Home » Daily Current Affairs and GK Update – 03.06.2025

Daily Current Affairs and GK Update – 03.06.2025

Current Affairs

International Affairs

Ukraine Launches Major Drone Strike on Russian Military Bases

  • Ukraine conducted a large-scale drone attack on Russian military installations, hitting over 40 aircraft across four air bases simultaneously

  • The operation was carried out by Ukraine’s SBU security agency and is being termed as Russia’s “Trojan horse moment”

  • The attack involved FPV (First Person View) drones and is considered to change the rules of battlefield engagement

  • Ukraine’s Operation ‘Spider’s Web’ demonstrates significant strategic implications for modern warfare dynamics

  • This marks one of the largest coordinated drone strikes in the ongoing conflict

Paraguayan President’s State Visit to India

  • Paraguay President Santiago Peña Palacios began a three-day state visit to India on 02.06.2025

  • This is his first visit to India and only the second-ever visit by a President of Paraguay

  • The delegation includes Ministers, senior officials, and business representatives

  • India and Paraguay established diplomatic relations in 1961 and have developed cooperation in trade, agriculture, health, pharmaceuticals, and information technology

  • Paraguay serves as an important trading partner for India in the Latin American region

  • Several Indian companies in automobile and pharmaceutical sectors have presence in Paraguay

India-Brazil Strategic Partnership at Shangri-La Dialogue 2025

  • India and Brazil reinforced bilateral partnership during the Shangri-La Dialogue 2025

  • Meeting led by General Anil Chauhan (Chief of Defence Staff, India) and Admiral Aguiar Freire (Chief of Staff, Brazil’s Armed Forces)

  • Both nations emphasized commitment to a free, open, and inclusive Indo-Pacific

  • Discussions focused on rules-based international order rooted in mutual respect and cooperation

  • Key areas included regional security, freedom of maritime navigation, and sustainable development

National Affairs

Indian Army Reopens Historic Ferozepur Fort After Two Centuries

  • Golden Arrow Division reopened Ferozepur Fort to public for the first time in over 200 years

  • Formal inauguration ceremony held on 01.06.2025 led by Maj Gen RS Manral, SM, VSM

  • The fort showcases 19th-century military architecture from the Sikh Empire with unique hexagonal design

  • Located strategically near Indo-Pakistan border, it played crucial role in First War of Independence 1857

  • Army Public School, Ferozepur adopted the fort for research and scholarly studies

  • Initiative aims to promote border tourism and preserve national heritage

Second Phase of NAKSHA Capacity Building Programme Launched

  • Department of Land Resources launched second phase from 02.06.2025 across five Centres of Excellence

  • Programme inaugurated virtually by Shri Manoj Joshi, Secretary, Department of Land Resources

  • 304 ULB-level and district officers nominated from 157 Urban Local Bodies for training

  • Training focuses on modern geospatial technologies for effective urban property surveys

  • NAKSHA addresses India’s urban population expected to exceed 600 million by 2031

  • Programme implemented across 157 ULBs in 27 States and 3 Union Territories

IATA Annual General Meeting in New Delhi

  • International Air Transport Association held 81st Annual General Meeting in New Delhi from 01-03 June 2025

  • First time India hosts IATA AGM in 42 years since 1983

  • Prime Minister Narendra Modi delivered keynote address on 02.06.2025

  • IndiGo served as host airline with 1,700 participants from around the world

  • IATA represents about 350 airlines accounting for over 80 percent of global air traffic

  • India’s aviation sector directly employs 369,700 people, contributing USD 5.6 billion to GDP

Economy and Business

Japan Loses World’s Largest Creditor Status After 34 Years

  • Japan lost position as world’s largest creditor nation for first time in 34 years

  • Germany overtook Japan to become the new largest creditor nation

  • This shift represents significant change in global economic dynamics

  • Development has implications for international trade and financial relationships

RBI New Draft Rules for Gold Loans

  • Reserve Bank of India introduced new draft regulations for gold loan sector

  • Rules aim to strengthen regulatory framework for gold loan companies

  • Expected to enhance consumer protection and improve operational standards

  • Changes will impact banking and NBFC sectors significantly

Appointments and Governance

Supreme Court Judge Appointments

  • Three new judges appointed to Supreme Court of India

  • Justice N.V. Anjaria – incumbent Chief Justice of Karnataka High Court

  • Justice Vijay Bishnoi – Chief Justice of Gauhati High Court

  • Justice Atul S. Chandurkar – from Bombay High Court

  • Appointments made by President after consultation with Chief Justice of India B.R. Gavai

  • New judges expected to be sworn in on 30.05.2025

Sports News

India Secures Second Position at Asian Athletics Championships 2025

  • India finished second in overall medal tally at Asian Athletics Championships 2025 in Gumi, South Korea

  • Total medal count: 24 medals including 8 gold, 10 silver, and 6 bronze

  • Animesh Kujur and Parul Chaudhary set new National Records

  • Performance demonstrates India’s growing strength in athletics at continental level

NBA Finals 2025 Preview

  • NBA Finals 2025 features Indiana Pacers vs Oklahoma City Thunder

  • Game 1 scheduled for Thursday, 05.06.2025 at 8:30 ET in Oklahoma City

  • First Finals appearance for both teams in over a decade

  • Superstar showdown between Tyrese Haliburton (Pacers) and Shai Gilgeous-Alexander (Thunder)

  • Thunder had historic regular season with franchise-record 68 wins

Infrastructure and Development

New Flight Services Inaugurated in Madhya Pradesh

  • New flight services launched at Datia and Satna airports under UDAN scheme

  • Union Minister for Civil Aviation Ram Mohan Naidu inaugurated service at Datia

  • Minister of State Murlidhar Mohol inaugurated service at Satna

  • Expected to boost tourism, employment, and local industries

  • Services will enhance access to healthcare, education, and retail sectors

Urban Drainage Crisis in India

  • Major focus on urban flooding and concretisation challenges across Indian cities

  • Sponge Cities concept gaining relevance for sustainable urban development

  • Government initiatives aimed at addressing drainage infrastructure gaps

  • Climate change impacts on urban planning highlighted

Science and Technology

Technology Industry and Climate Goals

  • Tech industry’s role in achieving climate objectives under discussion

  • Focus on sustainable development practices in technology sector

  • Integration of environmental considerations in technological advancement

  • Industry commitment to carbon neutrality targets