Dear Readers, Here we have given the list of Important Weekly Current Affairs of June 08th to 14th June 2024. Candidates those who are preparing for Upcoming SBIClerk 2024 and other competitive exams can make use of it.

Weekly Current Affairs June 08th to 14th PDF Download

CURRENT AFFAIRS: IMPORTANT DAYS

• Every year on June 8th, World Brain Tumor Day is commemorated.
• Every year on June 8th, World Ocean Day is commemorated to raise awareness of the ocean's vital role in human life and ways to conserve it across the world
• World Day Against Child Labour 2024 is observed all over the world on June 12th as an awareness event to protect children against labour
• Russia Day is a national holiday in Russia observed every year on June 12.
• International Albinism Awareness Day is observed on 13 June every year to raise awareness about albinism, a rare, genetically inherited condition that causes a lack of pigmentation in the skin, resulting in uncharacteristically light hair, skin, and eyes.
• Every year, World Blood Donor Day is observed on June 14.

CURRENT AFFAIRS: NATIONAL NEWS

• The Ministry of Coal has unveiled a report detailing the strides made by Coal and Lignite Public Sector Undertakings (PSUs) in land restoration and sustainability
• The Department of Telecommunications has launched a comprehensive survey aimed at understanding and resolving the challenges encountered by Micro, Small, and Medium Enterprises (MSMEs) in adopting new technologies
• NHAI has invited expressions of interest (EoIs) from around the world for the implementation of GNSS-based electronic toll collection (ETC) on National Highways
• The Election Commission reported an overall voter turnout of 65.79 percent in the General Elections 2024 at the polling stations
• The National Human Rights Commission (NHRC) has issued a notice to Uttar Pradesh, Madhya Pradesh, Rajasthan, and Gujarat following a 2020 case where a father sold his daughter for 2.5 lakhs. The girl was later found dead
• Prime Minister Shri Narendra Modi took the oath of office for an unprecedented third consecutive term as the head of a coalition government.
• The Indian tripartite delegation, led by Secretary (Labour & Employment), Sumita Dawra, actively participated in the 112th session of the International Labour Conference (ILC) of the International Labour Organisation (ILO) in Geneva, Switzerland.
• Having secured the numbers to form the government, the National Democratic Alliance (NDA), spearheaded by Prime Minister Narendra Modi, administered the oath of office
• The construction of 30 million houses in both rural and urban areas under the Pradhan Mantri Awas Yojana (PMAY) is likely to cost the Central exchequer about Rs 4 trillion, while the state governments will have to spend another Rs 2.5 trillion, according to official sources.
• The mythological city of Joshimath in Uttarakhand has been officially renamed Jyotirmath.
• The Ministry of New & Renewable Energy (MNRE), in collaboration with the Indian Renewable Energy Development Agency (IREDA), organized a pre-event conference for Global Wind Day at the Welcome Hotel in Bhubaneswar.
• BrahMos commemorated the 23rd anniversary of its first successful test launch, a groundbreaking moment in the history of defence technology.
• The government announced that it will initiate the 21st livestock census from September to December 2024, utilizing mobile technology for the first time to gather detailed data on a wide range of animal species across the country.

CURRENT AFFAIRS: INTERNATIONAL NEWS

• South Korea, India, the United States, Japan, and the European Union (EU) have collaborated to establish an alliance aimed at creating a resilient supply chain in the biopharmaceutical sector.
• The Australian Federal Budget Document has announced the implementation date for the Mobility Arrangement for Talented Early-professionals Scheme (MATES) for Indian Nationals.
• The World Health Organization (WHO) unveiled its inaugural Patient Safety Rights Charter at the Global Ministerial Summit on Patient Safety.
• Malawi's Vice President Saulos Chilima and 9 others were killed in a plane crash.
• The G7 summit will take place at the luxury resort of Borgo Egnazia in Italy's Apulia region from June 13 to 15.
• India may be finalising a Free Trade Agreement (FTA) with Oman within the first 100 days of Prime Minister Narendra Modi’s third term, according to a report.

CURRENT AFFAIRS: STATE NEWS

• Bihar's Nagi and Nakti bird sanctuaries have been added to the global list of wetlands of international importance under the Ramsar Convention.
• The Himachal Pradesh (HP) government, under Chief Minister Thakur Sukhvinder Singh Sukhu, has significantly raised the prize money for medal winners in various international sporting events.
• The Rajasthan State government, following the BJP's poor performance in the Lok Sabha election, announced a ₹2,000 increase in the annual honorarium paid to farmers under the Union government’s Kisan Samman Nidhi.
• A new tiger reserve is set to be established in Uttar Pradesh (UP) following the discovery of a tiger population in the Suhelwa Wildlife Sanctuary (SWS), covering Balrampur, Shravasti, and Gonda districts.

