NATIONAL UPDATES:
1. Core Industries Growth
Slows to 1.7% in June 2025; Coal Sector Contracts Sharply, Steel Leads Gains: June 2025 saw a modest 7% growth in the Index of Eight Core Industries, marking
a three-month high but falling sharply from 5% growth in June 2024 and
significantly below the FY 2024-25
average of 6.3%; five out of eight sectors reported contraction.The
coal sector witnessed the steepest contraction at -6.8%, followed by declines
in natural gas (-2.8%), crude oil (-1.2%), and electricity (-2.8%) in June
2025, as per data released by the Ministry of Commerce and Industry on July 21,
2025.Steel (9.3%), cement (9.2%), and refinery products (3.4%) were the only
sectors to show positive growth in June 2025, with steel posting the highest
year-on-year gain among all sectors.The ICI measures the combined and
individual performance of production of eight core industries viz. Coal, Crude
Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and
Electricity. The Eight Core Industries comprise 40.27 percent of the weight of
items included in the Index of Industrial Production (IIP).
2. Parliament Passes ‘Bills
of Lading, 2025’ to Modernize Maritime Shipping Laws: On the first day of the
Monsoon Session, the ‘Bills
of Lading, 2025’ bill was passed
by the Rajya Sabha, after already being cleared by the Lok Sabha, and
now awaits Presidential assent to become law.The bill seeks to replace the
169-year-old Indian Lading Act, 1856, introducing a modern and globally aligned
legal framework for maritime shipping documentation in India.It aims to
simplify legal language, reduce ambiguity, clarify rights and obligations of
all parties involved in shipping, and minimize litigation, thus supporting Ease
of Doing Business (EODB) and India’s global trade standing.The bill includes an
enabling clause empowering the Central Government for effective implementation
and features a repeal and saving clause to ensure legal continuity of actions
under the old Act.
3. NESTS Signs MoU with
Avanti Fellows to Provide JEE & NEET Coaching for Tribal Students from 2025: The National Education
Society for Tribal Students (NESTS) signed a five-year MoU with Avanti Fellows to provide
IIT-JEE and NEET coaching to tribal students studying in Eklavya
Model Residential Schools (EMRSs), effective from the academic year
2025–26.Under the initiative, a Centre of Excellence (CoE) will be established
at EMRS Bhopal (Madhya Pradesh) with a batch of 80 selected students, aiming to
offer structured, high-quality academic support to tribal youth for
national-level entrance exams.The collaboration seeks to bridge the educational
gap, promote inclusive education, and empower tribal students with the tools,
mentorship, and confidence needed to excel in competitive exams and realize
their full potential.
4. Jharkhand Becomes First
State to Launch Mining Tourism: Jharkhand has become the first Indian state to launch mining tourism,
an initiative announced by CM Hemant Soren and inspired by his visit to the
Gava Museum of Mines in Barcelona, aiming to showcase the state’s rich
industrial and mineral heritage.Home to nearly 40% of India’s mineral wealth,
Jharkhand has partnered with Central Coalfields Limited (CCL) through an MoU to
open mining sites to tourists, students, and the general public for educational
and experiential visits.The Jharkhand Tourism Development Corporation (JTDC)
will manage the project’s operations with the support of CCL and other
stakeholders, promoting the state’s mining identity and boosting tourism
diversification.
5. L&T to Build India’s
Largest Green Hydrogen Plant at IOCL Panipat Refinery Under 25-Year Agreement: L&T Energy GreenTech
(LTEG), a wholly owned subsidiary
of Larsen & Toubro, will set up India’s largest green hydrogen plant at IOCL’s Panipat refinery in
Haryana, supplying 10,000 tonnes of green hydrogen annually for 25 years
under a build-own-operate (BOO) model.
The
plant will be powered entirely by renewable energy and will use indigenously
manufactured high-pressure alkaline electrolysers from L&T Electrolysers
Ltd’s Hazira facility, supporting the goals of the National Green Hydrogen
Mission and Aatmanirbhar Bharat.
6. Anup Kumar Saha Resigns as
Bajaj Finance MD; Rajeev Jain Reappointed Till 2028: Anup Kumar Saha resigned
as Managing Director of Bajaj
Finance just four months after his appointment, citing personal
reasons.Rajeev Jain has been reappointed as Managing Director till March 31,
2028; he previously held the same role and will also continue serving as Vice
Chairman of the company.
