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US Approves USD 482.2 Million Military Support Package for India

Overview

The United States approved a military support package for India worth USD 482.2 million on 22 June 2026. The package provides sustainment services for AH-64E Apache helicopters and M777A2 Ultra-Light Howitzers already in service with Indian forces. This strengthens India's defence readiness and US-India strategic ties.

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RBI Governor Urges Banks to Treat MSMEs as Long-Term Partners

Overview

RBI Governor Sanjay Malhotra urged banks to see MSMEs as long-term partners, not just borrowers. He spoke at an awareness program in Kochi for International MSME Day. He highlighted new technology like Unified Lending Interface to make credit easily available. MSMEs contribute 45% of exports and employ 33 crore people.

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India Shines at Asian Relays Championships 2026 with Gold, Silver, and Bronze

Overview

India won three medals at the Asian Relays Championships 2026 in China. The women's 4x100m team won gold with a season-best time of 43.85 seconds. India also secured silver in mixed 4x400m relay and bronze in mixed 4x100m relay. The next championships will be held in India.

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World Bank Approves Rs 4,000-Crore Loan for Haryana's Water Security Project

Overview

The World Bank has given ₹4,000 crore to Haryana for the Jal Sanrakshit Haryana project. This project will fix canals, save water, help farmers, and make sure water is available for future generations. The state government will also spend money to improve water systems across Haryana.

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China Shows Its Powerful DF-17 Hypersonic Missile for the First Time

Overview

China's state TV has shown the DF-17 hypersonic missile launch for the first time. This solid-fuel missile carries a glide vehicle that flies at Mach 5-10. It can change direction mid-flight, making it hard to intercept. The video signals China's growing military strength in the region.

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