June 2026

National and State News 

• Ministry of Home Affairs Notifies Immigration and Foreigners Amendment Rules 2026: The Ministry of Home Affairs (MHA) notified the Immigration and Foreigners (Amendment) Rules, 2026 under the Immigration and Foreigners Act, 2025.  

• India Becomes World’s Second-Largest Solar Growth Market in 2025: According to an IRENA report, India became the world’s second-largest solar growth market in 2025 by adding over 37 GW of solar capacity.  

• Government Revises Wholesale Price Index Base Year to 2022-23: The Government of India approved the revision of the Wholesale Price Index (WPI) base year from 2011-12 to 2022-23.  

• Gujarat Police Launches Operation Delta Hunt Against Illegal Immigrants: The Gujarat State Police launched “Operation Delta Hunt”, a statewide crackdown against illegal Bangladeshi nationals.  

• Wheat Procurement Reaches 5-Year High of 35 Million Tonnes: Government wheat procurement reached a 5-year high of 35 million tonnes during the 2026-27 Rabi Marketing Season.  

• First Model Border Village Developed at Chumur in Ladakh: The foundation stone for India’s first Model Border Village at Chumur in Ladakh was laid under the Vibrant Village Programme.  

• New Regional Meteorological Centre Inaugurated in Lucknow: A new Regional Meteorological Centre (RMC) was inaugurated in Lucknow, Uttar Pradesh.  

• Pradhan Mantri Surakshit Matritva Abhiyaan Completes 10 Years: The Pradhan Mantri Surakshit Matritva Abhiyaan (PMSMA) completed 10 years of providing quality antenatal healthcare.  

• Indore to Host BRICS Agriculture Ministers Meeting 2026: Indore, Madhya Pradesh, was selected to host the BRICS Agriculture Working Group and Agriculture Ministers Meeting 2026.  

• India Secures European Union Market Access for Aquaculture Products: India secured continued market access to the European Union (EU) for aquaculture products, honey, eggs, and animal casings.  

• New Terminal Building Inaugurated at NAMO Airport Daman: Prime Minister Narendra Modi inaugurated the new terminal building of NAMO Airport in Daman.  

• Delhi Gets 18 Namo Oxygen Parks Under Ek Ped Maa Ke Naam Campaign: Eighteen Namo Oxygen Parks were inaugurated across Delhi under the ‘Ek Ped Maa Ke Naam’ campaign on World Environment Day 2026.  

• India’s 7th Regional Meteorological Centre Inaugurated in Jammu: India’s seventh Regional Meteorological Centre was inaugurated in Jammu.  

• India Launches E85 Fuel to Reduce Oil Imports: India launched E85 fuel, a petrol blend containing approximately 85% ethanol and 15% petrol.  

• SIPRI Report Shows India Widening Nuclear Lead Over Pakistan: According to the SIPRI Yearbook 2026, India’s nuclear arsenal increased to an estimated 190 warheads, widening its lead over Pakistan.  

• West Bengal Set to Implement Ayushman Bharat PM-JAY Scheme: West Bengal prepared to become the 36th State/Union Territory to implement the Ayushman Bharat PM-JAY scheme.  

• National Zoological Park Launches NZP Saathi App and Kiosks: The National Zoological Park in New Delhi launched the ‘NZP Saathi App’ and Self-Ticketing Kiosks.  

• Prime Minister Visits France and Slovakia for G7 Summit: Prime Minister Narendra Modi undertook a six-day visit to France and Slovakia to participate in the G7 Summit and VivaTech 2026.  

• Union Home Minister Launches Land Port Management System VINIMAY: Union Home Minister Amit Shah launched the Land Port Management System (LPMS) ‘VINIMAY’ in New Delhi.  

• Uttar Pradesh Launches Project Ganga for Rural Internet: The Uttar Pradesh Government launched ‘Project Ganga’ to provide high-speed internet connectivity in rural areas.  

• First Commercial Export of Amrapali Mangoes Flagged Off to UK: APEDA flagged off the first commercial export of fresh Amrapali mangoes from Jharkhand to the United Kingdom.  

• West Bengal Becomes Final State to Implement Ayushman Bharat: West Bengal signed an MoU with the National Health Authority, becoming the 36th and final State/UT to implement AB PM-JAY.  

• Union Government Announces Interim Allocation Under Viksit Bharat Gramin Bharat: The Union Government announced a ₹95,692 crore interim allocation under the Viksit Bharat – Gramin Bharat initiative.  

• 11th NITI Aayog Governing Council Meeting Held in New Delhi: The 11th NITI Aayog Governing Council Meeting was held in New Delhi under the theme “Inclusive Human Development for Viksit Bharat@2047”.  

• IIT Bhubaneswar Develops ArsenSafe Portable Water Testing Device: IIT Bhubaneswar developed ‘ArsenSafe’, a portable device for detecting arsenic in drinking water.  

• Air India Launches Easy Connect Flights Under Hub-and-Spoke Model: Air India launched its first “Easy Connect” flights under the hub-and-spoke aviation model from Varanasi.  

• Assam Launches First Blue Valley Cluster for Fragrances and AYUSH: Assam’s first “Blue Valley Cluster” for flavours, fragrances, and the AYUSH sector was launched.  

• Andhra Pradesh Launches Yogandhra-2026 Statewide Yoga Campaign: Andhra Pradesh launched the “Yogandhra-2026” statewide yoga awareness campaign.  

• Ministry of Education Approves Three Foreign University Campuses: The Ministry of Education issued Letters of Approval to three foreign universities—University of Bristol, University of York, and UNSW—to establish campuses in India.  

