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Daily Current Affairs and GK June 6, 2026

06 June 2026 Current Affairs & GK | RBI FPI Rules, BIMSTEC Day, Praggnanandhaa Wins Norway Chess

Stay updated with the latest Daily Current Affairs and General Knowledge updates for 06 June 2026, specially curated for aspirants preparing for UPSC, SSC, Banking, Railway, Defence, State PSC, and other competitive examinations. Today's highlights include the Centre's new edible oil packaging norms, RBI's simplified investment rules for Foreign Portfolio Investors, BIMSTEC Day celebrations, India's triumph in the SAFF Women's Championship, R. Praggnanandhaa's historic Norway Chess title victory, and other important national, international, economic, sports, and cultural developments.

National

• Centre introduces standard edible oil pack sizes to enhance transparency and promote uniform packaging practices-The Centre has introduced standard pack sizes for edible oils under the Legal Metrology framework, bringing greater transparency and uniformity to the marketplace. The Department of Consumer Affairs amended the standard operating procedure, governing the determination of net quantity and standard pack sizes for edible oils and fats under the framework. Standard pack sizes have been prescribed for major edible oils, including palm oil, palmolein, soyabean oil, sunflower oil, mustard oil, groundnut oil, sesame oil, rice bran oil, cotton seed oil and corn oil. The approved pack sizes are 200 g, 500 g, 1 to 5 kg, 15 kg, and 20 kg.

International

• Venezuelan Acting President Delcy Rodríguez concludes her visit to India:Acting President of the Bolivarian Republic of Venezuela, Delcy Rodríguez, departed from Chhatrapati Shivaji Maharaj International Airport in Mumbai at 4 p.m. on Saturday, concluding her visit.
• BIMSTEC:External Affairs Minister Dr S Jaishankar extended greetings on the occasion of BIMSTEC Day. In a social media post on Saturday.BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) is an international organization of seven South and Southeast Asian nations that rely on the Bay of Bengal. Established on June 6, 1997, it represents 5.2 trillion in combined GDP and houses over 1.7 billion people. Member nations Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand .
• Russian President offers Sukhoi Su-57 stealth aircraft and joint production in India:Russian President Vladimir Putin has offered New Delhi Russia's fifth-generation stealth aircraft Sukhoi Su-57, and proposed its joint production in India, highlighting the strong strategic partnership between the two countries

Economy and banking

• RBI simplifies rules for Foreign Portfolio Investors in government securities to make investment in india easier-The Reserve Bank of India (RBI) has announced key changes to the regulatory framework governing investments by Foreign Portfolio Investors (FPIs) in Government Securities, aimed at improving ease of investment and simplifying compliance requirementsUnder the revised framework
•  FPIs investing through the General Route will no longer be required to comply with short-term investment limits, security-wise limits, and concentration limits. 
• The RBI has also merged the earlier sub-categories of investment limits, ‘general’ and ‘long-term’, into a single consolidated limit for both Central Government Securities and State Government Securities (SGSs).
• For FY 2026-27, the revised limits have been set at 4,62,490 crore rupees for the first half and 4,77,006 crore rupees for the second half for Central Government Securities, while the corresponding limits for SGSs are 1,53,043 crore rupees and 1,64,242 crore rupees.

