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Current Affairs 08th July 2026
IMPORTANT FACTS
FIFA World Cup 2026
Hosted : USA, Canada, and Mexico.
Feature : 48 teams.
Total Matches : 104
Held Across : 16 host cities
opening Match : Mexico vs South Africa.
The Official Anthem : "Dai Dai."
1. NPCI’s Dilip Asbe Appointed to SWIFT Global Supervisory Board
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Dilip Asbe has been appointed to the Supervisory Board of SWIFT. He becomes one of the key representatives overseeing the governance of the global financial messaging system.
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SWIFT is a Belgium-based global financial messaging network connecting over 11,000 financial institutions worldwide. It enables secure and standardized cross-border financial transactions.
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NPCI develops and operates major payment platforms such as UPI, RuPay, IMPS, BHIM, FASTag, and NACH, enabling fast, secure, and interoperable digital payments across India.
2. PM Modi Becomes First Indian Prime Minister to Address Indonesian Parliament
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Narendra Modi became the first Indian Prime Minister to address the People's Representative Council of Indonesia. The address marked a new chapter in India–Indonesia parliamentary relations.
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Indonesia is the world's largest archipelagic country, comprising over 17,000 islands. Its capital is Jakarta, while Nusantara is being developed as the new capital.
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Indonesia is a founding member of ASEAN, and it has the largest Muslim population in the world. The country's official currency is the Indonesian Rupiah (IDR).
3. MoSPI Releases Report on Index of Services Production (ISP) with Base Year 2024–25
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Ministry of Statistics and Programme Implementation released the Index of Services Production (ISP) with Base Year 2024–25. The index measures changes in the output of India's services sector.
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ISP provides high-frequency data to track the performance of major service industries. It helps policymakers and economists assess economic growth more accurately.
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Ministry of Statistics and Programme Implementation (MoSPI) is the nodal ministry responsible for collecting, compiling, and publishing official statistical data in India. It conducts major surveys and releases key economic indicators such as GDP, CPI, IIP, and national accounts.
4. Kamarajar Port Becomes India’s Second Major Port with 18-Metre Draft Capability
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Kamarajar Port has become India's second major port to achieve an 18-metre draft. The deeper draft allows the port to handle larger cargo vessels.
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Increased draft capacity enhances cargo handling efficiency and lowers shipping costs. It strengthens India's maritime trade and logistics infrastructure.
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Kamarajar Port, formerly Ennore Port, is India's first corporatized major port. It is located near Chennai in Tamil Nadu.
5. India Bags 20 Medals at Under-20 Asian Wrestling Championships
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Under-20 Asian Wrestling Championships saw India win 20 medals across different wrestling categories. The tally reflects India's growing strength in junior wrestling.
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Indian wrestlers secured medals in freestyle, women's wrestling, and Greco-Roman events. Several young athletes delivered impressive performances.
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The achievement showcases India's strong talent pipeline for future international competitions. It also strengthens preparations for upcoming world championships and the Olympics.
6. Nepal’s Jestha Varna Mahavihar Receives 2025 UNESCO Asia-Pacific Heritage Award
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Jestha Varna Mahavihar received the 2025 UNESCO Asia-Pacific Heritage Award. The award recognizes excellence in heritage conservation.
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United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations established in 1945. Its headquarters is in Paris.
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India has 44 UNESCO World Heritage Sites (as of 2026), making it one of the countries with the highest number of World Heritage Sites globally.
7. IIM-B First to Establish Its Overseas Campus in Indonesia
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Indian Institute of Management Bangalore became the first IIM to establish an overseas campus in Indonesia. The move marks a significant step in the global expansion of Indian management education.
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The campus aims to strengthen academic collaboration, executive education, and research between India and Southeast Asia. It will also support industry partnerships in the region.
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The initiative enhances India's educational diplomacy and global academic presence. It also aligns with India's Act East Policy.
8. DeepSeek Developing In-House AI Chip to Reduce Reliance on Nvidia, Huawei
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DeepSeek is developing its own AI chip to reduce dependence on external suppliers. The company aims to strengthen control over its AI infrastructure.
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DeepSeek is a Chinese AI startup founded in 2023 by Liang Wenfeng. It gained global attention for developing high-performance AI models at comparatively lower cost.
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OpenAI (USA) developed ChatGPT, launched in 2022. It is one of the world's most widely used generative AI chatbots.
WHAT HAPPENED TODAY
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Parliamentary Affairs Minister Kiren Rijiju pays tribute to former PM Chandrashekhar on his death anniversary
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He was involved in politics from his student days when he was known as a firebrand leader with the fervour of a revolutionary. He was attracted to socialism and influenced by Dr. Ram Manohar Lohia.
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