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NEW Hindustan Times Sat 12 Sep 2026 12:12:21 AM

Putin’s G7 swipe goes viral: BRICS claims 40% of world GDP as the West’s power slips away on display

SUMMARY
Russian President Vladimir Putin took a swipe at the G7, claiming the BRICS bloc now accounts for roughly 40% of global GDP, surpassing the Western-led group's economic share. Putin used the statement to highlight the declining dominance of Western economies and the rising influence of BRICS nations—Brazil, Russia, India, China, and South Africa—along with new members like Egypt and Ethiopia. The remarks went viral, sparking global debate about shifting power dynamics and the erosion of Western-led economic governance.
Relevent For: Prelims + Mains GS - II International Relations
Focus Area BRICS G7 Global South Multipolar World Order Global Governance
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Internal Security
⏱️

Consider the following statements regarding the Prevention of Money Laundering Act (PMLA), 2002:
1. Money laundering under PMLA is treated as an independent offence, but requires the existence of a
scheduled (predicate) offence.
2. The Financial Intelligence Unit – India (FIU-IND) is the national agency responsible for receiving,
processing, and analyzing financial transaction reports related to suspected money laundering.
3. Burden of proof in PMLA proceedings lies on the prosecution to prove the accused's guilt beyond
reasonable doubt.

Which of the statements given above are correct?


  • a
  • b
  • c
  • d
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Mains 2026 GS - I — Ancient History 10 marks ~150 words

Analyze the importance of Ashokan inscriptions for reconstructing Mauryan history.

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NEW Hindustan Times Sat 12 Sep 2026 12:12:21 AM

Putin’s G7 swipe goes viral: BRICS claims 40% of world GDP as the West’s power slips away on display

SUMMARY
Russian President Vladimir Putin took a swipe at the G7, claiming the BRICS bloc now accounts for roughly 40% of global GDP, surpassing the Western-led group's economic share. Putin used the statement to highlight the declining dominance of Western economies and the rising influence of BRICS nations—Brazil, Russia, India, China, and South Africa—along with new members like Egypt and Ethiopia. The remarks went viral, sparking global debate about shifting power dynamics and the erosion of Western-led economic governance.
Relevent For: Prelims + Mains GS - II International Relations
Focus Area BRICS G7 Global South Multipolar World Order Global Governance
NEW The Economic Times Fri 11 Sep 2026 11:51:14 PM

Boeing spent $67,000,000 of its own money on the YF-118G Bird of Prey stealth aircraft with borrowed landing gear and ejection seat. It flew just 38 times

SUMMARY
Boeing's YF-118G Bird of Prey was a secretive stealth technology demonstrator developed between 1996 and 1999 at the Phantom Works facility in Area 51, Nevada. Named after the Klingon vessel from Star Trek, the aircraft was built for just $67 million of Boeing's own funds—remarkably cheap by defense standards. To cut costs, engineers borrowed landing gear from a Cessna and an ejection seat from another aircraft. The Bird of Prey flew only 38 times, testing revolutionary stealth techniques including radar signature reduction and visual camouflage. Its innovations influenced future designs like the X-45 drone. The program remained classified until 2002.
Relevent For: Prelims + Mains GS - III Science & Technology
Focus Area Stealth Technology Experimental Aircraft Aerospace Technology Defence R&D Military Innovation
NEW Forbes India Fri 11 Sep 2026 11:51:07 PM

Tech firms need to be fair to the jurisdictions they earn their profits in: FM

SUMMARY
India's Finance Minister emphasized that global technology companies must pay fair taxes in countries where they generate revenue. The statement addresses concerns over tech giants routing profits through low-tax jurisdictions, depriving developing nations of rightful tax income. The FM advocated for equitable digital taxation frameworks, supporting international efforts like the OECD's global minimum tax initiative. India has already implemented measures like the equalization levy to tax digital transactions. The FM stressed that as digitalization grows, tax structures must evolve to ensure no country loses its fair share of revenue from tech firms operating within its borders.
Relevent For: Prelims + Mains GS - III Economy
Focus Area Digital Economy Taxation Tech Companies Profit Allocation Global Tax Governance
NEW The Economic Times Fri 11 Sep 2026 11:30:08 PM

Diesel prices are hitting record highs at a bad time for many US farmers

SUMMARY
US diesel prices have surged to record highs, severely impacting American farmers during peak planting season. Diesel fuels tractors, harvesters, and transport trucks essential to agriculture. Rising costs squeeze already thin profit margins, threatening food production and supply chains. The spike stems from global supply disruptions, refinery capacity issues, and the Russia-Ukraine conflict reducing exports. Farmers face tough choices: absorb costs, reduce acreage, or pass expenses to consumers, potentially driving food prices even higher nationwide.
Relevent For: Prelims + Mains GS - III Economy
Focus Area Energy Prices Agricultural Costs Inflation Global Oil Supply Farm Economy
NEW News 18 Fri 11 Sep 2026 11:30:03 PM

Putin’s Delhi Test: Can India-Russia Trade Move Beyond Oil And Weapons?

