Daily Current Affairs June 27

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June 27 | Daily Current Affairs 2025

Important Days – Daily Current Affairs June 27

1. What date is observed as the International Day of the Celebration of the Solstice?
A) 20 March
B) 21 June
C) 23 September
D) 21 December
E) 1 July
Answer: B) 21 June

Event and Location:

  • Event: Recognition of 21 June as the International Day of the Celebration of the Solstice
  • Location: Globally observed (UN-recognized)
  • Date: 21 June

Mandates and Objectives:

  • Mandates: The United Nations General Assembly designated 21 June as the International Day of the Celebration of the Solstice to honor the unity of cultural heritage and centuries-old traditions associated with solstices and equinoxes.
  • Objectives: To recognize and promote the cultural significance of solstices and equinoxes, reinforce traditions tied to agricultural and seasonal cycles, and foster unity, peace, and mutual respect among diverse communities worldwide.

Important Terms Explained:

  • Solstice: An astronomical event occurring twice a year (around 21 June and 21 December), where the Sun reaches its most northerly or southerly point in the sky. The June solstice marks the longest day of the year in the Northern Hemisphere.
  • Equinox: An astronomical event occurring around 20 March and 23 September when day and night are nearly equal in length. It signifies the start of spring and autumn, respectively.
  • Intangible Cultural Heritage: Practices, representations, expressions, knowledge, and skills recognized by UNESCO as part of the cultural heritage of communities, such as the summer solstice fire festivals in the Pyrenees, inscribed on its Representative List.

Tabular Summary:

Parameter Details
Event name International Day of the Celebration of the Solstice
Announcement date 21 June
Location Global (recognized by UN Member States)
Issuing authority United Nations General Assembly
Policy/series name UN International Observance Days
Key figures Recognized by UN Member States; observed in various cultures
Purpose/reason To celebrate cultural diversity, traditions, and seasonal significance of solstices
Feature details Includes festivals, folklore, social rituals, and preservation of cultural identity
Validity or status Annually observed on 21 June
Strategic/significant value Promotes unity, peace, cultural identity, and sustainable practices tied to seasonal cycles

2. When was the first-ever International Day of Deafblindness observed by the United Nations?
A) June 1, 2025
B) June 16, 2025
C) June 23, 2025
D) June 27, 2025
E) July 5, 2025
Answer: D) June 27, 2025

Event and Location:

  • Event: First-ever observance of the International Day of Deafblindness by the United Nations
  • Location: Global
  • Date: June 27, 2025

Mandates and Objectives:

  • Mandates: The United Nations General Assembly (UNGA) officially designated June 27 as the International Day of Deafblindness through Resolution A/RES/79/294, in honor of Helen Keller’s birth anniversary.
  • Objectives: To promote global awareness of deafblindness, advocate for the rights, inclusion, and accessibility of individuals with deafblindness, and highlight their contributions to society.

Important Terms Explained:

  • Deafblindness: A unique disability involving a combined loss of hearing and vision, resulting in significant challenges in communication, mobility, and access to information.
  • Deafblind International Awareness Week: A global campaign observed in the last week of June (June 23–29, 2025) to raise awareness about deafblindness and promote inclusion, independence, and leadership of individuals with deafblindness.
  • World Federation of the Deafblind (WFDB): A global advocacy organization working to protect the rights of people with deafblindness. It played a major role in achieving UN recognition of June 27 as International Day of Deafblindness.

Tabular Summary:

Parameter Details
Event name First International Day of Deafblindness
Announcement date June 16, 2025 (UNGA Resolution adopted)
Observance date June 27, 2025
Location Global
Issuing authority United Nations General Assembly (UNGA)
Policy/series name Deafblind International Awareness Week (June 23–29, 2025)
Key figures Helen Keller (commemorated); Sanja Tarczay (WFDB President); Hrvoje Ćurić Hrvatinić (Croatia)
Purpose/reason Raise awareness and advocate for inclusion of people with deafblindness
Feature details Global campaign, UN resolution, awareness theme on leadership and empowerment
Validity or status First global observance in 2025; to be marked annually
Strategic/significant value Strengthens global inclusion efforts and highlights disability rights advocacy

3. What was the theme of MSME Day 2025 as declared by the United Nations?
A) Supporting Informal Businesses Globally
B) Enhancing the role of MSMEs in Economic Recovery
C) Building MSMEs for Digital Transformation
D) Enhancing the role of MSMEs as drivers of Sustainable Growth and Innovation
E) Inclusive Growth through MSME Reform
Answer: D) Enhancing the role of MSMEs as drivers of Sustainable Growth and Innovation

Event and Location:

  • Event: Micro-, Small and Medium-sized Enterprises (MSME) Day 2025 observed globally
  • Location: United Nations Events held in New York (June 24) and Geneva (June 27)
  • Date: June 27, 2025

Mandates and Objectives:

  • Mandates: The United Nations General Assembly (UNGA) declared 27 June as MSME Day through Resolution A/RES/71/279 to recognize the importance of MSMEs in achieving the Sustainable Development Goals (SDGs).
  • Objectives: To raise awareness of MSMEs’ vital role in inclusive and sustainable economic growth and to address their needs through better policies, finance, infrastructure, and innovation support.

Important Terms Explained:

  • MSMEs (Micro-, Small and Medium-sized Enterprises): Businesses that constitute about 90% of firms, contribute to 60-70% of global employment, and generate 50% of global GDP. They are critical to local development and social inclusion.
  • Sustainable Development Goals (SDGs): A set of 17 global goals set by the United Nations to end poverty, protect the planet, and ensure prosperity for all by 2030. MSMEs contribute significantly to several SDGs, especially those related to employment, economic growth, and innovation.
  • FfD4 (Fourth International Conference on Financing for Development): A major global event aimed at discussing financing strategies for sustainable development, where MSMEs are expected to be a central focus in 2025.

Tabular Summary:

Parameter Details
Event name Micro-, Small and Medium-sized Enterprises (MSME) Day 2025
Announcement date 27 June 2025
Location Global; UN events in New York (June 24) and Geneva (June 27)
Issuing authority United Nations General Assembly (UNGA)
Policy/series name UN MSME Day Resolution A/RES/71/279
Key figures MSMEs contribute 90% of businesses, 60–70% employment, 50% GDP globally
Purpose/reason To highlight MSMEs’ role in sustainable development and economic resilience
Feature details 2025 theme: “Enhancing the role of MSMEs as drivers of Sustainable Growth and Innovation”
Validity or status Annual observance on June 27, recognized globally
Strategic/significant value Aligns with SDGs; focuses on supporting MSMEs through policy reform, financial access, and innovation

Sports – Daily Current Affairs June 27

4. When is the India vs Pakistan match scheduled in the ICC Women’s T20 World Cup 2026?
A) June 12
B) June 14
C) June 16
D) July 5
E) June 18
Answer: B) June 14

Event and Location:

  • Event: Schedule announcement of the ICC Women’s T20 World Cup 2026
  • Location: England (host country)
  • Date: June 18, 2025 (schedule release); tournament begins June 12, 2026

Mandates and Objectives:

  • Mandates: The International Cricket Council (ICC) released the complete schedule for the 10th edition of the Women’s T20 World Cup 2026, featuring 12 teams competing across seven venues in England from June 12 to July 5.
  • Objectives: To promote global women’s cricket, enhance viewership, and ensure competitive engagement among top cricketing nations through a structured format involving round-robin and knockout stages.

