National Highways Authority of India (NHAI) has signed a Memorandum of Understanding (MoU) with the National Council of Applied Economic Research (NCAER) to establish the NHAI Centre for Economics of Transportation, Mobility and Logistics at NCAER, India’s first permanent and independent research centre dedicated to the economics of transportation, mobility and logistics.
The centre is founded with a founding contribution from NHAI, with NCAER committed mobilizing contributions from other allied institutions and partners.
The MoU was signed at NHAI HQ in presence of Chairman NHAI, DG NCAER and senior officials from NHAI and NCAER.
The Centre will be anchored by an Advisory Committee comprising leading economists, transportation specialists, public policy experts and eminent academicians, along with NHAI's Member (Finance) and the Director General, NCAER.
In addition, a Steering Committee constituted by NHAI will oversee research priorities, review outputs and facilitate alignment with the Authority's policy and operational requirements. NHAI will support the establishment and operation of the institution for a period of ten years.
Shri Ashok Kumar Lahiri, Vice-Chairman, NITI Aayog, released the latest edition of the “Trade Watch Quarterly” publication for Quarter 4 of FY’2025-26 (Jan-Mar 2026) on 23rd June 2026, in New Delhi. It was released in the presence of the CEO, NITI Aayog and other senior officials.
The World Bank’s Board of Executive Directors approved $1.5 billion financing to India to support their structural reforms aimed to boost private sector-led job creation and economic growth, it said in a statement.
It added that the financing, being provided under the Development Policy Financing (DPF) Operation, can create job opportunities for 11 million youth who would be entering the labour market every year over the next two decades.
It added the current financing is also aligned with the Country Partnership Framework (CPF) it has with with India for a five-year period until 2031.
The World Bank’s Development Policy Financing (DPF) seeks to rapidly disburse financing to help a borrower country address existing or anticipated development financing requirements.
The PFRDA has launched an AI-enabled grievance redressal platform for its subscribers, making pension services more inclusive and accessible.
The 'PFRDA Pension Sahayak' platform integrates multiple pension service touchpoints into a unified digital ecosystem and marks a significant step towards citizen-centric governance and digital transformation in the sector.
The platform supports 22 Indian languages through integration with Bhashini and enables voice-based grievance filing, making pension services more inclusive and accessible, particularly for senior citizens, rural subscribers and users who are more comfortable communicating in regional languages, it said.
Cristiano Ronaldo became the first player to score in six different World Cup tournaments on June 22, 2026, getting a goal in the sixth minute of Portugal’s match against Uzbekistan.
The 41-year-old Ronaldo made history when João Cancelo crossed it to him and he shot with his right-foot to make it 1-0.
Ronaldo and Argentina captain Lionel Messi became the only men in history to play in six World Cup tournaments this year. Ronaldo’s scoring streak started in his debut in 2006 and he also netted goals in 2010, 2014, 2018 and 2022.
While he shares the record for most tournaments with Messi, he stands alone in scoring a goal in each edition after Messi failed to score a goal at the 2010 World Cup in South Africa.
INS Udaygiri, a stealth frigate, and INS Kavaratti, an anti-submarine warfare corvette, both indigenously designed and constructed warships of the Indian Navy, arrived at Nha Rong Port, Ho Chi Minh City, Vietnam, on 22 Jun 2026 during their operational deployment to the South East Asia region.
The ships, led by RAdm Alok Ananda, Flag Officer Commanding Eastern Fleet, were accorded a warm ceremonial welcome by personnel from the Vietnam People's Navy, representatives of the HCMC People’s Committee, and port authorities. The reception reflected the close, longstanding ties between the two navies and the growing maritime partnership between India and Vietnam.
This deployment marks the Indian Navy’s first major presence in Vietnam since the bilateral relationship was elevated to an Enhanced Comprehensive Strategic Partnership in May 2026.
The Competition Commission of India (CCI) has approved acquisition of certain shareholding in Nxtra Data Limited (Target) by Alpha Wave Ventures II, LP (Acquirer).
The Proposed Combination pertains to the acquisition by the Acquirer of a certain shareholding in the Target by way of primary subscription of equity shares of the Target.
The Acquirer is a private equity fund managed by Alpha Wave Ventures GP, a joint venture between Alpha Wave Global and Lunate Holding RSC Ltd.
The Target is engaged in providing data center colocation services in India.
The Competition Commission of India (CCI) has approved acquisition of 21% voting interest in Astemo, Ltd. by Honda Motor Co., Ltd.
The proposed combination relates to the acquisition of 21% voting interest in Astemo, Ltd. (Target) by Honda Motor Co., Ltd. (Acquirer) from Hitachi, Ltd. (Seller).
The Target was incorporated in 2009 under the laws of Japan, merged and integrated in 2021 and is now jointly controlled by the Acquirer, Seller and JICC-01 Investment Business Limited Partnership.
India defeated hosts New Zealand 2-0 in the final to win their second FIH Women's Nations Cup title and secured promotion to the FIH Women's Pro League on June 21, 2026.
Lalremsiami won the 'Player of the Match' award in the final, while Deepika finished as the joint-top scorer in the tournament with six goals to her name – sharing the honours with USA’s Ashley Sessa.
This is India’s second Nations Cup title, having won the inaugural edition of the tournament in 2022.
India remained unbeaten throughout their campaign, defeating USA (3-2), Japan (2-1), and Uruguay (3-2) in the Pool A matches, before registering a commanding 6-0 win over Chile in the semi-final.
To recognise the teams' achievements, Hockey India announced a cash award of Rs 3 lakh for each player and Rs 1.5 lakh for each member of the support staff.
In the title match, the hosts enjoyed the majority of possession in the early exchanges as they looked to make early inroads.
Observed annually on 24 June, the International Day of Women in Diplomacy recognizes the achievements and contributions of women in diplomacy while encouraging governments, international organizations, academic institutions, civil society, and diplomatic communities,
to promote greater inclusion, remove structural barriers, and ensure that women have equal opportunities to shape the decisions that affect communities, nations, and the world.
The Reserve Bank of India (RBI) said that pre-sanctioned credit lines offered through the Unified Payments Interface (UPI) and other payment-linked credit facilities will be subject to the same prudential norms as the underlying credit product, irrespective of the delivery mode.
