National News
IEPFA and SEBI Launch “Niveshak Shivir” to Empower Investors in Pune
- The Investor Education and Protection Fund Authority (IEPFA) and SEBI launched the first Niveshak Shivir in Pune on June 1, 2025, focusing on helping investors reclaim unclaimed dividends and shares, update KYC and nominations, and learn about the IEPF claim process.
- Over 450 participants benefited from personalized assistance, including a search facility, form filling support, and awareness of common errors.
- A special NSDL brochure was also released to guide investors.
- The initiative reflects a commitment to transparent, investor-centric governance, with more city-wide events to follow.
Celebrating Deendayal Ji’s Vision: Symposium Marks Six Decades of Integral Humanism
- The Government of India commemorated 60 years of Integral Humanism, a philosophy by Pandit Deendayal Upadhyaya, with a national symposium addressed by Shri Shivraj Singh Chouhan.
- The Minister emphasized agriculture as the backbone of the Indian economy, advocated for environmental consciousness through a tree plantation drive, and promoted women’s empowerment via schemes like Lakhpati Didi Yojana.
- He reiterated that Deendayal Ji’s ideology offers a uniquely Indian framework for development grounded in cultural ethos, balanced economics, and social harmony.
State News
Karnataka Enforces Stricter Tobacco Control: Legal Age Raised, Hookah Bars Banned
- Karnataka has tightened its tobacco regulations by enacting the COTPA (Karnataka Amendment) Act, 2024, which raises the legal age for purchasing tobacco to 21, imposes a statewide ban on hookah bars, prohibits the sale of loose cigarettes, and increases the fine for public smoking to ₹1,000.
- The High Court upheld the ban, citing Article 47 of the Constitution.
- These reforms are intended to reduce tobacco addiction and improve public health standards across the state.
International News
Luís Montenegro Reappointed as Portugal’s Prime Minister
- Luís Montenegro has been reappointed as Portugal’s Prime Minister following the final general election results, with his centre-right alliance forming a minority government.
- Despite the surge of the far-right Chega party, Montenegro ruled out near-term constitutional reforms and emphasized priorities like economic growth, healthcare transformation, and improved public services.
- The development reflects a significant shift in Portugal’s political dynamics and sets the tone for pragmatic governance.
Banking News
Asheesh Pandey and Kalyan Kumar Appointed to Top Posts in PSU Banks
- The FSIB has finalized Asheesh Pandey and Kalyan Kumar for the positions of MD & CEO of Union Bank of India and Central Bank of India, respectively, marking a key leadership reshuffle in the public sector banking landscape.
- These appointments follow interviews with 23 candidates and reflect the Bureau’s ongoing efforts to ensure efficient leadership transitions, reinforce good governance, and sustain strategic progress in India’s financial ecosystem.
Economy News
Gross GST Collections Rise 16.4 Percent in May 2025
Appointments News
S. Padmanabhan Appointed Chairman of Tata Chemicals
- S. Padmanabhan has been appointed as the Chairman of Tata Chemicals, marking a new chapter in the company’s leadership.
- An alumnus of IIM Bangalore, he has held strategic roles in TCS, Tata Power, and most recently at Tata Chemicals as a Director.
- Recognized with the Distinguished Alumnus Award in 2008, Padmanabhan’s leadership is expected to steer Tata Chemicals through its next phase of sustainable innovation and global growth.
Rajiv Memani Takes Charge as CII President for FY26
- Rajiv Memani, Chairman and CEO of EY India, has been appointed the new CII President for 2025–26, succeeding Sanjiv Puri.
- With a strong background in global finance and industry leadership, Memani is set to enhance public-private collaboration and drive economic innovation.
- Alongside him, R. Mukundan and Suchitra K. Ella have been named President-Designate and Vice President, respectively.
- Their leadership is expected to reinforce the Confederation’s mission of strengthening India’s industrial growth and promoting global competitiveness.
“WADA’s Leadership Secured: Witold Bańka and Yang Yang Re-Elected for Final Term”
- In a decisive vote, the WADA Foundation Board has granted President Witold Bańka and Vice-President Yang Yang a third and final term (2026–2028) to continue steering the global fight against doping.
