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CURRENT AFFAIRS : BANKING, FINANCE & BUSINESS

West Bengal Gramin Bank Partners with Canara HSBC Life Insurance to Expand Life Insurance Reach Across Rural and Semi-Urban West Bengal

• West Bengal Gramin Bank (WBGB), one of India’s largest Regional Rural Banks (RRBs), partnered with Canara HSBC Life Insurance Company Limited to expand life insurance coverage across rural and semi-urban areas of West Bengal.
• The collaboration was formalized in the presence of Alok K. Goel (Chairman of WBGB) and Soly Thomas (Deputy CEO and Chief Distribution Officer (CDO) of Canara HSBC Life Insurance).
• Under the partnership, Canara HSBC Life Insurance will leverage WBGB’s network of 960 branches across West Bengal to distribute its insurance products.
• The collaboration aims to enhance insurance penetration and improve financial security among customers in rural and semi-urban regions.
• The partnership will provide access to a wide range of life insurance products, including solutions for protection, savings, long-term wealth creation, and family financial security.
• The initiative is expected to strengthen financial inclusion by making insurance services more accessible to underserved communities.

About Canara HSBC Life Insurance :

• Canara HSBC Life Insurance was established in 2007 as a joint venture between Canara Bank and HSBC Insurance (Asia Pacific) Holdings Limited.
• The company offers a diverse range of life insurance solutions to customers across India.

Bajaj Finserv Partners Indian Institute of Technology Bombay to Launch ‘Finserv Intelligence’ for Artificial Intelligence and Deep-Tech Innovation

• Bajaj Finserv Limited (BFS), one of India’s leading diversified financial services companies, in partnership with Indian Institute of Technology Bombay, has launched a new initiative called “Bajaj Finserv Intelligence” in Mumbai, Maharashtra.
• The initiative aims to strengthen India’s Artificial Intelligence (AI) and deep technology research and innovation ecosystem.
• Finserv Intelligence is designed as a long-term strategic programme (5–10 years horizon) focused on building next-generation technologies.
• The company has committed an investment of ₹1,500–₹2,000 crore over 5 years in AI innovation startups.
• A Memorandum of Understanding (MoU) and Master Collaboration Agreement have been signed with IIT Bombay to establish a joint research centre.
• The collaboration will focus on key emerging technologies including Artificial Intelligence (AI), cybersecurity, quantum technologies, and retail innovation systems.
• Beyond financial services, the initiative will also expand into sectors such as digital financial inclusion, health technology, preventive healthcare, and climate solutions.

Development Bank of Japan Joins Hands with HDFC Capital to Fund Affordable and Mid-Income Housing Projects in India

• Japanese financial institution Development Bank of Japan (DBJ) entered into a strategic partnership with HDFC Capital Advisors Limited to invest in affordable and mid-income housing projects in India.
• The partnership aims to create a total targeted investment corpus of USD 1 billion for supporting residential real estate development across India.
• This collaboration marks DBJ’s first-ever real estate investment in India, making it a significant milestone in India–Japan investment relations.
• Under the partnership, DBJ has committed capital to the HDFC Capital Development of Real Estate Affordable and Mid-Income Fund (H-DREAM Fund).
• The H-DREAM Fund is managed by HDFC Capital Advisors Limited, one of India's largest real estate private equity fund managers.
• The fund is focused on accelerating the development of affordable housing and mid-income housing projects in India.
• The H-DREAM Fund has a target corpus of USD 500 million, along with a USD 500 million green shoe option, taking the potential total size to USD 1 billion.
• The fund has already secured more than USD 350 million in investment commitments from investors.
• The investment is being routed through HDFC Capital’s offshore feeder fund structure established under the International Financial Services Centres Authority (IFSCA)
• The offshore fund structure is located at Gujarat International Finance Tec-City (GIFT City), India’s international financial services hub.

CURRENT AFFAIRS: NATIONAL AND STATE NEWS               

Supreme Court Constitutes Committee to Prepare Yamuna Action Plan

• Supreme Court Bench comprising Justice Manoj Misra and Justice Manmohan constituted a committee to prepare a Yamuna Action Plan.
• Committee to be headed by the Union Home Secretary.
• Members will include the Chief Secretaries of all States and Union Territories through which the Yamuna River flows.
• Supreme Court directed the committee to submit a comprehensive action plan within 8 weeks.
• Plan must clearly specify objectives, implementation strategy, roles and responsibilities of agencies, budgetary allocations, and timelines.
• Court directed that coordination and monitoring should be entrusted to a single authority.
• Aim is to strengthen efforts for cleaning, rejuvenation, and sustainable management of the Yamuna River.
• Yamuna River serves as a lifeline for more than 57 million people in the National Capital Region (NCR).
• Initiative seeks to address issues such as river pollution, sewage discharge, and environmental degradation.

