Daily current affairs for 1 August 2026 with exam-focused key facts, connected news context, and revision notes for UPSC, SSC, banking and government exams.
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Headlines 01 August 2026Key Updates:
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The Securities and Exchange Board of India (SEBI) has proposed a comprehensive review of the SEBI (Portfolio Managers) Regulations, 2020. Assets under management (AUM) of the PMS industry more than doubled to ₹42.61 lakh…
The Reserve Bank of India (RBI) released draft directions to allow All India Financial Institutions (AIFIs), Non-Banking Financial Companies (NBFCs), and corporates to participate in the term money market for periods…
The Reserve Bank of India (RBI) has prescribed a minimum net worth requirement of ₹25 crore for entities seeking authorisation to set up and operate a Trade Receivables Discounting System (TReDS) platform. Existing…
The Reserve Bank of India (RBI) has established an asset size of ₹1 lakh crore and above as the sole criterion for classifying Non-Banking Financial Companies in the Upper Layer (NBFC-UL). The revised Scale Based…
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The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, in collaboration with the ICAR-Central Institute for Subtropical Horticulture (CISH)…
The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the first-ever sea shipment of botanical-infused ready-to-cook millet functional foods from Karnataka to New Zealand on June…
The Agricultural and Processed Food Products Export Development Authority (APEDA) and the Embassy of India in Reykjavik organised the first-ever Indian Mango Promotion Events in Iceland on June 24 in Reykjavik and June…
The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, facilitated the first-ever commercial export shipment of dried whole egg powder from Balangir…
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The Government of Bihar laid the foundation stone for a 20 metric tonne per day (MTPD) curd and lassi processing plant in Nalanda. The plant is part of the Biharsharif Dairy Project under COMFED's Sudha brand.
India's total exports (merchandise and services) grew 11.37% year-on-year to USD 232.73 billion in the first quarter of FY27, as per the Ministry of Commerce and Industry (MoC&I). The trade deficit widened to USD 37.42…
India and Mali institutionalised their commercial partnership through the inaugural India-Mali Forum for the Promotion of Exports to boost trade and investment. Bilateral trade between the two nations surpassed US$…
The Lieutenant Governor of Ladakh flagged off the season's first export consignment of fresh Halman apricots from Kargil to the United Arab Emirates (UAE) in New Delhi. The consignment of five metric tonnes was…
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Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise under the Ministry of Power, secured a green loan worth JPY 80 billion from the Japan Bank for International Cooperation…
The Ministry of Defence (MoD) has approved the establishment of a 250 MW Solar Power Project with Battery Energy Storage System (BESS) at Sitapur Ex-Cantonment in Uttar Pradesh. The project will be established on…
Navitas Solar has announced a proposed investment of ₹1,500 crore to set up a 3.6 GW high-efficiency solar cell manufacturing facility in Gujarat. The facility will also include a pilot wafer and ingot production line as…
NLC India Limited (NLCIL) signed a Non-Disclosure Agreement (NDA) with EDF – France on 27 April 2026 to explore the development of nuclear projects in India. The collaboration focuses on Evolutionary Power Reactor (EPR)…
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Global energy transition readiness declined for the first time in over a decade, according to the World Economic Forum (WEF) Energy Transition Index 2026. India advanced two places to rank 70th among 120 countries…
India achieved its highest-ever position in the global United Nations Sustainable Development Goals (SDG) Index, ranking 94th among 167 countries in the 2026 edition. The 2026 Sustainable Development Report was published…
Massachusetts Institute of Technology (MIT) of the United States secured the top position in the QS World University Rankings 2027. Imperial College London of the United Kingdom and Stanford University of the United…
Manipal Academy of Higher Education (MAHE) secured the No. 1 global rank for Sustainable Development Goal (SDG) 5 - Gender Equality in the Times Higher Education (THE) Impact Rankings 2026. MAHE achieved Rank 5 globally…
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Karnataka's 200-acre Semiconductor Park at KWIN City is scheduled to become operational by December 2026. The state approved investments worth ₹23,000 crore in the semiconductor and advanced Electronics System Design and…
