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07th August, 2026

Electric Seaplane, Pawan Hans, Third-Party Insurance, Motor Insurance, Bajaj General Insurance, Swiss Re, ACC Foreign Postings, IMF ADB, Justice Liberhan, National Javelin Day, Tamil Nadu Budget, TVK Government, Agni-4 Missile, Odisha Test, Gaganyaan Mission, ISRO, Praggnanandhaa, Saint Louis Chess

  1. Pawan Hans and Norway’s Noemi Aerospace Sign MoU to Explore Electric Seaplane Technology
  2. Ministry of Road Transport and Highways Extends Mandatory Third-Party Motor Insurance Cover for New Cars and Two-Wheelers by One Year
  3. Bajaj General Insurance Partners with Swiss Re Corporate Solutions to Expand Commercial Insurance Offerings
  4. Appointments Committee of the Cabinet (ACC) Approves Key Foreign Postings of Senior Bureaucrats to the IMF, ADB, and Other Global Institutions
  5. Justice Manmohan Singh Liberhan Passes Away at the Age of 87
  6. National Javelin Day 2026 – August 7
  7. Tamil Nadu Finance Minister N. Marie Wilson Presents the TVK Government’s First State Budget for FY27
  8. India Successfully Test-Fires Agni-4 Intermediate-Range Ballistic Missile from Odisha
  9. ISRO Announces Major Milestones for the Gaganyaan Mission; First Uncrewed Flight Targeted for Q4 2026
  10. R. Praggnanandhaa Wins the Saint Louis Rapid & Blitz 2026 Chess Tournament
  11. India Medical Device 2026 to Focus on Making India a Global Medical Devices Hub
  12. New Images of Sun Reveal Its Strange, Dynamic Facade

Table of Content

National News

Supreme Court Extends Mandatory Vehicle Third Party Insurance Coverage

  • What: The Supreme Court of India (SC) extended mandatory third-party motor insurance coverage by one year, making four years required for new cars and six years for new two-wheelers at registration to protect accident victims.
  • Tell me more:
    • SC increased coverage from three years for cars and five years for two-wheelers due to uninsured vehicles on Indian roads.
    • SC proposed a mechanism to deny fuel at petrol pumps to uninsured vehicles.
    • State police must file Detailed Accident Reports (DAR) with First Information Reports (FIR), medical reports, and insurance documents to Motor Accident Claims Tribunals (MACT).
    • Police authorities must ensure timely service of notices and production of witnesses to clear compensation cases for accidents before March 31, 2022.
    • Vehicle owners can purchase standalone own damage policies co-terminus with long-term third-party policies from any insurer to convert to comprehensive protection.

9th edition of India Medical Device Conference-cum-Exhibition 2026 in New Delhi

  • What: The Department of Pharmaceuticals, in collaboration with FICCI, is organising the 9th edition of India Medical Device 2026 on August 7–8, 2026, at Vigyan Bhawan, New Delhi.
  • Tell me more:
    • The event’s theme is “Towards Viksit Bharat: Advancing India as a Global Hub for Quality Medical Devices.”
    • Union Minister Jagat Prakash Nadda will be the Chief Guest for the ministerial session on August 8.

State News

Tamil Nadu Government Unveils First Revised Budget 2026–27

  • What: Finance Minister N. Marie Wilson presented the first revised Budget 2026–27 of the Tamilaga Vettri Kazhagam (TVK) Government, focusing on welfare, education, infrastructure, and human capital despite fiscal constraints.
  • Tell me more:
    • School education received priority through the Super Clean Super Campus scheme for 10,000 schools and the ₹2,132-crore Palli Niraivu Thittam for infrastructure upgrades.
    • Higher education initiatives include the Vetri Laptop Scheme, TN-SUDAR integrated hostels with one lakh beds, and expanded Artificial Intelligence (AI) and Machine Learning (ML) courses.
    • Youth and sports initiatives include the Vetri Skill Training Scheme, AI Industry Development Programme, and 10 Olympic Centres of Excellence.

Banking and Economy

Bajaj General Insurance Partners with Swiss Re

  • What: Bajaj General Insurance signed a Memorandum of Understanding (MoU) with Swiss Re Corporate Solutions to explore a commercial insurance partnership in India.
  • Tell me more:
    • The proposed partnership will leverage Swiss Re Corporate Solutions’ International Programs platform to develop customized commercial insurance solutions.
    • It will focus on high-tech and manufacturing sectors while providing international insurance coverage for Indian companies operating overseas.
    • Swiss Re Group, headquartered in Zurich, Switzerland, operates through around 70 offices worldwide, including Mumbai, Bengaluru, and Hyderabad.

