We are here for you to provide the important Recent and Latest Current Affairs 6 June 2024, which have unique updates of Latest Current Affairs 2024 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.
Our Current Affairs June 2024 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Latest Current Affairs Quiz and Monthly Current Affairs 2024 PDF which will be a pedestrian to crack your exams.
Read Current Affairs in CareersCloud APP, Course Name – Learn Current Affairs – Free Course – Click Here to Download the APP
We are Hiring – Subject Matter Expert | CA Video Creator | Content Developers(Pondicherry)
Click here for Current Affairs 5 June 2024
Click here for Affairscloud Hindu Free Vocabs telegram channel
NATIONAL AFFAIRS
MoHFW Signed MoU with MoD To Set Up Dedicated Tele MANAS Cell For Armed Forces
The Ministry of Health and Family Welfare (MoHFW) signed a Memorandum of Understanding (MoU) with the Ministry of Defence (MoD) to facilitate collaboration in operating a special Tele Mental Health Assistance and Networking Across States (Tele-MANAS) Cell.
- Tele MANAS Cell, the National Telemental Health Helpline of MoHFW, is a pilot project for a period of two years at the Armed Forces Medical College (AFMC) in Pune (Maharashtra).
Signatories: The MoU was signed by Aradhna Patnaik, Additional Secretary (AS) & Managing Director (MD) of National Health Mission (NHM)of MoHFW, and Lieutenant General Daljit Singh, Director General (DG) of AFMS in New Delhi, Delhi.
Note: The Tele-MANAS Cell was inaugurated on 1st December, 2023, at the AFMC in Pune by the Chief of Defence Staff (CDS), General Anil Chauhan, PVSM, UYSM, AVSM, SM, VSM in the presence of senior officials from MoHFW.
About Tele-MANAS:
i.Tele MANAS is the digital extension of the District Mental Health Programme (DMHP), offering comprehensive, integrated, and inclusive 24/7 tele-mental health services.
ii.This initiative provides toll-free number, 14416, in each State and Union Territory (UT) for easy access to mental health support.
iii.Presently, there are 51 operational Tele MANAS cells functioning across all 36 States and UTs, offering services in 20 different languages.
iv.Since its inception in October 2022, Tele MANAS has received over 10 lakh calls and manages over 3,500 calls daily.
v.The data indicate a significant demand for mental health services and underscores the importance of addressing mental health issues comprehensively and inclusively, particularly in specialised contexts like the Armed Forces.
About Ministry of Health and Family Welfare (MoHFW)
Union Minister – Dr.Mansukh Mandaviya (Rajya Sabha Gujarat)
Minister of state (MoS) – Bharati Pravin Pawar (Constituency – Dindori, Maharashtra) & S. P. Singh Baghel (Constituency – Agra, Uttar Pradesh (UP)).
AFMS Signed MoU with IIT Hyderabad For Collaborative Research and Training
The Armed Forces Medical Services (AFMS) have signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Hyderabad to collaborate on research and training.
Signatories: The MoU was signed by Director General (DG) of AFMS Lieutenant General Daljit Singh, and Director of IIT Hyderabad Professor Budaraju Srinivasa Murty.
i.The MoU aims to foster innovation and research in developing novel medical devices and addressing health issues specific to soldiers serving in varied terrains.
ii.IIT Hyderabad, with its departments of Biotechnology, Biomedical Engineering, and Bioinformatics, will provide the necessary technical expertise to tackle the diverse medical challenges faced by the Armed Forces.
iii.The areas of collaboration discussed include drone-based patient transport, telemedicine innovations, the application of Artificial Intelligence (AI) in the medical field, and advancements in nanotechnology.
iv.Additionally it also facilitates student exchange programs, short-term courses for undergraduates, and faculty exchange initiatives.
INTERNATIONAL AFFAIRS
QS World University Rankings 2025: IIT Bombay and IIT Delhi among the Top 150; MIT Topped the list
According to the Quacquarelli Symonds (QS) World University Rankings 2025, the Indian Institute of Technology(IIT) Bombay, Mumbai (Maharashtra) and IIT Delhi, New Delhi (Delhi) are the only two Indian Institutes featured among the top 150 Universities on the ranking.
