Daily Current Affairs – 10 July 2026

Staying updated with today's current affairs is essential for competitive exam aspirants preparing for SSC, UPSC, Banking, State PSCs, and Railway exams. The 10 July 2026 current affairs cover PM Modi's landmark Australia visit, ACITI trilateral launch, nuclear cooperation breakthrough, UNCTAD World Investment Report, DRDO's Pinaka test, IMF growth forecast revision, economy & banking updates, science & technology, and important days that frequently appear in the General Awareness section of government exams.

India – National Current Affairs

• PM Modi Concludes Australia Visit with 18 Landmark Outcomes Including Civil Nuclear Deal, ACITI Trilateral, and Defence Joint Declaration – Prime Minister Narendra Modi undertook a landmark State Visit to Australia from 8–10 July 2026 at the invitation of Australian Prime Minister Anthony Albanese, meeting in Melbourne for the 3rd India-Australia Annual Leaders' Summit. The visit produced 18 major outcomes across defence, maritime security, energy, critical technologies, education, mining, research, and cultural cooperation. Exam importance: Key outcomes: (1) Australia-India Joint Declaration on Defence and Security Cooperation (2026) - the most significant bilateral defence document in the relationship's history, advancing defence industrial collaboration, joint innovation ecosystems, information sharing, and HADR cooperation; (2) Administrative arrangement under the India-Australia Civil Nuclear Agreement enabling long-term Australian uranium exports to India for exclusively peaceful purposes under IAEA safeguards - Australia also reiterated support for India's NSG membership; (3) Maritime Security Collaboration Roadmap; (4) India-Australia Joint Statement on Energy Security; (5) ACITI MoU (see next item); (6) Geoscience Australia–GSI cooperation on advanced mineral exploration; (7) CSIR–TKDL–IP Australia Traditional Knowledge Digital Library access agreement; (8) CSIR–University of Melbourne MoU on collaborative research; (9) SRFTI–Griffith Film School cooperation on film education; (10) Operationalisation of Rooftop Solar Training Academy at Pandit Deendayal Energy University (PDEU), Gandhinagar, training 2,000 women and youth as solar technicians; (11) Australia's temporary tracking station on Cocos (Keeling) Islands for Gaganyaan support; (12) India-Australia-Indonesia trilateral mechanism on maritime domain awareness and blue economy; (13) Repatriation of 3 Indian antiquities - a Nandi (sacred bull, 11th–12th century granite), a bronze Trident with Bhadrakali, and a 12th-century basalt Skanda (Karttikeya); PM Modi addressed the Australia-India CEO Forum and Economic Roadmap Business Event and invited Australian companies for long-term investment in India; PM Modi and Albanese also called for expediting the India-Australia CECA (Comprehensive Economic Cooperation Agreement) negotiations; India-Australia bilateral trade: over USD 45 billion in FY26; Australia's PM: Anthony Albanese (Labor Party); India-Australia Comprehensive Strategic Partnership was elevated in 2020.
• India, Australia and Canada Launch ACITI - Australia-Canada-India Technology and Innovation Partnership – India, Australia, and Canada launched the Australia-Canada-India Technology and Innovation (ACITI) Partnership on 9 July 2026, signing an MoU to expand cooperation in trusted and emerging technologies. Exam importance: ACITI covers Artificial Intelligence, green energy technologies, critical minerals, cybersecurity, quantum computing, and advanced manufacturing; it is the first-ever trilateral technology cooperation framework between India, Australia, and Canada, reflecting the growing convergence among Indo-Pacific democracies; ACITI builds on existing India-Australia cooperation under the Quad (with the USA and Japan) and the India-Canada Science and Technology Agreement; Canadian PM: Mark Carney; Australian PM: Anthony Albanese; the partnership will be coordinated by the respective science and technology ministries and research councils of all three nations.
• VP C.P. Radhakrishnan Launches National Programme for Sustainable Harnessing of Ocean Resources (Letters of Authorisation) – Vice President of India C.P. Radhakrishnan launched the national programme for the issuance of Letters of Authorisation (LoAs) for the Sustainable Harnessing of Ocean Resources on 9 July 2026 in New Delhi. Exam importance: The LoA framework establishes a regulated, transparent system for private and public entities to conduct marine resource exploration and extraction in India's Exclusive Economic Zone (EEZ) and Extended Continental Shelf (ECS); India's EEZ extends 200 nautical miles from its baseline; the initiative falls under the Deep Ocean Mission (DOM), launched in June 2021 under the Ministry of Earth Sciences (MoES) with an outlay of ₹4,077 crore over 5 years; key objectives: polymetallic nodule mining, deep-sea biodiversity, deep-sea water desalination, and energy from the ocean; VP C.P. Radhakrishnan; MoES Secretary: M. Ravichandran.
• Govt Waives Basic Customs Duty on Key Components for Display Assemblies, Li-Ion Cells, and Inductor Coil Modules – The Government of India on 9 July 2026 waived basic customs duty (BCD) on goods used in the manufacture of display assemblies, lithium-ion (Li-ion) cells, and inductor coil modules, as part of a targeted electronics manufacturing incentive. Exam importance: The BCD waiver is notified through a customs notification under the Customs Act, 1962 by the Ministry of Finance (Department of Revenue); display assemblies are used in smartphones, laptops, TVs, and EVs; lithium-ion cells are the core component of EV batteries, smartphones, and energy storage systems; the move aims to reduce import costs, boost domestic manufacturing, and support India's Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) battery manufacturing and the National Semiconductor Mission; union Minister of Electronics and IT: Ashwini Vaishnaw.
