Dear Readers, get to know the daily current affairs today covering all the National & International Events provided here in this article. Current Affairs is an important topic in various competitive exams like IBPS/SBI/PO/Clerk and other competitive exams. To score better in this section, be updated with the daily happenings. Check the Daily Current Affairs May 2025 updates here. Revision is very important in remembering current affairs. Candidates after learning the Daily current affairs June 03rd 2025, can test their knowledge by attempting Current Affairs Quiz provided with answers. Daily current affairs June 03rd 2025 covers current affairs from International & National news, Important Days, State News, Banking & Economy, Business News, Appointments & Resignation, Awards & Honour, Books & Authors, Sports News, etc.,

Daily Current Affairs PDF of 03rd June 2025

Get More: Static GK Pdfs

CURRENT AFFAIRS : BANKING & FINANCE

Reserve Bank of India Levies Penalties on 353 Banks and Regulated Entities in FY25

• The Reserve Bank of India (RBI) imposed 353 penalties totaling₹54.78 crore on regulated entities (REs) for statutory violations during the fiscal year ending March 31, 2025.
• The contraventions/non-compliance were related to:
• Cyber security framework in banks
• Exposure norms and IRAC (Income Recognition and Asset Classification) norms
• Know Your Customer (KYC) directions
• Frauds classification and reporting directions
• Reporting of information on CRILC (Central Repository of Information on Large Credits)
• Submission of credit information to Credit Information Companies (CICs)
• The penalties by entity type were:
• 264 penalties on cooperative banks amounting to ₹15.63 crore
• 37 penalties on non-banking financial companies (NBFCs)/asset reconstruction companies (ARCs)totaling₹7.29 crore
• 13 penalties on housing finance companies (HFCs)totaling₹83 lakh
• Penalties aggregating ₹11.11 crore on 8 public sector banks
• Penalties aggregating ₹14.8 crore on 15 private sector banks
• 6 foreign banks were also penalized (amount not specified)
• The enforcement actions and penalties aim to ensure compliance with RBI's statutes and directions and strengthen the financial sector's integrity.

About RBI :

• Established : 1 April 1935
• Headquarters : Mumbai, Maharashtra, India
• Governor : Sanjay Malhotra

UPI Transactions Reach Record High in May, Surpass ₹25 Trillion Mark for First Time

• Unified Payments Interface (UPI) transactions reached an all-time high of 18.68 billion in volume and ₹25.14 trillion in value in May 2025.
• Compared to April 2025, UPI transactions grew by:
• 4% increase in volume (from 17.89 billion to 18.68 billion)
• 5% increase in value (from ₹23.95 trillion to ₹25.14 trillion)
• The previous record was set in March 2025, with 18.3 billion transactions and ₹24.77 trillion in value.
• Daily transactions rose from 596 million in April to 602 million in May 2025, while the daily transaction value increased from ₹79,831 crore to ₹81,106 crore.
• Since its launch in 2016, UPI's growth has been driven by:
• Government initiatives promoting digital payments post-demonetisation
• Increased smartphone penetration
• Participation of private players like Google Pay, PhonePe, and Paytm
• To boost adoption, the Union Cabinet approved a ₹1,500 crore incentive scheme to subsidize costs for small-value digital transactions in the UPI ecosystem.
• The Payments Council of India (PCI), representing digital payment firms, requested the Prime Minister to:
• Reintroduce the Merchant Discount Rate (MDR) on UPI and RuPay debit card transactions
• Proposed 0.3% MDR on UPI payments for large merchants
• Nominal MDR on RuPay debit card transactions for all merchants

Asian Development Bank unveils $10 billion scheme to revamp India’s urban infrastructure and services

• The Asian Development Bank (ADB) announced a $10 billion plan for India’s urban transformation aimed at achieving the goals of Viksit Bharat by 2047.
• The announcement followed a three-day visit to India by ADB President Masato Kanda, who met Prime Minister Narendra Modi.
• The plan comprises sovereign loans, private sector financing, and third-party capital.
• The initiative is led by India’s flagship Urban Challenge Fund (UCF), supported by ADB to attract private investment in urban infrastructure.
• Analytical work completed on growth hubs, creative city redevelopment, and water and sanitation upgrades in 100 cities across India is laying the groundwork for the UCF.
• ADB is providing $3 million technical assistance to design bankable projects and enhance the capacity of states and urban local bodies.
• India’s towns and cities are projected to house over 40% of the population by 2030.
• ADB has collaborated with 110+ cities across 22 states on projects related to water supply, sanitation, housing, and solid waste management.
• ADB’s current active urban portfolio includes 27 loans worth $5.15 billion.

