01 Governance & the Union Cabinet
• 1 September — Ministry of Electronics and Information Technology. Semicon 2.0 notified at ₹1,27,500 crore across six pillars — chip design; machines and materials; fabrication; assembly, testing, marking and packaging; research and development; and talent. The instrument set includes seed funding, equity co-investment, royalty financing, deployment-linked incentives, production-linked incentives and pari passu fiscal support.
• 5 September — Rashtrapati Bhavan. The President conferred the National Teachers Awards on forty-eight school teachers at Vigyan Bhawan.
• 4 September — Parliament. A joint committee was constituted on the Bill governing foreign contributions — a compliance question for every foreign-funded entity operating in India.
02 Economy, GDP & public finance
• 31 August — National Statistics Office. Real GVA grew 8.2 per cent and nominal GVA 11.5 per cent in Q1 FY 2026-27. Real GVA ₹73,82,453 crore; net taxes grew a much slower 3.9 per cent in real terms, which is why GDP growth (7.8 per cent) sits below GVA growth.
• 31 August — National Statistics Office. Tertiary sector 10.0 per cent, led by financial, real estate, ownership of dwelling, IT and professional services at 12.1 per cent; secondary 8.6 per cent with manufacturing 9.2 per cent, electricity and utilities 8.9 per cent, construction 7.7 per cent; primary 2.9 per cent, with mining and quarrying contracting 2.4 per cent in real terms even as its nominal value rose 22.3 per cent — a price effect, not a production one.
• 1 September — Ministry of Finance. Gross GST ₹1,99,853 crore for August, up 14.8 per cent; net ₹1.68 lakh crore, up 8.3 per cent, the gap explained by refunds rising 67.9 per cent to ₹31,795 crore. April–August gross ₹10,42,757 crore, up 11.0 per cent on ₹9,39,724 crore, recomputed here.
• 31 August — National Statistics Office, Annexure. On the revenue indicators: customs duty up 36.1 per cent year on year, net CGST up 4.8 per cent, union excise down 22.4 per cent, and fertiliser subsidy up 57.6 per cent — the last a live line item for the fiscal arithmetic of the full year.
03 Markets, banking & insurance
• 4 September — Reserve Bank of India. Reserves at a record $740.8 billion for the week ended 28 August, up $11.48 billion. FCA rose $9.337 billion to $600.670 billion; gold rose $2.191 billion to $116.409 billion; SDRs fell $43 million to $18.810 billion; the IMF reserve position fell $11 million to $4.914 billion. The prior week’s level, recomputed, is $729.32 billion — consistent with the $729.33 billion reported a week earlier.
• 3 September — Japan Credit Rating Agency. Sovereign rating lifted one notch to ‘A−’; country ceiling set at ‘A’. The ceiling, not the rating, is what binds an Indian issuer’s own rating in international markets.
• Week to 3 September — Reserve Bank of India. The special USD–INR swap window, running since June, closed on a cumulative draw of about $136 billion, of which the overwhelming share was household money through FCNR(B) deposits — a reserve build financed by the diaspora rather than by portfolio flows.
• Week to 4 September —BSE and NSE. Sensex 76,515.43, down about 0.97 per cent on the week; Nifty 50 23,897.70, down 1.15 per cent; Friday’s session snapped a four-day fall. The rupee posted its largest single-session gain since June on 4 September.
• 5 September — National Financial Reporting Authority. An audit-quality advisory committee constituted — relevant to every listed issuer’s audit committee.
04 Industry, manufacturing & MSME
• 1 September — Office of the Economic Adviser, DPIIT. The Index of Core Industries rebased and widened from eight industries to nine: iron ore added, steel counted gross, coal counted once. The old series is discontinued; the bridge factor between old and new is 1.47; the release date moves to the twentieth of the month. Core index growth for 2025-26 on the new series: 3.0 per cent.
• 31 August — NSO Annexure. IIP electrical equipment up 27.0 per cent, other transport equipment 19.5 per cent, capital goods 15.2 per cent, computer, electronic and optical products 12.4 per cent, machinery and equipment n.e.c. 9.1 per cent — capital goods leading a broad manufacturing recovery.
• 1 September — India Semiconductor Mission. All six pillars of Semicon 2.0 notified, including the first dedicated scheme for semiconductor equipment and materials, the segment where India’s import dependence is deepest.
05 Trade, exports & FTAs
• 31 August — NSO, Statement 4 and Annexure. Nominal exports of goods and services up 25.8 per cent, imports up 30.9 per cent in Q1. Within that: imports of machinery and equipment up 51.5 per cent, exports of transport goods up 52.2 per cent, exports of machinery and equipment up 31.9 per cent, imports of transport goods up 13.5 per cent.