- During their tenure since 2020, they have championed athlete-centered reforms, advanced testing technologies, and expanded anti-doping education.
- Their re-election underscores WADA’s commitment to transparency, scientific innovation, and athlete engagement. Over the next three years, they will focus on elevating the athlete experience, strengthening compliance, and fostering collaboration among stakeholders to safeguard the integrity of sport.
Books & Authors News
New Book Revisits Indira Gandhi Era Ahead of Emergency’s 50th Anniversary
- TCA Srinivasa Raghavan’s new book Indira Gandhi and the Years that Transformed India is a deeply researched historical analysis of Indira Gandhi’s tenure, with a spotlight on the Emergency of 1975–77.
- It emphasizes the struggle among democratic institutions, the evolution of executive dominance, and the policy shifts that still influence Indian politics.
- Released ahead of the 50th anniversary of the Emergency, it offers valuable insights into India’s constitutional and political development through an objective lens.
Defense News
Air Marshal Jasvir Singh Mann Appointed Senior Air Staff Officer of Western Air Command
- Air Marshal Jasvir Singh Mann has assumed the role of Senior Air Staff Officer in the Western Air Command of the Indian Air Force, bringing with him a vast range of operational and strategic experience, having served in several critical commands and earned prestigious honours during his decades-long career in the armed forces.
Maiden Visit of EUNAVFOR Ships to India Marks Strengthening of Maritime Ties
- In a historic first visit, European Union Naval Force (EUNAVFOR) ships — ESPS Reina Sofia and ITS Antonio Marceglia — docked in Mumbai from 26 May to 1 June 2025.
- The port call featured Subject Matter Expert Exchanges (SMEEs), a Table Top Exercise, and discussions with the Indian Navy on boosting maritime security cooperation.
- These engagements serve to enhance interoperability, reflect the outcomes of the 4th India-EU Maritime Security Dialogue, and underscore shared interests in tackling piracy, smuggling, and IUU fishing in the Indian Ocean Region (IOR).
Ranks & Reports News
Delhi’s IGIA Among Top 10 Airport Hubs in Asia-Pacific & Middle East
- Delhi’s IGIA Airport has been ranked among the top 10 hub airports in Asia-Pacific and the Middle East by the Airports Council International (ACI APAC & MID).
- It is the only Indian airport to achieve this feat, with seamless connectivity to 153 destinations. The new Hub Connectivity Index evaluated the effectiveness of airport hubs, recognizing IGIA’s alignment with India’s vision of becoming a global aviation transit hub.
Sports News
D Gukesh Defeats Magnus Carlsen in Norway Chess 2025
Science & Technology News
India’s First AI SEZ to Be Set Up in Nava Raipur with ₹1,000 Crore Investment
- India is taking a major step in AI infrastructure by launching its first AI-focused Special Economic Zone (SEZ) in Nava Raipur, Chhattisgarh, with a ₹1,000 crore investment by RackBank Datacenters.
- This carbon-neutral data hub aims to foster AI research, development, and employment, offering incentives under the SEZ framework. It is expected to attract global tech giants like Google, Microsoft, and OpenAI, and will provide job opportunities to local youth while supporting digital transformation nationwide.
China Launches Tianwen-2 to Collect Asteroid Samples in Bold Space Leap
- China launched the Tianwen-2 mission on May 30, 2025, targeting asteroid 2016HO3 for sample collection and later exploring comet 311P.
- Led by CNSA, the mission is designed to yield scientific insights about the solar system’s origins, particularly Earth’s water sources.
- The mission represents China’s growing role in deep-space exploration, further advancing its space technology after previous successes like Tianwen-1 and its lunar missions.
Important Days News
Global Day of Parents 2025: Honoring the Pillars of Human Development
- The Global Day of Parents, celebrated on June 1, recognizes the immense contributions parents make toward the well-being and development of children. In 2025, global institutions focused on supporting positive parenting, mental health, and inclusive caregiving.
- With origins dating back to UN resolutions in the 1990s, the day emphasizes that strong family structures are crucial for achieving the Sustainable Development Goals (SDGs).
- The observance brings together global voices to celebrate, support, and empower parents worldwide.
Current Affairs Today | 1-2 June Current Affairs 2025 | Daily Current Affairs By Ashish Gautam