1. International day against drug abuse and illicit trafficking is being observed today across the globe .The theme of this year is – Global Action for the Health; Communities Without Drugs.
2. Finance Minister Pranab Mukherjee today submitted his resignation to Prime Minister Dr. Manmohan Singh at his residence. 
3. Sarabjit Singh, the Indian death row prisoner in Pakistan get President Asif Ali Zardari granting him mercy and commuting his death sentence to life imprisonment. 
4. Union Minister for Small, Micro and Medium Industries handed over his resignation to Prime Minister Manmohan Singh on Tuesday in the wake of a Himachal Pradesh court framing corruption charges against him.
5. Gujarat High Court asks state government to expedite recovery of sales tax deferral liability worth over 6,400 crore rupees from Essar Oil.
6. Having secured the Olympic berth in the men’s team event, India narrowly lost to hosts US under gusty wind conditions in Ogden (USA) to settle for a silver medal and conclude their campaign in the Archery World Cup Stage III.
7. Coca-Cola Chief Executive Officer, Muhtar Kent, today announced that his company would invest $5 billion in the country between 2012 and 2020.
8. Govt has decided to charge 8 percent of gross revenue as licence fee from all telecom service providers across all categories and services from 2013-14.
9. Sania Mirza was on Tuesday awarded a wild card entry into the women’s doubles event of the London Olympics, ending suspense over her participation in the event and also making her eligible to compete in the mixed doubles competition in which India is hopeful of winning a medal.
10. The ICC’s CEC has recommended mandatory use of the controversial DRS in Tests and one-dayers — a move which will set it on collision course with cricket’s financial powerhouse India, adamantly opposed to the innovation.
11. Senior Congress leader and sitting Rajya Sabha member P J Kurien, Joy Abraham (Kerala Congress-Mani)were elected to Rajya Sabha from Kerala.
12. Reserve Bank’s measures to stem the rupee fall received mixed reactions with PMEAC Chairman C Rangarajan saying the steps will attract capital inflows and will have an impact on the currency while India Inc termed the steps as minimal.