RBI Accepts ₹12,604 Crore in Government Securities Buyback Against ₹20,000 Crore Target
RBI conducted a G-Sec buyback auction accepting ₹12,604 crore against ₹20,000 crore notified target to manage liquidity.
The Affairs
India & World Current Affairs
30 July 2026
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Company Release
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.
Maharashtra Bans High-Fat, Sugar, and Salt Foods Around School Campuses
Maharashtra government issued executive order banning HFSS junk food sales within 50 meters of all school campuses.
Supreme Court Rejects Lokpal Challenge Over CBI Probe Into Defence Secretary Rajesh Kumar Singh
Supreme Court rejected Lokpal's challenge affirming High Court jurisdiction over preliminary anti-corruption inquiries.
Supreme Court Quashes Criminal Proceedings Against Former PM Manmohan Singh in Coal Case
Supreme Court quashed all criminal proceedings against former PM Manmohan Singh in a long-pending coal block allocation case.
U.S. Senate Fast-Tracks Sanctioning Russia and Iran Act of 2026
U.S. Senate fast-tracked bipartisan legislation expanding secondary sanctions on entities trading with Russian and Iranian defense sectors.
Ebola Outbreak in Congo Hits 3,200 Cases, Near Record Levels
WHO reported Ebola virus outbreak in Democratic Republic of Congo reached 3,200 cases, triggering international health alerts.
Chad Announces Intent to Withdraw from International Criminal Court
Chad announced its intention to initiate formal withdrawal from the Rome Statute of the International Criminal Court.
India's Fertiliser Import Dependence Climbs to 34.5 Per Cent in Fiscal Year 2026
Official data revealed India's fertilizer import dependence reached 34.5% in FY 2026 highlighting raw material import requirements.
Earthquake in Kumamoto, Japan, Results in Deaths at Aeon Mall
A 6.8 magnitude earthquake struck Kumamoto prefecture in Japan causing structural collapses and emergency responses.
Lok Sabha Debates Public Examinations Amendment Bill Amid Growing NTA Backlash
Lok Sabha held intense debate on Public Examinations Amendment Bill strengthening penal provisions for paper leak syndicates.
Delhi High Court Orders Winding Up of Paytm Payments Bank and Appoints Liquidator
Delhi High Court ordered winding up of Paytm Payments Bank and appointed an official liquidator under Banking Regulation Act.
Supreme Court Orders SIT Probe into Student Protest Violence, Bars Coercive Action
Supreme Court ordered an independent SIT probe into student protest clashes while barring coercive action against student leaders.
India Summons Ukraine Envoy Following Death of Indian Seafarer in Black Sea
MEA summoned Ukraine Ambassador issuing demarche over Indian seafarer death in Black Sea drone attack.
Allahabad High Court Rules Article 142 Powers Exclusive to Supreme Court
Allahabad High Court held that Article 142 plenary powers for complete justice belong exclusively to Supreme Court.
RBI Issues Draft Amendments to Refine Securitisation Transaction Framework for Financial Entities
RBI issued draft amendments to securitisation guidelines introducing STC frameworks for financial entities.
Satellite Imagery Confirms 11 Chinese J-20 Stealth Jets Stationed Near Indian Border
Commercial satellite imagery confirmed 11 J-20 stealth fighters deployed at Shigatse air base near Sikkim border.
Karnataka High Court Strikes Down Health Security and National Security Cess Act 2025
Karnataka High Court invalidated the state cess act as unconstitutional and ultra vires Seventh Schedule powers.
India and China to Resume Nathu La Border Trade From August 1
India and China agreed to resume official border trade through Nathu La pass in Sikkim starting August 1, 2026.
Ministry of Environment Notifies Updated Guidelines for National Clean Air Programme
The Ministry of Environment, Forest and Climate Change has published updated operational guidelines for the National Clean Air Programme (NCAP), mandating strict urban airshed management.
India and Japan Conclude Special Review Session on Comprehensive Economic Partnership Agreement
India and Japan completed a high-level review of their bilateral Comprehensive Economic Partnership Agreement (CEPA), agreeing to streamline trade procedures and expand industrial investments.
Ministry of Mines Announces Auction of Twelve Critical and Strategic Mineral Blocks
The Ministry of Mines has launched the fourth tranche of commercial auctions for twelve critical and strategic mineral blocks, including lithium, rare earth elements, and titanium reserves.
NITI Aayog Releases 4th Edition of State Energy and Climate Index Highlighting Renewable Transition
NITI Aayog has published the 4th edition of the State Energy and Climate Index (SECI 4.0), evaluating Indian states across clean energy adoption, DISCOM operational efficiency, and carbon reduction.
Super Typhoon Noul Strikes Southern China as Peak Severe Cyclonic System of the Year
Super Typhoon Noul, the strongest tropical cyclone to form in the Western Pacific this year, made landfall along the Pearl River Delta in Guangdong, triggering emergency alerts and port suspensions.
