The Reserve Bank of India (RBI) has expanded the oversight committee by appointing three more members to the high-level panel that will vet the process of resolving mounting bad loans bogging down the banking sector.

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The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved Amendment of the bilateral Social Security Agreement (SSA) between India and the Netherlands by incorporating the “Country of Residence” Principle into the said SSA.

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Under the Swachh Bharat Mission Gramin (SBM-G), rural Uttarakhand and rural Haryana have declared themselves as the 4th and 5th Open Defecation Free (ODF) States of India.

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The Indian Space Research Organisation (ISRO) is all set to launch PSLV rocket carrying Cartosat2 series with the countdown process for the takeoff started on 22 June 2017.

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The Department of Science and Technology (DST) is conducting a study to assess the feasibility of having different time zones in the country.

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Intel Corp said it would become a major sponsor of the International Olympic Committee, making the chipmaker the latest technology company to put marketing dollars behind the global sporting event.

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International Yoga Day is observed every year on June 21 since its inception in the year 2015. The ancient practice of yoga was seen to be an essential part of India's tradition, which PM Modi believed should be shared with the rest of the world.

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France and the United States said on 21 June 2017 they reached agreement on a UN resolution that welcomes the deployment of a 5,000-strong force from five countries in Africa’s vast Sahel region to fight the growing threat from extremists.

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Markets regulator Sebi on 21 June 2017 relaxed takeover norms for acquisition of stressed assets to help the government and the RBI in their efforts to tackle bad loans.

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IBS Software emerged the winner at the NDC (new distribution capacity) Hackathon for corporates held by the International Air Transport Association (IATA) in Dublin, Ireland.

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The National Aeronautics and Space Administration (Nasa) and the Indian Space Research Organisation (Isro) have started to build components required to make the Nasa-Isro Synthetic Aperture Radar (NISAR),

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India has become the 71st country to ratify the United Nations TIR Convention. Managed and developed by IRU, the world road transport organisation, TIR is the global standard for goods customs transit.

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The Biotechnology Innovation Organization (BIO) BIO 2017 is being held in the San Diego Convention Centre, San Diego from 19th June to 22nd June, 2017.

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A Protocol of Cooperation was signed between the National Archives of India and the Minister of Culture of the Portuguese Republic in the field of archives on 17th May, 2017 in Lisbon, Portugal.

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India has re-nominated Justice Dalveer Bhandari as its candidate for another term as judge at the International Court of Justice (ICJ), the principal judicial organ of the UN.

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India's indigenous Mars Orbiter Mission (MOM), the maiden interplanetary launch of ISRO, which was launched on November 5, 2013, completes 1000 earth days in its orbit.

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The UN children's agency has announced the appointment of its youngest goodwill ambassador 19-year-old Syrian refugee and education activist Muzoon Almellehan.

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Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines launched the Energy Conservation Building Code 2017 (ECBC 2017).

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The iconic Taj Mahal Palace hotel in the city has acquired an `image trademark’, making it the first building in the country to get intellectual property rights protection for its architectural design.

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The Ministry of Rural Development organized an Award function on 19th June, 2017. The Programme showcased achievements under different programmes implemented by the Ministry of Rural Development.

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Tata Advanced Systems Ltd and US plane maker Lockheed Martin Corp. have signed an agreement to produce F-16 fighters in India ahead of the government’s plan to buy more fighter jets.

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An aircraft packed with 60 tons of Afghan plants with medicinal uses marked the opening of the first air cargo corridor between Afghanistan and India on 19 June 2017.

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ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, has been shortlisted alongside global giants like Chevron, Shell and Total to bid in Mexico's latest round of oil and gas field auction.

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France voted a record number of women into parliament, election results showed on 19 June 2017, after President Emmanuel Macron's victorious Republic on the Move (LREM) party fielded a gender-balanced candidate list.

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The Goods and Services Tax Council on 18 June 2017 finalised two rates for lottery and also gave a partial relief to five-star hotels and their restaurants.

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A clinical India demolished a hapless Pakistan 7-1 to register their third consecutive victory and seal a place in the quarter-finals of the Hockey World League Semi-Final.

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South Korean President Moon Jae-In on 18 June 2017 appointed a United Nations veteran as the country's first female foreign minister, tasked with easing tensions over North Korea's nuclear ambitions.

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Nasa's Orion spacecraft, designed to take astronauts to deep space destinations such as the Moon and Mars, has successfully completed a series of tests for its critical safety systems.

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ILC 2017

The 106th Session of International Labour Conference (ILC) was held from 5-16th June 2017. An Indian Tripartite Delegation led by the Minister of State for Labour and Employment (Independent Charge), Shri Bandaru Dattatreya participated in the ILC.

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India's first water metro

Kerala shifted tracks to a new phase in urban transport infrastructure, with Prime Minister Narendra Modi dedicating the first phase of Kochi Metro to the nation.

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Cuba deal canceled

US President Donald Trump has canceled his predecessor Barack Obama’s “one-sided” Cuba deal that favoured a detente and put the two Cold War-era rivals on collision course again by vowing to take strong measures against the Raul Castro regime’s “military monopoly”.