India Provides Emergency Medical Assistance to Africa Centres for Disease Control and Prevention for Ebola Response

• India has provided emergency medical assistance to the Africa Centres for Disease Control and Prevention (Africa CDC) to support efforts against the ongoing Ebola outbreak in Africa.
• The first tranche of medical supplies and protective equipment was handed over by Upender Singh Rawat, India's High Commissioner to Uganda.
• The assistance was delivered to the Eastern Africa Regional Coordinating Centre of Africa CDC in Uganda.
• The supplies will support Ebola response operations in affected areas, particularly in the Democratic Republic of the Congo (DRC).
• The emergency consignment includes diagnostic kits, therapeutic medicines, infection prevention and control materials, protective equipment, and case management supplies.
• The aid is aimed at strengthening local healthcare systems and supporting frontline healthcare workers.
• The Ministry of External Affairs (MEA) stated that India remains committed to providing further support as the situation evolves.
• External Affairs Minister S. Jaishankar reaffirmed India's commitment to assisting African nations during the health emergency.
• Africa CDC welcomed India's contribution and acknowledged its role in supporting health security across the continent.
• The supplies are being used to combat the Bundibugyo Ebola outbreak in the Democratic Republic of the Congo.
• The assistance highlights India's growing role in global health diplomacy and South-South Cooperation.
• India has been a key healthcare partner for Africa through vaccine supplies, pharmaceutical exports, medical training, capacity building, and humanitarian assistance.
• The initiative further strengthens India–Africa strategic and healthcare cooperation.

About Africa Centres for Disease Control and Prevention (Africa CDC)

• Established: 2017
• Headquarters: Addis Ababa, Ethiopia
• Director General: Jean Kaseya
• Objective: Strengthen public health institutions and disease surveillance systems across Africa.

CURRENT AFFAIRS: AWARDS AND HONOURS

President Droupadi Murmu Confers Padma Awards 2026 at First Civil Investiture Ceremony

• President Droupadi Murmu conferred Padma Awards 2026 on 66 distinguished personalities during the First Civil Investiture Ceremony held at Rashtrapati Bhavan, New Delhi.
• The ceremony recognised outstanding contributions in art, sports, medicine, public affairs, trade and industry, and other fields.
• Awards presented during the first phase included 2 Padma Vibhushan, 6 Padma Bhushan, and 58 Padma Shri awards.
• The ceremony was attended by Prime Minister Narendra Modi, Vice President C. P. Radhakrishnan, Union Home Minister Amit Shah, and other senior dignitaries.
• Padma Vibhushan Awardees
• Late Dharmendra Singh Deol (Posthumous) – Art (Indian Cinema).
• Dr. N. Rajam – Indian Classical Music.
• Padma Bhushan Awardees
• Bhagat Singh Koshyari – Public Affairs.
• Dr. R. Ganesh – Art.
• Uday Suresh Kotak – Trade and Industry.
• Dr. Kallipatti Ramasamy Palanisamy – Medicine.
• Padma Shri Awardees
• Harmanpreet Kaur – Sports.
• Taga Ram Bheel – Art.
• Ratilal Mohanlal Borisagar.
• Swami Brahmdev.
• Kumar Bose.
• Along with several other distinguished personalities.
• The Padma Awards are announced annually on the eve of Republic Day and recognise exceptional achievements across various fields.
• For 2026, the President approved a total of 131 Padma Awards, comprising:
• Padma Vibhushan – 5
• Padma Bhushan – 13
• Padma Shri – 113
• The remaining awardees will be honoured during the Second Civil Investiture Ceremony later in 2026.

About Padma Awards

• Instituted: 1954

• Presented By: President of India at Rashtrapati Bhavan.
• Civilian Awards Hierarchy:
• Bharat Ratna – Highest Civilian Award.
• Padma Vibhushan – Second-Highest Civilian Award.
• Padma Bhushan – Third-Highest Civilian Award.
• Padma Shri – Fourth-Highest Civilian Award.
• Fields Covered: Art, Literature & Education, Sports, Medicine, Science & Engineering, Public Affairs, Social Work, Civil Service, Trade & Industry, and others.
• Nodal Ministry: Ministry of Home Affairs (MHA).

