Banking and RBI
Forex reserves at US$ 672.59 billion as on 19 June 2026
26 June 2026 | Reserve Bank of India
The RBI's Weekly Statistical Supplement of 26 June 2026 shows total foreign exchange reserves at US$ 672,587 million (Rs 63,46,007 crore) as on 19 June 2026, up US$ 963 million over the week, but down US$ 18,520 million from end-March 2026.
Foreign currency assets were US$ 541,217 million (down US$ 3,072 million over the week) and gold US$ 107,930 million (up US$ 4,110 million). SDRs stood at US$ 18,647 million and the Reserve Position in the IMF at US$ 4,793 million.
Key facts- Total reserves: US$ 672,587 mn (19 June), up US$ 963 mn on the week
- Foreign currency assets: US$ 541,217 mn
- Gold: US$ 107,930 mn, up US$ 4,110 mn
- Change since end-March 2026: down US$ 18,520 mn
Exam takeaway: The weekly rise came from gold valuation, while foreign currency assets fell.
Quick revision: India's forex reserves US$ 672.59 bn on 19 June 2026 (RBI WSS).
Reserve Bank of India original sourceGovernment Schemes
Jan Vishwas Act, 2026: reforms operationalised for Drugs and Cosmetics Act and FSS Act
26 June 2026 | Press Information Bureau
PIB said the Government operationalised key reforms under the Jan Vishwas Act, 2026 relating to the Drugs and Cosmetics Act, 1940 and the Food Safety and Standards Act, 2006, to enhance trust-based governance, reduce compliance burden and ensure proportionate enforcement. Certain minor and technical violations are decriminalised and criminal proceedings replaced with administrative penalties.
Section 29 of the Drugs and Cosmetics Act, 1940, which prescribed a penalty of up to Rs 1 lakh for using a Government Analyst's report in advertising a drug or cosmetic, has been omitted. Violations on low-risk cosmetics, such as minor quality failures or labelling errors, come under an administrative penalty framework, while offences involving spurious or adulterated cosmetics remain stringently covered.
Key facts- Law: Jan Vishwas Act, 2026 (amends Drugs and Cosmetics Act, 1940 and FSS Act, 2006)
- Section 29, D&C Act omitted (penalty up to Rs 1 lakh)
- Low-risk cosmetics: administrative penalty framework
- Spurious or adulterated cosmetics: stringent provisions remain
Exam takeaway: Jan Vishwas laws decriminalise minor offences to improve ease of doing business.
Quick revision: Jan Vishwas Act, 2026 reforms operationalised for D&C and FSS Acts (PIB, 26 June).
Press Information Bureau original source