About Asian Development Bank (ADB):

• Headquarters: Mandaluyong, Metro Manila, Philippines
• Founded: 1966
• President: Masato Kandaassa
• Members: 69

Reserve Bank of India to Roll Out Indigenous Cloud Platform for Data Localisation and Aid to Small Banks

• The Reserve Bank of India (RBI) will launch its own cloud infrastructure called the Indian Financial Services (IFS) Cloud in 2025–26 to promote data localisation and reduce dependence on foreign cloud providers.
• The IFS Cloud is developed by RBI’s subsidiary Indian Financial Technology & Allied Services (IFTAS)and is a community cloud designed specifically for the RBI and regulated financial institutions.

Key Highlights :

• The initiative supports India’s data localisation policies and aims to bring financial data management under tighter regulatory oversight.
• The cloud service will offer cost-effective, scalable solutions, especially benefiting smaller banks and NBFCs by improving access to cloud infrastructure without relying on global tech firms.
• Ownership of the IFS Cloud is expected to transition to a consortium of financial sector participants over time.
• RBI plans to upgrade its core banking solution, e-Kuber, which handles real-time settlements like RTGS and NEFT, by adding modules for government auctions, public debt management, and financial literacy.
• The cloud-native, API-first redesign of e-Kuber aims to enhance scalability and handle increasing digital transaction volumes; it currently services over 250 commercial banks and state governments.
• To combat digital payment fraud, RBI will introduce exclusive internet domains — ‘bank.in’ and ‘fin.in’ — managed by the Institute for Development and Research in Banking Technology (IDRBT) as the domain registrar.
• These domains are designed to reduce phishing risks and improve trust in digital banking platforms.
• RBI will also introduce an AI governance framework to regulate the use of artificial intelligence (AI) and machine learning (ML) by its staff and partners, focusing on data protection, transparency, and operational integrity.

Government Hits FY25 Fiscal Deficit Target of 4.8%

• The Government of India met its fiscal deficit target of 4.8% of GDP for FY 2024-25, as per data from the Controller General of Accounts.

Key Highlights :

• Total receipts (tax, non-tax, and capital) were ₹30.78 lakh crore, which is 97.8% of the revised estimates.
• Total expenditure was ₹46.55 lakh crore, also 97.8% of the revised estimates.
• The fiscal deficit amounted to ₹15.77 lakh crore, equal to 4.8% of GDP based on provisional GDP estimates for 2024-25.
• The government has targeted a fiscal deficit of 4.4% of GDP for the next year, FY 2025-26, as announced by Finance Minister Nirmala Sitharaman.
• Total revenue shortfall was mainly due to a decline in miscellaneous capital receipts, including disinvestment proceeds.
• Miscellaneous capital receipts were ₹17,202 crore, only 52.1% of the revised projections.
• Disinvestment proceeds earned were ₹10,131.32 crore for 2024-25.
• Net tax receipts stood at ₹24.99 lakh crore, which is 97.7% of the estimate.
• Corporate tax collections surpassed estimates by 0.7%, reaching ₹9.87 lakh crore.
• Income tax collections were nearly 6% lower than expected, at ₹11.83 lakh crore.
• On the expenditure side:
• Capital expenditure (asset creation) was ₹10.52 lakh crore, 103.3% of estimates.
• Revenue expenditure (salaries, pensions, interest, subsidies) was ₹36.03 lakh crore, about 2.5% lower than estimated.

CURRENT AFFAIRS: NATIONAL NEWS

Rashtriya Boudhik Sampada Mahotsav 2025 Celebrated at CSIR-IIP, Dehradun

• CSIR-Indian Institute of Petroleum (CSIR-IIP), Dehradun celebrated Rashtriya Boudhik Sampada Mahotsav (RBSM) 2025 to spread awareness about Intellectual Property (IP).
• The initiative is part of Azadi ka Amrit Mahotsav and was first launched in July 2023 to emphasize the importance of protecting innovations.

Key Highlights:

• Inaugural Ceremony: The event began with traditional lamp lighting and Saraswati Vandana, symbolizing reverence for knowledge.
• Opening Remarks:Dr. Deepti Agrawal, In-charge of the Intellectual Property Management Group (IPMG), introduced the objective of the celebration.
• Director’s Address:Dr. Harender Singh Bisht, Director of CSIR-IIP, stressed the need for safeguarding inventions and fostering a culture of innovation.
• Expert Session on IP Rights: Dr. Kapil Arya from CSIR-Innovation Protection Unit, New Delhi, delivered a session titled “Feel the Beat of Intellectual Property Rights”, explaining the importance of patents and IP awareness for researchers.
• Insights from Patent Committee:Dr. N. Vishwanatham, Chairman of the Patent and Publication Committee, discussed the role of the committee and CSIR-IIP’s track record in technological innovation.

India’s First Artificial Intelligence Special Economic Zone Established in Nava Raipur

• India is set to develop its first AI-focused Special Economic Zone (SEZ) in Nava Raipur, Chhattisgarh, with a significant investment of ₹1,000 crore by RackBankDatacentersPvt. Ltd.
• This initiative aims to position India as a global leader in artificial intelligence by providing state-of-the-art infrastructure for AI innovation, research, and deployment.

