Daily Bulletin

On the 78th Chartered Accountants Day, Vice-President Shri C. P. Radhakrishnan launched two digital initiatives of the Institute of Chartered Accountants of India (ICAI): the Peer Review Board (PRB) Web Portal and the ICAI Jan Utsav Portal. During the event in New Delhi, the Vice-President urged Chartered Accountants to support local enterprises by developing expertise on products identified under the One District One Product (ODOP) initiative.

The Viksit Bharat – Guarantee for Rozgar and Aajeevika Mission (Gramin) [VB-G RAM G] Act, 2025, came into force across India on July 1, 2026, providing a statutory entitlement of 125 days of guaranteed wage employment to eligible rural households. Coinciding with the rollout, the government notified revised wage rates, ensuring no daily wage is below ₹300 and increasing the national average wage by over 10% to ₹327.4 per day. An interim allocation of ₹95,692.31 crore has been released to States and UTs to support the implementation.

Union Ministers Shri Shivraj Singh Chouhan and Shri Kiren Rijiju, along with Arunachal Pradesh Chief Minister Shri Pema Khandu, conducted an extensive survey of flood-hit areas in the state, including Keyi Panyor district. Following the inspection, Shri Chouhan chaired a high-level review meeting in Itanagar, directing an expedited and comprehensive assessment of damage to homes, crops, and livestock for providing timely relief.

The Supreme Court of India has laid down new guidelines for the computation of the annual income of motor accident victims for the purpose of awarding compensation. The directive aims to establish a uniform and equitable framework for Motor Accident Claims Tribunals across the country, standardising the assessment process to ensure consistency in compensation.

Gujarat Chief Minister Shri Bhupendrabhai Patel launched two state-wide initiatives: the 'Namo Swachhata Abhiyan' and the 'Amritpan Abhiyan'. The former is a cleanliness campaign to enhance public hygiene and sanitation, while the latter aims to ensure the availability of safe drinking water for all citizens across the state.

Union Minister of State for Personnel, Dr. Jitendra Singh, inaugurated the 52nd Advanced Professional Programme in Public Administration (APPPA) at the Indian Institute of Public Administration (IIPA) in New Delhi. In his address, Dr. Singh called for the continuous revamping of teaching curricula for civil servants and stressed the importance of faculty diversity and institutional collaboration to meet contemporary administrative challenges.

The Delhi government has digitised over 32,000 enumeration forms under its Socio-economic Information Registry (SIR) initiative as of July 1, 2026. This digitisation drive is part of a larger effort to create a robust, real-time database of residents to improve the targeting and delivery of social welfare schemes in the national capital.

The Supreme Court of India resolved an 18-year-old land acquisition dispute in Greater Noida, providing relief to 16 families. The court exempted their residential plots from acquisition, acknowledging their long-term occupation under judicial protection, while allowing the larger infrastructure project to proceed.

The Union Government has initiated a new eviction process against the Delhi Gymkhana Club under the Public Premises (Eviction of Unauthorised Occupants) Act, 1971. A notice issued on June 29, 2026, requires the club to submit its response by July 7, failing which the proceedings may be decided ex parte.

The Appointments Committee of the Cabinet has approved a one-year extension of tenure for Foreign Secretary Shri Vikram Misri. His term will now continue until July 2027, a decision aimed at ensuring continuity in India's diplomatic leadership amid key global engagements.

The West Bengal government plans to reintroduce air-conditioned trams in Kolkata, with a proposed new route potentially connecting the Dakshineswar and Kalighat temples. The government has entrusted RITES, a public sector undertaking, with conducting a survey for the expansion of the tram network, which was first introduced in the city in 1873.

Five engineers of the Surat Municipal Corporation have been suspended following the Gujarat High Court's intervention regarding the demolition of over 100 homes in the Nasirnagar area. The court questioned the drive after it was alleged that the action was conducted without any formal orders being issued, highlighting judicial scrutiny over administrative procedures.

The Ministry of Electronics and Information Technology (MeitY) has issued a notice to Meta over WhatsApp's new 'username' feature, citing risks of increased fraud and impersonation. The government has sought a detailed response within three days and directed the company to halt the rollout until consultations are concluded to its satisfaction.

A rebel faction of the Trinamool Congress (TMC), led by Ritabrata Banerjee, is set to meet the Election Commission of India (ECI) to stake its claim over the party's name and electoral symbol. This initiates a formal dispute under the Election Symbols (Reservation and Allotment) Order, 1968, which empowers the ECI to adjudicate on such intra-party conflicts.

