10th June 2025

1. Highlights of Kyrgyzstan’s Foreign Minister Zheenbek Kulubaev Moldokanovich’s Official Visit to India from 5 to 7 June 2025
2. PM Narendra Modi Virtually Addressed the ICDRI 2025
3. DRDO Transfers Technologies of Nine Systems to 10 Industries
4. ICRISAT, IFFCO and BBSSL Sign Agreement to Establish Beej Anusandhan Kendra in Gujarat
5. IEA’s World Energy Investment Report 2025: China Leads Global Energy Investments
6. India Showcases DPI as Global Benchmark at 11th BRICS Communications Ministers’ Meeting
7. Amul Partners with Spain’s COVAP to Launch Fresh Milk in EU
8. AU SFB Partners with IFC to Integrate Climate Risk Management into Core Banking Strategy
9. Serentica Renewables Secured over 100 Million from Rabobank and Societe Generale
10. Canadian First Astronaut & Former Foreign Minister Marc Garneau Passed Away
11. TN CM M.K. Stalin Inaugurated Rs 475 Crore Agile Robots and SOL India Facilities
12. Inclusion of “The Vishweshwar Sahakari Bank Ltd., Pune” in the Second Schedule of the Reserve Bank of India Act, 1934
13. Axiom-4 mission: Indian Astronaut Shubhanshu Shukla’s space journey delayed
14. India’s First E-Waste Recycling Park to Rise in Delhi’s Holambi Kalan
15. SBI Pays ₹8,076.84 Crore Dividend to Government for FY25
16. Nicholas Pooran Retires from International Cricket at 29
17. Thomas Cook Partners with Muthoot Forex to Expand Payment Network
18. A book Titled “India: 5000 Years of History on the Subcontinent” Authored by Audrey Truschke
19. MS Dhoni Inducted into ICC Hall of Fame
20. Chess: Indian Grandmaster Aravindh Chithambaram wins 6th Stepan Avagyan Memorial
21. Indian Railways and BHASHINI Forge Strategic Partnership to Bring Multilingual AI to Railway Services
22. World Accreditation Day 2025 – June 9
23. International Archives Day 2025 – June 9
24. International Day of Play 2025 – June 11

National News

1. India-Kyrgyzstan Bilateral Investment Treaty Comes Into Force

• What:
  • India and Kyrgyzstan have enforced a new Bilateral Investment Treaty (BIT) to strengthen economic ties and encourage cross-border investments between the two countries.
• Why:
  • The treaty aims to promote and protect the interests of investors from both nations and create a safe and predictable investment environment.
• Tell me more:
  • The BIT signed on June 14, 2019, in Bishkek, will be effective from June 5, 2025, and replaces the earlier agreement from May 12, 2000.
  • The treaty includes provisions for sustainable development and removes the most favoured nation (MFN) status.
  • It introduces general and security exceptions, covering areas like environmental protection, public health, safety, morals, and public order.
  • The dispute resolution mechanism requires investors to exhaust local remedies before seeking other solutions.
  • Matters related to local government, taxation, government procurement, governmental services, and compulsory licenses are excluded to maintain government policy space.

Source: ET

State News

1. Serentica Renewables Secures Funding for Rajasthan Solar Project

• What:
  • Serentica Renewables has received debt financing from Rabobank and Societe Generale to develop a solar power project in Rajasthan.
• Why:
  • The financing will help supply green energy to Bharat Aluminium Company Limited and support decarbonisation in India’s industrial sector.
• Tell me more:
  • The project involves a 300 MW solar power plant in Rajasthan.
  • This is Serentica Renewables’ second External Commercial Borrowing financing.
  • The company’s renewable energy capacity has reached 1,000 MW, with projects using solar, wind, energy storage, and advanced balancing solutions.
  • Serentica is backed by a significant investment from KKR.

