Lighthouse Prep · Current Affairs

Daily Current Affairs 4 August 2026

Daily current affairs for 4 August 2026 — 20 verified news items across Government Schemes, Tamil Nadu, National & more, with exam-angle notes, keywords and…

Published 4 August 2026 · current affairs · daily digest · government schemes · tamil nadu · national · economy

Part of August 2026 current affairs: the month's top stories by topic

Free to start — daily digests, practice questions and a study plan built round your exam.

Government Schemes

Kerala's Priyadarshini Free Bus Travel Scheme for Women Faces Controversy

Kerala's Priyadarshini Free Bus Travel Scheme for Women Faces Controversy
Photo: The Hindu

Kerala's UDF government launched the 'Priyadarshini' free bus travel scheme for women and transgender persons, inaugurated by Chief Minister V.D. Satheesan at Thampanoor. The inaugural journey to the Secretariat was operated by a women crew. However, Transport Minister C.P. John faced backlash after allegedly suggesting that many women were 'pretending to be poor' to misuse the scheme on KSRTC ordinary-class buses.

Exam angle Questions may focus on Kerala's Priyadarshini scheme details and related political controversies.
KeralaPriyadarshini schemeC.P. JohnV.D. SatheesanKSRTCUDF governmentThampanoor

Source The Hindu

Practice MCQs

Q1 Who inaugurated Kerala's 'Priyadarshini' free bus travel scheme?

  • AC.P. John
  • BV.D. SatheesanCorrect
  • CPinarayi Vijayan
  • DOommen Chandy

Explanation Chief Minister V.D. Satheesan inaugurated the 'Priyadarshini' scheme.

Q2 What controversy arose regarding the 'Priyadarshini' scheme?

  • AAllegations of financial mismanagement
  • BMinister C.P. John suggested some women pretended to be poor to misuse the schemeCorrect
  • CProtests by transport workers
  • DDelay in launching the scheme

Explanation Transport Minister C.P. John faced backlash for allegedly suggesting that many women pretended to be poor to avail free travel.

Q3 Who are the beneficiaries of the 'Priyadarshini' free bus travel scheme?

  • AAll residents of Kerala
  • BWomen and transgender personsCorrect
  • CSenior citizens
  • DStudents

Explanation The scheme provides free bus travel for women and transgender persons.

Centre Launches ₹2,000 Crore Horticulture Clusters Scheme to Control Food Inflation

Centre Launches ₹2,000 Crore Horticulture Clusters Scheme to Control Food Inflation
Photo: Livemint

The central government has announced a five-year scheme to develop horticulture clusters focused on fruits and vegetables near major cities. The initiative aims to reduce supply-chain costs, minimize post-harvest losses, and enhance farmers' access to markets. The scheme has an allocated budget of ₹2,000 crore and is designed to help tame food inflation by improving the efficiency of the horticulture sector.

Exam angle Questions may focus on government initiatives to control food inflation and support horticulture development.
central governmenthorticulture clustersfood inflationfarmerssupply-chainpost-harvest losses

Source Livemint

Practice MCQs

Q1 What is the budget allocated by the central government for the horticulture clusters scheme?

  • A₹1,000 crore
  • B₹2,000 croreCorrect
  • C₹5,000 crore
  • D₹10,000 crore

Explanation The central government has allocated ₹2,000 crore for the horticulture clusters scheme.

Q2 What is the primary objective of developing horticulture clusters near major cities under the new scheme?

  • AIncrease export of fruits and vegetables
  • BCut supply-chain costs and reduce post-harvest lossesCorrect
  • CPromote organic farming
  • DSubsidize fertilizers for farmers

Explanation The scheme aims to cut supply-chain costs, reduce post-harvest losses, and improve farmers' market access.

Q3 For how many years is the central government's horticulture clusters scheme planned?

  • A3 years
  • B5 yearsCorrect
  • C7 years
  • D10 years

Explanation The scheme is planned for a duration of five years.

Meta Summoned for Government Talks on Content Rules After PM Modi Video Glitch

Meta Summoned for Government Talks on Content Rules After PM Modi Video Glitch
Photo: Livemint

Meta Platforms has been summoned for government talks scheduled on August 5 and 6 regarding content rules. This follows the brief removal of a video posted by Prime Minister Narendra Modi on action against examination paper leaks from Meta's Facebook platform. The meetings aim to address concerns related to content regulation on social media platforms.

