Daily Current Affairs 26th Aug 2025 | Latest News | Download PDF

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CURRENT AFFAIRS : BANKING, FINANCE & BUSINESS

South Indian Bank launches new gold loan scheme ‘SIB Gold Xpress’

• South Indian Bank (SIB), a private-sector bank headquartered in Thrissur, Kerala, has launched a new gold loan product called SIB Gold Xpress.
• The scheme is designed to offer quick and convenient credit to a targeted audience of Micro, Small and Medium Enterprises (MSMEs), non-MSMEs, and small businesses to help with their business expansion.
• Borrowers can avail of a loan amount ranging from ₹25,000 to ₹25 lakh for a flexible tenure of up to three years.
• Customers can get a loan of up to 90% of their gold’s value, which is a high loan-to-value (LTV)
• Managing Director (MD) and Chief Executive Officer (CEO) of South Indian Bank : Mr. P. R. Seshadri.

Bandhan Bank introduces Legacy Savings Account for affluent customers

• Bandhan Bank has launched the Legacy Savings Account, a new premium product for its affluent customers.
• The launch coincides with the bank’s 10th anniversary of operations.
• The account offers a wide range of exclusive benefits, including a World Elite Mastercard debit card.
• This card provides access to both domestic and international airport lounges (including companion access for domestic lounges), complimentary movie and event tickets, and golf sessions.
• Customers will also receive a dedicated relationship manager and lifetime discounts on locker rentals.
• The account provides unlimited free transactions, including cash deposits, RTGS, NEFT, and IMPS.
• It comes with enhanced insurance coverage, such as ₹1 crore for air accidents, ₹20 lakh for personal accidents, and ₹5 lakh for purchase protection.
• As of June 30, 2025, the bank serves over 31 million customers, with deposits of ₹1.55 lakh crore and advances of ₹1.34 lakh crore.

About Bandhan Bank :

• Founded : 23 August 2015
• Headquarters : Kolkata, West Bengal, India
• MD & CEO : Partha Pratim Sengupta

Reserve Bank of India releases discussion paper on inflation targeting framework before March review

• The Reserve Bank of India (RBI) is reviewing its flexible inflation targeting (FIT) framework, a process required by law ahead of its next five-year term starting in March 2026.
• The framework’s statutory basis is rooted in amendments to the RBI Act, 1934.

Key Highlights :

Current Framework

• Statutory Basis: The FIT framework was given statutory backing in May 2016 through an amendment to the RBI Act, 1934.
• Legal Mandate: As per Section 45ZA of the Act, the government, in consultation with the RBI, must set a Consumer Price Index (CPI) inflation target every five years.
• Current Target: The current target, which has been in effect since August 2016 and was retained in March 2021, is 4% CPI inflation with a tolerance band of ±2% (meaning the acceptable range is 2% to 6%).
• The RBI has sought views on four key issues:

1. Whether headline or core inflation should guide monetary policy
2. Whether the 4% inflation target remains appropriate
3. Whether the tolerance band should be changed, narrowed, widened or removed
4. Whether the target should be replaced with a range to preserve flexibility without losing credibility.

Reserve Bank of India Imposes ₹1 Lakh Monetary Penalty on Ayodhya Finlease Limited

• The Reserve Bank of India (RBI) imposed a monetary penalty of ₹1 lakh on Ayodhya Finlease Limited.
• The company is a Non-Banking Financial Company (NBFC).
• The penalty was levied for the company’s non-compliance with the NBFC Master Directions of 2016 and the NBFC Scale-Based Regulation Directions of 2023.
• Specifically, RBI found that the company failed to obtain prior written approval for a change in shareholding that exceeded 26% of its paid-up equity capital.
• This penalty was imposed using powers granted to the RBI under Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934.

