Current Affairs 27 June 2026
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National Affairs
Union Minister Sarbananda Sonowal Unveils 63 Projects Worth ₹5,028.17 Crore at MPA Foundation Day
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal unveiled a massive development pipeline of 63 projects valued at ₹5,028.17 crore during the 154th Foundation Day of the Mumbai Port Authority (MPA) in Maharashtra.
- Theme: The celebrations were held under the theme “Together We Can”.
- Project Details: Included the inauguration of 7 projects (₹132.29 Cr), laying the foundation stones for 34 projects (₹1,354.59 Cr), and announcing 22 new projects (₹3,541.29 Cr).
- Key Agreements: Witnessed the exchange of agreements for the Indira Dock Operations & Maintenance Project and the Viksit Bharat Mumbai Marina Project.
16th BRICS National Security Advisers’ Meeting Held in New Delhi
The 16th BRICS National Security Advisers’ (NSA) Meeting was chaired by India's NSA Ajit Doval in New Delhi to strengthen cooperation on critical regional and global security issues under India’s 2026 BRICS Chairship.
- Theme: Organised under the theme “Non-Traditional Security Challenges Confronting the World Today”.
- BRICS HOSA Meeting 2026: The Heads of Space Agencies meeting was hosted by ISRO in Bengaluru.
- Energy Ministers’ Meeting: The 11th BRICS Energy Ministers’ meeting took place in Gurugram with the theme “Building for Resilience, Innovation, Cooperation and Sustainability”.
- MSME Forum: The 1st BRICS MSME Forum was successfully hosted in Agra, Uttar Pradesh.
MoCA and Delhi International Airport Launch ‘Air Suvidha 2.0’ Portal
The Ministry of Civil Aviation (MoCA) and Delhi International Airport Limited (DIAL) launched ‘AIR SUVIDHA 2.0’, an upgraded contactless Passenger Health Self-Declaration (PHSD) portal to bolster public health surveillance at entry points.
- Background: Launched directly following the WHO’s declaration of the Ebola outbreak in the DRC and Uganda as a Public Health Emergency of International Concern (PHEIC).
- Self-Declaration Requirements: Arriving international passengers must submit an online Self-Declaration Form (SDF) covering a 21-day travel and exposure history up to 24 hours before arriving in India.
- Integrated Data Sharing: Developed with the DGHS, the portal provides real-time data sharing with Airport Health Officers, the Bureau of Immigration, and State Surveillance Officers.
MoSPI Signs SoI with GRAAM for Embark India Development Fellowship
The Ministry of Statistics and Programme Implementation (MoSPI) signed a Statement of Intent (SoI) with the Grassroots Research and Advocacy Movement (GRAAM) to engage fellows under the Embark India Development Fellowship (EIDF).
- Objective: Fellows will undertake research-driven assignments to develop innovative solutions for public policy, data governance, and programme implementation, supporting the Viksit Bharat @2047 vision.
- Structure: The 18-month program features 6-month institutional placements with hands-on training and mentorship by national experts.
- Monthly Stipend: Selected fellows receive a monthly stipend of ₹65,000.
International Affairs
35 Nations, Including India, Sign Statement on AI Opportunity at 2nd Pax Silica Summit
At the 2nd Pax Silica Summit in Washington D.C., 35 nations signed a US-led Statement on Artificial Intelligence aiming to build trusted, resilient supply chains to support next-generation AI technologies.
- Indian Representation: The Indian delegation was led by MeitY Secretary S. Krishnan alongside key industry representatives.
- Global Expansion: The initiative was newly joined by the EU, Germany, the Netherlands, Argentina, Chile, and Greece.
- Pax Silica Initiative: A flagship US State Department initiative covering critical minerals, advanced manufacturing, semiconductors, and AI logistics to ensure global supply chain security.
Banking & Finance
RBI Releases Credit Derivatives Directions 2026 to Expand Risk Management Tools
The Reserve Bank of India issued the “Master Directions – RBI (Credit Derivatives) Directions, 2026” to drastically deepen India’s corporate bond market and provide new risk-management tools.
- New Products: Introduces highly requested products such as Total Return Swaps (TRS) linked to corporate bonds and derivatives on credit indices.
- Eligible Participants: Both residents and persons resident outside India are now eligible to participate in the credit derivatives market.
- Determinations Committee: The RBI mandated the creation of a Credit Derivatives Determinations Committee under FIMMDA to support market development.
Fintech Platform jUMPP Secures NPCI Approval to Operate as TPAP
jUMPP, an AI-driven fintech platform, secured approval from the National Payments Corporation of India (NPCI) to officially operate as a Third-Party Application Provider (TPAP).
- P2P Services: The approval seamlessly integrates UPI payment capabilities, allowing users to make Peer-to-Peer (P2P) transfers, merchant payments, and bill recharges directly within the app.
- Partnership: jUMPP will facilitate these transactions using YES Bank as its dedicated payment service provider bank.
