Skip to content
Free updates Login

Daily Current Affairs: 5 & 6 July 2026

Current affairs of 5 & 6 July 2026: NSO Million-Plus Cities Labour Report: Women and Care Work; Medical Innovations Patent Mitra: ICMR’s Patent Support Platform; I-2SEA Undersea Cable: India’s First AI-Focused Link, and 9 more topics. Key facts for every exam, with a quiz.

Take the quiz (32 questions)July 2026
12 TOPICSDaily CurrentAffairs5 & 6 July 2026In focus: NSO Million-Plus Cities Labour Report:…safalsetu.com

In this issue: 12 topics

National Affairs

  1. International Day of Cooperatives 2026: Theme and History

Government Schemes

  1. Ministry of Cooperation 5th Foundation Day 2026 Highlights

Banking & Finance

  1. NSE Quanto Cross-Currency Derivatives: RBI Approval Sought

Economy

  1. Odisha Aluminium MoU Worth USD 11.5 Billion Signed

Agriculture & Rural

  1. India’s Marine Fisheries: Claim of Sustainability vs Inshore Crisis
  2. PGS-India Revamp: Regional Councils Limited to One State
  3. Chota Tingrai Estate Makes India’s First Commercial Matcha

Science & Technology

  1. Medical Innovations Patent Mitra: ICMR’s Patent Support Platform
  2. I-2SEA Undersea Cable: India’s First AI-Focused Link
  3. SOLVE Solid Motor Ground Test: ISRO’s Gaganyaan Parachute Rig

Reports & Indexes

  1. NSO Million-Plus Cities Labour Report: Women and Care Work
  2. NITI Aayog Releases Roadmap to Take Ayurveda Global

National Affairs

Government Schemes

Banking & Finance

2. Ministry of Cooperation 5th Foundation Day 2026 Highlights

  • The Ministry of Cooperation, set up on 6 July 2021, held its 5th Foundation Day at Bharat Mandapam, New Delhi, themed 'Sahakar Se Samriddhi'.
  • Sahakar CBS and Sahakar Sahyogi were launched for Urban Cooperative Banks, and 50,000 PACS became e-PACS.
  • White Revolution 2.0 targets 50% more milk procurement in five years through 25,282 new dairy cooperative societies in 31 States/UTs.
  • Amit Shah announced a Cooperative Life Insurance Company and Bharat Taxi's growth to 500 cities within two years.
Full notes and 3 MCQs ›

Banking & Finance

Economy

3. NSE Quanto Cross-Currency Derivatives: RBI Approval Sought

  • NSE sought RBI approval for Quanto Cross-Currency Derivatives, disclosed in its DRHP filed with SEBI on 17 June 2026.
  • Quanto contracts track a pair of foreign currencies while settling profit and loss in a fixed currency at a pre-set rate.
  • Only four rupee pairs trade today: USD/INR, EUR/INR, GBP/INR and JPY/INR; cross pairs are unavailable.
  • Currency derivatives turnover fell from over ₹35,000 crore ADTV to about ₹5,000 crore in June 2026.
Full notes and 3 MCQs ›

Economy

Agriculture & Rural

Agriculture & Rural Development

5. India’s Marine Fisheries: Claim of Sustainability vs Inshore Crisis

  • The government said on 11 February 2026 that 91.1% of 135 fish stocks assessed by CMFRI in 2022 were sustainable.
  • Prof. Maarten Bavinck argued in The Hindu that destruction of inshore seabed habitat is the real crisis, not just overfishing.
  • CMFRI relies mainly on landing data; FAO calls Indian marine fisheries plateaued and fully exploited.
  • India is the 3rd largest fish producer and 2nd largest aquaculture producer, with about 17.5 million tonnes output in 2023-24.
Full notes and 3 MCQs ›
Government Schemes

6. PGS-India Revamp: Regional Councils Limited to One State

  • Under the revamped PGS-India framework, each Regional Council may work in only one allotted state and cannot change it later.
  • Existing multi-state councils get until 30 April 2027 to hand over local groups to state-based RCs.
  • MoUs signed before 31 March 2026 stay valid, but no new inter-state registrations are allowed.
  • PGS-India started on 7 April 2011; NPOP (2001, APEDA) uses third-party certification for exports.
Full notes and 3 MCQs ›
Economy

7. Chota Tingrai Estate Makes India’s First Commercial Matcha

  • Chota Tingrai Tea Estate, Tinsukia, Assam, became India's first estate to commercially produce matcha on 3 July 2026.
  • Its first 5-kg lot sold at Guwahati Tea Auction Centre for Rs 3,000 per kg.
  • Matcha is powdered tea made from shade-grown Camellia sinensis leaves processed into Tencha.
  • India is the second-largest tea producer, third-largest exporter and the top consumer; Assam gives about half of national output.
Full notes and 3 MCQs ›

Science & Technology

Science & Technology

8. Medical Innovations Patent Mitra: ICMR’s Patent Support Platform

  • NMC issued an advisory on 1 July 2026 asking all medical colleges and healthcare institutions to publicise ICMR's Medical Innovations Patent Mitra.
  • ICMR runs the platform under NITI Aayog guidance, with the Department of Pharmaceuticals as partner and DPIIT as supporter.
  • It offers 100% government-funded legal and financial help, from patent filing to technology transfer.
  • ICMR DG Dr Rajiv Bahl said it aims at a tenfold rise in life-science patents filed in India in two years.
Full notes and 3 MCQs ›
Science & Technology

10. SOLVE Solid Motor Ground Test: ISRO’s Gaganyaan Parachute Rig

  • ISRO ran the first ground test of the SOLVE solid motor (SOLVE-ST01) at Sriharikota on 3 July 2026; it performed as expected.
  • SOLVE means Sub-Orbital Launch Vehicle for Experiments, a test platform for Gaganyaan crew-module parachute trials.
  • It will lift the crew module to 10-17 km, release it, and let 10 parachutes open in sequence before sea splashdown.
  • Its solid stage is derived from the PSLV strap-on motor, with a slow burn-rate propellant and a straight SITVC nozzle.
  • Gaganyaan's first crewed flight (Gaganyaan-4 / H1) is targeted for Q1 2027.
Full notes and 3 MCQs ›

Reports & Indexes

Test yourself

32 questions from the news of 5 & 6 July 2026, with answers and explanations.

Start the quiz