Current Affairs 23 June 2026

BSE Unveils the BSE Saatvik 100, India’s 1st Saatvik Index.

• Launched by BSE Index Services on 19 June 2026.
• India’s first Saatvik (ethical) investment index.
• Tracks companies from the BSE 500 Index that follow ethical and responsible business practices.
• HDFC Bank is the largest constituent of the index.
• Used as a benchmark for ETFs, Index Funds, and Portfolio Management Services (PMS).
• Financial Services is the largest sector in the index.

Chennai Petroleum Corporation Granted Navratna Status, Becomes 28th CPSE.

• On 19 June 2026, CPCL was granted Navratna status by the Government of India.
• It became the 28th Navratna Central Public Sector Enterprise (CPSE).
• CPCL was upgraded from Miniratna Category-I to Navratna.
• Navratna status gives CPCL greater financial and operational autonomy.
• The company can now invest up to ₹1,000 crore or 15% of its net worth in a single project without prior government approval.
• CPCL is a subsidiary of Indian Oil Corporation (IOCL) and functions under the Ministry of Petroleum and Natural Gas.

Moody’s Warns of Fiscal Risks from India’s Fragmented Water Management.

• Moody’s warned that fragmented water governance poses fiscal and credit risks to India.
• Agriculture uses around 80% of India’s freshwater.
• Rising AI and data centre demand is increasing water stress
• India’s water management framework was classified as fragmented or inflexible.

India Becomes ADB’s Largest Private Sector Market, Targets $1 Billion.

• ADB identified India as its largest private sector market.
• Target to provide $1 billion in direct private sector financing in 2026.
• Priority sectors: Renewable energy, green hydrogen, e-mobility, green data centres, urban infrastructure, sustainable agriculture, and financial inclusion.
• Trade financing increased by 40% in the first four months of 2026.
• ADB signed a risk-sharing agreement with Standard Chartered to strengthen supply chain finance in India.

Osmania University Achieves Historic Milestone with Four ISO Certifications from BIS.

• Osmania University, Hyderabad became the first Indian university to receive four ISO certifications simultaneously from BIS.
• Certifications awarded by the Bureau of Indian Standards (BIS).
• Received certifications for:
• ISO 21001:2018 – Educational Organizations Management System
• ISO 14001:2015 – Environmental Management System
• ISO 50001:2018 – Energy Management System
• ISO 22000:2018 – Food Safety Management System
• Established in 1918 in Hyderabad by Mir Osman Ali Khan.
• BIS is India’s National Standards Body, headquartered in New Delhi.