14 August 2026 | English | FREE Current Affairs PDF

14 August 2026 Current Affairs PDF | English is now available for download. This daily current affairs English PDF is specially prepared for Banking, SSC, and TNPSC examinations, covering all exam-relevant national, international, economy, and banking updates in a clear and structured format. 14 August 2026 Current Affairs PDF includes important one-liners, key highlights, and concise explanations aligned with the latest exam patterns for both Prelims and Mains preparation.
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News in One Liner – 14 August 2026
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Navy’s New Offshore Patrol Vessel Shruti Launched in Kolkata
● The Next Generation Offshore Patrol Vessel named Shruti was launched at Garden Reach Shipbuilders and Engineers Limited in Kolkata on 11 August 2026.
Simplified News: India’s Navy got a new patrol ship called Shruti, launched at the Garden Reach Shipbuilders yard in Kolkata on 11 August 2026. It’s part of a new class of ships being built to patrol the coast, help in rescue operations, and fight piracy. The ship is named after the Vedas, continuing the class’s tradition of names drawn from Indian heritage.
President to Honour 115 Artists with Sangeet Natak Akademi Awards
● The President of India will confer Sangeet Natak Akademi Fellowships and Awards for 2024 and 2025 on 115 artists at Vigyan Bhawan in New Delhi on 13 August 2026.
Simplified News: The President of India will felicitate 115 artists from across the country with Sangeet Natak Akademi Fellowships and Awards for 2024 and 2025 at a ceremony in New Delhi. These are the country’s top honours for music, dance, and drama, and have been given out every year since 1952. Fellows get three lakh rupees while Award winners receive one lakh rupees.
India-Namibia Trade Crosses $592 Million After Fourth Joint Committee Talks
● Bilateral merchandise trade between India and Namibia expanded to 592.94 million United States dollars during financial year 2025-26 following Joint Trade Committee discussions in New Delhi.
Simplified News: India and Namibia held their fourth Joint Trade Committee meeting in New Delhi, where officials reported that trade between the two countries grew to nearly 593 million US dollars in 2025-26. The two sides also agreed to expand cooperation on critical minerals and finalised terms for a new trade agreement with Southern African nations. India’s UPI payment system has also been rolled out in Namibia under a local name.
PM Modi Releases Former President Kovind’s Autobiography
● Prime Minister Narendra Modi will release the autobiography of former President Ram Nath Kovind titled Triumph of the Indian Republic My Life My Struggles in New Delhi.
Simplified News: Prime Minister Narendra Modi released the autobiography of former President Ram Nath Kovind, titled Triumph of the Indian Republic My Life My Struggles, at an event in New Delhi. The book covers Kovind’s personal journey from his early life to becoming India’s 14th President. It documents the struggles and values that shaped his career in public service.
Rail Coach Factory Kapurthala Exports First Coaches to Bangladesh
● Rail Coach Factory Kapurthala rolled out its first rake of nineteen Linke Hofmann Busch broad gauge passenger coaches for Bangladesh Railway on twelve August two thousand twenty six.
Simplified News: Rail Coach Factory Kapurthala sent out its first batch of 19 modern passenger coaches built specially for Bangladesh Railway. The coaches include sleeper cars, chair cars, and safety features that meet European crash-protection standards. They run on a different electrical voltage than Indian trains, since they’re customised for Bangladesh’s rail network.
MSME Ministry, DPIIT Ink Deal to Boost GI Product Sales Under Bharat GI
● The Ministry of Micro Small and Medium Enterprises signed a Memorandum of Understanding with the Department for Promotion of Industry and Internal Trade on eleven August two thousand twenty six to commercialise Geographical Indication products under a dedicated Bharat GI banner.
Simplified News: The Ministry of MSME and the Department for Promotion of Industry and Internal Trade signed an agreement to help local artisans sell their Geographical Indication-tagged products online. The products will be marketed under a common Bharat GI banner on platforms like ONDC and the Government e-Marketplace. The initiative also links with the One District One Product scheme to support weavers and craftspeople.
Industry News
Net Direct Tax Collections Jump 23% to Cross ₹8.11 Lakh Crore
● India’s net direct tax collections rose by twenty three point zero nine percent year on year to cross eight point eleven trillion rupees up to ten August two thousand twenty six.
Simplified News: India’s net direct tax collections grew by over 23 percent so far this financial year, crossing eight lakh crore rupees by 10 August. Both corporate and personal income tax collections rose sharply, while tax refunds also increased. Collections from the Securities Transaction Tax saw the fastest growth of all, jumping 51 percent.
Financial News
RBI Governor Flags BRICS Talks on Linking Digital Currencies
● Reserve Bank of India Governor Sanjay Malhotra stated that BRICS nations are discussing linking their Central Bank Digital Currencies and fast payment systems like Unified Payments Interface to enable cheaper and faster cross-border transactions.
