Daily Current Affairs- 10th September 2026

Daily Current Affairs- 10th September 2026

India’s Carbon Credit Scheme Gets UK Nod for Exporters

In the News: The United Kingdom has recognised India’s Carbon Credit Trading Scheme (CCTS) as a qualifying carbon-pricing mechanism under its Carbon Border Adjustment Mechanism (CBAM). The decision can reduce the carbon-tax burden on eligible Indian exports by giving credit for the carbon price already paid in India, subject to UK verification rules.

Key Points:

• UK Recognition under CBAM: The Indian CCTS has been included in the UK’s list of qualifying carbon-pricing schemes. This allows the carbon price paid in India to be considered while calculating the UK CBAM liability on eligible imports.
• Relief for Indian Exporters: The recognition is particularly important for carbon-intensive exports such as iron and steel, aluminium, cement and fertilisers. It reduces the possibility of the same emissions effectively facing carbon-related charges in both India and the UK.
• About India’s CCTS: India notified the Carbon Credit Trading Scheme in 2023 under the Energy Conservation Act, 2001, following amendments made in 2022. The Bureau of Energy Efficiency (BEE), under the Ministry of Power, plays a major role in developing the Indian Carbon Market framework.
• Two Mechanisms under CCTS: The Indian carbon market includes a compliance mechanism for obligated energy-intensive industries and an offset mechanism for voluntary greenhouse-gas reduction projects. Carbon Credit Certificates can be issued and traded through the market framework.
• UK CBAM from 2027: The UK CBAM will take effect from January 1, 2027. It covers specified goods from the aluminium, cement, fertiliser, hydrogen, and iron and steel sectors, with the broader objective of preventing “carbon leakage.”

BRICS and the dragon in the room: How China’s economy dwarfs the rest, in 4 charts

In the News: Ahead of the 18th BRICS Summit in New Delhi on September 12-13, 2026, an economic comparison has highlighted the enormous gap between China and other BRICS economies. China’s economic weight has grown so significantly that its GDP is now more than twice that other four pre-expansion BRICS members.

Key Points:

• BRICS Summit 2026: India is hosting the 18th BRICS Summit in New Delhi on September 12-13, 2026. The grouping currently comprises 11 countries: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, UAE, Saudi Arabia (listed as a member by the BRICS Chair, though Riyadh has not formally confirmed joining) and Indonesia.
• China’s Economic Dominance: In 2006, China’s economy was smaller than the combined economies of Brazil, Russia, India and South Africa. By 2009, it had overtaken their combined economic size, and by 2026 China’s GDP was more than twice as large.
• Per-Capita Income Gap: China has also made major gains in GDP per capita. An average Chinese citizen was about 2.6 times richer than an average Indian in 2006; the gap has increased to about five times according to the latest comparison.
• Evolution of BRICS: Brazil, Russia, India and China came together as BRIC in 2006 on the sidelines of the UN General Assembly. The first summit was held in 2009, while South Africa joined in 2010, giving the grouping its present acronym, BRICS.
• New Development Bank: The Agreement establishing the New Development Bank was signed at the 2014 BRICS Summit, and the institution became operational in 2015. Headquartered in Shanghai, it finances infrastructure and sustainable-development projects in emerging economies.

Orangutans

In the News: Five juvenile orangutans were found near Badapai village in Odisha’s Balasore district, far outside their natural habitat. They have been shifted to Nandankanan Zoological Park, while the Wildlife Crime Control Bureau and Odisha Police STF are investigating possible links to an organised wildlife-trafficking network.

Key Points:

• Natural Habitat: Orangutans occur naturally only in the rainforests of Borneo and Sumatra in Southeast Asia. There is no natural wildlife corridor connecting these islands with India, making natural migration to Odisha extremely unlikely.
  • Three Orangutan Species: The three recognised species are the Bornean orangutan (Pongo pygmaeus), Sumatran orangutan (Pongo abelii), and Tapanuli orangutan (Pongo tapanuliensis). The Tapanuli orangutan was formally described as a separate species in 2017.
  • Conservation Status: All three orangutan species are classified as Critically Endangered on the IUCN Red List. Habitat destruction, hunting and illegal wildlife trade remain major threats to their survival.
  • Wildlife Crime Investigation: The Wildlife Crime Control Bureau, a central multi-disciplinary agency dealing with organised wildlife crime, has joined the investigation. The Odisha Police Special Task Force is also examining whether an international trafficking network was involved.
  • Importance of Orangutans: Orangutans are Asia’s only living great apes and are the world’s largest primarily tree-dwelling mammals. Their highly arboreal lifestyle, intelligence, tool use and slow reproduction make the loss of even small populations a major conservation concern.

TRISHNA Mission: ISRO and France Join Hands to Study Earth

In the News: India’s ISRO and France’s space agency CNES are jointly developing the TRISHNA Earth-observation satellite. Designed for high-resolution thermal monitoring of Earth’s surface, the mission is currently under development and is scheduled for launch in 2027.

Key Points:

• Full Form and Partners: TRISHNA stands for Thermal Infra-Red Imaging Satellite for High-resolution Natural Resource Assessment. It is a joint mission of the Indian Space Research Organisation (ISRO) and France’s Centre National d'Études Spatiales (CNES).
• Mission Objective: TRISHNA will measure Earth’s surface temperature and emissivity and study water and energy budgets. Its observations will help assess crop water stress, evapotranspiration, water availability and the effects of climate change.
• Two Major Payloads: CNES is providing the Thermal Infra-Red (TIR) instrument, while ISRO is developing the Visible-Near Infra-Red-Short Wave Infra-Red (VNIR-SWIR) payload. Together, the instruments will generate detailed thermal and biophysical information.
• Orbit and Resolution: The satellite is planned for a 761-km Sun-Synchronous Orbit with a local equatorial crossing time of around 12:30 PM. ISRO states that it will provide a spatial resolution of about 57 metres over land and coastal areas.
• Major Applications: The five-year mission will support agriculture, water-resource management, urban heat-island studies, glacier and snow-melt monitoring, and detection of volcanic or geothermal thermal anomalies. Its data will also contribute to international climate and sustainable-development initiatives.

Shree Charani Becomes Fastest Indian to 50 T20I Wickets

In the News: Indian left-arm spinner Shree Charani became the fastest Indian cricketer, across men’s and women’s T20Is, to take 50 wickets. She reached the milestone in her 29th T20I during India’s Women’s Asia Cup 2026 semi-final against Bangladesh in Dubai on September 10.

Key Points:

• Fastest Indian to 50 Wickets: Charani completed 50 T20I wickets in only 29 matches, surpassing Kuldeep Yadav, who had reached the landmark in 30 matches. Varun Chakravarthy and Arshdeep Singh are among the other leading Indians on the list.
• Landmark Wicket: Her 50th T20I wicket came when she dismissed Bangladesh opener Juairiya Ferdous during the Asia Cup semi-final. The milestone added another record to Charani’s rapid rise in international women’s cricket.
• Global Women’s Record: China’s Mengting Liu holds the women’s record for the fastest 50 T20I wickets, achieving the feat in 28 matches. Charani reached the mark in 29 games, placing her among the fastest bowlers in women’s T20I history.
• Rise in International Cricket: Shree Charani made her international debut in April 2025 and has quickly emerged as a key member of India’s spin attack. She also rose to the No. 1 position in the ICC Women’s T20I bowling rankings.
• Women’s Asia Cup Context: India defeated Bangladesh by 40 runs in the semi-final to qualify for the 2026 Women’s Asia Cup final. The match was played at the Dubai International Cricket Stadium, with India successfully defending a total of 149.