Current Affairs for July 26-27, 2026

Union Cabinet Clears ₹3,030-Crore 'Bhavya Rasayan Scheme': The Union Cabinet officially approved the Bhavya Rasayan Scheme with a financial layout of ₹3,030 crore covering FY 2026-27 to FY 2030-31. Aimed at accelerating domestic chemical manufacturing, the program allocates ₹3,000 crore to construct three world-class, plug-and-play chemical industrial parks across 2,000-acre non-conflict sites (with ₹1,000 crore central support per park and ₹500 crore state participation) and ₹30 crore for administrative oversight.

Indian Judo Athletes Suspended by NADA Ahead of Glasgow CWG 2026: In a major setback for Indian sports, Indian judoka Arun Kumar (73 kg category, Haryana) was provisionally suspended and dropped from the Glasgow Commonwealth Games squad after failing a NADA drug test for prohibited anabolic steroids. Additionally, 2022 CWG silver medalist Tulika Maan (78 kg category, New Delhi) was removed from the roster due to three whereabouts failures and missed out-of-competition tests within 12 months in violation of WADA compliance rules.

47th Kargil Vijay Diwas Celebrated Nationwide (July 26): India commemorated the 47th Kargil Vijay Diwas to honor the martyrdom and victory of the Indian Armed Forces in re-capturing strategic heights along the Line of Control (LOC) in Ladakh during the 1999 Kargil War. The successful military campaigns—spearheaded by the Indian Army's Operation Vijay and the Indian Air Force's Operation Safed Sagar—concluded on July 26, 1999.

President Droupadi Murmu Honored With 'Doctor Honoris Causa' in Romania: During her state visit to Romania, President Droupadi Murmu was conferred with the prestigious Honorary Doctorate degree, Doctor Honoris Causa, by the Bucharest University of Economic Studies. The honor recognized her ongoing diplomatic contributions toward strengthening India-Romania bilateral trade, academic exchanges, and doubled ITEC technical training slots.

CRPF Observes 88th Raising Day (July 27): The Central Reserve Police Force (CRPF) observed its 88th Raising Day on July 27, 2026. Functioning under the Ministry of Home Affairs as India's premier internal security paramilitary force, it was originally constituted in 1939 as the Crown Representative's Police before being formally renamed under the CRPF Act of 1949.

Ministry of Home Affairs Orders Removal of 'Bitchaat' Messaging App: Acting on directives from the Indian Cyber Crime Coordination Centre (I4C), the MHA ordered GitHub and app repositories to remove Bitchaat, an open-source, Bluetooth-based peer-to-peer messaging application. Lacking requirements for SIM registration, phone numbers, internet connectivity, or central servers, the app's 30–100 meter offline mesh communication protocol was flagged as a severe national security and counter-terrorism monitoring risk.

Ganga River Electric Boat Conversion Pilot Project Launched in Varanasi: To eliminate river pollution and reduce carbon emissions along the sacred ghats, the central government initiated the Electric Boat Conversion Pilot Project at Namo Ghat in Varanasi, Uttar Pradesh. Under Phase 1, traditional diesel-operated passenger boats are being retrofitted with 15 kW electric outboard motors, onboard chargers, and GPS systems capable of three round-trips between Assi Ghat and Namo Ghat per charge.

Cabinet Sanctions Strict Anti-Paper Leak Amendments to 2024 Act: The Union Cabinet approved a new anti-paper leak bill amending the Public Examination (Prevention of Unfair Means) Act, 2024. The revised legal framework significantly raises penalties for paper leaks—increasing general prison sentences from 3–5 years to 5–10 years with fines up to ₹50 lakh, while organized syndicate offenses will carry a minimum 7-year jail term (up to life) and a ₹10-crore fine.

Andhra Pradesh Partners With PNB for India's First Quantum Finance Hub: Punjab National Bank (PNB) partnered with the Government of Andhra Pradesh to establish India's 1st Bank-Led Quantum Finance Hub inside the Amaravati Quantum Valley. Tapping into high-speed quantum computing, the research center will focus on developing ultra-secure banking encryption, real-time algorithmic fraud detection, and advanced financial risk management models.

SBI Named 'World's Best Consumer Bank 2026' by Global Finance Magazine: State Bank of India (SBI) was named the World's Best Consumer Bank 2026 by New York-based Global Finance Magazine in its annual World's Best Bank Awards. Led by Chairman Challa Sreenivasulu Setty, SBI was recognized for its extensive digital banking reach, last-mile financial inclusion efforts, and customer-centric service delivery across India.

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