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Current Affairs 5 September 2026
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NATIONAL AFFAIRS
BTTF and Premiere Vision SA Signed MoU To Strengthen India-France Fashion Collaboration
In September 2026, the Bharat Tex Trade Federation (BTTF) and Premiere Vision SA signed a Memorandum of Understanding (MoU) at the Premiere Vision exhibition in Paris, France to strengthen India’s engagement with the global fashion and textile ecosystem.
- The MoU was signed by Dr A. Sakthivel, core committee member of BTTF & chairman of Apparel Export Promotion Council (AEPC) and Florence Rousson, Chief Executive Officer (CEO), Fashion Division, Premiere Vision SA.
About the MoU
Objective: A core objective of the MoU is to help Indian enterprises move beyond volume-driven exports towards high-value, design-led and premium segments.
- It will provide Indian textile manufacturers, exporters, designers and artisans access to international buyers, fashion houses and premium sourcing networks.
Areas of Collaboration: Under the MoU, which will be overseen by a Joint Steering Committee, both the organisations will collaborate on:
- Delegations and knowledge sessions
- Export promotion and market linkages
- Sustainability initiatives to promote circularity, traceability and responsible production
- Heritage and craftsmanship
Government Constitutes 31-Member JPC under Sanjay Jaiswal to Examine FCRA Amendment Bill, 2026
In September 2026, Lok Sabha Speaker Om Birla constituted a 31-member Joint Parliamentary Committee (JPC) to examine the Foreign Contribution (Regulation) Amendment (FCRA) Bill, 2026, with Senior Bharatiya Janata Party (BJP) leader and Lok Sabha Member of Parliament (MP) Sanjay Jaiswal appointed as its Chairperson.
- The JPC comprises 21 members from the Lok Sabha and 10 members from the Rajya Sabha.
About Joint Parliamentary Committee (JPC):
Overview: A JPC is a temporary committee constituted by Parliament to conduct detailed examination and scrutiny of specific Bills, issues, or matters of national importance.
Significance: The JPC will conduct detailed scrutiny of the proposed FCRA amendments, balancing foreign funding regulation and transparency, the functioning of NGOs and social organisations and concerns related to national security and financial accountability.
Timeline: The committee will scrutinise the Bill’s provisions and submit its report to the Lok Sabha by the last day of the first week of the Winter Session of Parliament (November–December 2026).
Composition:
- Lok Sabha Members: Prominent members on the committee include Bhartruhari Mahtab, Tejasvi Surya, Nishikant Dubey, A. Raja, and Supriya Sule, among others.
- Rajya Sabha Members: The committee includes Harsh Vardhan Shringla, Sanjay Kumar Jha, Praful Patel, and Menaka Guruswamy, among others.
Bharat Forge Arm KSSL, Thales Sign Pact to Produce 70-mm Rocket Systems in India
In September 2026, Kalyani Strategic Systems Limited (KSSL), a wholly-owned defence subsidiary of Bharat Forge Limited (BFL), signed a Strategic Alliance Agreement (SAA) with France-based global defence major Thales Group, to collaborate for the production of an advanced industrial capability for unguided and laser-guided variants of Thales’ combat-proven 70 millimetre (mm) rocket systems in India.
- The agreement was signed during the Belgian Prime Minister (PM) Bart De Wever, state visit to India from September 02, 2026 to September 04, 2026.
Key Details of Collaboration:
Integration: The newly formed strategic partnership will combine Thale’s combat-proven 70-mm rocket expertise with KSSL’s local manufacturing and testing capabilities, to support production and integration of components from Thales to ensure global quality standards are met.
Expected Deadline: As per the agreement, the 1st fully assembled rocket system manufactured in India is expected in early 2027.
About 70 mm Rocket Systems: These rocket systems can be used to counter-drone missions, offering scalable capabilities against evolving aerial threats.
- At present, Thale’s 70 mm solutions are used by 70 armed forces across 55 countries.