Important Terms Explained:

  • ICC Women’s T20 World Cup: A biennial international championship for women’s Twenty20 cricket organized by the International Cricket Council (ICC). The 2026 edition is the 10th of its kind.
  • Lord’s Cricket Ground: Known as the “Home of Cricket,” this iconic stadium in London will host the final of the 2026 Women’s T20 World Cup.
  • Group Stage Format: Teams are divided into two groups of six, each playing five matches within their group. The top two teams from each group qualify for the semi-finals.

Tabular Summary:

Parameter Details
Event name ICC Women’s T20 World Cup 2026
Announcement date June 18, 2025
Location England (host country); matches across 7 venues
Issuing authority International Cricket Council (ICC)
Policy/series name ICC Women’s T20 World Cup
Key figures India vs Pakistan on June 14; Final on July 5 at Lord’s
Purpose/reason Promote women’s cricket and determine the T20 world champion
Feature details 12 teams in 2 groups; semi-finals at The Oval, final at Lord’s
Validity or status 10th edition, scheduled from June 12 to July 5, 2026
Strategic/significant value Enhances visibility of women’s cricket and fosters international sports diplomacy

Obituary – Daily Current Affairs June 27

5. Which legendary composer, best known for the Mission: Impossible theme, passed away at the age of 93 in June 2025?
A) John Williams
B) Ennio Morricone
C) Hans Zimmer
D) Lalo Schifrin
E) Alan Silvestri
Answer: D) Lalo Schifrin

Event and Location:

  • Event: Death of Mission: Impossible theme composer Lalo Schifrin
  • Location: Washington DC, United States (reported)
  • Date: June 27, 2025

Mandates and Objectives:

  • Mandates: Renowned Argentine-American composer Lalo Schifrin passed away at age 93 due to pneumonia-related complications.
  • Objectives: To honor the memory and contribution of Schifrin, whose works revolutionized film and television scoring with jazz, orchestral, and experimental blends.

Important Terms Explained:

  • Mission: Impossible Theme: Composed by Lalo Schifrin, this iconic musical piece gained global recognition as the signature tune of both the TV series and film franchise.
  • Grammy Awards: Schifrin won five Grammy Awards, including two for the Mission: Impossible theme, recognizing excellence in music.
  • Honorary Oscar: In 2018, Schifrin was awarded an Honorary Academy Award for lifetime achievement in film music, becoming only the third composer ever to receive such recognition.

Tabular Summary:

Parameter Details
Event name Death of Lalo Schifrin, composer of Mission: Impossible theme
Announcement date June 27, 2025
Location United States
Issuing authority Family and Media Reports (e.g., Variety, ANI)
Key figures Lalo Schifrin, William & Ryan Schifrin, Masayoshi Son (mention in tech news)
Purpose/reason To recognize Schifrin’s death and contribution to film and TV music
Feature details Won 5 Grammys, nominated 6 times for Oscars, composed over 40 TV scores
Validity or status Schifrin passed away at age 93 due to pneumonia
Strategic/significant value Composer of timeless works, especially the globally famous Mission: Impossible theme

Ranking – Daily Current Affairs June 27

6. What is the total number of Indian institutions featured in the QS World University Rankings 2026?
A) 43
B) 58
C) 54
D) 38
E) 62
Answer: C) 54

Event and Location:

  • Event: India records best-ever performance in QS World University Rankings 2026
  • Location: Global (India-specific analysis)
  • Date: 19 June 2025

Mandates and Objectives:

  • Mandates: India features 54 institutions, including 12 IITs, in the QS World University Rankings 2026, marking a five-fold increase from 2015 and eight new Indian entries.
  • Objectives: To highlight India’s growing global recognition in higher education, strengthen its academic and research standing worldwide, and reflect the impact of policies like NEP 2020 on institutional performance and visibility.

Important Terms Explained:

  • QS World University Rankings: A globally respected higher education ranking system by Quacquarelli Symonds (QS), evaluating universities based on research, employability, global engagement, sustainability, and learning experience indicators.
  • National Education Policy (NEP) 2020: A policy introduced by the Indian Government aimed at transforming higher education through multidisciplinary learning, research focus, digital integration, and internationalization.
  • Citations per Faculty: An indicator in the QS Rankings reflecting research impact, based on the average number of citations per academic staff, contributing to institutional reputation and visibility.
  • Employer Reputation: A QS indicator based on feedback from global employers about the quality and employability of graduates from universities, influencing an institution’s score in career outcomes.

Tabular Summary:

Parameter Details
Event name India Rises in QS World University Rankings 2026
Announcement date 19 June 2025
Location Global; focus on Indian institutions
Issuing authority QS (Quacquarelli Symonds)
Policy/series name QS World University Rankings
Key figures 54 Indian universities, 8 new entrants, 12 IITs, IIT Delhi ranked 123rd
Purpose/reason Showcase India’s improved global academic performance and institutional excellence
Feature details Based on academic reputation, citations, employer feedback, and global engagement
Validity or status Annual ranking; 2026 edition
Strategic/significant value Reflects impact of NEP 2020, rising international trust in Indian higher education institutions

7. Which city was ranked as the most liveable city in the world according to the Global Liveability Index 2025?
A) Vienna
B) Zurich
C) Melbourne
D) Copenhagen
E) Osaka
Answer: D) Copenhagen

Event and Location:

  • Event: Release of the Global Liveability Index 2025 by the Economist Intelligence Unit (EIU)
  • Location: Global (Rankings across 173 cities worldwide)
  • Date: June 27, 2025

Mandates and Objectives:

  • Mandates: The Economist Intelligence Unit (EIU) published its Global Liveability Index 2025, ranking 173 cities based on stability, healthcare, education, infrastructure, culture, and environment.
  • Objectives: To provide a comparative analysis of cities’ liveability by assessing quality of life indicators and to guide individuals, businesses, and policymakers in understanding urban living standards globally.

