🇮🇳 National News
On 1 July 2026, the Digital India programme — a flagship initiative of the Government of India (GoI) aimed at transforming India into a digitally empowered society and knowledge economy — completed 11 years since its launch by Prime Minister Narendra Modi on 1 July 2015. The programme has now expanded its focus to Artificial Intelligence (AI) and semiconductor manufacturing. It is implemented by the Ministry of Electronics and Information Technology (MeitY).
| Digital India — Key Vision (Three Pillars) |
|---|
| 1. Provide every citizen with accessible, reliable, and secure digital infrastructure |
| 2. Ensure seamless, integrated, on-demand delivery of government services |
| 3. Promote digital literacy and universal access to digital resources |
- Internet growth: Internet connections have grown approximately four times from earlier levels since the programme’s launch.
- Mobile data cost: Fell from Rs 269 per GB to Rs 8–10 per GB, making digital access among the most affordable in the world.
- Ministry: Ministry of Electronics and Information Technology (MeitY)
In a related development, in June 2026, the Ministry of Tourism (MoT) signed a Memorandum of Understanding (MoU) with Google India in New Delhi to strengthen digital promotion of India’s tourism destinations using AI, data-driven insights, and global digital platforms.
- Objective: Leverage analytics, AI-based engagement tools, campaign optimisation, and Google’s digital ecosystem to position India as a global tourism hub showcasing its culture, nature, spirituality, wellness, and adventure offerings.
- Features: Digital tourism promotion, knowledge sharing, capacity building, AI-based engagement tools, and campaign optimisation.
- Nature of Agreement: Non-commercial, non-binding, and non-exclusive; focuses on collaborative knowledge and technology sharing.
- Initiative: Incredible India
Digital India launched: 1 July 2015 by PM Narendra Modi; completed 11 years on 1 July 2026; ministry: MeitY; new focus: AI & semiconductor manufacturing. Mobile data cost reduced from Rs 269/GB → Rs 8–10/GB. MoT–Google India MoU (June 2026): digital tourism promotion under Incredible India; non-commercial, non-binding, non-exclusive agreement.
In July 2026, Biswanath Sinha, a 1992-batch IAS officer of the Kerala cadre, assumed charge as the Chief Secretary (CS) of Kerala. His tenure will extend until September 2028.
- Predecessor: He succeeded Dr A. Jayathilak, a 1991-batch IAS officer, who retired from service on 30 June 2026.
- Experience: Over three decades of administrative experience covering internal security, police administration, vigilance, and disaster management.
- Previous role: Served as Additional Chief Secretary (ACS), Home and Vigilance Department.
- Key past roles: District Collector of Kottayam, Wayanad, and Kozhikode; CEO of Rebuild Kerala Initiative; Joint Secretary in MoEFCC, Government of India.
Biswanath Sinha — new Chief Secretary of Kerala (July 2026); 1992-batch IAS, Kerala cadre; tenure until September 2028. Succeeded Dr A. Jayathilak (1991-batch IAS, retired 30 June 2026). Previously served as ACS, Home & Vigilance, Kerala.
In June 2026, the Government of Tamil Nadu (TN) appointed former ISRO scientist Mylswamy Annadurai as Chairman of the Curriculum Design Committee (CDC) for School Education, for a 3-year tenure, to lead curriculum modernisation for 1.3 crore students across the state.
- Objective: Modernise the school curriculum by strengthening science, technology, AI, and critical thinking skills while bridging gaps between teaching and learning systems.
- Known as: ‘Moon Man of India’
- Contributions: Contributed to 60+ satellites; led Chandrayaan-1; played key roles in Chandrayaan-2 and Mangalyaan (Mars Orbiter Mission, 2014).
- Current role: Vice President (VP) of Tamil Nadu State Council for Science and Technology (TANSCST).
- Award: Received Padma Shri in 2016.
