Development
World Para Athletics Grand Prix 2026 – New Delhi
The second edition of the event is being organised in New Delhi from 11–13 March 2026 , promoting competitive opportunities for para athletes.
🔶 Anti-Money Laundering Oversight
FATF Public Statement Update
The Financial Action Task Force (FATF) issued updated lists identifying jurisdictions with deficiencies in anti-money laundering (AML) and counter-terrorism financing (CFT) frameworks .
🔶 Banking & FinTech Developments
HDFC Bank–Swiggy Co-Branded Credit Cards
Two co-branded cards were introduced:
• Swiggy BLCK HDFC Bank Credit Card
• Swiggy Ornge HDFC Bank Credit Card
Objective: Strengthen digital payments and customer loyalty in the quick-commerce ecosystem.
🔶 Retail Lending Expansion
Jammu & Kashmir Bank Partnerships
J&K Bank partnered with two NBFCs to expand retail lending operations beyond the Union Territory , particularly in housing and consumer loans.
🔶 International Solar Cooperation
Romania Ratifies ISA Framework Agreement
Romania formally ratified the International Solar Alliance framework agreement , reinforcing international collaboration on solar energy deployment.
🔶 Bilateral Diplomacy
Finland President’s State Visit to India
President Alexander Stubb visited India from 4–7 March 2026 , strengthening cooperation in trade, education, innovation, and sustainable development.
🔶 Banking Leadership Changes
Fino Payments Bank Interim CEO
The Reserve Bank of India approved Ketan Merchant , the bank’s CFO, as Interim CEO .
ARCIL Leadership Appointment
Phanindranath Kakarla assumed charge as CEO and Managing Director of Asset Reconstruction Company (India) Limited .
🔶 International Political Development
Iran’s New Supreme Leader
Mojtaba Khamenei was appointed Supreme Leader of Iran following the death of Ali Khamenei .
🔶 Military Cooperation
Freedom Shield Joint Military Exercise
The United States and South Korea began the Freedom Shield joint military exercise , focusing on defence readiness and regional security cooperation.
🔶 Defence Strategy
Defence Forces Vision 2047
Defence Minister Rajnath Singh released the strategic roadmap titled “Defence Forces Vision 2047” , outlining the long-term modernization of India’s armed forces.
🔶 Space Cooperation
ISRO–ESA Earth Observation Agreement
The Indian Space Research Organisation (ISRO) and the European Space Agency (ESA) signed an agreement to collaborate on calibration, validation, and scientific studies for Earth observation missions .
🔶 Environmental Technology Innovation
Plastic Waste to Acetic Acid – Canada
Researchers at the University of
Month: Current Affairs - March 11, 2026
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