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Gold and silver rates on the MCX climbed on Wednesday (5 August) morning. Prices moved up as the US dollar and crude oil prices fell. Many investors now watch the RBI MPC policy decision today. Markets remain busy as everyone waits to see how the central bank handles the current economy.
The Lok Sabha on Wednesday, August 5, 2026, will take up The Bankers' Books Evidence Bill, 2026 and The Taxation and Other Laws (Amendment) Bill, 2026. Finance Minister Nirmala Sitharaman will move the banking bill to update digital practices. Meanwhile, Congress MP Manish Tewari sought a discussion on anti-defection laws today.
Rahul Gandhi said students need an apology from PM Modi, not forgiveness. Speaking at a book launch, he claimed the country is going through strange times. He said, "The students are on the streets and are in severe pain." He blamed the RSS for attempts to rewrite India's history.
Pathanamthitta will be the pilot location for an advanced disaster resilience system after four days of devastating floods, Chief Minister V D Satheesan said on Tuesday. The government plans to install rain gauges and early warning tools. Officials also promised Rs 10,000 to every flood-affected household for cleaning their homes.
The Centre told the Supreme Court that a two-stage NEET-UG model is under consideration. Officials are looking at shifting to computer-based testing to improve the exam process. A high-powered task force will weigh security and technology before any final decision. The court is scheduled to hear the matter August 6.
Yogi Adityanath said no sadhu had involvement in the Ram temple donation theft. He targeted the SP and Congress for raising this sub judice matter in the UP assembly. He said, “Those who have raised questions about the existence of Lord Ram and Lord Krishna are today talking about faith.”
Lawyer Smriti Singh withdrew complaints against a 15-year-old girl and others for abusive remarks against PM Narendra Modi. The cases were dropped after the teenagers posted apology videos. Singh said, "Since the prime minister forgave them, I also do not want to pursue the matter further." The matter is closed.
An India-flagged cargo vessel, MSV Faize Noore Oliya, sank in the Red Sea on Tuesday after being hit off the coast of Yemen. The government said all 13 Indian nationals on board got rescued safely. Officials condemned the attack, noting that the safety of our people is our supreme priority.
Two firefighters died and three got injured after a wall collapsed during a fire rescue operation at ILJIN Electronics in Greater Noida on 3am. Officials said, "At around 4.15am, while cooling operations were underway, a first-floor wall along with an iron beam suddenly collapsed outward onto a team."
India will have 40.7 crore people aged 14 to 29 by 2026, giving it the world's largest Gen Z population. As these young people focus on jobs and education, political parties will find it hard to ignore them. By the 2029 elections, this group will become a major voting force.
The Supreme Court on Tuesday ordered the RBI to frame a standard operating procedure for mule accounts within four weeks. This move aims to stop digital arrest scams. The court noted that cyber fraud complaints fell significantly since 2024. Officials must now speed up fund recovery and boost public awareness.
Massachusetts Governor Maura Healey declared August 15 as India Day to honour the Indian diaspora’s contributions. Boston Mayor Michelle Wu also issued a similar proclamation. The state recognised how Indian-Americans help the community through medicine, science, and business. These celebrations highlight India’s rich culture and its role as a democracy.