🇮🇳 National News
Prime Minister Narendra Modi arrived in Bratislava, Slovakia on 15 June 2026 as part of his six-day diplomatic tour to France and Slovakia. This is the first-ever visit by an Indian Prime Minister to Slovakia since its independence in 1993 — a landmark diplomatic milestone. PM Modi held talks with Slovak Prime Minister Robert Fico and met President Peter Pellegrini to explore new avenues of bilateral cooperation.
| Detail | Info |
|---|---|
| Visit Duration | 14–16 June 2026, Bratislava, Slovakia |
| Slovak PM | Robert Fico |
| Slovak President | Peter Pellegrini |
| Sectors Discussed | Trade, investment, automobile & railway manufacturing, AI, quantum technologies, medical research |
| Welcome Protocol | Traditional bread and salt (Slovak symbol of hospitality); Lucnica Ensemble performed Vande Mataram |
| Historical Significance | First Indian PM to visit Slovakia since its independence (1993) |
- Build-up visits: Preceded by President Murmu’s visit to Slovakia (April 2025) and Slovak President Pellegrini’s visit to India for the AI Impact Summit (February 2026).
- Full tour itinerary: Nice, France (13 June) → Bratislava (14–16 June) → G7 Summit, Evian (16–17 June) → VivaTech Paris (18 June) — India’s 8th consecutive G7 invitation.
PM Modi in Slovakia: 14–16 June 2026 — first Indian PM visit since Slovak independence (1993). Slovak PM: Robert Fico; President: Peter Pellegrini. Venue: Bratislava. Welcome: bread and salt + Lucnica Ensemble (Vande Mataram). Tour context: France → Slovakia → G7 Evian (16–17 June) → VivaTech Paris (18 June). India’s 8th consecutive G7 invitation.
The Government of Gujarat unveiled its new Industrial Policy 2026 on 15 June 2026 at Mahatma Mandir, Gandhinagar. The policy was launched by Chief Minister Bhupendra Patel and Deputy Chief Minister Harsh Sanghavi (Industries portfolio), setting a fresh roadmap to accelerate industrial growth, attract investment, and expand employment.
| Detail | Info |
|---|---|
| Launched by | CM Bhupendra Patel & Deputy CM Harsh Sanghavi |
| Venue | Mahatma Mandir, Gandhinagar |
| New Category | ‘Ultra Mega’ — for large industrial projects with major investment & employment commitments |
| Thrust Sectors | Expanded from 9 to 16 priority sectors |
| New Sectors Added | Semiconductor supply chains, nuclear power equipment, drones & robotics, recycling industries, heavy equipment manufacturing |
- Key Pillars: Ease of Doing Business; Advanced Manufacturing; MSME support; Technology adoption; Innovation and job creation.
- Significance: Positions Gujarat as India’s leading industrial and investment destination; builds on the legacy of Vibrant Gujarat Summits.
Gujarat Industrial Policy 2026 launched 15 June 2026, Mahatma Mandir, Gandhinagar. Launched by CM Bhupendra Patel + Deputy CM Harsh Sanghavi. New: ‘Ultra Mega’ project category. Thrust sectors: expanded from 9 → 16 (added: semiconductor supply chains, nuclear power equipment, drones & robotics, recycling, heavy equipment). Builds on Vibrant Gujarat Summit legacy.
The Insolvency and Bankruptcy Code (IBC), 2016 completed 10 years of transformative operation. PIB released a dedicated explainer highlighting IBC’s landmark achievements in reforming India’s credit ecosystem, strengthening creditor rights, and reviving distressed companies.
| IBC Milestone | Detail |
|---|---|
| Enactment | 2016 — replaced SICA, Companies Act provisions, SARFAESI |
| Resolution Plans (as of March 2026) | 1,419 cases; creditors realised over Rs 4 lakh crore (~95% of fair value; ~167% of liquidation value) |
| Company Revival Rate | ~58% of 7,102 closed cases (4,099 companies rescued); 42% were previously defunct / before BIFR |
| Pre-Admission Settlements | 30,000+ cases involving Rs 14 lakh crore settled — strong deterrent effect |
| IBC Amendment 2026 | Enacted 6 April 2026; notified 25 May 2026 — biggest overhaul; improves timelines, creditor rights, certainty |
| Regulatory Body | Insolvency and Bankruptcy Board of India (IBBI) |
| Adjudicating Body | National Company Law Tribunal (NCLT) |
The IBC 2016 consolidated India’s fragmented insolvency laws into a single, time-bound framework. It operates through licensed Insolvency Professionals (IPs) and Information Utilities (IUs) under the IBBI, with cases adjudicated by the NCLT. The IBC Amendment Act 2026 (notified 25 May 2026) is the most significant overhaul since enactment.
