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Daily Current Affairs

July 11, 2026 • 10 Key Topics

01
International

India and New Zealand Elevate Bilateral Ties to Strategic Partnership

India and New Zealand officially elevated their bilateral relations to a Strategic Partnership, announcing 18 key outcomes including UPI-integration work.

  • Relations elevated to Strategic Partnership during PM Narendra Modi's historic visit to New Zealand (first PM visit in nearly 40 years).
  • Announced 18 outcomes, including initiating work to link India’s UPI with New Zealand’s domestic payment system.
  • Set a target to double bilateral trade to ₹35,000 crore by the year 2030.
  • Agreed on cooperation in defence, maritime security, fintech, agriculture, education, and sports.

Exam Context: Highly significant for GS-2 (International Relations). Key facts: UPI-linkage initiative, target trade = ₹35,000 crore by 2030, status = Strategic Partnership, first visit since Rajiv Gandhi in 1986.

02
Science

India and Australia Ink Traditional Knowledge (TKDL) and Uranium Pacts

CSIR and IP Australia signed a landmark agreement for access to India’s Traditional Knowledge Digital Library (TKDL) to prevent biopiracy.

  • The Council of Scientific and Industrial Research (CSIR) and IP Australia signed a pact granting patent examiners access to India's TKDL.
  • Operationalisation of the bilateral Uranium deal alongside a Joint Declaration on a Defence & Maritime Security Roadmap.
  • Finalised a sports collaboration roadmap promoting Para sports, Kabaddi, and Kho Kho.
  • Australia announced the repatriation of three ancient 11th-12th century temple antiquities (Bhadrakali trident, Nandi, Karthikeya) to Tamil Nadu.

Exam Context: Perennial GS-1 (Art & Culture) and GS-3 (Science & Tech) topic. TKDL (Traditional Knowledge Digital Library) was created by CSIR and Ministry of Ayush in 2001. Repatriated antiquities: 11th-12th century Tamil Nadu bronze trident, granite Nandi, and Karthikeya idol.

03
Schemes

World Bank Approves $890 Million Loan for PM Surya Ghar Scheme

The World Bank approved an $890 million financing package to support India's PM Surya Ghar: Muft Bijli Yojana rooftop solar scheme.

  • Financing includes an $820 million loan from the IBRD and $60 million from the Clean Technology Fund (CTF).
  • Aims to help India power 10 million households with rooftop solar installations.
  • Expected to generate 1.7 million local jobs and support India's net-zero carbon emissions target by 2070.
  • PM Surya Ghar: Muft Bijli Yojana was launched in February 2024 with a total outlay of ₹75,021 crore.

Exam Context: Very high probability GS-3 Economy / Environment question. Outlay of PM Surya Ghar: Muft Bijli Yojana is ₹75,021 crore. Target: 1 crore (10 million) households, up to 300 units free power. World Bank IBRD loan = $820M, CTF = $60M.

04
Infrastructure

ONGC to Fund Strategic Petroleum Reserve (SPR) Expansion in Mangaluru

ONGC approved a 1.75 MMT expansion of India's Strategic Petroleum Reserve (SPR) facility at Mangaluru, marking its first-ever direct funding of an SPR.

  • ONGC board approved the expansion of the Mangaluru SPR facility by 1.75 Million Metric Tonnes (MMT).
  • This is the first time a commercial public sector undertaking (ONGC) is funding a strategic oil reserve project.
  • India's existing SPR capacity stands at 5.33 MMT stored across three underground rock caverns: Visakhapatnam (1.33 MMT), Mangaluru (1.5 MMT), and Padur (2.5 MMT).
  • Managed by Indian Strategic Petroleum Reserves Limited (ISPRL), under the Ministry of Petroleum and Natural Gas.

Exam Context: GS-3 Infrastructure/Energy Security. Locations of India's SPR: Visakhapatnam (AP), Mangaluru (KA), Padur (KA). Phase-II expansion planned at Padur and Chandikhol (Odisha). Managed by ISPRL.

05
Economy

RBI Launches Key Surveys to Guide August 2026 Monetary Policy

The Reserve Bank of India (RBI) launched three major surveys—including the Inflation Expectations Survey and the Consumer Confidence Survey—to guide the August 2026 MPC meeting.

  • Surveys launched: Inflation Expectations Survey of Households (IESH), Consumer Confidence Survey (CCS - covering urban and rural areas), and the Survey of Professional Forecasters.
  • The feedback will provide crucial inputs for the upcoming Monetary Policy Committee (MPC) meeting in August 2026.
  • The MPC consists of 6 members (3 from RBI, 3 appointed by the government) and is chaired by the RBI Governor.
  • MPC meets at least four times a year to determine the policy repo rate required to achieve the inflation target (4% with a band of +/- 2%).

Exam Context: High-probability Banking & Economy question. MPC has 6 members. Section 45ZB of the RBI Act, 1934 provides for the constitution of the MPC. Repo rate, Inflation targets (4% +/- 2%) are standard questions.

06
Economy

Government Mandates TReDS Platform for CPSE Payments to MSMEs

The government made it mandatory for Central Public Sector Enterprises (CPSEs) to settle all MSME invoices through the TReDS platform to resolve payment delays.

  • All CPSEs are now mandated to onboard and settle MSME bills through the Trade Receivables Discounting System (TReDS) platform.
  • Fulfils a key commitment announced in the Union Budget 2026-27 to ensure timely payments and easy financing for MSMEs.
  • TReDS is an online electronic platform introduced by RBI to facilitate discounting of trade receivables of MSMEs from corporate buyers.
  • Helps improve cash flows for the Micro, Small, and Medium Enterprises (MSME) sector.

