National News
MoSPI Unveils Environmental Economic Accounts Strategy 2026-2030
- MoSPI unveiled the Strategy for Environmental Economic Accounts in India 2026-2030, a five-year roadmap for environmental-economic accounting.
- The strategy aims to measure the economic value of natural assets and ecosystem services alongside traditional indicators such as GDP.
- It focuses on improving account quality, addressing data gaps and strengthening communication with policymakers.
- About 10 priority areas include forests, water, land, soil, minerals, carbon stocks, biodiversity, pollination services, environmental economic activities and environment statistics.
- The framework aligns India’s accounting with the UN System of Environmental-Economic Accounting (SEEA) and the 2025 System of National Accounts.
- Key Fact: India’s environmental accounts support around 40 international indicators across 9 SDGs.
PM Modi Inaugurates 10th India Mobile Congress 2026
- Prime Minister Narendra Modi inaugurated the 10th India Mobile Congress (IMC) 2026 at Yashobhoomi, New Delhi, on October 8.
- The four-day event is being held from October 7 to 10 with the theme “Scale Without Boundaries.”
- India has achieved 5G connectivity in every district, with more than 5.5 lakh 5G base stations across the country.
- The event focuses on 5G, 6G, AI, semiconductors, cybersecurity, quantum communication, satellite networks and robotics.
- The Bharat 6G Alliance includes 90 institutions working on next-generation telecom innovation.
- Key Fact: Mobile data costs declined from around ₹268 per GB in 2014 to about ₹8 in 2026.
Centre to Deploy JOSH Teams Across 55 Districts
- The Centre will deploy Joint Squad for Health (JOSH) teams across 55 districts in 11 states to support India’s TB elimination efforts.
- Union Health Minister J.P. Nadda will lead the national launch at Bharat Mandapam, New Delhi.
- The initiative is jointly undertaken by the Ministries of Health and Family Welfare, Youth Affairs and Sports, and Defence.
- Teams will include Class-I officers, MY Bharat volunteers and NCC cadets working at community and local levels.
- They will promote awareness about TB symptoms, prevention, diagnosis, treatment adherence and stigma reduction.
- Key Fact: 67,933 panchayats across 697 districts achieved TB-free recognition in 2025.
State News
Madhya Pradesh Adds Third Cheetah Habitat at Durgavati Reserve
- Madhya Pradesh has added a third cheetah habitat at Veerangana Durgavati Tiger Reserve in Sagar district.
- Chief Minister Mohan Yadav released male cheetah Vyom and female cheetah Neera into the reserve on October 7, 2026.
- The move expands the state’s cheetah conservation programme beyond Kuno National Park and Gandhi Sagar Wildlife Sanctuary.
- The state plans to share wildlife tourism revenue with nearby communities to promote local participation in conservation.
- Eligible villagers in buffer zones will receive ₹2–3 lakh homestay subsidies.
- Key Fact: Madhya Pradesh recorded a 123% increase in vulture population according to the Vulture Population Assessment 2026.
Andhra Pradesh Launches India’s First Rural Housing 3D Printing Pilot
- Andhra Pradesh has launched India’s first national-level rural housing pilot using 3D Concrete Printing (3DCP) under PMAY-G 2.0.
- The project covers 177 houses in Burripalem and Obulnayudupalem/Pothuru in Guntur district.
- The estimated project cost is ₹13.93 crore, excluding taxes, with ₹9.44 crore from the Union government and ₹4.49 crore from Andhra Pradesh.
- The pilot is being jointly implemented by the Ministry of Rural Development, CSIR-CBRI Roorkee and the Andhra Pradesh Government.
- 3DCP deposits concrete layer by layer using computer-controlled printers, potentially reducing construction time, waste and labour requirements.
- Key Fact: The project is targeted for completion in approximately six months.
International News
Adani Power, DGPC Sign Deal for 770 MW Bhutan Hydropower Project
- Adani Power and Bhutan’s Druk Green Power Corporation (DGPC) signed an agreement to develop the Chamkharchhu-I Hydroelectric Project.
- The 770 MW project will be constructed on the Chamkharchhu River in Zhemgang district of central Bhutan.
- Adani Power will hold 49%, while DGPC will hold 51% in the project.
- The project will follow the BOOT model with a 30-year concession from commercial operation.
- Major components include a 108-metre concrete gravity dam, 19.2-km headrace tunnel and underground powerhouse.
- Key Fact: Construction is expected to begin in the first half of 2027.
WWF Living Planet Report 2026 Records 73% Wildlife Decline
- The WWF Living Planet Report 2026 recorded an average 73% decline in monitored wildlife population sizes between 1970 and 2022.
- The latest Living Planet Index, developed by the Zoological Society of London (ZSL), covers 35,803 population trends across 5,790 vertebrate species.
- Freshwater populations declined by 85%, terrestrial populations by 69% and marine populations by 59%.
