NATIONAL UPDATES:
1. Vice President Launches High Seas Fisheries Authorisation: On 9 July 2026, the Vice President of India, C. P. Radhakrishnan, launched the national programme for the issuance of Letters of Authorisation (LoAs) for Sustainable Harnessing of Fisheries in the High Seas in Bhubaneswar, Odisha. He also launched the Odisha Deep Sea Fishing Mission Document (2026-2036), and the event was organised by the Department of Fisheries, Government of India. The Letter of Authorisation is a mandatory provision under the Guidelines for Sustainable Harnessing of Fisheries in the High Seas by Indian-Flagged Fishing Vessels, 2025. The LoA is vessel-specific, non-transferable, and linked with the ReALCraft Fishing Vessel Registration Portal for regulated operations in high seas fisheries.
2. Gujarat Unveils Data Centre Policy 2026-29: Gujarat launched its first Data Centre Policy 2026-29 on 9 July 2026 in Gandhinagar. The policy targets investment of ₹6 lakh crore and a data centre capacity of 7.5 GW. It covers hyperscale data centres, cloud infrastructure, and AI-powered digital services. The policy includes capital subsidy, interest subsidy, and a power tariff subsidy of ₹1 per unit for 20 years. It also provides 100% reimbursement of SGST and electricity duty for 20 years, stamp duty exemption, and assistance for desalination plants. Non-fiscal incentives include faster approvals, additional Floor Space Index, relaxed building regulations, open access to power, and assured electricity and water supply. These provisions apply to eligible data centre projects under the policy framework.
3. Government Waives Customs Duty on Electronics Components: On 9 July 2026, the Indian government waived basic customs duty on goods used in the manufacture of display assemblies, lithium-ion cells, and inductor coil modules. The exemption applies to inputs used in electronics manufacturing and remains valid until 31 March 2029. Basic customs duty is a tariff levied under the Customs Act, 1962, on imported goods entering India. In this case, the waiver covers goods used in display module assemblies for smartphones, laptops, wearables, smart TVs, automotive systems, medical devices, and industrial applications. The exemption also includes components used in wireless charging modules for smartphones, including NFC coils and NdFeB magnets. The waiver extends to specified machinery, equipment, and components used in electronics and lithium-ion battery manufacturing until 31 March 2029.
4. Higher education enrolment reaches 4.5 crore: India’s higher education enrolment reached 4.5 crore in the academic year 2023-24. The figure marked a rise from 3.42 crore in 2014-15, and female enrolment stood at 2.24 crore in 2023-24. The data were placed in the All India Survey on Higher Education for 2022-23 and 2023-24, released by the Union Ministry of Education on 8 July 2026. The Gender Parity Index for 2023-24 stood at 1.08. A GPI above 1.0 means female enrolment is higher than male enrolment. Female participation in higher education remained higher than male participation for seven consecutive years. The female Gross Enrolment Ratio for the 18-23 age group was 31.2, compared with the male GER of 28.9 in 2023-24.
5. India Estimates 300 GW Peak Power Demand Next Year: India’s peak electricity demand is projected to reach 300 GW in the fiscal year 2027, after touching 271 GW in May 2026. The country’s available generation capacity has risen to 284 GW, while battery energy storage system capacity has increased to 8.7 GWh in the first half of 2026. India measures peak power demand as the highest electricity load recorded on the grid during a specific period, usually a day, month, or year. The 300 GW estimate for FY2027 places the figure above the 271 GW peak recorded by May 2026. Electricity demand in India is linked to industrial activity, household consumption, commercial use, and the expansion of digital infrastructure. Data centres, artificial intelligence infrastructure, and electric vehicles are among the major sectors associated with the latest demand projection.
6. CSIR-NAL Completes Design of Saras MkII Aircraft: CSIR-National Aerospace Laboratories (CSIR-NAL) in Bengaluru completed the design phase of the Saras MkII on 8 July 2026. The Saras MkII is an indigenous 19-seater light transport aircraft developed for smaller airports and regional air connectivity in India. The Saras MkII is a twin-turboprop light transport aircraft programme under CSIR-NAL. The aircraft is designed as a 19-seater platform for short-haul civil transport and operations at smaller airfields. The aircraft includes a pressurised cabin, digital avionics, a glass cockpit, autopilot, and command-by-wire flight controls. These systems place the aircraft in the category of modern light transport aircraft with advanced cockpit and flight-control architecture.
