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Daily Current Affairs 2nd April 2026 Daily GK Update
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National News
India Successfully Conducts Trials of First Hydrogen-Powered Train on Jind–Sonipat Route
- Union Minister Ashwini Vaishnaw announced successful oscillation trials of India’s first hydrogen-powered train, marking a major step in green transportation.
- The trial was conducted by the Research Designs and Standards Organisation (RDSO), with the train developed by Integral Coach Factory (ICF), Chennai.
- The train is set to run on the Jind–Sonipat route (Haryana) and achieved a maximum speed of 70 km/h during the 20 km trial run.
Delhi Govt Signs MoU with Prasar Bharati to Develop Global Media & Entertainment Hub
- The Delhi Government signed an MoU with Prasar Bharati to develop the national capital into a global hub for media and entertainment.
- The agreement was formalized by Delhi Tourism and Transportation Development Corporation (DTTDC) at Bharat Mandapam during the International Film Festival in New Delhi.
- The initiative aims to build an integrated ecosystem covering film, television, animation, VFX, gaming, and comics (AVGC) on a single platform.
About Prasar Bharati
- Formed- 23 November 1997
- Headquarters- New Delhi
- Ministry- Ministry of Information and Broadcasting
NCB Signs MoU with UltraTech Cement to Boost Skill Development in Construction Sector
- The National Council for Cement and Building Materials (NCB) signed an MoU with UltraTech Cement Ltd to promote skill development in the construction sector.
- The initiative aims to train and certify civil engineers, contractors, workers, and masons over the next 3–5 years to build a skilled workforce.
- The programme supports the Skill India Mission, launched in 2015 to enhance employability and workforce capabilities.
India, EU Sign Aviation Pact to Boost Manufacturing and Safety Standards
- The Government of India signed a working arrangement with the European Union to enhance aviation manufacturing and safety standards.
- The agreement was exchanged between the Directorate General of Civil Aviation (DGCA) and the European Union Aviation Safety Agency (EASA) ahead of an aviation partnership workshop in New Delhi.
- The pact will support key projects like the assembly of Airbus H125/AS350 helicopters in Bengaluru, Karnataka.
Banking And Financial News
Government Keeps Small Savings Interest Rates Unchanged for Eighth Consecutive Quarter
- The government has kept interest rates unchanged for small savings schemes like PPF and NSC for the eighth consecutive quarter, effective from April 1, 2026.
- As per the Finance Ministry notification, the rates for the first quarter of FY 2026–27 (April–June 2026) remain the same as those in the previous quarter (Jan–March 2026).
Saving Schemes Interest rates for April 2026 – June 2026
- Post Office Savings Deposit- 4 per cent
- Post Office Monthly Income Account- 7.4 percent
- 1-Year Post Office Time Deposits- 6.9 percent
- 2-Year Post Office Time Deposits- 7.0 percent
- 3-Year Post Office Time Deposits- 7.1 percent
- 5-Year Post Office Time Deposits- 7.5 percent
- 5-Year Recurring Deposits- 6.7 percent
- Senior Citizens Savings Scheme- 8.2 per cent
- Sukanya Samriddhi Account- 8.2 per cent
- National Saving Certificates (NSC)- 7.7 percent
- Kisan Vikas Patra- 7.5 percent (will mature in 115 months)
- Public Provident Fund- 7.1 per cent
Manufacturing Boost Lifts India’s Industrial Growth to 5.2% in February
- India’s industrial growth, measured by the Index of Industrial Production (IIP), increased to 5.2% in February, up from 5.1% in January, driven by strong manufacturing performance.
- The manufacturing sector showed significant improvement, with output growth rising to 6% in February 2026, as per the Statistics Ministry data.
ICRA Projects India’s GDP Growth to Slow to 6.5% in FY27
- ICRA projects India’s GDP growth to moderate to 5% in FY 2026–27, down from 7.6% in the current fiscal, mainly due to high energy prices and supply concerns amid the West Asia conflict.
- The agency also expects the current account deficit (CAD) to widen to 1.7% of GDP, assuming average crude oil prices at around $85 per barrel in FY27.