Source: ET

2. Tamil Nadu Inaugurates Robotics and Air Separation Plants

• What:
  • Tamil Nadu Chief Minister virtually inaugurated a robotics manufacturing unit by Germany’s Agile Robots SE and an air separation plant by SOL India Pvt Ltd, with total investments of Rs 475 crore.
• Why:
  • The facilities aim to boost Tamil Nadu’s manufacturing sector, create skilled jobs, and strengthen the state’s position as a hub for innovation and advanced industry.
• Tell me more:
  • The Agile Robots facility at SIPCOT Irungattukottai industrial estate will make AI-powered robotic components for automotive, electronics, and healthcare sectors and is expected to create over 300 high-skilled jobs.
  • Six engineering students received internships under the state’s Naan Mudhalvan skilling programme at the launch.
  • The SOL India air separation plant at SIPCOT Ranipet is a joint venture between Italy’s SOL SpA and SICGILSOL Pvt Ltd and will produce industrial and medical-grade oxygen.
  • Tamil Nadu recorded the highest GDP growth among Indian states in 2024–25 and aims to become a $1 trillion economy.

Source: IE

3. Delhi to Set Up India’s First E-Waste Eco Park

• What:
  • The Delhi government will build India’s first E-Waste Eco Park at Holambi Kalan to process e-waste and recover valuable materials in a safe and scientific way.
• Why:
  • The project aims to promote sustainable development, support a circular economy, and make Delhi a leader in responsible e-waste management.
• Tell me more:
  • The park will process 51,000 metric tonnes of e-waste each year from 106 categories under the E-Waste Management Rules 2022.
  • The project will operate under a Public-Private Partnership model with a 15-year concession period and will be ready in 18 months after the tender is finalized.
  • Training centres will upskill informal workers, and the Delhi State Industrial and Infrastructure Development Corporation will act as the nodal agency.

Source: N18

International News

1. International Conference on Disaster Resilient Infrastructure 2025 Held in Europe

• What:
  • Prime Minister Shri Narendra Modi addressed the International Conference on Disaster Resilient Infrastructure 2025, which was hosted for the first time in Europe.
• Why:
  • The conference aimed to highlight the need for resilient infrastructure and proactive disaster management, especially for vulnerable coastal regions and islands.
• Tell me more:
  • The theme of the conference was ‘Shaping a Resilient Future for Coastal Regions’.
  • The Prime Minister thanked France and its President for supporting the event and sent best wishes for the upcoming United Nations Oceans Conference.
  • Recent disasters like Cyclone Remal, Hurricane Beryl, Typhoon Yagi, Hurricane Helene, Typhoon Usagi, and Cyclone Chido were mentioned to show the importance of disaster resilience.
  • India’s experience with the 1999 super-cyclone and 2004 tsunami was shared, including building cyclone shelters and setting up a tsunami warning system for 29 countries.
  • Five priorities were outlined: disaster resilience in education, a global digital repository for best practices, innovative financing for developing nations, special attention to Small Island Developing States, and stronger early warning systems.

Source: MEA

2. 11th BRICS Communications Ministers’ Meeting in Brasília

• What:
  • India reaffirmed its commitment to inclusive, sustainable, and future-ready digital development at the 11th BRICS Communications Ministers’ Meeting in Brasília.
• Why:
  • The meeting aimed to promote universal and meaningful connectivity, space and environmental sustainability, and a strong digital ecosystem among BRICS nations.
• Tell me more:
  • India showcased its Digital Public Infrastructure (DPI), highlighting Aadhaar’s secure digital identity for over 950 million people and UPI’s role in 46% of global digital transactions.
  • India’s DPI supports financial inclusion, good governance, and innovation, with open and interoperable platforms preventing monopolies.
  • The country’s digital initiatives include Sanchar Saathi for telecom fraud prevention, the Digital Bharat Nidhi programme connecting over 218,000 village councils, and indigenous 4G/5G rollout covering most of the population.
  • The meeting adopted the Final Declaration and invited BRICS members to the next meeting in India in 2026.
  • India’s digital laws include the Telecommunications Act and Data Protection Act.

