31 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. 31 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 – 29-30-31-August-2026

PIB News

PMJDY Completes 12 Years, Crosses 59 Crore Accounts

The Pradhan Mantri Jan Dhan Yojana marked 12 years since its August 2014 launch, with total accounts crossing 59.09 crore and deposits reaching ₹3.17 lakh crore. Women hold 56% of these accounts, and 78% belong to rural and semi-urban India, reflecting the scheme’s reach into underserved areas. Alongside this, banks have issued over 41 crore free RuPay debit cards carrying built-in accident insurance cover.

PM Modi Addresses Khelo India Dialogue Ahead of Sports Day

Prime Minister Narendra Modi addressed the Khelo India Dialogue via video conference, laying out India’s sports vision centred on early talent identification for children aged 5-15 and preparing athletes for the 2036 Olympics. The address, coming ahead of National Sports Day on 29 August, also stressed building district-level sports ecosystems and expanding into non-traditional sports like surfing and winter sports.

Sugar Prices Ease After Duty-Free Import and Stock Limit Move

Sugar prices softened after the central government allowed duty-free imports of 1 million tonnes of raw sugar and capped stockholding by bulk buyers to check hoarding. Spot prices in Kolhapur fell 12.59% to ₹5,550 per quintal, though Muzaffarnagar’s wholesale rates held steady at ₹5,800 per quintal in the same period.

India’s US Trade Surplus Shrinks 28% After Tariff Hit

India’s trade surplus with the United States contracted 28% to $31.2 billion in 2025-26 as fresh export tariffs and rising imports from the US narrowed the gap. Despite safeguard tariffs of 25-55% on categories like quartz surface products, the US still accounts for roughly a fifth of India’s total merchandise exports.

Industry News

Railways to Four-Lane 11,000 KM of High-Density Corridors

Indian Railways plans to four-lane seven high-density corridors spanning nearly 11,000 km, including routes like Delhi-Howrah and Mumbai-Chennai, which carry over 41% of the network’s traffic despite forming only 16% of its route length. The expansion aims to ease congestion, raise train speeds, and prepare for growing passenger and freight demand.

Financial News

RBI May Use Incremental CRR to Mop Up Surplus Liquidity

With banking system liquidity surplus projected to approach ₹10 trillion, analysts expect the RBI to deploy an Incremental Cash Reserve Ratio (iCRR) to temporarily absorb excess funds rather than moving straight to a repo rate hike. The tool lets the central bank manage liquidity from government spending and capital inflows without immediately shifting its rate stance.

RBI Steps Up Continuous FX Intervention to Steady Rupee

The RBI has moved from intervening only during sharp swings to a more continuous presence in currency markets whenever the rupee weakens, backed by over $72 billion mobilised through special FX deposit and borrowing facilities. The approach has pushed near-term rupee volatility down to a 10-month low even as elevated crude prices and importer dollar demand persist.

National & State News

Heatwaves, Lightning Declared Notified Disasters

Acting on 16th Finance Commission recommendations, the Ministry of Home Affairs added heatwaves and lightning to the list of notified natural calamities, taking the total to 14. States can now draw on the full ₹1.6 lakh crore SDRF/NDRF allocation for these events, removing the earlier 10% spending cap that applied when they were only “local disasters.”

Parliamentary Panel Flags Poor Uptake of Free Coaching Scheme

A parliamentary panel found that only 2,790 SC/OBC students enrolled in the government’s Free Coaching Scheme over three years, far short of the 10,500 target, with actual spending consistently below allocated budgets. The committee questioned raising next year’s target to 7,000 despite the shortfall and suggested revising the ₹8 lakh annual family-income eligibility cap.

PM Reviews ₹30,000 Crore Projects at 53rd PRAGATI Meeting

PM Modi chaired the 53rd PRAGATI meeting, reviewing six infrastructure projects worth over ₹30,000 crore across railways, roads, and power in nine states, and urged agencies to use common utility corridors to avoid delays and cost overruns. He also discussed AI integration in the AgriStack ecosystem and called for stronger measures against “digital arrest” cyber fraud.

World News

India, China Reach 8-Point Consensus at Boundary Talks

NSA Ajit Doval and Chinese FM Wang Yi held the 25th round of Special Representative talks in Beijing, agreeing on two new military hotlines and two additional commander-level meeting points along the LAC to prevent miscalculation. Both sides also agreed to share hydrological data through an Expert-Level Mechanism in September and to hold the 26th round of talks in India in 2027.

