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Daily Current Affairs 20th April 2026 Daily GK Update
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National News
Gautam Adani Overtakes Mukesh Ambani to Become Asia’s Richest
- Gautam Adani has overtaken Mukesh Ambani to become Asia’s richest person, with a net worth of $92.6 billion.
- Ambani’s net worth stands at $90.8 billion, placing him behind Adani in the latest global billionaire rankings.
- Adani, founder of the Adani Group, is ranked 19th globally on the Bloomberg Billionaires Index and leads businesses across ports, renewable energy, airports, and coal trading.
FSSAI Bans Use of Ashwagandha Leaves in Supplements Over Safety Concerns
- The Food Safety and Standards Authority of India has banned the use of ashwagandha leaves and their extracts in health supplements due to safety concerns, allowing only root-based usage.
- The regulator has directed states to act against violations, amid the rapidly growing nutraceutical market, with ashwagandha valued at $928.5 million in 2026.
BECIL Signs MoU with Centre for Development of Advanced Computing to Boost Advanced Tech Collaboration
- Broadcast Engineering Consultants India Limited signed an MoU with the Centre for Development of Advanced Computing to collaborate on advanced technologies, digital transformation, and capacity building.
- The partnership will focus on AI, Machine Learning, 5G, and IoT, along with joint project implementation, consultancy, and development of innovative, turnkey tech solutions.
- The initiative aims to boost innovation, enable technology transfer, and strengthen India’s digital ecosystem in line with the Digital India vision.
Union Cabinet Approves 2% Hike in DA and DR for Central Government Employees and Pensioners
- The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a 2% hike in Dearness Allowance (DA) and Dearness Relief (DR) for Central government employees and pensioners, effective from 1 January 2026.
- With this revision, DA and DR increase from 58% to 60% of basic pay and pension to offset rising inflation.
- The decision will benefit around 50.46 lakh employees and 68.27 lakh pensioners, with an estimated annual financial impact of ₹6,791.24 crore, as per the 7th Central Pay Commission formula.
India Forms High-Level AIGEG to Steer AI Governance Strategy
- The Government of India has constituted a high-level body named the Artificial Intelligence Governance and Economic Group (AIGEG) to guide the country’s AI governance strategy and policy framework.
- The group will be chaired by Ashwini Vaishnaw, with Jitin Prasada appointed as the Vice-Chairperson to oversee coordination and implementation.
Manohar Lal Launches Urban Challenge Fund Guidelines to Boost ₹4 Lakh Crore Urban Infrastructure Push
- Union Minister Manohar Lal launched the Operational Guidelines for the Urban Challenge Fund (UCF) along with the Credit Repayment Guarantee Sub-Scheme (CRGSS) to strengthen urban infrastructure financing in In
- The Urban Challenge Fund, with ₹1 lakh crore Central Assistance, aims to mobilise nearly ₹4 lakh crore investment, promoting market-driven and sustainable urban development.
- The fund will support key sectors such as urban mobility, redevelopment of old city areas, water and sanitation, non-motorised transport, and climate-resilient infrastructure.
- The CRGSS will help Tier-II, Tier-III and hilly/North-Eastern cities access market-based financing through credit guarantees, while the scheme will run from FY 2025–26 to FY 2030–31.
Punjab Partners with IIT Ropar to Develop AI-Based Real-Time Crime Tracking System
- The Punjab government has partnered with IIT Ropar to develop an AI-based system for real-time crime tracking and analysis to strengthen policing efficiency.
- The system will use advanced technologies like data analytics, voice recognition, and dashboard monitoring to enable faster crime tracking and quicker decision-making by police.
About Punjab
- Capital – Chandigarh
- Chief Minister – Bhagwant Mann
- Governor – Gulab Chand Kataria
Banking And Financial News
DoT–SEBI MoU to Curb Telecom-Linked Financial Frauds
- Department of Telecommunications (DoT) and Securities and Exchange Board of India (SEBI) signed an MoU to combat telecom-linked financial frauds and protect investors.
- The agreement aims to detect suspicious telecom patterns early and prevent scams in digital trading, online onboarding, and mobile-based financial services.
- By integrating telecom intelligence with market regulation, the initiative will enable faster action against cyber frauds, impersonation scams, and misuse of mobile numbers in financial markets.
Awards News
Sayani Gupta Named Harvard South Asian Association’s Person of the Year 2026
- Sayani Gupta has been named Person of the Year 2026 by the Harvard South Asian Association for her contribution to film, storytelling, and representation.
- The award recognises individuals shaping South Asian identity, and she will be formally honoured at Harvard University later this month.
Sports News
Viktor Axelsen Announces Retirement from Professional Badminton After Historic Olympic Success
- Viktor Axelsen, the Danish badminton star, has announced his retirement from professional badminton after an illustrious career.
- He is regarded as one of the greatest men’s singles players, winning back-to-back Olympic gold medals at the Tokyo 2020 Olympics and Paris 2024 Olympics, along with a bronze at the Rio 2016 Olympics.
- Axelsen held the World No. 1 ranking for 183 weeks, making him the third-longest reigning player after Lee Chong Wei and Lin Dan.
Recently Retired Players
- Rassie van der Dussen (South Africa) – International cricket
- Carolina Marín (Spain) – professional badminton
- Gurjant Singh – International Hockey
- Sarfaraz Ahmed (Pakistan) – International Cricket
Rubel Hossain Announces Retirement from International Cricket
- Rubel Hossain, Bangladesh’s fast bowler, has announced his retirement from international cricket after a decade-long career with 159 matches across formats.
- He played 27 Tests, 104 ODIs, and 28 T20Is, with his last international match in 2021 against New Zealand national cricket team, and plans to continue in domestic cricket despite injury setbacks.
Important Days
18 April – World Heritage Day
- World Heritage Day is observed annually on 18 April to raise awareness about the importance of protecting cultural and natural heritage.
- Theme 2026 – Emergency Response for Living Heritage in Contexts of Conflicts and Disasters
- The day was established by UNESCO to promote preservation of monuments, historic sites, and traditions across the world.
- Each year has a specific theme highlighting conservation challenges and encouraging global participation in safeguarding heritage sites.
19 April – World Liver Day
- World Liver Day is observed annually on 19 April to raise awareness about liver health and related diseases.
- Theme 2026 – Solid Habits, Strong Liver
- The day highlights prevention and early detection of liver conditions such as Hepatitis, fatty liver, and cirrhosis.
Obituary News
Oscar Schmidt, Brazil Basketball Legend, Passes Away
- Oscar Schmidt, Brazil’s basketball legend and one of the sport’s greatest scorers, has passed away at the age of 68 after battling a brain tumor.
- A Hall of Fame inductee (2013), he had a 30-year career, represented Brazil in five Olympic Games and four World Cups, and holds all-time scoring records in both competitions.
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