Top 10 Most Liveable Cities – 2025:

Rank City, Country Total Score Stability Healthcare Culture & Environment Education Infrastructure
1 Copenhagen, Denmark 98.0 100 95.8 95.4 100 100
2 Vienna, Austria 97.1 95 100 93.5 100 100
3 Zurich, Switzerland 97.1 95 100 96.3 100 96.4
4 Melbourne, Australia 97.0 95 100 95.8 100 96.4
5 Geneva, Switzerland 96.8 95 100 94.9 100 96.4
6 Sydney, Australia 96.6 95 100 94.4 100 96.4
7 Osaka, Japan 96.0 100 100 86.8 100 96.4
7 Auckland, New Zealand 96.0 95 95.8 97.9 100 92.9
9 Adelaide, Australia 95.9 95 100 91.4 100 96.4
10 Vancouver, Canada 95.8 95 95.8 97.2 100 92.9

Bottom 10 Least Liveable Cities – 2025:

Rank City, Country Total Score Stability Healthcare Culture & Environment Education Infrastructure
173 Damascus, Syria 30.7 20 29.2 40.5 33.3 32.1
172 Tripoli, Libya 40.1 30 45.8 37.5 58.3 41.1
171 Dhaka, Bangladesh 41.7 45 41.7 40.5 66.7 26.8
170 Karachi, Pakistan 42.7 20 54.2 35.9 75.0 51.8
169 Algiers, Algeria 42.8 35 54.2 45.4 58.3 30.4
168 Lagos, Nigeria 43.5 30 37.5 54.4 41.7 53.7
167 Harare, Zimbabwe 43.8 40 29.2 56.7 66.7 35.7
166 Port Moresby, Papua New Guinea 44.1 30 41.7 52.5 58.3 46.4
165 Kyiv, Ukraine 44.5 40 41.7 53.2 75.0 26.8
164 Caracas, Venezuela 44.9 35 37.5 45.1 66.7 53.6

Important Terms Explained:

  • Global Liveability Index: An annual assessment by the Economist Intelligence Unit (EIU) that ranks cities based on factors like healthcare, stability, education, culture, and infrastructure to evaluate urban living standards.
  • Stability Score: A key metric in the liveability index that considers factors like crime, civil unrest, and military conflict to gauge overall safety in a city.
  • Vision 2030 (Saudi Arabia): A national transformation plan aimed at diversifying Saudi Arabia’s economy and improving public services, which has helped cities like Al Khobar rise in liveability rankings.

Tabular Summary:

Parameter Details
Event name Global Liveability Index 2025
Announcement date June 27, 2025
Location Global (173 cities assessed)
Issuing authority Economist Intelligence Unit (EIU)
Policy/series name Global Liveability Index
Key figures Copenhagen (Rank 1), Damascus (Rank 173)
Purpose/reason To evaluate and compare cities based on liveability indicators
Feature details Rankings based on 30 indicators across healthcare, education, infrastructure, etc.
Validity or status 2025 edition; updated annually
Strategic/significant value Aids in policymaking, urban planning, relocation, and international comparisons of quality of life

8. Which Indian university ranked 5th nationally in the Times Higher Education Impact Rankings 2025?
A) JNU
B) AMU
C) KIIT
D) BHU
E) Shiv Nadar University
Answer: C) KIIT

Event and Location:

  • Event: KIIT ranked 5th among Indian universities in the Times Higher Education Impact Rankings 2025
  • Location: India (Global ranking context)
  • Date: June 25, 2025

Mandates and Objectives:

  • Mandates: Kalinga Institute of Industrial Technology (KIIT) ranked among the top 5 Indian universities in the THE Impact Rankings 2025, achieving top national positions in key Sustainable Development Goals (SDGs).
  • Objectives: To recognize universities contributing to the United Nations Sustainable Development Goals, with KIIT excelling in Reduced Inequalities (SDG 10), Peace, Justice and Strong Institutions (SDG 16), and Quality Education (SDG 4).

Important Terms Explained:

  • Times Higher Education (THE) Impact Rankings: A global performance table that assesses universities based on their progress toward the UN Sustainable Development Goals (SDGs), such as education, equality, and justice.
  • SDG 10 – Reduced Inequalities: Focuses on reducing income and opportunity inequalities within and among countries. KIIT ranked 1st in India under this category.
  • SDG 16 – Peace, Justice and Strong Institutions: Evaluates universities on their contributions to inclusive societies, justice systems, and institutional transparency. KIIT also secured 1st place nationally here.
  • SDG 4 – Quality Education: Measures the commitment of universities to ensuring inclusive and equitable education. KIIT ranked 3rd in India for this goal.

Tabular Summary:

Parameter Details
Event name KIIT ranks 5th in India in THE Impact Rankings 2025
Announcement date June 25, 2025
Location India (Global Ranking Context)
Issuing authority Times Higher Education (THE)
Policy/series name THE Impact Rankings 2025
Key figures Dr. Achyuta Samanta (Founder of KIIT & KISS)
Purpose/reason To assess universities’ contributions toward the United Nations Sustainable Development Goals
Feature details 1st in India for SDG 10 & SDG 16, 3rd for SDG 4; ranked in 101 global cohort
Validity or status Active ranking; part of annual global assessment
Strategic/significant value Demonstrates KIIT’s national leadership in inclusion, justice, and education

Business and Economy – Daily Current Affairs June 27

9. Which of the following companies recently joined the ONDC Network as a buyer network participant?
A) PhonePe
B) Amazon India
C) Bajaj Markets
D) Google Pay
E) Tata Neu
Answer: C) Bajaj Markets

Event and Location:

  • Event: Bajaj Markets joins ONDC Network as a buyer network participant
  • Location: India (Mumbai/Pune)
  • Date: June 20, 2025

Mandates and Objectives:

  • Mandates: Bajaj Markets integrated with the Open Network for Digital Commerce (ONDC), becoming a buyer network participant and enabling access to ONDC’s electronics and appliances catalog via its app and website.
  • Objectives: To expand product offerings for Bajaj Markets users, facilitate seamless digital shopping experiences, support flexible financing, and enhance digital commerce through India’s Digital Public Infrastructure.

Important Terms Explained:

  • ONDC (Open Network for Digital Commerce): A Government of India initiative aimed at democratizing digital commerce by creating an open, interoperable network where buyers and sellers can connect freely without platform dominance.
  • Buyer Network Participant: A platform that enables buyers to access and purchase products listed by sellers on the ONDC Network. Bajaj Markets now acts in this role, offering integrated product browsing and purchasing.
  • Digital Public Infrastructure (DPI): Foundational digital systems like Aadhaar, UPI, and ONDC that provide public digital services at scale and foster inclusive digital development.

Tabular Summary:

Parameter Details
Event name Bajaj Markets joins ONDC as buyer network participant
Announcement date June 20, 2025
Location Mumbai/Pune, India
Issuing authority Bajaj Markets (part of Bajaj Finserv Direct Ltd.)
Policy/series name ONDC (Open Network for Digital Commerce)
Key figures Ashish Panchal (CEO, Bajaj Markets), Vibhor Jain (Acting CEO, ONDC)
Purpose/reason To connect Bajaj Markets’ 16M+ users to ONDC’s seller ecosystem
Feature details Access to 1.5 lakh+ SKUs of premium electronics and appliances
Validity or status Active; integrated into Bajaj Markets app and website
Strategic/significant value Supports India’s digital commerce goals through DPI and open networks

Acquisitions and Mergers – Daily Current Affairs June 27

10. Which company did JSW Paints acquire a 74.76% stake in for ₹8,986 crore to expand its presence in the paint industry?
A) Asian Paints
B) Berger Paints
C) Kansai Nerolac
D) AkzoNobel India
E) Haisha Paints
Answer: D) AkzoNobel India

Event and Location:

  • Event: JSW Paints acquires majority stake in AkzoNobel India
  • Location: India (with parent company based in the Netherlands)
  • Date: June 27, 2025

Mandates and Objectives:

  • Mandates: JSW Paints signed a definitive agreement to acquire up to 74.76% stake in AkzoNobel India for ₹8,986 crore, including a mandatory open offer to public shareholders.
  • Objectives: The acquisition aims to make JSW Paints a major player in the decorative and industrial coatings segment by acquiring established brands and strengthening market presence in India.

