Home » Daily Current Affairs and GK Update – 11.07.2025

Daily Current Affairs and GK Update – 11.07.2025

IICA North-East Conclave 2025

NATIONAL NEWS

Political and Administrative Updates

  • Karnataka CM Siddaramaiah Denies Leadership Change – Karnataka Chief Minister Siddaramaiah rejected the proposed ’50-50′ formula for power sharing, stating clearly that there is no vacancy for the CM position in the state

  • Vadodara Bridge Collapse Tragedy – The death toll from the Vadodara bridge collapse has risen to 15 people, with 4 still missing as rescue operations continue for the second consecutive day

  • Haryana Violence Incidents – Tragic incidents reported from Haryana including teenage students stabbing a private school principal to death in Hisar, highlighting concerns about youth violence

  • Disaster Relief Fund Allocation – The Central Government has approved Rs 1,066 crore fund for 6 disaster-hit states to support relief and rehabilitation efforts

  • Bengaluru Crime Reports – Multiple serious crimes reported including a 14-year-old girl found dead at home with head injuries, and a woman gangraped by 4 men who also looted household items worth Rs 13,000

Government Schemes and Initiatives

  • Vice Chancellors’ Conference 2025 – A national-level conference for Central Universities was held in Kevadia, Gujarat on July 10-11, 2025, organized by the Ministry of Education to mark five years of the National Education Policy (NEP) 2020

  • IICA North-East Conclave 2025 – The Indian Institute of Corporate Affairs is hosting the North-East Conclave 2025 in Shillong on July 11-12, themed “From Ideation to Incorporation” to nurture startup ecosystem in Northeast India

  • Plantation Drive Launch – Union Minister Shri Jayant Chaudhary inaugurated plantation drive under Green Mission and Agri-Skill Empowerment Drive in Jaipur as part of the Chaudhary Charan Singh Parivarik Vaniki Mission

  • DEPwD Portal Launch – Department of Empowerment of Persons with Disabilities launched new portal for disability welfare schemes to improve service delivery

  • Puducherry MoU with BHASHINI – Puducherry signed MoU with BHASHINI to advance multilingual digital governance initiatives

Educational and Cultural Developments

  • Postage Stamp Release – Department of Posts released coin and stamp to mark the 125th birth anniversary of Dr. Syama Prasad Mookerjee

  • Punjab Leads PARAKH Survey – Punjab emerged as the top performer in PARAKH Rashtriya Sarvekshan 2024, demonstrating excellence in educational assessment

  • MoA&FW E-NAM Platform – Ministry of Agriculture and Farmers Welfare added 7 new agricultural products to the e-NAM platform to enhance digital agriculture marketing

INTERNATIONAL NEWS

Global Political Developments

  • Russia-Ukraine Conflict Escalation – Russia launched massive attack on Ukraine with 741 aerial weapons, marking another significant escalation in the ongoing conflict. Ukrainian capital Kyiv was pounded with missile and drone attacks

  • South Korea Political Crisis – Former President of South Korea was re-arrested while his wife also faces investigation in ongoing corruption scandals

  • Bangladesh Political Developments – Former Bangladesh Prime Minister Sheikh Hasina was indicted for crimes against humanity, marking a significant political development

  • European Union Leadership – European Commission President Ursula von der Leyen survived a confidence vote, ensuring continuity in EU leadership

  • Brazil-US Trade Tensions – Brazil hit back at Trump’s 50% tariff announcement with ‘Economic Reciprocity Law’, rejecting interference in internal affairs. Donald Trump announced 50% tariffs on Brazilian products

Middle East and Regional Affairs

  • Iran-US Tensions – Iran issued chilling threat to Trump with Ayatollah Khamenei’s aide hinting that the US President is not safe even at his Florida home

  • Peace Process Developments – Kremlin expects response from Kyiv to continue Ukraine peace process amid ongoing diplomatic efforts

  • UNESCO World Heritage Updates – UNESCO removed three African sites from World Heritage in Danger List, including locations in Madagascar, Egypt, and Libya

BANKING AND FINANCIAL SECTOR

RBI Policy Updates

  • Monetary Policy Summary – RBI has maintained its repo rate at 5.50% following the June 2025 policy meeting where it was reduced by 50 basis points. The next MPC meeting is scheduled for August 5-7, 2025

  • Banking Sector Performance – IDBI Bank shares gained 30% in 2025, reflecting strong investor confidence and progress in government disinvestment process

  • State Bank Fundraising – Indian state-owned banks are set to raise $5.25 billion in 2025-26 through Qualified Institutional Placement (QIP) to strengthen capital base

  • Nifty Bank Performance – Nifty Bank index closed at 57,213.55 with a marginal decline of 42.75 points or 0.07% in the previous session

Corporate Developments

  • Leadership Changes – Priya Nair appointed to replace Rohit Jawa as Hindustan Unilever Limited’s CEO, marking significant change in FMCG sector leadership

  • Technology Sector – Chipmaker Nvidia became the world’s most valuable company at $4 trillion market capitalization, highlighting the AI boom impact

  • Social Media Updates – Linda Yaccarino resigned from Elon Musk’s X after two years, while Elon Musk launched Grok 4 AI chatbot with $300 subscription

SPORTS UPDATES

Cricket News

  • India vs England Series – India-England Test series continues with focus on Lord’s Test, featuring performances by Nitish Reddy who received guidance from Pat Cummins

