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Daily Current Affairs 26th July 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 26th July 2023. It includes all Major National, International, Business and Sports related current affairs of 26th July 2023. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 26th July 2023 Current affairs test.


\International Updates

1. Change in Leadership at China’s Central Bank

  • Pan Gongsheng has been confirmed as the new head of China’s central bank on July 25, succeeding the outgoing governor, Yi Gang. This significant shift was an expected move as part of the Communist Party’s decennial leadership change.
  • Previously serving as a deputy governor and having extensive experience in the state-owned banking sector, Pan replaces Yi Gang, a professional economist educated in the U.S.

2. MERS-CoV Emerges in UAE Again

  • The World Health Organization has reported a new case of MERS-CoV in a 28-year-old male resident of Al Ain city, Abu Dhabi. Notably, he had not traveled recently nor had any known interactions with camels or certain livestock, commonly associated with the virus.
  • Since its first emergence in the UAE in 2013, the nation has registered 94 cases and 12 fatalities. On a global scale, the number of MERS-CoV infections since 2012 stands at 2,605, with 936 deaths.

Domestic Announcements

3. Nagaland Grapples with Lumpy Skin Disease

  • Nagaland has been formally identified as a state affected by Lumpy Skin Disease. This follows the detection of the ailment in four of the state’s districts.
  • The local Directorate of Animal Husbandry & Veterinary Services will now undertake all essential preventive steps in collaboration with relevant authorities, based on the guidelines issued by the national Department of Animal Husbandry and Dairying.

Defence Matters

4. Start of Exercise Talisman Sabre 2023

  • The 2023 edition of Exercise Talisman Sabre, a major bilateral military drill involving Australia and the United States, has been inaugurated aboard the HMAS Canberra.
  • Marking its tenth iteration, this year’s exercise is the most expansive in both geographical coverage and participating nations. Over the coming fortnight, 13 countries will engage in extensive multi-domain military exercises spanning land, sea, air, cyber, and space.

Economic Forecasts

5. IMF’s Positive Outlook on India’s Economy

  • The International Monetary Fund has revised upwards its GDP growth projection for India, now estimating a 6.1% expansion for the fiscal year.
  • This upward adjustment reflects a surge in local investments and a robust growth trajectory observed in the fourth quarter of the previous fiscal year. Additionally, global growth prospects have been revised to 3% for 2023, buoyed by a diminishing likelihood of a U.S. recession and declining inflation rates.

Noteworthy Commemorations

6. 24th Kargil Vijay Diwas

  • India celebrated the 24th Kargil Vijay Diwas on July 26th, honoring the valiant sacrifices made by its soldiers during the 1999 Kargil War against Pakistan. This annual observance marks the triumph of Operation Vijay.

7. Global Focus on Mangrove Conservation

  • The International Day for the Conservation of the Mangrove Ecosystem is also commemorated on July 26th each year. The objective is to amplify global appreciation for mangroves, emphasizing their uniqueness and fragility, and to advocate sustainable mangrove management strategies.

Key Conferences

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9. SemiconIndia 2023 in Gujarat

  • Gujarat’s Chief Minister, Bhupendrabhai Patel, inaugurated the ‘SemiconIndia 2023’ exhibition in Gandhinagar. Scheduled between July 25th and 30th, this event, organized under Prime Minister Narendra Modi’s guidance, highlights India’s advancements in the semiconductor sector.

10. Heli Summit 2023 in Khajuraho

  • The Heli Summit 2023, dedicated to helicopters and small aircraft, was launched with the theme of enhancing regional connectivity. Alongside the summit, Jyotiraditya M Scindia introduced UDAN 5.2, integrating helicopters into the program.

Policies & Rates

12. Raised EPF Interest Rates

  • The Central Government has greenlit an 8.15% interest rate on EPF deposits for 2022-23, marking an increase from the prior year’s rate.

Corporate Decisions

13. Leadership Continuity at Tata Steel

  • T V Narendran will remain the CEO & Managing Director of Tata Steel for another five-year term, following the recommendation from the company’s ‘Nomination and Remuneration Committee’.

Science Alerts

14. Warning against ‘Akira’ Ransomware

  • CERT-In has flagged a new online threat, the ‘Akira’ ransomware, known to extract vital personal data and lock data access, pressuring victims into paying ransoms.

15. ISRO’s Upcoming Launch

  • The ISRO is set to launch the PSLV-C56, carrying Singapore’s DS-SAR satellite along with six other satellites, from Sriharikota.

Literary Releases

16. “As the wheel turns” Book Release

  • Ranjit Pratap, from Rayala Corporation, unveiled his book “As the wheel turns”, chronicling his business journey. Former Vice President M. Venkaiah Naidu was present during the release.

Other Developments

17. Ladakh’s First Women’s Police Station

  • Kargil, in the Union Territory of Ladakh, has established its pioneering women-centric police station, a move aimed at strengthening women’s security.

18. India’s Cannabis Medicine Initiative

  • Jammu is leading a unique Cannabis Research Project, in partnership with Canada’s ‘IndusScan’, aiming to harness cannabis’s potential for medical applications.
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