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Published on Aug 7, 2026
Current Affairs
EduTips Daily CA Bullet Points (7th August 2026)
EduTips Daily CA Bullet Points (7th August 2026)

🇮🇳National

  • India's 101st Ramsar Site: Glaw Lake in Arunachal Pradesh has been officially designated as India’s 101st Ramsar Site (Wetland of International Importance), marking the first-ever Ramsar designation for the state.

 

  • Nasha Mukt Yuva Campaign: Prime Minister Narendra Modi launched the 100-week-long nationwide ‘Nasha Mukt Yuva for Viksit Bharat Sankalp Abhiyan’ to mobilise youth against substance abuse.

 

  • Defence Tech MoU: Bharat Electronics Limited (BEL) signed a Memorandum of Understanding (MoU) with Esri India to develop advanced GIS, Location Intelligence, and GeoAI solutions for defence applications.

 

🌍International

  • Nauru Renamed: The Pacific island country of Nauru officially changed its national name to the Republic of Naoero to reflect its traditional language and indigenous cultural identity.

 

  • Massachusetts Proclamation: The US state of Massachusetts declared 15th August as ‘India Day’ to recognise the significant contributions of the Indian-American diaspora across healthcare, education, and public service.

 

💰Economy

  • Plastic Banknotes Pilot: The Reserve Bank of India (RBI) announced plans to introduce ₹10 and ₹20 plastic polymer banknotes from the upcoming financial year as part of a pilot project to extend currency lifespan.

 

  • Specialised Banking Products: HDFC Bank launched two customized savings account variants, ‘Max for Seniors’ and ‘Max for Her’, offering tailored financial benefits to senior citizens and women.

 

🗓Date’s importance

  • 12th National Handloom Day: Celebrated across India on 7th August to honour the handloom weaving community and acknowledge their immense role in preserving India's cultural heritage and rural economy.

 

👱‍♂👩‍🦳Person of the day

  • Satish Gujral: The Department of Posts unveiled a ₹5 commemorative postage stamp on the birth centenary of the legendary painter, sculptor, architect, and Padma Vibhushan awardee Satish Gujral.

 

🏅Sports

  • Maiden Gold in Squash: Suraj Kumar Chand created history by winning India’s first-ever gold medal at the FISU World University Squash Championships 2026 in Mumbai, defeating Hungary’s Benedek Takács in the men’s singles final.

 

🏆Awards

  • FISU World University Championship Titles: Suraj Kumar Chand secured the Gold medal in the Men's Singles event, while Spain's Marta Domínguez claimed the Gold medal in the Women's Singles category at the World University Squash Championships.

 

Other important significance

  • Historical Swadeshi Movement (1905): On 7th August 1905, the Swadeshi Movement was formally proclaimed at the Calcutta Town Hall to boycott foreign goods and encourage indigenous industry, which serves as the historic base for observing National Handloom Day.

 

📚Word of the day

  • Ubiquitous (Adjective): Present, appearing, or found everywhere.



  • Context Usage: Modern digital payment systems have become ubiquitous across urban and rural markets in India.