Dear Readers, Here we have given the list of Important Weekly Current Affairs of June 01st to 07th June 2023. Candidates those who are preparing for Upcoming SBI Clerk 2023 and other competitive exams can make use of it.

CURRENT AFFAIRS: IMPORTANT DAYS

• On June 1^st, World Milk Day 2023 is observed all over the world
• The Global Day of Parents is observed on the 1st of June every year
• 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
• On June 4th of this current year International Day of Innocent Children Victims of Aggression 2023 is observed all over the world as an awareness event
• On June 5th of this current year World Environment Day 2023 is observed all over the world.
• Every year on June 7th, World Food Safety Day is observed.

CURRENT AFFAIRS: NATIONAL NEWS

• Northeast's first Vande Bharat Express will connect Guwahati to New Jalpaiguri.
• The Government has decided to waive off Inter-State Transmission Charges (ISTS) for Off-Shore Wind Projects
• The National Level Steering Committee (NLSC) has decided to extend Atal Bhujal Yojana to additional two years. Its original end year was 2025
• India’s urban unemployment rate has fallen to 6.8% in Q4 of FY23
• Araku Coffee and Black Pepper received organic certification from APEDA
• The Directorate General of Civil Aviation (DGCA) has simplified the process for granting Heliport License
• A Foucault pendulum that rotates on its axis is suspended from the ceiling of the entrance hall of the Constitution Hall of India's new Parliament building, signifying the integration of the idea of India with the idea of the cosmos.
• The Union Government approved one lakh crore rupees for the world's largest grain storage scheme in the cooperative sector
• Electronics Repair Services Outsourcing (ERSO) Pilot initiative has been launched by the government
• India-EU Connectivity Conference is being organized by the Ministry of External Affairs, EU Delegation to India and the Asian Confluence on June 1 and 2
• The Tele-Law program under the Department of Justice, Ministry of Law and Justice has achieved a new milestone as it has empowered 40 lakh beneficiaries across the country with pre-litigation advice
• A fresh round of excavations has discovered shards of Painted Gray Ware pottery from 1200 BC to 600 BC
• Shri Hardeep S. Puri, Minister for Housing and Urban Affairs and Petroleum and Natural Gas complimented the Prime Minster Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme on its successful completion of 3 momentous years
• All India Institute of Medical Sciences (AIIMS) Nagpur has become the first of all AIIMS to receive National Accreditation Board for Hospitals(NABH) accreditation
• In order to strengthen defence cooperation between India and ASEAN (Association of South East Asian Nations), India would launch an initiative on "women in United Nations Peacekeeping (UNPK) operations
• The Union government proposes to sell up to 3% stake in state-owned coal India through an offer for sale
• The Union Cabinet authorised the City Investments to Innovate, Integrate, and Sustain (CITIIS) 2.0 programme, which would encourage circular economy in 18 smart cities chosen through a competition
• According to the latest annual data released by the labour bureau share of women workers in registered factories submitting annual returns working more than the statutorily-mandated maximum limit of 48 hours in a week increased to an 11-year high of 33.6 per cent in 2019
• The size of the government's flagship manufacturing sector support programme, the Production Linked Incentive (PLI) scheme, has touched Rs 2.05 lakh crore, against the initial commitment of Rs 1.97 lakh crores
• India has become a member of the Centralised Laboratory Network (CLN) for testing vaccines
• National Electricity Plan (NEP) (Volume-1 Generation) has been notified by Central Electricity Authority for the period 2022-32
• Union Cabinet approved the establishment of a Regional Office of the Universal Postal Union (UPU) in New Delhi
• Government has banned 14 fixed-dose drugs as they have been found to lack therapeutic justification and may pose risks to health
• Minister of State for External Affairs, V. Muraleedharan, underscored the deepening cooperation between India and the Maldives across multiple sectors
• Union Minister of State Kapil Patil, India's first carbon neutral Village is being developed in Bhiwandi Taluka of Thane district, Maharashtra
• The Ministry of Education announced the National Institutional Ranking Framework (NIRF) ranking for the year
• India is set to remain the United Arab Emirates (UAE) largest export destination by 2030, according to a new report by Standard Chartered
• The Government has announced that the New Cooperation Policy is expected to be unveiled next month, in July.
• Ministry of Coal and Coal PSUs have organized numerous programs to encourage employees and local communities to embrace sustainable and Eco-Friendly Lifestyles in line with the LiFE activities envisioned by the Prime Minister Shri Narendra Modi
• Union Minister for Road Transport and Highways Shri Nitin Gadkari inaugurated the 4-Lane Section between Nagaon Bypass-Teliagaon, and Teliagaon-Rangagara and laid the foundation for Mangaldai Bypass and the 4-lane section between Daboka-Parakhuwa in Assam, in the presence of Chief Minister Shri Himanta Biswa Sarma , MP Shri Dilip Saikia , MP Shri Pradyut Bordoloi , and State Minister of Forest & Environment Shri Chandra Mohan Patowary through video conferencing
• The Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal flagged off the maiden International Cruise Vessel - MV Empress, India’s first international cruise vessel - from Chennai to Sri Lanka in Chennai
• Postgraduate Institute of Medical Education and Research (PGIMER), Chandigarh, has been ranked the second best medical institute in the National Institute Ranking Framework (NIRF) Rankings, 2023, by the Ministry of Human Resource Development
• The Indian Agricultural Research Institute, popularly known as the Pusa Institute and the harbinger of Green Revolution, scales to the pinnacle of the crest of the ranking by the National Institutional Ranking Framework (NIRF) for the year 2023 under the category of Agriculture and Allied sectors.

