SARASIJ'S BLOG

NEWS & VIEWS|||SARASIJ|||29-09-2026

 

NEWS & VIEWS|||SARASIJ|||29-09-2026

TUESDAY| VOL—IV/2026/SEPTEMBER

OPINIONATED, FOR FREE CIRCULATION.

नष्टे मृते प्रब्रजते क्लीबे च पतिते पतौ ।

पञ्चस्वापत्सु नारीणां पतिरन्यो विधीयते ॥

Parasar Sanghita: Chapter 4/Slokam-30

"Another husband is ordained for women in five misfortunes: if the husband is lost (missing), dead, becomes an ascetic (renounces the world), is impotent, or has fallen from his virtue."

TODAY IS WORLD HEART DAY.

INDIA: (GOI, SWARAJYA, VISHWAMITRA, HINDU POST, INDIA TODAY).

India will not compromise on its national security and will be prepared to carry out strikes against terrorists as long as a neighboring country continues to "propagate terrorism", Defense Minister Rajnath Singh said at NDTV defense summit.

Bank strike deferred — The proposed three-day nationwide bank strike is deferred after discussions between the Indian Banks' Association and bank unions.

Government launched Pashudhan Bima Portal in New Delhi. Union Minister for Fisheries, Animal Husbandry and Dairying Rajiv Ranjan Singh said that this initiative is aimed at making livestock insurance services more transparent, efficient, accessible, and technology-driven.

NMDC Ltd. commissioned an integrated iron ore processing, slurry pipeline, and pellet-making plant (₹5,427 crore) in Chhattisgarh on 27 and 28 September 2026.

Uttar Pradesh set a target of increasing annual exports from about ₹2 lakh crore to ₹5 lakh crore by 2030. The export plan is linked to the state’s wider goal of becoming a $1 trillion economy.

India’s first LNG-powered train was flagged off on 27 September 2026 from Sabarmati Railway Station in Ahmedabad, Gujarat. The train uses a diesel-plus-LNG dual-fuel system and runs with two 1,400 HP Driving Power Cars converted at the Sabarmati Integrated Coaching Depot.

India’s first port-based e-methanol production facility is being developed at Deendayal Port Authority in Kandla, Gujarat. The project is a joint initiative of Deendayal Port Authority, with 76% ownership, and Assam Petro-Chemicals Ltd, with 24% ownership. The total investment for the project is ₹2,300 crore, and the planned production capacity is 150 tons per day.

The cultural heritage and sporting achievements of Tamil Nadu are being presented through 31 mementos in the PM Mementos e-Auction this year. The collection features sacred traditions, classical art, traditional craftsmanship, historic figures, and sporting memorabilia from across the state.

Rabi-season preparations — Agriculture Minister Shivraj Singh Chouhan called for coordinated planning and scientific assessment for the coming Rabi season. Central teams will visit Karnataka and Maharashtra to assess drought conditions.

BENGAL FILES:

⚖️ Supreme Court Interventions & Legal Feuds:

• By polls and Voter Roll Dispute: The Supreme Court declined to advance an urgent hearing regarding voter exclusions under the Special Intensive Revision Chief Justice Surya Kant remarked, "These are only by-elections," keeping the hearing scheduled for October 5.

• MLA Disqualification Deadline: Apex court urged the Speaker of the West Bengal Legislative Assembly to rule on the defection and disqualification proceedings against 10 rebel MLAs from the Ritabrata Banerjee faction by October 8.

• TMC Symbol & Name Row: In a parallel case, the Supreme Court directed the Election Commission of India (ECI) to resolve the formal party leadership and symbol dispute between the rival factions led by Mamata Banerjee and Ritabrata Banerjee within three months.

🪧 Protests & State Decisions

• ICT Teachers Sit-In: Around 1,000 contractual Information and Communication Technology (ICT) teachers launched a major sit-in protest near the Education Department headquarters in Kolkata. The teachers are demanding immediate job regularization before their active contracts expire on September 30. CONTRACTS MAY BE EXTENDED AS PER NEED & REQUREMENT.

• Health Campaign Launch: The West Bengal Health Department officially commenced a statewide nine-day awareness campaign on safe and legal abortion services to mark International Safe Abortion Day.

💼 Economy & Industry

• India Energy Week Host: Chief Minister Adhikari announced that West Bengal will host India Energy Week (Bharat Shakti Saptah) in Kolkata in January next year, aimed at drawing global investments and boosting employment.

