Current Affairs 10 June 2026

National Affairs

Overview of Nepal’s Foreign Minister Shisir Khanal’s Visit to India
Shisir Khanal, the Foreign Minister of Nepal, undertook a 3-day official visit to India from June 5 to 7, 2026, at the invitation of External Affairs Minister (EAM) Dr. S. Jaishankar.

• Key Engagements: The two ministers reviewed the full spectrum of India-Nepal bilateral relations, including development cooperation, trade, energy, and connectivity. Later, Khanal held a high-level meeting with National Security Advisor (NSA) Ajit Doval.
• 3 Key Outcomes:

1. Launch of Person-to-Person (P2P) linkage between UPI (India) and NPI (Nepal).
2. Signing of an MoU between MeitY’s Digital India BHASHINI Division and Kathmandu University to jointly develop multilingual technologies and Digital Public Infrastructure (DPI).
3. Handover of 84 India-funded reconstruction projects (post-2015 earthquake) to Nepal.

Union Minister Piyush Goyal Launches BHAVYA Portal for 100 Industrial Parks
Union Minister of Commerce and Industry Piyush Goyal launched the BHAVYA Portal in New Delhi to operationalize the Bharat Audyogik Vikas Yojana (BHAVYA), a ₹33,660 crore flagship scheme.

• Overview: The scheme aims to develop 100 world-class, investment-ready industrial parks over six years to boost manufacturing, innovation, MSMEs, and startups.
• Implementation: The digital platform handles end-to-end implementation, including DPR submissions, real-time monitoring, and appraisal. It is managed by NICDC under a 51:49 Centre–State partnership model.
• Government Support: The GoI will provide up to ₹1 crore per acre for core infrastructure, allocate up to 25% of project costs for external connectivity, and fund digital mapping and satellite-based land assessments.

Rapido and MoRTH Partner to Promote RahVeer Scheme for Road Accident Victims
Roppen Transportation Services (Rapido) partnered with the Ministry of Road Transport & Highways (MoRTH) to digitally and physically promote the RahVeer Scheme, aimed at saving road accident victims during the critical "golden hour."

• The Record: Over 4 lakh Rapido captains took the RahVeer Pledge simultaneously across 400+ cities, earning a Guinness World Record.
• RahVeer Scheme Overview: Launched in April 2025, it rewards citizens (₹25,000 + a certificate) for taking accident victims to hospitals quickly, while protecting the helpers from legal or procedural harassment.
• Significance: The partnership leverages mobility networks to drive public safety solutions, strengthen road safety awareness, and encourage civic responsibility.

Jitendra Singh & UP CM Yogi Adityanath Inaugurate Regional Meteorological Centre in Lucknow
Union Minister Jitendra Singh and Uttar Pradesh CM Yogi Adityanath jointly inaugurated the upgraded Regional Meteorological Centre (RMC) in Lucknow to boost extreme weather preparedness across UP, Uttarakhand, and adjoining regions.

• Infrastructure Boost: Under Mission Mausam, the RMC now features 3 operational Doppler Weather Radars (DWRs), 107 Automatic Weather Stations, 140 Automatic Rain Gauges, 7 Lightning Sensors, and aviation support for 11 airports.
• Mission Mausam: Launched in 2024 to strengthen AI/ML-enabled weather forecasting. Under this mission, India’s DWR network is set to expand from 50 to nearly 100 radars within two years.

International Affairs

SIPRI Report 2026: India Among World’s Top 5 Military Spenders, Holds 190 Nuclear Warheads
The Stockholm International Peace Research Institute (SIPRI) released its "Yearbook 2026," ranking India as the world’s fifth-largest military spender with an expenditure of $92.1 billion (an 8.9% increase from 2024).

• Nuclear Capabilities: India’s nuclear arsenal expanded from 180 warheads in 2025 to 190 warheads as of January 2026. Globally, the 9 nuclear states hold around 12,187 nuclear weapons.
• Global Military Expenditure: Surged for the 11th consecutive year to a massive $2.9 trillion in 2025 (2.5% of the world’s GDP).
• Top Global Spenders: The USA retained the top spot ($954 billion), followed by China ($336 billion) and Russia ($190 billion).

Russian President Offers Sukhoi Su-57 Stealth Aircraft & Joint Production in India
At the St. Petersburg International Economic Forum (SPIEF), Russian President Vladimir Putin formally offered India the advanced 5th-generation Sukhoi Su-57 stealth aircraft, proposing a joint production deal.