The Andhra Pradesh government will create an angel fund for startups in collaboration with the Small Industries Development Bank of India (SIDBI). The fund is aimed at deep-tech startups in artificial intelligence (AI)…
The Ministry of Electronics and Information Technology (MeitY), under the India Semiconductor Mission (ISM), launched the "Investors Support" portal to provide single-window assistance, regulatory guidance, and grievance…
Union Electronics and Information Technology Minister Ashwini Vaishnaw virtually inaugurated the state's first semiconductor plant and a new Electronics Manufacturing Cluster (EMC) at Bhiwadi, Rajasthan. The…
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The Insurance Regulatory and Development Authority of India (IRDAI) has granted a Certificate of Registration to Prudential HCL Health Insurance Ltd. Prudential HCL Health Insurance Ltd is a joint venture between the…
The Insurance Regulatory and Development Authority of India (IRDAI) has set up a working group on Artificial Intelligence (AI) to guide the insurance sector on adoption, governance, and oversight while safeguarding…
The Insurance Regulatory and Development Authority of India (IRDAI) has initiated a nine-month investigation into the use of 'dark patterns' by insurers to gather personal information for quotes. The IRDAI has…
British insurer Aviva has signed an agreement to purchase the remaining 26% stake in Aviva Life Insurance Company India. The stake is being acquired from its local joint venture partner, Dabur Invest Corp.
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Monthly transaction volumes on the BHIM Payments App increased from 79.64 million in June 2025 to 244 million in May 2026. The platform, developed by NPCI BHIM Services Limited (NBSL), processed transactions with a total…
The Union Minister for Finance and Corporate Affairs launched several initiatives at the 37th Foundation Day of the Small Industries Development Bank of India (SIDBI) in Mumbai, highlighting a capital infusion of ₹5,000…
EnKash has launched India’s first UPI-enabled meal card, enabling employees to make payments by scanning UPI QR codes at food and grocery merchants. Under revised income-tax reforms, employees can receive up to ₹1,05,600…
National Commodity and Derivatives Exchange (NCDEX) announced the launch of RAINMUMBAI, a Securities and Exchange Board of India (SEBI)-approved exchange-traded weather derivatives contract, scheduled for May 29, 2026.…
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The Union Cabinet approved amendments to the Prevention of Paper Leak law, proposing a maximum jail term of 10 years and a fine of up to Rs 10 crore. The proposed amendments also seek to increase the minimum imprisonment…
Dharmendra Pradhan resigned as Union Education Minister on 25 July 2026, taking moral responsibility for the NEET-UG paper leak. The resignation was a core demand of the Cockroach Janta Party (CJP), which led student…
The Micro, Small and Medium Enterprises (MSME) Development (Amendment) Bill, 2026 was introduced in the Rajya Sabha on July 28, 2026. The Bill proposes a national digital platform for free and voluntary MSME…
Union Law Minister Arjun Ram Meghwal introduced the Supreme Court (Number of Judges) Amendment Bill, 2026 in the Lok Sabha. The Bill seeks to increase the strength of Supreme Court judges from 33 to 37, excluding the…
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The Union Cabinet cleared the Prevention of Insults to National Honour (Amendment) Bill to punish insult or obstruction to singing of Vande Mataram. The bill will make insulting the national song a punishable offence…
The Union Cabinet approved amending the Prevention of Insults to National Honour Act to place the National Song, Vande Mataram, on par with the National Anthem, Jana Gana Mana. Vande Mataram was penned by Bankim Chandra…
The Tripura Government has made it mandatory for all schools in the state to begin daily morning assemblies with the full rendition of the National Song, 'Vande Mataram', followed by the National Anthem, 'Jana Gana…
The Supreme Court (SC) ruled that caste-based abuse occurring inside a private residence without public presence or visibility does not attract offences under the Scheduled Castes and Scheduled Tribes (Prevention of…
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China exported no gallium, dysprosium, terbium, or yttrium to Japan in June 2026. The export restrictions followed a diplomatic rift triggered by Japanese Prime Minister Sanae Takaichi's comments on Taiwan in November…
The Government of India launched the eighth tranche of critical mineral auctions, offering 20 blocks. Of the 20 blocks, 13 were newly identified and seven were unsold from previous rounds.