- Major threats include habitat loss, overexploitation, climate change, pollution, invasive species and disease.
- The report also highlights successful conservation recoveries involving green turtles, bluefin tuna, tigers and southern African elephants.
- Key Fact: The Living Planet Index tracks 35,803 population trends across 5,790 vertebrate species.
CU Denver Gets UGC Nod for Hyderabad Campus
- The University of Colorado Denver (CU Denver) received a Letter of Intent from the UGC to establish a degree-granting campus in Hyderabad.
- The first student cohort is expected to begin in August 2027.
- The campus will be CU Denver’s first campus in India and the first foreign university campus in Telangana.
- Planned programmes include business, computing, engineering and analytics.
- The initiative follows the UGC 2023 regulations governing foreign higher educational institution campuses in India.
- Key Fact: CU Denver is the first US public university to receive an LoI under this framework.
India Joins 14 Economies to Address Global Excess Capacity
- India has joined the United States and 13 other economies in a joint ministerial statement addressing structural excess capacity and production.
- The statement was released by the US Trade Representative on October 7, 2026, following the G20 Trade Ministerial in Milwaukee.
- The 15 signatories will cooperate on non-market policies that contribute to persistent overproduction and market distortions.
- Initial sectors include automobiles and EVs, batteries, chemicals, foundational semiconductors and solar panels.
- The countries will share information, identify data gaps and explore measures to reduce impacts on trade and workers.
- Key Fact: The joint statement has 15 signatories in total.
Banking News
RBI Removes Paytm Payments Bank from Scheduled Banks List
- The Reserve Bank of India removed Paytm Payments Bank Limited (PPBL) from the Second Schedule of the RBI Act, 1934.
- The exclusion was notified on July 31, 2026, and published in the Gazette of India in September 2026.
- RBI had cancelled PPBL’s banking licence in April 2026 over regulatory non-compliance.
- PPBL was earlier barred from onboarding new customers in March 2022.
- Restrictions on deposits, credits and top-ups were imposed during January-February 2024.
- Key Fact: The Second Schedule of the RBI Act, 1934 contains the list of scheduled banks.
Bank of India Launches Programmable Digital Rupee Auto-Issuance
- Bank of India launched user-level programmable Central Bank Digital Currency (CBDC) functionality with auto-issuance on its Digital Rupee platform.
- The facility was announced on September 29, 2026, and developed by Montran India on BoI’s CBDC platform.
- Users can schedule automatic Digital Rupee transfers to a beneficiary’s CBDC wallet at fixed amounts and frequencies.
- Users can also define the permitted purpose of the funds.
- Potential applications include education payments, household allowances, welfare transfers and purpose-bound transactions.
- Key Fact: India’s Digital Rupee is issued by the RBI.
Economy News
India Cuts Diesel and ATF Export Levies for Second Fortnight
- The Central Government reduced export levies on diesel and Aviation Turbine Fuel (ATF) effective October 1, 2026.
- The diesel export levy was reduced from ₹20 to ₹16 per litre.
- The ATF levy was cut from ₹15 to ₹10.50 per litre.
- The petrol export levy remained unchanged at ₹0.50 per litre.
- The revised rates were notified through Central Excise Notifications 52/2026 and 53/2026 dated September 30.
- Key Fact: Petroleum export levies are reviewed fortnightly based on international crude oil and petroleum-product prices.
Appointments News
Lavanya R Mundayur Appointed New India Assurance CMD
- The Government of India appointed Lavanya R Mundayur as Chairman-cum-Managing Director of The New India Assurance Company Limited.
- The Department of Financial Services issued the appointment order on September 30, 2026.
- Her tenure will continue until May 31, 2029.
- She previously served as CMD of the Agriculture Insurance Company of India Limited (AICIL).
- New India Assurance is headquartered in Mumbai and was founded by Sir Dorabji Tata in 1919.
- Key Fact: New India Assurance was nationalised in 1973.
Press Council of India Reconstituted With 13 Journalist Members
- The Central Government nominated 13 working journalists to the Press Council of India for its 15th term.
- The nominations were made under the Press Council Act, 1978.
- The group includes six editors and seven other working journalists.
- The PCI consists of a Chairperson and 28 members representing journalists, newspaper owners, Parliament and other fields.
- Justice Ranjana Prakash Desai (Retd.) is the current Chairperson for a three-year term beginning April 2026.
- Key Fact: The Press Council of India has 28 members besides the Chairperson.
Awards News
Anne Carson Wins 2026 Nobel Prize in Literature for Literary Innovation
- Canadian poet, essayist and translator Anne Carson has won the 2026 Nobel Prize in Literature.
- She was born on June 21, 1950, in Toronto, Canada.
- The Nobel Committee recognised her pioneering literary work and innovative engagement with classical traditions.
