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Current Affairs 2 September 2026 - Daily News for UPSC, SSC, Banking | Current Affairs Pulse
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2 September 2026
2 September 2026
49 articles
5 high importance
49 with quiz
All (49)
Awards & Honours (3)
Environment (9)
Science & Tech (4)
Defence (3)
International (4)
Obituaries (1)
Economy (9)
Banking & Finance (2)
Polity & Governance (4)
Sports (1)
State News (1)
History & Culture (2)
Important Days (1)
Appointments (1)
Summits & Conferences (2)
Schemes & Committees (2)
Awards & Honours
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Sethuraman Panchanathan Becomes First Indian American to Win NAE's Bueche Award
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The US National Academy of Engineering (NAE) named Chennai-born computer scientist Sethuraman Panchanathan the 2026 winner of the Arthur M. Bueche Award, announced on 2 September 2026.
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He is the first Indian American, and the first Arizonan, to win the award in its more than 40-year history.
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He was the 15th Director of the US National Science Foundation (June 2020 - April 2025) and received the Padma Shri in 2025.
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Environment
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Centre Reissues Draft Eco-Sensitive Zone Notification for Nagarahole Tiger Reserve
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The Union Environment Ministry reissued the draft eco-sensitive zone (ESZ) notification for Nagarahole Tiger Reserve on 2 September 2026 — its second attempt after the first draft of 27 July 2017.
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The proposed ESZ covers 573.95 sq km (304.09 sq km of village land and 269.86 sq km of reserve forest), touching 101 villages in Mysuru and Kodagu districts.
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It extends 1.0-7.44 km from the reserve boundary, and up to 24.08 km on the north-west where reserve forests adjoin.
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Science & Tech
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Hubble Tracks a Growing Ten-Sided Wave Around Saturn's South Pole
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The NASA/ESA Hubble Space Telescope has detected a giant ten-sided pattern of clouds and winds around Saturn's south pole, announced on 2 September 2026 and published in Science Advances.
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The decagon is not a solid structure but a large atmospheric wave embedded in a jet stream at about 63 degrees south latitude, where winds reach roughly 400 km/h.
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Its ten corners oscillate back and forth on a cycle of about 32 days — behaviour never seen in Saturn's long-known northern hexagon.
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Defence
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German Navy Test-Fires Israeli LORA Ballistic Missile in the North Atlantic
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The German Navy test-fired the Israeli-made LORA ballistic missile in the North Atlantic overnight on 2 September 2026, from the frigate Sachsen-Anhalt.
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It was the first time Germany has launched a ballistic missile at sea; both launches followed their set trajectory and hit their targets.
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LORA - Long Range Artillery - is a single-stage, solid-propellant, road-mobile and sea-launchable short-range ballistic missile developed by Israel Aerospace Industries and in Israeli service since about 2007.
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Environment
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New Caecilian Gegeneophis chandgadi Described from Northern Western Ghats
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Gegeneophis chandgadi, a new species of legless, worm-like amphibian, was formally described on 2 September 2026 in the Records of the Zoological Survey of India.
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It was collected during field surveys in August 2025 at Buzawade village in the Chandgad region of Maharashtra, in the northern Western Ghats.
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The species name honours Chandgadi, the local dialect of Marathi spoken in the area.
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Environment
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New 'Devil Flower' Thismia daemona Described from Thai National Park
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Botanists described a new flowering plant species, Thismia daemona, in the journal PhytoKeys, nicknamed the 'devil flower' for its dark, horned appearance.
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It was found in Thong Pha Phum National Park in western Thailand during a 2025 field survey, at 950-970 metres in seasonal montane forest.
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The plant is mycoheterotrophic - it has no chlorophyll, does not photosynthesise, and draws nutrients from underground fungal networks.
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Science & Tech
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E. coli Enzyme Transcribes Eight-Letter Hachimoji DNA, UC San Diego Study Shows
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Researchers at the University of California San Diego showed that Escherichia coli RNA polymerase can read and transcribe a synthetic eight-letter genetic alphabet, in a study published in Nature Communications on 2 September 2026.
