🇮🇳 National News
India and Kyrgyzstan exchanged the Instrument of Ratification for a new Bilateral Investment Treaty (BIT) in New Delhi.
The treaty replaces the 2000 agreement and aims to:
- Ensure a stable, transparent, and predictable investment environment
- Strengthen investor protection
- Promote cross-border investments
- Enhance economic cooperation between the two countries
Countries: India & Kyrgyzstan | Replaces: 2000 BIT | Signed in: New Delhi
The Government of India launched the Ayush Nivesh Saarthi digital portal to attract domestic and foreign investment in traditional medicine and wellness.
Developed by the Ministry of Ayush with Invest India, the platform integrates:
- Policies
- Incentives
- Project facilitation
The initiative supports India’s growing presence in the global wellness economy.
Portal: Ayush Nivesh Saarthi | Ministry: Ayush | Partner: Invest India | Purpose: Investment facilitation in wellness sector
Prime Minister Narendra Modi inaugurated the Chenab Railway Arch Bridge in Jammu and Kashmir, the highest railway bridge in the world.
The bridge is a key part of the Udhampur–Srinagar–Baramulla Rail Link (USBRL) and significantly enhances all-weather connectivity in the region.
Name: Chenab Railway Arch Bridge | Location: Jammu & Kashmir | Record: World’s highest railway bridge | Project: USBRL
The Himachal Pradesh government launched an initiative to distribute steel water bottles to school students to reduce single-use plastic.
The move supports the state’s vision of becoming plastic-free and encourages eco-friendly habits among children.
🌐 International News
The United Nations General Assembly elected five countries as non-permanent members of the UN Security Council for the 2026–27 term:
- Latvia (first time on the Council)
- Bahrain
- Colombia
- Liberia
- Democratic Republic of Congo
Term: 2026–27 | New Members: Latvia, Bahrain, Colombia, Liberia, DRC | First-timer: Latvia
💼 Business & Economy
Central Bank of India completed the acquisition of:
- 91% stake in Future Generali India Insurance
- 25.18% stake in Future Generali India Life Insurance
The bank invested over ₹500 crore, strengthening its presence in the insurance sector.
Acquirer: Central Bank of India | Investment: ₹500+ crore | Stakes: 91% (General) & 25.18% (Life)
Private sector banks recorded their slowest loan growth in FY25, dropping to below 10%.
Key trends:
- Retail loans continued to dominate credit expansion
- Fixed deposits with interest rates above 7% increased significantly
FY25 Loan Growth: <10% | Dominant Segment: Retail Loans | FD Rates: >7%
🛡️ Defence
Dassault Aviation and Tata Advanced Systems Limited (TASL) signed agreements to manufacture Rafale fighter jet fuselages in Hyderabad.
This marks the first time Rafale fuselages will be produced outside France, boosting India’s defence manufacturing capability.
Partners: Dassault Aviation & TASL | Location: Hyderabad | Product: Rafale Fuselages | First time: Outside France
🏅 Sports
Veteran Indian spinner Piyush Chawla announced his retirement from all forms of cricket.
He was part of India’s victorious squads in:
- 2007 T20 World Cup
- 2011 ODI World Cup
Player: Piyush Chawla | Role: Leg Spinner | World Cup Wins: 2007 T20 & 2011 ODI
📅 Important Days
World Food Safety Day is observed on 7 June to raise awareness about food safety and its role in preventing foodborne diseases.
“Food Safety: Science in Action”
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