Unique Identification Authority of India launches Aadhaar-based authentication system for Cooperative Banks across India

• The Unique Identification Authority of India (UIDAI) has implemented a new framework to onboard Cooperative Banks to provide Aadhaar-based authentication services.
• This is a major step toward promoting last-mile banking and digital inclusion.
• The framework was developed in consultation with the Ministry of Cooperation, NABARD, and NPCI.
• It will cover all 34 State Cooperative Banks (SCBs) and 352 District Central Cooperative Banks (DCCBs) across India.
• To simplify the process, only the State Cooperative Banks will be registered with UIDAI as Authentication User Agencies (AUAs) and eKYC User Agencies (KUAs).
• The DCCBs will then be able to use the Aadhaar authentication infrastructure of their respective SCBs.
• This framework will empower these cooperative banks to offer services such as the Aadhaar Enabled Payment System (AePS) and the Aadhaar Payment Bridge (APB).
• The AePS allows for basic banking transactions using Aadhaar, while the APB is used for direct benefit transfers (DBT) of government subsidies.
• Chairman, UIDAI : Neelkanth Mishra
• CEO, UIDAI : Bhuvnesh Kumar

CURRENT AFFAIRS: NATIONAL AND STATE NEWS

Second National Space Day Celebrated Across India

• The second National Space Day is being celebrated across India on 23rd August 2025.
• The day commemorates the successful soft landing of Chandrayaan-3 Mission’s Vikram Lander and the deployment of the Pragyan Rover on the Moon on 23rd August 2023.
• With this success, India became the fourth country to land on the Moon and the first to land near the southern polar region.
• The landing site was named Shiv Shakti Point.

Key Highlights:

• The Government of India declared 23rd August as “National Space Day” to honour the achievement.
• The 2025 theme: “Aryabhatta to Gaganyaan: Ancient Wisdom to Infinite Possibilities”.
• As part of the celebration, the Indian Space Research Organisation (ISRO) hosted the National Space Meet 2.0 in New Delhi.
• The meet involved Ministries, Private Stakeholders, Academia, Startups, and Experts to design India’s space applications roadmap for the next decade.
• 10 breakout sessions were held, with experts working over four months with Ministries, Departments, State Governments, and ISRO to identify hundreds of immediate and future use cases.
• V. Narayanan (Chairman, ISRO) recalled India’s journey from Thumba rocket launches in 1963 to present-day global recognition, emphasizing private sector integration and capability augmentation as crucial for Viksit Bharat 2047.
• To mark the day, the Department of Space is organizing nationwide celebrations throughout the month to inspire youth in space science and applications.
• The Physical Research Laboratory (PRL) is also celebrating National Space Day at its campuses in Ahmedabad, Udaipur, and Mt. Abu.

Prime Minister Shri Narendra Modi Inaugurates and Lays Foundation Stone of Development Projects worth over ₹5,200 Crore in Kolkata, West Bengal

• Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone of multiple development projects worth over ₹5,200 crore in Kolkata, West Bengal.
• The PM flagged off and inaugurated 13.61 km of newly constructed metro networks in Kolkata, including:
  • Noapara–Jai Hind Bimanbandar Metro Service, improving direct airport connectivity.
  • Sealdah–Esplanade Metro Service, reducing travel time from 40 minutes to only 11 minutes.
  • Beleghata–Hemanta Mukhopadhyay Metro Service, enhancing access to Kolkata’s IT hub.

Key Highlights

• PM also inaugurated a newly constructed subway at Howrah Metro Station, ensuring multi-modal connectivity between Howrah, Sealdah, Eastern Railway and South Eastern Railway networks.
• The PM took a metro ride from Jessore Road to Jai Hind Bimanbandar and back, interacting with commuters during the journey.
• With these inaugurations, Kolkata Metro adds 14 km of new lines and 7 new stations, significantly enhancing Ease of Living and Ease of Travel for lakhs of commuters.
• India’s metro network has now crossed 1,000 km, compared to only 250 km before 2014, making it the world’s third-largest metro network.
• The PM also laid the foundation stone of the 7.2 km six-lane elevated Kona Expressway (worth ₹1,200 crore), which will:
  • Improve connectivity between Howrah, surrounding rural areas and Kolkata.
  • Strengthen port connectivity.
  • Boost trade, commerce and tourism by saving hours of travel time.
• West Bengal has now achieved 100% railway electrification, confirmed by the Prime Minister.
• Responding to a long-standing public demand, the Government of India introduced a Mainline Electric Multiple Unit (MEMU) train between Purulia and Howrah.
• Currently, 9 Vande Bharat Express trains and 2 Amrit Bharat trains are operating in West Bengal.
• Dignitaries present included Governor of West Bengal Dr. C.V. Ananda Bose, Union Ministers Shri Shantanu Thakur, Shri Ravneet Singh Bittu, Dr. Sukanta Majumdar, along with other senior officials.

