Saturday, Jun 20

Daily Current Affairs: 20 June 2026

Daily current affairs for 20 June 2026 with exam-focused key facts, connected news context, and revision notes for UPSC, SSC, banking and government exams.

Editorial note for exam revision Last updated: 20 June 2026. This briefing is structured for current affairs revision, with key updates and related coverage links to help readers connect recurring topics across days.

Today at a glance

Top current affairs to revise

  1. Income Tax Department reports 14.64 per cent rise in net direct tax collections to ₹5.21 lakh crore
  2. Reserve Bank of India (RBI) cancels licence of Shree Mahalaxmi Urban Co-operative Credit Bank
  3. Asian Development Bank (ADB) signs
    Editorial note for exam revision Last updated: 20 June 2026. This briefing is structured for current affairs revision, with key updates and related coverage links to help readers connect recurring topics across days.
    0 million financing package with Schoolnet India Limited (SIL)
  4. Axis Bank and Birla Institute of Technology and Science (BITS) Pilani partner to establish Rs 100 crore industry research, technology and innovation park
  5. Reserve Bank of India (RBI) extends Keki Mistry's tenure as interim chairman of HDFC Bank
  6. Indian Cyber Crime Coordination Centre (I4C) Launches GRM and MRM Portals for Cybercrime Victims

Headlines by topic

Topic-wise current affairs headlines

All topic pages
Economy, Banking and Finance5 headlines
  1. Income Tax Department reports 14.64 per cent rise in net direct tax collections to ₹5.21 lakh crore
  2. Reserve Bank of India (RBI) cancels licence of Shree Mahalaxmi Urban Co-operative Credit Bank
  3. Asian Development Bank (ADB) signs $10 million financing package with Schoolnet India Limited (SIL)
  4. Axis Bank and Birla Institute of Technology and Science (BITS) Pilani partner to establish Rs 100 crore industry research, technology and innovation park
  5. Reserve Bank of India (RBI) extends Keki Mistry's tenure as interim chairman of HDFC Bank
Open Economy & Banking topic page
Government Schemes and Policy2 headlines
  1. Indian Cyber Crime Coordination Centre (I4C) Launches GRM and MRM Portals for Cybercrime Victims
  2. GeM signs MoU with CSC-SPV to expand government procurement access
Open Schemes & Policy topic page
International, Defence and Summits3 headlines
  1. Indian Army participates in 23rd edition of Exercise KHAAN QUEST in Mongolia
  2. World Economic Forum (WEF) releases Energy Transition Index 2026; India ranks 70th among 120 countries.
  3. Indian Coast Guard inducts first indigenously constructed hovercraft H-561 on 18 June 2026
Open International & Defence topic page
Science, Discovery, Tech and Environment2 headlines
  1. United Arab Emirates (UAE) mandates minimum age of 15 for social media use
  2. Food Minister Pralhad Joshi launches smart warehousing system of Central Warehousing Corporation (CWC) using AI and IoT technologies.
Open Science & Environment topic page
Miscellaneous Current Affairs5 headlines
  1. Inauguration of France's first traditional Hindu temple in September
  2. Qadian-Beas rail link project revived on June 19, 2026
  3. World Sickle Cell Day 2026 observed globally on June 19
  4. QS World University Rankings 2027 released
  5. International Picnic Day observed on June 18
Open Miscellaneous topic page
People, Positions and Obituaries3 headlines
  1. Dr. T.V. Somanathan Appointed Head of Search-cum-Selection Committee for National Sports Board
  2. Saibal Chattopadhyay Appointed Chairperson of National Statistical Commission (NSC)
  3. Bimal Patel elected judge of International Tribunal for the Law of the Sea
Open People & Positions topic page
Jump to current affairs headlines
  1. Income Tax Department reports 14.64 per cent rise in net direct tax collections to ₹5.21 lakh crore
  2. Reserve Bank of India (RBI) cancels licence of Shree Mahalaxmi Urban Co-operative Credit Bank
  3. Asian Development Bank (ADB) signs $10 million financing package with Schoolnet India Limited (SIL)
  4. Axis Bank and Birla Institute of Technology and Science (BITS) Pilani partner to establish Rs 100 crore industry research, technology and innovation park
  5. Indian Cyber Crime Coordination Centre (I4C) Launches GRM and MRM Portals for Cybercrime Victims
  6. GeM signs MoU with CSC-SPV to expand government procurement access
  7. Indian Army participates in 23rd edition of Exercise KHAAN QUEST in Mongolia
  8. World Economic Forum (WEF) releases Energy Transition Index 2026; India ranks 70th among 120 countries.
  9. Indian Coast Guard inducts first indigenously constructed hovercraft H-561 on 18 June 2026
  10. United Arab Emirates (UAE) mandates minimum age of 15 for social media use
  11. Food Minister Pralhad Joshi launches smart warehousing system of Central Warehousing Corporation (CWC) using AI and IoT technologies.
  12. Inauguration of France's first traditional Hindu temple in September
  13. Qadian-Beas rail link project revived on June 19, 2026
  14. World Sickle Cell Day 2026 observed globally on June 19
  15. QS World University Rankings 2027 released
  16. International Picnic Day observed on June 18
  17. Dr. T.V. Somanathan Appointed Head of Search-cum-Selection Committee for National Sports Board
  18. Saibal Chattopadhyay Appointed Chairperson of National Statistical Commission (NSC)
  19. Bimal Patel elected judge of International Tribunal for the Law of the Sea
  20. Reserve Bank of India (RBI) extends Keki Mistry's tenure as interim chairman of HDFC Bank
☰

