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3 August 2026 · verified exam-relevant news
Weekly roundup · 3 August 2026
Curated from PIB, RBI, All India Radio and verified national sources — organised for UPSC, SSC, Banking, Railway and State-PSC revision.
10 verified current-affairs updates for major exams.
The government plans to sell up to 6.5% stake in LIC through an offer for sale at a floor price of ₹382 per share, potentially raising ₹31,000 crore for the disinvestment kitty. This involves over 82.22 crore shares and…
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US President Donald Trump announced that new negotiations with Iran are expected to begin within the next day or two, calling them the 'last chance' for Tehran to forge a deal and avoid escalation of US strikes. The tal…
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The CBDT has issued revised guidance updating the compliance framework for Reporting Financial Institutions (RFIs) under India's Automatic Exchange of Information (AEOI) commitments. The new rules cover banks, mutual fu…
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The government will disburse ₹4,000 crore under the Auto Production Linked Incentive (PLI) scheme in FY27 to boost domestic manufacturing and investment. Bajaj Auto has already received ₹750 crore for meeting incrementa…
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India's manufacturing PMI fell to a 5-year low of 53.5 in July 2024, down from 54.2 in June and 59.1 a year ago, signaling slowing expansion. The HSBC PMI compiled by S&P Global shows new orders growth at its second-slo…
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The Ministry of Road Transport and Highways is developing a regulatory framework for bike ambulances, currently unregulated as a distinct vehicle category. The framework will establish national standards for constructio…
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Indian Air Force Chief Air Chief Marshal Amar Preet Singh commenced a three-day official visit to Vietnam from March 10-12, 2025, aimed at enhancing bilateral defence cooperation, particularly in the air domain. The vis…
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A government report reveals that two-thirds of India's 58 tiger reserves face declining prey base or poor habitat, with nine reserves having zero or critically low tiger numbers. Experts criticize that several reserves…
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Ukraine and Russia exchanged heavy strikes resulting in at least 14 deaths, marking an escalation in the nearly four-and-a-half-year conflict. Both sides have intensified attacks on military and civilian infrastructure,…
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Oil prices fell sharply on Monday after US President Donald Trump called off planned military strikes on Iran, opting instead to pursue a nuclear deal and reopen the Strait of Hormuz. This follows a 20% surge in oil pri…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 3 August 2026.
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