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CURRENT AFFAIRS : BANKING & FINANCE

Green Climate Fund Approves $200 Million for Asian Development Bank-Led Programme to Accelerate Clean Energy Investment in India

• The Green Climate Fund (GCF), the world’s largest climate fund, approved $200 million for a new Asian Development Bank (ADB)-led programme to boost large-scale public and private investment in emerging clean energy sectors in India.
• Approval took place during GCF’s 42nd Board meeting on July 1, 2025.
• The funding supports ADB’s India Green Finance Facility (IGFF), a blended finance program aimed at crowd-in investment from India’s development finance institutions (DFIs) and the private sector.
• This is ADB’s first partnership with GCF in India and aims to catalyse uptake of emerging clean technologies and strengthen the capacity of India’s financial institutions to scale up climate action.
• IGFF will provide lines of credit to India’s leading DFIs to accelerate funding for technologies like round-the-clock renewable energy, green hydrogen, compressed biogas, electric transport in rural areas, and decentralised renewable energy solutions.
• The programme supports India’s goal to transform its energy systems to achieve net zero emissions by 2070.
• While India has advanced in wind and solar energy, the focus is now on decarbonising hard-to-abate sectors such as industry, agriculture, and transportation.

Agri-Fintech Dvara E-Registry Introduces Micro LAP Product Offering Secured Credit to Small Farmers and Agri-Value Chain Participants in India

• Agri-fintech start-up Dvara E-Registry has launched a Micro Loan Against Property (Micro LAP) product to provide secured, asset-backed credit to small and marginal farmers and other participants in India’s agricultural value chain.
• The Micro LAP enables farmers to leverage immovable assets to access credit for enterprise growth, diversification, and livelihood stability.
• This marks a strategic move from short-tenure farm loans to long-term, secured lending, expanding access to formal credit for the underserved rural sector.
• The launch coincides with Dvara E-Registry crossing ₹150 crore in cumulative disbursements.

• The company has facilitated over 33,000 farm loans across 5 states, 50 districts, and more than 3,000 villages, in collaboration with 250+ Farmer Producer Organisations (FPOs).

Trinidad and Tobago Becomes First Caribbean Nation and 8th Country to Adopt UPI for Indian Travelers via Local Partnership

• Trinidad and Tobago became the 8th country and the first in the Caribbean to adopt Unified Payments Interface (UPI) for Indian travelers through a local partnership.
• Prime Minister Narendra Modi congratulated the country for integrating the digital payment system via the BHIM app.

• Modi visited Trinidad and Tobago from July 3–4, 2025, at the invitation of Kamla Persad-Bissessar, the Prime Minister of Trinidad and Tobago.

• During the visit, both countries expressed interest in expanding cooperation in the digital domain.
• The two nations agreed to collaborate on India Stack solutions such as DigiLocker, e-Sign, and Government e-Marketplace (GeM).

• Trinidad and Tobago joined other UPI-integrated countries like France, UAE, Bhutan, Nepal, Mauritius, Sri Lanka, and Singapore, improving cross-border and QR code-based digital transaction capabilities.

• This move strengthens India’s digital diplomacy and promotes financial interoperability with partner nations.

About Trinidad and Tobago :

• President : Christine Kangaloo
• Prime Minister : Kamla Persad-Bissessar
• Capital : Port of Spain
• Currency : Trinidad and Tobago dollar

HDFC Life Partners with IIT Bombay’s Society for Innovation & Entrepreneurship to Launch ‘InsUReka’ Innovation Challenge for Indian Startups

• HDFC Life, in collaboration with Society for Innovation & Entrepreneurship (SINE), IIT Bombay, has launched the ‘HDFC Life InsUReka’ innovation challenge for startups across India.
• The initiative aims to promote technology-driven innovation in the life insurance sector by inviting startups to develop solutions that enhance customer experience.
• Participating startups will gain mentorship, visibility, and opportunities to work on real-world problem statements from HDFC Life.