Sports and culture

• India beat Bangladesh 3–1 to win sixth SAFF Women’s Championship title-India thrashed Bangladesh 3-1 to clinch a record-extending sixth SAFF Women’s Championship 2026 title at Margao, Goa, on Saturday. Pyari Xaxa, Lynda Kom Serto and Sanfida Nongrum scored a goal each for India, while Ritu Porna Chakma netted the lone goal for Bangladesh.
• Mirra Andreeva wins maiden Grand Slam title at French Open-Russian eighth-seeded Mirra Andreeva won her maiden Grand Slam title after getting the better of Maja Chwalinska of Poland in straight sets in the womens singles final of the French Open. It was a dominant display by the 19-year-old, defeating Chwalinska 6-3, 6-3 to secure a memorable victory.
• India tops medal table with 7 medals at World Yogasana Sports Championship 2026-In the World Yogasana Sports Championship 2026, India’s Rohan Tayde won gold medal at Ahmedabad on Saturday. He achieved this achievement in the boys’ sub-junior artistic single competition. He expressed happiness after winning the medal.
• So far, India has won a total of 7 medals, including six gold, in this world-class yoga competition. Yesterday, India’s sub-junior boys’ traditional group team defeated Nepal to win the gold medal. India’s junior girls’ traditional group team also defeated Nepal to win the gold medal. India has maintained its top position in the medal table.
• Savitha Shri Baskar wins 2026 Women’s Asian Individual Chess Championship-Nineteen-year-old Savitha Shri Baskar has won the 2026 Women’s Asian Individual Chess Championship in Ulaanbaatar, Mongolia. With the win, she also secured qualification for the 2027 FIDE Women’s World Cup.
• India clinch Men’s U-18 Asia Cup title, thrash Japan 4-1 in final:Indian Men's Hockey team has lifted the Under-18 Asia Cup for the third time, thrashing hosts Japan 4-1 in the final in Kakamigahara on Saturday.
• The Indian Women’s U-18 Hockey Team secured the Bronze Medal at the 2026 Women's U-18 Asia Cup in Kakamigahara, Japan, defeating South Korea 3-0 in the third-place match. In the gold medal match, China captured the championship by defeating host nation Japan 2-1
• Indian Grandmaster, R Praggnanandhaa scripts history; Becomes first Indian to win Norway Chess title-In chess, Grandmaster R. Praggnanandhaa has created history by becoming the first Indian to win the Norway Chess title in Oslo, with a final-round victory over Germany’s Vincent Keymer.Praggnanandhaa, who began the day in third place, secured a crucial classical win worth three points to finish with 18 points and seal the title. The 20-year-old from Chennai achieved a feat that had eluded Indian chess legend Viswanathan Anand and reigning world champion D. Gukesh since the tournament began in 2013.

Days Observed

• Maharashtra celebrates 353rd coronation anniversary of Chhatrapati Shivaji Maharaj-The 353rd coronation ceremony of Chhatrapati Shivaji Maharaj was celebrated with great enthusiasm across Maharashtra on Saturday.

Static GK for exam preparations

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Daily Current Affairs & GK Update - March 22, 2026

Top Daily Current Affairs & GK Updates for Competitive Exams: March 22, 2026

Welcome to your comprehensive Daily Current Affairs and General Knowledge update for March 22, 2026. Today’s news cycle is a heavy hitter, defined by rapid geopolitical escalations and monumental milestones at home.

On the national front, Prime Minister Narendra Modi has etched his name in history as India's longest-serving elected head of government, while the government accelerates its push for clean energy and grassroots financial inclusion with the launch of CGSMFI-2.0. Internationally, the world is watching West Asia closely as tensions boil over with Iran's alarming strike attempt on Diego Garcia, a move that is sending shockwaves through global energy and diplomatic corridors. We also look at the newly released Global Terrorism Index, which sees a surprising shift in regional rankings.

From deep-tech summits to Lionel Messi joining the elite 900-goal club, today’s briefing is meticulously curated to give UPSC, SSC, Banking, and State PSC aspirants the exact insights needed to stay ahead. Let's dive into today's top stories.

This detailed briefing is  structured to help aspirants preparing for UPSC, SSC, Banking, and State PSC examinations.

