Current Affairs – Today’s Headlines: June 26, 2021

Here are Today’s News Headlines by GK Today for June 26, 2021

INDIA

– U.P. ranked best state under Smart Cities Mission by Housing & Urban Affairs Ministry; Indore & Surat jointly named best cities
– CBSE to hold optional exams in August; Class 10, 12 students unhappy with assessment formula can take it, says Education Minister Ramesh Pokhriyal Nishank
– NITI Aayog organizes National Consultation on Prevention of Maternal, Adolescent and Childhood Obesity
– MIB Prakash Javadekar relaunches IIMC’s (Indian Institute of Mass Communication) research Journals, Communicator & Sanchar Madhyam
– India, China agree on need to find early resolution to remaining issues along LAC (Line of Actual Control) in Eastern Ladakh
– MoS Education Sanjay Dhotre launches RAT (Rapid Antigen Test) kit for COVID-19 developed by IIT Delhi
– 2-day integrated bilateral exercise between Indian and US Forces in the Indian Ocean Region concludes
DRDO successfully test fires Enhanced Pinaka Rocket that can destroy targets at distances up to 45 kms
– China operationalises fully electrified bullet train connecting Tibet’s capital Lhasa and Nyingchi, a Tibetan border town close to Arunachal Pradesh

COVID-19 IT EXEMPTIONS

– Govt announces tax exemption for expenditure on COVID-19 treatment, ex-gratia received
– Exemption allowed without any limit for the amount received from the employer
– Exemption limited to Rs. 10 lakhs in aggregate for the amount received from any other persons

ECONOMY & CORPORATE

– India’s forex reserves decline by USD 4.148 billion to reach USD 603.933 billion for the week ended June 18
– Finance Minister participates in global investors roundtable organised by US-India Strategic Partnership Forum (USISPF)
– Govt extends the deadline of EV promotion scheme FAME-II (Faster Adoption and Manufacturing of Electric Vehicles in India Phase II) till March 2024
– Law Minister Ravi Shankar Prasad launches ‘itat e-dwar’, an e-filing portal of Income Tax Appellate Tribunal
– World Bank approves $125 million Resilient Kerala program to support state’s preparedness against natural disasters
– Japan to provide USD 9.3 million aid to India for building cold chain system to fight COVID-19
– Serum Institute of India starts manufacturing Covovax, a COVID-19 vaccine developed by Novavax Inc of US

WORLD

– Global terror financing watchdog FATF (Financial Action Task Force) retains Pakistan on its “grey list” for not doing enough to curb terror funding
– Day of the Seafarer celebrated on June 25, this year’s campaign: “fair future for seafarers”

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