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Current Affairs 7 & 8 June 2026
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NATIONAL AFFAIRS
Surha Taal in UP’s Ballia designated as India’s 100th Ramsar Site
In June 2026, the Ministry of Environment, Forest and Climate Change (MoEF&CC) officially designated Surha Taal, which is officially known as Jai Prakash Narayan Bird Sanctuary, located in Ballia district of Uttar Pradesh (UP) as India’s 100th Ramsar Site and the 13th Ramsar Site in UP, recognizing it as a Wetland of International Importance under the Ramsar Convention.
- The announcement was made at the World Environment Day (observed June 05) programme, organised in Lucknow, UP.
- This milestone has made India the country with the highest number of Ramsar Sites in Asia and one of the leading nations globally in terms of Ramsar-recognized wetlands.
Key Highlights:
Total Ramsar Sites in India: With this latest addition, the total number of ramsar sites in India has increased from 26 to 100 (in the last 11 years), while the number of ramsar sites in UP has increased to 13.
- As of June 2026, the total number of Ramsar sites in the world is 2,595 (Surha Taal as 2,595th such site globally).
Surha Taal: It is a natural perennial oxbow lake, situated in the Ganga and Saryu river, was formed from a meander of the Ganga river and receives freshwater inflow through three channels.
- It is a key winter resting site for migratory birds along the Central Asian Flyway, hosting species like: Bar-headed Goose, Eurasian Teal, Red-crested Pochard, Green Sandpiper, among others.
Overview of President of Myanmar U Min Aung Hlaing’s Visit to India from May 30 to June 3, 2026
U Min Aung Hlaing, President of the Republic of the Union of Myanmar undertook a 5-day official Visit to India from 30 May to 3 June 2026, at the invitation of Prime Minister (PM) Narendra Modi. This marked his 1st-ever official tour to India as well as 1st foreign trip since he was sworn-in as Myanmar’s President in April 2026.
Key Highlights of Visit:
Visit to Bodh Gaya: On May 30 2026, Myanmar President Hlaing arrived at the airport in Bodh Gaya, Bihar. He offered prayers at Mahabodhi Temple, Mahabodhi Meditation Centre and Sujata Temple.
High-level Meetings in Delhi: During his visit to New Delhi, the President of Myanmar held bilateral talks with PM Narendra Modi, during which they reviewed bilateral, regional and global issues of mutual interest and explored ways to strengthen bilateral relations.
India-Myanmar Business Forum: Myanmar’s President Hlaing attended the India-Myanmar Business Conclave, organised by the Confederation of Indian Industry (CII) in partnership with Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), in New Delhi.
GoI Forms 6 Sector-specific Groups to identify 100 Products to Boost Manufacturing
In June 2026, the Government of India (GoI) formed 6 sector-specific working groups who have been tasked to identify a maximum of 100 products to boost domestic manufacturing and reduce India’s reliance on imports.
- These newly constituted groups will be chaired by Amardeep Singh Bhatia, Secretary of Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoC&I).
Key Details:
Key Objectives: This move of GoI regarding the formation of 6 new groups also aims to strengthen India’s manufacturing sector both at local and global level, and reduce the outflow of foreign exchange.
Focus Areas: The six groups will specifically focus on sectors like: pharmaceuticals, biotech and medical devices, chemicals and petrochemicals, textiles and footwear, capital goods, automotive and electric vehicles, advanced capital goods, energy, construction equipment and infrastructure, and defence and aerospace (only for items with civilian applicability) and electronics.
Members : These groups comprise representatives from different ministries and departments such as: DPIIT, MoC&I; National Institution for Transforming India (NITI Aayog); pharmaceuticals, economic affairs, textiles, chemicals, among others.
Timeline:The newly constituted working groups have been tasked with finalizing and submitting their respective lists of identified products to the Cabinet Secretariat within three weeks.
BANKING & FINANCE
Highlights of RBI’s 2nd Bi-monthly Monetary Policy FY2025-26: Policy Rates kept Unchanged
The Reserve Bank of India (RBI) conducted the 61st and 2nd Bi-monthly Monetary Policy Committee (MPC) meeting of Financial Year 2026-27 (FY27) from June 3 to 5, 2026 under the chairmanship of Sanjay Malhotra, Governor, RBI.
