postUpdated Aug 29, 2026

Daily Current Affairs 28 & 29 August 2026: Important GK Updates for UPSC, SSC, Banking & Railways Exams

This combined Daily Current Affairs post covers the important developments of 28 and 29 August 2026, including 12 years of PM Jan Dhan Yojana, India's upcoming 18th BRICS Summit, RBI's relaxation of the FCNR(B) swap facility, the dedicated Quantum-AI University campus in Amaravati and Indian Railways' 11,000-km high-density network expansion plan. It includes exam-ready quick-fact cards, one-liners and FAQs for UPSC, SSC, Banking, Insurance, Railways, Defence and State PSC exams.

Daily Current Affairs 28 & 29 August 2026: Important GK Updates for UPSC, SSC, Banking & Railways Exams

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Introduction to Current Affairs 28-29 August 2026

The Current Affairs of 28 and 29 August 2026 cover major developments in financial inclusion, banking regulation, international relations, rail infrastructure, science, environment and defence. Key headlines include 12 years of PM Jan Dhan Yojana, India's preparations for the 18th BRICS Summit, RBI's revised FCNR(B) swap rules, the proposed Quantum-AI University in Amaravati and Indian Railways' plan to expand its high-density network.

This combined two-day revision post consolidates overlapping reports and retains the most exam-relevant facts for UPSC, SSC, Banking, Railways, Insurance, Defence and State PSC examinations. Aspirants can regularly revise similar updates through the daily current affairs section.


National Current Affairs

Indian Railways Plans Four-Laning of 11,000-km High-Density Network

Why in News: Indian Railways has outlined a plan to four-lane around 11,000 km of its high-density railway network to increase passenger and freight capacity and reduce congestion on some of the country's busiest corridors.

Quick Facts

  • Proposed expansion: Around 11,000 km of high-density railway routes.
  • Seven high-density corridors represent about 16% of the railway network.
  • These corridors carry around 41% of total railway traffic.
  • Kavach 4.0 has been commissioned over about 2,490 route km on key corridors.

Key Highlights

  • The four-laning programme is intended to create additional paths for both passenger and freight trains.
  • Important corridors include Delhi-Howrah, Delhi-Mumbai and other heavily used trunk routes.
  • The expansion seeks to address capacity constraints on routes carrying a disproportionate share of national rail traffic.
  • Kavach complements infrastructure expansion by strengthening automatic train-protection capability.

Kerala Officially Renamed Keralam

Why in News: The official name of Kerala was changed to Keralam with effect from 25 August 2026 under the Kerala (Alteration of Name) Act, 2026, completing the constitutional process for altering the state's name.

Quick Facts

  • New official name: Keralam.
  • Effective date: 25 August 2026.
  • Constitutional provision for alteration of state names: Article 3.
  • The change requires consequential amendments to references in the Constitution, including the First and Fourth Schedules.

Key Highlights

  • The state's Malayalam name has traditionally been written as Keralam.
  • The Kerala Legislative Assembly had sought the change through a resolution before the parliamentary process was completed.
  • The Union Cabinet approved the proposal in February 2026.
  • The change is a constitutionally completed alteration of the official name of an Indian state.

National Conclave on Tribal Languages and Museums Held in Mysuru

Why in News: The Ministry of Tribal Affairs organised the National Conclave on Tribal Languages & Museums from 24-26 August 2026 in Mysuru, Karnataka, focusing on preservation of tribal languages, museums and the legacy of tribal freedom fighters.

Quick Facts

  • Venue: Mysuru, Karnataka.
  • Duration: 24-26 August 2026.
  • Inaugurated by Union MoS Durgadas Uikey.
  • Partners included KSTRI and the Central Institute of Indian Languages (CIIL).

Key Highlights

  • The conclave adopted and signed the Mysuru Declaration.
  • An upgraded Adi Vaani Platform and the Jago AI Conversational Assistant were launched.
  • A Jenukuruba Primer and other tribal-language learning resources were released.
  • MoTA and CIIL signed an MoU for tribal-language documentation, preservation and promotion.