Mylswamy Annadurai — ‘Moon Man of India’; appointed Chairman, CDC for School Education, Tamil Nadu (June 2026); 3-year tenure; covers 1.3 crore students. Led Chandrayaan-1; key roles in Chandrayaan-2 & Mangalyaan (2014). Currently VP, TANSCST. Awarded Padma Shri (2016).
In July 2026, Himachal Pradesh (HP) secured eight new Geographical Indication (GI) registrations, taking the total number of GI-tagged products in the state from 9 to 17. The registrations were facilitated by the Himachal Pradesh Council for Science, Technology and Environment (HIMCOSTE). Chief Minister Sukhvinder Singh Sukhu welcomed the achievement.
| Newly Registered GI Product | Region / Note |
|---|---|
| Seabuckthorn (Chharma) | Spiti — nutrient-rich medicinal berry |
| Salooni Safed Makka (White Maize) | Chamba |
| Chamba Metal Art | Traditional handcrafted metal craft |
| Sirmauri Loiya | Traditional handwoven woollen gown from Sirmaur |
| Kinnauri Tops | Kinnaur |
| Kinnauri Apple | Kinnaur |
| Kinnauri Jewellery | Kinnaur |
| Sepuvadi of Mandi | Mandi |
- About GI Tag: A Geographical Indication (GI) is an Intellectual Property Right (IPR) under the TRIPS Agreement (Article 22).
- Legislation: Registered under GI of Goods (Registration & Protection) Act, 1999.
- Administered by: Controller General of Patents, Designs & Trade Marks (CGPDTM).
Himachal Pradesh now has 17 GI-tagged products (8 new added, July 2026). Facilitated by HIMCOSTE. CM: Sukhvinder Singh Sukhu. Key new tags: Seabuckthorn/Chharma (Spiti), Chamba Metal Art, Sirmauri Loiya, Kinnauri Apple. GI governed by TRIPS Agreement (Article 22) & GI of Goods Act, 1999; administered by CGPDTM.
💼 Business & Economy
In July 2026, Bank of Baroda (BoB) — one of India’s leading Public Sector Banks (PSB) — entered into a strategic partnership with Mizuho Bank, the banking arm of Japan’s Mizuho Financial Group, to enhance collaboration across Mergers and Acquisitions (M&A) financing and related services.
- Combination: Mizuho’s global network, cross-border capabilities, and expertise in structured finance combined with BoB’s strong domestic presence and deep corporate relationships in India.
- Areas of Collaboration: Joint origination, structuring, co-underwriting, and syndication of acquisition finance; M&A advisory; risk distribution; foreign exchange and interest rate hedging; escrow services.
- About Bank of Baroda: HQ: Vadodara, Gujarat | Founded: 1908 | Status: Navratna PSU bank
Bank of Baroda (BoB) — HQ: Vadodara, Gujarat; founded 1908; Navratna PSU. Partnership with Mizuho Bank (banking arm of Mizuho Financial Group, Japan) for M&A financing (July 2026). Key areas: joint origination, co-underwriting, syndication, M&A advisory, forex & rate hedging, escrow services.
In July 2026, the National Payments Corporation of India (NPCI) collaborated with HSBC India and JP Morgan Payments to enable real-time Foreign Exchange (FX) settlement for cross-border Unified Payments Interface (UPI) transactions.
| UPI Global Presence — 9 Countries |
|---|
| Singapore, UAE, Nepal, Bhutan, Mauritius, France, Sri Lanka, Qatar, Cambodia |
- HSBC India role: Will act as banking partner, facilitating real-time FX rates via direct API integration.
- JP Morgan role: Will support real-time FX conversion and settlement across multiple currencies.
- UPI Growth: Transaction volumes nearly doubled to 1.48 million in FY26 from 0.75 million in FY25; value reached Rs 330.43 crore (FY26) from Rs 258.53 crore (FY25).
