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14 August 2026 · exam-relevant news
Latest digest · 14 August 2026
AI summaries of PIB, RBI, All India Radio and national newspaper reports, organised for UPSC, SSC, Banking, Railway and State-PSC revision. Every story links to its source.
24 current-affairs updates for major exams.
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹20,200 Crore (Face Value). The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Ku…
Read full storyThe Reserve Bank of India (RBI) has, by an order dated August 14, 2026, imposed a monetary penalty of ₹59.20 lakh (Rupees Fifty-Nine lakh twenty thousand only) on IndusInd Bank Limited (the bank) for non-compliance with…
Read full storyOn a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Monday, August 17, 2026, as under: The operational guidelines for the auction as gi…
Read full story@ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL). - Not Applicable / No Transaction. @@ Relates to uncollateralized transactions of 15 days to one year tenor. $ Includes refinance fa…
Read full storyIndia's foreign exchange reserves surged by $14.1 billion to reach $707 billion, the highest level in the current fiscal year. The increase was driven by a $9.9 billion rise in foreign currency assets and a $3.9 billion…
Read full storyThe government is actively considering a single-window clearance system for the space sector to streamline approvals across multiple departments. This inter-ministerial platform aims to reduce regulatory bottlenecks and…
Read full storyCrisil projects India's GDP growth to slow to 6.6% in FY25, down from 8.2% in FY24. Despite this, foreign portfolio investor inflows surged in July 2024, improving financial conditions. Systemic liquidity surplus widene…
Read full storyIndia's wholesale inflation eased to 9.8% in July due to declining energy prices, while retail inflation rose to 4.5% with food inflation hitting a 19-month high. The divergence between WPI and CPI trends highlights sup…
Read full storyThe New Development Bank (NDB) announced a $7.5 billion investment plan for India, focusing on local currency financing through a rupee bond program. This initiative aims to strengthen India's domestic capital markets a…
Read full storyFinance Minister Nirmala Sitharaman highlighted the PM Internship Scheme's role in bridging India's skill gap by aligning youth capabilities with industry needs. The scheme, under the Ministry of Corporate Affairs, was…
Read full storyThe article analyzes India's economic transformation through statistical indicators, highlighting rising per capita income, services sector dominance, and growing global trade integration. It underscores persistent chal…
Read full storyMSCI announced quarterly index rebalancing effective August 31, adding Lenskart Solutions, Adani Energy Solutions, Groww, and one more stock to the MSCI India Standard Index while removing Astral, Balkrishna Industries,…
Read full storyOil prices rose on Friday after the U.S. threatened an indefinite naval blockade against Iran, escalating supply fears in the Strait of Hormuz. Two ships were attacked in the strait the previous evening, heightening geo…
Read full storyIndia's merchandise exports surged to a record $44.2 billion in July 2024, propelled by strong engineering and electronics shipments. Despite a widening trade deficit due to higher imports, exports to West Asia recovere…
Read full storyThe Comptroller and Auditor General (CAG) flagged 1,902 tax assessment lapses with a tax effect of Rs 25,085 crore, primarily involving incorrect tax rates and faulty income computations. Most lapses occurred in the 201…
Read full storyIndia's fertilizer subsidy model faces strain as global supply disruptions and the Russia-Ukraine war have doubled urea procurement costs. The government is piloting a new nutrient-based distribution system to curb exce…
Read full storyThe Comptroller and Auditor General (CAG) reported that government debt servicing remains sustainable with loan accumulation growing slower than GDP expansion. However, significant irregularities worth ₹603 crore were i…
Read full story@ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL). - Not Applicable / No Transaction. @@ Relates to uncollateralized transactions of 15 days to one year tenor. $ Includes refinance fa…
Read full storyOn a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, August 14, 2026, as under: The operational guidelines for the auction as gi…
Read full storyThe Reserve Bank of India (RBI) has, by an order dated August 11, 2026, imposed a monetary penalty of ₹1.80 lakh (Rupees One Lakh and Eighty Thousand only) on Valuefin India Credit Services Private Limited (the company)…
Read full storyVice Chairperson of NITI Aayog, Ashok Kumar Lahiri today released a report titled Key Sectors to Position India as a Global Manufacturing Hub. The report highlights 12 priority sectors that hold strong potential for glo…
Read full storyBank of Baroda successfully raised $700 million through its first overseas dollar bond issuance since 2019, offering three-year and five-year tenors. The issue witnessed strong investor demand, enabling the bank to tigh…
Read full storySEBI has proposed lowering the asset threshold for accredited investors to Rs 5 crore for individuals and Rs 20 crore for body corporates, aiming to expand participation in alternative investment funds. The regulator ha…
Read full storyIn pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated August 05, 2026, the Reserve Bank of India has today issued the Draft Reserve Bank of India (Interest Rates on Loans…
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Exam-relevant stories with MCQ-ready key points, summarised by AI from PIB, RBI, All India Radio and national newspapers. Edition: 14 August 2026. Hindi appears where a translation is ready.
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The 14 August 2026 digest is free to read here. Monthly editions (English and Hindi) are listed only after both files pass source review.