World Health Organization Announces World No Tobacco Day 2026 Award Winners

• The World Health Organization (WHO) announced the World No Tobacco Day 2026 Awards, recognising individuals, government agencies, researchers, and organisations for outstanding contributions to tobacco control.
• The awards honour efforts in reducing tobacco consumption, strengthening tobacco-control policies, promoting public awareness, and supporting smoking cessation initiatives.
• The awards cover recipients from all six WHO regions.
• WHO Director-General Special Award 2026
• Dr. Shaya Mohsin Zindani, Prime Minister and Minister of Foreign Affairs and Expatriates of Yemen, received the WHO Director-General Special Award.
• The award recognises exceptional leadership and commitment towards advancing tobacco control and public health objectives.
• African Region Awardees
• Dr. Nare Narcisse Mathurin (Burkina Faso),
• Dr. Louise Mapleh Kpoto (Liberia),
• Nigeria Film and Video Censors Board (Nigeria),
• Professor Catherine O. Egbe (South Africa),
• Professor Olalekan Ayo-Yusuf (South Africa).
• Region of the Americas Awardees
• Ministry of Agrarian Development and Family Farming (Brazil),
• Mônica Andreis, ACT Promoção da Saúde (Brazil),
• Daniel Dorado, Tobacco Control Campaign (Colombia),
• Dr. Inti Barrientos, National Institute of Public Health (Mexico),
• Dr. Cristina Lustemberg, Minister of Public Health (Uruguay).
• Eastern Mediterranean Region Awardees
• Dr. Abdolhossein Khosropanah and Dr. Behzad Valizadeh (Iran),
• Ali M. Elrghabi (Libya),
• Dr. Waseem Iftikhar Janjua and Tobacco Control Cell, Ministry of National Health Services (Pakistan),
• Professor Hatem Bouzaiene, Professor Radhouane Fakhfakh, and Dr. Mounira Masmoudi Nabli (Tunisia).
• European Region Awardees
• Comité National Contre le Tabagisme (France),
• Dr. Svetlana Nicolaescu (Moldova),
• Professor Florin Dumitru Mihălțan (Romania),
• Dr. Mónica García Gómez (Spain),
• Susann Koalick (Switzerland),
• Dr. Allen Gallagher (United Kingdom).
• South-East Asia Region Awardees
• Principal Health Secretary, Medical and Health Department, Jaipur, Rajasthan (India),
• Indian Council of Medical Research (ICMR) – National Institute of Cancer Prevention and Research (India),
• Department of Health Research, Ministry of Health and Family Welfare (India),
• People's Health Foundation (Myanmar),
• Acting Sub-Lieutenant Trakul Thotham (Thailand),
• Tobacco Control Research and Knowledge Management Center (Thailand).
• Western Pacific Region Awardees
• Touch Chanthy (Cambodia),
• Professor Chung-mau Lo (Hong Kong SAR, China),
• People's Government of Shenzhen Municipality (China),
• City Government of Baguio (Philippines),
• Department of Legislation, Ministry of Health (Vietnam),
• Health Policy and Strategy Institute (Vietnam),
• Poison Control Center, Bach Mai Hospital (Vietnam).

About World Health Organization (WHO)

• Established: 7 April 1948
• Headquarters: Geneva
• Parent Organization: United Nations
• Director-General: Tedros Adhanom Ghebreyesus

About World No Tobacco Day

• World No Tobacco Day: Observed annually on 31 May.
• Objective of World No Tobacco Day: Raise awareness about the harmful effects of tobacco use and encourage effective tobacco-control policies.

Indian Students Win the Earth Prize 2026 for Developing ‘Plas-Stick’ to Remove Microplastics from Water

• Indian teenagers Vivaan Chhawchharia, Ariana Agarwal, and Avyana Mehta won The Earth Prize 2026, becoming the first team from India to secure the global award.
• The students developed Plas-Stick, a biodegradable material made from tamarind seed powder that can effectively remove microplastics from contaminated water.
• The Earth Prize is an international competition that recognises innovative environmental solutions developed by young people.
• The global winners were selected through public voting, with nearly 23,000 votes cast worldwide among seven regional finalists.
• Plas-Stick is produced from tamarind seed powder, an agricultural by-product that is widely available in India.
• The innovation works by attracting and binding microplastic particles in water, causing them to form larger clumps that can be easily separated.
• The solution provides a low-cost, biodegradable, and environmentally friendly alternative to conventional water filtration methods.
• Unlike many traditional filtration systems, Plas-Stick does not require expensive infrastructure or harmful chemical additives.
• The project aims to provide an affordable water purification solution, particularly for rural and underserved communities with limited access to advanced filtration technologies.
• The use of discarded tamarind seeds promotes resource efficiency while addressing the growing challenge of water pollution.

Tamil Nadu Farmer Valluvan Recognised as United Nations Food and Agriculture Organization Soil Farmer Hero

• Valluvan, a 58-year-old farmer from Pollachi, Tamil Nadu, has been recognised as a United Nations Food and Agriculture Organization (FAO) Soil Farmer Hero for adopting sustainable agricultural practices.
• He transformed a loss-making coconut farm into a profitable multi-crop agroforestry enterprise, improving both income and soil health.
• Before 2009, Valluvan spent around ₹500 per coconut tree annually but earned only about ₹300, resulting in continuous losses.
• Inspired by the Cauvery Calling Initiative, he adopted tree-based agriculture and agroforestry practices as a sustainable farming model.
• Earlier cultivating only three crop varieties, he now grows more than 14 crops, including coconut, nutmeg, pepper, turmeric, elephant yam, curry leaves, and seven varieties of banana.
• Crop diversification created multiple income streams, reducing dependence on a single crop and improving resilience against market and climate-related risks.
• His annual income increased significantly from around ₹30,000 per acre to between ₹2.5 lakh and ₹3 lakh per acre.
• The diversified farming model provides financial stability, as income from different crops helps offset losses from any single crop.
• Soil health improved substantially, with soil organic carbon content increasing from 0.5% to 1.56% over seven years.
• Improved soil organic carbon enhances soil fertility, nutrient retention, water conservation, and crop productivity, while also contributing to climate change mitigation.
• Valluvan's success is closely associated with the Cauvery Calling Initiative, which promotes tree-based agriculture in the Cauvery River Basin.
• Since 2019, the initiative has facilitated the planting of approximately 13.4 crore trees on private farmlands across Tamil Nadu and Karnataka.
• The long-term goal of the initiative is to plant 242 crore trees to support river rejuvenation, ecological restoration, and sustainable agriculture.

