Daily Current Affairs – March 31, 2026

India boosted diesel exports significantly in March. This surge was driven by favorable economics for middle distillates. Geopolitical events in West Asia tightened supply, increasing diesel and jet fuel prices. Refiners adjusted production to capitalize on these higher margins. India also increased domestic LPG production to compensate for lost imports. Overall refined product exports saw a slight decline.

India's insolvency law has significantly boosted the banking sector. The Insolvency and Bankruptcy Code has helped rescue struggling companies and recover bad loans. A new amendment bill passed in the Lok Sabha introduces fresh resolution frameworks. This aims to speed up the rescue of stressed firms and improve loan recovery processes across the country.

The TVK president criticises the government for failing to provide safety and employment opportunities, and calls the ruling party am ‘evil force’

The announcement marks the government’s first public assessment of compliance with the law that is being studied by policymakers globally

The Mahan Air plane was expected to arrive in New Delhi on April 1

Despite geopolitical shocks, Abakkus Mutual Fund's Sanjay Doshi remains bullish on India's long-term growth story, viewing market consolidation as an opportunity. He identifies manufacturing, financials, and premium consumption, alongside new-age themes like EVs and defence, as key drivers for India's next growth phase.

The Trump administration proposed allowing alternative assets like private equity and crypto in U.S. retirement plans, aiming to broaden investment options and unlock capital. While supporters cite diversification benefits, critics warn of risks like high fees and illiquidity for retail investors. The rule places fiduciary responsibility on plan managers to evaluate these complex assets.

Bank holiday today: Banks across various Indian cities will be closed on 31 March for Mahavir Jayanti. Here's a list of all cities where banks will be closed on Tuesday.

Aditya Puri, the former MD and CEO of HDFC Bank, shares insights from his 26-year journey in banking during a chat at the Mint India Investment Summit. He discusses the evolution of financial services in India, the role of AI and how a customer-focused approach can transform banking.

"Cameron is currently rebuilding his bowling loads in India with a view to returning in around 10-12 days' time. KKR has been communicated with and is fully aware of this information," says spokesperson

“If there is a bit of grass and if there is good pace and bounce, it might be easier for the overseas guys. If the surface is a little drier and on the slower side, it might be easier for an Indian player. We have flexibility in our batting order” says