Key Highlights :

• Developer and Location: Ltd. (Indore-based), Nava Raipur, Chhattisgarh.
• Investment & Size: ₹1,000 crore investment over 6 acres with a 1.5 lakh sq. ft. facility.
• Infrastructure Capacity: Four data centers with a combined capacity of 80 MW housing high-performance servers.
• Expected Tenants: Global tech giants like Google, OpenAI, Microsoft, and Meta are anticipated to set up operations.
• Objectives:
  • Foster AI research, development, and large-scale deployment.
  • Transition India from an AI consumer to a producer.
  • Provide tax exemptions and regulatory benefits under the SEZ framework.
  • Create employment opportunities, especially for youth from underdeveloped districts.
  • Strengthen digital infrastructure across various Indian states.
• Social and Economic Impact:
  • Talent from districts such as Kanker, Sukma, Dantewada, and Bilaspur will access global-level jobs, reducing migration to metros like Bengaluru.
  • Generate employment in data science, cybersecurity, IT engineering, and network management.
• Skill Development:
  • Partnerships with ITIs, engineering colleges, and polytechnics to launch customized training aligned with industry needs.
• Context:
  • India currently has 423 approved SEZs, with 270 operational since the SEZ Act was introduced in 2005.
  • SEZ policy aims to boost exports, attract foreign investment, generate employment, and simplify business procedures.

RECENT NEWS

• On March 30, 2025, Prime Minister Narendra Modi laid the foundation stone and inaugurated development projects worth over ₹33,700 crore in Bilaspur, Chhattisgarh.
• The Chhattisgarh government, led by Chief Minister Vishnu Deo Sai, is planning to introduce a stricter anti-conversion law to curb illegal religious conversions in the state.

Union Home Minister Amit Shah Inaugurates New Central Forensic Science Laboratory (CFSL) Building in Kolkata

• Union Home Minister and Minister of Cooperation Amit Shah inaugurated the newly constructed Central Forensic Science Laboratory (CFSL) building in Kolkata.
• The facility, built at a cost of ₹88 crore, is expected to bolster forensic capabilities across eastern and northeastern states including West Bengal, Jharkhand, Bihar, Odisha, Assam, and Sikkim.

Key Highlights:

• Objective: The new CFSL will strengthen forensic science support for criminal investigations, aiding a secure, transparent, and evidence-based justice system envisioned by the government under PM Narendra Modi.
• Cluster Approach for FSLs: Amit Shah announced a national network of Forensic Science Laboratories (FSLs) organized through a cluster approach, where 3–4 states will share forensic facilities and resources for efficient utilization.
• Forensic Integration Campaign: Starting January 2026, a campaign will be launched to bring forensic science practices to the police station level, shifting the criminal justice system from argument-based to evidence-based.
• Launch of Digital Tools:Shah formally launched Narcotics Version 2.0 and Explosives Version 2.0, digital forensic tools designed to simplify and accelerate forensic processes amid evolving digital-age crimes.
• Legal Reforms:The new laws—Bharatiya Nyaya Sanhita (BNS), Bharatiya Nagarik Suraksha Sanhita (BNSS), and Bharatiya Sakshya Adhiniyam (BSA)—replace colonial-era statutes, empowering investigators to use technology with clear legal backing. Forensic visits are now mandatory in cases involving sentences of more than seven years.

Expansion & Capacity Building:

• National Forensic Science University (NFSU):
  • 16 campuses approved, 7 operational.
  • Plan to train 36,000 forensic professionals annually, exceeding the current demand of 30,000 per year.
• New Forensic Infrastructure:
  • 9 new NFSU campuses and 7 new CFSLs being set up in states like Uttar Pradesh, Chhattisgarh, Odisha, Rajasthan, Tamil Nadu, Kerala, and Bihar.
  • Total investment exceeding ₹2,100 crore.
• National Forensic Data Centre:
  • Proposed with an allocation of ₹200 crore to further modernize orensic data handling.

RECENT NEWS

• In a significant step to bolster national security and counter-terrorism efforts, Union Home Minister Amit Shah inaugurated the revamped Multi Agency Centre (MAC) on May 16, 2025. Developed at a cost of ₹500 crore, the upgraded MAC is a centralised, AI-powered intelligence platform housed under the Intelligence Bureau (IB).
• Union Home Minister Amit Shah unveiled a series of development projects and welfare schemes worth over Rs 800 crore in Bihar on the occasion of International Cooperative Day.
• On March 31, 2025, Union Home Minister and Minister of Cooperation, Amit Shah, unveiled a grand statue of Maharaja Agrasen, inaugurated a new ICU facility, and laid the foundation stone for a PG hostel in Hisar, Haryana.

Central Consumer Protection Authority (CCPA) Issues Guidelines to Curb Illegal Sale of Radio Equipment on E-Commerce Platforms

• The Central Consumer Protection Authority (CCPA) under the Ministry of Consumer Affairs has issued the Guidelines for the Prevention and Regulation of the Illegal Listing and Sale of Radio Equipment, Including Walkie-Talkies, on E-Commerce Platforms, 2025 to address unauthorised online sales of wireless devices that could threaten consumer safety and interfere with critical communication networks.