About The Food and Agriculture Organization

• Headquartered in Rome, Italy
• Date of Formation: October 16, 1945
• The Director-General: Dr. QU Dongyu

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Air Marshal Tarun Chaudhry Takes Over as Air Officer Commanding-in-Chief of Central Air Command

• Air Marshal Tarun Chaudhry, AVSM, VSM assumed charge as the Air Officer Commanding-in-Chief (AOC-in-C), Central Air Command on 01 June 2026.
• He was commissioned into the Fighter stream of the Indian Air Force (IAF) in December 1989, marking over three decades of distinguished service.
• He is an alumnus of premier military institutions including National Defence Academy (NDA), Defence Services Staff College (DSSC), College of Air Warfare, and National Defence College (NDC).
• During his career, he has held key operational, staff, and diplomatic appointments, reflecting a wide-ranging professional experience in the IAF.
• He served as Defence Attaché at the Embassy of India in Sweden, with concurrent accreditation to Norway, Finland, and Denmark, strengthening India’s defence diplomacy.
• He has also served in important staff roles at Headquarters Integrated Defence Staff (HQ IDS) and Air Headquarters, focusing on projects, acquisition, and human resource management.
• The Air Marshal has played a major role in transformative capability enhancement projects and the induction of future technologies in the Indian Air Force.
• Prior to his current appointment, he served as the Senior Air Staff Officer, HQ Southern Air Command.
• He succeeds Air Marshal Balakrishnan Manikantan, PVSM, AVSM, VM, who superannuated on 31 May 2026 after 40 years of distinguished service.

Defence Secretary Rajesh Kumar Singh Gets Additional Charge as Defence Research and Development Organisation Chairman and Secretary (Defence R&D)

• Defence Secretary, Ministry of Defence (MoD) Rajesh Kumar Singh has been assigned the additional charge of Secretary, Department of Defence Research and Development (DDR&D) and Chairman of Defence Research and Development Organisation (DRDO), in addition to his existing responsibilities.
• He assumed the additional charge on 31 May 2026, after the completion of the tenure of Samir V. Kamat.
• He is a 1989-batch Indian Administrative Service (IAS) officer of the Kerala cadre.
• He earlier served as Officer on Special Duty (Defence Secretary-designate) on 20 August 2024, before formally becoming the Defence Secretary.
• He previously held the position of Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry (MoC&I) from April 2023 to August 2024.
• He also served as Secretary, Department of Animal Husbandry and Dairying under the Ministry of Fisheries, Animal Husbandry and Dairying (MoFAHD).

CURRENT AFFAIRS : DEFENCE NEWS

Raksha Mantri Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath Launch ‘Nausena Shaurya Vatika’ Naval Heritage Museum in Lucknow

• Raksha Mantri Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath jointly inaugurated ‘Nausena Shaurya Vatika’ in Lucknow, Uttar Pradesh on 30 May 2026.
• Nausena Shaurya Vatika is an Open-Air Display Museum dedicated to showcasing the valour, courage, and maritime heritage of the Indian Navy.
• The museum was constructed at a cost of ₹19 crore and spread across an area of more than two acres.
• The museum displays artifacts and weapon systems of INS Gomati, which was decommissioned on 29 May 2022 after 34 years of distinguished service.
• During the inauguration, Rajnath Singh highlighted that India's defence production increased from ₹46,000 crore in 2014 to over ₹1.51 lakh crore in 2026.
• He stated that India's defence production is expected to soon reach a new milestone of ₹1.75 lakh crore.
• He also noted that defence exports have risen from less than ₹1,000 crore in 2014 to approximately ₹40,000 crore at present.
• The Uttar Pradesh Defence Industrial Corridor was highlighted as a key contributor to strengthening India's indigenous defence manufacturing ecosystem.

Key Highlights :

Artifacts Displayed at Nausena Shaurya Vatika :

• The museum exhibits the AK-726 Naval Gun that was installed onboard a naval warship.
• Other exhibits include the ZIF-101 Launcher used for Surface-to-Air Missiles (SAMs).
• The display also features Surface-to-Surface Anti-Ship Missiles, Surface-to-Air Missiles, ship radars, torpedo launchers, anchors, ship masts, and several other naval artifacts.
• A major attraction is the Walkthrough Museum of TU-142M, the long-range maritime patrol aircraft that has now been retired from service.
• The facility was developed under Phase-II of Nausena Shaurya Sangrahalaya.
• Visitor amenities include a food court, souvenir shop, and an advanced lighting and sound system.

