05th June 2026

1. T-Hub Launches Third ORBIT Space-Tech Cohort, Onboards 13 Startups
2. UNGA Elected Five countries As Non-Permanent Members of UNSC
3. ADB, Standard Chartered Partner to Strengthen Supply Chain Finance in India
4. OECD Raises India’s FY27 Growth Forecast by 20 bps to 6.3%
5. Argentina’s Lionel Messi Becomes First Footballer To Win Princess Of Asturias Award
6. Mette Frederiksen Sworn in as Denmark’s PM for Third Consecutive Term
7. Visa Appoints Shah Rukh Khan as Brand Ambassador for its ‘Infinitely More’ Campaign
8. GQG Partners sells 1.85% stake in GMR Airports to Fidelity for Rs 1,906 crore
9. Vice-President C. P. Radhakrishnan Releases Book “When Audit Matters” Edited by Former CAG Vinod Rai
10. International Day of Innocent Children Victims of Aggression 2026 – June 4
11. Telangana, Germany’s Thuringia Sign Cooperation Pact on Skills & Industrial Development
12. PM Modi Inaugurates First World Yogasana Championship 2026 in Ahmedabad
13. NASA Shuts Down MAVEN Spacecraft After 10 Years at Mars – Here’s Why
14. India’s First Model Border Village is Here, Why Chumur is Making Headlines?
15. Microsoft Unveils Fairwater AI Data Centre to Promote Sustainable AI Infrastructure
16. David Beckham to Receive Star on Hollywood Walk of Fame Ahead of FIFA World Cup 2026
17. Veteran Diplomat Vipul Appointed India’s Next Ambassador to Saudi Arabia
18. World Environment Day 2026: Date, Theme, History, Significance, Host Country and Why Climate Action Matters
19. Four Indian-Origin Players Set to Feature at FIFA World Cup 2026
20. India Reaches Landmark of 100 Ramsar Sites with Jai Prakash Narayan Bird Sanctuary
21. West Bengal Assembly Joins NeVA, Becoming 33rd Legislature to Adopt Digital Governance
22. APEDA Facilitates Historic Export of Botanical-Infused Millet Products to New Zealand

National News

Prime Minister Inaugurates First World Yogasana Championship

• What: Prime Minister Narendra Modi officially inaugurated the first World Yogasana Championship 2026, to be held in Ahmedabad, adding a historic new chapter to the global sports legacy.
• Tell me more:
  • Ahmedabad is a United Nations Educational, Scientific and Cultural Organization (UNESCO) World Heritage City.
  • World Yoga Day will take place on June 21 across different countries, with the main program scheduled to happen in Kolkata.
  • The official theme for the International Day of Yoga this year is “Yoga for Healthy Ageing” to address contemporary global health concerns.
  • The Ministry of Ayush recently started a special initiative called the ‘Yoga 365’ campaign to embed the practice into daily routines.

State News

T-Hub Launches Third SpaceTech Accelerator Cohort

• What: Startup incubator T-Hub launched the third cohort of ORBIT, the Atal Incubation Centre-T-Hub SpaceTech accelerator programme, by inducting 13 innovative startups to strengthen the domestic space sector.
• Tell me more:
  • The third ORBIT spacetech cohort onboarded eight startups.
  • The programme has supported 36 startups, offers mentorship and industry support, and previous cohorts secured ₹30 crore funding and 18 published IPs.
  • T-Hub CEO – Kavikrut

Telangana Signs MoUs with Germany’s Thuringia

• Telangana signed an MoU with delegation from Germany’s state named Thuringia for cooperation in technology, startups, life sciences, and skill development.
• It also discussed cooperation with South African Deputy President Paul Mashatile in education, medical tourism, investments, and trade opportunities through AfCFTA.

Ladakh Lieutenant Governor Launches Chumur Model Village

• What: Ladakh Lieutenant Governor Vinai Kumar Saxena laid the foundation stone for the first model border village at Chumur along the India-China border to build permanent settlements and create local jobs.
• Tell me more:
  • The project will transform a high-altitude border village into a permanent settlement with solar homes, greenhouse farming, essential services, tourism facilities, and stronger civilian-defence cooperation under the Vibrant Village Programme.
  • The Defence Institute of High-Altitude Research (DIHAR) will support this greenhouse project to strengthen food security.
  • The government will develop 10 such border villages during the first phase of the Vibrant Village Program (VVP).

Surha Tal Becomes 100th Ramsar Site of India

• The Ministry of Environment, Forest and Climate Change (MoEFCC) designated the Jai Prakash Narayan Bird Sanctuary (Surha Tal) in Uttar Pradesh’s Ballia district as India’s 100th Ramsar Site.

