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12 July 2026 · verified exam-relevant news
Latest digest · 12 July 2026
Curated from PIB, RBI, All India Radio and verified national sources — organised for UPSC, SSC, Banking, Railway and State-PSC revision.
24 verified current-affairs updates for major exams.
India and New Zealand elevated bilateral ties to a strategic partnership during PM Modi's visit, targeting doubling of bilateral trade by 2030. PM Christopher Luxon emphasized job and wage growth in New Zealand. Discuss…
Read full storyRBI's Weekly Statistical Supplement (Jul 3, 2026) shows India's forex reserves at $674.193 billion, up $7.26 billion weekly but down $16.915 billion since March 2026. Gold reserves rose $2.67 billion weekly to $105.205…
Read full storyThe RBI announced auction of State Government Securities (SGS) worth ₹24,800 crore on July 14, 2026, involving 9 states including Maharashtra (₹10,600 cr), Andhra Pradesh (₹3,800 cr), and Gujarat (₹2,000 cr). The auctio…
Read full storyThe RBI conducted a government securities auction for two dated securities: 6.36% GS 2031 (notified amount ₹21,000 crore) and 7.71% GS 2066 (notified amount ₹11,000 crore). The 2031 security saw strong demand with 235 c…
Read full storyOn July 10, 2026, the Reserve Bank of India conducted a 3-day Variable Rate Repo (VRR) auction, notifying an amount of ₹50,000 crore. The total bids received amounted to ₹53,233 crore, with ₹50,015 crore allotted at a c…
Read full storyRBI's money market operations on July 9, 2026, show overnight segment volume of ₹6,90,802.32 crore at 5.28% weighted average rate. Key LAF operations included a 1-day variable rate repo of ₹46,729 crore at 5.26%, MSF of…
Read full storyInflows into Indian equity mutual funds surged 26% to ₹28,973 crore in June 2024 from ₹22,908 crore in May. SIP contributions rose 2.7% to ₹31,781 crore in June, per AMFI data. This reflects growing retail investor conf…
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India-Japan cooperation is evolving from a development partnership into a geo-economic alliance, focusing on co-creating resilient, secure, and sustainable value chains across the Indo-Pacific. This strategic shift refl…
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The Indian government has mandated that Central Public Sector Enterprises (CPSEs) utilize the Trade Receivables Discounting System (TReDS) for transactions with Micro, Small, and Medium Enterprises (MSMEs) to address th…
Read full storyThe Reserve Bank of India (RBI) has announced a Variable Rate Repo (VRR) auction scheduled for July 09, 2026, to address current liquidity conditions. This auction will allow banks to borrow funds at variable rates, imp…
Read full storyThe Reserve Bank of India announced a 3-day Variable Rate Repo (VRR) auction of ₹50,000 crore on July 10, 2026, under the Liquidity Adjustment Facility (LAF) to manage evolving liquidity conditions. The auction window o…
Read full storyThe Reserve Bank of India (RBI) has launched the July 2026 round of the Inflation Expectations Survey of Households (IESH) to gauge public perceptions on inflation across 19 cities. This survey is crucial for understand…
Read full storyThe Reserve Bank of India released data on Reserve Money and Money Supply for the fortnight ended June 30, 2026, through Press Release 2026-2027/637. The data, published by Deputy General Manager Ajit Prasad, provides c…
Read full storyThe Indian Government has waived the basic customs duty on essential components for electronic devices, including display assemblies, lithium-ion cells, and inductor coil modules. This move aims to boost domestic produc…
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India and Australia have finalized administrative arrangements for uranium exports for peaceful purposes, marking a significant step in their bilateral energy cooperation. This agreement is crucial as it aims to enhance…
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The Indian Rupee has faced significant depreciation against the US Dollar since early 2025, prompting the Reserve Bank of India (RBI) to implement measures aimed at stabilizing the currency. These measures include inter…
Read full storyFinance Minister Nirmala Sitharaman announced that India is enhancing its toy manufacturing ecosystem to compete globally. This initiative involves improving quality standards, providing policy support, and facilitating…
Read full storyIn May 2026, non-banking financial companies (NBFCs) reported a year-on-year credit growth of 14.2%, up from 11.4% in the previous year. Notably, credit to agriculture surged by 17.9%, while credit to the industry and s…
Read full storyOn July 5, 2026, the Reserve Bank of India (RBI) reported that there were no transactions in the money market operations for the overnight segment, indicating a significant liquidity situation. The RBI's Liquidity Adjus…
Read full storyThe Indian Government has issued a stern notice to Meta regarding the presence of Child Sexual Exploitative and Abuse Material (CSEAM) in paid advertisements on Instagram. This directive from the Ministry of Electronics…
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The Finance Ministry of India has notified rules for determining the origin of goods under the India-UK Comprehensive Economic and Trade Agreement (CETA), effective from July 15, 2026. This trade pact allows duty-free a…
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Maharashtra Agriculture Minister Dattatray Bharane has urged farmers to enroll in the Pradhan Mantri Fasal Bima Yojana by July 31. This scheme is crucial as it provides financial protection against crop losses due to na…
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India possesses approximately $5 trillion in gold held by households and temples, but continues to import gold, straining the economy. The government is contemplating a revival of the Gold Monetisation Scheme to convert…
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Japan's finance ministry is changing its strategy to combat yen depreciation by shifting to ambush intervention tactics against currency speculators. This approach aims to surprise short sellers and increase their costs…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 12 July 2026.
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