Jump to current affairs

Headlines 20 June 2026
  1. Income Tax Department reports 14.64 per cent rise in net direct tax collections to ₹5.21 lakh crore
  2. Reserve Bank of India (RBI) cancels licence of Shree Mahalaxmi Urban Co-operative Credit Bank
  3. Asian Development Bank (ADB) signs $10 million financing package with Schoolnet India Limited (SIL)
  4. Axis Bank and Birla Institute of Technology and Science (BITS) Pilani partner to establish Rs 100 crore industry research, technology and innovation park
  5. Indian Cyber Crime Coordination Centre (I4C) Launches GRM and MRM Portals for Cybercrime Victims
  6. GeM signs MoU with CSC-SPV to expand government procurement access
  7. Indian Army participates in 23rd edition of Exercise KHAAN QUEST in Mongolia
  8. World Economic Forum (WEF) releases Energy Transition Index 2026; India ranks 70th among 120 countries.
  9. Indian Coast Guard inducts first indigenously constructed hovercraft H-561 on 18 June 2026
  10. United Arab Emirates (UAE) mandates minimum age of 15 for social media use
  11. Food Minister Pralhad Joshi launches smart warehousing system of Central Warehousing Corporation (CWC) using AI and IoT technologies.
  12. Inauguration of France's first traditional Hindu temple in September
  13. Qadian-Beas rail link project revived on June 19, 2026
  14. World Sickle Cell Day 2026 observed globally on June 19
  15. QS World University Rankings 2027 released
  16. International Picnic Day observed on June 18
  17. Dr. T.V. Somanathan Appointed Head of Search-cum-Selection Committee for National Sports Board
  18. Saibal Chattopadhyay Appointed Chairperson of National Statistical Commission (NSC)
  19. Bimal Patel elected judge of International Tribunal for the Law of the Sea
  20. Reserve Bank of India (RBI) extends Keki Mistry's tenure as interim chairman of HDFC Bank
Topic

Economy, Banking and Finance

View all Economy & Banking

Income Tax Department reports 14.64 per cent rise in net direct tax collections to ₹5.21 lakh crore

Key Updates:

  • The Income Tax Department reported net direct tax collections of ₹5,21,024.82 crore as of 17 June 2026 for the financial year 2026-27, marking a 14.64 per cent year-on-year growth.
  • Gross direct tax collections for the same period rose 12.46 per cent to ₹6,10,050.53 crore, compared to ₹5,42,478.57 crore in the previous year.
  • Securities Transaction Tax (STT) collections increased to ₹18,856.12 crore from ₹13,013.02 crore in the corresponding period of the previous year.
  • Advance tax collections for the financial year 2026-27 stood at ₹1,78,373.06 crore as of 17 June 2026, reflecting a growth of 15.30 per cent.
  • Corporate advance tax collections grew by 16.01 per cent to ₹1,40,752.74 crore, while non-corporate advance tax collections rose 12.73 per cent to ₹37,620.32 crore.

