Weekly Current Affairs (1–7 June 2026) for UPSC, SSC, Banking & Government Exams

Introduction

The first week of June 2026 witnessed several important developments across governance, economy, defence, science & technology, international relations, banking, and environmental conservation. Key highlights included India's first SkyCast Aviation Weather System, the India-Oman CEPA, India's growing semiconductor ambitions, the BrahMos missile export to Vietnam, RBI's Annual Report 2025-26, and the launch of innovative initiatives such as Samadhan Didi AI Chatbot and the MAHA Water Mission.

These developments are highly relevant for UPSC Prelims & Mains, SSC, Banking, Railways, Defence, Insurance, and State PSC examinations as they cover important government schemes, international agreements, reports, defence technology, and current economic trends.

From an exam perspective, Jun 2026 is important due to:

• Strong Static + Current linkages (Polity, Economy, Environment, Defence)
• Coverage of Government Schemes & Policy Reforms
• Important Reports, Indices, and Data
• Developments in Science & Technology
• Focus on International Relations and Global Events

Overall, this month provides a comprehensive understanding of India’s policy direction, economic priorities, and strategic advancements, making it highly relevant for UPSC, SSC, Banking, Railways, and other competitive exams.

Day-wise Current Affairs

📅 1 June 2026

Read Full Article: Daily Current Affairs - 1 June 2026

SkyCast Aviation Weather Monitoring System Launched

India achieved a major milestone in aviation meteorology with the launch of the SkyCast Aviation Weather Monitoring System at Indira Gandhi International Airport, New Delhi. Developed under Mission Mausam, the system provides advanced weather forecasting and real-time atmospheric monitoring to improve aviation safety. With this launch, India became the 19th country globally to deploy an integrated aviation weather monitoring platform.

The initiative is expected to significantly reduce weather-related disruptions and improve operational efficiency in aviation.

Key Points

• Ministry: Ministry of Earth Sciences
• Mission: Mission Mausam
• Location: IGI Airport, New Delhi
• Weather alerts available up to 3 hours in advance
• Monitors atmospheric conditions up to 3 km altitude
• Supported by IMD, IITM Pune, DIAL and GMR Group

NITI Aayog Releases Semiconductor Roadmap 2035

The Frontier Tech Hub of NITI Aayog released a comprehensive roadmap titled Future of India's Semiconductor Industry, outlining a vision to transform India into a major semiconductor manufacturing and innovation hub by 2035.

The roadmap emphasizes reducing import dependence while strengthening India's capabilities in chip design, fabrication, testing, packaging, and advanced semiconductor materials.

Key Points

• Target semiconductor value chain: USD 120-150 Billion
• Vision Year: 2035
• Target global market share: 10-13%
• Focus on OSAT (Outsourced Semiconductor Assembly and Testing)
• Supports India's digital and strategic autonomy

CSR Reforms Through ZCZP Instruments

The Ministry of Corporate Affairs allowed Corporate Social Responsibility funding through Zero Coupon Zero Principal (ZCZP) Instruments listed on Social Stock Exchanges.

Key Points

• Applicable under CSR Rules 2026
• Supports fundraising for NPOs
• Maximum 10% of annual CSR spending allowed
• Linked to Section 135 of Companies Act, 2013

Odisha Semiconductor Manufacturing Agreement

Odisha signed a major agreement with Intel and 3D Glass Solutions to establish a USD 3.3 billion Glass Core Substrate Manufacturing Facility.

Key Points

• Location: Bhubaneswar-Khurda region
• Supports India Semiconductor Mission
• Expected to generate high-skilled employment
• Project implementation period: 5-6 years

📅 2 June 2026

Read Full Article: Daily Current Affairs - 2 June 2026

PM SVANidhi Completes Six Years

The PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) scheme completed six years, emerging as one of India's most successful financial inclusion initiatives for street vendors.

The scheme has helped millions access institutional credit and integrate into the formal financial ecosystem.