Exam Context: Economy/Government Policy (GS-3). TReDS stands for Trade Receivables Discounting System. Authorized by RBI under the Payment and Settlement Systems Act, 2007. MSME Development Act was enacted in 2006.

07
International

Vietnam Speedboat Accident Kills 15 Indian Tourists near Phu Quoc

A tragic speedboat capsize near Phu Quoc Island in Vietnam resulted in the deaths of at least 15 Indian tourists, with the Indian Embassy activating emergency protocols.

  • A tourist speedboat carrying 32 passengers capsized off the coast of Phu Quoc Island, Vietnam.
  • At least 15 Indian nationals were confirmed dead; rescue operations were launched by Vietnamese authorities.
  • The Indian Embassy in Hanoi activated emergency control rooms to assist survivors and coordinate repatriation.
  • Phu Quoc is a popular tourist island located in the Gulf of Thailand, southwestern Vietnam.

Exam Context: Current Affairs / World Geography. Phu Quoc Island location = Gulf of Thailand / Vietnam. Vietnam Capital = Hanoi, Currency = Vietnamese Dong, PM = Pham Minh Chinh.

08
Environment

Monsoon Fury Triggers Landslides in Uttarakhand & Himachal Pradesh

Heavy monsoon rainfall triggered devastating landslides across Uttarakhand and Himachal Pradesh, blocking major roads including Char Dham pilgrimage routes.

  • Intense rainfall triggered multiple landslides in Uttarakhand and Himachal Pradesh, causing widespread disruption.
  • Key roads blocked include Char Dham pilgrimage routes (Kedarnath, Badrinath, Yamunotri, Gangotri) in Uttarakhand.
  • Schools closed in severely affected districts as authorities issued red alerts.
  • NDRF and SDRF teams deployed for rescue and relief operations in both states.

Exam Context: GS-1 (Geography) + GS-3 (Disaster Management). Char Dham = Kedarnath, Badrinath, Yamunotri, Gangotri (all in Uttarakhand). NDRF HQ = New Delhi, raised in 2006. Monsoon enters India via Kerala (June 1).

09
Culture

Australia to Repatriate Three Ancient Tamil Nadu Temple Antiquities

Australia announced the return of three stolen 11th-12th century temple artefacts — a bronze Bhadrakali trident, granite Nandi, and Karthikeya idol — to India under the Mutual Legal Assistance Treaty.

  • Three ancient artefacts to be repatriated: a bronze Bhadrakali trident, a granite Nandi, and a Karthikeya idol from Tamil Nadu temples.
  • All three date to the 11th-12th century Chola period and were illegally smuggled out of India.
  • Repatriation announced during PM Modi's visit under the bilateral Mutual Legal Assistance Treaty (MLAT).
  • India has successfully retrieved over 350 antiquities from various countries since 2014.

Exam Context: GS-1 (Art & Culture). Chola dynasty (9th-13th century) = famous for bronze sculpture (lost-wax/cire perdue technique). Nandi = Shiva's mount. MLAT = treaty framework for legal cooperation between countries.

10
Defence

20th Anniversary of 7/11 Mumbai Train Bombings

Mumbai observed the 20th anniversary of the 7/11 serial train blasts of 2006, in which seven coordinated bomb explosions on the Western Railway line killed approximately 189-209 people.

  • July 11, 2026 marks 20 years since the 2006 Mumbai suburban train bombings — one of India's deadliest terror attacks.
  • Seven bombs exploded within 11 minutes on Mumbai's Western Railway suburban line during evening rush hour.
  • Approximately 189-209 people were killed and over 700 injured in the coordinated blasts.
  • 13 accused were convicted by a special MCOCA court in 2015 (5 sentenced to death, 7 to life imprisonment).

Exam Context: Internal Security + Important Anniversaries. 7/11 Mumbai blasts: date = 11 July 2006, 7 blasts on Western Line (Matunga Road to Borivali), ~189-209 dead. MCOCA = Maharashtra Control of Organised Crime Act, 1999.

Prelims Quick-Revision Facts

New Zealand Strategic Partnership
International

India and New Zealand elevated ties to a Strategic Partnership, targeting ₹35,000 crore trade by 2030 and UPI-linkage.

TKDL Anti-Piracy Pact
Science

CSIR and IP Australia signed a pact giving Australian examiners access to India's Traditional Knowledge Digital Library (TKDL).

PM Surya Ghar
Schemes

World Bank approved $890 million ($820M IBRD + $60M CTF) to finance India's PM Surya Ghar rooftop solar scheme.

Mangaluru SPR
Infrastructure

ONGC approved and funded a 1.75 MMT expansion of India's Strategic Petroleum Reserve in Mangaluru.

TReDS Mandate
Economy

Central Public Sector Enterprises (CPSEs) are now mandated to settle all MSME invoices via the TReDS discounting platform.

Monsoon Landslides
Environment

Heavy monsoon rain triggered landslides in Uttarakhand and Himachal Pradesh, blocking Char Dham routes and closing schools.

Tamil Nadu Antiquities
Culture

Australia to return three 11th-12th century Chola-era artefacts (Bhadrakali trident, Nandi, Karthikeya idol) from Tamil Nadu temples.

7/11 Mumbai Blasts
Defence

India marked 20 years since the 2006 Mumbai train bombings — 7 blasts on Western Railway that killed ~189-209 people.

Test Yourself on Today's Affairs

Attempt 8 MCQs based on the July 11, 2026 edition.

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