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Reserve Bank of India (RBI) cancels licence of Shree Mahalaxmi Urban Co-operative Credit Bank

Key Updates:

  • The Reserve Bank of India (RBI) has cancelled the licence of Gokak, Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its worsening financial position.
  • The RBI stated that the lender lacks adequate capital and earning prospects and does not comply with certain provisions of the Banking Regulation Act, 1949.
  • Upon liquidation, approximately 97.9 per cent of depositors are entitled to receive the full amount of their deposits from the Deposit Insurance and Credit Guarantee Corporation (DICGC).
  • The Registrar of Co-operative Societies, Karnataka, has been requested to issue an order for winding up the bank and to appoint a liquidator.
  • The bank has been prohibited from conducting the business of banking, including the acceptance and repayment of deposits.

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Asian Development Bank (ADB) signs $10 million financing package with Schoolnet India Limited (SIL)

Key Updates:

  • The Asian Development Bank (ADB) signed a $10 million financing package with Schoolnet India Limited (SIL) to improve learning outcomes for 4.5 million students.
  • The project aims to scale up digital learning infrastructure in 30,000 government schools across India, marking ADB's first private sector financing for a digital education project in India.
  • The Schoolnet Digital Learning Project aligns with India's National Education Policy (NEP) 2020 and targets the installation of computer laboratories in at least 1,000 schools and 58,000 digital classrooms.
  • The initiative includes training for at least 56,000 teachers on digital pedagogy and the delivery of learning materials for inclusive and equitable digital teaching.
  • The financing includes a $5 million loan from the Leading Asia’s Private Infrastructure Fund 2 (LEAP 2), an ADB-managed fund capitalized with a $1.5 billion commitment by the Japan International Cooperation Agency (JICA).

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Axis Bank and Birla Institute of Technology and Science (BITS) Pilani partner to establish Rs 100 crore industry research, technology and innovation park

Key Updates:

  • Axis Bank signed a Memorandum of Understanding (MoU) with Birla Institute of Technology and Science (BITS) Pilani to establish the Axis Bank–BITS Industry Research, Technology & Innovation Park at the BITS Pilani Hyderabad Campus.
  • The collaboration involves a Rs 100 crore CSR grant from Axis Bank to support the park's establishment.
  • The park will focus on Life Sciences, Biopharma, healthcare and medical devices, aiming to enable cost-effective healthcare solutions.
  • The park is located in Hyderabad, Telangana, within the Genome Valley life sciences corridor.
  • The park will span approximately 120,000 sq. ft. and house laboratories, incubation spaces, and shared facilities to support academia, startups, and MSMEs.

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Reserve Bank of India (RBI) extends Keki Mistry's tenure as interim chairman of HDFC Bank

Key Updates:

  • The Reserve Bank of India (RBI) approved a three-month extension of Keki Mistry's tenure as interim part-time chairman of HDFC Bank until September 18, 2026, or until a regular chairman is appointed.
  • Keki Mistry was appointed as the interim part-time chairman in March 2026 following the resignation of former chairman Atanu Chakraborty.
  • HDFC Bank scheduled its 32nd Annual General Meeting (AGM) for August 5, 2026.
  • The bank proposed a dividend of ₹13 per equity share of Re 1 each for the financial year ended March 31, 2026.
  • The dividend payment date is scheduled for on or after August 6, 2026, subject to shareholder approval at the AGM.