Key Points

• Implemented by Ministry of Housing and Urban Affairs
• Over 1.12 crore loans facilitated
• Assistance exceeds ₹17,800 crore
• Beneficiaries: 75.5 lakh street vendors
• Promotes digital transactions

Sikkim Declared Fully Literate State

President Droupadi Murmu participated in celebrations marking 50 years of Sikkim's statehood and announced that Sikkim had become India's fifth fully literate state under the ULLAS initiative.

Key Points

• Fifth fully literate state in India
• Third fully literate state in Northeast India
• President's Police Colour awarded to Sikkim Police
• President visited strategic Nathu La Pass

India Signs BrahMos Export Deal with Vietnam

India signed a USD 629 million BrahMos missile export agreement with Vietnam, reinforcing India's emergence as a defence exporter and strengthening Indo-Pacific strategic partnerships.

Key Points

• Vietnam becomes second foreign customer
• Includes training and logistics support
• Supports Atmanirbhar Bharat
• Strengthens India-Vietnam defence cooperation

Samadhan Didi AI Chatbot Launched

The Government launched Samadhan Didi, an AI-powered multilingual chatbot integrated with CPGRAMS for grievance redressal.

Key Points

• Developed by DARPG and BHASHINI
• Supports all 22 Scheduled Languages
• Enables voice-based grievance registration
• Enhances citizen-centric governance

AUKUS Underwater Drone Programme

The AUKUS alliance announced development of advanced Uncrewed Undersea Vehicles (UUVs) under Pillar Two.

Key Points

• Members: Australia, UK, USA
• First deployment expected by 2027
• Includes AI, quantum technology and hypersonics
• Enhances Indo-Pacific maritime security

📅 3 June 2026

Read Full Article: Daily Current Affairs - 3 June 2026

India-Oman CEPA Comes Into Force

The India-Oman Comprehensive Economic Partnership Agreement (CEPA) came into effect on 1 June 2026, significantly expanding trade and market access.

The agreement provides unprecedented opportunities for Indian exporters and service professionals.

Key Points

• Duty-free access for 99.38% tariff lines
• Covers 127 services subsectors
• Enhances professional mobility
• Strengthens India's engagement with West Asia

MAHA Water Mission Launched

The Ministry of Jal Shakti and ANRF launched the MAHA Water Mission to promote innovation-driven solutions for India's water security challenges.

Key Points

• Total outlay: ₹200 crore
• Duration: Five years
• Consortium support up to ₹20 crore
• Focus on water quality, conservation and climate resilience

RBI Annual Report 2025-26

The RBI Annual Report highlighted growth in reserve management and banking operations.

Key Points

• RBI balance sheet reached ₹91.97 lakh crore
• Growth: 20.6%
• Gold holdings increased by 63.8%
• Fraud amount rose to ₹48,021 crore

Divyastra Mk-1 Successfully Tested

The Indian Army successfully tested Divyastra Mk-1, an indigenous AI-powered loitering munition system.

Key Points

• Developed by Hoverit
• AI-powered target recognition
• Swarm capabilities
• Supports surveillance and precision strikes
• Tested in Rajasthan

Mesalina bishnoi Discovered

Scientists discovered Mesalina bishnoi, a new lizard species in Rajasthan.

Key Points

• Discovered by Zoological Survey of India
• First confirmed Indian record of genus Mesalina
• Named after the Bishnoi community
• Found near Gajner, Bikaner

📅 4 June 2026

🔗 Read Full Article : Daily Current Affairs - 4 June 2026

Detailed Explanation

India took a major step toward strengthening its air power by issuing a Letter of Request to France for the acquisition of 114 Rafale fighter aircraft under the Multi-Role Fighter Aircraft (MRFA) programme. The proposal supports both defence modernization and the Make in India initiative through domestic manufacturing participation.

The government also launched Mission Senehjori to promote Assam's famous Muga Silk industry. The initiative aims to improve exports, branding, traceability, and GI authentication while supporting local livelihoods.