LEXI Receives In-Principle Approval from IFSCA to Operate at GIFT-IFSC
LEXI Money IFSC Private Limited, an AI-powered trade and payments platform, secured in-principle approval from the IFSCA to operate as a Payment Service Provider (PSP) at GIFT-IFSC in Gandhinagar, Gujarat.
- Objective: Designed to strengthen AI-powered cross-border payment infrastructure and simplify international trade collections for Indian exporters.
- Regulatory Milestone: This is the first regulatory stage; LEXI must obtain a final Certificate of Authorisation (CoA) before commencing full-scale operations.
Paisabazaar and SBM Bank India Launch SBM Paisabazaar Paisa+ Credit Card
Paisabazaar partnered with SBM Bank (India) to launch the SBM Paisabazaar Paisa+ Credit Card, an FD-backed secured credit card aimed at helping consumers build their credit profiles while earning rewards.
- FD Interest: Users can open a linked FD starting from ₹2,000 and earn interest rates up to 7% per annum.
- Cashback Offers: Provides 1.5% cashback on online spends (for FDs above ₹10,000) and 1.0% cashback on offline and UPI transactions.
- Annual Fee: Available for a nominal annual fee of ₹499 with zero joining fees.
Awards & Recognitions
Six Youth-Led Startups Win Youth Co:Lab National Innovation Challenge 2026
Six exceptional youth-led sustainability startups won the 8th Youth Co:Lab National Innovation Challenge held at T-Hub, Hyderabad, led jointly by UNDP India, the Citi Foundation, and NITI Aayog’s Atal Innovation Mission.
- Theme Focus: Focused strictly on Responsible Consumption under Mission LiFE (Sustainable Textiles, Circular Economy, and Water Conservation).
- The Winners: NavaPrayoga Labs LLP, UnBubble, and Ecorenowa Solutions won the top prize, each receiving ₹3.5 lakh in seed grants.
- The Runners-up: Eco Cushion, Vasudeva Innovations, and WomenasticCO each received ₹2.2 lakh from a total prize pool of ₹17.1 lakh.
Five-Time World Champion Viswanathan Anand Conferred SJFI Gold Medal
India’s first Chess Grandmaster and FIDE Deputy President, Viswanathan Anand, was conferred the prestigious Sports Journalists’ Federation of India (SJFI) Gold Medal in Chennai.
- The Recognition: Instituted in 2019 to honor outstanding long-term contributions to sports, Anand becomes the 6th recipient, joining legends like Sunil Gavaskar, Prakash Padukone, and P.T. Usha.
- Special Release: During the event, Anand released a 44-page e-book featuring insightful articles by India’s leading Grandmasters and chess writers.
Appointments & Resignations
ACC Appoints Mahesh Dixit as Director of Intelligence Bureau (IB)
The Appointments Committee of the Cabinet, chaired by PM Modi, appointed Mahesh Dixit (a 1993-batch IPS officer) as the next Director of the Intelligence Bureau (IB) for a two-year term.
- The Succession: He will succeed Tapan Kumar Deka, whose second extended tenure ends on June 30, 2026.
- Background: Currently serving as the Special Director and second-in-command of the IB. Notably, Dixit uniquely qualified as a medical doctor before joining the IPS.
- Key Honours: A highly decorated officer, he has received the President’s Police Medal for Distinguished Service (2016) and the Police Medal for Meritorious Service (2009).
Science & Technology
IAF Receives Final Operational Clearance for Indigenous AEW&C System ‘Netra’
The Indian Air Force received Final Operational Clearance (FOC) from DRDO for its indigenous Airborne Early Warning and Control (AEW&C) System, Netra, heavily strengthening airborne surveillance and network-centric warfare capabilities.
- Airframe Base: Integrated onto a modified Embraer EMB-145I twin-engine aircraft platform, equipped with in-flight refueling probes and advanced thermal cooling.
- Capabilities: Delivers an immense detection range of 240–300 km. It replaces legacy radios with high-capability Software Defined Radios (SDR), offering a smaller but highly potent footprint compared to traditional AWACS.
Obituary
Francois Englert, Nobel Laureate and Higgs Boson Theorist, Passes Away at 93
Belgian theoretical physicist Francois Englert passed away in Brussels at the age of 93. He was a foundational scientist who co-developed the theoretical framework explaining how fundamental particles acquire mass.
- Breakthrough: In the early 1960s, Englert and Robert Brout proposed that particles gain mass through a universal field (the Brout-Englert-Higgs mechanism).
- Recognition: He won the 2013 Nobel Prize in Physics alongside British physicist Peter Higgs after their theory was experimentally confirmed by CERN in 2012.
State News
Kerala CM V.D. Satheesan Presents Revised State Budget for FY27
Kerala Chief Minister and Finance Minister V.D. Satheesan presented the revised State Budget for FY27, focusing on infrastructure, social welfare, and balanced fiscal consolidation.