About INS Gomati

• INS Gomati was named after the Gomti River.
• It was commissioned on 16 April 1988 at Mazagon Dock Limited by the then Raksha Mantri.
• INS Gomati was the third ship of the Godavari-class guided-missile frigates of the Indian Navy.
• At the time of decommissioning, it was the oldest warship of the Western Fleet.
• The ship participated in several important operations, including Operation Cactus, Operation Parakram, and Operation Rainbow.
• INS Gomati also took part in numerous bilateral and multinational naval exercises.
• For its outstanding contribution to national maritime security, INS Gomati received the prestigious Unit Citation twice.
• The ship earned Unit Citations in 2007–08 and 2019–20.

Indian Air Force Carries Out Continuous Day-and-Night Aerial Firefighting Mission in Kasauli

• The Indian Air Force (IAF) received information about a forest fire near Kasauli, Himachal Pradesh, and immediately deployed a Cheetah helicopter to assess the situation.
• Following the assessment, Mi-17 V5 Medium Lift Helicopters were deployed under the Aid to Civil Authorities framework to combat the massive forest fire.
• The fire spread across nearly 10 hectares in the Kasauli Beat area of Solan district, Himachal Pradesh, threatening residential areas, critical civil infrastructure, and military establishments.
• The firefighting operation was conducted in close coordination with the State Administration, State Forest Department, Indian Army, and local authorities.
• The IAF helicopters carried out extensive Bambi Bucket operations to contain and extinguish the fire.
• Water for the operation was sourced from Sukhna Lake, Chandigarh, with each sortie carrying approximately 2,000–2,500 litres of water.
• The operation involved continuous day-and-night aerial firefighting missions, demonstrating the IAF’s rapid response and operational capability.
• More than 93,000 litres of water were dropped over the affected area, preventing the fire from escalating into a major disaster.
• In a historic first, the Indian Air Force successfully conducted Night Bambi Bucket Operations using Night Vision Goggles (NVGs).
• The night missions were executed in mountainous terrain under challenging visibility conditions, requiring exceptional flying skills, precision, and operational expertise.
• Despite the inherent risks of night-time firefighting, the missions were completed safely through the professionalism, courage, and dedication of the IAF aircrew.
• Ground personnel played a crucial role by ensuring rapid aircraft servicing and turnaround in extreme weather conditions, enabling uninterrupted round-the-clock firefighting operations.

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

Dr Jitendra Singh Highlights ANRF’s Role in Democratising Research Funding; Launches ₹200-Crore MAHA Water Mission for Startups in Water Sector

• The ₹200-crore ANRF–Ministry of Jal Shakti MAHA Water Mission was launched to strengthen innovation and startups in the water sector, under the leadership of Jitendra Singh and Shri C.R. Patil.
• The mission is implemented under the Anusandhan National Research Foundation (ANRF) to promote mission-driven scientific research and innovation in India.
• The initiative aims to democratise research funding, expanding access for startups, MSMEs, universities, and innovators, beyond elite institutions.

Key Highlights :

• Earlier, research funding was concentrated in a few institutions, but ANRF now ensures inclusive participation in national research ecosystems.
• ANRF has launched MAHA (Missions for Advancement in High-Impact Areas) in sectors such as Electric Vehicles, Drones, Medical Technologies, 6G, and Water.
• The MAHA Water Mission is designed to integrate science, technology, startups, industry, and government collaboration for solving water-related challenges.
• The mission aligns with the vision of Prime Minister Narendra Modi for using science and innovation for national development priorities.
• India’s startup ecosystem has grown significantly from 350–400 startups a decade ago to over 2 lakh startups, generating 20–24 lakh jobs.
• The mission supports end-to-end innovation, from research and development to validation and field deployment.
• The government’s Whole-of-Government approach is promoting inter-ministerial collaboration and innovation-led governance.
• India’s space economy, driven by reforms, has expanded to around USD 9 billion and is expected to reach USD 40–45 billion in the coming years.
• Space-based applications are supporting governance initiatives such as SVAMITVA and PM GatiShakti, contributing to resource mapping and infrastructure planning.
• A key highlight is the MoU between the Ministry of Jal Shakti and ISRO/Department of Space for using satellite and geospatial technologies in water management.
• The mission will use Earth observation, groundwater assessment, irrigation planning, and geospatial data systems for water resource optimization.
• The MAHA Water Mission will operate with a ₹200 crore outlay over five years, jointly funded by ANRF and Ministry of Jal Shakti.
• Selected projects may receive up to ₹20 crore funding per consortium for technology development, validation, and deployment.
• The mission focuses on five key themes: water resource management, drinking water, water quality, water use efficiency, circular economy, and climate resilience.
• It supports startups and MSMEs through an open call for proposals for product and prototype development.
• A Jal Sanchay Jan Bhagidari (JSJB-CTR) Portal and App was also launched to support citizen participation in water conservation.
• The mission encourages creation of scalable, sustainable, and localised water solutions for India’s long-term water security.
• The broader Research, Development and Innovation (RDI) framework will help transition innovations from labs to commercial applications.

