National News Headlines – 22.07.2025
Political Developments
Vice President Jagdeep Dhankhar Resigns: Vice President submitted his resignation citing health reasons as per Article 67(A) of the Constitution, prioritizing medical advice during the monsoon session of Parliament
Operation Sindoor Parliamentary Debate: Prime Minister Modi announced that India achieved 100% objectives under Operation Sindoor, destroying terror camps in Pakistan and PoK within 22 minutes, with 16-hour parliamentary debate scheduled for next week
Justice Yashwant Varma Impeachment Motion: Over 200 MPs including 145 Lok Sabha and 63 Rajya Sabha members submitted motion for removal of Justice Varma in cash-at-home case, meeting required numerical support
Uttar Pradesh Land Rights: Chief Minister Yogi Adityanath directed officials to grant legal land ownership rights to Hindu families who sought refuge from Bangladesh
Defense and Security Updates
Air India Flight Safety Incident: Air India flight from Kochi veered off Mumbai airport runway due to heavy rainfall, all passengers and crew reported safe with minor aircraft damage
F-35B Fighter Recovery: British F-35B fighter jet scheduled to depart from Kerala after being grounded for five weeks due to technical issues
GRSE Naval Achievement: Garden Reach Shipbuilders launched final Anti-Submarine Warfare Craft ‘Ajay’ to strengthen Indian Navy’s coastal defense capabilities
Infrastructure and Transport
Railway AI Initiative: Indian Railways announced launch of AI-enabled chatbot system for enhanced grievance redressal and passenger services
Mumbai Airport Operations: Heavy rainfall caused temporary closure of Chhatrapati Shivaji Maharaj International Airport runway with traffic management measures
Delhi Metro Expansion: “One Delhi” digital transit app crossed 3 lakh user milestone with integrated transportation solutions
State Government Developments
Kerala Political Loss: Veteran CPM leader and former Kerala Chief Minister VS Achuthanandan passed away at age 101, marking end of era in state politics
Karnataka Investigation: State government handed over Dharmasthala burial allegations case to Special Investigation Team for high-level probe
Weather Alerts Nationwide: IMD issued widespread heavy rainfall alerts across multiple states until July 26, affecting normal operations
International News Headlines – 22.07.2025
South Asian Region
Bangladesh Aviation Incident: Air Force training jet crashed into Dhaka school campus in Uttara area, resulting in one fatality and emergency response activation
Pakistan Security Concerns: India-Pakistan tension continues following May 2025 Operation Sindoor, with strategic implications for regional stability
Nepal Cricket Development: Nepal senior cricket team commenced training at BCCI’s Centre of Excellence in Bengaluru for T20 World Cup Qualifiers preparation
East Asian Politics
Japan Electoral Outcome: Prime Minister Shigeru Ishiba’s ruling coalition lost upper house majority for first time since 1955, securing only 47 seats in weekend election
China Infrastructure Projects: Construction commenced on massive $167 billion dam project on Yarlung Tsangpo River in Tibet, raising concerns among downstream nations
US-Japan Relations: Focus shifts to trade deal negotiations and Ishiba’s leadership future amid electoral setbacks
Middle East Updates
Gaza Military Operations: IDF eliminated Hamas Commander Bashar Thabet while striking 75 terror targets in comprehensive Gaza operations
Iran-Russia Discussions: President Putin held Moscow meeting with Iran’s Supreme Leader aide Ali Larijani regarding nuclear program and West Asia situation
Syria Regional Impact: Continued monitoring of Syrian situation affecting broader Middle Eastern stability
Global Maritime Security
Indonesian Maritime Emergency: Massive fire erupted on Indonesian ship forcing passengers to jump into sea for escape with rescue operations underway
Delta Airlines Emergency: Boeing 767-400 Flight DL446 experienced mid-air engine fire after LAX departure, emergency landing conducted with all 226 passengers safe
North American Developments
Ellen DeGeneres Relocation: Talk show host cited Trump’s election victory as primary reason for permanent UK relocation with wife Portia de Rossi
US Embassy Operations: Philippines embassy canceled July 22 appointments due to continuing monsoon impact on facilities and surrounding areas
Canadian Environment Policy: Minister Dabrusin scheduled Vancouver announcement highlighting youth empowerment for climate change action
Banking and Financial News – 22.07.2025
Reserve Bank of India Updates
Monetary Policy Framework: RBI maintained neutral stance following June 2025 policy meeting with repo rate at 5.50% after 50 basis points reduction
Inflation Projections: Central bank lowered CPI inflation estimate for 2025-26 to 3.7% from previous 4% projection, supporting growth momentum