- These systems are designed to support multi-role missions and multi-platform integration such as: rotary-wing platforms that include the Advanced Light Helicopter (ALH-WSI) and Light Combat Helicopter (LCH), across air, land and maritime domains.
Indian Deployment: Thales’ 70-mm rocket systems are already in use by the Indian Armed Forces(IAF).
MoD Rajnath Singh Releases ‘RAKSHA’ Defence Diplomacy Framework for 10-Year Global Strategy
In September 2026, Union Minister, Rajnath Singh, Ministry of Defence (MoD) released the ‘RAKSHA’ document on Defence Diplomacy outlining India’s vision for strengthening defence ties over the next 10 years in New Delhi, Delhi.
- The dignitaries present are Dhiraj Seth, Chief of the Army Staff (COAS) of Indian Army (IA) and Rajesh Kumar Singh, Defence Secretary and others.
Highlight of the ‘RAKSHA’ Defence Framework:
Background: Defence diplomacy drives cooperation and exports, while Make in India (launched in September 2014) promotes domestic manufacturing and reduces import dependence.
Objective: It enhances bilateral and multilateral defence relations, positions India as a reliable global security partner, and promotes mutual growth through defence collaboration and technology sharing.
Core Pillars: Focuses on Strategic Partnerships, Capacity Building, Indigenous Exports, and Maritime Security, including strengthening India’s role in the Indian Ocean Region (IOR) as a Net Security Provider and First Responder.
Significance: Shifts to proactive defence diplomacy, aligns with foreign policy, and boosts India’s global security role.
Union MoS Jitendra Singh Launches ‘BIO-NIVESH’ to Boost Private Investment in Biotechnology
In September 2026, Union Minister of State (MoS) (Independent Charge, IC) Dr. Jitendra Singh, Ministry of Science and Technology (MoS&T), launched BIO-NIVESH, a strategic platform that aimed to connect biotechnology startups with investors and raise the flow of private capital for innovations that are ready for scale-up and commercialisation.
- It was launched during the joint roundtable with biotechnology startups and investors, presided by Union MoS Dr. Jitendra Singh, in New Delhi, Delhi.
About BIO-NIVESH:
Approach: The platform connects science, capital, industry and markets, fostering collaboration among innovators, investors, industry and government.
Inaugural Edition: The first BIO-NIVESH edition brought together 20 high-potential biotechnology/deep-tech startups and around 50 investors. The startups were selected based on innovation, development stage, market potential, scalability and regulatory readiness.
Two-Way Engagement: Unlike a conventional pitching event, BIO-NIVESH is designed as a two-way engagement mechanism, helping startups understand investors’ expectations while giving investors deeper insight into biotechnology’s scientific, regulatory and development pathways.
GeM and Textiles Committee Sign MoU to Boost Procurement of Recycled and Upcycled Textile Products
In September 2026, the Government e-Marketplace (GeM) under the Ministry of Commerce and Industry (MoCI) and the Textiles Committee (TC) under the Ministry of Textiles(MoT), signed a Memorandum of Understanding (MoU) to promote recycled and upcycled textile products through government procurement and circular textile economy.
- The MoU was signed by Ajit B. Chavan, Additional Chief Executive Officer (CEO) of GeM and Kartikay Dhanda, Secretary, TC, during the 62nd Foundation Day celebrations of the Textiles Committee in Mumbai, Maharashtra.
Key Details of MoU:
Aim: The partnership aims to establish a “Waste-to-Value-to-Market” ecosystem by converting textile waste, scrap, and second-hand clothes into quality, value-added products and making them available to government buyers through the GeM platform.
Roles: The TC will identify and certify producers while providing capacity building, research support and standardisation, whereas GeM will facilitate category creation, producer onboarding, market linkages, and training support.
Implementation: The partnership will use a ‘hub-and-spoke model’ to support women, MSMEs, artisans, recyclers and local enterprises through outreach, capacity building and government procurement, aligned with Vocal for Local, Make in India and AatmaNirbhar Bharat.
