Daily Current Affairs Analysis

August 04, 2026 Indian Economy

India's Private Capex Revival

India's private capex cycle is witnessing a structural revival , driven by rising capacity utilisation, healthier corporate balance sheets, robust industrial credit growth, government-led crowding-in, and policy support such as the PLI Scheme and PM Gati Shakti , shifting growth towards manufacturing and infrastructure-led expansion.

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August 04, 2026 Facts for UPSC Mains

Indian Rupee: From Overvaluation to Undervaluation

The Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that the Indian rupee is "undervalued" in both nominal and Real Effective Exchange Rate (REER) terms, despite a nearly 5.8% depreciation against the US dollar in 2026.

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August 04, 2026 Facts for UPSC Mains

India’s Solar Growth Enters a New Era

India’s installed solar power capacity has expanded more than fiftyfold, from about 3 GW in 2014 to 162.15 GW as of June 30, 2026, making solar power the largest component of the country’s renewable energy capacity.

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August 04, 2026 Rapid Fire

150th Birth Anniversary of Pingali Venkayya

The Prime Minister paid tributes to Pingali Venkayya on his 150 th birth anniversary (2 nd August) , commemorating his invaluable contribution as the designer of India's National Flag (Tiranga) and highlighting its enduring role in inspiring patriotism and nation-building.

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August 04, 2026 Place In News

Shipki La Pass

Cross-border trade between India and China through Shipki La Pas s resumed on 1st August 2026, after a six-year suspension due to the Covid-19 pandemic .

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August 04, 2026 Rapid Fire

India’s 1st Comprehensive Catalogue of Lepidoptera

The Zoological Survey of India has completed India’s first comprehensive Catalogue of Lepidoptera, covering butterflies and moths, after more than 12 years of research.

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August 04, 2026 Rapid Fire

Leptospirosis in Kerala

Kerala faces a high disease and mortality burden from leptospirosis , particularly during the monsoon and post-monsoon periods.

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