Source: pib

3. Axiom-4 Mission to ISS Postponed Due to Technical Issue

• What:
  • The launch of the Axiom-4 mission, which was to send Indian astronaut Shubhanshu Shukla to the International Space Station, has been postponed indefinitely after a liquid oxygen leak was detected during a test of the Falcon 9 rocket.
• Tell me more:
  • The mission was originally scheduled for June 10, then June 11, but now has no new launch date.
  • The leak was found during a seven-second hot test of the Falcon 9 booster, leading to a joint review by ISRO, Axiom Space, and SpaceX.
  • Shubhanshu Shukla would become the first Indian astronaut in space in over 40 years.
  • The Indian government allocated ₹550 crore for participation in the mission.
  • Shukla will conduct scientific experiments on the ISS, including research on growing fenugreek and green gram in microgravity.

Source: ET

Banking and Economy

1. AU Small Finance Bank Partners IFC for Climate Risk Advisory

• What:
  • AU Small Finance Bank announced a partnership with International Finance Corporation to launch a climate risk advisory program that will integrate climate risk into the bank’s governance, planning, risk management, and ESG disclosures.
• Why:
  • The initiative aims to strengthen climate resilience, support financial inclusion, and embed climate concerns into the bank’s risk and decision-making processes.
• Tell me more:
  • The program includes physical risk assessment using climate scenarios, transition risk assessment for policy and market changes, and financed emissions calculation for various asset classes.
  • IFC will act as lead advisor on ESG and climate risk, collaborating with StepChange for analytical modeling.
  • The program aligns with global frameworks like TCFD and RBI’s climate disclosure guidelines.
  • AU SFB’s Green Fixed Deposit product has raised significant funds for renewable energy and clean transportation.

Source: AU

2. Inclusion of Vishweshwar Sahakari Bank in RBI Second Schedule

• What:
  • The Vishweshwar Sahakari Bank Ltd., Pune has been included in the Second Schedule of the Reserve Bank of India Act, 1934.
• Tell me more:
  • The notification for inclusion was issued on April 07, 2025.
  • The bank is based in Pune.
  • Scheduled banks are listed in the Second Schedule of the RBI Act, 1934.
  • The Reserve Bank of India Act, 1934 governs the functioning of banks in India.

Source: RBI

3. SBI Pays Record Dividend to Government for FY 2024-25

• What:
  • State Bank of India has paid a dividend of ₹8,076.84 crore to the government for the financial year 2024-25.
• Why:
  • The dividend payment reflects SBI’s strong financial performance and supports government revenue.
• Tell me more:
  • The cheque was handed over to Finance Minister Nirmala Sitharaman by SBI Chairman C S Setty, with senior finance officials present.
  • SBI declared a dividend of ₹15.90 per share for 2024-25, higher than the previous year’s ₹13.70 per share.
  • In the previous year, SBI paid a dividend of ₹6,959.29 crore to the government.
  • The bank reported a record net profit of ₹70,901 crore in 2024-25, marking a 16% increase from the previous year.

Source: ET

4. Thomas Cook and Muthoot Forex Expand Prepaid Forex Cards

• What:
  • Thomas Cook has partnered with Muthoot Forex to expand the reach of its Borderless Travel and Study Buddy prepaid forex cards across India.
• Why:
  • The partnership aims to make international travel and study abroad more convenient and accessible for consumers in metros and regional markets.
• Tell me more:
  • The collaboration combines Thomas Cook’s expertise in travel and foreign exchange with Muthoot’s wide network across tier I to tier IV markets.
  • The partnership is expected to bring these prepaid forex cards closer to consumers throughout the country.
  • The cards are designed to help with travel and study needs abroad.
  • Both companies aim to strengthen their presence in India’s foreign exchange and travel market.

