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22 August 2026 · verified exam-relevant news
Latest digest · 22 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.
The Ministry of Commerce and Industry reported that 29 FDI projects worth ₹4,895.65 crore were filed under the revised Press Note 3 framework by August 10, 2026. Press Note 3, which mandates government approval for inve…
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A Russian missile strike hit a shopping centre in Kryvyi Rig, Ukraine, killing at least 16 civilians and injuring many others. Ukrainian President Zelenskyy condemned the attack as 'cynical' and a war crime, while Russi…
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SEBI has proposed a new Fixed Income Channel Partner network to expand retail participation in the bond market, especially in smaller cities. Eligible individuals and firms can register by meeting certification standard…
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U.S. President Donald Trump claimed total control over the Strait of Hormuz region, including land areas, and stated Iran is not ready for the 'right deal'. This escalates tensions in West Asia, impacting global oil sup…
Read full storyPM Modi addressed the Economic Times World Leaders Forum 2026, highlighting India's shift from 'Production Linked Punishment' (PLP) under License Raj to 'Production Linked Incentive' (PLI) scheme, which generated ₹22 la…
Read full storyPM Modi addressed the ET World Leaders Forum 2026, highlighting India's economic transformation through PLI scheme (Rs 2.5L cr investment, 14L jobs), governance reforms (40K+ compliances removed, 1500+ laws abolished),…
Read full storyRBI's Weekly Statistical Supplement (Aug 14, 2026) shows India's forex reserves at $716.9 billion, rising $9.9 billion weekly and $21.8 billion year-on-year. Gold reserves surged $25.75 billion YoY to $111.4 billion. Sc…
Read full storyPrime Minister Narendra Modi interacted with CEOs of 20 Indian space startups at Seva Teerth, highlighting rapid progress in private space sector. Startups like Skyroot Aerospace, Agnikul Cosmos, and Pixxel showcased in…
Read full storyThe Parliamentary Consultative Committee of Civil Aviation met in Mysuru under Union Minister Kinjarapu Ram Mohan Naidu, marking the first such meeting outside Delhi since 2017. Key discussions included the Next Phase o…
Read full storyThe Reserve Bank of India imposed a monetary penalty of ₹2.70 lakh on Progfin Private Limited on August 19, 2026, for non-compliance with KYC Directions. The penalty was levied under Section 58(G)(1)(b) read with Sectio…
Read full storyThe RBI announced auction of State Government Securities (SGS) worth ₹20,100 crore on August 25, 2026, via E-Kuber platform. Seven states — Andhra Pradesh, Gujarat, Haryana, Maharashtra, Punjab, Rajasthan, and Tamil Nad…
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 August 24, 2026, to absorb surplus liquidity. The notified amount is ₹2,50,000…
Read full storyIndia and Brazil signed an MoU on telecommunications and ICT cooperation during the 12th BRICS Communications Ministers Meeting in Pune on August 21, 2026. The agreement was signed by Union Minister Jyotiraditya M. Scin…
Read full storyPrime Minister Narendra Modi addressed the Economic Times World Leaders Forum 2026 on August 21, 2026, highlighting India's shift from 'Production Linked Punishment' under Licence Raj to 'Production Linked Incentives' (…
Read full storyRBI imposed ₹8.10 lakh penalty on Shri Ram Finance Corporation Pvt Ltd on August 19, 2026, for non-compliance with Governance and KYC directions. Violations included failure to obtain prior RBI approval for director app…
Read full storyThe 12th BRICS Communications Ministers' Meeting was held in Pune under India's Chairship, chaired by Union Minister Jyotiraditya Scindia. The theme 'Innovate, Cooperate and Transform (ICT) for a Resilient Future' focus…
Read full storyRBI announced auction of 91-Day (₹9,000 cr), 182-Day (₹8,000 cr), and 364-Day (₹7,000 cr) Treasury Bills totaling ₹24,000 crore on August 27, 2026, with settlement on August 28, 2026. The auction uses price-based multip…
Read full storyRBI's Money Market Operations on August 20, 2026, show total overnight segment volume of ₹6,43,139.41 crore at a weighted average rate of 5.05%. Triparty Repo dominated with ₹4,41,475 crore volume. Key RBI operations in…
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The Supreme Court's three-judge Bench praised the scrapped MGNREGA as a 'good, effective scheme' while hearing a petition on delayed wages under the defunct programme. The petition seeks to elevate the right to work as…
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The Supreme Court has reduced the mandatory legal practice requirement for judicial service aspirants from three years to just one year. Successful candidates will now undergo one year of intensive training at State jud…
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Five years after the Taliban's August 2021 takeover, Afghanistan faces severe economic collapse, humanitarian crisis, and systemic oppression of women. The regime remains internationally unrecognized due to its ban on f…
Read full storyFATF Vice President Vivek Aggarwal met IFSCA Executive Directors Dipesh Shah and K. Mahipal Reddy in New Delhi to discuss regulatory cooperation in combating illicit finance. The meeting underscores India's growing role…
Read full storyUnion Minister of State for Defence Sanjay Seth termed the MMDR Amendment Bill 2026 a historic step for mineral-rich states like Jharkhand. Addressing a press conference in Ranchi, he emphasized the Bill will strengthen…
Read full storyThe Government launched the National Campaign on Entrepreneurship-II under DAY-NRLM for three months from August 21 to November 21, 2024. The Ministry of Rural Development aims to strengthen rural women's entrepreneursh…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 22 August 2026.
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