Jayakrishnan EduTips Daily Digest (6 August 2026)
🇮🇳 National
The Lok Sabha passed the Bankers’ Books Evidence Bill, 2026, replacing a colonial-era law to recognize digital and virtual records as admissible court evidence.
The Supreme Court Judges (Amendment) Bill, 2026 was introduced in the Rajya Sabha to increase the sanctioned strength of Supreme Court judges to tackle pending cases.
Foreign Secretary Vikram Misri paid an official visit to Sri Lanka to strengthen bilateral ties and support dengue control efforts by handing over 500 litres of Technical Malathion.
🌍 International
The US state of Massachusetts and the city of Boston officially declared 15 August as 'India Day' to acknowledge the contributions of the Indian diaspora.
Bangladesh opened the July Mass Uprising Memorial Museum at Ganabhaban (the former official residence of Sheikh Hasina) to preserve the history of the 2024 student-led movement.
💰 Economy
The Reserve Bank of India's Monetary Policy Committee (MPC) kept the key policy repo rate unchanged at 5.25%, maintaining a 'neutral' policy stance.
The RBI announced plans to launch a pilot project introducing ₹10 and ₹20 plastic banknotes starting from the next financial year to improve currency durability.
IIM Kozhikode launched a state-of-the-art Bloomberg Finance Lab to enhance hands-on financial market analytics training for students.
🗓 Date’s importance
Hiroshima Day (6 August): Observed globally to commemorate the victims of the atomic bombing of Hiroshima in 1945 and to advocate peace and nuclear disarmament.
👱♂👩🦳 Person of the day
T V Somanathan: Cabinet Secretary of India, whose tenure was officially extended by one year by the Central Government.
🏅 Sports
Indian Chess Grandmaster R Praggnanandhaa secured the top position in the rapid section of the St. Louis Rapid and Blitz tournament.
🏆 Awards
Massachusetts State Proclamation Award: Granted to the Indian American community by Governor Maura Healey, recognizing leadership across trade, healthcare, and public service.
⭐️ Other important significance
The Ministry of Finance allowed payment service providers to charge a Merchant Discount Rate (MDR) on large businesses with annual turnovers exceeding ₹50 crore for UPI and RuPay debit card transactions.
📚 Word of the day
Admissible (Adjective) * Meaning: Acceptable or valid as evidence in a court of law.
Example: The new bill ensures that digital banking records are fully admissible during judicial proceedings.