23 daily compilations, 563 items across 23 topics — Misc GA weighed the most. Read the charts first: they tell you where this month's questions will come from.
23
daily compilations
563
items covered
23
topics
19
data tables
Items by topic
Items per day
Darker = a heavier day. Two-day posts are split across their days.
Where the items sat
NABARD-specific 129 (23%)RBI-specific 64 (11%)Common to both 370 (66%)
Most mentioned this month
How many items each name appeared in. Know these cold.
New Delhi 29RBI 21GDP 11Tamil Nadu 11Uttar Pradesh 11RES 10UPI 10General Assembly 10Asian Games 10Indian Army 9Sri Lanka 9Indian Navy 8Indian Air Force 8UAE 8R&D 7Madhya Pradesh 7
By the numbers
₹20,050 crore
Launched in 2020 with an outlay of ₹20,050 crore, it aims to promote sustainable and responsible fisheries development.
PM Matsya Sampada Yojana Completes Six Years · 15 September 2026
₹25,000
The Expenditure Finance Committee cleared the hike to ₹25,000 in June 2026
The EPFO Wage Ceiling · 19 September 2026
3%
The IMF's latest SSBIG report estimates medium-term G20 growth at only 3%, close to its weakest level since the frame…
IMF G20 Report on Strong, Sustainable, Balanced and Inclusive Growth · 8 September 2026
64.5%
Global Gender Gap Index 2026: India ranked 131st, with 64.5% parity.
UN Gender Snapshot 2026 · 25 & 26 September 2026
7.1%
The OECD Economic Outlook, Interim Report September 2026 raised India's FY27 GDP growth forecast to 7.1%, from 6.3% p…
OECD Raises India's FY27 GDP Growth Forecast to 7.1% · 29 September 2026
8%
India's Index of Industrial Production (IIP) grew 8% in August 2026, up from 7.35% in July 2026.
Industrial Growth Rises to 8% in August 2026 · 29 September 2026
₹6,003.65 crore
NQM has an outlay of ₹6,003.65 crore for 2023–24 to 2030–31.
IISc Establishes FQCI under National Quantum Mission · 2 September 2026
Context A study identified 219 hanging glaciers in Uttarakhand's Alaknanda basin, warning that warming and permafrost thaw are increasing break-off risks — potentially triggering ice-rock avalanches and outburst floods.
What a Hanging Glacier Is
A glacier that originates high on a mountain wall or valley flank
And terminates abruptly at the edge of a steep precipice or cliff face
Rather than flowing down into a main valley floor
Its snout ends high above the valley trough
Routinely shedding ice through calving, icefalls and avalanches
Where They Are Found
Globally: high-relief alpine environments — the European Alps, the Andes, the North American Rockies, and the Himalaya-Karakoram range
In India: heavily concentrated along the steep, glaciated slopes of:
Garhwal and Kumaon Himalayas (Uttarakhand)
Himachal Pradesh
Ladakh
Sikkim
How They Form — Three Processes
High-altitude accumulation: Heavy snowfall collects in steep niches, ledges and cirques → compacts into firn → glacial ice.
Glacial retreat: Warming causes trunk/valley glaciers to thin and retreat, disconnecting smaller tributary glaciers → leaving them perched high on mountain walls.
Thermal destabilisation: Rising temperatures thaw permafrost and basal ice, producing meltwater that lubricates the glacier–bedrock interface → making hanging glaciers unstable and prone to collapse.
2. NCDEX Launches RAINCHNNAI Weather Derivative
NCDEX launched RAINCHNNAI, India’s second rainfall-based weather derivatives contract.
It covers the North-East/retreating monsoon during September–December.
Uses IMD stations at Meenambakkam and Nungambakkam in Chennai.
3. ICAR-IIOR National Consultation on Oilseed Technology
ICAR–Indian Institute of Oilseeds Research (ICAR-IIOR), Hyderabad will organise a national consultation on 10 September 2026.
Focus is on commercialisation of oilseed technologies.
Important for oilseed productivity, technology transfer and agricultural R&D.
Schemes
1. Fisheries Infrastructure Projects under PMMSY
Fisheries infrastructure projects worth ₹36.49 crore will be launched in Puducherry.
Projects are under Pradhan Mantri Matsya Sampada Yojana (PMMSY).
Focus on sustainable livelihoods, fisheries infrastructure and value-chain efficiency.
2. Cooperative-led Seaweed Farming
A Multi-Dimensional Capacity Building Conclave will promote cooperative-led seaweed farming.
It is linked with the Blue Economy.
Focus: sustainable coastal livelihoods and strengthening the seaweed value chain.
Reports & Articles
1. Ease of Doing R&D in India — NITI Aayog
Nearly 80% of ANRF funding is concentrated in IITs.
India lacks a standardised system to track research funding, recipients and duplicate projects.
Proposed UPMS requires robust Persistent Digital Identifiers (PIDs) and metadata infrastructure.
2. 4th Indo-German Environment Forum
The 4th Indo-German Environment Forum is being held in New Delhi on 1 September 2026.
Theme: “Together For More Resilience.”
Focus: bilateral cooperation on environment and climate change.
RBI and NABARD Current Affairs
Banking and Finance
1. India’s Forex Reserves Hit Record High
India’s foreign exchange reserves reached an all-time high of $729.3 billion.
About $47 billion was added after RBI’s swap scheme announced on 5 June.
Reserves provide approximately 11 months of import cover.
2. Kissht Digital Lending
Kissht, an RBI-registered NBFC, launched a campaign promoting simplified digital lending.
It highlights fast, paperless and app-based loan approvals.
Context India's GDP growth stood at 7.8 per cent in the April–June 2026 quarter (Q1 FY27) — quicker than the 6.9 per cent in Q1 of last year, but slower than the 8.6 per cent of the January–March 2026 quarter.
The Figures
Indicator
Q1 FY27
Real GDP growth
7.8%
Nominal GDP growth
10.3%
Real GVA growth
8.2%
Comparison: 6.9% in Q1 FY26; 8.6% in Q4 FY26
Note that GVA growth (8.2%) exceeds GDP growth (7.8%). GDP = GVA + taxes on products − subsidies. When GDP grows slower than GVA, it usually means subsidies rose faster than product taxes — consistent with the fertiliser subsidy overshoot.
GDP — Gross Domestic Product
GDP is the total monetary value of all final goods and services produced within a country during a specific period, usually one year or one quarter.
Simple example
Suppose in one year India produces:
Wheat and other agricultural products → ₹10 lakh crore
Cars, steel, textiles etc. → ₹20 lakh crore
Banking, IT, transport, hotels etc. → ₹70 lakh crore
Then the country's GDP would broadly represent the ₹100 lakh crore of final economic production, after accounting for the relevant taxes and subsidies.
GDP Formula
GDP = GVA + Taxes on products − Subsidies on products
Where:
GVA (Gross Value Added) = Output − Intermediate Consumption
So, GDP measures the value created by the economy after avoiding double counting of intermediate goods.
Three major sectors
Agriculture, forestry & fishing
Industry — mining, manufacturing, electricity, construction etc.
Services — banking, IT, trade, transport, real estate, public administration etc.
In India, services account for the largest share of GVA, followed by industry and agriculture.
Nominal GDP vs Real GDP
Nominal GDP
Measured at current prices
Affected by both production and price changes/inflation
Real GDP
Measured at constant prices
Removes the effect of price changes
Therefore, it is more useful for measuring actual economic growth
Example: If GDP rises 10%, but prices have increased 6%, the economy's real output has not necessarily grown by 10%.
GDP vs GVA
GVA→ measures value added by producers/sectors.
GDP→ GVA plus net product taxes.
Therefore: GDP = Σ GVA + taxes on products − subsidies on products.
GDP vs NDP
NDP = GDP − depreciation (Consumption of Fixed Capital).
2. Fiscal Deficit at 26.8% of FY27 Target
India’s fiscal deficit stood at 26.8% of the full-year Budget Estimate by July-end.
Absolute fiscal deficit was ₹4.55 lakh crore.
Net tax revenue was ₹8.45 lakh crore, while expenditure stood at ₹17.62 lakh crore.
Social Issue
1. National Small Industry Day
30 August is observed as National Small Industry Day in India.
It recognises the contribution of small industries and MSMEs to employment and economic development.
The observance is linked to the 2000 policy package for Small Scale Industries.
2. Enforced Disappearances Day
30 August is observed as the International Day of the Victims of Enforced Disappearances.
The day promotes justice, truth, accountability and victims’ rights.
Based on UNGA Resolution A/RES/65/209
3. Sone River Water-Sharing Pact
Bihar and Jharkhand signed an MoU on sharing Sone River water.
The agreement was signed in Delhi in the presence of Union Home Minister Amit Shah and the two State Chief Ministers.
Important for inter-state water management and cooperative federalism.
4. OIL Green Energy Waste-to-Clean Energy Projects
OIL Green Energy signed MoUs with Gurugram, Faridabad, Hisar and Ambala municipalities.
Projects will process 5,000 tonnes/day of municipal solid waste.
Expected output: 70–75 TPD CBG and around 50 MW green power
Misc GA
1. Kyrgyzstan is hosting the 26th Shanghai Cooperation Organisation (SCO)
Context Kyrgyzstan's capital Bishkek is hosting the 26th Shanghai Cooperation Organisation (SCO) Summit, as the Eurasian bloc marks 25 years since its inception.
Kyrgyzstan
Officially the Kyrgyz Republic
A mountainous, landlocked sovereign republic in Central Asia
Formerly a union republic of the Soviet Union, known as Kirgiziya
Declared independence on 31 August 1991
Location: the heart of Central Asia, dominated by the Tien Shan mountain system
Capital:Bishkek, in the fertile Chu River valley in the north
Borders:Kazakhstan, China, Tajikistan and Uzbekistan
About the SCO
Founded in 2001 in Shanghai, from the earlier "Shanghai Five"
India and Pakistan joined in 2017; Iran in 2023; Belarus in 2024
Secretariat:Beijing
RATS — Regional Anti-Terrorist Structure — headquartered at Tashkent
India hosted the 2023 summit (virtual) and the SCO Heads of Government meeting
2. National Test House — 115th Foundation Day
National Test House (NTH) celebrated its 115th Foundation Day in Bengaluru.
New facilities include coal, solar water-heater and utensils testing facilities.
The NTH Suvidha mobile application was also launched.
3. Legal Metrology (Indian Standard Time) Rules, 2026
Department of Consumer Affairs notified rules making Indian Standard Time (IST) the single time reference for official purposes.
Rules aim to improve accurate time-stamping, cybersecurity and synchronisation.
They will come into force 180 days after Gazette publication.
Misc GA
1. India–USA Javelin Missile Deal
Indian Army signed a $93 million agreement for nearly 100 FGM-148 Javelin ATGMs.
Javelin is a fire-and-forget, infrared-guided anti-tank missile.
The deal may support future co-production in India.
2. TASL–Javelin Co-Production MoU
Tata Advanced Systems Limited (TASL) signed an MoU with the Javelin Joint Venture.
The agreement explores final assembly and component production in India.
Javelin can engage tanks and armoured targets at ranges of up to 5 km.
3. India Gets Dialogue Partner Status in GCAP
India secured Dialogue Partner status in the Global Combat Air Programme (GCAP).
GCAP is a 6th-generation fighter programme of the UK, Italy and Japan.
India is not yet a builder or co-developer under this status.
4. CISF–DFI Counter-Drone MoU
CISF and Drone Federation of India signed an MoU to strengthen counter-drone capabilities.
Behror, Rajasthan, will be developed as a Centre of Excellence.
Focus areas include drone detection, SOPs and drone forensics.
5. Indian Navy Commissions DSV Nipun
Indian Navy commissioned its second indigenous Diving Support Vessel, Nipun.
Built by Hindustan Shipyard Limited, it has around 75% indigenous content.
Supports deep-sea diving up to 300 m and submarine rescue operations.
6. T-72/T-90 Tank Overhaul Facility
A ₹472-crore tank overhaul facility is being established at Vehicle Factory Jabalpur.
It will support MRO of India’s T-72 and T-90 tanks.
Planned capacity: 80 tanks annually.
7. Lionel Messi Retires from International Football
Lionel Messi announced his retirement from international football for Argentina on 31 August 2026, ending a 21-year international career.
He finished as Argentina’s most-capped player and all-time leading scorer, with 207 appearances and 125 goals.
Major achievements include the 2022 FIFA World Cup and Copa América titles in 2021 and 2024; his final international match was the 2026 World Cup final.
He is an eight-time Ballon d’Or winner and one of the most decorated players in international football.
Science & Technology
1. Nancy Grace Roman Space Telescope
NASA launched the Nancy Grace Roman Space Telescope aboard a SpaceX Falcon Heavy.
Project cost is around $4.3 billion.
It will study dark energy, exoplanets and the infrared universe and operate around Lagrange Point 2.
2. DoT–C-DOT Optical Network Testbed
DoT and C-DOT signed a 5-year agreement to establish an end-to-end optical network testbed.
It will test optical core, optical access and quantum-security technologies.
Aim: bridge the gap between indigenous R&D and commercial deployment.
3. YJ-18A Stealth-Coated Missile
China reportedly tested a new YJ-18A anti-ship cruise missile variant.
It uses a radar-absorbing coating designed to reduce radar reflections.
The missile combines subsonic cruising with a supersonic terminal attack.
4. Gangaichthys indonepalicus
Scientists discovered a new subterranean fish species in West Champaran, Bihar, near Nepal.
It is the first recorded subterranean fish from the Indo-Gangetic Basin.
Features include lack of pigmentation, reduced eyes and an elongated body.
International Affairs
1. China–Bangladesh 2+2 Dialogue
China and Bangladesh are preparing for their first 2+2 diplomatic and defence dialogue.
It will combine foreign affairs and defence-level discussions.
Important for understanding China’s growing engagement in South Asia.
2. Sone River Pact
Bihar and Jharkhand signed an agreement on Sone River water sharing.
It addresses a long-standing inter-state water-sharing issue.
Important for federalism and river-water governance.
Appointments & Resignations
1. John Ternus Becomes Apple CEO
Tim Cook stepped down as Apple CEO on 31 August 2026.
John Ternus succeeded him as CEO.
Important corporate leadership change.
2. Peyman Kargar — TVS Motor
Peyman Kargar will become TVS Motor’s CEO and Director from 27 January 2027.
He will succeed K.N. Radhakrishnan.
Kargar has over 30 years of global automotive experience.
3. King Haakon VIII of Norway
Crown Prince Haakon succeeded King Harald V as King Haakon VIII.
He became Norway’s Head of State.
He is a trained naval officer.
4. Ashish Shelar — ESGF President
Maharashtra Minister Ashish Shelar was elected President of the Esports Games Federation (ESGF).
ESGF is India’s national body for esports and mind sports.
The federation was established in 2024.
Awards & Sports
1. Rajbhasha Utkrishtta Sammaan
DARPG was selected for the Rajbhasha Utkrishtta Sammaan 2025–26.
It was recognised for outstanding implementation of Hindi as the Official Language.
Award will be presented on Hindi Diwas, 14 September 2026.
2. Indian Football Awards 2026
Lallianzuala Chhangte was named Indian Footballer of the Year.
Manisha Kalyan won Indian Women’s Player of the Year.
Awards were presented by FPAI in Kolkata.
3. National Sports Day
29 August is observed as National Sports Day in memory of Major Dhyan Chand.
2026 marked his 121st birth anniversary.
Campaign: “Ek Ghanta Khel Ke Maidan Mein.”
Important Days
1. International Day Against Nuclear Tests
Observed on 29 August every year.
Declared by UNGA Resolution A/RES/64/35 in 2009.
The date marks the closure of Kazakhstan’s Semipalatinsk Nuclear Test Site in 1991.
Five to remember · 1 September 2026
Founded in 2001 in Shanghai, from the earlier "Shanghai Five"Kyrgyzstan is hosting the 26th Shanghai Coopera…
2026 marked his 121st birth anniversary. National Sports Day
Award will be presented on Hindi Diwas, 14 September 2026. Rajbhasha Utkrishtta Sammaan
Fisheries infrastructure projects worth ₹36.49 crore will be launched in Puducherry. Fisheries Infrastructure Projects under PMMSY
Nearly 80% of ANRF funding is concentrated in IITs. Ease of Doing R&D in India — NITI Aayog
Context The Global Coral Reef Monitoring Network (GCRMN) released the 7th Status of Coral Reefs of the World report — finding near-annual bleaching stress, a 9.5 per cent decline in global hard coral cover, and recovery windows shrinking to just 4–6 years.
Key Findings
Global hard coral cover has declined by about 9.5% compared with the 1980–2009 reference period.
There has been a pronounced decline since 2010.
2023–24 witnessed the 4th Global Mass Coral Bleaching Event.
In 2024, around 87% of coral reefs experienced unprecedented heat stress.
42.6% of global reefs experienced heat stress of ≥8°C-weeks, a level associated with widespread bleaching and mortality.
In 2025, this figure was 27.4%.
Global hard coral cover declined by 8.9% between 2023 and 2024, the largest single-year relative decline recorded.
Coral Reefs
Coral reefs are underwater ecosystems built mainly by tiny marine animals called coral polyps.
They are found mostly in warm, shallow, clear and nutrient-poor tropical seas.
Coral polyps secrete calcium carbonate (CaCO₃), which forms the hard reef structure.
How coral reefs form
Coral polyps live together in colonies.
They build calcium-carbonate skeletons.
When corals die, their skeletons remain.
New corals grow over these structures.
Over thousands of years, this creates large coral reefs.
Why coral reefs are important
Biodiversity: Support around 25% of marine species despite covering less than 1% of the ocean floor.
Coastal protection: Reduce the impact of waves, storms and erosion.
Livelihoods: Support fisheries, tourism and coastal communities.
Carbon and nutrient cycling: Contribute to important marine ecosystem processes.
Food security: Provide fishing grounds for millions of people.
Major threats
Ocean warming→ coral bleaching
Ocean acidification→ makes calcium-carbonate formation difficult
Marine pollution
Overfishing
Sedimentation
Coastal development
Destructive fishing practices
What Coral Bleaching Is
When water becomes unusually warm, corals become stressed.
They expel their zooxanthellae.
The coral loses its pigments and primary nutrient supply
Turning bone-white, leaving the calcified skeleton vulnerable to disease and starvation
If stressful conditions continue for a long time, the coral may die.
2. Pichavaram Mangroves: ₹2,485 Crore Economic Value
Study estimated the Total Economic Value (TEV) of Pichavaram mangroves at ₹2,485.38 crore.
Total blue carbon asset value: ₹1,612.40 crore, around 65% of total economic value.
Highlights the economic importance of mangrove conservation and carbon storage.
Schemes
1. Mission Rangeen Machhli 2031
Source: PIB
Context The Vice-President of India released the Mission Rangeen Machhli 2031 Strategic Action Plan for Ornamental Fisheries Development, during a fisheries outreach programme at Agatti, Lakshadweep.
What It Is
An initiative to develop, regulate and scale the ornamental fisheries sector
Covering the breeding, rearing and trading of decorative fish for home aquariums and commercial displays
Into an organised, globally competitive industry
About
Implementing body:Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying
Location focus:Lakshadweep Islands — launched from Agatti Island
Key Features
Standardised Value Chain SOPs
Common rules for breeding, hatcheries, disease control, packaging and transport.
Ensures live fish survive transport safely.
Biosecurity & Quality
Quarantine + health checks to prevent diseases and invasive pathogens.
ContextUPI cemented its role as the backbone of India's digital economy, processing 2,366 crore transactions worth nearly ₹30 lakh crore in July 2026 alone.
What UPI Is
A real-time interoperable payment system enabling instantaneous inter-bank fund transfers through mobile applications
Built as open-architecture digital public infrastructure
Converts a user's bank account details into a simple Virtual Payment Address (VPA) or UPI ID
About
Developed by: the National Payments Corporation of India (NPCI)
Launched: piloted in April 2016 with 21 banks, under then-RBI Governor Raghuram Rajan — now expanding to over 730 participating banks
Aim: build a seamless, interoperable, cashless ecosystem; bring unbanked and underbanked populations into formal digital finance; and enable friction-free person-to-person (P2P) and person-to-merchant (P2M) settlement.
The Three-Layer Structure
Worth fixing clearly for exams:
TPAP — Third-Party Application Provider: the app the user sees (Google Pay, PhonePe, Paytm)
PSP Bank — the bank that sponsors the TPAP and connects it to UPI
NPCI — operates the central switch, routing instructions between banks
2. SBI Research Raises FY27 GDP Forecast
SBI Research raised India’s FY27 GDP growth forecast from 6.6% to 7.3%.
India recorded 7.8% real GDP growth in Q1 FY27.
Growth was supported by domestic demand, government capex, services and manufacturing.
Q2, Q3 and Q4 growth estimates: 7.3%, 7.2% and 6.9%, respectively.
3. PhonePe Launches UPI 123Pay for Feature Phones
PhonePe launched UPI 123Pay to enable UPI payments on feature phones without internet access.
It uses an SMS-based architecture suitable for low/2G connectivity.
Supports P2P and P2M payments, balance checks and transaction history.
Includes an AI-powered voice helpline in English and 12 Indian languages.
Context The latest V-Dem Democracy Report placed India's Electoral Democracy Index score at its lowest level since 1975, continuing a decline observed since 2009.
What the Index Is
A global framework measuring democracy using a multidimensional approach
Rather than treating democracy merely as the conduct of elections
Dimensions evaluated:
Electoral integrity
Civil liberties
Institutional autonomy
Judicial accountability
Freedom of expression
Public administration
About
Published by: the Varieties of Democracy (V-Dem) Institute, at the University of Gothenburg, Sweden
Aim: measure and compare different dimensions of democracy, track progress or decline over time, and identify trends such as democratisation and autocratisation.
Key Findings on India
Lowest since 1975: Electoral Democracy Index score at its lowest level since 1975, according to V-Dem.
Autocratisation: India is identified as undergoing slow autocratisation, marked by weakening democratic institutions.
Institutional decline:Judicial accountability, corruption control, election-body autonomy and impartial administration show major deterioration.
Media & expression: Decline in freedom of expression and media, with increased harassment of journalists.
Academic freedom: Declines in academic expression, research/teaching freedom and institutional autonomy.
What "Autocratisation" Means
Autocratisation is the gradual erosion of democratic institutions, as distinct from a sudden coup or breakdown.
Important Facts for Exams
V-Dem — Varieties of Democracy Institute, at the University of Gothenburg, Sweden
Publishes the annual Democracy Report
India's Electoral Democracy Index at its lowest since 1975, the year the Emergency was declared
India described as undergoing slow autocratisation
Indicators at 50-year lows: judicial accountability, corruption, Election Management Body autonomy, impartial public administration
Five V-Dem indices: Electoral, Liberal, Participatory, Deliberative, Egalitarian
The Electoral Democracy Index is based on the polyarchy concept of Robert Dahl
Other democracy indices: Freedom House "Freedom in the World", and the EIU Democracy Index (which classifies countries as full democracy, flawed democracy, hybrid regime or authoritarian)
India's Emergency: 25 June 1975 to 21 March 1977, under Article 352
ContextDepalpur, Madhya Pradesh, became the first city under the Swachh Shehar Jodi initiative to achieve Zero Legacy Waste — remediating 1,250 metric tonnes of waste accumulated over five years, under SBM-U 2.0.
What It Is
A scientific legacy-waste remediation and urban waste-management initiative
Undertaken by Depalpur Nagar Parishad with Indore Municipal Corporation
Under the Swachh Shehar Jodi initiative of Swachh Bharat Mission-Urban 2.0
Follows the "Each One Teach One" model — experienced mentor cities transfer waste-management practices to mentee cities
Important Facts for Exams
Depalpur, Madhya Pradesh — first city under Swachh Shehar Jodi to achieve Zero Legacy Waste
Mentor city: Indore Municipal Corporation
Under Swachh Bharat Mission-Urban 2.0, launched 2021
Swachh Shehar Jodi follows the "Each One Teach One" model
Indore has repeatedly ranked India's cleanest city in Swachh Survekshan
3. The Permanent Court of Arbitration and the Indus Waters Treaty
Source: Indian Express
Context The Permanent Court of Arbitration (PCA) ruled that the Indus Waters Treaty remains in force and restricted certain works on the Ratle Hydroelectric Project. India rejected the ruling, calling the arbitration illegally constituted and its decision null and void.
What the PCA Is
An intergovernmental organisation facilitating international arbitration, conciliation and fact-finding
For disputes between states, state entities, intergovernmental organisations and private parties
Establishment
Founded in 1899 at the first Hague Peace Conference
Under the Convention for the Pacific Settlement of International Disputes
Convened by Czar Nicholas II of Russia
The convention was revised at the second Hague Peace Conference in 1907
Headquarters: the Peace Palace, The Hague, Netherlands
India and Pakistan: both have been Contracting Parties since 1950, adhering to the 1899 and 1907 Hague Conventions
The Indus Waters Treaty
Signed 1960, brokered by the World Bank.
The allocation:
Eastern Rivers — Ravi, Beas, Sutlej→India
Western Rivers — Indus, Jhelum, Chenab→ primarily Pakistan
India permitted limited non-consumptive hydropower use on the Western Rivers
Important Facts for Exams
PCA — founded 1899, first Hague Peace Conference, under the Convention for the Pacific Settlement of International Disputes; revised 1907
Headquarters: Peace Palace, The Hague — which it shares with the International Court of Justice
Not a standing court — it administers ad-hoc tribunals
India and Pakistan have been Contracting Parties since 1950
IWT signed 1960, brokered by the World Bank
Eastern Rivers (Ravi, Beas, Sutlej) to India; Western Rivers (Indus, Jhelum, Chenab) primarily to Pakistan
Article IX provides the graded dispute mechanism: Permanent Indus Commission → Neutral Expert → Court of Arbitration
Ratle — 850 MW project on the Chenab; Kishenganga — on a tributary of the Jhelum
Distinguish the PCA from the ICJ: the ICJ is the principal judicial organ of the UN, with 15 permanent judges, hearing only state-versus-state cases
4. MoSPI–Thapar Institute AI Framework
MoSPI signed an MoU with Thapar Institute of Engineering & Technology to develop an AI-driven framework for monthly consumption expenditure.
It will use HCES data to estimate MPCE at national and State levels.
The framework will support poverty estimation, economic planning and policy formulation.
It promotes the use of AI in official statistics.
Economy
1. India’s FY27 GDP Growth Momentum
India’s economy grew 7.8% in Q1 FY27, according to the SBI Research report.
Real GVA growth was 8.2% during the quarter.
Manufacturing grew 9.2%, while services grew around 10%.
Strong domestic demand and government capital expenditure supported growth.
Misc GA
1. INS Nipun Commissioned by Indian Navy
INS Nipun, the second Nistar-class Diving Support Vessel, was commissioned in Mumbai on 31 August 2026.
It strengthens deep-sea diving, underwater intervention and submarine rescue capabilities.
It is particularly important for the Western Naval Command.
The vessel supports India’s growing underwater and maritime security capabilities.
2. India–Vietnam and India–Laos Engagement
Union MoS Pabitra Margherita visited Vietnam and Laos from 26–29 August 2026.
The visit aimed to strengthen partnerships under India’s Act East Policy.
Laos engagement coincided with the 70th anniversary of India–Laos diplomatic relations.
Cooperation covered culture, tourism, textiles, education and development projects.
Science & Technology
1. IISc Establishes FQCI under National Quantum Mission
Indian Institute of Science (IISc), Bengaluru established the Foundation for Quantum Computing Innovation (FQCI).
It will function as a Quantum Computing Thematic Hub under the National Quantum Mission.
Focus areas include photonic, superconducting, semiconductor, neutral-atom and trapped-ion systems.
NQM has an outlay of ₹6,003.65 crore for 2023–24 to 2030–31.
2. China Tests GJ-21 Stealth UAV
China tested the GJ-21 stealth UAV alongside sea trials of the Type 076 Sichuan.
The GJ-21 is designed for naval reconnaissance and strike missions.
Type 076 is equipped with an Electromagnetic Aircraft Launch System (EMALS).
It represents the growing integration of UAVs with naval warfare.
International Affairs
1. India–Laos Diplomatic Relations
2026 marks 70 years of India–Laos diplomatic relations.
India reaffirmed its commitment to Act East Policy during the visit of MoS Pabitra Margherita.
Cooperation included culture, heritage preservation and Quick Impact Projects.
A MoU was witnessed for mural restoration at Wat Pa Khae Temple.
Awards & Recognitions
1. Roger Federer Inducted into International Tennis Hall of Fame
Swiss tennis legend Roger Federer was inducted into the International Tennis Hall of Fame.
He won 20 Grand Slam titles and 103 ATP Tour titles.
He spent a record 310 weeks as World No. 1.
He completed the Career Grand Slam by winning the French Open in 2009.
Important Days
1. International Day for People of African Descent
Observed on 31 August every year.
First observed in 2021 following UNGA Resolution A/RES/75/170.
The initiative was championed by Costa Rica.
2026 theme: “Expanding the Human Rights of People of African Descent.”
Five to remember · 2 September 2026
Aim: build a seamless, interoperable, cashless ecosystem; bring unbanked and underbanked populations into formal digital finance; and enable friction-free person-to-person (P2P) and person-to-merchant (P2M) settlement. The Unified Payments Interface (UPI)
Founded in 1899 at the first Hague Peace ConferenceThe Permanent Court of Arbitration and the Indu…
Global hard coral cover has declined by about 9.5% compared with the 1980–2009 reference period. Global Coral Reefs Under Stress: GCRMN Report
India’s economy grew 7.8% in Q1 FY27, according to the SBI Research report. India’s FY27 GDP Growth Momentum
NQM has an outlay of ₹6,003.65 crore for 2023–24 to 2030–31. IISc Establishes FQCI under National Quantum Mi…
Context The United Nations Environment Programme (UNEP) for the first time set out a detailed "overshoot, peak and decline" pathway — warning that a breach of the 1.5°C global warming limit will bring irreversible ecological losses that no adaptation could undo.
What the Pathway Is
It projects a trajectory where the world overshoots the Paris Agreement's central goal of limiting warming to 1.5°C above pre-industrial levels
Which the report says is now unavoidable
The pathway seeks to hold peak temperatures after the overshoot as low as possible
And then bring it back down below the limit by 2100
Key Figures to Remember
Scenario
Projected warming
1.5°C breach
"In the next few years"
If every country delivers its national climate plan and net-zero target
Peak warming of 1.8°C
Current policies
About 2.6°C by 2100
The Paris Agreement Context
Adopted at COP21, Paris, 2015; entered into force 2016
Goal: hold warming well below 2°C, and pursue efforts to limit it to 1.5°C
Operates through Nationally Determined Contributions (NDCs), submitted every five years
The global stocktake assesses collective progress every five years
Important Facts for Exams
Report: "Limiting Overshoot", by UNEP
First detailed "overshoot, peak and decline" pathway from the UN
1.5°C breach expected "in the next few years"
Full delivery of pledges → 1.8°C peak; current policies → about 2.6°C by 2100
UNEP — headquartered at Nairobi, Kenya; established 1972 after the Stockholm Conference
UNEP also publishes the annual Emissions Gap Report and Adaptation Gap Report
UN Secretary-General: António Guterres
Paris Agreement, 2015 — well below 2°C, pursuing 1.5°C; operates through NDCs
Net-negative emissions are required to return below the limit after a peak
India's targets: net zero by 2070, 45 per cent emissions intensity reduction by 2030, 50 per cent non-fossil capacity by 2030
2. AISHE 2022–23 and 2023–24
Ministry of Education released the 13th and 14th editions of AISHE.
Higher education institutions expanded significantly over a decade:
Universities: 760 → 1,289
Colleges: 38,498 → 48,246
Standalone institutions: 12,276 → 15,221
Higher education enrolment:
3.42 crore → 4.50 crore
Increase: 31.5%
Female enrolment:
1.57 crore → 2.24 crore
Increase: 42.2%
Gender Parity Index (GPI): 1.08 in 2023–24.
GPI remained above 1.0 for the seventh consecutive year.
3. Creating Intergenerational Bonding Initiative
Department of Social Justice and Empowerment signed an MoU with Ramakrishna Math and Ramakrishna Mission.
Objective: Strengthen bonds among children, parents and grandparents.
Pilot implementation in 200 schools.
Components:
Co-learning games
School-based activities
Bilingual resource platform
Teacher certification.
Complements AVYAY and Elderline initiatives.
4. National Nutrition Week 2026
Observed from 1–7 September.
Focus: Balanced diets, healthy eating and nutrition awareness.
First observed in India in 1982.
Led by the Ministry of Women and Child Development.
Economy
1. JCR Upgrades India’s Sovereign Rating
Japan Credit Rating Agency (JCR) upgraded India's sovereign rating by one notch:
BBB+ → A−
Country ceiling also upgraded to A.
Reasons cited:
Sustained economic growth of around 7%
GST reforms
Digital Public Infrastructure
Stronger bank balance sheets
Improved financial-system soundness
2. MoSPI Releases National Accounts Statistics 2026
MoSPI released National Accounts Statistics (NAS) 2026.
New national accounts series adopts 2022–23 as the base year.
Contains 60 statistical statements.
Covers:
GDP
National income
Consumption
Savings
Capital formation
Public-sector transactions
External transactions.
New/updated indices include:
Producer Price Index (PPI)
Index of Industrial Production (IIP)
Banking Services Price Index (BkSPI)
Base year: 2022–23.
3. MoSPI Clarifies GDP Manufacturing Deflator Issue
MoSPI clarified the methodology behind the negative manufacturing deflator in India's GDP estimates.
Q1 FY27 real GDP growth was 7.8% under the 2022–23 base-year series.
Important for understanding the distinction between real GDP, nominal GDP and deflators.
Misc GA
Defence & Security
1. INS Nipun Commissioned
Indian Navy commissioned INS Nipun on 31 August 2026 at Naval Dockyard, Mumbai.
It is the second Nistar-class Diving Support Vessel (DSV).
Strengthens:
Deep-sea diving
Underwater intervention
Submarine rescue operations.
Particularly significant for the Western Naval Command.
Agriculture 1 · PIB 1 · Banking and Finance 4 · Economy 4 · Social Issue 1 · Misc GA 8
NABARD Current Affairs
Agriculture
1. NABARD-IMD MoU on Climate-Resilient Agriculture via DiCRA
Source: News reports
Context NABARD signed an MoU with the India Meteorological Department (IMD) to integrate agro-meteorological data into the Data in Climate Resilient Agriculture (DiCRA) platform — improving access to weather intelligence for farmers, lenders and rural stakeholders.
What IMD will provide
Weather forecasts — short, medium and extended range
Agro-advisories — crop-specific guidance based on expected weather
In-situ observations — actual measurements from ground stations
Alerts — for extreme events such as heavy rainfall, heatwaves and cold waves
All integrated into a dedicated Weather Portal within DiCRA
How it will be delivered
Web portals — for institutional users
Mobile interfaces — for farmers and field staff
APIs — allowing banks, insurers and agri-tech firms to pull data into their own systems
Designed for open, user-friendly access and last-mile delivery
About DiCRA
Data in Climate Resilient Agriculture — an open-source digital platform
Supported by NABARD and the United Nations Development Programme (UNDP)
It served as the digital infrastructure for NABARD's National Climate Stack Innovation Challenge, where SatSure, EXPERIQS and VARSAPRADAYA built village-level climate risk tools on it
PIB
1. Swachh Sagar, Surakshit Sagar 2026
5th edition (SSSS v5.0) was launched by Dr Jitendra Singh under the Ministry of Earth Sciences.
It is a week-long ocean conservation campaign focused on marine pollution and coastal cleanliness.
A new National Ocean Olympiad was launched under the campaign.
Activities include beach clean-ups, conservation pledges, youth programmes and awareness drives.
The campaign was launched in 2022 as a 75-day coastal clean-up across 75 beaches.
ContextIRDAI issued a consultation paper proposing a Public Insurance Registry (PIR) — conceived as Digital Public Infrastructure under the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025.
What It Is
A population-scale, interoperable and non-exclusionary Digital Public Infrastructure
Designed as a common information exchange layer
Allowing authorised participants to discover, verify and share insurance data — without creating a single centralised data warehouse
About
Regulator and anchor:IRDAI
Implementing body: proposed by transforming the existing Insurance Information Bureau (IIB) into a wholly owned, not-for-profit subsidiary of IRDAI
Participants: insurers, reinsurers, intermediaries, policyholders, financial institutions, government departments and research institutions
Important Facts for Exams
PIR — proposed by IRDAI as Digital Public Infrastructure
Under the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025
Implementing body: the Insurance Information Bureau (IIB), to become a wholly owned not-for-profit subsidiary of IRDAI
Federated model — data stays with source institutions; not a central warehouse
To integrate with vehicle, health, weather, disaster and court databases
IRDAI — established under the IRDA Act, 1999, headquartered at Hyderabad
Comparable architecture: the RBI's Account Aggregator framework
2. SEBI Grants Category I Merchant Banking Licence to Zerodha
ContextSEBI granted a Category-I merchant banking licence to Zerodha Corporate Advisors, a subsidiary of Zerodha — enabling its entry into investment banking with a focus on capital market services.
Category-I merchant bankers
Can manage main-board public issues and undertake underwriting
Minimum net worth: ₹50 crore — raised from the earlier ₹5 crore
Business capped at 20 times liquid net worth
Category-II merchant bankers
Cannot manage main-board public issues
Minimum net worth: ₹10 crore
What Zerodha will do
Initially focus on equity capital markets — IPOs, follow-on public offers (FPOs) and advisory services for issuers and investors
Plans to replicate its brokerage philosophy — low-cost services without aggressive selling, emphasising transparency and efficiency
Objective: diversify beyond broking into advisory and capital-raising services
3. Carol Kripanayana Furtado: Interim CEO of Ujjivan SFB
RBI approved Carol Kripanayana Furtado as interim MD & CEO of Ujjivan Small Finance Bank.
Her tenure is for three months or until a permanent successor is appointed.
She succeeded Sanjeev Nautiyal, who resigned on 31 August 2026.
Furtado has nearly three decades of banking and NBFC experience.
She previously served as CEO of Ujjivan Financial Services.
Context Leaders of the 10 SCO member states — including India, Russia and China — concluded the 26th Council of Heads of State summit in Bishkek, Kyrgyzstan, by signing the joint Bishkek Declaration.
The Summit
Host:Bishkek, Kyrgyzstan
Chair: President Sadyr Japarov of the Kyrgyz Republic
Theme (2026):"25 Years of the SCO: Together for Sustainable Peace, Development and Prosperity"
Presidency handover: to Pakistan for the 2026-2027 tenure
Key Outcomes of the SCO Declaration
No double standards on terrorism: Condemned terrorism in all forms; called for action against cross-border terrorism, safe havens and terror financing.
No extremist proxies: Rejected the use of terrorist/separatist groups for strategic purposes and stressed state responsibility.
Iran strikes condemned: Opposed unilateral military strikes on Iran and called for diplomacy.
SCO is not a military bloc: Reaffirmed sovereignty, non-interference and that SCO is not directed against any country.
Energy & food security: Warned that Strait of Hormuz disruptions could threaten global energy and food security.
Financial cooperation: Supported national-currency trade, alternative payment systems and discussions on an SCO Development Bank.
Connectivity: Supported CKU Railway and INSTC, while stressing sovereignty and territorial integrity—important for India’s position on BRI/CPEC.
Youth & innovation: Institutionalised the SCO Young Scientists Forum and Start-up Forum.
Important Facts for Exams
26th SCO Council of Heads of State summit, Bishkek, Kyrgyzstan
Chair: President Sadyr Japarov; presidency to Pakistan for 2026-27
Theme: "25 Years of the SCO"
10 member states; SCO founded 2001 in Shanghai from the Shanghai Five
Secretariat at Beijing; RATS at Tashkent
India and Pakistan joined 2017; Iran 2023; Belarus 2024
INSTC — International North-South Transport Corridor, linking India to Russia via Iran
CKU — China-Kyrgyzstan-Uzbekistan railway
The Declaration explicitly states the SCO is not a military-political alliance
ContextMeitY notified the operational framework for the ₹1.27 lakh crore (₹1,27,500 crore) Semicon 2.0 programme.
What It Is
A comprehensive national policy framework and financial incentive scheme
Structured across 6 pillars and 10 categories
Designed to support the entire semiconductor value chain
About
What the value chain covers: fabless chip design, silicon and compound wafer fabrication, advanced packaging (ATMP/OSAT), equipment, materials, specialty chemicals, R&D and specialised talent development.
Nodal agency:India Semiconductor Mission (ISM), under MeitY
Design and technical partner:C-DAC — Centre for Development of Advanced Computing
Aim: build technological self-reliance through Indian-owned IP, fabless chip design, domestic chip adoption, local supply chains and global electronics manufacturing.
ContextISRO has slated the launch of EOS-05, formerly GISAT-1A, aboard the GSLV-F17 rocket from Sriharikota. It is the operational replacement for the lost GISAT-1 mission.