Union Minister Dr. Jitendra Singh Launches Indigenous Plasma Enhanced Chemical Vapor Deposition Facility and Research Entrepreneurship for Translation, Innovation and NAvigation Innovation Hub at Indian Association for the Cultivation of Science, Kolkata

• Union Minister of State (Independent Charge) Jitendra Singh inaugurated two major initiatives – Plasma Enhanced Chemical Vapor Deposition (PECVD) System and Research Entrepreneurship for Translation, Innovation and NAvigation (RETINA) during the 150th anniversary celebrations of the Indian Association for the Cultivation of Science (IACS) in Kolkata, West Bengal.
• IACS is one of India’s most prestigious scientific institutions and holds historic importance as the birthplace of the Raman Effect.
• The Raman Effect was discovered by Sir C. V. Raman on 28 February 1928, a discovery that later earned him the Nobel Prize in Physics.
• The PECVD (Plasma Enhanced Chemical Vapor Deposition) System was developed indigenously at the IACS campus.
• The system is intended for the fabrication of India’s first amorphous silicon solar cell, representing a major achievement in indigenous renewable energy technology.
• The development of the PECVD system reflects the Government of India’s Atmanirbhar Bharat vision and commitment to scientific self-reliance.
• The project was developed under the leadership of Ashok Kumar Barua.
• The launch of the PECVD system marks an important advancement in renewable energy research, solar technology, and semiconductor fabrication in India.
• RETINA (Research Entrepreneurship for Translation, Innovation and NAvigation) was inaugurated as a new incubation centre at IACS.
• The RETINA incubation centre aims to support the commercialisation of scientific research, promote startup-driven innovation, and facilitate the translation of laboratory research into market-ready technologies.
• The initiative is expected to strengthen India's innovation ecosystem, encourage research entrepreneurship, and boost technology-based startups.

Tata Consultancy Services Partners with Sweden’s SKF in Multi-Million-Dollar Agreement to Drive Artificial Intelligence -Powered Manufacturing Transformation

• Tata Consultancy Services (TCS), India’s leading Multi-National Company (MNC), signed a multi-million-dollar agreement with Swedish industrial manufacturing company SKF.
• The agreement aims to implement a next-generation Enterprise Resource Planning (ERP) platform across SKF’s global operations.
• The collaboration will leverage Artificial Intelligence (AI) across Information Technology (IT) systems and business operations to improve efficiency and customer experience.
• A key objective of the partnership is to enhance customer experience, optimize operations, and support SKF’s long-term business growth.
• Under the strategic partnership, TCS will help SKF build a future-ready digital enterprise through the integration of centralized AI-enabled systems.
• The initiative is expected to accelerate the digital transformation of SKF’s industrial manufacturing business.
• As part of the agreement, TCS will provide end-to-end managed services for SKF's global operations.
• The services will cover applications (apps), infrastructure, data management, end-user services, security, and connectivity.

CURRENT AFFAIRS : ENVIRONMENT

4,000-Year Climate Reconstruction of World’s Largest Inhabited River Island Offers Climate Adaptation Insights

• A new scientific study has reconstructed nearly 4,000 years of climate and vegetation history of Majuli Island, the world’s largest inhabited river island, located in Assam.

Key Highlights :

• Majuli Island is culturally significant as a centre of Neo-Vaishnavite culture (a reformist Vaishnavism movement) and is also a key tribal settlement region.
• The study provides a long-term reconstruction of climate variability, vegetation change, and flood dynamics, offering insights for climate adaptation and disaster planning in flood-prone regions.
• Majuli is situated between the Brahmaputra River (south and east), Subansiri River (west), and a northern branch of the Brahmaputra, and is highly vulnerable to flooding and riverbank erosion.
• The region previously lacked a comprehensive palaeoecological reconstruction, which was addressed using pollen (palynological) and sediment-based analysis.
• The research was conducted by the Birbal Sahni Institute of Palaeosciences (BSIP) under the Department of Science and Technology (DST).
• Scientists collected a 150 cm deep sediment core from Sakali Wetland, Majuli Island, to analyse fossil pollen and grain-size data.
• The study used a multi-proxy approach (pollen + grain-size analysis) to reconstruct vegetation history and river dynamics for the first time in the region.
• Pollen analysis helped reconstruct past vegetation and climate conditions, while grain-size analysis revealed river energy, sediment transport, and flood intensity changes.
• The study reconstructs Mid–Late Holocene environmental changes, covering the period from around 4040 to 500 cal. yrs BP.
• Results show an early warm and humid phase (4040–2260 cal yrs BP) with dense forest cover, indicating resilience during the 4.2 ka climate event.
• This was followed by fluctuating monsoon intensity and flood regimes, including a moist phase during 1100–500 cal yrs BP, corresponding to the Medieval Climatic Anomaly.
• The last 500 years show declining temperature and rainfall, consistent with the Little Ice Age, along with increased human influence and vegetation change.
• Grain-size data indicates a shift from low-energy to high-energy fluvial conditions, reflecting increasing river instability and erosion.
• The study highlights strong links between climate variability, vegetation shifts, and Brahmaputra river dynamics.
• The findings help improve understanding of flood intensity, sediment transport, and erosion processes, crucial for river basin management and disaster mitigation.
• The research identifies phases of ecological resilience and vulnerability, supporting biodiversity conservation and wetland restoration strategies.
• The study was published in Review of Palaeobotany and Palynology (Elsevier).
• It provides the first integrated multi-proxy reconstruction of Majuli’s long-term environmental history, supporting climate adaptation and policy planning for flood-affected communities.