• Technology Transfer: The proposal includes full tech-transfer and setting up manufacturing units in India to align with 'Make in India' defence goals.
• Background: India and Russia previously initiated a joint Fifth Generation Fighter Aircraft (FGFA) program in 2007 based on the Su-57, but India withdrew in 2021 due to cost and tech-transfer disputes.
• About the Sukhoi Su-57 (Felon): A stealth multirole fighter built to compete with the US F-35, capable of executing both air superiority and precision strike missions at sustained supersonic speeds.

Banking & Finance

RBI Launches Twin USD-INR Forex Swap Facility to Attract Foreign Currency Inflows
To bolster external financing and attract foreign capital, the Reserve Bank of India (RBI) introduced two specialized USD-Rupee forex swap facilities.

• FCNR (B) Deposits: Authorised Dealer (AD) Category-I banks can utilize the USD-Rupee swap facility for fresh Foreign Currency Non-Resident Bank (FCNR(B)) deposits raised in any freely convertible currency.
• ECB/OFCB Facility: A swap facility is also available for External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) that have a minimum average maturity of 3 years.

Sahamati Foundation Gets RBI Recognition as SRO for AA Ecosystem
The RBI officially recognized the Sahamati Foundation as the Self-Regulatory Organisation (SRO) for India’s Account Aggregator (AA) ecosystem, providing a formal industry-led governance structure.

• Regulatory Role: Sahamati will develop industry standards, promote best practices, address operational hurdles, and enforce compliance among financial institutions and FinTechs.
• AA Ecosystem Performance: This RBI-regulated digital framework currently features 1,120 regulated entities and 17 operational AAs, managing over 294 million linked accounts and 290+ million monthly data-sharing transactions.

Economy & Business

Fitch Ratings Lowers India’s GDP Growth Forecast to 6.4% in FY27
In its June 2026 Global Economic Outlook (GEO), credit rating agency Fitch Ratings slightly downgraded India’s Gross Domestic Product (GDP) growth forecast for FY27 by 30 basis points to 6.4%.

• GDP Projections: Growth is expected to bounce back to 6.7% in FY28 driven by consumer spending and investment, before easing back to 6.4% in FY29.
• Inflation Estimates: Consumer Price Index (CPI) inflation stood at 3.5% in April 2026 and is expected to settle around 5.3% by the end of CY26.
• Global Growth: Fitch also revised downward the global growth projection by 20 bps to 2.4% for CY26.

Adani Ports Secures $70 Million Marine Services Contract for Argentina’s LNG Export Project
Adani Ports and Special Economic Zone (APSEZ) marked its entry into South America by securing a 10-year, $70 million marine services contract for Argentina’s first Liquefied Natural Gas (LNG) export project.

• Execution Details: Managed through Meridian Transportes Marítimos S.A. (a joint venture: Adani 51%, Meridian Group 49%).
• Provided Services: The consortium will supply four tugboats, an anchor-handling vessel, and a crew boat for the Southern Energy Floating LNG (FLNG) Project in San Matías Gulf.
• Timeline & Export Output: Operations begin in September 2027, producing 2.45 Million Tonnes (MT) of LNG annually. Argentina plans to export up to 10 MT of LNG annually to India starting in 2027.

Appointments & Resignations

South Korean President Nominates Han Seong-sook as Next Prime Minister
South Korean President Lee Jae Myung has nominated the current Minister for SMEs, Han Seong-sook, as the nation's next Prime Minister, following the impending departure of Kim Min-seok.

• Historic Step: Upon parliamentary approval, she will become only the second female Prime Minister in South Korea’s history.
• Leadership Profile: Han Seong-sook previously made history in 2017 as the first woman CEO of Naver Corporation (South Korea’s leading internet company) before joining the Lee Jae Myung administration in 2025.

GoI Reappoints Swaminathan Janakiraman as RBI Deputy Governor for Two Years
The Government of India has officially re-appointed Swaminathan Janakiraman as a Deputy Governor of the Reserve Bank of India (RBI) for another two-year term, effective June 26, 2026.

• Key Role at RBI: Originally appointed in June 2023, he is the senior-most Deputy Governor and oversees crucial areas, including the Department of Supervision and Inspection.
• RBI Composition: By mandate, the RBI has four Deputy Governors. The other three serving alongside Janakiraman are Poonam Gupta, Shirish Chandra Murmu, and Rohit Jain.

Sports

India Tops Inaugural World Yogasana Championship 2026 in Ahmedabad
India utterly dominated the medal tally at the inaugural World Yogasana Championship held at the EKA Arena in Ahmedabad, claiming 114 medals (102 Gold, 9 Silver, 3 Bronze) with a 122-member contingent.

