Daily Current Affairs – June 6, 2026

US-India Business Council President Atul Keshap believes a trade deal is close. He notes ongoing talks and a US tariff proposal are part of negotiations. Keshap stresses the need for compromise from both sides to finalize the agreement. He urges India to pursue reforms to boost investment. The deal aims to increase bilateral trade significantly.

India's economy surged by a better-than-expected 7.8% in the March quarter, exceeding forecasts and pushing FY26 growth to 7.7%. This robust performance was driven by strong private investment and consumption, defying concerns over the West Asia war. The government remains committed to its reform agenda to maintain economic momentum.

Upcoming actors struggle for opportunities because Hindi film production has fallen by half, says Ms. Qureshi; we are making movies for numbers and mid-budget movies have disappeared, says Ms. Kamra

Pakistan, which constantly raises the issue of Jammu and Kashmir as well as other topics internal to India at various UN platforms, currently sits in the Security Council as a non-permanent member and its tenure will end this year

U.S. District Chief Judge said the policy “threw the lives of countless immigrants living in the United States into indeterminate legal limbo”, and he accused the U.S. Citizenship and Immigration Services of ignoring the law

SpaceX's massive $75 billion IPO is set to launch next week, potentially valuing the company at $1.75 trillion. Investors are watching closely amid fears of market overexuberance, especially after recent job data fueled concerns about hawkish monetary policy. Key tech earnings and inflation data will also shape market sentiment.

After more than a decade, Bitcoin finds itself in a downturn unlike any spring we've seen before. Its value has plummeted as AI stocks surge, and with fresh market listings on the horizon, investors are reallocating their resources. Many are choosing to withdraw from Bitcoin ETFs, shifting their focus to the burgeoning semiconductor sector.

The proposed funding will support the development of multiple commercially attractive green hydrogen projects, scaling the supply of competitive, seamless, high-quality green molecules to industrial customers nationwide

The measure should be a “game-changer” as it would help attract foreign currency flows while allowing banks to bolster their deposit growth and meet client funding requirements, said P.D. Singh, chief executive officer, India & South Asia, Standard Chartered Bank.