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Daily Current Affairs – 5 June 2026

Daily Current Affairs – 5 June 2026

Staying updated with today's current affairs is essential for competitive exam aspirants preparing for SSC, UPSC, Banking, State PSCs, and Railway exams. The 5 June 2026 current affairs cover major national developments, international events, economy updates, awards & recognitions, and important days that frequently appear in the General Awareness section of government exams.

India – National Current Affairs

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  • Cabinet Approves ₹9,585 Crore Scheme to Replace Old Trucks & Buses in Delhi-NCR – The Union Cabinet, chaired by PM Narendra Modi, approved a two-year ₹9,585 crore scheme to replace 2.07 lakh BS-IV and older trucks and buses in Delhi-NCR with BS-VI-compliant or electric vehicles. The scheme is funded through NCRPB under MoHUA and implemented by MoRTH and MoPNG, in collaboration with Delhi, Haryana, Rajasthan, and Uttar Pradesh. Exam importance: Central Government provides 5% interest subvention for 5 years and monthly fuel vouchers of up to ₹4,800; OEMs provide 8% ex-showroom discount; Empowered Committee chaired by Cabinet Secretary Dr. T.V. Somanathan.
  • Union Cabinet Approves ₹10,000 Crore ATF Price Stabilisation Fund for Indian Airlines – The Union Cabinet approved one-time budgetary support of up to ₹10,000 crore for Oil Marketing Companies (OMCs) to stabilise Aviation Turbine Fuel (ATF) prices for scheduled Indian airlines on domestic and international routes, affected by rising global fuel costs due to the ongoing West-Asia conflict. The support will be in the form of interest-free advances to OMCs through MoPNG. Exam importance: Scheme duration up to 36 months (3 years), subject to annual review; a recovery and true-up mechanism ensures amounts are returned to Consolidated Fund of India when global ATF prices fall; Monitoring Committee comprises MoCA, MoPNG, and DoE representatives.
  • 'Navachar Mantra' Launched to Empower Grassroots Innovators – Union MoS (IC) Jayant Chaudhary (MSDE) launched 'Navachar Mantra' at IIT-Delhi, a flagship initiative implemented by NIESBUD with FITT IIT Delhi as Technical Knowledge Partner, aimed at identifying, mentoring, and scaling grassroots innovators and early-stage entrepreneurs through a year-long multi-stage engagement. Exam importance: Applications open on Skill India Digital Hub (SIDH) until 5 July 2026; participants receive mentorship, investor connect, pilot project support, and national exposure.
  • Centre Expands QR Tagging of FCI Foodgrain Bags to AP, Telangana & Odisha – The Government of India expanded its QR code tagging initiative for FCI foodgrain bags to Andhra Pradesh, Telangana, and Odisha. The expanded pilot will cover 20 lakh tonnes of rice - 10 lakh tonnes from AP and 5 lakh tonnes each from Telangana and Odisha - following successful pilots in AP (rice, Dec 2025–Jan 2026) and Punjab (wheat, Apr–May 2026). Exam importance: Each bag gets a unique QR code tracking procurement centre, procuring agency, and procurement season; scanning done at FCI godowns and Fair Price Shops via ePoS devices.
  • T-Hub Launches Third ORBIT Space-Tech Cohort, Onboards 13 Startups – Startup incubator T-Hub launched the 3rd cohort of ORBIT (AIM-supported AIC-T-Hub Space-Tech Accelerator), inducting 13 startups in propulsion systems, orbital servicing, satellite intelligence, and geospatial technologies. With Cohort 3, ORBIT has now supported 36 space-tech startups overall. Exam importance: Previous cohorts raised nearly ₹30 crore in funding and produced 18 published IPs; startups receive guidance from ISRO leaders and industry experts.
  • D.K. Shivakumar Sworn in as 25th Chief Minister of Karnataka – Doddalahalli Kempegowda Shivakumar (INC, Kanakapura constituency) was sworn in as the 25th Chief Minister of Karnataka after Siddaramaiah stepped down following directions from the Congress high command. Governor Thawar Chand Gehlot administered the oath at Raj Bhavan, Bengaluru under Article 164. Exam importance: Shivakumar was first elected to Karnataka Legislative Assembly in 1989 from Sathanur; later shifted to Kanakapura and won in 2008, 2013, 2018, and 2023.

International Current Affairs

  • UNGA Elects Five New Non-Permanent Members of UNSC – The United Nations General Assembly elected Austria, Kyrgyzstan, Portugal, Trinidad and Tobago, and Zimbabwe as non-permanent members of the 15-member UNSC for a two-year term from January 1, 2027 to December 31, 2028. This marks Kyrgyzstan's first-ever term on the UNSC since joining the UN in 1992. Exam importance: They replace Denmark, Greece, Pakistan, Panama, and Somalia (whose terms end December 31, 2026); 7 countries contested for 5 seats; the 5 new members join continuing non-permanent members Colombia, Bahrain, DRC, Latvia, and Liberia.
  • Mette Frederiksen Sworn in as Denmark's PM for Third Consecutive Term – Mette Frederiksen, leader of the Social Democrats, secured a third consecutive term as Prime Minister of Denmark after forming a new centre-left coalition following the March 2026 parliamentary elections. Exam importance: She was first elected PM in June 2019; is the second woman PM of Denmark after Helle Thorning-Schmidt and the youngest person ever to hold the office.

