National Affairs

Prime Minister Narendra Modi inaugurated SEMICON India 2025 in New Delhi, Asia's largest semiconductor manufacturing and design expo, emphasizing India's commitment to becoming a global semiconductor hub. Alongside the event, he unveiled the 'Vikram-32' microprocessor, marking a significant milestone in India's indigenous chip development initiatives aiming to reduce dependence on imports and boost the nation's digital economy.

The Sample Registration System (SRS) 2023 report revealed that India's birth rate and death rate have both dropped significantly over the last 50 years, reaching 18.4 and 6.4 per 1,000 population, respectively. This demographic transition reflects improvements in healthcare, family planning, and socio-economic development, with implications for public policy and resource allocation.

MoHUA (Ministry of Housing and Urban Affairs) launched the 'Angikaar 2025' campaign, a last-mile verification initiative under the Pradhan Mantri Awas Yojana Urban 2.0. The goal is to complete verification and handover of sanctioned houses by October 31, 2025, prioritizing vulnerable groups such as women, SC/ST members, and differently-abled persons. This initiative covers over 5,000 urban local bodies, aiming to accelerate affordable housing delivery.

The Microfinance Institutions (MFIs) sector saw a 24% year-on-year decline in disbursements to ₹22,805 crore in Q1 FY 2025-26, reflecting challenges in outreach and credit penetration amid economic uncertainties. Industry players are focusing on digitalization and new financial products to revive growth.

Union Minister Mansukh Mandaviya launched 'Jalveer', the mascot and logo for the Asian Aquatics Championship 2025, which will be held in Swim India aquatic facilities. This event is set to enhance India's profile in international aquatic sports.

International Affairs

Jamaican Prime Minister Andrew Michael Holness was re-elected for a third consecutive term, emphasizing political stability in the Caribbean nation. India's diplomatic relations with Jamaica continue to strengthen through increased cooperation in trade and culture.

China unveiled its JL-1 air-launched ballistic missile during a military parade, showcasing advancements in its strategic missile capabilities that have implications for regional security dynamics involving India and its neighbors.

Business and Economy

Dassault Aviation increased its stake in Dassault Reliance Aerospace Limited (DRAL) to 51%, consolidating its control over the joint venture responsible for manufacturing Rafale fighter aircraft in India. This move is expected to boost indigenous defense manufacturing and technology transfer.

Amazon expanded its digital lending business in India with the acquisition of Axio, a fintech startup, for USD 200 million to provide better credit solutions for Indian consumers and SMEs, aligning with the country’s push towards financial inclusion and digital economy growth.

Science and Technology

Bharat Heavy Electricals Limited (BHEL) partnered with Horizon Fuel Cell Technologies to develop hydrogen fuel cell trains, supporting India's goal of expanding green mobility and reducing carbon emissions in rail transport.

A Memorandum of Understanding (MoU) was signed between the New Generation Energy Limited (NGEL) and V.O. Chidambaranar Port Trust in Tamil Nadu to establish a green hydrogen fueling station, boosting clean energy infrastructure in port operations.

Defense and Security

Chief of Army Staff General Upendra Dwivedi inaugurated the book 'Operation Sindoor', chronicling the Indian Army's strategies and operations, authored by retired Lt Gen K.J.S. Dhillon. The launch underscores the importance of documenting military history and lessons for future strategic planning.

Awareness and Important Days

World Duchenne Awareness Day 2025 was observed on September 7 to raise awareness about Duchenne muscular dystrophy, a genetic disorder characterized by progressive muscle degeneration. The day emphasizes the need for research, patient support, and policy interventions for rare diseases globally.

State and Governance

The Government of Odisha partnered with Tata Consultancy Services (TCS) to design and implement the Integrated Financial Management System (IFMS) 3.0, aimed at enhancing transparency and efficiency in state-level financial operations and budget management.