Daily Current Affairs — 5 July 2026: National Drone Summit, BPCL's Brazil Oil Deal, Bullet Train 2027 Target, Navy RIMPAC Deployment

India hosted the National Drone Summit 2026 in New Delhi on 4 July 2026, launching the country's first drone cooperative platform and announcing Advanced Skill Centres across universities, engineering colleges, polytechnics and Government ITIs to train youth in drone technology, AI, robotics and GIS.

A new faunal survey report showed India added 709 newly discovered animal species in 2025, taking the country's total documented fauna past 1,06,467 species.

The government expanded the Over-the-Counter (OTC) drug schedule to allow easier retail availability of antifungal creams, ORS (oral rehydration salts) and common analgesics without a doctor's prescription.

Bharat Petroleum Corporation Limited (BPCL) acquired a stake in Brazil's deepwater oil block BM-SEAL-11, a move expected to add about 1 million tonnes of oil equivalent (MTOE) annually to India's energy portfolio.

The Asian Development Bank (ADB) approved a USD 210 million loan to fund Karnataka's school education improvement programme.

ACME Green Molecules signed a Product Supply Agreement (PSA) with Japan's Mitsubishi Gas Chemical Company to export green methanol and ammonia, boosting India's green hydrogen derivatives trade.

Japan reaffirmed 2027 as the target year for commercial operations to begin on the Mumbai-Ahmedabad High-Speed Rail (bullet train) corridor.

The Indian Navy deployed a P-8I long-range maritime patrol and anti-submarine warfare aircraft to Pearl Harbor, Hawaii, to take part in the multinational RIMPAC 2026 naval exercise running from 24 June to 31 July 2026.