All daily digests
Daily DigestArchive
Current Affairs — Monday, 3 August 2026
33 items
Tamil Nadu
- CM Vijay expands Singapengal Entrepreneurship Credit Scheme
— CM C. Joseph Vijay has directed officials to increase loans under the scheme by 25%, with at least 30% of loans across categories to be extended to women beneficiaries. (Welfare scheme; State government policy) - Tamil Nadu government drops 'CM's Thayumanavar Scheme' branding
— The State government has removed the previous administration's scheme name from official communications; separately, a TVK fan club founder was appointed to head the Tamil Nadu Fact Check Unit. (Governance/branding change; TVK government) - One-gram gold ring for babies born in TN government hospitals
— CM Vijay's new welfare initiative provides a gold ring to newborns in government hospitals, part of broader Day-1 welfare announcements. (State welfare scheme; Health) - Free Breakfast Scheme extended to Middle School students
— The Tamil Nadu government announced the expansion of the existing free breakfast programme, previously limited to primary schools, to middle school students. (Education welfare; State scheme) - Cauvery water from Kabini reservoir to reach Tamil Nadu soon
— Karnataka began releasing Cauvery water from Kabini following rainfall; DMK accused the TVK government of inaction while farmers' groups alleged Congress-ruled Karnataka is delaying releases. (Interstate water dispute; Cauvery Water Management Authority) - TN minister reaffirms two-language policy
— A Tamil Nadu minister stated there will be no change in the two-language policy, with the TVK government to continue the long-held state position. (Language policy; State governance)
India — National
- Assam floods: 1.35 lakh affected, toll rises to 85
— Sivasagar is the worst-hit district with over 55,000 people affected; Charaideo and Jorhat also severely impacted with 40,000 and 22,000 affected respectively. (Disaster management; NDRF; GS Paper 1/3) - Centre approves only 1 Chinese FDI proposal worth ₹1 crore in FY26
— DPIIT data shows India approved 63 FDI proposals worth ₹10,292.67 crore ($1.18 billion) overall in FY26; 13 proposals from Hong Kong were approved. (FDI policy; India-China economic relations; DPIIT) - J&K plans to relocate migrant workers to clusters after terror attack
— Government moves to enhance security for migrant labourers in Jammu & Kashmir by consolidating their housing into monitored clusters. (Internal security; Article 370 aftermath) - Centre tells states to set up special courts for 3.9 lakh pending drug cases
— Government directed states to establish dedicated courts to clear backlog of narcotics-related cases pending across the country. (Judiciary; NDPS Act; Law & Order) - Central government capex surges 66% in June; subsidy bill also rises
— Capital expenditure posted strong growth in June even as subsidy outgo increased, reflecting the government's twin-track fiscal approach. (Union Budget; fiscal policy; GS Paper 3) - Students protest in Ranchi over JPSC/JSSC exam irregularities, demand CBI probe
— Agitators demand cancellation of the 14th JPSC Combined Preliminary Test held on April 19 and an independent investigation by CBI and ED. (Public service commission; exam integrity) - PM Modi: Youth who overcome addiction are 'real warriors'
— Prime Minister addressed substance abuse, framing recovering youth as champions — likely linked to anti-drug campaign messaging. (Social welfare; Nasha Mukt Bharat)
Economy & Finance
- RBI Monetary Policy Committee likely to hold interest rates unchanged on August 5
— MPC expected to maintain status quo amid oil price volatility and inflation risks; decision due on August 5. (RBI; monetary policy; repo rate — key exam date) - Centre releases additional tax devolution of ₹1.09 lakh crore to states
— 41% of central taxes are devolved in 14 instalments annually; this release boosts state finances ahead of festive spending. (Finance Commission; fiscal federalism; GS Paper 2/3) - FPIs reverse four-month selling trend with ₹20,200 crore inflow in July
— Foreign Portfolio Investors turned net buyers, attracted by stable domestic markets, reasonable large-cap valuations and improving earnings prospects. (Capital markets; SEBI; economy) - Samudra Manthan scheme explained
— The scheme aims to boost India's deepwater hydrocarbon exploration and energy security with an investment of ₹84,084 crore. (Energy policy; Ministry of Petroleum; key scheme for exams) - India will be the biggest destination for Japanese capital in a decade: AMFI chairman