 


International Current Affairs

India and Morocco Target Doubling Bilateral Trade in Five Years

Why in News: India and Morocco agreed to work towards doubling bilateral trade over the next five years during the 7th India-Morocco Joint Commission, co-chaired during Union MoS Jitin Prasada's visit to Morocco on 24-25 August 2026.

Quick Facts

  • Bilateral trade in 2025: Over USD 4 billion.
  • Meeting: 7th India-Morocco Joint Commission.
  • A Joint Working Group will examine a possible Preferential Trade Agreement.
  • The 8th Joint Commission is planned in New Delhi in 2027.

Key Highlights

  • FSSAI and Morocco's ONSSA signed an MoU on food-safety cooperation.
  • The two countries finalised a Cultural Exchange Programme for 2026-2030.
  • Cooperation covers fertilisers, minerals, technology, manufacturing and other sectors.
  • The two countries will mark 70 years of diplomatic relations in 2027.

New Delhi to Host 18th BRICS Summit in September 2026

Why in News: India is scheduled to host the 18th BRICS Summit at Bharat Mandapam, New Delhi, on 12-13 September 2026 during India's BRICS Chairship.

Quick Facts

  • Summit: 18th BRICS Summit.
  • Dates: 12-13 September 2026.
  • Venue: Bharat Mandapam, New Delhi.
  • India assumed the BRICS Chairship on 1 January 2026.
  • Chairship theme: Building for Resilience, Innovation, Cooperation and Sustainability.

Key Highlights

  • The year 2026 marks 20 years since the emergence of BRICS cooperation.
  • India's chairship places emphasis on political, economic and people-to-people cooperation.
  • The chairship also follows a people-centric approach centred on the idea of Humanity First.
  • Hundreds of BRICS-related meetings and engagements have been organised across Indian cities during the chairship.

India and Vietnam Coast Guards Hold 7th High-Level Meeting

Why in News: The Indian Coast Guard (ICG) and Vietnam Coast Guard (VCG) held their 7th High-Level Meeting in Chennai on 25 August 2026 under the bilateral Coast Guard Cooperation MoU signed in 2015.

Quick Facts

  • Venue: Chennai, Tamil Nadu.
  • ICG delegation led by DG Paramesh Sivamani.
  • Vietnamese delegation led by Major General Luong Dinh Hung.
  • Institutional framework: India-Vietnam Coast Guard Cooperation MoU of 2015.

Key Highlights

  • Discussions covered maritime Search and Rescue, law enforcement, marine-pollution response and capacity building.
  • Both sides reviewed professional exchanges and bilateral ship visits.
  • The Coast Guards emphasised training, interoperability and sharing of best practices.
  • The bilateral exercise SAHYOG-HOPTAC was associated with the continuing maritime engagement.

 


Economy & Banking

RBI Relaxes Access Rules for FCNR(B) Dollar-Rupee Swap Facility

Why in News: The Reserve Bank of India (RBI) relaxed access norms for its dollar-rupee swap facility linked to FCNR(B) deposits, allowing banks to undertake qualifying transactions above USD 100 million outside the earlier weekly access window.

Quick Facts

  • Threshold for flexible access: Above USD 100 million.
  • Instrument: Foreign Currency Non-Resident (Bank), or FCNR(B), swap facility.
  • Total inflows reported under the facility: USD 72.85 billion.
  • FCNR(B) deposits contributed about USD 65.40 billion.

Key Highlights

  • Large qualifying inflows can now access the swap facility on days other than the designated weekly window.
  • The change is intended to improve liquidity management and the transfer of large foreign-currency inflows.
  • It can help reduce short-term pressure in the dollar-rupee swap market.
  • Smaller transactions continue to follow the designated schedule.

SEBI Introduces IT Resilience Index for Market Infrastructure Institutions

Why in News: The Securities and Exchange Board of India (SEBI) introduced an IT Resilience Index (ITRI) framework to assess the robustness and operational resilience of critical IT systems used by stock exchanges, clearing corporations and depositories.

