CURRENT AFFAIRS JULY2025

 

🇮🇳 National News

1. Union Budget 2025-26 Presented

   • Finance Minister Nirmala Sitharaman presented the Union Budget with a focus on green energy, infrastructure, and digital public goods.

   • Key announcement: ₹1.5 lakh crore allocation for rural development and ₹70,000 crore for green hydrogen mission.

2. Supreme Court Verdict on UCC

   • The Supreme Court directed states to begin consultations on implementing a Uniform Civil Code (UCC), sparking major political and public discourse.

3. ISRO's 'Gaganyaan' Test Mission Success

   • India successfully launched the uncrewed test of the Gaganyaan mission from Sriharikota.

   • A crucial step toward India’s first manned space mission planned for 2026.

4. Digital India Act Draft Released

   • Ministry of Electronics & IT released the draft of the Digital India Act 2025, replacing the IT Act of 2000.

   • Emphasis on data privacy, algorithmic transparency, and cybercrime control.

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🌐 International News

1. NATO Summit 2025 Held in Berlin

   • Key discussions included AI in defense, Ukraine war strategy, and Indo-Pacific security partnerships.

   • India participated as an observer.

2. Global Heatwave Crisis

   • Europe, North India, and parts of the US faced record-breaking heat.

   • WHO issued climate-health alerts; several nations declared environmental emergencies.

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📈 Economic & Financial Updates

1. RBI Keeps Repo Rate Unchanged

   • Repo rate stays at 6.5% to maintain economic stability amidst global uncertainties.

2. India's Forex Reserves at All-Time High

   • Reached $680 billion, driven by strong exports and remittances.

3. SEBI Approves Instant Mutual Fund Redemptions

   • Investors can now redeem up to ₹50,000 instantly, boosting liquidity and trust.

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🔬 Science & Technology

1. Chandrayaan-4 Announced

   • ISRO announced plans for Chandrayaan-4, which aims for sample return from the Moon by 2028.

2. National Quantum Mission Launched

   • India committed ₹8,000 crore for quantum computing research and startup incubation.

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🏆 Sports

1. Paris Olympics 2024 Medal Winners Felicitated

   • Indian athletes honored by the PM; Neeraj Chopra and Mirabai Chanu awarded Padma Bhushan.

2. India Wins SAFF Championship

   • Defeated Lebanon in the final; Sunil Chhetri retires with a record 94 international goals.

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📚 For Competitive Exams – Quick Facts

• Budget Theme: "Resilient Bharat – Digital, Green, Inclusive"

• Repo Rate: 6.5%

• India's Current Forex Reserve: $680 Billion

• ISRO Mission: Gaganyaan Test Launch

• Paris Olympics Gold: Neeraj Chopra (Javelin Throw)