DAILY GK 12-14 JUNE 2026
1. ASIAN INDIVIDUAL CHESS CHAMPIONSHIP 2026
·
The 19-year-old Indian International Master
(IM) Savitha Shri Baskar won the gold medal
at Women’s Asian Individual Chess Championship 2026 held
in Ulaanbaatar, Mongolia.
·
Uzbekistan’s Afruza Khamdamova secured
silver and China’s Song
Yuxin claimed bronze.
·
Chain’s
IM Kong Xiangrui won gold
in the Open section, Xiao Tong of China (silver) and GM Zhamsaran Tsydypov (bronze).
2. KANE
WILLIAMSON ANNOUNCES RETIREMENT
·
New Zealand national cricket team, Kane
Stuart Williamson, announced his retirement from international
cricket with immediate effect.
·
He
finished as New Zealand’s all-time
leading run-scorer with 19,346
international runs, 48 centuries and
six double-centuries, and captained the ‘Black Caps’ to their maiden ICC World Test Championship title in 2021.
·
He won the ICC Cricketer of the Year award in 2015, ICC Test Player of the Year in 2019, ICC Men’s Cricket World Cup Player of the Tournament in 2019, ICC
Spirit of Cricket Award in 2018, and the Sir Richard Hadlee Medal four times.
3. WORLD
FOOD SAFETY DAY 2026 – JUNE 7
·
World Food Safety Day (WFSD) is
observed annually across the globe on 7 June to
raise awareness about the importance of safe food and to encourage actions that
prevent, detect, and manage foodborne diseases.
·
2026 Theme: “From Burden to Solutions: Safe Food
Everywhere”.
·
The first World Food Safety Day was observed
on 7 June 2019, and was later formally recognized by the
73rd World Health Assembly (WHA) through Resolution WHA73.5 in August 2020.
4. WORLD
OCEANS DAY 2026 – JUNE 8
·
The United Nations (UN’s) World
Oceans Day (WOD) is observed annually across the globe on 8
June.
·
2026 Theme: “Reimagine: Beyond the world we know, a new relationship
with our ocean”.
·
The idea of WOD was first proposed by Canada
on 8 June 1992 during the Earth Summit held in Rio de Janeiro, Brazil.
·
The inaugural WOD celebration was observed
on 8 June 2009.
·
The Intergovernmental
Oceanographic Commission of the United Nations Educational, Scientific and
Cultural Organization sponsors the World Ocean Network, supporting global ocean-awareness
initiatives since 2002.
5. WORLD
BRAIN TUMOR DAY 2026 – JUNE 8
·
World Brain Tumour Day (WBTD) is
observed annually across the globe on 8 June to
raise awareness, promote early diagnosis, support patients, and advance brain
tumour research.
·
WBTD
was established and first observed on 8 June 2000 by
the German Brain Tumour Association (Deutsche Hirntumorhilfe) in Germany.
·
The Grey Ribbon serves
as the international symbol of awareness
for brain tumours and brain cancer.
6. WORLD
ACCREDITATION DAY 2026 – JUNE 9
·
World Accreditation
Day (WAD) is observed annually across the globe
on 9 June to highlight the importance of accreditation,
a formal independent process that verifies whether institutions or programmes
meet quality standards and are competent to carry out conformity assessment
tasks.
·
2026 Theme: “Innovation, Trust and Sustainability:
The Power of Accreditation”.
·
The first-ever WAD was observed on 9 June
2008.
7. INTERNATIONAL
ARCHIVES DAY 2026 – JUNE 9
·
International Archives Day (IAD) is
observed annually across the globe on 9 June to
highlight the importance of records and archives in preserving rights,
identity, and cultural heritage, and commemorates the establishment of the
International Council on Archives (ICA) on 9 June
1948 in Paris, France.
·
theme “#ArchivesForJustice:
Rights, Memory & Futures.”
·
The first IAD was celebrated on 9
June 2008, marking the 60th anniversary of ICA.
8.
WORLD DAY AGAINST CHILD LABOUR 2026 – JUNE 12
·
The United Nations (UN’s) World Day Against
Child Labour (WDACL) is observed annually across the globe
on June 12 to raise awareness about child labour and mobilize
efforts for its elimination.
·
Theme: “Red
card to child labour: Fair play for children, decent work for adults”.
·
The first WDACL was observed on June
12, 2002.
9.
RBI’S 2ND BI-MONTHLY MONETARY
POLICY
·
The Reserve Bank of India (RBI)
conducted the 61st and 2nd Bi-monthly Monetary Policy
Committee (MPC) meeting of Financial Year 2026-27 (FY27) under
the chairmanship of Sanjay Malhotra, Governor, RBI.
·
The MPC voted unanimously to keep the policy repo rate under the liquidity adjustment
facility (LAF) unchanged at 5.25%.
·
Consequently, the Standing Deposit Facility (SDF) rate remains at 5.00% and
the Marginal Standing Facility (MSF)
rate and the Bank Rate at 5.50%.
·
The MPC also decided to continue with
the neutral stance, indicating rates may go up or reduce further.
·
Gross Domestic Product (GDP) Forecast: The
real GDP growth for FY27 is projected at 6.6%.
·
Inflation Projection: The
Consumer Price Index (CPI) inflation is projected to be at 5.1% for
FY27.
10.
