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4 August 2026 · verified exam-relevant news
Weekly roundup · 4 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 Centre announced an Offer for Sale (OFS) to dilute its stake in Life Insurance Corporation of India (LIC), opening for non-retail investors on Tuesday and retail investors on Wednesday. The divestment comprises a ba…
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UN High Representative for Gaza Nikolay Mladenov met Israeli PM Benjamin Netanyahu to advance a Gaza disarmament deal, urging an immediate halt to Israeli strikes. The envoy's team is pressuring Israel to cease military…
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Keyur Majmudar highlights that RBI's FCNR(B) reforms could attract over $20 billion in foreign inflows, emphasizing India's structural growth themes and the role of alternative investments in NRI portfolios. The reforms…
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The government plans to introduce the Taxation and Other Laws (Amendment) Bill, 2026, extending tax incentives for electronics manufacturing, easing rules for foreign investment funds, and providing relief for REITs, In…
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Parliament has increased the Supreme Court's sanctioned strength from 34 to 38 judges, marking the first such expansion since 2019 when it was raised from 31 to 34. This legislative move aims to address the growing case…
Read full storyUnion Commerce Minister Piyush Goyal addressed the India-Uzbekistan Business Forum in New Delhi, urging businesses to co-invest, co-manufacture, and co-innovate to double bilateral trade from ~USD 1.5 billion within thr…
Read full storyThe Government of India announced the re-issue of two dated securities — 6.36% GS 2031 and 7.71% GS 2066 — for a total notified amount of ₹32,000 crore. The auction will be conducted by RBI on August 7, 2026 (Friday) us…
Read full storyUzbekistan's Foreign Minister Bakhtiyor Odilovich met President Droupadi Murmu at Rashtrapati Bhavan on August 3, 2026, to strengthen bilateral ties rooted in historical and cultural connections. The President highlight…
Read full storyThe Reserve Bank of India appointed Smt. Monisha Chakraborty as Executive Director effective August 3, 2026. She previously served as Chief General Manager-in-Charge in the Department of Supervision with over three deca…
Read full storyIn July 2026, captive and commercial coal mines produced 14.78 MT and dispatched 17.49 MT, registering 9.61% year-on-year production growth over July 2025. This sustained growth reflects improved operational efficiency…
Read full storyThe Reserve Bank of India (RBI) released its Citizen's Charter performance report for July 2026, showing 21,937 applications received and 20,628 processed, with 99.9% within timeline. Pending applications stood at 3,258…
Read full storyRBI's Money Market Operations data for July 31, 2026 shows total overnight segment volume at ₹16,132.08 crore with weighted average rate of 5.28%. Key segments include Triparty Repo (₹7,458.30 crore at 5.26%) and Repo i…
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The Supreme Court, through a bench headed by Justice P.S. Narasimha, has directed the Centre to ensure safe and clean footpaths for pedestrians, declaring the right to broad footpaths as a fundamental right. The Court e…
Read full storySonepur Bazari Opencast Mine in West Bengal's Raniganj Coalfield, a flagship mine of Eastern Coalfields Limited (ECL) under Coal India Limited (CIL), has achieved 105.34% of its coal production target (29.22 lakh tonnes…
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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: 4 August 2026.
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