- IIT-B has retained its position as the best higher education Institute in India, with global ranking of 118th in the list. IIT Delhi has improved its rank from 197th (in 2024) to 150th position (in 2025).
- Massachusetts Institute of Technology (MIT), Cambridge, the United States of America (USA) has topped the list globally for the 13th time (2012 and from 2014 to 2025).
Delhi based Guru Gobind Singh Indraprastha University (GGSIPU), formerly known as Indraprastha University (IP university or IPU), has bagged the prestigious “Rising Star” award from the QS World Ranking.
Note: QS World University Rankings 2025, the 21st edition the annual ranking of universities based on eight key indicators. This edition features 1500 universities across 105 Higher education systems.
>> Read Full News
India Participated at ITU’s WSIS+20 Forum High-Level Event Held in Geneva
India participated in the World Summit on the Information Society (WSIS +20) Forum High-Level Event 2024 held in Geneva, Switzerland from 27th to 31st May 2024.
- This marks the 20 years of progress made in the implementation of the outcomes of the WSIS.
- The Indian delegation at WSIS+20 was led by Niraj Verma, Additional Secretary, Department of Telecommunication, Ministry of Communications, Government of India (GoI).
“AI for Good” Global Summit: India Took Over the Baton to Host WTSA 2024 in New Delhi
India also participated in the “AI for Good” Global Summit held at the International Conference Center Geneva (CICG), Geneva, Switzerland from 30th to 31st May 2024.
- The summit was organised by ITU in partnership with 40 UN sister agencies and co-convened with the government of Switzerland.
About International Telecommunication Union (ITU):
ITU was initially established in 1865 as the “International Telegraph Union” and was later renamed as International Telecommunication Union in 1934.
Secretary-General– Doreen Bogdan-Martin
Headquarters– Geneva, Switzerland
>> Read Full News
Over 50% of the World’s Mangroves is at Risk of Collapse, Climate Change Leading Factor: IUCN
According to the International Union for Conservation of Nature (IUCN)’s Red List of Mangrove Ecosystems, over 50% of the world’s mangrove ecosystems are at risk of collapse, with nearly 1 in 5 faces severe risk.
- As per the study, climate change poses serious threats to 33% (1/3rd) of the mangrove ecosystems across the world.
Significance:
i.This is the first global mangrove assessment for the IUCN Red List of Ecosystem(RLE), a global standard for measuring the health of ecosystems.
ii.This is the first time an ecosystem group has been assessed entirely across the earth using the IUCN Red List of Ecosystems.
About International Union for Conservation of Nature (IUCN):
Director-General (DG)- Dr. Grethel Aguilar
Headquarters- Gland, Switzerland
Establishment- 1948
>> Read Full News
ILO’s World Employment and Social Outlook: Global Unemployment Rate to Drop Slightly to 4.9% in 2024
According to the International Labour Organization’s (ILO), World Employment and Social Outlook: May 2024 Update, the global unemployment is projected at 4.9% in 2024, slightly lower than the 5.0% in 2023, contrary to the prior projection (World Employment and Social Outlook Trends 2024 report) of 5.2%.
- The downward trend in joblessness is anticipated to stabilise in 2025, with unemployment persisting at 4.9%.
About the Report:
i.The report unveils a fine global employment landscape, projecting a modest decline in unemployment while highlighting persistent inequalities, particularly impacting women in low-income countries.
ii.The report also analyses current expectations for achieving Sustainable Development Goals (SDGs) related to poverty and informality.
Challenges Persist:
i.The report highlights a persistent lack of employment opportunities.
ii.The ‘jobs gap‘ in 2024 is estimated at 402 million individuals, encompassing 183 million classified as unemployed.
Key Findings:
Gender Disparities:
Women, notably in low-income nations, face disproportionate challenges, with a jobs gap of 22.8%, compared to 15.3% for men.
- While in high-income countries, the rate is 9.7% for women and 7.3% for men.
Note: Globally, only 45.6% of working-age women are employed in 2024, compared to 69.2% of men.
Income Discrepancies:
Women earn significantly less than men, especially in low-income countries, where the figure drops to 44 cents for every dollar earned by men.
- In high-income countries, women earn 73 cents for every dollar earned by men.
