Daily Current Affairs and GK | 28 March 2026

Topic: Reports and Indices

1. World Economic Forum report states that India is emerging as a major global hub for electro-technology manufacturing.

• The country is leveraging affordable solar energy and advancements in battery technology to drive this transformation.
• India is pursuing a development path designed to avoid excessive reliance on fossil fuels.
• This approach differs from the traditional development models adopted by Western nations and China.
• India's strategy places a strong emphasis on energy independence and sustainability.
• The report suggests that this model could also serve as a guide for other emerging economies.
• Currently, solar energy contributes approximately 9% to India's total electricity generation.
• India's per capita coal consumption is significantly lower than that of China, a nation at a comparable stage of development.
• Oil demand in India remains relatively low and is not expected to rise rapidly.
• This shift is also clearly evident within the transportation sector.
• Electric passenger vehicles currently account for approximately 5% of total car sales.
• Electric three-wheelers are at the forefront of their segment, commanding a market share of nearly 60%.
• India is recognized as a global leader in the adoption of electric three-wheelers.
• The country's per capita electricity consumption is now approaching 1,500 kWh per year.
• The cost of solar energy—inclusive of storage capabilities—is now roughly half the cost of constructing new coal-fired power plants.
• India's electronics sector has expanded sixfold, reaching a total value of $130 billion.
• Solar module manufacturing capacity has reached approximately 120 GW, while solar cell production capacity stands at around 18 GW.
• India is actively developing integrated supply chains across various electro-technology sectors.
• The country aims to position itself as a major global exporter of electro-tech products.

Topic: International News

2. US President Donald Trump’s signature on dollar bills approved for the first time.

• The inclusion of US President Donald Trump’s signature on US dollar bills has been approved for the first time in history.
• The decision has been taken by the US Treasury as part of the 250th anniversary celebrations of American independence.
• The signature will appear alongside that of Treasury Secretary Scott Bessent on US paper currency.
• This move marks the first instance since 1861 that a sitting president's signature will feature on dollar bills.
• The announcement has been confirmed by US Treasurer Brandon Beach through a social media statement.
• The development reflects a symbolic step linked to the historic milestone of American independence celebrations.
• Earlier, a federal arts commission approved a commemorative 24-karat gold coin featuring Donald Trump’s image.
• The commemorative coin is also intended to mark the 250th anniversary celebrations.