Banking and Financial News
RBI and Banking Updates
Banks in Shillong remain closed on 14.07.2025 for Beh Deinkhlam festival
All other cities across India have normal banking operations
Digital banking services continue to operate normally despite physical branch closure in Shillong
RBI fines HDFC Bank and Shriram Finance for regulatory violations
Public Sector Banks planning to raise ₹45,000 crore through share sales in FY26
Government payments above certain threshold to be processed through RBI e-Kuber system from July 16
Bank liquidity surplus crosses ₹4 trillion mark
₹2,000 notes worth ₹6,099 crore still in circulation despite withdrawal
Indian Bank and PNB remove minimum balance charges for customers
Mashreq becomes first UAE bank to enter GIFT City
Stock Market Updates
GIFT Nifty futures trading 49 points lower at 25,174 indicating negative market opening
Sensex expected to be impacted by multiple factors including inflation data and global cues
HCL Technologies among companies announcing Q1 results
Foreign Institutional Investors net sold shares worth ₹5,155.68 crore
Domestic Institutional Investors net bought shares worth ₹3,482.95 crore
Travel Food Services IPO listing scheduled
Gold prices surge 1% to weekly highs due to trade tensions
Oil prices rise over 2% due to supply concerns and tariff fears
National News
Political and Administrative Developments
Fake voters from Nepal, Bangladesh, and Myanmar detected in Bihar electoral rolls
President nominates new Rajya Sabha members including 26/11 prosecutor Ujjwal Nikam
Pilots Union challenges Air India crash report alleging bias in investigation
Kolkata Police forms SIT to probe alleged rape on IIM Calcutta campus
Puducherry minister and three nominated MLAs to be sworn in
Natural Disasters and Weather
Himachal Pradesh monsoon havoc claims 92 lives with Mandi district worst affected
Nearly 250 roads remain blocked across Himachal Pradesh
Kolkata experiences heavy rainfall with 98% precipitation chance
Delhi faces warm temperatures with scattered rain expected
Amarnath Yatra mishap results in 10 injuries from bus collision in Kulgam
Infrastructure and Development
Delhi-Dehradun Expressway nearing completion with ₹13,000 crore investment
Project features Asia’s largest wildlife corridor
Diesel train catches fire near Chennai disrupting rail services
Greater Noida West-Ghaziabad elevated road may require demolition of 300 structures
Religious and Cultural Events
Kanwar Yatra begins during Shravan month affecting school schedules
Schools closed in Uttar Pradesh’s Varanasi and Budaun districts
Haryana’s Nuh district schools closed due to Jalabhishek Yatra
Internet services suspended in Nuh district till July 14 evening
International News
Diplomatic Relations
External Affairs Minister S Jaishankar visiting China for first time since Galwan clashes
Jaishankar to attend Shanghai Cooperation Organisation Foreign Ministers meeting in Tianjin
India-Singapore bilateral initiatives progress discussed
Middle East Developments
Gaza ceasefire negotiations stalled over Israeli troop withdrawal demands
Six children killed in Gaza while waiting for water distribution
Iran President Pezeshkian reportedly injured in Israeli strikes on Tehran in June
Satellite images confirm Iran destroyed US military communications hub in Qatar
US and Global Politics
Trump announces 30% tariff on EU and Mexico imports effective August 1
Trump threatens to revoke Rosie O’Donnell’s citizenship following criticism
Kash Patel denies resignation amid Epstein files controversy
Kim Jong Un pledges full military backing for Russia in Ukraine
Russia cautions against US-South Korea-Japan alliance targeting North Korea
Trade and Economics
EU vows to continue trade talks despite Trump’s tariff shock
China and ASEAN to finalize free trade area upgrade by October
European Commission affirms commitment to negotiations amid trade barriers
Sports News
Cricket Updates
India Women clinch T20I series 3-2 despite Birmingham thriller loss
IND vs ENG 3rd Test sees tensions flare between Ben Stokes and KL Rahul
Ravichandran Ashwin criticizes umpire Paul Reiffel’s decisions
India positioned at 58/4 chasing 193 in third Test at Lord’s
Mohammad Siraj’s bowling performance keeps India in contention
Tennis and Other Sports
Iga Swiatek claims first Wimbledon title with dominant straight-sets victory over Amanda Anisimova
Neeraj Chopra vs Arshad Nadeem Olympic rematch set for Paris
Sporting CP threatens Viktor Gyokeres with fines over unexcused absence
Ernie Els withdraws from British Open
Afghanistan cricket draws massive crowds causing traffic jams
Business and Economy
Corporate Announcements
Tesla opening first India showroom in Mumbai’s Bandra Kurla Complex on July 15
Kumar Mangalam Birla unveils ₹2,200 crore BITS Pilani expansion plan
Multiples PE acquires 32% stake in VIP Industries from promoter group
Titagarh Rail Systems acquires 40 acres in Bengal for ₹126 crore expansion
Avenue Supermarts reports Q1 results with revenue growth
Government Policies
Centre relaxes sulphur emission norms for thermal power plants
Power tariffs may drop by 25-30 paise per unit following FGD mandate relaxation
Government directs states to crack down on substandard fertilizers
Haryana plans to solarize all agricultural tube wells under PM-KUSUM scheme
Bihar approves clean energy push initiatives
Technology and Innovation
iPhone 17 components arrive at Foxconn India plant for trial production
Slice launches India’s first UPI-powered bank branch in Bengaluru
RBI mandates banks to adopt financial fraud risk indicators
UPI transactions show strong yearly growth despite minor monthly dip
Key Appointments and Resignations
Administrative Changes
Karnataka Bank MD and Executive Director resign
IndusInd Bank mandates headhunters for leadership recruitment
Group Captain Shubhanshu Shukla and Ax-4 crew preparing for ISS undocking
Award and Recognition
Ujjwal Nikam honored with Rajya Sabha nomination for 26/11 prosecution work
President’s nominees include various distinguished personalities
Important Dates and Deadlines
Upcoming Events
Tesla Mumbai showroom opening: July 15, 2025
RBI e-Kuber system implementation: July 16, 2025
Various Q1 results announcements throughout the week
EAM Jaishankar’s China visit: July 15-16, 2025
Examination Updates
Multiple IPO listings scheduled for current week
Banking sector results expected to impact market sentiment
Quarterly earnings season in full swing
Weather and Environmental Updates
Regional Weather Patterns
Kolkata: Heavy rainfall with 84% humidity and 98% precipitation chance
Delhi: Warm temperatures with scattered rain, reaching 37.7°C
Himachal Pradesh: Continued monsoon impact with widespread disruption
Chennai: Rail services affected by diesel train fire incident
Climate Impact
Monsoon season affecting transportation and daily activities
Agricultural regions experiencing mixed weather patterns
Urban areas preparing for increased rainfall and potential flooding
This comprehensive daily current affairs update covers all major developments relevant for competitive examination preparation in India, focusing on banking, administrative, economic, and general knowledge aspects essential for various government job examinations.
