1) 🇮🇳 National

• Defence Acquisition Council (DAC) gave in-principle approval for defence procurement proposals worth about ₹1.10 lakh crore for the three armed forces.

• Around 98% of the approved procurement is planned from Indian industry, strengthening the Atmanirbhar Bharat initiative.

• The approvals include modernisation of Su-30MKI fighter aircraft, Advanced Light Helicopters, CBRN reconnaissance vehicles, radars, bridge systems and mine-laying systems.

• Global Fintech Fest 2026 begins in Mumbai from September 8–11. Prime Minister Narendra Modi is scheduled to inaugurate the seventh edition.

• The theme of GFF 2026 is “Potential to Impact: Agentic AI, Tokenisation, Quantum – Trusted, Connected, Global Systems for Inclusive Finance.”

• The Bhupen Hazarika birth centenary celebrations conclude on September 8, marking 100 years since the birth of the Bharat Ratna awardee and cultural icon.

2) 🌍 International

• Mount Anak Krakatau in Indonesia has erupted repeatedly, causing major disruption to air travel because of volcanic ash.

• Several Indonesian airports, including airports serving Jakarta, faced closures or major flight disruptions.

• The eruption highlights Indonesia’s vulnerability to volcanic activity as the country lies on the Pacific Ring of Fire.

• The UN Space Security Conference is being held on September 8–9 in Geneva and online, focusing on security and responsible use of outer space.

3) 💰 Economy

• India’s banking system has witnessed an exceptionally large liquidity surplus, driven partly by huge foreign-currency inflows under special RBI schemes.

• The RBI conducted a ₹7 lakh crore, 30-day Variable Rate Reverse Repo (VRRR) auction on September 7 to absorb excess liquidity.

• India’s foreign-exchange reserves recently touched a record level of around US$740.8 billion.

• The Japan Credit Rating Agency (JCR) upgraded India’s sovereign credit rating from BBB+ to A- with a Stable Outlook.

• India recorded 7.7% real GDP growth in FY 2025–26, reflecting strong domestic economic activity.

4) 🗓 Date’s importance

International Literacy Day – September 8

• Observed every year on September 8.

• Established by UNESCO in 1966.

• The first International Literacy Day was observed in 1967.

• It highlights the importance of literacy, education and lifelong learning.

• 2026 marks the 60th anniversary of the proclamation of International Literacy Day.

World Physiotherapy Day – September 8

• Observed annually to highlight the contribution of physiotherapists to health, mobility and rehabilitation.

• The day is associated with the founding of the World Confederation for Physical Therapy (WCPT), now known as World Physiotherapy, in 1951.

5) 👱‍♂👩‍🦳 Person of the day

Dr. Bhupen Hazarika

• Born: 8 September 1926

• Known as “Bard of the Brahmaputra” and “Sudhakantha”.

• Legendary singer, composer, lyricist, filmmaker, poet and cultural icon from Assam.

• Awarded the Bharat Ratna, India’s highest civilian honour, posthumously in 2019.

• His music promoted themes of humanity, social justice, unity and cultural harmony.

• September 8, 2026 marks his 100th birth anniversary.

6) 🏅 Sports

• Satwiksairaj Rankireddy and Chirag Shetty won the men’s doubles title at the China Masters Super 750 badminton tournament.

• The Indian pair defeated a Chinese combination in the final and secured their 10th BWF World Tour title.

• They became the first Indian pair to win the China Masters, a tournament that began in 2005.

• In the Duleep Trophy 2026 final, East Zone captain Ishan Kishan smashed 270 runs against South Zone.

• Kishan’s innings came from 334 balls, including 30 fours and 7 sixes, helping East Zone reach 708 all out.

• Kishan became only the seventh batter to score a double century in a Duleep Trophy final.

7) 🏆 Awards

• The 2026 Creative Arts Emmy Awards have concluded ahead of the main 78th Primetime Emmy Awards.

• “Widow’s Bay” emerged as the biggest winner with 8 awards.

• “DTF St. Louis” won 6 awards, while “Spider-Noir” secured 5 awards.

• Rob Reiner posthumously won an Emmy for Outstanding Guest Actor in a Comedy Series for his role in “The Bear.”

• I Love Lucy received the inaugural Legacy Award for its lasting impact on television.

8) ⭐️ Other important significance

• Bhupen Hazarika Centenary: September 8, 2026 marks the culmination of year-long celebrations of the legendary Assamese cultural icon.

• Global Fintech Fest 2026: Mumbai becomes a major global platform for discussions on Artificial Intelligence, tokenisation, quantum technology and digital finance.

• Defence indigenisation: The latest DAC approvals underline India’s increasing emphasis on domestic defence manufacturing and procurement.

• Science & Space: The UN Space Security Conference places growing emphasis on the responsible and peaceful use of outer space.

• Astronomy: A close apparent conjunction of the Moon and Jupiter is visible around the morning of September 8.

📚 Word of the day

Confluence — the coming together or merging of two or more things.

Example: The summit became a confluence of technology, finance and innovation.