1 India’s GDP growth forecast raised to 7% for 2026-27 by S&P Global Ratings
S&P Global Ratings on Wednesday raised India’s GDP growth forecast for the fiscal year 2026-27 to 7 percent, citing several positive factors . The previous estimate was 6.6 percent. . The rating agency said that this improvement in India’s GDP outlook is due to strong industrial activity, better consumption, robust merchandise exports and pick-up in government investment. S&P Global Ratings said in its report, “Economic growth in the June quarter exceeded our expectations due to several factors. As a result, we have raised our GDP growth forecast for the current fiscal year ending March 31, 2027 to 7.0 percent from the earlier 6.6 percent.”
2 President Draupadi Murmu inaugurated the ‘Global Spiritual Palace Retreat Centre’ of Brahma Kumaris in Vadodara, Gujarat
3 Fitch Ratings raises India’s GDP growth forecast to 6.9% from 6.4%
Fitch Ratings has raised its forecast for India’s gross domestic product (GDP) growth for the current fiscal year to 6.9% from 6.4% . In its Global Economic Outlook released in June, the agency attributed this increase to strong first-quarter growth and the robustness of the Indian economy. However, Fitch expects economic momentum to slow in the second half of the fiscal year. Fitch also estimates that the Reserve Bank of India may raise interest rates by 25 basis points at its monetary policy meeting in October, citing strong domestic demand, rising prices, and supply-side headwinds. Consumer spending growth is expected to slow to 5.7% in fiscal year 2027, compared to 7.2% in the previous fiscal year. Fitch estimates that India’s GDP growth will further decline to 6.5% in fiscal year 2028, while inflation could rise to 5.5% by December 2026.
4 ADB raises India’s economic growth forecast, projects 7% GDP growth in 2026
The Asian Development Bank (ADB) on Wednesday raised its GDP growth forecast for India in 2026 (fiscal year 2026-27) to 7.0 percent. This is 40 basis points higher than the previous estimate of 6.6 percent in July . In a statement, the ADB said that the growth forecast for South Asia this year has been raised to 6.4 percent from 6 percent in July. The key reasons for this are “strong public investment in India and strengthening exports.” However, according to the report, economic growth in the developing Asia and Pacific region is projected to decline from 5.5 percent in 2025 to 5 percent this year. Growth may then rise slightly to 5.1 percent in 2027 (fiscal year 2027-28). This forecast for 2026 is 0.1 percentage points higher than the previous scenario released in July. ADB President Masato Kanda said, “The region remains resilient so far, but risks are increasing.”
5 Savita became the first Indian player to play the most international matches
On September 22 , Savita Punia became the player with the most international appearances in Indian women’s hockey history . To honor Savita’s contributions, Hockey India announced a cash reward of ₹10 lakh (approximately $1.5 million USD ). She surpassed former India striker Vandana Katariya ‘s record of 320 senior international matches . She achieved this feat during India’s Pool B match against Indonesia at the ongoing Asian Games in Japan . She has earned the nickname ” The Wall of India” in the hockey world due to her ability to block shots in open play and her unflappable performance in penalty shootouts. Savita has participated in several important tournaments, including three Olympics, two Asian Games, the Commonwealth Games, the Asian Champions Trophy, and the FIH Pro League.
6 Asian Games: Mirabai Chanu wins silver medal in weightlifting
Olympic medallist Mirabai Chanu won her first Asian Games medal , winning a silver medal in the women’s 49 kg weightlifting event at the Asian Games in Japan . This took India’s medal tally to nine. Chanu lifted a total of 198 kg , including 87 kg in snatch and 111 kg in clean and jerk . Her silver medal ended India’s 28-year wait for an Asian Games appearance in weightlifting. North Korea’s Ri Song-Gum won the gold medal with a lift of 215 kg , while Indonesia’s Luluk Diana Tri Wijayana won the bronze medal with a lift of 191 kg.
7 Asian Games: Soft tennis player Jai Meena won a historic bronze medal in the men’s singles event
India’s Jai Meena created history on Wednesday by winning the country’s first medal in soft tennis at the Asian Games . Meena won the bronze medal after losing to Japan’s Takuya Kurosaka in the men’s singles semi-finals . Meena has also represented India at the 2018 and 2022 Asian Games. He previously won a bronze medal in the mixed doubles event at the 2024 World Soft Tennis Championships.
8 Indian women’s skeet team wins bronze medal at Asian Games
The women’s skeet team of Raiza Dhillon , Maheshwari Chauhan and Parinaaz Dhaliwal won the bronze medal with a combined score of 331 in Nagoya on Wednesday, India’s sixth medal in the Asian Games shooting competition . In the skeet event, each shooter has to score a maximum of 125 points. Parinaaz and Raiza both shot 111 out of 125, while Maheshwari scored 109 to secure a podium finish. India has thus far won four silver and two bronze medals in shooting.
9 Asian Games 2026: Men’s badminton team wins bronze medal
The Indian men’s badminton team had to settle for a bronze medal at the Asian Games 2026. India lost 1-3 to China in the semi-final on Wednesday , ending India’s campaign in the tournament. However, despite this, the Indian team managed to win a bronze medal. This is the second time India has secured a podium finish in badminton at the Asian Games. India’s last medal came at the Asian Games 2023, where Satwiksairaj Rankireddy and Chirag Shetty won the gold medal in men’s doubles. Defeating hosts Japan in the quarter-finals, India reached the semi-finals and secured the country’s first Asian Games medal in the men’s team event.
10 International Day of Sign Languages
International Sign Language Day is celebrated on September 23rd to raise awareness about the importance of sign language in ensuring the human rights of deaf people . This year’s theme is ” Declaration on the Human Rights of Deaf Persons .” The World Federation of the Deaf is also celebrating International Week of the Deaf until September 27th, focusing on inclusive education, accessibility, deaf culture, and participation. This day is also special this year because it marks the 75th anniversary of the World Federation of the Deaf and 20 years since the adoption of the United Nations Convention on the Rights of Persons with Disabilities . The United Nations General Assembly declared September 23rd as International Sign Language Day in 2017.