Chief Minister Bhajan Lal Sharma inaugurated Rajasthan's first semiconductor cluster in Bhiwadi. The Bhiwadi electronics manufacturing cluster attracted an investment of ₹1,200 crore and is expected to generate…
Oil India Limited (OIL), a Maharatna company, has successfully unlocked a new gas-bearing pay zone in the Dandewala field of Rajasthan. The gas discovery was made at a depth of 950 metres, marking the first successful…
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The Kerala government launched the Digital Square programme on July 25, 2026, to promote digital learning in primary schools. The programme is implemented by Kerala Infrastructure and Technology for Education (KITE)…
The Ministry of Panchayati Raj (MoPR) launched the Atmanirbhar Panchayat Programme, the SAMARTH Panchayat Portal, and Model Own Source Revenue (OSR) Rules on July 27, 2026. The Atmanirbhar Panchayat Programme aims to…
The Ministry of Information and Broadcasting launched the Pilot Phase of the 'Gems of India' Challenge on July 21, 2026. The challenge aims to identify, nurture and promote grassroots digital creators from across the…
The Uttar Pradesh government launched Project Ganga to ensure last-mile digital connectivity in rural areas for digital education, telemedicine, e-governance, skill development, and technology-based employment. The…
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The Ministry of External Affairs (MEA) appointed Sanjeev Jain as the Ambassador of India to the Democratic People's Republic of Korea (DPRK). Sanjeev Jain is a 2008-batch Indian Foreign Service (IFS) officer.
India's Eighth Trade Policy Review at the World Trade Organization (WTO) concluded on July 23, 2026, in Geneva. The Indian delegation was led by Commerce Secretary Shri Rajesh Agarwal.
The Ministry of External Affairs (MEA) appointed Rudra Gaurav Shresth as India's next Ambassador to the Republic of Turkiye. Shresth is a 1999-batch Indian Foreign Service (IFS) officer.
Vipul, a 1998-batch Indian Foreign Service (IFS) officer, has been appointed as India's next ambassador to Saudi Arabia. He is currently serving as India's envoy to Qatar, a position he has held since August 2023.
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The Ministry of Earth Sciences (MoES) celebrated its 20th Foundation Day at Prithvi Bhawan, New Delhi. The India Meteorological Department (IMD) established 13 specialized Centers of Excellence across India.
The Indian Army has issued a Request for Proposal (RFP) for the procurement of 450 indigenous Carl Gustaf Mk IV multi-role rocket launchers under the Buy (Indian) category. The procurement is part of the Army's infantry…
The Indian Army has cleared the Israeli-origin MEPRO X6 telescopic sight for its in-service NEGEV light machine guns after operational and environmental trials. The programme will be executed through Bharat Electronics…
The opening ceremony of Exercise Tiger Lightning (TL)-2026 was held at the Para Commando Brigade in Jalalabad Cantonment, Sylhet on July 19, 2026. The joint exercise involves the Bangladesh Army and the United States…
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The Ministry of Electronics and Information Technology (MeitY), in collaboration with the Drone Federation India (DFI), launched the second edition of the National Innovation Challenge for Drone Application and Research…
The Indian Army received the UAV-Launched Precision Guided Munition (ULPGM) and AGNIKAA VTOL-1 First-Person View (FPV) Kamikaze Drone under emergency procurement (EP-6). Both combat systems were designed and developed by…
The Indian Army will raise specialised Baaz Battalions to strengthen intelligence, surveillance, and reconnaissance capabilities. These battalions will be built upon existing Remotely Piloted Aircraft (RPA) Flights to…
China is constructing the world's largest hydropower project on the Yarlung Tsangpo River in Tibet. The project is designed to generate approximately 300 billion kilowatt-hours of electricity annually, which is about…
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INS Malvan, the second ship in the Mahe-class Anti-Submarine Warfare Shallow Water Craft series, will be commissioned on July 22, 2026. The commissioning ceremony will be led by Air Chief Marshal A P Singh, Chief of the…
The Indian Navy (IN) commissioned INS Agray, a new anti-submarine warship built mostly in India under the Aatmanirbhar Bharat initiative. The vessel is one of eight new ships scheduled to replace the older Abhay-class…
The Indian Navy is set to induct five indigenously built naval platforms in June 2026. The new additions comprise two Project 17A stealth frigates (INS Dunagiri and INS Mahendragiri), one large survey vessel, and two…