National News & Polity

• PM Modi Becomes India's Longest-Serving Head of Government:Prime Minister Narendra Modi has achieved a historic milestone by becoming the longest-serving head of an elected government in India.He surpassed the 8,930-day record previously held by former Sikkim Chief Minister Pawan Kumar Chamling.This milestone calculates his combined continuous tenure as the Chief Minister of Gujarat and the Prime Minister of India.
• High-Level CCS Meeting on West Asia Crisis:Amid the escalating conflict in West Asia and the looming threat to the Strait of Hormuz, PM Modi chaired a critical meeting of the Cabinet Committee on Security (CCS). The meeting reviewed India's energy preparedness, specifically focusing on the petroleum, crude, gas, power, and fertilizer sectors.
• Bihar Diwas 2026:Prime Minister Narendra Modi extended greetings on Bihar Diwas (March 22), commemorating the formation of the state of Bihar when it was carved out of the Bengal Presidency in 1912.
• Union Minister for Jal Shakti Releases Jal Jeevan Mission 2.0 Guidelines digitally at Jal Mahotsav 2026 Culmination on World Water Day-The Department of Drinking Water and Sanitation (DDWS), Ministry of Jal Shakti, today released the Operational Guidelines of Jal Jeevan Mission (JJM) 2.0. The culmination event was honoured by the presence of the Union Minister for Jal Shakti, Shri C.R. Patil, and the Minister of State for Jal Shakti, Shri V. Somanna.
• Bharat Electricity Summit 2026 Concludes with Strong Global Participation, Actionable Outcomes, and Roadmap for a Resilient, Future-ready Power Sector-The maiden edition of the Bharat Electricity Summit (BES) concluded successfully today, bringing together policymakers, global experts, industry leaders, investors, and innovators to deliberate on the future of the power sector and accelerate the global clean energy transition.The Summit witnessed an exceptional response, with over 35,000 exhibition attendees, 28 States / Union Territories, 200+ exhibiting companies including 80+ Start-ups, 6,000+ delegates, 300+ speakers, and 100+ conference sessions, reflecting its scale and global significance.
• Coal Gasification Key to India’s Energy Security and Industrial Growth: Union Minister G.Kishan Reddy-Union Minister for Coal and Mines, G. Kishan Reddy, today highlighted that coal gasification will be pivotal in strengthening India’s energy security, reducing import dependence, and supporting industrial growth, while addressing the Bharat Electricity Summit 2026.
• Coal gasification is a thermo-chemical process that converts coal into synthesis gas (syngas)—a mixture of carbon monoxide ,hydrogen ,carbon dioxide,methane—by reacting it with limited oxygen and steam at high temperatures and pressures. This cleaner alternative to combustion allows coal to produce electricity, chemical feedstocks (methanol, ammonia, urea), and liquid fuel.

International Affairs

• Severe Escalation in West Asia & Diego Garcia Strike Attempt:The geopolitical landscape in West Asia took a drastic turn today, heavily impacting global markets.Long-Range Strike: Iran launched two intermediate-range ballistic missiles (identified as Khorramshahr-4) targeting the US-UK military base at Diego Garcia in the Indian Ocean (approx. 4,000 km from Iran). Though intercepted/failed, it demonstrates Iran's expanded strike radius, alarming NATO and regional allies.
• India-Africa Strategic Partnership Meet:Held during the Bharat Electricity Summit 2026 in New Delhi, this meet was chaired by Union Power Minister Manohar Lal.
• Key Agenda: Deepening engagement in renewable energy expansion, interconnected grid systems, and advancing the vision of "One Sun, One World, One Grid".
• New Ambassador to China:Senior diplomat Vikram K. Doraiswami has been appointed as India’s next Ambassador to China, a critical posting given the current geopolitical climate.
• Global Terrorism index:The Global Terrorism Index (GTI) 2026, published by the Institute for Economics & Peace (IEP), indicates that global deaths from terrorism fell by 28% in 2025 to 5,582, the lowest level since 2007. Despite this overall decline, the report highlights a significant resurgence in specific regions, with Pakistan topping the index for the first time.
• Inaugural Sikkim International Film Festival concludes in Gangtok:The inaugural Sikkim International Film Festival concluded in Gangtok this evening. A total of 40 films and documentaries were showcased during the four-day-long festival, which saw the presence of prominent personalities from the Bollywood and regional film industries.

