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Daily Current Affairs and GK Updates (5th August, 2026)

National News

Supreme Court Extends Mandatory Third-Party Insurance Period for New Vehicles

  • Mandatory third-party insurance period has been extended for all newly purchased private vehicles.
  • New private cars will now require 4 years of compulsory third-party insurance instead of 3 years.
  • New two-wheelers will require 6 years of mandatory third-party insurance instead of 5 years.
  • The Supreme Court issued the order on 4 August 2026 to improve road safety and insurance compliance.
  • The Court directed IRDAI to implement the revised insurance norms immediately.
  • Compliance affidavits have been sought from stakeholders by 14 August 2026.
  • The next hearing in the matter has been scheduled for 18 August 2026.
  • The Court proposed a four-layer insurance framework, “No Insurance, No Fuel” pilot, and integration of ANPR, VAHAN, and Insurance Information Bureau databases to identify uninsured vehicles.
  • Key Fact: Third-party motor insurance is mandatory under the Motor Vehicles Act, 1988, as it covers damages caused to third parties in road accidents.

TRAI Revamps MyCall App to Improve Voice Call Quality Monitoring

  • TRAI has launched a revamped TRAI MyCall mobile application to improve voice call quality monitoring.
  • The upgraded app was introduced on 3 August 2026.
  • Users can now rate calls using a 1–5 star rating system.
  • The app enables reporting of issues such as call drops, echo, voice breaking, audio delay, and one-way audio.
  • It includes a signal coverage testing feature to assess network quality.
  • Automatic post-call feedback prompts make reporting easier for users.
  • An interactive map displays users’ call quality feedback history.
  • TRAI will combine consumer feedback with technical network data to improve telecom services and enhance Quality of Experience (QoE).
  • Key Fact: TRAI was established in 1997 under the Telecom Regulatory Authority of India Act, 1997.

Centre Proposes Legal Framework for Two-Wheeled Ambulances to Boost Emergency Care

  • The Ministry of Road Transport and Highways (MoRTH) has proposed draft rules for two-wheeled ambulances.
  • Bike ambulances will be recognized as a separate category under the Central Motor Vehicles Rules, 1989.
  • The initiative aims to improve emergency medical response in rural, hilly, disaster-prone, and congested urban areas.
  • L2-category bike ambulances manufactured from 1 October 2027 must comply with AIS-209 (Part 1):2026 standards.
  • The vehicles must carry prescribed emergency medical equipment.
  • Bike ambulances will be classified as transport vehicles requiring registration.
  • Periodic fitness certification will also be mandatory for these vehicles.
  • The proposal seeks to reduce emergency response time and strengthen last-mile healthcare delivery.
  • Key Fact: Bike ambulances are especially effective in areas where conventional ambulances cannot reach quickly due to difficult terrain or heavy traffic.

India Plans to Expand Power Capacity to 874 GW by 2031-32

  • India plans to expand its installed power generation capacity to 874 GW by 2031-32.
  • The country’s installed capacity stood at 548.86 GW as of 30 June 2026.
  • India has already achieved 54.18% non-fossil fuel installed capacity, surpassing its 2030 NDC target of 50%.
  • The roadmap includes adding 80 GW of new coal-based power capacity.
  • Expansion of hydropower and nuclear energy is also planned.
  • The government aims to develop 15,870 MW of Pumped Storage Projects (PSPs).
  • It also plans 15,754 MW of Battery Energy Storage Systems (BESS).
  • The transmission network will be strengthened with 191,474 circuit km of new lines and 1,274 GVA transformation capacity.
  • Key Fact: India has pledged to achieve Net Zero carbon emissions by 2070.

Supreme Court Extends 10-km Mining Buffer Around Wetlands Across India

  • The Supreme Court has ordered a 10-km mining buffer zone around all notified wetland conservation reserves.
  • The order extends an earlier ruling that applied only to the Asan Wetland Conservation Reserve in Uttarakhand.
  • The judgment was delivered on 4 August 2026.
  • The directive applies across the Himalayan region unless an expert committee confirms the absence of notified wetlands.
  • The order aims to protect fragile wetland ecosystems from mining and harmful environmental activities.
  • Wetlands play a crucial role in groundwater recharge and flood control.
  • They also support biodiversity and act as important carbon sinks.
  • The judgment strengthens environmental conservation and sustainable management of ecologically sensitive areas.
  • Key Fact: India is a signatory to the Ramsar Convention on Wetlands, an international treaty for wetland conservation adopted in 1971.

