Daily Current Affairs 29 July 2026
Daily current affairs for 29 July 2026 — 9 verified news items across National, Environment, Economy & more, with exam-angle notes, keywords and practice MCQs.
In this digest · 9 items
National
Lok Sabha Debates Anti-Paper Leak Bill Amid Opposition Criticism

During the Monsoon Session of Parliament in July 2026, the Lok Sabha debated the Public Examinations (Amendment) Bill aimed at curbing paper leaks in exams. The government and Opposition clashed over the bill, with Opposition MPs arguing that the proposed punishments were insufficient deterrents. The debate also saw demands for accountability regarding the use of force on protestors during the Chief Justice of India’s Parliament March. Additionally, VCK MP Thol. Thirumavalavan called for the abolition of the NEET exam and the dismantling of the National Testing Agency. Meanwhile, the Rajya Sabha was adjourned for the seventh day without addressing major business.
Source The Hindu
Practice MCQs
Q1 What was the main focus of the Public Examinations (Amendment) Bill debated in the Lok Sabha in July 2026?
- ATo introduce a new national entrance exam
- BTo curb paper leaks in public examinationsCorrect
- CTo abolish the NEET exam
- DTo dismantle the National Testing Agency
Explanation The bill debated in the Lok Sabha aimed at curbing paper leaks in public examinations.
Q2 Which demand was made by VCK MP Thol. Thirumavalavan during the Parliament debate?
- AIncrease punishment for paper leak offenders
- BAbolition of the NEET exam and dismantling of the National Testing AgencyCorrect
- CIntroduction of a new education policy
- DAccountability for the use of force on protestors
Explanation Thol. Thirumavalavan demanded the abolition of the NEET exam and dismantling of the National Testing Agency.
Q3 What was the status of the Rajya Sabha during the Monsoon Session as per the reports?
- APassed the Public Examinations Amendment Bill
- BDebated the NEET exam abolition
- CAdjourned for the seventh day without major businessCorrect
- DDiscussed the use of force on protestors
Explanation The Rajya Sabha was adjourned for the seventh day without taking up any major agenda.
Environment
IMD Warns of Extreme Rain as Deep Depression Hits Odisha-West Bengal Coasts

The India Meteorological Department (IMD) has issued warnings of extreme rainfall due to a deep depression over the Odisha and West Bengal coasts. This weather system has caused heavy rain across several states including Maharashtra, Odisha, Goa, Andhra Pradesh, Karnataka, and West Bengal. The monsoon has shown signs of resurgence, reducing the all-India cumulative rainfall deficit to 15% as of late July 2026. However, floods in Assam have resulted in 68 deaths and caused property damage worth hundreds of crores.
Source BusinessLine
Practice MCQs
Q1 Which weather phenomenon did the IMD warn about over the Odisha-West Bengal coasts in July 2026?
- ACyclone
- BDeep DepressionCorrect
- CThunderstorm
- DHeatwave
Explanation The IMD warned of a deep depression over the Odisha-West Bengal coasts causing extreme rainfall.
Q2 As of late July 2026, what was the all-India cumulative rainfall deficit reported by the IMD?
- A5%
- B10%
- C15%Correct
- D20%
Explanation The all-India cumulative rainfall deficit was down to 15% as of late July 2026.
Q3 Which state experienced floods causing 68 deaths and property damage worth hundreds of crores?
- AOdisha
- BWest Bengal
- CAssamCorrect
- DMaharashtra
Explanation Floods in Assam claimed 68 lives and caused significant property damage.
Economy
Air India Turnaround May Take Up to a Decade, Says Tata Sons Chairman

Tata Sons Chairman N. Chandrasekaran stated that the revival of Air India could take between five to ten years. This comes amid the airline's deepening losses, which more than doubled in FY26. The airline, India's second largest, is currently facing challenges including airspace closures, increased fuel costs due to the West Asia conflict, and repercussions from a deadly plane crash last year.
Source BusinessLine
Practice MCQs
Q1 According to Tata Sons Chairman N. Chandrasekaran, how long could the turnaround of Air India take?
- A1 to 2 years
- B3 to 4 years
- C5 to 10 yearsCorrect
- DMore than 15 years
Explanation N. Chandrasekaran stated that rebuilding Air India is a five- to ten-year journey.
Q2 Which of the following challenges is NOT mentioned as affecting Air India's current situation?
- AAirspace closures
- BHigher fuel costs due to West Asia conflict
- CFallout from a deadly plane crash last year
- DLabor strikes in IndiaCorrect
Explanation Labor strikes in India are not mentioned; the other three are cited as challenges.
Q3 What happened to Air India's losses in FY26 according to the reports?
- AThey remained stable
- BThey decreased slightly
- CThey more than doubledCorrect
- DThey were completely eliminated
Explanation The losses of Air India more than doubled in FY26.
VST invests ₹100 crore to open Global Tech Centre in Hosur