- About NPCI: Founded: 2008 | HQ: Mumbai | Under RBI and Indian Banks’ Association (IBA)
NPCI (Founded 2008, HQ: Mumbai, under RBI & IBA) partnered with HSBC India (real-time FX via API) and JP Morgan Payments (multi-currency FX settlement) for cross-border UPI (July 2026). UPI active in 9 countries. FY26 UPI volume: 1.48 million (doubled from FY25’s 0.75 million).
In July 2026, the Competition Commission of India (CCI), under the Ministry of Corporate Affairs (MCA), approved two major acquisition proposals under the Competition Act, 2002.
| Approval | Details | Value |
|---|---|---|
| DWS Group (Germany) → NIAIF | Acquisition of 40% stake in Nippon Life India Alternative Investment Fund (NIAIF) | ~Rs 733 crore |
| Aditya Birla-led consortium → RCB | 100% shareholding in Royal Challengers Sports Pvt Ltd (RCSPL) — owner of RCB IPL franchise — from United Spirits Limited (USL); all-cash deal | Rs 16,660 crore (~USD 1.78 billion) |
- DWS Group: Germany-based DWS Group GmbH & Co. KGaA; acquiring 40% stake in NIAIF.
- RCB deal significance: One of the largest sports franchise acquisitions globally.
- RCB new leadership: Aryaman Vikram Birla as Chairman; Satyan Gajwani (Chairman, The Times of India Group) as Vice Chairman.
- Seller: United Spirits Limited (USL)
CCI (under MCA; Competition Act, 2002) cleared two deals (July 2026): (1) DWS Group (Germany) — 40% stake in NIAIF (~Rs 733 crore). (2) Aditya Birla-led consortium — 100% of RCSPL (RCB) from USL for Rs 16,660 crore (~USD 1.78 bn); one of largest sports franchise deals globally. RCB Chairman: Aryaman Vikram Birla; Vice Chairman: Satyan Gajwani (ToI Group).
In July 2026, Kotak Mahindra Bank Limited (KMBL) announced the acquisition of Deutsche Bank’s India retail, private banking, and wealth management business for Rs 281.7 crore.
| Acquired Business Portfolio | Size |
|---|---|
| Loans | ~Rs 29,000 crore |
| Deposits | ~Rs 16,000 crore |
| Assets Under Management (AUM) | ~Rs 10,500 crore |
| Customers | ~1.5 lakh |
| Employees | ~1,000 |
- Deal timeline: Expected to be completed by September 2027, subject to regulatory approvals including CCI.
- Strategic goal: Strengthens Kotak’s presence in affluent, private-banking, and SME segments.
- About Deutsche Bank India: Operating in India for over 45 years; services in corporate, investment, retail, private banking, and wealth management.
Kotak Mahindra Bank (KMBL) acquiring Deutsche Bank’s India retail & wealth business for Rs 281.7 crore (July 2026). Portfolio: ~Rs 29,000 cr loans, ~Rs 16,000 cr deposits, ~Rs 10,500 cr AUM, ~1.5 lakh customers. Completion expected: September 2027 (subject to CCI). Deutsche Bank India in India for 45+ years.
In July 2026, Bharat Petroleum Corporation Limited (BPCL) — a Maharatna PSU under the Ministry of Petroleum and Natural Gas (MoPNG) — signed a share purchase agreement for the acquisition of a 40% equity stake in Tiki Tar and Shell India Private Limited (TTSIPL) for Rs 85 crore.
- Regulatory approval: Approved by Department of Investment and Public Asset Management (DIPAM), Ministry of Finance; to be completed within 90 days.
- About TTSIPL: Incorporated in October 2019; manufactures a wide range of bitumen-based products (modified bitumen, emulsions) used in road construction and maintenance.
- Strategic goal: Strengthen BPCL’s presence in the bitumen and road infrastructure materials segment.
- About BPCL: Status: Maharatna PSU | Ministry: MoPNG
BPCL (Maharatna PSU, under MoPNG) acquiring 40% stake in TTSIPL for Rs 85 crore (July 2026). TTSIPL incorporated: October 2019; makes bitumen-based products for road construction. Approved by DIPAM, MoF; to be completed in 90 days.
