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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.
Russian 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…
Read full storyThe Reserve Bank of India conducted the auction of State Government Securities on September 1, 2026, involving 12 securities across 8 states with a total notified amount of ₹11,700 crore. Key highlights include Assam SG…
Read full storyThe Reserve Bank of India appointed Shri Suman Ray as Executive Director effective September 1, 2026. He previously served as Regional Director for Maharashtra and has over three decades of experience in Currency Manage…
Read full storyThe RBI conducted a yield/price-based auction of State Government Securities (SGS) for 15 states, raising ₹26,590.03 crore against a notified amount of ₹27,000 crore. Key highlights include full subscription for most st…
Read full storyPrime Minister Narendra Modi will attend the valedictory session of the first Departmental Summit of the Ministry of Jal Shakti on September 2, 2026, at Sushma Swaraj Bhawan, New Delhi. The two-day summit (September 1-2…
Read full storyRBI released its Citizen's Charter performance report for August 2026, showing 18,099 applications received and 17,568 processed with 99.9% within timeline. Total pending applications reduced from 3,258 to 3,011. Curren…
Read full storyPrime Minister Modi, President Putin, and President Xi met informally at the SCO summit in Bishkek, Kyrgyzstan, signaling renewed diplomatic engagement. India and China agreed on new border management measures and hotli…
Read full storyPrime Minister Narendra Modi addressed the Shanghai Cooperation Organisation (SCO) summit, urging member states to dismantle the ecosystem of terror financing, recruitment, radicalisation, and safe havens. He emphasized…
Read full storyIndia's Ministry of External Affairs (MEA) rejected the Hague-based Court of Arbitration's ruling on the Indus Waters Treaty (IWT), citing lack of jurisdiction. India maintains it never recognized the 'illegally-constit…
Read full storyIndia's Q1 FY25 GDP grew at 7.8%, surpassing market estimates, driven by robust domestic demand and government reforms. Economists highlight that sustaining this momentum requires higher private investment, productivity…
Read full storyThe U.S. conducted airstrikes on Iranian rocket launchers on Larak Island to prevent mining of the Strait of Hormuz, a critical global oil shipping lane. Iran retaliated with missile and drone attacks targeting U.S. for…
Read full storyUPI, launched in 2016 by NPCI, enables instant bank-to-bank payments by connecting users' apps and banks through its system. It has grown into a massive digital payments network and is now being adopted in several count…
Read full storyThe article critiques the replacement of MGNREGA with the VB-GRAM G Act, arguing it weakens the rural right-to-work guarantee. It emphasizes that restoring a meaningful right to work through adequate funding, living wag…
Read full storyGST collections for August 2025 reached ₹1,99,853 crore, reflecting a 14.8% year-on-year growth from ₹1,74,116 crore in August 2024. Domestic GST revenue rose 9.3% to ₹1,37,249 crore, indicating strong internal consumpt…
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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.