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The system, called hachimoji DNA, adds four synthetic bases - P, Z, B and S - to the four natural ones, A, T, C and G.
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The bacterial enzyme recognised the synthetic base pairs using biochemical signals similar to those it uses for natural bases, with the P-Z pair transcribed about twice as slowly as a natural G-C pair.
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International
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US Mint's Trump $1 Semiquincentennial Coin Sells Out Within Hours of Release
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The US Mint put the 2026 Semiquincentennial President Donald J. Trump $1 coin on sale through its online catalogue on 2 September 2026.
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Rolls and bags sold out within hours, with buyers held in virtual queues and online purchases capped at two per buyer.
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The coin marks the 250th anniversary of the Declaration of Independence, carried on the obverse as the dates 1776-2026.
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Environment
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UNEP's Limiting Overshoot Report Says a 1.5C Breach Is Now Unavoidable
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The United Nations Environment Programme released a report titled 'Limiting Overshoot' on 2 September 2026, its first detailed 'overshoot, peak and decline' pathway.
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It concludes that global warming will cross 1.5 degrees Celsius above pre-industrial levels within the next few years, and that the breach is now unavoidable.
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Even if every country delivers on its national climate plan and net-zero target, peak warming would reach about 1.8 degrees Celsius; on current policies the world is heading for about 2.6 degrees Celsius by 2100.
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Environment
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India's Data Centre Boom Collides With Water, Power and Urban Heat Limits
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India's installed data centre capacity has grown from 520 MW in 2020 to about 1.5 GW in 2026, and is projected to reach 6.5 GW by 2030.
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Electricity demand from data centres is projected to rise from about 13 TWh in 2024 to roughly 57 TWh by 2030, with the Ministry of Power estimating that generative AI workloads alone will add 26.3 GW of base-load demand by 2031-32.
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A single 100 MW facility consumes about 2 million litres of water a day, roughly what 6,500 urban homes use; aggregate use is projected to rise from 150 billion litres in 2024-25 to 358 billion litres a year by 2030.
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Obituaries
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Gujarati Music Composer Gaurang Vyas Dies at 87 in Ahmedabad
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Gaurang Vyas, a Gujarati music composer, arranger and singer, died in Ahmedabad on the night of 2 September 2026 at the age of 87.
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He was the son of Avinash Vyas, the Padma Shri-winning composer of Gujarati and Hindi film music, and began his career assisting his father on the film Jesal Toral.
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He made his independent debut as a music director with Lakho Phulani and went on to compose for more than 100 films.
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Economy
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APEDA Flags Off Tripura's First Organic Rice Export to Austria and the Netherlands
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On 2 September 2026, APEDA facilitated the flag-off of 18 metric tonnes of NPOP-certified ethnic organic rice from Tripura for export to Austria and the Netherlands.
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The consignment was flagged off at Pragna Bhaban in Agartala and marks Tripura's first organic agricultural shipment to the European market.
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It carried four indigenous varieties: Aromatic Harinarayan rice, Maimi Hanga black rice, Biron white sticky rice and Aromatic Kalikhasa rice.
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Banking & Finance
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GIFT IFSC Banking Units Mobilise $52.8 Billion Under RBI's FCNR(B) Swap Facility
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The International Financial Services Centres Authority reported that 20 International Banking Units at GIFT IFSC had sanctioned USD 54.02 billion under the RBI's special swap facility for FCNR(B) deposits by 31 August 2026, of which about USD 52.82 billion had been disbursed.
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Sanctions under the facility climbed steeply through August, from USD 28.60 billion on 14 August to USD 37.26 billion on 21 August and USD 54.02 billion by 31 August 2026.
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International Banking Units at GIFT-IFSC also disbursed USD 11.62 billion in External Commercial Borrowings between April and August 2026, with monthly disbursement rising from USD 1.54 billion in April to USD 3.54 billion in August.
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International
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India and Canada Hold Foreign Office Consultations, Target CEPA by End of 2026
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India and Canada held their annual Foreign Office Consultations on 2 September 2026 at Hyderabad House in New Delhi.
