Current Affairs for June 4, 2026

Establishment of Indian Institute of Space Science & Technology (IIST) Campus in J&K: The Department of Space, in coordination with the local administration, finalized structural blueprints to set up a state-of-the-art regional campus of IIST in Jammu. The technical facility will focus on observational astrophysics and space data analytics.

Cabinet Approves 'Mission Digital Agri' Outlay: The Union Cabinet greenlit a dedicated financial layout of ₹12,400 crore for Mission Digital Agri. The primary objective is to create an integrated ecosystem using AI algorithms and satellite mapping to track crop growth and automate soil health diagnostics.

Haleakala Observatory Discovers Near-Earth Asteroid: Astronomers utilizing high-precision optical tracking systems at the Haleakala Observatory in Hawaii successfully cataloged a new near-Earth asteroid named 2026 KL4. Orbital projection models confirm zero structural impact risk to Earth for the next century.

RBI Mandates Centralized Audit Trail for NBFCs: To block structural gaps in shadow banking networks, the Reserve Bank of India issued a strict directive making real-time, tamper-proof cryptographic audit trails mandatory for all large Non-Banking Financial Companies (NBFCs).

India-Vietnam Bilateral Maritime Partnership Upgraded: Building on recent defense export milestones, India and Vietnam signed an operational protocol in Hanoi to expand cross-border hydrographic surveys and real-time maritime intelligence sharing along crucial shipping routes.

Supreme Court Directs Mandatory Green Spaces in Real Estate: Handing down a landmark environmental verdict, the Supreme Court ruled that all residential township projects exceeding 10 acres must dedicate at least 15% of total structural land layout to native green canopies.

SEBI Rolls Out T+0 Settlement Framework Phase II: The Securities and Exchange Board of India expanded its instant trade settlement pilot program, moving top 500 equity assets to the T+0 settlement cycle, significantly boosting retail capital liquidity in domestic stock markets.

International Day of Innocent Children Victims of Aggression (June 4): Observed globally by the United Nations to acknowledge the intense psychological and physical pain suffered by children worldwide who are victims of physical, mental, and emotional abuse.

DRDO Handover of 'Gagan-Net' Communication Terminals: The Defence Research and Development Organisation completed the field integration and official handover of its indigenous 'Gagan-Net' secure satellite communication terminals to tactical mountain divisions of the Indian Army.

Dattu Bhokanal Named Head Coach of Junior Rowing Team: The Rowing Federation of India officially selected veteran Olympian and Asian Games medalist Dattu Bhokanal to lead the Indian Junior National Rowing Team through the upcoming Asian Championship training schedules.

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