Daily Morning Brief - 3 April 2026

India
1- Parliament Passes Jan Vishwas Bill, 2026
Before adjourning, the Rajya Sabha passed the Jan Vishwas (Amendment) Bill, 2026. Prime Minister Modi stated that this law would provide a major boost to "Ease of Living" and "Ease of Doing Business" by decriminalizing minor offenses and introducing proportionate penalties.
2- Content Creator Labs to be set up in 1,500 schools and 500 colleges.
The Indian government is establishing AVGC Content Creator Labs in 15,000 schools and 500 colleges with a ₹250 crore budget to boost the "Orange Economy" and global content creation hubs.
3- Centre Slashes Duties to protect India from Global Crude Shock
With the West Asia crisis pushing crude prices higher, the Centre has announced a full customs duty exemption on critical petrochemical products to protect domestic industries from rising costs.
World
4- INDIA is our Friend, will not face problem in strait of hormoz, says Iran.
Tehran has reassured New Delhi that Indian vessels will face no disruptions in the Strait of Hormuz, designating India as a "friendly nation" with guaranteed safe passage through the waterway.
5- NASA Launches Artemis II Moon Mission: First Crewed Lunar Journey Since 1972
Artemis II is a crewed lunar flyby mission and will not land on the Moon. Its main goal is to test the Orion spacecraft and Space Launch System rocket in deep space. The spacecraft will travel around the far side of the Moon and return to Earth using a free-return trajectory.
Finance and Economy
6- Banking Sector Under Pressure: Loan Demand Hits Record Highs While Deposits Slow
An RBI report reveals a liquidity crisis as bank credit growth outpaces deposits. While loan demand surges—especially in gold loans—slowing deposit rates and rising funding costs are straining the system.
7- Airtel Becomes World’s 2nd Largest Telecom Operator with 650 Million Users
Bharti Airtel has crossed 650 million customers, becoming the world’s second-largest telecom operator. The announcement was made on April 2, 2026. The company now stands just behind China Mobile in global rankings.
Odisha News
8- School Timings Changed; 6:30 AM to 10:30 AM
Due to rising temperatures hitting 40°C, Odisha has shifted school timings to 6:30 AM – 10:30 AM effective today. The move aims to protect students from the intensifying summer heat.
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