03 July 2026 | English | FREE Current Affairs PDF

03 July 2026 Current Affairs PDF | English is now available for download. This daily current affairs English PDF is specially prepared for Banking, SSC, and TNPSC examinations, covering all exam-relevant national, international, economy, and banking updates in a clear and structured format. 03 July 2026 Current Affairs PDF includes important one-liners, key highlights, and concise explanations aligned with the latest exam patterns for both Prelims and Mains preparation.

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News In One Liner

● The Prime Minister of India, Narendra Modi, paid a respectful tribute to the brave tribal warriors who fought against the injustice of foreign rule on the occasion of Hul Divas on 30 June 2026.

● The Union Minister of Commerce and Industry, Piyush Goyal, witnessed the live launch of Unified Payments Interface (UPI) services in Greece during an official delegation visit to Athens on 30 June 2026.

● General Dhiraj Seth took over as the 31st Chief of the Army Staff (COAS) of India from General Upendra Dwivedi, who superannuated after more than four decades of distinguished service on 30 June 2026.

● The Government of India has extended the last date for filing legal appeals before the Goods and Services Tax Appellate Tribunal (GSTAT) to 31 July 2026.

● The Board of Directors of Power Finance Corporation Limited and REC Limited formally approved a comprehensive corporate Scheme of Merger to integrate both state-run financial entities on 30 June 2026.

● The Union Minister for Rural Development and Agriculture and Farmers’ Welfare, Shivraj Singh Chouhan, announced that the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 will come into force across India on 1 July 2026.

● The University Grants Commission (UGC) has strictly mandated all Higher Education Institutions (HEIs) to upload their student academic credit data onto the Academic Bank of Credits (ABC) portal latest by 30 June 2026.

● The Reserve Bank of India released the June 2026 edition of the Financial Stability Report, which presents a collective assessment showing that the Indian financial system remains resilient despite elevated global financial stability risks.

● The Securities and Exchange Board of India constituted an Expert Working Group under the chairmanship of Ananta Barua to comprehensively review and modernize the regulatory framework governing Debenture Trusteeship activities on 30 June 2026.

● Kotak Mahindra Bank signed a definitive agreement to acquire Germany-based Deutsche Bank’s retail banking, affluent private banking, and wealth management businesses in India via a slump sale for an undisclosed cash consideration.

● The Central Government of India has reduced the windfall tax on the export of diesel and Aviation Turbine Fuel while raising the export duty on petrol with effect from 1 July 2026.

● The Ministry of Commerce and Industry has formulated a comprehensive blueprint to modernise the Special Economic Zones regulatory framework in order to spur global investments and optimize land utilization.

● The National Institution for Transforming India Aayog has recommended the introduction of a ninety-day multiple-entry visa on arrival alongside the abolition of interstate tourist entry taxes to enhance global competitiveness.

● The Ministry of Finance reported that net remittances from the West Asia region to India registered a seventy percent increase to reach sixteen billion dollars in April 2026 despite ongoing geopolitical conflict.

● Indian Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi are set to sign a landmark Liquefied Natural Gas (LNG) supply and stockpiling pact during her three-day visit to New Delhi, aimed at safeguarding both nations against severe energy supply chain disruptions.

● Prime Minister Narendra Modi held a telephone conversation with Iranian President Masoud Pezeshkian to welcome the recent US-Iran understanding (which includes a 60-day ceasefire) while strictly emphasizing the absolute necessity of maintaining “freedom of navigation” through the vital Strait of Hormuz chokepoint.

● The National Statistics Office reported that the overall unemployment rate in India dropped to an eight-year low of 3.1 percent in 2025, although state-level granular metrics reveal a contrasting rise in urban female joblessness across multiple territories.

● Following a significant 40% monsoon deficit in June—which marked it as the fifth driest June since 1901—the India Meteorological Department (IMD) has forecast that July rainfall will also remain below normal, coming in at less than 94% of the Long Period Average (LPA).

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