Daily Morning Brief (26 September): Top News Updates from India, world, Economy and Odisha

India

1. India Launches UN Maritime Safety Initiative to Protect Ships and Seafarers

India and Liberia have launched a new maritime safety initiative at the United Nations to strengthen protection for ships, seafarers and global trade routes. The move comes amid growing security concerns affecting international shipping and strategically important maritime corridors worldwide.

2. J&K Assembly Erupts Over Resolution Seeking Restoration of Statehood

The Jammu and Kashmir Assembly witnessed heated exchanges over a resolution seeking restoration of full statehood. The debate brought renewed focus on the region’s political status, governance arrangements and demands for restoring the constitutional position that existed before regional reorganisation.

World

3. Iran Awaits US Response on Proposal to Reopen Strait of Hormuz

Iran is awaiting a response from the United States to a proposal concerning the reopening of the Strait of Hormuz. Developments around the strategic waterway remain closely watched globally because disruptions could affect global energy supplies, shipping and international markets.

4. Trump-Xi Summit Ends With More Details on Trade Talks Expected

The Trump-Xi summit has concluded, with further details of the latest US-China trade discussions expected to emerge today. The talks are being closely monitored globally because decisions involving tariffs, trade access and economic cooperation could influence businesses and international markets.

5. Nearly 70 Delegations Walk Out During Netanyahu’s UN Address

Nearly 70 delegations reportedly left the United Nations General Assembly chamber as Israeli Prime Minister Benjamin Netanyahu began his address. The walkout highlighted deep international divisions over Israel’s policies and the ongoing conflict, drawing significant attention during the UN session.

Economy

6. Centre Cuts Second-Half FY27 Borrowing Plan by ₹1.2 Lakh Crore

The central government has reduced its planned second-half borrowing through government securities to ₹7.8 lakh crore. Despite the reduction, the government has retained its overall FY27 net market borrowing target at ₹11.73 lakh crore, according to the latest borrowing plan.

7. RBI Restores Nine-Month Deadline for Export Earnings Repatriation

The Reserve Bank of India has restored the nine-month deadline for exporters to bring export proceeds into the country. The change follows withdrawal of an earlier relaxation that had extended the permitted period to 15 months for eligible export transactions.

8. Actis Consolidates 11 Indian Road Assets Into $1 Billion Trust

Global investment firm Actis has consolidated 11 Indian road assets into an infrastructure investment trust valued at about $1 billion. The transaction brings multiple road projects under one structure and is expected to create a larger platform for infrastructure investment.

Odisha

9. Kalinga Ghat NH-157 Stretch Collapses After Heavy Rain in Odisha

A portion of National Highway-157 at Kalinga Ghat in Kandhamal district has collapsed following heavy rainfall. The damage has disrupted traffic movement along the important route, with authorities taking measures to restrict movement and assess the condition of the highway.

10. Odisha’s Mining Revenue Crosses ₹3 Lakh Crore in a Decade

Odisha’s mining revenue has crossed ₹3 lakh crore over the past decade, underscoring the sector’s major contribution to the state economy. The figures highlight the importance of mineral resources to government revenues, industrial activity, employment and infrastructure development nationwide.