• Gujarat Launches First Data Centre Policy 2026–29 Targeting ₹6 Lakh Crore Investment – Gujarat launched its first dedicated Data Centre Policy 2026–29 on 9 July 2026 in Gandhinagar, aiming to attract investments of ₹6 lakh crore and build data centre capacity targeting one of the world's largest single-state concentrations of data infrastructure. Exam importance: The policy offers subsidised land, single-window approvals, renewable energy linkages, water recycling mandates, and fiscal incentives for data centre operators; Gujarat CM: Bhupendra Patel; Gujarat hosts major existing data centre clusters in Ahmedabad, Surat, Gandhinagar, and Rajkot; this complements India's National Data Centre Policy (2021) under MeitY and the Indian Government's USD 3 billion+ data centre investment push; India's data centre market is expected to reach USD 10 billion by FY27, driven by the rapid adoption of AI, cloud computing, and digital public infrastructure.
• DRDO Successfully Tests Pinaka Long-Range Guided Rocket at ITR Chandipur, Odisha – The Defence Research and Development Organisation (DRDO) successfully conducted a flight-test of the Pinaka Long Range Guided Rocket System (LRGRS) at the Integrated Test Range (ITR), Chandipur, Odisha in July 2026, demonstrating precision engagement over a range of 60 km while adhering precisely to its trajectory. Exam importance: The Pinaka LRGRS was launched from an existing Pinaka Multi-Barrel Rocket Launcher (MBRL), proving platform versatility; the system was developed by the Armament Research and Development Establishment (ARDE) alongside the High Energy Materials Research Laboratory (HEMRL), both DRDO labs, and Research Centre Imarat (RCI), Hyderabad; Pinaka MBRLs are named after Shiva's divine bow; the standard Pinaka has a range of 40 km while the LRGRS extends this to 75+ km; Pinaka has been successfully exported to Armenia; DRDO Chairman: Dr. Samir V. Kamat; ITR Chandipur is located in Balasore district, Odisha.
• UDISE+ 2025–26 Report Released - India's School Education Enrolment and Performance – The Union Ministry of Education released the Unified District Information System for Education Plus (UDISE+) 2025–26 Report, providing comprehensive statistical data for India's school education system covering approximately 14.7 lakh schools, 97 lakh teachers, and 25.4 crore enrolled students. Exam importance: UDISE+ is the world's largest school education management information system; it is maintained by the Department of School Education and Literacy (DoSEL) under the Ministry of Education; key metrics tracked: school infrastructure (toilets, electricity, playgrounds, libraries), teacher qualifications, enrolment by category (SC, ST, OBC, minority, CWSN), and learning outcomes; India has the world's 2nd largest school education system (after China); UDISE+ data informs the National Education Policy (NEP) 2020 implementation, mid-day meal scheme coverage, and Samagra Shiksha Abhiyan interventions; the 2023–24 UDISE+ report showed total higher education enrolment at 4.5 crore.
• TEC Signs MoU with BECIL to Strengthen Telecom and Broadcasting Sector – The Telecommunication Engineering Centre (TEC), under the Department of Telecommunications (DoT), signed a Memorandum of Understanding with Broadcast Engineering Consultants India Limited (BECIL) to develop standards and enhance India's participation in the ITU (International Telecommunication Union) standardisation process. Exam importance: Key focus areas: Direct-to-Mobile (D2M) broadcasting, 5G Broadcast technology, Digital Sound broadcasting, and AI-driven telecommunications; TEC was established in 1985 and functions under DoT; BECIL is a CPSE under the Ministry of Information and Broadcasting (MoI&B); the MoU advances the goals of Digital India and Aatmanirbhar Bharat in the telecom and broadcasting domain; ITU is the UN's specialised agency for ICT, HQ: Geneva, Switzerland; India recently gained a seat on the ITU Council after its election in 2022.
• SAI and Safdarjung Sports Innovation Centre (SIC) Sign MoU for Sports Science and Athlete Care – The Sports Authority of India (SAI) and the Safdarjung Sports Innovation Centre (SIC), New Delhi, signed an MoU to advance sports science, injury prevention, performance optimisation, and rehabilitation for elite athletes. Exam importance: The pact supports SAI's TOPS (Target Olympic Podium Scheme) and Khelo India flagship programmes for Olympic medal contenders; SAI functions under the Ministry of Youth Affairs and Sports; the Safdarjung SIC is a new specialised sports science facility; the collaboration integrates medical research with advanced sports science to build a globally competitive athlete support system; India aims to win at least 25 medals at the LA 2028 Olympic Games.
• India's International Centre for Civilizational Studies "Manas and Mahabharata" Inaugurated in Bishkek, Kyrgyzstan – An Indian delegation visited Kyrgyzstan from 4–7 July 2026 for the inauguration of the International Centre for Civilizational Studies "Manas and Mahabharata" in Bishkek, exploring civilizational parallels between India's Mahabharata and Kyrgyzstan's Manas epic. Exam importance: The Manas is Kyrgyzstan's national epic, one of the world's longest oral epics (over 500,000 lines), celebrated as a UNESCO Intangible Cultural Heritage since 2009; the Centre is a joint India-Kyrgyzstan initiative under the Ministry of External Affairs (ICCR - Indian Council for Cultural Relations); Kyrgyzstan's capital: Bishkek; this initiative is part of India's Civilizational Diplomacy and Central Asia Connect strategy; India and Kyrgyzstan have a bilateral Joint Working Group on counter-terrorism and trade.