• HDFC Life is a subsidiary of HDFC Bank Limited, one of India’s leading private sector banks.

About SINE :

• SINE is a technology business incubator (TBI) at IIT Bombay, established in 2004, dedicated to fostering entrepreneurship and supporting start-up ecosystems.

Reserve Bank of India Revises Operating Hours for Standing Deposit Facility and Marginal Standing Facility  

• The Reserve Bank of India (RBI) has revised the operating hours for the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF).
• Effective July 1, 2025, both SDF and MSF will be available from 7:00 PM to 11:59 PM on all days.
• This revision aligns with the revised call money market timings, which also start at 7:00 PM.
• Previously, the operational hours for SDF and MSF were from 5:30 PM to 11:59 PM.
• Standing Deposit Facility (SDF): Offers banks an option to deposit excess funds with the RBI overnight without collateral, at an interest rate of 5.25%.

• Marginal Standing Facility (MSF): Allows banks to borrow overnight funds from the RBI, by using their SLR securities, at an interest rate of 5.75%.

Reserve Bank of India Sets Premature Redemption Price of ₹9,630 per Unit for Sovereign Gold Bond 2017–18 Series X

• The Reserve Bank of India (RBI) announced the premature redemption price for Sovereign Gold Bond (SGB) 2017–18 Series X, scheduled for June 4, 2025, fixed at ₹9,630 per unit.
• The redemption price is based on the simple average of closing gold prices (999 purity) published by the India Bullion and Jewellers Association Ltd (IBJA) for the three preceding business days: May 30, June 2, and June 3,
• The Sovereign Gold Bond Scheme was launched by the Government of India in November 2015, under the Gold Monetization Scheme.
• The scheme issues bonds in tranches, with terms and conditions notified by RBI in consultation with the Government of India.

Key Highlights :

• SGBs are government securities denominated in grams of gold, serving as substitutes for physical gold; investors pay in cash and receive cash redemption on maturity.
• Bonds can be held by residents of India—individuals, minors (through guardians), joint holders, Trusts, Charitable Institutions, and Universities.
• Minimum investment is 1 gram of gold, with a maximum subscription limit of 500 grams per person per fiscal year; post-2017, limits increased to 4 kg for individuals/HUF and 20 kg for trusts/entities annually.

• Bonds bear a fixed interest rate of 2.50% per annum, paid half-yearly, with the last interest paid at maturity.
• Scheduled Commercial Banks (excluding RRBs), designated Post Offices, SHCIL, NSE, and BSE are authorized to receive applications directly or through agents.
• Payment modes include cash (up to ₹20,000), demand drafts, cheques, or electronic banking in Indian Rupees.
• Bonds mature after 8 years; premature redemption is allowed from the 5th year on interest payment dates.
• Bonds may be used as collateral for loans, with the Loan to Value ratio governed by RBI rules for ordinary gold loans.

• Interest on bonds is taxable under the Income-tax Act, 1961.
• Bonds are eligible for trading from dates notified by RBI.

CURRENT AFFAIRS: NATIONAL AND STATE NEWS

NITI Aayog Unveils 2nd North Eastern Region District Sustainable Development Goals Index Report (2023–24)

• The second edition of the North Eastern Region (NER) District SDG Index Report (2023–24) was released by NITI Aayog, in partnership with the Ministry of Development of North Eastern Region (MoDoNER) and with UNDP support.
• Building on the first edition (August 2021), this Index evaluates 121 districts across eight NER states on their progress against the Sustainable Development Goals (SDGs), using NITI Aayog’s SDG India Index

Key Highlights:

• Collaborative Launch: Unveiled by Shri Suman Bery (Vice Chairman, NITI Aayog), Shri B.V.R. Subrahmanyam (CEO, NITI Aayog), Shri Chanchal Kumar (Secretary, MoDoNER), and Dr. Angela Lusigi (UNDP India Representative).
• Assessment Framework:
  • Measures performance across social, economic, and environmental dimensions.
  • Districts categorized as Achiever (100), Front Runner (65–99), Performer (50–64.9), and Aspirant (<50).
• Top and Bottom Districts:
  • Highest Score: Hnahthial, Mizoram – 81.43 (Front Runner).
  • Lowest Score: Longding, Arunachal Pradesh – 58.71 (Performer).
• State-Level Insights:
  • Mizoram, Sikkim, Tripura: All districts are Front Runners, with no Aspirants or Achievers.
  • Sikkim shows the most consistent performance (range 5.5 points).
  • Tripura combines high scores with low intra-state variation (range 6.5 points).
  • Nagaland and Mizoram exhibit wider score ranges (15.07 and 13.72, respectively).
• District Score Ranges by State:
  • Arunachal Pradesh: Lower Dibang Valley (73.36) to Longding (58.71)
  • Assam: Dibrugarh (74.29) to South Salmara-Mankachar (59.71)
  • Manipur: Imphal West (73.21) to Pherzawl (59.71)
  • Meghalaya: East Khasi Hills (73.00) to East Jaintia Hills (63.00)
  • Mizoram: Hnahthial (81.43) to Lawngtlai (67.71)
  • Nagaland: Mokokchung (78.43) to Zunheboto (63.36)
  • Sikkim: Gangtok (76.64) to Gyalshing (71.14)
  • Tripura: Gomati (78.79) to Dhalai (72.29)
• Policy Implications: The Index is a key tool for evidence-based planning, resource allocation, and monitoring at the district level, supporting India’s drive toward Viksit Bharat @2047 and the 2030 SDG targets.
• Cooperative Federalism in Action: Demonstrates unified commitment of the eight NER states, NITI Aayog, and MoDoNER to inclusive and sustainable development.

RECENT NEWS

• NITI Aayog released a report titled Enhancing Competitiveness of MSMEs in India, in collaboration with the Institute for Competitiveness (IFC). The report provides a comprehensive analysis of India’s Micro, Small, and Medium Enterprises (MSMEs), identifying key challenges and presenting a set of systemic reforms aimed at boosting their competitiveness.

Haryana to Establish Asia’s Largest Jungle Safari in the Aravalli Hills

• The Haryana government announced its plan to develop a 10,000-acre jungle safari in the Aravalli Hills, aiming to conserve wildlife, promote eco-tourism, and create employment for local communities.

Key Highlights:

• Asia’s Largest Safari: The project will span 10,000 acres, making it the biggest jungle safari in Asia, designed with eco-friendly infrastructure and minimal disturbance to flora and fauna.
• Wildlife and Habitat Protection: The safari will house diverse species of animals, birds, and plants in their natural habitats, supported by modern technology for monitoring and care.
• Tourism and Job Creation: Expected to become a major tourist attraction, the initiative will generate employment in guiding, hospitality, wildlife management, and related services for local youth.
• Learning from Best Practices: Haryana’s leadership, including CM Nayab Singh Saini, Union Minister Manohar Lal, and Environment Minister Rao Narbir Singh, visited the Vantara Wildlife Facility in Jamnagar, Gujarat, to study its successful wildlife-care model.
• Departmental Collaboration: The Forests and Tourism Departments will jointly oversee planning and implementation, ensuring both visitor experience and environmental safety.

RECENT NEWS

• The Haryana government has introduced the “Pandit Lakhmi Chand Kalakar Samajik Samman Yojana”, aimed at providing monthly financial assistance to elderly and economically weaker artistes who have significantly contributed to the arts in the state.