FCRA Amendment Bill 2026 Seeks Stricter Rules on Foreign Funding and NGO Compliance

  • The Foreign Contribution (Regulation) Amendment Bill, 2026 proposes major reforms in foreign funding regulations.
  • A Designated Authority will manage foreign-funded assets if FCRA registration expires, is cancelled, or surrendered.
  • The Bill mandates time-bound utilization of foreign contributions.
  • It restricts the transfer of assets during suspension of FCRA registration.
  • Automatic cessation of registration has been proposed under specified conditions.
  • Prior approval of the Central Government will be required before FCRA investigations.
  • The definition of key functionaries has been expanded to improve accountability.
  • The Bill reduces the maximum imprisonment for violations from five years to one year, while aiming to improve transparency and national security.
  • Key Fact: The Foreign Contribution (Regulation) Act (FCRA), 2010 regulates the acceptance and utilization of foreign contributions by individuals and organizations in India.

Supreme Court Orders Stronger Measures to Combat Digital Arrest Scams and Cyber Fraud

  • The Supreme Court has issued nationwide directions to curb digital arrest scams and cyber financial fraud.
  • RBI has been directed to prepare a Standard Operating Procedure (SOP) within four weeks.
  • The SOP will focus on identifying, freezing, and investigating mule bank accounts.
  • All States and Union Territories have been instructed to operationalize the Cyber Fraud Grievance Redressal Module.
  • The Money Restoration Module and e-Zero FIR system must also be implemented nationwide.
  • The Indian Cyber Crime Coordination Centre (I4C) will support the implementation process.
  • MeitY, DoT, and I4C have been asked to examine a technological “kill switch” for suspicious scam video calls.
  • An Inter-Departmental Committee will explore a shared liability and victim compensation framework for cyber fraud victims.
  • Key Fact: The Indian Cyber Crime Coordination Centre (I4C) functions under the Ministry of Home Affairs to coordinate efforts against cybercrime across India.

State News

Kerala Launches AI-Powered Governance Reforms to Boost Public Service Delivery

  • Kerala has launched a comprehensive AI-powered governance reform programme to modernize public administration.
  • The initiative integrates artificial intelligence, digital governance, and process re-engineering across government departments.
  • It aims to deliver faster, transparent, and citizen-centric public services.
  • AI-assisted decision-making will help analyze administrative data for improved policy formulation.
  • Digital platforms will speed up application processing, online approvals, and grievance redressal.
  • Routine administrative tasks will be automated to improve efficiency and reduce bureaucratic delays.
  • Data-driven governance will be used to monitor government schemes and optimize resource allocation.
  • The reforms strengthen coordination among departments while reinforcing Kerala’s position as a leader in digital governance.
  • Key Fact: Kerala has consistently ranked among India’s leading states in e-governance, digital literacy, and public service delivery initiatives.

Uttar Pradesh Presents ₹59,019 Crore Supplementary Budget with Focus on Infrastructure and Development

  • The Uttar Pradesh Government has presented a ₹59,019.54 crore Supplementary Budget for 2026-27.
  • More than 70% (₹41,620.04 crore) of the budget has been allocated for capital expenditure.
  • Finance Minister Suresh Kumar Khanna tabled the supplementary budget in the state assembly.
  • The budget prioritizes industrial development, infrastructure creation, and economic growth.
  • Major allocations include ₹20,905.88 crore for industries and infrastructure.
  • Rural development has received ₹14,184.72 crore, while the energy sector has been allocated ₹7,422.27 crore.
  • Significant funding has also been provided for healthcare, agriculture, school education, technical education, and local governance.
  • The supplementary budget complements the state’s ₹9.12 lakh crore Annual Budget and aims to generate employment and strengthen public service delivery before the 2027 Assembly elections.
  • Key Fact: A Supplementary Budget is presented to seek additional legislative approval for expenditure not covered or insufficiently provided in the original budget.