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Economy & Banking

• IMF Cuts India's FY27 GDP Growth Forecast to 6.4% – The International Monetary Fund (IMF) revised India's growth projection for FY2026–27 to 6.4%, down 10 basis points from its April 2026 World Economic Outlook (WEO) projection of 6.5%, citing higher energy prices and global uncertainty. Exam importance: The cut aligns with revisions from Fitch (6.4%), OECD (6.3%), and S&P (6.6%); the IMF's July 2026 WEO Update also revised global growth down 10 bps to 2.8% for CY2026; India's GDP grew 7.7% in FY26 (Q4 at 7.8%); IMF Chief Economist: Pierre-Olivier Gourinchas; IMF MD: Kristalina Georgieva; IMF HQ: Washington D.C., USA; IMF was established in 1945 at the Bretton Woods Conference.
• RBI Approves Mahesh Muralidhar Pai as MD & CEO of South Indian Bank – The Reserve Bank of India approved the appointment of Mahesh Muralidhar Pai as the new Managing Director and Chief Executive Officer (MD & CEO) of South Indian Bank Limited for a three-year term. Exam importance: South Indian Bank was established in 1929; HQ: Thrissur, Kerala; it is an old private sector bank (scheduled commercial bank) with operations primarily in Kerala and other southern states; Mahesh Pai previously served as a senior executive at HDFC Bank and Axis Bank; this appointment follows the RBI's approval mechanism for senior bank appointments under Section 35B of the Banking Regulation Act, 1949.
• Jaipur Ranked 6th in Global Happy City Index 2026 - Only Indian City in Top 10 – Jaipur, Rajasthan made a remarkable global achievement by being ranked 6th in the Happy City Index 2026 - the only Indian city in the global top 10. Exam importance: The Happy City Index evaluates cities across dimensions including social cohesion, environmental quality, urban mobility, economic opportunity, safety, digital access, and cultural vibrancy; Jaipur is designated a UNESCO World Heritage City (2019) for its 18th-century planned layout; Jaipur is also known as the "Pink City" for its terracotta-pink buildings mandated by Maharaja Ram Singh II in 1876 to welcome Prince Albert; Rajasthan CM: Bhajan Lal Sharma.
• UNCTAD World Investment Report 2026 Highlights Concentration of Global Investment – UNCTAD released the World Investment Report 2026, highlighting that global Foreign Direct Investment (FDI) flows have increasingly concentrated in a select number of countries and sectors, with the USA, China, and the EU receiving the lion's share of global FDI, while developing nations - particularly in Africa and South Asia - struggle for investment access. Exam importance: UNCTAD (United Nations Conference on Trade and Development) HQ: Geneva, Switzerland; UNCTAD Secretary-General: Rebeca Grynspan; the World Investment Report (WIR) is published annually since 1991; India's FDI inflows in FY26 stood at approximately USD 71 billion; India is among the top 5 global FDI destinations; the report calls for multilateral frameworks to ensure equitable investment distribution aligned with SDGs.