• Overall Standings: Japan finished 2nd (11 total medals), and Argentina took 3rd place (5 total medals).
• Organizers & Mascot: Organized by World Yogasana, Yogasana Bharat, and the IOA. The official mascot was ‘Veer the Lion,’ representing athletic excellence and courage.
• Notable Gold Medallists: Abhay Burman (won India’s first gold), along with Ishika Guchhait, Ayush Bhowmik, and Shilpa Das across Artistic, Traditional, and Rhythmic events.

Monaco Grand Prix 2026: 19-Year-Old Antonelli Becomes Youngest Winner
Mercedes F1 Team driver Andrea Kimi Antonelli made history at the Circuit de Monaco by winning the Formula 1 Louis Vuitton Grand Prix de Monaco, becoming the youngest Monaco GP winner in history at 19.

• Performance: Antonelli finished 6.271 seconds ahead of his closest rival with a time of 2:23:31.243. This is his fifth consecutive win in the 2026 season.
• Podium Finishers: Lewis Hamilton (Ferrari) finished second, while Isack Hadjar (Red Bull Racing) took third place.

Asian Individual Chess Championship 2026: Savitha Shri Baskar Wins Gold
19-year-old Indian International Master (IM) Savitha Shri Baskar won the Gold medal in the Women’s category at the Asian Individual Chess Championship in Ulaanbaatar, Mongolia, scoring 7.5/9 points.

• Open Category Winner: China's IM Kong Xiangrui took the Gold in the Open section.
• Qualification Highlights: With this continental victory, Savitha Shri Baskar has directly qualified for the 2027 FIDE Women’s World Cup.
• Event Edition: This marked the 21st edition of the Open section and the 27th edition of the Women’s section, organized by FIDE, ACF, and the Mongolian Chess Federation.

Important Days at a Glance

Current Affairs 10 June 2026 Oneliner Question Answer

1. Which Foreign Minister of Nepal visited India from 5–7 June 2026?
Answer: Shisir Khanal.

2. Which digital payment linkage was launched between India and Nepal during the visit?
Answer: UPI–NPI Person-to-Person (P2P) linkage.

3. Which Union Minister launched the BHAVYA Portal in June 2026?
Answer: Piyush Goyal.

4. What is the total outlay of the Bharat Audyogik Vikas Yojana (BHAVYA)?
Answer: ₹33,660 crore.

5. How many world-class industrial parks will be developed under the BHAVYA Scheme?
Answer: 100 industrial parks.

6. Which company partnered with the Ministry of Road Transport and Highways (MoRTH) to promote the RahVeer Scheme?
Answer: Rapido.

7. What is the reward provided under the RahVeer Scheme for helping road accident victims?
Answer: ₹25,000 and a certificate of appreciation.

8. Which city inaugurated the new Regional Meteorological Centre (RMC) in June 2026?
Answer: Lucknow.

9. Under which mission was the Regional Meteorological Centre strengthened?
Answer: Mission Mausam.

10. According to the SIPRI Yearbook 2026, what was India's rank among the world's military spenders?
Answer: Fifth.

11. According to SIPRI, how many nuclear warheads did India possess as of January 2026?
Answer: 190 nuclear warheads.

12. Which fifth-generation stealth fighter aircraft was offered to India by Russia?
Answer: Sukhoi Su-57.

13. Which institution launched the twin USD-INR forex swap facility?
Answer: Reserve Bank of India (RBI).

14. Which foundation was recognised by the RBI as the Self-Regulatory Organisation (SRO) for the Account Aggregator ecosystem?
Answer: Sahamati Foundation.

15. According to Fitch Ratings, what is India's GDP growth forecast for FY27?
Answer: 6.4%.

16. Which Indian company secured a USD 70 million marine services contract for Argentina's LNG export project?
Answer: Adani Ports and Special Economic Zone Limited (APSEZ).

17. Who was nominated as the next Prime Minister of South Korea in June 2026?
Answer: Han Seong-sook.

18. Which RBI Deputy Governor was reappointed for another two-year term?
Answer: Swaminathan Janakiraman.

19. Which country topped the medal tally at the inaugural World Yogasana Championship 2026?
Answer: India.

20. How many medals did India win at the World Yogasana Championship 2026?
Answer: 114 medals.

21. Who became the youngest winner of the Monaco Grand Prix in 2026?
Answer: Andrea Kimi Antonelli.

22. Which Indian player won the women's title at the Asian Individual Chess Championship 2026?
Answer: Savitha Shri Baskar.

23. World Brain Tumor Day is observed every year on which date?
Answer: 8 June.

24. What is the symbol of World Brain Tumor Day?
Answer: Grey Ribbon.

25. World Accreditation Day is observed annually on which date?
Answer: 9 June.

26. What is the theme of World Accreditation Day 2026?
Answer: “Innovation, Trust and Sustainability: The Power of Accreditation”.