National Affairs
Cabinet Approvals and Government Decisions
Union Cabinet chaired by Prime Minister Narendra Modi approved several key proposals on 25.06.2025, marking significant policy developments
Government approved the establishment of South Asia regional centre of Lima (Peru) based International Potato Centre at Singna, Agra in Uttar Pradesh
Cabinet Committee on Economic Affairs (CCEA) approved the Revised Jharia Master Plan (JMP) worth Rs 5,940.47 crore to address fire, land subsidence, and rehabilitation issues in Jharia Coalfield
Pune Metro Rail Project Phase-2 received cabinet approval, covering Vanaz to Chandani Chowk (Corridor 2A) and Ramwadi to Wagholi/Vitthalwadi (Corridor 2B)
Technology and Infrastructure Developments
India launched its first AI-powered Smart Traffic System on Dwarka Expressway in Delhi, marking a technological milestone in traffic management
Ministry of Rural Development (MoRD) and Ministry of Skill Development and Entrepreneurship (MSDE) signed MoU to empower rural women Self Help Groups through skilling and entrepreneurship initiatives
Government of India approved Rs 417 Crore Electronics Manufacturing Cluster in Uttar Pradesh under EMC 2.0 Scheme, boosting domestic electronics production
Eastern Coast Railway (ECoR) launched ‘ECoR Yatra’ App specifically for Puri Rath Yatra pilgrims, enhancing digital services for devotees
Educational Policy Changes
Central Board of Secondary Education (CBSE) introduced biannual Class 10 board examinations system starting from 2026, revolutionizing assessment patterns
CBSE announced major changes for 2025 board examinations including reduced emphasis on lengthy responses and increased focus on competency-based questioning
Internal assessments will now account for 40% of overall marks while final board exams contribute 60% of total evaluation
Board exams for 2025 will commence on 15.02.2025 with Class 10 exams concluding by 18.03.2025 and Class 12 exams extending until 01.04.2025
Agricultural and Industrial Initiatives
Indian Farmers Fertiliser Cooperative (IFFCO) established its first overseas nano fertilizer plant in Brazil through joint venture with NANOFERT company
The Brazil plant has annual capacity of 4.5 million litres and is located in Curitiba, Parana Province with trial production expected by end of 2025
Joint venture operates in 7:3 ratio between IFFCO Nanoventions (India) and NANOFERT (Brazil), targeting crops like corn, soybean, and sugarcane
Banking and Financial Updates
RBI Monetary Policy Decisions
Reserve Bank of India cut repo rate by 50 basis points to 5.50% in June 2025 monetary policy meeting, exceeding market expectations
RBI changed policy stance from accommodative to neutral, indicating balanced approach towards future rate decisions
Cash Reserve Ratio (CRR) reduced by 100 basis points to enhance liquidity transmission in banking system
RBI Governor Sanjay Malhotra emphasized victory over inflation while maintaining growth momentum through monetary easing
GDP growth projected at 6.5% for FY2025-26 with quarterly projections showing balanced risk assessment
CPI inflation forecast revised downward to 3.7% for financial year 2025-26 reflecting improved price stability
Banking Sector Developments
RBI extended Call Money Market timings by 2 hours from 01.07.2025, improving market liquidity and operational efficiency
Bank of Baroda launched bob Flexi Systematic Deposit Plan offering flexible monthly deposits ranging from Rs 500 to Rs 1,00,000 per month
The new scheme allows customers to lock higher interest rates for entire tenure while providing flexibility to increase monthly contributions up to 10 times
Equitas Small Finance Bank partnered with Edelweiss Life Insurance for bancassurance services, expanding financial product offerings
Union Bank of India announced plans to raise Rs 6,000 crore through equity and debt instruments for future growth funding
Coal India reported 8.7% decline in coking coal production for May 2025 at 4.53 million tonnes compared to previous year
Market Performance and Economic Indicators
Indian equity markets showed strong performance with BSE Sensex gaining 1046 points and Nifty crossing 25,100 mark on 20.06.2025
India emerged as top destination in global south for greenfield investments with USD 114 billion according to RBI report
India-G7 trade grew 61% from FY21 to FY25, reaching $248 billion driven by cooperation in energy, security, technology, and healthcare sectors
Office space demand in India rose 11% in Q2 2025 with top seven cities recording 17.8 million sq ft of leasing activity
International Affairs
Space Exploration Achievements
Axiom Space launched Ax-4 Mission to International Space Station carrying astronauts from USA, India, Poland, and Hungary
Group Captain Shubhanshu Shukla became first Indian astronaut to dock at International Space Station after 28-hour journey
The mission launched on 25.06.2025 from NASA’s Kennedy Space Center and successfully docked on 26.06.2025
Shukla represents India’s return to human spaceflight after 41 years since Rakesh Sharma’s historic mission in 1984
The four-member crew will spend approximately 14 days aboard ISS conducting over 60 scientific experiments
Global Political Developments
Iran denied plans for new nuclear talks with United States following 12-day conflict with Israel
Thailand-Cambodia border tensions escalated after deadly clashes with both countries increasing troop presence along disputed areas
North Korea may deploy troops and additional arms to Russia by July-August according to South Korean intelligence briefings