Quick Facts

  • ITRI is a 100-point framework covering nine parameters.
  • Availability and Security carry the highest weightage of 20 points each.
  • ITRI will be computed on a half-yearly basis.
  • The first formal computation will cover the half-year ending 31 March 2027.

Key Highlights

  • The framework aims at early identification of weaknesses in critical market technology systems.
  • MIIs must establish an Early Warning System and real-time monitoring of service delivery.
  • Full operationalisation is scheduled by 28 February 2027.
  • The system-driven framework seeks to improve objectivity, comparability and continuity of securities-market infrastructure.

NABARD and NaBFID Sign MoU for Rural Infrastructure Financing

Why in News: NABARD and the National Bank for Financing Infrastructure and Development (NaBFID) signed an MoU to strengthen long-term financing for commercially viable infrastructure projects with significant rural impact.

Quick Facts

  • MoU signed in Mumbai, Maharashtra.
  • NABARD Chairman: Shaji Krishnan V.
  • NaBFID Managing Director: Rajkiran Rai G.
  • NaBFID was established under the NaBFID Act, 2021.

Key Highlights

  • The partnership combines NABARD's rural-development expertise with NaBFID's specialised infrastructure-financing capabilities.
  • Collaboration includes project identification, appraisal, debt structuring, syndication and joint monitoring.
  • Potential sectors include irrigation, rural roads, bridges, warehouses, cold chains, water and sanitation.
  • The objective is to improve connectivity, market access, rural value chains and incomes.

Puducherry Presents Rs 14,300 Crore Tax-Free Budget for 2026-27

Why in News: Puducherry Chief Minister and Finance Minister N. Rangasamy presented a Rs 14,300 crore tax-free Budget for 2026-27, combining welfare measures with expenditure on education, pensions and development programmes.

Quick Facts

  • Total Budget: Rs 14,300 crore.
  • Financial year: 2026-27.
  • Presented by CM N. Rangasamy.
  • UT own revenue receipts were estimated at around Rs 7,890 crore.

Key Highlights

  • The Budget was presented without imposing new taxes.
  • Major committed expenditure includes salaries, pensions, debt servicing and power purchases.
  • Welfare announcements cover students, farmers, vulnerable families and other beneficiary groups.
  • The Budget combines revenue expenditure with capital spending for development and infrastructure.

 


Government Schemes

Mission Samriddh Gaon Launched for Poverty-Free and Employment-Rich Villages

Why in News: Union Rural Development Minister Shivraj Singh Chouhan launched Mission Samriddh Gaon on 25 August 2026 at Krishi Bhawan, New Delhi, to develop poverty-free, employment-rich and self-reliant villages through an integrated development model.

Quick Facts

  • Launch date: 25 August 2026.
  • Launch venue: Krishi Bhawan, New Delhi.
  • Nodal ministry: Ministry of Rural Development.
  • Core focus: Poverty reduction, employment generation, self-reliance and basic amenities.

Key Highlights

  • The mission seeks convergence of development interventions instead of isolated scheme implementation.
  • It aims to create locally sustainable livelihood opportunities and reduce rural distress.
  • Village-level models will combine economic activities with assured access to basic services.
  • The initiative supports the broader objective of building a Viksit Bharat.

PM Jan Dhan Yojana Completes 12 Years

Why in News: The Pradhan Mantri Jan Dhan Yojana (PMJDY) completed 12 years on 28 August 2026, marking a major milestone in India's financial-inclusion programme.

Quick Facts

  • PMJDY launched: 28 August 2014.
  • Nodal department: Department of Financial Services, Ministry of Finance.
  • Slogan: Mera Khata - Bhagya Vidhata.
  • Accounts as of 19 August 2026: Around 59.09 crore.
  • Total deposits: Around Rs 3.17 lakh crore.

Key Highlights

  • Women account holders represented about 55.7% of PMJDY accounts.
  • The programme provides access to formal banking for previously unbanked households.
  • PMJDY has become an important platform for Direct Benefit Transfer and financial inclusion.
  • It is regarded as one of the world's largest financial-inclusion initiatives.