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The Indian delegation was led by Ministry of External Affairs Secretary (East) Rudrendra Tandon and the Canadian delegation by Deputy Minister of Foreign Affairs Arun Thangaraj of Global Affairs Canada.
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Both sides reaffirmed the target of concluding negotiations on a Comprehensive Economic Partnership Agreement by the end of 2026.
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Polity & Governance
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Supreme Court Orders Tamil Nadu to Frame Transit Rules for Purse Seine Fishing Vessels
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The Supreme Court on 2 September 2026 directed the Tamil Nadu government to frame rules designating a specified channel through which fishing vessels carrying purse seine nets may transit territorial waters to reach the Exclusive Economic Zone.
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The bench of Justices P.S. Narasimha and Alok Aradhe was hearing Fisherman Care v. Union of India, reported as 2026 INSC 937.
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The Court held that prolonged delay in processing access-pass applications virtually amounts to an unwritten ban, which is impermissible in law, and touches the Article 19(1)(g) right to carry on an occupation or trade.
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Economy
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MoSPI Defends Q1 FY27 GDP Estimates, Explains Negative Manufacturing Deflator
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The Ministry of Statistics and Programme Implementation issued a clarification on 2 September 2026 defending its Q1 FY27 GDP estimates against claims that growth had been inflated by data revision.
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India's real GDP grew 7.8% in the first quarter of 2026-27 under the new 2022-23 base-year series.
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Manufacturing recorded a negative implicit GVA deflator of 1.5% because input prices rose faster than output prices: nominal GVA grew 7.7% while real GVA grew 9.2%.
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India's Auto-Component Trade Balance Swings to a $1.4 Billion Deficit
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India's auto-component trade balance turned into a deficit of $1.4 billion in FY 2025-26, with exports of about $24 billion against imports of $25.4 billion.
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The figures were discussed at the 66th Annual Session of the Automotive Component Manufacturers Association of India in New Delhi on 2 September 2026.
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The deficit followed two consecutive years of surplus, per ACMA data released on 8 July 2026.
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Awards & Honours
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Tenzing Norgay National Adventure Awards 2024 Go to Four Adventurers
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The Ministry of Youth Affairs and Sports announced four recipients of the Tenzing Norgay National Adventure Awards 2024 on 2 September 2026.
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Baljeet Kaur and Skalzang Rigzin were honoured in Land Adventure, Rimo Saha in Water Adventure and Shiv Prasad Chamoli for Lifetime Achievement.
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There was no award in the Air Adventure category this year.
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Sports
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India to Host Inaugural ICC Women's Champions Trophy in February 2027
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The International Cricket Council named India as host of the inaugural ICC Women's Champions Trophy, with the Board ratifying the decision on 2 September 2026.
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The tournament will run from 14 to 28 February 2027 at the Cricket Club of India in Mumbai and the Vadodara International Cricket Stadium.
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Six teams will compete: Australia, England, India, New Zealand, South Africa and Sri Lanka.
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State News
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Kerala to Set Up Coconut Park for Value Addition and Exports
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Kerala will set up a Coconut Park with the Coconut Development Board, focused on processing, value addition and exports rather than on cultivation alone.
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Chief Minister V. D. Satheesan announced it while launching the national World Coconut Day celebrations on 2 September 2026.
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The park is to support modern processing, premium export-grade products, new product development, branding and marketing.
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Environment
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MM Hills Sanctuary Accounts for Nearly Half of Karnataka Poaching Cases in 16 Years
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Forest Department data show that Male Mahadeshwara Hills Wildlife Sanctuary in Karnataka accounted for nearly half of the poaching and illegal-arms cases registered in the last 16 years.
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The sanctuary lies in Chamarajanagar district at the meeting point of the Western and Eastern Ghats and was notified in 2013.
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It is contiguous with the Biligiri Rangaswamy Temple Tiger Reserve, the Sathyamangalam Tiger Reserve and the Cauvery Wildlife Sanctuary, forming a large connected tiger landscape.
