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5 August 2026 · verified exam-relevant news
Latest digest · 5 August 2026
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.
The Reserve Bank of India released results of eight forward-looking surveys including Urban/Rural Consumer Confidence Surveys (July 2026), Inflation Expectations Survey of Households (July 2026), 101st round of Survey o…
Read full storyThe Reserve Bank of India has released draft guidelines for 'on tap' licensing of Urban Co-operative Banks (UCBs) for public consultation, with comments invited until September 5, 2026. This move aims to streamline and…
Read full storyRBI announced a 4-day Variable Rate Reverse Repo (VRRR) auction of ₹1.5 lakh crore on August 6, 2026, with reversal on August 10, 2026. The auction window operates from 9:30 AM to 10:00 AM under LAF. This liquidity abso…
Read full storyThe Reserve Bank of India released monthly data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB), and Rupee Denominated Bonds (RDB) for June 2026, covering both Automatic and Approval r…
Read full storyThe Antariksh Venture Capital Fund (AVCF), a SEBI-registered Category II AIF, received SEBI approval on 31-10-2025 and has secured ₹188.93 crore from IN-SPACe (including ₹182.87 crore in FY 2026-27) as of 24-07-2026. Th…
Read full storyRBI's Money Market Operations on August 4, 2026, show total overnight segment volume of ₹6,32,200.47 crore at a weighted average rate of 4.90%. Triparty Repo dominated with ₹4,36,898.60 crore volume. RBI conducted MSF o…
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On the 7th anniversary of Article 370 abrogation (August 5, 2019), widespread street protests were held by National Conference (NC) and Peoples Democratic Party (PDP) in Jammu & Kashmir. Lieutenant Governor Manoj Sinha…
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The Rajya Sabha passed the Supreme Court (Number of Judges) Amendment Bill, 2024, increasing the sanctioned strength of Supreme Court judges from 34 to 50 (including the Chief Justice of India). This addresses the massi…
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The BRICS Summit is scheduled for September 2025 in New Delhi under the theme 'Building for Resilience, Innovation, Cooperation and Sustainability'. This marks India's hosting of the expanded BRICS grouping after the 20…
Read full storyThe 13th BRICS Education Ministers' Meeting and 3rd BRICS Senior Officials' Meeting commenced on August 5 in Bhubaneswar, Odisha, running until August 7. Education ministers and senior officials from Brazil, Russia, Ind…
Read full storyIndia strongly condemned the so-called local elections in Pakistan-occupied Jammu and Kashmir (PoJK), terming them a 'complete farce' through MEA spokesperson Randhir Jaiswal. The government highlighted that such exerci…
Read full storyThe Supreme Court directed RBI to prepare a Standard Operating Procedure (SOP) for handling mule accounts and bank accounts linked to cyber fraud. The court also issued directions to states, UTs, law enforcement agencie…
Read full storyIndian-flagged tanker MSV Faize Noore Oliya sank in the Red Sea off Yemen's coast after a Houthi militant attack while transporting oil from Saudi Arabia. All 14 crew members, including 13 Indian nationals, were safely…
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India's services sector growth hit a 53-month low in July 2024 as per S&P Global PMI data, with the Services PMI falling to 52.5 from 60.5 in June. New business orders weakened across domestic and export markets, while…
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The government has introduced a Bill in Parliament to enable notification of transaction types that may attract charges on the UPI platform, which has so far remained free for merchants and customers. This legislative m…
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The Reserve Bank of India (RBI) is set to introduce a principle-based framework to standardize interest rate rules across all regulated entities, aiming to enhance transparency and uniformity in lending practices. Gover…
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NITI Aayog has recommended a national caregiving framework to address India's rapidly ageing population, proposing regulation of caregiving standards, financial incentives for caregivers, and care leave for employees wi…
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The government has mandated that foreign-invested e-commerce firms must register as exporter-on-record for inventory-based exports. These entities can only procure and stock goods against confirmed export orders, with s…
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The Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, approved a one-year extension for T.V. Somanathan as Cabinet Secretary beyond August 30, 2026. This marks a rare extension for the top b…
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Parliamentary Affairs Minister Kiren Rijiju met Leader of Opposition Rahul Gandhi to resolve the ongoing Parliament logjam. The government clarified there is no proposal for a Special Session to pass the Women's Reserva…
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SEBI proposed allowing publicly-listed REITs and InvITs to raise foreign capital through depository receipts (DRs), enabling trading in foreign currency on international exchanges. Privately-listed InvITs are excluded f…
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Indian equity markets witnessed profit-booking after Monday's rally as investors await the RBI's monetary policy decision on Wednesday. BSE, Bharti Airtel, and Nykaa reported strong Q1FY25 earnings with significant prof…
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NABARD cancelled its ₹8,000 crore bond issuance after investors demanded higher yields, reflecting heightened risk aversion in the primary debt market. The withdrawal signals tightening liquidity conditions and cautious…
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Iran and Oman are reportedly collaborating on a plan to reopen the strategically vital Strait of Hormuz, a critical chokepoint for global oil transit. The Trump administration had previously rejected any arrangement gra…
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Exam-relevant stories with MCQ-ready key points from approved sources. Verified edition: 5 August 2026.
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