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Topic

Government Schemes and Policy

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Indian Cyber Crime Coordination Centre (I4C) Launches GRM and MRM Portals for Cybercrime Victims

Key Updates:

  • The Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs (MHA) has launched the Grievance Redressal Mechanism (GRM) and the Money Restoration Module (MRM) portals.
  • The GRM portal is designed to handle grievances related to bank accounts that have been frozen, lien-marked, or seized during cybercrime investigations.
  • The MRM portal facilitates the restoration and refund of money lost by victims of cyber financial fraud that has been frozen or recovered following the registration of a complaint.
  • These portals establish direct coordination between the police, banks, and the National Cyber Crime Reporting Portal (NCRP) to provide timely relief to affected citizens.
  • Citizens can report cyber fraud by contacting the national cyber helpline 1930 or lodging a complaint on the official NCRP website.

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GeM signs MoU with CSC-SPV to expand government procurement access

Key Updates:

  • The Government e-Marketplace (GeM) signed a Memorandum of Understanding (MoU) with Common Service Centre e-Governance Services India Limited (CSC-SPV) in New Delhi.
  • The Ministry of Commerce and Industry stated the partnership aims to expand access to government procurement opportunities, particularly in rural and underserved regions.
  • The MoU expands a collaboration between GeM and CSC-SPV that was originally established in 2022.
  • The scope of the collaboration includes facilitation for Vendor Assessment, Brand Approval, and the creation and publication of Product and Service Catalogues.
  • Initially, 50 GeM Suvidha Kendras (GSKs) will be established on a pilot basis through the CSC-SPV network across select states to provide guidance, training, and onboarding support.

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Topic

International, Defence and Summits

View all International & Defence

Indian Army participates in 23rd edition of Exercise KHAAN QUEST in Mongolia

Key Updates:

  • An Indian Army contingent is participating in Exercise KHAAN QUEST, a multilateral military exercise scheduled from 20 June to 3 July at the Five Hills Training Area in Ulaanbaatar, Mongolia.
  • The exercise aims to enhance interoperability in peacekeeping operations conducted under Chapter VII of the United Nations (UN) Charter.
  • The Indian contingent comprises 40 personnel represented by a battalion of the Jat Regiment along with personnel from other arms and services.
  • Exercise KHAAN QUEST originated as a bilateral event between the United States (US) and Mongolian defence forces in 2003 and transitioned to a multilateral format in 2006.
  • The 23rd iteration of the exercise focuses on tactical drills including cordon and search operations, counter improvised explosive device (IED) drills, and casualty evacuation.

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World Economic Forum (WEF) releases Energy Transition Index 2026; India ranks 70th among 120 countries.

Key Updates:

  • Global energy transition readiness declined for the first time in over a decade, according to the World Economic Forum (WEF) Energy Transition Index 2026.
  • India advanced two places to rank 70th among 120 countries, registering one of the strongest improvements in transition readiness.
  • Sweden, Finland, and Denmark retained the top three positions in the Energy Transition Index 2026.
  • India's renewable energy jobs reached 1.3 million in 2024 (up 25% over 2023), and low-carbon jobs increased by 24% in 2024.
  • Global clean energy investment in 2025 stood at USD 2.3 trillion out of a total record global investment of USD 3.3 trillion.

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Indian Coast Guard inducts first indigenously constructed hovercraft H-561 on 18 June 2026

Key Updates:

  • The Indian Coast Guard (ICG) inducted the first indigenously constructed air cushion vehicle (ACV), H-561, into service on 18 June 2026.
  • The ACV H-561 is the first of six hovercraft being built for the ICG.
  • The vessel was constructed by Chowgule & Company Private Limited at its Rassaim facility in Goa.
  • The induction of the ACV aims to enhance the ICG's operational effectiveness across maritime duties and supports the vision of Aatmanirbhar Bharat.
  • The project was delivered through collaboration between the ICG, the Ministry of Defence, and India's industry.

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Topic

Science, Discovery, Tech and Environment

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United Arab Emirates (UAE) mandates minimum age of 15 for social media use

Key Updates:

  • The United Arab Emirates (UAE) has established a minimum age of 15 for social media use, becoming the first Arab nation to implement such a regulation.
  • Children under the age of 15 are prohibited from creating, operating, or using personal social media accounts, including posting content and joining public groups.
  • Social media platforms are required to implement robust age-verification systems using Artificial Intelligence (AI) powered technologies and digital identity checks.
  • Teenagers aged 15 and 16 are permitted to use platforms only with safeguards such as content filters, screen-time management tools, and parental supervision features.
  • Social media companies have up to 12 months to comply with the new requirements, which include prohibiting the use of minors' personal data for targeted advertising.