- The MPC members Dr. Nagesh Kumar, Saugata Bhattacharya, Ram Singh, Dr. Poonam Gupta and Indranil Bhattacharyya attended the meeting.
RBI keeps the Repo Rate unchanged at 5.25% and Maintains ‘Neutral’ Stance
Rate Unchanged: The MPC voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25%.
- Consequently, the Standing Deposit Facility (SDF) rate remains at 5.00% and the Marginal Standing Facility (MSF) rate and the Bank Rate at 5.50%.
- The MPC also decided to continue with the neutral stance, indicating rates may go up or reduce further.
Reason: Uncertainty arising from geopolitical conflicts, supply-chain disruptions, and food inflation risks made the MPC to maintain the repo rate unchanged.
Gross Domestic Product (GDP) Forecast: The real GDP growth for FY27 is projected at 6.6%
Inflation Projection: The Consumer Price Index (CPI) inflation is projected to be at 5.1% for FY27
ECONOMY & BUSINESS
NSO’s Provisional Estimates for FY26: India’s GDP Grew 7.7% in FY26; Q4 growth accelerates to 7.8%
In June 2026, the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) released the Provisional Estimates (PE) of Annual Gross Domestic Product (GDP) for Financial Year 2025-26 (FY26) and Quarterly Estimates of GDP for 4th Quarter (Q4: January-March) of FY26 along with its expenditure components both at Constant (2022- 23) and current prices.
- As per NSO’s latest data, India’s GDP for full FY26 stood at 7.7%, which is 60 basis points (bps) higher than 7.1% recorded in FY25, reflecting continued momentum across agriculture, manufacturing, construction, and services sectors despite global economic uncertainties.
- The latest estimates use 2022-23 as base year, a revised GDP series (from previous 2011-12 base year) which was introduced by MoSPI in February 2026.
Key Details:
Growth Estimates for full FY26: Real GDP or GDP at Constant (2022-23) prices is estimated at Rs 323.12 lakh crore in FY 26, compared to Rs 299.89 lakh crore in First Revised Estimates (FRE) of GDP for FY25.
- Nominal GDP or GDP at Current Prices saw the growth rate of 8.9% in FY26 over 9.7% in FY25. It is estimated to reach at Rs 346.36 lakh crore in FY26, up from Rs 318.07 lakh crore in the previous financial year.
Growth Estimates for Q4FY26: Real GDP or GDP at Constant (2022-23) Prices is estimated at Rs 87.77 lakh crore in Q4FY26 compared to Rs 81.40 lakh crore in Q4 of FY 225, registering a growth of 7.8%.
The Nominal GDP saw a growth rate of 9.1% in Q4FY26. It is estimated to reach at Rs 94.65 lakh crore in Q4FY26 as against Rs 86.75 lakh crore in Q4FY25.
India Slipped to 7th in Global Market cap Rankings Overtook by South Korea
In June 2026, India slipped to the 7th spot in global market capital (mcap) rankings, with a total market valuation of USD 4.84 trillion, replaced by South Korea which moved to 6th spot with USD 5.01 trillion market valuation, based on Bloomberg data.
- Earlier in May 2026, India was pushed to 6th spot by Taiwan which now ranked 5th spot with a total market valuation of USD 5.15 trillion.
Key Details:
Key Reason: The drop in India’s overall global ranking is mainly attributed to factors like: heavy foreign selling, weak earnings growth and limited exposure to Artificial Intelligence (AI)-linked stocks.
- So far in 2026, the foreign investors have withdrawn USD 26.4 billion from Indian stocks.
- In addition, India’s share in the Morgan Stanley Capital International(MSCI) Global Standard Index has decreased sharply from 21% (in September 2024) to 12.3%.
Top Countries: The United States of America (USA) ranked at 1st spot with USD 79.1 trillion mcap; followed by China (USD 16.3 trillion); Japan (USD 8.9 trillion) and Hong Kong, Special Administrative Region (SAR) of China (USD 7.6 trillion).
