Prevention of Money Laundering Act, 2002
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Current affairs26th SCO Summit Bishkek 2026: Bishkek Declaration, English as Official Language, and India's Priorities Under PM ModiThe 26th Shanghai Cooperation Organisation (SCO) Summit was held in Bishkek, Kyrgyzstan on August 31–September 1, 2026. Prime Minister Narendra Modi attended, signed the Bishkek Declaration alongside 13 key outcome agreements, and advanced India's three-pillar agenda of Security, Connectivity, and Opportunity. English was recognised as an official SCO working language for the first time. Current affairsPRAHAAR: India's First National Counter-Terrorism Policy and Strategy — A Whole-of-Government FrameworkThe Ministry of Home Affairs released PRAHAAR — India's first comprehensive National Counter-Terrorism Policy and Strategy — on 23 February 2026. The eight-page doctrine integrates counter-terrorism, counter-radicalization, cybersecurity, and coordinated response under a "whole-of-government" and "whole-of-society" framework anchored in the UAPA, PMLA, and the Bharatiya Nyaya Sanhita. Current affairsEnforcement Directorate Director Rahul Navin Gets One-Year Tenure Extension: Governance and PMLA ImplicationsThe Appointments Committee of the Cabinet (ACC) has approved a one-year extension in the tenure of Enforcement Directorate (ED) Director Rahul Navin, extending his term from 13 August 2026 to 13 August 2027. The extension also allows Navin to continue in service beyond his superannuation date of 31 July 2027, or until further orders, whichever is earlier. Current affairsUPI Hits Record 23.66 Billion Transactions in July 2026 — ₹29.88 Lakh Crore in ValueIndia's Unified Payments Interface (UPI) processed a record 23.66 billion transactions worth ₹29.88 lakh crore in July 2026, according to data released by the National Payments Corporation of India (NPCI). This surpassed the previous monthly volume record of 23.20 billion set in May 2026. Transaction volume grew 22% year-on-year and 4.1% month-on-month, without any major festival or quarter-end activity to drive the surge.