Bombay High Court Quashes Unilateral Executive Reclassification of Wakf Properties as Enemy Property
The Bombay High Court has quashed administrative orders unilaterally mutating charitable Wakf land as Enemy Property, ruling that executive authorities cannot bypass due process or prior judicial orders.
RBI Conducts Auction of State Government Securities Worth ₹18,100 Crore via E-Kuber System
The Reserve Bank of India (RBI) has scheduled an auction for State Government Securities (State Development Loans) totaling ₹18,100 crore across seven state governments via its E-Kuber platform.
PM Modi Appoints Nandan Nilekani to Lead High-Level Task Force on National Exam Reforms
Prime Minister Narendra Modi has established a high-level task force chaired by Nandan Nilekani to overhaul India's national examination architecture and National Testing Agency (NTA) operations.
Cabinet Approves ₹6,970 Crore High-Speed Express Corridor to Streamline Access to Delhi IGI Airport
The Cabinet Committee on Economic Affairs has approved a ₹6,970 crore elevated express corridor project to connect Urban Extension Road-II directly with Indira Gandhi International Airport.
US Legislative Proposal Recommends Restructuring H-1B High-Skilled Visa Fee Architecture
A new legislative bill introduced in the United States Senate proposes restructuring the H-1B high-skilled worker visa program, recommending higher employer application fees and wage threshold revisions.
Genome Study Unveils Ancient Himalayan Population Dynamics and Mixed Genomes
A landmark ancient DNA study led by Indian geneticists reveals complex population migration patterns and mixed Tibetan-Indian genetic ancestry in ancient Himalayan communities.
UN General Assembly Confirms Extension of Volker Türk as UN High Commissioner for Human Rights
The United Nations General Assembly has unanimously approved the extension of Volker Türk's mandate as UN High Commissioner for Human Rights for a second term in Geneva.
RBI Outlines Macroeconomic Forex Management Roadmap and Currency Stability Provisions
The Reserve Bank of India (RBI) has published its quarterly monetary assessment outlining strategic forex reserve deployment, import cover targets, and exchange rate stabilization mechanisms.
Ministry of Commerce Issues Compliance Advisory for Exporters Under US Uyghur Forced Labor Prevention Act
The Ministry of Commerce and Industry has issued a trade compliance advisory for Indian exporters following heightened enforcement under the US Uyghur Forced Labor Prevention Act (UFLPA).
Government Approves Phase II Strategic Petroleum Reserves via ₹14,527 Crore Commercial PPP Model
The Union Cabinet has approved Phase II of the Strategic Petroleum Reserves (SPR) program, sanctioning ₹14,527 crore to build commercial underground crude storage facilities at Chandikhol and Padur.
President Appoints Pralhad Joshi as Union Minister of Education Following Cabinet Realignment
Following the resignation of Dharmendra Pradhan, President Droupadi Murmu has appointed Pralhad Joshi as the new Union Minister of Education to oversee national competitive examination reforms.
Cabinet Approves Expansion of National Mission on Edible Oils to Boost Domestic Production in North-East
The Union Cabinet has sanctioned an expanded financial package under the National Mission on Edible Oils - Oil Palm (NMEO-OP) to expand oil palm cultivation across North-Eastern states.
Ministry of Environment Notifies Eco-Sensitive Zones Around Nine Western Ghats Sanctuaries
The Ministry of Environment, Forest and Climate Change has published final notifications designating Eco-Sensitive Zones (ESZs) around nine wildlife sanctuaries across the Western Ghats region.
ISRO Unveils Operational Roadmap and Maiden Test Schedule for Next-Generation Launch Vehicle Soorya
The Indian Space Research Organisation (ISRO) has released the operational roadmap for the Next-Generation Launch Vehicle (NGLV) named Soorya, targeting its maiden orbital test flight.
SEBI Introduces Mandatory ESG Assurance and BRSR Framework for Top 1,000 Listed Companies
The Securities and Exchange Board of India (SEBI) has notified mandatory Business Responsibility and Sustainability Reporting (BRSR Core) assurance for top 1,000 listed entities from FY 2026-27.
India’s Foreign Exchange Reserves Rise to $676.2 Billion Led by Foreign Currency Assets Expansion
India's foreign exchange reserves increased by $2.4 billion to reach a high of $676.2 billion for the week ended July 17, 2026, driven by foreign currency asset gains and RBI market operations.
India and Israel Conclude Second Round of Comprehensive Free Trade Agreement Talks
India and Israel concluded the 2nd round of Free Trade Agreement (FTA) negotiations in New Delhi on July 24, 2026, making progress in tariff reductions, high-tech trade, and cybersecurity services.
Bangladesh President Mohammed Shahabuddin Resigns Citing Severe Health Complications
President of Bangladesh Mohammed Shahabuddin has tendered his resignation on July 24, 2026, citing acute health complications, triggering constitutional succession protocols in Dhaka.