Science & Technology

• Indian Scientists Recreate Key Human Placenta Functions on a Chip – Indian scientists developed a "placenta-on-a-chip" microfluidic device that recreates key functional aspects of the human placenta, enabling more accurate testing of drug safety during pregnancy without relying on animal models or human subjects. Exam importance: The research was conducted at an Indian Institute (likely IIT or CSIR laboratory); organ-on-a-chip technology uses microfluidic channels lined with human cells to mimic organ functions; the global organ-on-a-chip market is expected to reach USD 1.3 billion by 2030; this breakthrough is relevant to India's push for alternative testing methodologies (reducing animal testing in pharmaceutical R&D) and supports the New Drugs and Clinical Trials Rules, 2019; this aligns with SDG 3 (Good Health and Well-Being).
• Mission Drishti - World's First OptoSAR Private Satellite - Launched by Pixxel India – Mission Drishti, the world's first OpticalSAR (OptoSAR) small satellite, was launched by Bengaluru-based private Earth Observation (EO) startup Pixxel India, marking a global first in combining optical and Synthetic Aperture Radar (SAR) imaging on a single spacecraft platform. Exam importance: Pixxel India was founded in 2019 and is one of India's most prominent private space startups; OptoSAR combines the advantages of optical imaging (high visual resolution) with SAR (all-weather, day-night imaging) in a single compact satellite; this is significant for applications in agriculture, defence, disaster management, and climate monitoring; the launch advances India's Space Policy 2023 objective of enabling private sector leadership in earth observation; ISRO Chairman: S. Somanath; IN-SPACe Chairperson: Pawan Goenka.
• India Becomes 7th Nation to Approve Weekly Basal Insulin 'Avikely' for Diabetes Treatment – India became the 7th nation globally to approve the once-weekly basal insulin 'Avikely' (insulin icodec), developed by Novo Nordisk, for the treatment of Type 1 and Type 2 diabetes, benefiting India's over 101 million diabetic patients. Exam importance: Insulin icodec (brand: Awiqli/Avikely) is a long-acting basal insulin analogue administered once weekly, providing sustained glucose control compared to daily basal insulin injections (like insulin glargine/degludec); approved by FDA (US), EMA (EU), UK MHRA, and others before India's CDSCO approval; India has the world's largest diabetic population after China - approximately 10.1 crore (101 million) - earning it the title "Diabetes Capital of the World"; Type 2 diabetes accounts for approximately 90–95% of all diabetes cases; CDSCO (Central Drugs Standard Control Organisation) under MoHFW is the approving authority; the weekly format dramatically improves patient compliance.

Awards & Recognitions

• PM Modi Conferred Indonesia's Highest National Civilian Honour 'Bintang Adipurna' – (Carried forward from 7 July) PM Narendra Modi was conferred Indonesia's highest national civilian honour, the Bintang Adipurna (Star of the Master of Work), by Indonesian President Prabowo Subianto at Istana Merdeka, Jakarta on 7 July 2026. Exam importance: Bintang Adipurna is awarded to foreign leaders who have made exceptional contributions to Indonesia and to international cooperation; PM Modi has now received 33 international honours during his tenure; Indonesia's national honours system includes the Order of the Star of the Republic of Indonesia (Bintang Republik Indonesia), the Order of the Star of the Master of Work (Bintang Mahaputera Adipurna), and the Bintang Adipurna.

Important Days

• 10 July - Nikola Tesla Day – Nikola Tesla Day is observed on 10 July to celebrate the birth anniversary of Serbian-American inventor and electrical engineer Nikola Tesla, born on 10 July 1856 in Smiljan (then Austrian Empire, present-day Croatia). Exam importance: Nikola Tesla's most significant contributions include the alternating current (AC) electrical system (in collaboration with George Westinghouse), the Tesla Coil, rotating magnetic field theory, and foundational patents for radio technology; he worked with Thomas Edison before famously parting ways in the "War of Currents" (AC vs DC); the SI unit of magnetic flux density is named the "Tesla" (T) in his honour; Tesla died on 7 January 1943 in New York, USA; the electric vehicle company Tesla Inc. (now Tesla) is named after him; the day is officially recognised in Serbia, Croatia, and several European nations.
• 11 July - World Population Day 2026 – World Population Day is observed annually on 11 July, established by UNDP in 1989, to raise awareness about global population issues. The 2026 theme is "A World for All Ages: Building Inclusive Societies Amidst Demographic Change." Exam importance: The day was inspired by the "Five Billion Day" of 11 July 1987, when the world's population reached 5 billion; UNGA formally established it via Resolution A/RES/45/216 in December 1990; the world's population reached 8 billion on 15 November 2022; India became the world's most populous nation in April 2023 (surpassing China) with 1.429 billion people (UNFPA State of World Population Report 2023); UNFPA (United Nations Population Fund) is the lead UN agency for population issues, HQ: New York.