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India wins re-election to UN organ

India has been re-elected to the UN’s principal organ on economic, social and environmental issues for another three-year term. India was among 18 nations to win election to the Economic and Social Council (ECOSOC).

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Switzerland ratifies AEOI with India

Switzerland on 16 June 2017 ratified automatic exchange of financial account information with India and 40 other jurisdictions to facilitate immediate sharing of details about suspected black money, even as it sought strict adherence to confidentiality and data security.

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Eurozone agrees Greek bailout payment

Eurozone ministers struck a long-delayed bailout deal with Greece on 16 June 2017 to unlock badly needed rescue cash, but warned Athens would have to wait for debt relief.

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UN resolution to create office on counter-terrorism

The UN General Assembly has approved the establishment of a new office to coordinate counter-terrorism efforts, a move welcomed by India as a “much awaited first step” that will align the world body with needs of the global community in the fight against the menace.

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Ninth most expensive office market in world

Connaught Place in Delhi has been ranked ninth most expensive prime office market in the world with an occupancy cost of $153.89 per square feet per annum, said a new survey.

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India, US and Japan to participate in naval exercise

Naval ships, aircraft and personnel from India, Japan and the United States will participate in exercise Malabar 2017, in mid-summer 2017.

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Global Innovation Index (GII) 2017

India has moved up six places to 60th among 130 nations on the Global Innovation Index (GII) 2017, emerging as the top-ranked economy in Central and South Asia.

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‘One Family at a Time’ study by UN

Indians working across the globe sent home USD 62.7 billion last year, making India the top remittance-receiving country surpassing China, according to a UN report.

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THE World Reputation Rankings 2017

Indian universities yet again missed a spot on the Times Higher Education (THE) World Reputation Rankings 2017. The list is compiled through research insight, from leading academics across the world.

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Pioneer of judicial activism passes away

Former Chief Justice of India P N Bhagwati, considered a pioneer of judicial activism in the country for introducing the concept of PILs, died in New Delhi on 15 June 2017 after a brief illness, family sources said.

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UNICEF report 2017

One in five children in rich countries lives in relative poverty, according to a UNICEF report published on 15 June 2017 that put the US and New Zealand among the world’s worst performers for youth well-being.

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Investment spots in Asia-Pacific

Six Indian cities — including Hyderabad, Bengaluru, Pune, Mumbai, Delhi and Chennai — have found place in the top 10 emerging property investment destinations list for the Asia-Pacific.

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1st Indian woman on UN law board

In a significant victory for India at the UN, international law expert Neeru Chadha has won a crucial election to a top UN judicial body that deals with disputes related to the law of the sea,

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Ireland’s youngest PM

Leo Varadkar, a 38-year-old Indian-origin doctor, scripted history by becoming Ireland’s youngest and the first openly gay prime minister of the Catholic-majority country, as he promised to build “a republic of opportunity”.

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Global IoT spending by 2021

Worldwide spending on the internet of things (IoT) is set to grow 16.7% year-on-year, reaching over $800 billion in 2017 and nearly $1.4 trillion by 2021,

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China's first X-ray space telescope

China successfully launched on 15 June 2017 its first X-ray space telescope to study black holes, pulsars and gamma-ray bursts.

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IDCF launched

The Ministry of Health and Family Welfare has launched the Intensified Diarrhea Control Fortnight (IDCF) in order to intensify efforts to reduce child deaths due to diarrhoea. The Ministry has made it a national priority to bring health outcomes among children to a level equitable with the rest of the world.

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New Bill with bankruptcy in financial sector

The Union Cabinet on 14 June 2017 cleared a proposal to introduce a Bill in Parliament for setting up the Resolution Corporation to deal with bankruptcy in banks, insurance companies and financial entities.

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Interest subsidy loans Extend

Farmers will continue to get short-term loan of up to Rs 3 lakh at a subsidised interest rate of 7 per cent, and prompt repayers will get it at 4 per cent as the government was extended the subsidy to banks for 2017-18.

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Ireland's New prime minister

Leo Varadkar was elected Irish Prime Minister on 14 June 2017, making the 38-year-old son of an Indian immigrant the once-staunchly Catholic country's first gay premier and the youngest person to hold the office.

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India ratifies ILO conventions

India on 13 June 2017 ratified two key ILO conventions on child labour, according to a statement issued by the International Labour Organisation (ILO) in Geneva.

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Test of ATGM Nag

The Anti-Tank Guided Missile Nag was successfully flight tested in the desert ranges of Rajasthan.

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First time survey on services sector

Aimed at getting accounting data from service establishments on the lines of that provided by the manufacturing sector,

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The Forbes list 2017 of Celebrities

Indian superstars Shahrukh Khan, Salman Khan and Akshay Kumar are among Forbes' annual list of the highest-earning entertainers in the world.

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Vijay Mallya gets bail in extradition case

Vijay Mallya, the embattled tycoon who is wanted in India on loan defaults to several banks, claimed that he has “enough evidence” to plead his case as a UK court granted him bail until 4 December.

