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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