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Published on Mar 18, 2026
Current Affairs
EduTips Daily CA Bullet Points (18 March 2026)
EduTips Daily CA Bullet Points (18 March 2026)

1) 🇮🇳National

 
  • Transgender Rights Legislation: A landmark bill has been introduced in the Lok Sabha to provide a precise legal definition of 'transgender' and establish graded punishments for crimes against them, reflecting the severity of harm.
  • Chabahar Port Developments: A parliamentary panel has expressed concern over the future of the Chabahar Port project as the US sanctions waiver on Iran formally lapsed, though India continues diplomatic engagements to secure a conditional extension until April 2026.
  • Spiritual Alignment: India marks a rare spiritual alignment today with the New Moon (Amavasya) on 18 March, immediately followed by the commencement of Chaitra Navratri on 19 March, creating a significant 48-hour 'manifestation portal'.
  • Medical Education Update: The processing for Round 1 seat allotment for NEET SS (Super Speciality) 2026is underway today following the completion of the choice-locking phase.

2) 🌍International

  • Strait of Hormuz Blockade: Prime Minister Narendra Modi held a telephonic conversation with UAE President Sheikh Mohamed bin Zayed Al Nahyan, stressing the importance of safe and free navigation through the Strait of Hormuz amidst the ongoing US-Israel-Iran conflict.
  • Saudi Arabia Moon Sighting: The Supreme Court of Saudi Arabia has called upon Muslims to look for the Shawwal crescent moon on the evening of 18 March (29th Ramadan). A sighting today would mark the beginning of Eid-al-Fitr on 19 March.
  • International Mathematics Day (Pi Day) Impact: Global educational institutions continue to observe the week following 14-15 March (Pi Day) with a focus on the 2026 theme: "Mathematics and Hope".

3) 💰Economy

  • Oil Price Surge: The Indian crude oil basket has hit a 44-month high of $101.25 per barrel, putting severe pressure on domestic refiners and threatening to widen the current account deficit.
  • Growth Forecast Revisions: Due to the energy crisis, Goldman Sachs has cut India's FY26 growth forecast to 6.5%, while the Indian government maintains a target of comfortably crossing the $4 trillion GDP mark in the coming financial year.
  • Wholesale Inflation: India's WPI inflation reached an 11-month high of 2.13% in February, primarily driven by the spike in food and fuel prices.
  • Digital Evaluation in CBSE: To improve accuracy, CBSE has fully transitioned to On-Screen Marking (OSM)for the evaluation of Class 12 answer scripts starting this month.

4) 🗓️Date’s importance

  • National Vaccination Day (18 March): Observed to highlight the importance of vaccines in human health and to commemorate India's success in the Pulse Polio Programme.
  • Ordnance Factory Day (18 March): Marks the foundation of the first Ordnance Factory in India at Cossipore, Kolkata, in 1801.
  • Global Recycling Day (18 March): Aimed at raising awareness about the importance of recycling to preserve primary resources and secure the future of our planet.

5) 👱‍♂️👩‍🦳Person of the day

  • Dr. Dabas Hazarika: A prominent voice in management education, she is currently in the news for her insights on the "Leadership Pivot", emphasizing human connection and psychological safety in the age of Artificial Intelligence.
  • Kishori Sud: The renowned tarot reader and crystal healer whose expert analysis on the March 18–19 Manifestation Portal has trended across national news platforms.

6) 🏅Sports

  • World Baseball Classic Final: Team USA, led by captain Aaron Judge, is set to face Venezuela in the final in Miami. Judge made headlines by claiming the WBC atmosphere feels "bigger and better than the World Series".
  • World Para Athletics GP: India continues its dominant run in the World Para Athletics Grand Prix 2026 in New Delhi, with javelin star Sumit Antil leading the medal charge.
  • MLB Personal News: Los Angeles Dodgers star Freddie Freeman and his wife Chelsea announced they are expecting a baby girl through surrogacy later in 2026.

7) 🏆Awards

  • 98th Academy Awards (Oscars 2026):
    • Best Animated Feature: KPop Demon Hunters (Netflix).
    • Best International Film: Sentimental Value (Norway).
    • Best Documentary: Mr. Nobody Against Putin.
  • BCCI Naman Awards: Shubman Gill (Polly Umrigar Award for Best International Cricketer) and Rahul Dravid (Lifetime Achievement) were the primary highlights of the ceremony held this week.

8) ⭐️Other important significance

  • Jal Jeevan Mission 2.0: The government has introduced the 'Sujal Gaon ID' to provide unique digital identities to villages achieving 100% tap water connectivity.
  • Space Education: Project Anant, a school-led satellite initiative, was launched to allow students to develop and launch their own satellite payloads in collaboration with private space firms.

📚Word of the day

  • RESILIENCE (Noun)
  • Meaning: The capacity to recover quickly from difficulties; toughness.
  • Usage: "India's energy sector is demonstrating remarkable resilience by diversifying oil sources during the West Asia blockade."