3 July 2026 Current Affairs

3 July 2026 Current Affairs | Top 20 Headlines | Daily One-Liner for Exams

Welcome to your daily current affairs update for 3  July, 2026 . This video covers all important national and international events in a crisp one-liner format – ideal for UPSC, SSC, Banking, Railways, State PCS, and other competitive exams.

• The Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) [VB-G RAM G] Act, 2025 came into effect across India from 1 July 2026 , strengthening employment generation and rural livelihood initiatives.
• India's unemployment rate declined to 3.1% in 2025 , the lowest level recorded in the past eight years, according to the National Statistics Office (NSO).
• The Government of India instructed Meta to temporarily suspend the rollout of the WhatsApp Username feature in India pending further regulatory review.
• The Ministry of Steel granted Miniratna Category-I status to MECON Limited , recognizing its strong financial and operational performance as a Central Public Sector Enterprise.
• Celebrating 90 years of public service broadcasting , Akashvani inaugurated "Swar Prerna Veethika," a permanent photo gallery dedicated to India's legendary musicians and musical heritage.
• Sunil Bharti Mittal , Founder and Chairman of Bharti Enterprises , received the 2026 Leadership Award from the US-India Strategic Partnership Forum (USISPF) for strengthening India–US economic and business relations.
• The Ministry of Tourism signed a Memorandum of Understanding (MoU) with Google India Pvt. Ltd. to improve the digital promotion and global visibility of India's tourism destinations.
• International Plastic Bag Free Day is observed every year on 3 July to promote alternatives to single-use plastic bags and encourage sustainable environmental practices.
• The Reserve Bank of India (RBI) released its Financial Stability Report (FSR) , identifying geopolitical tensions and the rapid expansion of Artificial Intelligence (AI) as emerging risks to global financial stability.
• IRDAI Chairman Ajay Seth announced the approval of two new general insurance licences following the Government's decision to permit 100% Foreign Direct Investment (FDI) in the insurance sector.
• Bank of Baroda (BoB) and Mizuho Bank of Japan entered into a strategic partnership to strengthen cooperation in cross-border financing, structured lending, mergers & acquisitions (M&A), and investment banking services.
• The Securities and Exchange Board of India (SEBI) constituted an Expert Working Group (EWG) to review and modernize the regulatory framework governing Debenture Trustees .
• The CGST Delhi South Commissionerate celebrated GST Day 2026 under the theme "सुगम कर व्यवस्था, सशक्त राष्ट्र" (Simple Tax System, Strong Nation).
• IRDAI granted a Certificate of Registration to Prudential HCL Health Insurance Limited , enabling it to operate as a Standalone Health Insurance (SAHI) Company in India.
• Punjab & Sind Bank marked its 119th Foundation Day by launching new digital banking services, customer-focused initiatives, and a renewed Vision and Mission Statement.
• SBI Life Insurance signed an MoU with IIT Bombay to establish the "Bharat AI & Cyber Innovation Hub for Insurance," promoting research in Artificial Intelligence and cybersecurity for the insurance sector.
• Anupam Misra assumed charge as the Chairman and Managing Director (CMD) of Hindustan Copper Limited (HCL).
• Mediterranean Shipping Company (MSC) Group announced plans to acquire a 49% stake in Adani Vizhinjam Port Pvt. Ltd. for USD 1.397 billion , subject to regulatory approvals.
• The Competition Commission of India (CCI) approved the acquisition of seven Special Purpose Vehicles (SPVs) by Anantam Highways Trust (InvIT) along with the issuance of InvIT units to key infrastructure investors.
• The Directorate General of Civil Aviation (DGCA) successfully conducted India's first Satellite-Based Landing System (SLS) approach on a commercial IndiGo Airbus A320 at Maharana Pratap Airport, Udaipur , marking a major advancement in aviation technology.
• Renowned theatre personality, actor, and director Vijaya Mehta , affectionately known as "Bai," passed away at the age of 92 , leaving behind an extraordinary legacy in Indian theatre and cinema.