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The Affairs
India & World Current Affairs
30 July 2026
60 stories · This Month
Company Release
Economy Energy
Tata Power to Launch ₹5,750 Crore Renewable Projects in Andhra Pradesh's Rayalaseema
Tata Power announced ₹5,750 crore investment in hybrid solar-wind renewable projects in Andhra Pradesh's Rayalaseema region.
India National
Kalpasar Project-India and Netherlands Partner to Build Gujarat Freshwater Reservoir Project
India and the Netherlands signed a historic Letter of Intent on 17 May 2026 for technical cooperation on Gujarat's ambitious Kalpasar Project — an engineering marvel that aims to build a 60.13 km dyke across the Gulf of Khambhat, creating the world's largest freshwater reservoir in a marine environment. The pact was sealed during Prime Minister Narendra Modi's visit to the Netherlands, where he inspected the iconic Afsluitdijk dam alongside Dutch Prime Minister Rob Jetten. The LoI, signed between India's Ministry of Jal Shakti and the Netherlands' Ministry of Infrastructure and Water Management, leverages Dutch expertise in marine dam construction to overcome decades of engineering challenges. The project's DPR is at finalization stage, with construction targeted for completion in 8 years post-approval. The Rs 1,00,200 crore project will store 7,800 million cubic meters of freshwater, irrigate 10.54 lakh hectares, reduce travel distance between Saurashtra and South Gujarat from 240 km to 60 km, and generate 2,500 MW of renewable energy. The accompanying Bhadbhut barrage is already 53% complete and slated for full operation by June 2027.
India National
NEET 2026 Cancelled: How a 'Guess Paper' from Rajasthan Brought Down India's Biggest Medical Entrance Exam
The NEET-UG 2026 examination, held on May 3 for over 22.79 lakh medical aspirants, was cancelled on May 12 after a Rajasthan Special Operations Group investigation uncovered a "guess paper" containing approximately 120 questions that matched the actual exam paper. The CBI has arrested five people across Maharashtra, Haryana, and Rajasthan, including three members of a Jaipur family. The re-exam date remains unannounced, leaving lakhs of students in limbo.
India National
Supreme Court Affirms Governor's Constitutional Remission Power Overrides CrPC Provisions
The Supreme Court recently clarified that sentence remission policies issued under the Governor's constitutional prerogative (Article 161) supersede statutory provisions of the Code of Criminal Procedure (Sections 432, 433). A bench of Justices Sanjay Karol and Nongmeikapam Kotiswar Singh declared the 2021 State of Haryana v. Raj Kumar judgment as per incuriam, thereby reinstating the 2010 Jagdish case precedent. This ruling establishes that the remission policy applicable at the time of a prisoner's conviction governs eligibility, preventing the retrospective application of stricter statutory norms.
India National
RBI's June 2026 FSR Confirms Resilient Indian Financial System Stability
The Reserve Bank of India's latest Financial Stability Report for June 2026 affirms the continued robustness of the nation's financial system, demonstrating strong resilience amidst an evolving global landscape. It highlights healthy capital and liquidity buffers across Scheduled Commercial Banks (SCBs) and Non-Banking Financial Companies (NBFCs), alongside improved asset quality. The report underscores the sector's capacity to withstand potential adverse shocks, reinforcing confidence in India's economic stability despite persistent external volatilities and geopolitical tensions.
India National
RBI Seeks Public Comments on Draft Directions to Revise NBFC-UL Identification Methodology
The Reserve Bank of India (RBI) has issued draft amendment directions seeking public comments until May 04, 2026, on revising the methodology for identifying Non-Banking Financial Companies in the Upper Layer (NBFC-UL). The proposed changes aim for a transparent asset-size-based criterion of ₹1,00,000 crore or more, replacing the existing two-pronged approach. Additionally, Government-owned NBFCs will now be considered for NBFC-UL inclusion, aligning with an ownership-neutral regulatory regime. The amendments also propose allowing NBFC-ULs to use.
World Global
US and Iran Leave Door Open for Dialogue, Potential Fresh Talks in Pakistan
Following tense discussions, the United States and Iran have indicated a willingness to keep the door open for dialogue, with President Trump suggesting fresh talks could resume in Pakistan within the 'next two days'. This development, reported on April 14-15, 2026, highlights ongoing efforts to de-escalate tensions and explore diplomatic solutions amidst a backdrop of regional conflict and US maritime blockades.