• Odisha Cabinet Approves Restoration of Original Odia Names for 64 Places: The Odisha Cabinet approved the restoration of original Odia names for 64 places across 26 districts.  

• Government Releases Draft Telecommunications Rules 2026: The Government released the draft Telecommunications (Television, Radio and Associated Services) Rules, 2026.  

• Bharat Innovates 2026 Inaugurated in France by PM Modi and President Macron: Prime Minister Narendra Modi and French President Emmanuel Macron inaugurated Bharat Innovates 2026 in Nice, France.  

• ICAR Launches Oilseeds Kisaan Mitra AI WhatsApp Tool: ICAR launched India’s first AI-based WhatsApp tool “Oilseeds Kisaan Mitra” for farmers.  

• Textiles Ministry Selects 96 Companies Under Third Round of PLI Scheme: The Ministry of Textiles selected 96 companies under the third round of the PLI Scheme for Textiles.  

• Four Traditional Products of Jharkhand Receive GI Tag: Four traditional products of Jharkhand received the Geographical Indication (GI) Tag.  

• India Approves First Radioligand Therapy Pluvicto for Prostate Cancer: Novartis introduced Pluvicto, India’s first approved radioligand therapy for advanced prostate cancer.  

• Integrated Aqua Park Foundation Laid in Bihar: An Integrated Aqua Park and an NFDB Regional Centre were established to boost fisheries in Bihar.  

• Department of Posts Launches Drone Mail Delivery in Himachal Pradesh: The Department of Posts launched a drone-based mail delivery service in Himachal Pradesh.  

• Great Indian Bustard Population Reaches 94 Under Breeding Programme: India’s conservation breeding programme for the Great Indian Bustard reached a captive population of 94 birds.  

• First Railway Tunnel Hood Deployed in Bullet Train Project: India deployed its first railway tunnel hood technology in the Mumbai-Ahmedabad Bullet Train Project.  

• 16th BRICS Agriculture Ministers Meeting Concludes in Indore: The 16th BRICS Agriculture Ministers Meeting concluded in Indore with the adoption of a Joint Declaration.  

• India and France Launch Atal Tinkering Lab Bridge: India and France launched the India-France Atal Tinkering Lab Bridge to promote young innovators.  

• MeitY Temporarily Restricts Telegram Ahead of NEET UG Re-Exam: MeitY temporarily restricted access to the Telegram messaging platform ahead of the NEET (UG) 2026 re-examination.  

• 19th Mumbai International Film Festival Commences in Mumbai: The 19th edition of the Mumbai International Film Festival (MIFF) 2026 commenced in Mumbai.  

• Navi Mumbai and Guwahati Airports Listed Among World’s Most Beautiful: Navi Mumbai and Guwahati airports were featured in the Prix Versailles World’s Most Beautiful Airports List 2026.  

• Odisha Approves Investment Proposals Worth ₹76,612 Crore: The High-Level Clearance Authority of Odisha approved 20 investment proposals worth ₹76,612 crore.  

• Prime Minister Lays Foundation for Coal-to-Ammonium Nitrate Plant in Odisha: Prime Minister Modi laid the foundation stone for India’s first commercial coal-to-ammonium nitrate plant in Jharsuguda, Odisha.  

• Union Minister Launches Smart Warehousing System for Foodgrain Storage: Union Minister Pralhad Joshi launched an AI and IoT-enabled smart warehousing system to modernize foodgrain storage.  

• Maharashtra Approves High-Energy Medical Cyclotron Project in Nagpur: The Maharashtra Cabinet approved a high-energy medical cyclotron project in Nagpur with an investment of ₹300 crore.  

• Supreme Court Declares Right to Walk on Safe Footpaths a Fundamental Right: The Supreme Court declared the right to walk on safe and demarcated footpaths as a Fundamental Right.  

• NHAI Launches Free Flow Tolling System in Rajasthan: NHAI launched Rajasthan’s first Multi-Lane Free Flow tolling system at Daulatpura Toll Plaza on NH-48.  

• Four Traditional Products of Assam Receive GI Tag: Four traditional products of Assam received the Geographical Indication Tag.  

• Ladakh Establishes SHAN Conservation Society: Ladakh established the Snow Leopard and High-Altitude Nature (SHAN) Conservation Society.  

• National Green Hydrogen Mission Approves Support for Startups: The National Green Hydrogen Mission approved ₹22 crore support for 9 startups.  

• Khurasani Imli of Madhya Pradesh Awarded GI Tag: Khurasani Imli from Mandu, Madhya Pradesh, received the Geographical Indication Tag.  

• West Bengal Budget Presented with Outlay of ₹4.38 Lakh Crore: The West Bengal Budget 2026-27 was presented with an outlay of ₹4.38 lakh crore.  

• India to Host BRICS National Security Advisers Meeting: India will host the two-day BRICS National Security Advisers Meeting 2026.  

• North East’s Largest Organic Spice Processing Unit Inaugurated in Meghalaya: The North East’s largest organic spice processing unit was inaugurated in Meghalaya.  

• MoPNG Approves Assistance for Private 2G Ethanol Biorefinery: MoPNG approved ₹150 crore for India’s first private hybrid second-generation ethanol biorefinery in Uttar Pradesh.  

• India Emerges as World’s Leading Ship Recycling Nation: India became the world’s leading ship recycling nation in 2025 with a global share of 35.4%.  

• VOCPA Emerges as Model for Sustainable Maritime Development: V.O. Chidambaranar Port Authority emerged as a model for sustainable maritime development in India.  

• Bengaluru Hosts BRICS Space Agencies Meeting: Bengaluru hosted the BRICS Heads of Space Agencies (HOSA) Meeting 2026.  

