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6 August 2026 · verified exam-relevant news
Latest digest · 6 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.
A Parliamentary panel has recommended the Commerce Department to create a time-bound roadmap for the Mission 500 initiative, which aims to more than double India-US bilateral trade to $500 billion by 2030. The panel emp…
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In June 2024, Indian firms raised $6.07 billion via external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), with 140 companies accessing global markets. Key borrowers included Shriram Finan…
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The government raised ₹31,552 crore through LIC's Offer for Sale, increasing public ownership to 10% ahead of schedule. The issue saw strong demand with non-retail investors subscribing over 3 times their allocation on…
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External Affairs Minister S. Jaishankar emphasized Africa as a priority partner for India, stating its due place is essential for a multipolar world order. He reiterated India's commitment to strengthening ties with the…
Read full storyThe Reserve Bank of India's Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, concluded its three-day meeting and announced the bi-monthly monetary policy review today at 10 AM in Mumbai. This decisi…
Read full storyThe Reserve Bank of India released results of eight forward-looking surveys including Urban/Rural Consumer Confidence Surveys (July 2026), Inflation Expectations Survey of Households (July 2026), 101st round of Survey o…
Read full storyThe Reserve Bank of India has released draft guidelines for 'on tap' licensing of Urban Co-operative Banks (UCBs) for public consultation, with comments invited until September 5, 2026. This move aims to streamline and…
Read full storyRBI announced a 4-day Variable Rate Reverse Repo (VRRR) auction of ₹1.5 lakh crore on August 6, 2026, with reversal on August 10, 2026. The auction window operates from 9:30 AM to 10:00 AM under LAF. This liquidity abso…
Read full storyThe Reserve Bank of India released monthly data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB), and Rupee Denominated Bonds (RDB) for June 2026, covering both Automatic and Approval r…
Read full storyRBI's Money Market Operations on August 4, 2026, show total overnight segment volume of ₹6,32,200.47 crore at a weighted average rate of 4.90%. Triparty Repo dominated with ₹4,36,898.60 crore volume. RBI conducted MSF o…
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India's services sector growth hit a 53-month low in July 2024 as per S&P Global PMI data, with the Services PMI falling to 52.5 from 60.5 in June. New business orders weakened across domestic and export markets, while…
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The Reserve Bank of India (RBI) is set to introduce a principle-based framework to standardize interest rate rules across all regulated entities, aiming to enhance transparency and uniformity in lending practices. Gover…
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NITI Aayog has recommended a national caregiving framework to address India's rapidly ageing population, proposing regulation of caregiving standards, financial incentives for caregivers, and care leave for employees wi…
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The government has mandated that foreign-invested e-commerce firms must register as exporter-on-record for inventory-based exports. These entities can only procure and stock goods against confirmed export orders, with s…
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SEBI proposed allowing publicly-listed REITs and InvITs to raise foreign capital through depository receipts (DRs), enabling trading in foreign currency on international exchanges. Privately-listed InvITs are excluded f…
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Indian equity markets witnessed profit-booking after Monday's rally as investors await the RBI's monetary policy decision on Wednesday. BSE, Bharti Airtel, and Nykaa reported strong Q1FY25 earnings with significant prof…
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NABARD cancelled its ₹8,000 crore bond issuance after investors demanded higher yields, reflecting heightened risk aversion in the primary debt market. The withdrawal signals tightening liquidity conditions and cautious…
Read full storyRBI's Money Market Operations on August 3, 2026, show total overnight segment volume of ₹6,56,420.66 crore at a weighted average rate of 4.96%. Triparty Repo dominated with ₹4,62,245.85 crore volume. In LAF operations,…
Read full storyThe Reserve Bank of India conducted the auction of State Government Securities (SGS) on August 4, 2026, for 12 state loans across 8 states with a total notified amount of ₹9,300 crore. The auction saw strong investor de…
Read full storyThe Reserve Bank of India has extended the Directions imposed on The Pusad Urban Co-operative Bank Ltd., Pusad, Maharashtra, for a further period of three months from close of business on August 07, 2026, to close of bu…
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The government has introduced a new bill aimed at attracting foreign investment and boosting manufacturing by easing regulations for offshore funds and global fund managers operating from India. It extends tax exemption…
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The government is moving to restore Merchant Discount Rate (MDR) on UPI merchant payments through parliamentary amendments, enabling banks to charge fees on person-to-merchant transactions. The Reserve Bank of India wil…
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The Centre announced an Offer for Sale (OFS) to dilute its stake in Life Insurance Corporation of India (LIC), opening for non-retail investors on Tuesday and retail investors on Wednesday. The divestment comprises a ba…
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Keyur Majmudar highlights that RBI's FCNR(B) reforms could attract over $20 billion in foreign inflows, emphasizing India's structural growth themes and the role of alternative investments in NRI portfolios. The reforms…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 6 August 2026.
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