The Union government has assured comprehensive support to Arunachal Pradesh following devastating floods and landslides that have claimed four lives and affected over 90,000 people. According to the State Emergency Operation Centre, the disaster has impacted 251 villages, prompting a coordinated disaster management response.

The Special Investigation Team (SIT) investigating alleged financial irregularities in donations for the Ram Temple has been granted a 15-day extension. The extension will allow the SIT to expand its probe into the alleged embezzlement and determine if systemic failures contributed to the misconduct.

The Central Government has initiated eviction proceedings against the Delhi Gymkhana Club, citing the "wholly unauthorised and illegal" occupation of the premises following the termination of its land lease. In its petition to the Estate Officer, the government also highlighted the strategic importance of the club's location as a key factor in its decision.

The Delhi High Court has ordered social media platforms to remove defamatory and AI-manipulated content targeting Rajya Sabha MP Raghav Chadha. The directive was issued in response to a petition filed by Mr. Chadha against the circulation of malicious material, addressing the growing challenge of regulating AI-generated disinformation against public figures.

Sachin Ahir has been unanimously elected as the Deputy Chairman of the Maharashtra Legislative Council after the Mahavikas Aghadi (MVA) coalition's candidate withdrew his nomination. Mr. Ahir's election is politically significant, as he recently shifted allegiance from the Shiv Sena faction led by Uddhav Thackeray to the one headed by Chief Minister Eknath Shinde.

The Central Bureau of Investigation (CBI) has arrested suspended Indian Administrative Service (IAS) officer Pardeep Kumar in connection with a ₹504 crore fraud case in Haryana. He is accused of involvement in embezzling funds from state government accounts at IDFC Bank, resulting in a loss of ₹169 crore to the exchequer. The arrest was made hours before the officer's scheduled retirement.

Shri Anupam Misra assumed charge as the Chairman and Managing Director of Hindustan Copper Limited (HCL) on July 1, 2026. A management professional with over 33 years of experience, Shri Misra previously served as Director (Marketing) at Fertilisers and Chemicals Travancore Limited (FACT). His appointment is aimed at accelerating HCL's growth and strengthening its role in ensuring India's copper and critical mineral security.

The Competition Commission of India (CCI) has approved the acquisition of 100% shareholding of Royal Challengers Sports Private Ltd., the entity operating the Royal Challengers Bengaluru cricket franchise. The acquisition will be carried out by a consortium of investors that includes Big Banyan Holdings Pte. Ltd., Bolt IPL Holdings LLC, Times Internet Limited, and an entity controlled by funds affiliated with Blackstone Inc.

The Ministry of Textiles' Indiahandmade digital platform is directly connecting over 3,900 artisans and weavers with national buyers, eliminating intermediaries to boost their income. The platform, developed by the Digital India Corporation, lists more than 21,000 handcrafted and handloom products and ensures that the entire sale proceeds are credited directly to the artisans' bank accounts.

The Competition Commission of India (CCI) has approved the acquisition of certain shares in Krazybee Services Limited and Finnovation Tech Solutions Private Limited by Mars Equity Dragon Fund VCC. Krazybee is an RBI-registered Non-Banking Financial Institution, while Finnovation operates the 'KreditBee' mobile application for loan and payment services.

The Competition Commission of India (CCI) has sanctioned a combination involving the Anantam Highways Trust, a SEBI-registered Infrastructure Investment Trust (InvIT). The approval allows the InvIT to acquire the shareholding of seven special purpose vehicles engaged in highway projects, with units of the InvIT being issued to Build India Infrastructure Fund, Dilip Buildcon Limited, and DBL Infraventures Pvt. Ltd.

The Competition Commission of India (CCI) has granted approval for the acquisition of a certain shareholding in Nippon Life India AIF Management Limited by DWS Group GmbH & Co. KGaA, a global asset manager. The target company acts as an investment manager for SEBI-registered Alternative Investment Funds (AIFs).

On the 9th GST Day, Maharashtra Chief Minister Shri Devendra Fadnavis stated that the state remains the highest GST contributor, receiving nearly ₹1.87 lakh crore as its share in FY 2025-26. He described the Goods and Services Tax (GST) Council as a prime example of cooperative federalism and credited the GST Network (GSTN) as the key technological enabler of the 'One Nation, One Tax, One Market' reform.