Defence News

India Successfully Test-Fires Agni-4 Ballistic Missile

  • What: India successfully test-fired the Agni-4 medium-range surface-to-surface ballistic missile from the Integrated Test Range (ITR) at Chandipur, Odisha, under the Strategic Forces Command (SFC).
  • Tell me more:
    • The Strategic Forces Command (SFC) conducted the test to validate the missile’s key technologies, operational readiness, and long-range precision strike capability.
    • Agni-4 is a nuclear-capable ballistic missile with an operational range of 3,500–4,000 km.
    • DRDO Chairman – Rajesh Kumar Singh

Science and Technology

India Achieves Key Milestones for Gaganyaan Space Mission

  • What: Union Minister Dr. Jitendra Singh informed Parliament about key technical developments in Gaganyaan, India’s maiden human spaceflight mission, which successfully completed critical launch vehicle and safety stage ground testing procedures.
  • Tell me more:
    • The Indian Space Research Organisation (ISRO) completed ground testing for the Human Rated Launch Vehicle (HLVM3) and qualified five motor types of the Crew Escape System (CES).
    • The first uncrewed mission carrying the Vyommitra half-humanoid will launch in late 2026, followed by two additional uncrewed flights targeted by 2027 before the human mission.
    • ISRO finalized the five-module configuration for the Bharatiya Antariksh Station (BAS), with the Government approving the development and launch of the first module, BAS-01.
    • The Union Cabinet approved a budgetary allocation of ₹20,193 crore in September 2024 to support eight human spaceflight missions under the overall space exploration roadmap.
    • India selected four Indian Air Force test pilots—Group Captains Prashanth Balakrishnan Nair, Ajit Krishnan, Angad Pratap, and Shubhanshu Shukla—as astronaut-designates for the Gaganyaan human spaceflight mission.

New Images of Sun Reveal Its Strange, Dynamic Facade

  • What: Scientists have captured the highest-resolution images yet of the Sun’s surface using the Daniel K. Inouye Solar Telescope in Hawaii.
  • Tell me more:
    • Originally taken to test the telescope’s capabilities, the images revealed intricate feather-like patterns and ripples caused by magnetised plasma moving at different speeds.
    • The findings are expected to improve scientists’ understanding of solar activity and fluid motion.

Important Days

National Javelin Day 2026 – August 7

Sports

R Praggnanandhaa Wins Saint Louis Rapid & Blitz Title

  • Indian Grandmaster (GM) R Praggnanandhaa won his maiden Saint Louis Rapid & Blitz title with 23.5 points, clinching the championship with one round to spare.
  • Venue: Saint Louis Chess Club, located in St. Louis, Missouri, United States

Memorandum of Understanding

Pawan Hans Signs MoU To Explore Electric Seaplanes

  • What: Pawan Hans Limited (PHL) signed a Non-Binding Memorandum of Understanding (MoU) with Noemi Aerospace, Norway to explore opportunities for collaboration in sustainable aviation technologies, including electric seaplane solutions.
  • Tell me more:
    • Chairman and Managing Director of Pawan Hans, Sunil Kumar Nagdawne, signed the agreement alongside CEO of Noemi, Eric François Lithun.
    • The initiative explores electric seaplane technology to boost green aviation, regional connectivity, and indigenous manufacturing.

Appointments

Government Approves Key Foreign Postings for Senior Bureaucrats

  • What: The Government of India approved key foreign postings and deputation extensions for senior bureaucrats in international organisations, including the International Monetary Fund (IMF), World Bank, and Asian Development Bank (ADB).
  • Tell me more:
    • Joint Secretary Satyajit Mohanty was appointed India’s Representative to the Council of the International Civil Aviation Organization (ICAO) in Montreal, Canada, for a three-year term.
    • Joint Secretary Rahul Jain was appointed Senior Adviser to the Executive Director (India) at the IMF, while Joint Secretary Baldeo Purushartha was appointed Senior Adviser at th ADB in Manila.
    • The foreign deputation of Hemang Jani as Senior Adviser to the Executive Director at the World Bank was extended by two years until 16 July 2029.
    • Other appointments include postings to the Permanent Mission of India (PMI) at the World Trade Organization (WTO), the South Asian Association for Regional Cooperation (SAARC) Secretariat, and diplomatic missions in Washington, Tokyo, and Rome.

Miscellaneous

Former Chief Justice Manmohan Singh Liberhan Passes Away

  • What: Former Chief Justice Manmohan Singh Liberhan, who headed the one-man Liberhan Commission investigating the Babri Masjid demolition in Ayodhya, passed away in Chandigarh at the age of 87.
  • Tell me more:
    • The Central Government appointed him on December 16, 1992, to head the one-man commission to probe the events leading to the Babri Masjid demolition.
    • The Liberhan Commission became one of the longestrunning inquiry commissions in Indian history.

CEO of Anujjindal.in

About Anuj Jindal

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Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 5 years of experience in the field of Education.

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