The Indian Navy launched 'Sanghmitra', a Next Generation Offshore Patrol Vessel (NGOPV), at Garden Reach Shipbuilders & Engineers (GRSE) in Kolkata. The vessel, designated as Yard 3039, was launched by Sarita Vatsayan…
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Global energy transition readiness declined for the first time in over a decade, according to the World Economic Forum (WEF) Energy Transition Index 2026. India advanced two places to rank 70th among 120 countries…
Reporters Sans Frontieres (RSF), also known as Reporters Without Borders, is a Paris-based non-governmental organisation (NGO) that publishes the annual World Press Freedom Index. The first World Press Freedom Index was…
India ranked 125th out of 197 countries in the 2026 Global Passport Index (GPI), published by Global Citizen Solutions. India's overall score improved to 45.1, marking its highest level in five years, having risen from…
India achieved its highest-ever position in the global United Nations Sustainable Development Goals (SDG) Index, ranking 94th among 167 countries in the 2026 edition. The 2026 Sustainable Development Report was published…
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The Department of Telecom (DoT) barred communication infrastructure providers from sharing any data outside India under a new authorisation framework. All telecommunication network data, logs, and information must be…
The Ministry of Electronics and Information Technology (MeitY) stated that the Digital India programme has completed 11 years, shifting focus toward Artificial Intelligence (AI), semiconductors, and quantum technologies…
The 29th National e-Governance Conference (NCeG 2026) was inaugurated by Chief Minister Bhajanlal Sharma at the Rajasthan International Centre (RIC) in Jaipur. The conference took place on July 1 and 2, 2026, with the…
The Bharath Digital Infrastructure Association (BDIA) announced Bharat Digital Samvad, which is India's first dedicated national forum on digital sovereignty and infrastructure policy. The summit is scheduled for 20 May…
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Union Minister for Communications and Development of North Eastern Region, Jyotiraditya Scindia, launched the Cell Broadcast Alert System under the guidance of Union Home and Cooperation Minister, Amit Shah. The system…
Union Minister Jyotiraditya M. Scindia launched the ₹175-crore "Coffees of Nagaland" mission to transform Nagaland into a premium specialty coffee destination. The initiative is led by the Ministry of Development of…
Union Minister for the Development of North Eastern Region (MDoNER) Jyotiraditya Scindia and the Chief Minister of Tripura launched 'Mission Queen Pineapple' with an outlay of ₹236 crore. The mission is a three-year…
Mission Arunachal Kiwi was launched by Arunachal Pradesh Deputy Chief Minister Chowna Mein under the leadership of Prime Minister Narendra Modi and guidance of Union Minister Jyotiraditya Scindia. The mission aims to…
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IndiaAI signed a Memorandum of Understanding (MoU) with the Indian Council of Medical Research (ICMR) to advance healthcare outcomes through the responsible and scalable application of artificial intelligence (AI). The…
The Ministry of Ayush (Ayush) signed a Memorandum of Understanding (MoU) with the Digital India BHASHINI Division (DIBD) under the Ministry of Electronics and Information Technology (MeitY) to enhance multilingual access…
The IndiaAI Mission, under the Ministry of Electronics and Information Technology (MeitY), signed a Memorandum of Understanding (MoU) with nonprofit organisation Karya. The partnership aims to strengthen India’s…
The Digital India BHASHINI Division (DIBD) and the Assam Innovation & Startup Foundation (AISF) signed a Memorandum of Understanding (MoU) to promote language technology and multilingual artificial intelligence (AI)…
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Zoological Survey of India (ZSI) scientists discovered two new spider species: Simonia lawbah from Meghalaya and Hamataliwa papikonda from Andhra Pradesh. Simonia lawbah, found in the Krem Lawbah cave, measures less than…
A new genus and species of tiger moth, named Antaram idukki, has been discovered in the Idukki district of Kerala in the southern Western Ghats. The species belongs to the subfamily Arctiinae (Erebidae) within the order…
The Zoological Survey of India (ZSI) discovered two new spider species in northeast India. ZSI carried out a comprehensive taxonomic revision of Indian whip scorpions.
