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CURRENT AFFAIRS DETAILS

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1 QClairvoyance Quantum Labs, IITM-C-DOT Samgnya tie up on quantum tech

QClairvoyance Quantum Labs Pvt Ltd, an Indian deep-tech company focused on quantum technologies, has signed a memorandum of understanding (MoU) with IITM-C-DOT Samgnya Technologies Foundation, India’s National Hub for Quantum Communication established under the National Quantum Mission (NQM).

The collaboration will focus on quantum computing, quantum algorithms, quantum artificial intelligence (AI), post-quantum cybersecurity and next-generation computing, with an emphasis on research, technology development, validation and eventual deployment.

Samgnya serves as a national platform bringing together research, technology, testbeds, industry, startups and talent to accelerate India’s quantum technology ecosystem.

Its mandate spans advanced research and development, quantum communication and quantum key distribution (QKD), technology translation and validation, national testbeds, industry collaboration, startup incubation, capability and skill development, standards and interoperability, technology transfer and commercialisation.

12-Sep-2026 News in Details
2 Southern Railway achieves 100% electrification after 95 years

Southern Railway 100% electrification: Southern Railway has achieved 100 per cent electrification of its Broad Gauge (BG) network, covering 5,068 route kilometres (RKM) across the zone. The milestone was achieved after the completion of electrification work on the final 71-km-long Pattukkottai-Karaikkudi section. The statutory inspection of the newly electrified section was completed on September 9.

According to SN Narain, Chief Public Relations Officer, Southern Railway, the completion of electrification will help improve the efficiency and flexibility of train operations across the zone.

With the entire BG network electrified, trains can operate on electric traction across Southern Railway without the need for traction change at relevant points. This can help streamline operations and improve the utilisation of electric locomotives.

12-Sep-2026 News in Details
3 India, Russia set target of 100 bn dollars trade by 2030 during 22nd Annual Summit in Moscow

India and Russia have agreed to set the trade target to 100 billion dollars by 2030. The two countries signed nine documents for cooperation in different fields. It includes MoUs in the ares of Environment and Climate Change, Cartography, Polar Research, Investment, Trade and Pharma. New Delhi and Moscow have also inked MoU on coperation in field of Broadcasting between Prasar Bharati and TV Novosti. Briefing media in Moscow Foreign Secretary Vinay Mohan Kwatra said, during the meeting between the two leaders agenda of discussion was principally focused on economic cooperation. It also included elements relating to cooperation between the two countries relating to political sphere, larger space of economic engagement, covering extensively trade, capital linkages, energy, science and technology cooperation, defence and security.

Mr Kwatra informed that the Prime Minister strongly raised the issue of early discharge of Indian nationals who have been misled into the service of the Russian army. He added that the Russian side promised early discharge of all Indian nationals from the service of the Russian army.

12-Sep-2026 News in Details
4 IndusInd Bank Fined ?1 Crore by IRDAI Over Insurance Grievance Compliance

IndusInd Bank has informed the stock exchanges that the Insurance Regulatory and Development Authority of India (IRDAI) has imposed a monetary penalty of ₹1 crore on the Bank.

The order was issued by IRDAI on 10 September 2026 and received by the Bank on 11 September 2026.

The penalty relates to non-compliance with certain provisions of the IRDAI (Registration of Corporate Agents) Regulations, 2015 in the Bank’s bancassurance operations (acting as a Corporate Agent for distribution of third-party insurance products).

12-Sep-2026 News in Details
5 SEBI proposes changes to closing auction session, derivatives settlement

Markets regulator SEBI has proposed changes to the closing auction session (CAS), including two alternative methods for settling derivatives contracts on expiry days, shorter transition periods and revised market timings.

Under the first option, the expiry settlement price would be based on a blended volume-weighted average price (VWAP) calculated using the final 30 minutes of continuous trading and the 10-minute CAS. The second option proposes using only the last 30-minute continuous trading VWAP as an interim measure. The framework would apply to both index and stock derivatives.

SEBI has also proposed discontinuing the dissemination of the indicative index value (IIV) derived from indicative equilibrium prices during CAS, while allowing security-level indicative equilibrium prices to continue. The regulator said the indicative index value could be mistaken for an actual index level and influence trading decisions despite not representing executed trades.

