Current Affairs for April 9, 2026

  • RBI Monetary Policy Review (April 2026): The Monetary Policy Committee (MPC) kept the Repo Rate unchanged at 5.25%; other rates include SDF at 5.0%, MSF at 5.50%, and CRR at 3%.
  • GDP and Inflation Projections: RBI projected India's GDP growth for FY 2026-27 at 6.9% and estimated the retail inflation (CPI) at 4.6% for the same period.
  • 11 Years of Pradhan Mantri Mudra Yojana: Launched on April 8, 2015, the scheme completed 11 years, continuing to provide collateral-free loans across categories: Shishu, Kishor, Tarun, and Tarun Plus (up to ₹20 lakh).
  • World Bank GDP Estimate: The World Bank revised India's GDP growth forecast for FY 2026-27 to 6.6%, citing global economic challenges and regional conflicts.
  • First Unicorn of FY 2026-27: CreditBee, a fintech platform, became the first Indian startup to achieve unicorn status this fiscal year with a valuation of $1.5 billion.
  • New Hydroelectric Projects in Arunachal Pradesh: The Union Cabinet approved ₹14,115 Cr for the Kalai-II (1,200 MW) and ₹26,000 Cr for the Kamala (1,720 MW) projects.
  • NHAI's 'Aarogya Van' Initiative: The National Highway Authority of India launched this initiative to plant over 67,000 medicinal trees along national highways for ecological sustainability.
  • New Airports for Telangana: The Ministry of Civil Aviation approved the establishment of two new airports in Warangal and Adilabad to improve regional connectivity.
  • NTPC-EDF Nuclear Cooperation: NTPC Limited signed an MoU with France's EDF to collaborate on the development of nuclear power projects in India.
  • Exercise 'Cyclone-IV' 2026: The Indian Army participated in the fourth edition of the joint military exercise with Egypt, held at Anshas, Egypt.

Comments

Popular posts from this blog

Current affairs for March 9, 2026

Current Affairs for March 26, 2026