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Daily Current Affairs

August 8, 2026 • 9 Key Topics

01
Culture

India Observes 12th National Handloom Day

India observed the 12th National Handloom Day on 7 August 2026, marking the anniversary of the Swadeshi Movement's launch on 7 August 1905.

  • Main function held at Rashtrapati Bhavan Cultural Centre, New Delhi; President Droupadi Murmu attended as Chief Guest.
  • 22 awards presented — 3 Sant Kabir Handloom Awards and 19 National Handloom Awards for 2025; four commemorative postage stamps and two special publications released.
  • The handloom sector supports over 35 lakh weavers and allied workers, more than 70% of them women.

Exam Context: Culture, Government schemes, Swadeshi Movement, Women in workforce.

02
Polity

Centre Opposes Creamy Layer Principle for SC/ST Quotas

The Union Government told the Supreme Court that the creamy layer principle cannot be applied to reservations for Scheduled Castes and Scheduled Tribes, since their reservation rests on historical and social discrimination, not economic status alone.

  • Cited the Ashoka Kumar Thakur judgment, which clarified the creamy layer concept applies only to Other Backward Classes.
  • Said any major reservation policy change should come from Parliament after a proper empirical study of socio-economic conditions.

Exam Context: Polity, Judiciary, Reservation policy, Supreme Court judgments.

03
Defence

Sqn Ldr Bhawana Kanth Becomes First Woman to Complete IAF Fighter Combat Leader Course

Squadron Leader Bhawana Kanth has become the first woman fighter pilot of the Indian Air Force to complete the Fighter Combat Leader (FCL) course, conducted at the Tactics and Air Combat Development Establishment in Gwalior.

  • The FCL course is among the IAF's most demanding programmes, preparing pilots for complex air combat and leadership roles.
  • Bhawana Kanth was among the first three women fighter pilots inducted into the IAF in 2016.

Exam Context: Defence, Women in armed forces, IAF training programmes.

04
Defence

India Successfully Test-Fires Agni-4 Missile

India successfully test-fired the nuclear-capable Agni-4 medium-range ballistic missile from the Integrated Test Range at Chandipur, Odisha, with a strike range of up to 4,000 km.

  • A two-stage, solid-fuel missile developed by DRDO, fitted with an advanced heat shield for re-entry at extreme temperatures.
  • The test reaffirmed the reliability of India's strategic missile systems and credible minimum deterrence capability.

Exam Context: Defence technology, DRDO, Strategic deterrence, Missile systems.

05
Governance

Har Ghar Tiranga Campaign 2026 Launched

Union Culture Minister Gajendra Singh Shekhawat launched the Har Ghar Tiranga campaign 2026, running nationwide from 9 to 17 August, encouraging citizens to hoist the National Flag at home ahead of Independence Day.

  • Previous editions saw large-scale participation, with millions sharing Tiranga photographs on the official portal.
  • This year's push focuses on flag availability and awareness through schools, colleges and residential societies.

Exam Context: Government campaigns, National symbols, Independence Day.

06
International

India and Sri Lanka Finalise Social Security Agreement

India and Sri Lanka concluded negotiations on a bilateral Social Security Agreement, under which workers temporarily employed in each other's countries won't need to contribute to both social security systems.

  • Reached during Foreign Secretary Vikram Misri's visit to Colombo; both sides also agreed to advance FTA-update negotiations.
  • India extended Rupee-denominated Lines of Credit for Sri Lankan railway projects and livestock development.

Exam Context: International Relations, Neighbourhood First policy, Bilateral agreements.

07
Polity

Rajya Sabha Passes Appropriation Bill, 2026

The Rajya Sabha passed the Appropriation Bill, 2026, authorising withdrawal of ₹54,067.44 crore from the Consolidated Fund of India to regularise Excess Grants for FY 2022-23.

  • An Appropriation Bill is a constitutional requirement under Article 114 — no money can be withdrawn from the Consolidated Fund without parliamentary approval.

Exam Context: Polity, Parliamentary procedure, Consolidated Fund of India, Article 114.

08
Economy

RBI Classifies Tata Sons as NBFC-Upper Layer

The RBI classified Tata Sons as an NBFC-Upper Layer (NBFC-UL) under its Scale-Based Regulatory Framework, subjecting it to stricter capital, governance and risk-management norms as a systemically important entity.

  • The classification has raised expectations that Tata Sons may move towards stock exchange listing in coming years.

Exam Context: Economy, Banking regulation, RBI's Scale-Based Regulatory Framework.

09
Polity

Amit Shah Assures Christian Bodies FCRA Amendment Bill is Religion-Neutral

Union Home Minister Amit Shah assured Christian organisations that the proposed FCRA amendments are religion-neutral, aimed only at greater transparency and proper utilisation of foreign funds received by NGOs.

  • The clarification follows concerns raised by some groups; the government maintains the focus is on accountability, not restricting any community.

Exam Context: Polity, FCRA, NGO regulation, Governance.

Prelims Quick-Revision Facts

National Handloom Day
Culture

12th edition observed 7 August 2026; 22 awards presented at Rashtrapati Bhavan Cultural Centre.

Creamy Layer & SC/ST Quotas
Polity

Centre tells SC creamy layer principle applies only to OBCs, not SC/ST reservations.

Bhawana Kanth
Defence

First woman IAF fighter pilot to complete the Fighter Combat Leader course.

Agni-4 Missile
Defence

Nuclear-capable MRBM test-fired from Chandipur, Odisha; ~4,000 km range.

Har Ghar Tiranga 2026
Governance

Campaign runs 9-17 August 2026, ahead of Independence Day.

India-Sri Lanka Social Security Pact
International

Bilateral agreement finalised; avoids double social security contributions for temporary workers.

Appropriation Bill 2026
Polity

Rajya Sabha authorises ₹54,067.44 crore withdrawal for FY 2022-23 Excess Grants.

Tata Sons NBFC-UL
Economy

RBI classifies Tata Sons under NBFC-Upper Layer, its strictest regulatory tier.

FCRA Amendment Bill
Polity

Amit Shah assures Christian bodies the Bill is religion-neutral, focused on transparency.

Test Yourself on Today's Affairs

Attempt 9 MCQs based on the August 8, 2026 edition.

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