About West Bengal:

• Chief Minister: Mamata Banerjee
• Governor: C. V. Ananda Bose
• Capital: Kolkata
• National Parks: Sundarbans National Park, Jaldapara National Park, Buxa National Park, Gorumara National Park, Neora Valley National Park
• Wildlife Sanctuaries: Sajnekhali Wildlife Sanctuary, Bibhutibhushan Wildlife Sanctuary, Bethuadahari Wildlife Sanctuary, Ballavpur Wildlife Sanctuary, Haliday Island Wildlife Sanctuary

RECENT NEWS

• West Bengal Chief Minister Mamata Banerjee launched the Shramshree Scheme, a first-of-its-kind state welfare initiative aimed at supporting Bengali migrant workers returning home after facing alleged linguistic discrimination and harassment in other states.

CURRENT AFFAIRS : INTERNATIONAL NEWS

India and Netherlands form Strategic Partnership on Water to boost bilateral cooperation

• India and the Netherlands have established a Strategic Partnership on Water (SWP) to enhance and expand bilateral cooperation.
• The partnership involves a wide range of stakeholders, including policy experts, academia, private companies, and knowledge institutes.
• A key component of the SWP is the creation of an Indo-Dutch Centre of Excellence (CoE) on Water. This center has been set up in collaboration with IIT Delhi and the Government of the Netherlands.
• The CoE’s focus areas include urban water and river management, AI and geospatial technologies, river dynamics modelling, water quality monitoring, and the river economy and finance.
• A total allocation of ₹36.23 crore has been made for the CoE for a period of 10 years. The National Mission for Clean Ganga released the first tranche of ₹5.98 crore in July 2025 to IIT Delhi for this purpose.

About Netherlands :

• Prime Minister : Dick Schoof
• Capital : Amsterdam

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Sudarshan Venu assumes leadership of TVS Motor from August 25

• Sudarshan Venu has taken over as the new Chairman and Managing Director of TVS Motor.
• He succeeded the former chairman, Ralf Speth, who stepped down on August 22, 2025.
• The transition officially took place on August 25, 2025, making Venu one of the youngest top executives of a major Indian automobile company at age 36.
• Venu is credited with playing a crucial role in the company’s transformation, particularly in the electric vehicle (EV)
• Under his leadership, TVS became the largest-selling EV player in April 2025 with the success of the TVS iQube, achieving sales of 600,000 units within five years of its launch.
• He also oversaw the acquisition of the iconic British brand Norton Motorcycles in 2020, which is a key part of the company’s global expansion strategy.
• Venu announced that Norton will be unveiling six new vehicles at the EICMA 2025 international motorcycle and accessories exhibition in Milan on November 4, which is expected to boost its financial performance.
• In a new role, Sir Ralf Speth will now serve as the Chief Mentor for TVS Motor for a three-year term starting August 23, 2025.

YES Bank extends Prashant Kumar’s term as MD & CEO for six months till April 5, 2026

• YES Bank has reappointed Prashant Kumar as its Managing Director & Chief Executive Officer (CEO) for a six-month extension, from October 6, 2025, to April 5, 2026.
• The approval was granted by the bank’s members at its 21st Annual General Meeting (AGM).
• Kumar was first appointed as the bank’s MD & CEO in March 2020 following the bank’s reconstruction and was reappointed for a three-year term in October 2022.
• His leadership is credited with a significant turnaround of the bank’s performance.
• Before joining YES Bank, Kumar served as the Deputy Managing Director & CFO at the State Bank of India (SBI).
• He had a career of more than three decades with SBI, starting as a probationary officer in 1983.

Board of Control for Cricket in India extends Ajit Agarkar’s tenure as Chief Selector of Senior Men’s Team till June 2026

• The Board of Control for Cricket in India (BCCI) has extended Ajit Agarkar’s contract as the Chief Selector of the Senior Men’s Selection Committee until June 2026.
• This extension signifies a vote of confidence in his leadership and vision.
• Since becoming chief selector in 2023, Agarkar has overseen a period of significant success for the Indian cricket team.
• His tenure includes a focus on talent scouting and team building, which led to:
• Reaching the final of the ODI World Cup in 2023.
• Winning the ICC T20 World Cup in 2024.
• Winning the ICC Champions Trophy in 2025.
• The current selection committee, led by Ajit Agarkar, also includes SS Das, Subroto Banerjee, Ajay Ratra, and S Sharath.