• Rajasthan Constitutes Panel to Draft Uniform Civil Code: Rajasthan constituted a five-member committee to draft a Uniform Civil Code.  

• Kerala Government Presents Revised Budget for FY27: The Kerala Government presented its revised budget for Financial Year 2026-27.  

• GRSE Granted Navratna Status by DPE: Garden Reach Shipbuilders and Engineers Limited was granted Navratna Central Public Sector Enterprise status.  

• Rajolibanda Diversion Scheme in Focus Over Water Dispute: The Rajolibanda Diversion Scheme came into focus amid the Tungabhadra water-sharing dispute.  

• Government Revises Passport Fees Structure Effective July 1: The Government revised passport fees effective from July 1, 2026.  

• NHSRCL Plans Seven New Bullet Train Corridors: NHSRCL plans seven new bullet train corridors and the indigenous B35 train.  

• MoPNG Introduces Regulations for Domestic LPG Consumers: MoPNG introduced new regulations for domestic LPG consumers under the Amendment Order, 2026.  

• Gujarat Financial Assistance Scheme Helps Farmers Hit by Calamities: Gujarat’s Mukhyamantri Kisan Sahay Yojana provides financial assistance to farmers affected by natural calamities.  

• India Hosts 11th BRICS Energy Ministers Meeting: India hosted the 11th BRICS Energy Ministers’ Meeting 2026 in Gurugram.  

• Ministry Launches SHATAYU Dashboard for Elderly Care: The Ministry of Social Justice and Empowerment launched the SHATAYU Dashboard for elderly care.  

• Ministry of Culture Commemorates Samvidhan Hatya Diwas: The Ministry of Culture commemorated ‘Samvidhan Hatya Diwas’ marking the 50th anniversary of the 1975 Emergency.  

• India Endorses AI Opportunity Joint Statement at Pax Silica Summit: India participated in the 2nd Pax Silica Summit and signed the Joint Statement on AI Opportunity.  

• Odisha Launches GO-EAST Policy to Boost Investments: Odisha launched the GO-EAST policy to boost industrial investments.  

• India Commissions Nuclear Heat-Based Hydrogen Facility at Kalpakkam: India commissioned the world’s first nuclear process heat-based hydrogen production facility at IGCAR, Kalpakkam.  

Govt Scheme & Policies 

• ECLGS 5.0 Crosses One Lakh Guarantees Threshold: Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 surpassed one lakh guarantees, extending credit protection over ₹48,000 crore.  

• Government Extends CGSMFI-2.0 Credit Guarantee Scheme: The Government extended the Credit Guarantee Scheme for Microfinance Institutions (CGSMFI-2.0) until August 31, 2026.  

• PM SVANidhi Micro-Credit Scheme Completes Six Years: The Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme completed six years of implementation.  

• National Green Hydrogen Mission Expands Support Programs: The National Green Hydrogen Mission approved financial backing and startup support frameworks across multiple sectors.  

• Pradhan Mantri JI-VAN Yojana Supports Second-Generation Biofuels: Pradhan Mantri JI-VAN Yojana provides viability gap funding for advanced second-generation (2G) biofuel projects.  

Banking & Financial News 

• Centre Revises Export Duties on Petrol Diesel and ATF: Centre revised export duties on petrol, diesel, and ATF for the fortnight starting June 1, 2026.  

• Customs Duty Exemption Granted on Cotton Imports: The government granted temporary customs duty exemption on cotton imports until October 31, 2026.  

• Taiwan Overtakes India as Fifth-Largest Stock Market: Taiwan surpassed India to emerge as the world’s 5th largest stock market by market capitalization.  

• NISM Partners with Galgotias University for Financial Learning: NISM collaborated with Galgotias University to strengthen industry-oriented financial education.  

• West Bengal Gramin Bank Partners with Canara HSBC Life Insurance: West Bengal Gramin Bank partnered with Canara HSBC Life Insurance to expand insurance reach.  

• Bajaj Finserv Partners with IIT Bombay for AI Innovation: Bajaj Finserv partnered with IIT Bombay to launch ‘Finserv Intelligence’ for AI and deep-tech innovation.  

• DBJ and HDFC Capital Form Housing Investment Partnership: Development Bank of Japan joined hands with HDFC Capital to fund affordable and mid-income housing projects in India.  

• IRDAI Imposes Penalty on Nissan Renault Financial Services: IRDAI imposed a ₹1 crore penalty on Nissan Renault Financial Services India for norm violations.  

• RBI Balance Sheet Expands to ₹91.97 Lakh Crore in FY26: RBI’s FY26 balance sheet grew 20.6% to ₹91.97 lakh crore, according to its Annual Report 2025-26.  

• Government Releases Provisional Accounts for FY 2025-26: The Government of India released provisional unaudited accounts for FY 2025-26.  

• UPI Extends Cross-Border QR Payment Linkage to Cambodia: UPI extended its global reach to Cambodia via KHQR payment integration.  

• Karur Vysya Bank Launches Premium Credit Cards on Visa Network: Karur Vysya Bank introduced four premium credit cards on the Visa network.  

• United States Becomes India’s Second-Largest Source of FDI: The US became India’s second-largest FDI source, surpassing Mauritius with over $11 billion in inflows.  

• Finance Ministry Unveils Capital Market and FPI Reforms: The Ministry of Finance unveiled reforms to boost Foreign Portfolio Investment and G-Sec markets.  

• ADB and Standard Chartered Partner for Supply Chain Finance: ADB and Standard Chartered partnered to boost supply chain finance in India through risk-sharing agreements.  