Economy & Banking

• AI-Powered Tax Governance Yields Results:A new government report highlighted the massive success of Artificial Intelligence in tax compliance. AI-driven "NUDGE campaigns" generated over ₹11,000 crore in revenue. Furthermore, AI systems successfully detected approximately ₹8.86 lakh crore in GST evasion and Input Tax Credit (ITC) fraud between FY21 and FY25.
• Launch of CGSMFI-2.0:The Government of India introduced the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) to boost credit access for micro-borrowers and support financial inclusion at the grassroots level.The Credit Guarantee Scheme for Microfinance Institutions 2.0 (CGSMFI-2.0), launched in March 2026, provides guarantee coverage to Member Lending Institutions (MLIs) for loans extended to NBFC-MFIs and MFIs. It facilitates increased credit flow for on-lending to small borrowers, covering up to 80% for small MFIs.
• National Highways Fee Rules, 2026:The government notified new toll enforcement rules, mandating the seamless integration of National Electronic Toll Collection (NETC) with the VAHAN database to recover unpaid user fees through an automated e-notice system.

Science, Technology & Environment

• New Estuarine Fish Species Discovered:Scientists have discovered a new species of estuarine fish named Butis bargabhimae. It was found in the Rupnarayan River near Tamluk in West Bengal.
• IMD Nationwide Weather Alert:The India Meteorological Department (IMD) issued an Orange Alert for East and Central India due to severe thunderstorms and hailstorms. Meanwhile, a fresh Western Disturbance is expected to bring heavy snowfall to Himachal Pradesh and Uttarakhand.

Defence & Security

• INS Taragiri Commissioned:The Indian Navy strengthened its maritime capabilities with the commissioning of the indigenous stealth frigate 'Taragiri' (Project 17A).
• Exercise Amogh Jwala:The Indian Army successfully concluded Exercise Amogh Jwala at the Babina field firing ranges in Uttar Pradesh. The exercise validated the integration of mechanized forces with newly inducted drone and counter-drone systems.

Sports

• Lionel Messi Hits 900 Goals:Legendary Argentine footballer Lionel Messi made history by becoming only the second footballer in the history of the sport to score 900 career goals for club and country. Cristiano Ronaldo was the first to reach this milestone, doing so in September 2024.

Important Days

• World Water Day (March 22)-Significance: An annual UN observance to highlight the importance of freshwater and advocate for the sustainable management of freshwater resources.

Daily Current Affairs and GK Updates March 16, 2026

Daily Current Affairs March 16, 2026: FASTag Rate Hike, Project GANGA, and 98th Oscar Winners 

Welcome to your daily briefing at gkdailyindia.com. Today’s national and international landscape is marked by significant policy shifts and historic milestones. From the NHAI’s revised FASTag annual pass rates and the launch of Project GANGA for rural digital connectivity in Uttar Pradesh to India's strategic defense leap with a new submarine testing facility in Karwar, we cover the essential updates for competitive exam aspirants. Additionally, we dive into the 98th Academy Awards highlights, where Paul Thomas Anderson’s One Battle After Another dominated the night. Read on for a comprehensive breakdown of economy, trade, and sports news.

India- National Affairs

• New FASTag Annual Pass Rates: The National Highways Authority of India (NHAI) announced a price hike for the FASTag Annual Pass effective from April 1, 2026.

  • New Rate: ₹3,075 (increased by ₹75 from the previous ₹3,000).

  • Validity: Valid for 1 year or 200 toll crossings, whichever comes first.

  • Applicability: Exclusively for non-commercial private vehicles (Cars/Jeeps/Vans).

• PM Modi's "Project GANGA": Aimed at providing high-speed digital connectivity to 20 lakh rural households in Uttar Pradesh.In this regard, a memorandum of understanding (MoU) was signed between the State Transformation Commission (STC) and One OTT Entertainment Limited (OIL), a subsidiary of the Hinduja Group.

• Submarine Testing Facility at Karwar: India commissioned its first-ever Pneumatic RAM Test Facility at the Naval Group India workshop in Karwar, Karnataka.
• Significance: This facility is dedicated to the maintenance and testing of the "Pneumatic Mast Raising System" for Kalvari-class (Scorpène) submarines.With this, India joins France and Brazil as the only nations with this specific capability, furthering the Aatmanirbhar Bharat initiative by reducing dependence on overseas testing in France. Commissioned by Vice Admiral B. Sivakumar, Chief of Materiel(COM).
• AIIMS Delhi & Passive Euthanasia: AIIMS Delhi has initiated the medical protocol for passive euthanasia for Harish Rana, following a landmark Supreme Court verdict. A specialized team led by Dr. Seema Mishra will gradually withdraw life-sustaining treatment (nutrition and hydration) over 2-3 weeks, shifting focus to palliative care to ensure "death with dignity."