IBC: 10 years (2016–2026). Replaced: SICA, Companies Act provisions, SARFAESI. Recovery: Rs 4 lakh crore from 1,419 resolution plans (~95% of fair value; ~167% of liquidation value). Revival: ~58% of 7,102 cases (4,099 companies saved). Pre-admission settlements: 30,000+ cases; Rs 14 lakh crore. Regulatory body: IBBI. Adjudicator: NCLT. IBC Amendment 2026: enacted 6 April, notified 25 May 2026.
Indian Naval Sail Training Ship INS Sudarshini arrived at Antigua (Antigua and Barbuda, Caribbean) after completing a historic trans-Atlantic crossing, as part of its ongoing long-distance overseas deployment. The voyage underscores the Indian Navy’s sail training capabilities and deep-sea navigation proficiency.
- Vessel: INS Sudarshini — Indian Navy’s dedicated sail training vessel (brigantine).
- Historic first: First Indian Navy vessel to complete a trans-Atlantic crossing to Antigua.
- Strategic significance: Strengthens India-Caribbean maritime ties.
- Training purpose: Long-distance sail training for Indian Navy officers — builds seamanship, navigation, endurance, and leadership skills at sea.
INS Sudarshini — Indian Navy’s sail training vessel (brigantine); arrived at Antigua, Antigua & Barbuda (Caribbean) after trans-Atlantic crossing. First Indian Navy vessel to complete this voyage. Strengthens India-Caribbean maritime ties.
💼 Business & Economy
The World Bank (WB) released its Global Economic Prospects (GEP), June 2026 report, raising India’s economic growth forecast for FY2026-27 (FY27) by 10 basis points to 6.6% (up from 5.6% projected in January 2026). India’s GDP growth for FY28 is projected to further accelerate to 7.2%.
| Period | India GDP Growth | Note |
|---|---|---|
| FY25 (actual) | 7.1% | – |
| FY26 (estimate) | 7.7% | – |
| FY27 (forecast) | 6.6% | Raised by 10 bps (was 5.6% in Jan 2026 GEP) |
| FY28 (projection) | 7.2% | Strong rebound projected |
| Global (2026) | 2.5% | Lowest since COVID-19; worst case: 1.3% |
World Bank GEP June 2026: India FY27 growth = 6.6% (raised by 10 bps; was 5.6% in Jan 2026). FY26 estimate: 7.7%. FY28 projection: 7.2%. Global growth 2026: 2.5% — lowest since COVID-19. India remains among world’s fastest-growing major economies.
In June 2026, Elon Musk, CEO of Space Exploration Technologies Corporation (SpaceX), became the world’s first trillionaire after SpaceX raised a record USD 75 billion through its June 2026 Initial Public Offering (IPO), listed on the Nasdaq Stock Exchange, New York.
| Detail | Info |
|---|---|
| SpaceX IPO Size | USD 75 billion — largest IPO in history (surpassing Saudi Aramco IPO, 2019) |
| Exchange | Nasdaq Stock Exchange, New York |
| Shares Sold | 555.6 million Class A shares at USD 135 each |
| SpaceX Valuation | ~USD 1.77 trillion |
| Musk’s Net Worth | ~USD 1.1 trillion (SpaceX stake: USD 866.5 bn + Tesla: USD 286.2 bn) |
| Voting Control Retained | 84.4% voting power (~849.5 mn Class A + 5.57 bn Class B shares) |
- Previous record: Saudi Aramco IPO (2019) was the prior largest public offering in history — now surpassed.
- Conditional awards: Some stock awards remain contingent on long-term milestones including a permanent Mars colony and large-scale space-based data-centre infrastructure.
Elon Musk = world’s first trillionaire (June 2026). SpaceX IPO: USD 75 billion — listed on Nasdaq; largest IPO in history (surpassed Saudi Aramco 2019). SpaceX valuation: ~USD 1.77 trillion. Musk’s net worth: ~USD 1.1 trillion. Musk retained 84.4% voting power.
🌐 International News
The FIFA World Cup 2026 — the 23rd edition of the tournament — is underway, having kicked off on 11 June 2026 with the opening match between co-hosts Mexico and South Africa at the iconic Estadio Banorte (Estadio Azteca) in Mexico City. The tournament runs from 11 June to 19 July 2026 across three co-hosting nations — the first World Cup ever hosted by three countries.
| Detail | Info |
|---|---|
| Edition | 23rd FIFA World Cup |
| Co-Hosts | USA (11 cities), Mexico (3 cities), Canada (2 cities) |
| Teams | 48 (expanded from 32) |
| Total Matches | 104 (72 group stage + 32 knockout) |
| Opening Match | Mexico vs South Africa — Estadio Banorte (Azteca), Mexico City (~87,500 capacity) |
| Opening Ceremony | Shakira performed ‘Dai Dai’ (official song) alongside Burna Boy |
| Final | 19 July 2026, MetLife Stadium, East Rutherford, New Jersey, USA |
FIFA World Cup 2026 is the first World Cup co-hosted by three nations (USA, Mexico, Canada). It features an expanded 48-team format (previously 32) with 104 total matches. The Final venue is MetLife Stadium, East Rutherford, New Jersey — the largest stadium ever to host a World Cup Final.