  • Team Leadership – Radha Yadav appointed to lead India Cricket Team’s A Squad for tour of Australia

  • FIFA Rankings – Indian Men’s Football Team slumped to 133rd position in the FIFA ranking, showing decline in international standings

Individual Sports

  • Tennis Tragedy – Tennis player Radhika Yadav’s father shot her dead at Gurugram home, highlighting domestic violence concerns in sports community

  • Charity Events – Yuvraj Singh hosted special YouWeCan charity event in London, continuing his philanthropic efforts

  • FIFA Club World Cup – Donald Trump confirmed attendance at FIFA Club World Cup Final on July 14, 2025, at MetLife Stadium where Chelsea will compete

DEFENSE AND SECURITY

Military Developments

  • Apache Helicopter Deliveries – Indian Army expects delivery of six Boeing AH-64E Apache Guardian attack helicopters in July 2025, with first batch potentially arriving this month

  • Submarine Projects – MDL positioned to secure submarine contracts worth over Rs 1.06 lakh crore, marking largest defense procurement in India’s history

  • Defense Reforms – Ministry of Defense declared 2025 as ‘Year of Reforms’ focusing on modernization and multi-domain operations capability

  • Artillery Modernization – India fast-tracking Rs 20,000 crore project for acquiring 87 medium-altitude long-endurance (MALE) drones

Strategic Partnerships

  • International Cooperation – Defense Minister Rajnath Singh inaugurated Controllers’ Conference 2025 focusing on defense financial governance transformation

  • Technology Transfer – Emphasis on indigenous content requirement of minimum 45% in defense procurement projects

SCIENCE AND TECHNOLOGY

ISRO Achievements

  • Space Missions Pipeline – ISRO lined up major space missions from May to July 2025, including EOS-09 satellite launch and human spaceflight preparations

  • NISAR Mission – NASA-ISRO Earth-observing satellite arrived at Indian launch site with July 2025 launch scheduled

  • Agricultural Technology – ISRO launched short-term course on space technology in agriculture sector, registration open till July 11, 2025

  • Gaganyaan Progress – Group Captain Shubhanshu Shukla scheduled for ISS mission on May 29, 2025, as precursor to India’s Gaganyaan program

Innovation and Research

  • Hot Tests Completion – ISRO conducted hot tests of Gaganyaan SMPS at Mahendragiri, Tamil Nadu, marking progress in human spaceflight program

  • Satellite Services – SSCPL received IN-SPACe approval for commercial satellite broadband services in India

  • Research Discoveries – New tree species Garcinia kusumae discovered in Assam’s Baksa district, named after botanist’s mother

APPOINTMENTS AND HONORS

Key Appointments

  • Corporate Leadership – Sahil Kini named new CEO of RBI Innovation Hub, strengthening central bank’s fintech initiatives

  • Sports Administration – ICC appointed Sanjog Gupta as Chief Executive Officer

  • Aviation Sector – Hardeep Singh Brar named CEO of BMW India, marking leadership change in automotive sector

  • Banking Sector – Sunil Kadam appointed as SEBI Executive Director

Awards and Recognition

  • International Honor – Prime Minister Narendra Modi conferred with ‘Order of the Most Ancient Welwitschia Mirabilis’, the highest civilian honor of Namibia

  • Literature Awards – TIME 100 Creator List featured Prajakta Koli as the only Indian, recognizing her digital content creation impact

  • Corporate Recognition – JSW Energy joined FTSE4Good Index for strong ESG and sustainability focus

ECONOMIC INDICATORS

GDP and Growth

  • Economic Performance – India’s GDP grew 6.5% in 2024-25, maintaining position as fastest-growing major economy

  • Inflation Control – CPI inflation moderated to 2.82% in May 2025, lowest since February 2019

  • Market Confidence – Retail investor participation jumped from 4.9 crore in 2019 to 13.2 crore by end of 2024

Trade and Commerce

  • Import Trends – India’s crude oil imports from US jumped over 50% in H1 2025, with inflows from Brazil up 80%

  • Export Outlook – India eyes record-breaking exports in 2025 despite global headwinds

  • Digital Initiatives – Union Minister HD Kumaraswamy launched Upkaran E-Portal for steel sector digitization

IMPORTANT DATES AND OBSERVANCES

National Days

  • World Population Day – July 11, 2025, observed globally with focus on demographic challenges and opportunities

  • National Fish Farmer’s Day – July 10, 2025, celebrating aquaculture contributions to food security

Conference and Summits

  • Ukraine Recovery Conference – July 10-11, 2025, in Rome focusing on reconstruction and resilience

  • AI for Good Global Summit – July 7-11, 2025, in Geneva identifying AI applications for sustainable development

  • India Maize Summit – July 7, 2025, in New Delhi discussing agricultural productivity and sustainability

EXAM PREPARATION TIPS

Banking Exams Focus

  • Study RBI monetary policy decisions and banking sector performance metrics

  • Focus on corporate leadership changes and financial sector developments

  • Understand government schemes related to financial inclusion and digital banking

UPSC Preparation

  • Analyze India’s foreign policy developments and international relations

  • Study defense modernization programs and strategic partnerships

  • Focus on economic indicators and government policy initiatives

SSC and Railway Exams

  • Memorize key appointments and awards announced in July 2025

  • Study sports achievements and important national developments

  • Focus on science and technology advancements, particularly ISRO missions