What is the current extreme poverty rate in India according to the World Bank?

As per the World Bank, India's extreme poverty rate fell to 5.3% in 2022-23, reflecting significant progress in poverty alleviation despite the revised poverty threshold of $3 per day.

Daily Current Affairs 9th June 2025, Important News Headlines (Daily GK Update) |

National News

India’s Extreme Poverty Rate Falls to 5.3% in 2022-23: World Bank Report

India’s extreme poverty has dramatically decreased over the past decade, with the rate falling to 5.3% in 2022-23 despite an upward revision of the poverty threshold to $3 per day.
According to the World Bank, this translates to 171 million people lifted above the poverty line, demonstrating the impact of consistent economic growth and effective welfare schemes.
The narrowing of the rural-urban poverty gap and significant reductions in poverty levels across both sectors illustrate India’s inclusive development model.
However, challenges remain with economic uncertainties and global risks potentially affecting future progress.

State News

IAF Officer Manisha Padhi Becomes India’s First Female ADC to a Governor

Squadron Leader Manisha Padhi has become the first female Aide-De-Camp (ADC) in Indian history to be appointed to a Governor, marking a significant moment in the Indian Armed Forces.
Appointed to serve the Governor of Mizoram, this landmark posting reflects India’s growing commitment to gender inclusivity in military ceremonial roles.
With prior experience across multiple Air Force stations, Padhi’s achievement sets a new precedent for women officers aspiring to serve at high-ranking, prestigious posts.

Tamil Nadu Declares Dhanushkodi as Greater Flamingo Sanctuary

Tamil Nadu government declared Dhanushkodi as a Greater Flamingo Sanctuary to protect migratory birds, particularly Greater and Lesser Flamingos, along the Central Asian Flyway.
Covering 524.7 hectares, the sanctuary includes mangroves, mudflats, and marshes, forming a rich ecosystem within the Gulf of Mannar Biosphere Reserve.
With over 10,700 birds from 128 species recorded, the sanctuary plays a crucial role in wetland conservation, ecotourism, and climate resilience.
The move was inaugurated by Chief Minister M.K. Stalin during the World Environment Day celebration.

Ladakh Reservation and Language Regulations Promulgated by President

In a historic decision, President Droupadi Murmu promulgated three major regulations for Ladakh on June 3, 2025.
The Ladakh Reservation (Amendment) Regulation ensures 85% reservation in public jobs for locals.
The Ladakh Official Languages Regulation recognizes English, Hindi, Urdu, Bhoti, and Purgi as official languages, while promoting native tongues like Shina, Brokskat, and Balti.
Additionally, the Hill Councils Amendment mandates 33% reservation for women in Leh and Kargil.
These steps enhance local empowerment, promote linguistic and cultural heritage, and boost women’s representation in governance.

Economy News

Public Sector General Insurers Collect ₹1.06 Lakh Crore Premium in FY25

Public sector general insurance companies (PSGICs) have achieved a notable growth milestone by collecting ₹1.06 lakh crore in premium income during FY2024–25, up from ₹80,000 crore in FY19.
This performance was highlighted during a review meeting chaired by Finance Minister Nirmala Sitharaman, focusing on insurance penetration, density, and digital transformation.
The sector witnessed a turnaround in profitability, with firms like NIACL, NICL, OICL, and UIICL returning to profits.
With emphasis on AI-driven claim settlement systems, and data analytics for better pricing and risk modeling, the government aims to enhance financial protection and modernize India’s insurance ecosystem.

Appointments News

RBI’s T Rabi Sankar Joins 16th Finance Commission as Part-Time Member

T Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI), has been appointed to the 16th Finance Commission as a part-time member, succeeding Ajay Narayan Jha.
His expertise in financial regulation, digital currency, and monetary policy is expected to enrich the commission’s fiscal recommendations for the 2026-2031 period.
Headed by Arvind Panagariya, the commission will report by October 31, 2025, shaping Centre-State financial relations for the coming years.

Sailesh C. Mehta Appointed as Chairman of Fertiliser Association of India

Sailesh C. Mehta, MD of Deepak Fertilizers, has been appointed the new Chairman of the Fertiliser Association of India (FAI), succeeding N. Suresh Krishnan of Paradeep Phosphates Ltd.
With over 40 years of industry experience, Mehta aims to promote sustainable and nutrient-efficient fertiliser solutions, improve farm productivity, and enhance cooperation among the government, fertiliser industry, and farmers.
The leadership shift comes at a critical time as the fertiliser sector in India undergoes strategic transformations to ensure agricultural resilience and environmental sustainability.

Sat Pal Bhanoo Appointed Interim CEO & MD of LIC

Sat Pal Bhanoo has been appointed as the interim CEO and MD of Life Insurance Corporation of India (LIC), effective from June 08, 2025, following the end of Siddhartha Mohanty’s term.
The appointment, made by the Ministry of Finance, grants Bhanoo full financial and administrative powers for a period of three months or until further notice.
This ensures continuity of leadership in India’s largest life insurance provider, which plays a vital role in the country’s financial ecosystem.