The Southern Birdwing, one of India's largest butterflies, was recorded for the first time in Telangana in the Kollapur Range of the Amrabad Tiger Reserve. Also known as the Sahyadri Birdwing, this large swallowtail…
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AI startup Sarvam raised $234 million in the first close of its $300 million series B funding round. The company achieved a post-money valuation of $1.5 billion.
HCLTech has announced an investment of ₹14,257 crore to set up its first AI data centre at the Odisha Sovereign AI Park. The project is in partnership with sovereign AI startup Sarvam and the Odisha government, which…
Pixxel has partnered with Sarvam to develop and build Pathfinder, which is India’s first orbital data centre satellite. The Pathfinder is a 200 kg-class satellite scheduled for launch as early as the fourth quarter (Q4)…
Uday Ruddarraju, an Indian-origin tech leader, was appointed as the Chief Technology Officer (CTO) of Compute at OpenAI in July 2026. He joined OpenAI in 2025 from Elon Musk's xAI, where he served as Head of…
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Union Minister of New and Renewable Energy (MNRE) Pralhad Joshi announced that India aims to achieve 100 GW of installed wind energy capacity by 2030 and 155 GW by 2035. India launched its first dedicated digital…
India's social protection coverage crossed the 100 crore (1 billion) mark in 2026, as announced by Union Labour and Employment Minister Mansukh Mandaviya. The coverage expanded from 19% of the population in 2015 to 68.4%…
The International Hydropower Association (IHA) released the 2026 World Hydropower Outlook, noting that South and Central Asia added 5839 MW of hydropower capacity in 2025. India aims to expand its pumped storage capacity…
Bharat Petroleum Corporation Ltd. (BPCL) acquired the remaining 39.14% stake in IBV Brasil Petroleo Limitada (IBV) for ₹2,312 crore. The acquisition, completed on July 1, 2026, increases the indirect shareholding of BPCL…
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The Ayush Export Promotion Council (AYUSHEXCIL) and the Spices Board of India signed a Memorandum of Understanding (MoU) in New Delhi to integrate India's wellness traditions with modern global markets. The MoU was…
The National Bank for Agriculture and Rural Development (NABARD) signed an MoU with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to finance green, climate-resilient and sustainable…
The Ministry of Tourism (MoT) and Air India signed an MoU on July 27, 2026, to jointly promote India as a premier global tourism destination. The MoU establishes a framework for coordinated initiatives across tourism…
The rare Himalayan flowering plant Cyananthus hookeri has been rediscovered in the Tawang district of Arunachal Pradesh. The plant belongs to the bellflower family (Campanulaceae) and was last documented in India in 1867…
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Harjinder Kaur won the silver medal in the women's 69kg weightlifting event with a personal-best total of 227kg (101kg snatch, 126kg clean and jerk). Gulveer Singh won the silver medal in the men's 10,000m with a time of…
Gyaneshwari Yadav won the silver medal in the women's 53kg weightlifting event at the 2026 Commonwealth Games. She achieved a total lift of 199 kg (88 kg in snatch and 111 kg in clean and jerk).
Raja Muthupandi won the silver medal in the men's 65kg weightlifting event at the Commonwealth Games 2026 in Glasgow. He lifted a total of 286 kg (snatch and clean and jerk) to secure second place.
Sharmila Dhankar won the gold medal in the women's shot put F57 event at the 2026 Commonwealth Games with a season-best throw of 9.81m. She became India's first para athletics gold medallist in Commonwealth Games…
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Harjinder Kaur won the silver medal in the women's 69kg weightlifting event with a personal-best total of 227kg (101kg snatch, 126kg clean and jerk). Gulveer Singh won the silver medal in the men's 10,000m with a time of…
Gyaneshwari Yadav won the silver medal in the women's 53kg weightlifting event at the 2026 Commonwealth Games. She achieved a total lift of 199 kg (88 kg in snatch and 111 kg in clean and jerk).