Exam angle Focus on government engagement with social media platforms over content regulation and digital governance.
Meta PlatformsPrime Minister Narendra ModiFacebookcontent rulesexamination paper leaks

Source Livemint

Practice MCQs

Q1 Why was Meta summoned for government talks on August 5 and 6?

  • AFor a data privacy breach involving Indian users
  • BDue to the brief removal of a PM Modi video on examination paper leaksCorrect
  • CTo discuss new taxation policies for social media companies
  • DFor promoting misinformation during elections

Explanation Meta was summoned after a video posted by PM Modi on action against examination paper leaks was briefly removed from Facebook.

Q2 What was the content of the video posted by Prime Minister Narendra Modi that was removed?

  • AA speech on economic reforms
  • BA message on action against examination paper leaksCorrect
  • CAn announcement about a new government scheme
  • DA campaign video for upcoming elections

Explanation The video was about action against examination paper leaks.

Q3 On which platform was the PM Modi video briefly removed?

  • ATwitter
  • BInstagram
  • CFacebookCorrect
  • DYouTube

Explanation The video was briefly removed from Meta Platforms' Facebook.

Tamil Nadu

Madras High Court Orders Release of Udhayanidhi Stalin After Questioning

Madras High Court Orders Release of Udhayanidhi Stalin After Questioning
Photo: The Hindu

The Madras High Court, presided by Justice G.K. Ilanthiraiyan, ordered the release of DMK leader Udhayanidhi Stalin after questioning by the Thanjavur police. During the hearing of his anticipatory bail plea, Advocate General Vijay Narayan stated that the police do not intend to remand him to judicial custody and that he would be released on station bail. The DMK described the arrest as an 'act of revenge'. The court dismissed the anticipatory bail plea but ensured his release following the police's submission.

Exam angle Focus on judicial decisions related to political leaders and police procedures in Tamil Nadu.
Udhayanidhi StalinMadras High CourtThanjavur PoliceAdvocate General Vijay NarayanDMKJustice G.K. Ilanthiraiyan

Source The Hindu

Practice MCQs

Q1 What was the Madras High Court's decision regarding Udhayanidhi Stalin's anticipatory bail plea?

  • AThe plea was accepted and he was granted bail immediately
  • BThe plea was dismissed but he was ordered to be released after questioningCorrect
  • CThe plea was dismissed and he was remanded to judicial custody
  • DThe plea was postponed for further hearing

Explanation The court dismissed the anticipatory bail plea but ordered Udhayanidhi Stalin's release after questioning, as the police did not intend to remand him.

Q2 According to Advocate General Vijay Narayan, what was the police's intention regarding Udhayanidhi Stalin?

  • ATo remand him to judicial custody immediately
  • BTo release him without any questioning
  • CTo question him and release him on station bail without judicial custodyCorrect
  • DTo file additional charges against him

Explanation Advocate General Vijay Narayan stated that the police intended to question Udhayanidhi Stalin and release him on station bail, not remand him to judicial custody.

Q3 How did the DMK describe Udhayanidhi Stalin's arrest?

  • AAn act of justice
  • BAn act of revengeCorrect
  • CA routine police procedure
  • DA political victory

Explanation The DMK called the arrest an 'act of revenge'.

Cauvery Water from Karnataka's Kabini Reservoir Reaches Hogenakkal in Tamil Nadu

Cauvery Water from Karnataka's Kabini Reservoir Reaches Hogenakkal in Tamil Nadu
Photo: The Hindu

Following rains, the Karnataka government began releasing Cauvery water from the Kabini reservoir on Saturday. This water has now reached Hogenakkal in Tamil Nadu, with an inflow recorded at 18,000 cusecs. Due to the increased water flow, authorities have imposed a ban on bathing and coracle operations in the area to ensure safety.

Exam angle Questions may focus on inter-state water sharing and recent developments in Cauvery water release.
CauveryKabini reservoirHogenakkalKarnataka governmentTamil Naducoracle operations

Source The Hindu

Practice MCQs

Q1 From which reservoir did Karnataka release Cauvery water that reached Tamil Nadu's Hogenakkal?

  • AKrishna reservoir
  • BKabini reservoirCorrect
  • CMettur reservoir
  • DBhakra reservoir

Explanation The Karnataka government released Cauvery water from the Kabini reservoir, which reached Hogenakkal in Tamil Nadu.

Q2 What safety measures were imposed in Hogenakkal following the inflow of Cauvery water?

