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Daily Current Affairs- 30 June 2026

 

India - Major Updates

1. Jobs & Economy

  . Bank of India Credit Officer 2026: Apply starts TODAY for 779 posts. Last date 20 July 2026. Official Website : Apply only at bankofindia.co.in.                                                                                     

Application Process Points:                                                                                                                                   . Step 1: Visit bankofindia.co.in → Careers

           . Step 2: Find "Recruitment of Experienced Credit Professionals 2026"

           . Step 3: Register with mobile & email, upload docs, pay fee. 


 . Indian shares subdued: Nifty 50 fell 0.46% to 23,946.6 points. Sensex down 0.48% to 78,268.68 points. Reason for fall monsoon worries & weak June rainfall data.

🌧Why Markets are Subdued- Monsoon Factor

    1. Rainfall Deficit: June rainfall 43% below normal as of 30 June 2026.

    2. Rural Development Impact: Weak monsoon threatens farm output → hits inflation, auto sales,              FMCG demand.

    3. IMD Outlook: Monsoon revival in July crucial. Weak start raises concerns for agriculture &                  consumption.

 . Monsoon deficit: June rainfall 43% below normal. IMD says revival in July crucial for inflation, auto & consumer demand.

 . Industrial output: India's external debt up $26.3 billion to $762.8 billion in FY26.

    Headline Number                                                                                                                                        . IIP Growth : 5.1% in May 2026 vs May 2025                                                                                          . Significance: 5-month high - strongest since Dec 2025                                                                            . April 2026 Revised: 4.7% from earlier 4.6%

2. Politics & Policy

  . Cabinet reshuffle buzz: Modi govt likely to reshuffle Union Council of Ministers ahead of Monsoon Session.

  . UK- India FTA: Piyush Goyal calls it "India's most comprehensive trade agreement so far" at UK-India Week 2026.

  . NDPS Act amendment: Amit Shah says Centre will amend law to plug loopholes exploited by narco syndicates

  . West Bengal: New BJP govt to table Uniform Civil Code Bill in Assembly. 

3. Business & Markets

  . Auto stocks down 2.1%: Weak monsoon fears hit 2-wheeler, entry-level car demand.

  . Persistent Systems: Crashed 11.2% over Nagarro acquisition worries.

  . Kotak Mahindra Bank: CEO Ashok Vaswani not seeking reappointment, stock down 3.3%.

  . Dr Reddy's : Hit 52-week high, up 4% on 3x volume jump.

  . Yes Bank: Board nod to raise ₹16,000 cr via equity & debt.

 

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