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Daily Current Affairs – 11 July, 2026

    India–Oman Bilateral Relations

    Context

  • Recently, the External Affairs Minister of India met his Omani counterpart in Muscat and held discussions on various facets of the cooperation between the two countries.

    • About India-Oman Relations

  • The Sultanate of Oman is a strategic partner of India and an important interlocutor at the Gulf Cooperation Council (GCC), Arab League, and Indian Ocean Rim Association (IORA) fora.
  • India and Oman have a historic, multi-dimensional and strategically important relationship.
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    India and the United Kingdom Comprehensive Economic and Trade Agreement (CETA)

    Context

  • India and the United Kingdom announced that the Comprehensive Economic and Trade Agreement (CETA) will enter into force on 15th July 2026.

    • Background

  • The India–UK FTA negotiations were formally launched in 2022, as part of efforts to deepen economic cooperation and boost bilateral trade.
  • Following fourteen intensive rounds of negotiations, CETA was concluded in May 2025 and officially signed on 24 July 2025.
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    Crackdown on Cybercrime

    Context

  • The Ministry of Home Affairs (MHA) has informed the Prime Minister about measures taken to combat rising cyber fraud in the country.

    • What is Cybercrime?

  • Cyber crime is the use of digital technologies such as computers and the internet to commit criminal activities.
  • These cases are financial fraud (credit card fraud, online transaction fraud), crime against women and children with regard to sexually explicit material, and deep fake content etc.
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    World Intangible Investment Report 2026

    In News

  • The World Intangible Investment Report 2026, launched by World Intellectual Property Organization and Luiss Business School, reaffirms India’s emergence as a global innovation powerhouse.

    • Intangible assets

  • They are non-tangible assets like organisational know-how, research and development (R&D), software, databases, brands, design and intellectual property (IP).
  • Unlike physical assets like factories and machinery, their value is in knowledge and innovation.
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    Centre Defends E20 Rollout

    Context

  • The Petroleum and Natural Gas Ministry issued clarification defending the Ethanol Blended Petrol (EBP) Programme.

    • Ethanol

  • It can be produced from sugarcane, maize, wheat, etc which are having high starch content.
  • In India, ethanol is mainly produced from sugarcane molasses by fermentation process.
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    Centre Amends Drugs Rules to Regulate High-alcohol Medicinal Formulations

    Context

  • The Central Government has amended the Drugs Rules, 1945, to strengthen the regulation of High Alcohol-Containing Drug Formulations.

    • Regulation of Drugs in India

  • The Central Drugs Standard Control Organization (CDSCO) headed by the Drugs Controller General (India) is the Central Authority for regulating the quality of drugs marketed in the country under the Drugs and Cosmetics Act, 1940 and Rules thereunder.
  • The import, manufacture, distribution and sale of Drugs, Cosmetics and Medical Devices in the country are regulated under the provisions of the Drugs and Cosmetics Act, 1940 & Rules made under the Drugs Rules, 1945, Medical Devices Rules, 2017, New Drugs & Clinical Trials Rules, 2019 and Cosmetics Rules, 2020.
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    News In Short 11-07-2026

    In News 

  • Danish pharmaceutical giant Novo Nordisk launched its weekly insulin shot(icodec) in India , making blood sugar control easier and more convenient for Indian diabetics.

    • Historical Evolution of insulin

  • Prior to 1921, Type 1 diabetes (T1D) was almost universally fatal with treatment consisting of severe calorie restriction and fasting.
  • Early insulin was derived from pig and cow pancreases.
    • Read More
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