PM SVANidhi Completes One Year of Restructured Phase

Why in News: The restructured phase of PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) completed one year on 27 August 2026, with the revamped scheme expanding its focus beyond working-capital credit to digital payments, social security and entrepreneurship.

Quick Facts

  • Original launch: 1 June 2020.
  • Nodal ministry: Ministry of Housing and Urban Affairs.
  • Restructured phase began: 27 August 2025.
  • Scheme extended until 31 March 2030.
  • Interest subsidy on timely repayment: 7% per annum.

Key Highlights

  • The scheme provides collateral-free working-capital support to street vendors.
  • The restructured version strengthens formal credit access and digital-payment adoption.
  • It also incorporates social-security coverage, capacity building and entrepreneurship.
  • Interest subsidy is credited through Direct Benefit Transfer.

 


Science & Technology

Amaravati to Get India's First Dedicated Quantum-AI University Campus

Why in News: Andhra Pradesh approved a dedicated Quantum and Artificial Intelligence University Campus in Amaravati to be developed by NIELIT, making it India's first institutionally dedicated Quantum-AI university campus.

Quick Facts

  • Location: Amaravati, Andhra Pradesh.
  • Developer: National Institute of Electronics and Information Technology (NIELIT).
  • Proposed area: 8.5 acres.
  • Planned investment: Around Rs 730.70 crore over five years.
  • NIELIT functions under the Ministry of Electronics and Information Technology.

Key Highlights

  • Courses are planned at UG, PG, PhD, diploma and executive levels.
  • Focus areas include quantum computing, AI, VLSI, semiconductor fabrication, quantum communication and cybersecurity.
  • Advanced laboratories, Centres of Excellence and deep-tech incubation facilities are envisaged.
  • The campus is linked with the wider Amaravati Quantum Valley ecosystem.

IPC Launches Seven Nitrosamine Impurity Reference Standards

Why in News: The Indian Pharmacopoeia Commission (IPC) launched seven Indian Pharmacopoeia Nitrosamine Impurities Reference Standards to strengthen the detection and quantification of potentially carcinogenic impurities in pharmaceutical products.

Quick Facts

  • Number of new reference standards: 7.
  • IPC functions under the Ministry of Health and Family Welfare.
  • The standards were launched during an IPC meeting in Kolkata, West Bengal.
  • Nitrosamines are potentially genotoxic and carcinogenic impurities.

Key Highlights

  • The standards include NDMA, NDEA, NEIPA, NDBA, NMPA, NDIPA and NMBA.
  • They support accurate pharmaceutical testing and analytical-method validation.
  • The initiative strengthens quality assurance and regulatory compliance.
  • It also reduces dependence on imported reference materials for critical testing.

US FDA Approves Rasonque for Metastatic Pancreatic Cancer

Why in News: The US Food and Drug Administration approved Rasonque (daraxonrasib) on 26 August 2026 for eligible adults with metastatic pancreatic adenocarcinoma, marking a first-in-class targeted treatment directed at the RAS protein family.

Quick Facts

  • Drug: Rasonque (daraxonrasib).
  • Developer: Revolution Medicines.
  • Approval date: 26 August 2026.
  • Dosage form: Once-daily oral tablet.

Key Highlights

  • The medicine targets the RAS protein family involved in tumour growth.
  • It is intended for specified patients with metastatic pancreatic adenocarcinoma.
  • A major trial involved around 500 patients.
  • The development is significant because RAS mutations are common drivers of pancreatic cancer.

 


Environment

Tamil Nadu Notifies Three Elephant Corridors in Hosur Forest Division

Why in News: Tamil Nadu formally notified three elephant corridors in the Hosur Forest Division covering more than 10,300 hectares to strengthen ecological connectivity between elephant habitats in Tamil Nadu and Karnataka.

Quick Facts

  • Region: Cauvery North Wildlife Sanctuary landscape, Hosur.
  • Total notified area: More than 10,300 hectares.
  • Jawalagiri-Ulibanda-Thaggatti corridor: 18.50 km.
  • Jawalagiri-Panai-Anchetty corridor: 20.90 km.
  • Billikkal-Jawalagiri corridor: 2.20 km.