Key Highlights:

• Objective of Guidelines: The norms aim to prevent misleading product listings by ensuring that consumers are informed about licensing requirements and legal obligations under the Indian Telegraph Act, 1885; the Wireless Telegraphy Act, 1933; and the Use of Low Power, Very Low Power Short Range Radio Frequency Devices (Exemption from Licensing Requirement) Rules, 2018.
• Inter-Ministerial Consultation: Developed in coordination with the Department of Telecommunications (DoT) and the Ministry of Home Affairs (MHA), the guidelines respond to findings that walkie-talkies were being sold online without mandatory disclosures regarding frequency ranges and licensing.
• Mandatory Listing Requirements: E-commerce platforms must list only authorised and compliant devices operating on permitted frequencies, with each listing specifying frequency bands, technical parameters, and proof of Equipment Type Approval (ETA).
• Due Diligence by Marketplaces: Online marketplaces are required to verify regulatory compliance for every listing; products lacking frequency information or necessary certification must be immediately removed.
• Prohibition of Misleading Claims: The norms explicitly prohibit advertisements or descriptions that could misinform consumers about the legal use of radio equipment.
• Seller Obligations: Sellers must ensure their equipment does not operate on non-exempt frequencies and must clearly label frequency bands on product pages to prevent unauthorised use.
• Penalties and Enforcement: Violations will attract action under the Consumer Protection Act, 2019, with penalties outlined for platforms and sellers who fail to comply with the guidelines.
• Precedent Actions: Prior to issuing these norms, the CCPA issued 13 notices against 16,970 product listings on major digital marketplaces for failing to disclose frequency ranges, licensing obligations, or Equipment Type Approval, thereby violating consumer protection laws.

CURRENT AFFAIRS: STATE NEWS

Kashmir’s First Cherry Cargo Train Flagged Off from Katra to Mumbai

• In a significant move for horticulture and logistics, Kashmir has launched its first-ever cherry cargo train, transporting fresh cherries from Katra (Jammu) to Mumbai, offering a cost-effective alternative to air cargo for small farmers.

Key Highlights :

• First-of-its-Kind Rail Transport for Cherries: A 24-tonne refrigerated parcel van has been booked via a VP indent by Jammu railway division, marking the first train-based cherry shipment from the region.
• Journey Time and Route: The train journey from Katra to Mumbai takes just over 30 hours, ensuring timely delivery of the perishable fruit.
• Support for Small Farmers: The new service addresses the high cost of air transport, making it affordable for small cherry growers, who can now reach distant markets.
• Seasonal Boost: The service has been launched during the peak cherry harvest season (May–June) when Kashmir produces 12,000–14,000 metric tonnes of cherries annually.
• Economic Impact: According to the All Kashmir Fruit Growers Union, this move is a major breakthrough and may lead to increased cherry production and market access.
• Expansion Plans: Discussions are underway to add parcel vans to other trains like the Paschim Express from Amritsar to expand the model.
• Challenge in Rail Booking Rules: A key hurdle remains the requirement of full advance payment for a 25-tonne van, regardless of daily harvest volumes, prompting ongoing talks with Indian Railways for flexible booking terms.

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Asheesh Pandey appointed as MD & CEO of Union Bank; Kalyan Kumar named new chief of Central Bank of India

• The Financial Services Institutions Bureau (FSIB) recommended Asheesh Pandey as MD & CEO of Union Bank of India (UBI) and Kalyan Kumar as MD & CEO of Central Bank of India (CBoI).
• Both candidates are currently Executive Directors: Asheesh Pandey at Bank of Maharashtra and Kalyan Kumar at Punjab National Bank.
• FSIB conducted an interface with 23 candidates from various public sector banks between May 27 – May 30, 2025 for the MD & CEO positions.
• The recommendation was based on candidates’ performance in the interface, overall experience, and other parameters.
• The current UBI Chief AManimekhalai's three-year term ends next month.
• The tenure of MV Rao, MD & CEO of Central Bank of India, ends in July 2025.

Air Marshal Jasvir Singh Mann Assumes Charge as Senior Air Staff Officer, Western Air Command

• Air Marshal Jasvir Singh Mann took charge as Senior Air Staff Officer (SASO) of Western Air Command, Indian Air Force on 1 June 2025.
• He is an alumnus of the National Defence Academy (NDA).

About Air Marshal Jasvir Singh Mann :

• He was commissioned as a fighter pilot on 16 December 1989.
• Has flown over 3000 hours on various fighter aircraft.
• Commanded a fighter squadron, served as Chief Operations Officer of a forward base, and was Air Officer Commanding of a premier fighter base.
• Held key appointments at Air Headquarters and Command Headquarters.
• Directed Joint Military Training exercises with the Republic of Singapore Air Force (2017) and the US Air Force (2018).
• Served as Senior Officer-in-Charge Administration and Air Defence Commander of Central Air Command.
• Alumnus of Defence Services Staff College and Royal College of Defence Studies, London, UK.
• Before current posting, served as Director General (Weapon Systems) at Air Headquarters.
• Awarded Ati Vishisht Seva Medal (AVSM) and Vayu Sena Medal (VM) for distinguished service.