Source: BS

Reports and Indices

1. IEA’s Global Energy Investment report 2025

• What:
  • Global clean energy investments are projected to reach $2.2 trillion in 2025, double the combined investment in oil, natural gas, and coal, according to the new “Global Energy Investment report 2025” by the International Energy Agency (IEA).
• Why:
  • This surge in clean energy investment is a global effort, yet current flows are insufficient to meet COP28 goals of tripling renewable energy capacity and doubling energy efficiency improvements by 2030, necessitating a doubling of annual investments to achieve the renewable target.
• Tell me more:
  • China is projected to account for over 25% of global energy investment in 2025, having more than doubled its clean energy investments to over $625 billion since 2015.
  • Africa’s energy investments are expected to fall by a third in 2025 compared to 2015, accounting for only 2% of clean energy investment despite having 20% of the world’s population.
  • India has significantly increased its renewable power investments from $13 billion in 2015 to $37 billion in 2025, while its fossil fuel investments also rose from $41 billion to $49 billion.
  • Global grid investment is projected to exceed $400 billion in 2025, primarily driven by China, Europe, and North America.
  • Clean energy technologies encompass renewables, nuclear, grids, storage, low-emissions fuels, efficiency, and electrification.

Source: DTE

Defence News

1. DRDO Transfers Nine Defence Technologies for Production

• What:
  • DRDO has transferred technologies of nine land systems and weapon platforms, including mounted artillery guns and CBRN reconnaissance vehicles, to defence PSUs and private companies for production.
• Why:
  • The transfer supports the government’s vision to build a strong defence industrial ecosystem in the country.
• Tell me more:
  • The technologies were handed over by DRDO laboratory Vehicles Research & Development Establishment (VRDE) near Ahmednagar, Maharashtra.
  • Licensing agreements were given to various companies, including Bharat Electronics (BEL), Bharat Forge, Metaltech Motor Bodies, Tata Advanced Systems, Dass Hitachi Limited, Goma Engineering, BEML, Tata International Vehicle Applications, SDR Auto, and John Galt International.
  • The transferred technologies include CBRN recce vehicle (tracked) Mark-II, mounted gun system, anti-terrorist vehicles, expandable mobile shelter, Vajra riot control vehicles, multi-purpose decontamination systems, and systems related to Arjun main-battle tanks.
  • DRDO chairman Samir V Kamat praised the performance of indigenous systems like Akash air defence missiles during Operation Sindoor and emphasized the need for surge capacity in the defence industry.
  • Technologies for maintenance and repair vehicles for Arjun tanks were given to BEML.

Source: TOI

Agriculture and Rural Development

1. Beej Anusandhan Kendra to Boost Seed Innovation

• What:
  • ICRISAT, IFFCO, and BBSSL signed a tripartite agreement to set up the Beej Anusandhan Kendra (BAK), a research centre for seed innovation and sustainable agriculture in Gujarat.
• Why:
  • The agreement aims to promote sustainable agricultural growth by integrating advanced seed research and development.
• Tell me more:
  • ICRISAT will act as the knowledge partner and prepare the detailed project report for BAK.
  • BAK will be constructed by IFFCO and operated by BBSSL.
  • The collaboration combines ICRISAT’s research, IFFCO’s cooperative leadership, and BBSSL’s focus on seed quality and sustainability.
  • ICRISAT brings global research expertise to the partnership.
  • IFFCO will handle the construction of the centre.
  • BBSSL will operate the research centre.

Source: TT

2. Amul Launches Fresh Milk in Spain with COVAP

• What:
  • Amul has partnered with Spain’s COVAP to launch its flagship fresh milk in Spain and the European Union, starting in Madrid and Barcelona, and later expanding to other cities and Portugal.
• Why:
  • The partnership aims to blend Indian and Spanish dairy strengths, benefit dairy farmers in both countries, and make Amul a global dairy brand.
• Tell me more:
  • The official launch event was held at the Embassy of India in Madrid, attended by dignitaries from both countries.
  • Amul’s fresh milk will roll out in major Spanish cities and Lisbon, with plans to expand to Germany, Italy, and Switzerland.
  • COVAP, founded in 1959, has over 2,000 farmer-members and processes over 400 million litres of milk annually, exporting to more than 30 countries.
  • Amul is the world’s largest farmer-owned dairy cooperative, with 3.6 million members, processing over 12 billion litres of milk annually through 112 plants, and a turnover exceeding $11 billion.
  • The move aligns with the United Nations’ 2025 International Year of Cooperatives, highlighting the strength of cooperative collaboration.