— AMFI chairman Sundeep Sikka stated India's SIP culture has created a strong domestic buffer against foreign capital outflows, attracting Japanese investors. (Mutual funds; AMFI; capital markets)
Science & Technology
- IN-SPACe releases re-entry guidelines for space objects
— New guidelines define planned re-entry as a deliberate manoeuvre using engines to control where and when an object descends through the atmosphere. (ISRO; IN-SPACe; space policy; GS Paper 3) - Floating solar energy explored for India's reservoirs
— With land scarcity and storage needs rising, India is examining floating solar panels on vast reservoirs as the next phase of renewable energy expansion. (Renewable energy; solar power; environment-tech overlap) - Gig workers on Zomato, Urban Company embrace NPS via e-Shram framework
— HDFC Pension CEO Sriram Iyer said 1.5 lakh PRANs were created for gig workers in one step using the e-Shram portal, contributing up to ₹5,000 weekly. (Social security; NPS; e-Shram; gig economy regulation) - Previously unknown alloy discovered in Hiroshima blast debris
— Scientists found a high-entropy alloy/quasicrystal hybrid in atomic bomb debris, of significant interest to engineers for strength and stability properties. (Materials science; atomic history)
Environment
- Budget 2026-27: Air quality management outlay cut by 10%; pollution control also sees decline
— The Union Budget reduced allocations for air quality management and pollution control, raising concerns about urban air quality targets. (Environment budget; pollution policy; GS Paper 3) - Coal production up 7.5% in July; dispatches surge 17.3%
— Higher power demand driven by below-normal monsoon rains pushed coal consumption and dispatch to elevated levels in July. (Energy; coal sector; climate-energy nexus)
Sports
- Glasgow Commonwealth Games closes; handover to Ahmedabad confirmed
— Glasgow hosted the 2026 Commonwealth Games and formally handed over hosting duties to Ahmedabad, which will host the next edition. (Commonwealth Games 2030; Ahmedabad — important for exams) - Jamshedpur FC withdraws from ISL — Sunil Chhetri calls it 'a punch in the gut'
— Jamshedpur FC, ISL Winners' Shield champions in 2021-22, officially pulled out of the Indian Super League after missing the participation fee deadline on July 31. (Indian football; ISL) - Ankur Bhattacharjee features in Asian Games badminton
— The Indian shuttler, who earned his spot through an expanded quota as host nation, performed strongly in the singles event. (Asian Games 2026; badminton; Indian sports)
Appointments & Awards
- Justice M. Fathima Beevi conferred Padma Bhushan
— India's first female Supreme Court judge, Justice M. Fathima Beevi, was honoured with the Padma Bhushan — a landmark recognition for judicial history. (First woman SC judge; Padma awards — high exam probability) - Justice K.T. Thomas awarded Padma Vibhushan
— Former Supreme Court judge K.T. Thomas, known for his notable judgments, was conferred the Padma Vibhushan. (Padma Vibhushan; Supreme Court; awards) - Justice Manikumar appointed Chairman of State Human Rights Commission (SHRC)
— Justice Manikumar was named the new SHRC chairman, a statutory body under the Protection of Human Rights Act. (SHRC; human rights; judicial appointments)
International
- Trump cancels Iran strike; oil prices fall; OPEC+ raises output
— US President Trump called off a planned attack on Iran to pursue a nuclear deal; OPEC+ simultaneously approved an output increase of ~188,000 barrels/day from September, pushing oil prices lower. (West Asia geopolitics; oil prices; India's energy imports) - Japan confirms joint yen intervention with US — first since 2011
— Japan and the US coordinated currency market intervention to stabilise the yen; the last such joint action was after the 2011 earthquake. (Currency intervention; Japan-US relations; global economy) - Bangladesh court grants bail to Hindu rights leader Chinmoy Krishna Das
— The Hindu monk, arrested in November 2024 on sedition charges, was granted bail; his actual release from prison remains unlikely given ongoing communal tensions. (India-Bangladesh relations; minority rights; GS Paper 2)
- Quick Revision:
- 🏅 Justice M. Fathima Beevi (India's first woman Supreme Court judge) awarded Padma Bhushan; Justice K.T. Thomas awarded Padma Vibhushan
- 🏙️ Ahmedabad will host the next Commonwealth Games after Glasgow 2026 handover; Samudra Manthan scheme involves ₹84,084 crore investment in deepwater hydrocarbon exploration
- 💰 Centre released ₹1.09 lakh crore additional tax devolution to states; FPIs brought in ₹20,200 crore in July reversing four months of selling