CURRENT AFFAIRS: INTERNATIONAL NEWS

• Nepal decided to allow India's Satluj Jal Vidyut Nigam (SJVN) Limited to develop a second hydropower project in the country.

• The Ministry of External Affairs (MEA) announced that India will host the annual summit of the Shanghai Cooperation Organisation (SCO) in the virtual format on July 4, 2023.
• King of Cambodia, Norodom Sihamoni, is on his maiden State visit to India from the 29th to 31st of May, 2023.

• Iraq’s prime minister Mr Mohammed Shia al-Sudani announced plans for a $17 billion regional transportation project intended to facilitate the flow of goods from Asia to Europe.
• India has joined the Centralized Laboratory Network (CLN) which currently has 15 partner facilities in 13 countries that works to test vaccines which can be used during pandemic, epidemic disease outbreak.
• The United Arab Emirates (UAE) has won the bid to host the 2025 World Conservation Congress (WCC) of the International Union for Conservation of Nature (IUCN).

CURRENT AFFAIRS: STATE NEWS

• Odisha Chief Minister (CM) Shri Naveen Patnaik announced the launch of the ‘Mo Ghara’ (My House) a credit-linked housing scheme to provide financial assistance to people of states for completing or upgrading their houses.
• Haryana Chief Minister (CM) Shri Manohar Lal launched the community policing outreach programme Haryana Uday from the Gurugram district of the state, another innovative initiative towards public welfare.
• The Telangana government headed by the Chief Minister Shri K.Chandrasekhar Rao has announced that at least one de-addiction centre would be established, in all 33 districts (one each).

• The Maharashtra government has approved a new financial scheme Namo Shetkari Mahasanman Yojana under which more than one crore farmers in the state will be paid 6,000 rupees annually.
• The Uttar Pradesh (UP) government stated that it provided protection to 11,57,204 destitute cattle by spending a total of ₹1,681.61 crore under the Mukhyamantri Nirasrit Govansh Sahbhagita Yojana.
• Odisha Chief Minister (CM) Shri Naveen Patnaik launched 'Odisha for Artificial Intelligence' (AI) and 'Artificial Intelligence (AI) for Youth' initiatives.
• The Girijan Co-operative Corporation (GCC), Visakhapatnam, Andhra Pradesh (AP), has been granted organic certification for its renowned Araku coffee and black pepper crops by the Agriculture and Processed Food Products Export Development Authority (APEDA) of the Ministry of Commerce and Industry (MoCI).

• In order to empower women in the tourism sector, the Maharashtra Cabinet approved the implementation of the Gender Inclusive Tourism Policy called 'Aai'under the 'Ajadi Ka Amrit Mahotsav'.
• The Uttar Pradesh (UP) government launched a 15-day registration campaign for Micro, Small and Medium Entreprises (MSMEs) in all 75 districts across UP.
• Kashmiri Pandits celebrated the annual “Kheer Bhawani Mela” in Ganderbal, Jammu & Kashmir (J&K).
• A fresh round of excavations at the site of Delhi’s Purana Qila or Old Fort has uncovered evidence of the continuous history of Delhi since the pre-Mauryan era.
• Banas District Cooperative Milk Producers’ Union (Banas Dairy) has inaugurated Gujarat’s 1st honey testing laboratory at Banas Dairy complex at Badarpura near Palanpur in North Gujarat.
• Kerala-based Non Banking Financial Company (NBFC), Manappuram Finance Ltd has launched a new digital lending platform named Ma-Money.
• Kerala Chief Minister (CM) Shri Pinarayi Vijayan launched the Kerala Fibre Optic Network (KFON) project at Shankaranarayanan Thambi Hall of the State Legislative Assembly, Kerala.
• Union Minister Shri Jitendra Singh inaugurated the two-day "Lavender Festival" in Jammu and Kashmir's (J&K) Bhaderwah Valley & Bhaderwah has emerged as the lavender capital of India and a prominent agri-startup destination.