Key Highlights

  • The corridors facilitate seasonal movement of elephants across a fragmented landscape.
  • They improve connectivity between habitats spanning Tamil Nadu and Karnataka.
  • Protecting corridors can reduce habitat fragmentation and human-elephant conflict.
  • The notification followed judicial directions and expert recommendations.

Uttar Pradesh Completes Demarcation of 700-km Ganga Floodplain

Why in News: Uttar Pradesh informed the National Green Tribunal (NGT) that physical demarcation of the Ganga floodplain across approximately 700 km in the state has been completed.

Quick Facts

  • River: Ganga.
  • Demarcated length: Around 700 km.
  • Relevant stretch: Unnao to Ballia.
  • Districts covered: 13.
  • Physical markers installed: Around 7,350 pillars.

Key Highlights

  • The exercise physically identifies the floodplain boundary for regulatory and conservation purposes.
  • It covers the identified Segment-B, Phase-II stretch.
  • Floodplain demarcation can help regulate encroachment and environmentally damaging construction.
  • It is relevant to river conservation, disaster management and NGT-related environmental governance.

Glacial Collapse Near Nepal-Tibet Border Raises Secondary Flood Risk

Why in News: A glacier and ice-rock collapse near the Nepal-Tibet Himalayan border triggered a destructive flash flood and created new upstream barrier lakes, raising concern about a possible secondary flood event if unstable natural barriers fail.

Quick Facts

  • Region: Nepal-Tibet Himalayan border.
  • Trigger: Glacier collapse or ice-rock avalanche.
  • Hazard: Flash flooding followed by formation of temporary barrier lakes.
  • Monitoring includes satellite imagery and consideration of cameras and sensors.

Key Highlights

  • Ice, rock, mud and debris entered river systems and caused downstream flooding.
  • One newly formed lake began draining while another remained a concern due to the absence of a clear outlet.
  • A sudden breach could generate another flood wave.
  • The event highlights the growing importance of Himalayan glacial-hazard monitoring and early-warning systems.

 


Defence

HAL and Safran to Develop Aravalli Helicopter Engine

Why in News: HAL and Safran Helicopter Engines, through their joint venture SAFHAL, signed the final contract for development of the Aravalli new-generation helicopter engine.

Quick Facts

  • Engine name: Aravalli.
  • Joint venture: SAFHAL Helicopter Engines Pvt. Ltd.
  • Power class: Around 3,500-4,000 shaft horsepower.
  • Designed for India's future 13-tonne-class helicopters.

Key Highlights

  • The programme covers design, development, manufacture, supply and life-cycle support.
  • The engine is intended for the Indian Multi-Role Helicopter and Deck-Based Multi-Role Helicopter programmes.
  • The partnership strengthens domestic capability in high-power helicopter propulsion.
  • The engine is named after the Aravalli mountain range.

DRDO Tests Indigenous Military Combat Parachute System in Ladakh

Why in News: The Defence Research and Development Organisation (DRDO) successfully tested the indigenous Military Combat Parachute System (MCPS) at Nyoma-Mudh in Ladakh, demonstrating high-altitude operational capability.

Quick Facts

  • Test altitude: Around 22,000 feet AMSL.
  • Test location: Nyoma-Mudh Drop Zone, Ladakh.
  • Temperature during demonstration: About -15°C.
  • Parachute developed by ADRDE, Agra.
  • Life-support systems developed by DEBEL, Bengaluru.

Key Highlights

  • MCPS supports both HALO and HAHO missions.
  • The system offers improved steering and a lower descent rate.
  • Associated indigenous equipment includes oxygen systems, specialised jumpsuits and a para computer.
  • The system is compatible with India's NavIC navigation system.

Indian Navy Receives First Indigenous Multi-Purpose Vessel Samarthak

Why in News: The Indian Navy received Samarthak, its first indigenous Multi-Purpose Vessel of the Samarthak class, constructed by Larsen & Toubro at Kattupalli, Tamil Nadu.