Important Terms Explained:

  • JSW Paints: A part of the JSW Group, it entered the Indian paint sector in 2019 and is now expanding aggressively via acquisitions.
  • AkzoNobel India: A leading Indian paint company owned by Akzo Nobel NV, known for brands like Dulux, Sikkens, and International coatings.
  • Open Offer: A mandatory tender offer required under Indian takeover regulations where the acquirer must offer to buy additional shares from the public shareholders.

Tabular Summary:

Parameter Details
Event name JSW Paints acquires AkzoNobel India
Announcement date June 27, 2025
Location India (AkzoNobel India, part of Dutch parent Akzo Nobel NV)
Issuing authority JSW Paints and Akzo Nobel Coatings International BV
Policy/series name Strategic Acquisition in Indian Paint Sector
Key figures Parth Jindal (JSW), Greg Poux-Guillaume (AkzoNobel)
Purpose/reason To establish JSW as a key player in the paints and coatings industry
Feature details ₹8,986 crore deal for 74.76% stake, includes open offer and approvals
Validity or status Subject to Competition Commission and shareholder approvals
Strategic/significant value Marks one of the biggest consolidations in the ₹90,000 crore paint market

Appointments – Daily Current Affairs June 27

11. Who has been elected as the next President of the Asian Infrastructure Investment Bank (AIIB) starting January 16, 2026?
A) Jin Liqun
B) Kristalina Georgieva
C) Zou Jiayi
D) Masatsugu Asakawa
E) Ngozi Okonjo-Iweala
Answer: C) Zou Jiayi

Event and Location:

  • Event: Zou Jiayi elected as President of the Asian Infrastructure Investment Bank (AIIB)
  • Location: Announced during AIIB’s 10th Annual Meeting (Global Institution)
  • Date: Announced in 2025; Term begins January 16, 2026

Mandates and Objectives:

  • Mandates: Zou Jiayi was elected by the AIIB Board of Governors to serve a five-year term as President starting January 16, 2026, succeeding Jin Liqun, the Bank’s founding President.
  • Objectives: To continue steering AIIB’s mission of financing sustainable infrastructure and connectivity in member economies, while increasing climate finance and strengthening multilateral partnerships.

Important Terms Explained:

  • AIIB (Asian Infrastructure Investment Bank): A multilateral development bank established in 2016 to finance sustainable infrastructure and enhance regional connectivity. It is capitalized at USD 100 billion and has AAA credit ratings.
  • Board of Governors (AIIB): The highest decision-making body of the AIIB, composed of one Governor from each member country, responsible for electing the Bank’s President and other major strategic decisions.
  • Climate Finance: Financial investments that support projects aiming to mitigate or adapt to the impacts of climate change. Under Jin Liqun, at least 50% of new AIIB financing was directed toward climate-focused projects.

Tabular Summary:

Parameter Details
Event name Election of Zou Jiayi as AIIB President
Announcement date During AIIB’s 10th Annual Meeting (2025)
Location Global (AIIB Headquarters in Beijing, China)
Issuing authority AIIB Board of Governors
Policy/series name AIIB Presidential Transition
Key figures Zou Jiayi (President-elect), Jin Liqun (Founding President)
Purpose/reason Leadership transition for AIIB’s continued infrastructure and climate finance development
Feature details Five-year term starting Jan 16, 2026; AIIB’s USD 60B investment across 322 projects in 38 economies
Validity or status Zou Jiayi’s term confirmed and effective from January 2026
Strategic/significant value Strengthens AIIB’s global standing in sustainable finance and multilateral development leadership

12. Who has recently been appointed as the CEO of UGRO Capital in June 2025?
A) Shachindra Nath
B) Profectus Rao
C) Anuj Pandey
D) Amitabh Kant
E) Sameer Nigam
Answer: C) Anuj Pandey

Event and Location:

  • Event: Anuj Pandey appointed as CEO of UGRO Capital
  • Location: India (Corporate announcement)
  • Date: June 25, 2025

Mandates and Objectives:

  • Mandates: UGRO Capital, a DataTech-focused NBFC for MSME lending, has appointed Anuj Pandey, its current Chief Risk Officer and founding team member, as the new Chief Executive Officer (CEO).
  • Objectives: To strengthen leadership as UGRO expands its MSME financing franchise, scales digital platforms, and consolidates operations following major milestones including the acquisition of Profectus Capital and surpassing ₹12,000 crore in AUM.

Important Terms Explained:

  • NBFC (Non-Banking Financial Company): A financial institution that offers banking services like loans and credit facilities but does not hold a banking license. UGRO Capital is a DataTech NBFC focused on MSMEs.
  • MSME (Micro, Small and Medium Enterprises): A key sector in the Indian economy, contributing significantly to employment and GDP. UGRO Capital’s core mission is to bridge the credit gap in this sector.
  • AUM (Assets Under Management): Refers to the total market value of the financial assets managed by an institution. UGRO Capital recently crossed ₹12,000 crore in AUM in MSME lending.
  • Embedded Finance: The integration of financial services into non-financial platforms. UGRO is focusing on this as part of its future strategy.

Tabular Summary:

Parameter Details
Event name Appointment of Anuj Pandey as CEO of UGRO Capital
Announcement date June 25, 2025
Location Mumbai, India
Issuing authority UGRO Capital
Policy/series name Leadership transition and institutional strengthening
Key figures Anuj Pandey (CEO), Shachindra Nath (Founder & MD)
Purpose/reason To drive MSME growth and operational execution post recent expansion and acquisition
Feature details ₹12,000 crore AUM, 300+ branches, acquisition of Profectus Capital, capital raise
Validity or status Effective June 2025
Strategic/significant value Reinforces UGRO’s mission to become India’s largest MSME-focused financial institution

13. Who was recently appointed as the new CEO of UGRO Capital?
A) Shachindra Nath
B) Anuj Pandey
C) Rajeev Ahuja
D) Ramesh Iyer
E) Sandeep Bakhshi
Answer: B) Anuj Pandey

Event and Location:

  • Event: Anuj Pandey appointed as CEO of UGRO Capital
  • Location: Pan-India (UGRO Capital’s operational coverage)
  • Date: June 25, 2025

Mandates and Objectives:

  • Mandates: UGRO Capital has elevated Anuj Pandey, one of its founding members and Chief Risk Officer, to the role of Chief Executive Officer.
  • Objectives: The appointment aims to strengthen UGRO’s leadership and operational focus as it expands its footprint in MSME lending, digital finance, and financial inclusion initiatives.

Important Terms Explained:

  • UGRO Capital: A DataTech NBFC focused on MSME lending in India. It leverages data and technology to bridge the credit gap for small and medium enterprises.
  • MSME: Micro, Small, and Medium Enterprises, a vital sector contributing significantly to employment and GDP in India. They often face challenges in accessing formal credit.
  • NBFC: Non-Banking Financial Company – A financial institution that provides banking services without meeting the legal definition of a bank. NBFCs cannot accept demand deposits but provide loans and credit facilities.

