As a means of cleaning up bank books, Bad Bank was established for stressed assets. The establishment of a bad bank was announced in the Union Budget. It is known as the National Asset Reconstruction Company Limited (NARCL).
China has reported the 1st human infection case with the Monkey B virus (BV). Monkey B virus is an alphaherpesvirus enzootic (endemic) in macaques, and it was initially isolated in 1932.
On World Environment Day, the E-100 Pilot Project was launched in Pune (5 June). The project's goal is to build a nationwide network for ethanol production and distribution.
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