Informal Employment:
Informal employment has risen from 1.7 billion in 2005 to 2.0 billion in 2024, slowing progress towards Sustainable Development Goals (SDGs).
About International Labor Organization (ILO):
Director-General– Gilbert Fossoun Houngbo
Headquarters– Geneva, Switzerland
Founded – 1919
BANKING & FINANCE
SEBI Sets Up Ad-hoc Committee To Review Ownership, Eco Structure Of Clearing Corporations
The Securities and Exchange Board of India (SEBI) has set up an Ad-hoc Committee to review the ownership and economic structure of Clearing Corporations (CCs) and to suggest measures to ensure that CCs function as resilient, independent, and neutral risk managers.
- The ad-hoc committee will be chaired by Usha Thorat, former Deputy Governor (2005 to 2010) of the Reserve Bank of India (RBI).
Background:
i.A 2018 report by the Committee on Review of Regulations and Relevant Circulars related to Market Infrastructure Institutions (MIIs), led by R Gandhi (referred to as Gandhi Committee), stated that MII ownership should be diversified and widely owned.
ii.In terms of CCs, the committee stated that, while most clearing corporations in India are 100% owned by a single exchange, it is highly desired that they be widely held because they are risk bearing MIIs.
iii.The committee also stated that with the CCs being sensitive and high risk-bearing and risk managing entities, listing of clearing corporations should not be permitted.
iv.SEBI had laid down norms for the ownership and governance framework of CCs. It proposed that at least 51% of a recognised CC’s paid-up equity share capital be held by one or more stock exchanges. No person resident in India or outside India can hold more than 5% of the paid-up equity share capital in a CC.
v.Some other categories (depository, banking company, insurance company, their foreign counterparts including foreign stock exchange) can hold up to 15% of the paid-up equity share capital.
Key Points:
i.The Ad-hoc committee will examine the feasibility and expand the list of eligible investors who are permitted to take shareholding in a clearing corporation and suggest categories of investors who can acquire shareholding in such corporations.
ii.It will also examine the need to change the shareholding limit of different entities in a clearing corporation.
iii.The current ownership structure of a clearing corporation is dominated by the parent exchange with all clearing corporations under regulatory purview of it being subsidiaries of their parent exchanges.
iv.The Committee is expected to deliberate and suggest ideas for attaining the ideal financial structure for a clearing corporation, which ensures its financial independence and stability.
About Securities and Exchange Board of India (SEBI)
Chairperson – Madhabi Puri Buch
Headquarters – Mumbai, Maharashtra
Established – 1992
PNB & IIFCL Signed MoU to Finance Infrastructure projects
Punjab National Bank (PNB) and India Infrastructure Finance Company Ltd (IIFCL) signed a Memorandum of Understanding (MoU) to provide long-term financial assistance for viable infrastructure projects.
- The MoU was signed in the presence of Atul Kumar Goel, Managing Director (MD) & Chief Executive Officer (CEO) of PNB, and Padmanabhan Raja Jaishankar, MD of IIFCL.
- Under this MoU, the parties can mutually participate through a consortium or multiple lending arrangements, ensuring financial support for prospective borrowers after due diligence.
Note: IIFCL is a wholly-owned ‘Government of India’ company incorporated under the Companies Act in January 2006.
Edelweiss Tokio Life Insurance Rebrands to Edelweiss Life Insurance
Edelweiss Tokio Life Insurance Company Limited has been rebranded as Edelweiss Life Insurance. It has refreshed its logo but retained its brand positioning of ‘zindagi unlimited.’
- This rebranding effort underscores the Edelweiss Life Insurance’s dedication to innovation, simplicity, and a customer-centric approach in the rapidly evolving insurance industry.
- Since inception, the life insurer has grown at a Compound Annual Growth Rate (CAGR) of 40%. In FY24, it reported a Claim Settlement Ratio (CSR) of 99.23%, and a National Pension Scheme (NPS) (indicator of customer satisfaction) of 56.
Note: Edelweiss Life Insurance (formerly Edelweiss Tokio Life Insurance) established nationwide operations in July 2011 and headquartered at Mumbai, Maharashtra.