Awards News

Rohini Gram Panchayat Wins Gold in National e-Governance Awards 2025

In a groundbreaking achievement, Rohini Gram Panchayat from Dhule, a 100% tribal village, has bagged the Gold Award at the National e-Governance Awards 2025 for its digital governance model.
Recognized under the Grassroots Level Initiatives category, the Panchayat has provided over 956 online services, including digital delivery of certificates via WhatsApp and streamlined e-services in health, education, and welfare.
This award underscores the transformative potential of Digital India in rural and tribal regions, with Rohini emerging as a national role model for technology-enabled governance.

Defense News

ICG Inaugurates Strategic Jetty at Vizhinjam Harbour to Enhance Coastal Security

The Indian Coast Guard (ICG) has commissioned a dedicated jetty at Vizhinjam Harbour, Kerala, marking a vital development in India’s maritime security network.
Inaugurated on June 7, 2025, by DG Paramesh Sivamani, this 76.7-metre jetty lies just 10 nautical miles from key international shipping lanes and aims to strengthen operations related to coastal surveillance, anti-smuggling, and search & rescue.
The event was attended by high-ranking officials from various defense and maritime bodies.
The initiative underscores India’s strategic efforts to secure its southwestern coastline and bolster integrated coastal management.

Army Chief Upendra Dwivedi Inaugurates Ibex Tarana 88.4 FM in Uttarakhand

Army Chief General Upendra Dwivedi visited Uttarakhand’s Garhwal region to evaluate the readiness of deployed troops and to boost morale. During this visit, he launched Ibex Tarana 88.4 FM, a community radio station in Jyotirmath envisioned to promote local culture, education, and disaster awareness.
The station aims to empower youth voices and connect the people with their cultural roots. Additionally, the Army Chief honoured veterans for their nation-building contributions, marking a notable blend of military vigilance and community development.

Sports News

Portugal Crowned Nations League Champions After Dramatic Penalty Shootout Win

Portugal lifted their second UEFA Nations League title after a dramatic 2-2 draw against Spain, winning 5-3 in the penalty shootout on June 8, 2025.
Despite twice trailing in regulation time, Portugal showed exceptional resilience.
Ronaldo’s equaliser and Neves’ final penalty were crucial in the win. With this victory, Portugal became the first nation to win the tournament twice, adding to their legacy of international football success.

Carlos Alcaraz Clinches Historic Comeback Victory at 2025 French Open Final

Carlos Alcaraz’s spectacular comeback victory against Jannik Sinner at the 2025 French Open final stands out as one of the most remarkable moments in recent tennis history.
The match lasted 5 hours and 29 minutes, making it the longest French Open final in the Open Era. Alcaraz’s ability to save three match points and turn the tide showcased his resilience and exceptional skill, earning him his second consecutive French Open crown and fifth Grand Slam title overall.
The intense rivalry with Sinner, combined with the record-breaking nature of the match, emphasizes the exciting new era of men’s tennis dominated by young, talented players.

Anahat Singh Wins PSA Women’s Young Player of the Season Award

Anahat Singh, India’s top-ranked female squash player, had an outstanding 2024–25 season, earning her the PSA Women’s Challenger Player and Young Player of the Season awards.
With nine tournament titles, including victories at the Indian Open and British Junior Open, and a 29-match winning streak, Anahat rose to World No. 56. She made her senior World Championship debut, defeating World No. 29 before falling in the second round.
Sharing the spotlight with Egypt’s Amina Orfi, Anahat’s success marks a new era for Indian squash on the global stage.

Anders Antonsen, An Se-young Clinch Singles Titles at 2025 Indonesia Open

The 2025 Indonesia Open, held in Jakarta, saw emotional victories and historic firsts. Anders Antonsen finally lifted the men’s singles title, overcoming past disappointments, while An Se-young, the world number one, claimed her second women’s singles crown with a thrilling comeback.
France celebrated its first-ever Super 1000 win in mixed doubles, while China and South Korea excelled in the doubles formats.
The tournament reinforced badminton’s growing global appeal and spotlighted the sport’s emotional intensity and competitive excellence.

Important Days News

UN Celebrates First International Day for Dialogue among Civilizations

The International Day for Dialogue among Civilizations, to be observed annually on 10 June, was established by the United Nations in 2024 to promote intercultural dialogue, global solidarity, and peaceful coexistence.
The 2025 celebration featured a UNESCO event in Paris focused on the Silk Roads’ cultural legacy and youth engagement.
The event included thematic panels, expert speakers, and cultural performances, emphasizing the role of dialogue in eliminating prejudice, enhancing mutual respect, and building inclusive societies.
This initiative reflects the UN’s vision for shared development, civilizational appreciation, and collective progress in today’s interconnected world.

Obituaries News

Eminent Scholar Daji Panshikar Passes Away at 92

Eminent scholar and Marathi literary figure Daji Panshikar, aged 92, passed away in Thane after a brief illness.
Renowned for his deep understanding of the Mahabharata, Bhavarth Ramayan, and Eknaathi Bhagwat, he was a leading voice in cultural commentary, epic interpretation, and spiritual education.
Panshikar also made significant contributions to Maharashtra’s theatre scene through the Natyasampada Natya Sanstha. His passing has drawn tributes from leaders like CM Devendra Fadnavis, who hailed him as a torchbearer of Indian cultural heritage.