NCS PORTAL
The Ministry of Labour & Employment reported that the National Career Service (NCS) portal has registered over 6.64 crore jobseekers and mobilized 10.05 crore vacancies since inception. As of July 15, 2026, 2.89 crore a…
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5 August 2026 · verified exam-relevant news
Latest digest · 5 August 2026
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PIB · RBI · AIR · official sourcesLatest Current Affairs
RBI to announce its bi-monthly monetary policy review this morning
The Reserve Bank of India's Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, concluded its three-day meeting and announced the bi-monthly monetary policy review today at 10 AM in Mumbai. This decisi…
Read full storyPARLIAMENT QUESTION: COLLISION AVOIDANCE MANOEUVRES (CAMs) EXECUTED BY ISRO
ISRO executed 20 Collision Avoidance Manoeuvres (CAMs) in 2025 and 9 in 2026 to protect its 20 active LEO satellites out of 22 total. India is advancing space debris mitigation through the Debris Free Space Mission (DFS…
Read full storyRBI releases the results of Forward Looking Surveys
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 storyRBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
The 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 to conduct 4-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 06, 2026
RBI 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 storyRBI releases data on ECB / FCCB / RDB for June 2026
The 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 storyPARLIAMENT QUESTION: SPACE VENTURE CAPITAL FUND
The 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 storyMoney Market Operations as on August 4, 2026
RBI'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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Widespread street protests by NC, PDP mark 7th anniversary of abrogation of Article 370 in J&K
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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Rajya Sabha clears Bill to increase number of Supreme Court judges
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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What key issues of the BRICS Summit to be held in New Delhi in September? | Explained
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 story13th BRICS Education Ministers’ Meeting to Begin in Bhubaneswar Today
The 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 terms so-called local elections in PoJK a complete farce
India 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 storySupreme Court asks RBI to prepare SOP for dealing with mule accounts, bank accounts linked to cyber fraud
The 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 storyIndia-flagged ship sinks after attack in Red Sea; All 13 Indian sailors rescued
Indian-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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Having majority no reason for lawmakers to defy party: Supreme Court
Supreme Court Justice Joymalya Bagchi observed that having a legislative majority does not justify lawmakers defecting from their party, emphasizing that democratic maturity lies in adherence to party ideology. The rema…
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India's services growth slows to 4½-year low in July as demand weakens
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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RBI has funds to pay for UPI platform without having to charge merchants, customers
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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New framework to standardise interest rate rules on the anvil, says RBI
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 calls for national caregiving framework, social security for caregivers
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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Govt mandates exporter registration for FDI-backed ecommerce inventory exports
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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Cabinet Secretary, Home Secretary get one-year extension in service
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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ED’s search and seizure operations are not independent ‘civil actions’: Karnataka High Court
The Karnataka High Court ruled that ED's search and seizure operations under PMLA are not independent civil actions but are intrinsically linked to criminal proceedings. The court emphasized that property attachment is…
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