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Environment
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New Deep-Sea Skate Dipturus Dhritiae Described From Southeastern Arabian Sea
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Scientists of the Zoological Survey of India, working with ICAR-Central Marine Fisheries Research Institute and international collaborators, have described a new deep-sea skate from the southeastern Arabian Sea.
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Named Dipturus dhritiae and given the common name Arabian skate, it was collected off the Kerala coast and in the Wadge Bank region at depths of roughly 400-600 metres.
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The species grows to about 1.3 metres and is distinguished by five rows of thorn-like structures running along its tail.
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Polity & Governance
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Seven Years of the Motor Vehicles (Amendment) Act 2019 as Road Deaths Cross 1.77 Lakh
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Seven years after the Motor Vehicles (Amendment) Act, 2019 came into force on 1 September 2019, its implementation is being reviewed against a road toll that has not fallen.
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The Ministry of Road Transport and Highways report Road Accidents in India 2024 records 4,87,707 accidents, 1,77,175 deaths and 4,71,441 injuries - about 485 deaths a day, or nearly 20 every hour.
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Crashes are getting deadlier: accident severity, measured as deaths per 100 accidents, rose from 21.6 in 2005 to 36.3 in 2024.
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History & Culture
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Kakatiya-Era Gollala Gudi Temple at Palampet Declared Monument of National Importance
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The Ministry of Culture and the Archaeological Survey of India announced on 2 September 2026 that the Gollala Gudi temple at Palampet in Mulugu district, Telangana, is now a monument of national importance.
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The declaration was made through gazette notification S.O. 4802(E) dated 31 August 2026, issued under sub-section (3) of Section 4 of the Ancient Monuments and Archaeological Sites and Remains Act, 1958.
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With this addition, the number of centrally protected monuments in Telangana rises to 10.
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LiDAR Survey Begins at Lakkundi to Map Buried Kalyana-Chalukya Monuments
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A six-month LiDAR and geospatial mapping project has begun at Lakkundi in Gadag district, Karnataka, to locate monuments still buried beneath the surface.
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It is being carried out under a Memorandum of Understanding between the Karnataka Department of Archaeology, Museums and Heritage and the National Institute of Advanced Studies (NIAS), Bengaluru.
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The survey uses non-invasive methods — LiDAR, GIS mapping, remote sensing and Ground Penetrating Radar — so that the archaeological landscape can be studied without excavation or damage to standing structures.
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Environment
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IBCA and ADB Sign MoU as Bhupender Yadav Opens International Tiger Landscapes Workshop
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Union Minister for Environment, Forest and Climate Change Bhupender Yadav inaugurated a two-day international workshop in New Delhi on 2 September 2026, running to 3 September.
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The theme was 'Tiger Landscapes: Conservation, Bioeconomy and Ecotourism as Pillars for Livelihood and Income Generation'.
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It was jointly organised by the International Big Cat Alliance (IBCA), the Asian Development Bank (ADB) and the National Tiger Conservation Authority under the Ministry of Environment, Forest and Climate Change.
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Economy
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Japan Credit Rating Agency Upgrades India to 'A-' From 'BBB+' With Stable Outlook
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The Japan Credit Rating Agency (JCR) on 2 September 2026 raised India's foreign currency and local currency long-term issuer ratings by one notch, from BBB+ to A-, with a Stable outlook.
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JCR also lifted India's country ceiling by one notch to A — the highest rating that can be assigned to foreign-currency obligations of entities based in the country.
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The agency cited real GDP growth of 7.7 per cent in FY2026, driven by private consumption and public investment, and a banking-sector non-performing loan ratio below 2 per cent.
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International
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Hong Kong Activist Joshua Wong Pleads Guilty to Foreign Collusion in Second Security Case
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Joshua Wong, 29, pleaded guilty at Hong Kong's High Court on 2 September 2026 to conspiracy to collude with foreign forces under the Beijing-imposed national security law.
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The prosecution alleged he conspired in 2020 with self-exiled activist Nathan Law and others to ask foreign governments to impose sanctions and blockades on the Hong Kong and mainland Chinese governments.