In observance of GST Day 2026, the CGST Delhi South Commissionerate organised GST Pakhwada 2026 under the theme “सुगम कर व्यवस्था, सशक्त राष्ट्र” (Simple Tax System, Strong Nation). The initiative included a stakeholder outreach and grievance-redressal session named ‘Samvad’, which was attended by various trade associations and representatives from the embassies of Iraq and Singapore.

The Reserve Bank of India (RBI) has announced the appointment of Shri Ravi Shankar as its new Executive Director. The specific departments and responsibilities to be overseen by Shri Shankar in his senior management role are yet to be detailed.

The Union Government has approved two major highway projects in Delhi and Uttar Pradesh with a combined value of approximately ₹14,000 crore. One key project is the construction of an 8.1-kilometre, six-lane road tunnel on National Highway-148AE in Delhi, with a capital cost exceeding ₹6,969 crore, to connect the Dwarka Expressway with Nelson Mandela Marg in Vasant Kunj.

The Indian Rupee depreciated by 57 paise to close at 95.24 against the US dollar on July 1, 2026. This significant movement in the foreign exchange market reflects the impact of prevailing global economic cues and domestic market sentiment.

Indian stock markets recorded substantial gains, with the BSE Sensex rising by 444 points. In a significant market development, the NSE Nifty 50 index closed above the 24,000 mark for the first time, indicating strong investor confidence.

Union Commerce and Industry Minister Shri Piyush Goyal met with Mr. Ahmed Hassan, Head of Asset Strategy at A.P. Moller – Maersk Group, on July 1, 2026. The discussion focused on strategic measures for strengthening India's maritime sector, highlighting the government's efforts to collaborate with global logistics leaders to enhance the nation's port and shipping capabilities.

The Indian Rupee depreciated significantly by 57 paise to close at 95.24 against the US dollar on July 1, 2026. A weaker rupee increases the cost of imports, including crude oil and other essential commodities, reflecting prevailing global financial conditions and domestic macroeconomic factors.

Indian equity markets registered strong gains on July 1, 2026, with the BSE Sensex rising by 444 points. In a significant milestone, the NSE Nifty 50 index closed above the 24,000 mark for the first time, reflecting positive investor sentiment driven by domestic economic indicators and global market trends.

In the Indian bullion market on July 1, 2026, gold prices increased by 0.5%, while silver prices registered a marginal decline of 0.1%. The divergent trends for the two precious metals reflect the prevailing investor sentiment and market dynamics.

Union Finance Minister Smt. Nirmala Sitharaman has commenced an official four-day visit to France aimed at deepening strategic economic ties. The agenda includes high-level discussions to enhance bilateral financial cooperation and one-on-one meetings with global Chief Executive Officers to explore investment opportunities in India.

A joint whitepaper by Grant Thornton Bharat and the Policy Watch India Foundation has recommended reducing the Goods and Services Tax (GST) on smartphones priced below ₹25,000 to 5%. The proposal aims to enhance affordability and promote digital penetration by re-examining the existing GST framework for mobile devices.

The Union Cabinet has approved the construction of an 8.1-kilometre, six-lane road tunnel to connect the Dwarka Expressway with Vasant Kunj in Delhi. The project, part of National Highway-148AE, will be developed under the hybrid annuity mode (HAM) with a completion timeline of five years, aiming to improve regional connectivity.

Private fuel retailer Nayara Energy has reduced its petrol and diesel prices, effective July 1, 2026, cutting petrol by ₹5 per litre and diesel by ₹3 per litre. The company cited easing geopolitical tensions and softening global Brent crude prices as reasons for the revision across its network of over 7,000 fuel stations.

The Union Cabinet has approved the construction of an 8.1-kilometre, six-lane road tunnel in Dwarka, Delhi, as part of National Highway-148AE. The project will be executed under the hybrid annuity mode (HAM), a public-private partnership model, with a completion timeline of five years, and is intended to alleviate traffic congestion in the region.

A report based on the 2025 Periodic Labour Force Survey (PLFS) by the National Statistics Office (NSO) indicates a negative correlation between the share of manufacturing employment and wages in India's million-plus cities. Cities like Ludhiana and Surat, where manufacturing's employment share exceeds 50%, report some of the lowest hourly wages. Conversely, Navi Mumbai, with a manufacturing share of only 13%, records the highest wages, posing a challenge to making manufacturing careers more financially attractive.

The Ministry of Civil Aviation has approved India's first private Point-in-Space (PinS) Instrument Approach Procedure for helicopter operations at Undavalli Heliport. Developed by the Airports Authority of India (AAI) and approved by the Directorate General of Civil Aviation (DGCA), the satellite-based navigation system enables precise helicopter approaches in adverse weather, particularly at locations lacking conventional ground-based infrastructure.