Simplified News: RBI Governor Sanjay Malhotra said BRICS countries are discussing how to connect their central bank digital currencies and fast payment systems, similar to India’s UPI. The goal is to make cross-border payments between these countries cheaper and much faster than the current system, which can take hours or days. RBI wants this proposal discussed at the 2026 BRICS Summit, which India will host.
Unclaimed Bank Deposits in RBI’s Awareness Fund Cross ₹86,900 Crore
● Unclaimed bank deposits transferred to the Reserve Bank of India Depositor Education and Awareness Fund reached eighty six thousand nine hundred seventeen crore rupees as of thirty June two thousand twenty six.
Simplified News: Money sitting untouched in bank accounts for ten years or more gets transferred to a special RBI fund, and this pool has now crossed 86,917 crore rupees. About a quarter of this amount comes from State Bank of India accounts alone. Account holders or their heirs can still claim this money with interest through RBI’s UDGAM portal, which helps search across multiple banks at once.
SEBI Proposes Common Vaulting Rules for Gold, Silver ETFs
● Securities and Exchange Board of India proposed bringing vault managers of gold and silver Exchange Traded Funds and physically settled derivatives under a unified common regulatory framework.
Simplified News: Markets regulator SEBI has proposed a single set of storage and safety rules for companies that keep physical gold and silver on behalf of exchange-traded funds and commodity derivatives. Currently, only vault managers linked to Electronic Gold Receipts are regulated this way. SEBI also wants to raise the minimum net worth needed to register as a vault manager and add stronger protection against theft and cyberattacks.
SEBI Proposes Letting Foreign Investors Trade in Physical Commodity Derivatives
● Securities and Exchange Board of India proposed allowing Foreign Portfolio Investors to trade physically settled non-agricultural commodity derivatives and related index contracts on domestic exchanges.
Simplified News: SEBI has proposed allowing Foreign Portfolio Investors to trade in commodity derivatives that are settled with actual physical delivery, not just cash, for items like crude oil, gold, and silver. Currently, FPIs mostly deal in commodities that don’t involve real delivery. The regulator believes this move will bring in more foreign money and improve price discovery in Indian commodity markets.
RBI Explores Introducing Plastic ₹10 and ₹20 Notes
● Reserve Bank of India initiated global tenders for polymer substrates to trial ten rupee and twenty rupee notes, requiring commercial banks to replace Automated Teller Machine cassettes.
Simplified News: The Reserve Bank of India is testing new polymer, or plastic, versions of the ten and twenty rupee notes to see how well they hold up in Indian weather and how hard they are to fake. If the trials succeed, these notes could roll out by 2028, but banks would need to upgrade their ATMs to handle the different note size. Around 60 countries worldwide already use plastic currency.
Parliament Passes Bill to Strengthen Funding for Cooperatives
● Parliament passed the National Co-operative Development Corporation Amendment Bill two thousand twenty six on twelve August to enable direct funding and expand activities into industrial goods.
Simplified News: Parliament passed a new law updating the 1962 Act that governs the National Co-operative Development Corporation, allowing it to fund a wider range of activities including making industrial goods. The corporation can now give loans and grants directly to cooperative societies instead of routing them through state governments. A new university will also be set up to train 17 lakh young people for jobs in the cooperative sector.
RBI Cancels Registration of 59 Non-Banking Financial Companies
● Reserve Bank of India cancelled the Certificate of Registration of fifty-nine Non-Banking Financial Companies under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
Simplified News: The Reserve Bank of India cancelled the licenses of 59 Non-Banking Financial Companies spread across states like West Bengal, Maharashtra, and Telangana. These companies can no longer legally operate as NBFCs after losing their registration. The action is part of RBI’s regular checks to make sure such companies follow proper capital and governance rules.
National & State News
President Approves Law Criminalising Disruption of Vande Mataram
● President Droupadi Murmu gave assent to the Prevention of Insults to National Honour Amendment Bill two thousand twenty six to criminalise intentional disruption of singing Vande Mataram.
Simplified News: President Droupadi Murmu signed off on a new law that makes it a punishable offence to deliberately disrupt people singing the national song, Vande Mataram. Anyone found guilty can face up to three years in jail, the same punishment as disrupting the national anthem. The law also requires all six stanzas of the song to be sung before the national anthem at joint ceremonies.
Parliamentary Panel Finds All Charges Proven Against Ex-Judge Yashwant Varma
● A three-member parliamentary inquiry committee headed by Supreme Court Justice Aravind Kumar found all charges proven against former High Court judge Yashwant Varma regarding unaccounted cash.
