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29 August 2026· Today· 30 facts
India ranks 4th globally in forex reserves; $729B all-time high driven by FCNR(B) surge
Forex reserves comprise FCA (largest), Gold, SDRs, and RTP; import cover now 11+ months
FCNR(B) deposits reflect NRI confidence; RBI uses reserves for rupee stabilization and external buffer
Article 217 governs High Court judge appointments; Article 223 enables Acting CJ appointments during vacancies
Memorandum of Procedure (MoP) provides guidelines but lacks explicit clarity on Acting CJ recommendation authority
SC Collegium comprises CJI and senior Supreme Court judges with final approval power
FSSAI operates under Food Safety & Standards Act, 2006, as autonomous body under Ministry of Health & Family Welfare
HFSS labeling balances consumer rights with industry concerns; 450 million Indians risk obesity by 2050 without intervention
Front-of-pack red pictorial warnings trigger immediate consumer awareness at point-of-purchase
NDRF operates under Home Ministry; cross-border deployment requires formal government request
Over 570 deaths in Nepal, 320+ Indians missing—largest contemporary humanitarian crisis in region
Flash floods damaged Nepal's hydroelectric facilities exporting power to India, affecting bilateral energy security
G20 Finance Track addresses macroeconomic stability, international taxation, and sovereign debt vulnerabilities—India's flagship multilateral platform
Javelin is fire-and-forget ATGM with top-attack profile designed for tank roof penetration
Co-production and technology transfer elements under India-US Defence Industrial Cooperation Roadmap
Supplements domestic Nag and MPATGM systems for high-altitude Himalayan deployment
CISF established 1968 under Central Industrial Security Force Act; unique CAPF providing private-sector security
NTA established 2017 under Ministry of Education; conducts NEET, JEE, CUET examinations
Nilekali Task Force focuses on question paper security, digital encryption, biometric authorization, and cyber security protocols
Deadline for public submissions: September 13; reforms emphasize paperless, technologically-secure workflows
Bihar eliminated "fail" label, replacing it with "eligible for skills" — aligns NEP 2020's competency-based evaluation.
Diverts underperforming students to vocational training, not academic dead-ends.
Addresses student agitations and psychological trauma from traditional punitive assessment systems.
FDI strategy targets green energy, semiconductors, and DPI—sectors aligned with India's development model
India leverages G20 presidency to institutionalize Global South priorities in MDB reforms and equitable economic frameworks
Strait of Hormuz carries ~20% of global daily petroleum consumption—the world's most critical energy chokepoint.
Venezuela holds 300+ billion barrels proven reserves (world's largest) but production collapsed due to sanctions and mismanagement.
India imports 85% crude oil, making Hormuz disruptions existential threats to fiscal stability.
Counter-UAV systems include radar, RF jammers, soft-kill guns, hard-kill interception mechanisms
Drone Rules 2021 governs civilian drone operations; enforcement responsibility fragmented