International Affairs
Middle East Conflict Escalates
United States has joined Israel in striking Iranian nuclear facilities under Operation Midnight Hammer
Three major Iranian nuclear sites targeted – Fordow, Natanz, and Isfahan facilities
US President Donald Trump confirmed strikes using B-2 stealth bombers carrying 30,000-pound bunker-busting bombs
Death toll in Iran crosses 400 with over 3,500 injured, while Israel reports 24 casualties
UNSC emergency meeting called with Russia, China, and Pakistan demanding immediate ceasefire
Iran threatens retaliation against US strikes on nuclear infrastructure
Over 40,000 US troops stationed across Middle East placed on high alert
FIFA Club World Cup 2025
Manchester City faces Al Ain at Mercedes-Benz Stadium in Atlanta, Georgia
Competition format features expanded structure with multiple group stage matches
Juventus currently leads Group A with perfect record after defeating Wydad 4-1
National Affairs
Political and Administrative Updates
Karnataka Deputy CM DK Shivakumar launches new CityCat vehicle for Bengaluru transportation
Yettinahole water project promised for Kolar district by 2027
Noida approves new redevelopment policy for replacing old EWS flats
Bandikui-Jaipur Expressway 67-km route completed after 8-month delay, reducing travel time to 30 minutes
Security and Defense Developments
NIA arrests two Kashmiri locals for sheltering Pakistani terrorists in Pahalgam terror attack
Indian Navy to induct stealth frigate ‘Tamal’ on July 1 in Russia
Defense Secretary announces plan to reduce weapon procurement timeline from 6 years to 2 years
India’s defense exports grow from Rs 686 crore to over Rs 23,000 crore in past decade
Defense production reaches record Rs 1.27 lakh crore in 2023-24, marking 174% jump since 2014-15
Space Mission Updates
ISRO’s Axiom-4 mission to International Space Station rescheduled for June 22, 2025
Group Captain Shubhanshu Shukla represents India alongside astronauts from Poland and Hungary
Mission involves 14-day stay at ISS with SpaceX Falcon-9 launch vehicle
Banking and Financial Sector
RBI Monetary Policy Decisions
RBI cuts repo rate by 50 basis points to 5.50% in June 2025 monetary policy
Cash Reserve Ratio reduced by 100 basis points
Monetary policy stance changed from ‘accommodative’ to ‘neutral’
Inflation outlook revised downward to 3.7% for FY 2025-26
GDP growth projected at 6.5% for 2025-26
Banking Interest Rate Changes
Seven major banks reduce home loan interest rates following RBI repo rate cut
State Bank of India reduces RLLR from 8.25% to 7.75% plus Credit Risk Premium
Union Bank of India cuts EBLR to 8.25% effective June 11, 2025
Punjab National Bank revises RLLR from 8.85% to 8.35%
Bank of Baroda reduces BRLLR from 8.65% to 8.15%
Canara Bank cuts RLLR from 8.75% to 8.25%
Home loan EMIs expected to decrease for borrowers with repo-linked loans
Economic Indicators
World Bank retains India’s GDP growth forecast at 6.3% for FY 2025-26
India remains fastest-growing large economy despite global uncertainty
Investment growth expected to slow due to global policy uncertainty
Competitive Examination Updates
NEET 2025 Results
NEET UG 2025 results declared on June 14, 2025
Total 22,09,318 candidates appeared, 12,36,531 qualified
Mahesh Kumar from Rajasthan secures AIR 1 with 99.99 percentile
Utkarsh Awadhiya from Madhya Pradesh achieves AIR 2
Avika Aggarwal from Delhi becomes female topper with AIR 5
Highest score recorded at 686 out of 720 marks
NEET 2025 cutoff reduced compared to previous year
JEE Main 2025 Session 2
JEE Main 2025 Session 2 scheduled for April 2, 3, 4, 7, and 8 for Paper 1
Paper 2 (BArch and BPlan) scheduled for April 9
Total 12.58 lakh candidates appeared for Session 1
14 students achieved 100th percentile in Session 1
UPSC Examination Schedule
UPSC Mains 2025 scheduled to commence on August 22, 2025
Five-day examination covering nine papers
Essay paper scheduled for August 22, 2025
UPSC Prelims 2026 scheduled for May 24, 2026
