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7 August 2026 · verified exam-relevant news

Weekly roundup · 7 August 2026

This week’s verified exam news.

Curated from PIB, RBI, All India Radio and verified national sources — organised for UPSC, SSC, Banking, Railway and State-PSC revision.

24 verified current-affairs updates for major exams.

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Latest Current Affairs

EconomyEconomic Times·7 Aug

RBI relaxes device-loan recovery norms

The Reserve Bank of India has revised regulations for mobile device financing, mandating lenders to restore device functionality within one hour of payment confirmation and capping borrower compensation at the total loa…

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6 August 2026

Economy
EconomyReserve Bank of India·6 Aug

Reserve Money for the fortnight ended on July 31, 2026

The Reserve Bank of India released Reserve Money data for the fortnight ended July 31, 2026, via Press Release 2026-2027/824. Reserve Money, a key monetary aggregate comprising currency in circulation and bank reserves,…

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International
InternationalPress Information Bureau·6 Aug

Cabinet approves construction of 4 Lane Highway from Baihata Chariali near Guwahati to Tezpur excluding Mangaldoi Bypass (15.11 km) along NH-15 in Assam with a total Project Length of 135.87 km worth Rs. 8970.20 crore

The Cabinet Committee on Economic Affairs approved the 135.87 km Guwahati-Tezpur 4-lane access-controlled corridor on NH-15 in Assam at Rs 8,970.20 crore under BOT Toll mode. The project includes 5 major bypasses (58.7…

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Economy
EconomyReserve Bank of India·6 Aug

Money Market Operations as on August 05, 2026

On August 5, 2026, RBI's money market operations showed net liquidity absorption of ₹3,55,001 crore, primarily driven by massive SDF usage of ₹3,55,172 crore at 5.00%. The overnight segment recorded ₹6.24 lakh crore vol…

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International
InternationalAll India Radio News·6 Aug

Centre asks Meta if company is following Indian law

The Ministry of Electronics and Information Technology (MeitY) questioned Meta's global team in New Delhi on compliance with Indian laws, emphasizing that platforms cannot operate solely under US laws. The discussions f…

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