India–Sri Lanka Strengthen Naval Cooperation through IN-SLN DIVEX 2026
India and Sri Lanka enhanced their naval cooperation through IN-SLN DIVEX 2026, held in Colombo. The exercise focused on underwater operations, joint rescue capabilities, and strengthening maritime security in the Indian Ocean Region. The initiative reflects the growing importance of coordinated naval preparedness between the two neighbouring countries.
China Announces Zero-Tariff Access for African Nations
China announced zero-tariff access from May 1, 2026, for African nations that maintain diplomatic ties with Beijing. The move aims to boost African exports and deepen China-Africa trade relations, while also expanding Beijing’s economic influence across the continent.
Brent Crude Prices Surge Above $126 per Barrel
Brent crude oil prices surged above $126 per barrel, marking the highest level since 2022. The sharp increase followed Donald Trump’s warning of a prolonged US blockade of Iranian ports amid stalled peace talks. The development has raised concerns over global energy security and inflationary pressures.
National Medical Commission Eases MBBS Seat Expansion Norms
The National Medical Commission eased norms for MBBS seat expansion through its April 27, 2026 notification, amending the 2023 rules. The move is aimed at increasing undergraduate medical seats and improving access to medical education amid India’s rising demand for doctors.
Afghanistan Women’s Football Team Returns to International Play
FIFA approved the return of the Afghanistan women’s national football team to international football after rule changes made with the Asian Football Confederation. The team has been operating in exile since 2021, following political changes in Afghanistan.
Iran’s Rial Hits Record Low
Iran’s currency touched a record low, with the rial nearing 1.8 million per US dollar. The fall is linked to conflict, sanctions, and trade disruptions. The currency has sharply declined from about 811,000 per US dollar a year earlier, reflecting deep economic stress.
Union Government to Launch Prashast 2.0
The Union government is set to launch Prashast 2.0, a digital platform designed to identify 21 disabilities in children. The platform will support early screening, streamline certification, and improve inclusion of Children With Special Needs in education.
India Targets $2 Trillion Exports by 2030–31
India has set a target of achieving $2 trillion in exports by 2030–31, with equal contribution from goods and services. The strategy focuses on KPI-driven sectoral plans, IT-based monitoring, and strengthening MSME and agricultural exports under the Export Promotion Mission.