• OECD Upgrades India Growth Projection for FY27: OECD revised India’s FY27 GDP growth projection upward to 6.3%.  

• RBI Currency Printing Expenditure Declines in FY26: RBI’s currency printing expenditure fell 23.5% to ₹4,875 crore in FY26.  

• India Ranked World’s Fifth Most Digitalised Economy: The SIDE 2026 report ranked India as the world’s 5th most digitalised economy.  

• BharatPe Launches BharatPe Flex Credit-on-UPI Facility: BharatPe introduced ‘BharatPe Flex’ credit-on-UPI service in partnership with YES Bank.  

• RBI Imposes Monetary Penalty on Canara Bank: RBI imposed a ₹41.80 lakh monetary penalty on Canara Bank.  

• PFRDA Launches StAR NPS Onboarding Platform: PFRDA introduced the new ‘StAR NPS’ solution for efficient subscriber onboarding.  

• RBI Monetary Policy Committee Keeps Repo Rate Unchanged: RBI maintained key policy rates unchanged in its 2nd bi-monthly monetary policy review, keeping the repo rate at 5.25%.  

• RBI to Expand Digital Rupee and Cross-Border CBDC Pilots: RBI plans to expand cross-border CBDC pilots as digital rupee trials advance.  

• RBI Proposes One-Hour Delay for High-Value Digital Payments: RBI proposed a one-hour cooling-off period for digital payments above ₹10,000 to curb fraud.  

• Circulation of ₹500 Banknotes Reaches Record High: Volume of ₹500 banknotes in circulation rose 11.2% in FY26, reaching 7.05 lakh crore pieces.  

• SBI Research Projects FY26 GDP Growth at 7.7 Percent: SBI Research revised India’s FY26 GDP growth to 7.7% following strong Q4 performance.  

• Reliance Industries Raises USD 625 Million via Samurai Loan: Reliance Industries raised $625 million equivalent through a Samurai Loan.  

• RBI Sets FY27 Regulatory Priorities on Customer Protection: RBI set its FY27 regulatory priorities on customer protection and credit ecosystem enhancement.  

• Banking Sector Fraud Value Rises Sharply to ₹48,021 Crore: India’s banking sector witnessed a sharp increase in fraud value to ₹48,021 crore in FY26.  

• RBI Introduces Twin Forex Swap Facilities to Boost Inflows: RBI unveiled twin USD-Rupee swap schemes to strengthen the external sector and attract forex inflows.  

• Consortium Led by IFC Invests in Green Hydrogen Expansion: An IFC-led investor consortium pledged $105 million for Hygenco’s green hydrogen expansion.  

• Government Restricts Unauthorised Imports of Silver: The government mandated DGFT import authorization for specified silver imports.  

• CSR Framework Expanded to Cover Social Stock Exchange Instruments: The Ministry of Corporate Affairs expanded the CSR framework to include Zero Coupon Zero Principal (ZCZP) instruments.  

• Viyona Fintech Receives NPCI Approval for BBPS Services: Viyona Fintech received NPCI approval as a Biller Operating Unit under BBPS.  

• Fitch Revises India Growth Forecast Downward for FY27: Fitch Ratings revised India’s FY27 economic growth forecast down to 6.4%.  

• Sahamati Recognised as Self-Regulatory Body for Account Aggregators: RBI recognised Sahamati Foundation as the Self-Regulatory Organisation for the Account Aggregator ecosystem.  

• India and Nepal Launch UPI-NPI Remittance System: India and Nepal introduced a UPI-NPI cross-border remittance system.  

• India Registers Current Account Surplus in Final Quarter: India registered a current account surplus of $7.1 billion in the January-March quarter of FY26.  

• RBI Penalises IIFL Samasta and True Credits for Violations: RBI fined IIFL Samasta Finance ₹3.90 lakh and True Credits ₹3.10 lakh for KYC violations.  

• Bank of India Opens Strategic Business Branch in Mumbai: Bank of India launched a strategic business branch in Mumbai to boost digital and partnership-based financing.  

• Forecasters Peg FY27 Growth Slightly Below RBI Estimate: Professional forecasters pegged FY27 economic growth at 6.5%.  

• RBI Evaluates Introduction of Durable Polymer Banknotes: RBI is evaluating proposals for polymer currency notes.  

• Nuvama Asset Management Gets SEBI Approval for Mutual Funds: SEBI granted final approval to Nuvama Wealth Management for mutual fund operations.  

• World Bank Raises India Economic Growth Forecast for FY27: The World Bank upgraded India’s FY27 economic growth projection to 6.6%.  

• Bandhan Bank Launches Integrated 3-in-1 Banking Account: Bandhan Bank partnered with Centrum Finverse to launch an integrated 3-in-1 banking, demat, and trading account.  

• RBI Revises Bank Exposure Rules for REITs and InvITs: RBI issued third amendment directions revising the bank lending framework for REITs and InvITs.  

• NSE Earmarks Corporate Social Responsibility Funds for SSE: NSE earmarked 10% of its CSR corpus for Social Stock Exchange-listed initiatives.  

• RBI Imposes Six-Month Regulatory Restrictions on Mogaveera Bank: RBI imposed six-month curbs on Mogaveera Co-operative Bank.  

• India Receives Record Inflow of Overseas Workers Remittances: India received a record $110.47 billion in remittances from overseas workers in FY26.  

• SEBI Introduces Dynamic Price Bands for ETF Trading: SEBI updated ETF trading rules, replacing fixed limits with dynamic bands.  

• Consumer Confidence Declines in Urban and Rural Areas: RBI’s consumer confidence survey showed a decline in consumer confidence in May 2026.  