  • ABan on fishing and boating
  • BBan on bathing and coracle operationsCorrect
  • CBan on all water activities
  • DNo safety measures imposed

Explanation Authorities imposed a ban on bathing and coracle operations in Hogenakkal due to the increased water inflow.

Q3 What was the recorded inflow of Cauvery water at Hogenakkal after release from Kabini?

  • A10,000 cusecs
  • B15,000 cusecs
  • C18,000 cusecsCorrect
  • D20,000 cusecs

Explanation The inflow of Cauvery water at Hogenakkal was recorded at 18,000 cusecs.

Tamil Nadu Files Supreme Court Petition Against Karnataka Over Cauvery Water Sharing

Tamil Nadu Files Supreme Court Petition Against Karnataka Over Cauvery Water Sharing
Photo: The Hindu

Amid deficient rainfall and ongoing disputes over Cauvery water sharing, Tamil Nadu has filed a petition in the Supreme Court seeking a fair share of Cauvery water from Karnataka. The petition cites inadequate water releases by Karnataka, reviving the long-standing conflict between the two states. The dispute involves issues related to water-sharing frameworks, legal regimes, reservoir statuses, and unresolved distress sharing concerns.

Exam angle Focus on the Cauvery water dispute, Tamil Nadu's legal action, and the water-sharing issues between Tamil Nadu and Karnataka.
Tamil NaduKarnatakaCauvery waterSupreme Courtwater-sharing disputedeficient rainfall

Source The Hindu

Practice MCQs

Q1 Why did Tamil Nadu approach the Supreme Court regarding the Cauvery water dispute?

  • ATo seek a fair share of Cauvery water from Karnataka due to inadequate releasesCorrect
  • BTo demand Karnataka to stop all water releases
  • CTo request more rainfall in the Cauvery basin
  • DTo propose a new water-sharing agreement with Kerala

Explanation Tamil Nadu filed the petition citing inadequate water releases by Karnataka and seeking a fair share of Cauvery water.

Q2 What factors have revived the Cauvery water dispute between Tamil Nadu and Karnataka?

  • ADeficient rainfall and unresolved distress sharing issuesCorrect
  • BExcessive rainfall and surplus water in reservoirs
  • CNew water-sharing agreements signed recently
  • DIntervention by the central government

Explanation Deficient rainfall and unresolved issues related to distress sharing have revived the Cauvery water dispute.

Q3 Which legal body is Tamil Nadu approaching to resolve the Cauvery water dispute?

  • ASupreme Court of IndiaCorrect
  • BNational Green Tribunal
  • CCentral Water Commission
  • DKarnataka High Court

Explanation Tamil Nadu has filed a petition in the Supreme Court seeking resolution of the Cauvery water dispute.

National

Rajya Sabha Passes Registration of Births and Deaths Bill Amid Protests

Rajya Sabha Passes Registration of Births and Deaths Bill Amid Protests
Photo: The Hindu

The Rajya Sabha passed the Registration of Births and Deaths Bill in August 2026 despite protests from the Opposition. Union Minister of State Nityanand Rai emphasized the Centre's commitment to registering every birth and recording every death. This measure aims to prevent deceased individuals from being counted as 'ghost voters,' which could be exploited by political parties for 'appeasement politics.' The bill seeks to strengthen the accuracy of population records and electoral rolls.

Exam angle Focus on legislative measures to improve birth and death registration and their political implications.
Rajya SabhaRegistration of Births and Deaths BillNityanand RaiOppositionghost votersCentre

Source PRS Legislative Research

Practice MCQs

Q1 What was the main objective of the Registration of Births and Deaths Bill passed by the Rajya Sabha in 2026?

  • ATo ensure every child born and every death is officially recordedCorrect
  • BTo introduce new voting rights for children
  • CTo reduce the voting age to 16 years
  • DTo provide financial benefits to newborns

Explanation The bill aims to ensure that every birth and death is registered to maintain accurate records.

Q2 According to Union Minister Nityanand Rai, what issue does the bill aim to address?

  • APreventing deceased persons from being counted as 'ghost voters'Correct
  • BIncreasing birth rates in rural areas
  • CPromoting digital voting systems
  • DEnhancing healthcare facilities for newborns

Explanation The minister stated the bill prevents deceased persons from continuing as 'ghost voters,' which benefits parties pursuing 'appeasement politics.'

Q3 What was the reaction of the Opposition during the passage of the Registration of Births and Deaths Bill in the Rajya Sabha?