What It Is
An ISRO geo-imaging satellite built on the I-2K platform
Operating in Geosynchronous Orbit, about 35,786 km
Enabling near-real-time monitoring of India, surrounding oceans and border regions
About
Launcher:GSLV-F17 (GSLV Mk II), from the Second Launch Pad at SDSC-SHAR, Sriharikota
Why the high orbit: it matches Earth's rotation, overcoming the multi-day revisit gaps typical of Low Earth Orbit satellites.
Primary objective: persistent spatial, spectral and thermal monitoring over the Indian landmass, oceans and border zones — for disaster mitigation, agriculture and strategic defence.
3. India–Germany Wetland Conservation Partnership
India and Germany signed a Joint Declaration of Intent (JDI) on conservation and wise use of wetlands.
The agreement was signed during the 4th Indo-German Environment Forum (IGEF).
Cooperation will cover wetlands, biodiversity, forests, mountains and climate resilience.
Other focus areas include circular economy, sustainable finance and green skills.
IGEF was established in 2008 as the highest-level bilateral environmental policy forum between India and Germany.
4. BPCL–CSE MoU: Biofuels and Circular Economy
BPCL and Centre for Science and Environment (CSE) signed an MoU on biofuels and circular economy.
Collaboration will cover biomass, waste-to-resource solutions and Compressed Biogas (CBG).
Focus areas include feedstock assessment, supply chains and waste-resource management.
They will explore utilisation of by-products such as FOM, digestate, bio-CO₂ and DDGS.
The partnership aims to develop scalable bioenergy solutions.
Social Issue
1. CARA: Adoption Awareness 2026
CARA launched the theme: “Legal Adoption. Safe Childhood. Secure Future. Say No to Illegal Adoption!”
The campaign promotes legal, safe, transparent and child-centric adoption.
CARA will conduct State/UT-level awareness workshops from September 2026.
It is strengthening coordination with MoHFW and MHA to prevent illegal adoption.
CARA is a statutory body under the Juvenile Justice Act, 2015.
Misc GA
1. Gollala Gudi Temple Declared Monument of National Importance
ASI declared Gollala Gudi Temple in Palampet, Telangana, a Monument of National Importance.
The declaration was made under the AMASR Act, 1958.
It is located near the UNESCO World Heritage Site Ramappa Temple.
The temple is a Trikutalaya, with three sanctums and an east-facing mandapa.
With this addition, Telangana has 10 ASI-protected sites.
2. IBCA–ADB MoU for Big Cat Landscape Conservation
International Big Cat Alliance (IBCA) and ADB signed an MoU on landscape conservation and nature-positive financing.
The agreement was signed during the International Workshop on Tiger Landscapes in New Delhi.
Theme: “Tiger Landscapes: Conservation, Bioeconomy and Ecotourism…”
Focus areas include climate resilience, ecosystem services and nature-based solutions.
IBCA is an India-led alliance focused on conserving 7 big cats across its member countries.
3. Tenzing Norgay National Adventure Awards 2024
MYAS announced 4 awardees for the Tenzing Norgay National Adventure Awards 2024.
Winners: Baljeet Kaur, Skalzang Rigzin, Rimo Saha and Shiv Prasad Chamoli.
Awards cover Land Adventure, Water Adventure, Air Adventure and Lifetime Achievement.
Each winner receives a ₹15 lakh cash prize, bronze statuette and certificate.
It is India’s highest national award for adventure sports.
4. Ramon Magsaysay Awards 2026
Tommy Koh, Runa Khan and Bo Kyi were named winners of the 68th Ramon Magsaysay Awards.
Tommy Koh is from Singapore, Runa Khan from Bangladesh, and Bo Kyi from Myanmar.
Koh was recognised for international dialogue and cooperation.
Khan works for vulnerable communities in Bangladesh, while Bo Kyi advocates for political prisoners and human rights.
Each recipient receives a medallion, certificate and USD 50,000.
5. Air Vice Marshal Shakti Sharma Makes History
AVM Shakti Sharma became the first woman from the non-medical stream to attain the two-star rank in India's Defence Forces.
She assumed charge as Assistant Chief of Air Staff (Education).
She was commissioned into the IAF Education Branch in 1994.
She has served across training establishments, field stations and Air Headquarters.
Her promotion marks a major milestone for women in defence leadership.
6. Tata Elxsi–Sarla Aviation: Shunya Electric Air Taxi
Tata Elxsi and Sarla Aviation signed an MoU to develop Shunya, an electric VTOL aircraft.
Shunya is designed as a six-seater plus one pilot eVTOL.
Tata Elxsi will support avionics, flight controls, software, testing and certification.
The first flight is targeted within 18–24 months.
The aircraft is designed for 300+ km operations and runway-independent connectivity.
7. IAF Tests Indigenous Khagantak-243 Glide Bomb
IAF successfully tested the Khagantak-243, an indigenous Long-Range Glide Bomb (LRGB).
It is a 300-kg class stand-off precision-guided weapon.
The system is designed to allow aircraft to engage targets from safer distances.
BEL supplied electronics and guidance systems, while JSR Dynamics developed the bomb body and control systems.
The test strengthens India's indigenous precision-strike capability.
9. World Coconut Day 2026
World Coconut Day is observed annually on 2 September.
2026 theme: “Coconuts in Times of Uncertainty: Securing Food, Energy, and Livelihoods.”
The day was initiated by the Asian and Pacific Coconut Community (APCC).
The first World Coconut Day was observed in 2009.
ICAR-CPCRI, Kasaragod celebrated the 2026 event in Kerala.
Five to remember · 4 September 2026
The first World Coconut Day was observed in 2009. World Coconut Day 2026
IRDAI — established under the IRDA Act, 1999, headquartered at HyderabadThe Public Insurance Registry (PIR)
CARA is a statutory body under the Juvenile Justice Act, 2015. CARA: Adoption Awareness 2026
The declaration was made under the AMASR Act, 1958. Gollala Gudi Temple Declared Monument of Nation…
Minimum net worth: ₹50 crore — raised from the earlier ₹5 croreSEBI Grants Category I Merchant Banking Licence…
Agriculture 2 · Banking and Finance 5 · Misc GA 11 · Social Issue 1
NABARD Current Affairs
Agriculture
1. BIO-NIVESH
Context Union Minister of State (Independent Charge) Dr Jitendra Singh, Ministry of Science and Technology, launched BIO-NIVESH — a platform to connect biotechnology startups with investors and raise private capital for innovations ready for scale-up and commercialisation. It was launched at a joint roundtable with startups and investors in New Delhi.
What BIO-NIVESH Is
A strategic platform connecting science, capital, industry and markets
Fostering collaboration among innovators, investors, industry and government
The Distinguishing Design
Unlike a conventional pitching event, BIO-NIVESH is a two-way engagement mechanism
UNEP released Limiting Overshoot: Navigating Exceedance of 1.5°C and Pathways Towards Return. It examines how the world can return below 1.5°C if global temperatures temporarily exceed the target.
What is Climate Overshoot?
Climate overshoot means global temperature temporarily exceeds 1.5°C, reaches a peak, and later declines.
The pathway has four stages:
Exceedance
Plateau/Peak
Decline
Stabilization
Key Findings
Human-induced warming is already around 1.4°C and rising by about 0.25°C per decade.
WMO estimates a 75% probability that the 2026–2030 average will exceed 1.5°C.
Only around 130 GtCO₂ remains in the carbon budget for a 50% chance of limiting warming to 1.5°C.
At current emissions, this budget could be exhausted in roughly 3 years.
Current policies could lead to around 2.6°C warming by 2100.
Even full implementation of NDCs and net-zero pledges could result in peak warming of about 1.8°C.
Cost of Delay
Every 5 years of continued high emissions could add around 0.1°C to peak warming.
Returning to lower temperatures would then require removing roughly 220 GtCO₂ from the atmosphere.
Major Risks
Tipping points: Greenland and West Antarctic ice-sheet loss, AMOC weakening and Amazon dieback.
Glaciers: Mountain glaciers could lose more than 25% of their mass by 2100.
Sea level: Each century spent above 1.5°C could contribute around 40 cm of additional sea-level rise by 2300.
Food security: Food production could decline by up to 14% by 2050 without adequate adaptation.
Coral reefs: Severe and repeated bleaching could push reefs beyond their ability to adapt.
Key Challenges & Way Forward
Key Challenges
Way Forward
Debt stress: Climate disasters raise reconstruction costs and borrowing pressures in vulnerable countries.
Combine mitigation + adaptation: Treat both as complementary, not alternatives.
Carbon removal limits: DACCS and BECCS need significant energy, water and land; nature-based removal faces saturation and wildfire risks.
Context The Defence Minister released 'RAKSHA', a strategic document outlining India's 10-year defence diplomacy roadmap and vision for global partnerships, at an event held at Kartavya Bhawan.
What RAKSHA Is
A strategic 10-year defence diplomacy vision document formulated by the Ministry of Defence
An institutional blueprint defining how India will use its military engagements, multilateral security frameworks, domestic defence-industrial ecosystem and maritime presence
To foster global stability, protect national security interests, and advance a rules-based international order over the next decade
Nodal Bodies
Ministry of Defence, in coordination with the Ministry of External Affairs and the National Security Council Secretariat
Aim
Align national security priorities with proactive foreign policy
Transform defence diplomacy into a tool for mutual economic growth, strategic autonomy and a rules-based international order
2. Aero India 2027
Context The Ministry of Defence announced that the 16th edition of Aero India will be held from 8 to 12 February 2027, at Air Force Station, Yelahanka, Bengaluru.
What Aero India Is
Asia's largest biennial aerospace and defence exhibition
Showcasing civil and military aircraft, weapon systems and defence electronics
Bringing together aerospace manufacturers, military delegations, policymakers, startups and research institutions
Organisation and Venue
Organised by the Department of Defence Production, Ministry of Defence
Hosted by the Indian Air Force at Air Force Station, Yelahanka, Bengaluru, Karnataka
Aim
Showcase India's aerospace and defence manufacturing capabilities
Advance Aatmanirbhar Bharat
Boost defence exports and foster international industrial partnerships
Context ISRO successfully launched its advanced Earth observation satellite EOS-05 aboard the GSLV-F17 on 4 September 2026 — India's first imaging satellite designed to monitor Earth from geosynchronous orbit, about 36,000 km up.
EOS-05: India’s First Dedicated Geosynchronous Earth-Imaging Satellite
ISRO successfully launched EOS-05 using the GSLV-F17 on 4 September 2026.
It is India’s first Earth-imaging satellite designed for geosynchronous orbit.
The satellite weighs around 2,367 kg, making it the heaviest payload launched by GSLV so far.
EOS-05 is also known as GISAT-1A.
Why is EOS-05 important?
Unlike conventional Earth-observation satellites in Low Earth Orbit (LEO), EOS-05 will operate from geosynchronous orbit, around 36,000 km above Earth.
This allows it to repeatedly observe the same geographical region, providing frequent and near-real-time imagery.
This capability is particularly useful for:
Disaster management
Agriculture
Forestry
Weather and environmental monitoring
Land-use monitoring
Strategic and national-security applications
GSLV-F17
Launch vehicle: GSLV Mk II / GSLV-F17
Developed and operated by: ISRO
Launch site: Satish Dhawan Space Centre, Sriharikota
The mission also demonstrated improved reliability of the GSLV Mk II.
Misc GA
1. Air Marshal Jitendra Mishra as First Full-Time CEO of Ram Temple Trust
Retired Air Marshal Jeetendra Mishra appointed as the first full-time CEO of Shri Ram Janmabhoomi Teerth Kshetra Trust.
He served as Air Officer Commanding-in-Chief, Western Air Command.
Retired from the IAF in April 2026.
He led the Western Air Command during Operation Sindoor.
The Trust also appointed Govind Dev Giri as General Secretary and Mahesh Bhagchandka as Treasurer.
2. RAKSHA Defence Diplomacy Framework
Defence Minister Rajnath Singh released the RAKSHA framework for India’s defence diplomacy.
Provides a 10-year vision for strengthening global defence partnerships.
Four key pillars: Strategic Partnerships, Capacity Building, Indigenous Exports and Maritime Security.
Focuses on India’s role as a Net Security Provider and First Responder in the Indian Ocean Region.
Aims to promote defence cooperation, technology sharing and indigenous defence exports.
3. NIELIT–Intel India Agentic AI Skilling Initiative
NIELIT and Intel India launched programmes to develop an Agentic AI-ready workforce.
Focus is on AI systems capable of reasoning, planning and execution.
Two programmes: Agentic AI for Everyone and Engineering Agentic AI Systems.
Emphasis on government–academia–industry collaboration.
NIELIT functions under MeitY for skill development in electronics and IT.
4. 26th SCO Summit 2026
Held in Bishkek, Kyrgyzstan, from 31 August–1 September 2026.
India was represented by Prime Minister Narendra Modi.
Pakistan received the SCO presidency for 2026–27.
Lahore was designated SCO Tourism and Cultural Capital for 2026–27.
Summit adopted the Bishkek Declaration and approved 28 documents.
5. OSDMA–UNDP–CivicDataLab MoUs
Odisha State Disaster Management Authority signed MoUs with UNDP and CivicDataLab.
UNDP will conduct Hazard, Risk and Vulnerability Assessment (HRVA) across all 30 districts.
CivicDataLab will implement the IDS-DRR platform.
Focus areas include floods, coastal flooding and heatwaves.
Supports Odisha’s Zero Casualty disaster-management approach.
6. BTTF–Premiere Vision SA MoU
Bharat Tex Trade Federation and Premiere Vision SA signed an MoU in Paris.
Aim: shift Indian textile exports from volume-based to high-value and design-led products.
Provides access to international buyers, fashion houses and premium sourcing networks.
Cooperation covers export promotion, sustainability, circularity, traceability and heritage crafts.
A Joint Steering Committee will oversee implementation.
7. GeM–Textiles Committee MoU
Government e-Marketplace (GeM) and Textiles Committee signed an MoU.
Aim to promote recycled and upcycled textile products through government procurement.
Focus on creating a Waste-to-Value-to-Market ecosystem.
Textiles Committee will identify/certify producers and provide standardisation support.
GeM will facilitate market access, producer onboarding and procurement.
Social Issue
1. UN Declares November 27 as International Day for the Elimination of Child Marriage
The United Nations General Assembly adopted a resolution on 4 September 2026 to observe 27 November every year as the International Day for the Elimination of Child Marriage.
The initiative aims to strengthen global efforts to prevent child, early and forced marriage.
Focuses on protecting children’s rights, education, health and overall development.
It highlights the need for stronger laws, social awareness and coordinated action against child marriage.
Misc GA
1. India Backs UN “Correct the Map” Resolution
The UN General Assembly adopted the “Correct the Map” resolution on 4 September 2026.
The resolution addresses cartographic distortions and inaccuracies in world maps.
India voted in favour of the resolution.
The initiative highlights the importance of accurate geographical representation and responsible map-making.
2. Rangpur-Sivasagar Historical Ensemble
The Rangpur-Sivasagar Historical Ensemble of Assam has been added to UNESCO’s World Heritage Tentative List.
It represents the historic capital landscape of the Ahom dynasty, which ruled the Brahmaputra Valley for nearly six centuries.
The ensemble includes important royal, religious, water-management and funerary structures.
India submitted the nomination dossier to UNESCO on 19 June 2026.
3. Adani Defence Signs AK-203 Ammunition Deal
Adani Defence & Aerospace signed a five-year agreement with Indo-Russian Rifles Private Limited.
The agreement covers indigenous 7.62×39 mm ammunition for the AK-203 assault rifle programme.
It supports domestic production of small-calibre ammunition.
The deal strengthens Make in India and defence self-reliance.
4. India–Afghanistan Connectivity
India and Afghanistan share long-standing civilisational, economic and people-to-people ties.
As India has no direct land route to Afghanistan, connectivity depends on transit corridors and strategic ports.
Chabahar Port remains an important connectivity route for India to access Afghanistan and Central Asia.
Connectivity cooperation is important for trade, humanitarian assistance and regional integration.
Five to remember · 5 September 2026
WMO estimates a 75% probability that the 2026–2030 average will exceed 1.5°C. UNEP Limiting Overshoot Report
ICICI Bank acquired an additional 2% stake in ICICI Prudential Life Insurance. ICICI Bank Increases Stake in ICICI Prudential …
ISRO successfully launched its advanced Earth observation satellite EOS-05 aboard the GSLV-F17 on 4 September 2026 — India's first imaging satellite designed to monitor Earth from geosynchronous orbit, about 36,000 km up. ISRO Launches Earth Observation Satellite EOS-05
Provides a 10-year vision for strengthening global defence partnerships. RAKSHA Defence Diplomacy Framework
The agreement covers indigenous 7.62×39 mm ammunition for the AK-203 assault rifle programme. Adani Defence Signs AK-203 Ammunition Deal
Context A medicinal plant traditionally used in East Asian healthcare, Ophiopogon japonicus, has been recorded in India for the first time — discovered in West Kameng district, Arunachal Pradesh.
The Discovery
Recorded at an elevation of 2,185 metres in West Kameng district, Arunachal Pradesh
Documented by researchers from the Wildlife Institute of India (Dehradun) and the Uluberia Botanical Institute Herbarium, West Bengal
Described as a significant find highlighting the biodiversity of the Eastern Himalaya
About the Species
Common names: dwarf lilyturf, mondo grass, fountain plant, monkey grass
Japanese names: ryū-no-hige ("dragon's beard") and ja-no-hige ("snake's beard")
Family: Asparagaceae; order Asparagales — traditionally placed in the lily family, Liliaceae
An evergreen, sod-forming, rhizomatous perennial
Linear, grass-like leaves
Has tuberous roots, which are the medicinally used part
Distribution
Native to China, Japan, Korea, Nepal and Vietnam
Now confirmed in India, widely grown as an ornamental ground-cover plant worldwide
Context The Northern Goshawk (Baaj), Punjab's state bird, has re-entered the political spotlight ahead of state assembly elections, after rival leaders claimed sightings of the bird and interpreted them as symbols of divine protection and blessing.
What It Is
A medium-to-large raptor of the family Accipitridae
Historically classified as Accipiter gentilis; recently reclassified as Astur gentilis for the Eurasian goshawk
Known as a "true hawk", celebrated for its speed, manoeuvrability and prowess in falconry
Habitat and Distribution
Inhabits mature temperate and boreal woodlands — mixed deciduous and coniferous forests
Widely distributed across Eurasia and North America
Ranging from Scandinavia, northern Russia and the Mediterranean to the Himalayas, eastern China and Canada
IUCN status: Least Concern (LC)
Schemes
1. Chhattisgarh Ranked First in Jal Sanchay Jan Bhagidari 3.0
Source: TH
ContextChhattisgarh secured the first position nationally in the third phase of Jal Sanchay Jan Bhagidari (JSJB 3.0) — a community-driven water conservation programme under the Ministry of Jal Shakti's Catch the Rain campaign. Chief Minister Vishnu Deo Sai presented the state's model at a national summit in New Delhi, in the presence of the Prime Minister.
Chhattisgarh's Performance
Completed 77,719 out of 79,775 registered water conservation structures in JSJB 3.0
JSJB 1.0 — ranked second
JSJB 2.0 — ranked second
JSJB 3.0 — moved up to first nationally
About the Campaign
Jal Shakti Abhiyan: Catch the Rain — launched 2019, under the Ministry of Jal Shakti
Theme: "Catch the rain, where it falls, when it falls"
Focus on water-stressed blocks and districts, with works including rainwater harvesting structures, renovation of traditional water bodies, watershed development, reuse and recharge structures, and intensive afforestation
Jal Sanchay Jan Bhagidari is the community-participation component, launched from Gujarat in 2024
2. Melghat and Pench Tiger Reserves: Successful Vulture Reintroduction
Melghat and Pench Tiger Reserves in Maharashtra have emerged as successful sites for captive-bred vulture reintroduction.
The programme has recorded encouraging survival rates among released vultures.
Vultures are important scavengers that help maintain ecosystem cleanliness and control disease spread.
Major threats to vultures include habitat loss, poisoning and veterinary drugs.
3. 9th Rashtriya Poshan Maah 2026
The 9th Rashtriya Poshan Maah 2026 is being launched by the Ministry of Women and Child Development in Varanasi.
The campaign draws on the revised Supplementary Nutrition Programme (SNP) Guidelines.
It is linked with Mission Saksham Anganwadi and Poshan 2.0.
Focus remains on improving nutrition and child development through the Anganwadi system.
RBI Current Affairs
Banking and Finance
1. The Offline Verification Seeking Entity (OVSE) Framework
Context The Punjab School Education Board (PSEB) has become India's first school education board, and Maharishi Dayanand University (MDU), Rohtak, the first university, to onboard UIDAI's Offline Verification Seeking Entity (OVSE) framework.
What OVSE Is
A secure regulatory framework established by the UIDAI
Authorising eligible organisations to carry out local, offline identity verification
Using verifiable digital credentials, rather than querying central identity databases
Nodal body: UIDAI, under the Ministry of Electronics and Information Technology
Aim
Provide a tamper-evident, contactless and privacy-preserving identity verification ecosystem
Reduce operational costs
Eliminate physical document submission
Prevent identity fraud across sectors
2. LIC Gets RBI Approval to Acquire Stake in ICICI Bank
The Reserve Bank of India (RBI) approved Life Insurance Corporation of India (LIC) to acquire a stake in ICICI Bank.
The approval allows LIC to increase its holding within the permitted regulatory limits.
The development is important for the banking and financial-services sector.
The acquisition is subject to applicable RBI regulations and conditions.
3. SEBI–ESMA MoU on Central Counterparties
SEBI and European Securities and Markets Authority (ESMA) signed an MoU to strengthen cooperation regarding Central Counterparties (CCPs).
The agreement replaces the earlier 2017 MoU.
It provides for information sharing and supervisory cooperation between Indian and European regulators.
Indian CCPs can re-apply for recognition under the European EMIR framework.
A CCP acts as an intermediary between buyers and sellers and helps manage counterparty risk.
4. Razorpay–IndusInd Bank Launch ‘RAY’
Razorpay and IndusInd Bank launched RAY, an AI-based conversational account manager on WhatsApp.
It enables businesses and MSMEs to manage payments, transactions, settlements and refunds through chat.
RAY can provide payment insights, alerts and recommendations without requiring a traditional dashboard.
The platform has already recorded more than 20,000 conversations.
It reflects the growing use of AI in digital banking and business payments.
RBI and NABARD Current Affairs
Economy
1. Bank of Canada Unveils New CAD 20 Note
The Bank of Canada unveiled a new CAD 20 banknote featuring King Charles III.
He becomes the first British monarch to appear on Canadian currency in more than seven decades.
The note has a vertical orientation, similar to Canada’s CAD 10 note.
Its reverse side features the Vimy Ridge Memorial in France.
The note is expected to enter general circulation in early 2027.
Social Issue
1. UN Declares November 27 as International Day for Elimination of Child Marriage
The UN General Assembly adopted a resolution to observe 27 November annually as the International Day for the Elimination of Child Marriage.
The initiative focuses on preventing child, early and forced marriage.
It aims to protect children's education, health, rights and development.
It calls for stronger legal measures, awareness and coordinated international action.
Misc GA
1. IIT Madras–UNESCO MGIEP Partnership on AI-Based Learning
IIT Madras and UNESCO MGIEP partnered to develop AI-based immersive learning technologies.
The initiative combines AI, Extended Reality (XR), game design and Social and Emotional Learning (SEL).
Two major objectives are personalised learning and gamified education.
The technology aims to support low-cost and low-bandwidth learning.
The partnership aligns with SDG 4.7 on inclusive and sustainable education.
2. DRDO–University of Hyderabad Patent for BAM-H24
DRDO and the University of Hyderabad’s ACRHEM secured an Indian patent for BAM-H24.
It is a next-generation high-energy material designed for solid rocket propulsion applications.
The material has properties such as high thermal stability and high specific impulse.
It has potential applications in rocket propulsion, missiles and space launch vehicles.
The patent strengthens India’s indigenous capabilities in high-energy materials and strategic technologies.
3. Birkbeck University of London to Establish Bengaluru Campus
Birkbeck, University of London received UGC approval to establish its Bengaluru campus.
The campus will operate under India’s 2023 Foreign Higher Educational Institutions regulations.
It will offer undergraduate and postgraduate programmes, initially focusing on business-related fields.
Degrees will be awarded by the University of London under Birkbeck’s academic oversight.
The initiative supports NEP 2020 and strengthens India–UK higher-education cooperation.
4. Rangpur-Sivasagar Historical Ensemble Added to UNESCO Tentative List
Assam’s Rangpur-Sivasagar Historical Ensemble has entered the UNESCO World Heritage Tentative List.
It represents the capital landscape of the Ahom dynasty.
The Ahoms ruled the Brahmaputra Valley for nearly six centuries.
The ensemble includes royal, religious, water-management and funerary structures.
India submitted the nomination dossier to UNESCO on 19 June 2026.
5. NHAI Green Highways Excellence Awards 2026
NHAI announced the winners of the Green Highways Excellence Awards 2026.
The awards recognise best practices in highway landscaping and plantation management.
They were instituted in 2025 under the Green Highways Policy, 2015.
Awards cover avenue plantations, median plantations and plantation in land parcels.
The initiative promotes greener and more sustainable national highways.
6. National Teachers’ Day 2026
National Teachers’ Day is observed on 5 September every year.
It marks the birth anniversary of Dr. Sarvepalli Radhakrishnan.
He served as India’s second President and first Vice-President.
Teachers’ Day was first celebrated in 1962.
In 2026, National Teachers Awards were presented to recognise excellence in teaching.
7. International Day of Charity 2026
International Day of Charity is observed annually on 5 September.
It was designated by the UN General Assembly in 2012.
The day commemorates the death anniversary of Mother Teresa.
It highlights charitable and humanitarian efforts to address poverty, inequality and social challenges.
The day supports the broader objectives of the Sustainable Development Goals (SDGs).
8. Punjab Launches ‘Pehchaan’ Portal
Punjab launched ‘Pehchaan’, a digital portal for identifying unidentified and unclaimed deceased persons.
Punjab became the first state to implement such a system.
The portal is built on the MedLeaPR system developed by NIC.
It stores photographs, physical characteristics and identification marks of unidentified persons.
It integrates with CCTNS to help match missing-person records with unidentified deceased persons.
9. Tamil Nadu Plans Olympic City in Chennai
Tamil Nadu announced a world-class Olympic City in Chennai.
The project will come up at Semmencheri.
Facilities will include sports arenas, a High-Performance Training Centre, Sports Science Centre and Sports Medicine Centre.
The state will also establish Olympic Centres of Excellence at 10 locations.
A Motor Sports City is also proposed for Formula racing events.
10. International Vulture Day 2026
International Vulture Day highlights the ecological importance of vultures.
Vultures act as natural scavengers by consuming dead animals.
This helps reduce the spread of diseases and maintains ecosystem health.
Vulture populations have declined due to habitat loss, poisoning and harmful veterinary medicines.
Conservation programmes focus on habitat protection, captive breeding and safe reintroduction.
11. New Legless Amphibian Discovered in Maharashtra
Gegeneophis chandgadi is a newly described subterranean caecilian
Found at Buzawade village, Chandgad tehsil, Kolhapur district, Maharashtra
Caecilians are limbless, burrowing amphibians largely found in the Western Ghats
Highlights the Western Ghats' status as a global biodiversity hotspot
12. India and France Inaugurate BAPS Temple in Paris
BAPS Swaminarayan Hindu Mandir in Bussy-Saint-Georges (Seine-et-Marne) inaugurated on 6 September 2026
France's first traditionally designed stone Hindu temple
Largest Hindu temple of its kind in France
Reflects cultural diplomacy and India–France strategic partnership
13. Kimi Antonelli Wins Italian Grand Prix at Monza
Andrea Kimi Antonelli (Mercedes) won the F1 Italian GP on 6 September 2026
First Italian driver to win his home Grand Prix in decades
Monza is one of the oldest and fastest circuits on the F1 calendar
Antonelli is among the youngest race winners in F1 history
Five to remember · 6 & 7 September 2026
NHAI announced the winners of the Green Highways Excellence Awards 2026. NHAI Green Highways Excellence Awards 2026
Teachers’ Day was first celebrated in 1962. National Teachers’ Day 2026
Jal Shakti Abhiyan: Catch the Rain — launched 2019, under the Ministry of Jal ShaktiChhattisgarh Ranked First in Jal Sanchay Jan Bh…
The 9th Rashtriya Poshan Maah 2026 is being launched by the Ministry of Women and Child Development in Varanasi. 9th Rashtriya Poshan Maah 2026
The platform has already recorded more than 20,000 conversations. Razorpay–IndusInd Bank Launch ‘RAY’
Context Union Minister for Agriculture and Farmers' Welfare and Rural Development Shivraj Singh Chouhan chaired a meeting in New Delhi to review the Action Plan for strengthening Krishi Vigyan Kendras (KVKs) through enhanced State participation — focused on implementing recommendations from the 5th Chief Secretaries' Conference 2025.
About KVKs
Krishi Vigyan Kendras — district-level farm science centres, funded by ICAR and hosted by State Agricultural Universities, ICAR institutes, NGOs and state departments
The first KVK was established at Puducherry in 1974
Coordinated regionally through ATARIs — Agricultural Technology Application Research Institutes
Mandate: on-farm testing, frontline demonstrations, capacity building of farmers and extension personnel, and serving as knowledge and resource centres
Focus Areas
Crop production
Horticulture
Animal husbandry
Fisheries
Soil and water management
Farm machinery and technology
Value addition and post-harvest management
2. Next-Gen Aquaculture: RAS and Biofloc Technology
Context A PIB feature on how Recirculatory Aquaculture Systems (RAS) and Biofloc technology are transforming Indian aquaculture under PMMSY, advancing the Blue Economy and the Atmanirbhar Bharat and Viksit Bharat visions.
India's Position in Global Fisheries
Second-largest fish producer — about 8 per cent of global fish production
Second-largest aquaculture producer
Largest producer and exporter of shrimp
Second-largest in capture fisheries
Supports the livelihoods of nearly three crore fishers and fish farmers
What is RAS?
RAS = Recirculatory Aquaculture System
Fish are raised in a controlled environment.
Water is continuously filtered, treated and reused.
Can recycle up to 90–95% of water.
What is Biofloc Technology?
Uses beneficial microorganisms to improve water quality.
Microbes convert fish waste and excess nutrients into microbial biomass.
This biomass can also become an additional food source for fish.
Helps reduce water exchange and improve resource efficiency.
RAS vs Biofloc — Simple Difference
RAS: Mainly depends on mechanical and biological water filtration + recirculation.
Biofloc: Mainly depends on beneficial microbes to manage waste and water quality.
Agriculture
1. Osbeckia ulotricha: New Plant Species Discovered in Western Ghats
Scientists from the Botanical Survey of India (BSI) discovered the new flowering plant species Osbeckia ulotricha in the Agasthyamala Biosphere Reserve.
It occurs in shola grasslands and montane ecosystems of Kerala and Tamil Nadu at around 1,200–1,500 metres elevation.
It belongs to the Melastomataceae family and has distinctive morphological features.
The discovery highlights the floral biodiversity and conservation importance of the Western Ghats.
2. IMF G20 Report on Strong, Sustainable, Balanced and Inclusive Growth
The IMF's latest SSBIG report estimates medium-term G20 growth at only 3%, close to its weakest level since the framework began in 2009.
Around half of G20 advanced economies face growth constraints because of restrictive labour, product or consumer-market regulations.
Nearly three-fourths of G20 emerging-market economies also face regulatory constraints.
The report stresses regulatory and institutional reforms to encourage private investment, public investment and long-term economic growth.
3. PACT Platform Launched for Zero-Emission Freight
NITI Aayog Member Rajiv Gauba launched the Platform for Aggregating Clean Transport (PACT) at the 5th e-FAST India Summit 2026.
PACT aims to aggregate freight demand from shippers, Logistics Service Providers (LSPs) and other stakeholders.
It will help create deployment opportunities for zero-emission trucks across identified freight corridors.
The summit also introduced the ZET Marketplace, bringing together vehicle manufacturers, financiers, charging operators and freight stakeholders.
RBI Current Affairs
Banking and Finance
1. FATF Report on Tech-Driven Hawala Networks
The Financial Action Task Force (FATF) highlighted the transformation of traditional hawala networks into technology-enabled systems.
The combination of virtual assets and hawala has created what is described as “digital hawala”, increasing risks of money laundering and terrorist financing.
Nearly 70% of surveyed jurisdictions reported the use of new technologies in underground banking and hawala-type networks.
FATF stressed stronger investigation, supervision and international cooperation to tackle professional money laundering and underground banking.
2. LIC Gets RBI Approval to Acquire Up to 9.99% in ICICI Bank
The Reserve Bank of India approved Life Insurance Corporation of India (LIC) acquiring up to 9.99% of the paid-up share capital or voting rights of ICICI Bank.
LIC already held around 4.35% of ICICI Bank as of Q1 FY27.
The approval is subject to applicable statutory and regulatory conditions.
LIC must acquire the approved stake within one year from September 4, 2026, otherwise the approval will lapse.
Context Ahead of the 18th BRICS Summit in New Delhi, Chinese Ambassador Xu Feihong proposed a 'POWER' framework for Greater BRICS — calling for stronger Global South cooperation, closer India-China coordination, and collaboration on AI and supply chains.
The Context of Succession
India chairs BRICS in 2026; China takes over in 2027
The framework is pitched as guiding political, financial, technological and developmental cooperation across the two consecutive presidencies
BRICS has evolved from an economic dialogue forum into a leading multilateral platform for the Global South, offering an alternative to Western-dominated institutions such as the G-7
Key Figures
Greater BRICS encompasses nearly half the global population
Contributes about 30 per cent of global GDP, with a PPP share exceeding one-third
Accounts for one-fifth of global trade turnover, controlling production nodes in electronics, steel, critical minerals and agriculture
Five Pillars
Pillar
Focus
Key Measures
P — Principle
Sovereign equality & international law
Uphold UN Charter, non-interference and peaceful dispute resolution
O — Openness
Multilateral trade
Protect WTO rules, MFN treatment and resist protectionist tariff barriers
W — Win-Win
Development
Promote SDGs, local-currency settlements, cross-border payment interoperability and reciprocal credit
E — Engine
Growth & industrialisation
Cooperation in DPI, green technology, smart manufacturing and AI
R — Responsibility
Global South leadership
Use India (2026) and China (2027) presidencies for policy continuity; push reforms of Bretton Woods institutions and UNSC
2. UK Recognises India's Carbon Credit Trading Scheme
Context The United Kingdom has recognised India's Carbon Credit Trading Scheme (CCTS) as a qualifying criterion for pricing relief under its Carbon Border Adjustment Mechanism (CBAM) — a move expected to reduce the tax burden on Indian exporters.
What CBAM Is
A carbon border tax levied on imports of carbon-intensive goods
Its purpose is to prevent carbon leakage — production shifting to countries with weaker climate rules to avoid domestic carbon costs
The importer pays a charge reflecting the carbon embedded in the goods, equalising treatment with domestically produced goods that already bear a carbon price
Typically covers iron and steel, aluminium, cement, fertilisers, hydrogen and electricity
Why Recognition Reduces the Liability
CBAM is designed to charge for carbon that has not already been priced in the country of origin
If an exporter has already paid a carbon price at home, that amount is deducted from the border charge
Recognition of the CCTS means carbon costs paid under India's own scheme now count as a credit against UK CBAM liability
Without recognition, Indian exporters would have paid twice — once under CCTS domestically and again at the UK border
About India's Carbon Credit Trading Scheme
Notified in 2023 under the Energy Conservation (Amendment) Act, 2022
Administered by the Bureau of Energy Efficiency (BEE) under the Ministry of Power
Has two mechanisms:
Compliance mechanism — obligated entities in energy-intensive sectors must meet emission-intensity targets
Offset mechanism — non-obligated entities can register projects and earn tradeable credits
Succeeds the earlier PAT (Perform, Achieve and Trade) scheme
Credits are traded on power exchanges, with the Grid Controller of India as registry and CERC as regulator
Economy
1. IMF Warns of Weak Medium-Term G20 Growth
The IMF estimates medium-term G20 economic growth at around 3%, highlighting a weak global growth outlook.
Restrictive regulations in labour, product and consumer markets are limiting growth in several G20 economies.
Emerging-market economies particularly face institutional and regulatory weaknesses that discourage private and public investment.
The IMF calls for structural, regulatory and institutional reforms to improve productivity and investment.
2. Zero-Emission Freight Push Through PACT
The PACT platform seeks to accelerate the adoption of zero-emission trucks in India's freight sector.
It aggregates freight demand and converts it into opportunities for deployment across specific freight corridors.
The initiative connects shippers, LSPs, manufacturers, financiers and charging-point operators.
It supports India's broader transition towards cleaner and more sustainable transport.
3. Bisleri–SBI Partnership for Plastic Waste Management
Bisleri International partnered with State Bank of India (SBI) under the Bottles for Change initiative.
The partnership promotes segregation, collection and recycling of used plastic.
Awareness and training programmes will be conducted for SBI employees and housekeeping staff.
The initiative supports India's transition towards a circular economy and sustainable workplace practices.
Social Issue
1. UNGA Declares November 27 as International Day Against Child Marriage
The United Nations General Assembly adopted a resolution declaring November 27 as the International Day for the Elimination of Child, Early and Forced Marriage.
India was among the 70 co-sponsors of the resolution, which was adopted without a vote.
The first observance will take place on 27 November 2026.
Countries are encouraged to develop multisectoral national strategies, action plans, laws and policies to eliminate child, early and forced marriage.
2. WhatsApp Introduces Bill Payments Through Bharat Connect
WhatsApp launched a native Bill Payments facility in India through the Bharat Connect network.
Users can pay electricity, gas, water, FASTag, insurance, credit-card and loan bills.
The service provides access to 22,722 billers across 30 categories.
Payments can be made using UPI, debit cards and credit cards, improving the convenience of digital bill payments.
Misc GA
1. Dinamalar Completes 75 Years
Vice President C. P. Radhakrishnan released a commemorative postage stamp marking the 75th anniversary of Dinamalar in Chennai.
Dinamalar was established in 1951 by T. V. Ramasubbaiyer and became an important Tamil-language newspaper.
The Vice President highlighted its contribution to journalism, public service and education.
He also appreciated its Pattam publication aimed at improving students' general awareness, language skills and scientific knowledge.
2. IIT Madras’ Bodhan AI Launches Multilingual AI Models
Bodhan AI, the Centre of Excellence in AI for Education at IIT Madras, launched four multilingual AI models as Digital Public Goods.
The models cover speech recognition, text-to-speech, machine translation and optical character recognition (OCR).
Speech recognition supports 27 languages, while OCR and TTS support 23 languages and translation supports 22 languages.
The models will contribute to India's Bharat Education AI (EduAI) Stack, including tools such as a Student Tutor Bot and Teacher Assistant Bot.
3. Munitions India–Drogo Aerospace MoU for Indigenous UAVs
Munitions India Limited (MIL) signed an MoU with Drogo Aerospace for developing indigenous UAVs and loitering munition systems.
Drogo Aerospace will contribute UAV platforms and payload hardware, while MIL will provide expertise in munitions, explosives, fuzing and warhead technologies.
The partnership includes UAV–munition integration, safety evaluation, field trials and quality certification.
The collaboration is aimed at strengthening India's indigenous defence technology capabilities.
4. Isar Aerospace’s Spectrum Rocket Launch
German startup Isar Aerospace launched its Spectrum rocket from Andøya Spaceport, Norway.
Spectrum is a two-stage orbital launch vehicle designed for small and medium-sized satellites.
The mission carried five CubeSats from European universities and companies.
The launch represents an important development in Europe's private commercial space-launch sector.
5. Ahuti Mk II Becomes India’s Fastest Multirotor UAV
Defence startup Apollyon Dynamics' Ahuti Mk II achieved a certified top speed of 498 km/h.
It surpassed the previous benchmark of around 325 km/h, making it India's fastest multirotor UAV.
The interceptor drone is designed to counter hostile drones and loitering munitions.
The system has undergone testing at Indian Army ranges with support from defence authorities.
6. Italian Grand Prix 2026
Andrea Kimi Antonelli of Mercedes won the 2026 Italian Grand Prix at Monza on 6 September 2026.
He became the first Italian to win the Italian GP in 60 years, since Ludovico Scarfiotti in 1966.
George Russell finished second, while Max Verstappen secured third place.
Antonelli started from 19th position but recovered through an aggressive race strategy to secure victory.
7. International Vulture Awareness Day 2026
International Vulture Awareness Day was observed on 5 September 2026, the first Saturday of September.
The day highlights the ecological importance of vultures and the threats faced by their populations.
The initiative originated in 2006 through collaboration between organisations in South Africa and the United Kingdom.
In India, MoEFCC organised conservation-related events, including a national workshop in Panchkula, Haryana.