The government marked the 11th anniversary of the Digital India mission on July 1, 2026, highlighting its achievements in fostering a digitally empowered society. Official discussions focused on the transformations driven by the mission in key areas such as Artificial Intelligence, semiconductors, and digital public infrastructure, and outlined a future roadmap for the programme.

The Government of Maharashtra announced it will establish an expert committee to formulate Standard Operating Procedures (SOPs) for the use of AI-powered smart glasses. The move, announced in the state assembly, is a response to legislative concerns over the privacy and regulatory implications of the emerging technology and marks a proactive step in governing new-age digital devices.

The Delhi government has instituted a permanent anti-pollution plan for every winter, mandating a 50% work-from-home policy for employees to curb vehicular pollution. This measure will be automatically enforced annually and remain in effect until January 31 as part of a comprehensive strategy to mitigate severe air quality issues in the capital.

Two Maharashtra Police personnel were arrested in Chhattisgarh's Kanker district for the illegal possession of tiger skins. A subsequent search also led to the recovery of pangolin scales, indicating their potential involvement in a wider wildlife trafficking network that violates the Wildlife (Protection) Act, 1972.

The India Meteorological Department (IMD) has issued a red alert for Mumbai, Thane, and Palghar districts, forecasting extremely heavy rainfall until July 1, 2026. The intense downpour has caused significant waterlogging in several areas, including Andheri and Worli, leading to the overflow of Powai lake.

Torrential monsoon rains in Himachal Pradesh have triggered landslides and flood-like conditions, resulting in the death of a woman in the Mandi district who was struck by a falling boulder. The incident underscores the heightened vulnerability of the Himalayan state to natural disasters during the monsoon season.

India and the European Union have advanced cooperation on sustainable ship recycling, with three Indian yards now ready for recognition under the EU Ship Recycling Regulation. According to UNCTAD estimates, India's global market share in the sector increased from 30.1% in 2024 to 35.4% in 2025, recycling 2.99 million gross tons (GT) of ships. The EU has proposed establishing a Joint Working Group to facilitate coordination and support the regulatory compliance process for Indian yards.

On the 11th anniversary of the Digital India initiative, it was announced that Greece has become the 10th nation to adopt India's Unified Payments Interface (UPI). This adoption expands the global footprint of India's digital public infrastructure, which currently processes nearly 49% of the world's total real-time payment transactions, making it the largest such system globally.

Indian Naval Ships Tarkash and Ikshak concluded a port call at Port Victoria, Seychelles, after participating in the nation's National Day and Golden Jubilee celebrations. A marching contingent from INS Tarkash participated in the National Day Parade, which was attended by the Prime Minister of India as the Guest of Honour. The deployment aligns with the Government's MAHASAGAR vision to strengthen maritime cooperation in the Indian Ocean Region.

A two-day Human Resource Mobility Forum, organised by the Ministry of External Affairs and inaugurated by External Affairs Minister Dr. S. Jaishankar, concluded in New Delhi. The forum served as a platform to discuss strategies for enhancing safe, legal, and orderly mobility for the Indian workforce globally and strengthening international partnerships to protect their interests.

The Ministry of External Affairs (MEA) concluded a two-day Human Resource Mobility Forum in New Delhi on July 1, 2026. Inaugurated by External Affairs Minister Dr. S. Jaishankar, the forum served as a platform to discuss strategies and frameworks for facilitating the safe, orderly, and legal international mobility of Indian professionals and workers.

Japanese Prime Minister Ms. Sanae Takaichi arrived in New Delhi for her first official visit to India, scheduled from July 1 to 3, 2026. The visit, at the invitation of Prime Minister Shri Narendra Modi, will include the 16th India-Japan annual summit. Discussions are expected to focus on deepening the India-Japan Special Strategic and Global Partnership and advancing stability in the Indo-Pacific region.

A group of prominent citizens from India and Pakistan has formally urged the Prime Ministers of both countries to take substantive steps towards restoring peace and dialogue. The joint letter calls for the resumption of diplomatic engagement to address longstanding issues, eliciting diverse reactions from across the political spectrum in India.

Ireland, upon commencing its presidency of the European Union, has affirmed that India is one of the EU's most important strategic partners. The statement comes as both sides aim to conclude negotiations and sign a landmark free trade agreement (FTA) by December 2026, which remains a key priority for the bilateral relationship.