INTERNATIONAL UPDATES:
1. First Deputy Managing
Director Gita Gopinath to Leave the IMF to Rejoin the Harvard Economics
Faculty: International Monetary Fund (IMF) Managing Director Kristalina Georgieva
announced that Gita Gopinath, First
Deputy Managing Director (FDMD), would be leaving the Fund at the end of August
to return to Harvard University,
where she will be the inaugural Gregory and Ania Coffey Professor of Economics
in the Department of Economics.Gopinath joined the Fund in January 2019 as
Chief Economist and was promoted to First Deputy Managing Director in January
2022.
2. Hazardous Sewer Cleaning Risks and Safety Measures
in India: Recent
reports show critical safety lapses among sewer and septic tank workers in
India. Over 90% of workers who died during hazardous cleaning lacked proper
safety gear. A government-commissioned social audit has revealed alarming gaps in
safety protocols, training and worker consent. This has prompted the launch of
targeted schemes to improve conditions. Between 2022 and 2023, 150 deaths
occurred due to hazardous sewer and septic tank cleaning. The audit examined 54
cases across eight States and Union Territories. It found that in 49 cases,
workers had no protective equipment. Only gloves and gumboots were sometimes
provided. Mechanised cleaning tools were almost never used. Training on safety
measures was nearly absent.
OTHER UPDATES:
DEFENCE
1. Indigenous Anti-Submarine Warfare Ship
Ajay: The Indian
Navy marked a key milestone with the launch of Yard 3034 Ajay, the eighth and
final ship of the Anti-Submarine Warfare Shallow Water Craft (ASW SWC) series.
Built indigenously by Garden Reach Shipbuilders and Engineers (GRSE) in
Kolkata, this launch reinforces India’s push for self-reliance in defence
shipbuilding under the Aatmanirbhar Bharat initiative. Yard 3034 Ajay was
launched on 21 July 2025 at GRSE’s Kolkata yard. The event was graced by Vice
Admiral Kiran Deshmukh, Chief of Materiel, and Mrs Priya Deshmukh, who
ceremonially launched the ship. Senior officials from the Indian Navy and GRSE
attended. The launch comes shortly after the commissioning of the first ship of
the class, INS Arnala, on 18 June 2025. The second ship, INS Androth, is ready
for delivery following successful sea trials.
SPORTS
1. National Sports Governance Bill 2025: The National Sports
Governance Bill 2025 was introduced in India’s Parliament to improve
transparency and accountability in sports administration. It targets national
sports bodies including the Board of Control for Cricket in India (BCCI). The
bill aims to establish a robust regulatory framework to govern sports
federations and promote athlete welfare. The bill seeks to enhance governance
in Indian sports by enforcing transparency and ethical practices. It focuses on
athlete welfare, fair play, and integrity. The legislation intends to resolve
long-standing issues such as opaque election processes and weak athlete
representation. It aims to create a culture of good governance based on
universally accepted principles. The bill mandates the formation of key bodies
like the National Olympic Committee, National Paralympic Committee, National
Sports Federations (NSFs), and Regional Sports Federations. Each body will
govern specific recognised sports disciplines. This structure is designed to
streamline administration and promote consistent standards across all sports.
SCIENCE AND TECHNOLOGY
1. MSDE Launches AI-Powered
‘Skill India Assistant’ Chatbot to Boost Skilling Access via WhatsApp: The Ministry
of Skill Development and Entrepreneurship (MSDE) has launched
the Skill India Assistant (SIA), an AI-powered chatbot developed by Meta
and NSDC to provide personalised skilling and employment support through
WhatsApp and the Skill India Digital Hub (SIDH) platform.Built on Meta’s
open-source LLaMA model, SIA offers multilingual, multimodal support
(voice/text in English, Hindi, and Hinglish), and provides services such as
course recommendations, job listings, nearby training locators, and
doubt-clearing quizzes — all available 24/7, even in low-bandwidth areas.With a
focus on inclusivity and accessibility, SIA is India’s first large-scale public
AI deployment in the skilling sector, designed to reach rural and underserved
communities through WhatsApp and supported by a national awareness campaign.
