National News Updates
Banking and Financial Sector
Bank of India Dividend Record Date: Bank of India has set 20.06.2025 as the record date for its final dividend of ₹4.05 per equity share for FY25, with shareholders needing to hold shares by 19th June to be eligible for the dividend payment
RBI Monetary Policy Impact: Following the Reserve Bank of India’s aggressive 50 basis points repo rate cut to 5.50% in June 2025, State Bank of India reduced fixed deposit and savings account interest rates effective from 15th June, with savings rates dropping by 5 basis points to 2.65% per annum
Credit Card Policy Changes: Major banks including Kotak Mahindra Bank and Axis Bank implemented significant changes to credit card reward structures and fee policies from June 2025, affecting utility payments, fuel purchases, and online transactions
SEBI Mutual Fund Regulations: New cut-off timings for overnight and liquid mutual fund schemes came into effect from 01.06.2025, with different timings for online and offline redemption requests to enhance transparency
Government Initiatives and Policy Updates
UPSC Pratibha Setu Launch: The Union Public Service Commission launched Pratibha Setu platform to connect skilled but non-selected candidates with government and private sector job opportunities, benefiting thousands of qualified aspirants
India’s QS World Rankings Improvement: India demonstrated significant progress in QS World University Rankings 2026, reflecting strong government initiatives in education, research, and youth-focused development programs
Census 2027 Announcement: India announced the launch of its 16th Census in 2027, marking the first digital and caste-inclusive population count in the country’s history
Prime Minister’s Foreign Tour: PM Modi embarked on a three-nation diplomatic tour starting from Cyprus, marking key international engagements ahead of the G7 Summit
State-Level Developments
Maharashtra CET Results: Maharashtra Common Entrance Test (MHT CET) 2025 results were declared, affecting thousands of engineering and medical aspirants across the state
Tamil Nadu Education Initiatives: The state government released Class 12 public examination results for 2024-25 academic year, with special recognition for differently-abled students who excelled despite challenges
Bengaluru Metro Expansion: Bengaluru’s Yellow Line Metro began partial operations, improving public transportation connectivity in the Karnataka capital
Jammu & Kashmir Tourism: Plans to reopen 16 tourist spots in J&K after recent disruptions, boosting the region’s tourism sector
International News Updates
Middle East Crisis
Israel-Iran Conflict Escalation: The ongoing Israel-Iran conflict intensified with Iranian missile strikes targeting Israeli hospitals and civilian areas, while Israel continued airstrikes on Iranian nuclear facilities and military installations
Trump Administration’s Stance: US President Donald Trump reviewed military attack plans concerning Iran but delayed immediate action to assess whether Tehran would step back from its nuclear program ambitions
International Diplomatic Efforts: G7 leaders meeting in Canada addressed the Israel-Iran crisis as a primary agenda item, with discussions focusing on preventing nuclear proliferation and maintaining regional stability
Civilian Casualties: Iranian health ministry reported over 224 casualties from Israeli airstrikes, with approximately 90% being civilians, while Israeli authorities confirmed at least 10 deaths including children
G7 Summit 2025
PM Modi’s Participation: Prime Minister Narendra Modi attended the 51st G7 Summit in Kananaskis, Alberta, Canada, marking his sixth consecutive participation and first visit to Canada in nearly a decade
Key Discussion Areas: Summit agenda focused on energy security, technological cooperation, artificial intelligence, quantum computing, and addressing global economic challenges
Bilateral Meetings: PM Modi held crucial bilateral discussions with Canadian Prime Minister Mark Carney and other world leaders to strengthen diplomatic relations
India-Canada Relations: The summit provided an opportunity to rebuild strained India-Canada diplomatic ties, considering Canada’s large Indian diaspora of 1.8 million people
Other International Developments
India-Central Asia Dialogue: The 4th India-Central Asia Dialogue was held in New Delhi on 06.06.2025, strengthening strategic partnerships with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan
NASA-ISRO Collaboration: NASA and ISRO announced plans to launch the NISAR radar satellite from India in July 2025 for high-precision Earth surface monitoring
Global Climate Predictions: World Meteorological Organization predicted 80% chance of at least one of the next five years exceeding 2024 as the warmest on record, with 70% probability of 5-year average warming exceeding 1.5°C
Sports Updates
Cricket News
Indian Test Team Changes: Rishabh Pant confirmed Shubman Gill would bat at number 4 in the upcoming Test series against England, following senior players’ retirement decisions
England’s Expectations: England pacer Brydon Carse expressed confidence about challenging India’s young Test team despite the recent retirement of experienced players like Virat Kohli and Rohit Sharma
Table Tennis Achievement
Ultimate Table Tennis Championship: U Mumba clinched their first Ultimate Table Tennis championship title, marking a significant milestone in Indian table tennis