  • AThey protested against the billCorrect
  • BThey fully supported the bill
  • CThey proposed amendments to the bill
  • DThey boycotted the session

Explanation The Opposition protested during the passage of the bill in the Rajya Sabha.

Indian Statistical Institute Bill Faces Criticism Over Autonomy Concerns

Indian Statistical Institute Bill Faces Criticism Over Autonomy Concerns
Photo: Livemint

The Indian Statistical Institute (ISI) is facing criticism over a new government bill that proposes reforms perceived to threaten its autonomy. A protest march took place on the ISI Kolkata campus last year when the draft bill was first published, with students, faculty, and staff urging the government to consult them before proceeding. The government argues that the institute's prescriptive regulations mean even minor reforms require approval from the General Body, which has raised concerns among the ISI community about the impact on institutional independence.

Exam angle Questions may focus on the controversy surrounding the Indian Statistical Institute Bill and its implications for institutional autonomy.
Indian Statistical InstituteISIKolkatagovernment billGeneral Bodyfacultystudentsprotest

Source Livemint

Practice MCQs

Q1 What was the main concern of the Indian Statistical Institute community regarding the new government bill?

  • AThreat to the institute's autonomyCorrect
  • BIncrease in funding for the institute
  • CExpansion of the institute's campus
  • DIntroduction of new courses

Explanation The ISI community protested because they were concerned that the new bill would threaten the institute's autonomy.

Q2 According to the government, why do even small reforms at the Indian Statistical Institute require approval from the General Body?

  • ABecause the institute is a private entity
  • BBecause the regulations are prescriptiveCorrect
  • CBecause the institute requested it
  • DBecause of budgetary constraints

Explanation The government stated that since the regulations are prescriptive, even small reforms require General Body approval.

Q3 When was the protest march held on the ISI Kolkata campus?

  • ALast year when the draft bill was first publishedCorrect
  • BAfter the bill was passed
  • CDuring the institute's annual festival
  • DAt the time of the institute's founding anniversary

Explanation The protest march took place last year when the draft bill was first published.

Supreme Court directs JioStar to approach Delhi HC over TRAI tariff framework challenge

Supreme Court directs JioStar to approach Delhi HC over TRAI tariff framework challenge
Photo: Livemint

The Supreme Court has directed JioStar to return to the Delhi High Court to challenge the Telecom Regulatory Authority of India's (TRAI) television tariff framework. JioStar contends that TRAI's tariff orders and regulations impose unfair pricing standards by equating commercial and residential subscribers. The dispute involves regulations on maximum retail price caps, pricing, and direct-to-home (DTH) distribution.

Exam angle Judicial directives on regulatory challenges against TRAI's tariff framework and pricing regulations.
Supreme CourtJioStarDelhi High CourtTRAItelevision tariff frameworkMRP capsDTH distribution

Source Livemint

Practice MCQs

Q1 What did the Supreme Court direct JioStar to do regarding its challenge to TRAI's tariff framework?

  • AApproach the Delhi High CourtCorrect
  • BFile a petition in the Supreme Court
  • CAccept TRAI's regulations
  • DApproach the Telecom Regulatory Authority of India

Explanation The Supreme Court asked JioStar to approach the Delhi High Court in its challenge to TRAI's tariff framework.

Q2 What is JioStar's main argument against TRAI's tariff orders and regulations?

  • AThey impose unfair pricing by equating commercial and residential subscribersCorrect
  • BThey allow unlimited pricing freedom
  • CThey exclude residential subscribers from pricing
  • DThey only regulate internet tariffs

Explanation JioStar argues that TRAI's tariff orders impose unfair pricing standards by equating commercial and residential subscribers.

Q3 Which aspects of TRAI's regulations are being challenged by JioStar?

  • AMRP caps, pricing, and DTH distributionCorrect
  • BInternet data limits
  • CMobile call tariffs
  • DBroadcast content regulations

Explanation The challenge involves regulations on maximum retail price caps, pricing, and direct-to-home (DTH) distribution.

Nishikant Dubey Demands Zuckerberg Apologise for PM Modi Video Removal

Nishikant Dubey Demands Zuckerberg Apologise for PM Modi Video Removal
Photo: Livemint

Nishikant Dubey, head of a parliamentary panel, has demanded that Meta CEO Mark Zuckerberg personally apologise for the temporary removal of Prime Minister Narendra Modi's video from Facebook. Dubey warned that failure to apologise could lead to the withdrawal of Meta's safe harbour protection under the Information Technology Act. This demand highlights concerns over content moderation and accountability on social media platforms in India.

