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Daily Current Affairs: 1 October 2026

Current affairs of 1 October 2026: GST collections September 2026: Rs 2,03,521 crore, up 14.7%; HSBC India Manufacturing PMI hits 55.1 in September 2026; Index of Services Production July 2026: 17 of 19 sub-sectors grow, and 16 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)October 2026
19 TOPICSDaily CurrentAffairs1 October 2026In focus: GST collections September 2026: Rs…safalsetu.com

In this issue: 19 topics

National Affairs

  1. UPSC centenary: PM Modi addresses celebration at Bharat Mandapam
  2. AFSPA extended by six months in Manipur, Nagaland and Arunachal

Government Schemes

  1. BharatNet Maharashtra: ₹10,520 crore amended agreement signed
  2. Sabki Yojana Sabka Vikas 2026-27: special Gram Sabhas on 2 October

Banking & Finance

  1. RBI simplifies approval for MFs, insurers to raise stakes in banks
  2. Anup Bagchi to head HDFC Bank, Anup Kumar Saha to lead Kotak Bank
  3. UPI September 2026: 24.07 billion transactions worth ₹29.37 lakh crore
  4. NPS Tatkal: PFRDA launches UPI-based instant NPS account opening

Economy

  1. GST collections September 2026: Rs 2,03,521 crore, up 14.7%
  2. HSBC India Manufacturing PMI hits 55.1 in September 2026

International Affairs

  1. UNSC presidency: Greece takes the chair for October 2026
  2. Colombo Security Conclave: India hosts 9th Deputy NSA-level meeting

Agriculture & Rural

  1. Paddy procurement begins in Punjab with 180 LMT target; Haryana too

Environment & Ecology

  1. IMD: Monsoon 2026 ends at 87% of LPA; below-normal October rain likely

Defence & Security

  1. HQ IDS Silver Jubilee: 25 years of jointness, marked as Tri-Service Day
  2. Varuna 2026: INS Trishul joins 24th India-France naval exercise

Reports & Indexes

  1. Index of Services Production July 2026: 17 of 19 sub-sectors grow

Awards & Persons

  1. Asian Games 2026: India beat Pakistan 4-3, enter men’s hockey final
  2. International Day of Older Persons 2026: ‘The Age of Longevity’ theme

National Affairs

Polity & Governance

2. AFSPA extended by six months in Manipur, Nagaland and Arunachal

  • MHA notifications of 25 September 2026 extended AFSPA for six months, from 1 October 2026 to 31 March 2027.
  • Manipur: whole state covered except 13 police station areas in Imphal West, Imphal East, Thoubal, Bishnupur and Kakching.
  • Nagaland: nine full districts plus 21 police station areas in five other districts.
  • Arunachal Pradesh: Tirap, Changlang and Longding districts plus three police station areas in Namsai district.
  • AFSPA is a 1958 Union law for areas declared 'disturbed'.
Full notes and 3 MCQs ›

Government Schemes

Government Schemes

3. BharatNet Maharashtra: ₹10,520 crore amended agreement signed

  • An amended BharatNet agreement for Maharashtra was signed on 1 October 2026 at Sanchar Bhavan, New Delhi.
  • ₹10,520 crore has been approved, covering 28,237 gram panchayats and 15,799 villages on demand.
  • Over 9 lakh rural households are expected to get fibre connections.
  • MahaNET Digital Infrastructure Ltd (MDIL) is the implementing agency under the state-led model.
  • 15,171 gram panchayats will move from linear to ring topology in phase one.
Full notes and 3 MCQs ›

Banking & Finance

Banking & Finance

5. RBI simplifies approval for MFs, insurers to raise stakes in banks

  • RBI issued Amendment Directions on 1 October 2026 simplifying approval for subsequent acquisitions of major shareholding in banks.
  • The relaxation applies to mutual funds, insurance companies and pension funds.
  • Covered banks: commercial banks, small finance banks, payments banks and local area banks.
  • Draft released on 14 July 2026, with comments invited until 4 August 2026.
  • The directions took effect immediately.
Full notes and 3 MCQs ›
Economy

7. UPI September 2026: 24.07 billion transactions worth ₹29.37 lakh crore

  • UPI handled 24.07 billion transactions worth ₹29.37 lakh crore in September 2026.
  • Volume rose 23% and value rose 18% year-on-year; volume dipped 1.8% from August's 24.51 billion.
  • Average daily transactions reached 802 million, the first month above 800 million.
  • Average daily value stood at ₹97,913 crore, up from ₹96,205 crore in August.
  • NPCI's 0.4% MDR on specified P2M payments above ₹2,000 starts 15 October 2026.
Full notes and 3 MCQs ›
Banking & Finance

8. NPS Tatkal: PFRDA launches UPI-based instant NPS account opening

  • PFRDA launched NPS Tatkal, a UPI-linked instant NPS account opening facility, on 1 October 2026.
  • It aims to add 3 crore new NPS subscribers within two years.
  • NPS and Atal Pension Yojana together crossed 10 crore subscribers by September 2026; AUM is about ₹18 lakh crore.
  • From 1 October 2026, PoP onboarding costs ₹200 per PRAN (₹100 digital) plus 0.20% a year of AUM.
  • PFRDA Chairperson is S Ramann.
Full notes and 3 MCQs ›

Economy

Economy

9. GST collections September 2026: Rs 2,03,521 crore, up 14.7%

  • Gross GST for September 2026 stood at Rs 2,03,521 crore (about Rs 2.04 lakh crore), 14.7% higher year on year.
  • Import GST grew 25.9% to Rs 65,525 crore, while domestic GST rose 10.1% to Rs 1.38 lakh crore.
  • Refunds fell 3% to Rs 27,001 crore; net GST rose 18.1% to Rs 1.77 lakh crore.
  • April-September 2026 gross GST reached Rs 12,46,278 crore, up 11.6%.
  • Maharashtra collected the most (Rs 29,986 crore); Assam posted 88% growth, the fastest among major states.
Full notes and 3 MCQs ›
Economy