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Malaysia Enforces Social Media Ban for Users Under 16 (Start of June)

Malaysia has enforced rules barring children under 16 from owning social media accounts. The regulations apply to social media platforms with at least 8 million users, including Facebook, Instagram, TikTok, and YouTube.

Food Minister Pralhad Joshi launches smart warehousing system of Central Warehousing Corporation (CWC) using AI and IoT technologies.

Key Updates:

  • Union Food Minister Pralhad Joshi launched the smart warehousing system of Central Warehousing Corporation (CWC) that uses modern technologies like AI and IoT to monitor inventory and real-time operations in 216 grain warehouses through integrated dashboards.
  • The system is being introduced to ensure transparency and curb foodgrains diversion, as foodgrains for Public Distribution System (PDS) are stored in CWC and Food Corporation of India (FCI) depots.
  • The smart warehousing system deploys FASTag and ANPR-based gate automation integrated with VAHAN-SARATHI databases, smart locking systems, AI-based bag counting, face recognition-enabled authorised quality inspections, IoT gas sensors for carbon dioxide and phosphine monitoring, and AI surveillance for fire, smoke, and rodent detection.
  • These technologies are integrated with the Enterprise Resource Planning (ERP) system, generating automated records, real-time alerts, and multi-level operational dashboards from warehouse level to the ministry.
  • Food Secretary Sanjeev Chopra stated that about 150 FCI warehouses will be under the smart warehousing system by October.

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Topic

Miscellaneous Current Affairs

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Inauguration of France's first traditional Hindu temple in September

Key Updates:

  • France is scheduled to inaugurate its first traditional Hindu temple in September.
  • The temple has been crafted in India using stones sourced from India and is being assembled in France.
  • The temple project is associated with the Bochasanwasi Akshar Purushottam Swaminarayan Sanstha (BAPS).
  • Prime Minister (PM) Narendra Modi arrived in Paris following the Group of Seven (G7) Summit held in Evian, France.
  • A 15-day programme will be organised in September to mark the opening of the temple for the global Hindu community.

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Bohag Bihu (Rongali Bihu) celebrated on April 14, 2026 (Mid of April)

Bohag Bihu, also known as Rongali Bihu, is a major festival celebrated in the state of Assam to mark the beginning of the New Year. The festival signifies the start of the harvesting season and the first day of the Hindu…

ASI begins drilling at Konark Sun Temple on April 23, 2026 (End of April)

The Archaeological Survey of India (ASI) has initiated drilling a 6x5-foot passage into the Jagamohan (assembly hall) of the Konark Sun Temple. The Konark Sun Temple is a 13th-century monument designated as a United…

Key Updates:

  • The Union Government has revived the 39.68-km broad-gauge Qadian-Beas railway line project in Punjab at an estimated cost of approximately ₹1,400 crore.
  • The project was originally approved by the North-Western Railway during 1928-29 and was later included under the Socially Desirable Rail Connectivity Programme in the 2010-11 Railway Budget.
  • Northern Railway (NR) will execute the line connecting Qadian in Gurdaspur district with Beas in Amritsar district, passing through Dhapai, Ghuman, Butala, and Sathiala.
  • The proposed corridor will include 11 major bridges, 121 minor bridges, 54 road under bridges, and will be equipped with Kavach, India’s indigenous train collision avoidance system.
  • The project will benefit religious destinations including Qadian, Dera Baba Jaimal Singh in Beas, Sri Darbar Sahib, Dera Baba Nanak, Gurdwara Achal Sahib, and Gurdwara Bhagat Namdev Ji in Ghuman.

