PM Modi Announced Sapt Dhara (He said lets open free coaching but first lets give lot of Current Affairs to Cramm.)

The government already has platforms such as SATHEE, which offers lectures, mock tests, 80,000+ practice questions and doubt-clearing support for examinations such as JEE, NEET, SSC, CUET and IBPS.

So, what is still missing?

Students and parents do not pay coaching institutes only for video lectures. They pay for structured timetables, regular testing, healthy competition, mentorship, doubt resolution, updated content, Revision & exam strategy and, most importantly, accountability.

There is a practical model that could work: Partner with the best coaching institutes and make their selected courses, test series and learning resources freely available through a government platform.

Tata actually has Tata Administrative Services (TAS) similar to IAS.

Set up in 1956 by JRD Tata, TAS is the Tata group’s flagship leadership development programme.

https://www.tata.com/careers/programs/tas/tas-in-house-program

I didn't know this.

The Reserve Bank of India (RBI) advanced the closure of its special USD-INR foreign exchange swap facility for FCNR(B) deposits to August 31, 2026, ending the scheme a month earlier than the original September 30 deadline due to massive inflows exceeding $52 billion.

The Reserve Bank of India has now issued final, binding directions on loan recoveries, and how the recovery agents for the lenders need to interact and engage with the borrowers. It will come in force from January 1, 2027.

RBI Grade B 2027 Course Starting from 4th October 2026 and Valid till Phase II Exam.

✅3 Course Names:-
I. All in One Current Affairs - January 2027 to December 2027 - Rs.1499/-

II. Phase I & II Mock Test, Answer Writing and GA Course - Rs. 2499/-

III. RBI Grade B 2027 Mentorship, Mock Test, GA Course - Rs.3499/- (Automatically includes above two course in it)

Registration Starts from 15th September Onwards.

But why did Government Bond yields rise?

Remember:

Bond Price ↑ → Bond Yield ↓
Bond Price ↓ → Bond Yield ↑

The article says government bond yields hardened:
10-year yield: around 6.81%, up from 6.76%
5-year yield: around 6.44%
3-year yield: around 6.35%

So, bond prices were under pressure. Why?
The article specifically points toward liquidity and demand conditions.

FCNR(B) inflows had generated liquidity that foreign banks/lenders could deploy into Indian assets, including government bonds.

If expectations of such inflows weaken:
FCNR(B) inflows/liquidity ↓
→ Liquidity available for bond investment ↓
→ Demand for Government bonds ↓
→ Bond prices ↓
→ Bond yields ↑
That is the key connection.

Bank of Baroda LBO Notification
Total Vaccancy - 2482
One year experience required as an Officer.
Apply Link - Click here

Buy PIB 360 and AffairsTap Current Affairs (2-in-1) Magazine - July 2026

Our July 2026 edition of PIB Summary, RBI Circular Magazine and AffairsTap Monthly Current Affairs Magazine are Available Now.

Link: https://www.brajeshmohan.in/p/buy-pib-summary.html

UPSC EPFO APFC Notification Short Notice Out.