CURRENT AFFAIRS: BUSINESS NEWS

• The outstanding amount for Central Bank Digital Currency (CBDC) in the wholesale segment crashed while its usage in the retail segment climbed 39 times in the past year.
• The National Stock Exchange of India, the country's largest stock exchange and the world's largest derivatives exchange, made history by registering the highest-ever transactions in a single day.
• Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group, has been recognized as a Top Performer in the 10th Edition of Kiwa PVEL's PV Module Reliability Scorecard
• The renowned beverage giant, Coca-Cola is set to bolster its manufacturing capacity with a new greenfield plant in Telangana's Peddapalli district
• Mahanadi Coalfields Limited (MCL) launched the "Aarogya" initiative, a significant Corporate Social Responsibility (CSR) endeavour aimed at enhancing healthcare facilities in Odisha
• The market watchdog Securities and Exchange Board of India (SEBI) has come up with a consultation paper for reviewing the eligibility criteria of stocks that can be included in the futures and options (F&O) segment.
• The State Bank of India (SBI) has established co-lending tie-ups with 23 non-banking finance companies (NBFCs) and housing finance companies (HFCs) to expand its outreach to the unserved and under-served populations.
• SBI Mutual Fund, India's largest asset management company (AMC) based on assets under management (AUM), has become the 1st mutual fund house in the country to surpass Rs 10 lakh crore in Average Assets Under Management (AAUM).
• Inflows into equity schemes of mutual funds surged by 83% to ₹34,697 crore in the last month, up from ₹18,917 crore in April.
• India is expected to sustain a potential growth rate of 6.5 percent -7 percent year-on-year (Y-o-Y) between 2025-26 and 2029-30, UBS Securities.
• Recently, the GSAP SKILLS Platform was launched at the 4th meeting of the Subsidiary Body on Implementation, Convention on Biological Diversity.
• The World Bank retained its growth forecast for India at 6 percent for FY25.
• A General Assembly meeting of the United Nations (U.N.) has announced that 2025 will be theInternational Year of Quantum Science and Technology.
• Ola Electric has received approval from the markets regulator Securities and Exchange Board of India (SEBI) for its initial public offering (IPO) of Rs. 5,500 crore.
• E-commerce platform Snapdeal has signed a Memorandum of Understanding (MOU) with Digital India Bhashini, an Independent Business Division established by Ministry of Electronics and Information Technology (MeitY) within  Digital India Corporation (DIC) to address the diverse linguistic landscape of India, the company stated.
• The pharmaceutical sector in India is expected to reach $65 billion by 2024, and $130 billion by 2030.
• The Gautam Adani-group stepped up its presence in the defence segment by joining hands with Edge Group, one of the world’s leading advanced technology and defence group.
• India’s technology spending this year is estimated to grow by 8 percent – the highest in Asia Pacific (APAC),
• Insurtech startup Kenko Health is on the verge of shutting its operationsdue to an ongoing shareholder battle within the company, according to public.
• National Bank for Agriculture and Rural Development (Nabard) is planning to raise up to Rs 30,000 crore through bonds in the current financial year (FY25) to support lending operations, according to rating agency
• Amazon Web Services (AWS) announced it will launch an AWS infrastructure Region in Taiwan by early 2025.
• India's consumer price inflation eased to a 12-month low of 4.75 per cent in May, compared to the same month of the previous year as declining fuel and cooking oil prices helped to bring down the burden on household budgets, figures released by the Ministry of Statistics.
• The Index of Industrial Production (IIP) in India slowed to 5 per cent in April, a three-month low, as against 5.4 per cent in March, revealed the data provided by the Ministry of Statistics and Programme Implementation (MoSPI).