Exam angle Focuses on social media regulation and government oversight in India.
Nishikant DubeyMark ZuckerbergMetaPM Narendra ModiFacebookIT Actsafe harbour protection

Source Livemint

Practice MCQs

Q1 Who demanded that Mark Zuckerberg apologise for the removal of PM Modi's video?

  • ANishikant DubeyCorrect
  • BNarendra Modi
  • CMark Zuckerberg
  • DParliamentary Committee on Finance

Explanation Nishikant Dubey, the parliamentary panel chief, demanded the apology.

Q2 What consequence did Nishikant Dubey warn Meta could face if Zuckerberg does not apologise?

  • ABan on Facebook in India
  • BWithdrawal of safe harbour protection under the IT ActCorrect
  • CHeavy financial penalties
  • DCriminal charges against Zuckerberg

Explanation Dubey warned that Meta could lose its safe harbour protection under the IT Act.

Q3 What was temporarily removed from Facebook, prompting the demand for an apology?

  • AA video of PM Narendra ModiCorrect
  • BA post by Nishikant Dubey
  • CA Meta company announcement
  • DA news article about IT Act

Explanation The temporary removal of PM Narendra Modi's video from Facebook triggered the demand.

Vinesh Phogat and Female Wrestlers to Appeal Brij Bhushan Acquittal

Vinesh Phogat and Female Wrestlers to Appeal Brij Bhushan Acquittal
Photo: The Hindu

Following the acquittal of Brij Bhushan Sharan Singh, Vinesh Phogat and other female wrestlers have announced their intention to appeal the decision. Vinesh Phogat criticized the government and the system, accusing them of trying to protect Brij Bhushan. The wrestlers remain determined to seek justice through further legal action.

Exam angle Focus on recent legal developments involving Brij Bhushan Sharan Singh and the response from female wrestlers including Vinesh Phogat.
Brij Bhushan Sharan SinghVinesh Phogatfemale wrestlersacquittalappeal

Source The Hindu

Practice MCQs

Q1 What action did Vinesh Phogat and other female wrestlers decide to take after Brij Bhushan Sharan Singh's acquittal?

  • AAccept the court's decision
  • BAppeal against the acquittalCorrect
  • CWithdraw all complaints
  • DSupport Brij Bhushan Sharan Singh

Explanation Vinesh Phogat and female wrestlers announced they will appeal the decision following Brij Bhushan Sharan Singh's acquittal.

Q2 According to Vinesh Phogat, what was the role of the government and system in Brij Bhushan's acquittal?

  • AThey were impartial
  • BThey were trying to protect Brij BhushanCorrect
  • CThey were unaware of the case
  • DThey supported the wrestlers

Explanation Vinesh Phogat stated that the government and the system were working to protect Brij Bhushan.

Q3 Who is Brij Bhushan Sharan Singh in the context of this news?

  • AA wrestler acquitted in a legal caseCorrect
  • BA government official supporting wrestlers
  • CA coach of the Indian wrestling team
  • DAn athlete appealing a court decision

Explanation Brij Bhushan Sharan Singh is the individual who was acquitted and whose acquittal is being appealed by female wrestlers.

FSSAI Prohibits Dabur Over Misleading '100%' Claims on Products

FSSAI Prohibits Dabur Over Misleading '100%' Claims on Products
Photo: Livemint

The Food Safety and Standards Authority of India (FSSAI) issued a prohibition order against Dabur for making misleading '100%' claims on several of its products. The products flagged include Honey, Apple Cider Vinegar, Virgin Coconut Oil, Sesame Oil, Cow Ghee, Coconut Water, Coconut Milk, among others. The FSSAI found that these claims were not substantiated, leading to regulatory action against the company to prevent consumer deception.

Exam angle Regulatory actions by FSSAI against misleading product claims by major companies like Dabur.
FSSAIDaburHoneyApple Cider VinegarVirgin Coconut OilSesame OilCow GheeCoconut Water

Source Livemint

Practice MCQs

Q1 Which regulatory body issued a prohibition order against Dabur for misleading '100%' claims?

  • AFSSAICorrect
  • BFDA
  • CBIS
  • DAGMARK

Explanation The Food Safety and Standards Authority of India (FSSAI) issued the prohibition order against Dabur.

Q2 Which of the following Dabur products was NOT mentioned in the FSSAI prohibition order for misleading claims?