10. HSBC India Manufacturing PMI hits 55.1 in September 2026

  • HSBC India Manufacturing PMI rose to 55.1 in September 2026 from a final 52.8 in August.
  • The flash estimate for September was 55.7; the final reading came in lower.
  • It was a seven-month high, the best since February 2026 (56.9).
  • New export orders rose with demand from Brazil, Europe, the UAE and the US.
  • Factory hiring picked up at the quickest pace since May 2026.
Full notes and 3 MCQs ›

International Affairs

International Relations

12. Colombo Security Conclave: India hosts 9th Deputy NSA-level meeting

  • India hosted the ninth Deputy NSA-level meeting of the Colombo Security Conclave virtually on 30 September 2026.
  • Deputy NSA (Strategic Affairs) Pavan Kapoor led India's delegation.
  • The meeting reviewed the Roadmap for Cooperation and Activities for 2025-26.
  • CSC members: India, Sri Lanka, Maldives, Mauritius, Bangladesh and Seychelles.
  • The 7th NSA-level meeting was held in New Delhi on 20 November 2025.
Full notes and 3 MCQs ›

Agriculture & Rural

Economy

13. Paddy procurement begins in Punjab with 180 LMT target; Haryana too

  • Punjab began paddy procurement on 1 October 2026 with a target of 180 lakh metric tonnes at 1,886 centres.
  • The Centre sanctioned a cash credit limit of ₹42,786.68 crore for Punjab.
  • Haryana advanced its procurement start to 30 September 2026; high moisture slowed purchases.
  • MSP for 2026-27: common paddy ₹2,441 per quintal, Grade A ₹2,461 per quintal.
  • Arhtiyas' commission is capped at ₹50.74 per quintal.
Full notes and 3 MCQs ›

Environment & Ecology

Environment & Ecology

14. IMD: Monsoon 2026 ends at 87% of LPA; below-normal October rain likely

  • All-India June-September 2026 rainfall was 759.4 mm, 87% of the Long Period Average, per IMD.
  • It was the 13th lowest since 1901 and fourth lowest since 2001.
  • East and Northeast India recorded their lowest monsoon rainfall since records began in 1901.
  • October 2026 rainfall for the country is likely below normal (under 85% of LPA).
  • October-December rainfall over South Peninsular India is likely normal (88-112% of LPA).
Full notes and 3 MCQs ›

Defence & Security

Defence & Security

15. HQ IDS Silver Jubilee: 25 years of jointness, marked as Tri-Service Day

  • HQ Integrated Defence Staff (HQ IDS) was raised in New Delhi on 1 October 2001.
  • Its Silver Jubilee on 1 October 2026 was observed as Tri-Service Day.
  • CDS General N.S. Raja Subramani and CISC Air Marshal Tejinder Singh attended the celebrations.
  • A deliberation titled 'Trishakti Manthan' focused on future readiness through jointness and integration.
  • A Silver Jubilee book and a film were released; CDS Unit Citations were presented.
Full notes and 3 MCQs ›
International Relations

16. Varuna 2026: INS Trishul joins 24th India-France naval exercise

  • Varuna is the bilateral maritime exercise between the Indian and French navies; 2026 marked its 24th edition.
  • Indian frigate INS Trishul reached Toulon, France on 22 September 2026.
  • French units at sea: frigates Forbin and La Fayette, submarine Suffren, NH90 helicopters and Atlantique 2 aircraft.
  • Drills covered anti-submarine, anti-surface, live firing and cross-deck helicopter landings.
  • The exercise began in 1993 and was named Varuna in 2001.
Full notes and 3 MCQs ›

Reports & Indexes

Economy

17. Index of Services Production July 2026: 17 of 19 sub-sectors grow

  • NSO under MoSPI released the Index of Services Production for July 2026 on 30 September 2026.
  • The index uses base year 2024-25, tracks 19 sub-sectors and is still experimental.
  • 17 of 19 sub-sectors grew; administrative and support services led with 20.9%.
  • Air transport (-8.4%) and repair services (-5.0%) were the only declines.
  • The monthly ISP was launched on 14 July 2026 to complement the IIP.
Full notes and 3 MCQs ›

Awards & Persons

Sports

18. Asian Games 2026: India beat Pakistan 4-3, enter men’s hockey final

  • India beat Pakistan 4-3 in the men's hockey semi-final at Kakamigahara, Gifu on 1 October 2026.
  • Nitesh Siwach won silver in men's 97kg Greco-Roman, losing 0-4 to Japan's Yuri Nakazato.
  • Manu Francis and Prince Noble won silver in sailing's men's skiff.
  • India won bronze in the men's 4x400m relay, men's compound individual archery and women's squash team.
  • India's women's hockey team beat South Korea 2-0 and will face China in the final.
Full notes and 3 MCQs ›
Government Schemes

19. International Day of Older Persons 2026: ‘The Age of Longevity’ theme

  • International Day of Older Persons is observed every year on 1 October.
  • 2026 theme: 'The Age of Longevity: Rethinking Systems for Longer Lives'; it is the 36th observance.
  • UNGA created the day in 1990 by resolution 45/106; it was first observed in 1991.
  • The UN expects people aged 60+ to grow from 1.2 billion to 2.1 billion by 2050.
  • Under Rashtriya Vayoshri Yojana, 662 devices will go to 114 seniors on 2 October 2026.
Full notes and 3 MCQs ›

Test yourself

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