Quick Facts

  • Vessel: Samarthak.
  • Builder: Larsen & Toubro.
  • Shipyard: Kattupalli, Tamil Nadu.
  • MoD contract for two MPVs: Rs 887 crore, signed in March 2022.
  • Indigenous content: More than 75%.

Key Highlights

  • Samarthak is designed as a versatile trial and evaluation platform.
  • It can support testing of indigenous naval weapons, sensors and other systems.
  • The second vessel of the series is INS Utkarsh.
  • The project contributes to the Aatmanirbhar Bharat initiative in naval shipbuilding.

 


Current Affairs One-Liners

Quick Revision

  • Mission Samriddh Gaon → launched by Shivraj Singh Chouhan on 25 August 2026 → targets poverty-free, employment-rich villages.
  • PM Jan Dhan Yojana → completed 12 years on 28 August → around 59.09 crore accounts and Rs 3.17 lakh crore deposits.
  • PM SVANidhi → restructured phase completed one year → scheme extended until 31 March 2030.
  • Indian Railways expansion → four-laning planned across 11,000 km → seven high-density corridors carry about 41% of traffic.
  • Kavach 4.0 → commissioned on around 2,490 route km → strengthens automatic train protection on major corridors.
  • Kerala's official name → Keralam → change effective from 25 August 2026 under Article 3 process.
  • National Conclave on Tribal Languages & Museums → Mysuru → held from 24-26 August 2026.
  • Mysuru tribal conclave → Adi Vaani upgraded and Jago AI assistant launched → Mysuru Declaration adopted.
  • Mizoram heritage → 79 monuments and archaeological sites → declared State Protected Monuments.
  • Sagar Samvad → inaugural edition chaired by Sarbananda Sonowal → discussed Maritime India Vision 2030 and Amrit Kaal Vision 2047.
  • Sagar Samvad roadmap → plan includes addition of 100 vessels → focus on financing, cargo support and regulatory reforms.
  • AP-UK cooperation → MoU for Amaravati and urban infrastructure → covers smart mobility, Digital Twins, BIM and sustainable urban development.
  • India-Morocco Joint Commission → 7th session → countries aim to double bilateral trade over five years.
  • India-Morocco trade → exceeded USD 4 billion in 2025 → JWG will explore a Preferential Trade Agreement.
  • India-Vietnam Coast Guards → 7th High-Level Meeting in Chennai → cooperation under the 2015 Coast Guard MoU.
  • SAHYOG-HOPTAC → India-Vietnam Coast Guard exercise → strengthens interoperability and coordinated maritime operations.
  • 18th BRICS Summit → Bharat Mandapam, New Delhi → scheduled for 12-13 September 2026.
  • India's BRICS 2026 theme → Building for Resilience, Innovation, Cooperation and Sustainability → chairship began on 1 January.
  • RBI FCNR(B) swap facility → transactions above USD 100 million get more flexible access → supports forex liquidity management.
  • SEBI ITRI → 100-point, nine-parameter IT Resilience Index → applies to critical systems of Market Infrastructure Institutions.
  • ITRI operational deadline → 28 February 2027 → includes Early Warning System and real-time service monitoring.
  • NABARD-NaBFID MoU → rural-impact infrastructure financing → covers roads, irrigation, cold chains, warehouses and water infrastructure.
  • IDFC FIRST Bank-IIM Calcutta → IGNITE → Rs 2 crore incubation programme for sustainability and circular-economy startups.
  • Tata Capital-Resona Bank → business cooperation MoU → Resona committed USD 20 million to Tata Capital Growth Fund III LP.
  • Bajaj General → My Family Complete → integrates health cover for humans and pet dogs and cats in one policy.
  • Fino Payments Bank → Ketan Merchant → interim CEO tenure extended by three months, subject to RBI approval.
  • Puducherry Budget 2026-27 → Rs 14,300 crore → presented as a tax-free Budget by CM N. Rangasamy.
  • Banas Bio-CNG plant → Vinchhivadi, Gujarat → processes 100 MTPD of cattle dung through anaerobic digestion.
  • Gramin Bharat Taxi → rural-level cooperative taxi model → nine taxis flagged off alongside the Banas Bio-CNG initiative.
  • Hindalco PPT ATH plant → Belagavi, Karnataka → India's first domestic Superfine PPT ATH production facility.
  • Hindalco facility capacity → 30,000 tonnes annually → expandable to 60,000 tonnes and powered by renewable energy.
  • UNDP India-HUL initiative → aims to support 50,000 Safai Mitras → circular-economy programme across 50 Indian cities by 2028.
  • WAE Limited → joined UN Global Compact Network India → focus on technology-led water sustainability and SDG 6.