  • AHoney
  • BApple Cider Vinegar
  • CVirgin Coconut Oil
  • DToothpasteCorrect

Explanation Toothpaste was not listed among the products with misleading '100%' claims; the order mentioned Honey, Apple Cider Vinegar, Virgin Coconut Oil, and others.

Q3 What was the main reason for FSSAI's prohibition order against Dabur?

  • AMisleading '100%' claims on productsCorrect
  • BUse of banned ingredients
  • CPoor manufacturing practices
  • DFailure to pay taxes

Explanation FSSAI issued the order due to misleading '100%' claims on Dabur's products.

IndiGo Appoints Former IATA Chief Willie Walsh as CEO for Global Expansion

IndiGo Appoints Former IATA Chief Willie Walsh as CEO for Global Expansion
Photo: Livemint

IndiGo has appointed Willie Walsh, the former chief of the International Air Transport Association (IATA), as its new Chief Executive Officer. Walsh, an experienced aviation leader, will be responsible for steering the airline's global expansion, enhancing its international network, and shaping its long-term strategic direction.

Exam angle Questions may focus on recent leadership changes in major Indian airlines and their strategic goals.
IndiGoWillie WalshIATACEOaviationglobal expansioninternational network

Source Livemint

Practice MCQs

Q1 Who has been appointed as the new CEO of IndiGo?

  • AWillie WalshCorrect
  • BRakesh Jhunjhunwala
  • CAditya Ghosh
  • DRahul Bhatia

Explanation Willie Walsh, the former IATA chief, has been appointed as the new CEO of IndiGo.

Q2 What is one of the key responsibilities of Willie Walsh as IndiGo's CEO?

  • ALeading the airline's global expansionCorrect
  • BManaging domestic flight operations only
  • CFocusing solely on cargo services
  • DOverseeing in-flight catering

Explanation Willie Walsh will lead IndiGo's global expansion, international network growth, and long-term strategy.

Q3 Willie Walsh was formerly the chief of which organization?

  • AInternational Air Transport Association (IATA)Correct
  • BAir India
  • CBoeing
  • DInternational Civil Aviation Organization (ICAO)

Explanation Willie Walsh was the former chief of the International Air Transport Association (IATA).

United Spirits Challenges FSSAI Flavouring Order in Bombay HC

United Spirits Challenges FSSAI Flavouring Order in Bombay HC
Photo: Livemint

United Spirits, owned by Diageo India, has approached the Bombay High Court to challenge the Food Safety and Standards Authority of India's (FSSAI) crackdown on flavouring and labelling practices. This move comes as FSSAI intensifies enforcement actions across the Indian Made Foreign Liquor (IMFL) industry, targeting compliance with regulatory standards.

Exam angle Focus on regulatory challenges faced by liquor companies and FSSAI's enforcement in the IMFL sector.
United SpiritsDiageo IndiaBombay High CourtFSSAIIMFL industry

Source Livemint

Practice MCQs

Q1 Which company has moved the Bombay High Court against the FSSAI's flavouring order?

  • AUnited SpiritsCorrect
  • BRadico Khaitan
  • CUnited Breweries
  • DSula Vineyards

Explanation United Spirits, owned by Diageo India, challenged the FSSAI's crackdown by moving the Bombay High Court.

Q2 What is the main issue United Spirits is challenging in the Bombay High Court?

  • ATaxation on liquor sales
  • BFlavouring and labelling practices enforcementCorrect
  • CAdvertising restrictions
  • DImport duties on liquor

Explanation United Spirits challenged the FSSAI's crackdown on flavouring and labelling practices.

Q3 Which regulatory body is enforcing the crackdown on the IMFL industry?

  • AFood Safety and Standards Authority of India (FSSAI)Correct
  • BCentral Board of Excise and Customs (CBEC)
  • CMinistry of Commerce
  • DBureau of Indian Standards (BIS)

Explanation FSSAI is the regulator enforcing the crackdown on flavouring and labelling in the IMFL industry.

Economy

Government Proposes Easier Tax Rules to Attract Offshore Funds

Government Proposes Easier Tax Rules to Attract Offshore Funds
Photo: The Hindu

The Government of India has proposed a Bill to ease tax relief conditions for offshore funds managed from India. The Bill, expected to be introduced soon in the Lok Sabha by Finance Minister Nirmala Sitharaman, aims to simplify investment rules, strengthen tax certainty, and attract more overseas fund managers and foreign capital. These reforms are part of the government's efforts to boost foreign investment and improve the investment climate in India.

