Monthly current affairs for June 2026

The Indian Army has successfully completed operational trials of the Divyastra Mk-1 in Jodhpur, Rajasthan.

The Divyastra Mk-1 is an advanced indigenous AI powered tactical loitering munition system developed by Hoverit. It is designed to strengthen Intelligence, Surveillance, and Reconnaissance (ISR) capabilities along the border regions of India.

Adani Ports and Special Economic Zone Ltd (APSEZ) has secured a 10-year marine services contract worth $70 million (₹666 crore) for the first Liquefied Natural Gas (LNG) export project in Argentina.

The contract was awarded through competitive bidding to a consortium of Adani Harbour International FZCO and the Argentina-based Meridian Group. The services will be executed by Meridian Transportes Marítimos SA, a joint venture formed with a 51:49 equity split between the partners.

Hindustan Unilever Ltd has inaugurated the Unilever Fragrance Hub (UFH) at the IIT Bombay. This is the third such global facility for the company, after the ones in the UK and the USA.

Chandigarh University in Punjab has become the first private university in India to launch an ‘IndiaAI Data Lab’.

The lab has been established in partnership with Intel India to enhance students’ employability by providing industry-relevant skills in AI, Data Science, and emerging technologies.

Microsoft has unveiled “Majorana 2”, its second-generation topological quantum computing chip developed using its agentic AI platform, “Microsoft Discovery”.

The prototype features 12 topological qubits as a model for scalable systems, with the company aiming to develop commercially viable quantum systems by 2029. Additionally, Microsoft has introduced “Scout”, an AI-powered Microsoft 365 assistant designed to autonomously manage schedules, emails, and meetings.

The Nagaland government has imposed a 1-year statewide ban on the manufacture, storage, transportation, distribution, and sale of all food products containing tobacco or nicotine.

The Appointments Committee of the Cabinet has approved the appointment of Prashant Sitaram Lokhande as the Chairperson of the Central Board of Secondary Education (CBSE). He succeeds Rahul Singh.

India has won the 8th edition of the South Asian Football Federation (SAFF) Women’s Championship title, defeating the defending champion Bangladesh by 3-1 in the final. The tournament was held at the Fatorda Stadium (Pandit Jawaharlal Nehru Stadium) in Goa and featured 6 participating nations.

Individual honours were awarded to Sanfida Nongrum (Most Valuable Player or MVP), Aveka Singh (top scorer with 4 goals), and Panthoi Chanu Elangbam (Best Goalkeeper). Nepal received the Fair Play Award. It is to be noted that this victory marks a record-extending 6th SAFF Women’s Championship title for India.

Lionel Messi, the captain of Inter Miami CF, has been conferred with the Princess of Asturias Award for Sports 2026. He becomes the first individual footballer to receive this honour.

The award recognises his sporting achievements, global influence, and philanthropic efforts in supporting education and healthcare for disadvantaged children.

Vice President CP Radhakrishnan has released a book titled “When Audit Matters: CAG Interventions That Made a Difference” at Uprashtrapati Bhawan, New Delhi.

The book is edited by former Comptroller and Auditor General (CAG) of India Vinod Rai and is published by Rupa Publications India. It demonstrates how effective auditing enhances government systems and reinforces public trust.

Uttar Pradesh CM Yogi Adityanath and Union Minister of State Dr. Jitendra Singh have inaugurated the 8th Regional Meteorological Centre (RMC) in Lucknow.

The facility upgrades the existing Lucknow Meteorological Centre into a regional hub, designed to deliver high-resolution and hyper-local precision weather forecasting. The India Meteorological Department (IMD) now operates 8 RMCs, with the other 7 located in Mumbai, Chennai, New Delhi, Kolkata, Nagpur, Guwahati, and Jammu.

According to a report by Fitch Ratings, the GDP growth projection for India for FY27 has been lowered to 6.4% from the earlier estimate of 6.7%.

The National Statistics Office (NSO) has released the Provisional Estimates (PE) of annual Gross Domestic Product (GDP) for the FY26 and the quarterly estimates for the fourth quarter (Q4) of FY26.

