Current Affairs
Bilingual daily news summaries compiled by exam content specialists. Essential for General Awareness scorecards.
Current Affairs MCQ Tests
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Current Affairs — August 2026 · Set 30
15 min · 14 questions
Current Affairs — August 2026 · Set 29
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Current Affairs — August 2026 · Set 28
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Current Affairs — August 2026 · Set 27
15 min · 15 questions
Current Affairs — August 2026 · Set 26
15 min · 15 questions
Current Affairs — August 2026 · Set 25
15 min · 15 questions
Current Affairs — August 2026 · Set 24
15 min · 15 questions
Current Affairs — August 2026 · Set 23
15 min · 15 questions
Current Affairs — August 2026 · Set 22
15 min · 15 questions
Current Affairs — August 2026 · Set 21
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Current Affairs — August 2026 · Set 20
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Current Affairs — August 2026 · Set 19
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Daily News Timeline
GI-tagged Mithila Makhana gets first export consignment to Australia
18 metric tonnes of GI-tagged Mithila Makhana were exported to Australia — the first such export consignment from Bihar. / GI-टैग प्राप्त मिथिला मखाना की 18 मीट्रिक टन की पहली खेप ऑस्ट्रेलिया निर्यात की गई — बिहार से इस तरह का पहला निर्यात।
Retail inflation rises to 4.45%, a 19-month high
CPI retail inflation for July 2026 rose to 4.45%, the highest in 19 months, driven mainly by food and fuel prices. / जुलाई 2026 की खुदरा (CPI) महंगाई 4.45% रही — 19 महीनों में सर्वाधिक, मुख्यतः खाद्य और ईंधन कीमतों के कारण।
Payment and Settlement Systems Act amended as UPI completes 10 years
As UPI completed 10 years, Parliament amended the Payment and Settlement Systems Act, removing the statutory prohibition on MDR (merchant discount rate) for UPI and RuPay transactions. / UPI के 10 वर्ष पूरे होने पर संसद ने भुगतान और निपटान प्रणाली अधिनियम में संशोधन किया, जिससे UPI और RuPay लेनदेन पर MDR की वैधानिक रोक हटाई गई।
India expands urea imports amid West Asia supply disruption
India expanded urea imports from Egypt, Algeria, Nigeria and Georgia to address domestic fertiliser shortages amid West Asia supply disruptions, reported 12 August 2026.
Himachal Pradesh levies Widow and Orphan Cess on fuel
Himachal Pradesh implemented a Widow and Orphan Cess on petrol and high-speed diesel under its state VAT legislation, announced 12 August 2026, to fund welfare of widows and orphans.
Odisha receives ₹43,437 crore food-processing investment proposals
Odisha received investment proposals worth ₹43,437 crore in the food-processing sector during the Odisha Food Pro-2026 conclave on 7 August 2026.
Standard Chartered gets IFSCA in-principle approval for GIFT City operations
Standard Chartered received in-principle approval from the International Financial Services Centres Authority (IFSCA) to distribute wealth-management and capital-market products from GIFT City, Gujarat.
Railways approves All India Licence framework for container train operators
The Ministry of Railways approved an All India Licence framework for container train operators, replacing the earlier route-specific permission system to ease freight container movement.
Non-fossil sources reach 54.18% of India's installed power capacity
Government data show non-fossil fuel sources now account for 54.18% of India's total installed power capacity of about 548 GW. AT&C losses in the power sector fell to 15.04% in FY25 from 21.91% in FY21.
KKR to acquire Medicover India hospital operations for ~USD 550 million
Global investment firm KKR announced the acquisition of Medicover's India hospital operations for approximately USD 550 million, one of the larger healthcare deals of 2026.
Bharat International Rice Conference 2026 to be held 23-25 October in New Delhi
The Bharat International Rice Conference 2026 will be held from 23 to 25 October at Bharat Mandapam, New Delhi, showcasing India's rice trade and export ecosystem.
Lok Sabha passes Taxation and Other Laws (Amendment) Bill, 2026
The Lok Sabha passed the Taxation and Other Laws (Amendment) Bill, 2026, amending income-tax and payment-systems provisions.
RBI MPC keeps repo rate unchanged at 5.25%, retains neutral stance
On 5 August 2026 the RBI Monetary Policy Committee, chaired by Governor Sanjay Malhotra, kept the repo rate unchanged at 5.25% and retained the neutral stance. Exam angle: repo rate 5.25%; MPC has 6 members; the RBI Governor chairs it.
Centre releases extra Rs 1,09,019 crore tax devolution to states
The Centre released an additional advance tax devolution instalment of Rs 1,09,019 crore to state governments. Exam angle: tax devolution to states follows the 41% share recommended by the 15th Finance Commission.
RBI MPC meets 3-5 August; policy decision on 5 August
The RBI Monetary Policy Committee is meeting from 3 to 5 August 2026, with Governor Sanjay Malhotra announcing the policy decision on 5 August. Exam angle: MPC composition (6 members), and that the RBI Governor chairs the committee.