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It is his second conviction under the national security law; he is already serving four years and eight months in the 'Hong Kong 47' unofficial-primary case, in which he was sentenced on 19 November 2024.
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Important Days
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World Coconut Day 2026 Observed on 2 September With Food and Energy Security Theme
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World Coconut Day was observed on 2 September 2026, a Wednesday, across coconut-growing countries of the Asia-Pacific.
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The 2026 theme is 'Coconuts in Times of Uncertainty: Securing Food, Energy, and Livelihoods'.
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The date marks the founding day of the Asian and Pacific Coconut Community, set up in 1969 and now called the International Coconut Community, with its secretariat in Jakarta, Indonesia.
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Appointments
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Retired Air Marshal Jeetendra Mishra Named First CEO of Ram Temple Trust
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Retired Air Marshal Jeetendra Mishra was named the first-ever Chief Executive Officer of the Shri Ram Janmabhoomi Teerth Kshetra Trust, Ayodhya, on 2 September 2026.
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The trust received about 5,200 applications for the post and shortlisted 18 candidates for interviews held from August 2026.
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The CEO's post was created as the trust moved to professionalise its administration and donation management.
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Summits & Conferences
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BRICS IP Offices Adopt Updated Operational Guidelines at 18th Meeting in New Delhi
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The 18th Meeting of the Heads of Intellectual Property Offices of BRICS countries (IP BRICS) was held in New Delhi from 1 to 3 September 2026, hosted by the Office of the Controller General of Patents, Designs and Trade Marks (O/o CGPDTM) under DPIIT, Ministry of Commerce and Industry.
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The meeting adopted Updated Operational Guidelines for IP BRICS cooperation and noted progress under the Study on Reinforced Patent Examination Cooperation, meant to streamline examination, cut patent backlogs and improve the exchange of search results between member offices.
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About 35 delegates took part, with Russia, Iran and Ethiopia joining online; deliberations were aligned with the theme of India's 2026 BRICS Chairship, 'Building for Resilience, Innovation, Cooperation and Sustainability'.
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Banking & Finance
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GIFT IFSC banking units mobilise $52.8 billion under RBI's FCNR(B) swap facility
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IFSCA reported that as on 31 August 2026, 20 IFSC Banking Units (IBUs) at GIFT City had sanctioned USD 54.02 billion under the Reserve Bank of India's special swap facility for FCNR(B) deposits, of which approximately USD 52.82 billion had been disbursed.
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The scale-up was steep in August alone: aggregate sanctions rose from USD 28.60 billion on 14 August to USD 37.26 billion on 21 August and USD 54.02 billion by 31 August 2026.
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Beyond the swap facility, IBUs at GIFT IFSC disbursed USD 11.62 billion of External Commercial Borrowings between April and August 2026, with monthly disbursements rising from USD 1.54 billion in April to USD 3.54 billion in August.
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Economy
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First meeting of High-Level Committee on Aircraft Leasing and Financing held
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The first meeting of the High-Level Committee (HLC) on Aircraft Leasing and Financing was held on 2 September 2026 under the chairmanship of Union Civil Aviation Minister Shri Ram Mohan Naidu, with officials of the Ministry of Civil Aviation, Ministry of Finance, Department of Commerce, DGCA, RBI, IFSCA and industry associations.
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The Committee was set up on an industry suggestion made at the second Aircraft Leasing Summit; it took up taxation, regulatory frameworks, availability of finance and ease of doing business, including rupee-denominated aircraft financing, clarity on the applicability of GAAR, and possible renegotiation of the Double Taxation Avoidance Agreement framework with Ireland.
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Per the release, 422 assets - including 250 aircraft and 87 engines - have been leased through the IFSC and 474 leasing agreements signed; more than 85% of the fleet of Indian carriers is leased, and India is operationalising an airport every 45 days.
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Summits & Conferences
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PM chairs first National Departmental Summit on Water, launching Centre-State summit series
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Prime Minister Narendra Modi chaired the valedictory session of the two-day National Departmental Summit on Water on 2 September 2026, organised by the Ministry of Jal Shakti with Ministers and senior officials of States and Union Territories.
