June 2024

Current Affairs June 2024

India, South Korea, USA, Japan & EU Launch Biopharmaceutical Alliance

India, South Korea, Japan, the United States of America (USA), and the European Union (EU) have come together to form a groundbreaking alliance aimed at strengthening the supply chain in…

Over 50% of the World’s Mangroves at Risk of Collapse Due to Climate Change: IUCN

According to the International Union for Conservation of Nature (IUCN)’s Red List of Mangrove Ecosystems,…

Assam Launches ‘Mukhya Mantri Nijut Moina’ Scheme to Promote Girl Education

On June 12, 2024, the Chief Minister of Assam, Himanta Biswa Sarma, announced the launch…

New Postal Law: Post Office Act 2023 Comes into Effect, Repeals British Colonial-Era Legislation

The Ministry of Communication (MoC), Government of India (GoI), has announced the implementation of "The…

Mazagon Dock Shipbuilders Receives Navratna Status; CEL Gets Mini Ratna (Category-1) Status

The Department of Public Enterprises (DPE), under the Ministry of Finance (MoF), has conferred the…

Latest June 2024

RBI’s Greenfield Next-Gen Data Centre to Begin Operations in FY25

The Reserve Bank of India (RBI) has initiated a project to construct…

RBI’s Financial Stability Report June 2024: Overview and Key Concerns

The Reserve Bank of India's (RBI) latest Financial Stability Report (FSR) for…

RBI to Facilitate Opening Rupee Accounts Outside India

The Reserve Bank of India (RBI) has announced a significant move to…

MSPs Ensure Minimum Return of 50% Over Cost of Production for Kharif and Rabi Crops

The government has ensured that the Minimum Support Prices (MSPs) for both…

Increase in Counterfeit Notes Detected by RBI in FY 2023-24

The Reserve Bank of India (RBI) has reported a significant increase in…

RBI’s FY24 Income Rises 17% to Rs. 2.75 Lakh Crore; Expenditure Declines by 56%