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31 August 2026 · verified exam-relevant news
Latest digest · 31 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.
U.S. forces conducted limited strikes on Iran's Larak Island targeting IRGC units laying mines in the Strait of Hormuz, marking the first American attacks on Iran in nearly a month. Iran retaliated by attacking U.S. for…
Read full storyRBI released sectoral deployment of bank credit data for July 2026 showing non-food credit grew 19.1% YoY (vs 9.9% in July 2025). Agriculture credit grew 17.0% (7.3% earlier), industry 20.0% (6.5%), services 22.9% (10.2…
Read full storyThe RBI released the Quarterly Basic Statistical Return (BSR)-1 on Credit by Scheduled Commercial Banks for June 2026, showing bank credit growth accelerated to 16.5% year-on-year from 9.9% a year ago. Private corporate…
Read full storyRBI's money market operations on August 28, 2026, show a 3-day Variable Rate Reverse Repo (VRRR) auction of ₹1,52,537 crore at 5.24% cut-off rate, MSF at 5.50% for 1-day tenor (₹358 crore), and SDF at 5.00% absorbing ₹2…
Read full storyPrime Minister Narendra Modi arrived in Bishkek, Kyrgyzstan, on a two-day visit at the invitation of President Sadyr Zhaparov to attend the Shanghai Cooperation Organisation (SCO) Summit. He was welcomed by Cabinet of M…
Read full storyRBI released data on lending and deposit rates of Scheduled Commercial Banks (excluding RRBs and SFBs) for August 2026. Weighted Average Lending Rate (WALR) on outstanding rupee loans rose slightly to 8.97% in July 2026…
Read full storyThe RBI released the 2025-26 Survey of Foreign Liabilities and Assets of Mutual Funds covering 53 Indian MFs and their AMCs. Foreign liabilities of MFs rose 3.3% y-o-y to US$31.5 billion (₹2.98 lakh crore) as of end-Mar…
Read full storyRBI released provisional data on India's international trade in services for July 2026, showing services exports at $38,253 million (13.4% YoY growth) and imports at $20,606 million (19.1% YoY growth). The trade surplus…
Read full storyThe Reserve Bank of India (RBI) announced a 7-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on September 1, 2026, with a notified amount of ₹6,00,000 crore. The auction wind…
Read full storyRBI released the Quarterly Basic Statistical Return (BSR)-2 on Deposits with Scheduled Commercial Banks for June 2026 quarter on its Database on Indian Economy portal. SCB deposits grew 11.5% year-on-year, with private…
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Iran's Revolutionary Guards launched missile attacks on U.S. military targets in Jordan, marking the first direct U.S. strike on Iran in a month. Jordan's army intercepted eight missiles, preventing casualties. This esc…
Read full storyFinance Minister Nirmala Sitharaman projected India's economic growth to sustain at 7% or higher in FY 2026-27 during her address to the Indian diaspora in Chicago. She emphasized India's resilience amid global geopolit…
Read full storyThe Government of India announced the auction of two dated securities totaling ₹32,000 crore on September 4, 2026, with settlement on September 7, 2026. The auction includes a new 2031 security (₹21,000 crore) and a re-…
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The Cauvery Water Management Authority (CWMA) on August 25 upheld the Cauvery Water Regulation Committee's recommendation directing Karnataka to release 9,000 cusecs of water to Tamil Nadu for 15 days. Karnataka informe…
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The Supreme Court has sought the government's response on a petition seeking a ban on the retail sale of acid, citing its misuse in crimes against women. The plea highlights the easy accessibility of corrosive substance…
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The Supreme Court refused to halt the CJP march scheduled for September 1, with Chief Justice Surya Kant emphasizing both protesters and police must respect the law. The court agreed to hear the Centre's application on…
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Pakistan's Deputy Prime Minister Ishaq Dar and Army Chief General Asim Munir arrived in Turkey for the inaugural meeting of the Makkah Defence Pact, a collective security agreement among Muslim-majority nations. The pac…
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U.S. forces conducted airstrikes on Iranian rocket launchers positioned along the Strait of Hormuz, marking the first American military action in the region in over a month. The strikes targeted launchers deemed an immi…
Read full storyPrime Minister Narendra Modi undertook a State Visit to Uzbekistan from 29-30 August 2026 at the invitation of President Shavkat Mirziyoyev. The leaders elevated bilateral ties to a Comprehensive Strategic Partnership,…
Read full storyPM Modi held official talks with Uzbekistan President Shavkat Mirziyoyev during his State Visit, elevating bilateral ties to Comprehensive Strategic Partnership. Key outcomes include USD 5 billion trade target by 2030,…
Read full storyPrime Minister Narendra Modi's state visit to Uzbekistan elevated bilateral ties to a Comprehensive Strategic Partnership and resulted in 11 MoUs/agreements covering culture, archives, Ayurveda, mining, tourism, diploma…
Read full storyIndia's higher education sector showed significant expansion from 2014-15 to 2023-24 per AISHE data: universities grew 69.6% (760 to 1,289), enrolment rose 31.5% (3.42 crore to 4.50 crore), and GER reached 30% in 2023-2…
Read full storyPrime Minister Narendra Modi arrived in Bishkek, Kyrgyzstan, for a two-day visit to attend the 26th Shanghai Cooperation Organisation (SCO) Summit on September 1. During the visit, he will hold bilateral meetings with l…
Read full storyIndia and Uzbekistan elevated their Strategic Partnership to a Comprehensive Strategic Partnership during high-level talks. Key agreements include a framework for long-term uranium supply to India and discussions on rar…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 31 August 2026.
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