The Government of India has strongly condemned the demolition of the historic 125-year-old Gurdwara Singh Sabha in Farooqabad, Pakistan. The Ministry of External Affairs described the reports as 'deplorable' and 'not isolated', highlighting serious concerns regarding the safety and security of minority communities and their religious sites in Pakistan.

India and Pakistan conducted their semi-annual exchange of lists of civilian prisoners and fishermen in each other's custody, in accordance with the 2008 Agreement on Consular Access. As part of the diplomatic exercise, New Delhi formally requested consular access from Islamabad for 13 Indian nationals currently imprisoned in Pakistan.

United States Senator Steve Daines underscored the high level of trust in U.S.-India relations, contrasting it with security concerns regarding China. He noted his comfort in carrying his personal phone in Delhi, a precaution he avoids in Beijing, highlighting a significant geopolitical distinction in security protocols and strategic alignment between the two democracies.

A recent United States Supreme Court order has affirmed the principle of birthright citizenship, a ruling expected to significantly benefit the Indian diaspora. Chief Justice John Roberts clarified that U.S. citizenship is determined by the place of birth, irrespective of the parents' immigration status, thereby providing legal security to children born in the U.S. to non-citizen parents.

The Poshan Tracker application, developed under Mission Poshan 2.0, is digitally transforming nutrition service delivery, connecting over 13.30 lakh Anganwadi workers with 8.93 crore beneficiaries as of May 2026. The platform facilitates real-time monitoring of services for pregnant women, lactating mothers, and children, with 99.89% of beneficiaries being Aadhaar verified, thereby improving transparency and efficiency.

Union Health Minister Shri Jagat Prakash Nadda chaired a high-level meeting to review dengue preparedness in Delhi, emphasizing proactive measures and hospital readiness. The minister highlighted the national 'Octalogue' strategy, which rests on eight pillars including surveillance and vector management, and called for greater community participation through the 'Jan Chetna through Jan Bhagidari' initiative.

In a review of the TB Mukt Bharat Abhiyaan in Delhi, Union Health Minister Shri Jagat Prakash Nadda announced support for more handheld X-ray machines integrated with Artificial Intelligence (AI) to improve early diagnosis. He noted that AI-driven vulnerability mapping has identified 38 high-risk wards in the city, and under the Abhiyaan, 1.75 lakh TB patients have been notified following extensive screening.

The Government of Odisha has ordered the withdrawal of school textbooks following the discovery of major factual errors, including the misidentification of an image of the Hampi stone chariot as the wheel of Odisha's Konark Sun Temple. The state's intervention was prompted by reports from teachers about numerous inaccuracies in the educational content.

Activist and innovator Sonam Wangchuk began a hunger strike at Jantar Mantar in New Delhi on June 28, demanding the resignation of Union Education Minister Dharmendra Pradhan. The protest is in response to alleged irregularities and the paper leak in the NEET-UG examination, highlighting the persistent public demand for accountability and systemic reform.

Air Marshal PV Shivanand, AVSM VM, assumed the appointment of Air Officer Commanding-in-Chief of the South Western Air Command on July 1, 2026. An alumnus of the National Defence Academy, he was commissioned into the fighter stream of the Indian Air Force in December 1988. He succeeds Air Marshal Tejinder Singh, who has been appointed as the Chief of Integrated Defence Staff to the Chairman Chiefs of Staff Committee (CISC).

Air Marshal Jasvir Singh Mann, AVSM, VSM, took command as the Air Officer Commanding-in-Chief of the Southern Air Command on July 1, 2026. Commissioned in the fighter stream in December 1989, he is a Pilot Attack Instructor with over 3000 hours of flying experience on various aircraft, including the Rafale. He succeeds Air Marshal Manish Khanna, who superannuated on June 30, 2026.

As part of its 90th-anniversary celebrations, Akashvani inaugurated ‘Swar Prerna Veethika’, a dedicated photo gallery at Akashvani Bhavan, New Delhi, to honour legendary musicians. The gallery was inaugurated by Padma Vibhushan Pt. Hariprasad Chaurasia on July 1, 2026, with the first phase showcasing portraits of 20 distinguished artists, including Bharat Ratna awardees Vidushi M.S. Subbulakshmi and Pt. Ravi Shankar.

Indian cricketer Ishan Kishan has attained the rank of the world's Number one T20 International batter in the latest official rankings. He surpassed fellow Indian cricketer Abhishek Sharma to claim the top position, a recognition of his recent outstanding performances in the format.