  • Bharat International Rice Conference 2026 → Bharat Mandapam → scheduled for 23-25 October 2026.
  • Air India-Drukair → interline partnership → improves single-ticket connectivity between India, Bhutan and international destinations.
  • SCCL → Devadurga Gold-Copper Block in Karnataka → exploration area about 199 sq km.
  • Coal availability → 45 coal-fired plants reported critically low stocks on 25 August → monsoon disrupted mining and transport.
  • Coal stocks → around 30.95 million tonnes → roughly 10 days of operation according to the cited data.
  • CM-IMPACT Read & Rise → Meghalaya → aims to strengthen foundational literacy and reading readiness among children.
  • Lokmata Ahilyabai Matrushakti Yojana → Uttar Pradesh → provides lifelong free UPSRTC bus travel to eligible women aged 60 and above.
  • Tamil Nadu welfare measures → free LPG support and wider fare-free bus travel → accompanied by cancellation of the Parandur airport site plan.
  • IICT-Netflix scholarships → 100 students and professionals → up to 80% financial support for six AVGC programmes.
  • Critical Minerals Innovation Hackathon 2026 → organised by JNARDDC → supports the National Critical Mineral Mission.
  • CMiH 2026 → idea submission deadline 20 September 2026 → winners to be announced during India Mining Week.
  • Amaravati Quantum-AI University → developed by NIELIT → proposed investment around Rs 730.70 crore.
  • IPC → launched seven nitrosamine impurity reference standards → strengthens pharmaceutical testing and quality control.
  • Rasonque → daraxonrasib → US FDA-approved targeted RAS therapy for eligible metastatic pancreatic-cancer patients.
  • SpaceX → Starbase Louisiana → announced a USD 100 billion rocket manufacturing and launch complex.
  • Doronicum sanctum → newly documented sunflower-family species in Tawang → first record of Doronicum genus in Northeast India.
  • Tamil Nadu elephant corridors → three corridors in Hosur → cover more than 10,300 hectares.
  • Ganga floodplain demarcation → Uttar Pradesh → about 700 km marked using around 7,350 pillars across 13 districts.
  • Nepal-Tibet glacial collapse → barrier lakes formed upstream → continuing monitoring due to possible secondary flood risk.
  • World Water Week 2026 → held 23-27 August → focused on water challenges under the theme Water for People and Progress.
  • HAL-Safran → Aravalli helicopter engine → designed in the 3,500-4,000 shp power class.
  • SHDS → Gurugram defence-avionics manufacturing facility → designed for indigenous production of fighter-aircraft Multifunction Displays.
  • T-Hub-Indian Army Central Command → defence-startup partnership → provides pathways for testing, validation and operational deployment.
  • DRDO MCPS → tested at 22,000 feet in Ladakh → supports HALO and HAHO special-operations missions.
  • Samarthak → Indian Navy's first indigenous Samarthak-class Multi-Purpose Vessel → more than 75% indigenous content.
  • ICGS Ajit → handed over by Goa Shipyard → Fast Patrol Vessel built with more than 65% indigenous content.
  • ICAT → first 15-metre multi-axle sleeper-bus certificate → issued to Synaty Automotive.
  • Hutatma Smruti Smarak → Patradevi, Goa → redeveloped memorial inaugurated to honour Goa liberation satyagrahis.
  • Publications Division → seven awards → received at the 46th Federation of Indian Publishers Awards 2026.
  • Kaho Kalidasa! → authored by Yugul Joshi → biographical novel launched by Union Minister Gajendra Singh Shekhawat.
  • Sankalp Se Siddhi Ka Modi Yug → authored by Ghanshyam Tiwari → released by Vice President C. P. Radhakrishnan.
  • Yuko Keicho → appointed World Bank Group Vice President and Auditor General → will lead the Internal Audit Vice Presidency.
  • Satish Golcha → appointed Director General of Delhi Home Guards → senior 1992-batch AGMUT-cadre IPS officer.
  • R Praggnanandhaa → first Indian to win the Grand Chess Tour → defeated Fabiano Caruana 15-13 in the 2026 final.
  • Lando Norris → won the 2026 Dutch Grand Prix → race held at Zandvoort in the Netherlands.
  • World Sanskrit Day 2026 → observed on 28 August → associated with Shravana Purnima and promotion of Sanskrit.
  • Sanskrit Week 2026 → observed from 24-30 August → promotes awareness, learning and use of Sanskrit.
  • Dolly Parton → American country-music icon died aged 80 → remembered for music and the Imagination Library literacy initiative.
  • Yayoi Kusama → Japanese contemporary artist died aged 97 → internationally known for polka dots and Infinity Mirror Rooms.