7. Uttarakhand Becomes India’s Sixth Fully Literate State: Uttarakhand was declared India’s sixth fully literate state on 8 July 2026. The declaration was made under the National Education Policy 2020 and the ULLAS programme, which stands for Understanding Lifelong Learning for All in Society. The Union Ministry of Education uses an adult literacy benchmark of 95% or above for persons above 15 years of age. Uttarakhand met the literacy criteria set by the Department of School Education and Literacy under the Union Ministry of Education. Uttarakhand’s literacy rate stood at over 98% in 2026, with 98.7% cited for 2025. The state’s literacy rate was 83.8% in 2023-24, which marked a rise of 14.9 percentage points in two years.
INTERNATIONAL UPDATES:
1. India, Australia and Canada Launch ACITI Partnership: India, Australia and Canada launched the Australia–Canada–India Technology and Innovation Partnership, or ACITI, on 9 July 2026. The trilateral framework covers artificial intelligence, green energy technologies, critical minerals, and resilient supply chains. ACITI is a trilateral technology and innovation partnership among India, Australia and Canada. The framework was announced after a meeting of Prime Minister Narendra Modi, Australian Prime Minister Anthony Albanese, and Canadian Prime Minister Mark Carney at the G20 Summit in Johannesburg on 22 November 2025. The partnership covers critical and emerging technologies, clean energy, and secure sourcing of critical minerals. It also seeks cooperation in industrial projects linked to technology development and supply-chain resilience.
2. India, Kyrgyzstan Launch Manas–Mahabharata Studies Centre: An Indian delegation visited Kyrgyzstan from 4 July to 7 July 2026 for the inauguration of the International Centre for Civilizational Studies “Manas and Mahabharata” in Bishkek. The centre was established through cooperation between the Manas National Academy in Kyrgyzstan and the Centre for Studies of International Relations (CSIR) in New Delhi. The Manas National Academy is a Kyrgyz institution associated with the study of the national epic Manas. The Centre for Studies of International Relations is based in New Delhi and works on academic and policy-oriented international studies. The new centre has been set up as a joint platform for comparative civilisational studies.
3. India and Myanmar Hold Border Coordination Meeting: The 23rd National-Level Border Coordination Meeting between India and Myanmar was held on 7-8 July 2026 in New Delhi. The Indian delegation was led by Union Home Secretary Govind Mohan, and the Myanmar delegation was led by Major General Min Thu, Deputy Minister for Home Affairs. The India-Myanmar border is an international land boundary that runs through Arunachal Pradesh, Nagaland, Manipur, and Mizoram in India and Sagaing Region and Chin State in Myanmar. The border has a length of about 1,643 kilometres and includes the Free Movement Regime, which has been used for regulated cross-border movement by border residents. The meeting covered the security situation along the border and cooperation against terrorism, insurgency, narcotics trafficking, arms smuggling, human trafficking, wildlife trafficking, and cybercrime. Both sides agreed on intelligence sharing, operational coordination, and capacity-building measures for shared security concerns.
4. India, Australia Finalise Uranium, Defence and Investment Deals: India and Australia finalised an administrative arrangement on 9 July 2026 to operationalise the 2015 Australia-India Nuclear Cooperation Agreement. The arrangement allows Australia to export uranium to India for civilian nuclear energy programmes. The 2015 Australia-India Nuclear Cooperation Agreement provides a legal framework for uranium trade between the two countries. Uranium supplied under this arrangement is intended for peaceful uses in nuclear power generation and related civilian applications. India has set a target of 100 gigawatts of nuclear power generation capacity by 2047. Nuclear fuel supply is one component of India’s long-term energy planning, alongside solar, wind, and other low-carbon sources.
5. India’s Energy Storage Requirement May Reach 888 GWh by 2035-36: India’s energy storage requirement is projected to reach 888 GWh by 2035-36, against an installed base of about 1 GWh. The projection appears in the latest India BESS Market Review and matches the Central Electricity Authority estimate of 174 GW/888 GWh for the same period. Energy storage systems (ESS) store electricity for later use and include Battery Energy Storage Systems (BESS) and Pumped Storage Projects (PSPs). The Central Electricity Authority projects 80 GW/321 GWh from BESS and 94 GW/567 GWh from PSPs in the 2035-36 requirement. India’s installed BESS capacity rose from 0.78 GWh in December 2025 to 8.7 GWh in the first half of 2026. The installed battery energy storage capacity is expected to cross 10 GWh by the end of 2026. During the first half of 2026, 47 GWh of energy storage system tenders were floated in India. The cumulative ESS tender pipeline has reached about 260 GWh, while lithium-ion battery cell manufacturing capacity is around 2 GWh.