Tabular Summary:

Parameter Details
Event name Appointment of new CEO at UGRO Capital
Announcement date June 25, 2025
Location Pan-India (Headquartered in Mumbai, Maharashtra)
Issuing authority UGRO Capital Board of Directors
Policy/series name Executive Leadership Restructuring
Key figures Anuj Pandey, Shachindra Nath
Purpose/reason Strengthen leadership for operational execution
Feature details CEO will oversee MSME business, digital platforms, and partners
Validity or status Effective immediately from June 25, 2025
Strategic/significant value Supports UGRO’s mission to become India’s top MSME lender

Awards – Daily Current Affairs June 27

14. Who won the Kerala Sahitya Akademi Award 2024 for Best Novel?
A) Anitha Thampi
B) V Shinilal
C) G R Indugopan
D) M Swaraj
E) K V Ramakrishnan
Answer: C) G R Indugopan

Event and Location:

  • Event: Announcement of Kerala Sahitya Akademi Literary Awards 2024
  • Location: Thrissur, Kerala
  • Date: June 26, 2025

Mandates and Objectives:

  • Mandates:
    • The Kerala Sahitya Akademi announced the winners of its 2024 literary awards across multiple categories including novel, poetry, short story, essay, drama, criticism, travel writing, and more.
    • The awards also include Fellowship and Lifetime Contribution categories recognizing veteran authors.
  • Objectives:
    • To honour and encourage excellence in Malayalam literature by recognizing both emerging and veteran authors.
    • To promote diverse literary genres including poetry, fiction, translation, children’s literature, and scientific writing.

Important Terms Explained:

  • Kerala Sahitya Akademi:
    • An autonomous body under the Government of Kerala, founded in 1956, with the objective of promoting Malayalam literature and honouring literary excellence.
  • Akademi Fellowship:
    • One of the highest honours conferred by the Akademi to writers for their outstanding lifelong contribution to Malayalam literature.
  • Sibi Kumar Endowment Award:
    • An award instituted in memory of Sibi Kumar, recognizing excellence in essay writing.
  • Vilasini Award:
    • A literary honour under the Akademi that recognizes notable literary works; not awarded in 2024 due to lack of suitable entries.

Tabular Summary:

Parameter Details
Event name Kerala Sahitya Akademi Literary Awards 2024
Announcement date June 26, 2025
Location Thrissur, Kerala
Issuing authority Kerala Sahitya Akademi
Key figures G R Indugopan, Anitha Thampi, V Shinilal, M Swaraj, K V Ramakrishnan, etc.
Purpose/reason To recognize and reward excellence in Malayalam literature
Feature details Awards across 12+ categories, plus fellowships and lifetime awards
Cash award ₹25,000 for general categories; ₹50,000 + medal for Fellowship awards
Strategic/significant value Promotes the growth of regional literature and honours literary heritage

15. Who is among the 53 recipients of the Nadaprabhu Kempegowda Award 2025 for contributing to Bengaluru’s governance reform?
A) Kiran Mazumdar-Shaw
B) V. Ravichandar
C) Narayana Murthy
D) Rajeev Chandrasekhar
E) S. Somanath
Answer: B) V. Ravichandar

Event and Location:

  • Event: Conferment of the Nadaprabhu Kempegowda Award 2025
  • Location: BBMP Headquarters, Bengaluru, Karnataka
  • Date: June 27, 2025

Mandates and Objectives:

  • Mandates: The Bruhat Bengaluru Mahanagara Palike (BBMP) will confer the Nadaprabhu Kempegowda Awards to 53 individuals, including members of the BBMP Restructuring Committee.
  • Objectives: The awards aim to recognize individuals for their distinguished service and contributions toward urban governance, public service, and civic engagement, especially in the context of the proposed Greater Bengaluru Governance Act, 2024.

Important Terms Explained:

  • BBMP (Bruhat Bengaluru Mahanagara Palike):
    • The municipal corporation responsible for civic administration and infrastructure in Greater Bengaluru.
  • Nadaprabhu Kempegowda Award:
    • An annual civic award named after Nadaprabhu Kempegowda, the founder of Bengaluru, to honor notable contributions to the city’s development and administration.
  • Greater Bengaluru Governance Act, 2024:
    • A legislative proposal that outlines a new governance structure for Bengaluru, drafted by the BBMP Restructuring Committee to improve city administration and service delivery.

Tabular Summary:

Parameter Details
Event name Nadaprabhu Kempegowda Award 2025
Announcement date June 27, 2025
Location BBMP Headquarters, Bengaluru
Issuing authority Bruhat Bengaluru Mahanagara Palike (BBMP)
Policy/series name Greater Bengaluru Governance Act, 2024
Key figures V. Ravichandar, B.S. Patil, Siddaiah, Jayakar Jerome, S.R. Umashankar
Purpose/reason To honor individuals for governance and civic contributions to Bengaluru
Feature details 53 awardees, including members of the BBMP Restructuring Committee
Validity or status Awards to be conferred on June 27, 2025
Strategic/significant value Recognizes efforts in administrative reforms and promotes civic engagement

Science and Technology – Daily Current Affairs June 27

16. What is the name of India’s indigenously developed hypersonic missile under Project Vishnu?
A) Agni-VI
B) BrahMos-II
C) ET-LDHCM
D) Shaurya-X
E) Astra-H
Answer: C) ET-LDHCM

Event and Location:

  • Event: Development of the ET-LDHCM hypersonic missile under Project Vishnu
  • Location: India
  • Date: June 11, 2025

Mandates and Objectives:

  • Mandates: India’s DRDO, under the classified Project Vishnu, developed the Extended Trajectory-Long Duration Hypersonic Cruise Missile (ET-LDHCM) using fully indigenous technology.
  • Objectives: To enhance India’s long-range precision strike capabilities, establish deterrence against regional adversaries, and achieve parity with global hypersonic powers like the USA, China, and Russia.

Important Terms Explained:

  • ET-LDHCM (Extended Trajectory-Long Duration Hypersonic Cruise Missile): India’s advanced hypersonic missile capable of reaching Mach 8 speeds, delivering 1,000–2,000 kg payloads over 1,500 km, with evasive manoeuvrability and multiple launch platform compatibility.
  • Project Vishnu: A classified initiative by DRDO aimed at developing next-generation hypersonic weapons to significantly boost India’s strategic and tactical military edge.
  • Scramjet Engine: A type of air-breathing engine that enables sustained hypersonic speeds by using atmospheric oxygen for combustion, offering fuel efficiency and speed during extended flight durations.

