Current Affairs

JSW Infrastructure gains 5% after winning key Kolkata port container terminal project

Shares of JSW Infrastructure gained nearly 5 percent on Tuesday after the company secured a major port infrastructure project from the Syama Prasad Mookerjee Port Authority (SMPA).

JSW Infrastructure shares were trading at Rs 281 on the NSE, up 4.67 percent.

In an exchange filing, the company said it has received a Letter of Award (LoA) from SMPA for the integrated development of the Outer Container Terminal comprising two berths and five berths at Netaji Subhas Dock (NSD) under the Kolkata Dock System.



Meet Indian-Origin Man Behind Drone Boat That Rescued US Pilots From Hormuz

A US Navy drone boat, which was used to rescue the pilot and co-pilot of an Apache helicopter that was shot down by Iranian forces near the Strait of Hormuz, was developed by a Texas-based company co-founded by Indian-American Vibhav Altekar. The rescue mission was a first of its kind, where the US military used an autonomous surface vessel, remotely piloted by a human operator, to recover personnel at sea.

The US Armed Forces have been using the drone boat Corsair, developed by Saronic Technologies, for quite some time. The 24-foot-long Corsair runs on diesel fuel and can travel at speeds of up to 35 knots and has a range of more than 1,000 nautical miles. It is reportedly powered by artificial intelligence (AI) and can carry a load of up to 1,000 pounds.

The boat is part of the US Navy's Task Force 59 -- which oversees uncrewed vessels and other drones powered by AI -- under the Pentagon's push to expand unmanned vehicles alongside traditional assets.



Centre opts for new Rs 13,000 cr airport in Great Nicobar over INS Baaz expansion

The Centre's ambitious Rs 81,000-crore Great Nicobar Island (GNI) development project is being driven by strategic and economic imperatives in the Indo-Pacific, with a new civilian-cum-naval airport planned as a key component after authorities reportedly concluded that expanding the existing INS Baaz naval air station was not a viable option.

The clarification comes amid growing political and environmental scrutiny of the mega project, including criticism from Congress leader Rahul Gandhi, who recently alleged that the development plan was aimed at benefiting private business interests rather than serving national objectives.

According to defence ministry sources quoted by PTI and ANI, the Centre evaluated multiple options, including expansion of INS Baaz at Campbell Bay, before deciding to build a greenfield airport near Galathea Bay as part of the broader development plan.



India, world's 5th-largest military spender, dwarfs Pakistan with $92 bn defence spend

India retained its position as the world's fifth-largest military spender and the second-largest importer of major arms, according to the Stockholm International Peace Research Institute (SIPRI). This, once again, reflects New Delhi's continued push to modernise its armed forces amid a rapidly evolving global security environment.

The findings, published in SIPRI Yearbook 2026, state that India's military expenditure reached $92.1 billion in 2025, marking an 8.9 percent jump from the previous year. The report, released on June 8, places India behind only the U.S., China, Russia and Germany in defence spending.

Notably, the latest assessment comes months after the Centre announced a record defence allocation of around $85 billion in the Union Budget, with Defence Minister Rajnath Singh describing the increase as "unprecedented" and necessary to equip the armed forces with fighter jets, drones, submarines, warships and other critical military platforms.



President Murmu to confer Padma awards on June 23

President Droupadi Murmu will present the coveted Padma awards to noted personalities, including actors and R. Madhavan, as well as Satish Shah, whose kin will receive it posthumously, during the second round of the civil investiture ceremony on June 23, officials said on Monday (June 8, 2026).

The President has approved the conferment of 131 Padma awards this year – five Padma Vibhushans, 13 Padma Bhushans and 113 Padma Shri. At the ceremony on May 25, she had conferred two Padma Vibhushans, six Padma Bhushans and 58 Padma Shris.



President Murmu presents Gallantry Awards to Armed Forces, Police Personnel

President Droupadi Murmu conferred Gallantry Awards to the personnel of the Armed Forces, Central Armed Police Forces, and State and Union Territory Police during the Defence Investiture Ceremony at Rashtrapati Bhawan this evening. Vice President C P Radhaskrishnan, Prime Minister Narendra Modi, Defence Minister Rajnath Singh, along with other Union Ministers and senior officials of the armed forces, were also present on the occasion.

The President conferred seven Kirti Chakras, 15 Vir Chakras and 29 Shaurya Chakras to the personnel of the Defence Forces, Central Armed Police Forces and State and Union Territory Police during the Ceremony. Inspector Laxman Kewat and Inspector Rameswar Prasad Deshmukh of Chhattisgarh Police were honoured with the Shaurya Chakra for their exceptional courage during anti-naxal operations in the state.

Major Aditya Pratap Singh was given Shaurya Chakra for exceptional bravery in foiling a major attack by insurgents in Arunachal Pradesh. Lance Naik Meenatchi Sundaram A was awarded Kirti Chakra for his indomitable spirit and exceptional bravery, wherein, despite being severely injured, he neutralised one hardcore terrorist in Jammu and Kashmir.



Rare yellow puffball mushroom discovered in Arunachal Pradesh’s Longding district

A rare bright yellow puffball mushroom discovered in Arunachal Pradesh’s Longding district could mark the first recorded occurrence of the species in the region, drawing attention to the largely unexplored fungal diversity of the Eastern Himalayas.

The mushroom was documented during a field survey conducted in Zedua village on June 4 by researchers from ICAR Krishi Vigyan Kendra.

Scientists have preliminarily identified the specimen as Bovista colorata, commonly known as the yellow puffball mushroom, based on its distinctive spherical shape and striking yellow fruiting body.

The observation was made by Dr. Deep Narayan Mishra, who serves as a Subject Matter Specialist (Plant Pathology) at KVK Longding.



World Yogasana Championships 2026: India completes century of golds in dominant clean sweep

Hosts India signed off the inaugural World Yogasana Championships campaign with 114 medals that included a century of gold (102) to underline their domination at the EKA Arena here on Monday.

Second-place Japan were a distant second with three gold, three silver and five bronze, with Argentina taking the third spot thanks to their lone athlete, Nabila Barraza's exploits of two gold and three silver, according to a press release.

Neighbours Nepal were the second most successful contingent in terms of number of medals won as they clinched a total of 52 medals, including one gold, 36 silver and 15 bronze to finish fifth on the medal standings. Uzbekistan finished with 25 medals, including one gold, 13 silver and 11 bronze.



Fitch cuts India's FY27 GDP forecast to 6.4%, warns of US-Iran war impact

Fitch Ratings on Tuesday lowered its GDP growth projections for the current fiscal to 6.4 per cent from the earlier estimate of 6.7 per cent, saying that the US-Iran war will slow down the economy in the September and December quarters.

Fitch said it expects a slowdown in economic growth in FY27 from the 7.4 per cent clocked in FY26 as rising prices erode real incomes and dampen consumer spending, amid resilient capital expenditure.

"We expect GDP growth to ease to 6.4 per cent in FY27, a downward revision of 0.3pp from March. Domestic demand will be the main driver of growth, but lower imports in real terms imply positive contributions to growth from net external demand," Fitch Ratings said in its June Global Economic Outlook.



TN CM to launch Singappen Special Force for women protection

Tamil Nadu Chief Minister C Joseph Vijay will launch the Singappen Special Force on Tuesday evening aimed at providing enhanced protection to women and children in the state.

This dedicated police unit will strengthen the government's efforts in protecting women and children through monitoring and patrolling of public places, identifying vulnerable places and taking remedial steps.

It will also ensure police visibility and build confidence among the people, prevent harassment in public places, and work towards a people-driven movement for women and child-friendly society, the government said.