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Friday, August 1, 2025

Daily GK Update- 1st Aug, 2025

 

NATIONAL UPDATES:

 

1. IEPFA Launches 100-Day “Saksham Niveshak” Campaign to Help Investors Reclaim Unclaimed Dividends and Update KYC Details: The Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs has launched a 100-day nationwide campaign titled “Saksham Niveshak”, running from 28th July to 6th November 2025, to create awareness about unclaimed dividends and promote KYC and nomination updates.The campaign encourages companies to proactively help shareholders recover unclaimed dividends and avoid the transfer of shares and dividends to IEPFA by ensuring timely KYC compliance and record updates.IEPFA aims to empower investors and promote financial literacy through initiatives like Niveshak Didi, Niveshak Panchayat, and Niveshak Shivir, while also ensuring direct dividend payouts to the rightful shareholders.

 

2. PM Modi Releases ₹1,000 Coin to Commemorate 1,000th Anniversary of Rajendra Chola I’s Naval Expedition: Prime Minister Narendra Modi released a ₹1,000 commemorative coin in Gangaikonda Cholapuram to mark the 1,000th anniversary of the naval expedition of King Rajendra Chola I, celebrating India’s rich maritime history.The proposal to release the coin was made by R. Komagan, chairman of the Gangaikondacholapuram Development Council Trust, who also designed the coin featuring King Rajendra Chola I on horseback with a ship in the backdrop.

 

3. Jyotiraditya Scindia Launches Sanchar Saathi App in Hindi: Communications Minister Jyotiraditya Scindia launched the Sanchar Saathi mobile app in Hindi and 21 regional languages, aiming to expand its accessibility and utility across India’s diverse linguistic population.The app, originally launched in January, enables users to report suspicious communications, block or trace lost/stolen phones, and detect unauthorized mobile connections, and has already crossed 46 lakh downloads.The relaunch took place during a stakeholders’ meeting in New Delhi focused on combating telecom-related cyber frauds, with participation from law enforcement agencies, telecom providers, financial institutions, C-DOT, RPF, and civil society.

 

INTERNATIONAL UPDATES:

 

1. Australia bans Youtube for children under 16 to protect from harmful online content: Australia has expanded its child online safety law to ban YouTube for users under 16, adding it to the list of restricted platforms alongside Facebook, Instagram, TikTok, and Snapchat.The inclusion of YouTube came after a survey revealed that 37% of minors encountered harmful content on the platform, despite its earlier exemption for educational purposes.The law, effective from December 10, 2025, imposes fines up to 49.5 million Australian dollars on companies that fail to comply, reinforcing Australia’s strict approach to protecting teenagers from online harm.

 

2. Australia’s First Homegrown Orbital Rocket ‘Eris’ Crashes 14 Seconds After Liftoff in Test Flight: Australia’s first homegrown orbital rocket, Eris, crashed just 14 seconds after liftoff during its maiden test flight from a spaceport near Bowen, Queensland.The rocket, developed by Gilmour Space Technologies, was designed to carry small satellites into orbit and marked a significant milestone as the first Australian-made orbital launch vehicle.Despite successfully clearing the launch tower, the 23-meter Eris rocket failed mid-air, with videos showing it hovering briefly before crashing and smoke rising from the site.

 

3. Indian-Origin Nikhil Ravishankar Appointed as New CEO of Air New Zealand: Indian-origin Nikhil Ravishankar has been appointed as the new CEO of Air New Zealandsucceeding Greg Foran, who is set to step down on October 20, 2025.Ravishankar currently serves as Air New Zealand’s Chief Digital Officer and has been instrumental in enhancing digital infrastructure, customer experience, and loyalty systems during his nearly five-year tenure.

 

4. Indian-Origin Executive Shailesh Jejurikar Appointed CEO of Procter & Gamble: Indian-origin executive Shailesh Jejurikar has been appointed as the next President and CEO of Procter & Gamble (P&G), effective January 1, 2026, becoming the first Indian to lead the global consumer goods giant.Currently serving as Chief Operating Officer, Jejurikar has been with P&G since 1989, holding key leadership roles across regions and categories like fabric care and home care, and playing a major role in global business transformation and supply chain innovation.Current CEO Jon Moeller will transition to Executive Chairman, while Jejurikar has also been nominated to stand for election as a Director at the October 2025 annual shareholder meeting.

 

OTHER UPDATES:

DEFENCE

 

1. Lt. Gen. Pushpendra Singh Appointed as Vice-Chief of Army Staff: Lieutenant General Pushpendra Singh, a decorated officer of the Parachute Regiment with over 35 years of service, has been appointed as the new Vice-Chief of Army Staff (VCOAS) and will assume charge, succeeding Lt. Gen. NS Raja Subramani.An alumnus of the Indian Military Academy, he was commissioned into 4 Para (Special Forces) in 1987 and has participated in several key operations, including Pawan, Meghdoot, Rakshak, and Orchid, as well as UN Peacekeeping Missions in Lebanon and Sri Lanka.In other appointments, Vice Admiral Krishna Swaminathan will become the next FOC-in-C of Western Naval Command, while Vice Admiral Sanjay Vatsayan is set to take over as Vice Chief of the Naval Staff (VCNS) on August 1, 2025.

 

2. Sanjay Singhal Appointed as DG of SSB: The Central Government has appointed BSF’s Special Director General Sanjay Singhal as the new Director General of the Sashastra Seema Bal (SSB). He is a 1993-batch IPS officer from the Uttar Pradesh cadre.Sanjay Singhal will assume charge on September 1, 2025, and serve until his superannuation on December 31, 2028, or until further orders, whichever is earlier. He will succeed Amrit Mohan Prasad, who is set to retire on August 31, 2025.

