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7 September 2026 · exam-relevant news
Latest digest · 7 September 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 Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) through General Permission and Special Permissio…
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 Tuesday, September 08, 2026, as under: The operational guidelines for the auction a…
Read full storyData on sectoral deployment of credit by non-banking financial companies (NBFCs) for the month of July 2026, collected from major NBFCs and housing finance companies (HFCs), are set out in the Statement1.
Read full storyThe Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Nasik Jilha Mahila Vikas Sahakari Bank Ltd., Nasik, vide Directive No.CO.DOS.SED.No.S6690/12-22-1…
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 storyCommerce Minister Piyush Goyal inaugurated Pharma Mach Tech and Labnext Expo 2026 in New Delhi, urging the pharmaceutical industry to leverage Free Trade Agreement (FTA) opportunities to strengthen India's position as t…
Read full storyIMF Deputy Managing Director Nigel Clark met Finance Minister Nirmala Sitharaman in New Delhi and acknowledged India's economic resilience, growth track record, and government efforts for fiscal consolidation following…
Read full storyThe United Kingdom has officially recognised India's carbon credit scheme under its Carbon Border Adjustment Mechanism (CBAM). This recognition enables UK importers of eligible Indian goods covered under CBAM to seek ca…
Read full storyThe Ministry of Statistics and Programme Implementation (MoSPI) has defended its revised GDP series methodology, highlighting double deflation as a key improvement for accurate value addition measurement. The revisions…
Read full storyThe United Kingdom has officially recognized India's carbon credit trading scheme, enabling Indian exporters to avoid double taxation on carbon-intensive goods. British importers can now claim carbon price relief under…
Read full storyFinance Minister Nirmala Sitharaman reviewed BRICS Finance Track outcomes and preparations for the upcoming BRICS Finance Ministers and Central Bank Governors meeting scheduled for September in Mumbai. The meeting prece…
Read full storyIndian companies filed $7.70 billion in external commercial borrowing (ECB) proposals in July 2024, a 27% month-on-month increase, following RBI's easing of the ECB framework earlier in 2024. The central bank raised the…
Read full storyFinance Minister Nirmala Sitharaman met IMF Deputy Managing Director Nigel Clarke on Monday to review India-IMF relations and discuss India's economic outlook. The IMF acknowledged India's pivotal role in SARTTAC and pr…
Read full storySEBI has relaxed compliance norms for Foreign Portfolio Investors (FPIs) that invest exclusively in government securities, eliminating the requirement to disclose investor group details. This change aligns with the RBI'…
Read full storySEBI has extended the compliance deadline for existing Angel Funds to meet the accredited investor mandate until March 31, 2027. During this transition period, these funds are restricted from offering investment opportu…
Read full storyOil prices surged on Monday after the US struck three Iranian oil tankers, prompting Iran to retaliate by targeting US vessels. This escalation in the Strait of Hormuz has disrupted shipping, with vessel traffic droppin…
Read full storyThe Reserve Bank of India conducted a 30-day variable rate reverse repo operation to absorb excess liquidity from the banking system, which may support government bond prices. However, gains could be limited by elevated…
Read full storyOn September 7, U.S. forces struck three Iranian oil tankers near Kharg Island in the Strait of Hormuz, escalating tensions in the critical oil transit chokepoint. This military action triggered a sharp rise in crude oi…
Read full storyIndia secured $1 billion from the International Finance Corporation (IFC) to provide long-term credit to MSMEs through banks and financial institutions. The facility offers loans up to seven years, addressing a critical…
Read full storyThe RBI faces a liquidity surplus driven by strong FCNR(B) inflows and is conducting a variable rate reverse repo auction to absorb excess funds. This operation will signal the central bank's future liquidity management…
Read full storyIndia has emerged as a critical diesel supplier to Europe, accounting for 60% of diesel transiting the Bab-el-Mandeb strait. This shift occurs as Russian diesel exports remain severely constrained by sanctions and US sh…
Read full storyIndia's foreign exchange reserves reached a record high of $740.8 billion by end-August 2024, strengthening the rupee against the US dollar. This surge enhances liquidity coverage for public sector banks, potentially bo…
Read full storyOn a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Monday, September 07, 2026, as under: The operational guidelines for the auctio…
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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: 7 September 2026. Hindi appears where a translation is ready.
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The 7 September 2026 digest is free to read here. Monthly editions (English and Hindi) are listed only after both files pass source review.