GDP Projection List 2026
- OECD – 6.1 % (FY27)
- S&P Global Ratings – 7.6% (FY26); 7.1% (FY27)
- Fitch Rating – 7.5% (FY26); 6.7% (FY27)
- CRISIL – 7.1% (FY27)
- Moody’s Rating – 6.45 (FY27)
- Goldman Sachs –9% (FY26)
RBI Imposes ₹31.80 Lakh Penalty on Airtel Payments Bank for Disclosure Lapses
- The Reserve Bank of India (RBI) has imposed a penalty of ₹31.80 lakh on Airtel Payments Bank Ltd for non-compliance with financial disclosure norms.
- The bank failed to disclose certain customer complaints in its FY 2024–25 financial statements, leading to regulatory action.
Recent Penalties imposed on Financial Institution
- Union Bank of India (₹95.40 lakh) by RBI – for regulatory non-compliance.
- Central Bank of India (₹63.60 lakh) by RBI – for regulatory non-compliance.
- Bank of India (₹58.50 lakh) by RBI – for regulatory non-compliance.
- Pine Labs (₹3.10 lakh) by RBI – for regulatory non-compliance.
- HSBC (₹31.80 lakh) by RBI- for regulatory non-compliance.
Appointment News
United Spirits ropes in Virat Kohli for Johnnie Walker Luxe Blended Water campaign
- United Spirits Ltd (Diageo India) has launched a new campaign for Johnnie Walker Luxe Blended Water, featuring former Indian cricket captain Virat Kohli.
- The campaign, based on the “Keep Walking” theme, showcases Kohli in multiple roles and highlights self-reinvention as a symbol of modern ambition.
Vir Vikram Yadav appointed as new DGCA chief
- Senior bureaucrat Vir Vikram Yadav has been appointed as the chief of the Directorate General of Civil Aviation (DGCA).
- Yadav, a 1996 batch Indian Administrative Service (IAS) officer of the Odisha cadre, succeeds incumbent Faiz Ahmed Kidwai, who has now been appointed as Additional Secretary, Department of Personnel and Training (DoPT).
About DGCA
- DGCA (Directorate General of Civil Aviation) is the regulatory body for civil aviation in India.
- It is responsible for ensuring aviation safety, setting standards, and regulating airlines and airports.
- DGCA functions under the Ministry of Civil Aviation, Government of India.
- Headquarters – New Delhi
Awards News
India’s Sheetal Devi Named World Archery Para Archer of the Year 2025
- India’s Sheetal Devi has been honoured with the World Archery ‘Para Archer of the Year 2025’, recognising her exceptional achievements in international archery.
- The 19-year-old from Jammu & Kashmir became the first female armless archer to win gold at the World Para Archery Championships (Gwangju, South Korea).
- She also won a bronze at the Paris Paralympics (mixed team) and individual silvers at the Asian Para Games 2022 and Asian Championships 2023.
Sports News
Ravichandran Ashwin Becomes First Indian International to Join US Major League Cricket
- Ravichandran Ashwin is set to become the first Indian international cricketer to join Major League Cricket (MLC) in the USA, signing with the San Francisco Unicorns for the 2026 season.
- The veteran spinner, who played 287 matches and took 765 wickets for India, retired from international cricket in 2024 and concluded his IPL career last year.
Important Days
April – World Autism Awareness Day
- World Autism Awareness Day is observed every year on 2nd April globally to spread awareness about Autism Spectrum Disorder (ASD).
- Theme 2026: Autism and Humanity – Every Life Has Value
- The day aims to promote acceptance, inclusion, and support for people with autism and their families.
2 April- International Fact-Checking Day
- International Fact-Checking Day is observed every year on 2nd April to promote awareness about verifying information and fighting misinformation.
- The day highlights the importance of accurate news, credible sources, and responsible sharing of information on social media.
2 April – International Children’s Book Day
- International Children’s Book Day is observed every year on 2nd April to promote the love of reading among children worldwide.
- The day marks the birth anniversary of Hans Christian Andersen, the famous fairy tale writer.
- It encourages children to develop reading habits, imagination, and creativity through books.
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