Lt Gen Dinesh Singh Rana assumes charge as C-in-C of Andaman & Nicobar Command

• Lt Gen Dinesh Singh Rana assumed charge as the 18th Commander-in-Chief of the Andaman & Nicobar Command (CINCAN) on June 1, 2025.
• The Andaman & Nicobar Command (ANC) is India’s first and only joint services operational command, integrating the Army, Navy, Air Force, and Coast Guard.
• ANC is based at Sri Vijaya Puram and safeguards India’s interests in the strategically vital Indian Ocean Region.

About Lt Gen Dinesh Singh Rana :

• Lt Gen Rana was commissioned into the 10th Battalion, The Garhwal Rifles on December 19, 1987, and later commanded the same battalion.
• He is a graduate of National Defence Academy (NDA), Khadakwasla, and a postgraduate of Defence Services Staff College, Wellington.
• Alumnus of National Defence College (New Delhi), Centre for National Defence Studies (Madrid, Spain), and National Defense University (USA).
• Over a career spanning 37 years, he has held diverse operational, instructional, and staff appointments.
• He served with Indian Military Training Team and United Nations Interim Force in Lebanon (UNIFIL).
• He commanded an Infantry Brigade and Division in the Eastern Sector and led the Gajraj Corps along the Line of Actual Control (LAC).
• Instructor roles at Indian Military Academy (Dehradun), College of Defence Management (Secunderabad), and Army War College (Mhow).
• Staff appointments include Brigade Major, Deputy Director General Staff Duties, Brigadier Military Intelligence (East), Provost Marshal, and Director General Staff Duties at Integrated HQ, MoD (Army).
• Before CINCAN, he was Director General, Defence Intelligence Agency (DIA), becoming the first Chief of Defence Intelligence to be elevated to Commander-in-Chief
• Awarded prestigious medals including:
• Param Vishisht Seva Medal (PVSM)
• Ati Vishisht Seva Medal (AVSM)
• Yudh Seva Medal (YSM)
• Sena Medal (SM)
• Chief of Army Staff Commendation Card
• Early in his career, received Sena Medal and COAS Commendation for gallantry in Kashmir.

Kotak Bank Deputy Managing Director Shanti Ekambaram to Retire; Ashok Kashyap Appointed Executive Director

• Shanti Ekambaram, Deputy Managing Director of Kotak Mahindra Bank, will retire on October 31, 2025, after completing her current term.
• Paritosh Kashyap, currently Group President and Business Head – Wholesale Banking Group, will be appointed as Whole Time Director (Executive Director) and Key Managerial Personnel.
• Paritosh Kashyap is recognized for his deep institutional knowledge, strategic foresight, and customer-first mindset.
• Shanti Ekambaram has been with Kotak Group since 1991, contributing significantly to the growth and evolution of the bank over three decades.
• She led key strategic businesses such as Investment Banking, Capital Markets, Corporate Banking, Treasury, 811, and Consumer Banking.
• Paritosh Kashyap has over 30 years of experience with Kotak and has been leading the Wholesale Banking Business since 2022.
• He has also managed Structured Finance, Real Estate, and Debt Capital Markets.
• Kashyap served as MD & CEO of Kotak Mahindra International Limited (KMIL) from 2016 to 2019.
• He is a member of the Group Management Council.

Rajiv Memani, EY India Chief, appointed as Confederation of Indian Industries President for 2025-26

• Rajiv Memani, EY India Chief, has taken over as the President of the Confederation of Indian Industries (CII) for 2025-26.
• He succeeds Sanjiv Puri, Chairman & Managing Director of ITC Ltd.
• R Mukundan, MD & CEO of Tata Chemicals, has been appointed President-Designate of CII.
• Suchitra K Ella, Co-founder and MD of Bharat Biotech, has been appointed Vice President of CII.
• Rajiv Memani is also a member of the EY Global Executive Board and chairs the Growth Markets Council.
• He advises large companies and multinationals on Mergers & Acquisitions (M&A), technology, and capital strategies.
• Memani has served on several high-level government committees, including the Finance Ministry’s task force on the 2019 Direct Tax Code.
• Suchitra Ella, a Padma Bhushan awardee (2022), co-founded Bharat Biotech in 1996.
• She has contributed to the fields of biotechnology, veterinary science, and agri-tech sectors.

