4.5/5
Current Affairs 01st July 2026
IMPORTANT FACTS:
The Western Ghats
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Repo Rate: 5.25%
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Cash Reserve Ratio (CRR): 3.00% of (NDTL).
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Statutory Liquidity Ratio (SLR): 18.00% of NDTL.
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Standing Deposit Facility (SDF) Rate: 5.00%
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Marginal Standing Facility (MSF) Rate: 5.50%
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Bank Rate: 5.50%
1. India’s First Offshore Airport Approved in Maharashtra
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India's First Offshore Airport: Maharashtra has approved the preparation of a Detailed Project Report (DPR) for India's first offshore airport, proposed near Kore Beach in Palghar district.
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World-Class Capacity: The proposed airport will feature two parallel runways and is planned to handle 90 million passengers and 3 million metric tonnes of cargo annually, making it one of India's largest aviation hubs.
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Boost to Mumbai & Trade: The airport will serve as the third international airport for the Mumbai Metropolitan Region (MMR) and will be integrated with the Vadhavan Port, expressways, metro, and high-speed rail to strengthen connectivity and logistics.
2. People in Albania have launched the “Flamingo Revolution”
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Environmental Protest: Thousands of people in Albania launched the "Flamingo Revolution" to oppose a proposed luxury coastal resort project near the protected Vjosa–Narta Lagoon, an important habitat for flamingos and other wildlife.
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Opposition to Development: Protesters argue that the project, linked to businessman Jared Kushner, could damage sensitive ecosystems and have also raised concerns about transparency and corruption in the approval process.
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Symbol of Resistance: Flamingo-shaped placards have become the movement's symbol, and the demonstrations have expanded into broader demands for greater government accountability and environmental protection in Albania.
3. India, Saudi Arabia sign pact to deepen water management cooperation
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MoU Signed: India and Saudi Arabia signed a Memorandum of Understanding (MoU) during Saudi Water Week in Jeddah to strengthen bilateral cooperation in water resource management.
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Key Areas of Cooperation: The agreement focuses on water resources planning, sustainable water management, irrigation systems, capacity building, and the exchange of technical expertise and best practices.
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Strategic Partnership: The MoU was signed by Indian Ambassador Dr. Suhel Khan and Saudi Minister of Environment, Water and Agriculture Abdulrahman Abdulmohsen Al-Fadley, marking another step in strengthening the India–Saudi Arabia strategic partnership.
4. MoSPI Releases 2026 SDG Publications Highlighting India’s Progress under NIF
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Four SDG Publications Released: The Ministry of Statistics and Programme Implementation (MoSPI) released four key publications on Statistics Day (29 June 2026), including the SDG–National Indicator Framework (NIF) Progress Report 2026, Data Snapshot, NIF 2026 (with metadata), and the thematic bulletin "Transforming Lives: India's Achievements under the People Dimension of the SDGs."
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277 National SDG Indicators: The National Indicator Framework (NIF) 2026 comprises 277 national indicators covering all 17 Sustainable Development Goals (SDGs), serving as India's official framework for monitoring SDG progress and supporting evidence-based policymaking.
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Focus on Human Development: The thematic bulletin highlights India's achievements under the 'People' dimension of the SDGs, focusing on No Poverty (SDG 1), Zero Hunger (SDG 2), Good Health (SDG 3), Quality Education (SDG 4), and Gender Equality (SDG 5).
5. OPSA Launches TRL Compass Platform and Signs MoU with DSCI
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TRL Compass Platform Launched: The Office of the Principal Scientific Adviser (OPSA), in collaboration with the Data Security Council of India (DSCI), launched the TRL Compass Platform to standardize Technology Readiness Level (TRL) assessments across sectors using a nine-level framework adapted for India's innovation ecosystem.
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Supports National Innovation: The platform will support key initiatives such as the Anusandhan National Research Foundation (ANRF) and the Research, Development and Innovation (RDI) Fund, enabling objective and evidence-based evaluation of technologies seeking public funding.
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MoU with DSCI: OPSA and DSCI signed an MoU to collaborate on technology readiness assessments, capability mapping, Technology Radar development, assessor training, and nationwide adoption of the TRL Compass framework.
6. MCA Signs MoU with IIT Madras to Launch Corporate Mitra Scheme for MSMEs
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MoU Signed: The Ministry of Corporate Affairs (MCA) signed an MoU with IIT Madras to launch the Corporate Mitra Scheme, aimed at strengthening compliance, governance, and ease of doing business for Micro, Small and Medium Enterprises (MSMEs).
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Technology-Driven Support: Under the scheme, IIT Madras will develop AI-enabled digital tools and technology solutions to help MSMEs with regulatory compliance, corporate governance, and business advisory services.
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Boost to MSME Ecosystem: The initiative seeks to improve financial discipline, legal compliance, and sustainable growth of MSMEs while supporting India's vision of a digitally empowered and globally competitive business ecosystem.
7. PayGlocal Launches Google Pay Card Payments for Global Merchant Transaction
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Google Pay Integration: PayGlocal has launched Google Pay Card Payments on its International Payment Gateway, becoming one of the first Indian cross-border payment platforms to enable Google Pay for global transactions.
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Global Customer Reach: Indian merchants can now access over 1 billion global customers across major markets such as the United States, United Kingdom, Australia, Canada, UAE, Singapore, and Western Europe, offering one-tap payments in local currencies.
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Faster & Secure Cross-Border Payments: With Google Pay (alongside Apple Pay), merchants can provide a faster, more secure checkout experience, helping improve payment success rates, reduce cart abandonment, and boost international sales.
8. Project BRAHMANK of BRO Marks its 16th Raising Day
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16th Raising Day Celebrated: Project BRAHMANK of the Border Roads Organisation (BRO) celebrated its 16th Raising Day on 29 June 2026 at Ranaghat, Arunachal Pradesh, marking 15 years of dedicated service in developing strategic border infrastructure.
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Strategic Infrastructure Development: The project is responsible for the development and maintenance of 811 km of roads and about 86 bridges across Siang, East Siang, West Siang, Upper Siang, Shi-Yomi districts of Arunachal Pradesh, and parts of Dhemaji district in Assam.
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Major Achievements (FY 2025–26): During FY 2025–26, Project BRAHMANK completed 13 strategic bridges (390 m total span), blacktopped 61 km of roads to National Highway Double Lane (NHDL) standards, and developed helipads to improve connectivity in remote border areas.
WHAT HAPPENED TODAY
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National Doctors' Day (India) 2026:1 July 2026
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Theme:"Behind the Mask: Who Heals the Healers?"
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to commemorate both the birth (1882) and death (1962) anniversary of Bidhan Chandra Roy.
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Bidhan Chandra Roy was a renowned physician, the second Chief Minister of West Bengal, and a Bharat Ratna (1961) awardee for his contributions to medicine and public service.
Download Daily GK PDF of 01st July 2026
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