CURRENT AFFAIRS: BANKING AND ECONOMY

• The RBI Governor Shaktikanta Das, headed the 6-member Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 5% for the 8th consecutive time by a 4:2 majority.
• The Reserve Bank of India (RBI) has increased the number of penalties on financial institutions by 88% over the past 3 years (from 2021 to January, 2024).
• The Reserve Bank of India (RBI) may allow Security Receipts (SR) holders to change the trusteeship of Asset Reconstruction Companies (ARCs).
• Muthoot Microfin Limited has entered into a partnership with State Bank of India (SBI) for co-lending to members of joint liability groups (JLGs) engaged in agricultural and allied activities as well as other income-generating enterprises.
• The Insolvency and Bankruptcy Board of India (IBBI) has issued a new set of guidelines to streamline the process for appointing insolvency professionals (IPs) as interim resolution professionals, liquidators, and bankruptcy trustees.
• Fintech firm PhonePe has partnered with ride-hailing platform PickMe to facilitate Unified Payments Interface (UPI)-based payments for Indian travellers in Sri Lanka.
• According to the Reserve Bank of India’s (RBI) annual report, nearly four out of five digital payments in the country were conducted on the Unified Payments Interface (UPI) in the financial year 2024 (FY24).
• The Securities and Exchange Board of India (SEBI) has been awarded the 'Best Conduct of Business Regulator' in the Asia Pacific region by The Asian Banker.
• The Securities and Exchange Board of India (SEBI) came out with a framework on “financial disincentives” for market infrastructure institutions that would impose a penalty ranging from ₹1 lakh to ₹1 crore for each instance of surveillance lapse during the financial year.
• The Reserve Bank of India (RBI) hiked the threshold for bulk fixed deposits to Rs 3 crore from existing Rs 2 crore.
• While changing dynamics of international trade, the Reserve Bank of India (RBI) is planning to rationalise the Guidelines for Export and Import of Goods and Services under Foreign Exchange Management Act (FEMA), 1999.
• Securities and Exchange Board of India (SEBI) has issued an administrative warning to ICICI Bank regarding its outreach efforts related to the delisting of ICICI Securities (I-Sec) equity shares.
• Sundaram Mutual has launched a new fund offer (NFO), Sundaram Business Cycle Fund, an open-ended equity scheme following a business cycles-based investing theme.
• Micro, Small and Medium Enterprises (MSME) focused non-banking financial company Ashv Finance, a part of the Aavishkaar Group, has entered into a co-lending agreement with HDFC Bank to offer unsecured business loans to micro and small enterprises (MSEs).
• The Reserve Bank of India (RBI) has amended the Foreign Exchange Management (Overseas Investment) Directions, 2022, facilitating investments in overseas funds.
• State-owned Punjab National Bank (PNB) plans to open a representative office in Dubai, as part of its plan to expand its global footprint.
• The Reserve Bank of India (RBI) has proposed a facility to promote small-value digital payments by allowing customers to automatically replenish their UPI Lite wallets.
• The Reserve Bank of India (RBI) announced creation of a dedicated platform to address digital payment frauds in India.
• The Reserve Bank of India (RBI) is organising its 3rd global hackathon – ‘HaRBInger 2024 – Innovation for Transformation’.
• State Bank of India (SBI) has launched 'SME Digital Business Loans' to cater to small and medium enterprises (SMEs).
• The Export-Import Bank of India (Exim Bank) has provided a Government of India-supported Line of Credit (LoC) of USD 23.37 million to the Government of the Co-operative Republic of Guyana (GO-GUY).
• Union Bank of India's board of directors, in a meeting held on June 11, 2024, approved a proposal to raise funds amounting to Rs 10,000 crore.
• India's largest asset management company (AMC) based on assets under management (AUM), SBI Mutual Fund has increased its stake in Kotak Mahindra Bank to over 5%.
• The Union Finance Ministry has recommended capping arbitration clauses in government contracts to disputes involving amounts less than ₹10 crore.
• Export-Import Bank of India (India Exim Bank) has inaugurated its East Africa Representative Office in Nairobi.
• The Financial Intelligence Unit (FIU) has imposed a fine of over Rs 1.66 crore on Axis Bank for its failure to detect and report suspicious transactions related to a fraudulent account created in the name of the National Security Guard (NSG).
• Securities and Exchange Board of India (SEBI) restrained PTC India Financial Services Limited's (PFS) acting chairman Rajib Kumar Mishra from holding the director's post in any listed firm for 6 months and imposed a penalty of Rs 10 lakh on him for corporate governance lapses.
• Tiger Global and Peak XV Partners-backed neobanking startup Jupiter has secured a prepaid payments instrument licence from the Reserve Bank of India (RBI).

