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Daily Current Affairs: 3 April 2026

Current affairs of 3 April 2026: Aditya-L1: ISRO’s Sun Observatory at Lagrange Point 1; Sanshodhak: Fourth Survey Vessel (Large) Delivered to Navy; IOS SAGAR: INS Sunayna Leads 16-Nation Indian Ocean Mission, and 5 more topics. Key facts for every exam, with a quiz.

8 TOPICSDaily CurrentAffairs3 April 2026In focus: Aditya-L1: ISRO’s Solar Mission at the L1…safalsetu.com

Banking & Finance

Economy

2. Emirates NBD and RBL Bank: RBI Approves 74% Stake Buy

  • RBI approved Emirates NBD's acquisition of up to 74% in RBL Bank for $3 billion.
  • It is the largest foreign direct investment ever made in an Indian bank.
  • RBL Bank will change from a domestic private bank to a foreign bank subsidiary.
  • The Commercial Banks Governance Directions, 2025 set rules on board structure, CEO tenure and independence.
Full notes and 3 MCQs ›
Economy

3. SEBI Open Market Buyback Return: Consultation Paper

  • SEBI issued a consultation paper to reintroduce the open market route for share buybacks, reversing an earlier plan to phase it out by April 2025.
  • Tender offer is the current main route; open market buys happen on the exchange at prevailing prices.
  • From April 2026, buyback proceeds are taxed as capital gains in the shareholder's hands.
  • Earlier, tax-free receipts for buyback participants created an advantage over regular sellers.
Full notes and 3 MCQs ›

Agriculture & Rural

Science & Technology

Defence & Security

International Relations

8. IOS SAGAR: INS Sunayna Leads 16-Nation Indian Ocean Mission

  • The Indian Navy flagged off INS Sunayna as Indian Ocean Ship (IOS) SAGAR, a 16-nation initiative.
  • The mission seeks stronger maritime security and cooperation across the Indian Ocean Region amid West Asia tensions.
  • SAGAR means Security and Growth for All in the Region, India's Indian Ocean policy introduced in 2015.
  • The Strait of Hormuz is a key oil choke point between the Persian Gulf and the Gulf of Oman.
Full notes and 3 MCQs ›

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15 questions from the news of 3 April 2026, with answers and explanations.

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