International Sports Events
French Open 2025: Tennis Grand Slam completed with Carlos Alcaraz winning men’s singles and Coco Gauff claiming women’s singles titles
European Championships: Multiple European championships scheduled across various sports including artistic gymnastics, rowing, and athletics during June 2025
Technology and Innovation
Artificial Intelligence Developments
OpenAI o3-pro Launch: OpenAI released its most advanced AI model o3-pro with enhanced reasoning capabilities, representing significant progress in artificial intelligence technology
AI Health Monitoring: Revolutionary HF-index AI system introduced for monitoring heart failure severity using everyday devices like Apple Watch, transforming healthcare monitoring
Space Technology
SpaceX Updates: SpaceX Starship exploded during testing, highlighting ongoing challenges in space exploration technology development
ISRO Achievements: Indian Space Research Organisation continued collaborative efforts with international space agencies for upcoming missions
Education Sector Updates
Examination News
NEET PG 2025: Supreme Court allowed National Board of Examinations extension, confirming NEET PG 2025 examination date as 03.08.2025 in single shift format
UGC NET Schedule: National Testing Agency released complete schedule and subject-wise timetable for UGC NET June 2025 examination
UPSC Results: UPSC CSE Prelims 2025 results were officially declared, with candidates able to access results through official portals
Admission Updates
JoSAA Counselling: JoSAA Counselling 2025 First Allotment List released for engineering candidates seeking admission in IITs, NITs, and premier institutions
IIT Delhi Innovation: IIT Delhi launched new B.Tech in Design program, considering UCEED, JEE Main, and JEE Advanced 2025 scores for multidisciplinary education
Online Learning Expansion: Banaras Hindu University launched 63 new SWAYAM courses for 2025, expanding accessible online education opportunities
Economic and Business Updates
Market Performance
Stock Market Trends: Mahindra & Mahindra stock recommended as buy at ₹3,092 level, with trading range between ₹2,930 and ₹3,170 since May 2025
Air India Operations: Air India reduced 15% of international widebody flights due to safety checks and global tensions, while clearing 26 aircraft for service after Boeing 787 incident
Energy Sector
Wind Energy Growth: India added 1.8 GW wind energy capacity in Q1 2025, marking 63% year-over-year increase and 134% quarter-over-quarter growth
Renewable Energy Targets: Various states announced ambitious renewable energy targets, with Telangana setting 2.5 GW wind installation target and Andhra Pradesh planning 35 GW by 2029
Weather and Environment
Monsoon Updates
Early Monsoon Arrival: Monsoon arrived early in Rajasthan on 18th June 2025, marking the first early arrival in three years according to India Meteorological Department
Rainfall Predictions: Heavy rains expected across Gujarat, Odisha, West Bengal, northeastern states, and Delhi-NCR regions as monsoon progresses over Bihar and Uttar Pradesh
Climate Concerns
Heatwave Impact: Multiple cities across India experienced severe heatwave conditions, leading to increased air conditioning sales and strain on power infrastructure
Health Advisory: Authorities reported heat-related casualties in major cities, emphasizing the need for preventive measures during extreme weather conditions
Important Dates and Events
June 2025 Calendar
07.06.2025: Bakrid/Eid al-Adha celebrated nationally (except in Arunachal Pradesh, Chandigarh, Dadra and Nagar Haveli, Daman and Diu, and Sikkim)
11.06.2025: Sant Guru Kabir Jayanti observed in Chhattisgarh, Himachal Pradesh, Haryana, and Punjab
15.06.2025: Raja Sankranti celebrated in Odisha and YMA Day in Mizoram
20.06.2025: Bank of India dividend record date
27.06.2025: Ratha Yatra festival in Manipur and Odisha
Upcoming Important Events
International Yoga Day: 21st June 2025 celebrations planned across India with participation from Chief Justice of India and Supreme Court judges
Monsoon Progress: Continued monitoring of monsoon advancement across different regions of India
G7 Summit Outcomes: Implementation of decisions taken during the G7 Summit in Canada
Key Takeaways for Competitive Exams
Banking Awareness
RBI’s monetary policy stance changed to neutral with significant rate cuts
Major banks implementing policy changes affecting customers
Digital payment and financial inclusion initiatives gaining momentum
General Knowledge Updates
India’s improved international rankings in education and research
Strategic diplomatic engagements strengthening international relations
Technological advancements in space, AI, and renewable energy sectors
Current Affairs Highlights
Israel-Iran conflict requiring diplomatic intervention
Climate change impacts and environmental challenges
Educational reforms and examination system improvements
Economic Developments
Renewable energy sector showing robust growth
Stock market trends and sectoral performance analysis
Government initiatives supporting economic growth and development
This comprehensive update covers all major developments relevant for competitive examinations including UPSC, SSC, Banking, and other government job preparations. Stay updated with daily current affairs for better exam preparation and general awareness enhancement.
