NATIONAL AFFAIRS
Infrastructure Development
Mumbai-Nagpur Samruddhi Expressway Final Phase Inaugurated
Maharashtra CM Devendra Fadnavis inaugurated the final 76-km stretch from Igatpuri to Amane on 05.06.2025
The complete 701-km expressway is now fully operational
Travel time reduced from 16-18 hours to just 8 hours between Mumbai and Nagpur
Project cost: Rs 55,000 crore
Maximum speed limit: 120 km/h on flat terrain, 100 km/h in ghat sections
Deputy CMs Eknath Shinde and Ajit Pawar attended the inauguration ceremony
The expressway connects 392 villages across 26 talukas in 10 districts
Key Features of Samruddhi Expressway
Six-lane expressway expandable to eight lanes
Longest road tunnel in India measuring 7.8 km
33 major bridges, 274 minor bridges, 65 flyovers, and 6 tunnels
Passes through 3 wildlife sanctuaries
Zero fatality vision with CCTV surveillance every 5 km
Economic Updates
India’s Economic Growth Data for FY25
India’s economic growth slowed to 7.4% in March 2025 quarter
Annual growth rate for FY25 stood at 6.5%
Previous year FY24 GDP growth was 9.2%
UBS maintains optimistic outlook based on domestic demand momentum
Reserve Bank Monetary Policy Committee
Three-day MPC meeting began on 05.06.2025
Expectations of potential rate cut to boost economic growth
Policy decision announcement scheduled for 05.06.2025
Religious and Cultural Events
Ganga Dussehra Celebrations
Celebrated on 05.06.2025 (Jyeshtha Shukla Paksha Dashami)
Commemorates descent of River Ganga from heaven to earth
Auspicious bathing time: 5:25 AM to 7:40 AM
Special significance for devotees across India
Pitra Tarpan and charitable activities performed
Government Initiatives
IICA Regional Campus in Shillong
Indian Institute of Corporate Affairs acquired 5 acres in New Shillong Township
First regional campus outside Delhi
Supported by Rs 100.95 crore under PM-DevINE scheme
Aims to promote institutional presence in Northeast India
Uttar Pradesh Agniveer Policy
25% Agniveers to be retained in UP Police after completion of service
Remaining will receive Seva Nidhi exit package
First eligible batch to benefit from 2026
Fulfills CM Yogi Adityanath’s July 2024 promise
INTERNATIONAL AFFAIRS
Environment and Climate
World Environment Day 2025
Observed globally on 05.06.2025
Theme: “Beat Plastic Pollution”
Hosted by Republic of Korea (Jeju Province)
Focus on ending global plastic pollution crisis
Precedes plastic pollution treaty negotiations by two months
UN Secretary-General called for urgent action against plastic waste
Islamic Observances
Day of Arafah observed on 05.06.2025
Most sacred day in Islamic calendar
Climax of Hajj pilgrimage at Mount Arafat
Special day for prayers, fasting, and seeking forgiveness
International Development
Asian Development Bank Pakistan Aid
ADB approved $800 million program for Pakistan
Focus on strengthening fiscal sustainability
Improvement of public financial management systems
Vietnam Population Policy Change
Vietnam abolished its two-child policy
Aimed at addressing declining birth rates
Response to aging population challenges
BANKING AND FINANCE
Key Banking Updates
Bank Deposit Growth Slows
Bank deposit growth in India slowed to 10.6% year-on-year
Data released by Reserve Bank of India in June 2025
Important indicator for banking sector performance
Finance Commission Demands
Over 22 states demand increase in divisible tax share
Current share: 41%, demanded share: 50%
16th Finance Commission reviewing state demands
Commission chairman Arvind Panagariya consulting states nationwide
Business and Economy
Services Sector Growth
India’s Services Sector sustained growth in May 2025
HSBC India Services PMI at 58.8
Export demand reached 19-year high
Continuous growth for 46 months
Stainless Steel Industry
Jindal Stainless Chairman called for import duty imposition
Aim to protect domestic industry from rising imports
Addressed at 2025 Global Stainless Steel Summit in Mumbai
SPORTS UPDATES
Chess
Norway Chess 2025
Indian Grandmaster Arjun Erigaisi defeated Fabiano Caruana in Round 8
Victory achieved in time scramble with White pieces
World Champion D Gukesh lost to Hikaru Nakamura
Gukesh’s classical winning streak ended
Football
FIFA Club World Cup
Tournament began in United States with 32 teams
Faced challenges including low attendance and player welfare concerns
Prize money controversies and qualification rule disputes
India-Thailand Friendly
India scheduled to face Thailand under coach Manolo Marquez
Young Indian team selected for Asian Cup qualifiers preparation
Previous encounter: India won 4-0 in 2019 under Stephen Constantine
Badminton
Indonesia Open Super 1000
Indian mixed doubles pair staged comeback victory
Sathish Kumar Karunakaran and Aadya Variyath won 15-21, 21-16, 21-17
Defeated higher-ranked Chinese Taipei duo
STATE NEWS
Maharashtra
Complete inauguration of Mumbai-Nagpur Samruddhi Expressway
Enhanced connectivity for Marathwada and Vidarbha regions
Assam
Floods affected over 6 lakh people across 21 districts
12 fatalities reported with extensive crop damage
SDRF and NDRF teams conducting rescue operations
Ladakh
World Bicycle Day celebrated with eco-awareness rally in Kargil
60 cyclists participated from Tourist Facilitation Centre to NHPC Chutak
Rajasthan
Two wetlands added to Ramsar List ahead of World Environment Day
Khichan in Phalodi and Menar in Udaipur designated as Ramsar Sites
India’s total Ramsar Sites increased to 91
Nagaland
CM Neiphiu Rio laid foundation for nine Lighthouse School Complexes
Part of NECTAR Education Project for infrastructure enhancement
IMPORTANT DAYS AND OBSERVANCES
05.06.2025 Observances
World Environment Day – Theme: Beat Plastic Pollution
Ganga Dussehra – Hindu religious festival
Day of Arafah – Islamic observance
06.06.2025 Observances
D-Day Anniversary – Historical significance
Eid al-Adha – Major Islamic festival
Nirjala Ekadashi – Hindu religious observance
APPOINTMENTS AND POLICY CHANGES
PM Modi nominated Shri V. Srinivas for IIAS Presidency
IICA establishment of first regional campus in Northeast
Maharashtra’s Agniveer policy implementation for state police recruitment
TECHNOLOGY AND INNOVATION
Samruddhi Expressway features intelligent highway management system
CCTV surveillance and digital connectivity provisions
Integration with major economic corridors and freight networks
