Current Affairs 23 & 24 August 2026

Union Minister Sarbananda Sonowal Inaugurates 7 Projects worth Rs.427.80 Crore at Paradip Port in Odisha

 Union Minister Sarbananda Sonowal, Ministry of Ports, Shipping and Waterways (MoPSW), inaugurated seven major infrastructure projects valued at Rs 427.80 crore at Paradip Port Authority (PPA) in Paradip, Odisha.

DGFT Eased Rupee invoicing rules for exporters under FTP

Directorate General of Foreign Trade (DGFT) which works under the Ministry of Commerce and Industry (MoCI), eased rules for rupee-based export transactions, providing Indian exporters greater flexibility to invoice overseas sales and receive payments in Indian Rupee (INR) or foreign currencies.

VP C. P. Radhakrishnan Inaugurates ‘MALHAR 2026’ in New Delhi

Vice President (VP) of India C. P. Radhakrishnan inaugurated ‘MALHAR 2026’, a youth-centric monsoon-themed celebration of Indian classical music, organised by Antar Hriday Connect in New Delhi, Delhi.

MYAS to Establish National Coach Accreditation Board to Standardise Coaching in India

Ministry of Youth Affairs and Sports (MYAS) announced plans to establish a National Coach Accreditation Board (NCAB) to standardise coaching quality and enhance India’s sports ecosystem, as recommended by a task force led by Pullela Gopichand.

MoRD Launches National Campaign on Entrepreneurship-II Under DAY-NRLM 

Ministry of Rural Development (MoRD) launched the National Campaign on Entrepreneurship-II under the Deendayal Antyodaya Yojana–National Rural Livelihoods Mission (DAY-NRLM) for three months from 21 August to 21 November 2026 to promote rural women entrepreneurship and support the vision of creating 6 crore Lakhpati Didis.

India-Singapore Strengthen Partnership in Semiconductors, Digital Payments & Green Energy 

India and Singapore reinforced their Comprehensive Strategic Partnership (CSP) during the 4th India–Singapore Ministerial Roundtable (ISMR) held in Singapore by expanding cooperation across sectors such as semiconductors, digital connectivity, fintech, healthcare, green economy, food security, and advanced manufacturing.

India Signed Two Key Agreements with Mauritius, including 5-year Petroleum Supply Pact inked by Indian Oil

Government of India (GoI) signed two key agreements, including a Government-to-Government (G2G) Memorandum of Understanding (MoU) on oil and gas cooperation; and petrol supply agreement, with the Government of Mauritius, aimed at strengthening energy cooperation between the two countries.

ADB Approves USD 230 Million for Chennai Water Supply Upgrade; Rs.1,750 Crore Loan to Karnataka

Government of India (GoI) and Asian Development Bank (ADB) signed a USD 230 million (Mnloan agreement to modernise and expand water supply and sanitation across Chennai, TamilNadu (TN).

  • Also, the ADB and Karnataka government signed a loan agreement Rs 1,750 crore (Cr) to fund the upgradation of government schools.

Razorpay Introduces Multi-Currency EEFC Settlement Facility for Exporters 

Razorpay, an omnichannel payments platform for businesses, Introduced the Multi-Currency Exchange Earners’ Foreign Currency (EEFC) Account to enable exporters and international businesses to retain earnings in foreign currencies and manage global payments efficiently without immediate conversion into Indian Rupees (INR).

  • The solution aims to help exporters reduce foreign exchange (forex/FX) conversion costs and gain greater control over their international earnings

Cochin Shipyard Limited Delivered INS Mangrol, 3rd ASW-SWC to IN

Cochin Shipyard Limited (CSL) successfully delivered Indian Naval Ship (INS) Mangrol, the 3rd of the 8th indigenously built Anti-Submarine Warfare Shallow Water Crafts (ASW-SWCs), to the Indian Navy (IN) at its Kochi facility (in Kerala).

Indian defence Start-up D-Propulse Successfully Demonstrated India’s first indigenous 5 kN air-breathing RDE

Indian defence propulsion startup D-Propulse Aerospace Pvt. Ltd. successfully demonstrated India’s 1st indigenously developed 5 kilo-Newton (kN) air-breathing Rotating Detonation Engine (RDE) integrated with an aerospike nozzle at Defence Development Research Organisation (DRDO) test facility (Hyderabad, Telangana),  achieving  a significant milestone in the country’s advanced propulsion capabilities by validating Technology Readiness Level-5 (TRL-5).

Legendary Actress Padma Shri Sowcar Janaki Passed Away at 94

 Veteran Indian actress Sankaramanchi Janaki, popularly known as “Sowcar Janaki“, passed away at the age of 94 in Chennai, Tamil Nadu (TN). Born on 12 December 1931 in Rajahmundry, Andhra Pradesh (AP), she was widely recognised for her versatility and portrayal of diverse characters across multiple languages.

  • In 2022, Janaki was conferred with Padma Shri, the fourth-highest civilian award of India from the Government of India (GoI) in the field of Art for her contributions to Indian cinema.

Former Congress MP Sajjan Kumar, former Congress MP Convicted in 1984 Anti-Sikh  Riots, Passed Away

Indian National Congress (INC)Member of Parliament (MP) Sajjan Kumar, who was convicted in the 1984 anti-Sikh riots, passed away at the age of 80 in New Delhi, Delhi. He was born on September 23, 1945 in Delhi.

International Day Commemorating the Victims of Acts of Violence Based on Religion or Belief 2026  – August 22

The United Nations (UN) observes the International Day Commemorating the Victims of Acts of Violence Based on Religion or Belief on 22 August each year to condemn violence and terrorism against individuals targeted for their religion or beliefs.

Himachal Pradesh Sign MoU With ISB to Unlock Rs.22,600 Crore Forest Economy Potential

Himachal Pradesh (HPForest Department signed a five-year Memorandum of Understanding (MoU) with the Bharti Institute of Public Policy, Indian School of Business (ISB-BIPP) to unlock the state’s estimated Rs. 22,600 crore untapped forest and pastoral economy potential through science and technology-enabled governance.

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