Source: BS

Awards

1. MS Dhoni Inducted into ICC Hall of Fame

• What:
  • MS Dhoni has been formally inducted into the ICC Hall of Fame along with six other legendary cricketers at a ceremony in London.
• Why:
  • The induction honours Dhoni’s outstanding contributions to international cricket and recognises the achievements of great players across generations.
• Tell me more:
  • Dhoni became the 11th Indian cricketer to enter the ICC Hall of Fame.
  • Other inductees include Hashim Amla, Matthew Hayden, Graeme Smith, Daniel Vettori, Sana Mir, and Sarah Taylor.
  • Dhoni is the only captain to win all three ICC white-ball tournaments and has scored over 17,000 international runs.
  • He led India to victories in the 2007 T20 World Cup, 2011 ODI World Cup, and held the Test top ranking for 18 months.
  • The ICC Hall of Fame was launched in 2009 and now has 122 members.

Source: HT

Important Days

1. World Accreditation Day 2025 – June 9

• Theme: Accreditation: Empowering Small and Medium Enterprises (SMEs)
• The Quality Council of India (QCI), the national custodian of accreditation in India, commemorated World Accreditation Day 2025 at the India Habitat Centre, New Delhi.
• QCI, through its constituent boards—NABL (National Accreditation Board for Testing and Calibration Laboratories) and NABCB (National Accreditation Board for Certification Bodies)—collaborates with international organizations like the International Laboratory Accreditation Cooperation (ILAC) and the International Accreditation Forum (IAF) to bring India’s quality and conformance systems in line with global standards.

Source: PIBPIB

2. International Archives Day 2025 – June 9

• Theme: #ArchivesAreAccessible – Archives for Everyone

Source: ICA

3. International Day of Play 2025 – June 11

• Theme: “Choose play – every day”

Source: UN

Sports

1. Nicholas Pooran Retires from International Cricket at 29

• West Indies cricketer Nicholas Pooran has announced his retirement from international cricket at the age of 29.

Source: IT

2. Aravindh Chithambaram Wins Stepan Avagyan Memorial Chess

• What:
  • Indian Grandmaster Aravindh Chithambaram won the 6th Stepan Avagyan Memorial chess tournament in Jermuk, Armenia.
• Tell me more:
  • Aravindh finished with 6.5 points from 9 rounds, tying with Grandmaster R. Praggnanandhaa but winning on tie-breaks using the Sonneborne-Berger system.
  • The Sonneborne-Berger system is used to break ties by considering the strength of defeated opponents.

Source: NOA

Memorandum of Understanding

1. Indian Railways to Get Multilingual AI Solutions

• What:
  • Digital India Bhashini Division and Centre for Railway Information Systems have signed an MoU to develop and deploy multilingual artificial intelligence solutions on key railway platforms.
• Why:
  • The partnership aims to make railway services more accessible by enabling citizens to use them in 22 Indian languages.
• Tell me more:
  • BHASHINI’s language technology stack, including speech recognition, translation, text-to-speech, and optical character recognition, will be integrated into systems like National Train Enquiry System and RailMadad.
  • The collaboration will create chatbots, voice assistants, and multilingual interfaces for railway enquiries and support.
  • Services will be available on websites, mobile apps, kiosks, and call centers, allowing real-time speech-based interaction.

Source: PIB

Miscellaneous

1. Marc Garneau, First Canadian in Space, Passes Away

• Marc Garneau, the first Canadian in space and former foreign minister, died after a short illness at the age of 76.
• He became the first Canadian in space in 1984 and completed two more space missions.
• He served as Canada’s foreign minister.

Source: cnbc

2. Audrey Truschke’s Book Explores 5000 Years of Indian History

• American Historian Audrey Truschke’s new book, India: 5000 Years of History on the Subcontinent, traces key developments in India’s political, social, cultural, religious, and intellectual history.

Source: TH

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