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IFSCA Revises Credit Rating Rules for GIFT City

The International Financial Services Centres Authority (IFSCA) revised the credit rating framework for the International Financial Services Centre in GIFT City, Gujarat, through Circular No. IFSCA-CMIR/1/2026-CMIR dated 16...

July 18, 2026    Economy & Banking Current Affairs

Fact Box: Mobile Phone Manufacturing Scheme

The Union Cabinet approved the Mobile Phone Manufacturing Scheme (MPMS) on 15 July 2026 with a budgetary outlay of ₹62,500 crore. The scheme will run for five years...

July 18, 2026    Economy & Banking Current Affairs

RBI Introduces New SNFA Framework

The Reserve Bank of India has introduced a prudential framework for Specified Non-Financial Assets (SNFAs) through amendments to the Resolution of Stressed Assets Directions, 2025. The framework applies...

July 18, 2026    Economy & Banking Current Affairs

Daily Current Affairs Quiz: July 18, 2026

1. The Videsh Sampark Programme, recently organised in Jaipur, is an initiative of which ministry? [A] Ministry of External Affairs[B] Ministry of Home Affairs [C] Ministry of Commerce...

July 18, 2026

India Flags Off First Hydrogen-Powered Train

Prime Minister Narendra Modi flagged off India’s first hydrogen-powered train on 17 July 2026 from Jind in Haryana. The indigenous train runs on the 89-km Jind-Sonipat route, has...

July 18, 2026    Science & Technology

PM Launches ₹4,700 Crore Projects in Chandigarh

Prime Minister Narendra Modi launched multiple development projects in Chandigarh on 17 July 2026 across healthcare, education, and road infrastructure. The package included hospital facilities at the Post...

July 17, 2026    Government Schemes Current Affairs

Delhi–Amritsar–Katra Expressway Stretch Inaugurated

The Delhi–Amritsar–Katra Expressway is a 667 km access-controlled highway corridor under development by the National Highway Authority of India under the Bharatmala Pariyojana. On 17 July 2026, Prime...

July 17, 2026    infrastructure-current-affairs

CDSCO Approves Wegovy for MASH Treatment

India’s drug regulator, the Central Drugs Standard Control Organization (CDSCO), approved Novo Nordisk’s Wegovy (semaglutide injection 2.4 mg) on 17 July 2026 for the treatment of metabolic dysfunction-associated...

July 17, 2026    Science & Technology

INS Malvan to Join Indian Navy on 22 July 2026

INS Malvan is the second vessel of the Mahe-class Anti-Submarine Warfare Shallow Water Craft (ASW-SWC) built for the Indian Navy. The ship was designed and constructed by Cochin...

July 17, 2026    Defence Current Affairs

Another MH-60R Seahawk Delivered to Indian Navy

The Indian Navy received another MH-60R Seahawk helicopter in Kochi in July 2026, taking the number inducted to 21 out of 24 ordered from the United States. The...

July 17, 2026    Defence Current Affairs

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