📰 Daily Current Affairs

📅 18 June 2026 • ✅ 18/6/2026, 4:00:13 pm

1. India & Japan Adopt Rules for Joint Crediting Mechanism (JCM) under Paris Agreement to Boost Climate Cooperation

India and Japan adopted implementation rules for the JCM under the Paris Agreement to strengthen cooperation in greenhouse gas emission reduction, carbon markets, and sustainable development.

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2. RBI Approves Record ₹2.87 Lakh Crore Surplus Transfer to Union Government for FY 2025-26

The Reserve Bank of India approved a record surplus transfer to the Union Government, raising discussions regarding central bank independence and fiscal devolution.

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3. Six States Sign MoU for ₹15,000 Crore Kishau Multi-Purpose Dam Project

Himachal Pradesh, Uttarakhand, Delhi, Uttar Pradesh, Haryana, and Rajasthan signed an MoU for the implementation of the Kishau Multipurpose Dam Project on the Tons River.

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4. MoD Grants In-Principle Approval for ₹500 Crore National Military Drone Technology Hub at IIT-Kanpur

The Ministry of Defence approved a new hub at IIT-Kanpur to develop and certify military payloads, data links, and counter-drone systems to boost domestic indigenisation.

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5. India-Russia Operationalize RELOS (Reciprocal Exchange of Logistics Agreement)

India and Russia operationalized a bilateral logistics support agreement allowing reciprocal use of military bases, airfields, and ports for supplies and maintenance during joint operations.

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6. Uzbekistan Becomes 10th Member & First Central Asian Country to Join New Development Bank (NDB)

Uzbekistan officially joined the New Development Bank as its 10th member, focusing on infrastructure projects in energy, transport, and water management.

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7. Parliamentary Panel Urges Government to Increase Education Spending to 6% of GDP

The Parliamentary Standing Committee on Education recommended increasing public education spending to 6% of GDP in accordance with NEP 2020 to address enrollment ratios and improve research.

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8. RBI Issues Master Directions on Authorisation to Operate Payment Systems

The Reserve Bank of India issued updated guidelines establishing a unified framework for eligibility, licensing, and operation for entities seeking to run payment systems in India.

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9. India Successfully Restores 21.76 Million Hectares of Degraded Land Under Bonn Challenge

India successfully restored 21.76 million hectares of degraded land between 2011 and 2020, highlighting its commitment to biodiversity and climate action under the Bonn Challenge.

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10. Government Launches Green Hydrogen Certification Portal

Union Minister Pralhad Joshi launched a new portal to improve transparency, monitoring, and certification for India's green hydrogen ecosystem under the National Green Hydrogen Mission.

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