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The Summit is the FIRST in a new series of Centre-State Departmental Summits, intended to strengthen the 'Team India' spirit, deepen cooperative federalism and build collective ownership of national priorities.
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PM's directions included robust water data governance using AI on a uniform format, de-silting as a regular programme with clear criteria and SOPs, pre-monsoon dam-safety preparedness taught in school curricula, 'Jal Utsav' for Jan Bhagidari, Chintan Shivirs for Urban Local Bodies and structured inter-State study visits for officials, public representatives and farmers.
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Science & Tech
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CSIR-CRRI demonstrates 60% reclaimed asphalt in the DBM layer on NH-716
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CSIR-Central Road Research Institute (CSIR-CRRI), Oriental Structural Engineers Private Limited (OSEPL) and Ooms Polymer Modified Bitumen Pvt. Ltd. demonstrated the use of 60 per cent Reclaimed Asphalt Pavement (RAP) in the Dense Bituminous Macadam (DBM) layer on National Highway-716, Chennai-Tirupati Package-I.
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The demonstration covered the full recycling chain under live highway conditions — RAP recovery and processing, material characterisation, rejuvenation, mix design, hot-mix plant production, laying and field compaction — and was attended by NHAI and Government of Tamil Nadu officials.
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It featured REJUBIT, an indigenous RAP rejuvenator jointly developed by CSIR-CRRI and Ooms India that restores properties of the aged bitumen in reclaimed asphalt, allowing a higher share of old pavement material in new mixes.
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PM-AJAY: 892 Andhra Pradesh villages declared Adarsh Grams, 1.19 lakh beneficiaries under Grants-in-Aid
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The Ministry of Social Justice and Empowerment reported progress under the Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM-AJAY) in Andhra Pradesh, where 1,159 villages have been selected under the Adarsh Gram component since 2018-19 and 892 have been declared Adarsh Grams by the State Government.
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Tirupati has the most selected villages at 221, followed by Prakasam (111), Chittoor (101), Eluru (99) and Krishna (88); all 88 in Krishna, and all selected villages in Sri Sathya Sai and Vizianagaram, have achieved Adarsh Gram status.
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267 selected villages are still progressing towards the status, with gap-filling infrastructure works under way to reach the prescribed score of 70 out of 100 across socio-economic development indicators.
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Japan Credit Rating Agency upgrades India to 'A-' with stable outlook; country ceiling raised to 'A'
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Japan Credit Rating Agency (JCR) has upgraded India's Long-Term Foreign Currency and Local Currency Issuer Ratings by one notch, from 'BBB+' to 'A-', while retaining a Stable Outlook.
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JCR has simultaneously raised India's country ceiling by one notch, to 'A'.
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The agency cited sustained high growth, the effectiveness of economic policies, better quality of fiscal spending with a capital expenditure tilt, a sounder financial system and a resilient external position.
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UGC notifies 33 new allied and healthcare degrees under the NCAHP Act framework
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The University Grants Commission has notified 33 new and 21 restructured or updated allied and healthcare undergraduate and postgraduate degrees, bringing them within the regulatory purview of the National Commission for Allied and Healthcare Professions (NCAHP).
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The instrument is the 5th Amendment to the Specification of Degrees issued under Section 22(3) of the UGC Act, 1956 — Notification No. F.21-12/2026(CPP-II), UIN 3/2026, dated 27 August 2026 and gazetted on 31 August 2026.
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The notification fixes degree nomenclature, abbreviation, duration and entry qualifications, and creates specialisation-specific masters degrees: nine specialisations in Master of Occupational Therapy, eight in Master of Physiotherapy, four in Master of Medical Laboratory Sciences, three in Master of Medical Radiology and Imaging Technology and two in Master of Respiratory Technology.
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16th Aero India Announced for Bengaluru, 8-12 February 2027
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The Ministry of Defence has announced that the 16th edition of Aero India will be held at Yelahanka Air Force Station, Bengaluru, from 8 to 12 February 2027.