CURRENT AFFAIRS: MOUS AND AGREEMENT

India and Myanmar Strengthen Strategic Partnership During Myanmar President Min Aung Hlaing’s Visit

• Myanmar President Min Aung Hlaing visited India from 30 May to 3 June 2026, strengthening bilateral cooperation across multiple sectors.
• Prime Minister Narendra Modi and President Min Aung Hlaing reviewed bilateral, regional, and global issues of mutual interest.
• India reaffirmed Myanmar's importance under its Neighbourhood First Policy, Act East Policy, and MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions) Initiative.
• Both countries reiterated their commitment to deepening cooperation in trade, connectivity, security, education, and cultural exchanges.
• The leaders emphasized the timely completion of the Kaladan Multi-Modal Transit Transport Project and the India–Myanmar–Thailand Trilateral Highway.
• India and Myanmar agreed to enhance cooperation in trade, investment, agriculture, energy, petroleum, mining, pharmaceuticals, information technology, banking, logistics, and infrastructure development.
• The Rupee–Kyat Settlement Mechanism, operational since May 2024, was highlighted as a key initiative to facilitate bilateral trade in local currencies.
• India increased Mekong-Ganga Indian Council for Cultural Relations (ICCR) Scholarships for Myanmar students from 36 to 100 annually from 2026.
• Both countries reaffirmed their commitment to sovereignty, territorial integrity, border management, and regional security cooperation.
• India reiterated support for Myanmar-led efforts towards peace, stability, national reconciliation, and socio-economic development.

About Myanmar

• Capital: Naypyidaw
• Currency: Myanmar Kyat (MMK)
• President: Min Aung Hlaing

About Indian Council for Cultural Relations (ICCR)

• Established: April 9,1950
• Founder: Maulana Abul Kalam Azad
• Headquarters: New Delhi
• Ministry: Ministry of External Affairs
• Purpose: Promotes India's cultural diplomacy and strengthens cultural, educational, and academic relations with other countries.

CURRENT AFFAIRS: SPORTS NEWS

Satwiksairaj Rankireddy and Chirag Shetty Win Singapore Open 2026 Men’s Doubles Title

• Indian badminton pair Satwiksairaj Rankireddy and Chirag Shetty won the Singapore Open 2026 Men’s Doubles title, becoming the first Indian doubles pair to win the prestigious tournament.
• In the final, the Indian duo defeated Indonesia’s Fajar Alfian and Muhammad Shohibul Fikri, ranked World No. 3, in a thrilling 73-minute match.
• Final Score: Satwiksairaj Rankireddy/Chirag Shetty defeated Fajar Alfian/Muhammad Shohibul Fikri 18-21, 21-17, 21-16.
• After losing the opening game, the Indian pair staged a remarkable comeback by winning the next two games.
• The victory ended their two-year wait for a Badminton World Federation (BWF) World Tour title.
• Their previous BWF World Tour title came at the Thailand Open 2024.
• The Singapore Open triumph marked their ninth BWF World Tour title overall.
• The title ended a prolonged trophy drought despite several strong performances and final appearances since 2024.
• It was India's second BWF World Tour title of 2026.
• Earlier in 2026, Devika Sihag won the Thailand Masters Super 300 Women's Singles title.
• Other Indian players at the tournament exited in the quarter-finals, with P. V. Sindhu losing to An Se-young and Lakshya Sen losing to Koki Watanabe.

About Badminton World Federation (BWF)

• Founded: 1934 (as International Badminton Federation)
• Renamed as BWF: 2006
• Headquarters: Kuala Lumpur
• President: Khunying Patama Leeswadtrakul of Thailand

CURRENT AFFAIRS : OBITUARIES

Senior Congress Leader and Former Kerala MP K. P. Dhanapalan Passed Away at 76

• Senior Congress leader and former Member of Parliament P. Dhanapalan passed away at the age of 76 in Paravur, Ernakulam district, Kerala.

About K. P. Dhanapalan :

• He was born on 14 April 1950 in Ernakulam, Travancore-Cochin (present-day Kerala).
• He began his political journey through student politics with the Kerala Students Union (KSU) and rose to become a prominent leader in the Indian National Congress in central Kerala.
• His entry into electoral politics began in 1979 when he became a North Paravur Municipal Councillor.
• He served as the President of the Ernakulam District Congress Committee (DCC) and held important positions in the Kerala Pradesh Congress Committee (KPCC).
• He was also a member of the All India Congress Committee (AICC), contributing to national-level party organisation.
• In his parliamentary career, he was elected to the 15th Lok Sabha (2009) from the Chalakudy constituency and served as Member of Parliament till 2014.
• He also served as the Chairman of MILMA (Kerala Co-operative Milk Marketing Federation) and contributed to local governance and regional cooperative development.