🌐 International News
Prime Minister Narendra Modi undertook a 3-day official visit to Seychelles from 27–29 June 2026, at the invitation of Dr. Patrick Herminie, President of Seychelles. The visit coincided with the Golden Jubilee (50th anniversary) of Seychelles’ National Day (independence), at which PM Modi served as Guest of Honour in Victoria, Mahe.
| Key Outcome | Detail |
|---|---|
| MoUs signed | 9 — covering education, healthcare, digital payments, agriculture, maritime cooperation, space, and infrastructure |
| Line of Credit (LoC) | Rs 1,250 crore umbrella LoC for Seychelles’ development projects |
| Defence asset handover | Fast Patrol Vessel (FPV PS) LESPWAR handed over to Seychelles |
| Other grants | 6 ambulances, 10 utility vehicles, 5 Laser Radical Boats |
| Honour conferred on PM Modi | ‘Guardian of the Blue Horizon’ — Seychelles’ highest distinction for leadership in environmental conservation and sustainable development |
| Diplomatic milestone | Joint commemorative logo released marking 50 years of India–Seychelles diplomatic relations |
- Bilateral meeting: PM Modi met President Dr. Patrick Herminie at the State House, Victoria, Mahe; discussions on health, education, capacity building, digital transformation, Renewable Energy (RE), and maritime security.
- Honour: PM Modi awarded the ‘Guardian of the Blue Horizon’ title — Seychelles’ highest distinction — for leadership in environmental conservation and sustainable development.
- Defence: Handover of Fast Patrol Vessel (FPV PS) LESPWAR to the Seychelles Coast Guard, strengthening maritime cooperation in the Indian Ocean Region (IOR).
Seychelles is a key maritime partner for India in the Indian Ocean Region (IOR). India’s outreach — through defence hardware, LoC funding, and diplomatic engagements — reflects the SAGAR (Security and Growth for All in the Region) doctrine and India’s strategy of deepening ties with small island developing states.
PM Modi visited Seychelles: 27–29 June 2026; Guest of Honour at Golden Jubilee (50 years) of Seychelles’ independence. Met President Dr. Patrick Herminie at State House, Victoria, Mahe. 9 MoUs signed. Rs 1,250 crore LoC. Handed over FPV PS LESPWAR. PM Modi honoured with ‘Guardian of the Blue Horizon’ — Seychelles’ highest distinction. Joint commemorative logo: 50 years of India–Seychelles diplomatic relations.
👔 Appointments
In July 2026, HDFC Bank Limited appointed Rajiv Kumar, former Chief Election Commissioner (CEC) of India, as its Part-time Chairman for a period of 3 years, effective from the date approved by the Reserve Bank of India (RBI).
- Predecessor: He will take over from Keki Mistry, who was serving as interim chairman after Atanu Chakraborty voluntarily stepped down in March 2026 citing ethical concerns.
- Additional Charge: Also appointed as Additional Independent Director of HDFC Bank for four years, effective from 30 June 2026.
- About Rajiv Kumar: Served as 24th Chief Election Commissioner of India; oversaw multiple General and State Assembly elections.
- About HDFC Bank: HQ: Mumbai | Established: 1994 | India’s largest private sector bank by assets
Rajiv Kumar (former 24th CEC of India) appointed Part-time Chairman, HDFC Bank for 3 years (July 2026). Also Additional Independent Director for 4 years (from 30 June 2026). Succeeded interim chairman Keki Mistry. HDFC Bank: HQ Mumbai, est. 1994, India’s largest private sector bank by assets.
In July 2026, the Reserve Bank of India (RBI) appointed Ravi Shankar as Executive Director (ED), effective from 1 July 2026. He will oversee the Department of Statistics and Information Management (DSIM).
- Experience: A central banker and statistician with over three decades of experience at RBI; worked across banking statistics, corporate data, government securities markets, settlement systems, debt management, and economic analysis.