ECONOMY & BUSINESS
Netherlands Becomes India’s Third Largest Export Destination In FY 24 After US, UAE
As per the data of the Ministry of Commerce and Industry (MOCI), the Netherlands emerged as the third largest export destination in FY24 after the United States of America (USA) and United Arab Emirates (UAE).
India-Netherlands Trade Progress in FY24:
i.India’s exports to the Netherlands increased by 3.5% to USD 22.36 billion in FY24 as compared to USD 21.61 billion in FY23.
- This development comes despite a decline in India’s overall product shipments by more than 3%.
- The trade surplus was mainly due to increase in the shipment of goods which includes petroleum products (USD 14.29 billion), electrical goods, chemicals, and pharmaceuticals.
ii.India’s trade surplus with the Netherlands has increased to USD 17.4 billion in FY24 from USD 13 billion in FY23 .
iii.In FY24, the bilateral trade between India and Netherlands fell slightly to USD 27.34 billion, compared to USD 27.58 billion in FY23.
- The Netherlands is one of India’s major trading partners in Europe, following Germany, Switzerland, the United Kingdom, and Belgium.
- During FY24, India received about USD 5 billion in Foreign Direct Investment (FDI) from the Netherlands. It was USD 2.6 billion in FY23.
iv.The Netherlands has taken over major destinations such as the United Kingdom (UK), Hong Kong (China), Bangladesh, and Germany.
v.The Netherlands has emerged as a European hub, with efficient ports and European Union (EU) connectivity through roads, railways and waterways.
Key Points:
i.In FY22 and FY21, exports to the European country were USD 12.55 billion and USD 6.5 billion, respectively.
ii.Furthermore, in FY22, the Netherlands was the fifth largest destination for Indian exports, compared to the ninth largest in FY21.
iii.In 2000-01, India’s exports to the Netherlands were USD 880 million, after which the exports are registering healthy growth continuously till now.
Additional info:
i.There are over 200 Dutch companies present in India, including Philips, Akzo Nobel, DSM, KLM Royal Dutch Airlines and Rabobank.
ii.Over 200 Indian companies operating in the Netherlands, including all the major IT firms such as Tata Consultancy Services (TCS), Hindustan Computers Limited (HCL), Wipro Limited, Infosys Limited, Tech Mahindra as well as Sun Pharmaceuticals and Tata Steel Limited.
About Netherlands:
Prime Minister (PM) – Mark Rutte
Capital – Amsterdam
Currency – Euro (EUR)
APPOINTMENTS & RESIGNATIONS
SC Reconstitutes Gender Sensitisation and Internal Complaints Committee, Appoints Justice Hima Kohli as Chairperson
On May 31 2024, The Supreme Court of India (SC) re-constituted Gender Sensitisation and Internal Complaints Committee (GSICC). Justice Hima Kohli has been appointed as Chairperson to head the committee.
About the committee:
i.The committee comprises a total of 12 members from various fields.
ii.The appointments have been made by the Chief Justice of India (CJI) Dr. DY Chandrachud in exercise of powers conferred by Clause 4(2) of the Gender Sensitisation & Sexual Harassment of Women at the SC of India (Prevention, Prohibition & Redressal) Regulations, 2013.
- Dr. Sukhda Pritam, Additional Registrar will serve as the Member Secretary.
- Justice BV Nagarathna as member; Advocate Soumyajit Pani as a representative of the Supreme Court Bar Association (SCBA) under Clause 4(2)(c) along with Anindita Pujari; Advocate-on-record as representative of the Advocate-on-record at the SC Association under Article 4(2)(d); Ms. Madhu Chauhan as representative of the SC Advocates Association under Article 4(2)(e).
- The other members include: Shruti Pandey, Professor of Legal Practice, Jindal Global Law School, O.P. Jindal Global University); Jaideep Gupta, Senior Advocate, Senior Member of the SCBA; Dr. Leni Chaudhuri, Executive Director, University of Chicago Centre in India Private Limited; Dr. Menaka Guruswamy, Meenakshi Arora, Mahalakshmi Pavani, Senior Advocates.