In the field of research and innovation, the Prime Minister Research Chair (PMRC) Scheme 2026 was launched to attract accomplished Indian-origin researchers from across the world and strengthen India's scientific ecosystem.

Technology remained a major focus as India emerged as the world's 5th most digitalised economy according to the SIDE 2026 Report. The report also highlighted India's growing strength in Artificial Intelligence.

Key Points

• Proposed acquisition of 114 Rafale fighter jets.
• Mission Senehjori launched for Assam's Muga Silk sector.
• PMRC Scheme 2026 launched.
• India ranked 5th most digitalised economy globally.
• DRDO successfully tested RudraM-II missile.
• India finished second at Asian U20 Athletics Championships.

📅 5 June 2026

🔗 Read Full Article : Daily Current Affairs - 5 June 2026

Detailed Explanation

The Union Cabinet approved the ₹9,585 crore Delhi-NCR Vehicle Replacement Scheme, targeting replacement of older commercial vehicles to improve air quality and encourage cleaner transportation technologies.

Another major economic measure was the approval of the ₹10,000 crore Aviation Turbine Fuel (ATF) Price Stabilisation Fund, designed to support airlines during periods of fuel price volatility.

Internationally, the United Nations General Assembly elected five new non-permanent members to the United Nations Security Council (UNSC) for the 2027-2028 term.

The OECD upgraded India's growth forecast, reflecting confidence in the country's economic resilience despite global uncertainties.

Key Points

• Delhi-NCR Vehicle Replacement Scheme approved.
• ₹10,000 crore ATF Stabilisation Fund launched.
• OECD raised India's GDP growth forecast.
• New UNSC non-permanent members elected.
• Navachar Mantra launched for innovators.
• Telangana signed cooperation agreement with Germany's Thuringia.

📅 6 June 2026

🔗 Read Full Article : Daily Current Affairs - 6 June 2026

Detailed Explanation

Infrastructure development received a major boost as the Cabinet Committee on Economic Affairs approved four National Highway projects worth ₹24,249 crore across multiple states. The projects align with the PM GatiShakti National Master Plan.

India joined Project Glasswing, a global cybersecurity initiative led by Anthropic, strengthening the country's cyber resilience through advanced AI-based security systems.

India and the United Kingdom jointly launched the Global Supply Chain Observatory (GSCO) to strengthen critical mineral supply chains essential for clean energy technologies.

The launch of India's first Flex-Fuel Passenger Vehicle, capable of operating on ethanol blends from E20 to E100, represented another important milestone in sustainable transportation.

Key Points

• ₹24,249 crore National Highway projects approved.
• India joined Project Glasswing cybersecurity initiative.
• India-UK GSCO launched.
• StAR NPS platform introduced.
• India's first Flex-Fuel Passenger Vehicle launched.
• National Awards for e-Governance announced.

📅 7-8 June 2026

🔗 Read Full Article : Daily Current Affairs - 7 & 8 June 2026

Detailed Explanation

A landmark achievement in environmental conservation was recorded when Surha Taal in Uttar Pradesh became India's 100th Ramsar Site. This strengthened India's position as the country with the highest number of Ramsar Sites in Asia.

The Reserve Bank of India maintained the Repo Rate at 5.25%, reflecting a balanced approach between inflation control and economic growth.

The National Statistics Office reported that India's GDP grew by 7.7% in FY26, reinforcing India's status among the world's fastest-growing major economies.

In sports, Indian Grandmaster R Praggnanandhaa created history by becoming the first Indian to win the prestigious Norway Chess tournament.

Key Points

• Surha Taal became India's 100th Ramsar Site.
• RBI maintained Repo Rate at 5.25%.
• India's FY26 GDP growth reached 7.7%.
• Saurabh Vijay became CEO of IndiaAI Mission.
• R Praggnanandhaa won Norway Chess 2026.
• Himachal Pradesh signed climate coo