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The Department of Defence Production, under the Ministry of Defence, is the organiser; online registration and exhibition-space booking open on 3 September 2026 through the Aero India portal.
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The show will use nine hangars, labelled A to I, with Hangars A and B reserved for the Indian Air Force and the Defence Research and Development Organisation.
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DAY-NRLM review: 93 lakh SHGs, Rs 13.67 lakh crore bank credit, push to Financial Inclusion 2.0
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The Ministry of Rural Development announced a High-Level Meeting with Banks and State Rural Livelihoods Missions (SRLMs) on SHG-Bank Linkages and Individual Enterprise Financing, held on 3 September 2026 at Mumbai and chaired by the Union Minister for Agriculture & Farmers' Welfare and Rural Development.
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The release puts DAY-NRLM's cumulative coverage at over 10 crore rural women in more than 93 lakh Self Help Groups, with cumulative bank credit disbursement of over Rs 13.67 lakh crore to SHGs and 3.46 crore women recorded as Lakhpati Didis.
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Agenda items include doubling the individual enterprise credit portfolio, raising the average quantum disbursed per SHG, cutting loan turnaround time, saturating credit linkage in difficult regions, and strengthening the cooperative credit route through District Central Cooperative Banks (DCCBs) and Primary Agricultural Credit Societies (PACS).
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Science & Tech
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RRI study erases memory in jammed microgel systems using temperature shocks
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Researchers at the Raman Research Institute (RRI), Bengaluru — an autonomous institute of the Department of Science and Technology — have shown that sudden temperature shocks can briefly make a jammed, glass-like system flow, wiping out the memory imprints stored in it.
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Working with suspensions of microgel particles, the team found that the path the suspension took to reach 20 degrees Celsius on heating was not the mirror image of the path on cooling; raising the temperature ramp rate sharply pushed the jammed system into a temporary liquid state, erasing that path memory and reducing the asymmetry.
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The finding matters for targeted drug delivery: the microgels used are loaded with a drug while swollen at low temperature and collapse above about 34 degrees Celsius, squeezing the medicine out at the target site, so controlling their structural recovery makes the release more predictable.
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Awards & Honours
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Tenzing Norgay National Adventure Awards 2024 announced; four awardees named
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The Ministry of Youth Affairs and Sports announced the Tenzing Norgay National Adventure Awards (TNNAA) for 2024 in four categories — Land Adventure, Water Adventure, Air Adventure and Lifetime Achievement.
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Four awardees were approved: Baljeet Kaur and Skalzang Rigzin (Land Adventure), Rimo Saha (Water Adventure) and Shiv Prasad Chamoli (Lifetime Achievement); the selections followed the recommendations of the National Selection Committee.
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The awards will be conferred by the President of India at Rashtrapati Bhavan along with the National Sports Awards 2025, on a date to be announced separately; each awardee receives a statuette, a certificate and award money of Rs 15 lakh.
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Polity & Governance
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CCPA fines B2B platform Rs 10 lakh for online listing of ammonium nitrate
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The Central Consumer Protection Authority (CCPA) imposed a penalty of Rs 10 lakh on Dial4Trade Technologies Private Limited for facilitating the online listing, hosting, advertising and sale of ammonium nitrate without the regulatory safeguards the law requires.
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The order was passed under Sections 10, 20 and 21 of the Consumer Protection Act, 2019 by the CCPA headed by Chief Commissioner Nidhi Khare with Commissioner Anupam Mishra, and directs the platform to stop listing ammonium nitrate or any substance classified as an explosive under the Explosives Act, 1884.
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CCPA held that a product listing on a digital marketplace is an 'advertisement' under Section 2(1) of the Act, and that presenting a regulated explosive as an ordinary consumer product amounts to a misleading advertisement and unfair trade practice under Sections 2(28) and 2(47).
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Defence
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INS Sudarshini reaches Barcelona on Lokayan 26, the Navy's ten-month transoceanic sail expedition
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INS Sudarshini, the Indian Navy's sail training ship, arrived in Barcelona, Spain on 1 September 2026 as part of her ongoing transoceanic expedition Lokayan 26.