• 2 to 4 September — Ministry of External Affairs and Ministry of Commerce and Industry. Belgian Prime Minister Bart De Wever’s visit — the first by a Belgian head of government in twenty years — covered diamonds, ports and logistics, clean energy and maritime and defence cooperation, with fifteen Belgian companies in the delegation and a Mumbai industry leg on 4 September.
• 4 September — Ministry of Commerce and Industry. A commercial attaché posted to Brussels, a standing trade presence alongside the European Union institutions.
• 5 September — Ministry of Commerce and Industry. The first working meeting under the India–European Union trade agreement framework, with four questions placed on the table.
06 Infrastructure, transport & urban development
• 31 August — NSO. Construction GVA up 7.7 per cent real and 16.5 per cent nominal — a construction deflator of about 8.2 per cent, the fastest sectoral price movement in the quarter and a live input-cost signal for every developer and contractor.
• 31 August — NSO Annexure. Cement production index up 8.9 per cent, finished steel consumption up 8.3 per cent, IIP infrastructure and construction goods up 7.2 per cent, goods transport vehicle registrations up 20.1 per cent, commercial vehicle sales up 18.3 per cent.
• 31 August — NSO Annexure. Railway passenger kilometres up 8.3 per cent; cargo at major ports up 6.2 per cent; but railway net tonne kilometres down 0.7 per cent, cargo at minor ports down 0.6 per cent, and scheduled international air passenger and cargo traffic down 19.5 per cent.
• 4 September — civil aviation. An order reported for forty turboprop aircraft for regional routes, the fleet class on which regional connectivity economics turn.
07 Energy, renewables & climate
• 31 August — NSO Annexure. IIP electricity up 9.3 per cent against −1.5 per cent a year earlier; natural gas consumption down 2.6 per cent; IIP fuel minerals down 4.5 per cent. The PPI for crude petroleum and natural gas rose 58.0 per cent year on year — the single largest price movement in the quarter and the reason the manufacturing deflator behaves oddly.
• 1 September — PNGRB and EESL. A memorandum on smart metering for piped natural gas, the billing infrastructure that determines whether a city gas distribution licence is financeable.
• 5 September — Comptroller and Auditor General. The audit of the Solar Energy Corporation of India recorded an enterprise resource planning system running beside the business rather than integrated into it; the corporation’s reply is on the same record.
08 Agriculture, rural development & cooperatives
• 31 August — NSO. Agriculture, livestock, forestry and fishing grew 3.6 per cent in real terms and 7.5 per cent nominal; total foodgrain output up 4.8 per cent, rice 6.2 per cent, wheat 0.5 per cent. The PPI for agriculture, forestry and fishing rose 4.98 per cent.
• 31 August — NSO Annexure. Fertiliser subsidy — urea and nutrient-based together — up 57.6 per cent year on year, following 47.4 per cent the year before. A two-year compounding that belongs in every full-year fiscal model.
• 3 September — Department of Consumer Affairs. The onion buffer moved by rail from Nashik to consuming markets, a price-management instrument used ahead of the seasonal spike rather than after it.
09 Health & pharmaceuticals
• 2 September — Indian Council of Medical Research. Three diagnostic technologies opened for transfer to industry under the Council’s licensing route — a manufacturing opportunity for the domestic in-vitro diagnostics industry.
• Week of 31 August — Department of Pharmaceuticals. India Pharma 2026 and the India Medical Device edition opened in New Delhi, with the Department’s Secretary setting the objective of India as a global hub for quality medical devices.
• 3 September — Ministry of External Affairs. Medical supplies and forensic kits formed part of India’s relief consignments to flood-hit Nepal.
10 Education, skilling & youth
• 5 September — Ministry of Corporate Affairs. Corporate Mitra opened with 2,879 learners in its first batch — compliance capacity aimed at the small companies that cannot afford to buy it in.
• 5 September — Rashtrapati Bhavan. Forty-eight teachers received the National Teachers Awards; 26 men and 22 women from 27 States, seven Union Territories and six central organisations.
• 5 September — Prime Minister’s Office. The Prime Minister addressed the centenary of Shri Ram College of Commerce, New Delhi.
• 1 September — India Semiconductor Mission. Talent is one of the six notified pillars of Semicon 2.0 — the first time skilling for the chip industry carries its own line in the scheme rather than riding on a fabrication incentive.
11 Science, space & technology
• 4 September — ISRO. GSLV-F17 lifted off from the second launch pad at Sriharikota at 2:55 AM and placed EOS-05 into sub-geosynchronous transfer orbit about nineteen minutes later, with vehicle performance better than the mission profile required.