Union Education Minister Dharmendra Pradhan Resigns Citing Moral Responsibility for National Exam Reforms
Union Minister of Education Dharmendra Pradhan has tendered his resignation on July 25, 2026, taking moral responsibility for ongoing structural overhauls in national entrance examinations and public recruitment bodies.
Ministry of Commerce Launches Trade Connect e-Marketplace to Boost MSME Exporters
The Directorate General of Foreign Trade (DGFT) has launched the Trade Connect e-Marketplace portal to connect over 500,000 Indian MSMEs directly with global buyers and trade promotion councils.
Supreme Court Mandates Gram Sabha Consent for Mining Leases in Fifth Schedule Areas
The Supreme Court of India ruled on July 24, 2026, that prior informed consent of the Gram Sabha is mandatory for granting or renewing mineral mining leases in Fifth Schedule tribal areas.
India Hosts 4th BIMSTEC Agriculture Ministers Meeting to Promote Digital Farming Technologies
India hosted the 4th BIMSTEC Agriculture Ministers Meeting in New Delhi on July 24, 2026, agreeing on a multi-year regional Action Plan for agricultural cooperation and digital technology adoption.
Union Cabinet Approves Phase-II Operational Framework for National Quantum Mission
The Union Cabinet has approved the Phase-II operational roadmap of the National Quantum Mission (NQM), sanctioning ₹6,003 crore for setting up four Thematic Hubs (T-Hubs) in quantum computing and communications.
GTRE and Azad Engineering Develop India's First Indigenous 350 kg Expendable Turbojet Engine
DRDO's Gas Turbine Research Establishment and Azad Engineering have successfully developed India's first 350 kg thrust class expendable turbojet engine for cruise missiles and UAVs.
Government of India Announces ₹20,000 Crore Buyback of Dated Securities via RBI
The Central Government will buy back four dated securities worth ₹20,000 crore on July 28, 2026, utilizing surplus cash balances to manage debt maturity profiles through RBI e-Kuber.
Delhi High Court Designates Special Fast-Track Courts for Exam Paper Leak Offenses
The High Court of Delhi has ordered the establishment of designated fast-track courts to try offenses under the Public Examinations (Prevention of Unfair Means) Act, 2024.
RBI Invites Stakeholder Comments on Proposed Foreign Investment Rules 2026
The Reserve Bank of India has published draft Foreign Exchange Management (Foreign Investment) Rules, 2026, aiming to streamline FDI norms, replace 2019 NDI rules, and simplify reporting.
India and Spain Advance Interoperability Project Between UPI and Bizum Payment Systems
NPCI International Payments Limited (NIPL) and Spain's payment network Bizum are developing direct cross-border payment interoperability between India's UPI and Spain's Bizum platform.
Directorate General of Maritime Administration Advises Indian Seafarers to Avoid Transit via Strait of Hormuz
The Directorate General of Shipping has issued a security advisory directing ship-owners and recruitment agencies to refrain from deploying Indian seafarers on merchant vessels transiting the Strait of Hormuz.
President Murmu Visits Moldova in Landmark Diplomatic Event Focusing on Digital Infrastructure and UNSC Reforms
President Droupadi Murmu paid a historic state visit to Moldova on July 21, 2026, marking the first visit by an Indian head of state to Chișinău to expand $50 million bilateral trade, digital public infrastructure, and UNSC reform cooperation.
Supreme Court Restores Kerala Waqf Board Autonomy, Restricting State Executive Supervision
The Supreme Court of India ruled on July 21, 2026, to restrain executive interference in the Kerala State Waqf Board, ruling that state administration cannot bypass statutory autonomous bodies.
India Commissions First and Deepest Geothermal Energy Wells in Puga Valley, Ladakh
Oil and Natural Gas Corporation (ONGC) has successfully drilled and commissioned India's first and deepest geothermal energy wells in Puga Valley, Ladakh, at an altitude of 14,000 feet.
NITI Aayog Unveils Strategy Roadmap for Building India as a Leading Bioeconomy Powerhouse
NITI Aayog has launched the strategic blueprint for building India into a global bioeconomy leader, targeting a $300 billion bioeconomy valuation through biomanufacturing and synthetic biology.
India Approves Dengue Vaccine QDENGA Without Pre-Vaccination Screening Requirement
The Central Drugs Standard Control Organisation (CDSCO) has approved Takeda's live-attenuated dengue vaccine QDENGA for individuals aged 4 to 60 without requiring prior serological testing.
RBI Proposes Draft Rules to Overhaul Foreign Investment and FEMA Regulations
The Reserve Bank of India has released the draft Foreign Exchange Management (Foreign Investment) Rules, 2026, to replace the 2019 NDI framework and streamline FDI compliance.
RBI Sets July 22, 2026, Sovereign Gold Bond Redemption Price at ₹14,218
The Reserve Bank of India has fixed the premature redemption price for the SGB 2018-19 Series V tranche at ₹14,218 per unit, based on average gold closing prices compiled by IBJA.
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