Simplified News: A three-member committee set up by Parliament, led by Supreme Court Justice Aravind Kumar, has found that all charges against former High Court judge Yashwant Varma are proven. The case involves unexplained cash found at the judge’s official residence in New Delhi. The committee’s report also noted that evidence appeared to have been tampered with after a fire at the property.
Government Blocks 87 Illegal Instant Loan Apps
● Ministry of Electronics and Information Technology blocked eighty seven unauthorized mobile lending applications under Section 69A of the Information Technology Act two thousand.
Simplified News: The Ministry of Electronics and IT ordered 87 unauthorised loan apps to be blocked after finding they were charging excessive interest, misusing personal data, and using unfair recovery methods against borrowers. None of these apps had proper approval from the Reserve Bank of India to operate. The Ministry of Corporate Affairs is also investigating the companies behind these apps separately.
Parliament Approves Renaming Kerala to Keralam
● Rajya Sabha passed the Kerala Alteration of Name Bill two thousand twenty six on twelve August to officially rename the state as Keralam in constitutional records.
Simplified News: Parliament has officially approved changing the state’s name from Kerala to Keralam in all constitutional and government records, reflecting how the name is written in Malayalam. The Rajya Sabha gave its final approval on 12 August after the Lok Sabha had already cleared the bill. On the same day, Parliament also decided to send a separate bill on foreign funding rules to a special 31-member committee for review.
Science & Technology
NASA Invites ISRO to Join Its Moon Base Programme
● National Aeronautics and Space Administration invited Indian Space Research Organisation to participate in its Moon Base programme during the ninth civil space working group meeting in Bengaluru.
Simplified News: The US space agency NASA has invited India’s ISRO to be part of its plans to build a human base on the Moon, near the lunar South Pole. The invitation came during a meeting between Indian and American space officials in Bengaluru. Both sides also discussed sharing scientific data more openly as part of an existing space cooperation agreement.
Railways Sanctions ₹295 Crore for Kavach Safety System in UP
● Ministry of Railways sanctioned two hundred ninety five crore rupees to deploy Kavach Version four point zero across six hundred sixty route kilometres of Izzatnagar Division.
Simplified News: Indian Railways has approved 295 crore rupees to install its automatic train protection system, Kavach 4.0, across 660 kilometres of track in the Izzatnagar Division of Uttar Pradesh. This system automatically applies brakes to prevent trains from passing a red signal and helps operate safely even in dense fog. The project will cover 53 railway stations in the region.
Indian Fencers Win 17 Medals on Opening Day in Nigeria
● Indian fencers won seventeen medals, including four gold medals, on the opening day of the Under Twenty Three Commonwealth Fencing Championship in Lagos.
Simplified News: India’s fencing team had a strong start at the Under-23 Commonwealth Fencing Championship in Lagos, Nigeria, winning 17 medals on the very first day, including four golds. Nikhil Wagh won gold in the men’s event while Joys Ashita and Prachi Lohan took gold in the women’s events. Indian fencers reached the podium in every one of the six individual categories held that day.
Important Days
PM Modi Marks World Elephant Day, Cites India’s Conservation Record
● Prime Minister Narendra Modi marked World Elephant Day by highlighting that India shelters over sixty percent of the world’s wild Asian elephants across thirty three reserves.
Simplified News: On World Elephant Day, Prime Minister Modi highlighted that India is home to more than 60 percent of the world’s wild Asian elephants, spread across 33 protected reserves in 14 states. The government has also created 150 scientifically identified elephant corridors to help the animals move safely between habitats. Officials credited forest staff, scientists, and local communities for the conservation success.
Ranking and Reports
SBI Research Projects 8% GDP Growth for Q1 FY27
● State Bank of India Research estimated India’s real Gross Domestic Product growth for the first quarter of Financial Year 2027 at eight percent, surpassing the Reserve Bank of India forecast of seven percent.
Simplified News: SBI’s research team expects India’s economy to have grown by 8 percent in the April-June quarter of this financial year, higher than the Reserve Bank of India’s own estimate of 7 percent. The upbeat forecast is based on strong government spending and faster growth in bank credit and deposits. Most of the economic indicators tracked by SBI showed improvement compared to the same period last year.
Retail Inflation Rises to 4.45% in July, Driven by Food Prices
● India’s retail Consumer Price Index inflation rose to four point four five percent in July, staying above the Reserve Bank of India four percent midpoint target for the second consecutive month.
Simplified News: India’s retail inflation edged up to 4.45 percent in July, staying above the Reserve Bank of India’s ideal target of 4 percent for the second month running. Rising prices of ginger, garlic, and onions pushed up food inflation, while gold and silver jewellery also became sharply more expensive. Despite this, inflation remains within the RBI’s comfortable range of 2 to 6 percent, and the central bank kept interest rates unchanged.
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