 In Football, Liverpool breezed past Tottenham at Madrid to win the Champions League for the sixth time. In the all-English showpiece, the Reds got the better of Spurs with a 2-nil win. Mohamed Salah put Liverpool in front after just two minutes when he converted a penalty following a handball by Moussa Sissoko. Last season, Liverpool had lost to Real Madrid, 1-3, at Kiev. |
| Source- BBC Sports |
 On the occasion of the fifth Telangana State Formation Day on 02nd June 2019,President Ram Nath Kovind and Prime Minister Narendra Modi have extended their wishes to the people of the state. Telangana Formation Day is celebrated on the formation of Telangana State on 2nd June every year since 2014. The State celebrates the occasion with formal events across the districts. |
| Source- The Hindu |
 Air Chief Marshal Birender Singh Dhanoa has left for Sweden on a four-day official visit. He will visit various operational and training units as well as interact with senior functionaries of the Swedish Air Force amongst others. The visit would provide an impetus towards defense cooperation and pave the way for greater interaction and cooperation between the Air Forces. This would also strengthen relationships and enable engagement in productive exchanges between the two Air Forces. |
| Source- Hindustan Times |
 In the Central American country of El Salvador, Nayib Bukele has been sworn-in as the nation’s President. Bukele was sworn-in by the Speaker of the National Assembly in downtown San Salvador. Bukele was elected in February to succeed Salvador Sanchez Ceren, a leftist former guerrilla. |
| Source- BBC News |
 The US will end preferential trade status for India next week, President Donald Trump has confirmed amid a deepening row over protectionism. India had been the largest beneficiary of a scheme that allows some goods to enter the US duty-free. In March Trump announced that it would be revoked because India had failed to provide adequate access to its markets, but Mr. Trump gave no date. |
| Source- BBC News |
 ONGC, India’s top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain the crown of being the country’s most profitable public sector company. According to earnings statements of the listed companies, Oil and Natural Gas Corp (ONGC) reported a 34 percent jump it’s in 2018-19 fiscal net profit to Rs 26,716 crore. In comparison, IOC registered a net profit of Rs 17.274 crore for the fiscal year ended March 31, 2019. ONGC, in the previous two financial years, had lost the most profitable PSU tag to IOC. |
| Source-Business Today |
 Financial Literacy Week 2019 to be observed from June 3-7 on the theme of “Farmers” and how they benefit by being a part of the formal banking system. Financial Literacy Week is an initiative of RBI to promote awareness of key topics every year through a focused campaign. Growth in agriculture is necessary for the overall economic growth and finance is an essential enabler for the same. RBI is actively involved in formulating policies that enhance the flow of credit to the farming community. |
| Source- Business Standard |
 Rajasthan government has increased the financial assistance given to school girls under the ‘Aapki Beti’ scheme and ex-gratia payment to the families of polling personnel who die during election duty. Under the Aapki Beti scheme, girls living under the Below Poverty Line (BPL) and whose mother or father or both have died to get annual financial assistance in the state. The amount has been increased to Rs 2,100 from Rs 1,100 for the girls studying in class 1 to 8 and for the girls in class 9 to 12, the financial aid has been increased to Rs 2,500 from Rs 1,500. Similarly, the government has also increased ex-gratia payment to the next of kin of an official killed on election duty to Rs 20 lakh from Rs 15 lakh. |
| Source- Business Standard |
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| The Telangana Government has issued a notification to extend the Rythu Bandhu scheme for 2019-20 while enhancing the amount from Rs 4000 to Rs 5000. The Rythu Bandhu scheme, Telangana CM K Chandrasekar Rao’s pet scheme, is aimed at providing income support to the agriculturists directly to back their crops. The scheme, which provides Initial Investment support to agriculture and horticulture crops through a grant of Rs 4000 per acre per farmer each season towards the purchase of inputs like seeds, fertilisers, pesticides, labour, and other filed operations, has now been enhanced from Rs 4000 to Rs 5000 per acre per farmer per season. |
| Source- The Hindu Business Line |
 The first session of the newly-elected Lok Sabha has been convened from 17th June to 26th July 2019 and the new government of Prime Minister Narendra Modi will present its first Budget on 05th July 2019 by Nirmala Sitharaman, who is Minister of Finance and Minister of Corporate Affairs. The 40-day session will have 30 sittings. |
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| Source- The Economic Times |
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