CURRENT AFFAIRS: BUSINESS NEWS

• JSW Steel’s “Automotive Steel” products have received GreenPro ecolabel
• Nvidia Corp breached the $1 trillion in market capitalization, making it the first chipmaker to join the trillion-dollar club

CURRENT AFFAIRS: BANKING AND ECONOMY

• The Reserve Bank of India (RBI) became a net seller of US dollars in fiscal year 2023, after being a net purchaser for three consecutive years.
• YES Bank unveiled its new logo as part of its “refreshed brand identity”, and expects to roll it out across its branch network over the next three months.
• Razorpay has launched India's fastest one-step UPI (unified payments interface) payment solution, ‘Turbo UPI’ that allows customers of online merchants to make UPI payments directly without getting redirected to a third-party UPI app during checkout.
• Tata Consultancy Services (TCS) announced that Ikano Bank AB in Sweden has selected the TCS BaNCS Global Banking SaaS Platform for its pan-Europe core banking transformation.
• Draft valuation rules for overseas investments into startups under the ‘angel tax’ regime have been announced & the rules have been issued by the Central Board of Direct Taxes (CBDT).
• Yubi, an online debt marketplace that connects borrowers and lenders for various credit products, announced its partnership with Indian Bank to extend digital supply chain financing solutions to small and medium-sized businesses (SMEs).
• Bank of Maharashtra (BoM) has emerged as the best bank as far as management of bad loans is concerned with its net non-performing assets (NPAs) falling as low as 0.25% during the financial year ended March 2023.
• According to the RBI’s annual report 2022-23, India’s Gross Domestic Product (GDP) growth for 2023-24 is projected at 6.5% for FY24 amid softer global commodity and food prices, and good rabi crop prospects, among others

• The Reserve Bank of India (RBI) has reported a 14.4% increase in the number of counterfeit Rs 500 notes (new design) during the year 2022-23.

• The country's largest public sector lender State Bank of India (SBI), raised USD 750 million under its USD 10 billion Global Medium Note programme to fund its overseas business growth.
• The National Statistical Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI), released the Provisional Estimates (PE) of National Income for the fiscal year 2022-23, along with the Quarterly Estimates of Gross Domestic Product (GDP) for the period of January to March 2022-23 (Q4 2022-23), as per the data the growth rate for real GDP during 2022-23 is estimated at 7.2%, marking a decrease from the 9.1% growth observed in 2021-22.
• Equitas Small Finance Bank Limited (SFB) has signed an agreement with IBM Consulting to design and build a digital banking platform that delivers a modern and highly secure experience to the bank’s customers and partners.
• The market regulator Securities and Exchange Board of India (SEBI) has cancelled the registration of brokerage firm Karvy Stock Broking Ltd (KSBL) for mis-utilising clients' funds and securities.
• Kiwi, a ground-breaking credit card platform, has launched its all-inclusive "Credit on Unified Payments Interface (UPI)" customer solution.
• The fiscal deficit of the government decreased from 6.71% of Gross Domestic Product (GDP) to 6.4% of GDP in 2022–23.
• Dairy technology provider Stellapps’ fintech arm mooPay Private Limited, in partnership with IBISA Network, HDFC ERGO and Gramcover, has launched a unique heat Index-based insurance plan for
• Reserve Bank Innovation Hub (RBIH) has joined hands with Indian Institute of Technology Madras Research Park (IITMRP) and IIT Madras Incubation Cell (IITMIC) to introduce voice-banking solutions to eliminate language barriers across India.
• Bajaj Allianz Life, one of India’s leading private life insurers, has launched an exclusive term insurance plan for Type 2 diabetic and pre-diabetic individuals called Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c.
• Karbon Card, a B2B (Business to Business) payment solution provider, has launched India’s 1st mobile-based expense management card called Card++.
• Capital market regulator Securities and Exchange Board of India (SEBI) has proposed to halve the time taken for the listing shares on stock exchanges after the closure of the initial public offer (IPO) to 3 days from 6 days.
• The Asian Development Bank (ADB) has launched its India Country Partnership Strategy (CPS) 2023-2027: Catalyse Robust, climate-resilient, and inclusive growth to accelerate structural transformation and job creation, promoting climate-resilient growth, and deepening social and economic inclusiveness.
• State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2022-23.
• Conversational engagement platform Gupshup has introduced UPI payments for people using feature phones via a native app called GSPay.
• The Rural Development Ministry has informed that about 88 per cent of the wage payment has been made through Aadhaar Based Payment Bridge System (ABPS) till May this year.
• Reserve Bank of India (RBI) Governor Shaktikanta Das, launched a Financial Inclusion Dashboard - ANTARDRIHSTI.
• The State Bank of India (SBI), Bengaluru (Karnataka) Circle has launched Project Kuber, under which there are 4 Transaction Banking Hubs, and 1 Corporate Salary Package Hub, in the city to source, facilitate, and cater to the various banking needs of customers.
• The Insurance Regulatory and Development Authority of India (IRDAI) has identified SBI Life Insurance Company Limited (SBI Life) as the acquirer-insurer of the business of the beleaguered Sahara India Life Insurance Co. (SILIC).
• Kotak Mahindra Bank (KMBL) in partnership with Myntra has launched its first-of-its-kind co-branded digital fashion & lifestyle credit card namely the Kotak Myntra credit card.
• The Reserve Bank of India (RBI) became a net seller of US dollars in fiscal year 2023, after being a net purchaser for 3 consecutive years.

