Daily Current Affairs – June 20, 2026

The proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods needed to establish processing facilities, a senior government official told ET.

Uttarakhand's famed Dehradun litchis have officially entered the European market with the first export consignment reaching Italy. This significant move, facilitated by APEDA, saw one metric tonne of the sweet, aromatic fruit dispatched on June 18, 2026. The initiative promises better returns for local farmers, who are now seeing prices around 25% higher than domestic rates, boosting the region's agricultural economy.

Committed expenditure is projected to exceed ₹1.22 lakh crore in 2026-27, with salaries, pensions and interest payments consuming nearly three-fourths of state revenues

In this episode we look at the Tamil Nadu Assembly revives the Cauvery dispute with a resolution against Karnataka’s Mekedatu dam project, while Kerala’s first budget under Chief Minister V.D. Satheesan sparks political debate. We also look at Israel-Hezbollah clashes test a fragile U.S.-Iran deal, and more.

The meeting between National Assembly chief Jorge Rodriguez and former Opposition lawmaker Dinorah Figuera — who returned to Caracas on Thursday (June 18) after eight years of exile — "is a first step in what will be a thoughtful process to secure a free and open Venezuelan society," State Department spokesman Tommy Pigott said in a statement.

The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scenarios, including a prolonged conflict and potential blockage of critical energy trade routes. However, as ceasefire negotiations progressed, traders began unwinding these risk premiums.

Investors are keenly watching Micron Technology's upcoming earnings report for crucial insights into the ongoing AI-driven stock market rally. Despite recent market jitters, the semiconductor sector's robust demand and significant spending on data centers are fueling optimism. This report will be a key indicator of whether the current surge in chip demand and related profits can sustain its impressive momentum, offering a vital pulse check for the market's AI-fueled ascent.

The government plans to raise around ₹13,000 crore through an offer for sale in Punjab & Sind Bank, UCO Bank and Indian Overseas Bank to meet the minimum public shareholding norms prescribed by the Securities and Exchange Board of India

Financial year 2025 cost disclosures by Groww on printing and stationery revealed that large Indian banks spent hundreds of crores on forms, chequebooks, passbooks, statements and other paper-linked requirements.