Air India, Riyadh Air Sign Agreement to Boost India–Saudi Air Connectivity
In June 2026, Air India, the flag carrier airline of India, and Saudi Arabia’s new premium national carrier Riyadh Air signed a Memorandum of Understanding (MoU) to enhance premium travel options, streamline bookings, and expand flight connectivity between India, Saudi Arabia, and global destinations.
Key Details of MoU:
Objective: The MoU aims to enhance global connectivity between India, Saudi Arabia, and other global destinations by leveraging the hubs of
New Delhi (Delhi), Mumbai (Maharashtra), and Riyadh (Saudi Arabia).
Significance: The initiative enhances premium travel options, strengthens India–Saudi aviation connectivity and economic-cultural ties, supports global network expansion, and promotes technology-driven operational efficiency in airline services.
Collaboration: The partnership explores collaboration in loyalty programmes, cargo services, operational support, and digital initiatives to enhance passenger experience, while strengthening India–Saudi ties and supporting growing demand for business, tourism, and family travel.
Integration: Subject to regulatory approvals, both airlines plan interline and codeshare arrangements to enable seamless travel with single-booking convenience and smooth hub-to-hub connections.
Air India: Since its privatization under the Tata Group in 2022, Air India has expanded its global reach through 25 codeshare agreements and 120 interline partnerships.
APPOINTMENTS & RESIGNATIONS
UIDAI CEO Saurabh Vijay takes Additional Charge as CEO of IndiaAI Mission
In June 2026, Saurabh Vijay, Chief Executive Officer (CEO) of the Unique Identification Authority of India (UIDAI), assumed additional charge as the new CEO of IndiaAI (Artificial Intelligence) Mission, under the Ministry of Electronics and Information Technology (MeitY).
- He succeeds Abhishek Singh, who has assumed charge as Director General (DG) of the National Testing Agency (NTA).
- Sudeep Shrivastava, Joint Secretary, MeitY, has assumed charge as Chief Operating Officer (COO) of IndiaAI Mission.
About Saurabh Vijay:
Profile: He is a 1998-batch Indian Administrative Service (IAS) officer of the Maharashtra cadre.
Previous Role: Before joining UIDAI, he served as Principal Secretary (Expenditure) in the Finance Department, Government of Maharashtra.
State Government Roles (Maharashtra): Served across pivotal departments, including Principal Secretary (Planning and Development Commissioner), Principal Secretary (Tourism), Secretary (Medical Education), and Secretary (Higher and Technical Education).
Central Roles: Held the position of Director at the President’s Secretariat in New Delhi, Delhi.
SPORTS
Norway Chess 2026: R Praggnanandhaa Becomes First Indian to Win in Open Section; Bibisara Assaubayeva Wins Women’s Title
Norway Chess 2026, the 14th edition of the annual international chess tournament, featuring both the Open section and the 3rd Norway Chess Women’s tournament, was held in Oslo, Norway, from 25 May to 5 June 2026, bringing together some of the world’s leading chess players.
- Indian Grandmaster (GM) Rameshbabu Praggnanandhaa won the Open section, becoming the first Indian to claim the prestigious title after defeating Vincent Keymer of Germany in the 10th and final round.
- GM Bibisara Assaubayeva of Kazakhstan clinched the Women’s title after securing first place in Round 9 with a draw against defending champion Anna Muzychuk (Ukraine).
About Norway Chess 2026:
Overview: The tournament featured six players from five nations in the Open section and six players from four nations in the Women’s section.
Prize money: Each of the Norway Chess and Norway Chess Women tournaments carried a prize fund of NOK 1.69 million (Norwegian Krone), with the winner receiving NOK 700,000.
Triumph: R Praggnanandhaa became the first Indian to win the Norway Chess Open section with 18 points, staging a remarkable comeback from last place after six rounds to finish ahead of GMs Wesley So (United States of America, USA), Alireza Firouzja (France), and Magnus Carlsen (Norway).
