Daily Current Affairs – June 18, 2026

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic NDS-OM platform. Despite recent tax incentives, the RBI aims to consolidate liquidity locally for better price discovery and ease of trading, ensuring a unified market.

Indian apparel exporters face pressure as US buyers demand discounts of up to 10%. This comes as India's readymade garment exports have declined for six consecutive months, largely due to weaker demand in the United States. Competitors like Vietnam and Indonesia are gaining ground.

NREGA Sangarsh Morcha says the new scheme will provide only 42 days of work and not 125 days as government promises; workers’ groups say the protest will continue till the law is repealed

The philosophy the SpaceX IPO stands for is trying to normalise the idea that what is true is only a function of who possesses the force required to assert it

Tarique Rahman is expected to leave for his first round of foreign tours next week that will take him to Malaysia and China

BSE shares are under scrutiny as rival NSE files for India's largest IPO. While some see this as a natural reaction, experts believe it offers a direct valuation benchmark. The NSE's IPO, an offer-for-sale by several public sector entities, is expected to list on BSE itself. Investors anticipate a return to fundamental analysis post-listing.

Citi initiated coverage on Vedanta Aluminium with a 'Buy' rating and a Rs 560 target price, identifying it as its top Indian metals pick. The brokerage cited a positive aluminium outlook, growth potential, and cost efficiencies as key drivers for its bullish stance. Despite an initial 11% drop post-listing, analysts see strong long-term potential in the aluminium business.

The union finance ministry is said to form a new banking reforms committee to consolidate 12 public sector banks into five and raise foreign investment limits to 49%.

FSSAI has introduced perpetual food business licences, ending five-year renewals for over 6.7 mn operators. The reform also exempts many street vendors from separate registration, raises turnover thresholds for licences, and aims to boost ease of doing business in India's $600-billion food sector.

Unbeaten India are atop Pool A with six points from two games and have already qualified for the last four

He surpassed former captain and current Hockey India president Dilip Tirkey who has represented the country 412 times in his decorated career