About TC: Established in 1963 under the TC Act, 1963, the TC is headquartered in Mumbai, Maharashtra.
NIELIT & Intel India Launch Agentic AI Skilling Initiative; Hold National Dialogue in New Delhi
In September 2026, the National Institute of Electronics and Information Technology (NIELIT) under the Ministry of Electronics and Information Technology (MeitY), in collaboration with Intel India, organised a National Leadership Dialogue at India Habitat Centre, New Delhi, Delhi, and launched Agentic AI Skilling Programmes to build a future-ready workforce.
- The event was attended by Shashi Shekhar Vempati (Central Board of Film Certification( CBFC), Madan Mohan Tripathi (NIELIT), Sudeep Shrivastava (IndiaAI Mission & MeitY), and Anshul Sonak (Intel India), along with representatives from Government, academia, and industry.
Highlights of the Initiative:
Transformation: The Dialogue highlighted the impact of Artificial Intelligence (AI) on jobs and education, focusing on the transition towards Agentic AI systems capable of reasoning, planning, and execution.
Programs: The initiative introduced Agentic AI for Everyone (AI agents and automation via no-code platforms) and Engineering Agentic AI Systems (designing and deploying AI systems using low-code and code-based frameworks).
Focus: The initiative focuses on industry-aligned learning and Government–academia–industry collaboration to build a future-ready AI workforce.
About NIELIT: Formerly known as DOEACC Society, NIELIT is an autonomous scientific society under MeitY, engaged in capacity building and skill development in Information, Electronics and Communications Technology (IECT). It is headed by Director General(DG) Dr. Madan Mohan Tripathi.
INTERNATIONAL AFFAIRS
Overview of 26th SCO Summit held in Bishkek,Kyrgyzstan, from August 31 to September 1, 2026
The 26th meeting of the Council of Heads of State (CHS)of the Shanghai Cooperation Organisation (SCO) Summit as well as ‘SCO Plus meeting’, was held from August 31, 2026 to September 1, 2026 at the Yrys-Ordo Congress Hall in Bishkek, the capital city of Kyrgyzstan, marking the 25th anniversary of the SCO.
- The two-day long summit, chaired by Sadyr Japarov, President of Kyrgyzstan, was held under the motto: “25 Years of the SCO; Together for Sustainable Peace, Development and Prosperity”.
- Prime Minister (PM) Narendra Modi represented India at the summit.
Highlights of 26th SCO Summit:
SCO Plus Meeting: On the sidelines of SCO summit, “SCO Plus” meeting was organised under the theme “The UN as a Key Element of a Just World Order: The Contribution of the SCO Plus States to the Formation of a Multipolar World”.
Presidency for 2026-27: At the culmination of 26th SCO summit, the presidency for 2026-27 was handed over to Pakistan, which is set to be held under the chairmanship theme of “Turning Vision into Action: Connectivity, Innovation and Shared Prosperity”.
SCO Tourism Cultural Capital for 2026-27: “Lahore”, the capital city of Pakistan, has been designated as “ SCO Tourism and Cultural Capital” for 2026-27.
Key Outcomes: The summit concluded with the adoption of the Bishkek Declaration and approval of 28 documents, including 4 Memoranda of Understanding (MoUs) and over 20 decisions and statements covering areas such as climate, nuclear safety, energy conservation, drug control, SCO Charter amendments and emergency assistance.
- The Bishkek Declaration, featured several India-led or India-supported initiatives such as: English recognised as an official and working language of the SCO; SCO Young Scientists Forum and SCO Young Authors Conference; approval of regulations for the executive committee of the SCO-Anti Narcotics Centre; and SCO Civilisation Dialogue Forum (scheduled in India later in 2026).