6. India Leads Retail and FMCG GCC Hub: India has emerged as the world’s largest hub for retail and fast-moving consumer goods Global Capability Centers, with 180 centres and more than 272,000 professionals as of 8 July 2026. The retail GCC workforce in India is 34% larger than the combined total in Poland, the Philippines, Mexico, Germany, and Egypt. Global Capability Centres, also called GCCs, are captive units set up by multinational companies to manage business functions such as technology, analytics, finance, supply chains, and customer experience. Retail and FMCG GCCs in India include centres operated by Lowe’s, Tesco, H&M, Walmart Global Tech, Target, L’OrĂ©al, and AB InBev. Bengaluru is the largest retail GCC hub in India with about 84,000 professionals. Delhi NCR has over 66,000 professionals, and Hyderabad has around 45,000 professionals as of 8 July 2026. These hubs are part of India’s wider GCC ecosystem, which also includes centres for banking, technology, engineering, and life sciences.
OTHER UPDATES:
DEFENCE
1. DRDO Tests 60-km Pinaka Long-Range Guided Rocket: The Defence Research and Development Organisation (DRDO) conducted a flight test of the Pinaka Long Range Guided Rocket (LRGR) on 8 July 2026 at the Integrated Test Range (ITR) in Chandipur, Odisha. The rocket was tested for a user-defined minimum strike range of 60 km and completed all planned in-flight manoeuvres before hitting the designated target. The Pinaka LRGR was designed by the Armament Research and Development Establishment (ARDE) in association with the High Energy Materials Research Laboratory (HEMRL). The development effort also involved the Defence Research and Development Laboratory (DRDL) and the Research Centre Imarat (RCI), which are DRDO laboratories associated with missile and propulsion technologies.
2. India and Japan Sign First-Ever Defence Co-Development Agreement for UNICORN Communication Mast: India and Japan have signed their first-ever Defence Co-Development Agreement, marking a major milestone in bilateral defence cooperation and indigenous defence manufacturing The first project under the agreement involves the joint development and licensed production of the UNICORN (Unified Complex Radio Antenna), an advanced shipborne integrated communication mast developed by Japan. Under the agreement, Bharat Electronics Limited (BEL) will manufacture the UNICORN communication mast in India in collaboration with Japanese partners, strengthening the Make in India and Aatmanirbhar Bharat initiatives in the defence sector.
SPORTS
1. Tamil Nadu’s Aswath Becomes India’s 98th Grandmaster: S. Aswath, a 17-year-old chess player from Nagercoil in Tamil Nadu, became India’s 98th Grandmaster on 8 July 2026. He earned his third and final Grandmaster norm at the Pune International GM tournament in July 2026. The Grandmaster title is awarded by the International Chess Federation, also known as FIDE. A player must secure three Grandmaster norms and cross a FIDE rating of 2500 to receive the title. Aswath finished second in the Pune International Grandmaster Round Robin Tournament with 7 points from 9 rounds. He defeated USA’s FM Kannan Vaidyanathan with the black pieces in the final round to complete his final norm. Aswath earned his first Grandmaster norm at the Grenke Open in 2025. He secured his second norm at the First Saturday GM Round Robin in Budapest in December 2025, where he also crossed the 2500 FIDE rating mark.
SCIENCE AND TECHNOLOGY
1. Geneva to Host Global AI Summit in 2027: Switzerland will host a global AI summit in Geneva on June 21-22, 2027. The summit is linked to international discussions on artificial intelligence governance, trustworthy AI, and multilateral cooperation among governments, international organisations, scientists, businesses, and civil society. The Geneva summit is planned as a platform for stable and effective processes for global discussions on AI governance. Its stated themes include the responsible, safe, and human-centred use of artificial intelligence, along with broader questions on prosperity, progress, and public welfare. The host city announcement was made during the AI for Good Global Summit in Geneva on July 8, 2026. Federal Councillor Albert Rosti confirmed Switzerland’s role as host during the opening address of that event.
2. ISRO Tests Main Parachutes for Gaganyaan Crew Module: The Indian Space Research Organisation conducted the Integrated Main Parachute Airdrop Test-05 (IMAT-05) for the Gaganyaan Mission on 7 July 2026. The test took place at the Aerial Delivery Research and Development Establishment drop zone in Sheopur, Madhya Pradesh, and involved a simulated main parachute assembly with a dummy mass. IMAT-05 was the fifth test in the Integrated Main Parachute Airdrop Test series for the Gaganyaan Mission. The test used an Indian Air Force IL-76 transport aircraft to drop the payload from an altitude of 2.5 kilometres. The Gaganyaan Crew Module deceleration system includes 10 parachutes of four types. The system is designed for splashdown in the ocean after atmospheric re-entry.
