Daily Current Affairs GK 03 September 2026

Current Affairs and GK updates 03/09/2026

Here is the Daily current affairs and GK updates of the day for UPSC,SSC,IBPS,RRB,NTPC and other competitive exams preparations.This updates particularly focus on news updates from 3rd September 2026.

National

• SEMICON India 2026 to be held in New Delhi:The fifth edition of SEMICON India will be held from 17–19 September 2026 at Yashobhoomi, New Delhi.Theme:“Silicon to Systems: Building the Ecosystem”.The event is jointly organised by the India Semiconductor Mission (ISM), MeitY and SEMI and aims to strengthen India's semiconductor and electronics ecosystem. On September 3, 2026, 

• Defence Minister Rajnath Singh released the ‘RAKSHA’ document, a landmark 10-year roadmap (2026–2036) designed to systematically integrate India’s defence diplomacy with its broader foreign policy, economic interests, and national security objectives. Coordinated by the Ministry of Defence (MoD) in tandem with the Ministry of External Affairs (MEA), this blueprint transitions India toward a proactive global security posture.
Mission Rangeen Machhli 2031 is a national strategic action plan launched on August 31, 2026, to organize, develop, and scale India's ornamental fisheries sector

International

• India and Belgium strengthen strategic partnership:Prime Minister Narendra Modi held delegation-level talks with Belgian Prime Minister Bart De Wever in New Delhi on 3 September 2026.The two countries agreed to deepen cooperation in defence, clean energy, critical minerals, semiconductors, start-ups, maritime affairs, education and research. India and Belgium also decided to strengthen the India–Belgium Business Forum and establish an Investment Fast-Track Mechanism for Belgian companies investing in India. The two sides are also working towards a Migration and Mobility Partnership Agreement.

• Türkiye Joins Artemis Accords: Türkiye officially signed the U.S.-led Artemis Accords at NASA headquarters, becoming the 71st signatory nation and the 7th West Asian country committed to peaceful and sustainable civil space exploration

Economy and Banking

• India's foreign-exchange reserves reach record level:India's foreign-exchange reserves stood at approximately $729.3 billion, after the country attracted around $136.4 billion through special measures and foreign-currency inflows.
• The increased reserves provide the Reserve Bank of India with greater capacity to manage exchange-rate volatility.In June, the Reserve Bank of India (RBI) rolled out a series of aggressive incentives to actively pull dollars into the banking system to cushion against global macroeconomic and geopolitical uncertainty (such as the Middle East conflict):
• FCNR Deposit Scheme:The Reserve Bank of India (RBI) ran a special concessional USD-INR forex swap facility that drove massive inflows past $127 billion, before closing the special window early on August 31, 2026.

Appointments

• First CEO for Ram Janmabhoomi Trust: Retired Air Marshal Jeetendra Mishra was appointed as the first full-time Chief Executive Officer (CEO) of the Shri Ram Janmabhoomi Teerth Kshetra Trust.

Sports and culture

• The International Cricket Council (ICC) has selected India as the host of the inaugural Women's Champions Trophy 2027.The tournament is scheduled for 14–28 February 2027.

Awards and recognition

• Tenzing Norgay National Adventure Awards 2024 announced.The awards recognise outstanding achievements by individuals in the field of adventure and seek to promote a spirit of endurance, risk-taking, teamwork and quick and effective decision-making in challenging situations. The awards are given in four categories, which are Land Adventure, Water Adventure, Air Adventure and Lifetime Achievement.
• Baljeet Kaur-Land Adventure
• Skalzang Rigzin -Land Adventure
• Rimo Saha -Water Adventure
• Shiv Prasad Chamoli -Lifetime Achievement

Science and Technology

• Agentic AI Skilling Initiative: The National Institute of Electronics and Information Technology (NIELIT) teamed up with Intel India to roll out Agentic AI Skilling Programs, targeting training for youth in autonomous, goal-directed AI systems and reasoning models.
• Agentic AI is an artificial intelligence system that can independently plan, make decisions, and execute multi-step actions to achieve a goal with limited human guidance.Unlike traditional chatbots or standard generative AI that simply respond to a single prompt, agentic AI operates in a continuous loop to solve complex tasks.

Days Observed

• 3 September – Skyscraper Day:Skyscraper Day is observed on 3 September, associated with the birth anniversary of architect Louis H. Sullivan, often regarded as the “father of the skyscraper.”Louis Sullivan was an influential American architect associated with the development of modern skyscraper architecture.
• 3 September Merchant Navy Day: Observed internationally on September 3 to honor merchant seafarers and recognize their contribution to global maritime trade.

Static GK for exam preparations

• FCNR Deposit:An FCNR (Foreign Currency Non-Resident) deposit is a fixed-term investment account for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) denominated in specific foreign currencies rather than Indian rupees.
• Key features of FCNR Deposits
• Foreign Currency Denomination: Funds are kept in approved foreign currencies such as USD, GBP, EUR, JPY, CAD, and AUD, protecting your principal from rupee exchange rate fluctuations
• Tax-Free Earnings: Both the principal amount and the interest earned ondeposits are completely exempt from Indian income tax for non-residents.
• Full Repatriation: Principal and interest are fully and freely repatriable abroad.
• Tenure: Ranging from 1 year to a maximum of 5 years.

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