Current Affairs Today

We are here for you to provide the important Recent and Latest Current Affairs August 5 2026, which have unique updates of Latest Current Affairs 2026 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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NATIONAL AFFAIRS

PM-VBRY Completes 1 year, 72 lakh First-Time Workers Formalised
On 1st August 2026, the Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY) completed one year of implementation, with more than 72 lakh first-time employees joining the formal workforce since its launch in August 2025.
About Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY):
Implementation & Outlay: PM-VBRY is being implemented from 1 August 2025 to 31 July 2027 with a total financial outlay of Rs. 99,446 crore.

•  It is implemented by the Ministry of Labour & Employment (MoL&E) through the Employees’ Provident Fund Organisation (EPFO).

Two Parts: It consists of 2 parts:

• Employees focused: Provides financial assistance to first-time employees entering the formal workforce.
• Employer Focused: Provides incentives to establishments/employers that create additional employment.

Incentive Framework: This scheme provides separate incentives to first-time employees and employers to encourage formal employment and sustained job creation.

Glaw Lake in Arunachal Pradesh Designated as India’s 101st Ramsar Site
In August 2026, Ministry of Environment, Forest and Climate Change (MoEF&CC) officially designated Glaw Lake in the Tawang district of Arunachal Pradesh (AR) as India’s 101st Ramsar Site, recognizing it as a Wetland of International Importance (Ramsar List) under the Ramsar Convention on Wetlands, 1971.

• With this designation, AR received its first Ramsar Site.

About Glaw Lake, Arunachal Pradesh:
Location: Glaw Lake is a pristine freshwater lake in the Eastern Himalayas, situated within the Kamlang Tiger Reserve and Wildlife Sanctuary.
Ecology: Glaw Lake is fed by perennial mountain streams and surrounded by lush vegetation, supporting a rich diversity of flora and contributing to the region’s unique biodiversity.
Biodiversity Hotspot: The wetland and its catchment area host over 150 tree species and 49 orchid species, highlighting the ecological significance and rich biodiversity of the surrounding landscape.

PM Modi launched 100-week long ‘Nasha Mukt Yuva for Viksit Bharat Sankalp Abhiyan’ 
In  August 2026, Prime Minister (PM) Narendra Modi virtually launched the ‘Nasha Mukt Yuva for Viksit Bharat Sankalp Abhiyan (Drug-free Youth for a Developed India)’, a 100-week-long nationwide campaign aimed at mobilising young people against substance abuse.

• Through a nationwide video conference, PM Modi addressed over 1 crore youth connected from over 28,000 locations, and announced that the campaign would run every Sunday for the next 100 weeks with the objective to make drug-free India.

Key Activities: The newly launched campaign will feature dedicated activities spanning art, culture, sports, and meditation to continually engage new participants.
GoI-led Initiatives: Nasha Mukt Bharat Abhiyan (NMBA): It is a flagship initiative of the Ministry of Social Justice & Empowerment (MoSJE),  launched in August 2020 under the National Action Plan for Drug Demand Reduction (NAPDDR).

DoP Releases Commemorative Postage Stamp to Mark Birth Centenary of Padma Vibhushan Satish Gujral
In August 2026, the Department of Posts (DoP) or India Post, under the Ministry of Communications, released a Rs.5 commemorative postage stamp marking the birth centenary (100th) of Padma Vibhushan Satish Gujral at Bikaner House, New Delhi, Delhi.

• The stamp was unveiled by Union Minister Jyotiraditya M. Scindia, Ministry of Communications, to honour his outstanding contribution to Indian art, architecture and culture.

About Commemorative Postage Stamp:
Design: The commemorative postage stamp was designed by Anuj Kumar based on a proposal by Raseel Gujral Ansal.
Artwork: It features Satish Gujral’s 2010 acrylic self-portrait with a black-and-white photo-realistic finish set against a vibrant purple-and-blue background.
About Satish Gujral: He was one of India’s foremost multidisciplinary artists, internationally recognised for his contributions as a painter, sculptor, architect, muralist, and writer over a career spanning more than seven decades.
He was honoured with the Padma Vibhushan, India’s second-highest civilian award, in 1999 in the field of Arts.

IAF Conducts Exercise ‘ROTOR CLAP-III’ in Rajasthan to Enhance Counter-Drone Combat Capability 
The Indian Air Force (IAF) conducted 3rd edition of Exercise ROTOR CLAP-III, a Counter-Unmanned Aerial Systems (Counter-UAS) exercise, at the Pokhran Field Firing Range, Jaisalmer, Rajasthan, on 1-2 August 2026, to validate helicopter-based operational concepts against emerging drone threats through live missile and rocket firing.

• The exercise involved major attack, transport and utility helicopters to strengthen India’s counter-drone operational preparedness.