India Rejects UN Panel’s Racial Discrimination Report

The Ministry of External Affairs rejected a UNCERD report following India’s 11th periodic review, calling its allegations “politically motivated and highly malicious.” An Indian delegation led by Solicitor General Tushar Mehta highlighted the country’s constitutional safeguards and affirmative action framework, and India said it would respond formally through UN procedure.

India, US Advance Civil Nuclear Energy Cooperation

Atomic Energy Commission Chairman A.K. Mohanty met US Energy Secretary Chris Wright in Washington to discuss deepening bilateral civil nuclear ties, focusing on Small Modular Reactors and regulatory alignment. The talks support India’s target of reaching 100 GW of nuclear capacity by 2047 and open the door to greater private-sector participation.

India, Seychelles Deepen Blue Economy Cooperation

India and Seychelles held bilateral talks in New Delhi to expand cooperation in fisheries, aquaculture, and marine resource management, with Seychelles’ delegation led by Minister Wallace Cosgrow. The two sides plan a dedicated MoU on fisheries and aquaculture, along with AI-based monitoring systems for sustainable, technology-driven ocean resource management.

FM Sitharaman Pitches India-Canada Financial Partnership

Finance Minister Nirmala Sitharaman addressed business leaders in Toronto, urging Canadian institutional investors to deepen participation in India’s economy, citing 7.6% real GDP growth. She highlighted opportunities in infrastructure, fintech, and clean energy, and flagged cross-border integration of UPI with Canadian payment networks.

IMF Chief: Global Economy in “Tug-of-War” Between Energy Shocks and AI

IMF Managing Director Kristalina Georgieva described the world economy as “storm-tossed,” caught between energy-market risks from Middle East tensions and productivity gains driven by AI investment. She urged central banks to stay watchful on inflation and called on governments to address fiscal imbalances and debt vulnerabilities.

Science & Technology

NPCIL to Set Up Design Unit for Private Nuclear Players

Following the SHANTI Act’s opening of the nuclear sector to private participation, NPCIL will set up a dedicated design unit to offer technology transfer, design review, and quality assurance for 700 MWe Pressurised Heavy Water Reactor units. Private players including the Adani Group and Jindal Steel have shown interest in using this indigenous PHWR technology to enter the nuclear power sector.

Defence News

HAL, Safran Ink Deal for Indigenous “Aravalli” Helicopter Engine

HAL and France’s Safran Helicopter Engines signed a contract through their SAFHAL joint venture to co-develop the 3,500-4,000 shp “Aravalli” engine at a facility in Tumakuru, Karnataka. The engine will power HAL’s upcoming 13-tonne Indian Multi-Role Helicopter and its naval variant, replacing the Armed Forces’ ageing Mi-17 fleet.

India, UK to Sign Pact on Electric Propulsion for Navy Warships

India and the UK are set to sign an Inter-Governmental Agreement on Integrated Full Electric Propulsion technology for four upcoming Landing Platform Docks, with GE Vernova and BHEL setting up India’s first maritime Land-Based Testing Facility. The two countries are also finalising a separate deal for Lightweight Multirole Missiles for the Indian Army.

India Rolls Out “Smart Border” Command Centres

The Ministry of Home Affairs is deploying Integrated Command Centres that combine AI, radar, sensors, drones, and satellite feeds into a unified border-surveillance picture, piloted first along the Pakistan border. The initiative aims to strengthen monitoring along India’s 15,106.7 km land border, especially in terrain where physical fencing isn’t practical.

Ranking and Reports

Gross FDI Inflows Hit 15-Year High of $30.7 Billion

India recorded gross FDI inflows of $30.7 billion in April-June 2026, a 15-year quarterly high and a 46% jump over the previous quarter, led by Singapore, the Netherlands, the US, and Canada, which together contributed about 74% of the total. Manufacturing drew the largest share of investment, while net FDI for the quarter rose to $7.8 billion.

LRS Outflows for Global Equity/Debt Investment Jump to $1.06 Billion

Remittances under the Liberalised Remittance Scheme for overseas equity and debt investment rose nearly 77% year-on-year to $1.06 billion in Q1 FY27, as retail investors chased global AI and semiconductor stocks. The surge partly reflects SEBI’s $7 billion industry-wide cap on mutual funds’ overseas investments, which pushed investors toward direct LRS routes instead.

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