CURRENT AFFAIRS: AWARDS AND HONOURS

• 76th edition of the Cannes Film Festival concluded
• Hrithik Roshan won Best Actor in a Leading Role (male) award at the International Indian Film Academy Awards (IIFA) 2023 held in Abu Dhabi
• RINL received the "GreenTech Safety Award 2023" under the safety Excellence Category.
• Goa state governor P S Sreedharan Pillai honoured Goan writer Damodar Maujo with the 57th Jnanpith Award, the country's highest literary honour

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

• The Appointments Committee of the Cabinet (ACC) has approved the appointment of Ashwani Kumar, Executive Director, Indian Bank as Managing Director (MD) and Chief Executive Officer (CEO) of UCO Bank for a period of three years.

• The government has appointed Ajay Yadav, a 2005 batch Indian Administrative Service (IAS) officer of the Bihar cadre as the Managing Director (MD) of Solar Energy Corporation of India Ltd. (SECI).
• Krithivasan, took charge as the new Managing Director (MD) & Chief Executive Officer (CEO) of the Indian Information Technology (IT) services company, Tata Consultancy Services (TCS).
• The board of directors of ICICI Bank have approved the reappointment of Sandeep Batra as Executive Director (ED) of the Bank for a period of 2 years with effect from Dec 23, 2023 to Dec 22, 2025.
• The government has extended the tenure of Atul Verma as the Director General of the Competition Commission of India (CCI) for 3 months.
• Amarendu Prakash has taken charge as the new Chairman and Managing Director of Steel Authority of India Ltd (SAIL)
• P Upadhyay assumed charge as Director General of Naval Armament (DGONA) on June 1, 2023, and replaced KSC lyer, who superannuated on 31 May 2023.
• Recep Tayyip Erdogan was re-elected as the President of Turkey for third consecutive time.
• Cricket icon Sachin Tendulkar has been appointed as the ‘Smile Ambassador’ for the Maharashtra government’s oral hygiene campaign titled ‘Swachh Mukh Abhiyaan.
• National Thermal Power Corporation (NTPC) Limited Chairman & Managing Director (CMD) Gurdeep Singh has been given additional charge of the CMD of North Eastern Electric Power Corporation Limited (NEEPCO) for a period of 3 months.

CURRENT AFFAIRS: RANKING AND REPORTS

• The Joint Malnutrition Estimates (JME) report has been released by UNICEF, WHO and the World Bank

CURRENT AFFAIRS: MOUS AND AGREEMENT

• Tamil Nadu and Japanese companies signed six MoUs to bring an investment of ₹9 crores in the State
• NTPC Green Energy Limited (NGEL) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) signed a memorandum of Understanding (MoU) in Lucknow with an aim to collaborate in the development of Renewable Energy Parks and Projects and to facilitate in Government of India’s efforts towards energy transition
• NHPC Limited (A Govt. of India Enterprise) and Vidhyut Utpadan Company Limited (VUCL), Nepal signed an MoU (Memorandum of Understanding) in New Delhi for the development of Phukot Karnali Hydro Electric Project (480MW) in Nepal
• Soon personnel from government ministries, departments, agencies and public sector units will be able to book taxis for official purposes from cab aggregator Uber as the company has partnered with public procurement portal GeM to provide the service.