Tabular Summary:

Parameter Details
Event name India develops ET-LDHCM hypersonic missile under Project Vishnu
Announcement date June 11, 2025
Location India
Issuing authority DRDO (Defence Research and Development Organisation)
Policy/series name Project Vishnu
Key figures Dr. Samir V. Kamat (DRDO Chief); General Anil Chauhan (CDS)
Purpose/reason To enhance India’s long-range strike and deterrence capability using indigenously built hypersonic tech
Feature details Mach 8 speed, 1,500 km range, 1–2 ton payload, low-altitude flight, multi-platform launch
Validity or status Pre-operational; testing phase ongoing
Strategic/significant value Strengthens regional deterrence, boosts indigenous R&D, potential civilian aerospace benefits

17. What is SoftBank CEO Masayoshi Son’s declared vision for the company over the next 10 years?
A) To lead the semiconductor manufacturing sector
B) To become the world’s largest AI data center provider
C) To become the top artificial super intelligence platform provider
D) To replace Google in the search engine market
E) To exit all technology investments
Answer: C) To become the top artificial super intelligence platform provider

Event and Location:

  • Event: SoftBank announces vision to lead in artificial super intelligence platforms
  • Location: Tokyo, Japan (SoftBank annual shareholder meeting)
  • Date: June 2025

Mandates and Objectives:

  • Mandates: SoftBank CEO Masayoshi Son announced the group’s intent to become the biggest platform provider for artificial super intelligence within the next decade, highlighting strategic acquisitions and investments.
  • Objectives: The goal is to dominate the next technological era by positioning SoftBank as the central player in the artificial super intelligence ecosystem, akin to how Microsoft and Google operate in current tech domains.

Important Terms Explained:

  • Artificial Super Intelligence (ASI): A hypothetical form of AI that surpasses human intelligence across virtually all fields, including creativity, decision-making, and emotional intelligence—expected to be 10,000 times more powerful than human capabilities, according to Son.
  • OpenAI: A leading AI research organization known for creating ChatGPT, in which SoftBank has invested a total of $32 billion in 2025, with plans to increase its stake up to $40 billion.
  • Ampere: A U.S.-based semiconductor design company acquired by SoftBank for $6.5 billion, aimed at strengthening its AI hardware capabilities.

Tabular Summary:

Parameter Details
Event name SoftBank outlines vision to lead in artificial super intelligence
Announcement date June 2025
Location Tokyo, Japan
Issuing authority SoftBank Group Corporation
Policy/series name Artificial Super Intelligence Vision Plan
Key figures Masayoshi Son (CEO), Sam Altman (OpenAI CEO)
Purpose/reason To establish SoftBank as the dominant player in the emerging ASI ecosystem
Feature details $6.5B Ampere acquisition, $32B OpenAI investment, possible public listing
Validity or status Vision targets next 10 years; investments ongoing
Strategic/significant value Positions SoftBank as a central AI platform provider in future tech economy

 

National Affairs – Daily Current Affairs June 27

18. When was the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) officially launched?
A) October 1, 2021
B) January 26, 2014
C) June 25, 2015
D) April 14, 2016
E) August 15, 2017
Answer: C) June 25, 2015

Event and Location:

  • Event: 10-year completion of Atal Mission for Rejuvenation and Urban Transformation (AMRUT)
  • Location: India (National implementation across 500+ cities)
  • Date: June 25, 2025

Mandates and Objectives:

  • Mandates: The AMRUT Mission, launched on June 25, 2015, aimed at urban rejuvenation by improving basic services such as water supply, sewerage, stormwater drainage, non-motorized transport, and green spaces. AMRUT 2.0 was launched on October 1, 2021, with expanded coverage across all Urban Local Bodies (ULBs).
  • Objectives: To provide universal access to tap water and sewerage connections, promote sustainable and inclusive urban development, rejuvenate water bodies, and empower ULBs through capacity-building and innovation-led infrastructure planning.

Important Terms Explained:

  • AMRUT (Atal Mission for Rejuvenation and Urban Transformation): A central government initiative launched in 2015 to enhance the quality of life in urban areas by providing core infrastructure and services, especially targeting water and sanitation needs.
  • AMRUT 2.0: The upgraded version of AMRUT launched on October 1, 2021, with broader coverage and a total indicative outlay of ₹2.99 lakh crore. It emphasizes water security, self-reliance, and technological innovation.
  • SCADA (Supervisory Control and Data Acquisition): A monitoring and control system used in AMRUT 2.0 for efficient real-time management of urban utilities such as water treatment and distribution systems.

Tabular Summary:

Parameter Details
Event name 10 Years of AMRUT
Announcement date June 25, 2025
Location Pan-India (500+ cities and towns)
Issuing authority Ministry of Housing and Urban Affairs (MoHUA)
Policy/series name AMRUT & AMRUT 2.0
Key figures ₹2.73 lakh crore project value; 2.03 crore tap water and 1.5 crore sewerage connections
Purpose/reason Improve urban infrastructure and quality of life through inclusive, sustainable city development
Feature details Focus on water supply, sewerage, mobility, green spaces, SCADA systems, innovation, capacity-building
Validity or status Ongoing (AMRUT 2.0 active till 2026)
Strategic/significant value Drives India’s urban transformation by combining technology, equity, and infrastructure growth

19. Where was the first Indian epigraphical reference to Halley’s Comet found?
A) Meenakshi Temple, Madurai
B) Konark Sun Temple, Odisha
C) Mallikarjunaswamy Temple, Srisailam
D) Somnath Temple, Gujarat
E) Hampi Virupaksha Temple
Answer: C) Mallikarjunaswamy Temple, Srisailam

Event and Location:

  • Event: Discovery of India’s first epigraphical reference to Halley’s Comet
  • Location: Mallikarjunaswamy Temple, Srisailam, Andhra Pradesh
  • Date: June 20, 2025 (announcement); inscription dated June 28, 1456 CE

Mandates and Objectives:

  • Mandates: The Archaeological Survey of India (ASI) announced the discovery of a 15th-century copper plate inscription referencing a comet, now identified as Halley’s Comet, at the Mallikarjunaswamy temple.
  • Objectives: To provide historical evidence of astronomical events in Indian epigraphy, enrich India’s cultural and scientific heritage, and contribute to the global history of cometary observations.

Important Terms Explained:

  • Halley’s Comet: A short-period comet visible from Earth approximately every 76 years. Its appearance in 1456 CE is historically well-documented globally and is now found referenced in Indian epigraphy.
  • Epigraphy: The study and interpretation of ancient inscriptions engraved on materials like stone, metal, or pottery. It provides crucial information about historical events, rulers, cultures, and astronomical phenomena.
  • Archaeological Survey of India (ASI): A government organization under the Ministry of Culture, responsible for archaeological research and the conservation of cultural monuments and sites in India.