 

3. INS Satpura Reaches Singapore to Participate in 32nd SIMBEX-25: INS Satpura has reached Singapore to take part in the 32nd edition of SIMBEX-25, the Singapore-India Maritime Bilateral Exercise, reinforcing the strong and strategic maritime partnership between the Indian Navy and the Republic of Singapore Navy (RSN).The Harbour Phase of the exercise includes Subject Matter Expert Exchanges (SMEEs), professional interactions, and operational-level discussions, promoting knowledge sharing, doctrine alignment, and deck familiarisation visits aboard RSN ships Vigilant and Supreme.SIMBEX-25 aligns with India’s ‘MAHASAGAR’ vision and Act East Policy, symbolising growing trust and operational synergy between the two naval forces in the Indo-Pacific region.

 

4. Goa Shipyard Launches ICGS ATAL, Sixth Indigenous Fast Patrol Vessel to Boost Coast Guard Capabilities: Goa Shipyard Limited (GSL) launched ICGS ATAL (Yard 1275), a Fast Patrol Vessel (FPV), in Vasco-da-Gama, Goa, reinforcing India’s push for indigenous defence production and maritime self-reliance under Aatmanirbhar Bharat.ICGS ATAL is the sixth of eight indigenously designed state-of-the-art FPVs being constructed by GSL for the Indian Coast Guard, with the vessel measuring 52 meters in length, 8 meters in beam, and 320 tonnes in displacement.These high-speed vessels are equipped for coastal patrol, anti-smuggling, anti-piracy, island security, and offshore asset protection, significantly boosting India’s maritime domain awareness and national security capabilities.

 

5. Operation Shiv Shakti: The Indian Army launched Operation Shiv Shakti in the Poonch sector of Jammu and Kashmir. The operation successfully eliminated two terrorists attempting infiltration across the Line of Control (LoC). This came shortly after Operation Mahadev neutralised three terrorists involved in the deadly April 22 Pahalgam attack that killed 26 civilians. These operations show India’s intensified efforts to counter cross-border terrorism and secure vulnerable regions. Operation Shiv Shakti was initiated following precise intelligence inputs from the Indian Army and Jammu and Kashmir Police. The operation targeted Lashkar-e-Taiba militants trying to infiltrate via the Maldivalan sector of Degwar in Poonch. This region is prone to militant activity due to its challenging terrain and proximity to the LoC.

 

SPORTS

 

1. MS Dhoni Joins ACKO as Brand Ambassador: MS Dhoni has partnered with ACKO as both a brand ambassador and a strategic investor, marking a significant collaboration with one of India’s fastest-growing digital insurance companies.Dhoni’s investment in ACKO comes through his family office, Midas Deals Pvt Ltd, reflecting his confidence in the company’s vision of transforming insurance through technology and customer-first solutions.The partnership aims to simplify and modernise insurance for urban India, making it more accessible, intuitive, and aligned with the evolving digital expectations of consumers.

SCIENCE AND TECHNOLOGY

 

1. 2023 Marine Heat Waves: The year 2023 witnessed marine heat waves (MHWs) of unprecedented scale and intensity. Covering 96 per cent of the global ocean surface, these events lasted four times longer than historical averages. Scientists warn that such extreme ocean warming may indicate a climate tipping point. This could lead to irreversible damage to marine ecosystems and threaten global marine industries. Marine heat waves are prolonged periods of unusually high ocean temperatures. They occur in various ocean regions and have become more frequent and intense over recent decades. These events disrupt marine ecosystems, affect fisheries, and impact human livelihoods dependent on the sea. In 2023, MHWs reached new extremes in intensity, duration, and geographic extent. The total marine heat wave activity amounted to 53.6 billion °C days square kilometre. This figure exceeds the historical norm by more than three standard deviations since 1982. MHWs lasted four times longer than the average duration recorded over the past 40 years.

 

BANKING AND FINANCE

 

1. Anju Rathi Rana Appointed as Ex-Officio Member of IBBI: Anju Rathi Rana, the current Law Secretary and the first woman to hold the post of Secretary, Legal Affairs, has been appointed as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI) by the central government under Section 189 of the Insolvency and Bankruptcy Code (IBC), 2016.This appointment provides representation to the Ministry of Law & Justice on the IBBI Board, which already includes members from the Ministry of Finance, Ministry of Corporate Affairs, Reserve Bank of India, and legal and financial experts.Anju Rathi Rana, a senior officer of the Indian Legal Service, previously served as a public prosecutor for 18 years and joined the law ministry in 2017 as a Joint Secretary before becoming Law Secretary in March 2025.

 

AWARDS AND HONOURS

 

1. Suhani Shah Becomes First Indian to Win Best Magic Creator Award at FISM World Championship 2025: Suhani Shah has made history by winning the Best Magic Creator award at the FISM World Championship of Magic 2025, becoming the first Indian—and one of the very few women—to be recognised at this prestigious global platform often called the “Olympics of Magic.”She triumphed over globally renowned magicians like Jack Rhodes, Jason Ladanye, and Mohammad Imani, earning the award in the newly introduced Online Magic Awards category, which celebrates digital innovation in magic through platforms like YouTube and Instagram.Shah’s win is a landmark moment for Indian magic and women in performance arts, spotlighting India’s magical heritage and modernising the art form through digital storytelling, psychological illusion, and human-centric performances.


 

 

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