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28 August 2026 · verified exam-relevant news
Latest digest · 28 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.
FSSAI has proposed mandatory front-of-pack red pictorial warnings for food products high in fat, sugar, and salt (HFSS) through an affidavit filed in the Supreme Court. The initiative aims to provide simple, prominent,…
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India's industrial output grew 6.7% in July 2024, driven by manufacturing (7.3%) and electricity (8.7%) sectors. Consumer durables hit an eight-month high while capital goods showed significant growth, signaling strong…
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The Centre launched the PARIVARTAN scheme targeting replacement of 2 lakh old trucks and buses in Delhi-NCR within a year to combat air pollution. The scheme offers interest savings, tax waivers, and purchase incentives…
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SEBI is considering new regulations for SME public offerings, including mandatory institutional investor quotas, higher listing size thresholds, and stricter profitability criteria. These proposed changes aim to curb fu…
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India and Canada agreed to fast-track bilateral investment treaty negotiations and explore cross-border payment system collaborations, including expanding UPI usage in Canada. Both nations aim to strengthen critical min…
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Delhi Police arrested a 25-year-old man and his 21-year-old wife for allegedly operating as sleeper agents for Pakistan's ISI espionage network. The couple was tasked with providing logistical support, recruiting indivi…
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The Centre has liberalised defence export norms by allowing exporters to self-generate a one-time authorisation for multiple consignments, eliminating the need for separate approvals per batch. Licence validity has been…
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The Centre's assurance that existing e-KYC verified job cards remain valid until new Gramin Rozgar Guarantee Cards are issued highlights ongoing implementation challenges in MGNREGA. With 57 lakh active workers awaiting…
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SEBI has proposed exempting select listed companies from mandatory merchant banker appointments for small-value debt private placements. Eligible issuers must be regulated, listed for over a year, hold strong credit rat…
Read full storyPM Modi participated in Khelo India Dialogue on Aug 27, 2026, unveiling a comprehensive sports vision from Red Fort on Independence Day. He highlighted India's absence in nearly half of Olympic disciplines, citing only…
Read full storyThe Reserve Bank of India (RBI) announced a 3-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on August 28, 2026, to absorb surplus liquidity. The notified amount is ₹3,00,000…
Read full storyRBI imposed directions on The Citizens Co-operative Bank Ltd., Jammu under Section 35A read with Section 56 of Banking Regulation Act, 1949 effective August 27, 2026. The bank cannot grant loans, make investments, accep…
Read full storyPresident Droupadi Murmu addressed the 2025 batch of Indian Foreign Service officer trainees and two Bhutanese diplomats at Rashtrapati Bhavan on August 27, 2026. She emphasized diplomacy aligned with 'Rashtrahit Sarvop…
Read full storyThe RBI released Q1:2026-27 performance data for 3,247 listed non-government non-financial companies showing accelerated sales growth at 19.4% y-o-y, up from 13.9% in Q4:2025-26. Manufacturing sales grew 21.4% driven by…
Read full storyThe Reserve Bank of India imposed a ₹50,000 monetary penalty on Jalna District Central Co-operative Bank Ltd., Maharashtra, via order dated August 25, 2026, for non-compliance with RBI directions on Credit Information C…
Read full storyOn August 25, 2026, RBI conducted a 2-day Variable Rate Reverse Repo (VRRR) auction absorbing ₹98,516 crore at a cut-off rate of 5.24%, maturing August 27. MSF operations saw ₹272 crore (1-day) and ₹12 crore (2-day) at…
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India and China released an eight-point outcome document following diplomatic talks, agreeing to discuss ways to improve understanding of the Line of Actual Control (LAC) in appropriate areas for better border managemen…
Read full storyThe Government has started calibrated release of onions from buffer stocks to ensure adequate domestic availability and moderate seasonal price pressures. The Ministry of Consumer Affairs, Food and Public Distribution c…
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India and Russia have advanced their Free Trade Agreement (FTA) negotiations with the Eurasian Economic Union (EAEU), targeting sustainable trade growth and a $100 billion bilateral trade target by 2030. The agreement w…
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Union Minister Pralhad Joshi stated India requires over ₹30 lakh crore investment to achieve its 500 GW non-fossil fuel capacity target by 2030. The country has already crossed 300 GW of installed non-fossil fuel capaci…
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Federal Reserve officials at the Jackson Hole Economic Symposium signaled that further interest rate hikes remain on the table due to persistent inflation concerns. Policymakers warned that entrenched inflationary expec…
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S&P Global Ratings retained India's sovereign credit rating at 'BBB' with a stable outlook, citing sustained economic momentum and fiscal consolidation. Last year, S&P upgraded India from 'BBB-' to 'BBB' after 18 years,…
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Indian banks are pivoting to Overseas Foreign Currency Borrowings (OFCB) to raise funds after the RBI advanced the deadline for deposit-linked fundraising to August 31. This regulatory shift forced lenders to revise bon…
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India-EU relations have strengthened significantly with FTA negotiations advancing through realism and pragmatism. The Carbon Border Adjustment Mechanism (CBAM) aims to prevent carbon leakage and incentivize lower emiss…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 28 August 2026.
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