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23 July 2026 · verified exam-relevant news
Latest digest · 23 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.
The government has permitted 100% FDI in inventory-based e-commerce models exclusively for exports of Indian manufactured goods. Announced by DPIIT, this policy aims to boost outbound shipments and global market access…
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Oil prices surged to a six-week high on Thursday following US strikes on Iran and Houthi attacks in the Red Sea. Iran's Revolutionary Guards reported an oil tanker fire near the Strait of Hormuz, a critical chokepoint f…
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Foreign inflows into Indian government securities (FAR bonds) have slowed after a June surge driven by index inclusion hopes. Narrowing India-US yield spreads, rupee depreciation concerns, and delayed index decisions ar…
Read full storyThe Reserve Bank of India released its July 2026 monthly Bulletin featuring a 'State of the Economy' article, two speeches, and current statistics. The article highlights that India's domestic economy has navigated glob…
Read full storyThe recent auction results for Treasury Bills indicate a significant engagement in government securities, with a total notified amount of ₹24,000 crore across 91-day, 182-day, and 364-day T-bills. The competitive bids r…
Read full storyThe Reserve Bank of India released Reserve Money data for the fortnight ended July 15, 2026, via Press Release 2026-2027/734. Reserve Money, a key monetary aggregate comprising currency in circulation and bank reserves,…
Read full storyThe Reserve Bank of India conducted Treasury Bill auctions for 91-day, 182-day, and 364-day tenors, with notified amounts of ₹9,000 crore, ₹8,000 crore, and ₹7,000 crore respectively. All notified amounts were fully acc…
Read full storyThe RBI conducted a 2-day Variable Rate Repo (VRR) auction on July 22, 2026, with a notified amount of ₹75,000 crore. Total bids received and amount allotted were ₹7,200 crore, with both cut-off and weighted average rat…
Read full storyThe Reserve Bank of India (RBI) announced a 2-day Variable Rate Repo (VRR) auction of ₹75,000 crore on July 22, 2026, with reversal on July 24, 2026. The auction window operates from 10:00 AM to 10:30 AM under the Liqui…
Read full storyOn July 21, 2026, the Reserve Bank of India (RBI) released data on money market operations, highlighting significant transactions in the overnight and term segments. The overnight segment saw a total volume of ₹6,55,296…
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The Mauritius cabinet has ratified a tax protocol enhancing the powers of Indian tax officials to investigate offshore entities suspected of tax evasion. This protocol introduces a principal purpose test, which can deny…
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The Reserve Bank of India (RBI) has proposed new regulations aimed at streamlining foreign investment in equity instruments, which will replace the existing framework. This initiative is significant as it clarifies the…
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India has achieved a 42% decline in undernourished people over two decades, with significant reduction in those unable to afford a healthy diet, outpacing global trends in hunger and malnutrition reduction. However, the…
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The Reserve Bank of India sold $6.1 billion in the foreign exchange market during May 2024 to manage rupee volatility driven by elevated oil prices and geopolitical tensions. Despite this intervention, India's external…
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The Reserve Bank of India intervened in the foreign exchange market by selling $6.1 billion during May 2024 to stabilize the rupee, which had hit a record low due to surging global oil prices. This intervention reflects…
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RBI reports India's external sector remains resilient amid global geopolitical uncertainties, supported by robust foreign investment inflows and strong export-import growth in Q1 FY2025. Forex reserves provide adequate…
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Union Minister Chirag Paswan emphasized India's transition from food self-reliance to value addition through food processing, infrastructure development, innovation, and improved farmer market access. This policy shift…
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The United States and India are nearing completion of a bilateral trade agreement, with negotiations virtually finalized. Only pending U.S. trade investigations into unfair practices remain before signing, expected with…
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The Reserve Bank of India likely utilized significant foreign currency deposit inflows, exceeding $20 billion, to reduce its record-high forward dollar liabilities. This strategic intervention helped the central bank ma…
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Central banks worldwide are purchasing gold at unprecedented rates, driven by geopolitical tensions and persistent inflation fears. Gold serves as a strategic hedge against currency devaluation and enhances portfolio di…
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US President Trump announced a two-year duty-free window for generic drug imports, after which tariffs could escalate up to 200%. This gives Indian pharma companies time to restructure supply chains and expand US manufa…
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Brent crude oil prices surged past $92 per barrel on July 22, reaching a two-month high, while US WTI crude climbed to near $85 per barrel for the fourth consecutive session. The spike is driven by ongoing US military s…
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SEBI has mandated depositories to freeze promoter shareholdings from the date of board approval until the buyback offer closes, preventing any transfer or encumbrance during this period. Promoters may still participate…
Read full storyThe RBI has announced the redemption price for the Sovereign Gold Bond (SGB) 2018-19 Series-V, which allows for premature redemption starting July 22, 2026. This price is set at ₹14,218 per unit, based on the average cl…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 23 July 2026.
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