Banking Supervision: RBI imposed monetary penalties on multiple cooperative banks including Solapur Janata Sahakari Bank for regulatory non-compliance
Payment System Maintenance: SBI announced scheduled UPI service downtime from 00:15 to 01:00 hrs IST for system maintenance activities
Banking Sector Developments
NSDL Payments Bank Recognition: Added to RBI’s Second Schedule enhancing digital payment ecosystem infrastructure capabilities
HSBC Policy Changes: Bank faced backlash after exiting Net-Zero Banking Alliance amid evolving sustainability strategy considerations
Cross-Border Payments: EximPe received RBI approval for Cross-Border Payment Aggregator License expanding international transaction capabilities
UPI Network Expansion: UPI-PayNow service expanded to 13 additional Indian banks joining cross-border remittance network infrastructure
Financial Market Performance
Stock Market Indicators: GIFT Nifty traded at 25,186 level indicating positive opening for benchmark indices with 97 points gain
Currency Markets: Indian rupee closed 14 paise weaker at 86.29 against US dollar marking lowest level since June 23
Bond Market Trends: Benchmark 10-year government bond yield settled one basis point lower at 6.30% amid market stability
Corporate Earnings: Major companies including Colgate-Palmolive, IDBI Bank, Titan Company scheduled Q1 2026 earnings releases
Banking Technology Innovation
Digital Banking Solutions: Slice launched India’s first UPI-powered bank branch in Bengaluru revolutionizing customer service delivery
Fraud Prevention Systems: RBI mandated banks adopt DoT’s Financial Fraud Risk Indicator for enhanced cybersecurity measures
Taiwan Banking Entry: CTBC Bank approved to open new operational unit in GIFT City expanding international banking presence
Public Sector Performance: Government announced plans for public sector banks to raise ₹45,000 crore through share sales in FY26
Sports News Headlines – 22.07.2025
Cricket Developments
India-England Test Series: Indian team continues England tour with fourth Test scheduled July 23-27 at Manchester amid selection challenges
Asia Pacific Trophy: Cricket Champions Trophy Match 7 underway at Singapore National Cricket Ground with Malaysia vs Hong Kong
Youth Cricket Progress: Vaibhav Suryavanshi impressed in second Youth Test against England U-19 with quickfire batting performance
Women’s Cricket: Indian women’s team concluded T20 series against England with ODI series scheduled from July 16-22
Chess Championships
FIDE World Cup 2025: India confirmed as host nation for Chess World Cup from October 30 to November 27 featuring 206 players
Freestyle Chess Success: Grandmaster Levon Aronian won Freestyle Chess Grand Slam title with Indian players Arjun Erigaisi and R Praggnanandhaa finishing sixth and seventh
International Recognition: FIDE announcement reinforces India’s growing stature in global chess community and tournament hosting capabilities
Other Sports Updates
Athletics Excellence: Murali Sreeshankar clinched Long Jump title at Portugal Sports Meet showcasing Indian field athletics prowess
Badminton Tournament Calendar: BWF World Tour events continue with Japan Open and China Open scheduled for July featuring top international players
Lancashire Cricket Honor: Club announced dedicated stands for legendary cricketers Farokh Engineer and Clive Lloyd at Old Trafford Cricket Ground
Olympic Legacy
Paris 2024 Recap: United States topped medal table with 40 gold and 126 total medals followed by China with 40 gold and 91 total medals
Indian Performance Analysis: India secured 6 medals including 1 silver and 5 bronze medals finishing 71st in overall medal standings
Sports Infrastructure Development: Continued investment in sporting facilities and coaching programs following Olympic experience
Economic and Business Updates – 22.07.2025
Stock Market Analysis
Market Opening Trends: NSE Nifty 50 expected higher start based on GIFT Nifty performance trading at 25,186 level
Banking Sector Leadership: ICICI Bank and HDFC Bank shares led benchmark gains ending three-session losing streak
Trading Holiday Information: No special market holidays scheduled for July 2025 with regular weekend closures only
Corporate Action Calendar: Multiple companies scheduled annual general meetings and earnings announcements this week
Economic Policy Framework
GDP Growth Projections: RBI projected Real GDP growth for 2025-26 at 6.5% with quarterly breakdown across financial year
Inflation Management: Consumer price inflation moderated to 3.2% in April 2025 marking six-year low supporting policy decisions
Industrial Performance: Mixed signals from manufacturing sector with some segments showing resilience amid global uncertainties
Investment Climate: Foreign direct investment flows remain steady with focus on technology and manufacturing sectors
Technology and Innovation
Digital Payment Growth: UPI transactions maintain strong momentum despite minor monthly decline in June 2025