CURRENT AFFAIRS: IMPORTANT DAYS

World Bicycle Day 2026 Observed on 3 June

• World Bicycle Day 2026 was observed across the globe on 3 June 2026 to recognize the bicycle as a simple, affordable, reliable, and sustainable mode of transportation.
• The day highlights the bicycle's contribution to health, education, environmental sustainability, and social inclusion.
• The movement for a dedicated World Bicycle Day was initiated by Leszek Sibilski, a sociology professor, cycling advocate, and physical education activist.
• In February 2015, Sibilski published a World Bank blog titled "Cycling Is Everyone’s Business", advocating the benefits of cycling.
• In February 2016, he published another World Bank blog titled "Why is there no world day for the bicycle?", calling for global recognition of bicycles.
• In March 2016, Sibilski presented the proposal for a World Bicycle Day at the Scientists for Cycling Colloquium held in Taipei, Taiwan.
• On 12 April 2018, the United Nations General Assembly (UNGA) officially designated 3 June as World Bicycle Day.
• The observance promotes the use of bicycles as an environment-friendly, accessible, and sustainable means of transport worldwide.
• The day also supports the achievement of Sustainable Development Goals (SDGs) related to health, sustainable cities, and climate action.

Daily CA One- Liner: June 3^rd

• Supreme Court Bench comprising Justice Manoj Misra and Justice Manmohan constituted a committee to prepare a Yamuna Action Plan
• India has provided emergency medical assistance to the Africa Centres for Disease Control and Prevention (Africa CDC) to support efforts against the ongoing Ebola outbreak in Africa
• President Droupadi Murmu conferred Padma Awards 2026 on 66 distinguished personalities during the First Civil Investiture Ceremony held at Rashtrapati Bhavan, New Delhi
• The World Health Organization (WHO) announced the World No Tobacco Day 2026 Awards, recognising individuals, government agencies, researchers, and organisations for outstanding contributions to tobacco control
• Indian teenagers Vivaan Chhawchharia, Ariana Agarwal, and Avyana Mehta won The Earth Prize 2026, becoming the first team from India to secure the global award
• Valluvan, a 58-year-old farmer from Pollachi, Tamil Nadu, has been recognised as a United Nations Food and Agriculture Organization (FAO) Soil Farmer Hero for adopting sustainable agricultural practices
• Myanmar President Min Aung Hlaing visited India from 30 May to 3 June 2026, strengthening bilateral cooperation across multiple sectors
• Indian badminton pair Satwiksairaj Rankireddy and Chirag Shetty won the Singapore Open 2026 Men’s Doubles title, becoming the first Indian doubles pair to win the prestigious tournament.
• West Bengal Gramin Bank (WBGB), one of India’s largest Regional Rural Banks (RRBs), partnered with Canara HSBC Life Insurance Company Limited to expand life insurance coverage across rural and semi-urban areas of West Bengal.
• Bajaj Finserv Limited (BFS), one of India’s leading diversified financial services companies, in partnership with Indian Institute of Technology Bombay, has launched a new initiative called “Bajaj Finserv Intelligence” in Mumbai, Maharashtra.
• Japanese financial institution Development Bank of Japan (DBJ) entered into a strategic partnership with HDFC Capital Advisors Limited to invest in affordable and mid-income housing projects in India.
• Air Marshal Tarun Chaudhry, AVSM, VSM assumed charge as the Air Officer Commanding-in-Chief (AOC-in-C), Central Air Command on 01 June 2026.
• Defence Secretary, Ministry of Defence (MoD) Rajesh Kumar Singh has been assigned the additional charge of Secretary, Department of Defence Research and Development (DDR&D) and Chairman of Defence Research and Development Organisation (DRDO), in addition to his existing responsibilities.
• Raksha Mantri Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath jointly inaugurated ‘Nausena Shaurya Vatika’ in Lucknow, Uttar Pradesh on 30 May 2026.
• The Indian Air Force (IAF) received information about a forest fire near Kasauli, Himachal Pradesh, and immediately deployed a Cheetah helicopter to assess the situation.
• The ₹200-crore ANRF–Ministry of Jal Shakti MAHA Water Mission was launched to strengthen innovation and startups in the water sector, under the leadership of Jitendra Singh and Shri C.R. Patil.
• Union Minister of State (Independent Charge) Jitendra Singh inaugurated two major initiatives – Plasma Enhanced Chemical Vapor Deposition (PECVD) System and Research Entrepreneurship for Translation, Innovation and NAvigation (RETINA) during the 150th anniversary celebrations of the Indian Association for the Cultivation of Science (IACS) in Kolkata, West Bengal.
• Tata Consultancy Services (TCS), India’s leading Multi-National Company (MNC), signed a multi-million-dollar agreement with Swedish industrial manufacturing company SKF.
• A new scientific study has reconstructed nearly 4,000 years of climate and vegetation history of Majuli Island, the world’s largest inhabited river island, located in Assam.
• Senior Congress leader and former Member of Parliament P. Dhanapalan passed away at the age of 76 in Paravur, Ernakulam district, Kerala.
• World Bicycle Day 2026 was observed across the globe on 3 June 2026 to recognize the bicycle as a simple, affordable, reliable, and sustainable mode of transportation