Daily Current Affairs – June 7, 2026

India's economic growth is projected to slow to about 6.5 percent in fiscal year 2027. Higher costs, global tensions, and a potentially weak monsoon are key concerns. Despite these challenges, private spending and investment are expected to support growth above 6 percent. The economy finished fiscal year 2026 strongly, providing a solid foundation for the upcoming year.

A report on datasets for State Finance Commissions will be released by the Chief Economic Advisor in New Delhi on Monday. This initiative aims to strengthen evidence for fiscal decentralization, ensuring State Finance Commissions have access to reliable data for effective recommendations on local government finances and development.

After analysing the chatter on social media and getting a sense of the situation on the ground, it was felt that refusing permission may have led to some protesters storming the venue or the police station; the confrontation would have further fuelled the anger among the youth, government sources say

What were the two sets of appeals concerning the regulation and taxation of online gaming platforms in front of the Court? What were the main objections raised by gaming companies against the GST levy? What are the likely consequences for India’s online gaming industry?

North Korea has long insisted on its right to a nuclear weapon and ballistic missile programmes, although they are forbidden under the terms of UN Security Council sanctions

The police have issued disabling directions under the Online Criminal Harms Act (OCHA) to block access to the posts on YouTube, Facebook and X

The markets ended lower this week, with Nifty trading below its 50 and 100-week moving averages. While a crucial support zone near 23,000-23,100 is being defended, a sustained breach could trigger further weakness. The coming week is expected to start cautiously, with selective stock-specific opportunities amidst a sideways trajectory.

SpaceX and other mega IPO candidates may have to wait years before joining the S&P 500 after S&P Dow Jones Indices retained its profitability requirement for index inclusion. Despite their massive valuations, companies such as SpaceX, OpenAI and Anthropic must demonstrate sustained profits before becoming eligible for the benchmark.

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.