West Bengal Signs National e-Vidhan Application Pact

• What: The Ministry of Parliamentary Affairs, the West Bengal Legislative Assembly, and the Government of West Bengal signed a Tripartite Memorandum of Understanding (MoU) to implement the National e-Vidhan Application (NeVA) for digital governance.
• Tell me more:
  • The National e-Vidhan Application (NeVA), a Mission Mode Project of the Ministry of Parliamentary Affairs, aims to digitise and modernise legislatures through a common digital platform. West Bengal became the 33rd legislature to join the initiative.

International News

Five Nations Elected to United Nations Security Council

• What: The United Nations General Assembly (UNGA) elected Austria, Portugal, Trinidad and Tobago, Zimbabwe, and first-time member Kyrgyzstan as non-permanent members of the United Nations Security Council (UNSC) for two-year terms starting January 1, 2027.
• Tell me more:
  • The 193-member UNGA voted in the plenary meeting amid major geopolitical rivalries and repeated deadlock within the core conflict-resolution body.
  • The 15 members of the UNSC include five permanent members with veto power and 10 non-permanent members elected for staggered terms.
  • Kyrgyzstan secured a seat for the first time since joining the UNSC in 1992. The other four newly elected nations have previous experience, with Austria and Portugal serving three times, Zimbabwe twice, and Trinidad and Tobago once.
  • The five newly elected nations will replace Denmark, Greece, Pakistan, Panama, and Somalia at the end of 2026.
  • Bahrain, Colombia, the Democratic Republic of the Congo, Latvia, and Liberia will remain on the council through the end of 2027.

National Aeronautics and Space Administration Officially Ends MAVEN Mission

• What: National Aeronautics and Space Administration (NASA) officially ended the mission of its Mars Atmosphere and Volatile Evolution (MAVEN) orbiter after determining that the Mars orbiter is no longer recoverable following an unexpected loss of contact in late 2025.
• Tell me more:
  • The spacecraft orbited Mars from September 2014, studying its atmosphere and collecting data that helped scientists understand how the planet changed from a warmer, wetter world into the cold, dry environment seen today.

Microsoft Unveils Sustainable Fairwater Artificial Intelligence Data Centre in Wisconsin, US

• What: Microsoft Chief Executive Officer (CEO) Satya Nadella introduced the sustainable Fairwater Artificial Intelligence (AI) data centre in Wisconsin which utilizes recycled cooling water to match the low annual water usage of a neighborhood restaurant.
• Tell me more:
  • The corporate leader defended the expanding infrastructure footprint of the company during his keynote address at the Microsoft Build 2026 conference.
  • The cloud platform of the company, named Microsoft Azure, now operates across more than 500 data centres in over 80 regions worldwide.

Banking and Economy

Asian Development Bank Partners With Standard Chartered Bank

• What: The Asian Development Bank (ADB) and Standard Chartered Bank signed agreements in Mumbai to strengthen supply chain finance in India through risk-sharing arrangements covering both US dollar and Indian rupee transactions.
• Tell me more:
  • Supply chain finance is a system where a bank or financial institution pays a supplier early on behalf of a buyer. The buyer then repays the bank later. This helps suppliers get money quickly and businesses manage cash flow smoothly.
  • The partnership allows both organisations to share the risk of international trade loans through GIFT City. It helps businesses get financing for transactions conducted in US dollars while reducing risk for lenders.
    • Standard Chartered Bank commenced banking operations in GIFT City in 2020 as the first foreign bank inside the hub.
• Knowledge Nuggets:
  • ADB President – Masato Kanda (Japan)
  • ADB Vice-President (Market Solutions) – Bhargav Dasgupta (India)
  • ADB India Resident Mission Country Director – Mio Oka
  • Standard Chartered Bank India and South Asia CEO- P.D. Singh

GQG Partners Sells Stake in GMR Airports

• What: US-based investment firm GQG Partners sold a 1.85% stake in aviation operator GMR Airports Infrastructure Limited (GAL) to Fidelity International for Rs 1,906.12 crore through open market transactions on Wednesday.
• Tell me more:
  • Rajiv Jain-backed GQG Partners sold shares through its affiliate, GQG Partners Emerging Markets Equity Fund.
  • Rajiv Jain is the founder, chairman and chief investment officer of Fort Lauderdale (city in Florida)-based asset management firm GQG Partners.