CURRENT AFFAIRS : INTERNATIONAL NEWS

United Arab Emirates Introduces New Golden Visa Allowing Long-Term Residency Without Property or Business Investment

• The United Arab Emirates (UAE) has launched a new Golden Visa that offers long-term residency without investment in property or
• This is part of a “nomination-based visa policy”, where applicants can get the visa by paying a one-time fee of AED 100,000 (approx. Rs 23.3 lakh).
• The original Golden Visa programme was launched in 2019 for investors, entrepreneurs, and highly skilled professionals.
• In 2022, the UAE reduced the property investment requirement to AED 2 million, making it more accessible.
• The new visa is open to professionals such as scientists, educators, nurses, digital creators, and maritime experts, who must meet eligibility criteria like 15+ years of experience or accredited recognition.
• Applicants must pass strict background checks, including anti-money laundering screening and social media evaluations.
• The application is currently open to Indian and Bangladeshi nationals via VASCO centres.

• The initiative supports the India-UAE CEPA agreement and highlights the strategic partnership between the two nations.

About UAE :

• President : Mohamed bin Zayed Al Nahyan
• Prime Minister : Mohammed bin Rashid Al Maktoum
• Capital : Abu Dhabi
• Currency : UAE dirham

Indonesia Joins BRICS as Full Member at 17th Summit in Rio de Janeiro, Brazil

• At the 17th BRICS Summit held in Rio de Janeiro, Brazil (July 6–7, 2025), leaders welcomed Indonesia as a full member of BRICS.
• The summit also announced the inclusion of 10 partner countries: Belarus, Bolivia, Kazakhstan, Nigeria, Malaysia, Thailand, Cuba, Vietnam, Uganda, and Uzbekistan.
• With these additions, BRICS now includes 20 countries — 10 core members and 10 partner nations, representing 56% of the world’s population and contributing 44% of global GDP.
• The summit adopted key declarations on climate finance, AI governance, and launched a partnership to eliminate socially determined diseases.
• BRICS was originally formed in 2006 as BRIC and became BRICS with South Africa’s entry in 2010.

• The summit theme was "Strengthening Global South Cooperation for a More Inclusive and Sustainable Governance," focusing on rebalancing global power structures considered outdated by BRICS.
• BRICS leaders called for reform of the international system to better reflect 21st-century geopolitical realities.

• Key initiatives included launching the BRICS Partnership for the Elimination of Socially Determined Diseases and a new investment guarantee mechanism via the New Development Bank (NDB).
• Tropical forest conservation was emphasized, with a special fund created to protect major rainforests like the Amazon and Congo located mostly in BRICS countries.
• India will host the 18th BRICS Summit in 2026 and was welcomed as the host for COP 33 of the UNFCCC in 2028.
• The UNFCCC COP-30 will be held in Belém, Brazil.

Recent News :

• In July, 2025 Colombia and Uzbekistan officially joined the New Development Bank (NDB), expanding the membership of the multilateral lender known as the BRICS Bank.

About BRICS :

• Formation : 16 June 2009

BRICS Chamber of Commerce and Industry Women Empowerment Launches WE WISE to Boost Women’s Leadership in Technology and AI

• The Women Empowerment Vertical of the BRICS Chamber of Commerce and Industry (BRICS CCI WE) has launched WE WISE – Women in Innovation, Science and Entrepreneurship to promote women’s leadership in technology, especially in Artificial Intelligence (AI).
• The initiative was unveiled during the BRICS Women Business Alliance (WBA) Annual Plenary Meeting in Rio de Janeiro, Brazil.
• BRICS CCI WE signed an MoU with the WBA Brazilian Chapter to jointly promote sustainable economic development and gender equity.
• WE WISE aims to create a global collaborative platform that connects mentors, experts, and innovators to empower women across BRICS+ nations.
• BRICS CCI WE President Ruby Sinha stated that the platform will act as a catalyst for lasting change, enabling women to lead with purpose and power in BRICS+ economies.