SSC and Railway Recruitment
SSC releases examination calendar for June 2025
JSA/LDC and SSA/UDC Grade Limited Departmental Competitive Examinations on June 15, 2025
RRB Group D 2025 exam dates announced for July 26 to September 27, 2025
RRB Group D admit cards to be released from July 22, 2025
Total 1.08 crore applications received for RRB Group D 2025
32,438 vacancies available across various railway posts
Government Schemes and Initiatives
Key Government Schemes 2025
PM Vishwakarma Scheme allocated Rs 13,000 crore for traditional artisans
Amrit Bharat Station Scheme with Rs 10,000 crore budget for railway station redevelopment
PM Surya Ghar Yojana allocated Rs 75,000 crore for household solar energy adoption
National Digital Health Mission continues with Rs 1,600 crore funding
Pradhan Mantri Janjatiya Unnat Gram Abhiyan launched with Rs 7,000 crore for tribal development
Educational Initiatives
PM Schools for Rising India (PM SHRI) allocated Rs 27,360 crore
STARS Project continues with $500 million World Bank funding
Institutions of Eminence Scheme allocated Rs 10,000 crore for world-class education
Sports Updates
Cricket News
India vs England Test match continues at Headingley
Jasprit Bumrah achieves 5-83 figures, his 14th Test five-wicket haul
Rishabh Pant faces potential ICC sanctions after heated ball-change dispute
Major League Cricket 2025 features 34 matches across six teams
West Indies Women vs South Africa Women T20I series ongoing
Olympic and International Sports
Olympic Day 2025 celebrated with ‘Let’s Move’ theme on June 23
Over 150 National Olympic Committees participate in Olympic Day celebrations
Samsung launches ‘Let’s Move’ challenge for 260,000 steps between June 23 and July 21
50 sports venues in India made available for free sports activities
Tennis Updates
Wimbledon 2025 schedule released for June 30 to July 13
First round matches for Gentlemen’s and Ladies’ Singles on June 30-July 1
Tournament maintains traditional grass court format and all-white dress code
Weather and Environmental Updates
Monsoon Forecast 2025
IMD projects above-normal monsoon rainfall at 106% of Long Period Average
Central and Southern India expected to receive above-normal rainfall
Northwest India likely to experience normal rainfall between 92-108% of LPA
Northeast India anticipated to receive below-normal rainfall (less than 94% of LPA)
June 2025 monsoon onset projected to be robust with above-normal rainfall
Daily Weather Alert
Delhi issued yellow alert for light to moderate rainfall on June 23, 2025
Maximum temperature expected around 34 degrees Celsius
Minimum temperature likely to settle at 27 degrees Celsius
Thunderstorms and gusty winds at 30-40 kmph predicted
Delhi’s air quality remains in ‘satisfactory’ category with AQI of 98
Important Dates to Remember
June 23, 2025: Olympic Day celebrations worldwide
June 25, 2025: UGC NET 2025 examination
July 1, 2025: INS Tamal induction into Indian Navy
July 16, 2025: RRB Group D city intimation slip release
July 22, 2025: RRB Group D admit card release
July 26, 2025: RRB Group D examination begins
August 22, 2025: UPSC Mains 2025 examination starts
Key Economic Data
Banking Sector Performance
India Inc revenue grows 6.21% year-on-year in March 2025 quarter
Nifty 50 companies record 6.07% revenue growth
Net profit increases 11.37% for Nifty 50 companies
Large-cap companies show 17.12% net profit growth
Defense Sector Growth
Defense budget increases from Rs 2.53 lakh crore (2013-14) to Rs 6.81 lakh crore (2025-26)
Target set for Rs 3 lakh crore defense production by 2029
Defense exports grow from negligible to Rs 23,000 crore
Indigenous defense manufacturing receives major policy support
This comprehensive update covers all major developments relevant for competitive examination preparation, focusing on banking sector changes, government policies, international affairs, and important administrative decisions that frequently appear in various competitive examinations across India.