CURRENT AFFAIRS: AWARDS AND HONOURS

• Vellayan Subbiah, Executive Vice-Chairman of Tube Investments of India (TII) and Chairman of Cholamandalam (Chola) Investment and Finance Co. Ltd., was named the EY World Entrepreneur Of The Year 2024
• Tata Consultancy Services (TCS) has launched TCS WisdomNext, a platform that consolidates multiple generative artificial intelligence (GenAI) services into a single interface.
• The short film "Mehroon" secured two prestigious awards at the KASHISH International Film Festival in Mumbai

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

• PNB MetLife India Insurance has appointed Sameer Bansal as the Managing Director (MD) and Chief Executive Officer (CEO) effective from July 1, 2024, subject to regulatory approvals.
• Chandrababu Naidu, the national president of the Telugu Desam Party (TDP), will take oath as the Chief Minister of Andhra Pradesh on June 12, 2024, at Kesarapalli IT Park in Gannavaram, Krishna District, Andhra Pradesh (AP).
• Philemon Yang, former Prime Minister of Cameroon, has been elected as the President of the upcoming 79th session of the UN General Assembly (UNGA), scheduled to begin in September, 2024.
• The Competition Commission of India (CCI) has appointed an Indian Revenue Service (IRS) officer, Inder Pal Singh Bindra as its new Secretary.
• Prem Singh Tamang, the leader of Sikkim Krantikari Morcha (SKM), has taken oath as Chief Minister of Sikkim for a second consecutive term
• Kamal Kishore Soan, a senior IAS officer from the 1998 Jharkhand Cadre, has taken on the additional role of Director General of the Employees' State Insurance Corporation (ESIC) while continuing as Additional Secretary and Director General, of Labour Welfare in the Ministry of Labour & Employment.
• The Government has appointed Lieutenant General Upendra Dwivedi, presently serving as Vice Chief of the Army Staff, as the 30th Chief of the Army Staff with effect from the afternoon of June 30, 2024.
• The Federation of Indian Chambers of Commerce (FICCI) announced the appointment of Jyoti Vij as FICCI's director general.
• Mohan Charan Majhi, a four-time Member of the Legislative Assembly (MLA) and tribal leader, was sworn in as the first Bharatiya Janata Party (BJP) Chief Minister of Odisha.
• Bharatiya Janata Party (BJP) leader Pema Khandu has been sworn in as the Chief Minister of Arunachal Pradesh for his 3rd consecutive term.
• Nara Chandrababu Naidu, the chief of Telugu Desam Party (TDP), was sworn in as Chief Minister of Andhra Pradesh for the 4th time.
• Prem Prabhakar has been appointed as the new Managing Director and Chief Executive Officer of SBICAP Ventures Limited (SVL).
• Harsh Pati Singhania, Chairman and Managing Director (CMD) of JK Paper Limited and Director of JK Organisation, has been elected as the First Vice-Chair of the International Chamber of Commerce (ICC), Paris.

CURRENT AFFAIRS: MOUS AND AGREEMENT

• A memorandum of understanding (MoU) was signed between the Ministry of Health and Family Welfare (MoHFW) and the Ministry of Defence (MoD) to collaborate on operating a special cell of Tele MANAS, the National Telemental Health Helpline, as a pilot project for two years at the Armed Forces Medical College in Pune
• The Indian Business and Professional Council (IBPC) in Dubai, in collaboration with representatives from the National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI), hosted a conclave
• New Delhi, Not-for-profit tech organisation Wadhwani Foundation stated it has signed agreements with technical education body AICTE as well as four IIT and other premier institutions to set up a network of innovation hubs across the the country.

CURRENT AFFAIRS: RANKING AND REPORTS

• On the occasion of World Environment Day, the Brihanmumbai Municipal Corporation (BMC) launched its inaugural Climate Budget Report for 2024-25
• Nvidia has surpassed Apple in market capitalization, becoming the second-most valuable public company, behind Microsoft
• Visakhapatnam Port has achieved a noteworthy feat by breaking into the top 20 rankings in the World Bank’s Container Port Performance Index (CPPI).
• Apple has topped the Kantar BrandZ Most Valuable Global Brands Report, Tata Consultancy Services (TCS), HDFC Bank, Airtel and Infosys from India also cut.
• India slipped two places on the World Economic Forum's Global Gender Gap index to 129th place as Iceland retained its top position in the rankings.
• With 96 institutions, India is the most-represented nation, followed closely by Turkey and Pakistan, in Times Higher Education (THE) Impact Rankings 2024.