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During the port call the ship will conduct professional and cultural engagements with the Spanish Navy and other maritime stakeholders, with sea trainees taking part in seamanship exchanges.
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INS Sudarshini was opened to visitors on 4 September 2026, presented as an opportunity to experience India's maritime traditions and its naval training tradition.
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Economy
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EPF Scheme 2026 opens six-month amnesty to regularise exempt status of provident fund trusts
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The Employees' Provident Fund (EPF) Scheme 2026, notified on 29 June 2026, introduces Amnesty provisions as a transitional measure — a one-time opportunity for provident fund trusts to regularise their exemption status.
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The window targets PF trusts recognised under the Income Tax Act, 1961 that do not hold a formal exemption order under section 17 of the EPF & Miscellaneous Provisions Act, 1952 or section 143 of the Code on Social Security, 2020.
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The amnesty runs for six months from notification, up to 28 December 2026; operational guidelines were issued in an EPFO circular dated 11 July 2026.
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Environment
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IBCA and ADB sign MoU on nature-positive financing at New Delhi tiger landscapes workshop
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The International Big Cat Alliance (IBCA) and the Asian Development Bank (ADB) signed a Memorandum of Understanding covering landscape conservation, sustainable development, capacity building, knowledge exchange and nature-positive financing initiatives.
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The MoU was signed at a two-day International Workshop on 'Tiger Landscapes: Conservation, Bioeconomy and Ecotourism as Pillars for Livelihood and Income Generation', held in New Delhi on 2-3 September 2026 and jointly organised by IBCA, ADB and the National Tiger Conservation Authority under the Ministry of Environment, Forest and Climate Change.
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Union Environment Minister Bhupender Yadav inaugurated the workshop, arguing for a shift from species-centric conservation to integrated landscape management that treats tiger landscapes as natural capital delivering water security, carbon sequestration, climate regulation and livelihoods.
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International
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India–Afghanistan Joint Working Group on Trade meets virtually, agrees follow-up on customs and connectivity
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The India–Afghanistan Joint Working Group (JWG) on Trade, Commerce and Investment held its meeting virtually on 1 September 2026, with officials from commerce, industry, customs, regulatory authorities and the diplomatic missions of both sides.
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Discussions covered trade facilitation and customs cooperation, visa facilitation for Afghan traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, investment and trade promotion, tariff concessions, and cargo connectivity and port-related issues.
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Both sides agreed to pursue follow-up actions on customs and data-sharing cooperation, regulatory cooperation in pharmaceuticals and agriculture, improved trade connectivity, and business-to-business engagement.
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Economy
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MoSPI explains Q1 FY27 GDP: double deflation, a negative manufacturing deflator and the 2022-23 base year
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The Ministry of Statistics & Programme Implementation issued a detailed question-and-answer note, alongside a PIB Backgrounder, explaining the Q1 2026-27 GDP estimates released on 31 August 2026 under the updated series with 2022-23 as the base year.
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Two methodological changes drive the numbers: the base year revision, and the adoption of double deflation for manufacturing, under which output and intermediate consumption are deflated separately to obtain GVA at constant prices.
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Because manufacturing input prices rose faster than output prices in Q1 FY27, nominal GVA grew 7.7% against real GVA growth of 9.2%, producing an implicit GVA deflator of −1.5% — which does not mean manufacturing prices fell.
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Districts as Export Hubs: DGFT-anchored convergence framework now spans over 770 districts
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A PIB Backgrounder sets out how the Districts as Export Hubs (DEH) initiative treats each district as a unit of export planning rather than only of production, building on the One District One Product concept.
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DEH is run by the Directorate General of Foreign Trade under the Department of Commerce, and covered more than 770 districts as on January 2026; draft District Export Action Plans existed for 590 districts as of March 2026, of which 249 had been formally adopted.
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It carries no separate outlay of its own — it is a convergence framework that routes existing central and state scheme funding towards district-level export bottlenecks.
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