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26 August 2026 · verified exam-relevant news
Today’s digest · 26 August 2026
Curated from PIB, RBI, All India Radio and verified national sources — organised for UPSC, SSC, Banking, Railway and State-PSC revision.
24 verified current-affairs updates for major exams.
India's GDP growth slowed to 7.1% in Q1 FY25 (April-June) per a Reuters poll, driven by consumer spending and government expenditure while private investment remained weak. Rising crude oil prices pose inflation risks a…
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Gross FDI into India surged significantly in June 2024, with net FDI inflows turning positive after a previous month's outflow. This recovery signals renewed investor confidence in India's economic fundamentals. Key out…
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The United States imposed sanctions on four Indian companies and three individuals under "Operation Economic Outcast" for facilitating trade with Iran, escalating pressure on Tehran's economic lifelines. This move incre…
Read full storyThe Reserve Bank of India announced an Overnight Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on August 27, 2026, with a notified amount of ₹2,00,000 crore for a 1-day tenor. T…
Read full storyRBI conducted State Government Securities auction on August 25, 2026, for 12 securities across 6 states (Andhra Pradesh, Gujarat, Haryana, Maharashtra, Punjab, Rajasthan) with total notified amount of ₹16,600 crore. All…
Read full storyThe Reserve Bank of India released its August 2026 monthly Bulletin on August 5, 2026, containing the bi-monthly monetary policy statement from the MPC meeting held August 3-5, 2026. The 'State of the Economy' article h…
Read full storyRBI's Money Market Operations on August 24, 2026, show total overnight segment volume of ₹6,88,005.70 crore at 5.01% weighted average rate. Key LAF operations include 1-day and 7-day Variable Rate Reverse Repo auctions…
Read full storyPetroleum Minister Hardeep Singh Puri stated India's energy demand will grow 2.5 times by 2047, highlighting India's position as the world's third-largest energy and oil consumer, third-largest refiner, and fourth-large…
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RBI's State of Economy report highlights India's resilient domestic demand and strong economic activity despite broad-based food price inflation. Global risks from West Asia conflicts and US tariffs pose challenges, whi…
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The ongoing Russia-Ukraine conflict has intensified in the Black Sea region, disrupting critical shipping routes and reducing exports of sunflower oil and yellow peas. India, a major importer of both commodities, faces…
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Commerce Minister Piyush Goyal indicated India is developing a framework to exempt high-tech companies, including Japanese firms, from mandatory BIS certification for imported equipment. This move addresses concerns rai…
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Prime Minister Narendra Modi chaired the 53rd PRAGATI meeting, reviewing six major infrastructure projects across nine states with a cumulative investment exceeding Rs 30,000 crore. He emphasized timely execution and in…
Read full storyThe RBI announced a 2-day Variable Rate Reverse Repo (VRRR) auction of ₹1.75 lakh crore under the Liquidity Adjustment Facility (LAF) on August 25, 2026, with reversal on August 27, 2026. The auction window operates fro…
Read full storyThe Reserve Bank of India released the All-India House Price Index (HPI) for Q1:2026-27 with base year 2022-23, covering 18 major cities. The index rose 1.1% quarter-on-quarter to 117.5, driven by Chandigarh, Lucknow, a…
Read full storyRBI imposed a ₹2 lakh penalty on The Pragathi Co-operative Bank Limited, Karnataka on August 20, 2026, for violating Section 20 read with Section 56 of the Banking Regulation Act, 1949, and non-compliance with RBI direc…
Read full storyThe Government of India announced the re-issue of 6.94% GS 2036 dated security for a notified amount of ₹34,000 crore through RBI on August 28, 2026, with settlement on August 31, 2026. The auction will use the multiple…
Read full storyThe Reserve Bank of India imposed a monetary penalty of ₹2.50 lakh on Shri Vijay Mahantesh Co-operative Bank Limited, Hungund, Karnataka, via an order dated August 20, 2026. The penalty was levied under Section 47A(1)(c…
Read full storyOn August 23, 2026, RBI conducted LAF operations with MSF at 5.50% absorbing ₹9,531 crore and SDF at 5.00% absorbing ₹1,62,921 crore, resulting in net liquidity absorption of ₹1,53,390 crore. All money market segments (…
Read full storyThe Central Government appointed three part-time Non-official Directors — Shri Janmejaya Kumar Sinha, Shri Syed Akbaruddin, and Ms. Annie George Mathew — to the Central Board of RBI for four years effective August 24, 2…
Read full storyThe Reserve Bank of India imposed a monetary penalty of ₹1 lakh on Vikas Souharda Co-operative Bank Limited, Hosapete, Karnataka, via an order dated August 20, 2026, for non-compliance with RBI directions on 'Income Rec…
Read full storyRBI's Money Market Operations on August 21, 2026 show total overnight segment volume of ₹6,56,859.58 crore at 5.05% weighted average rate. Key operations included a 3-day Variable Rate Reverse Repo of ₹95,970 crore at 5…
Read full storyThe Government of India has lifted export restrictions on wheat flour and related products including atta, maida, and semolina through a DGFT notification with immediate effect. This policy reversal allows overseas ship…
Read full storyUnion Minister Jagat Prakash Nadda, heading the Ministry of Chemicals and Fertilisers, chaired a high-level CEO Roundtable in New Delhi and reiterated the government's target for the chemical sector to achieve a $1 tril…
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India mobilised $73 billion in foreign exchange inflows within 11 weeks, exceeding the scale and speed of the RBI's 2013 FCNR(B) swap scheme. The finance ministry highlighted this as a record pace of forex accumulation,…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 26 August 2026.
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