• RBI Issues Comprehensive Master Directions for Payment System Operators: RBI notified master directions on the payment system operator authorisation framework.  

• YES Bank and Northern Arc Capital Partner for Digital Credit: YES Bank and Northern Arc Capital joined hands to expand credit access and digital lending.  

• RBI Launches Cyber Fraud Awareness Campaign in Kerala: RBI introduced ‘RBI Reelathon 2026’ to raise cyber fraud awareness among students in Kerala.  

• Bank of Baroda Launches High-Yield Golden Goal Deposit Scheme: Bank of Baroda launched the ‘bob Golden Goal Deposit Scheme’ offering interest rates up to 7.40%.  

• Capital Rules Relaxed for Loans Backed by ECLGS Scheme: RBI eased capital requirements for banks on ECLGS 5.0-backed loans.  

• NSE Indices Expands Sectoral Coverage with New Indices: NSE Indices expanded its portfolio with 11 new sectoral indices, raising the total count to 34.  

• Financial Sector Launches ARIFAC Platform Against Financial Crimes: India’s financial sector launched the ARIFAC platform to strengthen the AML/CFT framework.  

• SEBI Simplifies Share Transmission for Legal Heirs: SEBI introduced a faster mechanism for share transfer to deceased investors’ heirs.  

• ADB Finances Digital Infrastructure Project for Government Schools: ADB partnered with Schoolnet India for a $10 million digital learning infrastructure project.  

• Axis Bank Grants Funds for Innovation Park at BITS Pilani: Axis Bank and BITS Pilani signed an agreement for a ₹100 crore industry research and innovation park in Hyderabad.  

• IRDAI Forms Working Group to Guide AI in Insurance: IRDAI formed a 7-member AI working group under Prof. Sandeep Shukla.  

• Federal Bank Launches Special FCNR Deposit Product for NRIs: Federal Bank introduced the FCNR Max Deposit Scheme offering 6.25% interest on USD deposits.  

• RBI Urges Lenders to Leverage Digital Infrastructure for MSMEs: RBI called on banks and NBFCs to leverage Digital Public Infrastructure to enhance MSME credit access.  

• Zerodha Fund House Launches India’s First Lifecycle Mutual Funds: Zerodha Fund House launched India’s first target-date mutual funds for 2036 and 2041.  

• World Bank Approves $1.5 Billion Funding for Private Sector Jobs: World Bank approved $1.5 billion financing for India to boost private sector job creation.  

• PNB and Zaggle Launch Biodegradable Twin Credit Cards: PNB partnered with Zaggle to launch biodegradable co-branded twin credit cards.  

• RBI Waives Collateral Requirement for Agriculture Loans: RBI exempted collateral requirements for agriculture loans up to ₹2 lakh under KCC.  

• Kisan Credit Card Scheme Revamped with Standardised Season Definition: RBI issued a revised Kisan Credit Card framework for uniform implementation.  

• NSE and Metal Exchange Partner to Support Metal Derivatives: NSE and Bharat Metal Exchange partnered to boost the non-ferrous metal derivatives market.  

• IFC Pledges Financing for AI-Ready Green Data Centres: IFC committed $371 million to Sify Infinit Spaces for AI-ready green data centre expansion.  

• World Bank Approves Funding for Haryana Water Conservation: World Bank sanctioned ₹4,000 crore funding for Haryana’s Jal Sanrakshit Haryana water conservation project.  

• RBI Issues Revised Trade Receivables Framework for MSMEs: RBI introduced an updated TReDS framework with easier entry for MSME sellers.  

• Revised Compensation Rules Announced for Digital Payment Fraud Victims: RBI introduced a new compensation framework for digital payment fraud victims under revised directions.  

• Classification Threshold Revised for Upper Layer NBFCs: RBI revised NBFC-Upper Layer identification norms, including government-owned NBFCs.  

• Skydo Receives B2B Payment License in Canada: Skydo became the first Indian cross-border payments firm to secure Canada approval.  

• S&P Global Lowers FY27 Economic Growth Projection for India: S&P Global cut India’s FY27 GDP growth forecast to 6.6%.  

• RBI Issues Credit Derivatives Directions to Deepen Bond Market: RBI introduced Credit Derivatives Directions, 2026 with expanded risk management measures.  

• Fixed Deposit-Backed Secured Credit Card Launched: Paisabazaar partnered with SBM Bank India to launch the SBM Paisabazaar Paisa+ credit card.  

• LEXI Gets Approval to Provide Payment Services in GIFT City: LEXI received in-principle approval from IFSCA to offer cross-border payment services from GIFT-IFSC.  

• jUMPP Approved as Third Party Application Provider for UPI: NPCI approved jUMPP as a third-party application provider for UPI payments.  

• Goldman Sachs Raises India Economic Growth Forecast: Goldman Sachs upgraded India’s 2026 economic growth outlook to 6.8%.  

• Amazon Pledges Massive Investment for Cloud Infrastructure: Amazon announced a $48 billion investment in India to boost AI and cloud infrastructure.  

• ADB Grants Financing Facility for Bamboo Development: ADB sanctioned $42.2 million for bamboo development in Northeast India.  

International News 

• Canada Proposes Social Media Ban for Minors: Canada proposed new legislation to ban social media accounts for children below 16.  

• Nepal Foreign Minister Concludes High-Level Visit to India: Nepal’s Foreign Minister Shisir Khanal concluded an official visit to India.  

• Venezuela Acting President Holds Bilateral Talks in India: Venezuela’s Acting President Delcy Rodríguez visited India to strengthen energy ties.  

• AUKUS Alliance Launches Joint Undersea Drone Programme: AUKUS nations launched a joint underwater drone programme under Pillar Two.  

