Current Affairs 25 June 2026

World Bank Clears $1.5 Billion DPF Package for India.

• The World Bank approved $1.5 billion financing for India.
• The loan is for the Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation.
• The funding aims to support private sector-led growth and employment generation.
• It focuses on creating opportunities for around 11 million youth entering the labour market annually.
• The project supports labour reforms, including the implementation of the 4 Labour Codes.
• The World Bank is headquartered in Washington, D.C., USA.

India Secures 13th Rank in QS World Future Skills Index 2027.

• India ranked 13th globally in the QS World Future Skills Index 2027.
• India is the only South Asian country in the top 15 with a score of 89.4.
• Top Rank: United States (1st), followed by Australia (2nd) and the UK (3rd).
• India ranked 5th in Future of Work with a score of 96.0.
• India achieved 100/100 in Economic Capacity, highest among G20 nations.
• India has the world’s largest IT workforce with 5.8 million professionals.
• India ranks 1st in South Asia and among lower-middle-income economies.

India’s Textile Sector Targets $100 Billion Export Milestone by 2030.

• the Ministry of Textiles inaugurated the two-day summit Textiles for Global Markets in New Delhi.
• The summit aims to increase India’s textile and apparel exports from $37 billion to $100 billion by 2030.
• The initiative follows the 5F vision – Farm to Fibre, Fibre to Factory, Factory to Fashion, and Fashion to Foreign.
• 36 State Export Action Plans (SEAPs) and 200 District Export Action Plans (DEAPs) have been prepared.
• Major textile export hubs identified are Ludhiana, Tiruppur, Surat, and Bhadohi.
• The ministry aims to increase the use of man-made fibres (MMF) along with traditional cotton-based production.

The ePlane Company Aims to Begin Commercial eVTOL Production by 2028.

• IIT Madras-incubated electric aircraft startup founded by Satya Chakravarthy.
• Announced plans to start commercial eVTOL air ambulance production by 2028.
• Certification: Expected by the end of 2027; flight tests planned in 2026.
• Production Target: 80 aircraft annually from 2028, scaling to 900 aircraft per year by 2031-32.
• Secured a $1 billion order from ICATT for air ambulances across India.
• Aims to deploy around one aircraft in every district of India.
• Uses 80% domestic components in aircraft manufacturing.

China’s LineShine Becomes the World’s Fastest Supercomputer, Surpassing US El Capitan.

• The TOP500 list of the world’s fastest supercomputers was announced in Hamburg, Germany.
• China’s LineShine became the world’s fastest supercomputer, replacing the US-based El Capitan.
• LineShine is located at the National Supercomputing Centre, Shenzhen, China.
• It achieved a performance of 2.198 exaflops.
• It is the first Chinese supercomputer to top the list since Sunway TaihuLight in 2017.
• Top 5 systems: LineShine (China), El Capitan (USA), Frontier (USA), Aurora (USA), and Jupiter (Germany).
• The TOP500 list ranks the world’s most powerful supercomputers and is released twice a year.