• The Government of India has extended Unified Pension Scheme
(UPS) benefits to Central Government employees who retired under
the National Pension System (NPS) with at least 10 years of
service on or before March 31, 2025
• The Central Government has officially notified the operational
guidelines for the Scheme to Promote Manufacturing of Electric
Passenger Cars in India
• The Department of Posts (DoP) has introduced a comprehensive
policy framework for DHRUVA, a Digital Address Digital Public
Infrastructure (DPI) designed to provide a unique and precise digital
address for every home in India
• The Telangana State government has established the Kumram
Bheem Conservation Reserve, covering 88 square kilometres, to
serve as a vital wildlife corridor connecting multiple tiger reserves and
sanctuaries across central India
• Union Minister of Ports, Shipping & Waterways, Shri Sarbananda
Sonowal, attended the signing of a Memorandum of Understanding
(MoU) between Garden Reach Shipbuilders and Engineers Ltd.
(GRSE), Kolkata and Norway’s Kongsberg, marking the beginning of
India’s indigenous development of its first-ever Polar Research
Vessel
• Union Minister of Ports, Shipping & Waterways Sarbananda
Sonowal held a bilateral meeting with Japan’s Vice Minister for
International Affairs, Terada Yoshimichi, in Oslo, Norway,
focusing on strengthening maritime ties between the two countries
• Veteran South African wicketkeeper-batter Heinrich
Klaasen announced his retirement from international cricket,
marking the end of a seven-year career that began in 2018
• The Women’s ODI World Cup 2025 is scheduled to take place
from 30th September to 2nd November 2025, jointly hosted
by India and Sri Lanka
• A new book by TCA Srinivasa Raghavan, titled Indira Gandhi and the
Years that Transformed India, offers a scholarly and
neutral perspective on Indian politics during the 1970s, focusing
particularly on the Emergency period (1975-77).
• On June 4th, International Day of Innocent Children Victims of
Aggression 2025 is observed all over the world as an awareness
event.
• The Reserve Bank of India (RBI) has launched the 2024-25 round of
its annual survey on Foreign Liabilities and Assets (FLA) of Mutual
Funds and Asset Management Companies (AMCs).
• The Reserve Bank of India (RBI) may announce a "jumbo rate cut"
of 50 basis points (bps) on June 6, 2025, during its Monetary Policy
Committee (MPC) meeting to boost the credit cycle and manage
uncertainties.
• Nearly two years after the withdrawal of ₹2,000 notes by the
Reserve Bank of India (RBI), currency worth ₹6,181 crore is still in
circulation as of May 31, 2025.
• Russia is committed to delivering the remaining two units of the S-
400 air defence system to India by 2025-26.
• ESPS Reina Sofia (commanded by Cdr Salvador Moreno Regil,
Spanish Navy) and ITS Antonio Marceglia (commanded by Cdr
Alberto Bartolomeo, Italian Navy) visited Mumbai from 26 May to 01
June 2025 for an operational turnaround.
• S Padmanabhan, PGP '82 alumnus of IIM Bangalore and recipient
of the Distinguished Alumni Award (2008), has been
appointed Chairman of Tata Chemicals effective 30 May 2025.
• Sailesh C Mehta, Managing Director of Deepak Fertilizers and
Petrochemicals Corporation Ltd (DFPCL), has been elected as the
new Chairman of the Fertiliser Association of India (FAI).
• The Government of India has decided to appoint Dinesh
Pant and Ratnakar Patnaik as Managing Directors (MDs) of Life
Insurance Corporation of India (LIC) effective on or after June 1,
2025.
• Karol Nawrocki, a nationalist opposition candidate, won Poland’s
presidential election by securing 50.89% of the vote, as
per election commission data.
• The Government has extended the tenure of Swarup Kumar
Saha, Managing Director (MD)&Chief Executive Officer
(CEO) of Punjab & Sind Bank by about 21 months.