• UN General Assembly Elects Five Non-Permanent UNSC Members: The UN General Assembly elected Austria, Kyrgyzstan, Portugal, Trinidad and Tobago, and Zimbabwe as non-permanent members of the UNSC.  

• India Sends Medical Assistance to Africa CDC for Ebola: India provided emergency medical assistance to Africa CDC for Ebola response.  

• AMNS India Approved for Strategic Investment Plan Under PM-SETU: ArcelorMittal Nippon Steel India became the first company approved under the PM-SETU scheme.  

• Nine Indian Startups Included in WEF Technology Pioneers Cohort: The World Economic Forum featured 9 Indian companies in its 2026 Technology Pioneers cohort.  

• Uzbekistan Joins New Development Bank as Tenth Shareholder: Uzbekistan became the 10th member and shareholder of the New Development Bank.  

• 52nd G7 Summit Concludes in Evian-les-Bains France: Highlights of the 52nd G7 Summit held in Évian-les-Bains, France featured global cooperation in energy, peace, and security.  

• Mombasa Declaration Adopted to Fight Illegal Fishing: Fifteen countries adopted the Mombasa Declaration to strengthen the global fight against illegal fishing.  

• Bangladesh Joins International Big Cat Alliance: Bangladesh became the 27th member of the International Big Cat Alliance.  

• United States Approves Support Services for Indian Defence Equipment: The US announced a $482.2 million support package for India’s Apache and M777A2 systems.  

• Thirty-Five Countries Endorse AI Supply Chain Statement: Thirty-five countries adopted the AI statement to strengthen trusted supply chains at the Pax Silica Summit.  

Awards & Honours 

• President Confers Padma Awards at Rashtrapati Bhavan: President Droupadi Murmu conferred Padma Awards 2026 during the first civil investiture ceremony.  

• WHO Announces World No Tobacco Day Award Recipients: WHO announced the World No Tobacco Day 2026 award winners.  

• Indian Students Win Global Earth Prize for Microplastic Solution: Indian teenagers won The Earth Prize 2026 for developing ‘Plas-Stick’ to remove microplastics from water.  

• FAO Recognises Tamil Nadu Agroforestry Farmer as Soil Hero: Tamil Nadu farmer Valluvan was recognised as a UN FAO Soil Farmer Hero.  

• Indian Haj Mission Wins Labbaytum Awards in Saudi Arabia: The Indian Haj Mission won two Labbaytum Awards at the 2026 Haj season closing ceremony.  

• Deendayal Port Authority Honoured with Sagar Aankalan Award: Deendayal Port Authority received the Sagar Aankalan Award for container cargo performance.  

• MY Bharat Achieves Guinness World Record for Online Quiz: Mera Yuva Bharat received a Guinness World Records title for online quiz participation.  

• Jammu and Kashmir Bank Wins Finacle Innovation Gold Award: Jammu and Kashmir Bank won the Gold Award at the Finacle Innovation Awards 2026.  

 

Appointments 

• Vice Admiral Sanjay Vatsayan Takes Over Western Naval Command: Vice Admiral Sanjay Vatsayan assumed charge as Chief of the Western Naval Command.  

• Janez Jansa Elected Prime Minister of Slovenia: Slovenia elected Janez Janša as Prime Minister for a fourth term.  

• Air Marshal Tarun Chaudhry Assumes Command of Central Air Command: Air Marshal Tarun Chaudhry took over as Air Officer Commanding-in-Chief of Central Air Command.  

• Defence Secretary Given Additional Charge of DRDO: Defence Secretary Rajesh Kumar Singh got additional charge as DRDO Chairman.  

• Five New Judges Sworn In to Supreme Court: CJI Surya Kant swore in five new judges of the Supreme Court.  

• Vice Admiral Vineet McCarty Takes Charge of Tri-Service Command: Vice Admiral Vineet McCarty took over as the 20th Commander-in-Chief of the Andaman & Nicobar Command.  

• Brajesh Kumar Singh Assumes Charge as Canara Bank MD and CEO: Brajesh Kumar Singh assumed office as Canara Bank Managing Director & CEO.  

• Maj Gen Rachel Thomas Appointed Additional Director General MNS: Maj Gen Rachel Thomas took charge as Additional Director General of Military Nursing Service.  

• Neelkanth Mishra Appointed Executive Director at World Bank: Neelkanth Mishra was appointed Executive Director at World Bank Headquarters.  

• DK Shivakumar Takes Oath as Karnataka Chief Minister: D. K. Shivakumar took oath as Karnataka’s 25th Chief Minister.  

• Mette Frederiksen Begins Third Term as Danish Prime Minister: Mette Frederiksen began her third straight term as Denmark’s Prime Minister.  

• Prashant Sitaram Lokhande Appointed CBSE Chairperson: Prashant Sitaram Lokhande was named new Chairperson of CBSE.  

• Shah Rukh Khan Appointed Visa Brand Ambassador: Visa named Shah Rukh Khan as brand ambassador for its new ‘Infinitely More’ campaign.  

• Khalilur Rahman Elected President of 81st UN General Assembly: Bangladesh Foreign Minister Khalilur Rahman was chosen as President of the 81st UNGA.  

• Swaminathan Janakiraman Reappointed RBI Deputy Governor: The Centre extended Swaminathan Janakiraman’s tenure as RBI Deputy Governor for two more years.  

• Six Additional Judges Made Permanent at Bombay High Court: Six additional judges were elevated as permanent judges of the Bombay High Court.  

• Kumar Shanker Takes Charge as Managing Director of IGL: Kumar Shanker took charge as Managing Director of Indraprastha Gas Limited.  

