02 September 2026 | English | FREE Current Affairs PDF

02 September 2026 Current Affairs PDF | English is now available for download. This daily current affairs English PDF is specially prepared for Banking, SSC, and TNPSC examinations, covering all exam-relevant national, international, economy, and banking updates in a clear and structured format. 02 September 2026 Current Affairs PDF includes important one-liners, key highlights, and concise explanations aligned with the latest exam patterns for both Prelims and Mains preparation.
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News in One Liner – 02 September 2026
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India’s Real GDP Grows 7.8% in Q1 FY27
MoSPI’s Quarterly Estimates showed India’s real GDP grew 7.8% year-on-year in Q1 (April-June) of FY 2026-27, reaching Rs 81.36 lakh crore at constant prices. Nominal GDP expanded 10.3% to Rs 88.27 lakh crore, while real Gross Value Added rose 8.2% to Rs 73.82 lakh crore. Strong industrial indicators, including a 27% jump in electrical equipment manufacturing, underpinned the growth.
Navy Commissions Second Nistar-Class Vessel INS Nipun
The Indian Navy commissioned INS Nipun, the second Nistar Class Diving Support Vessel, at Naval Dockyard Mumbai on 31 August 2026. Built indigenously by Hindustan Shipyard Limited in Visakhapatnam, the vessel supports saturation, air and heliox diving along with submarine rescue and underwater recovery missions, and will operate under the Western Naval Command.
UPI Goes Live in Uzbekistan via UZQR Partnership
NPCI International Payments Limited partnered with Uzbekistan’s National Interbank Processing Centre to enable UPI merchant payments across Uzbekistan through the UZQR code, letting Indian travellers and students pay directly from Indian bank accounts. The deal, cleared by the RBI and the Central Bank of Uzbekistan, was announced during the Prime Minister’s visit and takes UPI’s international footprint to ten countries.
MoSPI Releases National Accounts Statistics 2026
The Ministry of Statistics and Programme Implementation released the National Accounts Statistics 2026 report, containing 60 statistical statements built on updated Final Estimates for FY 2022-23 and FY 2023-24 and First Revised Estimates for FY 2024-25. The publication uses the revised 2022-23 base year series for the PPI, IIP and Banking Services Price Index, covering GDP, national income, per-capita income and savings/capital-formation data.
C-DOT Unveils 14 Indigenous Quantum Security Products
The Centre for Development of Telematics launched 14 indigenous products spanning Quantum Key Distribution and Post-Quantum Cryptography to shield India’s communication networks from future quantum-computing threats. The line-up includes the Q-AKSHAY QKD systems, the Q-AMOGH optical encryptor offering up to 200 Gbps throughput, and the quantum-safe Q-DARSHAN video IP phone, alongside a new Quantum Product Series booklet.
PM Modi Receives Uzbekistan’s Highest Civilian Honour
Prime Minister Narendra Modi was conferred the Oliy Darajali Do’stlik Order, Uzbekistan’s highest civilian honour, by President Shavkat Mirziyoyev during his visit to Samarkand. The award recognised the Prime Minister’s role in strengthening India-Uzbekistan strategic ties, trade and historical friendship, and Modi dedicated the honour to the people of India.
India, Chile Push to Conclude CEPA Talks This Year
Commerce Secretary Rajesh Agrawal met Chile’s Vice-Minister Paula Estevez Weinstein in Santiago to advance negotiations on the India-Chile Comprehensive Economic Partnership Agreement, targeting a conclusion within the current calendar year. Talks focused on healthcare, pharmaceuticals, critical minerals, energy and agriculture, building on the existing 2006 Preferential Trade Agreement.
Govt Notifies Legal Metrology Indian Standard Time Rules 2026
The Department of Consumer Affairs notified the Legal Metrology (Indian Standard Time) Rules, 2026, making IST the mandatory time reference for banking, telecom, transport, power and legal-record sectors, effective 180 days after Gazette publication. The rules lean on NavIC and Legal Metrology labs to cut reliance on foreign time sources, and a White Rabbit Technology demonstration network was commissioned at Bengaluru’s Regional Reference Standard Laboratory to support the One Nation, One Time push.