- Previous role: Serving as Adviser-In-Charge of DSIM, responsible for statistical data collection, compilation, and analysis covering banking/corporate statistics, surveys, and data for monetary and financial analysis.
- About RBI: Established: 1935 under RBI Act, 1934 | HQ: Mumbai | RBI has 15 Executive Directors and 1 Chief Financial Officer (CFO) | Governor: Sanjay Malhotra
Ravi Shankar appointed Executive Director, RBI from 1 July 2026; will oversee DSIM. Previously: Adviser-In-Charge, DSIM. RBI: est. 1935 under RBI Act, 1934; HQ Mumbai; Governor: Sanjay Malhotra; total 15 EDs & 1 CFO.
🔬 Science & Technology
On 30 June 2026, Union Minister Bhupender Yadav of the Ministry of Environment, Forest and Climate Change (MoEFCC) inaugurated the 4th Animal Taxonomy Summit (ATS 4.0) — held from 30 June to 2 July 2026 — marking the 111th Foundation Day of the Zoological Survey of India (ZSI) at Dhano Dhanyo Auditorium, Kolkata, West Bengal, with 709 new faunal records documented.
| Key Release / Activity | Detail |
|---|---|
| ATS 4.0 | 4th Animal Taxonomy Summit, 30 June – 2 July 2026; 709 new faunal records |
| Hackathon | 111-Hours Hackathon on Traditional Knowledge for Biodiversity; 16 regional competitions; finals in Kolkata |
| Fauna of India Checklist | Version 3.0 released |
| PaleoIndia Portal | New digital tool released |
| Animal Discoveries–2025 | Released jointly by ZSI & BSI; India’s latest faunal discoveries and biodiversity records |
| Plant Discoveries–2025 | 19th edition; 353 taxa added to India’s floral database (released by BSI) |
- About ZSI: Founded: 1 July 1916 | HQ: Kolkata, West Bengal | Under: MoEFCC
- About BSI: Botanical Survey of India (BSI) — collaborated with ZSI on the joint Animal & Plant Discoveries 2025 publications.
ZSI (est. 1 July 1916, HQ: Kolkata, under MoEFCC) celebrated 111th Foundation Day with ATS 4.0 (30 June – 2 July 2026) inaugurated by Bhupender Yadav. 709 new faunal records. Releases: Fauna of India Checklist v3.0, PaleoIndia Portal, Animal Discoveries-2025 (with BSI), Plant Discoveries-2025 (19th edition) — 353 taxa added. Hackathon: 111-Hours on Traditional Knowledge for Biodiversity.
📅 Important Days
GST Day is observed annually across India on 1 July to commemorate the rollout of the Goods and Services Tax (GST) regime — a unified indirect tax system that came into effect on 1 July 2017. To mark nine years of GST, the Central Board of Indirect Taxes and Customs (CBIC) organised a special event in New Delhi on 1 July 2026 under the theme ‘सुगम कर व्यवस्था, सशक्त भारत’.
| GST Milestone | Detail |
|---|---|
| GST launched | 1 July 2017 |
| GST Day declared | 30 June 2018 (first observed 1 July 2018) |
| 2026 edition | 9th year (GST Day 2026 = 9 years of GST) |
| GST taxpayers (2017) | 66.5 lakh |
| GST taxpayers (May 2026) | 1.65 crore |
| Gross GST collections (2017–18) | ~Rs 7.4 lakh crore |
| Gross GST collections (2021–22) | ~Rs 13.76 lakh crore |
| Gross GST collections (2025–26) | ~Rs 22.27 lakh crore |
- Ministry: Ministry of Finance
- Administered by: CBIC (Central Board of Indirect Taxes and Customs)
- Theme (2026): ‘सुगम कर व्यवस्था, सशक्त भारत’ (Simplified Tax System, Empowered India)
GST Day: 1 July (observed annually). GST launched: 1 July 2017. GST Day declared: 30 June 2018 (first observed: 1 July 2018). GST Day 2026 = 9 years of GST. Theme: ‘सुगम कर व्यवस्था, सशक्त भारत’. Taxpayers: 66.5 lakh (2017) → 1.65 crore (May 2026). Collections: Rs 22.27 lakh crore (2025–26). Administered by CBIC under Ministry of Finance.