Maharashtra Bans Analogue Paneer for One Year to Strengthen Food Safety

  • The Maharashtra Government has imposed a one-year statewide ban on analogue paneer from 30 July 2026.
  • The ban has been enforced under the Food Safety and Standards Act, 2006.
  • Manufacture, storage, transportation, distribution, and sale of analogue paneer have been prohibited across the state.
  • The decision aims to prevent non-dairy substitutes from being sold as traditional milk-based paneer.
  • The ban applies to hotels, restaurants, caterers, cloud kitchens, and other food businesses.
  • Since 1 May 2026, establishments had already been required to disclose the use of paneer analogues on menus, bills, and display boards.
  • Violations may attract imprisonment of up to six months and a fine of up to ₹1 lakh.
  • The move seeks to strengthen consumer protection, food safety, and transparency in the food industry.
  • Key Fact: Analogue paneer is a non-dairy substitute prepared mainly from vegetable fats, starch, and food additives instead of milk.

Himalayan Serow Spotted in Himachal Pradesh After 20 Years, Boosting Conservation Efforts

  • The Himalayan Serow (Capricornis thar) has been recorded in Himachal Pradesh after nearly 20 years.
  • The rare animal was video-recorded on 4 August 2026.
  • The sighting occurred near the Kalatop-Khajjiar Wildlife Sanctuary in Dalhousie catchment forests.
  • The discovery confirms the continued presence of this elusive goat-antelope in the Western Himalayas.
  • The Himalayan Serow is classified as Near Threatened (NT) on the IUCN Red List.
  • Major threats include habitat loss, forest fragmentation, poaching, and human encroachment.
  • The rediscovery highlights the success of forest monitoring and wildlife conservation efforts in the region.
  • It also emphasizes the importance of protecting Himalayan ecosystems and biodiversity.
  • Key Fact: The Himalayan Serow is protected under Schedule I of the Wildlife (Protection) Act, 1972, providing it the highest level of legal protection in India.

International News

Nauru’s Climate-Funded Golden Passport Scheme: How It Works

  • The Republic of Naoero (formerly Nauru) has launched the Economic and Climate Resilience Citizenship Program (ECRCP).
  • The scheme offers citizenship by investment to raise funds for climate adaptation projects.
  • Eligible applicants can obtain Nauruan citizenship by investing US$115,000.
  • A discounted investment amount of US$90,000 is available until 31 December 2026.
  • Applicants must pass strict background and due diligence checks before approval.
  • Funds raised will support relocation of vulnerable communities, climate-resilient infrastructure, and sustainable development projects.
  • The first phase of the programme is expected to cost over US$60 million.
  • As of August 2026, more than 120 citizenships had been granted, while successful applicants receive visa-friendly passports but cannot own land in Nauru.
  • Key Fact: Nauru is the world’s third-smallest country by land area, covering about 21 sq. km, after Vatican City and Monaco.

13th BRICS Education Ministers’ Meeting Begins in Bhubaneswar

  • The 13th BRICS Education Ministers’ Meeting is being held in Bhubaneswar, Odisha, from 5–7 August 2026.
  • The event is being held alongside the 3rd BRICS Senior Officials’ Meeting.
  • Education Ministers and senior officials from BRICS countries are participating in the discussions.
  • India is being represented by Union Education Minister Prahlad Joshi.
  • Key agenda items include early childhood education, digital learning, and skill development.
  • Discussions also focus on research and innovation, startup ecosystems, and academic collaboration.
  • The meeting aims to strengthen institutional partnerships and promote student and faculty exchanges.
  • It reinforces BRICS’ commitment to building inclusive, future-ready education systems and deeper cooperation among emerging economies.
  • Key Fact: BRICS currently comprises Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the UAE, Indonesia, and Saudi Arabia (invited/participating framework), making it one of the world’s largest economic groupings.