NSO’S PROVISIONAL ESTIMATES FOR FY26
·
The National Statistics Office (NSO) under
the Ministry of Statistics and Programme Implementation (MoSPI) released
the Provisional Estimates (PE) of
Annual Gross Domestic Product (GDP) for Financial Year 2025-26 (FY26) and
Quarterly Estimates of GDP for 4th Quarter (Q4: January-March) of FY26 along
with its expenditure components both at Constant
(2022- 23) and current prices.
·
India’s GDP for full FY26 stood
at 7.7%, which is 60 basis points (bps) higher
than 7.1% recorded in FY25.
·
The latest estimates use 2022-23 as
base year, a revised GDP series
(from previous 2011-12 base year).
·
Real
GDP or GDP at Constant (2022-23) prices is estimated at Rs 323.12 lakh crore in FY 26, compared
to Rs 299.89 lakh crore in First Revised Estimates (FRE) of GDP for FY25.
·
Nominal
GDP or GDP at Current Prices saw the growth rate
of 8.9% in FY26 over 9.7% in FY25.
·
It is estimated to reach at Rs 346.36 lakh crore in FY26, up from Rs 318.07 lakh
crore in the previous financial year.
11.
INDIA SLIPPED TO 7TH IN GLOBAL MARKET CAP
RANKINGS
·
India slipped to the 7th spot
in global market capital (mcap) rankings, with a total market
valuation of USD 4.84 trillion, replaced by South
Korea which moved to 6th spot
with USD 5.01 trillion market valuation,
based on Bloomberg data.
·
Earlier in May 2026, India was pushed to 6th spot by Taiwan which now ranked 5th
spot with a total market valuation of USD 5.15 trillion.
·
USA
ranked at 1st spot with USD 79.1 trillion mcap; followed by China (USD 16.3 trillion); Japan (USD 8.9 trillion) and Hong Kong, Special Administrative Region (SAR) of China (USD 7.6 trillion).
12. GOVERNMENT
MEASURES TO DEEPEN THE G-SEC MARKET
·
The Ministry of Finance (MoF)
introduced a series of reforms to increase
Foreign Portfolio Investor (FPI) participation in Government Securities (G-Secs).
·
The key
measures include tax exemptions on
interest income, long-term capital
gains (LTCG) and short-term capital gains (STCG),
expansion of specified securities
under the Fully Accessible Route (FAR).
·
Previously,
Foreign Institutional Investors (FIIs),
including SEBI-registered Foreign Portfolio Investors (FPIs),
were taxed under Section 210 of the Income-tax Act,
2025.
·
Any income earned from investments in
Government Securities
(G-Secs) was subject to tax.
·
The
Short-term capital gains (STC) were taxed at 30% and
Long-term capital (LTC) gains were taxed at 12.5%.
·
Under
the new regime, FPIs/FIIs tax will be Nil for
Interest income earned from G-Secs
andCapital gains arising from the sale,
transfer, exchange or redemption of
G-Secs.
13. RBI
IMPOSES RS 41.80 LAKH PENALTY ON CANARA BANK
·
RESERVE Bank of India (RBI)
imposed a penalty of Rs 41.80 lakh on Canara
Bank, a public sector lender, following a supervisory review that identified critical lapses in Know Your
Customer(KYC) norms and account classification.
·
Canara
Bank failed to upload KYC records of several customers to the
Central KYC Records Registry (CKYCR) within the
prescribed timelines.
14. RBI
LAUNCHES TWIN USD-INR FOREX SWAP FACILITY
·
The Reserve Bank of India (RBI)
introduced the following two special USD-Rupee forex swap facilities to attract foreign currency inflows and
support external financing.
·
One for fresh Foreign Currency Non-Resident Bank (FCNR
(B)) deposits.
·
Second for eligible External Commercial
Borrowings (ECBs) and overseas Foreign Currency Borrowings
(OFCBs)
·
The RBI will launch a USD-Rupee
forex swap facility for fresh FCNR(B) deposits.
·
The swap facility with RBI will be available in USD only.
·
Authorised Dealer (AD)
Category-I banks can avail of the RBI’s forex swap
facility for fresh FCNR(B) deposits raised in any freely
convertible currency.
·
The RBI will introduce USD-Rupee Forex
Swap Facility for ECBs of average maturity of 3 years and above.
·
OFCBs raised by AD category I banks for a minimum maturity of 3
years.
15. SECOND
ADVANCE ESTIMATES OF HORTICULTURE 2025-26
·
The Department of Agriculture & Farmers
Welfare (DoAFW) under the Ministry of Agriculture and
Farmers Welfare (MoAFW) released the crop production report Second
Advance Estimates of Horticulture Crops for 2025-26, projecting total
horticulture production at 3,777.76 lakh tonnes (LT) across 301.51
lakh hectares (ha).
·
The
estimates, indicated a 1.90% rise in
production and a 0.05% increase in
area over 2024–25.
·
Fruit
production is estimated at 1,214.75 LT, registering an increase of
3.25%.
·
Vegetable
area is projected at 118.79 lakh ha (increase of 0.75%) and production at 2,210 LT (increase of
1.47%), with notable growth in potato
(598.89 LT, increase of 2.25%), tomato
(214.61 LT, increase of 4.19%), okra,
peas, cauliflower, and bottle gourd.
·
Onion
area is expected to rise to 20.14 lakh ha (increase of 2.31%),
while production remains stable at 307.37 LT.