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Fuel from carbon dioxide

Scientists have developed a plant that uses carbon dioxide in the air to produce renewable fuels and chemicals, an advance that could help reduce greenhouse gas emissions and reliance on fossil fuels.

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Panama forges ties with China

Panama established formal diplomatic ties with China and broke with Taiwan in a major victory for Beijing that bolsters its claims of sovereignty over what it regards as a renegade island.

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Govt launches Tele-Law

The Union government was launched ‘Tele-Law’ – a programme aimed at providing legal aid services in rural areas through digital technology. The programme is a continuation to the Access to Justice Project to Marginalised Persons implemented by UNDP in 2008.

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Implementation of the E-Way Bill

With just a few days left for Goods and Services Tax (GST) rollout, the Centre is in favour of postponing by a few months the implementation of the E-Way Bill, which requires movement of good above Rs 50,000 to be to pre-registered online.

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French open 2017

Rafael Nadal came out with a stunning display against Stan Wawrinka and defeated the Swiss in straight sets to win the Men's Singles title for a magical 10th time, achieving 'La Decima' and reaffirming his status as the greatest clay-courter of all time.

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4.Two dimensional magnets exist

2D monolayers alone offer exciting opportunities to study the drastic and precise electrical control of magnetic properties. Scientists have for the first time discovered two-dimensional magnets that are formed by a single layer of atoms and may pave the way for more compact and efficient devices.

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Two massive planets discovered

Astronomers have discovered two new gas giant planets, orbiting a star located about 138 light years away from the Earth.

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GST Council reduces tax on 66 items

The GST Council on 11 June 2017 decided to revise tax rates on 66 products and widened the scope of a concessional tax payment scheme for small businesses and restaurants.

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Nadal wins 10th French Open

Rafael Nadal coasted to a record 10th French Open title on 11 June 2017, demolishing Stan Wawrinka in a brutally one-sided final which also earned the Spaniard a 15th Grand Slam crown.

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Indian companies more prone to cyber attack

More than 60 per cent of the software used by companies in India is unregulated which poses a threat of cyber attacks, according to business practices firm EY.

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French Parliamentary Elections

French voters head to the polls on 11 June 2017 for the first of two rounds of a parliamentary election expected to give new President Emmanuel Macron a solid majority that should allow him to carry out far-reaching reforms.

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SATH program launched

Furthering the agenda for cooperative federalism, NITI Aayog has launched SATH, a program providing ‘Sustainable Action for Transforming Human capital’ with the State Governments.

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Duma moves to end anonymity on messenger apps

The Duma’s Information and Technology Committee has approved controversial draft legislation that would ban anonymity on online messengers. The Duma committee recommends the draft law for consideration of its first reading, after which the bill would return to committee for any necessary amendments.

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Action to protect oceans

The 193 U.N. member nations issued an urgent call for action to reverse the decline in the health and productivity of the world’s oceans with the United States backing the action plan but rejecting its support for the Paris agreement to tackle climate change.

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SC upholds Aadhaar link with PAN

The Supreme Court on 9 June 2017 ruled that it would be mandatory for Aadhaar holders to link Aadhaar with their permanent account number (PAN) for filing income tax returns (ITRs).

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World Investment Report 2017

India improved its ranking by one notch to 9th position as one of the highest recipients of foreign direct investment (FDI) in 2016, at a time global FDI flows fell, the UN trade and development agency said in its latest World Investment Report 2017.

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India becomes full members of SCO

India and Pakistan on 9 June 2017 became full members of the Shanghai Cooperation Organisation (SCO) summit at Astana. India’s membership was strongly pushed by Russia while Pakistan’s entry into the grouping was backed by China.

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India signed global tax treaty

India’s most hard-fought import from Portugal may have been gangster Abu Salem, but while signing the Multilateral Tax Convention, it kept Lisbon out of a rule that allows companies to escape tax on dividends in India easily.

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India signs multilateral instrument

India has signed a ground-breaking multilateral BEPS convention that will close loopholes in thousands of tax treaties worldwide. The multilateral instrument was signed by Finance Minister Arun Jaitley at the OECD headquarters in Paris.

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QS Rankings 2018

For the first time, three renowned Indian institutions — the Institute of Science (IISc) Bangalore and the IITs Delhi and Bombay, have catapulted to the list of the top 200 global universities.

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WHO expands list of essential medicines

The World Health Organisation has added 30 new medicines for adults and 25 for children to the list of essential medicines, bringing the total number of such drugs to 433.

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Committee to focus on bad loan

The Reserve Bank of India (RBI) has identified some large stressed loan accounts for resolution as it steps in to directly fix the bad loan menace at Indian banks, after it was empowered by a recent banking ordinance to do so.

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Petrol and diesel to revised every day

Petrol and diesel prices will be revised every day across the country from June 16, according to an official statement from public sector oil marketing companies.

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Only Indian in Forbes highest paid athletes list

Indian cricket captain Virat Kohli is the sole sportsperson from the country to feature among the world's 100 highest paid athletes in the latest Forbes list topped by soccer star Cristiano Ronaldo.

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