About Confederation of Indian Industries :

• Formation : 1895
• Headquarters : New Delhi, India
• Director General :Chandrajit Banerjee

Shailendra Nath Gupta assumes office as Director General of Defence Estates

• Shri Shailendra Nath Gupta took charge as Director General of Defence Estates on May 31, 2025.
• He is a 1990-batch Indian Defence Estates Service officer with a distinguished career in Cantonments and Defence land management.
• Previously served as CEO of various Cantonment Boards, Defence Estate Officer of multiple circles, staff officer, Director Defence Estates (Central Command), and Principal Director Defence Estates (Eastern Command).
• The Directorate General of Defence Estates manages approximately 18 lakh acres of defence land across India.
• It functions under six commands, 38 Defence Estates Circles, and 61 Cantonment Boards.

CURRENT AFFAIRS: AWARDS AND HONOURS

Miss Indonesia Monica Kezia Sembiring Wins Talent Finale at Miss World 2025 in Hyderabad

• In a vibrant showcase of global culture and creativity, Miss Indonesia, Monica Kezia Sembiring, emerged as the winner of the Talent Finale at Miss World 2025, held at Shilpakala Vedika, Hyderabad.

Key Highlights :

• Winning Performance: Monica Kezia Sembiring impressed judges and audience with a fusion piano performance, blending Indian and Indonesian melodies, earning her the top spot in the Talent round.

Runners-Up:

• Miss Cameroon, Issie Princesse secured second place with her powerful gospel song "Goodness of God".
• Miss Italy, Chiara Esposito claimed third place with an emotional ballet performance showcasing grace and gratitude.

Standout Performances:

• Miss India, Nandini Gupta delivered a crowd-favorite Bollywood dance.
• Miss Kenya, Grace Ramtu, closed the solo acts with a lively DJ set.
• Miss Nigeria, Miss USA, Miss Malta, and Miss Brazil gave memorable singing and dance acts.
• Miss Netherlands presented ice-skating skills via video; Miss Trinidad and Tobago showed an aerial act on video.
• The show ended with all 24 finalists dancing together to "Ranu Mumbai ki Ranu", symbolizing unity and celebration of global talent.

RECENT NEWS

• Vishwanath Karthikey Padakanti, a 16-year-old boy from Hyderabad, has made history. He is now the youngest India and the second youngest person in the world to finish the famous 7 Summits challenge.
• In a spectacular showcase of athleticism and global camaraderie, Miss Estonia Eliise Randmaa created history by clinching the gold medal at the Miss World 2025 Sports Challenge held at the Gachibowli Indoor Stadium in Hyderabad.

CURRENT AFFAIRS: SPORTS NEWS

Indian Grandmaster D Gukesh Defeats Magnus Carlsen at Norway Chess 2025

• Indian Grandmaster D Gukesh achieved a historic victory over World Chess Champion Magnus Carlsen at the Norway Chess 2025 tournament, marking his first classical win against Carlsen and a major milestone in his career.

Key Highlights :

• Comeback Win: After losing to Carlsen in the first round, Gukesh showed remarkable resilience in the rematch, overturning a losing position to secure victory in a tense endgame.
• Gukesh opened with 1.e4; Carlsen responded with the Berlin Defense.
• Despite Carlsen’s strong control and 98.7% accuracy mid-game, a critical mistake at move 44…f6 gave Gukesh the advantage.
• Under intense time pressure, Carlsen’s blunder at 52…Ne2+ allowed Gukesh to outmaneuver him and win.
• Tournament Impact:
  • Carlsen and Fabiano Caruana lead with 9.5 points each.
  • Gukesh’s 8.5 points place him firmly as a top contender.
  • Other notable wins include Caruana over Nakamura and Arjun Erigaisi over Wei Yi.

RECENT NEWS

• In the World Chess Armageddon Asia & Oceania event, Indian Grandmaster D Gukesh, who is a teenager, pulled off a major upset by defeating former world rapid champion Nodirbek Abdusattorov of Uzbekistan in the final. Gukesh emerged as the winner in a thrilling summit clash that was full of ups and downs.
• Indian Grandmaster D Gukesh has been honoured with Player-of-the-Year award by the Asian Chess Federation (ACF) for clinching the gold medal with a record-breaking score of 9/11 in the 44th Chess Olympiad at Mahabalipuram.

Glenn Maxwell Announces Retirement from One-Day International Cricket

• Star Australian all-rounder Glenn Maxwell announced his retirement from One-Day Internationals (ODIs), concluding a distinguished 13-year career in the format.

Key Highlights:

• Career Span: Maxwell debuted in August 2012 and played 149 ODIs, scoring 3,990 runs and taking 77 wickets.
• World Cup Success: Part of Australia’s ICC World Cup–winning squads in 2015 and 2023.
• Final Appearance: Last ODI match was against India in the Champions Trophy 2025 earlier this year.
• Retirement Reason: Chose to prioritize preparation for the 2026 T20 World Cup in India and Sri Lanka, the Big Bash League, and other global commitments.
• Legacy: Maxwell’s dynamic batting and handy bowling made him a key contributor to Australia’s white-ball success, leaving a lasting impact on the game.

