Current Affairs One - Liner: 18th June 2026

June 18, 2026
National:
  • On 16–17 June 2026, Council of Scientific and Industrial Research (CSIR) held a Technology Transfer & Bharatiya Nirdeshak Dravya (BND) Release event in New Delhi. It licensed 7 technologies, released 10 BNDs (8 phytochemicals, 1 precious metal, 1 propane gas standard), and handed over 5 quantum sensing components to the Defence Research and Development Organisation (DRDO).
  • In mid‑June 2026, Tripura’s traditional tribal stringed instrument ‘Sarinda’ received the Geographical Indication (GI) tag. The recognition highlights its cultural heritage among Tripuri communities and preserves indigenous craftsmanship. This marks Tripura’s fourth GI tag, after Queen Pineapple, Rignai/Pachra, and Matabari Peda.
  • On 16 June 2026, the Competition Commission of India (CCI) cleared three major deals. TVS Group entities will acquire 100% of PGIM India Asset Management & Trustees, managing over ₹30,000 crore AUM. Temasek invested in medical devices firm Romsons Group, strengthening healthcare manufacturing. Kedaara Capital purchased a stake in Axis Finance, aligning with broader financial sector approvals.
International:
  • On 8 June 2026, India & Japan adopted the Rules of Implementation for their Joint Crediting Mechanism (JCM) under Article 6.2 of the Paris Agreement. It activates carbon credit trading and collaboration on GHG emission reduction projects, supporting both nations’ NDCs. The framework promotes sustainable development in India, linking climate action with economic growth.
Banking:
  • On 16 June 2026, YES Bank and Northern Arc Capital announced a strategic partnership to expand formal credit access & digital lending. Northern Arc will leverage its 368 originator partners and platforms like nPOS, NIMBUS & NuScore, integrated with YES Bank’s ecosystem. The collaboration focusesn co‑lending models and Alternative Investment Funds (AIFs) to widen debt investment opportunities.
  • On 5 June 2026, Uzbekistan officially joined the New Development Bank (NDB). It became the 10th member and the first Central Asian country to enter the BRICS‑led multilateral bank. This expands NDB’s regional footprint, strengthening development finance & cooperation in Central Asia.
  • In June 2026, Bank of Baroda (BoB) launched the ‘bob Golden Goal Deposit Scheme’, a special 555‑day retail term deposit (below ₹3 crore). It offers interest rates up to 6.75–6.80% (general), 7.25–7.30% (senior citizens), and 7.35–7.40% (super senior citizens 80+), depending on callable/non‑callable options.
MoUs:
  • On 15 June 2026, the Ministry of Road Transport & Highways (MoRTH) signed an MoU with Ashok Leyland & Switch Mobility for the Delhi‑NCR Vehicle Replacement Scheme. Earlier approved by the Union Cabinet (₹9,585 crore), the scheme targets replacement of 2.07 lakh+ BS‑IV or older trucks & buses in Delhi‑NCR over 2 years. Beneficiaries include ~1.91 lakh trucks & 16,329 buses, ensuring fleet modernization & pollution reduction.
Science & Technology:
  • In June 2026, ISRO Chairman V. Narayanan announced collaboration with the Department of Atomic Energy (DAE) to develop artificial heating systems for lunar landers. The system aims to extend lander survival & operations to 200 Earth days (~7 lunar days), compared to the current ~14‑day limit.
  • Defence:
  • On 14 June 2026, the Indian Navy formally decommissioned its Sea King Mk42B fleet after 36+ years of service. The ceremony at INAS 330 “Harpoons” squadron, Mumbai, saw the unit being number‑plated. The fleet was an iconic anti‑submarine & multi‑role helicopter force, central to naval aviation legacy.
  • In June 2026, the Ministry of Defence (MoD) approved a ₹500 crore National Military Drone Technology Hub at IIT‑Kanpur. The hub will build end‑to‑end capabilities in military drones, payloads, data links, ground stations & counter‑drone systems. Part of the Uttar Pradesh Defence Industrial Corridor, it boosts India’s indigenous defence ecosystem & Atmanirbhar Bharat
Important Days:
  • On 16 June 2026, the world observed the International Day of Family Remittances, themed “Leveraging remittances for rural resilience, entrepreneurship & decent jobs, especially for women & youth.” It recognizes the contributions of ~250–300 million migrant workers sending money to 800+ million family members worldwide.
Obituaries:
  • On 14 June 2026, Lt Gen Vijay Oberoi (PVSM, AVSM, VSM, Retd) passed away at Command Hospital, Chandimandir, aged 84. A battle casualty of 1965 war, he lost a leg yet rose to become Vice Chief of Army Staff & Western Army Commander.

Questions:

Q.1 Which country became the 10th member of the New Development Bank (NDB) on 5 June 2026?
a) Kazakhstan
b) Uzbekistan
c) Azerbaijan
d) Mongolia

Answer: b) Uzbekistan became the first Central Asian country to join the BRICS-led New Development Bank.

Q.2 Which traditional tribal stringed instrument of Tripura received the Geographical Indication (GI) tag in June 2026?
a) Pena
b) Sarangi
c) Sarinda
d) Dotara

Answer: c) Sarinda, a traditional stringed instrument associated with Tripuri tribal communities, received the GI tag in June 2026.

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