World Sports Journalists Day is observed annually on 2 July to recognise the contributions of sports journalists in promoting sports, ensuring fair reporting, and connecting people with sporting events worldwide.
- Origin: The day commemorates the establishment of the International Association of Sports Press (AIPS) on 2 July 1924.
- First observance: 2 July 1994 — the 70th anniversary of AIPS; 2026 marks the 102nd anniversary of AIPS’ founding.
- Significance: AIPS promotes fair and ethical sports journalism globally and supports press freedom in sports coverage.
World Sports Journalists Day: 2 July (annual). Commemorates founding of AIPS (International Association of Sports Press) on 2 July 1924. First observed: 2 July 1994 (70th AIPS anniversary). 2026 = 102nd anniversary of AIPS. Purpose: recognise sports journalists; promote fair & ethical sports reporting; support press freedom.
🕊️ Obituaries
In June 2026, Lieutenant General (Retired) Madan Mohan (M.M.) Lakhera, former Governor of Mizoram and former Lieutenant Governor (Lt Gov) of Puducherry, passed away at the age of 88 in Dehradun, Uttarakhand.
| Role | Details |
|---|---|
| Born | 21 October 1937, Jakhand, United Provinces, British India (now Uttarakhand) |
| Military commission | Indian Military Academy (IMA), Dehradun, June 1958; expertise in counter-insurgency |
| Lt Gov, Puducherry | Administrator of Puducherry from 2004 |
| Lt Gov, A&N Islands | 9th Lt Gov (additional charge) |
| Governor, Mizoram | 8th Governor from 25 July 2006 to 2 September 2011 |
- Military decorations: Awarded Param Vishisht Seva Medal (PVSM), Ati Vishisht Seva Medal (AVSM), and Vishisht Seva Medal (VSM).
Lt Gen (Retd) M.M. Lakhera passed away in June 2026, aged 88, in Dehradun. Born: 21 October 1937. Commissioned from IMA Dehradun (1958). 8th Governor of Mizoram (25 July 2006 – 2 September 2011); Lt Gov of Puducherry (from 2004); 9th Lt Gov of A&N Islands (additional charge). Awards: PVSM, AVSM, VSM.
In July 2026, renowned Tamil poet, translator, screenwriter, and actor Puviyarasu passed away at the age of 96 in Coimbatore, Tamil Nadu. He was born as Jagannathan in 1930 in Lingamanayakkan Puthur, Udumalpet (Coimbatore district, TN).
| Award | Year | Work |
|---|---|---|
| Sahitya Akademi Award | 2007 | Puratchikaran |
| Sahitya Akademi Award | 2010 | Kaiyoppam |
- Birth name: Jagannathan; began publishing poetry in 1952.
- Literary movement: Founding member of the Vaanampaadi movement — promoting Tamil free verse poetry and modern literary expression.
- Authored: Over 120 books including poetry and translations.
- Notable translations: Works of Khalil Gibran, Fyodor Dostoevsky, Osho, and Rabindranath Tagore.
- Distinction: Two-time Sahitya Akademi Award winner — recognised for excellence in both poetry and translation.
Puviyarasu (born Jagannathan, 1930, Udumalpet, Coimbatore) — Tamil poet, translator, screenwriter, actor; passed away July 2026, aged 96, in Coimbatore. Founding member, Vaanampaadi movement. Authored 120+ books. Two-time Sahitya Akademi Award winner: 2007 (Puratchikaran) & 2010 (Kaiyoppam). Translated Gibran, Dostoevsky, Osho, Tagore.
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