07 July 2026 | English | FREE Current Affairs PDF

07 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. 07 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

🏛️ PIB News — India-Japan Summit Yields 16 Agreements

● The sixteenth India-Japan Annual Summit was held following the visit of the Prime Minister of Japan to India, resulting in sixteen agreements and joint statements to strengthen bilateral cooperation across multiple sectors including artificial intelligence, energy resilience, and economic security.

Simplified News: This was the 16th India-Japan Annual Summit, where the two countries signed several agreements. They will celebrate 2027, the 75th anniversary of diplomatic ties, as the “India-Japan Year of Shared Horizons.” A new biogas initiative aims to set up 1,000 plants in India, and a mobility partnership first announced in 2025 was formally rolled out.

🏛️ PIB News — India-Japan AI Partnership Statement

● The Prime Minister of India and the Prime Minister of Japan issued a comprehensive joint statement to elevate bilateral cooperation in artificial intelligence by establishing a strategic research and development partnership.

Simplified News: India and Japan held their first AI Strategic Dialogue in April 2026 and agreed to send 500 skilled Indian AI professionals to Japan by 2030. These targets were set earlier at a January 2026 Foreign Ministers’ meeting. Japan’s Prime Minister also announced that Japan will host the next global AI Summit.

🏛️ PIB News — Coal Imports Fall 13% in April 2026

● India’s total coal imports decreased by approximately 12.95% to 21.13 Million Tonnes (MT) in April 2026 compared to April 2025 due to a steady progress towards import substitution and enhanced domestic supplies.

Simplified News: India’s coal imports fell about 13% to 21.13 million tonnes in April 2026 compared to a year earlier. Imports now make up just 19.68% of total coal consumption, down from before. Power plants cut import reliance sharply, with plants that run only on imported coal seeing the steepest drop of 27.45%.

🏛️ PIB News — Better Quality Rice for PMGKAY Beneficiaries

● The Government of India has approved a revised policy to supply improved quality rice with significantly reduced broken grain content to over eighty crore beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana and other welfare schemes.

Simplified News: The government has improved rice quality standards for over 80 crore ration beneficiaries by cutting the allowed broken-grain percentage — the first such change in nearly 30 years. The improved-quality rice will be rolled out to all states by the 2027–28 Kharif season. Bags will also carry QR codes so the supply chain can be tracked end-to-end.

🏛️ PIB News — BHASHINI Shines at e-Governance Conference

● The Digital India BHASHINI Division (DIBD) showcased its artificial intelligence-driven multilingual innovations at the National Conference on e-Governance (NCeG) 2026 and announced the launch of the Rajasthan Language Model Training Hackathon to further digital inclusion.

Simplified News: BHASHINI, India’s language-AI platform, showcased its tools at the National Conference on e-Governance 2026 and announced a Rajasthan hackathon for language models. It handles over 20 million AI translations daily and has crossed 8 billion cumulative uses, supporting 36 Indian text languages, 23 Indian voice languages, and 35 foreign languages across 800+ government websites.

🏛️ PIB News — ACME Signs Green Ammonia & Methanol Deals with Japan

● Under the National Green Hydrogen Mission, ACME Cleantech Solutions Private Limited secured landmark export-oriented green ammonia and green methanol offtake agreements with leading Japanese corporations during a ceremony held in New Delhi.

Simplified News: Indian company ACME signed major deals to export green ammonia and green methanol to Japan under the National Green Hydrogen Mission, launched in 2023 with a Rs. 19,744 crore budget. It will supply 405,000 tonnes/year of green ammonia to IHI Corporation and 100,000 tonnes/year of green methanol to Mitsubishi Gas Chemical over 10 years, produced at its Paradip facility.

🏛️ PIB News — Railways Post Strong Freight & Passenger Growth in June

● Indian Railways registered substantial growth in both freight and passenger sectors during June 2026 compared to June 2025 by handling 142 million tonnes of freight and serving over 63 crore passengers.

Simplified News: Indian Railways carried 142 million tonnes of freight and served 63.81 crore passengers in June 2026, both up from the previous year. The Vande Bharat fleet has grown to 164 services and the Amrit Bharat fleet to 72 services, including new routes.

🏛️ PIB News — Viksit Bharat G-Ram G Yojana Launched in Andhra Pradesh

● Union Minister Shri Shivraj Singh Chouhan launched the nationwide Viksit Bharat G-Ram G Yojana from Andhra Pradesh to provide a legal guarantee of one hundred and twenty-five days of rural employment.

