Daily Current Affairs – April 2, 2026

India has waived import duties on crucial chemicals like ammonium nitrate, methanol, and PVC for three months, starting April 2nd. This move aims to ease supply chains and potentially lower costs for various industries. The government has also exempted ammonium nitrate from the Agriculture Infrastructure and Development Cess during this period, offering further relief.

India's economy shows remarkable resilience, with strong March figures in GST collections, vehicle sales, and digital payments, defying disruptions from the Gulf war. Despite a robust fiscal year-end, economists caution that rising costs and potential supply issues could soon impact the economy more visibly.

He also charges the DMK government of accruing enormous debts without any capital expenditure

Can PNG replace LPG for cooking? Why has LPG been preferred so far? How is LNG transported and used? What is holding back PNG expansion? Can domestic production meet demand? Will PNG reduce LPG import dependence?

Artemis II commander Reid Wiseman led the charge into space with “Let's go to the moon!” accompanied by pilot Victor Glover, Christina Koch and Canada's Jeremy Hansen

India is shifting from electronics assembly to full-scale manufacturing as the ECMS scheme boosts domestic component production. With rising investments, localisation targets, and strategic focus on critical inputs like rare earth magnets, the sector offers a long-term opportunity, though execution and capacity ramp-up over the next few years remain key risks.

The Indian rupee surged in early trading following the Reserve Bank of India's new measures to curb speculation and arbitrage flows. These actions are expected to lead to increased onshore dollar sales as traders unwind positions. Meanwhile, rising energy prices, driven by Middle East conflict concerns and U.S. President Trump's remarks, add to existing economic pressures.

India plans to make public the findings of inspections of pharma factories, marking a shift towards greater transparency. Regulator CDSCO will publish details of firms and audit recommendations, as India's $50 billion pharma sector faces tighter scrutiny after recent safety concerns.

A large number of deals with no connection to West Asia are still on track or have been executed, says P.D. Singh, CEO for India and South Asia, Standard Chartered Bank.

The match will kick off at 18:30 IST at the Thammasat Stadium in Pathum Thani, and will be streamed live on FanCode, according to the All India Football Federation (AIFF)

The BCCI, in a statement on Wednesday (April 1, 2026), informed that the Indian men's team will play three games against hosts Zimbabwe on July 23, 25, and 26