• 4 September — ISRO. EOS-05 is India’s first imaging satellite designed to operate from geostationary orbit and is the successor to the lost GISAT-1/EOS-03. Continuous observation from a fixed point is a commercially different product from repeat-pass imagery: it sells time, not pictures.
• 5 September — CSIR. Seven CSIR technologies licensed to industry, and the Council’s Bharatiya Nirdeshak Dravya certified reference materials programme detailed — standards India previously imported.
• 4 September — CSIR-National Aerospace Laboratories. Micro gas turbine engines unveiled in Bengaluru; IIT Roorkee reported a multi-axial seismic test rig.
12 Defence & internal security
• 3 September — Department of Defence Production. Registrations opened for Aero India 2027, to be held at Air Force Station Yelahanka, Bengaluru, 8 to 12 February 2027 — the order book event for India’s aerospace supply chain.
• 2 to 4 September — Ministry of Defence. Belgium’s defence minister accompanied the Belgian Prime Minister, placing defence and maritime cooperation alongside the trade agenda.
• Week to 5 September — Indian Air Force. Successive C-130J sorties carried relief into Nepal under the Ministry of External Affairs’ humanitarian assistance programme.
13 Law, justice & Parliament
• 4 September — New Delhi. The BRICS Chief Justices’ Forum met in Delhi — a channel that shapes commercial dispute resolution practice across the member economies and is rarely reported as business news.
• 4 September — Parliament. A joint committee constituted on the foreign contributions Bill.
• Week to 5 September — Comptroller and Auditor General. Reports tabled covered the Green India Mission (2015-16 to 2024-25), Haryana State finances (Report No. 1 of 2026), and central public sector enterprises — the CPSE report counting 684 enterprises, with return on equity up 2.53 percentage points. Each finding is carried with the audited body’s reply.
14 Social welfare, women & child, tribal affairs
• 4 September — Ministry of Social Justice and Empowerment. Ten crore people reported to have taken the drug-free pledge under Nasha Mukt Bharat Abhiyaan.
• 4 September — Ministry of Labour and Employment. A special drive reported to have freed more than 3,800 children from work, with rehabilitation and schooling as the stated next step.
• 4 September — Ministry of Housing and Urban Affairs. NAMASTE cards distributed to waste pickers in Najafgarh, Delhi — formal identity being the precondition for any financial entitlement reaching a sanitation worker.
15 The States & the North East
• 3 September — Comptroller and Auditor General, Report No. 1 of 2026 (Haryana). The State finance audit tabled, setting out Haryana’s position in ratios — a document rating agencies and State-development-loan investors should read before the next auction.
• 1 September — Ministry of Panchayati Raj and BharatNet. 2.19 lakh panchayats reported service-ready; BharatNet scope widened to 6.4 lakh villages. Utilisation, not coverage, remains the binding constraint.
• 4 September — India Meteorological Department. An orange warning for Madhya Pradesh.
• 1 September — Sports Authority of India and Assam. A National Centre of Excellence for swimming reported for Assam.
16 Culture, heritage & tourism
• 4 September — Mumbai. The Belgian Prime Minister’s Mumbai leg took in the diamond trade — Antwerp’s cutting rooms and Surat’s polishing floors are two ends of one supply chain, and Gujarat’s share of it employs a workforce in the hundreds of thousands.
• 4 September — across India. Janmashtami observed nationally, with the associated domestic tourism and retail cycle around Mathura and Dwarka.
• 5 September — New Delhi. The centenary of Shri Ram College of Commerce marked with an address by the Prime Minister.
17 Sport
• 3 September — Dubai. India secured a Women’s T20 Asia Cup semi-final place with a 137-run win over Hong Kong China; the tournament runs in the United Arab Emirates from 28 August to 13 September 2026, with the India–Pakistan fixture on 5 September.
• 4 September — China Masters. Kidambi Srikanth reached the quarter-finals.
• 1 September — Sports Authority of India. A National Centre of Excellence for swimming announced for Assam.
18 India & the world
• 2 to 4 September — Ministry of External Affairs. Belgian Prime Minister Bart De Wever’s visit, the first by a Belgian head of government in two decades, with the defence minister and fifteen companies, a long bilateral meeting on 3 September and a Mumbai industry leg on 4 September.
• 3 September — Japan Credit Rating Agency. India’s sovereign rating raised to ‘A−’ with the country ceiling at ‘A’ — a change in how Indian issuers are priced in Japanese and wider Asian markets.
• Week to 5 September — Ministry of External Affairs. Successive Indian Air Force C-130J relief flights to flood-hit Nepal, the cumulative consignment passing 68 tonnes.
• 4 to 5 September — New Delhi. The BRICS Chief Justices’ Forum met in Delhi; the first working meeting under the India–European Union trade agreement framework was reported, with a commercial attaché now posted to Brussels.