India’s real GDP growth for FY26 is estimated at 7.7%, reflecting a 60 basis points (bps) increase from 7.1% in FY25. Real GDP at constant (2022-23) prices is estimated at ₹323.12 lakh crore for FY26, compared to ₹299.89 lakh crore in the First Revised Estimates (FRE) for FY25

Nominal GDP at current prices grew by 8.9% in FY26 to reach ₹346.36 lakh crore, compared to 9.7% growth and a value of ₹318.07 lakh crore in the previous financial year. These estimates are based on a revised base year of 2022-23, which was introduced by the Ministry of Statistics and Programme Implementation (MoSPI) in February 2026, replacing the previous 2011-12 base year.

In Q4 FY26, real GDP grew by 7.8%, with the value estimated at ₹87.77 lakh crore, up from ₹81.40 lakh crore in Q4 FY25. Meanwhile, nominal GDP in Q4 FY26 registered a growth rate of 9.1%, reaching an estimated value of ₹94.65 lakh crore compared to ₹86.75 lakh crore in Q4 FY25.

The Pension Fund Regulatory and Development Authority (PFRDA) has launched the ‘StAR NPS’ platform. Developed by the Bombay Stock Exchange (BSE) Technologies Pvt Ltd (BTPL), this digital onboarding solution aims to simplify the subscriber registration process for the National Pension System (NPS).

The PFRDA has also introduced a ‘Regulatory Sandbox Framework’, effective from June 2, 2026, to facilitate the controlled testing of innovative pension-sector solutions before their wider implementation.

The RBI has released the ‘Annual Report 2025-26’. The Balance Sheet (BS) of the RBI expanded by 20.6% in FY26, increasing from ₹76.25 lakh crore to ₹91.97 lakh crore, registering a growth of ₹15.72 lakh crore. A provision of ₹1.09 lakh crore was transferred to the Contingency Fund (CF).

The expansion on the assets side was driven by a 44.9% increase in domestic investments to ₹22.59 lakh crore, a 63.8% rise in gold holdings to ₹10.94 lakh crore, and a 7.9% growth in foreign investments to ₹52.68 lakh crore. The number of reported fraud cases declined to 10,114 from 23,722 in the previous year.

The Telangana government and the German state of Thuringia have signed a cooperation agreement to strengthen collaboration in sectors like skill development, industrial growth, innovation, technology, workforce development, startups, and life sciences.

The collaboration also includes the establishment of a German Language Training Hub in Hyderabad, which will be integrated with the Telangana Overseas Manpower Company (TOMCOM) to enhance capacity building.

Mette Frederiksen, leader of the Social Democrats, has secured a third consecutive term as the Prime Minister of Denmark.

She is the second woman to serve as the PM of Denmark, succeeding Helle Thorning-Schmidt. Frederiksen remains the youngest individual to hold the office of PM in Denmark.

The Ministry of Corporate Affairs (MCA) has approved the incorporation of Mahindra Manulife Insurance Ltd (MMIL). It is a 50:50 life insurance joint venture between the Mahindra Group (India) and the Manulife Financial Corporation (MFC) (Canada).

The venture aims to provide AI-native and digitally-led insurance solutions across rural, semi-urban, and urban India, aligning with the vision of “Insurance for All”.

Japan-based SoftBank Group has divested a 3.25% stake in Lenskart Solutions through its affiliate SoftBank Vision Fund II (SVF II) Lightbulb (Cayman) Ltd. The transaction was executed through the sale of 5.65 crore shares.

The Digital India BHASHINI Division (DIBD) has launched the ‘VYOMA Innovation Challenge’ to promote the development of open-source, multilingual, and voice-first AI solutions. The initiative is launched in partnership with Current AI and Kalpa Impact.

The challenge focuses on creating AI solutions that can operate in offline and low-connectivity environments. It is structured around ‘Sunno Sutra’, a multilingual, voice-first, open-source handheld AI reference device.