About Exercise ROTOR CLAP-III:
Objective: The exercise validated operational concepts, refined tactics, techniques and procedures, strengthened interoperability, enhanced rapid response capabilities against emerging aerial threats, and improved the IAF’s rotary-wing combat capability, counter-drone preparedness, and operational readiness for modern battlefield challenges.
Participation: The exercise involved AH-64 Apache, Mi-25/35, Hindustan Aeronautics Limited (HAL) Prachand, CH-47 Chinook, Mi-17, and HAL Dhruv helicopters, representing attack, transport and utility roles.
Operations: Helicopter crews carried out live missile and rocket firing, precision strikes, battlefield support, reconnaissance, troop insertion, casualty evacuation and coordinated Counter-UAS missions.

BEL and Esri India Sign MoU to Develop GIS and GeoAI Solutions for Defence Sector 
In August 2026, Bharat Electronics Limited (BEL), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Defence (MoD),  and Esri India signed a Memorandum of Understanding (MoU) to develop advanced Geographic Information System (GIS), Location Intelligence and Geospatial Artificial Intelligence (GeoAI) solutions for India’s defence sector.

• The MoU was signed by Rajnish Sharma, Director (Bengaluru Complex, BC) and Additional Charge Director (Marketing), BEL, and Agendra Kumar, Managing Director(MD), Esri India.

Key Details of MoU: 
Objective: The partnership aims to ensure the timely development and deployment of GIS solutions to support urgent operational requirements across India’s defence sector.
Collaboration: The partnership combines BEL’s expertise in defence electronics and systems integration with Esri India’s GIS, location intelligence, and GeoAI capabilities to strengthen defence applications.
Training:  Esri India will provide training support to BEL to build in-house capabilities in GIS and GeoAI using its Indo ArcGIS platform.
Significance:  The MoU supports Atmanirbhar Bharat and Make in India initiatives by promoting indigenous defence technology development and strengthening defence modernisation.
About BEL:  BEL is a Navratna CPSE, established in 1954 with headquarters in Bengaluru, Karnataka.

INTERNATIONAL AFFAIRS

Environmental Performance Index 2026: Estonia Topped Ranking; India Ranked 176th
In July 2026, the Yale University released the latest edition of Environmental Performance Index (EPI 2026),in which India ranked 176th out of 177 countries, making it the second-lowest ranked nation, with an overall score of 22.46, below the regional average of 31.81.

• Overall India has improved its performance marginally by +7.47 points in the last 10 years.
• Estonia retained the top spot with an overall score of 74.79; followed by Luxembourg (74.24) and the United Kingdom (UK) (71.51), ranked at 2nd and 3rd positions, respectively.

About EPI  2026:
Other Countries in Top 5: As per the index, all top 5 countries are from Europe region, including Estonia, Luxembourg  the UK,  Finland (ranks 4th); and the Netherlands (ranks 5th).
Bottom 5 Countries: Laos with an overall score of 21.78, ranked lowest in the index; followed by India; Bangladesh (ranks 175th, score of 23.46); Mali (ranks 174th, score of 23.56); and Viet Nam (ranks 173rd, score of 23.82).
India’s Performance: India performed poorly in the environment health segment, particularly air quality (-0.15 points over the last decade)and biodiversity ranked 174th in both indicators.

• In contrast, India performed far better in Climate Change (130th, +13.98 points over the last 10 years) and Waste Management and Sanitation  (141st in both)

Pacific Island Country of Nauru Renamed as Republic of Naoero
In August 2026, the Pacific Island country of Nauru officially changed its name to the Republic of Naoero to reflect its traditional identity, national language and cultural heritage.

• The name change also aims to strengthen national pride and preserve the indigenous heritage, language and identity of the island nation.

Highlights of Renaming: 
Name Change: Following a constitutional amendment approved in May 2026, the country officially changed its name from “Nauru” to its traditional indigenous name, “Naoero.”
Transition Measures: As part of the renaming, the country code will change from NRU to NRO, and citizens will officially be known as dei-Naoero.
About Naoero: It is a Pacific island nation in Oceania, which gained independence in 1968, uses the Australian Dollar, and is led by President David Adeang.

• With a population of around 12,000, Naoero is the world’s third-smallest country by population.

BANKING & FINANCE

HDFC Bank launches ‘Max for Seniors’ and ‘Max for Her’ savings accounts 
In August 2026, HDFC Bank Limited, India’s largest private sector bank, launched two new savings accounts variants, “Max for Seniors” and “Max for Her”, designed to offer customised benefits to senior citizens and women, respectively.

• Both these newly launched savings accounts provide a wide range of benefits, including cyber protection, an Auto Sweep Facility to earn higher returns on any surplus savings and various other lifestyle privileges.

