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India Inducts 7,000-tonne Nuclear Submarine INS Aridaman; Passes IBC Amendment Bill 2026 & US Imposes 100% Tariff on Patented Pharma

Target:UPSCMPSCBankingSSC GATeachingPrelims HighMains HighStatic GK Link
04 Apr 2026
~2 min
Source: Indian Express
Key Data:7,000-tonneINS Arihant (2016)INS Arighaat (2024)K-4 SLBM range 3,500 km100% tariff₹15,000 crore PLI outlay
Bodies:Indian NavyCabinet Committee on Security (CCS)National Company Law Tribunal (NCLT)Reserve Bank of India (RBI)
Practice MCQs from today's news ▸
What This Article Covers

1.INS Aridaman, India's third indigenously built Arihant-class nuclear-powered ballistic missile submarine (SSBN), was commissioned, enhancing sea-based nuclear deterrent and the nuclear triad.

2.The Insolvency and Bankruptcy Code (Amendment) Bill, 2026 was passed, introducing Creditor-initiated Insolvency Resolution Process (CIIRP), group insolvency, and cross-border insolvency to expedite resolution.

3.The US announced a 100% tariff on patented pharmaceuticals, impacting Sun Pharma but largely sparing India's generic drug exports, while India's PLI Scheme for Pharmaceuticals has a ₹15,000 crore outlay.

The Big Picture
Prelims · HighMains · High

This multi-topic news package covers high-impact developments crucial for GS III & GS II: India's strategic defence advancement with its third SSBN, a major US tariff policy affecting India's pharma exports, significant amendments to the IBC 2016, and a deep analysis of the evolving US-China-India strategic triangle.

Exam Lens

Quick Exam Facts From News

INS Aridaman Weight7,000-tonne
Previous SSBNsINS Arihant (2016), INS Arighaat (2024)
K-4 SLBM Range3,500 km
US Tariff on Patented Pharma100%
PLI Scheme for Pharma Outlay₹15,000 crore
IBC Amendment Year2026
Navy's Submarine Authorised Strength18

1-Minute Revision

  • ›INS Aridaman Weight: 7,000-tonne
  • ›Previous SSBNs: INS Arihant (2016), INS Arighaat (2024)
  • ›Target this Data: INS Aridaman's weight (7,000 tonnes) and K-4 SLBM range (3,500 km).
  • ›Target this Nodal Body: The National Company Law Tribunal (NCLT) oversees the Corporate Insolvency Resolution Process under IBC.
  • ›Target this Legal Point: The Jan Vishwas Act amends over 12,500 compliance requirements across 950+ laws, decriminalising many offences.

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which body oversees the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC)?

Q2Statement-basedHard

Consider the following statements regarding developments mentioned in the news:

1. The Insolvency and Bankruptcy Code (Amendment) Bill, 2026 introduces a Creditor-initiated Insolvency Resolution Process (CIIRP) requiring agreement from at least 51% of financial creditors.

2. The US tariff of 100% applies to both patented and generic pharmaceutical imports from India starting July 31.

3. INS Aridaman is India's first nuclear-powered ballistic missile submarine (SSBN), commissioned in 2026.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what is the financial outlay for the Production Linked Incentive (PLI) Scheme for Pharmaceuticals approved by the Union Cabinet?

Q4Application/ImpactMedium

What is a primary strategic implication of India's 'No First Use' (NFU) nuclear policy, as discussed in the article?

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