SUMMARY
Russian President Vladimir Putin's recent engagement with India highlights the challenge of diversifying bilateral trade, which remains heavily dominated by Russian oil imports and Indian weapons purchases. India has become Russia's top oil buyer since Western sanctions over Ukraine, while Russia remains India's largest arms supplier. Both nations aim to expand cooperation in technology, agriculture, and manufacturing, but structural barriers, payment mechanism issues, and Western pressure complicate progress. India walks a diplomatic tightrope, balancing its strategic partnership with Russia against ties with the US and Europe.
Relevent For: Prelims + Mains GS - II International Relations
Focus Area India-Russia Trade Energy Security Defence Cooperation Trade Diversification Strategic Partnership
NEW Forbes India Fri 11 Sep 2026 11:12:13 PM

This Week in AI: The divide over AI's pace grows wider

SUMMARY
The AI industry is increasingly split over development speed. Tech leaders like Sam Altman push for rapid advancement, while critics—including prominent researchers and ethicists—warn that rushing AI development risks safety, job displacement, and misuse. Concerns center on insufficient regulation, lack of transparency, and potential existential threats. Governments worldwide are struggling to keep pace with legislation. Meanwhile, companies race to deploy powerful models, deepening tensions between innovation advocates and those demanding caution, accountability, and robust safeguards before further scaling.
Relevent For: Prelims + Mains GS - III Science & Technology
Focus Area Artificial Intelligence AI Safety AI Governance Emerging Technology Technological Risks
NEW The Times Of India Fri 11 Sep 2026 10:51:15 PM

PM Modi, Putin, Pezeshkian in single frame: Why this Brics photo may unsettle Trump

SUMMARY
The viral BRICS summit photo from Kazan, Russia (October 2024) captured PM Modi, Russian President Putin, and Iranian President Pezeshkian standing together, symbolizing growing multipolarity. This image may unsettle Trump as it signals key nations building alliances outside US influence. India, despite being a US strategic partner, engaged with sanctioned Russia and Iran. The optics challenge US diplomatic isolation strategies against Moscow and Tehran, highlighting BRICS' expanding clout as a counterweight to Western-led global order.
Relevent For: Prelims + Mains GS - II International Relations
Focus Area BRICS India-Russia-Iran Relations Global South Multipolar World Order Geopolitics
NEW The Hindu Fri 11 Sep 2026 10:51:02 PM

Three persons detained in connection with rescue of orangutans in Odisha

SUMMARY
Three individuals were detained in Odisha in connection with the illegal possession and trafficking of orangutans, a critically endangered species not native to India. Authorities conducted a rescue operation, recovering the orangutans believed to be smuggled for illegal wildlife trade. The suspects were apprehended by forest officials and police working in coordination. Orangutans are protected under international wildlife laws, including CITES. An investigation is underway to uncover the larger smuggling network involved in this crime.
Relevent For: Prelims + Mains GS - III Environment & Ecology
Focus Area Wildlife Conservation Orangutan Biodiversity Wildlife Protection Act Illegal Wildlife Trade
NEW The Hindu Fri 11 Sep 2026 10:30:03 PM

SFI alleges police vendetta after leaders handcuffed in court

SUMMARY
The Students' Federation of India (SFI) accused police of carrying out a vendetta against its leaders after several members were handcuffed inside a court premises. The incident sparked outrage, with SFI condemning the action as an attempt to intimidate and suppress student activism. The organization demanded strict action against the officers involved, calling the handcuffing unnecessary and a violation of human rights. SFI leaders stated the arrests were politically motivated, linked to their recent protests. The party plans legal action and widespread demonstrations against police highhandedness.
Relevent For: Prelims + Mains GS - II Polity & Governance
Focus Area Police Accountability Fundamental Rights Rule of Law Criminal Justice System Human Rights
NEW Mint Fri 11 Sep 2026 10:12:12 PM

India’s 7.8% Q1 GDP growth ‘above our expectations’, says IMF amid energy price shock