8. S. R. Janakiraman Passes Away at 98
Renowned Carnatic vocalist and musicologist S. R. Janakiraman passed away at the age of 98 in Chennai.
He was born on 12 July 1928 in Lalgudi, Tamil Nadu.
He received the Padma Shri in 2011 for his contribution to the arts.
He was widely respected for his lecture-demonstrations, musicological research, writings and contribution to Carnatic music education.
Five to remember · 8 September 2026
The IMF's latest SSBIG report estimates medium-term G20 growth at only 3%, close to its weakest level since the framework began in 2009. IMF G20 Report on Strong, Sustainable, Balanced…
The first KVK was established at Puducherry in 1974Action Plan for Strengthening Krishi Vigyan Ken…
The Reserve Bank of India approved Life Insurance Corporation of India (LIC) acquiring up to 9.99% of the paid-up share capital or voting rights of ICICI Bank. LIC Gets RBI Approval to Acquire Up to 9.99% in…
India chairs BRICS in 2026; China takes over in 2027The BRICS 'POWER' Framework
The first observance will take place on 27 November 2026. UNGA Declares November 27 as International Day …
Context A report by Asia Research and Engagement (ARE) with FICCI projects India's per capita protein consumption will more than triple by 2070, pushing protein-related emissions to more than seven times the estimated climate-safe threshold.
The Consumption Projection
Per capita annual protein consumption: 9.5 kg (2025) → 30 kg (2070)
Dairy forms a significant part of the total
Drivers: population growth, rising incomes, urbanisation, public nutrition programmes, and shifting dietary preferences
Despite the rise, India remains protein insecure and faces dietary inequality
Important Facts for Exams
Report by Asia Research and Engagement (ARE) with FICCI
Protein consumption: 9.5 kg (2025) → 30 kg (2070) per capita per year
Context Five juvenile orangutans were rescued from a forest in Odisha's Balasore district, raising suspicion of international wildlife smuggling — the species is not native to India.
Five juveniles — two females, three males, aged about one to two years
To be shifted to Nandankanan Zoological Park, Bhubaneswar, for quarantine
Investigation handed to the Wildlife Crime Control Bureau (WCCB)
Odisha Forest and Environment Minister: Ganesh Ram Singh Khuntia
Important Facts for Exams
Orangutans are Asia's only great apes
Native only to Borneo and Sumatra
Three species — Bornean, Sumatran, Tapanuli — all Critically Endangered (IUCN)
Tapanuli orangutan, described 2017, is the world's rarest great ape
Great apes: orangutan, gorilla, chimpanzee, bonobo, human
India's only ape: the Hoolock gibbon (Northeast) — a lesser ape
WCCB — statutory body under MoEFCC, established 2007 under the Wildlife (Protection) Act, 1972
Exotic species come under Schedule IV, Wildlife (Protection) Act, after the 2022 amendment giving effect to CITES
Orangutans are in CITES Appendix I — commercial international trade barred
Nandankanan Zoological Park, Bhubaneswar — known for white tigers
3. Four More Indian Sites Added to UNESCO Tentative List
Context The Permanent Delegation of India to UNESCO announced the inclusion of four new Indian cultural heritage sites in the Tentative List of the World Heritage Convention — taking India's total to 73.
Site
State/Region
Key Details
Rangpur-Sivasagar Historic Ensemble
Assam
Pre-modern urban and cultural landscape located in Sivasagar district, about 360 km north-east of Guwahati
Colonial Penal Settlement
Andaman Islands
Established after the 1857 uprising; comprises Chatham Island, Viper Island, Netaji Subhas Chandra Bose Island and Cellular Jail
Nicobarese Cultural Continuity
Nicobar Islands
Located in the Nancowry group of islands; includes Trinket, Katchal, Chowra, Teressa, Kamorta, Nancowrie and Bompoka
Painted Haveli Towns of Shekhawati
Rajasthan
Located in the semi-arid Shekhawati region; spans Sikar, Jhunjhunu and Churu districts
Important Facts for Exams
All four new additions are Cultural
Sivasagar was the capital of the Ahom kingdom; the Moidams of Charaideo were inscribed as a World Heritage Site in 2024
Cellular Jail, Port Blair — the Kala Pani penal colony
Netaji Subhas Chandra Bose Island was formerly Ross Island; Chatham Island houses one of Asia's oldest sawmills
Nicobar's Nancowry group — inhabited by the Nicobarese, a Scheduled Tribe; the Shompen are a Particularly Vulnerable Tribal Group of Great Nicobar
Shekhawati havelis are known for their painted frescoes, built by Marwari merchant families
A site must be on the Tentative List for at least one year before nomination for inscription
India has 44 inscribed World Heritage Sites — 36 cultural, 7 natural, 1 mixed (Khangchendzonga)
India's most recent inscriptions: Moidams of the Ahom Dynasty (2024) and the Maratha Military Landscapes (2025)
UNESCO — headquartered at Paris; the World Heritage Convention dates to 1972
India's nodal body for cultural nominations: the Archaeological Survey of India, under the Ministry of Culture
RBI Current Affairs
Banking and Finance
1. Coastal Local Area Bank Gets Scheduled Bank Status
The RBI included Coastal Local Area Bank Limited, based in Vijayawada, in the Second Schedule of the RBI Act, 1934.
This gives the bank the status of a Scheduled Bank.
Coastal Local Area Bank was India’s first Local Area Bank (LAB).
Scheduled status allows access to RBI liquidity facilities and money-market operations.
Despite the new status, it will continue to operate as a Local Area Bank.
2. ADB Signs First Transaction Advisory Services Mandate in India with Madhya Pradesh
The Asian Development Bank (ADB) signed its first Transaction Advisory Services (TAS) mandate in India with the Madhya Pradesh Government on 7 September 2026.
The objective is to develop renewable-energy projects through Public-Private Partnerships (PPPs).
The projects could attract up to US$1 billion in private investment.
ADB will assist in project preparation, financial structuring, procurement and tender development.
A solar power facility with Battery Energy Storage System (BESS) at Shajapur is among the projects being developed.
3. Bandhan Bank and Mastercard Launch Four-Tier Credit Card Portfolio
Bandhan Bank and Mastercard launched a four-tier credit card portfolio.
The four variants are Sparks, Ignite, Flare and Lumina.
The cards provide benefits across grocery, apparel, travel, dining, entertainment and international spending.
Customers can apply through digital channels as well as bank branches.
The initiative aims to expand Bandhan Bank’s presence in the retail credit-card segment.
4. Ministry of Finance Secures US$1 Billion IFC Funding for MSME Credit
The Ministry of Finance secured US$1 billion in funding support from the International Finance Corporation (IFC) to strengthen long-term credit availability for MSMEs.
US$500 million has already been provided to SIDBI, while another US$500 million will come through a lender syndicate.
The funds were converted into Indian rupees through the RBI’s special swap window.
SIDBI can provide on-lending for up to seven years.
Key beneficiary sectors include automobiles, engineering, electronics, textiles and food processing.
RBI and NABARD Current Affairs
1. The National Commission for Safai Karamcharis (NCSK)
Source: PIB
Context The Department of Social Justice and Empowerment appointed Bhagwat Prasad Makwana as Chairperson, Kaishab Bihari as Vice-Chairperson, and three Members to the NCSK — effective until 31 March 2028, completing the tenure of the present 10th Commission.
What NCSK Is
A non-statutory body under the Ministry of Social Justice and Empowerment
Mandated to look after the welfare, dignity, socioeconomic rehabilitation and rights of Safai Karamcharis and manual scavengers
Aim
Eliminate social, economic and occupational inequalities faced by Safai Karamcharis and their dependents
ContextSeven core OPEC+ nations decided in a virtual meeting to keep their crude oil output targets unchanged for October — amid global economic uncertainty and continuing supply disruptions across the Middle East and the Strait of Hormuz.
What OPEC+ Is
An expanded coalition of OPEC member states and key non-OPEC oil-exporting nations
Working collectively to regulate crude oil supply and manage global energy markets
Formed in late 2016 through the Declaration of Cooperation, signed in Vienna, Austria
Membership
OPEC members include Saudi Arabia, Iraq, Kuwait, Algeria, Nigeria, Venezuela and others
Non-OPEC partners include Russia, Kazakhstan, Oman, Azerbaijan, Bahrain, Brunei, Malaysia, Mexico, South Sudan and Sudan
Important Facts for Exams
OPEC founded 1960, at the Baghdad Conference; headquartered at Vienna, Austria
Founding five: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela
OPEC+ formed late 2016 via the Declaration of Cooperation, Vienna
Trigger for OPEC+: the US shale surge of 2014–16 crashing prices
JMMC — Joint Ministerial Monitoring Committee, which reviews compliance and market conditions
Seven Sisters — the dominant Western oil majors before OPEC
Angola exited OPEC in 2024; Qatar left in 2019; Indonesia suspended membership
Strait of Hormuz — between Iran and Oman, connecting the Persian Gulf to the Gulf of Oman; roughly a fifth of global oil passes through it
Other chokepoints: Strait of Malacca, Bab el-Mandeb, Suez Canal, Panama Canal, Turkish Straits
India imports over 85 per cent of its crude; major suppliers include Iraq, Saudi Arabia, Russia and the UAE
India is a member of the International Energy Agency (IEA) as an association country, not OPEC
India maintains Strategic Petroleum Reserves at Visakhapatnam, Mangaluru and Padur
Context The United Kingdom officially recognised India's Carbon Credit Trading Scheme (CCTS) as a qualifying carbon pricing framework under its Carbon Border Adjustment Mechanism (CBAM) — reducing the effective CBAM liability on Indian exports.
What CCTS Is
A national market-based mechanism establishing the Indian Carbon Market (ICM)
Prices greenhouse gas emissions, issues tradable Carbon Credit Certificates (CCCs), and drives industrial decarbonisation
Notified June 2023 under the Energy Conservation (Amendment) Act, 2022
Detailed compliance regulations adopted July 2024
Aim
Accelerate decarbonisation of the Indian economy
Fulfil India's Nationally Determined Contributions under the Paris Agreement
Incentivise emission cuts in energy-intensive sectors through a transparent carbon-trading exchange
4. e-FAST India and the PACT Platform
Source:News on Air Category: RBI and NABARD Current Affairs → Economy in News
Context NITI Aayog's e-FAST India initiative launched the Platform for Aggregating Clean Transport (PACT) alongside the ZET Marketplace at the 5th e-FAST India Summit 2026.
What e-FAST India Is
Electric Freight Accelerator for Sustainable Transport – India
India's first national collaborative platform dedicated to freight electrification
Focused particularly on the medium- and heavy-duty vehicle (MHDV) segment
Nodal body: NITI Aayog
Aim
Decarbonise road freight transport
Bridge market barriers for zero-emission trucks (ZETs)
Move freight logistics from isolated pilots to commercially viable, large-scale deployment
Support India's Net-Zero 2070 target
5. BRICS Chief Justices' Forum and Related Events Under India's Presidency
Context The Supreme Court of India hosted the BRICS Chief Justices' Forum from 4 to 6 September 2026 in New Delhi, as part of India's 2026 BRICS Presidency.
Other BRICS Events Under India's 2026 Presidency
14th BRICS Science Ministerial Meeting — Chennai, Tamil Nadu; chaired by Dr Jitendra Singh, MoS (IC), Ministry of Science and Technology
BRICS Sports Ministers' Meeting — Visakhapatnam, Andhra Pradesh; chaired by Dr Mansukh Mandaviya, Ministry of Youth Affairs and Sports
BRICS Friendship Cycling Event — Visakhapatnam; led by Dr Mansukh Mandaviya and MoS Raksha Khadse
8th BRICS Working Group Meeting on Ocean and Polar Science and Technology (OPST) — Goa; organised by the Ministry of Earth Sciences
18th BRICS Academic Forum — Lucknow, Uttar Pradesh; theme "Building for Resilience, Innovation, Cooperation and Sustainability"
Important Facts for Exams
India holds the BRICS Presidency in 2026; China takes over in 2027
The 18th BRICS Summit is to be held in New Delhi
Chief Justice of India: Surya Kant
Event venues to remember: Chief Justices' Forum — New Delhi; Science Ministerial — Chennai; Sports Ministers' Meeting and Friendship Cycling — Visakhapatnam; Ocean and Polar Science WG — Goa; Academic Forum — Lucknow
Academic Forum theme: "Building for Resilience, Innovation, Cooperation and Sustainability"
BRICS — proposed as a concept by Jim O'Neill (Goldman Sachs, 2001); first summit Yekaterinburg, 2009; South Africa joined 2010
Now a 10-member grouping after expansion — original five plus Egypt, Ethiopia, Iran, UAE and Indonesia
New Development Bank — headquartered at Shanghai; proposed by India at the 4th BRICS Summit, New Delhi, 2012; signed at Fortaleza, 2014
Contingent Reserve Arrangement — $100 billion
BRICS accounts for nearly half the world's population, about 30 per cent of global GDP, and about 20 per cent of global trade
India has hosted BRICS summits in 2012, 2016 and 2021
Social Issue
1. NCSK Gets New Chairperson and Members
The Government appointed Bhagwat Prasad Makwana as the new Chairperson of the National Commission for Safai Karamcharis (NCSK).
Kaishab Bihari was appointed Vice-Chairperson.
Other members include Manoj Kumar Balmiki, Sushma Gaudiyal and Ravi Ramu Kalose.
Their tenure will continue up to 31 March 2028.
NCSK works towards the welfare, rehabilitation and protection of sanitation workers.
Misc GA
1. Adani Defence Signs Five-Year Ammunition Supply Pact for AK-203
Adani Defence signed a five-year ammunition supply agreement related to the AK-203 rifle programme.
The ammunition is of the 7.62×39 mm category used with the AK-203.
The production ecosystem includes Adani Defence facilities in Kanpur, while AK-203 rifles are manufactured at Korwa in Amethi, Uttar Pradesh.
The Ministry of Defence had contracted for 6,01,427 AK-203 rifles.
The development is part of India’s broader push towards indigenisation of defence production.
2. Dr Vinaya Prakash Singh Re-elected Secretary-General of APPU
Dr Vinaya Prakash Singh, a 1988-batch Indian Postal Service officer, was re-elected Secretary-General of the Asian-Pacific Postal Union (APPU).
He was re-elected unopposed during the 14th APPU Congress in Bangkok.
His second term will run from January 2027 to December 2030.
He first assumed the position in January 2023.
APPU promotes postal cooperation among countries in the Asia-Pacific region.
3. Satwik–Chirag Win China Masters 2026
Indian men’s doubles pair Satwiksairaj Rankireddy and Chirag Shetty won the 2026 China Masters.
They defeated China’s He Jiting and Ren Xiangyu in the final.
They became the first Indian men’s doubles pair to win the China Masters since 2005.
It was their second title of 2026, after the Singapore Open Super 750.
The victory also took their total to 10 BWF World Tour titles.
4. Marcos Llorente Retires from International Football
Spanish footballer Marcos Llorente announced his retirement from international football at the age of 31.
He represented Spain in 27 international matches.
His decision came after Spain’s victory at the 2026 FIFA World Cup.
Llorente has also played for Real Madrid, Alavés and Atlético Madrid.
5. Sudivya Kumar Sonu Passes Away
Sudivya Kumar Sonu, a Jharkhand minister and JMM leader, passed away at the age of 56.
He represented the Giridih Assembly constituency and had won the seat in 2019 and 2024.
He handled portfolios including Urban Development, Higher and Technical Education, Tourism, Art & Culture, Sports and Youth Affairs.
He was associated with the Jharkhand Mukti Morcha (JMM).
6. Vice-President Releases Books on Bhupen Hazarika and Assamese Lexicography
Vice-President C. P. Radhakrishnan released two books related to Assamese culture and literature.
One book is “Bhupen Hazarika: Hundred Years of a Wandering Songs”, edited by Ankuran Dutta and Nani Gopal Mahanta.
The second is the 5th revised and enlarged edition of “Chandrakanta Abhidhan”, an Assamese dictionary.
Bhupen Hazarika was awarded the Bharat Ratna posthumously in 2019.
He had earlier received the Padma Vibhushan in 2012 and Dadasaheb Phalke Award in 1992.
7. World Duchenne Awareness Day 2026
World Duchenne Awareness Day was observed on 7 September 2026.
The 2026 theme is “Family: the heart of care.”
The observance focuses on Duchenne muscular dystrophy (DMD) and the challenges faced by affected individuals and their families.
The United Nations General Assembly adopted Resolution A/RES/78/12 on 29 November 2023 recognising the observance.
The first UN-recognised World Duchenne Awareness Day was observed in 2024.
Five to remember · 9 September 2026
The Asian Development Bank (ADB) signed its first Transaction Advisory Services (TAS) mandate in India with the Madhya Pradesh Government on 7 September 2026. ADB Signs First Transaction Advisory Services M…
BRICS — proposed as a concept by Jim O'Neill (Goldman Sachs, 2001); first summit Yekaterinburg, 2009; South Africa joined 2010BRICS Chief Justices' Forum and Related Events …
Angola exited OPEC in 2024; Qatar left in 2019; Indonesia suspended membershipOPEC+
He first assumed the position in January 2023. Dr Vinaya Prakash Singh Re-elected Secretary-Ge…
Indian men’s doubles pair Satwiksairaj Rankireddy and Chirag Shetty won the 2026 China Masters. Satwik–Chirag Win China Masters 2026
Agriculture 4 · Schemes 4 · Reports & Articles 2 · Banking and Finance 4 · Economy 3 · Social Issue 2 · Misc GA 15
NABARD Current Affairs
Agriculture
1. High-Productivity Crop Diversification and Horticulture
Source: Sansad TV
Context The Union Budget 2026-27 emphasised a crop-specific, regionally differentiated agricultural policy framework to accelerate high-productivity crop diversification — moving beyond cereal monocropping toward high-value horticulture, plantation crops and agroforestry.
What Crop Diversification Means
Transitioning land use from monoculture systems — notably the water-intensive paddy-wheat rotation — toward pulses, oilseeds, horticulture and commercial tree crops
Horticulture is the cornerstone, generating higher GVA per unit of land, optimising water use, and building climate resilience
Important Facts for Exams
Decadal agricultural growth: 4.45 per cent
Horticulture: 37 per cent of crop sub-sector gross value output; production 370.74 mt (2024-25) — vegetables 217.80, fruits 117.65, others 35.29
India is second globally in fruits and vegetables; first in onions and shallots (22.42 per cent)
Horticulture production has exceeded foodgrain production since 2012-13
Coconut: second in output (22.44 per cent), third in area; 13.97 mt across 2.19 mn ha; yield 6.36 t/ha
Kerala — largest area; Tamil Nadu — highest production; Andhra Pradesh — highest yield
Coconut Development Board — headquartered at Kochi, under the Ministry of Agriculture
Agarwood — from Aquilaria species; yields oud oil; nearly 150 million trees, over 90 per cent in the Northeast; regulated under CITES Appendix II
Context Union Minister for New and Renewable Energy Pralhad Joshi said the second phase of PM-KUSUM is likely to be announced shortly — speaking at the curtain raiser for the 7th Agrivoltaics World Conference 2026.
What Agrivoltaics Is
Combining agricultural activity with solar power generation on the same land
Panels are mounted raised or spaced so crops grow beneath or between them
The land yields both a crop and electricity, instead of one or the other
3. ASEAN–India Ministerial Meeting Focuses on Food Security
The 9th ASEAN–India Ministerial Meeting on Agriculture and Forestry (AIMMAF) was held in New Delhi on 9 September 2026.
The meeting focused on agriculture, forestry and food security cooperation between India and ASEAN countries.
It is important for strengthening regional cooperation in sustainable agriculture, food security and agricultural development.
The meeting was co-chaired by Francisco P. Tiu Laurel, Secretary of Agriculture of the Philippines, and India’s representative.
4. Dr. Karim Maredia Wins 2026 Borlaug CAST Communication Award
Dr. Karim Maredia, an Indian-American agricultural scientist, was named the winner of the Borlaug CAST Communication Award 2026.
He is Associate Dean and Director of the World Agriculture Center at Michigan State University.
Over more than 30 years, he has trained 15,000+ professionals from 80 countries and contributed extensively to agricultural knowledge and technology transfer.
The award honours communication and outreach in agricultural science and technology and is associated with the legacy of Nobel laureate Norman Borlaug.
Schemes
1. Skill Manthan on Women’s Livelihoods
The Ministry of Skill Development and Entrepreneurship (MSDE) organised the virtual inaugural session of Skill Manthan on 9 September 2026.
The initiative focuses on women's livelihoods, skills and employment opportunities.
It provides a platform to discuss challenges and opportunities related to women's participation in the workforce.
The programme is relevant to India's broader objectives of skill development and inclusive economic growth.
2. Chhattisgarh Approves ₹500 Crore NIPUN Mission
The Chhattisgarh Cabinet approved the Chief Minister’s Startup and NIPUN Mission with a budget of ₹500 crore for five years.
The mission aims to promote startups, entrepreneurship and skill development in the State.
It seeks to create greater opportunities for young people and entrepreneurs.
The initiative is linked with strengthening the State's innovation and employment ecosystem.
3. PM-SETU Approves ₹735.70 Crore for Three ITI Clusters
The 5th National Steering Committee meeting under PM-SETU approved investments worth ₹735.70 crore for three ITI clusters.
The clusters are located in Bhiwadi (Rajasthan), Medchal (Telangana) and Meerut (Uttar Pradesh).
The latest approvals take the total sanctioned investment under PM-SETU to ₹2,171 crore across 9 ITI clusters.
The approved investments are ₹241 crore for Rajasthan, ₹254.30 crore for Telangana and ₹240.40 crore for Uttar Pradesh.
4. Mukhyamantri Yuva Bhavishya Nirman Yojana
Uttarakhand Chief Minister Pushkar Singh Dhami launched the scheme to provide free online coaching and study resources for competitive examinations.
The first phase will provide free coaching to 11,000 students.
It covers examinations such as UPSC, State PSC, SSC, Railways, Banking, Defence, NET, GATE, CAT and MAT.
Eligible students include those from government and government-aided institutions, state universities and recent graduates/postgraduates.
Reports & Articles
1. India’s Nuclear Warheads Estimated at 190
International assessments estimate that India possessed around 190 nuclear warheads in 2026.
The estimates have been reported by the Federation of American Scientists (FAS) and the Stockholm International Peace Research Institute (SIPRI).
The development is relevant to India's nuclear deterrence and strategic security.
India maintains a policy of credible minimum deterrence and No First Use.
2. DFPD–FCI MoU for Modernisation of Foodgrain Management
The Department of Food & Public Distribution (DFPD) and Food Corporation of India (FCI) signed an MoU for FY 2026–27.
The agreement sets performance targets covering storage, logistics, quality control and technology adoption.
It focuses on reducing storage losses, improving supply-chain management and optimising storage capacity.
It also provides for capacity building and skill development of FCI employees to adopt modern foodgrain management technologies.
RBI Current Affairs
Banking and Finance
1. RBI Approves Payment Aggregator and Bank Stake Proposals
RNFI Services Ltd. received in-principle RBI authorisation to operate as a Payment Aggregator-Physical (PA-P).
The authorisation will allow RNFI to provide physical/in-store payment services through its existing distribution network.
PB Pay Private Limited, a subsidiary of PB Fintech, commenced commercial operations as a Payment Aggregator after receiving RBI authorisation.
RBI also approved ICICI Prudential Asset Management Company acquiring up to 9.95% of the paid-up share capital or voting rights of CSB Bank.
2. Niyo Gets GIFT City Licence for Cross-Border Financial Services
Fintech platform Niyo received a Payment Service Provider (PSP) licence from IFSCA to operate from GIFT City, Gujarat.
The licence provides Niyo with a regulated base for developing international financial services.
Its planned services will cover areas such as overseas education, employment, global spending and cross-border money movement.
Niyo plans to combine its digital platform with physical branches for digital and assisted financial services.
RBI and NABARD Current Affairs
1. The Asian-Pacific Postal Union (APPU)
Source: PIB
ContextDr Vinaya Prakash Singh, a senior Indian Postal Service (IPoS) officer, was re-elected unopposed by acclamation as Secretary-General of the APPU for a second consecutive four-year term, 2027–2030.
What APPU Is
An intergovernmental organisation of 32 member countries across the Asia-Pacific
Functions as a Restricted Union — a regional union — under Article 8 of the Universal Postal Union (UPU) Constitution
The UPU is a specialised agency of the United Nations
Headquartered at Bangkok, Thailand — relocated from Manila in 2002
Aim
Extend, facilitate and improve postal relations among member states
Coordinate cross-border logistics and regulatory standards
Promote technical cooperation and modernisation of postal networks across the Asia-Pacific
Important Facts for Exams
Secretary-General: Dr Vinaya Prakash Singh (India), re-elected for 2027–2030 — a second consecutive term
32 member countries; headquartered at Bangkok, moved from Manila in 2002
Founded 1 April 1962 as the Asian-Oceanic Postal Union; renamed via the Asian-Pacific Postal Convention, Yogyakarta, 27 March 1981; in force 1 July 1982
A Restricted Union under Article 8 of the UPU Constitution
UPU — Universal Postal Union, founded 1874 by the Treaty of Bern; headquartered at Berne, Switzerland; the second-oldest international organisation
The UPU became a UN specialised agency in 1948
India joined the UPU in 1876
India Post operates the world's largest postal network, with over 1.5 lakh post offices, about 90 per cent in rural areas
2. Mount Anak Krakatau
Source: The Print
Context A series of intense volcanic eruptions at Indonesia's Mount Anak Krakatau blanketed Jakarta and surrounding provinces in dense ash clouds, forcing suspension of flights at Jakarta airport.
What It Is
An active volcanic island and stratovolcano, featuring a pyroclastic cone
The name means "Child of Krakatoa" in Indonesian
Formation and Origin
Emerged within the marine caldera created by the catastrophic 1883 VEI-6 eruption of Krakatoa, which destroyed two-thirds of the original island
Submarine eruptive activity began in early 1927
Repeated cycles of basaltic accumulation breached the ocean surface, rising permanently above sea level on 11 August 1930
Important Facts for Exams
Anak Krakatau — "Child of Krakatoa"; in the Sunda Strait, between Java and Sumatra, Indonesia
Emerged from the caldera of the 1883 Krakatoa eruption (VEI-6); rose above sea level on 11 August 1930
Lies within Ujung Kulon National Park, a UNESCO World Heritage Site and last refuge of the Javan rhinoceros
On the Pacific Ring of Fire; about 700 km north of the Sunda Trench
Indo-Australian Plate subducts beneath the Sunda Plate — a convergent boundary
December 2018 flank collapse caused the Sunda Strait tsunami — a volcanogenic tsunami, not seismic, which is why no earthquake warning preceded it
VEI — Volcanic Explosivity Index, a 0–8 logarithmic scale
The Union Cabinet approved eight railway multitracking projects across nine States with an estimated cost of ₹20,804 crore.
The projects involve construction of additional railway lines and doubling of existing lines to improve capacity and connectivity.
Major projects include Arakkonam–Renigunta, Whitefield–Bangarapet, Hosur–Omalur and Salem–Karur–Dindigul.
The investment is expected to support freight movement, passenger transport, employment and regional economic development.
2. Karnataka Aerospace Policy 2026–2031
The Karnataka Cabinet approved the Karnataka Aerospace Policy 2026–2031 on 9 September 2026.
The policy covers aerospace, defence, aviation and space research and development.
It aims to attract investment and strengthen Karnataka's position as a major aerospace and defence hub.
The policy is expected to promote industrial development, innovation and employment in high-technology sectors.
3. GalaxEye Becomes First Indian Startup to Secure US Patent for Satellite Imaging
Bengaluru-based GalaxEye received a US patent for its OptoSAR satellite imaging technology.
OptoSAR combines optical and Synthetic Aperture Radar (SAR) sensors for coordinated satellite imaging.
The technology has applications in agriculture, national security, infrastructure, insurance, maritime intelligence and disaster management.
GalaxEye, founded in 2021, is an Indian space-tech startup.
Social Issue
1. Article 371(K) Proposed for Ladakh
The Union Ministry of Home Affairs proposed a new constitutional provision described as Chapter K under Article 371 for Ladakh.
The proposal was discussed in a sub-committee meeting on 9 September 2026.
The move relates to providing greater constitutional protection and safeguards for Ladakh.
Article 371 provisions provide special arrangements for specific States; the proposed framework would address the unique administrative and socio-cultural concerns of Ladakh.
2. Stanzin Tsangyang Becomes Kargil’s First Woman Army Officer
Stanzin Tsangyang was commissioned into the Indian Army on 5 September 2026 at the Officers Training Academy in Chennai.
She became the first woman officer from the Zanskar region of Ladakh.
Her commissioning represents an important development in women's participation in the armed forces.
It also highlights increasing opportunities for women from remote and border regions to enter national services.
Misc GA
1. Sheetal Devi Wins Gold at World Archery Para Series
Sheetal Devi, India's armless para-archer, won two medals, including a gold medal, at the World Archery Para Series in Ahmedabad.
She won the women's individual compound gold after defeating Kazakhstan's Seidan Aizada in a shoot-off.
Sheetal also won compound mixed team bronze with Toman Kumar.
India finished second in the medal table with 15 medals — 4 gold, 3 silver and 8 bronze, behind Czechia.
2. 22nd India–US Yudh Abhyas 2026
The 22nd edition of Yudh Abhyas, the annual India–US bilateral military exercise, began on 9 September 2026.
The exercise is being conducted in a two-theatre format and will continue until 28 September 2026.
It aims to improve interoperability, joint operational capability and military cooperation between the two countries.
Yudh Abhyas is an important component of the growing India–US defence partnership.
3. INS Udaygiri Visits Colombo
Indian Navy's indigenously built stealth frigate INS Udaygiri arrived at Colombo Port, Sri Lanka, on 8 September 2026.
The visit is part of a three-day operational turnaround.
It strengthens maritime cooperation and naval engagement between India and Sri Lanka.
INS Udaygiri is an important example of India's growing indigenous naval shipbuilding capability.
4. India–Sri Lanka Sign MoUs to Upgrade L70 Guns
India and Sri Lanka signed three defence Memoranda of Understanding (MoUs) in Colombo on 9 September 2026.
The agreements focus on upgrading L70 anti-aircraft guns of the Sri Lankan military.
The cooperation reflects India's role as a defence partner and security provider in the Indian Ocean region.
It further strengthens India–Sri Lanka defence cooperation and military-to-military ties.
5. Munitions India–Drogo Aerospace MoU for Indigenous UAVs
Munitions India Limited (MIL) signed an MoU with Drogo Aerospace for indigenous UAV and loitering munition development.
Drogo Aerospace will work on UAV platforms and payload hardware, while MIL will contribute expertise in munitions and warhead technologies.
The partnership will cover integration, safety evaluation, field trials and quality certification.
It supports India's objective of achieving greater self-reliance in defence technology and manufacturing.
6. AASHVAST Lab Set Up by Indian Army to Detect Chinese Components in Drones
The Indian Army established the AASHVAST Lab at DG EME headquarters in New Delhi.
The lab is designed to detect Chinese components and assess vulnerabilities in unmanned systems such as drones.
It uses air-gapped and read-only systems, allowing equipment to be examined without writing information onto it.
The facility aims to improve cyber resilience, defence-platform security and operational readiness.
7. India–Japan Conduct Veer Guardian 2026 Air Exercise
The Indian Air Force and Japan Air Self-Defence Force conducted the 2nd edition of Veer Guardian 2026 at Jodhpur, Rajasthan.
The exercise is being held from 9–22 September 2026.
India is participating with Tejas, Su-30 MKI and Rafale, while Japan is participating with F-2A fighter aircraft.
The exercise focuses on interoperability, tactical proficiency and operational synergy between the two air forces.
8. Goa Police Receives President’s Colour
Union Minister Amit Shah presented the President’s Colour to the Goa Police in Panaji.
The honour recognises more than 80 years of service, courage and professionalism of the Goa Police.
Goa Police has also introduced an AI-based call agent for the cybercrime helpline 1930.
The AI system initially supports Konkani, Marathi and Hindi, with plans to expand to all 22 languages in the Eighth Schedule.
Vinai Kumar Saxena, Lieutenant Governor of Ladakh, was given additional charge of the Lieutenant Governor of Jammu & Kashmir.
He will perform the functions during the absence of incumbent Manoj Sinha.
Saxena will continue to serve as Lieutenant Governor of Ladakh while handling the additional responsibility.
He will also administer the oath to Justice Pushpendra Singh Bhati, the newly appointed Chief Justice of the High Court of Jammu & Kashmir and Ladakh.
10. DRDO Launches SHIELD Programme for Microwave Defence Testing
DRDO launched the SHIELD programme to strengthen India's capabilities in high-power microwave and directed-energy technologies.
The programme is being undertaken under the Technology Development Fund (TDF).
It will test the vulnerability of electronic systems to high-power microwave attacks and encourage private-sector participation.
The system uses Gallium Nitride-based solid-state power amplifier technology and is designed for flexible testing, including drone-mounted applications.
11. New Lichen Species Buellia maharajensis Discovered in Kerala
Researchers discovered the new lichen species Buellia maharajensis in Mathikettan Shola National Park, Kerala.
The species was found at an altitude of around 1,351 metres and belongs to the Caliciaceae family.
It is a saxicolous lichen, meaning it grows on rocks.
A survey of the park recorded around 250 lichen species, including several first-time records for Kerala and India.
12. India Finishes Fourth at Pickleball World Cup 2026
India finished fourth at the Pickleball World Cup 2026 held in Da Nang, Vietnam.
The Indian contingent won 41 medals, including 7 gold, 17 silver and 17 bronze.
Vietnam topped the medal standings, followed by South Korea and the United States.
India improved from seventh position in the previous edition to fourth position in 2026.
13. Tung Chee-hwa Passes Away at 89
Tung Chee-hwa, Hong Kong's first post-colonial leader, passed away at the age of 89.
He became Hong Kong's leader after the end of British rule in 1997 and served until 2005.
He was involved in the drafting process of Hong Kong's Basic Law, its constitutional framework.
He later served as Vice-Chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).
14. International Day of Clean Air for Blue Skies 2026
The International Day of Clean Air for Blue Skies was observed on 7 September 2026.
The 2026 theme was “Clean Air for Climate Action”.
The United Nations General Assembly designated 7 September as the observance through Resolution 74/212 in 2019.
In India, MoEFCC observed the day as Swachh Vayu Diwas 2026.
15. International Day of Police Cooperation 2026
The International Day of Police Cooperation is observed annually on 7 September.
The 2026 theme was “Protecting against Vulnerability – Building Trust and Legitimacy in Policing.”
The UN General Assembly proclaimed the day through Resolution A/RES/77/241 in 2022.
The first observance was held in 2023, marking the 100th anniversary of the establishment of INTERPOL's predecessor.
Five to remember · 10 September 2026
The Ministry of Skill Development and Entrepreneurship (MSDE) organised the virtual inaugural session of Skill Manthan on 9 September 2026. Skill Manthan on Women’s Livelihoods
Horticulture: 37 per cent of crop sub-sector gross value output; production 370.74 mt (2024-25) — vegetables 217.80, fruits 117.65, others 35.29High-Productivity Crop Diversification and Hort…
Related: PM Surya Ghar Muft Bijli Yojana (rooftop solar), PM Surya Sarovar Yojana (floating solar, ₹5,070 crore, 5,000 MW), National Solar MissionPM-KUSUM 2.0 Likely to Be Announced Soon
The Chhattisgarh Cabinet approved the Chief Minister’s Startup and NIPUN Mission with a budget of ₹500 crore for five years. Chhattisgarh Approves ₹500 Crore NIPUN Mission
The 5th National Steering Committee meeting under PM-SETU approved investments worth ₹735.70 crore for three ITI clusters. PM-SETU Approves ₹735.70 Crore for Three ITI Cl…
Agriculture 5 · Schemes 1 · Reports & Articles 1 · PIB 1 · Banking and Finance 3 · Economy 5 · Social Issue 3 · Misc GA 3
NABARD Current Affairs
Agriculture
1. UNCCD COP17
Source: UNCCD
Context The 17th Conference of the Parties (COP17) to the UNCCD concluded in Ulaanbaatar, Mongolia, under the theme "Restoring Land, Restoring Hope" — focused on rangeland conservation, drought financing and community-led restoration, amid deadlock over a binding global drought treaty.
About the UNCCD
Established following the 1992 Rio Earth Summit
The sole legally binding international agreement linking environment and development to sustainable land management
COP17 coincided with the UN International Year of Rangelands and Pastoralists, placing pastoral communities and fragile open ecosystems at the centre of the Land Degradation Neutrality (LDN) agenda
UNCCD — adopted Paris, 17 June 1994; one of the three Rio Conventions with the UNFCCC and CBD; the only legally binding agreement on land management; 197 Parties
LDN corresponds to SDG target 15.3
UNCCD's finance arm: the Global Mechanism; India hosted COP14 at New Delhi in 2019
40 per cent of global land degraded; Mongolia 77 per cent
Drought becomes a standalone agenda item from COP18
About 30 per cent of India's land is degraded (SAC-ISRO Atlas)
Orans — sacred groves of Rajasthan, community-conserved
2026 is the International Year of Rangelands and Pastoralists
2. 9th Rashtriya Poshan Maah 2026
Source: PIB
Context Union Minister Annapurna Devi, Ministry of Women and Child Development, launched the 9th Rashtriya Poshan Maah — a month-long nationwide campaign on nutrition awareness, community participation and grassroots delivery — at the Rudraksh International Cooperation and Convention Centre, Varanasi, Uttar Pradesh.
Key Details
Observed from 9 September to 8 October 2026
Central theme: "Hamari Anganwadi Hamari Jimmedari" — calling on every citizen to take shared ownership of Anganwadi centres
Context The Ministry of Home Affairs proposed inserting a new constitutional provision — Article 371(K), as Chapter K under Part XXI — to establish a directly elected governing body with legislative powers for the Union Territory of Ladakh.
What It Is
A proposed amendment under Part XXI — Temporary, Transitional and Special Provisions
Creating a sui generis (unique) governance model for Ladakh
Providing a directly elected UT-level governing body with legislative authority over specified subjects
Background
Under the J&K Reorganisation Act, 2019, Ladakh was carved out as a Union Territory without a legislative assembly
Governance became led largely by bureaucrats and the Lieutenant Governor rather than elected representatives
The existing Autonomous Hill Development Councils — LAHDC Leh and LAHDC Kargil — were sidelined
The Leh Apex Body (LAB) and Kargil Democratic Alliance (KDA) joined forces, demanding full statehood, Sixth Schedule protection, dedicated public service commissions and parliamentary representation
Aim
Restore democratic governance in Ladakh
Protect tribal rights, land and ecology
Address political alienation — without granting statehood or Sixth Schedule status
4. NIT Rourkela, ISRO-NRSC and Tea Board Sign MoU for CHAYANKAN
Project CHAYANKAN stands for Comprehensive AI-based Geospatial Data Analytics for Tea Plantation Monitoring.
It will use satellite imagery, UAV hyperspectral data, ground observations and Artificial Intelligence.
The project will help in tea plantation mapping, yield estimation, crop-health assessment and pest and disease forecasting.
It will run from April 2026 to March 2029, with NIT Rourkela, ISRO-NRSC and Tea Board of India as key partners.
5. Bihar Partners with UAE’s AIM Global Foundation to Set Up Food Processing Park
Bihar signed an MoU with UAE-based AIM Global Foundation to establish a dedicated food processing park.
The objective is to attract investment from the UAE and Gulf region into Bihar's agro-food sector.
The project will promote value addition, food processing, exports and employment.
It can also connect farmers and local processors with international food supply chains.
The Cabinet Committee on Economic Affairs (CCEA) approved eight railway multitracking projects costing ₹20,804 crore.
The projects cover 31 districts across nine states.
Five projects worth ₹10,021 crore will cover Tamil Nadu, Andhra Pradesh, Karnataka and Telangana.
Three projects worth ₹10,783 crore will cover West Bengal, Jharkhand, Odisha, Madhya Pradesh and Chhattisgarh, adding about 656 km to the railway network.
Reports & Articles
1. MoSPI Launches QPR Portal for Data Harmonisation
The Quarterly Progress Report (QPR) Portal on Data Harmonisation was launched by the Ministry of Statistics and Programme Implementation (MoSPI).
It aims to improve the identification, standardisation and quality of administrative datasets across Central Ministries and Departments.
The portal supports automated validation, dashboards and cross-verification with the National Metadata Structures portal.
It is designed to strengthen India's National Data System and evidence-based policymaking.
PIB
1. Ministry of Coal Launches CSR Framework for Indian Coal Companies
The Ministry of Coal, with Coal India Limited, launched the first sector-specific CSR Framework for Indian coal companies.
The framework aims to make CSR activities transparent, measurable and outcome-oriented.
It was developed by the Indian Institute of Corporate Affairs (IICA) under the Ministry of Corporate Affairs.
It focuses on ensuring better benefits for communities located in coal-mining regions.