Source: NOA

GDP Forecasts

OECD Global Economic Outlook 2026

• About India:

• As per this report, the global middle class is shifting from OECD economies to Asia. India is expected to lead this change, with its middle-class population projected to surpass China’s between 2030 and 2035.
• By 2036, middle-class and affluent consumers are expected to account for 93% of all spending, up from 80% in 2026.
• By 2035, more than 20% of major generations (Baby Boomers, Gen X, Millennials, and Gen Z) are expected to spend $45 or more per day.
• About World:
  • Global Economies Growth Forecast

• OECD Economies Growth Forecast
  

Agriculture and Rural Development

India Exports First Sea Shipment of Millets

• What: The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated India’s first-ever sea shipment of botanical-infused, millet-based ready-to-cook functional foods from Karnataka to New Zealand.
• Tell me more:
  • A Bengaluru-based business firm named M/s Infini Agrotek LLP shipped the entire high-value agricultural cargo.

Awards

Lionel Messi Receives Princess of Asturias Award

• What: Legendary footballer Lionel Messi, who captained Argentina to the 2022 FIFA World Cup title, received the prestigious Princess of Asturias Award for Sports, becoming the first individual footballer to win the honour.
• Tell me more:
  • The award is given by The Princess of Asturias Foundation, Spain to honour individuals or institutions whose achievements have made an extraordinary contribution to sports and had a positive impact on society.
  • Notable previous sports recipients are Rafael Nadal, Michael Schumacher, Serena Williams, and Eliud Kipchoge.

David Beckham to Receive Hollywood Walk of Fame Star

• What: The Hollywood Chamber of Commerce will honour English football icon David Beckham with a star on the famous Hollywood Walk of Fame on June 12 as the United States co-hosts the expanded global tournament.
• Tell me more:
  • The honour recognises his distinguished football career with leading clubs, England captaincy, and global sporting influence.
  • Beckham played for top global clubs including Manchester United from 1992 to 2003 and Real Madrid from 2003 to 2007.

Important Days

International Day of Innocent Children Victims of Aggression 2026 – June 4

World Environment Day 2026 – June 5

• The theme of World Environment Day 2026 is “Climate Action”.
• The official campaign slogan is “Now For Climate”, emphasizing the urgent need to respond to climate change and the warning signals being sent by the Earth.
• On 5 June 2026, the Republic of Azerbaijan will host the global commemoration of World Environment Day in Baku.
• The United Nations General Assembly designated June 5 as World Environment Day during the 1972 Stockholm Conference, the first major global conference focused on environmental protection.
• The same year, the United Nations Environment Programme (UNEP) was established. World Environment Day was first observed in 1973 with the theme “Only One Earth.”.

Sports

Four Indian-Origin Players Set to Feature at FIFA World Cup 2026

• What: The expanded 48-team Federation Internationale de Football Association (FIFA) World Cup co-hosted by the United States, Canada, and Mexico begins on June 11 with several Indian-origin players representing other competing nations.
• Tell me more:
  • Sarpreet Singh – New Zealand nationality; midfielder for New Zealand national team; previously played for Bayern Munich.
  • Tahsin Mohammed Jamshid – Qatari nationality; winger for Qatar national team and Al Duhail.
  • Nishan Velupillay – Australian nationality; winger for Australia national team and Melbourne Victory.
  • Samuel Moutoussamy – DR Congo nationality; midfielder for DR Congo national team and Greek club Atromitos.

Appointments

Denmark’s Prime Minister

• Denmark’s Social Democratic leader, Mette Frederiksen, secured a third term as Prime Minister of Denmark.

Visa Appoints Actor Shah Rukh Khan as Brand Ambassador

• What: Global payment network Visa announced a new marketing campaign in India called “Infinitely More” featuring celebrated Bollywood actor Shah Rukh Khan as its official brand ambassador for the domestic market.
• Tell me more:
  • Visa Head of Marketing for India and South Asia Gaurav Ramdev said this new campaign highlights the growing preference of affluent Indian consumers for experiences over ownership.

Government Appoints Vipul Next Ambassador to Saudi Arabia

• The Ministry of External Affairs (MEA) appointed experienced diplomat Vipul as the next Indian ambassador to Saudi Arabia.

Miscellaneous

Vice-President Releases New Institutional Accountability Book

• What: The Vice-President of India, Shri C. P. Radhakrishnan, officially released the book titled “When Audit Matters: CAG Interventions That Made a Difference” during a special function held at Uprashtrapati Bhawan to highlight institutional financial accountability.
• Tell me more:
  • The publication was edited by former Comptroller and Auditor General (CAG) of India, Vinod Rai, and compiled the experiences of former senior audit officers. It is published by the Rupa Publications.
  • The book is part of a broader governance and accountability research project led by the Institute of South Asian Studies at the National University of Singapore.

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