VST Tillers Tractors has invested ₹100 crore to establish a Global Tech Centre in Hosur. The centre aims to accelerate innovation and enhance research and development capabilities, focusing on new generation farm mechanization equipment powered by both internal combustion engine (ICE) and electric vehicle (EV) technologies. A ground-breaking ceremony for the centre has been conducted, marking the beginning of this significant project.
Source The Hindu
Practice MCQs
Q1 What is the primary focus of the new Global Tech Centre set up by VST in Hosur?
- ADeveloping software for IT companies
- BInnovation in farm mechanization equipment powered by ICE and EV technologiesCorrect
- CManufacturing automotive parts
- DTraining farmers in organic farming
Explanation The centre focuses on accelerating innovation and testing for farm mechanization equipment powered by both ICE and EV technologies.
Q2 How much has VST invested to establish the Global Tech Centre in Hosur?
- A₹50 crore
- B₹75 crore
- C₹100 croreCorrect
- D₹150 crore
Explanation VST has invested ₹100 crore to set up the Global Tech Centre in Hosur.
Q3 Which of the following activities will the Global Tech Centre in Hosur promote?
- ALab and field testing of new farm mechanization equipmentCorrect
- BExport of tractors
- CRetail sales of agricultural products
- DTraining in financial management
Explanation The centre will promote lab and field testing for new generation farm mechanization equipment.
Indian Rupee Appreciates Sharply Against US Dollar in July 2026

In late July 2026, the Indian rupee showed significant appreciation against the US dollar, rising from 96.28 to 95.64 within a few days. The rupee gained 28 paise to 96.25 on July 27 morning, surged 61 paise to settle at 95.92 later that day, and further appreciated by 54 paise to close at 95.99 on July 27. On July 28, it rose 35 paise in early trade to 95.64 and settled at 95.88 after gaining 11 paise. Forex traders attributed the rupee's strength to a firm trend in domestic equities and weakness in the US dollar against major currencies.
Source The Hindu
Practice MCQs
Q1 What was the closing value of the Indian rupee against the US dollar on July 27, 2026?
- A96.25
- B95.92
- C95.99Correct
- D95.64
Explanation On July 27, the rupee appreciated by 54 paise to close at 95.99 against the US dollar.
Q2 Which factor was cited by Forex traders as supporting the Indian rupee's appreciation?
- AIncrease in crude oil prices
- BFirm trend in domestic equitiesCorrect
- CRise in US dollar strength
- DGovernment intervention in forex market
Explanation Forex traders attributed the rupee's strength to a firm trend in domestic equities and weakness in the US dollar.
Q3 What was the rupee's value against the US dollar in early trade on July 28, 2026?
- A95.75
- B95.64Correct
- C95.88
- D96.18
Explanation On July 28, the rupee opened at 95.75 and gained further to trade at 95.64 against the US dollar in early trade.
Nandita Sinha appointed CEO of Swiggy Instamart amid quick commerce competition

Nandita Sinha, former CEO of Myntra, will take over as CEO of Swiggy Instamart from August 3, replacing Amitesh Kumar Jha. Swiggy aims to leverage her extensive experience in consumer internet and retail sectors, including roles at HUL, Britannia, Flipkart, and Myntra, to strengthen Instamart's position in the intensifying quick commerce market competing with Blinkit, Zepto, Amazon, and Flipkart.
Source Livemint
Practice MCQs
Q1 Who is set to become the new CEO of Swiggy Instamart from August 3?
- AAmitesh Kumar Jha
- BNandita SinhaCorrect
- CBlinkit CEO
- DZepto CEO
Explanation Nandita Sinha, former Myntra CEO, will take over as CEO of Swiggy Instamart from August 3, replacing Amitesh Kumar Jha.
Q2 Which sector is Nandita Sinha experienced in, relevant to her new role at Swiggy Instamart?
- AConsumer internet and retailCorrect
- BAutomobile manufacturing
- CPharmaceuticals
- DBanking and finance
Explanation Nandita Sinha has extensive experience in consumer internet and retail sectors, including roles at HUL, Britannia, Flipkart, and Myntra.
Q3 Which companies are Swiggy Instamart competing with in the quick commerce market?
- ABlinkit, Zepto, Amazon, and FlipkartCorrect
- BMyntra, HUL, Britannia, and Flipkart
- CAmazon, Flipkart, Myntra, and HUL
- DBritannia, Zepto, Blinkit, and Myntra
Explanation Swiggy Instamart is competing with Blinkit, Zepto, Amazon, and Flipkart in the quick commerce market.
International
13 Indian Sailors Trapped on Vessel at Ukraine’s Chornomorsk Port Amid Drone Attacks

