Current Affairs

PM Modi to inaugurate SEMICON India 2026 at Yashobhoomi on Wednesday

Prime Minister Narendra Modi will inaugurate the fifth edition of SEMICON India 2026 at Yashobhoomi, New Delhi, on Wednesday. It will bring together over 600 exhibitors, 300 International Companies and delegations from more than 40 countries. The exhibition will feature six country pavilions and twelve State Government pavilions, along with a dedicated Startup Pavilion.

SEMICON India is India’s premier semiconductor conference and exhibition, jointly organised by the India Semiconductor Mission, Ministry of Electronics and Information Technology and SEMI. It serves as a flagship platform for bringing together the global semiconductor and electronics ecosystem to advance collaboration, innovation, manufacturing, investment and talent development.

The three-day conference programme will feature high-level keynotes, panel discussions and strategic sessions focusing on emerging trends and critical areas across the semiconductor and electronics ecosystem, including semiconductor manufacturing and technology.



India wins record eighth Women’s Asia Cup title, President Murmu congratulates team

India produced a commanding all-round performance to defeat Sri Lanka by 72 runs in the Women’s Asia Cup 2026 final in Dubai last night, securing a record-extending eighth Asia Cup title. The victory also helped India avenge their defeat to Sri Lanka in the 2024 final. It was India’s sixth win over Sri Lanka in an Asia Cup final across the ODI and T20 formats, including the 2004 edition when India defeated Sri Lanka 5-0 in the two-team tournament.

India first posted a formidable 183 for 5 after openers Shafali Verma and Smriti Mandhana produced a record-breaking 129-run partnership. The bowlers then completed the job by dismissing Sri Lanka for 111 in 19.4 overs, with Shree Charani taking four wickets and Deepti Sharma claiming three. Shafali Verma was declared Player of the Match.

India’s victory was built on a combination of explosive batting at the top and disciplined bowling through the middle and final overs. The record partnership between Shafali and Mandhana gave India the platform, while Charani and Deepti dismantled Sri Lanka’s chase to seal a memorable eighth title.



India & MERCOSUR sign First Additional Protocol to PTA

India and MERCOSUR have signed the First Additional Protocol to the India-MERCOSUR Preferential Trade Agreement (PTA), marking an important step towards facilitating paperless trade and modernising customs procedures between India and the MERCOSUR countries.

The Ministry of Commerce and Industry said the move is expected to facilitate the transition towards digital and paperless trade documentation, reduce transaction costs and processing time associated with the issuance and verification of Certificates of Origin, and improve the efficiency of preferential trade under the existing India-MERCOSUR.

The Protocol was signed by Commerce Secretary Rajesh Agarwal, Ambassador of Uruguay to India Alberto Guani, and Ambassador of Paraguay to India, Fleming Raul Duarte Ramos, in the presence of the Minister of Foreign Affairs of Uruguay, Mario Lubetkin.



India approves power export to Nepal for 18 hours a day till December 31

The Government has approved the export of power for 18 hours a day to the Nepal Electricity Authority till the 31st of December this year. The Ministry of Power said the approval has been given for to six hundred megawatts of export through the Muzaffarpur-Dhalkebar line and to 54 megawatts through the Tanakpur-Mahendranagar line.

The recent floods have caused significant damage to hydropower infrastructure in Nepal, reducing its domestic power generation capacity and creating an additional requirement for electricity. The Ministry said that the approval given since Monday will help Nepal meet its power requirements during this difficult period and further strengthen the close and longstanding energy cooperation between India and Nepal. It added that India remains committed to supporting Nepal and strengthening bilateral cooperation in the energy sector.



Ministry of Coal to launch Special Campaign 6.0 on e-waste management

The Ministry of Coal will launch a Special Campaign emphasising effective collection, segregation and disposal of e-waste. The Special Campaign 6.0 will be launched between the 2nd and 31st of next month.

The Special Campaign 5.0, held from October 2nd last year to August 31st this year reinforced a strong commitment to cleanliness, waste management, and environmental responsibility. The Ministry of Coal said that the campaign yielded impressive results across all Public Sector Undertakings and field offices under its jurisdiction.



US, India join hands to strengthen security of undersea cable networks

The United States and India have joined hands to strengthen the security, resilience, and diversification of global undersea cable networks, highlighting New Delhi's emerging strategic position as a global digital hub.

