Daily Current Affairs 29th July 2026

Daily Current Affairs 29th July 2026

🇮🇳 National Affairs

India becomes the world’s second-largest supplier of seafarers, contributing over 12% of the global maritime workforce, according to the latest BIMCO-ICS workforce report.

The Union Finance Ministry cautioned that a prolonged rise in global crude oil prices could increase India’s fiscal deficit, widen the current account deficit, and put pressure on inflation.

RBI is reportedly exploring the introduction of plastic currency notes as part of efforts to improve the durability and security of banknotes.

🌍 International Affairs

A powerful 7.1-magnitude earthquake struck Japan, causing casualties and prompting emergency response measures. Authorities are monitoring aftershocks and assessing damage.

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Global attention remains focused on rising geopolitical tensions in the Middle East, with concerns over their impact on energy prices and the global economy.

💼 Economy & Business

The Finance Ministry highlighted that higher oil prices could increase India’s import bill and inflation, while emphasizing continued investments in semiconductors, shipbuilding, critical minerals, and manufacturing to strengthen long-term economic growth.

🏅 Sports

Commonwealth Games 2026 (Glasgow): Indian athletes are competing in athletics, boxing, swimming, weightlifting, para sports, and lawn bowls as the country aims to add more medals to its tally.

📚 Important Day

International Tiger Day is observed every year on 29th July to raise awareness about tiger conservation and the protection of their natural habitats.

❓One-Liner GK

Q. Which country became the world’s second-largest supplier of seafarers in 2026?
Answer: India.

Q. On which date is International Tiger Day observed?
Answer: 29th July.

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Q. Which sporting event is currently being held in Glasgow?
Answer: Commonwealth Games 2026.

Q. Which ministry warned about the economic impact of rising crude oil prices?
Answer: Ministry of Finance, Government of India.

 

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