Thirteen Indian sailors are stranded on the vessel M.V. AMIR1 docked at the Ukrainian port of Chornomorsk. The crew of 15 members, including the Indian seafarers, is facing a life-threatening situation due to repeated drone and missile attacks in the vicinity. The Federation of Seafarers' Unions of India (FSUI) has urged for their immediate evacuation as the crew lives under constant fear of a direct hit at any moment.
Source Livemint
Practice MCQs
Q1 Where are the 13 Indian sailors stranded amid drone attacks?
- APort of Chornomorsk, UkraineCorrect
- BPort of Mumbai, India
- CPort of Odessa, Ukraine
- DPort of Colombo, Sri Lanka
Explanation The sailors are stranded on the vessel M.V. AMIR1 docked at the Ukrainian port of Chornomorsk.
Q2 What is the name of the vessel on which the Indian sailors are trapped?
- AM.V. AMIR1Correct
- BM.V. CHORNOMORSK
- CM.V. BLACK SEA
- DM.V. INDIAN OCEAN
Explanation The vessel is named M.V. AMIR1, currently docked at Chornomorsk port.
Q3 Which organization has urged for the immediate evacuation of the Indian sailors?
- AFederation of Seafarers' Unions of India (FSUI)Correct
- BIndian Navy
- CInternational Maritime Organization
- DUnited Nations
Explanation The FSUI has posted on social media urging immediate evacuation due to the life-threatening situation.
Iran Proposes Temporary Strait of Hormuz Deal with Oman Amid Tensions

On July 29, 2026, Iran proposed a temporary deal with Oman regarding the Strait of Hormuz, a critical global energy chokepoint. This proposal comes amid heightened tensions involving Iran, the United States, and Israel, following months of conflict. Iran warned that if the deal is rejected, the waterway will remain shut, impacting commercial shipping through one of the world's busiest maritime routes.
Source Livemint
Practice MCQs
Q1 What did Iran propose to Oman regarding the Strait of Hormuz in July 2026?
- AA permanent military alliance
- BA temporary deal to manage the waterwayCorrect
- CJoint oil exploration rights
- DClosure of the waterway indefinitely
Explanation Iran proposed a temporary deal with Oman concerning the Strait of Hormuz.
Q2 What warning did Iran issue if the proposed deal with Oman is rejected?
- AThe waterway will be expanded
- BThe waterway will remain shutCorrect
- CIncreased commercial shipping will be allowed
- DThe waterway will be handed over to the United States
Explanation Iran warned that the Strait of Hormuz will remain shut if the deal is rejected.
Q3 Which countries are involved in the heightened tensions mentioned in the proposal?
- AIran, Oman, and Saudi Arabia
- BIran, United States, and IsraelCorrect
- COman, United States, and Russia
- DIran, Israel, and China
Explanation The tensions involve Iran, the United States, and Israel.
Banking
City Union Bank Q1 Profit Rises 25% to ₹383 Crore on NII Growth

City Union Bank reported a 25% increase in its Q1 net profit, reaching ₹383 crore, driven by growth in net interest income (NII). The bank's CEO, Vijay Anandh, stated that the bank is on track for 20% business growth in the fiscal year 2026-27. Meanwhile, Canara Bank, a state-owned lender, saw a 2% rise in its Q1 profit with a 13.39% increase in net interest income to ₹10,215 crore and total income rising 4.26% to ₹39,684 crore.
Source BusinessLine
Practice MCQs
Q1 By what percentage did City Union Bank's Q1 net profit increase?
- A15%
- B25%Correct
- C35%
- D45%
Explanation City Union Bank's Q1 net profit rose by 25% to ₹383 crore.
Q2 What is the projected business growth for City Union Bank in FY27 as stated by CEO Vijay Anandh?
- A10%
- B15%
- C20%Correct
- D25%
Explanation CEO Vijay Anandh stated that City Union Bank is on track for 20% business growth in FY27.
Q3 What was the percentage increase in Canara Bank's net interest income in Q1?
- A10.25%
- B12.50%
- C13.39%Correct
- D15.00%
Explanation Canara Bank's net interest income rose by 13.39% to ₹10,215 crore in Q1.
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