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3 September 2026 · exam-relevant news
Latest digest · 3 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.
RBI announced a 3-day Variable Rate Reverse Repo (VRRR) auction of ₹7 lakh crore on September 4, 2026, under the Liquidity Adjustment Facility (LAF) to manage surplus liquidity. The auction window is 9:30-10:00 AM with…
Read full storyRBI conducted a buyback auction for Government of India dated securities with an aggregate notified amount of ₹30,000 crore across four securities maturing in 2026-27. Participants offered ₹3,109.305 crore face value, b…
Read full storyThe RBI conducted its second overnight Variable Rate Reverse Repo (VRRR) auction on September 3, 2026, with a notified amount of ₹1.5 lakh crore. Banks submitted offers worth ₹34,652 crore, all of which were accepted at…
Read full storyRBI's Money Market Operations on September 2, 2026, show significant liquidity absorption of ₹7.27 lakh crore through LAF operations. The overnight segment recorded ₹6.55 lakh crore volume at 4.71% weighted average rate…
Read full storyThe Supreme Court ruled that the Bar Council of India (BCI) lacks authority to punish law students, affirming that only their enrolled universities can take disciplinary action. The court rebuked BCI for attempting to i…
Read full storyExternal Affairs Minister S. Jaishankar visited Kyiv and offered India's assistance to help end the Ukraine-Russia war. He highlighted that attacks on commercial shipping in the Black Sea region are severely impacting d…
Read full storyThe Supreme Court emphasized that while free and compulsory elementary education for children aged 6-14 is a fundamental right under Article 21A, teacher education has not received adequate attention. The court highligh…
Read full storyIran has blacklisted additional vessels attempting transit through the Strait of Hormuz, escalating maritime tensions in West Asia. Iran's security chief announced a new war strategy targeting U.S. interests, while U.S.…
Read full storyThe government constituted a 31-member Joint Parliamentary Committee (JPC) to examine the Foreign Contribution (Regulation) Amendment Bill 2026. Lok Sabha MP Sanjay Jaiswal will chair the committee, which includes promi…
Read full storyCivil Aviation Minister Ram Mohan Naidu announced that domestic air passenger traffic has doubled over the last decade during the signing ceremony for an order of 40 ATR 72-600 aircraft by a private regional airline in…
Read full storyUkrainian Foreign Minister Andrii Sybiha welcomed PM Modi's call to end the Russia-Ukraine conflict during his meeting with EAM S. Jaishankar in Kyiv. Sybiha described India as a global power and affirmed Ukraine's read…
Read full storyIndia announced the appointment of a Defence Attache to Brussels, reciprocating Belgium's earlier placement of a Defence Attache in New Delhi. This development was highlighted during Belgian Prime Minister Bart De Wever…
Read full storyPrime Minister Narendra Modi and Belgian PM Bart De Wever held talks and released a Joint Statement reaffirming commitment to deepen trade, investment and economic cooperation. Both leaders welcomed growing diversificat…
Read full storyPrime Minister Narendra Modi will hold bilateral talks with Belgian PM Bart De Wever in New Delhi today during his three-day visit. Both leaders will discuss the full spectrum of bilateral relations, regional and global…
Read full storyPrime Minister Narendra Modi chaired the valedictory session of the two-day National Departmental Summit on Water organized by the Ministry of Jal Shakti. He emphasized sensitizing Urban Local Bodies to urbanization cha…
Read full storyISRO Chairman V. Narayanan announced the launch of EOS-05, India's first advanced Earth observation satellite with synthetic aperture radar (SAR) capability, scheduled for 2:55 AM tomorrow aboard GSLV-F17 from Satish Dh…
Read full storyFinance Minister presented India's reform-driven growth narrative to US investors, highlighting 7.8% GDP growth in Q1 FY27. Emphasis on capital expenditure, MSME credit access, and IBC reforms underscores improved inves…
Read full storyISRO successfully launched EOS-05, India's first geosynchronous Earth observation satellite positioned at 36,000 km altitude. Unlike low Earth orbit satellites, EOS-05 provides continuous real-time monitoring of the Ind…
Read full storyRising FCNR(B) inflows are complicating RBI's liquidity management as banking system excess liquidity hits a four-year high. Economists predict RBI will deploy additional tools like variable rate reverse repo operations…
Read full storyCommerce Minister Piyush Goyal announced India's ambitious target of achieving $1 trillion in exports this year, urging the automotive sector to reduce import dependence and strengthen domestic supply chains. The govern…
Read full storyIndia's services sector expanded in August 2024, driven by higher business and consumer demand, but growth remained near a four-year low, marking the second-slowest pace since March 2022. Manufacturing activity hit a fi…
Read full storyThe Reserve Bank of India (RBI) secured record diaspora funds through foreign deposits, significantly exceeding projections. However, the central bank agreed to shield banks from currency risks on these deposits, which…
Read full storyFormer Chief Statistician Pronab Sen has advocated for maintaining two GDP series — one with the old base year and another with the new base — for at least five years to ensure data reliability. He emphasized that accur…
Read full storyA recent survey highlights that gig work has become a full-time occupation for many Indians, exposing workers to unsafe conditions, excessive hours, climate risks, and lack of social protection. The report underscores t…
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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: 3 September 2026. Hindi appears where a translation is ready.
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The 3 September 2026 digest is free to read here. Monthly editions (English and Hindi) are listed only after both files pass source review.