Welcome to Plutus Academy’s Daily Current Affairs — 6 July 2026. Today’s update covers the most important national and international developments, banking and finance news, sports events, key appointments, resignations, and science breakthroughs, curated from credible newspapers, news agencies and government sources (PIB, RBI, NITI Aayog, ICC, FIFA, IMF, World Bank, Reuters, PTI) for Bank PO, SSC, RRB and UPSC aspirants.

🇮🇳 National News

India Hosts BRICS Heads of Anti-Drug Agencies Meeting in Guwahati

India is hosting the BRICS Heads of Anti-Drug Agencies meeting on 6–7 July 2026 in Guwahati, Assam. The meeting brings together the top narcotics-control officials of the BRICS member nations to strengthen cooperation against drug trafficking and organised narco-networks, reinforcing India’s commitment to a drug-free society under its “whole-of-government” approach against narcotics.

NITI Aayog Report on India’s Tourism & Hospitality Sector

NITI Aayog, along with the Ministry of Tourism, released a report on India’s Tourism and Hospitality Sector aligned with the Viksit Bharat 2047 vision. The report flags that hospitality projects currently require 50–60 licences and approvals, and commercial hotel projects take 36–48 months from approval to commissioning against just 12–18 months in competing ASEAN economies — recommending single-window clearances and industry status for hospitality infrastructure.

NITI Aayog Releases ‘Strategic Roadmap for Making Ayurveda Global’

NITI Aayog also released a report titled “Strategic Roadmap for Making Ayurveda Global”, assessing worldwide adoption of Ayurveda on parameters of availability, acceptability and propagation, and laying out a framework to position Indian traditional medicine in mainstream global healthcare.

ISRO’s GISAT-2 Geo-Imaging Satellite Slated for Launch This Month

ISRO’s GISAT-2 geo-imaging satellite — designed to provide near real-time imaging for disaster monitoring, border surveillance and rapid-response applications from geostationary orbit — is scheduled for launch in July 2026. ISRO is also conducting an IN-SPACe skill programme on SAR data analysis from 6–10 July.

🌍 International News

Multi-Day State Funeral of Iran’s Ayatollah Ali Khamenei Under Way

Iran is holding a multi-day funeral (4–9 July) for former Supreme Leader Ayatollah Ali Khamenei, who was killed in a US–Israeli air strike on 28 February 2026. Representatives of over 100 countries are attending; the procession passes through Tehran and Qom, crosses into Iraq’s holy cities of Najaf and Karbala, and concludes with burial in his birthplace Mashhad. His son and successor as Supreme Leader, Mojtaba Khamenei, has yet to appear publicly since taking over.

Super Typhoon Bavi Batters Northern Mariana Islands

Super Typhoon Bavi struck the Northern Mariana Islands, a US territory in the Pacific Ocean, bringing destructive winds and flooding. US federal emergency agencies have begun damage assessment and relief operations in the affected islands.

🏦 News Related to Indian Banking and Finance

GST Collections Rise 13.9% to ₹1.95 Lakh Crore in June 2026

India’s gross GST collection for June 2026 stood at ₹1,94,812 crore, up 13.9% year-on-year — the fastest monthly growth in 13 months. Net collection after refunds of ₹32,436 crore was ₹1,62,377 crore (+11.2%). Import-related GST surged 34.6% while domestic revenue grew 6.5%. Gross collections for Q1 FY 2026-27 reached ₹6.32 lakh crore (+8.4%). Maharashtra (₹30,714 crore) topped the state-wise list, followed by Gujarat, Uttar Pradesh, Karnataka and Tamil Nadu.

RBI Young Professionals Recruitment Closes Today (6 July)

The Reserve Bank of India closes applications today for 12 Young Professional posts (fixed stipend ₹1.5 lakh per month, three-year contract extendable to five). The scheme inducts young talent in frontier domains — Artificial Intelligence, Cyber Security, Quantum Technology, Data Analytics, Financial Markets, Climate Risk and Payment Systems — signalling RBI’s tech-forward regulatory focus.

🌐 News Related to International Banking and Finance

World Bank: Global Growth to Slow to 2.5% in 2026

With the Middle East conflict driving energy prices higher, the World Bank projects global growth of just 2.5% in 2026. Emerging market and developing economies face their weakest per-capita income growth since the pandemic, while low-income countries are projected to grow 5.4%, 0.3 percentage point below earlier forecasts.