- Fiscal Deficit: The Fiscal Deficit is estimated to drop to 3.46% of the GSDP, down from 3.78% in the previous financial year.
- Key Allocations: Earmarked ₹400 crore for the Mission Samudra initiative to integrate coastlines and ports. Also allocated ₹200 crore for an Aviation Hub, ₹100 crore for a Mineral Corridor, and ₹100 crore for a Life Science City.
Himachal Pradesh Signs Agreements for 19 Hydropower Projects Worth ₹3,336 Crore
The Himachal Pradesh government signed implementation agreements for 19 major hydropower projects, representing a combined capacity of 278 MW and an investment of ₹3,336 crore.
- Aim: To exponentially enhance sustainable energy development and attract clean energy investment into the Himalayan region.
- Energy Expansion: The state recently completed construction on the 150 MW Tidong Stage-I project and signed an MoU with Geo Tropi India Pvt Ltd to tap into geothermal energy, diversifying its green portfolio.
Important Days at a Glance
| Date | Event | Key Theme / Significance |
|---|---|---|
| June 25 | World Vitiligo Day | Theme 2026: "From Stigma to Strength." Symbolized by the color purple to promote awareness, hope, and solidarity regarding the autoimmune disorder. |
| June 25 | Samvidhaan Hatya Diwas | Commemorates the 1975 declaration of the National Emergency, officially designated by the MHA in 2024 to honor those who suffered and safeguard democratic values. |
| June 26 | Int. Day Against Drug Abuse & Illicit Trafficking | Theme 2026: "World Drug Problem: Persisting Issues, New Challenges, Innovative Responses." Led globally by the UNODC. |
| June 26 | Int. Day in Support of Victims of Torture | Marks the 1987 entry into force of the Convention against Torture (CAT). Aims to raise global awareness about the absolute prohibition of torture. |
Current Affairs 27 June 2026 Oneliner Question Answer
1. Which Union Minister unveiled 63 development projects worth over ₹5,028 crore during the 154th Foundation Day of the Mumbai Port Authority (MPA)?
Answer: Sarbananda Sonowal.
2. What was the theme of the 154th Foundation Day of the Mumbai Port Authority (MPA)?
Answer: “Together We Can”.
3. Under whose chairship was the 16th BRICS National Security Advisers' Meeting held in New Delhi?
Answer: Ajit Doval.
4. What was the theme of the 16th BRICS National Security Advisers' Meeting?
Answer: “Non-Traditional Security Challenges Confronting the World Today”.
5. Which ministry jointly launched the Air Suvidha 2.0 portal with Delhi International Airport Limited (DIAL)?
Answer: Ministry of Civil Aviation (MoCA).
6. Which organization developed the Air Suvidha 2.0 portal?
Answer: Directorate General of Health Services (DGHS).
7. Which ministry signed a Statement of Intent (SoI) with GRAAM for the Embark India Development Fellowship (EIDF)?
Answer: Ministry of Statistics and Programme Implementation (MoSPI).
8. How many countries signed the Statement on Artificial Intelligence at the 2nd Pax Silica Summit 2026?
Answer: 35 countries.
9. Which country hosted the 2nd Pax Silica Summit 2026?
Answer: United States of America (USA).
10. Which authority issued the RBI (Credit Derivatives) Directions, 2026?
Answer: Reserve Bank of India (RBI).
11. Which AI-driven fintech platform received NPCI approval to operate as a Third Party Application Provider (TPAP)?
Answer: jUMPP.
12. Which fintech platform received in-principle approval from IFSCA to operate as a Payment Service Provider (PSP) at GIFT IFSC?
Answer: LEXI Money IFSC Private Limited (LEXI).
13. Which bank partnered with Paisabazaar to launch the SBM Paisabazaar Paisa+ Credit Card?
Answer: SBM Bank (India) Limited.
14. How many startups won the Youth Co:Lab National Innovation Challenge 2026?
Answer: Six startups.
15. Which Indian chess legend received the SJFI Gold Medal in 2026?
Answer: Viswanathan Anand.
16. Who was appointed as the Director of the Intelligence Bureau (IB) in June 2026?
Answer: Mahesh Dixit.
17. Which indigenous Airborne Early Warning and Control (AEW&C) system received Final Operational Clearance (FOC) from DRDO?
Answer: Netra.
18. World Vitiligo Day is observed every year on which date?
Answer: 25 June.
19. What is the theme of World Vitiligo Day 2026?
Answer: “From Stigma to Strength”.
20. Samvidhaan Hatya Diwas is observed annually on which date?
Answer: 25 June.
21. International Day Against Drug Abuse and Illicit Trafficking is observed every year on which date?
Answer: 26 June.
22. What is the theme of the International Day Against Drug Abuse and Illicit Trafficking 2026?
Answer: “World Drug Problem: Persisting Issues, New Challenges, Innovative Responses”.
23. International Day in Support of Victims of Torture is observed annually on which date?
Answer: 26 June.
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