The Reserve Bank of India finalized comprehensive fair practice conduct guidelines for loan recovery agents, prohibiting harassment, unannounced visits, and intrusive digital remote access tools.

Chief Justice of India constituted a national Judicial Infrastructure Advisory Committee to establish uniform standards for court complexes, digital connectivity, and barrier-free access across district courts.

The Election Commission of Bangladesh announced the official schedule for the presidential election, setting polling for August 20, 2026, following nomination filings ending August 13.

Iran presented a revised bilateral maritime traffic control proposal to Oman, seeking joint navigational management and vessel tracking schemes through the Strait of Hormuz.

The Government of Meghalaya launched Project Clouded Leopard, a dedicated habitat conservation initiative protecting the state animal in the Indo-Burma biodiversity hotspot.

Chief Justice of India constituted a national Judicial Infrastructure Advisory Committee to standardize court facilities, digital infrastructure, and accessibility across trial courts.

The Monetary Policy Committee of the Reserve Bank of India unanimously voted to keep the benchmark repo rate unchanged at 5.25%.

Parliament passed the Supreme Court (Number of Judges) Amendment Bill 2026, increasing maximum judicial strength from 34 to 37 judges.

The Reserve Bank of India appointed Monisha Chakraborty as Executive Director overseeing the Foreign Exchange Department, Financial Markets Operations Department, and International Department.

High Court of Jammu & Kashmir and Ladakh held that candidate relaxation in physical measurement standards granted to hilly domicile candidates does not disentitle them from Open Merit selection.

Gujarat Food and Drugs Control Administration issued a state-wide ban on selling synthetic analogue dairy products labeled as natural paneer, cheese, or butter.

China's Ministry of Commerce announced targeted trade countermeasures, restricting critical mineral exports and imposing tariffs on select US technology components.

Iran and Oman signed a bilateral maritime agreement finalizing technical boundary coordinates and joint navigational safety protocols in the Strait of Hormuz.

Kalaburagi observed the 679th Foundation Day of the Bahmani Empire, honoring founder Alauddin Hasan Bahman Shah at his historic mausoleum.

The Supreme Court described the Pharmacy Council of India (PCI) as an obsolete institution, recommending its replacement with a modern National Pharmacy Commission.

RBI confirmed that its concessional foreign currency swap window successfully mobilized $40.8 billion in total foreign exchange reserves.

The Union Government plans to sell an additional 6.5% stake (over 82.22 crore shares) in Life Insurance Corporation (LIC) through an Offer for Sale (OFS).

Bar Council of India confirmed that law graduates provisionally enrolled with state bar councils may practice in trial courts for two years before passing the All India Bar Examination.

A Sudanese Armed Forces drone strike targeting an outdoor community court session in Darfur resulted in 35 civilian fatalities.

Supreme Court demanded explanations from Jharkhand Government and High Court over a criminal murder trial lingering for 44 years.

Ministry of Road Transport launched a GNSS-based barrier-free satellite toll system pilot on the Manesar-Jaipur highway stretch.

RBI's concessional dollar-rupee swap facility mobilized $40.8 billion in foreign exchange inflows as of July 31, 2026.

National Institute of Open Schooling launched an academic equivalency framework granting Class 10 and 12 certificates to ITI trainees.

China implemented new maritime patrol regulations establishing routine administrative jurisdiction over contested South China Sea shoals.

Supreme Court invalidated rules excluding married daughters from compassionate appointment eligibility in Bihar government service.

Reserve Bank of India consolidated 628 legacy regulatory circulars into 64 streamlined Master Directions to simplify banking compliance.

India's Ministry of External Affairs and Commerce Ministry are assessing economic impacts of a proposed US Senate bill imposing 100% tariffs on refined products derived from Russian crude.

Myanmar's military leadership announced a new five-year political roadmap while rejecting the ASEAN Five-Point Consensus.

Madras High Court reviewed legal petitions concerning Tamil Nadu Assembly's resolution opposing Karnataka's proposed Mekedatu reservoir project.

Prime Minister Narendra Modi ordered a dedicated emergency support mechanism for Indian seafarers navigating high-risk maritime zones.

Parliament passed the Public Examinations (Prevention of Unfair Means) Bill following a voice vote in the Rajya Sabha.

SEBI penalized Moksh Ornaments promoters and social media finfluencers for manipulating stock prices via messaging channels.

Supreme Court questioned Bihar government over mandating Teacher Eligibility Test (TET) for specialized special education teachers.

RBI announced a ₹34,000 crore underwriting auction for Primary Dealers supporting central government debt issuances.

SEBI market data revealed Gen Z investors accounted for 59% of new retail demat account additions across Indian stock exchanges.

Calcutta High Court issued an interim stay halting the suspension of Public Distribution System (PDS) food grain benefits linked to voter list deletions.

US President Donald Trump vowed decisive retaliation following drone strikes on forward US military positions in Jordan.

Kerala State SC/ST Commission released annual report showing Thiruvananthapuram district registered highest complaint volume.

Government of Brazil withheld diplomatic approval (Agrément) for the nominated US Ambassador following bilateral foreign policy differences.

Thousands of migrants attempted mass entry across the border fence separating Morocco and the Spanish enclave of Ceuta.

Jammu & Kashmir High Court ruled that pre-depositing interest on delayed gratuity is not a mandatory pre-condition for filing statutory appeals.

An armed terror assault on a police check post in Khyber Pakhtunkhwa, Pakistan, resulted in 26 fatalities.

The death toll from a massive mountain landslide in China's Hunan province rose to 51 following torrential monsoon rainfall.

Cuba authorized direct private foreign investment in retail fuel distribution and pharmaceutical supply sectors to ease economic shortages.

Tata Power announced ₹5,750 crore investment in hybrid solar-wind renewable projects in Andhra Pradesh's Rayalaseema region.

Supreme Court quashed all criminal proceedings against former PM Manmohan Singh in a long-pending coal block allocation case.

RBI conducted a G-Sec buyback auction accepting ₹12,604 crore against ₹20,000 crore notified target to manage liquidity.

Supreme Court rejected Lokpal's challenge affirming High Court jurisdiction over preliminary anti-corruption inquiries.

U.S. Senate fast-tracked bipartisan legislation expanding secondary sanctions on entities trading with Russian and Iranian defense sectors.

Maharashtra government issued executive order banning HFSS junk food sales within 50 meters of all school campuses.

Supreme Court ordered an independent SIT probe into student protest clashes while barring coercive action against student leaders.

WHO reported Ebola virus outbreak in Democratic Republic of Congo reached 3,200 cases, triggering international health alerts.

Official data revealed India's fertilizer import dependence reached 34.5% in FY 2026 highlighting raw material import requirements.

Delhi High Court ordered winding up of Paytm Payments Bank and appointed an official liquidator under Banking Regulation Act.

Chad announced its intention to initiate formal withdrawal from the Rome Statute of the International Criminal Court.

Lok Sabha held intense debate on Public Examinations Amendment Bill strengthening penal provisions for paper leak syndicates.

A 6.8 magnitude earthquake struck Kumamoto prefecture in Japan causing structural collapses and emergency responses.

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.

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.