• Mule Account Racket Busted: Karnataka Police (Gadag CEN) arrested five individuals for running a cybercrime racket

• Modus Operandi: The gang lured students with fake "scholarships" to open bank accounts (mule accounts), then used these accounts for illegal gaming and cyber fraud transactions.

• SATHEE App:The Ministry of Education, in collaboration with IIT Kanpur, launched the SATHEE (Self-Assessment, Test and Help for Entrance Exams) app, a free, AI-enabled digital platform providing, high-quality, multilingual, and self-paced learning for competitive exams like JEE, NEET, CUET, SSC, and banking. The platform offers IIT and AIIMS-curated study material, live and recorded lectures, doubt-clearing sessions, and 60,000+ quiz questions.

Economy & Trade

• India-US Trade Deal on Hold: Commerce Secretary Rajesh Agarwal announced that the signing of the bilateral trade agreement with the US is paused.

  • Reason: India is seeking clarity on the new "tariff architecture" being developed by the US.

  • Context: This follows Malaysia’s recent exit from its trade deal with the US, signaling a period of global trade uncertainty.

• Trade Deficit: India’s merchandise trade deficit narrowed (on a month-on-month basis) to $27.1 billion in February 2026. However, concerns remain due to rising crude oil prices and geopolitical tensions in West Asia.

• WPI Inflation: Wholesale Price Index (WPI) inflation rose to an 11-month high of 2.13% in February 2026 (data released March 16). Driven by Increased prices in manufactured products and primary articles. Fuel and power segments continue to show deflation but are narrowing as global crude prices cross the $100/barrel mark.

• NTT DATA has officially announced the launch of its GCC Innovation Acceleration Program (launched in October 2025 and announced on March 16, 2026), designed to support global companies in rapidly establishing and scaling their Global Capability Centers (GCCs) and offshore innovation hubs in India

Sports

Indian Wells Open 2026 (BNP Paribas Open):

• Men’s Singles Winner: Jannik Sinner (defeated Daniil Medvedev in the final).
• Women’s Singles Winner: Aryna Sabalenka (defeated Elena Rybakina).

Important Days (March 16)

• National Vaccination Day, observed annually in India on March 16, highlights the crucial role of vaccines in preventing life-threatening diseases, particularly through the Universal Immunization Programme (UIP). Originally marking the 1995 oral polio vaccine initiative, it emphasizes immunization importance for all, targeting the protection of millions of children and pregnant women annually.

International Affairs

98th Academy Awards (Oscars)

The 2026 Oscars concluded with significant wins for both veterans and first-timers:

• Best Picture: One Battle After Another (Directed by Paul Thomas Anderson)

• Best Director: Paul Thomas Anderson (One Battle After Another)

• Best Actor: Michael B. Jordan (Sinners) — This is his first career Oscar.

• Best Actress: Jessie Buckley (Hamnet)

• Best Supporting Actor: Sean Penn (One Battle After Another) — His 3rd Oscar win.

• Best Supporting Actress: Amy Madigan (Weapons) — Won at the age of 75.

• Best Animated Feature: KPop Demon Hunters

Static GK & Exam Snippets

• Polly Umrigar: The award is named after the legendary Indian cricketer who was the first to score a double century in Tests for India.

• FASTag: Uses Radio Frequency Identification (RFID) technology for making toll payments directly from the linked account.

• OSCAR Venue:The Academy Awards (Oscars) are held at the Dolby Theatre in Hollywood, Los Angeles, California. Located within the Ovation Hollywood complex (formerly Hollywood & Highland Center), it has been the permanent home of the ceremony since 2002. The venue is famous for its grand stage and hosting major entertainment events.

• Mule account:A mule account is a bank account used by criminals to receive, transfer, or launder illicit funds, often by exploiting unsuspecting individuals (money mules) via job scams or phishing. These accounts mask the origin of stolen money, allowing fraudsters to bypass detection. Account holders risk having their accounts frozen and facing criminal investigation