Context SEBI launched Demat 2.0, a pilot project for tokenisation of corporate bonds using distributed ledger technology (DLT) — jointly launched by RBI Governor Sanjay Malhotra and SEBI Chairman Tuhin Kanta Pandey at the Global Fintech Fest.
What is Demat 2.0?
Demat = keeping your shares and securities in digital form instead of paper form.
Demat 1.0 = Paper shares → Digital shares
Demat 2.0 = Digital bonds → Tokenised bonds + Digital money settlement
India introduced Demat 1.0 in 1996, which converted physical securities into electronic form.
How It Works
Corporate bonds are created as digital tokens on a distributed ledger
A shared electronic record maintained by market infrastructure institutions using DLT
The ledger is owned by the depositories
2. NIPL and FOMO Pay Partner to Enable UPI QR Payments in Singapore
NPCI International Payments Limited (NIPL) partnered with Singapore-based FOMO Pay to enable UPI QR acceptance for merchants in Singapore.
Indian tourists can pay in Indian Rupees through UPI applications.
Singapore merchants will receive settlement in Singapore Dollars, supporting seamless cross-border payments.
Resorts World Sentosa is among the first merchant partners under the initiative.
RBI Current Affairs
Banking and Finance
1. NIPL and FOMO Pay Partner to Enable UPI QR Payments in Singapore
NPCI International Payments Limited (NIPL) partnered with Singapore-based FOMO Pay to enable UPI QR acceptance for merchants in Singapore.
Indian tourists can pay in Indian Rupees through UPI applications.
Singapore merchants will receive settlement in Singapore Dollars, supporting seamless cross-border payments.
Resorts World Sentosa is among the first merchant partners under the initiative.
RBI and NABARD Current Affairs
Economy
1. Karnataka Leads Semiconductor Support under ChipIN Centre
Karnataka emerged as the leading state under the ChipIN Centre initiative with 81 organisations and 73 chip tape-outs.
It also recorded about 88 lakh hours of Electronic Design Automation (EDA) tool usage.
Tamil Nadu followed with 79 organisations and 33 tape-outs, while Telangana recorded 42 organisations and 28 tape-outs.
The ChipIN Centre, launched by MeitY in 2023 at C-DAC, supports semiconductor design through infrastructure, tools and technical expertise.
2. MC²⁺ Foundation, IIT Bombay and SINE Sign MoU for Energy Startups
MC²⁺ Foundation, IIT Bombay and SINE signed an MoU to support deep-tech energy startups.
ONGC announced a ₹2,000 crore Alternative Investment Fund (AIF) for deep-tech energy startups.
Selected startups can receive up to ₹2 crore each through convertible and milestone-based funding.
Focus areas include AI-driven subsurface intelligence, drilling, hydrogen, mobility, bioenergy, refinery technology and digital asset management.
3. JSW Group and Volkswagen Group Sign MoU for Passenger Vehicles
JSW Group and Volkswagen Group proposed a 51:49 joint venture for Volkswagen's passenger vehicle operations in India.
The partnership aims to increase localisation, manufacturing, product expansion and R&D.
It will focus on electric vehicles, hybrid vehicles and internal combustion engine vehicles.
The proposed venture may use Volkswagen's manufacturing facilities in Maharashtra, with combined capacity of around 4 lakh vehicles annually.
4. Qualcomm and Amazon Partner for Custom AI Chips
Qualcomm Technologies and Amazon will jointly develop customised AI chips for AWS data centres.
The partnership focuses on AI inference and high-speed optical connectivity.
Qualcomm's technology can support data transfer speeds of up to 1.6 terabits per second (Tbps).
The initiative aims to build more scalable and cost-efficient infrastructure for AI workloads.
5. Samtel Avionics and Japan's BULL Sign MoU on Space Debris
Samtel Avionics and Japan-based BULL Co. Ltd signed an MoU on space debris mitigation.
The cooperation aims to promote sustainable and safer orbital operations.
BULL's Passive Post-Mission Disposal (PMD) technology will be explored with Samtel's Active Space Debris Removal Vehicle (DRV) technology.
The partnership covers technology integration, development, manufacturing and possible commercialisation.
Social Issue
1. US-India TRUST Fellowship 2026-27
Manipal Academy of Higher Education (MAHE) was selected as one of three Indian host institutions for the US-India TRUST Fellowship 2026-27.
The other institutions are IIT Madras and IISc Bengaluru.
The 12-month programme focuses on AI, quantum computing, semiconductors, biotechnology, energy, defence and space technologies.
Fellows receive financial and logistical support, including a USD 1,650 monthly stipend, housing, insurance and travel support.
2. International Day to Protect Education from Attack 2026
The UN observes this day on 9 September to protect students, teachers and educational institutions in conflict zones.
The 2026 theme is “Can Education Survive Attack? The Resilience of Human Communities.”
The day was established through UNGA Resolution A/RES/74/275 in 2020.
UNESCO and UNICEF facilitate the annual observance.
3. International Literacy Day 2026
International Literacy Day is observed every year on 8 September.
The year 2026 marks 60 years since UNESCO proclaimed the day in 1966.
The 2026 theme is “Literacy for people, the planet and prosperity.”
The day highlights literacy as a tool for individual empowerment and social development.
Misc GA
1. The Kalinga Ratna Award 2026
Former Chief Justice of India Justice Dipak Misra received the Kalinga Ratna Award 2026.
The award was presented by Sarala Sahitya Sansad in Cuttack, Odisha.
It recognises eminent individuals from Odisha for outstanding contributions at the national or international level.
The award is associated with the promotion of Odia heritage, literature and social service.
2. NCSC Chairman Kishor Makwana Receives Dr. APJ Abdul Kalam Jan Seva Puraskar 2026
Kishor Makwana, Chairman of the National Commission for Scheduled Castes, received the Dr. APJ Abdul Kalam Jan Seva Puraskar 2026.
The award recognised contributions towards social justice and public service.
The award was presented during the 16th Sansad Ratna Awards 2026 in New Delhi.
The NCSC is a constitutional body established under Article 338 of the Constitution.
3. Akasa Air Operates First Commercial Flight with 1% SAF Blend
Akasa Air operated its first commercial flight using ATF blended with 1% Sustainable Aviation Fuel (SAF).
The SAF was supplied by Bharat Petroleum Corporation Limited (BPCL).
The flight operated from Mumbai to Goa.
The initiative supports India's target of achieving 5% SAF blending by 2030.
Five to remember · 11 September 2026
Established following the 1992 Rio Earth SummitUNCCD COP17
It will run from April 2026 to March 2029, with NIT Rourkela, ISRO-NRSC and Tea Board of India as key partners. NIT Rourkela, ISRO-NRSC and Tea Board Sign MoU …
Context Union Minister Shivraj Singh Chouhan, Ministry of Rural Development, launched the Operational Guidelines for DILRMP 3.0 — a Central Sector Scheme with an outlay of ₹565.50 crore for 2026–2031 — at Krishi Bhawan, New Delhi.
The Core Objective
Build an integrated GIS-based digital land records ecosystem
Expected to improve citizen access to land-related services across the country
The Four Key Components
Bhu-Aadhaar (ULPIN)
Unique Land Parcel Identification Number
A 14-digit unique identifier for every land parcel in the country
Registration Seva Kendras (RSKs)
Upgradation of 75 high-footfall Sub-Registrar Offices
Modelled on Passport Seva Kendras
Revenue Court Case Management System (RCCMS)
Modernisation, by linking it directly with land records
NAKSHA
National Geospatial Knowledge-based Land Survey of Urban Habitations
Acceleration of the pilot to create accurate GIS-based urban land records
And issue Urban Property Cards (UrPro Cards)
2. NSO Releases First-Ever District-Level Estimates of the Unincorporated Non-Agricultural Sector
In September 2026, the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) released the report “Unincorporated Sector at the District Level: Insights from ASUSE 2025.” This is the first time India has received estimates of the unincorporated non-agricultural sector at the district level, giving a much more detailed picture of enterprises, workers and economic activity across different districts.
Key Highlights
Based on ASUSE 2025
The report uses data from the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2025.
Survey period: January–December 2025
It covers unincorporated non-agricultural enterprises operating across India.
The district-level estimates provide more granular data than state-level estimates.
Earlier, we could understand the unincorporated sector mainly at the state level. Now, we can see which districts are contributing the most.
What is the Unincorporated Sector?
Unincorporated enterprises are businesses that are not registered as companies under the Companies Act.
Examples include:
Small shops
Street vendors
Small manufacturing units
Repair businesses
Small restaurants
Household enterprises
Other small service and trading businesses
These enterprises are important because they provide large-scale employment and contribute significantly to India's economy.
Top District by State
Telangana — Rangareddy, 23.53 per cent
Gujarat — Surat, 19.43 per cent
West Bengal — North 24 Parganas, 15.99 per cent
Punjab — Ludhiana, 14.74 per cent
Karnataka — Bengaluru (Urban), 12.83 per cent
Kerala — Thiruvananthapuram, 12.38 per cent
Rajasthan — Jaipur, 11.70 per cent
Maharashtra — Pune, 9.14 per cent
Bihar — Patna, 8.23 per cent
Tamil Nadu — Chennai, 7.13 per cent
Uttar Pradesh — Prayagraj, 5.77 per cent
Key Terms
NSO: National Statistical Office, the main statistical agency under MoSPI.
ASUSE: Annual Survey of Unincorporated Sector Enterprises.
Unincorporated Enterprise: A business that is not incorporated as a company under the Companies Act.
GVA: Gross Value Added; the value added by producers to goods and services after accounting for the cost of inputs.
Granular Data: Detailed information available at a smaller geographical level, such as the district level.
Non-Agricultural Sector: Economic activities other than crop cultivation, animal husbandry, forestry and fishing.
3. SKUAST-K Develops Aromatic Rice Variety for Kashmir
Context Scientists at the Mountain Research Centre for Field Crops (MRCFC), Khudwani, under SKUAST-Kashmir, developed a fine grain aromatic rice variety for the Kashmir Valley — giving farmers an option to diversify into a higher-value paddy crop.
The Variety
Named Shalimar Sugandh (Kashur Basmat)
Development began in 2021; certified seed distributed to farmers in 2024
Developed by Dr Najeeb-ul-Rehman Sofi, Professor and Associate Director, MRCFC
Important Facts for Exams
Variety: Shalimar Sugandh (Kashur Basmat), by MRCFC Khudwani under SKUAST-Kashmir
Basmati GI covers Punjab, Haryana, Himachal Pradesh, Uttarakhand, Delhi, 30 districts of western UP, and Jammu, Kathua and Samba in J&K
J&K Basmati area: 46.13 thousand hectares
SKUAST — Sher-e-Kashmir University of Agricultural Sciences and Technology; separate universities at Srinagar (Kashmir) and Jammu
Basmati GI was registered in 2016, held by APEDA; it is a registered GI, and Pakistan has contested India's claim in the EU
APEDA — Agricultural and Processed Food Products Export Development Authority, which regulates Basmati exports
Basmati is India's largest agricultural export by value among cereals
A GI tag identifies goods originating from a defined territory with qualities attributable to that origin, under the Geographical Indications of Goods (Registration and Protection) Act, 1999
In Chuchot and nearby villages of Ladakh, glacial meltwater was flowing unused into the Indus River, while agricultural fields faced water shortages.
Officials identified a Stok village nallah, fed by the Stok Kangri Glacier, carrying nearly 90 million litres of water daily.
Instead of constructing expensive new infrastructure, the water was connected to existing irrigation canals through basic earthwork.
The initiative now provides irrigation to more than 1,000 acres across 12 villages, demonstrating community-led water management.
5. NIT Rourkela, ISRO-NRSC and Tea Board's CHAYANKAN Project
Project CHAYANKAN will use Artificial Intelligence and geospatial technology for tea plantation monitoring.
It combines satellite imagery, UAV-based hyperspectral data and ground observations.
The system will help in plantation mapping, yield estimation, crop-health assessment and pest and disease forecasting.
The three-year project will run from April 2026 to March 2029
Schemes
1. Uttarakhand Service Sankalp Campaign
Uttarakhand will conduct the Service Sankalp campaign from 17 September to 17 October 2026.
It is a month-long state-level campaign announced by Chief Minister Pushkar Singh Dhami.
The campaign focuses on improving public service delivery and government outreach.
It is relevant from the perspective of state-level governance and citizen-centric administration.
2. Amended BharatNet Programme in Jharkhand
The Digital Bharat Nidhi (DBN) signed an agreement with Jharkhand to implement the Amended BharatNet Programme (ABP) under the state-led model.
The Government of India has approved ₹1,684 crore for the programme.
It will cover 4,395 Gram Panchayats and provide demand-based connectivity to around 26,777 villages.
Better connectivity will support e-governance, online education, telemedicine and digital payments in rural areas.
Reports & Articles
1. 79th WHO Regional Committee Session for South-East Asia
The 79th WHO Regional Committee Session was held from 7–10 September 2026 in Dili, Timor-Leste.
The meeting adopted the Dili Declaration on Human Resources for Health: Equity in Specialized Care.
Key areas included medical devices, health-facility resilience, patient and blood safety, tuberculosis and viral hepatitis.
WHO also recognised India's sustained elimination of Maternal and Neonatal Tetanus (MNTE) and its progress in screening and treating hypertension and diabetes.
PIB
1. Each One Teach One Initiative
Assam teacher Rajesh Bordoloi received the National Teachers Award 2026 for this innovative initiative.
Under the programme, Class 10 students teach their mothers basic literacy and digital skills at home.
Mothers learn reading, writing, smartphone use, UPI payments, online banking and other digital services.
The initiative demonstrates how students can become community educators and reduce digital and literacy gaps.
2. ITRA–Heartfulness Institute MoU for Holistic Healthcare
The Institute of Teaching and Research in Ayurveda (ITRA) signed a five-year MoU with the Heartfulness Institute.
The partnership promotes preventive and holistic healthcare by combining Ayurveda, yoga, meditation and ecological practices.
Areas include joint research, student and faculty exchange, academic programmes, capacity building and innovation.
ITRA is an Institute of National Importance under the Ministry of AYUSH.
RBI Current Affairs
Banking and Finance
1. RBI Grants Payment Aggregator Licence to Pluxee India
The RBI authorised Pluxee India as a Payment Aggregator for online and physical (PA-O and PA-P) transactions.
The licence allows Pluxee to onboard merchants, collect payments, settle funds and manage refunds.
It can support payment methods such as cards, QR codes, NFC-based payments and online transactions.
Pluxee already holds a Prepaid Payment Instrument (PPI) licence, issued in 2009.
2. Axis Bank's Sparsh Week 2026
Axis Bank conducted the 4th edition of Sparsh Week from 7–11 September 2026.
The 2026 theme was “Act with Speed.”
The initiative aims to conduct more than 2.5 lakh customer interactions across India.
It focuses on customer feedback, digital innovation, MSME/NRI engagement and faster banking services.
Southern Railway has achieved 100% electrification of its Broad Gauge network.
The electrified network covers 5,068 route kilometres.
The final 71-km Pattukkottai–Karaikkudi section completed the milestone.
Railway electrification can help reduce dependence on fossil fuels and support cleaner and more efficient rail transport.
3. Odisha Signs MoUs for ₹2.1 Lakh Crore Investment
Odisha signed agreements with International Holding Company (IHC) and the Adani Group for 14 proposed projects.
The indicative investment is around ₹2.1 lakh crore.
Major proposals include an AI data-centre hub, coal-to-chemicals complex, mineral processing, renewable energy and agro-processing.
The projects also cover healthcare, ports, critical minerals, petrochemicals and skill development.
Social Issue
1. India–US TRUST Initiative for Undersea Cable Networks
India and the United States are expanding cooperation on undersea cable networks under the US–India TRUST Initiative.
The cooperation focuses on strengthening subsea communication infrastructure.
Undersea cables are critical for international internet connectivity and secure digital communications.
The initiative is part of wider India–US cooperation in strategic and emerging technologies.
2. International Literacy Day 2026
International Literacy Day is observed every year on 8 September.
2026 marks the 60th anniversary of UNESCO's proclamation of the day in 1966.
The 2026 theme is “Literacy for people, the planet and prosperity.”
The day highlights literacy as an important tool for individual empowerment and social development.
3. International Day to Protect Education from Attack 2026
The day is observed on 9 September to highlight the need to protect students, teachers and educational institutions during conflicts.
The 2026 theme is “Can Education Survive Attack? The Resilience of Human Communities.”
It was established by the UN through Resolution A/RES/74/275 in 2020.
UNESCO and UNICEF facilitate the annual observance.
Misc GA
1. IIT Madras–C-DOT Samgnya and QClairvoyance Quantum MoU
QClairvoyance Quantum Labs signed an MoU with IITM-C-DOT Samgnya Technologies Foundation.
The partnership focuses on quantum computing and quantum algorithms.
It aims to promote cooperation in quantum technology and related advanced applications.
The development is relevant to India's emerging quantum technology ecosystem.
2. India Photonics Association Launched
The India Photonics Association (IPA) was launched as an independent industry body for India's photonics sector.
It aims to connect industry, researchers and policymakers.
Photonics involves the generation, manipulation and detection of light and has applications in telecommunications, defence, healthcare, satellites and semiconductors.
India's photonics market was estimated at $78.4 billion in 2025 and is projected to reach $155 billion by 2034.
3. NIELIT–Saylor University Collaboration
NIELIT partnered with US-based Saylor University to integrate Saylor's digital learning resources into the NIELIT Digital University (NDU) platform.
Learners will gain access to self-paced global courses through the digital platform.
NIELIT also signed MoUs with eight organisations from industry, academia and associations.
The partnerships aim to strengthen skilling, certification, internships, faculty development and digital learning.
4. India–US Joint Military Exercise Yudh Abhyas 2026
The 22nd edition of Yudh Abhyas began on 9 September 2026 in Bikaner, Rajasthan and Auli, Uttarakhand.
It is a bilateral exercise between the Indian Army and US Army.
The exercise focuses on interoperability, operational readiness and emerging battlefield technologies.
It includes a Command Post Exercise, Field Training Exercise and live-fire demonstration.
5. ISRO Conducts 220 kN CE20 Cryogenic Engine Hot Test
ISRO successfully conducted a flight acceptance hot test of the indigenous CE20 cryogenic engine at 220 kN thrust.
The CE20 uses Liquid Oxygen (LOX) and Liquid Hydrogen (LH2) as propellants.
It powers the upper stage of India's LVM3 heavy-lift launch vehicle.
The test also demonstrated the LOX Tank Pressurisation Module, relevant to the Gaganyaan programme.
6. World EV Day 2026
World EV Day is observed annually on 9 September to promote electric mobility and cleaner transport.
The 2026 theme is “Switching Electric: driving down the cost of motoring.”
The initiative was founded in 2020 by Ade Thomas of Green.TV.
It highlights the transition towards electric vehicles and sustainable transportation.
7. Himalaya Diwas 2026
Himalaya Diwas is observed every year on 9 September to promote awareness about the Himalayan ecosystem.
The 2026 observance marked the 17th edition.
It was first observed in Uttarakhand in 2010.
The day focuses on protecting the fragile Himalayan ecosystem and promoting sustainable development in the Himalayan region.
8. Solomon Pappaiah Passes Away
Veteran Tamil scholar and orator Solomon Pappaiah died at the age of 90.
He was widely known for moderating Pattimandrams, or Tamil debate programmes.
He received the Padma Shri in 2021 in the field of Literature and Education.
He also received the Kalaimamani Award from the Tamil Nadu Government in 2000.
Five to remember · 12 September 2026
Assam teacher Rajesh Bordoloi received the National Teachers Award 2026 for this innovative initiative. Each One Teach One Initiative
Axis Bank conducted the 4th edition of Sparsh Week from 7–11 September 2026. Axis Bank's Sparsh Week 2026
Union Minister Shivraj Singh Chouhan, Ministry of Rural Development, launched the Operational Guidelines for DILRMP 3.0 — a Central Sector Scheme with an outlay of ₹565.50 crore for 2026–2031 — at Krishi Bhawan, New Delhi. DILRMP 3.0 Launched
Development began in 2021; certified seed distributed to farmers in 2024SKUAST-K Develops Aromatic Rice Variety for Kas…
India hosts the 18th BRICS Summit in New Delhi on 12–13 September 2026 — its fourth Chairship of the grouping. The 18th BRICS Summit
1. Assisted Reproductive Technologies in Bovine Breeding
Context India's dairy sector is increasingly using Assisted Reproductive Technologies (ART) to raise milk productivity and conserve indigenous bovine genetics — speeding up genetic improvement beyond what conventional breeding allows.
The ART Methods
Artificial Insemination (AI) — Artificial Insemination is the process of introducing semen from a selected superior bull into the female reproductive tract without natural mating.
Oestrus Synchronisation — Oestrus synchronisation means using hormones to make a group of females come into heat at approximately the same time.
MOET — MOET is used to obtain several embryos from a genetically superior female.
IVF — In Vitro Fertilisation; fertilisation outside the body under laboratory conditions
OPU — Ovum Pick-Up; collects oocytes from live donor females without surgery
Sexed semen — influences the sex ratio of calves, improving breeding efficiency
Cloning — Cloning produces an animal that is genetically almost identical to another animal. The most well-known method is Somatic Cell Nuclear Transfer (SCNT).
India's Cloning Milestones
2009 — the world's first buffalo calf cloned using the Hand-guided Cloning Technique, at ICAR-NDRI, Karnal
2025 — India's first cloned cattle, a Gir female calf named GANGA, produced at ICAR-NDRI using OPU for oocyte collection and SCNT for embryo reconstruction
Scientists have also generated cloned Badri embryos, and are exploring cloning of elite high-producing Badri cows
Indigenous Breeds
India has over 50 officially recognised indigenous cattle breeds
Valued for adaptability to local climates, disease resistance and suitability for low-input farming
Many produce A2 beta-casein milk
Important dairy breeds: Gir, Sahiwal, Tharparkar, Rathi, Red Sindhi, Kankrej, Hariana, Deoni, Ongole
Badri cattle — indigenous to Uttarakhand and recognised as the state animal; important for Himalayan bovine diversity and mountain agriculture
Government Schemes
Rashtriya Gokul Mission (RGM) — launched December 2014, for development and conservation of indigenous breeds, genetic upgradation and milk productivity. Interventions include the Nationwide Artificial Insemination Programme, sex-sorted semen and IVF technology
RGM outlay: realigned for 2021-22 to 2025-26 with ₹2,400 crore, enhanced by ₹1,000 crore in March 2025, taking the total to ₹3,400 crore for the 15th Finance Commission cycle
NPBBDD — National Programme for Bovine Breeding and Dairy Development, launched February 2014, merging earlier schemes
NLM — National Livestock Mission, since 2014-15, revised 2021-22; supports entrepreneurship, breed improvement and feed and fodder security
2. ICAR-IVRI Produces Sahiwal Calves Through OPU-IVF-ET
ContextICAR–Indian Veterinary Research Institute (IVRI), Izatnagar, Bareilly successfully produced indigenous Sahiwal cattle calves using ultrasound-guided ovum pick-up, in vitro fertilisation and embryo transfer (OPU–IVF–ET) — the first success of its kind at the institute.
The Programme
Began in 2022–23, to strengthen the genetic potential of India's prized dairy breeds
Aim: standardise OPU–IVF–ET protocols under both farm and field conditions
Target breeds: Sahiwal cattle, Tharparkar cattle and Murrah buffalo
OPU–IVF–ET
OPU–IVF–ET is an advanced Assisted Reproductive Technology (ART) used to rapidly multiply the genetics of superior cattle and buffaloes.
OPU (Ovum Pick-Up): Eggs are collected from the ovaries of an elite female.
IVF (In Vitro Fertilisation): Eggs are fertilised with selected bull semen in the laboratory.
ET (Embryo Transfer): Developed embryos are transferred into synchronised recipient females.
Context Four newly developed moth bean varieties — CAZRI Moth-4, 5, 6 and 7 — by ICAR-Central Arid Zone Research Institute (CAZRI) demonstrated remarkable field resilience during an El Niño year in Kharif 2026, surviving a 35-day dry spell.
What Moth Bean Is
Vigna aconitifolia — also called mat bean, Turkish gram or dew bean
An extremely drought-hardy, herbaceous, short-day annual legume of the family Fabaceae
Among the most resilient pulse crops of hot arid and semi-arid zones of South Asia
Habitat and Growing Conditions
Native to South Asia; grown in hot, rainfed, marginal desert tracts
Most extensively in the Thar Desert region of western Rajasthan, and parts of Gujarat, Haryana and Punjab
Thrives in low and erratic rainfall, poor sandy soils with low organic carbon and fertility, and temperatures exceeding 40°C
Important Facts for Exams
Vigna aconitifolia — moth bean, mat bean, Turkish gram, dew bean; family Fabaceae
A short-day annual legume; among the most drought-tolerant pulses
Grown mainly in the Thar Desert, western Rajasthan; also Gujarat, Haryana, Punjab
Cultivated on nearly 10 lakh hectares; yield about 350 kg per hectare
Regional rainfall 150–250 mm; normal dry spells of 20–30 days
Varieties: CAZRI Moth-4, 5, 6 and 7, developed by ICAR-CAZRI, Jodhpur
Survived a 35-day dry spell (3 August – 7 September 2026) in Kharif 2026
Developmental plasticity — flowering at about 30 days; adjusts maturity to moisture
"Pala" — the dry fodder from moth bean, valued for desert livestock
Rhizobium symbiosis fixes atmospheric nitrogen in root nodules
Context Scientists from ICAR-Central Institute of Coldwater Fisheries Research (CIFRI-Coldwater), with the Arunachal Pradesh Department of Fisheries, recorded the rare Tibetan fish Schizopygopsis waddellii in India for the first time.
What It Is
A cold-adapted freshwater fish of the Cyprinidae family — specifically the snowtrout / schizothoracine group
Confirmed as a new Indian record through an integrative taxonomic approach, combining morphological examination with mitochondrial DNA (mtDNA) analysis
Habitat and Distribution
Native to high-altitude cold-water ecosystems of the Tibetan and Chinese plateaus
Type locality: Yamdok Lake, Tibet
In India, found in Pangkang Teng Tso Lake, at 12,800 feet, in Tawang district, Arunachal Pradesh
Context The Central Government notified that the Bankers' Books Evidence Act, 2026 — which received Presidential assent on 13 August 2026 — will come into force from 1 October 2026.
What It Is
A statutory framework governing the admissibility, certification and legal validity of bank records and accounts as prima facie evidence in court
Without requiring production of original physical registers
It replaces a 135-year-old law — the Bankers' Books Evidence Act, 1891
Aim
Establish a technology-neutral regime for digital, virtual and cloud-based financial data
Streamline dispute resolution
Enhance Ease of Doing Business
Five Key Features
Technology-neutral recognition — covers physical ledgers, electronic media, digital entries, virtual environments and cloud storage systems
Simplified certification — accepts verification through manual, digital or electronic signatures
Integrity conditions for admissibility — digital copies must be true representations or extractions, show no unauthorised data alterations, and show no system tampering affecting data integrity
Statutory definition of "special cause" — bank officials cannot be routinely summoned, nor original books compelled, where the bank is not a party, unless the court records a special cause in writing
Scope expansion — retains coverage of commercial banks and Post Office Savings Banks, while empowering the Central Government to extend the Act to NBFCs, fintechs and other financial institutions by notification
2. SEBI Proposes Changes to Closing Auction Session Framework
Context SEBI issued a consultation paper proposing changes to derivatives settlement methodology, market timings and operational aspects of the Closing Auction Session (CAS) — weeks after the new closing price mechanism took effect. Seven proposals, with comments invited by 3 October 2026.
Key Proposals
Expiry-Day Settlement Price
Option 1: Use a blended VWAP from the last 30 minutes of continuous trading + 10-minute CAS.
Option 2: Continue using CTS VWAP based only on the last 30 minutes before CAS.
SEBI suggests retaining CTS VWAP for at least one year before considering a change.
Stop Indicative Index Value (IIV)
Security-level IEPs will continue, but the indicative index value during CAS may be discontinued.
Reason: IIV is based on unexecuted indicative prices, not actual trades.
Market Timings
Option A: CAS from 3:31–3:40 pm, derivatives until 3:45 pm.
Option B: CAS stocks trade until 3:15 pm, CAS from 3:15–3:25 pm, derivatives end at 3:30 pm.
Shorter Transition
Gap between continuous trading and CAS may be reduced from 5 minutes to about 1 minute.
Shorter Derivatives Window
Post-CAS derivatives trading may be reduced from 10 minutes to 5 minutes.
Order Cancellation Restriction
Orders within ±1% of the reference price can be cancelled.
Orders beyond 1% and up to 3% cannot be cancelled, but can be modified to improve their price.
Iceberg Orders
Unexecuted iceberg orders can move into CAS.
Their remaining quantity will become a normal limit order and the full quantity will be visible in the CAS order book.
Key Terms
CAS: Closing Auction Session used to discover the closing price through an auction.
IEP: Indicative Equilibrium Price; the price at which maximum executable quantity can potentially be matched during an auction.
VWAP: Volume Weighted Average Price, where prices are weighted according to trading volume.
CTS VWAP: Closing Trading Session VWAP based on trades during the specified pre-CAS period.
IIV: Indicative Index Value calculated during CAS using indicative prices of index constituents.
Iceberg Order: An order where only part of the total quantity is normally visible to the market.
Price Discovery: The process through which buying and selling interests determine a market price.
RBI & NABARD Current Affairs
1. 18th BRICS Summit 2026
The 18th BRICS Summit was held in New Delhi, India, on 12–13 September 2026, under India’s chairship.
India’s theme for the year was: “Building for Resilience, Innovation, Cooperation and Sustainability”
The theme reflects India’s focus on development, sustainability, innovation and the interests of the Global South.
What is BRICS?
BRICS is a grouping of major emerging economies that cooperate on issues such as:
Economy and trade
Finance
Energy
Food security
Climate change
Technology
Health
Global governance
The original grouping was BRIC — Brazil, Russia, India and China. South Africa joined in 2010, making it BRICS.
The grouping has now expanded significantly.
BRICS Members in 2026
There are 11 full members:
Country
Country
Brazil
Russia
India
China
South Africa
Egypt
Ethiopia
Iran
United Arab Emirates
Indonesia
Saudi Arabia
According to the Government of India, these 11 countries together account for about 49.5% of the world's population, 40% of global GDP and 26% of global trade.
2026 BRICS Summit — Key Highlights
New Delhi Declaration: Focused on political-security, economic-financial, and cultural cooperation and a fairer global order.
Global Governance Reform: BRICS called for greater representation of emerging economies in the UN, IMF and World Bank.
Local Currencies & Payments: Members discussed easier cross-border payments, greater use of local currencies and CBDC cooperation.
Artificial Intelligence: China proposed a BRICS AI Open Source Zone to promote AI cooperation.
Food & Energy Security: Cooperation discussed on food, energy, critical minerals, supply chains and climate change.
Health: India announced an early warning system for infectious diseases.
Global Conflicts: BRICS discussed West Asia, Iran, Ukraine and Sudan, stressing dialogue and diplomacy.
Why is BRICS Important for India?
Global South Cooperation: Helps India work with developing and emerging economies on common issues.
UN Reforms: Supports India's demand for a more representative global governance system.
Payment Diversification: Encourages local currencies and alternative payment systems, reducing dependence on a single system.
Economic Cooperation: Promotes trade, investment, infrastructure and technology.
Diplomatic Influence: Gives India a platform to engage with major countries such as China, Russia, Iran, UAE, Saudi Arabia and Brazil.
India as BRICS Chair in 2026
Fourth BRICS Chairship for India.
Previous chairships: 2012, 2016 and 2021.
2026 marks 20 years of BRICS since its establishment.
2. China Southern Airlines Resumes Guangzhou–Delhi Flights
China Southern Airlines will resume regular passenger flights between Guangzhou and New Delhi from 21 September 2026.
It marks the return of the airline's India operations after a suspension.
The resumption is significant for India–China connectivity, tourism and business travel.
Guangzhou is a major commercial and industrial centre in southern China.
The project achieved its 41st tunnel breakthrough on 11 September 2026 with the completion of Escape Tunnel-1.
The railway line is 125 km long and is being developed by Rail Vikas Nigam Limited (RVNL).
The project will improve rail connectivity in the Himalayan region of Uttarakhand.
Tunnel construction is a major component because of the difficult mountainous terrain.
Misc GA
1. Colombo Security Conclave Table Top Exercise
The three-day Table Top Exercise of the Colombo Security Conclave concluded on 12 September 2026 at the Eastern Naval Command, Visakhapatnam.
The exercise was conducted from 9–12 September 2026.
It focuses on improving coordination and information-sharing among member countries on maritime security issues.
Visakhapatnam hosted the exercise as part of India's role in strengthening regional maritime cooperation.
2. INS Sudarshini Port Call in Italy
INS Sudarshini, an Indian Navy sailing training ship, completed a successful port call at Livorno, Italy.
The visit strengthens India–Italy maritime relations and naval cooperation.
Such port calls also support training, cultural exchange and maritime diplomacy.
The ship subsequently departed from Livorno.
3. BRICS BioDesign Programme
The BRICS BioDesign Programme was launched to promote cross-border healthcare innovation and medical technology.
The Andhra Pradesh MedTech Zone (AMTZ) is spearheading the initiative.
It aims to connect researchers, healthcare professionals and academic institutions across BRICS countries.
The programme seeks to move healthcare ideas from research and design to deployable and affordable medical solutions.
Five to remember · 13 & 14 September 2026
NLM — National Livestock Mission, since 2014-15, revised 2021-22; supports entrepreneurship, breed improvement and feed and fodder securityAssisted Reproductive Technologies in Bovine Br…
The 18th BRICS Summit was held in New Delhi, India, on 12–13 September 2026, under India’s chairship. 18th BRICS Summit 2026
The Central Government notified that the Bankers' Books Evidence Act, 2026 — which received Presidential assent on 13 August 2026 — will come into force from 1 October 2026. The Bankers' Books Evidence Act, 2026
Cultivated on nearly 10 lakh hectares; yield about 350 kg per hectareMoth Bean
Orders within ±1% of the reference price can be cancelled. SEBI Proposes Changes to Closing Auction Sessio…
Agri-tech startup Grow Indigo has paid around 2,500 farmers ₹3,000–₹15,000 each for more than 57,000 agricultural carbon credits. The company made the payment from its own funds, even though the carbon credits have not yet been completely sold to buyers.
Key Highlights
Direct-Seeded Rice
Many carbon credits were generated through Direct-Seeded Rice (DSR) instead of traditional rice transplantation.
DSR: Rice seeds are directly sown in the field, avoiding the need to first grow seedlings in a nursery and then transplant them.
DSR Can Reduce Methane Emissions
A study by CSK Himachal Pradesh Krishi Vishvavidyalaya (CSKHPKV) and Savannah Seeds found that direct-seeded rice using SAVA-134 FullPage:
Reduced methane emissions by nearly 90%.
Improved water productivity.
Improved soil health.
Increased potential for carbon-credit generation.
Key Terms
Carbon Credit: A tradable certificate representing the reduction or removal of a specified amount of greenhouse-gas emissions, generally 1 tonne of CO₂-equivalent.
Agricultural Carbon Credit: Carbon credits generated through farming practices that reduce emissions or increase carbon storage.
Direct-Seeded Rice (DSR): A method in which rice seeds are directly sown in the field instead of transplanting seedlings.
Methane (CH₄): A powerful greenhouse gas produced in large quantities in flooded rice fields.
Carbon Market: A market where carbon credits are generated, bought and sold.
Water Productivity: The amount of agricultural output produced per unit of water used.
Context A Srinagar artisan developed the Grass Mache technique, converting aquatic weeds and grasses removed from Dal Lake into decorative and utility products.
What It Is
An innovative craft technique using discarded aquatic weeds and grasses from Dal Lake as raw material
Adapts techniques from Kashmir's centuries-old papier-mâché tradition
Creating sustainable products from biological waste
How It Works
Dried weeds are processed into a fine fibrous pulp
Mixed with suitable materials
Moulded into shapes and dried
Producing a natural, stone-like texture
Important Facts for Exams
Grass Mache — craft technique using Dal Lake aquatic weeds, adapted from papier-mâché
Dal Lake, Srinagar — an urban lake suffering from eutrophication, encroachment and weed infestation
Main invasive weeds in Dal Lake: Azolla, Salvinia, water hyacinth and Ceratophyllum
Context Four newly developed moth bean varieties — CAZRI Moth-4, 5, 6 and 7 — by ICAR-Central Arid Zone Research Institute (CAZRI), Jodhpur demonstrated remarkable field-level resilience during an El Niño year in Kharif 2026.
What It Is
Vigna aconitifolia — also called mat bean, Turkish gram or dew bean
An extremely drought-hardy, herbaceous, short-day annual legume of the family Fabaceae
Recognised as one of the most resilient pulse crops of the hot arid and semi-arid zones of South Asia
Habitat and Growing Conditions
Native to South Asia; cultivated in hot, rainfed, marginal desert tracts
Most extensively in the Thar Desert region of western Rajasthan, and parts of Gujarat, Haryana and Punjab
Thrives in extremely low and erratic rainfall, poor sandy soils with low organic carbon and fertility, and ambient temperatures exceeding 40°C
Important Facts for Exams
Vigna aconitifolia — moth bean, mat bean, Turkish gram, dew bean; family Fabaceae
A short-day annual legume; among the most drought-tolerant pulses
Grown mainly in the Thar Desert, western Rajasthan; also Gujarat, Haryana, Punjab
Regional rainfall 150–250 mm; normal dry spells of 20–30 days
Varieties CAZRI Moth-4, 5, 6 and 7 survived a 35-day dry spell (3 August – 7 September 2026)
"Pala" — the dry fodder from moth bean, valued for desert livestock
Rhizobium symbiosis fixes atmospheric nitrogen in root nodules
ICAR-CAZRI, Jodhpur — the nodal institute for arid zone research
India is the world's largest producer, consumer and importer of pulses
4. Ophiopogon japonicus Recorded for the First Time in India
Ophiopogon japonicus, an evergreen perennial herb, was recorded for the first time in India from West Kameng district, Arunachal Pradesh.
It belongs to the Asparagaceae family and is commonly known as dwarf lilyturf or mondo grass.
The species is mainly found in China, Japan and Korea, generally at elevations of 200–2,800 metres.
Its roots, known as Ophiopogonis Radix (Maidong), are used in traditional East Asian medicine.
Schemes
1. PM Matsya Sampada Yojana Completes Six Years
Pradhan Mantri Matsya Sampada Yojana (PMMSY) completed six years on 10 September 2026.
Launched in 2020 with an outlay of ₹20,050 crore, it aims to promote sustainable and responsible fisheries development.
The scheme was initially planned for FY2020–21 to FY2024–25 and was later extended through FY2025–26.
It is implemented by the Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying and has Central Sector and Centrally Sponsored Scheme components.
2. Chhattisgarh CM Startup and NIPUN Mission
The Chhattisgarh Cabinet approved the CM Startup and New-Age Industry Preparedness through Up-skilling of New Generation Youth (NIPUN) Mission with an outlay of ₹500 crore for five years.
It will establish Entrepreneurship Development Centres in all 33 districts.
The mission will create 5 Centres of Excellence and 100 Emerging Technology Labs covering AI, Internet of Things, Big Data and Blockchain.
The NIPUN Job Engine will connect trained youth with industrial employment opportunities.
RBI Current Affairs
Banking and Finance
1. India’s Forex Reserves Reach Record $785.7 Billion
India’s foreign exchange reserves increased by a record $44.9 billion in the week ended 4 September 2026.
Total reserves reached $785.7 billion, making India the fourth-largest holder of forex reserves globally, according to the source.
Reserves have increased by more than $100 billion since 5 June, when the concessional swap scheme was announced.
FCNR(B) flows reached about $127 billion, higher than expected.
2. Global Fintech Fest 2026
The 7th Global Fintech Fest (GFF 2026) was held in Mumbai from 8–11 September 2026.
Theme: “Potential to Impact: Agentic AI | Tokenisation | Quantum: Trusted, Connected, Global Systems for Inclusive Finance.”
The Unified Fintech Forum (UFF) was recognised by RBI as the second Self-Regulatory Organisation (SRO) for the fintech sector.
RBI also expanded Bharat Connect forex services to include EUR, GBP, CAD, CHF and AED, while SEBI launched the Demat 2.0 pilot for corporate bond tokenisation using Distributed Ledger Technology.
Context India will host the World Circular Economy Forum (WCEF) 2026 at the Mahatma Mandir Convention Centre, Gandhinagar, Gujarat, from 15 to 18 September 2026.
