Current Affairs - September 6, 2026 Current Affairs

Canada aims to expand bilateral trade with India to CAD 70 billion, approximately ₹4.65 lakh crore, by 2030. The two countries held their annual Foreign Office Consultations in New Delhi on September 2, 2026, to strengthen strategic and economic cooperation. They also agreed to work toward concluding the Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026 and expressed readiness to begin negotiations on a Bilateral Investment Treaty. The consultations were held at Hyderabad House and involved senior officials from both countries. The inaugural Canada-India Finance Ministers' Economic and Financial Dialogue also marked an important step in strengthening their economic partnership.

498 kmph was the top speed achieved by the Ahuti Mk II electric multirotor interceptor on September 3, 2026, earning it a place in the India Book of Records as India’s fastest multirotor UAV. The speed surpassed the previous Indian record of 325 kmph by 170 kmph. Developed and manufactured by Apollyon Dynamics, a defence technology startup incubated at BITS Pilani Hyderabad, the interceptor is designed specifically to counter incoming aerial threats. It uses a burst current of 400 amperes and underwent 10 redesign iterations involving its frame, propulsion, and motor configuration.

Belgium is the country with which India is strengthening defence, clean energy, and trade cooperation. On September 4, 2026, Prime Minister Narendra Modi held bilateral talks with Belgian Prime Minister Bart De Wever in New Delhi. Both countries targeted doubling bilateral trade within five years and announced a fast-track investment mechanism. Cooperation also includes indigenous defence manufacturing, renewable energy, critical minerals, and semiconductor technologies. Belgium is India’s 18th-largest source of foreign direct investment, with investments totalling $4.2 billion between April 2000 and December 2025. Brussels, Belgium’s capital, also hosts the headquarters of NATO and the European Union.

Zerodha received official registration from the Securities and Exchange Board of India (SEBI) on September 1, 2026, to operate as a merchant banker in India through Zerodha Corporate Advisors. The application was submitted on April 27, 2026, and the registration was granted with perpetual validity. The approval allows the firm to handle capital market activities such as Initial Public Offerings (IPOs), Follow-on Public Offers (FPOs), rights issues, and related advisory services. With this approval, Zerodha became the 249th registered merchant banker in India as of August 31, 2026. The development follows SEBI’s revised capital and regulatory requirements for merchant banking operations.

Nvidia entered into an agreement to acquire Hugging Face for approximately $12.93 billion, marking a major expansion of its presence in the artificial intelligence software and developer ecosystem. The deal, announced on September 3, 2026, is expected to be completed in the first half of 2027. Around $11.9 billion will be paid to Hugging Face shareholders, while approximately $1 billion in equity is reserved for employees. Hugging Face provides access to more than 18 million developers, researchers, and creators and hosts millions of AI models, datasets, and applications. The acquisition would strengthen Nvidia’s position beyond hardware and into AI software and model development.

Carol Furtado was appointed as the interim Managing Director (MD) and CEO of Ujjivan Small Finance Bank after receiving approval from the Reserve Bank of India on September 1, 2026. She was serving as the bank’s Executive Director before taking the interim leadership role. Her appointment is for three months or until a permanent successor is appointed. She replaced Sanjeev Nautiyal, who resigned citing health reasons and will formally retire on November 30, 2026. Ujjivan Small Finance Bank is headquartered in Bengaluru and began operations as a Small Finance Bank in February 2017 under the Banking Regulation Act, 1949.

Malaysia declared an emergency in the Serian district of Sarawak after the Air Pollution Index (API) reached 519, far exceeding the hazardous threshold of 300. The severe haze was primarily caused by forest fires in neighbouring Indonesia, with smoke crossing into Sarawak on the island of Borneo. Malaysian authorities introduced measures including cloud-seeding operations to induce rainfall and reduce airborne particles. The emergency applies specifically to Serian within an approximately 20-kilometre radius. Despite the emergency declaration, essential services such as supermarkets, gas stations, and banks continue to operate while authorities monitor the pollution and environmental conditions.

Sanjay Jaiswal was appointed chairman of the 31-member joint parliamentary committee constituted to examine the Foreign Contribution (Regulation) Amendment Bill, 2026. The committee was formed on September 3, 2026, and includes 21 members from the Lok Sabha and 10 from the Rajya Sabha. The panel includes representatives from several political parties, with 14 BJP members and 5 Congress members. It is required to submit its report by the last day of the first week of Parliament’s Winter session. The Bill proposes tighter government oversight of NGOs and foreign funding and provisions for managing assets when an organisation’s FCRA licence is cancelled.