PM Modi Greets Nation on National Sports Day, Honours Dhyan Chand
Prime Minister Modi extended greetings on National Sports Day, observed on 29 August every year to mark the birth anniversary of hockey legend Major Dhyan Chand, who led India to three Olympic hockey golds in 1928, 1932 and 1936. The day promotes fitness and sports culture through initiatives like Khelo India; India’s highest sporting honour was renamed the Major Dhyan Chand Khel Ratna Award in 2021.
India, Brazil Target $30 Billion Trade by 2030 at 8th TMM Meet
Commerce Secretary Rajesh Agrawal co-chaired the 8th India-Brazil Trade Monitoring Mechanism meeting in Brasilia, where both sides set a goal to double bilateral trade to $30 billion by 2030 from $15.07 billion in 2025-26. Discussions covered pharmaceuticals, engineering goods, the India-MERCOSUR trade agreement and cooperation across BRICS, G20 and WTO forums.
Industry News
Centre Notifies Semicon 2.0 Scheme Worth Rs 1.27 Lakh Crore
The Ministry of Electronics and IT notified the Semicon 2.0 scheme with a Rs 1.27 lakh crore outlay to strengthen chip design, fabrication, packaging and R&D across six strategic pillars and ten categories. The India Semiconductor Mission will act as the nodal agency, with a three-year application window and project durations of up to six years, building on the earlier Rs 76,000 crore Semicon India Programme.
India’s Fiscal Deficit Reaches 26.8% of FY27 Target by July
Controller General of Accounts data showed India’s fiscal deficit stood at Rs 4.55 lakh crore, or 26.8% of the FY27 Budget Estimate, by the end of July 2026, an improvement from 29.9% a year earlier. Capital expenditure rose to Rs 4.50 lakh crore against a full-year target of Rs 16.96 lakh crore, aimed at bringing the deficit down to 4.3% of GDP.
57th GST Council Meeting Set for 12 September in Delhi
The GST Council will meet for the 57th time in New Delhi on 12 September 2026, preceded by an officers’ meeting on 11 September. The agenda includes reviewing rate-rationalisation outcomes, a possible cut in mobile phone GST from 18%, and resolving Input Tax Credit default disputes, following the revised 5%-18%-40% slab structure set at the 56th meeting.
EPFO Launches Enrolment Campaign 2026 for Uncovered Workers
EPFO launched the Employees’ Enrolment Campaign 2026, giving employers until 31 October 2026 to register workers who missed EPF coverage between April 2009 and March 2026, with a waiver on the employee’s unpaid contribution share. Eligible workers earn up to Rs 15,000 basic-plus-DA monthly, and registration must be completed digitally via the UMANG app.
FM Sitharaman: India to Sustain 7% Growth in FY27
Finance Minister Nirmala Sitharaman said India is on track to sustain around 7% GDP growth in FY 2026-27, in line with the Economic Survey’s 6.8-7.2% range and the RBI’s 6.7% estimate. She noted momentum from Q1 continued into July, and highlighted efforts on Bilateral Investment Treaties and CEPAs to boost FDI inflows, extending India’s run of over 7% growth to a sixth straight year.
Financial News
Non-Food Bank Credit Grows 19.1% in July 2026
RBI data showed non-food bank credit grew 19.1% year-on-year in July 2026, up sharply from 9.9% a year earlier, based on 41 banks covering 95% of non-food credit. Credit to industry accelerated to 20.0%, services grew 22.9%, and personal loans rose 16.2%, though credit-card and gold-loan growth slowed.
1-Year Median MCLR Rises to 8.70% in August 2026
RBI’s monthly data showed the 1-year median MCLR of scheduled commercial banks rose to 8.70% in August 2026 from 8.60% in July, while the weighted average rate on fresh term deposits eased to 5.90% in July from 5.99% in June. The rate on outstanding term deposits stayed flat at 6.58%.
RBI’s BRBNMPL Gets Bids for Plastic Currency Note Substrate
Bharatiya Reserve Bank Note Mudran Private Limited, RBI’s currency-printing subsidiary, received bids from Cosmo First, Australia’s CCL Secure and Vietnam’s Q&T Hi-tech Polymer for polymer substrate sheets to pilot plastic Rs 10 and Rs 20 notes. BRBNMPL needs about 68,000 reams for climate testing, and bidders must certify zero animal-tallow content and no China/Pakistan links.