Downlaod 05 June 2026: Top Current Affairs News GK (Hindi & English)

Economy & Banking

  • OECD Raises India's FY27 Growth Forecast by 20 bps to 6.3% – The OECD, in its report 'OECD Economic Outlook Under Pressure: June 2026', raised India's GDP growth projection for FY2026-27 to 6.3% (up from its earlier estimate of 6.1% in March). India's GDP for FY26 is shown at 7.6%, and projected to grow marginally to 6.4% in FY28. Exam importance: India's inflation projected to rise from 2.1% (FY26) to 4.8% (FY27); global growth projected to ease from 3.4% (CY25) to 2.8% (CY26); OECD retained CY27 global growth at 3.1%.
  • ADB and Standard Chartered Partner to Strengthen Supply Chain Finance in India – The Asian Development Bank and Standard Chartered Bank signed agreements in Mumbai to strengthen supply chain finance through a Risk Participation Arrangement (RPA) via GIFT City for USD-denominated transactions and a Partial Guarantee Facility (PGF) for onshore INR transactions. Exam importance: Agreements signed by ADB VP Bhargav Dasgupta and Standard Chartered India CEO P.D. Singh; aims to address financing gaps in both domestic and cross-border trade.
  • GQG Partners Sells 1.85% Stake in GMR Airports to Fidelity for ₹1,906 Crore – American investment firm GQG Partners sold 1.95 crore equity shares (1.85%) in GMR Airports Limited to Fidelity International Limited (FIL) through Open Market Operations at ₹97.75 per share. Exam importance: Acquirer is FIL through its affiliate Fidelity Investment Trust – Fidelity International Small Cap Fund; deal conducted via Open Market Operations (OMOs).

Awards & Recognitions

  • Lionel Messi Becomes First Footballer to Win Princess of Asturias Award – Argentine footballer Lionel Messi won the Princess of Asturias Award for Sports 2026, becoming the first individual footballer to receive the honour, recognised for his achievements with Argentina, FC Barcelona, and Inter Miami CF, including 8 Ballon d'Or awards, 4 UEFA Champions League titles, Copa América titles (2021, 2024), and an Olympic gold (2008 Beijing). Exam importance: Award to be presented on 23 October 2026 at Campoamor Theatre, Oviedo, Spain; other 2026 winners include Patti Smith (Arts), Studio Ghibli (Communication & Humanities), and Svalbard Global Seed Vault (International Cooperation).
  • VP C.P. Radhakrishnan Releases Book 'When Audit Matters' – Vice-President C.P. Radhakrishnan released 'When Audit Matters: CAG Interventions That Made a Difference', edited by former CAG Vinod Rai, at Uprashtrapati Bhawan, New Delhi. Published by Rupa Publications India. Exam importance: The book draws on experiences of former audit officials and a South Asia-focused study by the Institute of South Asian Studies, National University of Singapore; demonstrates how effective auditing can enhance public trust in governance.

Science, Technology & Environment

  • Visa Appoints Shah Rukh Khan as Brand Ambassador for 'Infinitely More' Campaign – Global digital payments company Visa announced Shah Rukh Khan as its brand ambassador for the Indian market for its new 'Infinitely More' campaign, focusing on experience-led living - travel, dining, wellness, and entertainment. Visa also launched Visa.co.in, a platform offering curated lifestyle benefits to eligible cardholders. Exam importance: Visa's global network spans 200+ countries and 175 million merchant locations; campaign reflects India's shift from ownership-driven to experience-led aspirations.
  • Telangana and Germany's Thuringia Sign Cooperation Pact on Skills & Industrial Development – The Telangana government and the German state of Thuringia signed a cooperation agreement in Hyderabad during a high-level delegation meeting led by Thuringia's Minister-President Mario Voigt and Telangana CM A. Revanth Reddy, covering skill development, innovation, technology, startups, and life sciences. Exam importance: Collaboration involves Young India Skills University (YISU), Advanced Technology Centres (ATCs), and polytechnic institutes; a German Language Training Hub to be established in Hyderabad integrated with TOMCOM programmes.

Sports & Important Days

  • World Environment Day 2026 – 5 June – World Environment Day 2026 is observed with the theme "Inspired by Nature: For Climate. For Our Future", hosted by Azerbaijan (Baku), under the leadership of the United Nations Environment Programme (UNEP). Exam importance: Official hashtag: #NowForClimate; World Environment Day was first established in 1972 at the Stockholm Conference; first observed in 1974 with the theme 'Only One Earth'; observed annually on 5 June; linked to SDG 13 (Climate Action) and SDG 15 (Life on Land).

About the Author

J Nandhini

- Content Specialist

J Nandhini is a recruitment content specialist with 5+ years of experience in government sector job postings. She has published 200+ articles covering verified job notifications, exam updates, eligibility guidelines, and career opportunities for Indian and international audiences. With a Master’s degree in Mass Communication, Nandhini combines strong research skills with clear, user-focused writing to help job seekers make informed career decisions.

Tags: 5 June 2026 current affairs, SSC current affairs, UPSC current affairs, Banking current affairs, Railway exams current affairs, State PSC current affairs, India national news, Delhi-NCR truck replacement scheme, BS-IV BS-VI vehicles, ATF price stabilisation fund, Navachar Mantra