FIFA WC 2026: 23rd edition; 11 June – 19 July 2026. First to have 3 co-hosts (USA, Mexico, Canada). 48 teams (expanded from 32); 104 matches. Opening: Mexico vs South Africa, Estadio Banorte (Azteca), Mexico City. Opening ceremony performer: Shakira (‘Dai Dai’) + Burna Boy. Final: 19 July 2026, MetLife Stadium, East Rutherford, New Jersey.
The World Economic Forum (WEF) released its 2026 Technology Pioneers Cohort, selecting 100 early-stage companies from 23 countries for reshaping industries and society through breakthrough innovations in AI, energy, quantum computing, biotechnology, climate innovation, space, and advanced manufacturing.
| Country | Startups in 2026 Cohort |
|---|---|
| USA | 43 (highest) |
| China | 10 |
| UK | 8 |
| India | 9 |
- India’s representation: 9 Indian startups selected (down from 10 in 2025 list); total Indian firms selected by WEF in history: 28 (including Agnikul Cosmos, Cropin, Digantara).
- Focus areas: Artificial Intelligence (AI), Energy, Quantum Computing, Biotechnology, Climate Innovation, Space, Advanced Manufacturing.
- Engagement: Selected companies contribute to WEF initiatives over a two-year period.
- WEF HQ: Davos/Geneva, Switzerland — Founded 1971; Annual Meeting: Davos, January.
WEF Technology Pioneers 2026: 100 companies from 23 countries. India: 9 startups (was 10 in 2025); total historical: 28 Indian firms. Top country: USA (43); China (10); UK (8). WEF HQ: Davos/Geneva, Switzerland; founded 1971.
👔 Appointments
The Government of India (GoI) appointed Lieutenant General Dhiraj Seth, PVSM, UYSM, AVSM as the next Chief of Army Staff (CoAS), effective from the afternoon of 30 June 2026, upon the retirement of incumbent General Upendra Dwivedi (PVSM, AVSM). The appointment was announced by the Ministry of Defence on 13 June 2026.
| Detail | Info |
|---|---|
| Numerical Position | 31st Chief of Army Staff of the Indian Army |
| Effective Date | Afternoon of 30 June 2026 |
| Current Role | 49th Vice Chief of Army Staff (VCAS) since 1 April 2026 |
| Corps | Armoured Corps — first Armoured Corps CoAS in ~30 years (last: Gen Shankar Roychowdhury, retired Sept 1997) |
| Commissioning | December 1986, IMA Dehradun — 2nd Lancers (Gardner’s Horse) |
| Distinguished Commands | 1st Horse (Skinner’s Horse); XXI (Sudarshan Chakra) Corps; Delhi Area; South Western Command; Southern Command |
| Awards | PVSM, UYSM, AVSM |
| Predecessor | Gen Upendra Dwivedi, PVSM, AVSM |
Lt Gen Dhiraj Seth = 31st CoAS; effective 30 June 2026; announced by MoD on 13 June 2026. Corps: Armoured Corps — first such CoAS in ~30 years (last: Gen Shankar Roychowdhury, Sept 1997). Commissioned: Dec 1986, IMA Dehradun (2nd Lancers). Currently: 49th VCAS (since 1 April 2026). Awards: PVSM, UYSM, AVSM. Predecessor: Gen Upendra Dwivedi.
The Government of India (GoI) nominated Sanjay Lohiya, Secretary of the Department of Financial Services (DFS) under the Ministry of Finance (MoF), as a Non-Executive Director on the Central Boards of both the Reserve Bank of India (RBI) and the State Bank of India (SBI). The appointment is valid until further orders.
| Detail | Info |
|---|---|
| Appointee | Sanjay Lohiya — 1994-batch IAS, Assam-Meghalaya Cadre |
| Current Role | Secretary, Department of Financial Services (DFS), MoF |
| Predecessor at DFS | M. Nagaraju (Lohiya succeeded as DFS Secretary on 1 June 2026) |
| Previous Roles | Addl Secretary, Ministry of Mines; Principal Secretary to CM of Assam; Joint Secretary, MoAFW; Director, PMO |
| RBI Central Board | Apex policy & governance body of RBI; established 1 April 1935; HQ: Mumbai |
| SBI Central Board | Governing body of India’s largest public sector bank; HQ: Mumbai; established 1955 |
Sanjay Lohiya (DFS Secretary; 1994-batch IAS, Assam-Meghalaya Cadre) nominated as Non-Executive Director on RBI & SBI Central Boards. Predecessor at DFS: M. Nagaraju (Lohiya took over 1 June 2026). RBI: est. 1 April 1935; HQ: Mumbai. SBI: est. 1955; India’s largest PSB; HQ: Mumbai.
