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14 August 2026 · verified exam-relevant news
Latest digest · 14 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.
Finance 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…
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The 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…
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MSCI 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,…
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Oil 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…
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India'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…
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The 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…
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India'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…
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The 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 storyOn August 12, 2026, RBI conducted liquidity absorption operations with net liquidity absorption of ₹2,14,886 crore. Key operations included a 1-day Variable Rate Reverse Repo (VRRR) of ₹53,845 crore at 5.24%, MSF of ₹59…
Read full storyThe Reserve Bank of India (RBI) announced a 3-day Variable Rate Reverse Repo (VRRR) auction of ₹1.5 lakh crore on August 14, 2026, under the Liquidity Adjustment Facility (LAF). The auction window is from 09:30 AM to 10…
Read full storyThe Reserve Bank of India imposed a monetary penalty of ₹1.80 lakh on Valuefin India Credit Services Private Limited on August 11, 2026, for failing to obtain prior written permission for a change in shareholding exceed…
Read full storyNITI Aayog Vice Chairperson Ashok Kumar Lahiri released a report identifying 12 priority sectors to position India as a global manufacturing hub. The report emphasizes sectors with strong potential for global competitiv…
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Bank 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…
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SEBI 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 storyRBI released Draft Directions on Interest Rates on Loans and Advances, 2026, harmonizing guidelines for all regulated entities (REs) including banks, NBFCs, AIFIs, RRBs, and cooperative banks. The draft aims to ensure e…
Read full storyRBI released the Scheduled Banks' Statement of Position as on July 31, 2026, showing key banking aggregates. Total deposits of Scheduled Commercial Banks reached ₹26.94 lakh crore, up from ₹23.35 lakh crore a year ago.…
Read full storyRBI announced an Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 13, 2026, with notified amount of ₹1,00,000 crore for 1-day tenor. The auction window operates from 09:30 AM to 10:00 AM with reve…
Read full storyThe Government of India announced a conversion/switch of securities worth ₹30,000 crore (face value) via auction on August 17, 2026, conducted through RBI's e-Kuber platform. Nine source securities maturing between 2027…
Read full storyRBI's money market operations on August 11, 2026, show overnight segment volume at ₹6,04,620.57 crore with weighted average rate of 5.00%. Key operations included Variable Rate Reverse Repo auctions of ₹39,141 crore (1-…
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The Reserve Bank of India has released draft guidelines to harmonize interest rate determination methods for all regulated entities, including banks. The new framework defines internal benchmarks and loan pricing compon…
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The US Federal Reserve is expected to keep interest rates unchanged at its September meeting following two consecutive months of easing inflation data. However, persistent underlying inflation pressures mean a future ra…
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Bank deposits recorded their fastest growth in nearly a decade by July 2024, driven by NRI foreign currency deposits crossing $37 billion. Total inflows reached nearly $41 billion by July 31, while bank credit growth ac…
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SEBI has proposed allowing Foreign Portfolio Investors (FPIs) to trade in physically settled non-agricultural commodity derivatives in India, requiring settlement before the tender period. This strategic move aims to de…
Read full storyThe RBI announced an Overnight Variable Rate Reverse Repo (VRRR) auction of ₹75,000 crore on August 12, 2026, with a 1-day tenor and reversal on August 13, 2026. The auction window operates from 09:30 AM to 10:00 AM. Th…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 14 August 2026.
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