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World Sickle Cell Day 2026 observed globally on June 19

Key Updates:

  • World Sickle Cell Day is observed globally on June 19 every year.
  • The theme for World Sickle Cell Day 2026 is 'Closing the Survival Gap: Equity in Sickle Cell Disease'.
  • The United Nations General Assembly passed a resolution in 2008 that formally established June 19 as a day for international awareness.
  • The first World Sickle Cell Day was celebrated in 2009.
  • Edwidge Ebakisse Badassou, a mother and advocate, united patients and researchers in 2001 leading to the first international congress at UNESCO in 2002.

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World Hypertension Day 2026 observed on May 17, 2026 (End of May)

World Hypertension Day 2026 was observed on May 17, 2026. Doctors warned that hypertension often shows no symptoms and is increasingly affecting younger adults due to sedentary lifestyles, stress, poor diet, obesity…

QS World University Rankings 2027 released

Key Updates:

  • Massachusetts Institute of Technology (MIT) of the United States secured the top position in the QS World University Rankings 2027.
  • Imperial College London of the United Kingdom and Stanford University of the United States shared the second spot in the rankings.
  • India recorded its strongest-ever representation in the rankings with 52 institutions featured.
  • Indian Institute of Technology (IIT) Delhi was the highest-ranked Indian institution, securing the 118th position globally.
  • Indian Institute of Technology (IIT) Bombay was the second highest-ranked Indian institution at 134th place globally.

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International Picnic Day observed on June 18

Key Updates:

  • International Picnic Day is observed annually on June 18.
  • The National Park Service recorded 323 million visits across its system in 2025.
  • Great Smoky Mountains National Park recorded 11.5 million visits last year.
  • The article mentions a 43-day partial government shutdown of the National Park Service.
  • The article references the Blue Ridge Parkway and Going-to-the-Sun Road as scenic drives.

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Topic

People, Positions and Obituaries

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Dr. T.V. Somanathan Appointed Head of Search-cum-Selection Committee for National Sports Board

Key Updates:

  • The Ministry of Youth Affairs and Sports constituted a Search-cum-Selection Committee for the National Sports Board.
  • Cabinet Secretary Dr. T.V. Somanathan was appointed to lead the five-member committee.
  • The committee is established under the legal framework of the NSG Act, 2025.
  • The primary mandate of the committee is to identify and select members for the National Sports Board.
  • The official notification regarding the committee's formation was issued by the Press Information Bureau (PIB) on June 15, 2026.

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Saibal Chattopadhyay Appointed Chairperson of National Statistical Commission (NSC)

Key Updates:

  • The Appointments Committee of the Cabinet (ACC) has appointed Saibal Chattopadhyay as the Chairperson of the National Statistical Commission (NSC).
  • Shubhabrata Das, Satyendra Bahadur Singh, and Madhavan Mukund have been appointed as members of the NSC.
  • The NSC consists of a part-time Chairperson, four part-time Members, and the Chief Executive Officer (CEO) of NITI Aayog as an ex-officio member.
  • The Secretary of the Ministry of Statistics and Programme Implementation (MoSPI) serves as the Secretary to the NSC.
  • The NSC was established in 2005 to serve as a nodal body for core statistical activities and to monitor statistical priorities and standards in India.

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Bimal Patel elected judge of International Tribunal for the Law of the Sea

Key Updates:

  • Bimal N. Patel was elected as a judge of the International Tribunal for the Law of the Sea (ITLOS) for the 2026-2035 term during the 36th Meeting of States Parties to the United Nations Convention on the Law of the Sea (UNCLOS) held at the United Nations Headquarters in New York from June 15 to June 19.
  • Patel secured 115 votes out of 168 valid votes cast by member states.
  • He will assume office on October 1, 2026, succeeding India's current representative Neeru Chadha, whose nine-year term concludes in September 2026.
  • The newly elected judges for the 2026-2035 term represent India, Vietnam, Ghana, Tunisia, Russia, Brazil, and the Netherlands.
  • Patel is currently a member of the International Law Commission, Vice-Chancellor of Rashtriya Raksha University, and a member of India's National Security Advisory Board.
  • ITLOS is an independent judicial body established under the 1982 United Nations Convention on the Law of the Sea (UNCLOS), headquartered in Hamburg, comprising 21 independent judges.

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