Simplified News: The new Viksit Bharat G-Ram G Yojana, launched in Andhra Pradesh, replaces MGNREGA and guarantees rural workers 125 days of paid employment a year. The government has set aside Rs. 1.51 lakh crore for the first year and Rs. 7.5 lakh crore over five years. If work isn’t provided within 15 days of a request, the worker is entitled to an unemployment allowance.

🏛️ PIB News — Nominations Open for PM Rashtriya Bal Puraskar 2026

● The Ministry of Women and Child Development has extended an open call for online nominations for the Pradhan Mantri Rashtriya Bal Puraskar Awards 2026 until the deadline of 31 July 2026.

Simplified News: The Ministry of Women and Child Development is accepting nominations for the Pradhan Mantri Rashtriya Bal Puraskar 2026 until 31 July 2026. Children aged 5 to 18 who have excelled in fields like sports, science, or bravery are eligible. Applications, including a write-up of up to 1000 words, must be submitted online at awards.gov.in.

🏛️ PIB News — NITI Aayog’s Roadmap to Make Ayurveda Global

● National Institution for Transforming India Aayog released a comprehensive report titled Strategic Roadmap for Making Ayurveda Global on 2 July 2026 to outline a phased strategy extending up to 2047 for traditional medicine.

Simplified News: NITI Aayog released a report charting a path to make Ayurveda a globally recognized system of medicine by 2047, in line with the Viksit Bharat vision. The report, prepared with PwC, is built around three pillars — Availability, Acceptability, and Propagation — covering education, regulation, insurance, and medical tourism.

🏛️ PIB News — MANAS Helpline’s Progress Against Drug Abuse

● The Government of India highlighted the operational progress of the National Narcotics Helpline Madak Padarth Nishedh Asoochna Kendra platform which provides a secure mechanism for citizens to report drug trafficking and seek rehabilitation counselling.

Simplified News: MANAS is India’s national anti-drug helpline, letting citizens anonymously report drug trafficking by calling 1933 or using its web/app. Those needing de-addiction help are transferred to a separate counselling line (14446). It links to 30 Narcotics Control Bureau zonal units and 36 state anti-narcotics task forces.

📊 Industry News — Services PMI Slips to 17-Month Low

● The HSBC India Services Purchasing Managers Index declined to fifty-seven point four in June from fifty-nine point eight in May, indicating the weakest rate of services sector expansion in seventeen months as domestic demand softened.

Simplified News: India’s services sector grew at its slowest pace in 17 months in June 2026, with the PMI easing to 57.4 from 59.8. New business growth, though still expanding for nearly three years running, slowed to its weakest rate in over two and a half years, and business confidence for the year ahead dipped to a five-month low.

📊 Industry News — Rs 20,000 Crore EV Push for Private Buses

● The Central Government is developing a new de-risking incentive framework worth up to Rs. 20,000 crore to accelerate the adoption of electric buses among private transport operators across India.

Simplified News: The government is planning a Rs. 20,000 crore incentive scheme to help private operators — who run about 87% of India’s buses — switch to electric buses. The plan aims to roll out 50,000 electric buses over five years through measures like interest subsidies and credit guarantees.

📊 Industry News — Goyal Sets $1 Trillion Export Target for FY27

● Union Minister of Commerce and Industry Shri Piyush Goyal announced a target of one trillion dollars in aggregate exports for the fiscal year 2026-27 following a strong fifteen per cent growth in merchandise exports during the first quarter.

Simplified News: Commerce Minister Piyush Goyal set a target of $1 trillion in total exports for 2026-27, aiming for $530 billion from merchandise goods. The India-UK Free Trade Agreement takes effect on 15 July, and the government will deploy 1,000 trained export facilitators to help small businesses meet international standards.

💰 Financial News — RBI Opposes Legalising Crypto Before Parliament Panel

● The Reserve Bank of India informed the Parliamentary Standing Committee on Finance that virtual digital assets, including cryptocurrencies, pose a severe threat to emerging economies and must remain prohibited.

Simplified News: RBI told a parliamentary panel, headed by Bhartruhari Mahtab, that cryptocurrencies should stay banned as they pose risks like funding crime. It noted its own digital rupee has only about 10 million users (0.42% of the population), while UPI handles over 300 million transactions a day.