Exam angle Focus on recent government proposals to ease tax rules for offshore funds to attract foreign investment.
Government of IndiaFinance Minister Nirmala Sitharamanoffshore fundstax reliefLok Sabhaforeign capital

Source The Hindu

Practice MCQs

Q1 Who is expected to introduce the Bill proposing easier tax rules for offshore funds in the Lok Sabha?

  • APrime Minister Narendra Modi
  • BFinance Minister Nirmala SitharamanCorrect
  • CMinister of Commerce Piyush Goyal
  • DMinister of Finance Arun Jaitley

Explanation The Bill is expected to be introduced by Finance Minister Nirmala Sitharaman in the Lok Sabha.

Q2 What is the main objective of the proposed reforms related to offshore funds?

  • ATo increase tax rates on foreign investments
  • BTo simplify investment rules and attract more foreign capitalCorrect
  • CTo ban offshore funds managed from India
  • DTo reduce domestic investment opportunities

Explanation The reforms aim to simplify investment rules, strengthen tax certainty, and attract more overseas fund managers and foreign capital.

Q3 Which legislative body is the Bill on easing tax relief for offshore funds expected to be introduced in?

  • ARajya Sabha
  • BLok SabhaCorrect
  • CState Legislative Assembly
  • DFinance Commission

Explanation The Bill is expected to be introduced in the Lok Sabha.

India's Manufacturing Activity Growth Falls to Five-Year Low in July 2026

India's Manufacturing Activity Growth Falls to Five-Year Low in July 2026
Photo: The Hindu

India's manufacturing sector experienced a slowdown in July 2026, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) indicating growth at a near five-year low. The moderation was primarily due to a sharp decline in new orders, which led to reduced input purchasing. Despite these challenges, export demand strengthened and inflationary pressures eased. The PMI reflects overall manufacturing conditions based on new orders, output, employment, supplier delivery times, and stocks of purchases.

Exam angle Questions may focus on recent trends in India's manufacturing sector growth and factors affecting the PMI in 2026.
IndiaManufacturingHSBCPMIJuly 2026New OrdersExportsInflation

Source The Hindu

Practice MCQs

Q1 What was the main reason for the slowdown in India's manufacturing activity in July 2026 according to the HSBC PMI?

  • ASharp moderation in new ordersCorrect
  • BIncrease in inflationary pressures
  • CDecline in export demand
  • DRise in employment levels

Explanation The slowdown was mainly due to a sharp moderation in new orders, which curbed input purchasing.

Q2 Which of the following factors showed improvement despite the slowdown in India's manufacturing sector in July 2026?

  • AExport demand strengthenedCorrect
  • BNew orders increased
  • CInflationary pressures intensified
  • DSupplier delivery times lengthened

Explanation Export demand strengthened even as the manufacturing activity growth slowed.

Q3 What does the HSBC India Manufacturing PMI measure?

  • AOverall manufacturing conditions including new orders, output, employment, supplier delivery times, and stocks of purchasesCorrect
  • BOnly the export demand of manufacturing goods
  • CInflation rates in the manufacturing sector
  • DEmployment trends in the service sector

Explanation The PMI is a gauge of overall manufacturing conditions derived from multiple measures including new orders, output, employment, supplier delivery times, and stocks of purchases.

Centre to Sell 6.5% Stake in LIC at ₹382 Per Share in August OFS

Centre to Sell 6.5% Stake in LIC at ₹382 Per Share in August OFS
Photo: Livemint

The Government of India will sell up to 6.5% stake in Life Insurance Corporation of India (LIC) through an Offer for Sale (OFS) at a floor price of ₹382 per share. The OFS will be conducted over two days: August 4 for non-retail investors and August 5 for retail investors, as announced by the Department of Investment and Public Asset Management (DIPAM) Secretary.

Exam angle Details of the LIC stake sale by the Centre including dates, stake percentage, and floor price.
Life Insurance Corporation of IndiaLICCentreDIPAMOffer for Sale₹382stake saleAugust 2026

Source Livemint

Practice MCQs

Q1 What percentage stake in LIC is the Centre planning to sell in the August 2026 OFS?

  • A5%
  • B6.5%Correct
  • C10%
  • D15%

Explanation The Centre will sell up to 6.5% stake in LIC as per the announcement.

Q2 At what floor price per share will the Centre sell LIC shares in the OFS?

  • A₹350
  • B₹382Correct
  • C₹400
  • D₹420

Explanation The floor price for LIC shares in the OFS is set at ₹382 per share.