Tabular Summary:

Parameter Details
Event name First Indian epigraphical reference to Halley’s Comet discovered
Announcement date June 20, 2025
Location Mallikarjunaswamy Temple, Srisailam, Andhra Pradesh
Issuing authority Archaeological Survey of India (Epigraphy Branch)
Policy/series name Historical Epigraphy Discovery
Key figures Dr. K. Munirathnam Reddy (Director, Epigraphy Branch, ASI)
Purpose/reason Document India’s historical awareness of astronomical events like Halley’s Comet
Feature details Sanskrit inscription in Nagari script from 1456 CE referencing comet and meteor shower
Validity or status Verified and announced by ASI; inscription preserved
Strategic/significant value Enhances understanding of Indian scientific history and historical astronomical observations

20. Which institution collaborated with NeGD to host the ‘AI in Governance’ training programme in June 2025?
A) IIM Bangalore
B) IISc Bengaluru
C) IIT Delhi
D) NITI Aayog
E) ISB Hyderabad
Answer: C) IIT Delhi

Event and Location:

  • Event: Launch of the ‘AI in Governance’ Training Programme for government officials
  • Location: Department of Management Studies (DMS), IIT Delhi, New Delhi, India
  • Date: June 26–27, 2025

Mandates and Objectives:

  • Mandates: The National e-Governance Division (NeGD) under MeitY launched a 2-day training programme titled ‘Artificial Intelligence in Governance’ at IIT Delhi, aimed at equipping government officials with knowledge of AI technologies and their application in public administration.
  • Objectives: To build institutional and individual capacities under CB Phase III of the Digital India Programme, focusing on AI policy, ethical frameworks, decision-making, and digital transformation to improve governance and citizen service delivery.

Important Terms Explained:

  • NeGD (National e-Governance Division): An autonomous body under MeitY that supports capacity-building, implementation, and monitoring of e-Governance projects and initiatives under the Digital India Programme.
  • CB Phase III (Capacity Building Phase III): A component of Digital India that focuses on strengthening digital skills of government personnel and building institutional readiness for digital governance reforms.
  • AI in Governance: Refers to the use of Artificial Intelligence technologies in public sector decision-making, policy implementation, and citizen services—enabling faster, data-driven, and efficient governance mechanisms.

Tabular Summary:

Parameter Details
Event name ‘AI in Governance’ Training Programme
Announcement date June 26, 2025
Location Department of Management Studies, IIT Delhi
Issuing authority National e-Governance Division (NeGD), under MeitY
Policy/series name Capacity Building Scheme – CB Phase III, Digital India Programme
Key figures Shri Rajnish Kumar (COO, NeGD), Shri Sunil Sharma (Director, NeGD), Prof. Surya Prakash Singh (IIT Delhi)
Purpose/reason To train 59 government officials in the application of AI in governance
Feature details Policy frameworks, ethics, AI use cases, interactive sessions, departmental exercises
Validity or status Conducted from June 26 to June 27, 2025
Strategic/significant value Enhances digital governance capacity and prepares government for AI-driven public service reforms

21. What is the name of India’s first NBFC dedicated to the maritime sector launched in June 2025?
A) Indian Maritime Finance Corporation
B) Sagarmala Infrastructure Bank
C) Maritime Bharat Finance Ltd.
D) Sagarmala Finance Corporation Limited (SMFCL)
E) Oceanic Growth Capital Ltd.
Answer: D) Sagarmala Finance Corporation Limited (SMFCL)

Event and Location:

  • Event: Launch of India’s first maritime-focused NBFC – SMFCL
  • Location: India (official launch by MoPSW)
  • Date: June 26, 2025

Mandates and Objectives:

  • Mandates: Union Minister Sarbananda Sonowal officially launched Sagarmala Finance Corporation Limited (SMFCL), formerly Sagarmala Development Company Ltd., after its registration with the Reserve Bank of India (RBI) as an NBFC on June 19, 2025.
  • Objectives: To provide customized financial solutions for port-led growth, support MSMEs, startups, and institutions across the maritime ecosystem, and facilitate investments in shipbuilding, alternative energy, cruise tourism, and maritime education, in alignment with Maritime Amrit Kaal Vision 2047.

Important Terms Explained:

  • NBFC (Non-Banking Financial Company): Financial institutions that offer credit and financial services similar to banks but are not legally classified as banking institutions. SMFCL is India’s first NBFC exclusively for the maritime sector.
  • SMFCL (Sagarmala Finance Corporation Limited): A Mini Ratna Category-I CPSE, now operating as an NBFC under RBI regulation, dedicated to financing maritime infrastructure and allied activities across India.
  • Maritime Amrit Kaal Vision 2047: A long-term roadmap by the Government of India focused on making India a global maritime powerhouse by 2047 through sustainable infrastructure, blue economy expansion, and logistics reform.

Tabular Summary:

Parameter Details
Event name Launch of Sagarmala Finance Corporation Limited (SMFCL)
Announcement date June 26, 2025
Location India
Issuing authority Ministry of Ports, Shipping and Waterways (MoPSW)
Policy/series name Maritime Amrit Kaal Vision 2047
Key figures Sarbananda Sonowal (MoPSW Minister), Shantanu Thakur (MoS), T.K. Ramachandran (Secretary)
Purpose/reason Create a maritime-specific NBFC to finance port-led development and sectoral innovation
Feature details Covers financing for ports, MSMEs, startups, shipbuilding, clean energy, maritime education
Validity or status Registered as NBFC with RBI on June 19, 2025; operational
Strategic/significant value Bridges maritime financing gaps and supports India’s global maritime leadership ambition

22. Which fossil park from Uttar Pradesh has been added to UNESCO’s Tentative List for World Heritage Sites in 2025?
A) Ghughua Fossil Park
B) Salkhan Fossil Park
C) Mandla Fossil Park
D) Rahi Fossil Site
E) Kaimur Fossil Valley
Answer: B) Salkhan Fossil Park

Event and Location:

  • Event: Salkhan Fossil Park added to UNESCO’s Tentative List for World Heritage Sites
  • Location: Salkhan village, Sonbhadra district, Uttar Pradesh, India
  • Date: June 26, 2025

Mandates and Objectives:

  • Mandates:
    • Inclusion of Salkhan Fossil Park in UNESCO’s Tentative List for World Heritage Sites.
    • Scientific documentation in partnership with Birbal Sahni Institute of Palaeosciences.
    • ₹1.5 crore allocated by the Uttar Pradesh government for eco-tourism development.
  • Objectives:
    • To highlight Earth’s earliest life forms through fossil preservation.
    • To promote geo-heritage conservation, attract global scientific attention, and boost eco-tourism.
    • To secure UNESCO World Heritage Site status by 2026.

Important Terms Explained:

  • UNESCO Tentative List:
    • A list maintained by UNESCO where countries propose sites they intend to nominate for World Heritage Site status. Inclusion is a precondition for final nomination.
  • Stromatolites:
    • Layered sedimentary formations created by ancient cyanobacteria (blue-green algae).
    • These structures are among the oldest evidence of life on Earth, dating back 1.4 billion years in Salkhan.
  • Mesoproterozoic Era:
    • Geological era spanning 1.6 to 1.0 billion years ago, during which stromatolites at Salkhan were formed, making them older than fossils in Shark Bay, Australia.
  • Eco-tourism:
    • Sustainable travel focused on natural and geological heritage. At Salkhan, it includes nature trails, interpretation centres, and visitor amenities to preserve and promote awareness.