What It Is
The world's premier global platform for advancing the transition from a linear "take-make-waste" model to a regenerative circular economy
Through cross-sectoral collaboration, policy development and business innovation
The 2026 Edition
Host: Gandhinagar, Gujarat
Theme:"Circular Economy: Transition for People and Prosperity"
The 10th milestone edition of WCEF
Its debut in the South Asian region
Background
Created in 2017 on the initiative of Sitra, the Finnish Innovation Fund
To mark the centenary of Finland's independence and foster global circular business solutions
Aim
Accelerate market transformation
Foster international partnerships with the Global South
Mobilise private-sector capital and circular finance
Demonstrate scalable solutions reconciling economic prosperity with planetary boundaries
Economy
1. CSL–Drydocks World 50:50 Joint Venture
Cochin Shipyard Limited (CSL) and UAE-based Drydocks World (DDW) signed a 50:50 joint venture agreement to expand the International Ship Repair Facility in Kochi, Kerala.
Both partners will invest ₹900 crore each, giving a total investment of ₹1,800 crore.
The partnership combines CSL’s shipbuilding and repair expertise with Drydocks World’s global capabilities in vessel repair, maintenance, conversion and offshore EPC services.
CSL is a Miniratna enterprise under the Ministry of Ports, Shipping and Waterways.
2. Tata Steel Commissions COG Injection Project in Odisha
Tata Steel commissioned India’s first Coke Oven Gas (COG) Injection Project at Blast Furnace 1 of its Meramandali plant in Odisha.
COG is a hydrogen-rich by-product of coke production and contains more than 55% hydrogen.
The purified gas is injected into blast furnaces through tuyeres, reducing dependence on carbon-based reducing agents.
The project aims to reduce fossil-fuel consumption and carbon emissions and support Tata Steel’s Net Zero target for 2045.
Social Issue
1. Rajnath Singh’s Visit to Sri Lanka
Defence Minister Rajnath Singh visited Sri Lanka from 8–10 September 2026 to strengthen defence and maritime security cooperation.
It was the first visit by an Indian Defence Minister to Sri Lanka in nearly 40 years.
India and Sri Lanka virtually inaugurated three Bailey Bridges constructed by Indian Defence Forces.
The two countries signed three MoUs covering air-defence capability, military education and youth cooperation.
Misc GA
1. NIXI–APNIC MoU on Internet Infrastructure
National Internet Exchange of India (NIXI) and Asia Pacific Network Information Centre (APNIC) signed an MoU on 8 September 2026 in Mumbai.
The partnership focuses on internet security, technical training, capacity building and network resilience.
It supports Resource Public Key Infrastructure (RPKI) for more secure internet routing and encourages wider adoption of IPv6.
APNIC 62 marked the conference’s return to India after 14 years.
2. International Space Summit 2026
The inaugural International Space Summit 2026 was held in Paris on 9–10 September 2026.
It brought together representatives from nearly 90 countries to discuss space cooperation, exploration and security.
Around 51 announcements worth about €20 billion were made through investments, contracts and collaborations.
India and France signed three agreements covering areas such as satellite launches, surveillance systems and microsatellite development.
The 4th edition of the India–Malaysia bilateral maritime exercise Samudra Laksamana was conducted at Lumut, Malaysia.
It aims to improve maritime cooperation, interoperability and operational coordination.
The exercise included a Harbour Phase with professional discussions and exchanges, followed by a Sea Phase involving joint maritime activities and training.
The Malaysian Navy participated with KD Lekir and KD Gagah Sam.
4. Eknath Shinde Receives Three International Awards
Maharashtra Deputy Chief Minister Eknath Shinde received three international awards during his London visit from 9–11 September 2026.
The awards included the Commonwealth Public Leadership Recognition and Statesmanship Award for Transformative Leadership.
He also received the Global Pride of Maharashtra Award for promoting Marathi culture globally.
The awards recognised his contributions to governance, infrastructure development and regional growth.
5. N. Purushothama Mallya Passes Away
N. Purushothama Mallya, a noted educationist, writer and Konkani language activist, passed away at the age of 97.
He received the Padma Shri in 2015 for Literature and Education.
He contributed to Konkani literature and translated Thirukkural into Konkani.
He also received the Sahitya Akademi Translation Award in 2008.
6. World Suicide Prevention Day 2026
World Suicide Prevention Day is observed annually on 10 September to raise awareness and reduce stigma around suicide.
The 2024–26 theme is “Changing the Narrative on Suicide”, with the call to action “Start the Conversation.”
The day was established in 2003 by the International Association for Suicide Prevention in collaboration with WHO.
The first observance was held on 10 September 2003 in Stockholm, Sweden.
7. National Forest Martyrs Day 2026
National Forest Martyrs Day is observed in India on 11 September to honour people who lost their lives protecting forests and wildlife.
The day commemorates the Khejarli Massacre of 1730 in Rajasthan.
The observance was designated by the Ministry of Environment, Forest and Climate Change in 2013.
The day is commemorated at the National Forest Martyrs Memorial in Dehradun.
8. International Day for South-South Cooperation 2026
The International Day for South-South Cooperation is observed annually on 12 September.
The 2026 theme is “Solidarity Rising: Global Alliance for Inclusive and Innovative Development.”
It promotes cooperation among developing countries in economic, social, cultural, technical and political fields.
The date commemorates the 1978 Buenos Aires Plan of Action (BAPA) on technical cooperation among developing countries.
Five to remember · 15 September 2026
Launched in 2020 with an outlay of ₹20,050 crore, it aims to promote sustainable and responsible fisheries development. PM Matsya Sampada Yojana Completes Six Years
The Chhattisgarh Cabinet approved the CM Startup and New-Age Industry Preparedness through Up-skilling of New Generation Youth (NIPUN) Mission with an outlay of ₹500 crore for five years. Chhattisgarh CM Startup and NIPUN Mission
The 2024–26 theme is “Changing the Narrative on Suicide”, with the call to action “Start the Conversation.”World Suicide Prevention Day 2026
The inaugural International Space Summit 2026 was held in Paris on 9–10 September 2026. International Space Summit 2026
He also received the Sahitya Akademi Translation Award in 2008. N. Purushothama Mallya Passes Away
Agriculture 7 · Schemes 2 · Reports & Articles 1 · PIB 1 · Banking and Finance 8 · Economy 3 · Social Issue 2 · Misc GA 17
NABARD Current Affairs
Agriculture
1. Badri Cattle
Source: Global Agriculture | Subject: Species in News / Science and Technology
Context India produced its first Badri calf through OPU-IVF technology at Pantnagar — a milestone for indigenous cattle conservation.
What It Is
An indigenous humped cattle (Bos indicus) breed native to the Himalayan region of Uttarakhand
Locally called Pahadi
Named after the holy shrine of Badrinath
The first cattle breed from Uttarakhand to be officially certified and registered by ICAR's NBAGR
Recognised as the state animal of Uttarakhand
Habitat
Found across the hilly and mountainous tracts of Uttarakhand
Particularly in the Garhwal and Kumaon divisions — Almora, Pauri Garhwal, Chamoli and Champawat
Thrives in high-altitude environments, uneven slopes and cold climates where exotic or plains-bred cattle struggle to adapt
Important Facts for Exams
Badri cattle — Bos indicus, indigenous to Uttarakhand; locally Pahadi; the state animal
Named after the Badrinath shrine
The first Uttarakhand cattle breed registered by NBAGR
Found in Garhwal and Kumaon — Almora, Pauri Garhwal, Chamoli, Champawat
Classified as a dual-purpose breed
NBAGR — National Bureau of Animal Genetic Resources, Karnal, the nodal body for breed registration
Bos indicus — humped, zebu cattle of the tropics; Bos taurus — humpless European cattle
The first Badri calf through OPU-IVF was born 11 September 2026, from a Sahiwal surrogate, in a collaboration between ICAR-NDRI Karnal and GBPUAT Pantnagar, funded by the Uttarakhand Biotechnology Council, Haldi
Cloned Badri embryos have also been generated, with cloning of elite cows under exploration
2. PM Kisan Maandhan Yojana Completes Seven Years
Source: PIB
Context On 12 September 2026, the Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) completed seven years — a voluntary contributory pension scheme for the old-age social security of Small and Marginal Farmers (SMFs).
The Scheme
Launched in 2019 by the Ministry of Agriculture and Farmers Welfare
Implemented with the Life Insurance Corporation of India (LIC) as the pension fund manager
A voluntary, contributory old-age pension scheme
Offers eligible landholding SMFs a steady monthly pension from the age of 60
Eligibility
Small and marginal farmers with cultivable landholding up to 2 hectares
Aged 18 to 40 years
Name appearing in the land records of the respective State or UT as on 1 August 2019
Important Facts for Exams
PM-KMY launched 2019; completed seven years on 12 September 2026
Implemented by the Ministry of Agriculture and Farmers Welfare with LIC
Eligibility: landholding up to 2 hectares, age 18–40, land records as on 1 August 2019
Contribution ₹55–₹200 per month, age-based
Assured pension of ₹3,000 per month on attaining 60 years
The Central Government makes an equal matching contribution to the pension fund
On the pensioner's death, the spouse receives 50 per cent as family pension
Farmers may opt to have contributions deducted from their PM-KISAN benefits
3. GOBARdhan Scheme Guidelines Rolled Out
Source: Business Standard
Context The government notified detailed operational guidelines for the ₹23,731 crore GOBARdhan scheme, to develop India's compressed biogas (CBG) sector — assuring full offtake and introducing a pricing mechanism. The Cabinet approved the scheme last month.
What is GOBARdhan Scheme
GOBARdhan stands for Galvanizing Organic Bio-Agro Resources Dhan. It is a Government of India initiative to convert cattle dung, agricultural waste, kitchen waste and other biodegradable waste into useful products such as biogas, Compressed Biogas (CBG) and organic manure.
About
Launched: 2018
Ministry: Ministry of Jal Shakti
Nodal Department: Department of Drinking Water and Sanitation (DDWS)
A village collects cattle dung and crop residue→ puts it into a biogas plant → produces biogas for energy → the remaining bio-slurry can be used as organic manure.
This helps farmers earn additional income while reducing waste and pollution.
4. 9th ASEAN–India Ministerial Meeting on Agriculture and Forestry
The 9th ASEAN–India Ministerial Meeting on Agriculture and Forestry (AIMMAF) was held in New Delhi on 9 September 2026.
India and ASEAN reaffirmed cooperation for a food-secure, sustainable and climate-resilient agricultural sector.
Key areas include climate-resilient agriculture, low-emission rice, water productivity, AI-enabled digital agriculture, soil health and agroforestry.
India–ASEAN trade in goods reached USD 128 billion in FY2025–26.
5. Dryland Congress 2026 and Delhi Declaration on Drylands
Dryland Congress 2026 concluded in New Delhi with the Delhi Declaration on Drylands (3D).
The Congress focused on sustainable dryland agriculture and stronger South–South and triangular cooperation.
It was organised by ICAR and ICRISAT under the theme “Transforming Dryland Agriculture with South–South Cooperation.”
The event also marked 50 years of the ICAR–ICRISAT partnership.
6. Mangrove GIS Portal Launched in Gujarat
Union Minister Bhupender Yadav launched the Mangrove Geographic Information System (MGIS) Portal in Bhuj, Gujarat.
The portal supports habitat monitoring, conservation planning and technology-based mangrove restoration.
Gujarat has restored 27,652 hectares of mangroves under MISHTI, against the 2023–27 target of 29,250 hectares.
The Guneri Inland Mangrove ecosystem was highlighted as an important community-led conservation initiative.
7. New Amphibian Species ‘Gegeneophis chandgadi’ Discovered
Scientists discovered a new subterranean, legless amphibian species, Gegeneophis chandgadi, in Chandgad, Kolhapur, Maharashtra.
It is a caecilian, a group of worm-like amphibians adapted mainly to underground life.
The species was found in residential and agricultural landscapes near human habitation.
The discovery takes the number of Gegeneophis species recorded in India to 12, with 11 endemic to the Western Ghats.
Schemes
1. Pension Sakhi Initiative for Rural Pension Coverage
The Department of Rural Development (DoRD) and PFRDA signed an MoU to expand pension awareness and enrolment among rural households.
The initiative will use the women-led DAY-NRLM network, including BC Sakhis and community resource persons.
Pension Sakhis will assist rural women, SHG members, Lakhpati Didis and other underserved groups with pension enrolment and financial literacy.
Digital dashboards and the LoKoS system will monitor outreach, enrolment and service delivery.
Context A Merchant Discount Rate (MDR) framework for UPI has been introduced, effective 15 October 2026, applying to merchant transactions with specified exemptions.
What MDR Is
A fee charged within the merchant payment ecosystem for processing digital transactions
Applies to certain Person-to-Merchant (P2M) transactions
Shared among banks, payment service providers and UPI app providers
It is not a tax or government levy, and customers are not required to pay it
Introduced under the Payment and Settlement Systems Act, 2007
Capital market — mutual funds, securities, stockbrokers
0.02 per cent, capped at ₹300
No charges on payments up to ₹2,000 through RuPay debit cards either
Exemptions
All P2P transactions — zero MDR
P2M up to ₹2,000 — zero MDR
Small merchants under P2PM — zero MDR up to ₹1 lakh monthly receipts
UPI AutoPay and Mandates — including recurring utility bills, subscriptions and investments
Financial Inclusion Provision
5 per cent of collections will fund UPI adoption among small merchants
About UPI
A real-time payment system enabling 24/7 instant, interoperable and secure transactions
The world's largest retail fast payment system by transaction volume
Developed by the NPCI
Key features: two-factor authentication, open API, single app integration across multiple bank accounts
International Acceptance
UPI is accepted in 11 countries: Greece, Maldives, UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius, Qatar and Cambodia
2. EPFO Wage Ceiling Raised to ₹25,000
The Union Cabinet approved an increase in the EPFO wage ceiling from ₹15,000 to ₹25,000 per month, effective 17 September 2026.
More than 51 lakh additional employees are expected to come under mandatory EPFO coverage.
The government is expected to spend around ₹11,339 crore annually, with approximately ₹56,696 crore over five years.
The expanded coverage relates to EPF, Employees’ Pension Scheme (EPS) and Employees’ Deposit Linked Insurance (EDLI), subject to applicable provisions.
3. RBI Absorbs ₹3.93 Trillion Through VRRR
RBI absorbed ₹3,93,352 crore through a Variable Rate Reverse Repo (VRRR) auction against the notified ₹5 trillion.
The cut-off rate was 5.24%, while surplus liquidity in the banking system was around ₹10.73 trillion on 11 September.
RBI also announced ₹1 trillion of Open Market Operation (OMO) sales in three tranches.
VRRR absorbs temporary liquidity, while OMO sales can be used to manage more durable liquidity conditions.
4. TCS–DGCX Partnership to Modernise Derivatives Infrastructure
Tata Consultancy Services (TCS) partnered with the Dubai Gold and Commodities Exchange (DGCX) to modernise its trading, clearing and surveillance infrastructure.
The technology upgrade will use platforms including TCS BaNCS for Market Infrastructure and Quartz for Surveillance.
The system will support derivatives covering energy commodities, currencies, equities, bullion and precious metals.
It will also support emerging areas such as crypto and tokenised assets.
Context India retained its 131st rank on the Global Gender Gap Index 2026, released by the World Economic Forum.
India's Position
Rank: 131, unchanged from last year
Progress toward gender parity: 64.5 per cent — below the global average
India's score improved slightly, but the ranking remained unchanged
The Top Three
Iceland
Finland
Norway
The Bottom Three
Chad — the lowest-ranked country
Iran and Pakistan complete the bottom three
Countries Ranked Below India
14 countries, including Papua New Guinea, Kuwait, Oman, Qatar, Tajikistan, Saudi Arabia, Egypt, Morocco, Mali, Algeria and Congo.
Important Facts for Exams
Global Gender Gap Index — published by the World Economic Forum, first in 2006; headquartered at Cologny, Geneva
India's rank: 131; parity score 64.5 per cent
Iceland has topped the index for over a decade
The index measures parity across four sub-indices:
Economic Participation and Opportunity
Educational Attainment
Health and Survival
Political Empowerment
India has historically scored well on Political Empowerment but poorly on Economic Participation and Health and Survival — particularly on sex ratio at birth
The index measures gaps between women and men, not absolute levels — so a poor country with equal outcomes can rank above a rich one with unequal outcomes
A score of 1 = full parity; 0 = complete imparity
Other WEF publications: the Global Risks Report, Global Competitiveness Report, Travel and Tourism Development Index, and the Future of Jobs Report
Related Indian data: female labour force participation 41.7 per cent (2023-24); women hold 55.7 per cent of Jan Dhan accounts; women are over one-third of the workforce in 237 districts (ASUSE 2025)
3. NITI Aayog India Electric Mobility Index (IEMI) 2025
Source: Indian Express
ContextDelhi topped NITI Aayog's India Electric Mobility Index (IEMI) 2025, followed by Maharashtra and Karnataka — the only two of 17 large states among the top performers in EV implementation.
About the Index
A composite index assessing the policy framework and implementation outcomes for e-mobility at state level
Developed by NITI Aayog with WRI India
Covers 36 States and UTs
Composite scores range from 10 to 84, with a median of 40
The Three Themes and Weights
Theme
Weight
Transport Electrification Progress
50 per cent
Charging Infrastructure Readiness
30 per cent
EV Research and Innovation Status
20 per cent
Overall Rankings
Rank
State/UT
Score
1
Delhi
84
2
Maharashtra
78
3
Karnataka
73
4
Chandigarh
71
5
Goa
65
Important Facts for Exams
IEMI 2025 — by NITI Aayog with WRI India; covers 36 States and UTs
Madhya Pradesh rose from 23rd to 7th; Goa climbed ten places
Karnataka leads charging readiness (97); Delhi leads research and innovation (94)
Only three — Delhi, Chandigarh, Maharashtra — are top performers in transport electrification
4. VIMARSH 2026
Source: PIB
Context The Ministry of Defence organised VIMARSH 2026, a DRDO-Industry Synergy Meet, in New Delhi under the theme "Varta se Vikas" — development through dialogue.
What It Is
A DRDO-industry engagement platform connecting defence R&D with private industry, MSMEs, start-ups, academia and manufacturing partners
Seeks to transform defence collaboration from a buyer-seller model to a co-created technology ecosystem — spanning research, design, testing and production
Aim
Strengthen DRDO-industry collaboration
Reduce entry barriers for MSMEs and deep-tech start-ups
Accelerate the development and induction of indigenous defence technologies
Economy
1. India–MERCOSUR Agreement for Paperless Trade
India and MERCOSUR signed the First Additional Protocol to their Preferential Trade Agreement (PTA).
It gives electronic Certificates of Origin (e-CoO) the same legal validity as paper certificates when issued and electronically signed by authorised entities.
The move aims to modernise customs procedures and simplify preferential trade.
The agreement also covers areas such as digital cooperation, AI, High-Performance Computing and taxation.
2. India–Vietnam to Observe 2027 as Year of Friendship
India and Vietnam agreed to observe 2027 as the “Year of India–Vietnam Friendship” to mark 55 years of diplomatic relations.
Both sides agreed to strengthen trade, investment, supply chains, connectivity and market access.
Defence cooperation, including co-production of Indian defence equipment, will also be strengthened.
The two countries aim to achieve USD 25 billion in bilateral trade by 2030.
3. Kishau Multipurpose Dam Project
Six governments signed an agreement for the long-pending Kishau Multipurpose Project, estimated at ₹15,000 crore.
The project involves a 232.6-metre concrete gravity dam and a 422 MW hydropower plant on the Tons River.
Himachal Pradesh and Uttarakhand are the host states.
Uttar Pradesh, Haryana, Rajasthan and Delhi are the beneficiary regions through water and power benefits.
Social Issue
1. International Day of Democracy 2026
The International Day of Democracy is observed on 15 September to promote democratic values and institutions.
The 2026 theme is “Bring human rights into focus.”
The UN General Assembly officially declared 15 September as the International Day of Democracy in 2007.
The first observance was held in 2008.
2. International Day for the Preservation of the Ozone Layer 2026
World Ozone Day is observed on 16 September to raise awareness about protecting the ozone layer.
The 2026 theme is “Global action for a cooler planet.”
The date marks the signing of the Montreal Protocol in 1987.
The UN declared 16 September as the International Day for the Preservation of the Ozone Layer in 1994.
Misc GA
1. India–Sri Lanka Defence Cooperation
Defence Minister Rajnath Singh visited Sri Lanka from 8–10 September 2026 to strengthen bilateral defence and maritime cooperation.
India and Sri Lanka signed three MoUs covering air-defence capability, military education and youth cooperation.
India will help upgrade six 40-mm L70 anti-aircraft guns for the Sri Lankan Air Force through a government grant.
The two countries also strengthened institutional cooperation between their National Defence Colleges and National Cadet Corps.
2. International Space Summit 2026
The inaugural International Space Summit 2026 was held in Paris on 9–10 September 2026.
Representatives from nearly 90 countries participated.
The summit focused on space economy, science and exploration, space security and sustainable space activities.
India and France signed agreements covering satellite launches, surveillance systems and microsatellite development.
3. India–Malaysia Exercise Samudra Laksamana 2026
The 4th edition of the India–Malaysia maritime exercise Samudra Laksamana was held at Lumut, Malaysia.
It aims to improve maritime cooperation, professional knowledge sharing and interoperability.
The exercise consisted of Harbour and Sea Phases.
The Royal Malaysian Navy participated with KD Lekir and KD Gagah Sam.
4. ‘Ophiopogon japonicus’ Recorded in India for the First Time
Researchers from the Wildlife Institute of India (WII) and the Uluberia Botanical Institute Herbarium recorded Ophiopogon japonicus for the first time in India.
The species was found in West Kameng district, Arunachal Pradesh.
It is an evergreen perennial herb of the Asparagaceae family, commonly called dwarf lilyturf or mondo grass.
Its roots are traditionally used in East Asian medicine.
5. Women’s T20 Asia Cup 2026
India won the 2026 Women’s T20 Asia Cup, defeating Sri Lanka by 72 runs in the final in Dubai.
It was India's record-extending eighth Women’s Asia Cup title.
Shafali Verma scored 68 off 39 balls and was named Player of the Match.
Shafali and Smriti Mandhana shared a record 129-run opening partnership in the final.
6. US Open 2026
Alexander Zverev won the men's singles title, while Elena Rybakina won the women's singles title at the 2026 US Open.
Zverev defeated Ben Shelton in the men's final.
Rybakina defeated two-time defending champion Aryna Sabalenka in the women's final.
The tournament was held at the USTA Billie Jean King National Tennis Center, New York.
7. Dhiraj Bommadevara Wins Archery World Cup Final
Dhiraj Bommadevara became the first Indian male recurve archer to win the individual title at the Archery World Cup Final.
He defeated Japan's Junya Nakanishi in the final in Saltillo, Mexico.
He became the second Indian archer to win an individual World Cup Final title after Dola Banerjee.
India won 7 medals across the 2026 Archery World Cup stages.
8. James Rodríguez Retires from International Football
Colombian footballer James Rodríguez announced his retirement from international football at the age of 35.
He ended his international career with 131 caps and 31 goals for Colombia.
He became globally prominent during the 2014 FIFA World Cup, where he won the Golden Boot.
He also won the FIFA Puskás Award for his goal against Uruguay in 2014.
9. Nairobi to Host 2029 World Athletics Championships
Nairobi, Kenya was selected to host the 2029 World Athletics Championships.
It will be the first edition of the World Athletics Championships to be held in Africa.
The event will follow the 2027 championships in Beijing, China.
Nairobi was selected after competing bids from London and Rome.
10. UEFA Champions League Finals 2028–29
Munich Football Arena will host the 2028 UEFA Champions League final.
Camp Nou in Barcelona will host the 2029 final.
Barcelona will host the Champions League final for the first time since 1999.
UEFA also finalised venues for other European club competition finals.
11. Princess Astrid of Norway Passes Away
Princess Astrid Maud Ingeborg of Norway passed away at the age of 94 on 11 September 2026.
She was the elder sister of the late King Harald V and late Princess Ragnhild.
She served as First Lady of Norway from 1954 to 1968.
She continued to undertake official and humanitarian duties for the Norwegian Royal Family for several decades.
12. National Engineer’s Day 2026
National Engineer’s Day is observed in India on 15 September.
It commemorates the birth anniversary of Bharat Ratna Sir Mokshagundam Visvesvaraya.
The Government of India designated 15 September as National Engineer’s Day in 1968.
The first observance was held on 15 September 1968.
13. Hindi Diwas 2026
Hindi Diwas is observed on 14 September to mark the Constituent Assembly's 1949 decision regarding Hindi in the Devanagari script.
14 September 2026 marks the 77th anniversary of this decision.
The day is also associated with the birth anniversary of Beohar Rajendra Simha.
The 6th All India Official Language Conference was held in Mumbai as part of the 2026 observance.
14. 6th All India Official Language Conference
The conference was organised by the Department of Official Language, Ministry of Home Affairs.
It is an annual national conference on the use and promotion of official language Hindi.
The conference was initiated in 2021 and is held in different Indian cities.
Rajbhasha Gaurav and Rajbhasha Kirti Awards for 2025–26 were presented during the event.
15. N. Purushothama Mallya Passes Away
N. Purushothama Mallya, educationist, writer and Konkani language activist, passed away at the age of 97.
He received the Padma Shri in 2015 for Literature and Education.
He contributed significantly to Konkani literature and linguistic integration.
He received the Sahitya Akademi Translation Award in 2008 for translating Thirukkural into Konkani.
16. Former Andhra Pradesh Deputy CM Alla Nani Passes Away
Alla Kali Krishna Srinivas (Alla Nani), former Deputy Chief Minister of Andhra Pradesh, passed away at the age of 56.
He represented the Eluru Assembly constituency and was elected to the state Assembly multiple times.
He served as Deputy Chief Minister and Minister for Health, Family Welfare and Medical Education from 2019 to 2022.
He was associated with the YSR Congress Party (YSRCP).
17. Book: ‘A Century of Service – The RSS in 100 Acts of Seva’
Vice President C. P. Radhakrishnan released the book authored by Dr. Tamilisai Soundararajan.
The book presents 100 acts of seva (service) associated with the Rashtriya Swayamsevak Sangh.
Its stated theme is “Nation-Building Through Character-Building.”
The book focuses on social-service activities, community initiatives and nation-building efforts associated with the organisation.
Five to remember · 16 & 17 September 2026
Launched in 2019 by the Ministry of Agriculture and Farmers WelfarePM Kisan Maandhan Yojana Completes Seven Years
Global Gender Gap Index — published by the World Economic Forum, first in 2006; headquartered at Cologny, GenevaIndia at 131st in Global Gender Gap Index 2026
The first Badri calf through OPU-IVF was born 11 September 2026, from a Sahiwal surrogate, in a collaboration between ICAR-NDRI Karnal and GBPUAT Pantnagar, funded by the Uttarakhand Biotechnology Council, HaldiBadri Cattle
The overall unemployment rate (UR) for persons aged 15 years and above declined from 5.1% in July to 5.0% in August 2026. PLFS Monthly Bulletin – August 2026
The Indian Air Force (IAF) organised its first Dronathon-2026 at the Pokhran Field Firing Range, Jaisalmer, from 14–16 September 2026. Indian Air Force Dronathon-2026
Agriculture 4 · PIB 2 · Banking and Finance 1 · Social Issue 3 · Economy 1 · Misc GA 4
NABARD Current Affairs
Agriculture
1. The Cheetah and Project Cheetah
Source: ThePrint
Context A four-year status review of Project Cheetah released by Kuno National Park shows India's cheetah population has risen to 52, including 32 cubs born on Indian soil. The programme has entered the consolidation phase.
About the Cheetah
Acinonyx jubatus — a large felid of the family Felidae
The sole extant member of the genus Acinonyx
The fastest living terrestrial animal, accelerating from 0 to 100 km/h in about three seconds
Conservation Status
IUCN:Vulnerable globally; the Asiatic subspecies is Critically Endangered
CITES: Appendix I
Important Facts for Exams
Cheetah population: 52 — 49 at Kuno, 3 at Gandhi Sagar; 32 cubs born in India
17 free-ranging at Kuno; the programme is in its consolidation phase
Acinonyx jubatus; sole member of genus Acinonyx
IUCN Vulnerable; Asiatic subspecies Critically Endangered; CITES Appendix I
Declared extinct in India in 1952; the last were reportedly shot in Koriya, present-day Chhattisgarh
Project Cheetah launched 17 September 2022 at Kuno, with 8 cheetahs from Namibia; 12 more from South Africa in February 2023
The world's first intercontinental large carnivore translocation
Kuno is in Sheopur district, and Gandhi Sagar in Mandsaur-Neemuch, both in Madhya Pradesh
The cheetah is the only large carnivore to have gone extinct in independent India
Context Scientists from the Zoological Survey of India and Savitribai Phule Pune University described a new limbless amphibian, Gegeneophis chandgadi, discovered in backyard leaf litter in Buzawade village, Maharashtra's Western Ghats.
What It Is
A subterranean, limbless amphibian — a caecilian
Family Grandisoniidae; genus Gegeneophis, commonly called blind caecilians
An annulocylix caecilian — slender, ringed and cylindrical, without a tail
Where Found
Buzawade village, Chandgad taluka, Kolhapur district
In the northern Western Ghats of Maharashtra
Habitat
Highly fossorial — spends nearly its entire life underground
Inhabits human-modified rural agroecosystems and village backyards
Thrives beneath decaying wood piles, compost and organic waste, and moist bamboo leaf litter
Where rich organic matter is conserved and synthetic chemical pesticides are avoided
Important Facts for Exams
Gegeneophis chandgadi — a caecilian, family Grandisoniidae
Found at Buzawade village, Chandgad taluka, Kolhapur district, northern Western Ghats
Described by the Zoological Survey of India and Savitribai Phule Pune University
Caecilians form the order Gymnophiona — the third order of amphibians, alongside Anura (frogs and toads) and Caudata/Urodela (salamanders and newts)
They are limbless, burrowing amphibians with vestigial eyes and chemosensory tentacles
Fossorial — adapted to digging and living underground
Annuli — the ring-like folds encircling the body
Notable: the species was found in a human-modified backyard, not pristine forest — showing agroecosystems free of pesticides can hold undescribed biodiversity
The Western Ghats is a UNESCO World Heritage Site and one of the world's eight hottest biodiversity hotspots
ZSI — Zoological Survey of India, established 1916, headquartered at Kolkata, under the MoEFCC
3. PM Vishwakarma Completes Three Years
Source: PIB
Context On 17 September 2026, the PM Vishwakarma Scheme completed three years, reaching 30 lakh registrations. The Ministry of MSME marked the anniversary at the Dhono Dhanyo Auditorium, Kolkata, West Bengal.
Objective
End-to-end support to traditional artisans and craftspeople engaged in 18 identified trades
The Three Pillars
Samman (Respect) — formal identification through PM Vishwakarma Certificates and digital ID cards
Samarthya (Capability) — multi-tier skill upgradation, exposure to modern tooling, and formalisation via the Udyam Assist Platform (UAP)
Samriddhi (Prosperity) — concessional credit, doorstep toolkits, monthly digital transaction cashbacks and market linkages, while preserving the Guru-Shishya parampara
Important Facts for Exams
PM Vishwakarma launched 17 September 2023, on Vishwakarma Jayanti; completed three years with 30 lakh registrations
Covers 18 traditional trades
Outlay: ₹13,000 crore for FY2023-24 to FY2027-28
A Central Sector Scheme, fully funded by the Centre
Jointly implemented by MoMSME, MSDE and DFS
Training stipend ₹500 per day; toolkit incentive ₹15,000 by e-voucher
Loan: ₹1 lakh (18 months) + ₹2 lakh (30 months) at 5 per cent, with 8 per cent interest subvention
Also provides a PM Vishwakarma certificate and ID card, incentive of ₹1 per digital transaction (up to 100 monthly), and marketing support
Basic training: 5–7 days; advanced training: 15 days or more
Registration through Common Service Centres, with three-tier verification — Gram Panchayat/ULB, District Implementation Committee, and Screening Committee
The 18 trades include carpenter, boat maker, blacksmith, goldsmith, potter, cobbler, mason, basket/mat/broom maker, doll and toy maker, barber, garland maker, washerman, tailor and fishing net maker
Eligibility: artisan aged 18 or above, engaged in one of the 18 trades in an unorganised, self-employed capacity
4. Kishau Multipurpose Project Agreement Signed by Six States
Six states — Himachal Pradesh, Haryana, Uttarakhand, Uttar Pradesh, Delhi and Rajasthan — signed an agreement for the Kishau Multipurpose Project.
The 422 MW project will support water storage, irrigation and the rejuvenation of the Yamuna River.
A 232.6-metre-high concrete gravity dam will be built on the Tons River with 1,562 MCM storage capacity.
The project is a National Project, with 90% funding by the Centre and 10% by the participating state
PIB
1. NIELIT–Infineon Centre of Excellence for Semiconductor Manufacturing
NIELIT and Infineon Technologies inaugurated a Centre of Excellence (CoE) on semiconductor manufacturing in Ahmedabad, Gujarat.
The centre will provide practical training in ATMP, OSAT and semiconductor backend manufacturing.
Infineon supplied 8 semiconductor manufacturing equipment units for training and skill development.
2. AI Centre of Excellence Approved for Bhubaneswar
MeitY granted in-principle approval for an AI Centre of Excellence in Bhubaneswar, Odisha under the IndiaAI Mission.
The centre will focus on AI innovation, startup incubation and responsible AI deployment.
Key focus areas include healthcare, governance, disaster management, education, coastal and marine economy and fisheries.
RBI Current Affairs
Banking and Finance
1. RBI Conducts ₹50,000 Crore OMO Sale
RBI sold ₹50,000 crore of Government Securities through an Open Market Operation (OMO) to absorb durable liquidity.
It is the first tranche of a ₹1 trillion OMO sale programme; ₹25,000 crore each is scheduled for 21 and 28 September 2026.
Net liquidity surplus stood at ₹7.37 trillion, while durable liquidity was estimated at around ₹14 trillion by mid-September.
WACR stood at 5.05%, compared with the 5.25% repo rate.
Context The Ministry of Home Affairs reached an in-principle understanding with the Apex Body, Leh (ABL) and the Kargil Democratic Alliance (KDA) to propose inserting a new Article 371K into the Constitution.
What Asymmetric Federalism Means
Part XXI of the Constitution — Temporary, Transitional and Special Provisions
Embodies the constitutional flexibility to grant differentiated political, cultural, economic and administrative protections to specific regions
Based on unique historical, ethnic or developmental circumstances
How Article 371 Evolved
Original purpose (1950) — not for cultural or tribal autonomy. It was a transitional administrative mechanism placing erstwhile princely states (Part B States such as Mysore, Hyderabad and Rajasthan) under Presidential supervision for 10 years
1956 reset — the 7th Constitutional Amendment Act abolished the Part A, B and C state classifications; the original Article 371 was replaced to provide development boards for Maharashtra and Gujarat
Subsequent additions — Articles 371A to 371J were added incrementally to manage ethnic rebellions, tribal land rights, border statehood transitions and regional educational and employment disparities
Important Facts for Exams
Part XXI — Temporary, Transitional and Special Provisions; Articles 369 to 392
Article 370 related to Jammu and Kashmir; abrogated in 2019
The 7th Amendment (1956) abolished the Part A, B, C state classification and rewrote Article 371
371A (Nagaland) and 371G (Mizoram) are the strongest — central laws on land and custom need Assembly concurrence
371A arose from the 16-Point Agreement, 1960; 371G from the Mizo Peace Accord, 1986
371D/E arose from the Six-Point Formula for Andhra Pradesh
371J covers Kalyana-Karnataka, added by the 98th Amendment, 2012
Proposed 371K — a directly elected UT-level legislative body for Ladakh, without statehood or Sixth Schedule status
Sixth Schedule applies to tribal areas of Assam, Meghalaya, Tripura and Mizoram, through Autonomous District Councils
Ladakh currently has one Lok Sabha seat and no Rajya Sabha representation
LAHDC Leh (1995) and LAHDC Kargil (2003) operate under the LAHDC Act, 1997
ContextKerala will become the first State in India to introduce a mandatory computer-based Hazard Perception Test (HPT) for driving licence applicants, from December 2026.
What It Is
A computer-based road-safety assessment
Uses simulated traffic situations to test whether applicants can identify potential hazards at the appropriate time
The provision for such an assessment already exists under the Central Motor Vehicles Rules
Aim
Move driver testing beyond knowledge of traffic rules and vehicle handling
Toward real-world hazard recognition, anticipation and safer decision-making
Important Facts for Exams
Kerala — the first State to make the Hazard Perception Test mandatory, from December 2026
Provision already available under the Central Motor Vehicles Rules, 1989
The test measures anticipation, not rule knowledge — the gap between knowing a rule and reacting in time
The UK pioneered the HPT in 2002, as part of its theory test; Australia and several other countries also use it
Driving licences in India are issued by State Transport Authorities / RTOs under the Motor Vehicles Act, 1988
Motor vehicles is a Concurrent List subject
Road accident data 2024:4,87,707 accidents and 1,77,175 deaths; about 485 deaths daily
Accident severity rose from 21.6 (2005) to 36.3 (2024) deaths per 100 accidents
Two-wheeler riders 46.2 per cent and pedestrians 20.6 per cent of fatalities
18–45 age group: 66.1 per cent of deaths; estimated 3 per cent GDP loss
Related: the Motor Vehicles (Amendment) Act, 2019, which introduced electronic enforcement (136A), Good Samaritan protection (134A), Golden Hour cashless treatment (162), contractor liability (198A) and vehicle recall (110A)
Also related: automated driving test tracks, Bharat NCAP vehicle safety ratings, and the Safe Systems approach
India is a signatory to the Brasilia Declaration and committed to SDG 3.6 — halving road traffic deaths
Economy
1. India’s Exports Rise 15.5% to USD 399.27 Billion
India’s combined merchandise and services exports reached USD 399.27 billion during April–August 2026, growing 15.5%.
Merchandise exports during the period stood at USD 215.91 billion.
Total imports reached USD 459.65 billion, registering 18.01% growth.
In August 2026, combined exports were USD 82.68 billion, while imports stood at USD 92.09 billion.
Social Issue
1. Stem Cell Therapy for Autism Restricted to Approved Clinical Trials
The Union Health Ministry directed States and UTs to ensure that stem cell therapy for Autism Spectrum Disorder (ASD) is provided only through duly approved clinical trials.
The advisory was issued on 16 September 2026 and reiterates the existing regulatory framework for stem cell therapy.
The advisory follows the Supreme Court judgment of 30 January 2026 in Yash Charitable Trust & Ors. v. Union of India & Ors.
Misc GA
1. Anant Nag to Receive Dadasaheb Phalke Award 2024
Veteran actor Anant Nag will receive the Dadasaheb Phalke Award 2024 for his contribution to Indian cinema.
He will be honoured during the 72nd National Film Awards ceremony on 22 September 2026.
He will become the 56th recipient and the second Kannada cinema artist to receive the award after Rajkumar.
2. CBFC Reconstituted with 18 Members
The Government reconstituted the Central Board of Film Certification (CBFC) with 18 members for a three-year term.
Shashi Shekhar Vempati will serve as the Chairperson.
The board includes personalities such as Preity Zinta, Suniel Shetty, Pankaj Tripathi and Pallavi Joshi.
3. Sanjukta Parashar Becomes First Woman IG of CRPF CoBRA
IPS officer Sanjukta Parashar took charge as the Inspector General of CRPF CoBRA.
She became the first woman officer to lead the elite CoBRA jungle-warfare force.
CoBRA is a specialised 10-battalion CRPF unit trained mainly for guerrilla warfare, long-range operations and counter-insurgency.
4. International Day of Science, Technology and Innovation for the South
The International Day of STI for the South is observed annually on 16 September.
The day highlights the role of science, technology and innovation in sustainable development, particularly in the Global South.
The UN General Assembly officially recognised the day through Resolution A/RES/78/259 in 2024.
Five to remember · 18 September 2026
On 17 September 2026, the PM Vishwakarma Scheme completed three years, reaching 30 lakh registrations. The Ministry of MSME marked the anniversary at the Dhono Dhanyo Auditorium, Kolkata, West Bengal. PM Vishwakarma Completes Three Years
It is the first tranche of a ₹1 trillion OMO sale programme; ₹25,000 crore each is scheduled for 21 and 28 September 2026. RBI Conducts ₹50,000 Crore OMO Sale
371J covers Kalyana-Karnataka, added by the 98th Amendment, 2012Article 371 and Asymmetric Federalism
Kerala — the first State to make the Hazard Perception Test mandatory, from December 2026Hazard Perception Test
India’s combined merchandise and services exports reached USD 399.27 billion during April–August 2026, growing 15.5%. India’s Exports Rise 15.5% to USD 399.27 Billion
Context The FAO, with the Landscape Alliance (CIFOR-ICRAF), published "Forests for Food: Nourishing People, Sustaining the Planet" — developed under the Collaborative Partnership on Forests (CPF) Joint Initiative.