 


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Frequently Asked Questions

What are the most important current affairs of 28 and 29 August 2026 for competitive exams?
Major topics include 12 years of PM Jan Dhan Yojana, India's preparations for the 18th BRICS Summit, RBI's relaxation of the FCNR(B) swap facility, SEBI's IT Resilience Index, the Amaravati Quantum-AI University campus and Indian Railways' proposed four-laning of 11,000 km of high-density routes.
How many PM Jan Dhan Yojana accounts were reported in August 2026?
As of 19 August 2026, around 59.09 crore PMJDY accounts had been opened, with deposits of approximately Rs 3.17 lakh crore. The scheme completed 12 years on 28 August 2026 after being launched on 28 August 2014.
Where and when will the 18th BRICS Summit 2026 be held?
India is scheduled to host the 18th BRICS Summit at Bharat Mandapam in New Delhi on 12 and 13 September 2026. India assumed the BRICS Chairship on 1 January 2026 under the theme Building for Resilience, Innovation, Cooperation and Sustainability.
What change did RBI make to the FCNR(B) swap facility in August 2026?
RBI allowed banks greater flexibility to access its dollar-rupee swap facility for qualifying inflows above USD 100 million instead of restricting such large transactions to the earlier designated weekly window. The measure is intended to improve foreign-exchange liquidity and fund-transfer efficiency.
What is SEBI's IT Resilience Index or ITRI?
The IT Resilience Index is a 100-point SEBI framework covering nine parameters to assess the technology resilience of Market Infrastructure Institutions such as stock exchanges, clearing corporations and depositories. Availability and Security carry the highest weightage of 20 points each.
Where is India's first dedicated Quantum-AI University campus being established?
The dedicated Quantum and Artificial Intelligence University campus is being developed in Amaravati, Andhra Pradesh, by NIELIT. The proposed campus covers about 8.5 acres and has an estimated investment of Rs 730.70 crore over five years.
What are the three elephant corridors notified by Tamil Nadu in the Hosur region?
The three corridors are Jawalagiri-Ulibanda-Thaggatti, Jawalagiri-Panai-Anchetty and Billikkal-Jawalagiri. Together they cover more than 10,300 hectares and are intended to maintain seasonal elephant movement and habitat connectivity between Tamil Nadu and Karnataka.
What is the Aravalli helicopter engine programme?
Aravalli is a new-generation 3,500-4,000 shaft-horsepower helicopter engine being jointly developed by HAL and Safran through their SAFHAL joint venture. It is intended for India's future Indian Multi-Role Helicopter and Deck-Based Multi-Role Helicopter platforms.
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