About BCCI :

• Founded : December 1, 1928
• Headquarters : Mumbai, Maharashtra, India
• President : Roger Binny

Vishwas Patel unanimously reappointed as chairperson of Payments Council of India

• The Payments Council of India (PCI), an organization representing the non-banking payments sector, has unanimously re-appointed Vishwas Patel, Joint MD of Infibeam Avenues Limited., as its chairperson.
• This appointment, along with the naming of two new co-chairpersons, is for the 2025–27 term.
• The new co-chairpersons are M.N. Srinivasu (Director, BillDesk) and Nalin Bansal (Chief of Corporate Fintech Relationships & Key Initiatives, NPCI).
• The PCI’s main goal is to promote the growth of the digital payments industry and advance India’s vision of becoming a “less-cash society” while also deepening financial inclusion.
• The council works in close cooperation with industry players and regulators to achieve these objectives.

United States President Donald Trump appoints close aide Sergio Gor as next US Ambassador to India

• United States (U.S.) President Donald Trump has announced his nomination of close aide Sergio Gor as the next U.S. Ambassador to India.
• Gor will also serve concurrently as Special Envoy for South and Central Asian Affairs, a new dual role that has been described as a first in recent diplomatic history.
• He will succeed Eric Garcetti, who served as ambassador from May 11, 2023, to January 20, 2025. Since Garcetti’s exit, Jorgan K. Andrews has been leading the U.S. Embassy in India as the interim Charge d’Affaires.
• The nomination must be confirmed by the U.S. Senate before Gor can assume the role.
• Gor is a longtime Trump loyalist and currently serves as the Director of the White House Presidential Personnel Office.
• In his current role, he is responsible for the vetting and hiring of senior personnel across the U.S. government.
• He co-founded Winning Team Publishing with Donald Trump Jr. and has published two of the president’s books.
• Gor’s nomination comes amid rising tensions between Washington and New Delhi, particularly regarding U.S. tariffs on Indian goods and India’s continued purchases of Russian oil.

CURRENT AFFAIRS : DEFENCE NEWS

Defence Research and Development Organisation successfully carries out first flight-tests of Integrated Air Defence Weapon System

• The Defence Research and Development Organisation (DRDO) has successfully conducted the maiden flight-tests of the Integrated Air Defence Weapon System (IADWS) off the coast of Odisha on August 23, 2025.

Key Features and Components

• The IADWS is a multi-layered, indigenous air defence system.
• It integrates three distinct weapon systems:
  1. Quick Reaction Surface to Air Missiles (QRSAM).
  2. Advanced Very Short Range Air Defence System (VSHORADS)
  3. A high-power, laser-based Directed Energy Weapon (DEW).
• The system’s operations are controlled by a Centralised Command and Control Centre developed by the Defence Research & Development Laboratory.
• The VSHORADS was developed by Research Centre Imarat (RCI), and the DEW was developed by the Centre for High Energy Systems and Sciences (CHESS).

Test and Performance

• During the test, the system successfully and simultaneously engaged and destroyed three different aerial targets: two high-speed fixed-wing Unmanned Aerial Vehicles (UAVs) and a multi-copter drone.
• The targets were destroyed at different ranges and altitudes, demonstrating the system’s comprehensive and multi-layered capability.
• All components, including the missile systems, drone detection & destruction system, and command & control system, performed flawlessly, as confirmed by instruments at the Integrated Test Range, Chandipur.

About DRDO:

• Founded: 1958
• Headquarters: New Delhi, India
• Parent Ministry: Ministry of Defence, Government of India
• Chairman: Dr. Samir V. Kamat

CURRENT AFFAIRS: SPORTS NEWS

Khelo India Water Sports Festival Concludes at Dal Lake

• The three-day Khelo India Water Sports Festival concluded at Dal Lake, Srinagar, Jammu & Kashmir.
• Madhya Pradesh emerged as the overall topper, winning 18 medals, including 10 Gold, 3 Silver, and 5 Bronze, and claimed the team championship.

Key Highlights

• Madhya Pradesh showcased dominance in kayaking and canoeing, winning all four gold medals available on the penultimate day and added six more gold medals on the final day.
• Odisha and Kerala benefited from SAI training centres in Jagatpur and Alappuzha, contributing athletes to the competition.
• A total of 21 Khelo India athletes, all from rowing, participated in the festival. They collectively won 2 Gold, 2 Silver, and 2 Bronze medals across 10 rowing events.
• The event was jointly organized by the Sports Authority of India (SAI) and the J&K Sports Council.
• The festival was designed as a celebration of Jammu & Kashmir’s culture, natural ecology, and water sports potential, promoting sports tourism and regional talent development.
• The festival also emphasized youth participation, grassroots talent identification, and integration of SAI training resources for optimal athlete performance.