• Political Clash Over Capital: During a "Yuva Samvad Conclave" in Kolkata, BJP National President Nitin Nabin strongly criticized the state's ruling administration, alleging a severe flight of capital and the closure of 6,700 companies over the last 15 years.

WORLD: (REUTER, AP, AFP, BLOOMBERG, CNN, WP)

India and Fiji held the second India–Fiji Bilateral Joint Working Group meeting in New Delhi on September 28, 2026, to expand cooperation in defense, maritime

*India* delivered a strong message against terrorism at the 81st session of the United Nations General Assembly.

External Affairs Minister S Jaishankar also called for accountability for state-sponsored, cross-border terrorism, safer global shipping lanes, and a two-state solution to achieve lasting peace in West Asia.

India and the UAE agreed to pursue initiatives involving local-currency trade, with a shared target of reaching $200 billion in bilateral trade by 2032.

Brazilian aerospace manufacturer Embraer has confirmed Mahindra Group as its Indian industrial partner for the Indian Air Force’s proposed acquisition of 60 Multi-Role Transport Aircraft.

 

✈️ India–Mongolia direct flight begins — A new non-stop New Delhi–Ulaanbaatar service has started, reducing travel time between the two capitals to about five hours.

Union Finance Minister Nirmala Sitharaman has reached Doha in Qatar to participate in the 11th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) and the AIIB Investors Dialogue 2026.

Iran has filed a formal protest with the UN aviation watchdog, International Civil Aviation Organization (ICAO) against US restrictions on Iranian aviation, as Tehran seeks to restore suspended flight routes.

GULF WAR:

Iranian Foreign Minister Abbas Araghchi says Tehran has held further indirect talks with the United States through Qatari mediators in New York, with Washington’s formal response “hopefully” expected by Tuesday. Earlier, President Donald Trump also confirmed that US officials have met Iran war mediators.

US President Donald Trump says British police should not have released on bail five men who were arrested near an airbase used by the United States over a suspected bomb plot. Trump added that the case “might be” linked to Iran, but declined to give details.

Iraqi Airways resumed flights between Najaf and Iran following efforts led by Iraqi Prime Minister Ali al-Zaidi and protests the decision to suspend Iranian flights.

Lebanon’s Prime Minister Nawaf Salam called for a full implementation of a framework agreement with Israel, “leading to the restoration of Lebanon’s full sovereignty”, in his meeting with Marco Rubio in Washington, DC.

After meeting Nawaf Salam, Rubio said that “the United States stands with a sovereign Lebanon, free from Hizballah [Hezbollah] and Iranian influence”.

Yemeni government forces have said they carried out 361 attacks against Houthi military targets across several governorates in Yemen over the past 24 hours.

The attacks resulted in 476 Houthi casualties and destroyed several control centers, weapons depots and vehicles belonging to the Houthi rebel group, the forces said in a statement.

NEPAL NEWS

Nepal is currently facing severe weather-induced disasters, with a series of deadly flash floods, landslides, and a major avalanche striking the country on September 28, 2026. This wave of extreme weather arrives just a month after a massive border disaster left more than 1,400 people dead.

Devastating Floods and Landslides:

• Death Toll Rising: At least 21 to 24 people have been killed and over a dozen remain missing due to torrential rains that began late last week.

• Mustang Mountain Collapse: In the northern Mustang district, dramatic footage captured a massive chunk of a hillside crumbling and crashing into the Kali Gandaki River near Lete within seconds. The debris briefly blocked the river before the water forced its way through.

Widespread Destruction: According to Nepal's National Disaster Risk Reduction and Management Authority, nearly 750 families have been displaced, over 140 homes have been destroyed, and more than 49 districts remain under active flood warnings. Major transmission towers have collapsed, cutting off power and heavily disrupting key transportation routes.

Deadly Avalanche at Himlung Himal:

• Base Camp Disaster: Rescue operations intensified on Mount Himlung (a 7,126-metre peak in north-central Nepal) after a massive avalanche tore through the base camp during heavy storms.

• Casualties & Rescue: At least four climbers have been confirmed dead. Specialized teams from the Nepal National Mountain Guide Association managed to rescue 10 survivors from the snow-covered tents, while a frantic search continues for 12 people who remain missing.

Political & Diplomatic News: Prime Minister Balendra (Balen) Shah is scheduled to address a high-level session of the 81st UN General Assembly today, where he is expected to highlight the escalating climate vulnerabilities and disaster management challenges facing the Himalayan nation.