IMF: Gourinchas Completes Term; SDR Interest Rate at 2.811%

Pierre-Olivier Gourinchas, the IMF’s Economic Counsellor and Director of Research, demitted office after a four-year tenure marked by trade tensions and geopolitical shocks. The IMF has published the SDR interest rate at 2.811% (week of 2 July 2026), with 1 USD = SDR 0.7366. Meanwhile, Kevin Warsh continues to settle in as US Federal Reserve Chair, having succeeded Jerome Powell in May 2026.

🏆 International Sports Events

Australia Crowned ICC Women’s T20 World Cup 2026 Champions

Australia defeated England by 7 wickets in the final at Lord’s on 5 July to win a record-extending seventh Women’s T20 World Cup title (their 14th women’s world title overall). Chasing England’s 150/4, Australia finished 153/3 in 17.1 overs — the highest successful chase in a Women’s T20 World Cup final — with Beth Mooney (64 off 49) anchoring the win before a record 28,000-plus Lord’s crowd. Nat Sciver-Brunt made 58 for England.

FIFA World Cup 2026: Round of 16 — Brazil Knocked Out by Norway

In the Round of 16 of the FIFA World Cup 2026 (USA–Canada–Mexico): Morocco beat Canada 3-0 and France edged Paraguay 1-0 on 4 July, while on 5 July Norway stunned Brazil 2-1 and England defeated Mexico 3-2 at the Estadio Azteca. The Round of 16 runs till 7 July.

Wimbledon 2026: Osaka Upsets Sabalenka; Djokovic, Sinner, Gauff Advance

At Wimbledon 2026, Naomi Osaka upset world No.1 Aryna Sabalenka 6-2, 7-6 to reach the quarterfinals, while Novak Djokovic, Jannik Sinner, Coco Gauff and Jessica Pegula all advanced with fourth-round wins on 5 July.

Vaibhav Sooryavanshi Becomes India’s Youngest-Ever International Cricketer

On 4 July 2026, Vaibhav Sooryavanshi became the youngest player ever to represent India in any format of international cricket — a landmark for Indian cricket’s youth pipeline.

👤 Major National or International Appointments

General Dhiraj Seth Takes Over as 31st Chief of the Army Staff

General Dhiraj Seth assumed charge as the 31st Chief of the Army Staff (COAS) of the Indian Army on 1 July 2026.

Vikram Misri Gets One-Year Extension as Foreign Secretary

The Appointments Committee of the Cabinet approved a one-year extension for Foreign Secretary Vikram Misri, ensuring continuity in India’s diplomatic leadership amid a turbulent global environment.

Ravi Agrawal Reappointed CBDT Chairman till December 2026

Ravi Agrawal was reappointed as Chairman of the Central Board of Direct Taxes (CBDT), with tenure extended till December 2026.

📤 Resignation or Dismissal

IMF Chief Economist Pierre-Olivier Gourinchas Steps Down

Pierre-Olivier Gourinchas stepped down as the IMF’s Economic Counsellor (Chief Economist) after four years in office, during which he steered the Fund’s flagship World Economic Outlook through pandemic recovery, trade wars and the AI investment boom.

Texas Comptroller Kelly Hancock to Step Down

In the US, acting Texas Comptroller Kelly Hancock submitted his resignation to Governor Greg Abbott, and will step down as the state’s chief financial officer at the end of July 2026.

🔬 Major Inventions and Discoveries

First Dinosaur Fossil Found in Antarctica — A Titanosaur

Researchers announced the identification of the first-ever dinosaur fossil discovered in Antarctica, belonging to a titanosaur — a long-necked herbivorous sauropod — reshaping understanding of dinosaur distribution across ancient southern continents.

UCLA Scientists Find Why Ageing Muscles Heal Slowly

Scientists at UCLA discovered that in older muscle stem cells a protein called NDRG1 accumulates and acts like a brake on repair — a finding that opens a new drug target for age-related muscle loss (sarcopenia).

Quantum Breakthrough: Magnons Turned into Quantum Information Carriers

In a major quantum-technology advance, researchers demonstrated that magnons — tiny magnetic spin waves once considered too short-lived for practical use — can serve as reliable carriers of quantum information, opening a new route for compact quantum devices.

📝 Practice Questions — Current Affairs Quiz

Test your knowledge with these 5 questions in SSC/Bank PO format

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