About Newly Launched Saving Accounts:
Max for Seniors: This newly launched bank’s savings Max account variant provides cyber insurance cover of up to Rs 25,000. It provides debit card-linked accidental death cover of maximum Rs 3.19 crore.

• The account features an Auto Sweep facility for Fixed Deposit (FD)-like returns and offers an additional 0.5% interest on Fixed Deposits (FDs).

Max for Hers: The account offers FD-like higher returns on surplus savings with Auto Sweep facility.It offers debit card-linked accidental death cover of maximum Rs 3.19 crore and additional accident cover of maximum Rs 10 lakh.

• It provides a host of other benefits such as: complimentary health check-up; complementary airport lounge access; 50% discount on locker charges, among others.

ECONOMY & BUSINESS

ASSOCHAM Signs MoUs with Business France and IACCIA to Boost Global Trade Cooperation 
In August 2026, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) signed two Memorandums of Understanding (MoUs) with Business France and the India & Arab Countries Chamber of Commerce, Industry and Agriculture (IACCIA) to strengthen trade, investment, technology collaboration and business opportunities between India, France and Arab countries.

• The MoUs were signed in the presence of Saurabh Sanyal, Secretary General, ASSOCHAM; Vianney Meynier, Head of Agricultural Export Division, Business France; and Dr. Waiel S.H. Awwad, Secretary General, IACCIA.

Key Details of MoU:
Business France: The partnership will promote India–France trade and investment, technology collaboration, joint ventures, business delegations, market intelligence exchange, and business promotion events.
IACCIA:  The agreement strengthens India-Arab economic ties through trade facilitation, investment promotion, joint ventures, technology transfer and market expansion.
Significance: The collaborations enhance India’s global trade ecosystem through cross-border investments, innovation partnerships and international market access.
About ASSOCHAM: The ASSOCHAM is an apex industry association established in 1920, with its headquarters in New Delhi, Delhi.

APPOINTMENTS & RESIGNATIONS

A S Rajeev assumed Charge as Acting Central Vigilance Commissioner
In August 2026, A S Rajeev, serving as Vigilance Commissioner in the Central Vigilance Commission (CVC), assumed charge as the Acting Central Vigilance Commissioner with effect from 3 August 2026.

• He succeeded Praveen Kumar Srivastava, a 1988-batch Indian Administrative Service (IAS) officer of the Assam-Meghalaya cadre, who assumed charge as the Central Vigilance Commissioner on 29 May 2023 and completed his tenure on 2 August 2026.

About A S Rajeev: 
Experience:  He has over 38 years of experience in Syndicate Bank, Vijaya Bank, Indian Bank and Bank of Maharashtra across banking operations and governance.
Banking Career:  He served as the Managing Director and Chief Executive Officer (MD & CEO) of Bank of Maharashtra before joining the CVC.
Leadership: Apart from heading major public sector banks, A. S. Rajeev has served as Vice Chairman of the Indian Banks’ Association (IBA) and as a nominee director on the boards of the National Payments Corporation of India (NPCI), Export-Import Bank of India (EXIM Bank), and The New India Assurance Company Limited (NIACL).

RBI Appoints Monisha Chakraborty as ED to Oversee Forex and Financial Markets Regulation
In August 2026, the Reserve Bank of India (RBI) appointed Monisha Chakraborty as an Executive Director (ED) with effect from 3rd August 2026.

• She will oversee the Foreign Exchange Department (FED) and the Financial Markets Regulation Department (FMRD).

About Monisha Chakraborty:
Profile: She brings over three decades of experience at the RBI, with expertise across regulatory functions, operational responsibilities, and central banking operations.
Career at RBI: She has served in key areas of the RBI, including the Department of Supervision, Foreign Exchange, and the Government and Bank Accounts Department.
Previous Role: Prior to her elevation, she served as Chief General Manager-in-Charge in the Department of Supervision, RBI.
Key Contributions: She contributed to a technical committee constituted to review the format of the RBI’s Balance Sheet and Profit & Loss Account and also served as a Banking Ombudsman, addressing banking customer grievance redressal matters.
About RBI: Established on 1st April 1935 under the RBI Act, 1934, the RBI was nationalised on 1st January 1949 and is headquartered in Mumbai, Maharashtra.

ENVIRONMENT

ZSI Completed India’s 1st Catalogue of Lepidoptera: India Hosts 13,703 species of lepidoptera (Butterflies and Moths)
In August 2026, scientists from the Zoological Survey of India (ZSI) successfully completed India’s 1st detailed Catalogue of Lepidoptera (Butterflies and Moths), providing an updated taxonomic inventory of Indian Lepidoptera which include both butterflies and moths.

• The catalogue, prepared by the ZSI under the Ministry of Environment, Forest and Climate Change (MoEFCC), has been compiled across 22 volumes.
• And, the final volume of the catalogue was authored by ZSI taxonomists Dr. Rahul Joshi and Dr. Navneet Singh, published in the peer-reviewed international journal “Zootaxa”.

