Current Affairs for Competitive Exams: 01 June 2026, Daily Roundup
Current Affairs- 03 June 2026
National Affairs
D.K. Shivakumar to Take Oath as Karnataka CM: Karnataka Congress President D.K. Shivakumar is set to become the 34th Chief Minister of Karnataka, completing the leadership transition from Siddaramaiah.
Cabinet Approves Higher MSP for Kharif Crops: The Union Cabinet approved an increase in the Minimum Support Price (MSP) for all major Kharif crops for 2026–27.
The government maintained the policy of fixing MSP at 1.5 times the cost of production. Higher hikes were given for pulses and oilseeds to encourage crop diversification and reduce edible oil imports.
National Urban Green Canopy Mission Launched: The Ministry of Housing and Urban Affairs launched the National Urban Green Canopy Mission (NUGCM) to increase green cover in cities through the Miyawaki afforestation method. The scheme aims to create mini-forests in million-plus cities and improve urban environmental conditions.
Major Fire Incident in Delhi: At least 21 people lost their lives in a major fire accident in Malviya Nagar, New Delhi, making it one of the city’s deadliest fire tragedies in recent years.
New IIP Base Year Introduced: The government revised the Index of Industrial Production (IIP) base year from 2011–12 to 2022–23. The updated index now includes sectors such as Water Supply and Gas Supply for better industrial measurement.
International Current Affairs
US Sanctions Iran’s Crypto Exchange: The United States imposed sanctions on Nobitex, Iran’s largest cryptocurrency exchange, accusing it of helping Iran bypass Western financial restrictions.
India–Nepal Border Issue: India’s Ministry of External Affairs stated that there is “no role for third parties” in resolving border issues with Nepal after remarks from Nepalese leadership seeking outside involvement.
India–Germany Technology Cooperation: India and Germany discussed stronger cooperation in:
- Quantum communication
- Photonics
- Deep-tech startups
Union Minister Jitendra Singh described science and technology as the strongest pillar of bilateral relations.
Support Rally for Cuba: The AITUC organised a solidarity rally in Kerala supporting Cuba and condemning long-standing US sanctions on the country.
Global Geopolitical Crisis
US–Israel Relations Under Strain: Former US President Donald Trump reportedly criticised Israeli PM Benjamin Netanyahu over Israel’s expanding military action in Lebanon.
Iran Supreme Leader Update: US Secretary of State Marco Rubio stated that Iran’s Supreme Leader Mojtaba Khamenei is alive and increasingly active politically despite remaining away from public appearances.
EU Carbon Border Rules Tightened: The European Union announced stricter implementation of the Carbon Border Adjustment Mechanism (CBAM). The policy may affect Indian exports such as:
- Steel
- Aluminium
- Cement
- Engineering products
India has opposed CBAM at the WTO, calling it a trade barrier.
Defence
RudraM-II Missile Successfully Tested: The DRDO and the Indian Air Force successfully tested the RudraM-II air-to-surface missile, validating its range and precision strike capability.
Rolls-Royce Offers Aero Engine Technology: UK-based Rolls-Royce offered to establish an aero-engine manufacturing complex in India with technology transfer support for the Advanced Medium Combat Aircraft (AMCA) programme.
India–France Air Exercise: The Indian Air Force and French Air Force began the joint exercise “Desert Knight 2026” focusing on:
- Electronic warfare
- Air refuelling
- Maritime strike operations in the Indian Ocean Region
Science & Technology
ISRO Validates ‘Gagan-Mesh’ IoT Network: ISRO successfully tested “Gagan-Mesh”, a low-cost satellite-based Internet of Things (IoT) communication system.
It will help in:
- Disaster warning
- Weather monitoring
- Agricultural data collection
- Ocean observation
Gripen F Fighter Aircraft Rolled Out: Swedish company Saab unveiled the first Gripen F fighter aircraft for the Brazilian Air Force. The aircraft is designed for both training and combat operations.
Boeing Tests MQ-28 Ghost Bat Drone: Boeing successfully conducted stealth testing of the MQ-28 Ghost Bat drone, designed for operations in high-threat environments.
Sports
World Yogasana Sports Championship: PM Narendra Modi praised the upcoming World Yogasana Sports Championship 2026 in Ahmedabad. More than 400 athletes from 60 countries are expected to participate.
India Wins Five Medals in Boxing: India finished the Asian Boxing Championships with five medals, including two gold medals in women’s categories.
Global Observance
World Bicycle Day – 3 June: Observed globally to promote bicycles as an affordable, sustainable, and eco-friendly mode of transport.
World Battery Day – 3 June: Observed on the birth anniversary of Alessandro Volta, inventor of the electric battery, to encourage awareness about energy storage technologies.
Miscellaneous One-Liners Current Affairs
- Tamil Nadu: IPS officer Mahesh Kumar Aggarwal appointed as new DGP.
- Srinagar Airport: Flights may remain suspended twice a week from October for operational work.
- Rajasthan: Severe dust storms affected areas including Churu and Bikaner.
- SIDBI: Launched “Sudarshan” credit accelerator programme for green energy manufacturers.
- Kerala: Draft bill proposed penalties for industries failing to install automated effluent monitoring systems.
- TRIFED: Began efforts to secure a GI tag for Wayanad tribal bamboo crafts.
- Gujarat: ₹1,200 crore approved for modernization of Deendayal Port (Kandla).
- MeitY: Issued cybersecurity advisory for banking apps against advanced malware threats.
- Obituary: Veteran singer Suman Kalyanpur passed away at the age of 89.