NorthEast United FC Retains Durand Cup 2025

• NorthEast United FC defeated Diamond Harbour FC 6–1 in the final of the 134th Durand Cup at Vivekananda Yuba Bharati Krirangan, Kolkata.
• With this win, NorthEast United became the first team in 25 years to defend the Durand Cup title (last team in 2000).

Key Highlights:

• Goalscorers for NorthEast United:
  • Asheer Akhtar (30’)
  • Parthib Gogoi (45+1’)
  • Thoi Singh (50’)
  • Jairo (81’)
  • Andy (85’)
  • Alaaeddine Ajaraie (90+3’, penalty)
• Goal for Diamond Harbour FC: Jobby Justin (68’).
• Alaaeddine Ajaraie played a key role with 3 assists and 1 penalty goal.
• Durand Cup Facts:
  • Established in 1888 – Asia’s oldest football tournament.
  • Functions as a pre-season competition for Indian clubs with rich historical prestige.

India Sweeps Mixed Air Rifle Golds at Asian Shooting Championship

• India won all three gold medals in mixed air rifle events at the 16th Asian Shooting Championship in Shymkent, Kazakhstan.

Key Highlights

• Senior Mixed Team (10m Air Rifle): Elavenil Valarivan & Arjun Babuta defeated China’s Peng Xinlu & Lu Dingke 17-11; Elavenil’s second gold after winning the individual women’s 10m air rifle.
• Junior Mixed Team (10m Air Rifle): Shambhavi Kshirsagar & Naraen Pranav beat China’s Tang Huiqi & Han Yinan to win gold.
• Youth Mixed Team (10m Air Rifle): Ameerah Arshad & Ansh Dabas defeated Korea’s Kim Minseo & Shin Sungwoo in the final.
• India is leading the medal tally with 41 medals: 23 Gold, 8 Silver, 10 Bronze.

• Aishwary Pratap Singh Tomar won the gold medal in the 50-meter rifle three-position event at the 16th Asian Shooting Championship in Shymkent, Kazakhstan, scoring 5 points.
• Silver: China’s Wenyu Zhao (462 points)
• Bronze: Japan’s Naoya Okada (445.8 points)
• Indian men’s team comprising Aishwary Pratap Singh Tomar, Chain Singh, and Akhil Sheoran won silver in the 50-meter rifle three positions team event.
• Chikitha Taniparthi became the first Indian female compound archer to win the Individual Junior World Title at the World Youth Championships in Canada.

• Defeated Korea’s Yerin Park with a score of 142-136 in the compound Under-21 women’s gold medal match.

Sourav Ganguly Appointed Head Coach of Pretoria Capitals for SA20 2026

• Former India captain Sourav Ganguly has been appointed as Head Coach of Pretoria Capitals for the SA20 2026 season.
• This marks Ganguly’s first-ever coaching role in professional cricket.
• His appointment came a day after former England batter Jonathan Trott stepped down from the role.

Key Highlights

• Ganguly retired from international cricket in 2008 and later moved into administrative roles.
• He served as President of the Board of Control for Cricket in India (BCCI) and currently holds the position of Chair of the International Cricket Council (ICC) Men’s Cricket Committee.
• He is also the President of the Cricket Association of Bengal (CAB).
• In franchise cricket, Ganguly earlier worked as Director of Cricket for Delhi Capitals in the Indian Premier League (IPL) and was also mentor of DC in 2019, before leaving the role to take charge as BCCI president.
• As Head Coach of Pretoria Capitals, his first responsibility will be to select the best squad during the SA20 player auction on September 9, 2025.

Cheteshwar Pujara Retires from All Forms of Cricket

• Cheteshwar Pujara, one of India’s most reliable Test batsmen, retired from all forms of cricket.
• Born in Rajkot, Gujarat, he trained under his father and made his Test debut in 2010 against Australia.

