Daily Current Affairs Digest | 7th Aug 2026

Daily Current Affairs Digest | 7th Aug 2026

1. Goa ST Assembly Reservation Law Notified

The Centre has notified the law providing for reservation of seats for Scheduled Tribes (STs) in the Goa Legislative Assembly. The legislation enables the readjustment of constituencies and facilitates the reservation of seats for the Scheduled Tribe community, marking an important step towards greater political representation.

2. Cabinet Approves GOBARdhan National Circular Bioenergy Scheme

The Union Cabinet approved the GOBARdhan National Circular Bioenergy Scheme with an outlay of ₹23,731 crore. The initiative aims to expand compressed biogas production, strengthen waste-to-energy systems and promote efficient utilisation of organic waste. It is also expected to contribute to reducing India’s dependence on imported fuels while supporting the country’s clean-energy and circular-economy objectives.

3. India Test-Fires Agni-4 Missile

India successfully test-fired the nuclear-capable Agni-4 medium-range ballistic missile from Chandipur in Odisha. The test was conducted under the supervision of the Strategic Forces Command and successfully validated key operational parameters. The launch reinforces India’s strategic preparedness and contributes to strengthening the country’s credible strategic deterrence.

4. India-Singapore Hold 19th Foreign Office Consultations

India and Singapore conducted their 19th Foreign Office Consultations in New Delhi, reviewing the progress of bilateral cooperation across several areas. Discussions covered digitalisation, sustainability, connectivity, trade and advanced technologies. The consultations reaffirmed the importance of the India-Singapore partnership in strengthening economic and technological cooperation.

5. RBI Keeps Repo Rate Unchanged at 5.25%

The Reserve Bank of India’s Monetary Policy Committee decided to keep the policy repo rate unchanged at 5.25% and retained its neutral monetary policy stance. The RBI also maintained India’s FY27 GDP growth forecast at 6.6%. The decision reflects the central bank’s continued focus on balancing economic growth with inflation and broader macroeconomic stability.

6. Amended IT Rules Tighten Platform Compliance

India’s amended Information Technology Rules have strengthened obligations for digital intermediaries dealing with unlawful online content. Under the revised framework, intermediaries are required to remove unlawful content within three hours of receiving a valid court order or government notice. The move is aimed at improving the speed and effectiveness of digital content regulation and platform compliance.

7. Lok Sabha Passes Taxation and Other Laws Amendment Bill, 2026

The Lok Sabha passed the Taxation and Other Laws Amendment Bill, 2026, introducing a range of proposed tax and investment-related reforms. The legislation also enables changes concerning notified charges associated with digital-payment transactions. The measures are intended to support the evolving financial and digital-payment ecosystem while updating the taxation framework.

8. Supreme Court Issues Directions Against Digital-Arrest Scams

The Supreme Court issued nationwide directions to strengthen the response to rising digital-arrest scams. The Court asked the Reserve Bank of India to formulate a Standard Operating Procedure (SOP) concerning mule accounts and called for stronger mechanisms for handling cybercrime complaints and restoring funds to victims. The directions underline the growing need for coordinated action against financial cybercrime.