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20 August 2026 · exam-relevant news
Latest digest · 20 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.
India's core sector growth decelerated to 5.4% in July 2024 from 6% in June, dragged by weaker iron ore, steel, and electricity output alongside contractions in fertiliser and crude oil. Cement and coal production showe…
Read full storyIndia has relaxed rules for rupee-denominated export payments, enabling exporters to invoice and receive payments in Indian rupees or foreign currencies from non-Asian Clearing Union (ACU) countries. These rupee export…
Read full storySEBI has initiated a comprehensive review of IPO regulations for SMEs after a working group submitted its report on the SME platform. The regulator identified market making and underwriting systems as key areas requirin…
Read full storyRBI Governor Sanjay Malhotra defended the early closure of the FCNR(B) deposit scheme, calling it a data-driven and prudent calibration. The decision was prompted by stronger-than-expected dollar inflows and aims to att…
Read full storySEBI plans major trading reforms to reverse foreign capital flight from Indian equities, which has hit a 17-year low. The regulator will consult industry stakeholders before implementing changes to reduce collateral req…
Read full story[Under Section 45ZL of the Reserve Bank of India Act, 1934] The sixty second meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during August…
Read full storyReserve Bank of India (RBI) Governor Sanjay Malhotra has said he preferred to wait for greater clarity on the inflation trajectory before considering any change in the policy rate.
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 Thursday, August 20, 2026, as under: The operational guidelines for the auction as…
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 storyMinistry of Finance has said that Regional Rural Banks (RRBs) have recorded strong growth in credit delivery during the financial year 2025-26. The Ministry said the performance of RRBs under the Reserve Bank of India’s…
Read full storyCommerce and Industry Minister Piyush Goyal has highlighted the growing depth and strategic importance of the India-Japan partnership and invited Japanese businesses to deepen their investments and partnerships in India.
Read full storyThe Income Tax Department has unearthed foreign remittances worth Rs 1.29 lakh crore during a tax probe. Singapore, UAE, Hong Kong, Mauritius, and China accounted for 72.3% of total remittances, with Singapore being the…
Read full storyUnion Minister Nitin Gadkari strongly criticized consultants preparing faulty Detailed Project Reports (DPRs), linking them to 5 lakh annual road accidents and 1.8 lakh deaths in India. He announced a dual audit mechani…
Read full storyThe US Federal Reserve's July meeting minutes revealed heightened inflation concerns among policymakers, with three officials dissenting in favor of an immediate rate hike. While the Fed held rates steady, officials sig…
Read full storyCrude oil prices approached $92 per barrel on August 19 amid escalating Middle East tensions and a diplomatic deadlock between the US and Iran, with former President Trump stating no talks are underway. Analysts from Go…
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 Wednesday, August 19, 2026, as under: The operational guidelines for the auction as…
Read full storyThe result of the auction of State Government Securities held on August 18, 2026, is as under: Ajit Prasad
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 storyOil prices surged as US-Iran peace talks collapsed, with Iran adopting a fully offensive military posture and the US refusing to extend a temporary ceasefire. Shipping through the Strait of Hormuz has drastically declin…
Read full storyFour Indian private banks — Kotak Mahindra Bank, YES Bank, IDFC First Bank, and Federal Bank — are accelerating dollar bond issuances worth $1.85 billion before the RBI's swap window deadline of August 31. This follows…
Read full storyIndia plans to launch its first cargo ship voyage along the Northern Sea Route (NSR) in 2027, enhancing maritime connectivity with Russia. The Arkhangelsk region of Russia is actively discussing economic collaboration,…
Read full storyGovernment of India (GoI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹28,000 crore as per the following details: GoI will have the option to retain additional subscription up to ₹…
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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: 20 August 2026. Hindi appears where a translation is ready.
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The 20 August 2026 digest is free to read here. Monthly editions (English and Hindi) are listed only after both files pass source review.