• Banwarilal Purohit Elected President of Bharatiya Vidya Bhavan: Banwarilal Purohit was unanimously chosen as President of Bharatiya Vidya Bhavan.  

• Han Seong-sook Nominated Prime Minister of South Korea: South Korean President Lee Jae Myung selected Han Seong-sook as Prime Minister.  

• Lt General Dhiraj Seth Named Next Chief of Army Staff: Lt General Dhiraj Seth was named next Chief of the Army Staff.  

• Sanjay Lohiya Nominated as Director on RBI and SBI Boards: DFS Secretary Sanjay Lohiya was appointed as Director on RBI and SBI central boards.  

• Hitesh Rameshchandra Joshi Appointed CMD of GIC Re: Hitesh Rameshchandra Joshi was appointed as CMD of General Insurance Corporation of India.  

• National Biodiversity Authority Reconstitutes Agrobiodiversity Panel: The National Biodiversity Authority reformed the agrobiodiversity expert panel, appointing Dr. P. L. Gautam as chair.  

• India Secures Vice-Presidency of Financial Action Task Force: India secured its first-ever vice-presidency of the Financial Action Task Force (FATF) via Vivek Aggarwal.  

• Keki Mistry Gets Extension as Interim Chairman of HDFC Bank: RBI approved a three-month extension for Keki Mistry as HDFC Bank interim chairman.  

• Bimal Patel Elected Judge of International Tribunal for Law of Sea: Indian jurist Bimal N. Patel was appointed as judge of the UN International Tribunal for the Law of the Sea.  

• Saibal Chattopadhyay Appointed Head of National Statistical Commission: Saibal Chattopadhyay was appointed as head of the National Statistical Commission.  

• UCO Bank Executive Director Given Additional Charge as MD: UCO Bank ED Rajendra Kumar Saboo was assigned additional charge as MD & CEO.  

• Tushar Mehta Reappointed Solicitor General of India: Tushar Mehta was reappointed as Solicitor General of India for three more years.  

• Kunal Shah Appointed to Lead WhatsApp Operations Globally: CRED founder Kunal Shah was appointed to head WhatsApp’s global operations at Meta.  

• Pradeep Singh Kharola Joins Air India as Executive Advisor: Former Civil Aviation Secretary Pradeep Singh Kharola joined Air India as executive advisor.  

• Abiy Ahmed Wins Second Term as Ethiopian Prime Minister: Abiy Ahmed won a second consecutive term as Ethiopia’s Prime Minister.  

• New Rajya Sabha Members Take Oath in Parliament: Rajya Sabha Chairman C.P. Radhakrishnan administered oaths to newly elected and re-elected members.  

• Mahesh Dixit Appointed Director of Intelligence Bureau: Mahesh Dixit was appointed as the new Director of the Intelligence Bureau.  

• Dr UP Rajeev Takes Charge as Director of VSSC: Dr. U.P. Rajeev took charge as Director of Vikram Sarabhai Space Centre.  

• Sanjay Jaju Appointed Chief Secretary of Telangana: Sanjay Jaju was named Telangana State’s Chief Secretary.  

• Jaime de la Espriella Elected President of Colombia: Jaime de la Espriella secured victory in Colombia’s presidential election.  

Summits & Conferences 

• New Delhi Hosts 13th BRICS Urbanisation Forum: India hosted the 13th BRICS Urbanisation Forum 2026 in New Delhi.  

• Evian-les-Bains Hosts 52nd G7 Summit: The 52nd G7 Summit was held in Évian-les-Bains, France.  

• Indore Hosts BRICS Agriculture Ministers Conference: The 16th BRICS Agriculture Ministers Meeting was held in Indore.  

• Washington Hosts Second Pax Silica Summit on AI Supply Chains: The 2nd Pax Silica Summit was held in Washington, D.C., focusing on AI supply chains.  

• Bengaluru Hosts BRICS Space Agency Leaders Conference: The BRICS Heads of Space Agencies (HOSA) Meeting 2026 took place in Bengaluru.  

MoUs & Agreements 

• West Bengal Gramin Bank Enters Insurance Distribution Agreement: West Bengal Gramin Bank partnered with Canara HSBC Life Insurance to expand life insurance reach.  

• Bajaj Finserv Signs Research Collaboration Agreement with IIT Bombay: Bajaj Finserv signed an MoU and Master Collaboration Agreement with IIT Bombay to establish a joint research centre.  

• Development Bank of Japan Partners with HDFC Capital: DBJ entered into a strategic partnership with HDFC Capital to fund affordable and mid-income housing projects in India.  

• Multilateral Risk-Sharing Agreements Signed for Supply Chain Finance: ADB and Standard Chartered signed risk-sharing agreements to boost supply chain finance in India.  

• National Stock Exchange Partners with Metal Exchange: NSE and Bharat Metal Exchange signed an MoU to boost the non-ferrous metal derivatives market.  

• Axis Bank and BITS Pilani Agreement Signed for Innovation Park: Axis Bank and BITS Pilani signed an agreement for a ₹100 crore industry research and innovation park. .  

Science & Tech 

• IACS Launches Indigenous PECVD Solar System: The Indian Association for the Cultivation of Science celebrated 150 years in Kolkata and launched an indigenous PECVD system for solar cells.  

• NITI Aayog Releases Semiconductor Industry Vision Document: NITI Aayog released a roadmap for India’s semiconductor industry till 2035.  

• Chandigarh University Establishes IndiaAI Data Lab with Intel: Chandigarh University became the first private university to establish an IndiaAI Data Lab with Intel India.  