What It Is
Synthesises global evidence on the links between forests and the four dimensions of Food Security and Nutrition — availability, access, utilisation and stability
Addresses a systemic knowledge gap caused by:
Absence of globally standardised definitions
Unrecorded informal wild-food consumption
Fragmented policy silos across agriculture, forestry and health
Key Findings
Over 5 billion people depend to some extent on forests for livelihoods; forests generate up to 20 per cent of rural household income in several developing regions
More than 50,000 wild species are used globally for food, energy, medicine and materials — including at least 10,000 consumed directly as human food
In remote forest-dependent communities, wild forest foods supply up to 80 per cent of daily dietary protein and nearly half of total food mass by weight
1.8 billion people (23 per cent of the global population) relied primarily on woodfuel for cooking in 2022; 410 million depended on wood energy to boil and sterilise drinking water
Forests host pollinators supporting 35 per cent of global crop production; forested watersheds supply freshwater to over 85 per cent of the world's major cities
Agricultural zones across 155 countries depend on forests in other countries for up to 40 per cent of annual rainfall, through atmospheric moisture recycling and evapotranspiration
More than 1 billion people rely on forest-derived medicinal plants for primary healthcare
10.9 million hectares of forest were deforested annually between 2015 and 2025
Important Facts for Exams
Report: "Forests for Food: Nourishing People, Sustaining the Planet" — by FAO with CIFOR-ICRAF, under the CPF Joint Initiative
FAO — headquartered at Rome, founded 1945; also publishes SOFA, SOFI and the Global Forest Resources Assessment
CIFOR-ICRAF — Center for International Forestry Research and World Agroforestry
Four dimensions of food security: availability, access, utilisation, stability
5 billion people depend on forests; up to 20 per cent of rural income
50,000+ wild species used; 10,000+ eaten directly
80 per cent of protein in remote forest communities from wild foods
1.8 billion rely on woodfuel for cooking; 410 million for boiling water
Pollinators support 35 per cent of global crop production; forested watersheds supply 85 per cent of major cities
155 countries depend on foreign forests for up to 40 per cent of rainfall
Deforestation: 10.9 million ha/year (2015–2025); net loss fell from 10.7 to 4.12 million ha annually
Arapaima — the Amazon giant fish, recovered 30-fold through community management
VGGT — FAO Voluntary Guidelines on Responsible Governance of Tenure
One Health — the integrated approach linking human, animal and environmental health
2. India's First Soil Carbon Payments
Source: PIB
Context India's agricultural carbon market reached a milestone as 2,550+ small farmers in Punjab and Haryana received over ₹2.9 crore through DBT — India's first farm-level soil carbon payments for verified regenerative farming practices.
What It Is
A digital market-linkage mechanism monetising verified soil organic carbon sequestration and greenhouse gas reductions
Rewarding smallholder farmers for regenerative, climate-smart agronomic practices
Implementing Entity
Grow Indigo — an agri-tech joint venture between Mahyco and US-based Indigo Ag
Through its farmer-carbon initiative, the 'Aadi' programme
Background
Initiated in 2019 to curb air pollution from paddy stubble burning in northwestern India and reverse groundwater depletion in the Indo-Gangetic plains
The first payment cycle covers carbon sequestered and emissions avoided between 2019 and 2022
Initial tranche of roughly 30,000 acres, generating over 50,000 internationally certified carbon credits
How it Works?
Stage
How It Works
1. Field Practice Adoption
Farmers adopt Direct Seeded Rice (DSR), minimum tillage, cover crops, and in-situ residue retention, replacing conventional transplanting and stubble burning.
2. Measurement, Reporting & Verification (MRV)
Soil carbon and GHG changes are tracked using satellite data, digital crop models, and periodic soil sampling.
3. Credit Issuance & Monetisation
Verified carbon credits are sold in the voluntary carbon market.
4. Farmer Payment
Farmers receive upfront payments or 75% of the net proceeds from carbon-credit sales.
3. The Bharat Vann Green Initiative
Source: BS
Context Union Finance Minister Nirmala Sitharaman inaugurated the 'Bharat Vann' green initiative at Lodhi Colony Park, Central Delhi — an urban afforestation drive with the New Delhi Municipal Council (NDMC).
What It Is
A dense urban micro-forest project using the Miyawaki afforestation method
High-density planting of multi-layered, indigenous vegetation
To rapidly establish self-sustaining, biodiverse green lungs in degraded or high-density urban spaces
Who Is Involved
Implementing body:New Delhi Municipal Council (NDMC)
Funding: under the CSR initiative of India Infrastructure Finance Company Limited (IIFCL)
Implemented by: the Enviro Creators Foundation
Aim
Accelerate urban ecological restoration
Combat Delhi's particulate air pollution
Lower local urban heat island (UHI) effects
Create accessible public community spaces for wellness and physical activity
RBI Current Affairs
Banking and Finance
1. The EPFO Wage Ceiling
Source: PIB
Context The Union Cabinet approved the Ministry of Labour and Employment's proposal to raise the mandatory wage ceiling under the EPFO from ₹15,000 to ₹25,000 per month.
What the Wage Ceiling Is
The statutory monthly salary threshold — basic pay plus dearness allowance
Determining mandatory coverage under the EPF and Miscellaneous Provisions Act, 1952
Any worker joining an establishment with 20 or more employees at a wage up to this limit must be mandatorily enrolled in the provident fund, pension and insurance schemes
Aim
Align statutory social security with sustained wage growth, rising cost of living and inflation
Ensure entry- and mid-level formal sector workers receive portable, assured retirement savings and survivor benefits
The Revision History
₹6,500 per month from 2004 until 1 September 2014
Revised to ₹15,000 in 2014
Over the following 12 years, rising state minimum wages brought baseline earnings close to or above ₹15,000, leaving new workers outside automatic coverage
The Expenditure Finance Committee cleared the hike to ₹25,000 in June 2026
2. Moody's Raises India's FY27 GDP Forecast to 7%
Source: Business Standar
ContextMoody's Ratings raised its forecast for India's real GDP growth in FY27 to 7 per cent from 6 per cent — citing stronger-than-expected economic activity and the economy's resilience to the West Asia conflict shock.
The Forecast Comparison
Agency
FY27 GDP projection
Moody's
7.0 per cent
RBI
6.7 per cent
ADB
6.6 per cent
S&P Global
6.6 per cent
Goldman Sachs
6.5 per cent
Fitch
6.4 per cent
Moody's projection is the highest among major agencies.
What Drove the Upgrade
Real GDP growth accelerated to 8.2 per cent year-on-year in the first six months of 2026, against 7.3 per cent in 2025
Driven by strong private consumption, robust gross fixed capital formation and sustained services activity
Continued public infrastructure spending and a likely revival in private-sector investment are supporting growth
Important Facts for Exams
Moody's raised FY27 India GDP forecast from 6 per cent to 7 per cent — the highest among major agencies
S&P upgraded India to BBB from BBB− last year, one notch above Fitch and Moody's
Constraints: high general government debt, weak debt affordability, low per capita income
Moody's FY27 inflation projection 4.8 per cent, against 2.4 per cent in FY26
Debt affordability — the share of revenue consumed by interest payments; India's is among the weakest in its rating category
General government debt includes Centre plus states; S&P projects the combined deficit at 7.3 per cent of GDP in FY27
Q1 FY27 GDP was 7.8 per cent, above the RBI's 7 per cent forecast
RBI and NABARD Current Affairs
Economy
1. SEMICON India 2026
Source: TH
Context Prime Minister Narendra Modi inaugurated the 5th edition of SEMICON India 2026 at Yashobhoomi (IICC), New Delhi — coinciding with Vishwakarma Diwas.
What It Is
India's flagship international semiconductor conference and exhibition
The premier nexus connecting the global microelectronics supply chain, fab operators, design startups, academic institutions and policymakers
Organisation
Jointly organised by the India Semiconductor Mission (ISM), MeitY, and SEMI — the global industry association for electronics manufacturing and design
Host venue:Yashobhoomi (India International Convention & Expo Centre), New Delhi
Theme: "Silicon to Systems: Building the Ecosystem"
Aim
Accelerate capital investments
Bridge global technology partnerships
Foster domestic chip design IP
Position India as a trusted, resilient global manufacturing destination across the electronics value chain
Five to remember · 19 September 2026
The Expenditure Finance Committee cleared the hike to ₹25,000 in June 2026The EPFO Wage Ceiling
1.8 billion people (23 per cent of the global population) relied primarily on woodfuel for cooking in 2022; 410 million depended on wood energy to boil and sterilise drinking waterFAO Report: "Forests for Food"
Initiated in 2019 to curb air pollution from paddy stubble burning in northwestern India and reverse groundwater depletion in the Indo-Gangetic plains India's First Soil Carbon Payments
Real GDP growth accelerated to 8.2 per cent year-on-year in the first six months of 2026, against 7.3 per cent in 2025Moody's Raises India's FY27 GDP Forecast to 7%
To rapidly establish self-sustaining, biodiverse green lungs in degraded or high-density urban spaces The Bharat Vann Green Initiative
Agriculture 2 · Schemes 3 · Reports & Articles 1 · PIB 2 · Banking and Finance 8 · Economy 2 · Social Issue 2 · Misc GA 8
NABARD Current Affairs
Agriculture
1. SPROUT Facility Inaugurated at BRIC-NIPGR
Source: PIB
Context Union Minister of State (IC), Science and Technology, Dr Jitendra Singh inaugurated SPROUT — a state-of-the-art agricultural research facility at the BRIC-National Institute of Plant Genome Research (NIPGR), New Delhi — to develop climate-resilient crops.
What SPROUT Stands For
SpeedSeed Phenotyping and Resource Optimization for Unified Trait Analysis
It is an agricultural technology platform focused on rapid and efficient analysis of crop traits.
Speed Seed Phenotyping: Quickly studies and measures important characteristics (traits) of seeds and plants.
Resource Optimization: Helps reduce the time, labour and resources needed for crop evaluation.
Unified Trait Analysis: Brings different crop-trait measurements together for more systematic analysis.
Aim
Develop climate-resilient crops by enabling precise trait evaluation under varied environmental conditions
Strengthen plant genome research and high-throughput phenotyping
Important Facts for Exams
Located at BRIC-NIPGR, New Delhi; Director Prof. Manoj Prasad
Initial crop: chickpea
SpeedSeed / speed breeding cuts crop cycles to about 40 days, allowing several generations per year instead of one or two
Phenotyping — measuring a plant's observable traits (height, yield, stress response); high-throughput means automated, at large scale
Genotype vs phenotype — genotype is the genetic makeup; phenotype is the expressed traits, shaped by genes and environment
BRIC — Biotechnology Research and Innovation Council, an autonomous body under the Department of Biotechnology, formed 2023 by merging 14 DBT institutes
NIPGR — established 1998; focuses on plant genomics
BioE3 Policy — approved 2024, promoting biomanufacturing and a high-performance bioeconomy
India's first genome-edited rice varieties — DRR Dhan 100 (Kamala) and Pusa DST Rice 1 — were released in 2025
SDN-1 and SDN-2 genome editing, which introduces no foreign DNA, is exempt from GM regulation in India
Chickpea (gram) — India's largest pulse crop, a rabi crop; India is the world's largest producer
2. GOBARdhan Scheme Guidelines Issued for CBG Sector
MoPNG issued component-wise operational guidelines for the GOBARdhan Scheme to strengthen India’s Compressed Biogas (CBG) sector.
The Government assured full offtake of CBG available for sale, subject to technical and operational feasibility.
CBG purchase obligation for CGD companies has been fixed at 3% in FY27, 4% in FY28 and 5% from FY29 onwards.
The initial Administered CBG Price (ACP) is ₹2,110/MMBTU, approximately ₹98/kg, for at least 10 years up to 31 March 2036.
Schemes
1. Swachhata Hi Seva 2026 Campaign Launched
The Swachhata Hi Seva (SHS) 2026 campaign was launched on 17 September 2026 by MoHUA and DDWS.
The campaign will continue from 17 September to 2 October 2026, culminating on Gandhi Jayanti.
Its theme is “Swachhata Mein Sahbhag; Swachh Bharat, Viksit Bharat”, focusing on citizen participation and shared responsibility.
Five pillars include Clean Public Places, Swachh Paathshala, SafaiMitra Suraksha Evam Samman, Jan Bhagidari and Swachhata Se Samriddhi.
DoSJE extended its MoU with The Art of Living under the Nasha Mukt Bharat Abhiyaan (NMBA).
The partnership focuses on substance-abuse prevention, awareness, community mobilisation and reducing stigma.
The initiative follows a whole-of-government and whole-of-society approach.
NMBA was launched in 2020 by DoSJE.
3. EMRS Smart Classrooms and Computer Labs in Rajasthan
NSTFDC and HPCL signed an MoU to establish integrated computer labs and smart classrooms in 29 EMRSs across Rajasthan.
The ₹16.01 crore project will benefit more than 10,000 Scheduled Tribe students annually.
Each school will receive four smart classrooms, computer labs and 10 tablets with competitive-exam content.
The project covers 11 districts and is expected to be completed within six months.
Reports & Articles
1. NITI Aayog Releases 9th Trade Watch Quarterly
NITI Aayog released the 9th edition of Trade Watch Quarterly (TWQ) focusing on Metals and Ores Trade for Q1 FY27.
Global goods trade reached USD 13.7 trillion in H1 2026, growing 12.5% year-on-year.
India’s merchandise and services trade reached USD 506.9 billion in Q1 FY27, registering 15.5% growth.
India’s merchandise exports rose 16% to USD 129.5 billion, while imports increased 19.8% to USD 216.1 billion, resulting in an USD 86.6 billion merchandise trade deficit.
PIB
1. NIELIT–Infineon Centre of Excellence for Semiconductor Manufacturing
NIELIT and Infineon Technologies inaugurated a Centre of Excellence on Semiconductor Manufacturing in Ahmedabad, Gujarat.
The centre focuses on ATMP, OSAT and semiconductor workforce development.
Infineon provided 8 industry-grade semiconductor manufacturing equipment units for practical training.
2. AI Centre of Excellence Approved for Bhubaneswar
MeitY granted in-principle approval for an AI Centre of Excellence in Bhubaneswar, Odisha under the IndiaAI Mission.
The centre will promote AI innovation, startup incubation and responsible AI deployment.
Its focus areas include healthcare, governance, disaster management, education, coastal and marine economy and fisheries.
RBI Current Affairs
Banking and Finance
1. NPCI Revises UPI MDR Framework
NPCI released a revised Merchant Discount Rate (MDR) framework, effective from 15 October 2026.
P2P UPI transactions will remain free, irrespective of the transaction amount.
UPI P2M transactions below ₹2,000 will continue to remain free for merchants and users.
For specified categories such as railways, telecom, insurance and fuel, a flat ₹5 MDR will apply to transactions above ₹2,000; capital-market transactions will attract 0.02%, capped at ₹300.
2. NSE Enables India’s First Tokenised Corporate Bond Issuances
NSE enabled India’s first tokenised corporate bond issuances, worth ₹1,000 crore, under the SEBI Regulatory Sandbox Framework, 2020.
REC and L&T each raised ₹500 crore through tokenised corporate bonds.
The issuances use Distributed Ledger Technology (DLT) to digitally represent and manage securities.
The technology aims to improve transparency, operational efficiency and settlement processes.
3. RBI Conducts ₹50,000 Crore OMO Sale
RBI sold ₹50,000 crore of Government Securities through an Open Market Operation (OMO) to absorb durable liquidity.
It is the first tranche of a ₹1 trillion programme, with ₹25,000 crore auctions scheduled for 21 and 28 September 2026.
WACR stood at 5.05%, while the repo rate was 5.25%.
Net liquidity surplus stood at ₹7.37 trillion, while durable liquidity was estimated at around ₹14 trillion by mid-September.
4. Kamlesh Chandra Varshney Reappointed as SEBI Whole-Time Member
Kamlesh Chandra Varshney was reappointed as a Whole-Time Member (WTM) of SEBI beyond 19 September 2026.
He will continue until 4 August 2029, when he reaches the age of 65, or until further orders.
He is a 1990-batch Indian Revenue Service officer and joined SEBI as WTM in September 2023.
He has handled areas including market intermediaries, legal affairs, surveillance and information technology.
Context India was ranked first in business climate among 41 global markets in the Global Business Climate Survey 2026, published by the Swedish Chamber of Commerce in India (SCCI) with Business Sweden.
What the Survey Is
An annual international benchmark capturing the perspectives, performance, profitability and expansion plans of Swedish multinational corporations operating in key global markets
Jointly produced by Business Sweden and the Swedish Chambers of Commerce
First instituted in 2020
The 2026 edition is the largest to date, covering 41 major economies across Western Europe, Asia-Pacific, MEA+ and the Americas
Aim
Provide a comparative framework tracking macroeconomic conditions, regulatory hurdles, ease of doing business and forward-looking investment sentiment for Swedish enterprises abroad
The Top Three Markets
India
Ireland
Vietnam
— standing out for economic momentum, political stability and high investor confidence
India's Performance
Ranked No. 1 overall in business climate favourability
In the global top three for four consecutive years
73 per cent of surveyed Swedish companies rated India's operating climate good or very good
Along with the Philippines and Poland, India recorded the highest market-level revenue and growth projections
Global Findings
Despite geopolitical shocks, 64 per cent of Swedish companies globally reported profitability
80 per cent maintained a neutral or positive operational outlook
About 44 per cent plan to scale up investments over the next 12 months
Asia-Pacific leads capital allocation over Europe and the Americas
Winning strategy identified: cost discipline, sharp sales execution and integration into local supply chains
Important Facts for Exams
Global Business Climate Survey 2026 — by Business Sweden and the Swedish Chamber of Commerce in India
India ranked first among 41 markets; Ireland second, Vietnam third
India in the top three for four consecutive years
73 per cent of Swedish firms rated India's climate good or very good
Global: 64 per cent profitable, 80 per cent neutral or positive, 44 per cent planning more investment
Survey instituted in 2020; the 2026 edition is the largest yet
Business Sweden — Sweden's trade and investment promotion agency, jointly owned by the Swedish government and industry
India-Sweden relations: a Strategic Partnership since 2018; the Leadership Group for Industry Transition (LeadIT), launched jointly by India and Sweden at the UN Climate Action Summit 2019
India-Sweden links also include the India-EFTA TEPA framework (Sweden is an EU member, not EFTA), and cooperation on green transition and innovation
2. India Electric Mobility Index 2025
Source: ET
ContextNITI Aayog released the India Electric Mobility Index (IEMI) 2025, which measures the progress of States and Union Territories in developing their electric mobility ecosystem.
What does the IEMI measure?
The India Electric Mobility Index evaluates EV progress through three broad areas:
Transport Electrification Progress – extent of electric vehicle adoption and electrification of transport.
Charging Infrastructure Readiness – availability of charging infrastructure and supporting measures.
EV Research and Innovation Readiness – development of research, innovation and the EV startup ecosystem.
Details
This is the 2nd edition of the IEMI
Title: "India Electric Mobility Index (IEMI) 2025: Tracking Electric Mobility Trends in Indian States"
Assessment period: January to December 2025
Uses 16 indicators across three themes
Delhi's score rose from 77 to 84, retaining the top position
Category-wise Leaders
Large States
Maharashtra — top performer
Karnataka — second
Tamil Nadu (61) — third
Hilly and Northeastern States
Manipur (46) — top
Tripura (36) — second
Assam (35) — third
UTs and City States
Delhi — top
Chandigarh — second
Goa — third
Important Facts for Exams
IEMI 2025 — the 2nd edition; covers January–December 2025
Developed by NITI Aayog with WRI India
16 indicators; weights: Transport Electrification 50 per cent, Charging Infrastructure 30 per cent, EV Research and Innovation 20 per cent
Delhi: 84 (up from 77); Maharashtra: 78; Karnataka: 73
Category leaders: Large States — Maharashtra; Hilly and NE — Manipur (46); UTs and City States — Delhi
Tamil Nadu: 61, third among large states
Madhya Pradesh rose from 23rd to 7th overall; Goa climbed ten places to fifth
Karnataka leads charging readiness (97); Delhi leads research and innovation (94)
India's EV penetration: 8.25 per cent in 2025-26, up from 0.5 per cent in 2018
Note: Goa is a state, though grouped here with UTs and city states for comparison on size and urban profile
3. Global Financial Centres Index (GFCI 40)
Source: TH
Context The Z/Yen Partners, with the China Development Institute (CDI), released the 40th edition of the Global Financial Centres Index (GFCI 40). GIFT City, Gujarat, improved by 9 positions to rank 37th globally and entered the top 15 financial centres in the Asia-Pacific region.
Key Highlights
GIFT City improves its global ranking
GFCI 40:37th
GFCI 39: 46th
Improvement: 9 positions
GIFT City became the only Indian financial centre in the Asia-Pacific top 15.
Other Indian financial centres
Financial Centre
GFCI 40
GIFT City
37th
Mumbai
49th
Delhi
56th
The Top Four
Rank
Centre
1
New York (USA) — retained top position
2
London (UK)
3
Hong Kong
4
Singapore
About GFCI
A biannual ranking of global financial centres
Assesses competitiveness using quantitative indicators and assessments from financial services professionals
The Five Competitiveness Areas
Business Environment
Human Capital
Infrastructure
Financial Sector Development
Reputation
Important Facts for Exams
GFCI 40 — by Z/Yen Partners (London) with the China Development Institute (Shenzhen)
GIFT City: 37th, up 9 places from 46th
Top four: New York, London, Hong Kong, Singapore
Biannual — published every March and September
139 centres researched; 117 in the main index; 22 associates
144 instrumental factors; 39,531 assessments from 6,147 respondents
Five areas: Business Environment, Human Capital, Infrastructure, Financial Sector Development, Reputation
GIFT City — Gujarat International Finance Tec-City, at Gandhinagar; India's first International Financial Services Centre (IFSC)
Regulated by the International Financial Services Centres Authority (IFSCA), a unified regulator established 2020 under the IFSCA Act, 2019
GIFT City hosts NSE IX and India INX; the BRICS Risk Lab has been proposed there under the New Delhi Declaration
4. The OneTag Facility
Context The National Highways Authority of India (NHAI) rolled out OneTag, a nationwide FASTag bank-portability service integrated into its official Rajmargyatra mobile app.
What It Is
A digital interoperability framework — functioning like Mobile Number Portability for electronic toll collection
Lets vehicle owners migrate between authorised issuer banks
While keeping their existing physical FASTag sticker, Tag ID and vehicle registration linkage intact
Who Developed It
Indian Highways Management Company Limited (IHMCL)
National Payments Corporation of India (NPCI)
Aim
Give motorists greater choice of FASTag providers
Switch issuers without replacing the RFID tag or surrendering the account
Economy
1. India’s Exports Rise 15.5% to USD 399.27 Billion
India’s combined merchandise and services exports reached USD 399.27 billion during April–August 2026, registering 15.5% growth.
Merchandise exports stood at USD 215.91 billion during the period.
Total imports reached USD 459.65 billion, growing 18.01%.
In August 2026, combined exports stood at USD 82.68 billion, while imports were USD 92.09 billion.
2. Dighi Greenfield Shipbuilding Cluster in Maharashtra
Mazagon Dock Shipbuilders Limited (MDL) signed an MoU with the Maharashtra Government to develop a ₹27,000 crore Greenfield Shipbuilding Industrial Cluster at Dighi, Raigad.
The cluster will have an annual shipbuilding capacity of at least 2 million Gross Tonnage (GT).
MDL plans to invest around ₹15,000 crore as the anchor shipyard and develop 1.2 million GT annual capacity.
The project aligns with the Maritime Amrit Kaal Vision 2047.
Social Issue
1. Registration of Births and Deaths Amendment Act, 2026
The Registration of Births and Deaths (Amendment) Act, 2026 will come into force from 1 October 2026.
Births and deaths must generally be reported within 21 days of occurrence.
Delayed registration after one year and up to two years will require approval from the District Magistrate, SDM or authorised Executive Magistrate.
Registration delayed by more than two years will require an order from the Judicial Magistrate First Class (JMFC).
2. Nasha Mukt Bharat Abhiyaan Partnership with The Art of Living
DoSJE extended its partnership with The Art of Living to strengthen substance-abuse prevention and awareness.
The initiative will use grassroots networks to promote family resilience, value-based living and reduced stigma.
MoSJE has partnered with 12 spiritual organisations under NMBA.
Misc GA
1. Arthur M. Bueche Award 2026 for Sethuraman Panchanathan
Indian-American computer scientist Sethuraman Panchanathan was named the recipient of the Arthur M. Bueche Award 2026 by the National Academy of Engineering.
He became the first Indian-American to receive the award.
The award, established in 1982, recognises major contributions to science and technology policy.
Panchanathan was also conferred the Padma Shri in 2025 in Science and Engineering.
2. E.M. Sudarsana Natchiappan Passes Away
Former Union Minister and senior Congress leader E.M. Sudarsana Natchiappan passed away at the age of 78.
He represented Sivaganga in the 13th Lok Sabha and later served two terms in the Rajya Sabha.
He served as Minister of State for Commerce and Industry from 2013 to 2014.
He was also a Supreme Court advocate and chaired a Department-related Parliamentary Standing Committee.
3. World Patient Safety Day 2026
World Patient Safety Day is observed annually on 17 September by the WHO.
The 2026 theme is “Safe care for Noncommunicable Diseases (NCDs)”.
The slogan for 2026 is “Safe care for life!”
The day was established in 2019 through the 72nd World Health Assembly.
4. International Equal Pay Day 2026
International Equal Pay Day is observed annually on 18 September to promote equal pay for work of equal value.
2026 marks the 7th observance of the day.
The UN General Assembly proclaimed 18 September as International Equal Pay Day through Resolution A/RES/74/142 in 2019.
The first observance took place on 18 September 2020.
5. CORE Programme 2026
The 5-day Combined Operational Review and Evaluation (CORE) Programme 2026 concluded at the Manekshaw Centre, New Delhi.
It brings together senior Armed Forces leadership and civil bureaucrats for strategic training and evaluation.
The programme was instituted in September 2025 by HQ Integrated Defence Staff.
It serves as a permanent civil-military interface for discussing modern warfare and operational challenges.
6. India–Japan Air Exercise Veer Guardian 2026
The Indian Air Force and Japan Air Self-Defense Force are conducting Veer Guardian 2026 at Air Force Station Jodhpur.
The 14-day bilateral exercise focuses on advanced operational missions and professional interaction.
IAF Chief Air Chief Marshal A.P. Singh and Japan Air Self-Defense Force Chief General Takehiro Morita flew together in a Tejas formation sortie.
The exercise strengthens operational cooperation between the two air forces.
7. Angh Wins Platform Prize 2026 at TIFF
Angh, directed by Naga filmmaker Theja Rio, won the Platform Prize 2026 at the Toronto International Film Festival.
It was among 12 films selected for TIFF's competitive Platform programme.
The achievement marks a notable international recognition for Naga cinema and filmmaking.
8. Surya Kiran Aerobatic Team Performs in Meerut
The Surya Kiran Aerobatic Team of the Indian Air Force conducted an aerial display in Meerut.
The team performed using nine Hawk Mk 132 aircraft in close formation.
The event was attended by MoS Defence Sanjay Seth and aimed to inspire young people towards the armed forces and aviation.
Five to remember · 20 & 21 September 2026
India-Sweden relations: a Strategic Partnership since 2018; the Leadership Group for Industry Transition (LeadIT), launched jointly by India and Sweden at the UN Climate Action Summit 2019Global Business Climate Survey 2026
India's first genome-edited rice varieties — DRR Dhan 100 (Kamala) and Pusa DST Rice 1 — were released in 2025SPROUT Facility Inaugurated at BRIC-NIPGR
The initial Administered CBG Price (ACP) is ₹2,110/MMBTU, approximately ₹98/kg, for at least 10 years up to 31 March 2036. GOBARdhan Scheme Guidelines Issued for CBG Sect…
Global goods trade reached USD 13.7 trillion in H1 2026, growing 12.5% year-on-year. NITI Aayog Releases 9th Trade Watch Quarterly
NSE enabled India’s first tokenised corporate bond issuances, worth ₹1,000 crore, under the SEBI Regulatory Sandbox Framework, 2020. NSE Enables India’s First Tokenised Corporate B…
Reports & Articles 1 · Agriculture 2 · Banking and Finance 5 · Economy 3 · Social Issue 1 · Misc GA 7 · PIB 1
NABARD Current Affairs
Reports & Articles
1. WMO State of Global Water Resources 2025
Source: WMO
Context The World Meteorological Organization'sState of Global Water Resources 2025 report warned of persistent groundwater depletion in India, particularly in north-western regions.
What the Report Is
An annual global assessment by the WMO tracking the state, availability and variability of freshwater resources
Expanded over five years from 3 to 15 hydrological variables — covering groundwater, river discharge, terrestrial water storage, glaciers, soil moisture and other water cycle components
Key Findings
Groundwater stress — in 2025, 34 per cent of monitored groundwater stations recorded below to much-below-normal levels, up from 25 per cent in 2024
India's persistent depletion — parts of India saw persistent groundwater deficits during 2022–2025, with over-abstraction an important driver
Declining freshwater storage — global terrestrial water storage has declined persistently since 2014–16; in 2025, below-normal storage persisted in several regions including northern India
Drying rivers — about 36 per cent of global catchment area was drier than normal, making 2025 one of the driest years for global river discharge in 35 years
Accelerating glacier loss — glaciers lost 408 ±132 Gt of mass in 2025, equivalent to about 1.1 ±0.4 mm of sea-level rise; the fourth consecutive year in which every major glaciated region recorded net ice loss
Important Facts for Exams
WMO — World Meteorological Organization, a UN specialised agency, headquartered at Geneva, founded 1950
34 per cent of groundwater stations below normal in 2025, up from 25 per cent
Terrestrial water storage declining since 2014–16
36 per cent of global catchment drier than normal; one of the driest years in 35 years
Terrestrial water storage — all water on and below the land surface; measured by satellite gravimetry such as GRACE
India is the world's largest user of groundwater — more than the US and China combined
Groundwater supports about 60 per cent of irrigation and 85 per cent of rural drinking water in India
The Central Ground Water Board (CGWB) assesses groundwater; categories are Safe, Semi-critical, Critical and Over-exploited
Punjab, Haryana, Rajasthan and Delhi have the most over-exploited blocks
Agriculture
1. APEDA Signs MoU with InD Events Dubai to Strengthen Global Food Trade
APEDA signed an MoU with InD Events Dubai, organiser of Gulfood, to expand global market opportunities for Indian agricultural and processed food exporters.
India will be the Official Partner Country at Gulfood 2027 for the second consecutive year.
The partnership will support MSMEs, FPOs, startups, and women- and SC/ST-led exporters through better buyer linkages and market access.
APEDA was established in 1986 under the APEDA Act, 1985, under the Ministry of Commerce and Industry.
Context The proposed Foreign Contribution (Regulation) Amendment Bill, 2026 has raised concerns over tighter regulation of NGOs and provisions on assets created from foreign contributions when FCRA registration ceases.
What FCRA Is
Regulates acceptance and utilisation of foreign contributions and foreign hospitality by individuals, associations and organisations, including NGOs
Administered by the Ministry of Home Affairs
Objective: ensure foreign funds do not adversely affect India's sovereignty, security, public interest or democratic processes
Core Provisions of the 2026 Bill
Asset vesting — if an NGO's registration is cancelled, surrendered or lapses, all unutilised foreign contributions and assets created from foreign fundsprovisionally vest in a government-appointed Designated Authority
Permanent confiscation — if registration is not restored within a prescribed window, assets permanently vest with the Authority, which may transfer them to public departments or auction them, crediting proceeds to the Consolidated Fund of India
Judicial recourse — provision for revision, and appeal before a District Judge within 90 days
Deemed cessation — automatic cessation of registration if renewal is denied, not submitted or unresolved before expiry
Rationalised penalties — maximum prison term for specific compliance violations reduced from five years to one year
Important Timeline
Year
Development
1976
First FCRA enacted
2010
FCRA 2010 replaced the 1976 Act
2011
FCRA Rules notified
2020
Major amendments; 20% administrative-expense ceiling and designated SBI account
2022
Foreign contribution from relatives abroad limit increased from ₹1 lakh to ₹10 lakh per year
2026
FCRA Amendment Bill introduced; new FCRA Rules notified
2. novio and Indian Overseas Bank Launch Co-Branded RuPay Credit Card
novio, operated by Credilio Financial Technologies, partnered with Indian Overseas Bank (IOB) to launch a co-branded RuPay credit card.
The card is available in RuPay Select and RuPay Platinum variants.
An FD-backed credit facility helps people with limited or no formal credit history access credit and build their credit profile.
The card can be linked with UPI for credit-based payments.
RBI and NABARD Current Affairs
1. SLINEX-26
Source: PIB
Context The 13th edition of the annual bilateral maritime exercise between the Indian Navy and the Sri Lanka Navy, SLINEX-26, is under way at Visakhapatnam.
What It Is
The 13th edition of the flagship annual bilateral naval exercise between India and Sri Lanka
Tests coordinated naval manoeuvres, tactical communications and maritime interdiction
Host
Visakhapatnam, Andhra Pradesh
Under the operational command of the Eastern Naval Command (ENC)
Held at Visakhapatnam, under the Eastern Naval Command
First held in 2005
SAGAR — Security and Growth for All in the Region, announced 2015 in Mauritius
MAHASAGAR — Mutual and Holistic Advancement for Security and Growth Across Regions, announced 2025 in Mauritius, extending SAGAR
Other India–Sri Lanka exercises: Mitra Shakti (army), and the trilateral Dosti (coast guards, with the Maldives)
2. The Houthis
Source: Indian Express
Context The Yemeni armed group Houthis (Ansar Allah) made aggressive advances along Yemen's Red Sea coast, capturing Mayun (Perim) Island in the Bab el-Mandeb Strait and the port of Mokha.
Who They Are
An armed political and military movement from the Zaidi Shia minority of northern Yemen
Officially titled Ansar Allah — "Supporters of God"
A de facto governing authority over Sanaa and much of north-western Yemen
A pivotal non-state combatant within Iran's regional "Axis of Resistance"
Aim
Challenge Western, American and Israeli influence in West Asia
Secure control over Yemen and counter Saudi influence
Important Facts for Exams
Bab el-Mandeb — "Gate of Tears"; connects the Red Sea to the Gulf of Aden, between Yemen and Djibouti/Eritrea
Perim Island sits in the middle of the strait, dividing it into two channels
About 12 per cent of global trade passes through the Red Sea–Suez route
Detour via the Cape of Good Hope adds roughly 10–14 days to Asia–Europe voyages
India's exposure: most India–Europe trade and the planned IMEC corridor depend on this route; the Indian Navy has deployed ships under Operation Sankalp in the region
Mokha — the historic port that gave its name to mocha coffee
3. Ukraine
Source: Times of India
Context Ukraine launched its largest-ever overnight drone offensive against Russia, deploying over 1,000 long-range UAVs and domestic cruise missiles.
What It Is
A sovereign country in Eastern Europe, a unitary multiparty republic
The second-largest country by land area in Europe entirely on the continent, after Russia
Capital: Kyiv, in north-central Ukraine, on the Dnieper River
Bordering Nations
Belarus, Russia, Moldova, Romania, Hungary, Slovakia and Poland
Important Facts for Exams
Capital Kyiv, on the Dnieper
Borders seven countries: Belarus, Russia, Moldova, Romania, Hungary, Slovakia, Poland
Coastlines on the Black Sea and Sea of Azov
Highest peak: Mount Hoverla (2,061 m), in the Carpathians
Chernozem — the famously fertile black soil, making Ukraine the "breadbasket of Europe"
A major exporter of wheat, maize and sunflower oil — India has been a large importer of Ukrainian sunflower oil
The Russia-Ukraine war began in February 2022
Chernobyl — the 1986 nuclear disaster site, in northern Ukraine near the Belarus border
Economy
1. Indo-Russia Innopraktika Technology Hub Signs Four Strategic Agreements
The Indo-Russia Innopraktika Technology Hub (IRITH) signed four agreements at INNOPROM India 2026 in New Delhi.
The agreements cover AI, cybersecurity, healthcare technology, electronics and investment.
An India–Russia Centre of Excellence in AI and Cybersecurity will be established with the Government of Nizhny Novgorod Region and RUSSOFT.
The agreements also promote cross-border investment, joint ventures and technology cooperation between India and Russia.
2. IIIT-Bangalore and Taipei Computer Association Sign LOI
IIIT-Bangalore and Taipei Computer Association (TCA) signed a Letter of Intent (LOI) at Electronica India 2026.
Cooperation will cover AI, electronics, smart manufacturing, smart cities and cybersecurity.
The partnership combines Taiwan's semiconductor and hardware expertise with Karnataka's strengths in software, research and innovation.
The LOI may form the basis for a future MoU covering ICT, digital economy, science, technology and innovation.
3. India–Bhutan Strengthen Bilateral Cooperation During Jaishankar's Visit
External Affairs Minister S. Jaishankar visited Bhutan from 16–18 September 2026 to review bilateral cooperation.
India and Bhutan reviewed cooperation in energy, connectivity, healthcare, agriculture, education and clean mobility.
Progress was reviewed on the Punatsangchhu-II (1,020 MW) and Punatsangchhu-I (1,200 MW) hydropower projects.
India extended a ₹4,000 crore concessional Line of Credit to Bhutan for energy-sector projects.
Social Issue
1. India–Russia Healthcare Technology Cooperation
SberMedAI and the Indo-Russia technology hub will collaborate on AI and IT applications in healthcare.
Areas include medical diagnostics and clinical decision-support systems.
The agreement is aimed at promoting technology cooperation in the healthcare sector.
Misc GA
1. Marathi Film ‘Gondhal’ Selected as India's Official Entry for Oscars 2027
Marathi film ‘Gondhal’, directed by Santosh Davakhar, was selected from 33 entries as India's official submission for the Best International Feature Film category.
It is a psychological and cultural thriller set in rural Maharashtra.
Davakhar won the Silver Peacock for Best Director at IFFI 2025.
‘Gondhal’ is the fourth Marathi film selected as India's official Oscar entry, after Shwaas, Harishchandrachi Factory and Court.
2. HAL Hands Over Tejas Trainers, HTT-40 Aircraft and Dhruv NG Helicopters
HAL handed over 2 LCA Tejas FOC twin-seater trainers and 3 HTT-40 basic trainer aircraft to the IAF.
It also handed over 4 Dhruv NG helicopters to Pawan Hans Limited.
The HTT-40 delivery marks the beginning of deliveries under the contract for 70 aircraft.
Dhruv NG is an indigenously produced civil helicopter designed to meet AS-4 airworthiness requirements.
3. India Tests Indigenous Long-Range OWA Drone ‘KAL’
IG Defence successfully tested the indigenous KAL One-Way Attack (OWA) drone at the Pokhran Field Firing Range in Rajasthan.
It has a reported range of up to 1,000 km, endurance of 7–8 hours and payload capacity of 50 kg.
It uses GNSS and INS-based navigation for autonomous and long-endurance operations.
The system is part of IG Defence's GRID STRIKE portfolio.
4. New Tiger Cat Species ‘Leopardus tilcayo’ Identified in Bolivia
Scientists identified Leopardus tilcayo, a new tiger cat species from Bolivia's Yungas cloud forest.
The discovery was based mainly on genetic research.
The species is about 46 cm in body length and weighs around 1.4 kg.
Genetic evidence suggests that its lineage separated from related tiger cats around 1.4 million years ago.
5. India to Host Asian Senior Wushu Championships for First Time in 2028
India will host the 11th Asian Senior Wushu Championships in 2028.
The decision was approved at the Wushu Federation of Asia Congress in Aichi-Nagoya, Japan.
Around 500 athletes from 42 Asian countries are expected to participate.
Bhupender Singh Bajwa was nominated to the Executive Committee of the Wushu Federation of Asia.
6. World Bamboo Day 2026 – 18 September
World Bamboo Day is observed every year on 18 September to highlight bamboo's environmental, cultural and economic importance.
It was established in 2009 during the 8th World Bamboo Congress in Bangkok.
The initiative was associated with Kamesh Salam of Assam, former President of the World Bamboo Organisation.
2026 marks the 18th observance.
7. World Water Monitoring Day 2026 – 18 September
World Water Monitoring Day promotes awareness of water quality and public participation in monitoring water resources.
It was established in 2003 by the American Clean Water Foundation.
It was initially observed on 18 October and shifted to 18 September in 2007.
The programme later evolved into the EarthEcho Water Challenge.
PIB
1. India–Russia Centre of Excellence in AI and Cybersecurity
The proposed India–Russia CoE will be hosted by Gorky Tech.
It will focus on AI governance, risk assessment, validation and an AI sandbox.
The initiative involves the Government of Nizhny Novgorod Region and RUSSOFT.
It is aimed at strengthening technology collaboration and supporting MSMEs.