3. Handloom Hackathon 2026 Launched as Weaving Innovation: The Handloom Hackathon 2026, titled “Weaving Innovation”, was launched on 8 July 2026 by the Office of the Development Commissioner (Handlooms) under the Ministry of Textiles, Government of India. The national innovation challenge is linked to the National Handloom Day 2026 celebrations and focuses on technology, design, entrepreneurship, and sustainable solutions for the handloom sector. The Development Commissioner (Handlooms) functions under the Ministry of Textiles and deals with policy and support measures for the handloom sector in India. Handloom weaving is a cottage-based and decentralised craft activity that uses manual looms and is associated with textile production in rural and semi-urban areas.
4. Neymar Jr Announces International Retirement After Ending Career as Brazil’s All-Time Top Scorer: Neymar Jr. announced his retirement from international football after Brazil’s 2–1 defeat against Norway in the Round of 16 of the FIFA World Cup 2026. Neymar concluded his international career as Brazil’s all-time leading goal scorer, scoring 80 goals in 130 appearances for the national team.
BANKING AND FINANCE
1. Government Keeps Interest Rates on Small Savings Schemes Unchanged for July–September 2026 Quarter: The Finance Ministry has kept interest rates unchanged on all government-backed small savings schemes for the July–September 2026 quarter (Q2 of FY2026–27), providing stability for millions of investors. This is the ninth consecutive quarter in which the government has not revised the interest rates, with the same rates continuing from the April–June 2026 quarter. The decision covers major small savings schemes, including the Public Provident Fund (PPF), National Savings Certificate (NSC), Senior Citizen Savings Scheme (SCSS), Sukanya Samriddhi Yojana (SSY), Kisan Vikas Patra (KVP), Post Office Monthly Income Scheme (POMIS), Post Office Time Deposits, and Post Office Recurring Deposit (RD). These government-backed schemes remain popular for offering safe, secure, and guaranteed returns, making them a preferred investment option for long-term and risk-averse investors.
2. ADB Approves USD 230 Million Loan to Modernise Chennai’s Water Supply and Sanitation System: The Asian Development Bank (ADB) has approved a USD 230 million loan to modernise and expand water supply and sanitation infrastructure in Chennai, benefiting approximately 4.5 million residents in the Greater Chennai area. The project aims to improve access to safe and reliable drinking water, strengthen sanitation services, enhance climate resilience, improve public health, and create a more efficient and financially sustainable urban water system. The initiative supports the Government of India’s urban development programmes, including Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 and the Urban Challenge Fund, while building on ADB’s earlier investments in Chennai.
AWARDS AND HONOURS
1. Ustad Bismillah Khan Yuva Puraskar Recognises Haveli Sangeet: The Ustad Bismillah Khan Yuva Puraskar-2025 was announced for the years 2024-25 by the Sangeet Natak Akademi under the Union Ministry of Culture. Acharya Shri Ranchhodlalji Goswami, a Haveli Sangeet scholar from Ahmedabad, received the honour for the Pushtimarg Haveli Sangeet tradition. Haveli Sangeet is a devotional music tradition linked with the Pushtimarg sect and the temple culture of Gujarat and Rajasthan. The tradition uses vocal compositions, hymns, and classical music forms in worship settings. Acharya Shri Ranchhodlalji Goswami is the 16th Acharya of the historic Goswami Haveli in Kalupur, Ahmedabad. He is 32 years old, has composed more than 22,000 devotional hymns, and has authored eight books.
2. ICMR-MINDS Wins Gold Award at National Awards for e-Governance 2026 for AI-Powered Mental Healthcare: ICMR-MINDS, the Indian Council of Medical Research (ICMR) flagship AI-powered digital mental healthcare initiative, received the Gold Award in the “Innovation by Use of AI and Other New Age Technologies for Providing Citizen-Centric Services” category at the National Awards for e-Governance 2026. The award, instituted by the Department of Administrative Reforms and Public Grievances (DARPG), was presented by Jitendra Singh during the 29th National Conference on e-Governance (NCeG) 2026 held in Jaipur. ICMR-MINDS uses an Artificial Intelligence-enabled Clinical Decision Support System (CDSS) to assist frontline healthcare workers in screening, assessing, and managing mental and substance use disorders, while integrating mental healthcare with the treatment of non-communicable diseases (NCDs).