India’s Boxing Glory at the 4th Thailand Open International Boxing Tournament

• India showcased a stellar performance at the 4th Thailand Open International Boxing Tournament, securing an impressive eight-medal haul, highlighted by two gold medals.

Key Highlights:

• Gold Medalists:
  • Deepak (75 kg): Won gold with a convincing 5:0 victory over Uzbekistan’s AbdurakhimovJavokhir in the final.
  • Naman Tanwar (90 kg): Defeated China’s Han Xuezhen 4:1 to clinch gold in his category.
• Silver Medal:
  • Kiran (Women’s 80+ kg): Narrowly lost 2:3 to Kazakhstan’s YeldanaTalipova, securing silver after a closely contested final.
• Bronze Medalists (Women):
  • Tamanna (51 kg)
  • Priya (57 kg)
  • Sanju (60 kg)
  • Saneh (70 kg)
  • LalfakmawiiRalte (80 kg)

About Thailand

• Capital: Bangkok
• Currency: Thai Baht
• Prime minister: Paetongtarn Shinawatra

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

China launched Tianwen-2 in June 2025 aboard a Long March 3B rocket from Xichang Satellite Launch Center

• Tianwen-2 was launched in June 2025 using a Long March 3B rocket from Xichang Satellite Launch Center, China.
• Mission Objective:Tosample a near-Earth asteroid named 469219 Kamoʻoalewa (2016 HO3) and later survey the main belt comet 311P/PANSTARRS.

Key Highlights :

• Asteroid Rendezvous:Expected to rendezvous with the asteroid in July 2026.
• The mission will spend 7 months studying and collecting samples.
• Sample Return:Samples from the asteroid will be returned to Earth by late 2027 via a reentry module.
• Scientific Goals:To understand the nature and origin of the asteroid, possibly a moon fragment.
• Analyze mineral content and compare with other asteroids.
• Explore organic molecules, amino acids, and nucleobases related to the origins of life.
• Mission Continuation:After sample return, Tianwen-2 will perform an Earth gravity assist to head towards the comet 311P/PANSTARRS for a 6-year voyage ending around 2035.
• Challenges in Small-Body Exploration:Asteroids and comets have weak and irregular gravity fields.
• The spacecraft must perform precise maneuvers to match rotation and speed for sampling.
• Requires extreme precision, autonomy, and planning due to tumbling and low gravity.
• Sampling Techniques:

1. Hover sampling with a robotic arm matching asteroid rotation.
2. Touch-and-go (TAG) with a rotating brush (used by NASA's OSIRIS-REx and JAXA’s Hayabusa2).
3. Anchored sampling using drills at landing legs (if terrain permits).

• Scientific Payloads: Tianwen-2 carries 11 scientific instruments including:
• Multispectral and infrared spectrometers (surface composition)
• High-resolution cameras (geological mapping)\
• Radar sounder (subsurface structures)
• Magnetometer (magnetic fields)
• Dust and gas analyzers (comet activity)
• Charged particle detectors (solar wind interaction)
• Global Context & Collaboration: Tianwen-2 joins other missions like ESA’s Ramses, NASA’s DART and OSIRIS-REx, and JAXA’s Hayabusa series, contributing to planetary science and planetary defense.
• Long-Term Exploration Roadmap:Part of China’s broader space plan including:
• Tianwen-1 Mars mission (successful)
• Upcoming Tianwen-3 Mars sample return
• Tianwen-4 Jupiter system exploration
• Planned Venus sample return, International Lunar Research Station (ILRS), and search for habitable exoplanets.

CURRENT AFFAIRS : OBITUARIES

Wildlife and tiger conservationist Valmik Thapar passed away at 73

• Valmik Thapar, noted wildlife and tiger conservationist, died at 73 in Delhi on May 31, 2025.

About Valmik Thapar :

• Valmik Thapar is known for evocative photographs and authoring nearly 50 books on tigers, especially those in Ranthambore, Rajasthan.
• He served on several government committees, including the National Board for Wildlife and a Supreme Court empowered committee on wildlife.
• He was a founder of the Ranthambhore Foundation, an NGO working with about 100 villages around the Ranthambhore Tiger Reserve.
• He was critical of the implementation of Project Tiger (launched in 1972), which aimed to restore India's tiger population through forest reserves and tiger corridors.
• Thapar’s advocacy sometimes conflicted with the Forest Rights Act, which protects rights of tribals and traditional forest dwellers.
• He spent extensive time in the field, collaborating with community elders, forest officials, and others to find solutions for conservation challenges.
• Famous for books like "Land of the Tiger" (1997) and "Tiger Fire", and for producing wildlife films, including the BBC series Land of the Tiger.
• In 2024, appeared in My Tiger Family, a documentary reflecting his 50 years of tiger observations.
• He opposed Project Cheetah, India’s plan to reintroduce African cheetahs, citing lack of suitable habitat and expertise.

