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Current Affairs 4 September 2026

In short

  • ISRO successfully launches GSLV-F17 carrying EOS-05, India’s first geosynchronous imaging satellite
  • India’s economy grows 7.8% in Q1 FY27, government highlights fastest-growing major economy status

…and 8 more stories on Economy, Polity & Governance, International, National.

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General

ISRO successfully launches GSLV-F17 carrying EOS-05, India’s first geosynchronous imaging satellite

The Indian Space Research Organisation (ISRO) successfully launched the **GSLV-F17** rocket carrying **EOS-05**, India’s first geosynchronous imaging Earth observation satellite, marking a major milestone for the country’s space programme. The mission was launched from the Satish Dhawan Space Centre and placed EOS-05 into a geosynchronous transfer orbit, from where it will be maneuvered to its final geosynchronous orbit. EOS-05 is designed to provide high-resolution, continuous imaging of the Indian region, supporting applications such as weather monitoring, disaster management, agriculture, and urban planning. The satellite’s advanced imaging payloads are expected to significantly enhance India’s indigenous Earth observation capabilities and reduce reliance on foreign data. This mission further validates ISRO’s GSLV platform for operational geosynchronous launches, complementing the PSLV and LVM3 fleets. The successful deployment also strengthens India’s position in the global space sector, with potential for commercial services based on EOS-05 data. The launch adds to India’s growing constellation of remote sensing satellites in different orbits, improving temporal coverage over the subcontinent. ISRO termed the mission a key step in building next-generation imaging satellites tailored to national developmental priorities.

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EOS-05, launched by ISRO on GSLV-F17, primarily operates in which type of orbit for continuous imaging of India?

Economy

India’s economy grows 7.8% in Q1 FY27, government highlights fastest-growing major economy status

Official data show India’s GDP growth at **7.8%** in the April–June quarter of FY27, beating market expectations amid global uncertainty. Finance Minister Nirmala Sitharaman stated that India remains the fastest-growing major economy, attributing the performance to domestic demand, investment, and government reforms. The BJP hailed the numbers as evidence of economic resilience, while the Congress questioned the quality of growth and raised concerns about employment generation. Analysts noted that the robust growth occurred against the backdrop of geopolitical tensions in West Asia and a delayed southwest monsoon, both seen as downside risks. The data coincide with strong industrial production and continued buoyancy in services, helping maintain momentum at the start of FY27. At the same time, debates continue on inclusiveness of growth, labour market conditions, and rural distress. The 7.8% figure will feed into assessments of fiscal stance, monetary policy, and credit growth going forward. The political reactions underline how macroeconomic indicators are increasingly central to public discourse and electoral narratives.

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In which quarter did India record 7.8% GDP growth, as highlighted by the government in 2026?

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Current Affairs by JobSafal