12-Sep-2026 News in Details
6 Rani Mukerji honoured with Raj Kapoor Special Contribution Award at Maharashtra State Film Awards, says “Mumbai has given me my identity”

Actor Rani Mukerji was honoured with the Raj Kapoor Special Contribution Award at the 62nd Maharashtra State Film Awards ceremony in Mumbai on Wednesday.

Maharashtra Chief Minister Devendra Fadnavis presented the award to Rani at Ravindra Natya Mandir in Prabhadevi. Cultural Affairs Minister Ashish Shelar and several other dignitaries and members of the film fraternity were also present at the ceremony.

Rani, who was born and brought up in Mumbai, said the award holds a special place in her heart as it came from the state where she has spent nearly three decades working in cinema.

11-Sep-2026 News in Details
7 Dhruva Space, France’s Safran Space sign €5-million deal to build 275 satellites

XIndia’s Dhruva Space Private Ltd and France’s Safran Space have signed contracts worth more than €5 million for a larger project to build and deploy 275 satellites.

Announced at the two-day International Space Summit in Paris which ended on Thursday, the collaboration between Dhruva and Safran is also meant for technologies to be used in India’s planned 52-satellite space-surveillance constellation.

Safran Space has contracted Dhruva Space for supplying communication systems, inertial navigation units, optical payloads and ground stations for India’s planned Space-Based Surveillance Phase-III (SBS-III) project to provide real-time, all-weather intelligence across its borders and the Indian Ocean Region, as per summit announcements in Paris.

11-Sep-2026 News in Details
8 Union Minister Shivraj Singh Chouhan launches Operational Guidelines for DILRMP 3.0

Union Minister for Rural Development Shivraj Singh Chouhan has formally launched the Operational Guidelines for the Digital India Land Records Modernisation Programme (DILRMP) 3.0 during a hybrid event in New Delhi.

Addressing the gathering, Mr Chouhan stated that DILRMP 3.0 is a decisive step towards improving Ease of Living for rural citizens, farmers, and property owners. The Minister underscored that land in India is deeply tied to emotional and familial identities, making accurate and accessible documentation vital. The Minister noted that DILRMP 3.0 moves from isolated digitization to full system integration, ensuring farmers can secure institutional credit easily and citizens are spared repeated visits to government offices.

Minister of State for Rural Development, Dr. Chandra Sekhar Pemmasani, highlighted that DILRMP 3.0 will resolve legacy challenges by focusing on spatial accuracy, georeferenced maps, and seamless interoperability across departments.

11-Sep-2026 News in Details
9 PM Modi to inaugurate ESTIC-2026 in Delhi on Oct 27: Jitendra Singh

The Emerging Science, Technology and Innovation Conclave (ESTIC-2026) will be held from October 27–29 at Bharat Mandapam, New Delhi, with Prime Minister Narendra Modi scheduled to inaugurate the three-day event.

The conclave will feature three Nobel Laureates – Prof. Joachim Frank, Sir Richard J. Roberts and Prof. Kostya Novoselov – along with several international award-winning scientists and technology leaders.

Announcing the event at its Curtain Raiser, Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, Dr Jitendra Singh, said ESTIC was conceived last year to bring different components of India’s science and technology ecosystem onto a common platform instead of holding fragmented events throughout the year.

11-Sep-2026 News in Details
10 IMF backs 7.8% GDP growth rate, welcomes India's efforts to modernise statistical framework

Amid the ongoing debate over the credibility of India's latest GDP estimates, the IMF has welcomed the country's efforts to modernise its statistical framework, saying the incorporation of a new Index of Industrial Production (IIP) and Producer Price Index (PPI) series should help improve the accuracy of GDP estimates.

“The latest GDP release that we just talked about incorporated both a new index of industrial production and a new producer price index series, and those two new series should help improve India's GDP estimates,” Julie Kozack, Director of the Communications Department, IMF, said in response to a question from PTI. She said the IMF welcomes these important steps that India is taking to modernise its macroeconomic statistics.

“We, of course, encourage the authorities to continue to further strengthen the statistical framework and data quality along the lines that they're progressing,” Kozack said at the monthly briefing here.

11-Sep-2026 News in Details