Daily Current Affairs – June 16, 2026

India plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if required to boost capital inflows. These actions follow recent tax relief and banking regulator initiatives aimed at strengthening the Indian market. The government is committed to ensuring the necessary investments enter the country.

Fertiliser supplies and prices will take months to return to normal. Natural gas and petroleum derivative supplies need to resume. Ammonia prices may stabilize soon. Sulphur prices could remain high longer. Disruptions to shipping lanes have impacted imports. Restarting plants and clearing stranded cargo will take time. India has enough urea for the kharif season but faces DAP pressure.

RSS does not receive government funds and hence needs no registration, Bhagwat says. Kharge wrote to the RSS chief on June 13, seeking details about the organisation’s registration status, sources of funding, income, expenditure, and assets.

The report is based on an online survey of nearly 1 lakh people across 48 markets worldwide. The study states that consumption patterns have changed with audiences’ growing disengagement with news

Mitchell Valdes-Sosa, one of the architects of Cuba’s biotechnology strategy, says U.S. sanctions are crippling Cuba’s healthcare and biotech sectors by choking off income, supplies and energy; despite worsening shortages and health outcomes, Cuba is prioritising key research and expanding international collaboration to keep its biotech industry functioning, he adds

Crew members of the Guinea-Bissau-flagged MT Jalveer, carrying 20 Indians, were evacuated on June 11 after the vessel came under attack off an Oman port

Pakistan's Finance Minister Muhammad Aurangzeb stated it's too early to revise the budget despite potential economic improvements post-Iran war. He noted that damaged energy infrastructure will delay supply chain normalization and inflation recovery. Aurangzeb also indicated plans to shift towards commercial borrowing to alter Pakistan's creditor profile without increasing overall external debt.

Adani Enterprises will be in focus after announcing a strategic partnership with Jabil to develop an AI and data centre infrastructure manufacturing platform in India. The collaboration aims to build multi-gigawatt capacity for AI hardware and supporting systems, targeting growing global demand for AI computing and digital infrastructure.

The floor price for the proposed stake sale under the offer-for-sale (OFS) route has been fixed at ₹352 per share, GIC Re informed the exchanges late on Monday. 

RBI places responsibility on lenders for all advertising, marketing, and the sale of financial products undertaken directly or through agents or outsourced arrangements.

The USA got off to a great start and opened the scoring through Ashley, who found the back of the net with a field goal in the fourth minute

As president of the PGTI, the Indian cricket legend is determined to take the sport to different parts of the country, broaden its reach and generate greater interest