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14 March 2026 Current Affairs UPSC-SSC-Banking level

🔶 Judiciary & Reservation Policy

Supreme Court Clarification on Creamy Layer Criteria
The Supreme Court of India clarified that parental income alone cannot be the sole determinant for identifying the “creamy layer” within the Other Backward Classes (OBC) reservation framework .
Significance: The ruling highlights the need to consider multiple socio-economic indicators beyond income while determining eligibility for OBC reservation benefits.


🔶 Agriculture & Gender Inclusion

Global Conference on Women in Agri-Food Systems 2026
Droupadi Murmu addressed the inaugural session of a global conference focused on women’s participation and leadership in agri-food systems , hosted in New Delhi.
Relevance: Emphasises women’s role in agricultural productivity, food security, and rural livelihoods .


🔶 Semiconductor Industry Development

Proposed ₹1 Trillion Semiconductor Fund
India is preparing to establish a ₹1 trillion semiconductor development fund aimed at strengthening domestic chip manufacturing capacity and supply chains .
Objective: Build a robust semiconductor ecosystem and reduce dependence on imports.


🔶 Agriculture Income Support

PM-KISAN 22nd Installment Released
Prime Minister Narendra Modi released the **22nd installment of the Pradhan Mantri Kisan Samman Nidhi from Guwahati, Assam.
Purpose: Provide direct income support to eligible farmers across India.


🔶 Railway Technology & Manufacturing

International Rail Coach Expo 2026
The International Rail Coach Expo 2026 was inaugurated at the premises of the Integral Coach Factory in Chennai.
Importance: Highlights innovations in railway rolling stock and modern coach technologies.


🔶 Smart Port Infrastructure

Digital Twin Technology at V.O. Chidambaranar Port
V. O. Chidambaranar Port became India’s first port to deploy Digital Twin technology , enabling real-time monitoring and predictive management of port operations.


🔶 Tribal Food & Nutrition Initiative

Araku Kouni Tribal Millet Menu
N. Chandrababu Naidu launched ‘Araku Kouni’ , the state’s first tribal millet-based food menu .
Significance: Promotes nutritious traditional foods and supports tribal agricultural products .


🔶 Public Sector Innovation

KSRTC Innovation Recognition
The Karnataka State Road Transport Corporation received the Governance Now 12th PSU National Award for its “Dhwani Spandana” initiative , which enhances passenger communication and grievance handling.


🔶 Banking & International Finance

SBI–MUFG Strategic Partnership
State Bank of India signed a cooperation agreement with MUFG Bank to improve cross-border financing and investment flows between India and Japan .


🔶 Economic Outlook

Nomura GDP Forecast Revision
Nomura Holdings revised India’s FY27 GDP growth forecast to 7% , slightly lower than its earlier estimate of 7.1%.


🔶 Financial Regulation

NBFC Registrations Cancelled
The Reserve Bank of India cancelled the Certificates of Registration of 36 NBFCs due to regulatory non-compliance.

Capital Adequacy Norms Amendment
RBI issued the Capital Adequacy Third Amendment Directions, 2026 , updating prudential norms for commercial banks.


🔶 FinTech Regulation

CRED Approved as Payment Aggregator
The RBI authorised CRED (operated by Dreamplug Technologies) to function as a Payment Aggregator under the Payment and Settlement Systems Act, 2007 .


🔶 Banking Sector Reforms

EASE Reform Agenda for PSBs
The Enhanced Access and Service Excellence (EASE) reform programme has improved asset quality, customer service, digital capabilities, and governance standards in Public Sector Banks .


🔶 Economic Research & Forecasting

CRISIL Economic Outlook Report
CRISIL Limited released the report “India Outlook: Wading through Squally Waters,” analysing economic growth trends and macroeconomic challenges.


🔶 Insurance Sector Leadership

HDFC ERGO CEO Appointment
HDFC ERGO General Insurance appointed Parthanil Ghosh as its Managing Director and Chief Executive Officer .


🔶 Maritime Diplomacy

INS Trikand Participation in Mauritius National Day
INS Trikand will participate in the 58th National Day celebrations of Mauritius , reinforcing maritime cooperation.


🔶 Technology & Social Media

Meta Acquires Moltbook Platform
Meta Platforms acquired Moltbook , a social networking platform designed for AI agents , signalling advancements in AI-driven digital interaction.


🔶 Defence Exports

Indonesia to Procure BrahMos Missiles
Indonesia agreed to purchase BrahMos missile , marking a significant expansion of India’s defence exports.


🔶 Public Health Partnerships

WHO Foundation–Novo Nordisk Collaboration
The WHO Foundation partnered with Novo Nordisk to address childhood obesity in India .


🔶 Planetary Science & Research Sites

Devon Island – Mars Analog Research Site
Devon Island is the largest uninhabited island on Earth and is used by scientists as a Mars analog site for planetary exploration research .


🔶 Important Days & Observances

World Sleep Day 2026
Observed on 13 March 2026 with the theme “Sleep Well, Live Better.”

International Day of Action for Rivers – 14 March
The day highlights the importance of river conservation and sustainable water management .

Pi Day – 14 March
Celebrated globally to honour the mathematical constant π (pi ≈ 3.14) and promote interest in mathematics.

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