BANKING & FINANCE
Axis Bank and Scapia Launch Travellers Focused ‘Scapia Axis Bank Credit Card’
In September 2026, the Axis Bank Limited, one of the largest private sector banks and Scapia, India’s leading travel Fintech launched the co-branded ‘Scapia Axis Bank Credit Card’, designed for India’s digitally native and travel-focused consumers.
About Scapia Axis Bank Credit Card:
Objective: The card targets young travellers, integrating spending, rewards and travel bookings through the Scapia application(app).
Network: The card is available on both Mastercard and RuPay networks, providing flexibility for domestic and international transactions.
Benefits: The card has zero joining and annual fees, offers zero forex mark-up on international transactions, and includes a Smart Forex feature for overseas spending.
- The card offers unlimited domestic airport lounge access with dining, shopping or spa benefits on spending Rs 20,000 in the preceding month, along with zero forex mark-up, zero joining and annual fees, and a 1% fuel surcharge waiver on eligible fuel purchases.
Rewards: The Mastercard variant offers 10% rewards, while the RuPay variant offers 5% rewards on eligible spends of Rs 500 or more; both provide 20% rewards on eligible Scapia app bookings.
Scapia: It was incorporated in 2022 and is headquartered in Bengaluru, Karnataka. Anil Goteti is its Founder and Chief Executive Officer (CEO).
APPOINTMENTS & RESIGNATIONS
Ülle Madise Elected as President of Estonia for Five-Year Term
In September 2026, Ülle Madise, Chancellor of Justice, was elected President of Estonia through a secret ballot as the sole candidate for a 5-year term.
- She will assume office on 12 October 2026, succeeding Alar Karis, who did not seek a second term, and will become the second woman President of Estonia.
Presidential Election:
Voting: Ülle Madise secured 71 votes in the 101-member Riigikogu, exceeding the required two-thirds majority of 68 votes. A total of 78 members participated, while 7 ballots were left unmarked.
Nomination: Her candidature was proposed by 75 members of the Riigikogu, and she was the only candidate on the ballot.
Retired Air Marshal Jeetendra Mishra Appointed First CEO of Shri Ram Janmabhoomi Teerth Kshetra Trust
In September 2026, Retired Air Marshal Jeetendra Mishra was appointed as the first Chief Executive Officer (CEO) of the Shri Ram Janmabhoomi Teerth Kshetra Trust, which manages the Ram Temple in Ayodhya, Uttar Pradesh (UP).
- The other appointments included Govind Dev Giri, former Treasurer, as General Secretary, succeeding interim General Secretary Krishna Mohan, and Mahesh Bhagchandka as Treasurer.
About the Appointment:
Selection: Jeetendra Mishra was selected from a shortlist of three candidates after scrutiny of 5,585 applications; the other finalists were Major General Sanjay Pratap Singh Bisht and Shruti Bharadwaj.
Military Career: He previously headed the Western Air Command during Operation Sindoor, retired from the Indian Air Force (IAF) in April 2026, and logged over 3,000 flying hours across more than 18 aircraft types.
New Trustees: The Trust inducted Madan Mohan Pandey, Mahesh Bhagchandka and Nirmala Yadav, with Nirmala Yadav becoming the first woman trustee of the Trust.
ACQUISITIONS & MERGERS
ICICI Bank Buys Additional 2% stake in ICICI Prudential Life Insurance for Rs 1,470 Cr
In September 2026, the ICICI Bank Limited acquired an additional 2% stake in its life insurance venture, ICICI Prudential Life Insurance for Rs 1,470 Crore (cr) through stock exchange mechanism.
Key Details of Acquisition:
Shares Acquired: The bank, through multiple tranches, completed the purchase of 2,90,15,693 equity shares of ICICI Life, representing 2% of its equity share capital as on 30 June 2026.
Current Stake: The ICICI bank increased its holding in the insurance company from 50.84% to 52.8%.
Reason: Following its proposed 75% acquisition of Bharti Life Insurance, Prudential must reduce its stake in ICICI Prudential Life Insurance to below 10% to meet regulatory requirements.