2. 23 July – National
Broadcasting Day: National Broadcasting Day is observed
in India on 23rd July every year.The day commemorates the first-ever radio
broadcast in India, which was aired on July 23, 1927, from the Bombay Station
of the Indian Broadcasting Company (IBC).Later, the IBC was taken over by the
government and renamed All India Radio (AIR) in 1936. The day recognizes the
vital role broadcasting, especially radio, has played in informing, educating,
and entertaining the public, particularly in rural and remote areas.
3. Comet AI Browser: The launch of Comet, an
AI-first web browser by Perplexity, marks shift in internet usage in 2025.
Designed to delegate web tasks to AI agents, Comet promises a new browsing
experience where users interact less with websites and more with intelligent
assistants that act on their behalf. Currently in early access under the Perplexity
Max plan, Comet is shaping the future of browsing through automation and
contextual understanding. Comet was developed to overcome limitations of
traditional browsers and AI tools embedded within them. Unlike browsers that
rely on cloud-based agents or extensions, Comet is a standalone application
built on the Chromium framework. This gives it compatibility with popular
Chrome extensions and user settings while maintaining full control over AI
integration. The browser’s AI agents are deeply embedded, allowing seamless
interaction across tabs and services without repeated logins or manual data
transfer.
BANKING AND FINANCE
1. ADB Sanctions ₹975 Crore
for Industrial Infrastructure in Tripura: The Asian Development Bank (ADB) has sanctioned a ₹975.26 crore loan to
build world-class infrastructure—such as industrial sheds, roads, power
substations, and fire stations—across
nine industrial zones in Tripura, including Bodhjungnagar, R K
Nagar, Dukli, and AN Nagar.The Tripura Industrial Development Corporation
(TIDC) has begun work in newly allotted industrial areas at Santirbazar (127
acres) and Fatikroy (28 acres), while also reclaiming 28 acres from inactive
units to promote efficient land use and support emerging entrepreneurs.
2. Income Tax Bill 2025: The Income Tax Bill 2025
has recently sparked debate over privacy concerns linked to its digital search
and seizure provisions. The Bill grants tax authorities powers to override
digital security measures and access social
media and encrypted
communications. Despite objections, a Parliamentary Select Committee has
recommended retaining these powers with minimal changes. This move reflects the
government’s intent to adapt tax enforcement to the digital age while balancing
privacy and legal safeguards. The Bill defines virtual digital space broadly,
covering all digital platforms where users interact and communicate. Tax
officials can bypass passwords and encryption on social media, emails, and
messaging apps to uncover financial data hidden in encrypted chats. This aims
to tackle tax evasion through digital means but raises privacy issues.
AWARDS AND HONOURS
1. “Meri Panchayat” App Wins
WSIS Prizes 2025 Champion Award for Advancing Digital Rural Governance: The “Meri Panchayat” mobile application
received the WSIS Prizes 2025
Champion Award under the category of Cultural Diversity and
Identity, Linguistic Diversity, and Local Content at the WSIS+20 High-Level
Event held in Geneva, Switzerland.Developed by the Ministry of Panchayati Raj
and NIC, the app empowers over 25 lakh elected representatives and nearly 950
million rural citizens across 2.65 lakh Gram Panchayats, promoting digital
inclusion and transparent rural governance.The app provides real-time access to
Panchayat budgets, development plans, public services, weather updates, and
grievance redressal in 12+ Indian languages, with geo-tagging and social audit
features enhancing accountability.
2. Sant Kabir and National Handloom Awards 2024 Announced: The Ministry of Textiles will confer the Sant Kabir Handloom Awards and National Handloom Awards 2024 to honor 24 outstanding contributors to the handloom sector, including weavers, designers, startups, marketers, and producer companies under the National Handloom Development Programme (NHDP)A total of 5 Sant Kabir Awards and 19 National Handloom Awards will be presented during the 11th National Handloom Day celebrations on August 7, 2025, at Bharat Mandapam, New Delhi, in the presence of the Hon’ble President of India and other dignitaries.The Sant Kabir Handloom Award includes a cash prize of ₹3.5 lakh, a gold coin (mounted), a Tamrapatra (certificate), shawl, and a certificate of recognition, awarded to weavers with exceptional contributions to weaving traditions, innovation, and community development.The National Handloom Award recognizes excellence in craftsmanship and innovation, offering a cash prize of ₹2 lakh, along with a Tamrapatra, shawl, and certificate, to motivate and inspire handloom artisans across the country.
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