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, GOVERNANCE, POLITY, DIPLOMACY.

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SCIENCE TECH

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.[1][2] 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.[1][2] 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.[1][2] The satellite’s advanced imaging payloads are expected to significantly enhance India’s indigenous Earth observation capabilities and reduce reliance on foreign data.[1][2] This mission further validates ISRO’s GSLV platform for operational geosynchronous launches, complementing the PSLV and LVM3 fleets.[1][2] The successful deployment also strengthens India’s position in the global space sector, with potential for commercial services based on EOS-05 data.[1][2] The launch adds to India’s growing constellation of remote sensing satellites in different orbits, improving temporal coverage over the subcontinent.[1][2] ISRO termed the mission a key step in building next-generation imaging satellites tailored to national developmental priorities.[1][2]

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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.[6][11][14] Finance Minister Nirmala Sitharaman stated that India remains the fastest-growing major economy, attributing the performance to domestic demand, investment, and government reforms.[11][8] The BJP hailed the numbers as evidence of economic resilience, while the Congress questioned the quality of growth and raised concerns about employment generation.[14] 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.[8] The data coincide with strong industrial production and continued buoyancy in services, helping maintain momentum at the start of FY27.[8][13] At the same time, debates continue on inclusiveness of growth, labour market conditions, and rural distress.[14][8] The 7.8% figure will feed into assessments of fiscal stance, monetary policy, and credit growth going forward.[11][8] The political reactions underline how macroeconomic indicators are increasingly central to public discourse and electoral narratives.[14]

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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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