CURRENT AFFAIRS: ACQUISITION AND MERGERS

• E-commerce and technology giant Amazon has signed an agreement to acquire some assets from MX Player, a streaming platform owned by Times Internet.
• The National Company Law Tribunal (NCLT) has approved the merger of Air India and
• The Bank of India (BoI) has acquired a 6.125% stake in the incorporated Clearing Corporation of India Limited. (IFSC), listed in the GIFT SEZ (Special Economic Zone) in Gujarat.

CURRENT AFFAIRS: DEFENCE NEWS

• On June 7, 2024, a historic passing-out parade took place at Naval Air Station Indian Naval Ship (INS) Rajali in Arakkonam, Tamil Nadu, celebrating the graduation of the 102nd Helicopter Conversion Course (HCC) and the completion of the 4th Basic Helicopter Conversion Course (BHCC).
• The Indian Navy's indigenous Stealth Frigate, Indian Naval Ship (INS) Shivalik, arrived at Yokosuka, Japan, to participate in the bilateral Japan-India Maritime Exercise 2024 (JIMEX 24).
• The Indian Army has taken a significant step towards modernization with the launch of “Vidyut Rakshak,” an in-house innovation designed to enhance generator efficiency.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

• Space agency Indian Space Research Organisation (ISRO) has announced a joint Indo-French infrared earth observation satellite mission, TRISHNA (Thermal Infra-Red Imaging Satellite for High-Resolution Natural Resource Assessment), to monitor surface temperature and water management around the world
• Oleg Kononenko, a 59-year-old Russian cosmonaut, has become the first person to spend 1,000 days in space.
• Sunita Williams and Butch Wilmore became the first people to fly to space in a Boeing Starliner during its first-ever crewed flight.
• The Indian Space Research Organisation (ISRO) has released stunning images of the Sun captured by the Aditya L1 satellite during a major geomagnetic storm in May, 2024.
• Researchers at the Centre for Sustainable Technologies (CST), Indian Institute of Science (IISc), have developed a novel remediation process for removing heavy metal contaminants such as arsenic from groundwater.
• HCL Technologies (HCLTech) has expanded its partnership with Deutsche Apotheker- und Ärztebank eG (apoBank), Germany's largest cooperative primary bank, in a deal valued at USD 278 million over 7.5 years, as disclosed in a regulatory filing.

CURRENT AFFAIRS: SPORTS NEWS

• Seagram’s Royal Stag has extended its association with the International Cricket Council (ICC) for four more years, solidifying the brand’s commitment to cricket and the sport’s global community of fans.
• Indian shooter Sarabjot Singh secured India’s first medal at the ISSF World Cup in Munich, Germany
• The Indian cricket team, led by captain Rohit Sharma, commenced their journey at the 9th ICC T20 World Cup with a convincing 8-wicket win against Ireland
• Iga Swiatek won her third consecutive French Open championship, defeating Jasmine Paolini of Italy 6-2, 6-1 in the final
• Magnus Carlsen, the reigning World No. 1, secured his sixth Norway Chess Tournament title in a thrilling conclusion
• Team India's journey to the Paris Olympics has kicked off with a remarkable achievement in sponsorship.
• Indian men’s tennis player Sumit Nagpal clinched the men’s singles title at the Heilbronn Neckarcup 2024 ATP Challenger Tennis tournament in Germany.
• Max Verstappen secured victory at the Canadian Grand Prix for the third consecutive year, adding to his impressive tally of 60 Formula 1 wins and marking his sixth triumph in nine races this season.
• India's Anirban Lahiri delivered a commendable performance in the Liv Houston Golf series, concluding with a solid four-under 68 in the final round, resulting in a total score of 10-under and a tied sixth finish
• Scottie Scheffler reaffirms his dominance on the PGA Tour, claiming his fifth title of the year with a memorable win at the Memorial
• Mohun Bagan Super Giant have appointed former ATK boss Jose Molina as their head coach for the upcoming Indian Super League (ISL) season.
• India will host next year's men's Junior Hockey World Cup, the Executive Board of the International Hockey Federation announced.

CURRENT AFFAIRS: BOOKS AND AUTHOR

• Microsoft co-founder Bill Gates announced the release of his memoir titled Source Code: My Beginnings, set to hit the shelves on February 4, 2025.

CURRENT AFFAIRS: OBITUARIES

• British TV presenter and advocate for healthy living, Michael Hugh Mosley, has been discovered dead on the Greek island of Symi at the age of 67.
• Amol Kale, aged 47, and the honorary president of the Mumbai Cricket Association (MCA), passed away due to a cardiac arrest in New York.