ICICI Prudential Life Insurance: Headquartered in Mumbai, Maharashtra, it is a Joint Venture (JV) of ICICI Bank and United Kingdom (UK)-based Prudential Corporation Holdings Limited. It commenced operations in December 2000 and is chaired by Sandeep Batra.
SCIENCE & TECHNOLOGY
ISRO Successfully Launches India’s First Geosynchronous Imaging Satellite EOS-05 Aboard GSLV-F17 from Sriharikota, AP
On 4 September 2026, the Indian Space Research Organisation (ISRO) successfully launched Earth observation satellite “EOS-05”, aboard the Geosynchronous Satellite Launch Vehicle (GSLV)-F17 rocket from the Second Launch Pad at the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh (AP).
- EOS-05 is India’s first-ever imaging satellite from geosynchronous orbit, marking a significant milestone in India’s Earth observation programme and strengthening geosynchronous imaging capabilities.
About EOS-05 Launch Mission:
Launch: The 51.7-metre (m) GSLV F17 placed the 2,367 kg (kilogram) EOS-05 into Sub-Geosynchronous Transfer Orbit (Sub-GTO), with a perigee of 171 kilometer(km), apogee of 31,260 km, and inclination of 19.28 degrees, slightly exceeding targets, and it will be raised to its final geosynchronous orbit at around 36,000 km altitude.
Vehicle: GSLV-F17 is a three-stage rocket with a 420.5-tonne liftoff mass, featuring an S139 solid core, L40H liquid strap-ons, a liquid second stage, and an indigenous cryogenic upper stage, demonstrating India’s advancements in heavy-lift launch technology.
Satellite: EOS-05 is a state-of-the-art Earth observation satellite and India’s first-ever imaging satellite from geosynchronous orbit, capable of continuous large-area monitoring using visible, infrared, multispectral, and hyperspectral imaging.
OBITUARY
Legendary Gujarati Music Composer Gaurang Vyas Passed Away
In September 2026, legendary Gujarati music composer, arranger and singer Gaurang Vyas, recognised for his contribution to film, folk and light music passed away at the age of 87 in Ahmedabad, Gujarat. He was born on November 24, 1938, in Mumbai, Maharashtra
About Gaurang Vyas:
Career: Gaurang Vyas began his film journey as an assistant to his father Avinash Vyas in Jesal Toral and made his independent debut with Lakho Phulani, going on to compose music for over 100 films.
Works: His notable films include Bhavni Bhavai, Maniyaro, Nasibni Balihari, Parki Thapan, Liludi Dharati, and Maiyarman Mandu Nathi Lagtu.
Albums: Beyond films, he released devotional and folk albums including Jalaramni Jhumpdi, Bhajan Anmol, Ganga Satina Bhajano, Kahat Kabir, Jalaram Bapanu Halaradu, Prachin Prabhatiyan, and Non-Stop Dandiya-Raas.
Honours: He received around 11 state-level Best Music Direction awards, a Lifetime Achievement Award (2022) from the Gujarat government, and further honours in 2024 from the Gujarat State Music Academy and Gujarat Tourism.
Two-time Grammy Winner and Jazz Singer Cassandra Wilson Passed Away
In September 2026, two-time Grammy Awardee and Jazz Singer Cassandra Wilson, passed away at the age of 70 in Jackson, Mississippi, United States of America (USA). She was born on 4 December 1955 in Jackson, Mississippi, USA.
About Cassandra Wilson:
Profile: She learned piano at age 6, later took up the clarinet, studied at Millsaps College and Jackson State University, performed in local bands, trained in New Orleans, and went on to join Steve Coleman’s M-Base Collective in New York, USA.
Works: She released her debut album Point of View in 1986 and later explored jazz styles in Jumpworld (1990) and She Who Weeps (1991).
- Her key albums include New Moon Daughter (1996), Loverly (2008), and Coming Forth by Day (2015), and she performed at the Apollo Theater in 2015.