CURRENT AFFAIRS: IMPORTANT DAYS

World Bicycle Day 2025: June 3 

• On the 3rd June, World Bicycle Day 2025 is celebrated all over the world.
• World Bicycle Day is celebrated all over the globe every year on the 3rd of June to recognize the versatility and uniqueness of the bicycle, as well as its reliability and sustainability as a mode of transportation.
• World Bicycle Day 2025 with the theme 'Cycling for a Sustainable Future'.

History

• In February 2015, The Movement Begun Leszek Sibilski, a sociology professor and cycling and physical education activist, writes a blog post for the World Bank titled, 'Cycling Is Everyone’s Business.'
• In February 2016, World Bicycle Day Gains Momentum. Professor Sibilski publishes another blog post for the World Bank titled, 'Why is there no world day for the bicycle?'
• In March 2016, Sibilski appeared at Scientists for Cycling and Sibilski spoke at the Scientists for Cycling colloquium in Taipei, Taiwan, and argues for a World Bicycle Day.
• On April 12, 2018, Stamp of Approval happened and The United Nations officially designated June 3 as World Bicycle Day.

Daily CA One- Liner: June 3^rd

• CSIR-Indian Institute of Petroleum (CSIR-IIP), Dehradun celebrated RashtriyaBoudhik Sampada Mahotsav (RBSM) 2025 to spread awareness about Intellectual Property.
• India is set to develop its first AI-focused Special Economic Zone (SEZ) in Nava Raipur, Chhattisgarh, with a significant investment of ₹1,000 crore by RackBankDatacentersPvt. Ltd.
• Union Home Minister and Minister of Cooperation Amit Shah inaugurated the newly constructed Central Forensic Science Laboratory (CFSL) building in Kolkata.
• The Central Consumer Protection Authority (CCPA) under the Ministry of Consumer Affairs has issued the Guidelines for the Prevention and Regulation of the Illegal Listing and Sale of Radio Equipment, Including Walkie-Talkies, on E-Commerce Platforms, 2025 to address unauthorised online sales of wireless devices that could threaten consumer safety and interfere with critical communication networks
• In a significant move for horticulture and logistics, Kashmir has launched its first-ever cherry cargo train, transporting fresh cherries from Katra (Jammu) to Mumbai, offering a cost-effective alternative to air cargo for small farmers
• In a vibrant showcase of global culture and creativity, Miss Indonesia, Monica Kezia Sembiring, emerged as the winner of the Talent Finale at Miss World 2025, held at Shilpakala Vedika, Hyderabad
• Indian Grandmaster D Gukesh achieved a historic victory over World Chess Champion Magnus Carlsen at the Norway Chess 2025 tournament, marking his first classical win against Carlsen and a major milestone in his career
• Star Australian all-rounder Glenn Maxwell announced his retirement from One-Day Internationals (ODIs), concluding a distinguished 13-year career in the format
• India showcased a stellar performance at the 4th Thailand Open International Boxing Tournament, securing an impressive eight-medal haul, highlighted by two gold medals
• On the 3rd June, World Bicycle Day 2025 is celebrated all over the world.
• The Reserve Bank of India (RBI) imposed 353 penalties totaling₹54.78 crore on regulated entities (REs) for statutory violations during the fiscal year ending March 31, 2025.
• Unified Payments Interface (UPI) transactions reached an all-time high of 68 billion in volume and ₹25.14 trillion in value in May 2025.
• The Asian Development Bank (ADB) announced a $10 billion plan for India’s urban transformation aimed at achieving the goals of Viksit Bharat by 2047.
• The Reserve Bank of India (RBI) will launch its own cloud infrastructure called the Indian Financial Services (IFS) Cloud in 2025–26 to promote data localisation and reduce dependence on foreign cloud providers.
• The Government of India met its fiscal deficit target of 4.8% of GDP for FY 2024-25, as per data from the Controller General of Accounts.
• The Financial Services Institutions Bureau (FSIB) recommended Asheesh Pandey as MD & CEO of Union Bank of India (UBI) and Kalyan Kumar as MD & CEO of Central Bank of India (CBoI).
• Air Marshal Jasvir Singh Mann took charge as Senior Air Staff Officer (SASO) of Western Air Command, Indian Air Force on 1 June 2025.
• Lt Gen Dinesh Singh Rana assumed charge as the 18th Commander-in-Chief of the Andaman & Nicobar Command (CINCAN) on June 1, 2025.
• Shanti Ekambaram, Deputy Managing Director of Kotak Mahindra Bank, will retire on October 31, 2025, after completing her current term.
• Rajiv Memani, EY India Chief, has taken over as the President of the Confederation of Indian Industries (CII) for 2025-26.
• Shri Shailendra Nath Gupta took charge as Director General of Defence Estates on May 31, 2025.
• Tianwen-2 was launched in June 2025 using a Long March 3B rocket from Xichang Satellite Launch Center, China.
• Valmik Thapar, noted wildlife and tiger conservationist, died at 73 in Delhi on May 31, 2025.