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2 September 2026 · exam-relevant news
Latest digest · 2 September 2026
AI summaries of PIB, RBI, All India Radio and national newspaper reports, organised for UPSC, SSC, Banking, Railway and State-PSC revision. Every story links to its source.
24 current-affairs updates for major exams.
Union Minister Kiren Rijiju conducted bilateral meetings with multiple national leaders during the NAM Summit in Belgrade, Serbia, focusing on strengthening bilateral cooperation across key sectors. As India's Parliamen…
Read full storyFinance Minister Nirmala Sitharaman and US Treasury Secretary Scott Bessent met on the sidelines of the G20 Finance Ministers and Central Bank Governors meeting to strengthen cooperation on critical minerals. The agreem…
Read full storyBelgium Prime Minister Bart De Wever begins a three-day official visit to India today, holding bilateral talks with PM Narendra Modi to review the full spectrum of bilateral relations and discuss regional and global iss…
Read full storyFinance Minister Nirmala Sitharaman met World Bank Group President Ajay Banga on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting to discuss expanding India-World Bank partnership beyond tra…
Read full storyJapan Credit Rating Agency (JCRA) upgraded India's sovereign rating to A- from BBB+ after 35 years, recognizing solid economic growth, effective policies, improved financial system soundness, and reduced non-performing…
Read full storyIndia is actively pursuing strategic partnerships with the UK and EU to secure critical mineral processing capabilities, while also collaborating with the US on resilient supply chains. Pending trade agreements with the…
Read full storyIndia and Canada held Foreign Office Consultations to strengthen strategic ties and reaffirmed commitment to a trade agreement targeting bilateral trade of CAD 70 billion by 2030. Both nations emphasized expanding coope…
Read full storyIndia is strategically expanding critical mineral partnerships with the UK, EU, and US through trade negotiations to secure vital resources for high-tech manufacturing. The government aims to simplify regulations to str…
Read full storyGlobal illicit financial flows surged to $4.4 trillion in 2025, significantly impacting world GDP. Bank frauds are rising at 20% annually, driven by organized crime and drug networks. India's anti-money laundering cases…
Read full storyAero India 2027, Asia's premier aerospace and defence exhibition, is scheduled to be held in Bengaluru from February 8, 2027, with registrations opening on September 3, 2026. The event will feature aerial displays by th…
Read full storyGlobal bond markets are witnessing a sharp selloff driven by rising inflation fears and escalating government debt levels worldwide. Japan's 10-year government bond yield surged to 3%, its highest level since 1996, sign…
Read full storyIn August 2024, India's GST collections surged 14.8% to ₹2 lakh crore, auto sales jumped 36%, UPI processed a record 24.51 billion transactions, and power consumption rose 12.9%. These high-frequency indicators collecti…
Read full storyUnion Minister Kiren Rijiju met Serbian President Aleksandar Vučić in Belgrade, reaffirming India's commitment to the Non-Aligned Movement (NAM) principles of peace, sovereignty, and dialogue. India highlighted its foun…
Read full storyRussian President Vladimir Putin acknowledged Ukrainian attacks inside Russia have caused real damage and highlighted drones as a major challenge, while expressing openness to peace talks to end the ongoing conflict. Th…
Read full storyRBI released BoP data for Q1 (April-June) 2026 showing foreign exchange reserves decreased by US$ 22.5 billion (including valuation effects) compared to an accretion of US$ 29.8 billion in same period 2025. On BoP basis…
Read full storyPrime Minister Narendra Modi congratulated the nation on achieving 7.8% GDP growth in Q1 FY2026-27, sharing a video message on X highlighting strong economic numbers and surging confidence. The announcement was made on…
Read full storyIndia's current account deficit widened to US$4.2 billion (0.5% of GDP) in Q1 FY2026-27 from US$3.4 billion (0.4% of GDP) a year earlier, driven by a higher merchandise trade deficit of US$86.1 billion versus US$68.9 bi…
Read full storyUnion Agriculture Minister Shivraj Singh Chouhan reviewed the progress of PM-DDKY, a scheme targeting agricultural development in 100 low-productivity districts. The average district score across six objectives rose fro…
Read full storyPrime Minister Narendra Modi addressed the 26th SCO Summit in Bishkek, Kyrgyzstan, marking the organization's 25th anniversary. He outlined India's three-pillar vision — Security, Connectivity, and Opportunity — emphasi…
Read full storyPrime Minister Narendra Modi attended the 26th SCO Summit in Bishkek, Kyrgyz Republic (Aug 31–Sep 1, 2026), marking the organization's 25th anniversary. He emphasized dialogue over conflict, zero tolerance for terrorism…
Read full storyIndia has rejected the Court of Arbitration's ruling on the Indus Waters Treaty, asserting the tribunal lacks jurisdiction. The MEA stated India never recognized the panel, did not participate in proceedings, and consid…
Read full storyThe Ministry of Civil Aviation launched Hub & Spoke International Flight Operations from Ahmedabad on 28 July 2026, making it the third airport after Varanasi (25 June 2026) and Amritsar (28 July 2026) under India's Int…
Read full storyRBI's Money Market Operations on August 31, 2026, show total overnight segment volume at ₹6,65,977.81 crore with weighted average rate of 4.98%. Key RBI operations included a 1-day Variable Rate Reverse Repo of ₹2,49,84…
Read full storyThe RBI announced an Overnight Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) for September 2, 2026, with a notified amount of ₹5,00,000 crore. The auction window operates from 0…
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Exam-relevant stories with MCQ-ready key points, summarised by AI from PIB, RBI, All India Radio and national newspapers. Edition: 2 September 2026. Hindi appears where a translation is ready.
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The 2 September 2026 digest is free to read here. Monthly editions (English and Hindi) are listed only after both files pass source review.