- Her notable works include Eros the Bittersweet, Glass, Irony, and God, Autobiography of Red and Economy of the Unlost.
- Carson has translated works by Sappho, Sophocles, Euripides and Stesichorus.
- Key Fact: Anne Carson is a Canadian poet, essayist and translator.
Defense News
Indian Navy Launches First Indigenous Fleet Support Ship ‘Surya’
- Defence Minister Rajnath Singh launched the Indian Navy’s first indigenous Fleet Support Ship, ‘Surya’, at Hindustan Shipyard Limited in Visakhapatnam.
- ‘Surya’ is the lead vessel of the Surya-class Fleet Support Ships.
- It is designed to provide fuel, fresh water, ammunition, provisions and technical stores to deployed warships.
- The ship has a displacement of around 43,500–45,000 tonnes and a length exceeding 223 metres.
- More than 80% indigenous content strengthens India’s naval logistics and blue-water capabilities.
- Key Fact: ‘Surya’ is India’s first indigenous Fleet Support Ship.
Science & Technology News
IIT Madras Team AgniRath Secures Third at Solar Challenge
- Team AgniRath from IIT Madras secured third place overall at the Sasol Solar Challenge 2026 in South Africa.
- It became the first Indian team to compete and win a trophy in the biennial solar vehicle competition.
- The team competed with Aagneya, its second-generation solar-powered vehicle.
- Aagneya covered 1,192.6 km over eight days from Johannesburg to Cape Town via Jeffreys Bay.
- Founded in 2021 by six students, the team has grown to more than 45 undergraduate engineers.
- Key Fact: Team AgniRath secured third place overall at the 2026 Sasol Solar Challenge.
Schemes News
Government Opens Second PRIP Scheme Call with ₹50 Crore Discovery Track
- The Government opened the second call under the Promotion of Research and Innovation in Pharma MedTech Sector (PRIP) Scheme.
- The scheme is implemented by the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers.
- It has a total financial outlay of ₹5,000 crore.
- The new Discovery Track supports startups and MSMEs developing New Chemical Entities and New Biological Entities at TRL 1–3.
- Eligible projects can receive assistance of up to ₹50 crore, with at least 25% institutional-investor co-funding.
- Key Fact: The total outlay of the PRIP Scheme is ₹5,000 crore.
Sports News
Verstappen Wins Dramatic Bahrain GP Held at Sepang
- Max Verstappen won the 2026 Bahrain Grand Prix held at Malaysia’s Sepang circuit after the race was relocated.
- The victory marked Verstappen and Red Bull’s first Formula 1 win of 2026.
- The race started 90 minutes late because of heavy rain and technical problems.
- Verstappen finished ahead of Kimi Antonelli, while Lewis Hamilton took third place.
- George Russell retired five laps before the finish due to a power-unit failure.
- Key Fact: Max Verstappen won the 2026 Bahrain Grand Prix.
Pramod Bhagat, Bhavina Patel Named India’s Para Games Flagbearers
- Pramod Bhagat and Bhavina Patel have been named India’s flagbearers for the Asian Para Games 2026.
- The event will be held in Aichi-Nagoya, Japan, from October 18 to 24.
- Bhagat has won six Asian Para Games medals, including two golds, between 2014 and 2023.
- Patel has won two medals across two editions of the Asian Para Games.
- Patel also won a silver medal at the Tokyo 2020 Paralympics.
- Key Fact: India won 111 medals, including 29 golds, at the Hangzhou 2022 Asian Para Games.
Important Days News
Indian Air Force Day 2026 Marks 94th Raising Anniversary
- Indian Air Force Day is observed every year on October 8 to commemorate the establishment of the IAF in 1932.
- In 2026, the Indian Air Force marks its 94th anniversary.
- The IAF undertakes air defence, airlift, surveillance, search and rescue, disaster relief and humanitarian assistance missions.
- Exercise Tarang Shakti 2026 is being held at Air Force Station Jodhpur from September 26 to October 12.
- The first operational squadron of the IAF, No. 1 Squadron, was formed in 1933.
- Key Fact: The IAF motto is “Nabhah Sparsham Diptam” — “Touch the Sky with Glory.”
Obituaries News
Veteran Actor Nana Patekar Dies at 75 in Mumbai
- Veteran Indian actor Nana Patekar, whose full name was Vishwanath Patekar, died at the age of 75 on October 8, 2026.
- Born on January 1, 1951, in Maharashtra, he worked as an actor, writer, filmmaker and director.
- He won three National Film Awards for Parinda, Krantiveer and Agni Sakshi.
- Patekar received the Padma Shri in 2013 for his contribution to the arts.
- His notable films included Ab Tak Chhappan, Apaharan, Welcome, Raajneeti, Natsamrat and The Attacks of 26/11.
- Key Fact: Nana Patekar co-founded the NAAM Foundation in 2015 with Makarand Anaspure.









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