Tabular Summary:

Parameter Details
Event name Salkhan Fossil Park added to UNESCO Tentative List
Announcement date June 26, 2025
Location Salkhan village, Sonbhadra district, Uttar Pradesh, India
Issuing authority UNESCO and Uttar Pradesh Government
Policy/series name UNESCO Tentative List for World Heritage Sites
Key figures H.J. Hoffman (Geologist), Birbal Sahni Institute, Govt. of UP
Purpose/reason Preserve 1.4-billion-year-old stromatolites and promote global geo-heritage recognition
Feature details Stromatolites, nature trails, interpretive centers, scientific collaborations
Validity or status Added to Tentative List; final UNESCO candidacy expected in 2026
Strategic/significant value Global recognition of India’s geological heritage and boost to eco-tourism and paleoscience

23. What is the total investment Andhra Pradesh aims to attract for green tourism under its latest initiative?
A) ₹5,000 crore
B) ₹7,500 crore
C) ₹10,140 crore
D) ₹12,000 crore
E) ₹9,800 crore
Answer: C) ₹10,140 crore

Event and Location:

  • Event: Andhra Pradesh announces ₹10,140 crore investment plan for green tourism
  • Location: Andhra Pradesh, India (Vijayawada – venue of Tourism Tech AI 2.0 Conclave)
  • Date: June 27, 2025

Mandates and Objectives:

  • Mandates: The Andhra Pradesh Tourism Department launched a two-day Tourism Tech AI 2.0 Conclave to attract investments worth ₹10,140 crore in the tourism sector, signing MoUs with nearly 80 investors.
  • Objectives: The goal is to enhance tourism infrastructure, generate 22,325 jobs, improve hotel capacity, promote green tourism, and position Andhra Pradesh as a top sustainable tourism destination.

Important Terms Explained:

  • Tourism Tech AI 2.0 Conclave: A strategic event initiated by the Andhra Pradesh government to foster innovation and digital integration in tourism, using AI and partnerships to unlock sectoral growth.
  • Green Tourism: Environmentally responsible travel to natural areas that conserves the environment, sustains the well-being of local people, and often incorporates energy-efficient technologies and EV deployments.
  • MoU (Memorandum of Understanding): A non-binding agreement between parties outlining terms and details of an understanding, including each party’s requirements and responsibilities—used here to secure private tourism investments.

Tabular Summary:

Parameter Details
Event name Tourism Tech AI 2.0 Conclave
Announcement date June 27, 2025
Location Vijayawada, Andhra Pradesh
Issuing authority Andhra Pradesh Tourism Department
Policy/series name AP Tourism Policy 2024–29
Key figures Amrapali Kata, Ajay Jain, CM N. Chandrababu Naidu
Purpose/reason To attract ₹10,140 crore investments in green tourism
Feature details MoUs with ~80 investors, 7,439 room keys added, 22,325 jobs to be generated
Validity or status Investment commitments for the next 4 years
Strategic/significant value Aims to transform AP into a global tourism hub with sustainable infrastructure

24. How much additional financial aid was recently sanctioned by the Kerala government to KSRTC in June 2025?
A) ₹50 crore
B) ₹72 crore
C) ₹122 crore
D) ₹900 crore
E) ₹676 crore
Answer: C) ₹122 crore

Event and Location:

  • Event: Sanction of additional financial assistance to KSRTC
  • Location: Kerala, India
  • Date: June 27, 2025

Mandates and Objectives:

  • Mandates: The Kerala government has sanctioned ₹122 crore in financial aid to the Kerala State Road Transport Corporation (KSRTC) in June 2025.
  • Objectives: The aid aims to support pension disbursement and operational expenses, helping KSRTC manage its financial challenges and continue functioning efficiently.

Important Terms Explained:

  • KSRTC (Kerala State Road Transport Corporation):
    • A government-owned road transport corporation in Kerala, responsible for providing public bus services across the state and to neighboring states.
  • Operational Expenses:
    • Day-to-day expenditures required to run the services, including fuel, maintenance, salaries, etc.
  • Budget Allocation:
    • The amount of money officially assigned in the state budget to a department or corporation for a financial year.

Tabular Summary:

Parameter Details
Event name Additional government aid to KSRTC
Announcement date June 27, 2025
Location Kerala
Issuing authority Finance Minister K. N. Balagopal
Policy/series name Kerala State Budget 2025–26
Key figures K. N. Balagopal (Finance Minister), KSRTC officials
Purpose/reason To support pensions and operational costs of KSRTC
Feature details ₹72 crore for pensions, ₹50 crore for other expenses
Validity or status Active disbursement underway in June 2025
Strategic/significant value Financial stability and uninterrupted transport services in Kerala


Over All Review

Important Days

  • The United Nations observes 21 June as the International Day of the Celebration of the Solstice to recognize cultural and seasonal traditions.
  • The United Nations observed the first International Day of Deafblindness on June 27, 2025, to promote awareness and inclusion.
  • The United Nations observed MSME Day 2025 globally on June 27 with a focus on sustainable growth and innovation.

Sports 

  • The ICC Women’s T20 World Cup 2026 will begin on June 12 in England with the hosts facing Sri Lanka.

Obituary

  • Lalo Schifrin, the composer of the iconic Mission: Impossible theme, passed away at the age of 93 due to pneumonia.

Ranking 

  • India has 54 universities featured in the QS World University Rankings 2026, the highest number ever recorded for the country.
  • Copenhagen was ranked the world’s most liveable city in 2025, ending Vienna’s three-year reign.
  • KIIT ranked 5th among Indian universities in the Times Higher Education Impact Rankings 2025.

Business And Economy

  • Bajaj Markets has joined the ONDC Network as a buyer network participant.

Acquisitions and Mergers

  • JSW Paints signed a definitive agreement to acquire a 74.76% stake in AkzoNobel India for ₹8,986 crore.

Appointments

  • Zou Jiayi has been elected as the next President of the Asian Infrastructure Investment Bank, starting her term on January 16, 2026.
  • UGRO Capital appointed Anuj Pandey as its new CEO on June 25, 2025, marking a key leadership transition.

Awards 

  • G R Indugopan won the Kerala Sahitya Akademi Award 2024 for Best Novel for his work Aano.
  • The BBMP will confer the Nadaprabhu Kempegowda Award 2025 to 53 individuals for their contributions to Bengaluru.

Science and Technology

  • India has developed the ET-LDHCM, a hypersonic missile under the DRDO’s classified Project Vishnu.
  • SoftBank CEO Masayoshi Son has declared the company’s vision to become the leading platform provider for artificial super intelligence within the next decade.

National Affairs

  • India celebrated 10 years of AMRUT on June 25, 2025, marking a decade of inclusive urban development.
  • The Archaeological Survey of India has discovered the first Indian epigraphical reference to Halley’s Comet in a 1456 CE inscription.
  • NeGD launched a two-day ‘AI in Governance’ training programme for government officials at IIT Delhi on June 26, 2025.
  • Sarbananda Sonowal launched Sagarmala Finance Corporation Limited (SMFCL), India’s first maritime NBFC, on June 26, 2025.
  • Salkhan Fossil Park in Uttar Pradesh, home to 1.4-billion-year-old stromatolites, has been added to UNESCO’s Tentative List in 2025.
  • Andhra Pradesh has launched a two-day Tourism Tech AI 2.0 Conclave to attract ₹10,140 crore in green tourism investments.
  • The Kerala government sanctioned an additional ₹122 crore to KSRTC in June 2025 to support operations and pension disbursements.

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