BALUCHISTAN: Baluchistan is experiencing a significant surge in violence and military operations, highlighted by massive anti-militant crackdowns and a deadly ambush targeting security personnel on September 28, 2026 at Dera Buguti.

MISHAPS: -

Thailand floods: Severe flooding in Bangkok has affected about 700,000 people, with authorities working to clear floodwaters after heavy rainfall.

GAMES & SPORTS

In the Asian Games 2026 in Japan, India’s Esha Singh won the silver medal in the women’s 25-metre pistol individual competition at Aichi-Nagoya

Indian athlete Pincky Balhara secured the bronze medal in the women’s under-78kg Kurash event at Aichi-Nagoya today

India are currently placed 12th in the medal standings, with an overall tally of 39 medals, including four gold, 17 silver and 18 bronzes.

Vice President C. P. Radhakrishnan and Prime Minister Narendra Modi have congratulated Indian chess players on defending the prestigious Nona Gaprindashvili Trophy at the 46th Chess Olympiad in Samarkand, Uzbekistan.

Tamil Nadu Chief Minister C Joseph Vijay has announced a cash incentive of Rs 30 lakh for athlete Vithya Ramraj after she won bronze in the women's 400m hurdles at the 2026 Asian Games in Aichi-Nagoya, Japan.

Ramraj clocked a personal best of 54.75 seconds to finish third and break PT Usha's 42-year-old national record of 55.42 seconds. Usha had set the mark at the 1984 Los Angeles Olympics.

SCIENCE, TECHNOLOGY:

TEJAS MK-2 medium-weight fighter prototype is now officially expected to fly no later than September 2027, while the stealthy fifth-generation Advanced Medium Combat Aircraft (AMCA) is targeted for its first prototype flight in September 2028, Defense Secretary Rajesh Kumar Singh confirmed.

Hyderabad-based TakeMe2Space plans to launch India’s first networked orbital data center mission in 2028. The mission will use two 100-kilogram MOI (My Orbital Infrastructure) constellation satellites and a SpaceX Falcon 9 launch under the Waymaker 2 rideshare mission.

DAS KAPITAL:

The 14th Meeting of the India-UAE High Level Joint Task Force on Investments (HLJTFI) took place in Mumbai, co-chaired by Shri Piyush Goyal, Minister of Commerce & Industry, Government of India, and His Highness Sheikh Hamed bin Zayed Al Nahyan, Managing Director of Abu Dhabi Investment Authority (ADIA).

Global markets opened cautiously this morning as investors keep a close eye on incoming third-quarter corporate earnings and ongoing labor negotiations in major shipping hubs.

DALAL STREET:

The Indian share market crashed sharply, with the benchmark indices logging their steepest intraday drop in nearly three months. Amid severe selling pressure, the Nifty 50 plummeted 1.56% to close at 22,780.25, breaking below the psychological 23,000 support mark for the first time since April. Concurrently, the BSE Sensex sank 1,124 points (1.52%) to settle at 72,771.72. The market meltdown wiped out approximately ₹5.82 lakh crore in investor wealth in a single session.

Major Triggers Behind the Crash:

1. The Strait of Hormuz Crisis: Geopolitical friction escalated sharply after the US administration rejected a peace proposal regarding Iran. This instantly triggered a spike in global energy costs, pushing Brent crude oil futures past $101 per barrel.

2. Hawkish Federal Reserve Bets: The sudden resurgence of oil-driven inflation fears panicked investors. Markets are now pricing in expectations that the US Federal Reserve will hold interest rates higher for longer, or potentially execute further rate hikes.

3. Surging Opportunity Costs: As non-yielding assets, gold and silver traditionally experience aggressive liquidations when global bond yields move higher, forcing institutional money to pivot back toward debt instruments.

BULLIONS:

• 24K Gold (99.9% Purity): Sitting at approximately ₹1,50,170 per 10 grams (roughly ₹15,017 per gram).

• 22K Gold (91.6% Purity): Quoted at ₹1,37,650 per 10 grams (₹13,765 per gram).

• 18K Gold (75.0% Purity): Trading at ₹1,12,630 per 10 grams (₹11,263 per gram).

•999 Silver: Plunged violently by over ₹6,600 to settle around ₹2,28,000 to ₹2,33,000 per kilogram depending on local market variations.

CURRENCY:

• USD = ₹96.05/- EUR = ₹101.40/- GBP = ₹121.25/- AED= ₹26.15/-

*China Yuan ¥*= ₹ 14/-

 

THE END.

 

 

 

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