• First Nuclear Heat Hydrogen Plant Commissioned at Kalpakkam: India commissioned the world’s first nuclear process heat-based hydrogen production facility at Kalpakkam.  

Defence News 

• Western Naval Command Gets New Flag Officer Commanding-in-Chief: Vice Admiral Sanjay Vatsayan assumed charge as Chief of the Western Naval Command.  

• AUKUS Alliance Develops Joint Undersea Vehicles: AUKUS nations launched a joint underwater drone programme under Pillar Two.  

• Central Air Command Receives New Air Officer Commanding-in-Chief: Air Marshal Tarun Chaudhry took over as Air Officer Commanding-in-Chief of Central Air Command.  

• DRDO Leadership Handed Over to Defence Secretary: Defence Secretary Rajesh Kumar Singh took additional charge as DRDO Chairman.  

• Andaman & Nicobar Command Welcomes New Commander-in-Chief: Vice Admiral Vineet McCarty took over as the 20th Commander-in-Chief of the Andaman & Nicobar Command.  

• United States Approves Foreign Military Sales Package for India: The US announced a $482.2 million support package for India’s Apache and M777A2 systems.  

• New Chief of Army Staff Appointed by Government: Lt General Dhiraj Seth was named next Chief of the Army Staff.  

Ranking & Indexes 

• Taiwan Stock Market Capitalisation Surpasses India: Taiwan surpassed India to emerge as the world’s 5th largest stock market by market capitalization.  

• India Secures Fifth Position in Global Digitalisation Index: The SIDE 2026 report ranked India as the world’s 5th most digitalised economy.  

• India Claims Second Spot Globally in Solar Additions: According to an IRENA report, India became the world’s second-largest solar growth market in 2025.  

• SIPRI Rankings Detail Global Nuclear Arsenal Holdings: According to the SIPRI Yearbook 2026, India’s nuclear arsenal reached 190 warheads, widening its lead over Pakistan.  

• Indian Airports Selected in World Architectural Honors: Navi Mumbai and Guwahati airports were featured in the Prix Versailles World’s Most Beautiful Airports List 2026.  

Environment News 

• Jai Prakash Narayan Bird Sanctuary Designated as 100th Ramsar Site: Jai Prakash Narayan Bird Sanctuary (Surha Tal) in Uttar Pradesh was designated as India’s 100th Ramsar Site.  

• Ladakh Sets Up High-Altitude Wildlife Conservation Society: Ladakh established the Snow Leopard and High-Altitude Nature (SHAN) Conservation Society.  

• Great Indian Bustard Conservation Project Adds New Chicks: India’s conservation breeding programme for the Great Indian Bustard reached 94 birds.  

• International Accord Signed to Counter Illegal Unregulated Fishing: Fifteen countries adopted the Mombasa Declaration to strengthen the global fight against illegal fishing.  

Books & Authors 

• Vice President Releases Book Tracing History of Bhawaiya Music: Vice President C. P. Radhakrishnan released the book “Sanskritir Ratna Bhandar: Bhaowaiyar Itibritto” authored by Dr. Jayanta Kumar Roy and Ms. Sangita Roy.  

Sports News 

• First World Yogasana Championship Inaugurated in Ahmedabad: Prime Minister Narendra Modi inaugurated the First World Yogasana Championship 2026 in Ahmedabad.  

• Indian Women Cricket Captain Conferred Padma Shri: Harmanpreet Kaur was awarded the Padma Shri for her contributions to sports.  

Important Days 

• World Milk Day Observed Globally: World Milk Day was observed globally on June 1.  

• Global Day of Parents Celebrated: Global Day of Parents was observed on June 1.  

• International Sex Workers Day Commemorated: International Sex Workers’ Day was observed on June 2.  

• Telangana Formation Day Celebrated: Telangana Formation Day was observed on June 2.  

• World Bicycle Day Promotes Sustainable Transport: World Bicycle Day was observed on June 3.  

• International Day of Innocent Children Victims of Aggression Observed: International Day of Innocent Children Victims of Aggression was observed on June 4.  

• World Environment Day Celebrated Worldwide: World Environment Day was observed on June 5.  

• World Food Safety Day Raises Global Awareness: World Food Safety Day was observed on June 7.  

• World Brain Tumour Day and World Oceans Day Observed: World Brain Tumour Day and World Oceans Day were observed on June 8.  

• World Day Against Child Labour Observed: World Day Against Child Labour was observed on June 12.  

• International Albinism Awareness Day Observed: International Albinism Awareness Day was observed on June 13.  

• World Blood Donor Day Celebrated Globally: World Blood Donor Day was observed on June 14.  

• Global Wind Day and World Elder Abuse Awareness Day Observed: Global Wind Day and World Elder Abuse Awareness Day were observed on June 15.  

• World Day to Combat Desertification and Drought Observed: World Day to Combat Desertification and Drought was observed on June 17.  

• Autistic Pride Day Promotes Neurodiversity Acceptance: Autistic Pride Day was observed on June 18.  

• World Sickle Cell Awareness Day and Sauntering Day Observed: World Sickle Cell Awareness Day and World Sauntering Day were observed on June 19.  

• World Music Day Yoga Day and Hydrography Day Observed: World Music Day, International Day of Yoga, and World Hydrography Day were observed on June 21.  

• Widows Day Public Service Day and Olympic Day Observed: International Widows’ Day, United Nations Public Service Day, and International Olympic Day were observed on June 23.  

• International Day Against Drug Abuse Observed: International Day Against Drug Abuse and Illicit Trafficking was observed on June 26.  
• International Asteroid Day Commemorates Tunguska Event: International Asteroid Day was observed on June 30.