OBITUARY
Former Asian Games Shot Putter and Arjuna Awardee Balwinder Singh Dhaliwal Passed Away
In June 2026, F\former Asian Games shot put bronze medallist and Arjuna Awardee Balwinder Singh Dhaliwal, popularly known as ‘Baba Dhaliwal’, passed away at the age of 67 in Chandigarh.
- He was conferred with the Arjuna Award, one of India’s highest sporting honours, in 1987 in recognition of his outstanding contribution to Indian athletics.
About Balwinder Singh Dhaliwal
Athletics Career: A 10-time national champion (1981–92), he won a bronze medal at the 1982 Asian Games and secured silver(1983), gold(1985), and bronze(1987) medals at the Asian Athletics Championships, besides setting an Asian record of 18.71 metres(m) in shot put in 1986 at an international meet in New Delhi, Delhi.
Honours: He was awarded the Maharaja Ranjit Singh Award in 1983 and was also featured in the Limca Book of Records in 1988 for his sporting achievements.
IMPORTANT DAYS
World Environment Day 2026 – June 5
The United Nations (UN’s) World Environment Day (WED) is observed annually across the globe on 5 June to raise awareness and encourage action for environmental protection and sustainability.
- 5 June 2026 marks the 54th anniversary of the WED.
- 2026 Theme: “Inspired by Nature. For Climate. For Our Future,”
Background:
Origin: The United Nations General Assembly (UNGA) adopted Resolution A/RES/2994 (XXVII) on 15 December 1972, officially designating 5 June as WED.
1st Observance: The first WED was observed on 5 June 1973.
Date Significance: The date marks the opening of the United Nations (UN) Conference on the Human Environment, also known as the Stockholm Conference, held from 5–16 June 1972 in Stockholm, Sweden, the first major United Nations (UN) conference devoted exclusively to global environmental issues.
2026 Hosts: The Republic of Azerbaijan is hosting the global WED 2026 celebrations in Baku, Azerbaijan, while India hosted the global celebrations for the first time in 2011.
World Day Against Speciesism 2026 – June 5
The World Day Against Speciesism (WDAS) is observed annually on 5 June to raise awareness against discrimination based on species and to promote the idea that speciesism, like racism or sexism, has no value in a civilized society.
Background:
Organisational Support: WDAS is supported by animal rights organisations such as People for the Ethical Treatment of Animals (PETA) and the Farm Animal Rights Movement (FARM) aligned with the United Nations’ World Environment Day.
Related Observance: World Day for the End of Speciesism (WoDES) is observed annually on 31 August worldwide since 2015 to raise awareness about ending discrimination based on species.
Origin: The term ‘Speciesism’ was coined in 1970 by psychologist and ethicist Dr. Richard D. Ryder in one of his essays.
UN Russian Language Day 2026 – June 6
The United Nations (UN’s) Russian Language Day is observed annually across the world on 6 June to celebrate the cultural richness of the Russian language and its contribution to global heritage.
- June 6, 2026 also commemorates the 227th birth anniversary of Alexander Sergeevich Pushkin (1799–1837), widely regarded as the father of modern Russian literature.
Background:
UN Initiative: The UN Department of Public Information (DPI), now the Department of Global Communications (DGC), launched the ‘Language Days at the UN’ initiative in 2010 to promote multilingualism and cultural diversity.
UNGA Endorsement: In 2017, the United Nations General Assembly (UNGA) formally welcomed the observance of days dedicated to all six official UN languages, including Russian.
UNESCO’s Support: During its 215th Executive Board session in 2022, United Nations Educational, Scientific and Cultural Organisation (UNESCO) highlighted the importance of proclaiming and celebrating language days to preserve linguistic diversity.
Significance: Russia observes 6 June as Pushkin Day to honour Alexander Sergeevich Pushkin, the father of modern Russian literature.
International Seaweed Day 2026 – June 4
International Seaweed Day is observed annually on June 4 across the globe to raise awareness about the environmental, economic, and nutritional importance of seaweed.
- The day highlights the role of seaweed in supporting sustainable food systems, climate change mitigation, marine biodiversity conservation, and the blue economy.