Banking News

Bankers’ Books Evidence Bill 2026 Gives Legal Recognition to Digital Banking Records

  • The Bankers’ Books Evidence Bill, 2026 has been introduced in the Lok Sabha.
  • The Bill seeks to replace the Bankers’ Books Evidence Act, 1891.
  • It grants legal recognition to authenticated electronic banking records as admissible evidence in courts.
  • Digital records must be accurate, authentic, and free from tampering to be accepted.
  • The Bill continues to protect bank officials from unnecessary court appearances.
  • It clearly defines the term “special cause” for demanding original banking records.
  • The Central Government will be empowered to extend the law to financial institutions beyond banks.
  • The legislation aligns banking laws with digital banking, internet banking, UPI, and electronic record-keeping to simplify judicial processes.
  • Key Fact: The existing Bankers’ Books Evidence Act, 1891 was enacted during the British era to facilitate the use of bank records as legal evidence.

Government Proposes MDR on Select UPI Transactions to Strengthen Digital Payments Ecosystem

  • The Union Ministry of Finance has proposed amendments to the Payment and Settlement Systems Act, 2007.
  • The proposal seeks to remove the zero-MDR provision under Section 10A.
  • Banks and payment service providers may be allowed to charge Merchant Discount Rate (MDR) on selected digital transactions.
  • The proposal mainly targets large merchants with annual turnover above ₹50 crore.
  • Small businesses with turnover up to ₹1.5 crore and consumers are expected to remain exempt.
  • The proposed MDR may be capped at 0.5%.
  • It may apply to UPI transactions above ₹2,000, though no final decision has been taken.
  • The objective is to ensure the long-term financial sustainability of India’s rapidly growing digital payments ecosystem.
  • Key Fact: UPI was launched by the National Payments Corporation of India (NPCI) in 2016.

RBI Keeps Repo Rate Unchanged at 5.25%; Maintains Neutral Stance in August 2026 Monetary Policy

  • The Reserve Bank of India (RBI) has kept the Repo Rate unchanged at 5.25% in the August 2026 Monetary Policy.
  • The Monetary Policy Committee (MPC) unanimously retained the Neutral policy stance.
  • The Standing Deposit Facility (SDF) remains at 5.00%.
  • The Marginal Standing Facility (MSF) and Bank Rate continue at 5.50%.
  • RBI has projected FY 2026-27 GDP growth at 6.7%.
  • The central bank has forecast CPI inflation at 5.0% for FY 2026-27.
  • RBI highlighted risks from food inflation, fuel prices, geopolitical tensions, El Niño, and global trade uncertainties.
  • The next MPC meeting is scheduled for 5–7 October 2026.
  • Key Fact: The Monetary Policy Committee (MPC) consists of six members, with the RBI Governor serving as its Chairperson.

Business News

LIC OFS 2026: Government Sells Up to 6.5% Stake at ₹382 per Share

  • The Government of India has launched an Offer for Sale (OFS) for Life Insurance Corporation of India (LIC).
  • Up to 6.5% stake is being offered at a floor price of ₹382 per share.
  • The objective is to increase public shareholding and raise disinvestment proceeds.
  • Since it is an OFS, LIC is not issuing new shares, and its financial position remains unchanged.
  • If fully subscribed, the government could raise around ₹31,400 crore.
  • The government’s shareholding in LIC would reduce from 96.5% to 90%.
  • Public shareholding would increase to 10%, helping LIC meet regulatory norms.
  • Retail investors are eligible for an additional ₹10 discount on the final cut-off price, making the issue attractive for eligible investors.
  • Key Fact: LIC was established in 1956 after the nationalization of India’s life insurance industry and is the country’s largest life insurer.

Science & Technology News

WHO’s IARC Classifies Three Common Medicines as Carcinogenic to Humans

  • The International Agency for Research on Cancer (IARC) has classified hydrochlorothiazide, voriconazole, and tacrolimus as Group 1 carcinogens.
  • The classification was published in Volume 137 of the IARC Monographs.
  • Hydrochlorothiazide has been linked to skin and lip cancers.
  • Voriconazole has been associated with an increased cancer risk under specific conditions.
  • Tacrolimus has been linked to non-Hodgkin lymphoma and post-transplant lymphoproliferative disorder (PTLD).
  • Experts clarified that the classification identifies a potential hazard and not the level of individual risk.
  • Patients have been advised not to discontinue prescribed medicines without consulting their doctors.
  • The assessment aims to improve awareness while supporting evidence-based medical decision-making.
  • Key Fact: Group 1 carcinogen means there is sufficient scientific evidence that an agent can cause cancer in humans.