Five to remember · 22 September 2026
The World Meteorological Organization'sState of Global Water Resources 2025 report warned of persistent groundwater depletion in India, particularly in north-western regions. WMO State of Global Water Resources 2025
Madhya Pradesh launched the scheme to provide free registration of around 50 lakh rural properties across all 55 districts. MP Launches Swamitva Adhikar Abhilekh Nispadan …
External Affairs Minister S. Jaishankar visited Bhutan from 16–18 September 2026 to review bilateral cooperation. India–Bhutan Strengthen Bilateral Cooperation D…
APEDA was established in 1986 under the APEDA Act, 1985, under the Ministry of Commerce and Industry. APEDA Signs MoU with InD Events Dubai to Streng…
Objective: ensure foreign funds do not adversely affect India's sovereignty, security, public interest or democratic processesFCRA and the 2026 Amendment Bill
Context A 100-km radius around Hazaribagh, Jharkhand has emerged as a thriving safe habitat and natural breeding zone for endangered vultures — supporting an estimated 400 to 450 birds.
Location
North-central Jharkhand, on the Chota Nagpur Plateau
Encompassing the Hazaribagh Wildlife Sanctuary, Barkatha block, and the cliff terrains of Mahavar Hill (Mahavar Pahad)
Jharkhand's sole surviving wild stronghold for critically endangered vultures
Important Facts for Exams
Hazaribagh — on the Chota Nagpur Plateau, north-central Jharkhand; 400–450 vultures in a 100-km radius
India's vulture population fell over 95 per cent in three decades
Diclofenac banned for veterinary use in 2006; aceclofenac and ketoprofen banned in 2023; meloxicam is the safe alternative
Critically Endangered Indian species: White-rumped, Indian (long-billed), Slender-billed and Red-headed vultures
Action Plan for Vulture Conservation 2020-25
Vulture Conservation Breeding Centres at Pinjore (Haryana), Rajabhatkhawa (West Bengal) and Rani (Assam)
Vulture Safe Zone — an area of about 100 km radius verified free of toxic NSAIDs
Related: the Dehradun study showing that relocating a carcass dump 2.4 km from power lines eliminated electrocution deaths
Chota Nagpur Plateau — a mineral-rich plateau across Jharkhand, Odisha, Bihar, West Bengal and Chhattisgarh
ContextFour institutions — the ADB, OECD, Fitch and S&P Global — raised their FY27 growth projections for India to 6.9–7.1 per cent, citing resilience amid the West Asia conflict. All also forecast an RBI rate hike later this year.
The Revisions
Agency
June–August
September
OECD
6.3
7.1
ADB
6.6
7.0
S&P Global
6.6
7.0
Moody's
6.0
7.0 (raised last week)
Fitch
6.4
6.9
Other projections: Goldman Sachs 6.5 (June), World Bank 6.6 (June), IMF 6.4 (July), RBI 6.7 (August)
All five global agencies are now above the RBI's 6.7 per cent projection
Why the Upgrades
The economy grew 7.8 per cent in April–June, faster than expected, despite West Asia headwinds
Driven by investment momentum, healthy consumption demand and strong industrial activity
3. OMO Auction
Source: BS
Context The RBI conducted an OMO sale auction, offloading ₹25,000 crore of Government of India securities to drain durable surplus rupee liquidity.
What an OMO Is
A quantitative monetary policy tool — outright purchases or sales of G-Secs and Treasury Bills in the secondary market to regulate reserve money
Three Types
Outright OMO Sale — RBI sells G-Secs from its portfolio, permanently absorbing durable liquidity
Outright OMO Purchase — RBI buys G-Secs, injecting durable liquidity
Simultaneous Sale and Purchase (Operation Twist) — selling short-term and buying long-term securities to flatten the yield curve without expanding the balance sheet
How It Works
Notification and e-Kuber bidding — eligible primary dealers, scheduled commercial banks and institutions place electronic yield or price bids on the RBI's e-Kuber platform
Allocation — bids accepted up to notified cut-off yields, by multiple or uniform price auction
Liquidity drain — banks transfer funds from their current accounts with the RBI, locking reserve cash into interest-earning G-Secs
Key Features
Direct quantitative balance-sheet instrument — unlike SDF or MSF, which address short-term needs
Discretionary flexibility — the RBI can set security-wise limits, reject mispriced bids and vary accepted amounts
Phased execution — large operations split into tranches to avoid sudden bond-yield disruption
Important Facts for Exams
Current programme: ₹1 trillion in three tranches — ₹50,000 cr (17 Sept), ₹25,000 cr (21 Sept), ₹25,000 cr (28 Sept)
e-Kuber — the RBI's core banking solution, used for auctions and government transactions
Operation Twist — simultaneous sale and purchase to reshape the yield curve
Durable liquidity: ₹10.66 trillion (31 August), estimated near ₹14 trillion by mid-September
WACR is the operating target; repo 5.25 per cent, SDF 5.00 per cent
4. RNFI Money Receives RBI Approval for Cross-Border Trade Remittances
RNFI Money Private Limited, a subsidiary of RNFI Services, received RBI approval to undertake cross-border trade remittances.
It can provide regulated foreign exchange, remittance and trade-payment services through its last-mile network.
The approval has perpetual validity.
It builds on RNFI Services' in-principle RBI authorisation to operate as a Payment Aggregator–Physical (PA-P).
5. Jayanti Prasad Takes Additional Charge as IBBI Chairperson
Jayanti Prasad, Whole-Time Member of IBBI, took additional charge as Chairperson of IBBI from 13 September 2026.
He succeeded Ravi Mital and will hold the additional charge until 20 November 2026.
He is a 1986-batch Indian Audit and Accounts Service (IA&AS) officer.
IBBI is the statutory regulator under the Insolvency and Bankruptcy Code, 2016.
6. CCI Approves Acquisition of Three Cricket Franchises
The Competition Commission of India (CCI) approved the acquisition of Rajasthan Royals, Paarl Royals and Barbados Royals.
The acquiring entities are Westview Cricket Limited and Poonawalla Sports and Fitness Private Limited.
The transaction covers franchises participating in different T20 cricket leagues.
The reported transaction value is around USD 1.65 billion (₹15,600 crore).
RBI and NABARD Current Affairs
1. PM Anusuchit Jaati Abhyuday Yojana (PM-AJAY)
Source: PIB
Context The Ministry of Social Justice and Empowerment reported that over ₹11,186 crore has been released under PM-AJAY's three components since FY 2014-15.
What It Is
A Centrally Sponsored Scheme for the socio-economic development of Scheduled Caste communities
A merged scheme since 2021-22, integrating three earlier schemes:
PM Adarsh Gram Yojana
Special Central Assistance to SC Sub Plan
Babu Jagjivan Ram Chhatrawas Yojana
Important Facts for Exams
PM-AJAY — Centrally Sponsored Scheme, Ministry of Social Justice and Empowerment; merged 2021-22
Three components: Adarsh Gram, Grant-in-Aid, Hostels
Total released since FY2014-15: over ₹11,186 crore
Adarsh Gram — a village with over 50 per cent SC population developed on monitorable socio-economic indicators
Related: Articles 46, 338, 341; SC Sub Plan; Scholarship schemes for SC students
2. Angh Wins TIFF Platform Prize
Source: Indian Broadcasting World
Context Nagaland filmmaker Theja Rio's debut feature Angh won the Platform Prize at the 2026 Toronto International Film Festival.
About the Film
A historical period drama set in the early 1960s, in a remote village near the Indo-Burma border in Nagaland
Directed by Theja Rio; produced by Nancy Nisa Beso and Theja Rio; co-written with Rajkumar Kandamudi
Centres on Anghba, the last surviving village chief — "Angh" is the traditional village head among the Konyak Naga tribe
Important Facts for Exams
Angh — directorial debut of Theja Rio; won the Platform Prize at TIFF 2026
Angh — hereditary chief of the Konyak tribe, Nagaland's largest tribe, known for facial tattoos and the former practice of headhunting
Konyaks are concentrated in Mon district; the Aoleang festival is theirs
TIFF — Toronto International Film Festival; the Platform Prize honours directorial vision
Nagaland's Hornbill Festival is held in December at Kisama
3. Partners for Multilateralism (P4M)
Source: MEA
Context India joined the inaugural P4M summit on the sidelines of the UN General Assembly in New York, with the External Affairs Minister attending as an initial co-sponsor.
What It Is
A non-superpower multilateral coalition of middle powers, regional organisations and developing nations
To bridge geopolitical divides, uphold international law, and advocate reformed multilateralism outside superpower confrontation
Origin
Conceived in response to erosion of global consensus, trade weaponisation and escalating conflicts in Europe and West Asia
Built on Canadian PM Mark Carney's "Carney Doctrine" on middle-power solidarity, delivered at Davos
Members
Founding initiators: the European Union, Brazil, Canada and Kenya
Initial co-sponsors:India, Australia and Barbados
Important Facts for Exams
P4M — Partners for Multilateralism: International Law, Peace and Prosperity
Founders: EU, Brazil, Canada, Kenya; co-sponsors India, Australia, Barbados
Rooted in the "Carney Doctrine" on middle-power solidarity
Middle power — a state with significant but not superpower influence, typically favouring multilateral solutions
India's other reform-oriented platforms: G4 (with Brazil, Germany, Japan) for UNSC reform, Voice of Global South Summit, IBSA
The UNSC has five permanent and ten non-permanent members; India has served eight terms
Context India joined other G20 nations in adopting four consensus outcome declarations at the G20 Energy Abundance Ministerial in Houston, Texas, under the US G20 Presidency.
Important Facts for Exams
G20 Energy Abundance Ministerial, Houston, Texas, under the US G20 Presidency
Declarations are non-binding and consensus-based
LPG recognised as a bridge fuel — relevant to India's PM Ujjwala Yojana
India's related initiatives: National Critical Mineral Mission, Khanij Bidesh India Ltd (KABIL), and the Minerals Security Partnership
India's G20 Presidency was 2023, producing the New Delhi Leaders' Declaration and the Global Biofuels Alliance
Context The Government of India approved the Biovigilance Programme of India, to strengthen safety monitoring of medicines and biological products used in organ and tissue transplantation.
What It Is
A national patient-safety surveillance programme
For the systematic reporting, assessment, monitoring and prevention of adverse events associated with medicines and biological products used in transplantation
Coordinated by the Indian Pharmacopoeia Commission (IPC)
7. New Inclusions to India's UNESCO Tentative List
Source: UNESCO
Context India submitted four new cultural heritage sites to the UNESCO World Heritage Tentative List — taking the total to 73.
Key Highlights:
1. Colonial Penal Settlement of the Andaman Islands
Located in Sri Vijaya Puram (Port Blair), South Andaman.
Includes Cellular Jail, Viper Island, Ross Island and Chatham Island.
Cellular Jail: Built 1896–1906, with 7 wings and 693 cells.
Ross Island is now Netaji Subhas Chandra Bose Island.
2. Rangpur-Sivasagar Historic Ensemble
Located in Sivasagar, Assam.
Represents the 18th-century Tai-Ahom urban centre.
Rangpur was founded in 1704 by Rudra Singha.
Key monuments: Sivadol, Rang Ghar, Talatal Ghar and Namdang Stone Bridge.
3. Nicobarese Cultural Continuity
Covers islands including Chowra, Trinket, Bompoka and Kamorta.
Highlights the traditional culture and heritage of Nicobarese communities.
4. Painted Haveli Towns of Shekhawati
Located across Sikar, Jhunjhunu and Churu in Rajasthan.
Famous for its painted havelis and traditional murals.
Economy
1. Ministry of Defence Signs ₹586 Crore Contract for Tank APUs
The Ministry of Defence signed a ₹586 crore contract with Accurate Industrial Controls Private Limited (AICPL) for 3,257 Auxiliary Power Units (APUs).
The APUs include 1,657 for T-90 tanks and 1,600 for T-72 tanks.
APUs provide electricity to critical systems such as fire-control, firing and gun-stabilisation systems when the main engine is switched off.
The project comes under Make-II, supporting indigenous defence manufacturing and private-sector R&D.
2. Nibe and Naval Group Sign MoU for Naval Technologies
India's Nibe Limited and France's Naval Group signed an MoU for cooperation in naval shipbuilding and defence technologies.
Areas include underwater drones, submarine systems, mine-countermeasure vessels and modular naval launching systems.
The partnership will also cover maintenance and autonomous underwater systems.
It supports India's Aatmanirbhar Bharat objective and India-France strategic defence cooperation.
Social Issue
1. Greater One-Horned Rhinoceros in News
The Greater One-Horned Rhinoceros (Rhinoceros unicornis) is also known as the Indian Rhinoceros.
Assam contains nearly 80% of the global population of the species.
In India, major populations are found in Assam, West Bengal, Uttar Pradesh and Bihar.
The species is classified as Vulnerable (VU) on the IUCN Red List.
2. Biometric Aadhaar Authentication Made Mandatory for Subsidised LPG
From 1 October 2026, biometric Aadhaar authentication is required for domestic LPG consumers to book refills at the regulated price with applicable subsidy.
Authentication can be completed through delivery personnel, LPG distributor showrooms or OMC mobile applications.
Consumers who do not complete authentication can still obtain LPG through specified channels, but subsidised refills at the regulated price will not be available.
The measure is linked to the authentication of beneficiaries receiving the implicit subsidy on domestic LPG.
Misc GA
1. Indo-Russia Innopraktika Technology Hub Signs Four Agreements
The Indo-Russia Innopraktika Technology Hub (IRITH) signed four agreements at INNOPROM India 2026 in New Delhi.
The agreements cover AI, cybersecurity, healthcare technology, electronics and investment.
An India–Russia Centre of Excellence in AI and Cybersecurity will be established with the Government of Nizhny Novgorod Region and RUSSOFT.
Other agreements involve cross-border investment, a NexTouch joint venture in India and healthcare AI cooperation with SberMedAI.
2. IIIT-Bangalore and Taipei Computer Association Sign LOI
IIIT-Bangalore and Taipei Computer Association (TCA) signed a Letter of Intent at Electronica India 2026.
Cooperation will cover AI, electronics, smart manufacturing, smart cities and cybersecurity.
The partnership combines Taiwan's strengths in semiconductors and hardware with Karnataka's strengths in software and technology research.
The LOI is intended to create a foundation for a future MoU on technology and innovation cooperation.
External Affairs Minister S. Jaishankar visited Bhutan from 16–18 September 2026 to review bilateral cooperation.
Five development initiatives were launched covering healthcare, connectivity, agriculture, clean mobility and energy.
India and Bhutan reviewed the Punatsangchhu-I (1,200 MW) and Punatsangchhu-II (1,020 MW) hydropower projects.
India extended a ₹4,000 crore concessional Line of Credit to Bhutan for energy-sector projects.
4. ‘Gondhal’ Selected as India's Official Entry for Oscars 2027
Marathi film ‘Gondhal’, directed by Santosh Davakhar, was selected from 33 entries as India's official submission for the Best International Feature Film category.
The film is set in rural Maharashtra and explores ritual traditions, ambition and human vulnerability.
Davakhar won the Silver Peacock for Best Director at IFFI 2025.
It is the fourth Marathi film selected as India's official Oscar entry, after Shwaas, Harishchandrachi Factory and Court.
5. India Tests Indigenous Long-Range OWA Drone ‘KAL’
KAL, an indigenous One-Way Attack (OWA) drone, was successfully flight-tested at the Pokhran Field Firing Range in Rajasthan.
It has a reported range of up to 1,000 km, endurance of 7–8 hours and payload capacity of 50 kg.
It uses GNSS and INS-based navigation for autonomous flight.
The drone was developed by IG Defence and is designed for long-range strike and precision-attack roles.
6. Yugan Sakthivel Muthukumar Wins Gold at ISSF Junior World Cup
Yugan Sakthivel Muthukumar, a 15-year-old shooter from Tamil Nadu, won gold in the junior men's trap event.
The event was held at Porpetto, Italy.
He recorded 27 hits out of 30 to finish at the top.
The achievement adds to India's success in international junior shooting competitions.
7. Shafali Verma Rises to No. 4 in ICC Women's T20I Rankings
Indian opener Shafali Verma climbed two places to fourth in the ICC Women's T20I batting rankings.
The rise followed her maiden T20I century at the women's cricket competition of the Asian Games.
The ranking reflects her recent performances in the T20 international format.
8. Mirabai Chanu Wins First Asian Games Medal
Indian weightlifter Mirabai Chanu won a silver medal at the Asian Games.
She lifted a combined 198 kg.
North Korea's Gum Un-hee won gold with a world-record 215 kg total.
The medal was Mirabai Chanu's first Asian Games medal.
9. Luke J. Lindberg Appointed WFP Executive Director
Luke J. Lindberg, a US national and former Under Secretary for Trade and Foreign Agricultural Affairs at the USDA, was appointed the next Executive Director of the World Food Programme (WFP).
The appointment was made jointly by UN Secretary-General António Guterres and FAO Director-General Qu Dongyu.
The WFP Executive Director serves a five-year term.
He succeeds Cindy McCain; Carl Skau served as Acting Executive Director during the transition.
10. G. Vijayaraghavan Passes Away at 84
Renowned cardiologist Dr. G. Vijayaraghavan passed away on 20 September 2026 at the age of 84.
He received the Padma Shri in 2009 in Medicine.
He established India's first 2D echocardiography laboratory at Government Medical College, Thiruvananthapuram.
He also contributed to research on tropical endomyocardial fibrosis and medical education.
11. Planetary Health Check 2026
The Planetary Health Check 2026 found that 7 of the 9 planetary boundaries have crossed their safe limits.
The assessment was released by the Planetary Boundaries Science Lab at the Potsdam Institute for Climate Impact Research.
The seven transgressed boundaries include climate change, biosphere integrity, biogeochemical flows, novel entities, land-system change, freshwater change and ocean acidification.
The planetary boundaries framework defines a safe operating space for humanity.
PIB
1. 51st Doppler Weather Radar Inaugurated in Odisha
The 51st Doppler Weather Radar (DWR) was inaugurated at Jamadarpali, Sambalpur, Odisha.
It will improve weather monitoring across 13 districts of western Odisha and adjoining areas of Jharkhand, Chhattisgarh, Andhra Pradesh and West Bengal.
The radar can provide observations within a 250-km radius and update weather information every 10 minutes.
It supports rainfall forecasting, storm monitoring and short-term nowcasting under Mission Mausam.
2. Swachh Seva Aankalan Launched for Rural Sanitation
The Department of Drinking Water and Sanitation developed Swachh Seva Aankalan under SBM(G) 2.0.
It involves Gram Panchayats, Gram Sabhas and Village Water and Sanitation Committees.
The framework assesses ODF sustainability, cleanliness, waste management and sanitation assets.
Gram Sabha validation connects the assessment with local sanitation improvement plans.
Five to remember · 23 & 24 September 2026
Kani tribe — known for the Arogyapacha plant, the basis of India's first access and benefit-sharing model under the Biological Diversity Act, 2002Agasthyamala Biosphere Reserve
The world's first sovereign blue bond was issued by the Republic of Seychelles in 2018, with World Bank support India's First Blue Bond
The interest rate on loans through the Uttar Pradesh Cooperative Gramya Vikas Bank has been reduced from 11% to 6%. U.P. Launches Mukhyamantri Krishak Samriddhi Yo…
Jayanti Prasad, Whole-Time Member of IBBI, took additional charge as Chairperson of IBBI from 13 September 2026. Jayanti Prasad Takes Additional Charge as IBBI …
The Ministry of Social Justice and Empowerment reported that over ₹11,186 crore has been released under PM-AJAY's three components since FY 2014-15. PM Anusuchit Jaati Abhyuday Yojana (PM-AJAY)
Agriculture 2 · Banking and Finance 7 · Social Issue 5 · Economy 3 · Misc GA 14 · IMPORTANT DAYS 3
NABARD Current Affairs
Agriculture
1. Global Business Climate Survey 2026
Source: BS
ContextIndia was ranked first in business climate among 41 global markets in the Global Business Climate Survey 2026, reflecting strong confidence among Swedish companies operating in India.
What the Survey Is
An annual international benchmark capturing the operational perspectives, performance, profitability and expansion plans of Swedish multinational corporations operating in key global markets
First instituted in 2020; the 2026 edition is the largest to date
Who Conducts It
Business Sweden
The Swedish Chambers of Commerce (SCI)
Swedish embassies and consulates
In partnership with the Swedish Chamber of Commerce in India (SCCI)
Aim
Provide a comparative framework tracking macroeconomic conditions, regulatory hurdles, ease of doing business and forward-looking investment sentiment for Swedish enterprises abroad
The Top Three
India — first
Ireland — second
Vietnam — third
Standing out for economic momentum, political stability and high investor confidence.
India's Performance
Ranked No. 1 overall in business climate favourability
In the global top three for four consecutive years
73 per cent of surveyed Swedish companies rated India's operating climate good or very good
Along with the Philippines and Poland, India recorded the highest market-level revenue and growth projections
Global Findings
Despite geopolitical shocks, 64 per cent of Swedish companies globally reported profitability
80 per cent maintained a neutral or positive operational outlook
About 44 per cent plan to scale up investments over the next 12 months
Asia-Pacific leads capital allocation, ahead of Europe and the Americas
Winning strategy identified: cost discipline, sharp sales execution and integration into local domestic supply chains
ContextRampant destruction of Neelakurinji blooms across unprotected hill ranges in Munnar — including Lakshmi Hills and Chinnakkanal — triggered serious concern among Kerala Forest Department officials.
What It Is
A purplish-blue flowering shrub of the genus Strobilanthes, family Acanthaceae
The most famous species is Strobilanthes kunthiana
Renowned for synchronised mass gregarious flowering every 12 years
Habitat and Distribution
Exclusively adapted to montane shola-grassland ecosystems of peninsular India
Typically at 1,000 to 2,500 metres above sea level
Kerala — Munnar, Eravikulam National Park
Tamil Nadu — Nilgiri Hills, Palani Hills
Karnataka — Mandalpatti (Kodagu), Baba Budangiri and Mullayanagiri (Chikkamagaluru)
Kurinjimala Sanctuary was notified by Kerala specifically to protect its habitat
Key Characteristics
Plietesial lifecycle and mast seeding — flowers synchronously after long vegetative cycles of 3 to 16 years (12 years for S. kunthiana), sets seed and dies
Shrub morphology — erect, 0.5 to 3 metres; some species up to 8 metres; opposite, stalked leaves containing mineral deposits called cystoliths
Tubular hooded inflorescence — two-lipped flowers in dense spikes or panicles, in purplish-blue, violet and pale pink
Pollination and honey — mass flowering attracts Indian honeybees and giant rock bees, producing Kurinjithen, a dark honey valued for medicinal properties
Statutory protection — S. kunthiana is listed under Schedule III of the Wildlife (Protection) Act, 1972; unlawful collection or destruction may attract imprisonment and fines
Important Facts for Exams
Strobilanthes kunthiana, family Acanthaceae; blooms once in 12 years
Genus: about 450 species globally, 160+ in India, 72+ endemic to the Western Ghats
Kurinjimala Sanctuary (Kerala) protects its habitat; Eravikulam National Park is the other key site
The Nilgiris ("blue mountains") are named after it
Added to Schedule III, Wildlife (Protection) Act, 1972 in 2024
Plietesial — grows vegetatively for years, flowers en masse once, sets seed and dies
Mast seeding — synchronous mass seed production, which overwhelms seed predators
Cystolith — a calcium carbonate deposit in leaf cells, characteristic of Acanthaceae
Kurinjithen — the honey produced from Neelakurinji nectar
Context The RBI Bulletin's "State of the Economy" report said the Indian economy has performed well despite global headwinds, while noting that the escalation in West Asia this month caused a sharp rise in oil prices, reviving fears of inflationary pressure and supply chain disruption.
Key Highlights
GDP Growth: India's economy recorded strong growth in Q1 2026–27.
Global Risks:Geopolitical tensions, higher crude oil prices and weather uncertainty remain key risks.
FCNR(B) Deposits: Banks mobilised about $13.3 billion through FCNR(B) deposits, supporting liquidity and the rupee initially.
Bank Deposits: Bank deposits recorded their fastest growth in 15 years in August.
FDI: Net FDI rose 64% to $7.3 billion in July 2026.
Major FDI Sectors: Communication, financial services and computer services.
Major FDI Sources: Mauritius, UAE and the USA.
Important Facts for Exams
FCNR(B): Foreign Currency Non-Resident (Bank) deposits held by eligible NRIs in foreign currencies.
FDI: Investment by a foreign entity in a business in another country.
Global Headwinds: Global conditions that create challenges for economic growth.
Top source countries: Mauritius, UAE, US — about 70 per cent of equity inflows
Top sectors: communication, financial and computer services — over four-fifths
Net FDI = gross inflows − repatriation/disinvestment − outward FDI by Indian firms
Mauritius dominates as a source because of tax treaty and routing history — the recorded source is often not the true origin of funds
FDI is a non-debt creating inflow; FCNR(B) deposits are debt-creating
2. India's Software Services Exports Rise 8.2%
Context The RBI's Survey on Computer Software and Information Technology Enabled Services Exports: 2025-26 showed India's software services exports rose 8.2 per cent year-on-year to $221.4 billion.
Key Figures
Destination
Share
United States
54.1 per cent — the largest destination
Europe
31.8 per cent
— of which United Kingdom
15.4 per cent
Important Facts for Exams
Software services exports: $221.4 billion in 2025-26, up 8.2 per cent
US 54.1 per cent; Europe 31.8 per cent; UK 15.4 per cent of the total
Survey conducted annually by the RBI
ITES — Information Technology Enabled Services, covering BPO, KPO, call centres and back-office work
Software and IT services are India's largest services export, and the main reason India runs a services trade surplus against a merchandise trade deficit
This surplus, with remittances, keeps India's current account deficit low — about 0.6 per cent of GDP in 2024-25
India is the world's largest remittance recipient, and the top exporter of digitally delivered services among developing economies
3. ICICI Prudential Life Insurance Renamed ICICI Life Insurance
ICICI Prudential Life Insurance Company Limited changed its name to ICICI Life Insurance Limited from 22 September 2026.
The change followed approval from the Registrar of Companies (RoC).
The change is linked to the restructuring of Prudential plc's role in the Indian insurance business.
The company will undertake the required regulatory compliances with IRDAI.
4. TBX Launches B2B Bill Payments through Bharat Connect
TBX, formerly TransBnk, launched B2B bill payments on its TrustHub platform through Bharat Connect for Business.
Businesses can discover invoices, make payments and track transactions on one interoperable platform.
IDFC FIRST Bank will act as the Sponsor Operating Unit.
The service is useful for sectors such as manufacturing, retail, FMCG, pharmaceuticals, automotive and education.
5. Banks to Rejig Insurance Products as IRDAI Proposes Commission Cuts
IRDAI proposed lower Expense of Management (EoM) limits and product- and channel-specific commission caps for insurance distributors.
Separate limits are proposed for individual and corporate distributors, with higher limits for individuals.
Proposed commission caps include 30% for term insurance and 20% for health insurance for individual distributors.
The changes may lead banks to reassess the insurance products they sell through their branches.
6. RBI Final Directions on Market Risk Capital and Eased FPI KYC
RBI issued the RBI (Commercial Banks – Minimum Capital Requirements for Market Risk) Directions, 2026 under Basel III.
The new market-risk capital framework will apply from 1 April 2027 and incorporates the Fundamental Review of the Trading Book (FRTB) framework.
RBI also eased KYC requirements for Foreign Portfolio Investors (FPIs) from 18 September 2026, allowing specified documents to be certified by authorised authorities outside India.
Market risk refers to possible losses due to changes in interest rates, equity prices, exchange rates and commodity prices.
7. RBI Cancels Licences of Five NBFCs
RBI cancelled the Certificates of Registration (CoRs) of five NBFCs and accepted the surrender of licences by eight others during 4–31 August 2026.
The five cancellations were Dar's Financial Services, Rolta Holding and Finance Corporation, Vasudeo Securities, Parsoli Corporation and A C Choksi Financial Services.
The action was taken under Section 45-IA(6) of the RBI Act, 1934.
Among the surrendered licences, some entities exited the NBFC business, while others were merged/dissolved or reclassified as entities not requiring NBFC registration.
Context A coalition of Opposition parties announced plans to submit notices of motion in both Houses of Parliament seeking the removal of CEC Gyanesh Kumar.
Key Highlights
Article 324(5): The CEC can be removed only in the same manner and on the same grounds as a Supreme Court Judge.
Grounds: Removal is possible only for proved misbehaviour or incapacity.
Other Election Commissioners: They can be removed by the President only on the recommendation of the CEC.
Notice: Requires at least 100 Lok Sabha MPs or 50 Rajya Sabha MPs.
Inquiry Committee:
Supreme Court Judge
Chief Justice of a High Court
Distinguished jurist
Parliamentary approval: The motion must pass in both Houses by a special majority:
Majority of the total membership of the House, and
At least two-thirds of members present and voting.
Final step: After Parliament passes the address, it is presented to the President, who issues the removal order.
Judges (Inquiry) Act, 1968: Provides the framework for the inquiry process.
Important Facts for Exams
Article 324(5) — CEC removal only like a Supreme Court judge; ECs only on the CEC's recommendation
Article 124(4) — grounds: proved misbehaviour or incapacity; requires a special majority
Judges (Inquiry) Act, 1968 governs the inquiry
Special majority under Article 124(4) — majority of total membership plus two-thirds of those present and voting
No CEC has ever been removed; no Supreme Court or High Court judge has ever been removed by this route either — Justice V. Ramaswami (1993) came closest, when the motion failed for want of the required majority in the Lok Sabha
The weaker protection for ECs — removable on the CEC's recommendation — has long been criticised, and was noted in Anoop Baranwal (2023)
Tenure: six years or age 65, whichever is earlier; no reappointment
2. UN Gender Snapshot 2026
Source: UN Women
ContextUN Women and UN DESA released "Progress on the Sustainable Development Goals: The Gender Snapshot 2026" on 17 September 2026 — drawing on more than 100 data sources to track progress for women and girls across all 17 SDGs.
Key Highlights
Gender Institutions: Around 1 in 3 gender-equality institutions have been weakened; 1 in 4 faced budget cuts.
Funding: Between 2023–24, bilateral aid for gender equality fell 13%, while funding for women's rights organisations fell 28%.
UN Efforts:42% of UN entities reported weakened gender-equality efforts due to funding cuts.
Political Representation:
6 in 7 countries are led by men.
Nearly 90% of defence ministers are men.
More than 80% of finance ministers are men.
National Parliaments: Women's representation increased from 22.3% (2015) to 27.4% (2026).
Local Government: Women hold 35.6% of positions, with little change since 2023.
India-Specific Facts
Global Gender Gap Index 2026: India ranked 131st, with 64.5% parity.
Lok Sabha: Women constitute about 14% of members.
Women's Reservation: The 106th Constitutional Amendment Act, 2023 provides 33% reservation for women in the Lok Sabha and State Assemblies, subject to delimitation following the relevant census.
Panchayats: At least one-third of seats are reserved for women under Articles 243D and 243T; some states provide 50% reservation.
Female Labour Force Participation Rate:41.7% in 2023–24.
Key Terms
SDG 5: Gender Equality — aims to achieve gender equality and empower all women and girls.
UN Women: UN entity dedicated to gender equality and women's empowerment, established in 2010.
UN DESA: UN Department of Economic and Social Affairs, involved in monitoring and reporting on the SDGs.
3. Greater One-Horned Rhinoceros
The Greater One-Horned Rhinoceros (Rhinoceros unicornis) is also called the Indian Rhinoceros.
Assam contains nearly 80% of the global population of this species.
In India, it is mainly found in Assam, West Bengal, Uttar Pradesh and Bihar.
It is classified as Vulnerable (VU) on the IUCN Red List.
4. Planetary Health Check 2026
The Planetary Health Check 2026 reported that 7 of the 9 planetary boundaries have crossed their safe operating limits.
The assessment was released by the Planetary Boundaries Science Lab at the Potsdam Institute for Climate Impact Research.
The seven transgressed boundaries include climate change, biosphere integrity, biogeochemical flows, novel entities, land-system change, freshwater change and ocean acidification.
The planetary boundaries framework defines a safe operating space for humanity.
5. The CEC and Other Election Commissioners Act, 2023
The Supreme Court delivered a split verdict on whether challenges to the Act should be heard by a five-judge Constitution Bench; the matter has been referred accordingly.
The Act provides the statutory framework for the appointment, qualifications, service conditions and tenure of the Chief Election Commissioner (CEC) and Election Commissioners (ECs).
It replaced the Election Commission (Conditions of Service of Election Commissioners and Transaction of Business) Act, 1991.
The Anoop Baranwal judgment (2023) had provided an interim selection committee comprising the Prime Minister, Lok Sabha Leader of Opposition and Chief Justice of India until Parliament made a law.
Economy
1. World Circular Economy Forum 2026 Held in Gandhinagar
The World Circular Economy Forum (WCEF) 2026 was held from 15–18 September 2026 at Gandhinagar, Gujarat.
India became the first South Asian country to host the WCEF.
The theme was “Circular Economy: Transition for People and Prosperity.”
The forum focused on resource efficiency, reuse, recycling, Extended Producer Responsibility (EPR) and sustainable production and consumption.
2. Ministry of Defence Signs ₹586 Crore Contract for T-72 and T-90 APUs
The Ministry of Defence signed a ₹586 crore Make-II contract with Accurate Industrial Controls Private Limited for 3,257 Auxiliary Power Units (APUs).
The order covers 1,657 APUs for T-90 tanks and 1,600 for T-72 tanks.
APUs provide electrical power to critical systems when the tank's main engine is switched off.
The project supports indigenisation and Aatmanirbhar Bharat in defence manufacturing.
3. Nibe and France's Naval Group Sign Defence MoU
Nibe Limited and France's Naval Group signed an MoU for cooperation in naval shipbuilding and defence technologies.
Areas include underwater drones, submarine systems, mine-countermeasure vessels and autonomous systems.
The partnership also covers modular naval launching systems and maintenance.
It aims to strengthen India's domestic naval technology capabilities and India-France defence cooperation.
Misc GA
1. Yugan Sakthivel Muthukumar Wins Gold at ISSF Junior World Cup
Yugan Sakthivel Muthukumar, a 15-year-old shooter from Tamil Nadu, won gold in the junior men's trap event.
The competition was held in Porpetto, Italy.
He scored 27 hits out of 30 in the final.
The achievement highlights India's performance in junior international shooting.
2. Shafali Verma Rises to No. 4 in ICC Women's T20I Rankings
Indian opener Shafali Verma moved up two places to fourth in the ICC Women's T20I batting rankings.
The rise followed her maiden T20I century at the women's cricket competition of the Asian Games.
She is among India's leading batters in the T20I format.
3. Salman Khan Wins Rowing Bronze at Asian Games
Indian Army personnel Salman Khan won a bronze medal in rowing at the Asian Games.
He had previously worked as a cab driver before joining the Army.
Despite having been unable to swim earlier, he took up rowing and progressed to the international level.
His achievement is an example of India's growing participation in rowing at major multi-sport events.
4. India Wins First Asian Games Mixed Team Skeet Medal
Anantjeet Singh Naruka and Parinaaz Dhaliwal won bronze in the mixed team skeet event at the Asian Games.
It was India's first-ever mixed team medal in skeet shooting at the Asian Games.
Naruka had narrowly missed a mixed team bronze at the Paris Olympics.
The medal came at the Aichi Prefectural Shooting Range in Japan.
5. India to Host UCI Road World Championships 2032
Pune, Maharashtra, will host the UCI Road World Championships 2032 for the first time in India.
The bid was jointly led by the Government of Maharashtra and Cycling Federation of India.
The championship is one of the major global events in competitive road cycling.
The Union Cycliste Internationale (UCI) is the global governing body for cycling.
6. Mark Wood Retires from International Cricket
England fast bowler Mark Wood announced his retirement from international cricket at the age of 36.
He made his Test, ODI and T20I debuts in 2015.
He was part of England's 2019 ODI World Cup and 2022 T20 World Cup winning teams.
His career included 119 Test wickets, 80 ODI wickets and 54 T20I wickets.
7. Savithri Sreedharan Passes Away
Veteran Malayalam theatre and film actress Savithri Sreedharan passed away in Kozhikode, Kerala.
She began amateur theatre in 1961 and entered professional theatre in 1984.
She appeared in films including Kadavu, Virus, Pada and Paappan.
She received the Kerala State Theatre Actress Award and the Kerala Sangeet Natak Akademi Award for Drama.
8. Sandro Mazzola Passes Away
Italian football legend Sandro Mazzola, former Inter Milan captain and Italy international, died at the age of 83.
He spent his entire 17-year club career with Inter Milan.
He won 4 Serie A titles and 2 European Cups with Inter Milan.
He was part of Italy's 1968 European Championship-winning team and the 1970 FIFA World Cup finalist team.
9. Flight Lieutenant Alfred Tyrone Cooke Passes Away
Alfred Tyrone Cooke, a former IAF fighter pilot and Vir Chakra awardee, passed away at the age of 87.
During the 1965 India–Pakistan War, he shot down a Pakistani F-86 Sabre while flying a Hawker Hunter.
He served with No. 14 Squadron, “The Fighting Bulls.”
He received the Vir Chakra, India's third-highest wartime gallantry award.
10. Hirav Shah Launches Business Novel ‘SAARATHI’
Business strategist Hirav Shah launched his business novel SAARATHI in Ahmedabad.
The story follows a struggling fashion designer who receives strategic guidance to revive the business.
The book focuses on business strategy, financial discipline, decision-making and sustainable growth.
It was independently published and distributed through Amazon Kindle Direct Publishing (KDP).
11. M3M Hurun India Rich List 2026
Hurun India, in association with M3M India, released the M3M Hurun India Rich List 2026.
Gautam Adani and family topped the overall list with wealth of ₹9.23 lakh crore, followed by Mukesh Ambani and family with ₹8.63 lakh crore.
Mumbai had the highest number of individuals on the list, followed by New Delhi and Bengaluru.
AI emerged as a new sector in the list, with 19 individuals having combined wealth of about ₹3.07 lakh crore.
12. Exercise VARUNA
VARUNA is the annual bilateral naval exercise between the Indian Navy and French Navy.
The 24th edition is being hosted at Toulon Naval Base, France, with INS Trishul representing India.
The exercise began as India-France naval interactions in 1983 and was formally named VARUNA in 2001.
Major activities include air defence, anti-submarine warfare, surface combat, tactical drills, replenishment and coordinated manoeuvres. Other major India-France exercises are Shakti (Army) and Garuda (Air Force).
PLA is a bio-based and compostable thermoplastic produced by converting plant-based sugars into lactic acid, which is then polymerised.
Feedstocks include sugarcane, molasses, corn starch and cassava, creating a potential waste-to-wealth model using agricultural resources.
A 100 TPA pilot facility is being developed at Kumbhi, Uttar Pradesh, to test the technology and develop specialised PLA grades.
PLA can be used in packaging, agricultural films, textiles and medical sutures, offering an alternative to petroleum-based plastics.
14. TRAI Launches Digital Connectivity Rating Platform
TRAI launched the Digital Connectivity Rating (DCR) platform and mobile app to assess digital connectivity inside buildings.
It covers residential, commercial and government properties, helping buyers and tenants check a property's digital connectivity before purchase or lease.
The rating considers factors such as mobile coverage, fixed-line connectivity and Wi-Fi availability.
The initiative addresses in-building signal loss and is linked to wider telecom infrastructure concepts such as In-Building Solutions (IBS) and small cells.
IMPORTANT DAYS
1. International Red Panda Day 2026 – 19 September
International Red Panda Day is observed on the third Saturday of September.
In 2026, it was observed on 19 September.
The Red Panda Network launched the observance in 2010.
The day aims to create awareness about the conservation of the endangered red panda.
2. World Alzheimer's Day 2026 – 21 September
World Alzheimer's Day is observed every year on 21 September.
It raises awareness about Alzheimer's disease and other forms of dementia.
2026 Theme: “The Earlier You Know, The More You Can Do: A Dementia Diagnosis Matters.”
It is part of World Alzheimer's Month, observed throughout September.
3. International Day of Peace 2026 – 21 September
The International Day of Peace is observed annually on 21 September.
The day promotes peace, non-violence and ceasefire among nations and peoples.
2026 Theme: “Invest in Peace – For Everyone, Everywhere, Every Day.”
In 2001, the UN designated 21 September as a permanent annual International Day of Peace.
Five to remember · 25 & 26 September 2026
Global Gender Gap Index 2026: India ranked 131st, with 64.5% parity. UN Gender Snapshot 2026
First instituted in 2020; the 2026 edition is the largest to dateGlobal Business Climate Survey 2026
Bank Deposits: Bank deposits recorded their fastest growth in 15 years in August. RBI Bulletin: State of the Economy" Report
Software services exports: $221.4 billion in 2025-26, up 8.2 per centIndia's Software Services Exports Rise 8.2%
RBI also eased KYC requirements for Foreign Portfolio Investors (FPIs) from 18 September 2026, allowing specified documents to be certified by authorised authorities outside India. RBI Final Directions on Market Risk Capital and…
Day 21 of 23
27 & 28 September 2026
23 items · 6 topics
Agriculture 2 · Schemes 4 · Banking and Finance 2 · Economy 2 · Social Issue 1 · Misc GA 12
NABARD Current Affairs
Agriculture
1. NABARD Launches RSVC-AMRIT
Source: NABARD
Context NABARD launched RSVC-AMRIT, a digital platform for technology-led rural development, in collaboration with the Office of the Principal Scientific Adviser (OPSA), Government of India.