About International Seaweed Day 2026 :
Significance: The day marks the launch of the Seaweed Manifesto, a collaborative United Nations (UN)-supported initiative, that aims to highlight the critical role of seaweed in ensuring food security, mitigating climate change and restoring marine ecosystems.
Event in India: In June 2026, the Mandapam Regional Centre of Indian Council of Agricultural Research-Central Marine Fisheries Research Institute (ICAR-CMFRI), Tamil Nadu(TN), in partnership with SNAP Natural and Alginate Products, Ranipet, TN, organised a Seaweed farmers/collectors interaction meet at its camp in Ramanathapuram district of Tamil Nadu (TN), to celebrate the International Seaweed Day 2026.
World Pest Day 2026 – June 6
World Pest Day, also known as World Pest Awareness Day is observed every year across the world on 6 June to raise awareness of pest management in protecting health, food, property, and the environment.
- 2026 Theme: “Defending Health Across Borders: The Global Power of Pest Management”
Background:
Initiators: World Pest Day was initiated by the Chinese Pest Control Association (CPCA) and co-sponsored by the Federation of Asian and Oceania Pest Managers’ Associations (FAOPMA), National Pest Management Association (NPMA), and Confederation of European Pest Management Associations (CEPA).
Inaugural Event: Held on 6 June 2017 at Beijing Hotel, Beijing, China, with around 300 participants from the media, academia, and pest management industry.
STATE NEWS
HP Government Signs MoU with UNDP to Promote Climate-Resilient and Sustainable Development
In June 2026, the Government of Himachal Pradesh (HP) signed a Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) to strengthen climate-resilient development, environmental sustainability, biodiversity conservation, and inclusive growth across the state.
- The agreement was signed by Sushil Kumar Singla, Administrative Secretary for the Environment, Science, Technology, and Climate Change department in the Government of HP and Angela Lusigi, Resident Representative of UNDP in the presence of Chief Minister (CM) Thakur Sukhvinder Singh Sukhu, in Shimla, HP.
Highlights of the MoU:
Aim: The partnership aims to support HP in achieving sustainable development by integrating global best practices with local solutions, while protecting the fragile Himalayan ecosystem and promoting green livelihood opportunities.
Key Focus Areas: The partnership focuses on circular economy and waste management, biodiversity conservation, climate resilience, inclusive and gender-responsive development, and the creation of sustainable livelihood opportunities for local communities across HP.
Safai Mitra Scheme: On the occasion, HP CM Thakur Sukhvinder Singh Sukhu launched the Safai Mitra Scheme aimed at empowering informal waste management workers across HP.
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Current Affairs Today (AffairsCloud Today)
| Current Affairs 7 & 8 June 2026 |
|---|
| Surha Taal in UP’s Ballia designated as India’s 100th Ramsar Site |
| Overview of President of Myanmar U Min Aung Hlaing’s Visit to India from May 30 to June 3, 2026 |
| GoI Forms 6 Sector-specific Groups to identify 100 Products to Boost Manufacturing |
| Highlights of RBI’s 2nd Bi-monthly Monetary Policy FY2025-26: Policy Rates kept Unchanged |
| NSO’s Provisional Estimates for FY26: India’s GDP Grew 7.7% in FY26; Q4 growth accelerates to 7.8% |
| India Slipped to 7th in Global Market cap Rankings Overtook by South Korea |
| Air India, Riyadh Air Sign Agreement to Boost India–Saudi Air Connectivity |
| UIDAI CEO Saurabh Vijay takes Additional Charge as CEO of IndiaAI Mission |
| Norway Chess 2026: R Praggnanandhaa Becomes First Indian to Win in Open Section; Bibisara Assaubayeva Wins Women’s Title |
| Former Asian Games Shot Putter and Arjuna Awardee Balwinder Singh Dhaliwal Passed Away |
| World Environment Day 2026 – June 5 |
| World Day Against Speciesism 2026 – June 5 |
| UN Russian Language Day 2026 – June 6 |
| International Seaweed Day 2026 – June 4 |
| World Pest Day 2026 – June 6 |
| HP Government Signs MoU with UNDP to Promote Climate-Resilient and Sustainable Development |
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