📅 Important Days
World Elder Abuse Awareness Day (WEAAD) is observed globally every year on 15 June. In 2026, the United Nations Department of Economic and Social Affairs (DESA), together with the International Network for the Prevention of Elder Abuse (INPEA) and the Office of the High Commissioner for Human Rights (OHCHR), marked WEAAD 2026 through a special side event on the margins of the 19th session of the Conference of States Parties to the CRPD (COSP19) at UN Headquarters, New York.
| Detail | Info |
|---|---|
| 2026 Theme | ‘Beyond Awareness: Making Elder Abuse Prevention Work’ |
| Date | 15 June (annually) |
| Established | First launched 15 June 2006 by INPEA and WHO at the United Nations |
| Awareness Colour | Purple |
| Key Statistic | 1 in 6 people aged 60+ experience some form of abuse each year (WHO) |
| Organising Bodies | UN-DESA, INPEA, OHCHR |
| SDG Links | SDG 3 (Good Health & Well-being); SDG 10 (Reduced Inequalities) |
Observed annually on 17 June; proclaimed by UNGA in 1994. Linked to the United Nations Convention to Combat Desertification (UNCCD) — the only legally binding international agreement linking environment and development to sustainable land management. UNCCD HQ: Bonn, Germany. One of three Rio Conventions adopted at the 1992 Rio Earth Summit (alongside UNFCCC and CBD).
WEAAD 2026 Theme: ‘Beyond Awareness: Making Elder Abuse Prevention Work’. Date: 15 June (annually). First launched: 15 June 2006 by INPEA + WHO. Colour: purple. Stat: 1 in 6 persons aged 60+ abused annually (WHO). Organising bodies: UN-DESA, INPEA, OHCHR. SDGs: SDG 3 + SDG 10. World Day to Combat Desertification & Drought: 17 June; UNCCD (HQ: Bonn); one of 3 Rio Conventions (1992) (with UNFCCC, CBD).
🕊️ Obituaries
Renowned Indian shooting coach, former Asian Games gold medallist and Padma Shri awardee Jaspal Rana passed away in June 2026 in New Delhi at the age of 49. Born in 1976 in Uttarakhand, Jaspal Rana was a dominant force in international pistol shooting throughout the 1990s and 2000s.
| Award / Achievement | Year |
|---|---|
| Arjuna Award | 1994 |
| Padma Shri | 2002 |
| Dronacharya Award (Coaching) | 2020 |
- Coaching legacy: Served as junior national coach since 2012; coached high-performance athletes including Saurabh Chaudhary; played a pivotal role in Manu Bhaker’s bronze medals at the Paris 2024 Olympics.
- Significance: Among India’s most decorated pistol shooters; leaves a legacy spanning 3+ decades in Indian shooting.
Jaspal Rana — former Asian Games gold medallist (pistol shooting); born 1976, Uttarakhand; passed away June 2026, New Delhi, aged 49. Awards: Arjuna (1994), Padma Shri (2002), Dronacharya (2020). Coached Saurabh Chaudhary and Manu Bhaker (Paris 2024 Olympics bronze medals).
Thailand’s Princess Bajrakitiyabha Mahidol — a lawyer, diplomat, and the eldest child of King Maha Vajiralongkorn — passed away in June 2026 at the age of 47 at a Bangkok hospital. She was widely recognised for her work in justice reform, women’s rights, and prison rehabilitation.
| Detail | Info |
|---|---|
| Full Name | Princess Bajrakitiyabha Narendiradebyavati (‘Bha’ / ‘Patty’) |
| Father | King Maha Vajiralongkorn (Current Monarch of Thailand) |
| Education | Law at Cornell University, USA |
| Diplomatic Role | Thailand’s Ambassador to Austria (2012–14) |
| UN Role | UNODC Goodwill Ambassador (appointed 2017) |
| Key Contribution | ‘Kamlangjai’ campaign for rehabilitation of imprisoned women; significant role in adoption of UN Bangkok Rules |
| Thailand Capital | Bangkok; Currency: Thai Baht (THB) |
Princess Bajrakitiyabha Mahidol of Thailand — passed away June 2026, Bangkok, aged 47. Eldest daughter of King Maha Vajiralongkorn. Studied law at Cornell University (USA). Thailand’s Ambassador to Austria (2012–14). UNODC Goodwill Ambassador (2017). Led ‘Kamlangjai’ campaign; role in UN Bangkok Rules adoption. Thailand capital: Bangkok; currency: Thai Baht (THB).
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