Raja Muthupandi won the silver medal in the men's 65kg weightlifting event at the Commonwealth Games 2026 in Glasgow. He lifted a total of 286 kg (snatch and clean and jerk) to secure second place.
Mirabai Chanu won the gold medal in the women's 48kg weightlifting event at the 2026 Commonwealth Games, Glasgow (Scotland). She set a new Commonwealth Games record with a combined lift of 190kg (85kg snatch, 105kg clean…
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The 'Weaves of India' Festival is organized by the Ministry of Textiles through the Office of the Development Commissioner (Handlooms). The festival is held at the Central Cottage Industries Emporium (CCIE) on Janpath…
Bharat Tex 2026, India's largest global textile event, was held in New Delhi from July 14 to 17, 2026. The event was inaugurated by Textiles Minister Giriraj Singh on July 14, 2026.
The Ministry of Textiles has launched the Handloom Hackathon 2026, a national innovation challenge designed to harness technology, design, and entrepreneurship for the handloom sector. The initiative is being organised…
The Commonwealth Games 2026 will be held in Glasgow, Scotland, from July 23 to August 2. The National Jute Board (NJB) under the Ministry of Textiles developed jute-viscose blended apparel for the Indian contingent.
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Assam Finance Minister Jayanta Malla Baruah presented a budget of Rs 2,85,084.45 crore for FY 2026-27, targeting a fiscal deficit of 3% of the state's GSDP. Any male practising polygamy will be ineligible for government…
The Union Minister of Agriculture and Farmers Welfare and Rural Development launched the 'PRAGATI' initiative to create a nationwide ecosystem of 20,000 agri entrepreneurs. The initiative focuses on advancing…
The Philippine Institute of Volcanology and Seismology (Phivolcs) reported strombolian activity and short-lived lava fountaining from Mayon Volcano, one of the Philippines' most active volcanoes. Nearly 1,500 families…
India ranks first globally in cotton acreage and second in both production and consumption. India's cotton production stood at 290.91 lakh bales in 2025-26, while domestic consumption reached 328 lakh bales.
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International Moon Day is observed globally on July 20 every year. An estimated 140 million pieces of space debris larger than one millimetre now orbit Earth.
The International Day of Women and Girls of African Descent is observed annually on July 25. The observance originated from a meeting of 300 Afro-descendant women from 32 countries in the Dominican Republic on July 25…
The International Day of Hope is observed annually on July 12. The day was established by the United Nations General Assembly resolution in March 2025.
The International Day for Judicial Well-being is a United Nations observance held annually on July 25. The United Nations General Assembly proclaimed the day in March 2025, commemorating the adoption of the Nauru…
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Kevin Keegan, former England captain and twice Ballon d'Or winner, died at the age of 75. He had been diagnosed with stage four cancer in June 2026, just weeks before his death.
Mal Anderson was an Australian tennis player who died at the age of 91. He was the first unseeded player to win the US Open men's singles title, achieving the victory in 1957.
Jaspal Rana passed away at the age of 49 in New Delhi due to health complications. He was serving as India's high-performance coach for pistol events at the time of his death.
Viswanathan Anand assumed the role of Interim President of the International Chess Federation (FIDE) on July 24, 2026. He took over after incumbent President Arkady Dvorkovich suspended his duties due to sanctions…
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H. Hanumanthappa, a former Rajya Sabha member and senior Indian National Congress (INC) leader, died at the age of 94. He passed away on July 12, 2026, in Bengaluru due to age-related illness.
Marcia Lucas died at the age of 80 from metastatic cancer at her home in Rancho Mirage, California. She won the Academy Award for Best Film Editing for the 1977 film Star Wars, later renamed A New Hope, alongside Richard…
Veteran playback singer S. Janaki, known as the 'Nightingale of South India,' passed away at the age of 88 in a private hospital in Mysuru due to age-related health issues. She recorded over 40,000 songs in about 20…
Vijaya Mehta, a veteran Marathi theatre director, actor, and producer, passed away at the age of 91. She co-founded the Rangayan theatre group in the 1960s alongside Vijay Tendulkar, Shriram Lagoo, and Arvind Deshpande.