Key Highlights

• Played 103 Tests, scored 7,195 runs with 19 centuries and a batting average of 43.60.
• Became India’s 8th highest run-scorer in Test history.
• Played a key role in India’s historic 2018–19 Test series win in Australia, scoring 521 runs, facing 1,258 balls, and hitting 3 centuries.
• Took over the crucial No.3 batting role from Rahul Dravid, averaging 49.38 vs Australia with 5 centuries.
• Faced more balls than Sunil Gavaskar, showing his patience and ability to bat long.
• Known as one of the last classical Test batsmen, focusing on resilience and wearing down bowlers instead of fast scoring.
• After retirement, he has also gained recognition as a cricket commentator with simple and insightful analysis.

CURRENT AFFAIRS: IMPORTANT DAYS

International Dog Day 2025 – August 26:

• International Dog Day is celebrated on August 26 every year.
• This day is celebrated all over the world to encourage people to adopt more dogs instead of buying them from pet shops.

History

• International Dog Day is celebrated to appreciate the love and value of the dog. This day is observed to celebrate all dogs, irrespective of their breed, shape, size, etc.
• The first International Dog Day was celebrated on 26 August 2004. Another good way of celebrating International Dog Day is by making a donation to an animal charity of your own choice.

Women’s Equality Day 2025 – August 26

• Women’s Equality Day is observed on August 26 every year to commemorate the right of women to vote in the United States.
• Several women’s organizations celebrate Women’s Equality Day 2025 all over the country and work hard to provide equal opportunities to women in education and employment.

History

• Before the civil war in the United States, the movement for women’s suffrage started.
• Most States in the U.S by the 1830s have extended voting rights from rich white male property owners to just white men regardless of how much property they owned.
• The observance of Women’s Equality Day not only commemorates the passage of the 19th Amendment but also calls attention to women’s continuing efforts toward full equality.
• During Women’s Equality Day the women of the United States are to be commended and supported in their organizations and activities.

Daily CA One- Liner: August 26

• The second National Space Day is being celebrated across India on 23rd August 2025.
• Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone of multiple development projects worth over ₹5,200 crore in Kolkata, West Bengal.
• The three-day Khelo India Water Sports Festival concluded at Dal Lake, Srinagar, Jammu & Kashmir
• NorthEast United FC defeated Diamond Harbour FC 6–1 in the final of the 134th Durand Cup at Vivekananda Yuba Bharati Krirangan, Kolkata
• India won all three gold medals in mixed air rifle events at the 16th Asian Shooting Championship in Shymkent, Kazakhstan
• Former India captain Sourav Ganguly has been appointed as Head Coach of Pretoria Capitals for the SA20 2026 season
• Cheteshwar Pujara, one of India’s most reliable Test batsmen, retired from all forms of cricket.
• The Unique Identification Authority of India (UIDAI) has implemented a new framework to onboard Cooperative Banks to provide Aadhaar-based authentication services
• South Indian Bank (SIB), a private-sector bank headquartered in Thrissur, Kerala, has launched a new gold loan product called SIB Gold Xpress.
• Bandhan Bank has launched the Legacy Savings Account, a new premium product for its affluent customers.
• The Reserve Bank of India (RBI) is reviewing its flexible inflation targeting (FIT) framework, a process required by law ahead of its next five-year term starting in March 2026.
• The Reserve Bank of India (RBI) imposed a monetary penalty of ₹1 lakh on Ayodhya Finlease Limited.
• India and the Netherlands have established a Strategic Partnership on Water (SWP) to enhance and expand bilateral cooperation.
• Sudarshan Venu has taken over as the new Chairman and Managing Director of TVS Motor.
• YES Bank has reappointed Prashant Kumar as its Managing Director & Chief Executive Officer (CEO) for a six-month extension, from October 6, 2025, to April 5, 2026.
• The Board of Control for Cricket in India (BCCI) has extended Ajit Agarkar’s contract as the Chief Selector of the Senior Men’s Selection Committee until June 2026.
• The Payments Council of India (PCI), an organization representing the non-banking payments sector, has unanimously re-appointed Vishwas Patel, Joint MD of Infibeam Avenues Limited., as its chairperson.
• United States (U.S.) President Donald Trump has announced his nomination of close aide Sergio Gor as the next U.S. Ambassador to India.
• The Defence Research and Development Organisation (DRDO) has successfully conducted the maiden flight-tests of the Integrated Air Defence Weapon System (IADWS) off the coast of Odisha on August 23, 2025.
• International Dog Day is celebrated on August 26 every year.
• Women’s Equality Day is observed on August 26 every year to commemorate the right of women to vote in the United States