Banking and RBI
RBI announces 3-day VRR auction of Rs 75,000 crore on 27 July 2026
24 July 2026 | Reserve Bank of India
The RBI said it would conduct a 3-day Variable Rate Repo (VRR) auction on Monday, 27 July 2026, for a notified amount of Rs 75,000 crore, with reversal on Thursday, 30 July 2026.
The window is 9:30 AM to 10:00 AM.
Key facts- Notified amount: Rs 75,000 crore
- Tenor: 3 days
- Auction date announced: 27 July 2026
- Reversal: 30 July 2026
Exam takeaway: A Monday 3-day VRR ends on Thursday.
Quick revision: 3-day VRR of Rs 75,000 crore announced for 27 July (RBI).
Reserve Bank of India original sourceGovernment Schemes
Cabinet approves BHAVYA Rasayan Scheme for three chemical parks, Rs 3,030 crore
24 July 2026 | Press Information Bureau
PIB said the Union Cabinet approved the Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) Scheme to establish three dedicated chemical parks. The scheme was announced in the Union Budget for FY 2026-27.
Total outlay is Rs 3,030 crore, of which Rs 3,000 crore is for common infrastructure facilities and basic utilities inside the parks and Rs 30 crore for administrative expenditure. The Cabinet briefing says the scheme runs 5 years, supports up to Rs 1,000 crore per park and follows a plug-and-play model.
Key facts- Outlay: Rs 3,030 crore
- Parks: three dedicated chemical parks
- Support: up to Rs 1,000 crore per park
- Duration: 5 years (Cabinet briefing)
Exam takeaway: BHAVYA Rasayan builds chemical parks to raise Atmanirbharta in chemicals.
Quick revision: BHAVYA Rasayan: Rs 3,030 crore, three chemical parks (PIB, 24 July 2026).
Press Information Bureau original sourceGovernment Schemes
CCEA approves Ballari-Guntakal 3rd and 4th line, Rs 1,264 crore
24 July 2026 | Press Information Bureau
PIB said the CCEA approved the 3rd and 4th line of the Ballari-Guntakal section in Karnataka and Andhra Pradesh at a total cost of about Rs 1,264 crore, to be completed up to 2028-29. The project is planned on the PM-Gati Shakti National Master Plan.
It adds about 46 km to the Indian Railways network, covers 3 districts and improves connectivity to about 99 villages, and will add freight traffic of 16.22 MTPA.
Key facts- Cost: Rs 1,264 crore
- Length: about 46 km
- Completion: up to 2028-29
- Additional freight: 16.22 MTPA
Exam takeaway: Multi-tracking projects are planned under PM-Gati Shakti.
Quick revision: Ballari-Guntakal 3rd and 4th line approved (PIB, 24 July 2026).
Press Information Bureau original source