SUMMARY
India's Q1 GDP growth of 7.8% surpassed IMF expectations, demonstrating resilience amid global energy price shocks driven by the Russia-Ukraine conflict. The IMF acknowledged India's strong economic momentum despite rising crude oil and commodity prices, which strained fiscal and trade balances. High inflation and a weakening rupee posed challenges, yet robust domestic demand, services sector growth, and government capital expenditure supported the economy. The IMF maintained India's position as one of the fastest-growing major economies globally.
Relevent For: Prelims + Mains GS - III Economy
Focus Area GDP Growth Economic Resilience Energy Prices IMF Indian Economy
NEW The Hindu Fri 11 Sep 2026 09:51:08 PM

Border tensions in Arunachal, economic issues set to dominate Modi-Xi bilateral

SUMMARY
Prime Minister Modi and President Xi Jinping are set for a crucial bilateral meeting where border tensions in Arunachal Pradesh and economic concerns will dominate discussions. China continues to claim Arunachal as its territory, causing recurring friction. Recent military standoffs along the LAC have heightened tensions. On the economic front, trade imbalance, restrictions on Chinese investments, and app bans remain key issues. Both leaders aim to stabilize ties, seeking diplomatic solutions while safeguarding national interests amid growing geopolitical rivalry.
Relevent For: Prelims + Mains GS - II International Relations
Focus Area India-China Relations Arunachal Pradesh Border Dispute Bilateral Trade Strategic Relations
NEW Forbes India Fri 11 Sep 2026 09:12:13 PM

This week in Aviation: Drug tests for all pilots, Adani to raise $1 billion

SUMMARY
**Aviation News This Week**

India's DGCA has mandated drug testing for all pilots, extending beyond alcohol checks to ensure safer skies. Random and pre-employment drug screenings will now be enforced, addressing growing safety concerns after recent incidents involving impaired crew members. Meanwhile, the Adani Group plans to raise approximately $1 billion to fund its ambitious aviation infrastructure expansion, including the development of Mumbai's Navi Mumbai International Airport and modernization of other airports under its portfolio, boosting India's aviation growth.
Relevent For: Prelims + Mains GS - III Internal Security
Focus Area Aviation Safety Pilot Drug Testing Civil Aviation Regulation Airport Infrastructure Aviation Security
NEW The Hindu Fri 11 Sep 2026 09:12:02 PM

Keralam Forest department agrees to diversion of forestland for Sathram airstrip

SUMMARY
The Kerala Forest Department has given its consent for the diversion of forestland required for the construction of the Sathram airstrip in Sabarimala. This decision aims to improve connectivity for pilgrims visiting the renowned Ayyappa temple. The airstrip project has been long-pending, intended to ease travel difficulties faced by devotees, especially during the annual pilgrimage season. The forest clearance is a significant step, though further environmental and central government approvals are still required before construction begins.
Relevent For: Prelims + Mains GS - III Environment & Ecology
Focus Area Forest Land Diversion Forest Conservation Environmental Clearance Protected Areas Infrastructure Development
NEW The Hindu Fri 11 Sep 2026 08:51:13 PM

Bank employees observe all-India strike over long-pending demands

SUMMARY
Bank employees across India staged a nationwide strike, disrupting banking services significantly. The strike was called by the United Forum of Bank Unions (UFBU), representing nine unions, over long-pending demands including a five-day work week, adequate recruitment to fill vacancies, wage revision, and halting privatization of public sector banks. ATM services and online banking remained partially functional. The strike impacted cheque clearances, loan approvals, and cash transactions, causing inconvenience to millions of customers nationwide.
Relevent For: Prelims + Mains GS - III Economy
Focus Area Banking Sector Labour Relations Bank Unions Financial Services
NEW News 18 Hindi Fri 11 Sep 2026 08:51:08 PM

'BRICS Is Not Anti-West, We Need Other Options': Shashi Tharoor Rejects De-Dollarisation Push

SUMMARY
Congress MP Shashi Tharoor stated that BRICS is not an anti-Western bloc but a platform for developing nations seeking alternative options in global governance. He rejected the push for de-dollarisation, emphasizing that replacing the US dollar as the global reserve currency is neither practical nor the alliance's goal. Tharoor argued BRICS aims to give emerging economies a stronger voice in institutions dominated by Western powers. He stressed multilateral cooperation over confrontation, advocating for a more balanced global order without undermining existing systems.
Relevent For: Prelims + Mains GS - II International Relations
Focus Area BRICS De-dollarisation Global Financial System US Dollar Multipolar World Order

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