Fintech Expansion: CoinDCX launched recovery bounty program offering 25% reward for information aiding $44.2 million hack recovery
Banking Digitization: Enhanced focus on digital infrastructure development and customer service automation
Startup Ecosystem: Karnataka’s Beyond-Bengaluru initiative attracted 15 firms creating 1,600 jobs in decentralization effort
Science and Technology Updates – 22.07.2025
Space Mission Progress
NISAR Launch Preparation: NASA-ISRO Synthetic Aperture Radar mission scheduled for July 30, 2025 launch from Sriharikota
Axiom-4 Mission Success: ISRO Gaganyatri Shubhanshu Shukla successfully completed 18-day ISS mission with seven microgravity experiments
Future Mission Planning: ISRO lined up major space missions from May to July 2025 including EOS-09 Earth observation satellite
International Collaboration: Continued partnerships with global space agencies strengthening India’s space diplomacy efforts
Innovation Policy Reforms
Research Ease Initiatives: Government announced policy reforms enhancing “Ease of Innovation” and “Ease of Doing Research” for scientific community
Science and Technology Clusters: Annual Report 2024-2025 released highlighting EV charging infrastructure deployment and digital solutions
International Partnerships: India-Japan Year of Science, Technology and Innovation dedicated for 2025-26 collaborative programs
Quantum Technology Development: Department of Science and Technology called for proposals in quantum algorithms and undergraduate teaching laboratories
Environmental and Climate Initiatives
UN Climate Change Report: New technical paper released on advancing just transition principles in national climate frameworks
Climate Policy Integration: Focus on embedding just transition concepts into Nationally Determined Contributions and long-term strategies
Renewable Energy Progress: India added record 22 GW renewable capacity in H1 2025 with solar contributing 18.4 GW
Environmental Technology: Call for proposals launched for Waste Management Technologies and Advanced Manufacturing Technologies programs
Awards and Recognition – 22.07.2025
National Awards Announcements
Pradhan Mantri Rashtriya Bal Puraskar 2025: Final date July 31 for submission of applications recognizing children’s extraordinary achievements
National Startup Awards: Recognition program for outstanding startups demonstrating exceptional innovation capabilities and market impact
Digital Excellence Recognition: “Meri Panchayat” mobile app won WSIS Champion Award 2025 in Geneva for rural digital empowerment
Defense Sector Achievements: Multiple defense deals and modernization programs recognized for strengthening national security capabilities
Government Appointments
Administrative Appointments: Multiple IAS and IFS officer appointments announced across various ministries and departments
Tenure Extensions: Several senior officials received extended tenure appointments in key government positions
Specialized Positions: New appointments made in departments focusing on technology, defense and international cooperation
State Level Changes: Various state governments announced administrative reorganizations and key position appointments
International Recognition
Global Innovation Rankings: India improved position in Global Innovation Index reflecting enhanced research and development capabilities
Space Achievement Awards: International recognition for India’s successful space missions including Chandrayaan-3 lunar landing
Scientific Publication Impact: India ranks third globally in research publications demonstrating growing academic influence
Technology Partnership Success: Recognition for successful international collaborations in science and technology sectors
Key Takeaways for Competitive Examinations
Banking Exam Focus Areas
RBI monetary policy decisions and inflation targeting framework
Digital payment system developments and UPI network expansion
Banking sector regulations and compliance requirements
Financial inclusion initiatives and cooperative banking oversight
UPSC Current Affairs Highlights
Constitutional provisions regarding Vice President resignation process
India’s space program achievements and international collaborations
Climate policy frameworks and environmental governance
Defense modernization programs and strategic partnerships
SSC Exam Important Points
Government schemes and policy implementations
Sports achievements and international recognition
Economic indicators and market performance trends
Technology innovation and digital governance initiatives
General Knowledge Updates
Recent appointments in government positions
International relations and diplomatic developments
Scientific research breakthroughs and awards
Cultural and social development programs
This comprehensive current affairs update for July 22, 2025, provides essential information for banking, UPSC, SSC and other competitive examinations while keeping readers informed about significant national and international developments across various sectors.