CURRENT AFFAIRS: DEFENCE NEWS

• The Indian Navy achieved a unique feat after an MH-60 ‘Romeo’ multi-mission helicopter landed on the indigenously-built aircraft carrier INS Vikrant.
• An Indian Navy MiG-29K fighter jet landed on the indigenous aircraft carrier Indian Naval Ship (INS) Vikrant for the first time at night, an important step towards the warship becoming fully operational along with its air wing by the year-end.
• A successful training launch of a Medium-Range Ballistic Missile, Agni-1 was carried out by the Strategic Forces Command (SFC) from APJ Abdul Kalam Island, Odisha.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

• North Korea’s attempt to put its first spy satellite Malligyong-1 satellite into space failed in a setback to leader Kim Jong Un’s push to boost his military capabilities as tensions with the United States and South Korea rise.

• An international team of scientists led by Professor Abhijit Chakraborty of the Physical Research Laboratory (PRL) in Ahmedabad, Gujarat has discovered an alien planet, which is 13 times bigger in size than Jupiter.
• SpaceX (Space Exploration Technologies Corporation) has launched Falcon 9 rocket topped with the 52 Starlink spacecraft lifted off from California's Vandenberg Space Force Base, United States of America (USA).
• The Indian Institute of Technology (IIT) Madras will set up its first International campus in Zanzibar, Tanzania.
• SpaceX's Falcon 9 rocket successfully launched 22 second-generation Starlink satellites, also known as 'V2 Mini' to low-Earth orbit (LEO) from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida, United States of America (USA).

CURRENT AFFAIRS: SPORTS NEWS

• Chennai Super Kings won their 5th IPL title by defeating defending champions Gujarat Titans by 5 wickets at the Narendra Modi Stadium in Ahmedabad
• India has won the NSC-CAVA Women’s Volleyball Challenge Cup title
• Tamil Nadu will be hosting Khelo India Games
• HS Prannoy won the men’s singles at the $420,000 Malaysia Masters his first individual title in six years made him the 10th different champion in as many BWF World Tour tournaments this year
• Max Verstappen won the Monaco GP, acing the challenging conditions as a rain shower hit the track in the closing stages
• Top Indian sprinter Amlan Borgohain bagged two gold medals, one each in the men's 100 and 200-meter races at the Flanders Cup 2023 athletics meet, known as the International Antwerp Athletics Gala, in Merksem, Belgium
• Indian shooters Abhinav Shaw and Gautami Bhanot have given India their second gold at the ISSF World Cup Junior after winning the final of 10 meter Air Rifle Mixed Team event in Suhl, Germany
• India started their 2023 Asian Under 20 Athletics Championships campaign by winning three medals, including two gold, on the opening day in Yecheon, South Korea
• Indian grapplers have signed off with three medals in the UWW Ranking Series event in Bishkek, with Manisha grabbing Gold, Reetika finishing second-best and Sarita Mor getting her hand so on the Bronze Improvising with the small sized-draws, Manisha bagged Gold in the 65 kg weight category, while India's tally in the series is four medals including 1 gold, 1 silver, and 2 bronze.
• Dhanush Srikanth has won the Men's 10 metre Air Rifle on Day 3 of the ongoing International Shooting Sport Federation (ISSF) World Cup Junior, giving India their third gold of the competition so far
• India showcased its dominance on the second day of the Under 20 Asian Athletics Championships in Yecheon, South Korea

CURRENT AFFAIRS: BOOKS AND AUTHORS

• Justice Sudarshan Reddy released a book titled ‘A Political Biography NTR’
• BJP President Jagat Prakash Nadda released a book titled ‘Amrutkaal ki Ore’ in New Delhi based on nine Years’ Achievements of the Narendra Modi Government

CURRENT AFFAIRS: OBITUARIES

• Eminent scholar, linguist, academician and writer Vellayani Arjunan passed away at the age of 90 in Thiruvananthapuram, Kerala.

• The renowned industrialist and philanthropist Karumuttu T Kannan has passed away at the age of 70.
• The Congress’ lone Lok Sabha member from Maharashtra, Suresh alias Balubhau Dhanorkar passed away at the age of 47 in New Delhi, Delhi.
• Sanskrit scholar Ved Kumari Ghai passed away in Jammu & Kashmir (J&K).
• A noted theatre actor and director, Amir Raza Husain has passed away at the age of 66.
• Renowned Hindi & Marathi film Actress Sulochana Latkar passed away at the age of 94 in Mumbai, Maharashtra.
• Renowned environmental activist and former Indian Forest Service (IFS) officer Manoj Misra passed away at the age of 68 in Bhopal, Madhya Pradesh (MP).
• Tonga’s Princess Mele Siu’ilikutapu Kalaniuvalu Fotofili has passed away at the age of 75.