
On 5 September 2026, ICICI Bank stated in a regulatory filing that the Reserve Bank of India had approved the Life Insurance Corporation of India to acquire an aggregate holding of up to 9.99% in the bank. The approval letter was received by ICICI Bank on 4 September 2026 at 9:09 PM, and the RBI set a validity period of one year from the date of the letter for completion of the acquisition.
Adani Defence & Aerospace signed a five-year agreement with Indo-Russian Rifles Private Limited for the supply of indigenous 7.62×39 mm small-calibre ammunition for the AK-203 assault rifle programme. The arrangement covers domestic ammunition supply for the Indian armed forces over the five-year period and links locally produced rifles with locally manufactured ammunition in India.
The Indian Space Research Organisation (ISRO) launched GSLV-F17 on 4 September 2026 from the Second Launch Pad at the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. The 51.7-metre-tall rocket carried the 2,367 kg EOS-05 satellite and placed it in a Sub-Geosynchronous Transfer Orbit about 18 to 19 minutes after liftoff.
Argentina and the United Kingdom have renewed a long-running sovereignty dispute over the Falkland Islands, which Argentina calls Las Malvinas. On 3 September 2026, Argentine President Javier Milei announced plans for economic sanctions against foreign firms involved in offshore oil and gas extraction near the islands without Argentine approval.
The Supreme Court of India has directed seven consenting states to amend service rules and raise the retirement age of district judges from 60 to 62 years. The order was passed in the case of All India Judges Association v. Union of India and applies to Chhattisgarh, Karnataka, Madhya Pradesh, Maharashtra, Sikkim, Tamil Nadu, and West Bengal.
The United Nations General Assembly approved an African-led resolution on 4 September 2026 to promote maps that show continents in more accurate relative sizes. The resolution supports the use of the Equal Earth projection and moves away from the 16th-century Mercator projection in educational and public mapping contexts.
GIFT City International Financial Services Centre (IFSC) in Gujarat has expanded its banking activity through External Commercial Borrowings, FCNR(B) swap mobilisations, and international bond listings. The International Financial Services Centres Authority (IFSCA) recorded large-scale participation by domestic and foreign International Banking Units (IBUs) under the Reserve Bank of India’s special swap facility for Foreign Currency Non-Resident (Bank) deposits.
India will host the Hyundai World Archery Para Series 2026 for the first time at the Sabarmati Riverfront in Ahmedabad, Gujarat, from September 5 to September 9, 2026. The tournament is Stage 3 of the 2026 World Archery Para Series and will feature competition in Recurve Open, Compound Open, W1, and Visually Impaired divisions.
The Supreme Court of India on 2 September 2026 directed the Tamil Nadu government to frame rules for a specified channel for fishing vessels to transit through territorial waters to the Exclusive Economic Zone. The bench comprised Justices P.S. Narasimha and Alok Aradhe, and the matter concerned access for vessels carrying purse seine nets.
The Ministry of Statistics and Programme Implementation (MoSPI) released India’s Gross Domestic Product estimates for the first quarter of 2026–27 with real growth of 7.8% under the 2022–23 base year. On 2 September 2026, MoSPI issued a clarification on the negative 1.5% implicit Gross Value Added deflator in manufacturing and on the use of the double-deflation method in national accounts.
The International Cricket Council (ICC) has named India as the host of the inaugural Women’s Champions Trophy for 2027. The tournament will run from 14 February to 28 February 2027 and will feature six teams in a Twenty20 International (T20I) round-robin format followed by a final.
The Indian Air Force conducted a successful drop trial of the indigenously designed long-range glide bomb Khagantak-243 on 2 September 2026. The weapon was released from a Sukhoi Su-30MKI fighter jet and is being developed as a precision-guided munition for stand-off delivery.