💰 Financial News — SEBI Revises Rules on Unpaid Client Securities

● The Securities and Exchange Board of India modified its regulatory framework on how stockbrokers handle unpaid client securities by mandating direct demat account transfers followed by an automated pledge mechanism.

Simplified News: SEBI has changed how brokers handle clients’ unpaid securities — these will now go straight to the client’s demat account and get auto-pledged to a broker account called CUSPA. Clients get five trading days to pay up, after which the pledge is either invoked for sale or automatically released on the sixth day if unused.

💰 Financial News — IndusInd Bank’s Loan Book Grows After 4 Quarters

● Private sector lender IndusInd Bank reported a three point three per cent sequential growth in its net advances for the quarter ended June 30, registering its first loan book expansion after four consecutive quarters of contraction.

Simplified News: IndusInd Bank’s loan book grew 3.3% to Rs. 3.26 trillion in the June quarter, its first growth after four straight quarters of decline. The earlier slump followed accounting problems found in its microfinance and derivatives businesses, which the bank has since worked to fix.

🇮🇳 National & State News — MeitY Summons Meta Over Instagram CSAM Ads

● The Ministry of Electronics and Information Technology has directed Meta to disable advertisements promoting child sexual abuse material on Instagram and issued a formal summons to the social media company to explain the moderation lapse.

Simplified News: India’s IT ministry has ordered Meta to remove Instagram ads linked to child sexual abuse material, after a BBC investigation found such content being sold for as little as Rs. 99. Meta has been given seven days to explain the moderation failure, and Telegram has separately been given 15 days to report on anti-piracy measures.

🇮🇳 National & State News — ECI Announces Bye-Poll Schedule for 3 Seats

● The Election Commission of India announced the official schedule for bye-elections across three Legislative Assembly constituencies in Bihar, Madhya Pradesh, and Gujarat, with voting scheduled for 30 July 2026.

Simplified News: The Election Commission has announced bye-elections for three assembly seats — in Bihar, Madhya Pradesh, and Gujarat — with voting on 30 July 2026 and results on 3 August 2026. The seats fell vacant due to a resignation, a disqualification, and the death of a sitting MLA.

🇮🇳 National & State News — CAPF Teams Honoured for Everest, Lhotse Feats

● Union Minister of State for Home Affairs Nityanand Rai attended a flag-in ceremony in New Delhi to honor the historic, successful return of mountaineering teams from the BSF, ITBP, and NSG who conquered Mount Everest and Mount Lhotse.

Simplified News: Union Minister Nityanand Rai honoured mountaineering teams from the BSF, ITBP, and NSG for successfully climbing Mount Everest, with the BSF’s all-women team also summiting Mount Lhotse. It was the first all-women Everest expedition for both BSF and ITBP, and NSG’s first-ever Everest climb.

🛡️ Defence News — DAC Clears Rs 52,000 Crore Weapons Procurement

● The Defence Acquisition Council cleared capital acquisition proposals worth approximately Rs. 52,000 crore to procure advanced Akash-Tarang air defence systems, Medium-Range Surface-to-Air Missile systems, and related military hardware for the Armed Forces.

Simplified News: The Defence Acquisition Council, chaired by Rajnath Singh, cleared weapons purchases worth about Rs. 52,000 crore. These include the upgraded Akash-Tarang air defence system and additional Medium-Range Surface-to-Air Missile (MRSAM) units to strengthen India’s air defence.

📝 Appointments and Resignation — Prof. Waghmare Named New DST Secretary

● The Appointments Committee of the Cabinet has appointed veteran physicist and material science expert Professor Umesh V. Waghmare as the new Secretary of the Department of Science and Technology (DST).

Simplified News: Professor Umesh V. Waghmare, a material science and applied physics expert, has been appointed the new Secretary of the Department of Science and Technology. He was previously President at JNCASR, Bengaluru. He succeeds Professor Abhay Karandikar, who moved to NITI Aayog.

🏆 Sports News — Ireland’s Historic T20I Series Win Over India

● Cricket Ireland President Bryan O’Donnell stated that the national team’s recent two-zero Twenty20 International series win against India in Belfast will elevate the global perception of Irish cricket and create higher-value match opportunities.

Simplified News: Ireland beat India 2-0 in a historic T20I series in Belfast, their first-ever bilateral series win over India in any format. Cricket Ireland’s new head coach is Gary Wilson, and despite the T20 win, Ireland has played only 13 Test matches since 2018 and is exploring reviving a domestic red-ball tournament.

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