Daily Morning Brief -31 March 2026

INDIA NEWS 

1- Govt Restores PDS Kerosene in 21 Regions Amid Energy Crisis 

Amid West Asia conflict-led supply concerns, the Centre authorized ad-hoc Superior Kerosene Oil (SKO) allocation to 21 States/UTs, including regions where it was previously phased out, ensuring household fuel. 

2- Telangana to Launch EAGLE-Style Body Against Adulteration

Chief Minister Revanth Reddy announced a new regulatory body modeled after EAGLE and HYDRAA. This dedicated authority aims to strictly curb widespread food adulteration and protect public health. 

3- AP to Launch QR-Coded Rice Bags for School Meals 

The Andhrapradesh government is launching QR-coded rice bags for schools and hostels. This transparency initiative honors farmers by displaying their details, allowing students to trace their food's origin. 

4- India’s First Digital Headcount Begins April 1 

India's first digital census begins its initial phase on April 1, 2026. This stage focuses on house-listing and housing, offering a self-enumeration option before door-to-door data collection starts. 

WORLD NEWS

5- Myanmar’s junta chief, Min Aung Hlaing, has been nominated as President of Myanmar 

Junta chief Min Aung Hlaing was nominated as President through a military-controlled parliamentary process. This move marks his formal transition from military commander to civilian-clothed head of state. 

6- Iran Rejects Pakistan’s Claims of Mediation with USA

Tehran dismissed claims of participating in Pakistan-hosted mediation talks with the US. Iran clarified that while Pakistan’s forums are their own, they have not engaged in any participation. 

7- Spain Shuts Airspace to US Military Over "Illegal" Iran War 

Opposing the "illegal" war in Iran, Spain closed its airspace and military bases to US aircraft involved in the conflict. Prime Minister Sánchez emphasized a firm stance against unilateral military actions. 

FINANCE NEWS

8- Currency Breaches Historic 95/$ Mark for the First Time 

The Indian Rupee breached the 95/USD mark for the first time, hitting an intraday low of 95.2. Ongoing geopolitical tensions and rising crude oil prices fueled this depreciation.

9- Sensex Plunges 1,600 Points as Geopolitical Tensions Mount 

The Sensex plummeted by 1,635 points (2.22%) to settle at 71,947.55. Investor sentiment soured due to regional instability and the Rupee's fall, marking a sharp end to the fiscal.