ICAR Develops India’s First Indigenous Vaccine Against African Swine Fever

  • ICAR has developed India’s first indigenous vaccine against African Swine Fever (ASF).
  • The vaccine was developed by ICAR–National Institute of High Security Animal Diseases (ICAR-NIHSAD), Bhopal.
  • It is a MA-104 cell line-based live attenuated Genotype II vaccine.
  • The vaccine was launched during ICAR Foundation Day 2026 by Union Agriculture Minister Shivraj Singh Chouhan.
  • It has successfully cleared safety, efficacy, and field trials.
  • The vaccine is designed for large-scale and cost-effective production.
  • It is recommended for pigs above eight weeks of age, with a 1 mL intramuscular dose followed by a booster after 14 days.
  • The breakthrough supports Atmanirbhar Bharat in veterinary healthcare and helps control ASF outbreaks that have severely affected pig farming in the North-East.
  • Key Fact: African Swine Fever (ASF) is a highly contagious viral disease of pigs with no risk of transmission to humans.

ICAR Develops India’s First Complete Pigeonpea Genome to Boost Climate-Resilient Pulse Breeding

  • ICAR has developed India’s first fully annotated Telomere-to-Telomere (T2T) reference genome of pigeonpea variety ‘Asha’.
  • The genome consists of 752.65 million base pairs.
  • It contains 92 contigs, 11 chromosomes, 11 centromeres, 22 telomeres, and 36,557 genes.
  • The genome has been approved as the global reference genome and deposited in the NCBI database.
  • The breakthrough builds upon ICAR-NIPB’s 2011 draft pigeonpea genome.
  • It will accelerate molecular breeding and genome-editing research for improved pigeonpea varieties.
  • The achievement will help develop high-yielding, climate-resilient, and nutrient-rich pulse varieties.
  • It supports the Mission for Aatmanirbharta in Pulses (2025–26 to 2030–31), which targets 35 million tonnes of pulse production by 2030–31.
  • Key Fact: Pigeonpea (Tur/Arhar) is one of India’s most important pulse crops and is a major source of plant protein for millions of people.

Obituaries News

Former Chief Justice M.S. Liberhan, Head of Babri Probe Commission, Dies at 87

  • Former Chief Justice M.S. Liberhan passed away on 2 August 2026 at the age of 87.
  • He began his legal career at the Punjab and Haryana High Court in 1964.
  • Justice Liberhan later served as the Chief Justice of the Madras High Court.
  • He also served as the Chief Justice of the Andhra Pradesh High Court.
  • He is best remembered for heading the Liberhan Commission constituted on 16 December 1992.
  • The Commission was established to investigate the Babri Masjid demolition.
  • After nearly 17 years and 48 extensions, the Commission submitted its report on 30 June 2009.
  • The report described the demolition as a “meticulously planned” act and remains one of India’s longest-running commissions of inquiry.
  • Key Fact: The Liberhan Commission became the longest-serving Commission of Inquiry in India’s history, taking nearly 17 years to submit its final report.

Veteran Actor Pradeep Rawat Dies at 74 After Battle with Blood Cancer

  • Veteran actor Pradeep Rawat passed away on 4 August 2026 at the age of 74 after battling blood cancer.
  • His acting career spanned more than four decades across Hindi, Telugu, Tamil, and other regional film industries.
  • He first gained recognition for portraying Ashwatthama in B.R. Chopra’s Mahabharat.
  • Rawat made his Hindi film debut with Meri Jung (1985).
  • He became widely known for memorable performances in Sarfarosh, Lagaan, Ghajini, The Hero: Love Story of a Spy, Grand Masti, Singh Is Bliing, and Chhaava.
  • He earned immense popularity for portraying powerful villainous and character roles.
  • Born in Jabalpur, Madhya Pradesh, he left a lasting impact on Indian cinema through his versatile performances.
  • His demise marks the end of an illustrious career celebrated across multiple Indian film industries.
  • Key Fact: Pradeep Rawat became a household name after portraying Ashwatthama in B.R. Chopra’s iconic television series Mahabharat.

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.