FPIs Pump Rs 30,919 Crore into Indian Equities in August
Foreign Portfolio Investors invested Rs 30,919 crore in Indian equities in August 2026, marking a second straight month of net buying, per NSDL data, with Rs 18,791 crore via the secondary market and Rs 12,128 crore through primary issues. In debt, FPIs added funds via the VRR and FAR routes while trimming exposure under the General Limit route.
NPCI Rolls Out UPI AutoPay Interoperability Across Apps
NPCI introduced interoperability for UPI AutoPay, letting users port recurring mandates such as SIPs, insurance premiums, OTT subscriptions and EMIs between UPI apps via PIN authentication, once every 90 days, without cancelling and re-registering. The move comes as UPI e-mandate transactions among top banks hit 1.8 billion in July 2026, with overall UPI volume touching a record 23.66 billion transactions worth Rs 29.88 lakh crore.
National & State News
Delhi’s Draft Electoral Roll Excludes 47.7 Lakh Electors
Delhi’s Chief Electoral Officer published the draft roll under the Special Intensive Revision, retaining about 97.5 lakh of 1.45 crore registered voters and excluding 47.7 lakh electors under the Absent-Shifted-Dead-Duplicate-Others category. Excluded voters can file Form 6 claims between 31 August and 30 September 2026, with the final roll due on 4 November 2026.
SC Seeks Centre’s Stand on Banning Retail Acid Sales
The Supreme Court asked the Union Government to clarify whether retail acid sales should be completely banned, citing continued easy over-the-counter availability despite its 2013 guidelines. It also ordered the Centre and states to frame a comprehensive rehabilitation scheme for acid attack victims, covering medical care, compensation and free education, within six weeks.
World News
Modi, Putin Hold Bilateral Talks on SCO Summit Sidelines
PM Modi met Russian President Vladimir Putin on the sidelines of the SCO Summit in Bishkek, calling for a shift from endless wars to ending wars on the Ukraine conflict. The two leaders reviewed India-Russia’s Special and Privileged Strategic Partnership, and Putin confirmed he will attend the 18th BRICS Summit in New Delhi on 12-13 September 2026.
India, Uzbekistan Elevate Ties to Comprehensive Strategic Partnership
India and Uzbekistan upgraded relations to a Comprehensive Strategic Partnership during talks in Tashkent, setting a $5 billion bilateral trade target by 2030 and signing 11 agreements spanning critical minerals, education and defence co-production. The countries also agreed on a long-term uranium supply arrangement for India’s nuclear programme, and President Mirziyoyev conferred Uzbekistan’s highest civilian honour on PM Modi.
Defence News
TASL to Co-Produce Javelin Anti-Tank Missiles in India
Tata Advanced Systems Limited signed an MoU with the US Javelin Joint Venture, Raytheon and Lockheed Martin, to set up final assembly and component manufacturing for Javelin anti-tank missiles in India. Sub-assemblies from Lockheed’s Alabama plant and guidance units from Raytheon’s Arizona facility will be integrated in India, building on a $45.7 million Foreign Military Sales deal for about 100 Javelin units.
Sports News
Ankur Bhattacharjee Wins Maiden WTT Singles Title in Czechia
Indian paddler Ankur Bhattacharjee won his first WTT men’s singles title at WTT Feeder Olomouc 2026, beating Slovenia’s Deni Kozul 3-1 in the final. He also claimed men’s doubles gold partnering Akash Pal, defeating a Hungarian-Polish pair 3-1 to complete a double-title campaign in Czechia.
Important Days
UN Marks International Day Against Nuclear Tests on 29 August
The United Nations observed the International Day Against Nuclear Tests on 29 August, an initiative proposed by Kazakhstan to mark the 1991 closure of the Semipalatinsk Nuclear Test Site. Established through UN Resolution 64/35 in 2009, the day urges universal ratification of the Comprehensive Nuclear-Test-Ban Treaty to end nuclear testing worldwide.
Awards & Honors
Lallianzuala Chhangte Named Indian Footballer of the Year 2026
Mohun Bagan winger Lallianzuala Chhangte was named Indian Footballer of the Year 2026 by the Football Players Association of India, receiving the peer-voted award from Bhaichung Bhutia. The 29-year-old, who moved to Mohun Bagan Super Giant from Mumbai City FC, had previously won the same award for the 2023-24 season.
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