In a post on X, the US Embassy in India announced the partnership and noted that the two nations brought together government and industry experts in September to host an "Undersea Cables Workshop" aimed at safeguarding critical subsea communication infrastructure.

Highlighting the importance of subsea infrastructure in powering modern digital systems, the Embassy wrote, "Undersea cables are the backbone of global digital connectivity powering economies, cloud services, and the AI revolution. The United States and India are partnering to strengthen the security, resilience, and diversification of the networks that keep the world connected."



SEBI proposes changes to methodology for calculating expiry-day settlement prices of index and stock derivatives

Markets regulator SEBI on Saturday proposed changes to the methodology for calculating expiry-day settlement prices of index and stock derivatives, following a review of the newly introduced closing auction session (CAS) framework.

In a consultation paper, SEBI proposed two options for determining the settlement prices, a blended Volume Weighted Average Price – VWAP based on trades executed during the last 30 minutes of the continuous trading session – CTS, and the 10-minute CAS, or continuation of the existing CTS VWAP methodology. The proposals follow feedback received from market participants on the use of the CAS-determined closing price for settling derivative contracts on expiry. Determination of derivative settlement prices based on the closing price arrived at through CAS was among the significant areas of feedback received by SEBI.

SEBI introduced the CAS framework in the equity cash segment from August 3 to determine the closing price of securities. Under the current framework, the closing price determined through CAS also serves as the basis for determining settlement prices of derivative contracts on expiry. The use of the CAS-determined closing price for expiry-day settlement of derivatives has been one of the key concerns raised by market participants, prompting Sebi to review the existing methodology.



Rishikesh-Karnaprayag rail project achieves 41st tunnel breakthrough, moves closer to completion

Rishikesh-Karnaprayag rail project: The Rishikesh-Karnaprayag rail project has achieved another major milestone with the final breakthrough of Escape Tunnel-1 on September 11, 2026. With this breakthrough, the project has now recorded 41 tunnel breakthroughs, bringing the much-anticipated Himalayan railway project closer to completion.

The project is being developed by Rail Vikas Nigam Limited (RVNL), a Public Sector Undertaking under the Ministry of Railways at a cost of Rs 37,000 crore. Once completed, it will improve rail connectivity in Uttarakhand and make travel to the Himalayan region easier.

10.847-km tunnel now fully connected

Escape Tunnel-1 is 10.847-km-long, making it the second-longest tunnel in the Rishikesh-Karnaprayag rail project. The final breakthrough has connected the tunnel along its entire length.



Sahiwal cow gives birth to Badri calf via IVF in Uttarakhand

The Union Ministry of Agriculture and Farmers’ Welfare said on Saturday that a “healthy” Badri female calf has been successfully born through Ovum Pick-Up and In Vitro Fertilization (OPU-IVF) technology.

Badri is an indigenous cattle breed, which is found in Uttarakhand. The calf was born on Friday (September 11), following the transfer of a Badri embryo into a Sahiwal recipient cow.

“The achievement has been accomplished through a collaborative effort between ICAR-National Dairy Research Institute (ICAR-NDRI), Karnal, and GB Pant University of Agriculture and Technology, Pantnagar, Uttarakhand, with financial support from the Uttarakhand Biotechnology Council, Haldi. The achievement demonstrates the potential of advanced reproductive biotechnology for the conservation, rapid multiplication and genetic improvement of valuable Badri germplasm,” the ministry said in a statement.



GFF 2026 | FASTag portability: You can now switch issuer bank without getting a new tag

FASTag users can now switch the bank that issued their tag without having to obtain a new physical FASTag, following the launch of ‘OneTag’ at the Global Fintech Fest 2026 in Mumbai on September 11.

The NETC FASTag portability solution was launched by Union Minister for Road Transport and Highways Nitin Gadkari. OneTag is a joint initiative of Indian Highways Management Company Limited (IHMCL), promoted by the National Highways Authority of India (NHAI), and the National Payments Corporation of India (NPCI).

Currently, a FASTag user who wants to change the issuer bank has to close the existing FASTag and go through a fresh onboarding process to get a new tag. Under OneTag, the user can retain the FASTag already affixed to the vehicle and switch to another issuer bank.