Awards: Cassandra Wilson won two Grammy Awards (1997, 2009), secured four Grammy nominations, was named America’s Best Singer in 2001, and recognised as Jazz Master by National Endowment for the Arts (NEA) in 2022.
Style: She blended jazz with blues, folk, pop, R&B (Rhythm and Blues), and country music through her deep contralto voice, influencing modern artists.
STATE NEWS
OSDMA Signs MoUs with UNDP and CivicDataLab to Strengthen Odisha’s Disaster Management Framework
In September 2026, the Odisha State Disaster Management Authority (OSDMA) signed two strategic Memoranda of Understanding (MoUs) with the United Nations Development Programme (UNDP) and CivicDataLab (CDL) at Bhubaneswar, Odisha to strengthen Odisha’s disaster risk management ecosystem through data, technology, innovation and institutional collaboration.
- The MoUs were signed in the presence of Suresh Pujari, Revenue and Disaster Management Minister of Odisha; Angela Lusigi, India Resident Representative, UNDP; and Gaurav Godhwani, Co-Founder and India Director, CivicDataLab.
Key Details of MoUs:
UNDP: OSDMA and the UNDP will conduct a Hazard, Risk and Vulnerability Assessment (HRVA) across all 30 districts of Odisha, creating a digital evidence base for disaster mitigation, preparedness, and climate-resilient planning.
CivicDataLab: The collaboration will implement the Intelligent Data Solutions for Disaster Risk Reduction (IDS-DRR) platform, will integrate government data, provide real-time analytics, and support the OSDMA and District Disaster Management Authorities (DDMAs) in decision-making.
Coverage & Focus: Data will be collected across all 30 districts to build Geographic Information System(GIS)-enabled risk platforms focusing initially on floods, coastal flooding and heatwaves, supporting faster response and Odisha’s “Zero Casualty” goal.
About UNDP: Established in 1965 and headquartered in New York, United States of America, the UNDP is a development agency of the United Nations (UN).
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Current Affairs Today (AffairsCloud Today)
| Current Affairs 5 September 2026 |
|---|
| BTTF and Premiere Vision SA Signed MoU To Strengthen India-France Fashion Collaboration |
| Government Constitutes 31-Member JPC under Sanjay Jaiswal to Examine FCRA Amendment Bill, 2026 |
| Bharat Forge Arm KSSL, Thales Sign Pact to Produce 70-mm Rocket Systems in India |
| MoD Rajnath Singh Releases ‘RAKSHA’ Defence Diplomacy Framework for 10-Year Global Strategy |
| Union MoS Jitendra Singh Launches ‘BIO-NIVESH’ to Boost Private Investment in Biotechnology |
| GeM and Textiles Committee Sign MoU to Boost Procurement of Recycled and Upcycled Textile Products |
| NIELIT & Intel India Launch Agentic AI Skilling Initiative; Hold National Dialogue in New Delhi |
| Overview of 26th SCO Summit held in Bishkek,Kyrgyzstan, from August 31 to September 1, 2026 |
| Axis Bank and Scapia Launch Travellers Focused ‘Scapia Axis Bank Credit Card’ |
| Ülle Madise Elected as President of Estonia for Five-Year Term |
| Retired Air Marshal Jeetendra Mishra Appointed First CEO of Shri Ram Janmabhoomi Teerth Kshetra Trust |
| ICICI Bank Buys Additional 2% stake in ICICI Prudential Life Insurance for Rs 1,470 Cr |
| ISRO Successfully Launches India’s First Geosynchronous Imaging Satellite EOS-05 Aboard GSLV-F17 from Sriharikota, AP |
| Legendary Gujarati Music Composer Gaurang Vyas Passed Away |
| Two-time Grammy Winner and Jazz Singer Cassandra Wilson Passed Away |
| OSDMA Signs MoUs with UNDP and CivicDataLab to Strengthen Odisha’s Disaster Management Framework |
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