Banking and Financial Awareness:
- Sunil Mehta Committee Formed for Faster Resolution of Stressed Assets.
- Credit Enhancement Fund of Rs 500 Crore is Coming.
- SEBI explores ways for direct listing of Indian firms abroad.
- SEBI constitutes Group to review Institutional Trading Platform (ITP) framework.
- MARG ERP Limited Partners with ICICI Bank.
- Fitch Ups India Growth Forecast to 7.4% For FY'19.
- Inflation Rises to 14-Month High of 4.43% In May.
- HDFC Bank’s Proposal to Raise Additional Share Capital Approved.
- RBI Releases Draft Guidelines to Modify Loan System for Large Borrowers.
- HDFC, 5th Biggest Consumer Financial Services Company Worldwide by Forbes.
- Paytm Tops by Volume and Axis Bank Tops by Value by SBI’s Annual Report on Mobile Banking Rank.
Appointments
- Former NIA Chief Sharad Kumar will lead the CVC as the Vigilance Commissioner.
- Former World Bank Economist Omar Al-Razzaz Sworn in as Jordan PM.
- World's Most Experienced Spacewoman Peggy Whitson Retires as Astronaut.
- Dr. Inder Jit Singh Assumes Charge as Secretary, Ministry of Coal.
- Georgia's PM Giorgi Kvirikashvili Resigns.
- Sharad Kumar Appointed Vigilance Commissioner in CVC.
- Arvind Saxena Appointed as Acting UPSC Chairman.
- Indian-American Dhivya Suryadevara to Become CFO of General Motors.
Honour, Awards and Ranks
- Narendra Singh Tomar Confers National Awards on Best Performing Self Help Groups.
- Sulabh Founder, Bindeshwar Pathak Honoured with Japan's Nikkei Asia Prize.
- Virat Kohli Receives Polly Umrigar Trophy at Annual BCCI Awards.
- India stands 177th at the bottom of the Global Environment Performance Index (EPI) rankings.
Obituary
- Veteran Journalist Adiraju Venkateswara Rao Passes Away.
MOU’s, Agreement and Summits
- The 18th SCO summit in Qingdao concludes with a declaration to combat terrorism.
- International Conference on Information and Communication Technology (ICT) will be held in Kathmandu.
- India, US Agree to Hold Comprehensive Talks to Address Trade & Economic Issues.
- International Conference On ICT to Be Held in Kathmandu.
- Conference On Implementation of NPS by The CABs Held in Delhi.
- 44th G7 Summit Was Held in Canada.
Important News- World
- Mauritius is going to host the 11th World Hindi Conference.
- Trump and Kim Sign Agreement On Denuclearization After Historic Talks.
Important Dates
- 12 June 2018: World Day Against Child Labour.
- World Blood Donors Day: 14 June.
- The theme is ‘Be there for someone else. Give blood. Share life’.
Important News- India
- Deadline to achieve Dam Safety extended till 2020.
- FDI inflows into India rose to around 3% to US $ 61.96 billion in 2017-18 compared to US $60.08 billion in 2016-17.
- Swachh Bharat Mission: Rural Sanitation coverage crosses the 85% mark.
- The government of India has decided to replace Annual Employment Unemployment Survey by Periodic Labour Force Survey (PLFS) prepared by Ministry of Statistics and Programme Implementation.
- Piyush Goyal Launched Rail Madad and Menu on Rails Apps.
- Ten new iconic sites have been taken up under Phase III of the flagship project Swachh Iconic Places (SIP) of the Swachh Bharat Mission.
- The Ministry of Culture, Government of India came up with a new scheme named as ‘Seva Bhoj Yojna’.
- The Department of Telecom (DoT), launched 5,000 WiFi choupals in partnership with CSC (Common Service Center) which will provide 60,000 WiFi hotspots in rural areas.
- NITI Aayog has given permission to 3,000 additional schools to set up Atal Tinkering Labs under its Atal Innovation Mission (AIM).
- V K Singh Flags Off 1st Batch of Kailash Mansarovar Yatra.
- Govt Approves 33% Increase in Carpet Area of Houses Under PMAY-U
- 3,000 Additional Atal Tinkering Labs Announced.
- India Gives 99 Million Nepalese Rupees for Final Phase of Nepal-Bharat Maitri Irrigation Project.
- India’s 1st National Police Museum to Come Up in Delhi.
- President Kovind to Embark On 3-Nation Visit to Greece, Suriname and Cuba.
- President Ram Nath Kovind to Launch Solar Charkha Mission.
- The Centre for Railway Information System (CRIS) has developed a mobile-based application ‘utsonmobile'.
- India to Host European Union Film Festival.
Business, Science and Technology
- A team of scientists from the Physical Research Laboratory, Ahmedabad have made a sensational achievement by spotting for the first time a distant planet six times bigger than Earth and revolving around a Sun-like star about 600 light years away.
- Flipkart-owned PhonePe has partnered cab aggregator Ola.
Defence
- The 22nd edition of the Malabar exercise has kicked off on June 7.
- India to Host 1st BIMSTEC Military Exercise.
Important News- States
- Andhra Pradesh leads the way to Clinical Hygiene.
- Tripura is honoured by none other than the "Queen" variety of pineapple.
- PM Modi Inaugurates Developmental Projects in Chhattisgarh.
- Bihar CM Inaugurates, Lays Foundation Stones for Schemes Worth Rs 875 Crore.
Sports News
- Indian football team captain Sunil Chhetri became the joint second highest international goal scorer among active players along with Argentine superstar Lionel Messi.
- Smriti Mandhana to Become 1st Indian to Play in England's Kia Super League.
- United States, Mexico and Canada Win Right to Host 2026 FIFA World Cup.
- Rafael Nadal won 11th French Open title.
- India Bags 3 Medals at Umakhanov Memorial Boxing Tournament in Russia.
- American fighter Ronda Rousey to Be the First Female Hall of Famer in UFC.
- India Beat Kenya to Lift Intercontinental Cup Football Title.