European Union leaders deliberated on US trade deal strategy with Spain refusing separate bilateral negotiations
India criticized Pakistan at UN Security Council for misusing global platform and promoting terrorism
Economic and Trade Updates
US Secretary of State Marco Rubio welcomed Quad partners (Australia, India, Japan) to Washington for strategic discussions
Harvard University unveiled contingency plan allowing select graduate students to continue studies in Canada if US visa restrictions prevent re-entry
Canada agreed to invest 5% of GDP on defense by 2035 following NATO requirements, requiring $150 billion annually
Kenya witnessed anti-government protests resulting in 16 deaths with hundreds injured during demonstrations against economic policies
Sports Updates
Cricket Developments
India’s Jasprit Bumrah likely to miss second Test against England due to workload management concerns
Yashasvi Jaiswal faced criticism for fielding mistakes despite scoring century in first Test at Leeds
India dropped eight catching opportunities during England Test costing team approximately 250 runs
Former fielding coach R Sridhar defended Jaiswal calling him excellent gully fielder despite recent poor performances
Other Sports Achievements
India stamped authority at 2nd Asian Squash Doubles Championships clinching all three titles – men’s, women’s, and mixed doubles
Indian Junior Men’s Hockey Team defeated Australia 2-1 to secure third place at 4 Nations Tournament in Berlin
Khelo India University Games 2025 scheduled to be hosted in Jaipur during November with 4,000 athletes from 200 universities
Manny Pacquiao announced boxing comeback at age 46 to face WBC champion Mario Barrios in Las Vegas on 19.07.2025
Government Appointments and Transfers
High-Level Administrative Changes
Appointments Committee of Cabinet approved series of senior-level appointments and transfers across various ministries
Ashish Kumar Srivastava (IAS:2011: UD) received new administrative assignment in recent government reshuffle
23 IAS officers transferred in Delhi with Niharika Rai appointed as Chairman of Delhi Transport Corporation
Major bureaucratic appointments included key positions in Central Reserve Police Force and Intelligence Bureau
Judicial Appointments
Justice A.S. Chandurkar from Bombay High Court appointed as Supreme Court Judge on 29.05.2025
Justice Vijay Bishnoi, Chief Justice of Gauhati High Court elevated to Supreme Court position
Justice N.V. Anjaria from Karnataka High Court received Supreme Court appointment
Several additional judges appointed across various High Courts including Madhya Pradesh, Punjab, Haryana, and Uttarakhand
Important Days and Observances
National Commemorations
International Day Against Drug Abuse and Illicit Trafficking observed on 26.06.2025 with national-level event at Dr. Ambedkar International Centre, New Delhi
Nasha Mukt Bharat Abhiyaan (NMBA) campaign highlighted with over 15.78 crore people sensitized about substance abuse effects
International Day in Support of Victims of Torture marked on 26.06.2025 raising awareness about human rights violations
World Refrigeration Day celebrated on 26.06.2025 emphasizing importance of cooling technology in modern life
International Observances
Multiple international days celebrated on 27.06.2025 including National Sunglasses Day, Helen Keller Day, and Industrial Workers Day
World Arak Day commemorated highlighting Middle Eastern cultural beverage traditions
National Bingo Day celebrated with community participation across various venues
DeafBlind Awareness Week promoted understanding and support for dual sensory loss community
Corporate and Business News
Major Business Developments
Brand Finance India 100 Ranking 2025 released with Tata Group retaining top position valued at USD 31.6 billion
Reliance Defence secured Rs 600 Crore ammunition export order from Germany’s Rheinmetall company
UAE-India CEPA Council launched startup series to boost innovation and bilateral trade cooperation
Vodafone Idea reportedly in talks with lenders to raise $2.9 billion in long-term loans for network enhancement
Company-Specific Updates
Jio Financial Services announced Rs 190 crore capital infusion into payments banking subsidiary
PB Fintech co-founders may offload 5.05 million shares worth Rs 912 crore at Rs 1,800 per share
Sun Pharmaceutical’s European partner voluntarily withdrew marketing authorization application for skin cancer therapy Nidlegy
Ceat announced plans to raise Rs 500 crore through unsecured non-convertible debentures via private placement
Technology and Innovation
Digital Initiatives
World Technology Summit inaugural event scheduled for November 5-7, 2025 in Pune and Mumbai
MIT World Peace University to host global thought leaders for technology innovation discussions
Summit will focus on Data and Life Sciences with programming highlighting AI, biotechnology, education, and digital infrastructure
India positioned as energy and innovation hub for future technological developments
Infrastructure Technology
AI-powered traffic management systems deployed on major expressways marking technological advancement
Digital applications launched for religious tourism enhancing pilgrim experience and safety
Electronic manufacturing clusters approved boosting domestic technology production capabilities
This comprehensive daily current affairs update for 27.06.2025 covers all major national and international developments relevant for banking, SSC, UPSC, and other competitive examinations in India. The information presented focuses on factual updates without editorial commentary, ensuring reliable preparation material for aspirants.