Key Findings:
Total Species Identified: As per ZSI, India hosts 13,703 species of butterflies and moths across 3,705 genera, 240 subfamilies, 102 families, and 31 superfamilies, representing nearly 8.25% of all known butterfly and moth species worldwide.

• Of the total lepidoptera species identified,1,417 species are butterflies and the remaining 12,286 are moths.

Nocturnal Pollinators: The key component of the project is a dedicated catalogue of the moth superfamily Geometroidea. As per the catalogue, India is home to 2,205 species of Geometroidea across 479 genera, 13 subfamilies, and 4 families which represents about 8.80% of the world’s known diversity in this superfamily.

SPORTS

Anahat Singh Becomes First Indian to Win World Junior Squash Championships
18-year-old Anahat Singh became the first Indian to win the World Junior Squash Championships 2026 women’s singles title, defeating Egypt’s Ruqayya Salem 3-0 with scores of 11-3, 11-7, 11-9 in the final at Niagara-on-the-Lake, Canada, from 20-31 July 2026 ending Egypt’s 15-year dominance since 2011.

• Anahat Singh’s historic victory surpassed Joshna Chinappa’s runner-up finish in 2005 as India’s best-ever result at the World Junior Squash Championships.

About World Junior Squash Championships 2026: 
Overview: The World Junior Squash Championships 2026 (31st edition) is the premier international age-group squash championship featuring junior men’s and women’s singles competitions under the age of 19.
Frequency: The championship was conducted by World Squash Federation Limited, held biennially until 2009 and has been conducted annually since then.
Men’s Title: Top-seed Mohamad Zakaria of Egypt successfully defended the men’s singles title at the 2026 WSF World Junior Squash Championships, defeating compatriot Adam Hawal (Egypt) 3-0 in the final to complete a historic title defence.

BOOKS & AUTHORS

Prashant Agrawal’s Book “Bringing the Cheetah Back to India” Released
The book titled “Bringing the Cheetah Back to India: How Diplomacy Made Conservation’s Big Mission Possible”, authored by Prashant Agrawal, an Indian Forest Service (IFS) officer of the 1998 batch (Madhya Pradesh(MP) cadre), was released.

• Published by Hachette India, the book chronicles the journey of India’s ambitious initiative for the reintroduction and conservation of cheetahs.

About the Book:
Insights: The book chronicles the intricate diplomatic, logistical, and ecological efforts behind translocating African cheetahs (Acinonyx jubatus) from Namibia and South Africa to Kuno National Park in Madhya Pradesh(MP).
Overview: The book highlights the importance of diplomacy and international cooperation in conservation initiatives while providing insights into the behind-the-scenes negotiations, logistics, and policy efforts involved in Project Cheetah.
Project Cheetah: Launched to reintroduce cheetahs to India after the species was declared extinct in 1952, the project saw the first batch of eight cheetahs from Namibia translocated into Kuno National Park on 17 September 2022.

IMPORTANT DAYS

National Bone and Joint Day 2026 – August 4 
National Bone and Joint Day is observed annually across India on 4 August to raise awareness about musculoskeletal health, preventive orthopaedics, and the importance of maintaining healthy bones and joints.
Background: 
Origin:  The Indian Orthopaedic Association (IOA) has observed National Bone and Joint Day since 2012, coinciding with its charter-signing day (1971).
Bone and Joint Week: The period from 4–10 August is observed annually as Bone and Joint Week across India.
Significance:  The day promotes healthy lifestyle practices such as regular exercise, balanced diet and avoiding smoking and excessive alcohol consumption for better bone and joint health.

STATE NEWS

Visakhapatnam, Moscow Sign MoC for Smart Urban Transport
In August 2026, the Greater Visakhapatnam Municipal Corporation (GVMC),  Andhra Pradesh(AP), and the Government of Moscow, Russia signed a Memorandum of Cooperation (MoC) to strengthen collaboration in smart mobility, sustainable urban transport, digital innovation and technology transfer for developing a modern urban transportation system in Visakhapatnam.

• The MoC was signed during the 5th International Transport Summit in Moscow by Ketan Garg, Commissioner, GVMC and Maksim Liksutov, Deputy Mayor of Moscow.

Highlights of the MoC:
Cooperation: The partnership will support the development of modern, sustainable urban transport systems, including integrated transport planning, Intelligent Transport Systems (ITS), and digital ticketing infrastructure.
Technology Integration: Both sides will collaborate on Artificial intelligence (AI)-enabled transport management, advanced transport technologies, autonomous transport, and urban transport data projects through technology exchange and innovation.
Significance: The Partnership will  help Visakhapatnam adopt global smart mobility practices and strengthen the Visakhapatnam Economic Region (VER) through innovation and knowledge exchange.

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