RSVC-AMRIT
SVC-AMRIT is a digital platform developed by NABARD in collaboration with the Office of the Principal Scientific Adviser (OPSA), Government of India, to promote rural innovation and technology transfer. It was launched on 15 August 2026 by Principal Scientific Adviser Prof. Ajay Kumar Sood.
AMRIT = Accelerated Medium for Rural Innovations and Technologies.
Aims to identify suitable technological solutions for challenges faced in rural areas
Helps connect innovators and technology providers with rural development requirements
Promotes the use of science, technology and innovation in rural development
Important Facts for Exams
RSVC-AMRIT — NABARD's digital platform for technology-led rural development, with the OPSA
Principal Scientific Adviser to the Government of India: Ajay Kumar Sood
The OPSA also anchors the BRICS BioDesign Programme and the Science and Technology Cluster initiative
India Stack — the layered digital public infrastructure: identity (Aadhaar), payments (UPI) and data (DEPA/Account Aggregator)
2. NABARD and IMD Sign MoU for Climate-Resilient Agriculture
NABARD and the India Meteorological Department (IMD) signed an MoU to integrate IMD's agro-meteorological data with DiCRA (Data in Climate Resilient Agriculture).
DiCRA is an open-source digital platform supported by NABARD and UNDP.
The platform will provide useful weather and climate information to farmers, financial institutions, policymakers and researchers.
Better climate information can support decisions related to crop planning, agricultural risk management and rural finance.
Schemes
1. PM Gram Sadak Yojana-4 Launched in Madhya Pradesh
Union Agriculture Minister Shivraj Singh Chouhan launched PMGSY-4 in Ichhawar, Sehore district, Madhya Pradesh.
The programme included the foundation stone for 36 roads approved under the scheme.
Pradhan Mantri Gram Sadak Yojana (PMGSY) aims to provide all-weather road connectivity to eligible rural habitations.
Rural roads improve access to markets, schools, healthcare and other essential services.
2. Livestock Insurance Portal
The Department of Animal Husbandry and Dairying launched the Livestock Insurance Portal as part of the digital transformation of livestock insurance.
The portal is aimed at making livestock-insurance processes more accessible and efficient.
It is relevant to livestock farmers, who face financial losses from the death or loss of insured animals.
Livestock insurance is an important tool for reducing the financial risk associated with animal husbandry.
3. Dhanuka Agritech Launches ‘Polin’ Fungicide for Paddy
Dhanuka Agritech Ltd launched ‘Polin’, a fungicide for protecting rice/paddy crops against leaf blast and neck blast diseases.
The product has been developed through a strategic technical collaboration with Japan’s Nippon Soda Co. Ltd. (NISSO).
It has translaminar and systemic mobility, allowing the fungicide to move through plant tissues and protect unsprayed leaf areas and new plant growth.
The recommended application mentioned is 100 ml per acre in 200 litres of water, with application at the first signs of infection during critical crop-growth stages.
Its longer protection period can reduce the frequency of spraying, potentially lowering labour and chemical costs for rice farmers.
4. NABARD Opens ‘Experience Centre’ in Mumbai
NABARD inaugurated an Experience Centre at its Head Office in Mumbai.
The centre showcases NABARD's journey, major milestones, rural-development initiatives and success stories.
Interactive exhibits allow visitors to explore NABARD-supported projects, schemes and interventions.
Key themes include climate-resilient agriculture, Self-Help Groups (SHGs), rural infrastructure and digital financial inclusion.
Context Amid the weaponisation of the US dollar and Western financial sanctions, BRICS and Global South nations are accelerating efforts to bypass the Belgium-based SWIFT messaging network.
What SWIFT Is
Society for Worldwide Interbank Financial Telecommunication
A standardised, secure messaging network used by financial institutions to transmit instructions and information, such as money transfers, via standardised SWIFT/BIC codes
It is a messaging platform — not a settlement system or a bank
Founded 1973, headquartered at La Hulpe, Belgium
A member-owned cooperative under Belgian law, collectively supervised by the G10 central banks
Key Features
Pure messaging architecture — transmits payment orders, letters of credit and securities instructions; the actual movement of money relies on correspondent banking accounts (Nostro/Vostro)
Standardised protocol — 8- or 11-character Business Identifier Codes (BIC) and the ISO 20022 messaging framework
Belgian and EU jurisdiction — obligating compliance with EU sanctions
CIPS (China) — launched 2015 to internationalise the yuan; enables cross-border RMB messaging, clearing and settlement across 120+ countries
SPFS (Russia) — developed 2014 after Western sanctions; connects Russian banks with foreign institutions, including Iran's SEPAM
Project mBridge — a blockchain-based multi-CBDC platform developed by participating central banks, enabling direct cross-border settlement using CBDCs, bypassing SWIFT and correspondent banking
2. RBI Net Purchases Record $18.65 Billion in July
The RBI net purchased $18.65 billion in foreign exchange in July 2026, the highest monthly purchase on record.
This was sharply higher than the $561 million net purchase in June 2026 and slightly above the previous record of $18.63 billion in June 2021.
The increase was linked to the RBI's concessional swap facility for FCNR(B) deposits, external commercial borrowings and overseas foreign-currency borrowings.
The facility attracted $40.82 billion of inflows by July-end, with banks routing the foreign currency back to the RBI through the swap window.
RBI and NABARD Current Affairs
Economy
1. NABARD and NaBFID Sign MoU for Rural Infrastructure Financing
NABARD and NaBFID signed an initial agreement to strengthen cooperation in financing rural infrastructure projects.
Areas of cooperation include water infrastructure, sanitation, irrigation and post-harvest storage facilities.
The partnership will support joint financing and knowledge sharing for projects having significant rural impact.
NaBFID is a specialised development finance institution established to support long-term infrastructure financing.
2. National Digital Tourism Stack
The Ministry of Tourism and ONDC are developing the National Digital Tourism Stack, a digital public infrastructure for India's tourism sector.
It aims to make tourism products and experiences discoverable, trustworthy and bookable through a shared digital ecosystem.
The target is to bring 23,000 tourism experiences and homestays onto the platform by 2028.
AI will be used at the front end, with the broader vision of “One ticket, One pass” to simplify travel and reduce paperwork.
Social Issue
1. The West Bengal Anti-Goonda Bill, 2026
The West Bengal Public Safety and Control of Anti-Social Activities Bill, 2026 was passed by the West Bengal Assembly in June 2026.
Reports said the President returned the Bill for reconsideration after the Centre raised concerns about possible overlap with the NDPS Act, 1985 and the PITNDPS Act, 1988.
The Bill deals with habitual offenders, organised crime and threats to public order, and includes provisions for preventive detention.
There was subsequently a conflicting public statement from West Bengal Chief Minister Suvendu Adhikari, who said the Bill was still under consideration of the Union Home Ministry. Therefore, the procedural status should be treated with care.
Misc GA
1. Russia Supports India's Permanent UNSC Seat
Russian Foreign Minister Sergey Lavrov backed India's candidature for a permanent seat on the UN Security Council during the 81st UN General Assembly in September 2026.
Russia also supported Brazil's candidature and called for greater representation of Asia, Africa and Latin America in the UNSC.
Lavrov opposed allocating additional permanent seats to Western countries, specifically mentioning Germany and Japan.
Exam point: The present UNSC has 5 permanent members — China, France, Russia, the UK and the US — and 10 non-permanent members elected for two-year terms.
2. Analogue Paneer
Analogue paneer is an imitation product designed to resemble dairy paneer, where some or all milk components are replaced with vegetable oils, starches or plant proteins.
Common ingredients may include vegetable fats, skimmed milk powder, soy proteins, caseinates, starches, emulsifiers and stabilisers.
FSSAI has proposed restricting the use of the name “paneer” for non-dairy analogue products to prevent consumer confusion and misleading labelling.
The issue is linked to food safety, food standards and transparent labelling.
3. Digital Connectivity Rating (DCR) Platform
TRAI launched the Digital Connectivity Rating (DCR) Platform and mobile app to assess and rate indoor digital connectivity in properties.
It covers residential, commercial and government properties and allows connectivity to become a measurable feature of a building.
The system covers the process from property registration and signal testing to certification and public rating.
Important: This news was already covered in the previous set, so do not repeat it in the consolidated current-affairs notes.
4. Operation Drishti
Operation Drishti is an Armed Forces Medical Services (AFMS) humanitarian initiative providing advanced eye-care services in remote and border areas.
During the 10th Mega Eye Surgical Camp, AFMS surgeons performed 220 sight-restoring surgeries at an underground surgical centre in Tangdhar, Kupwara, near the LoC.
The initiative focuses on people who face geographical, financial and logistical barriers to specialised eye care.
It is conducted by AFMS in coordination with the Indian Army's Chinar Corps.
5. Typhoon Dujuan
Typhoon Dujuan affected Tokyo and eastern Japan, bringing heavy rainfall and strong winds.
Izu Oshima Island recorded 832 mm of rainfall in 48 hours, while parts of Tokyo also experienced record rainfall.
It was a tropical cyclone in the Northwestern Pacific, with reported maximum sustained winds of around 130 km/h.
The name Dujuan, contributed by China, refers to the azalea flower.
6. Pandit Deendayal Upadhyaya
Pandit Deendayal Upadhyaya was an Indian political thinker, writer and leader of the Bharatiya Jana Sangh.
He served as its General Secretary from 1951 to 1967 and became its President in December 1967.
Integral Humanism emphasises balanced development of the body, mind, intellect and soul, along with harmony between society and nature.
Antyodaya refers to the idea of ensuring that development reaches the poorest and most marginalised sections.
7. India Retains Nona Gaprindashvili Trophy at Chess Olympiad
India retained the Nona Gaprindashvili Trophy at the 46th Chess Olympiad held in Samarkand, Uzbekistan.
India finished as the best overall nation, with a silver medal in the Open section and bronze in the Women's section.
The trophy is awarded to the country with the best combined performance in the Open and Women's competitions.
8. INS Sahyadri and INS Kulish Participate in Maritime Security Exercise
INS Sahyadri and INS Kulish participated in the ASEAN Defence Ministers' Meeting-Plus Experts' Working Group on Maritime Security Joint Cooperation Activity.
The activity was held at Subic Bay, Philippines, and hosted by the Philippine Navy.
It focused on cooperation and coordination in maritime security among participating countries.
It strengthens India's engagement with ASEAN and Indo-Pacific maritime-security mechanisms.
9. World Tourism Day 2026
World Tourism Day is observed every year on 27 September.
The 2026 theme is “Digital Agenda and Artificial Intelligence to Redesign Tourism.”
The theme highlights the use of digital technology and AI to improve tourism experiences and services.
It is particularly relevant to India's National Digital Tourism Stack initiative.
10. India Ranks 10th at WorldSkills Shanghai 2026
India secured 10th position at the 48th WorldSkills Competition, held in Shanghai, China, from 22–27 September 2026.
India won 6 Silver Medals and 20 Medals for Excellence.
India participated with its largest-ever contingent of 70 competitors across 63 skills.
The Indian contingent was coordinated by the National Skill Development Corporation (NSDC) under the Ministry of Skill Development and Entrepreneurship (MSDE).
11. India Wins 30 Medals at Asian Games 2026
As of 27 September 2026, India had won 30 medals at the Aichi-Nagoya Asian Games.
The tally consisted of 4 Gold, 12 Silver and 14 Bronze medals, placing India 10th at that point.
The men's and women's kabaddi teams won gold medals, while Sawan Barwal won silver in the men's marathon.
Other medals included silver for Tajinderpal Singh Toor and the women's 50m rifle 3 positions team, along with bronze medals in squash and other events.
12. Operation Drishti
Under Operation Drishti, Armed Forces Medical Services surgeons performed 220 sight-restoring surgeries at an underground surgical centre in Tangdhar, Kupwara, along the LoC.
The initiative is led by the Armed Forces Medical Services (AFMS) in coordination with the Indian Army's Chinar Corps.
It provides specialised eye care to people in remote and border areas who face geographical and financial barriers.
The programme focuses on preventing avoidable blindness through advanced ophthalmic treatment.
Five to remember · 27 & 28 September 2026
Founded 1973, headquartered at La Hulpe, BelgiumThe SWIFT Payment System
Reports said the President returned the Bill for reconsideration after the Centre raised concerns about possible overlap with the NDPS Act, 1985 and the PITNDPS Act, 1988. The West Bengal Anti-Goonda Bill, 2026
The recommended application mentioned is 100 ml per acre in 200 litres of water, with application at the first signs of infection during critical crop-growth stages. Dhanuka Agritech Launches ‘Polin’ Fungicide for…
Exam point: The present UNSC has 5 permanent members — China, France, Russia, the UK and the US — and 10 non-permanent members elected for two-year terms. Russia Supports India's Permanent UNSC Seat
Izu Oshima Island recorded 832 mm of rainfall in 48 hours, while parts of Tokyo also experienced record rainfall. Typhoon Dujuan
Context The Government launched the Pashudhan Bima Portal in New Delhi — a single integrated digital platform for livestock insurance under the Livestock Insurance Scheme of the Department of Animal Husbandry and Dairying
What is Pashudhan Bima Portal?
Pashudhan Bima Portal is a digital platform designed to manage the livestock insurance process through a single online system.
It will cover major activities such as:
Insurance policy issuance
Online insurance applications
Claim processing
Real-time monitoring
Reporting
Data-driven management
What It Does
Enables streamlined policy issuance, claim processing, monitoring and reporting
Farmers can submit insurance applications online, with the entire process monitored digitally
Facilitates better coordination, real-time monitoring and data-driven management of livestock insurance programmes
Available in 11 regional languages, besides Hindi and English
Important Facts for Exams
Livestock Insurance is now a component of the Rashtriya Gokul Mission, restructured under the Development Programme of the Department
Premium subsidy: the beneficiary share was reduced to 15 per cent, with the remainder shared by the Centre and States — on a 60:40 basis for most states, 90:10 for NE and Himalayan states, and 100 per cent for UTs
India is the world's largest milk producer, contributing about 24 per cent of global output
Livestock contributes a rising share of agricultural GVA and is a key source of income for small and landless farmers
Bharat Pashudhan — the digital database assigning a unique 12-digit ID to each animal, used for traceability and scheme delivery
Other portals in this space: Pashu Aadhaar tagging under NDLM, and the e-Gopala app
2. The UN Declaration on Sea Level Rise
Source: UN News
Context At the 81st UN General Assembly, world leaders adopted the UN Declaration on Sea Level Rise by consensus — addressing threats to the sovereignty, legal rights and survival of low-lying coastal nations and Small Island Developing States (SIDS).
What It Is
A consensus-based international political declaration
Establishing global principles for safeguarding continued statehood, permanent maritime entitlements and human rights of nations facing inundation
Adopted under UNGA Decision 78/558, co-facilitated by Australia and Cabo Verde
The Five Key Features
Presumption of continued statehood — sovereign statehood, legal personality and UN membership remain intact even if territory is submerged
Freezing of maritime baselines — lawfully deposited UNCLOS maritime boundaries remain fixed and permanent, with no requirement to revise them as coastlines retreat
Protection of affected persons — populations displaced across borders retain protections under international human rights law, preserving nationality, dignity and the right to self-determination
Closing the adaptation finance gap — urging predictable, simplified climate adaptation funds for vulnerable island nations
Scientific observation and early warnings — oceanic data sharing, coastal risk mapping and multi-hazard early warning systems
Key Terms
Sea-Level Rise: Long-term increase in the average level of the world's oceans, mainly due to global warming and melting ice.
SIDS: Small Island Developing States that are particularly vulnerable to climate change, sea-level rise and extreme weather events.
UNCLOS: United Nations Convention on the Law of the Sea, the major international legal framework governing oceans and maritime zones.
Maritime Entitlements: Rights of coastal states over maritime areas such as the territorial sea, contiguous zone, EEZ and continental shelf.
The Ministry of Environment, Forest and Climate Change (MoEFCC) launched the Capacity Enhancement for Effective Forest Management Project with support from JICA.
The project will run from 2025–26 to 2031–32 and focuses on improving the capacity of frontline forest personnel.
It covers sustainable forest management, wildlife management, climate challenges, training and research.
The project has a total outlay of ₹537.10 crore, including ₹440.42 crore from JICA and ₹96.68 crore from the Government of India.
RBI and NABARD Current Affairs
Reports & Articles
WEF Travel and Tourism Development Index 2026
Source: WEF
Context The World Economic Forum released the 10th edition of the Travel and Tourism Development Index (TTDI) 2026. India jumped 9 places to 31st, with an overall score of 4.42.
India's Performance
Rank 31, up 9 places
Score: 4.42
Driven by low travel costs, cultural resources and natural attractions
The Top Five
Rank
Country
Score
1
Japan
5.27
2
United States
—
3
Spain
—
4
Australia
—
5
France
—
The Bottom Five
Rank
Country
Score
110
Mali
2.75
109
Sierra Leone
2.91
108
Cameroon
3.05
107
Malawi
3.08
106
Benin
3.13
About the Index
WEF's flagship travel and tourism benchmarking series
Originally the Travel & Tourism Competitiveness Index (TTCI), published biennially from 2007 to 2019
Relaunched in 2022 in its current form
The 2026 edition was prepared with the Zurich Insurance Group
Ranks 110 economies, down from 119 in 2025
OECD Raises India's FY27 GDP Growth Forecast to 7.1%
The OECD Economic Outlook, Interim Report September 2026 raised India's FY27 GDP growth forecast to 7.1%, from 6.3% projected earlier.
The upward revision was linked to strong domestic demand and government measures that protected households and firms from higher energy prices.
India's growth is projected to moderate to 6.5% in FY28.
India's inflation is projected at 4.7% in FY27 and 4.2% in FY28.
Economy
Industrial Growth Rises to 8% in August 2026
India's Index of Industrial Production (IIP) grew 8% in August 2026, up from 7.35% in July 2026.
Growth was supported by strong performance in manufacturing, electricity, capital goods and consumer goods.
August growth was the second-highest since April 2024 under the new IIP series.
The previous higher growth was recorded in June 2026 at 8.8%.
Russia Remains India's Largest Crude Oil Supplier
Russia continued to be India's largest source of crude oil imports in September 2026.
Russian supplies remained broadly close to the previous month's level despite changing geopolitical conditions.
Russia's position is important for India's energy security and crude-import strategy.
The issue is also connected with international sanctions and tariffs relating to purchases of Russian energy.
Misc GA
PRAHAAR: National Counter-Terrorism Policy and Strategy
Context Union Home Minister Amit Shah inaugurated the Conference on 'PRAHAAR – National CT Policy and Strategy' in New Delhi, and launched a new Extradition Portal.
The Seven Pillars of PRAHAAR
P — Prevention
R — Response
A — Aggregating Internal Capacities
H — Human Rights
A — Attenuating Conditions for Terrorism
A — Aligning International Efforts
R — Recovery and Resilience
Deliberated through a whole-of-society approach.
What is PRAHAAR?
PRAHAAR is India's national framework for dealing with terrorist activities, radicalization and the wider terror ecosystem.
Its approach is intelligence-led and proactive, aiming to move beyond a purely reactive response to terrorism. It also emphasises human rights, rule of law, technology, inter-agency coordination and international cooperation.
Important Facts for Exams
PRAHAAR — the National Counter-Terrorism Policy and Strategy; seven pillars
288 fugitives brought back from 36 countries, 2019–2026
Shahzad Bhatti network — declared a terrorist organisation under the UAPA; 40+ modules busted, 350 arrests across 15 states
UAPA, 1967 — the principal anti-terror law; the 2019 amendment allows the Centre to designate individuals as terrorists, not only organisations
NIA — National Investigation Agency, established under the NIA Act, 2008, after the 26/11 Mumbai attacks
MAC — Multi-Agency Centre, under the Intelligence Bureau, for intelligence sharing
NATGRID — National Intelligence Grid, linking databases across agencies
Extradition in India is governed by the Extradition Act, 1962; India has extradition treaties with about 50 countries and arrangements with several others
The inclusion of "Human Rights" as a pillar is notable — counter-terrorism frameworks are frequently criticised on this ground
Exercise Tarang Shakti 2026
Context The Indian Air Force launched Exercise Tarang Shakti 2026 at Jodhpur, Rajasthan — themed "Power in Partnership" — involving seven foreign countries, including the maiden operational participation of US F-35 stealth fighters.
What It Is
India's premier multinational large-force employment (LFE) combat air exercise
The second edition, after the maiden 2024 edition
Hosted by the IAF at Air Force Station Jodhpur
Participating Countries
Seven Friendly Foreign Countries:United States, Australia, France, Germany, UAE, Sri Lanka and Bangladesh
IAF Hosts Tarang Shakti 2026
The Indian Air Force (IAF) commenced the 2nd edition of multinational air exercise Tarang Shakti 2026 at Jodhpur, Rajasthan.
The exercise is being conducted from 26 September to 12 October 2026, with participation from 40 countries.
Eight countries — Australia, Bangladesh, France, Germany, Greece, Sri Lanka, UAE and the USA — are participating with air assets, while 32 countries are observers.
Training areas include air defence, reconnaissance, airlift, air-to-air refuelling, BVR/WVR combat, dynamic targeting and Combat Search and Rescue.
NGT International Conference on Environment and Climate Dynamics
Prime Minister Narendra Modi inaugurated the international conference on “The Future of Environment and Climate Dynamics” organised by the National Green Tribunal (NGT).
The conference was held at Vigyan Bhawan, New Delhi, from 19–20 September 2026.
Participants included judicial representatives from 17 countries, along with scientists, policymakers and environmental experts.
Major themes included climate resilience, circular economy, biodiversity, sustainable energy and environmental law.
India's First Indigenous Working Micro-GPU
Researchers at IIT Delhi developed India's first working and demonstrable indigenous micro-GPU.
The system uses Register Transfer Language (RTL) and was prototyped on a Spartan-7 FPGA.
Potential applications include industrial displays, e-rickshaw dashboards, e-readers, inland navigation and human-machine interfaces.
The team is also working towards an 8–16 core vector-style GPU architecture and a 65 nm ASIC proof-of-concept.
World Car-Free Day 2026
World Car-Free Day is observed on 22 September to encourage people to reduce private-car use and promote sustainable transport.
The initiative developed from international efforts during the 1990s to reduce dependence on cars in urban areas.
The first international Car-Free Day was held in 1999 as part of the European Union's “In Town Without My Car” campaign.
It is associated with wider goals such as cleaner air, sustainable mobility and reduced urban congestion.
International Day of Sign Languages 2026
The International Day of Sign Languages is observed on 23 September every year.
The 2026 theme is “Declaring Deaf People’s Human Rights.”
The UN designated 23 September as the day through Resolution A/RES/72/161 in 2017.
The date commemorates the establishment of the World Federation of the Deaf (WFD) in 1951.
National Service Scheme Day 2026
National Service Scheme (NSS) Day is observed on 24 September every year.
NSS was formally launched on 24 September 1969 in 37 universities.
It operates under the Ministry of Youth Affairs and Sports and focuses on student participation in community service and nation-building activities.
The launch year, 1969, coincided with the birth centenary of Mahatma Gandhi.
World Heart Day 2026
World Heart Day is observed every year on 29 September.
It aims to create awareness about cardiovascular diseases, their prevention and their global impact.
The day promotes healthier lifestyles and greater awareness of heart-health risks.
FICCI FRAMES 2026
FICCI FRAMES 2026 is being held in Mumbai with the theme “India’s Media Moment: Creating Value in an Age of Infinite Content.”
The event focuses on India's media and entertainment industry and emerging opportunities in the sector.
Tourism and Culture Minister Gajendra Singh Shekhawat is scheduled to deliver the inaugural address.
Key areas include the changing media landscape, digital content and new technologies.
Esha Singh Wins Silver in Women's 25m Pistol
Indian shooter Esha Singh won the silver medal in the women's 25m pistol event at the Aichi-Nagoya Asian Games 2026.
The event involved several shoot-offs, making it a closely contested competition.
The medal added to India's shooting medal tally at the Asian Games.
Pincky Balhara Wins Bronze in Kurash
Pincky Balhara won a bronze medal in kurash at the Aichi-Nagoya Asian Games 2026.
She became the most successful Indian kurash athlete in Asian Games history with her second Asiad medal.
Her campaign was affected by a knee injury during the semifinal.
Russia Supports India's Permanent UNSC Seat
Russia publicly supported India's candidature for a permanent seat on the UN Security Council.
Russian Foreign Minister Sergey Lavrov called for greater representation of Asia, Africa and Latin America in the Council.
Russia also expressed support for Brazil's candidature.
The UNSC currently has five permanent members — China, France, Russia, the UK and the US — and 10 elected non-permanent members.
Nvidia Launches Open Agent Safety Platform
Nvidia introduced an AI-security framework aimed at monitoring and controlling autonomous AI agents.
OpenShell allows users to establish and enforce rules governing what AI agents can access.
Nvidia Sentry provides an additional monitoring layer designed to detect suspicious behaviour and isolate problematic agents.
The initiative reflects growing concerns about AI-agent security, access control and autonomous system risks.
India's First LNG-Powered Train
India launched its first LNG-powered passenger train from Sabarmati, Gujarat.
The 8-coach train uses a retrofitted LNG-diesel dual-fuel system, with LNG capable of replacing up to 40% of diesel consumption during line-haul operations.
The inaugural route was Sabarmati–Mahesana on the Western Railway.
The initiative aims to reduce diesel use and emissions, particularly on routes where full electrification is not yet available.
Five to remember · 29 September 2026
The OECD Economic Outlook, Interim Report September 2026 raised India's FY27 GDP growth forecast to 7.1%, from 6.3% projected earlier. OECD Raises India's FY27 GDP Growth Forecast to…
India's Index of Industrial Production (IIP) grew 8% in August 2026, up from 7.35% in July 2026. Industrial Growth Rises to 8% in August 2026
Extradition in India is governed by the Extradition Act, 1962; India has extradition treaties with about 50 countries and arrangements with several others PRAHAAR: National Counter-Terrorism Policy and …
The project will run from 2025–26 to 2031–32 and focuses on improving the capacity of frontline forest personnel. JICA-Supported Effective Forest Management Proj…
The first international Car-Free Day was held in 1999 as part of the European Union's “In Town Without My Car” campaign. World Car-Free Day 2026
Day 23 of 23
30 September 2026
Wednesday · 28 items · 6 topics
Agriculture 2 · Schemes 2 · Misc GA 16 · Banking and Finance 4 · Economy 2 · Social Issue 2
Distribution: North Africa to Central Asia and north-western India; in India from Gujarat, Rajasthan, Punjab, Haryana, HP and J&K
Rear-fanged (opisthoglyphous) — fangs at the back of the upper jaw; venom is delivered by chewing, and such snakes are generally not medically significant to humans
India's "Big Four" medically significant snakes: Russell's viper, saw-scaled viper, common krait and spectacled cobra
Kutch, Gujarat — India's largest district, containing the Great and Little Rann of Kutch, a salt marsh ecosystem
The Rann of Kutch is the world's only breeding ground for Greater Flamingos in the region — Flamingo City
Context India showcased its progress in forest and landscape restoration at the 28th Session of the FAO Committee on Forestry (COFO 28) in Rome, Italy.
What COFO Is
The highest statutory global intergovernmental body on forestry under the FAO
An international forum for policy dialogue, intergovernmental collaboration and technical direction on forest ecosystems and landscape governance
Meets biennially at FAO Headquarters, Rome
Brings together 128 member countries, ministers, heads of national forest services and partner agencies
Reports to the FAO Council on programme and budgetary matters, and to the FAO Conference on global policy
Important Facts for Exams
COFO 28 — Rome; COFO is the highest FAO forestry body, meeting biennially, with 128 members
Publishes the State of the World's Forests (SOFO) — biennial — and the Global Forest Resources Assessment (FRA) — five-yearly
India in FRA 2025:9th in total forest area; 3rd in net annual gain; 82.74 mn ha, 25.17 per cent of geographical area
India has 101 Ramsar Sites — the third-highest globally, after the UK and Mexico, and the most in Asia
Ek Ped Maa Ke Naam — over 3.5 billion saplings planted
Bonn Challenge — launched 2011 by Germany and IUCN; target 350 million hectares globally by 2030
KMGBF — adopted at CBD COP15, 2022; includes the "30x30" target
UN Decade on Ecosystem Restoration: 2021–2030
FAO — headquartered at Rome, founded 1945
Schemes
DDU-GKY Completes 12 Years of Rural Skill Development
Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) was launched on 25 September 2014 under DAY-NRLM.
It provides placement-linked skill training to rural youth from poor households, mainly in the 15–35 years age group.
Since launch, over 18.47 lakh candidates have been trained and more than 12.43 lakh placed.
DDU-GKY 2.0, notified in May 2025, increased the minimum placement duration from 3 months to 6 months and also covers wage, self-employment and gig employment.
Arogya Manthan 2026
Arogya Manthan 2026 was organised by the National Health Authority (NHA) to mark 8 years of AB PM-JAY and 5 years of ABDM.
New initiatives included the National Healthcare Providers Registry Mobile App, NHCX Implementation Guide and a Secure Data Environment framework.
The event reviewed the progress of health assurance and digital health infrastructure in India.
Several States and UTs were recognised for performance under AB PM-JAY and ABDM.
Misc GA
India Wins Women’s 4×400m Relay Gold at Asian Games
India won gold in the women’s 4×400m relay with a timing of 3:29.69.
The Indian team comprised Kiran Pahal, M.R. Poovamma, Prachi Choudhary and Vithya Ramraj.
Bahrain won silver and China won bronze.
India reclaimed the Asian Games title after China had won the event in the previous edition.
Exercise KAZIND-2026
Exercise KAZIND-2026 is the 9th India–Kazakhstan Joint Military Exercise.
The exercise is being held at Oskemen, Kazakhstan.
It focuses on interoperability and joint counter-terrorism operations in a sub-conventional environment.
A 60-member Indian Armed Forces contingent is participating.
India’s First Port-Based E-Methanol Plant at Kandla
India’s first port-based e-methanol production facility is being established at Deendayal Port Authority, Kandla, Gujarat.
The plant will use renewable power, water and biogenic CO₂ to produce e-methanol.
Total planned capacity is 150 tonnes per day, with an estimated project cost of ₹2,300 crore.
The project is being developed by Deendayal Port Authority and Assam Petro-Chemicals Ltd.
India’s First Victim Rights Centre
India’s first Victim Rights Centre (VRC) was inaugurated at the Bihar State Legal Services Authority in Patna.
It provides legal, medical, psychological and social assistance through a single-window system.
It will maintain case records and track cases until relief is delivered.
The centre particularly supports children, elderly victims, survivors of sexual offences and other vulnerable groups.
CSIR Launches Five Regional-Language Science Magazines
CSIR-NIScPR launched five popular science magazines on the 85th Foundation Day of CSIR.
The magazines cover Assamese, Bengali, Marathi, Tamil and Telugu.
The initiative aims to make scientific knowledge accessible in Indian languages.
A CSIR mascot, CSIR@85 postal stamp and Technology Compendium were also launched.
TRAI Launches Digital Connectivity Rating Platform
TRAI launched the Digital Connectivity Rating (DCR) Platform for rating digital connectivity at properties.
Users can search properties by name, location or certificate ID.
Digitally signed certificates can be verified through QR codes.
The platform connects property managers, Digital Connectivity Rating Agencies and consumers.
Indian Scientists Receive AGU 2026 Awards
Indian scientists Roxy Mathew Koll and Neelima Satyam were among the 43 AGU 2026 awardees.
Roxy Mathew Koll received the Pavel S. Molohanov Climate Communications Prize.
Neelima Satyam received the Devendra Lal Memorial Medal.
The awards recognise contributions to Earth and space sciences, climate research and scientific communication.
India to Host Asian Pencak Silat Championship 2027
India will host the 4th Junior & 11th Senior Asian Pencak Silat Championship 2027.
The event will be held at Manohar Parrikar Stadium, Goa, from 19–23 April 2027.
The championship has been endorsed by the International Pencak Silat Federation (PERSILAT).
It will bring together junior and senior athletes from across Asia.
World Maritime Day 2026
World Maritime Day was observed on 24 September 2026.
It is observed annually on the last Thursday of September under the leadership of the International Maritime Organization (IMO).
The 2026 theme is “From Policy to Practice: Powering Maritime Excellence.”
The day highlights maritime safety, security, environmental protection and sustainable shipping.
World Pharmacists Day 2026
World Pharmacists Day is observed on 25 September every year.
The 2026 theme is “Empowering Pharmacists for Healthier Futures.”
It is associated with the International Pharmaceutical Federation (FIP).
The first World Pharmacists Day was observed in 2010.
Antyodaya Diwas 2026
Antyodaya Diwas is observed on 25 September to commemorate the birth anniversary of Pandit Deendayal Upadhyaya.
25 September 2026 marked his 110th birth anniversary.
The Government declared 25 September as Antyodaya Diwas in 2014.
On the first observance, Aajeevika Skills was relaunched as DDU-GKY.
RBI Current Affairs
Banking and Finance
1. What's Driving the Rupee's Depreciation
Source: Indian Express
Context The rupee has been under sustained pressure, driven by a combination of external shocks, capital outflows and domestic macro imbalances — even as India's growth and reserves remain strong.
Key Figures
The rupee has depreciated about 8 per cent in real terms over the past year, per the REER
It touched an all-time low near ₹97 per dollar in May 2026
Forex reserves reached a record $785.7 billion in the week ended 4 September
The RBI mobilised $136.37 billion through its concessional swap facility
Major Reasons Behind Rupee Depreciation
1. High Crude Oil Prices
India imports over 85% of its crude oil.
Brent crude crossed $100/barrel, nearing $110 amid West Asia tensions.
Higher oil prices increase dollar demand and import costs, putting pressure on the rupee.
Every $10 rise in crude prices may reduce India’s growth by about 44 basis points, according to Ind-Ra.
2. Foreign Capital Outflows
Foreign investors selling Indian assets increase demand for foreign currency.
FPI equity outflows: about $19 billion in 2025 and $25 billion in 2026.
Around $13 billion flowed out in March 2026 alone.
Net FDI: only about $0.4 billion in 2024-25, partly due to investment repatriation.
3. Narrower India-US Interest Rate Differential
A smaller gap between Indian and US interest rates can reduce the attractiveness of rupee assets.
US rates were around 3.75–4%, while US Treasury yields also increased.
This can encourage investors to shift funds towards US assets, adding pressure on the rupee.
4. Structural Trade Deficit
India imports more goods than it exports, creating a persistent merchandise trade deficit.
Services exports and remittances partly offset this deficit.
CAD was around 0.6% of GDP in 2024-25 but may widen towards 2% of GDP.
Higher prices of energy, fertilisers and sulphur can further increase import costs.
Key Terms
Rupee Depreciation: Fall in the value of the rupee against foreign currencies, especially the US dollar.
FPI:Foreign Portfolio Investment in assets such as shares and bonds without controlling the company.
FDI:Foreign Direct Investment involving long-term investment in a foreign business.
Trade Deficit: When a country’s imports of goods exceed its exports.
CAD:Current Account Deficit, when a country’s payments to the rest of the world exceed its receipts.
Interest Rate Differential: Difference between interest rates of two countries.
Terms of Trade: Ratio of a country’s export prices to import prices.
Basis Point (bp):1 bp = 0.01 percentage point; 100 bps = 1 percentage point.
IIT Madras Unicorn Frontier Fund-I
Nirmala Sitharaman launched the IITM Unicorn Frontier Fund-I, an Alternative Investment Fund (AIF).
It is a joint initiative of Unicorn India Ventures, IIT Madras and IIT Madras Research Park.
The fund raised ₹450 crore in its first close, against a target of ₹1,000 crore.
It will provide ₹5–20 crore to early-stage startups, especially in the deep-tech sector.
IRDAI Appoints Two Whole-Time Members
Dinesh Pant and Girija Subramanian assumed charge as Whole-Time Members of IRDAI.
Pant has been appointed Whole-Time Member (Actuary) and previously served as MD of LIC.
Subramanian has been appointed Whole-Time Member (Distribution) and previously served as CMD of New India Assurance.
Their tenure is 5 years or until 65 years of age, whichever is earlier.
RBI and NABARD Current Affairs
1. Indian Delegation Attends SCO Meeting in Pakistan
Context An Indian delegation led by a senior External Affairs Ministry official attended the SCO National Coordinators' meeting in Islamabad — the first official Indian visit to Pakistan since Operation Sindoor. Pakistan announced it would host the SCO Summit in August 2027.
About Shanghai Cooperation Organisation (SCO)
Established: 15 June 2001, at Shanghai
Founded by six countries:China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan
Four major road infrastructure projects worth ₹1,941 crore were inaugurated in Delhi.
The major project is Barapullah Phase-3, costing around ₹1,635 crore.
The 3.5-km elevated stretch connects Mayur Vihar Phase-I with Sarai Kale Khan and extends signal-free connectivity towards South Delhi.
Other projects include the Mukarba Chowk underpass, Modi Mill–Savitri Cinema flyover and Loni underpass.
India’s First Port-Based E-Methanol Plant
The Kandla e-methanol project supports India's transition towards green maritime fuels.
It will use renewable energy and biogenic CO₂, linking clean energy with low-carbon fuel production.
The project has a planned capacity of 150 TPD and an estimated cost of ₹2,300 crore.
It is being implemented by Deendayal Port Authority and Assam Petro-Chemicals Ltd.
Social Issue
Ministry of Minority Affairs Signs MoUs with Academic Institutions
The Ministry of Minority Affairs signed MoUs with institutions including IISc, IIM Bangalore and IIT Madras.
IIM Bangalore will undertake third-party monitoring of PM VIKAS training in the South zone.
IIT Madras-CUBE will assess infrastructure quality and sustainability of PMJVK projects.
The partnerships also support startups, incubation, skilling, research and entrepreneurship under the Prime Minister Minority Venture Fund.
Victim Rights Centre in Patna
The first Victim Rights Centre provides integrated assistance through a single-window mechanism.
It covers legal, medical, psychological and social support.
The initiative is particularly relevant for vulnerable victims and witnesses.
It also aims to improve case tracking and timely delivery of relief.
Misc GA
IIT Delhi Develops Indigenous Working Micro-GPU
IIT Delhi has developed an indigenous working micro-GPU using an FPGA-based design.
The system can support industrial displays, e-rickshaw dashboards, e-readers and embedded visualisation.
The roadmap includes an 8–16 core vector-style GPU and an eventual 65-nm ASIC proof of concept.
It is significant for developing indigenous computing hardware.
India Wins Women’s 4×400m Relay Gold
India won the women’s 4×400m relay gold with a timing of 3:29.69.
The quartet consisted of Kiran Pahal, M.R. Poovamma, Prachi Choudhary and Vithya Ramraj.
Bahrain won silver and China won bronze.
It was India's seventh Asian Games gold in this event.
Exercise KAZIND-2026
The 9th India–Kazakhstan Joint Military Exercise is being conducted at Oskemen, Kazakhstan.
It focuses on counter-terrorism operations and interoperability.
A 60-member Indian contingent is participating.
The exercise is conducted in a sub-conventional environment under a UN mandate.
World Maritime Day 2026
Observed on 24 September 2026.
Organised under the leadership of the International Maritime Organization (IMO).
Theme: “From Policy to Practice: Powering Maritime Excellence.”
Focus: maritime safety, security and environmental sustainability.
World Pharmacists Day 2026
Observed on 25 September 2026.
Theme: “Empowering Pharmacists for Healthier Futures.”
The day highlights the role of pharmacists in healthcare.
It is associated with the International Pharmaceutical Federation (FIP).
Five to remember · 30 September 2026
Arogya Manthan 2026 was organised by the National Health Authority (NHA) to mark 8 years of AB PM-JAY and 5 years of ABDM. Arogya Manthan 2026
India in FRA 2025: 9th in total forest area; 3rd in net annual gain; 82.74 mn ha, 25.17 per cent of geographical area FAO Committee on Forestry (COFO 28)
DDU-GKY 2.0, notified in May 2025, increased the minimum placement duration from 3 months to 6 months and also covers wage, self-employment and gig employment. DDU-GKY Completes 12 Years of Rural Skill Devel…
The first World Pharmacists Day was observed in 2010. World Pharmacists Day 2026
25 September 2026 marked his 110th birth anniversary. Antyodaya Diwas 2026
The classroom behind this book
Be next. Be a topper.
Eight of the top 10 ranks in NABARD Grade A 2025 went to students who prepared with us — 32 final selections from the 2025 batch alone, 12 more at the interview stage. The same mentors compile this book every day, and teach the courses below.