About Hima Kohli:
i.Hima Kohli was appointed as Additional Standing Counsel Civil, Government of National Capital Territory of Delhi in the Delhi High Court (HC) in December, 2004.
ii.She was appointed as an Additional Judge of the HC of Delhi on May 29, 2006 and took oath as a permanent Judge on August 29 2007.
iii.She was sworn-in as the Chief Justice of HC of Telangana on January 7 2021.
iv.She was appointed as Judge of SC of India on August 31 2021.
About Supreme Court (SC)of India:
Chief Justice of India (CJI) – Dhananjaya Y. Chandrachud
Headquarters – New Delhi, Delhi
Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah Sworn in As Crown Prince of Kuwait
Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah was officially sworn in as the Crown Prince of Kuwait before the Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah(head of state of Kuwait).
- The sworn-in ceremony was held following an Emiri order which formally nominated Sheikh Sabah as the Crown Prince of Kuwait.
- This nomination also marks the first time a Kuwaiti crown prince is named whose father had not ruled as emir.
About Sheikh Sabah:
i.He has served as Kuwait’s Prime Minister (PM) from 2019 to 2022 and Kuwait’s Foreign Minister from 2011 until 2019. He has also served as Deputy PM and first Deputy PM of Kuwait.
ii.He has also served a Kuwait’s ambassador to Saudi Arabia from 1995 until 1998 and as chief of the national security from 1998 to 2006.
ACQUISITIONS & MERGERS
CCI Approved Acquisition in IRB Infrastructure Trust & MMK Toll Road Pvt Ltd by Cintra
i.On 4th June 2024, the Competition Commission of India (CCI) approved the proposed combination involving the acquisition of IRB Infrastructure Trust (Private InvIT- Infrastructure Investment Trust) and MMK Toll Road Private Limited by Cintra.
ii.The CCI has approved the proposed combination involving the acquisition by IRB Infrastructure Trust (IRB) in Meerut Budaun Expressway Limited (MBEL).
About Competition Commission of India (CCI):
CCI was established on 14 October 2003 under the Competition Act of 2002 and was duly constituted in 2009.
Chairperson – Ravneet Kaur
Headquarters– New Delhi, Delhi
>> Read Full News
IMPORTANT DAYS
World Environment Day 2024 – June 5
The United Nations (UN) World Environment Day (WED) is annually observed across the globe on 5 June to emphasise the critical importance of environmental protection and health.
- The WED event has been led by the United Nations Environment Programme (UNEP), the specialised UN agency on environmental issues, since 1973.
The 2024 theme of the WED campaign is, “Land Restoration, Desertification and Drought Resilience” under the slogan “Our land. Our future. We are #GenerationRestoration.”
Host: The Kingdom of Saudi Arabia is the global host of World Environment Day 2024.
- The Republic of Korea will host WED 2025 with a focus on ending plastic pollution globally.
Background:
i.On 15 December 1972, the UN General Assembly (UNGA) adopted the resolution (A/RES/2994 (XXVII)), designating June 5 as World Environment Day.
ii.The first-ever World Environment Day was observed on 5 June 1973.
About United Nations Environment Programme (UNEP):
Executive Director– Inger Andersen
Headquarters– Nairobi, Kenya
Founded in 1972
>> Read Full News
International Day for the Fight Against Illegal, Unreported and Unregulated Fishing 2024 – June 5
The United Nations (UN)’s International Day for the Fight Against Illegal, Unreported, and Unregulated (IUU) Fishing is annually observed across the globe on 5th June to address the issue of IUU fishing activities, one of the greatest threats to marine ecosystems.
- 5th June 2024 marks the observance of the 7th International Day for the Fight Against IUU Fishing.
Background
i.In December 2017, the United Nations General Assembly (UNGA) in its annual resolution on sustainable fisheries, proclaimed 5th June of every year as the “International Day for the Fight Against IUU Fishing.”
ii.The first-ever UN recognised International Day for the Fight Against IUU Fishing was observed on 5th June 2018.
About Food and Agriculture Organization of the United Nations (FAO):
It is a specialized agency of the UN that leads international efforts to defeat hunger.
Director-General– QU Dongyu
Headquarters– Rome, Italy
Founded in 1945
>> Read Full News
*******
List of Less Important News – Click Here
Current Affairs Today (AffairsCloud Today)