Q3 On which date can retail investors bid for LIC shares in the OFS?

  • AAugust 3
  • BAugust 4
  • CAugust 5Correct
  • DAugust 6

Explanation Retail investors can bid on August 5 during the two-day OFS.

Ather Becomes First New-Age EV Two-Wheeler Maker to Achieve EBITDA Breakeven

Ather Becomes First New-Age EV Two-Wheeler Maker to Achieve EBITDA Breakeven
Photo: Livemint

Ather Energy achieved EBITDA breakeven, becoming the first new-age electric vehicle two-wheeler manufacturer to do so. The company benefited from the EV boom driven by the West Asia war, which led to an 81% increase in sales during the June quarter, reaching 83,173 units.

Exam angle Questions may focus on Ather's milestone in the EV sector and factors contributing to its sales growth.
Ather EnergyEV two-wheelerEBITDA breakevenWest Asia warJune quartersales increase

Source Livemint

Practice MCQs

Q1 What milestone did Ather Energy achieve as a new-age EV two-wheeler maker?

  • AReached EBITDA breakevenCorrect
  • BLaunched first electric car
  • CStarted exports to Europe
  • DReceived government subsidy

Explanation Ather became the first new-age EV two-wheeler maker to achieve EBITDA breakeven.

Q2 By what percentage did Ather's sales increase during the June quarter?

  • A81%Correct
  • B50%
  • C100%
  • D25%

Explanation Ather's sales increased by 81% during the June quarter.

Q3 What external event contributed to Ather's EV sales boom?

  • AWest Asia warCorrect
  • BGlobal chip shortage
  • CNew government policy
  • DMonsoon season

Explanation The West Asia war-driven EV boom helped increase Ather's sales.

International

Trump Calls US-Iran Talks 'Last Chance' to Reach Deal Amid Strait of Hormuz Tensions

Trump Calls US-Iran Talks 'Last Chance' to Reach Deal Amid Strait of Hormuz Tensions
Photo: The Hindu

On August 3, 2026, former President Trump stated that US-Iran talks are currently ongoing and described them as Tehran's 'last chance' to reach a deal. These negotiations aim to ease tensions following months of conflict that disrupted shipping through the Strait of Hormuz and raised regional security concerns. Trump expects the talks to begin within the next day or two, focusing on reopening the Strait of Hormuz and addressing US concerns about Iran's nuclear program to avoid escalation of US strikes.

Exam angle Focus on recent US-Iran negotiations and their significance in regional security and nuclear concerns.
TrumpUnited StatesIranStrait of Hormuznuclear programmenegotiationsregional security

Source The Hindu

Practice MCQs

Q1 What did Trump describe the ongoing US-Iran talks as?

  • AA routine diplomatic discussion
  • BTehran's last chance to reach a dealCorrect
  • CA minor negotiation with no urgency
  • DAn opportunity to increase sanctions

Explanation Trump called the talks Tehran's 'last chance' to reach a deal, emphasizing their urgency.

Q2 What is one of the main goals of the US-Iran talks mentioned by Trump?

  • ATo increase shipping restrictions in the Strait of Hormuz
  • BTo reopen the Strait of Hormuz and address US concerns about Iran's nuclear programCorrect
  • CTo establish a military alliance between the US and Iran
  • DTo impose new economic sanctions on Iran

Explanation Trump stated the talks aim to reopen the Strait of Hormuz and create a pathway to address US concerns about Iran's nuclear program.

Q3 What has been a consequence of the US-Iran conflict prior to these talks?

  • AIncreased trade between the US and Iran
  • BDisruption of shipping through the Strait of HormuzCorrect
  • CResolution of regional security concerns
  • DExpansion of Iran's nuclear program

Explanation The conflict disrupted shipping through the Strait of Hormuz and heightened regional security concerns.

Sports

Frequently asked questions

What are the key current affairs of August 4, 2026?
20 items spanning National, Economy, Government Schemes. Each item carries a short summary, an exam-relevance note, and 2 to 3 MCQs you can practise immediately.
Which exams is this digest tailored for?
TNPSC, SSC (CGL, CHSL), Banking (IBPS, SBI), RRB and GATE General Awareness sections. The exam-relevance line under each item highlights the most likely question angle.
Is Tamil Nadu news covered in this digest?
Yes — this digest includes 3 Tamil Nadu items aimed at TNPSC aspirants, alongside national coverage.

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