CURRENT AFFAIRS: AWARDS AND HONOURS

V.Vedachalam Honoured with Tamil Wikki Suran Award for 51 Years of Archaeological Work

• Veteran archaeologist and epigraphist V. Vedachalam was presented with the Tamil Wikki Suran Award in Madurai, Tamil Nadu, marking 51 years of service in the field of Tamil archaeology and history.
• At 75 years old, he continues to inspire students, scholars, and the public with his discoveries and commitment to uncovering and preserving Tamil heritage.

Key Highlights:

• Educational Background: Vedachalam holds an MA in Tamil Literature and a PG Diploma in Archaeology and Epigraphy.
• Early Career: His first major project was at Karur, the ancient Chera Kingdom capital, where he helped uncover parts of the fort wall.
• Epigraphic Expertise: Known for identifying inscriptions in hard-to-reach places, such as a 2,000-year-old inscription at Vikramangalam found on a ceiling ledge.
• Keeladi Excavation: Among the earliest to recognize the importance of Keeladi, a site linked to the Sangam Age. Even after retirement, he continued daily site visits.
• Public Education & Outreach:
  • Authored 25 books on history and archaeology.
  • Since 2009, with support from Dhan Foundation, he and his team have visited over 300 villages to raise awareness about historical heritage.
  • Conducts educational sessions every second Sunday for villagers and frequently visits colleges to engage with students.

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATION

Sanjog Gupta Named as New International Cricket Council Chief Executive Officer

• The International Cricket Council (ICC) has appointed Sanjog Gupta as its new Chief Executive Officer (CEO), effective July 7, 2025.
• He is the 7th CEO of the
• Sanjog Gupta currently serves as CEO – Sports & Live Experiences at JioStar, with 20+ years of experience in media, entertainment, and sports.
• The appointment was approved by ICC Chairman Jay Shah after thorough assessment and evaluation.
• Sanjog Gupta replaced Geoff Allardice, who stepped down in January 2025. Allardice served as interim CEO in 2020 and full-time CEO from 2021.

About ICC :

• The ICC is the global governing body for cricket, responsible for overseeing and regulating international cricket.

• Founded in 1909 as the Imperial Cricket Conference, renamed International Cricket Conference in 1965, and became the International Cricket Council in 1989.
• ICC Headquarters are in Dubai, United Arab Emirates.

CURRENT AFFAIRS : DEFENCE NEWS

Japan Coast Guard Ship ‘Itsukushima’ Docks in Chennai to Boost India–Japan Maritime Cooperation

• Japan Coast Guard (JCG) Ship Itsukushima, commanded by Captain Naoki Mizoguchi, arrived at Chennai Port on July 07, 2025, as part of its Global Ocean Voyage Training.
• The visit reinforces the strategic partnership between the Indian Coast Guard (ICG) and JCG in the Indo-Pacific region.
• The week-long port call includes high-level bilateral meetings, joint professional and cultural exchanges, and a sea exercise to improve interoperability.
• Activities during the visit include courtesy calls, reciprocal ship visits, joint training sessions, yoga, and sports events.
• The engagement will conclude with a joint sea exercise named ‘Jaa Mata’

(meaning “see you later”) on July 12, 2025.

• As part of growing cooperation, four ICG officers will join Itsukushima as Sea Riders for the onward journey to Singapore.
• The visit builds upon the 2006 Memorandum of Cooperation between India and Japan.
• It aligns with India’s SAGAR (Security and Growth for All in the Region)

vision and the Indo-Pacific Oceans Initiative (IPOI).

About Ministry of Defence:

• Cabinet Minister: Rajnath Singh
• Minister of State (MoS): Ajay Bhatt

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

Tata Power-DDL and Japan’s Nissin Electric Commission India’s First Micro Substation with Power Voltage Transformer for Affordable and Reliable Power Supply

• Tata Power-DDL, in collaboration with Japan-based Nissin Electric Co Ltd, has commissioned India’s first micro substation with Power Voltage Transformer (PVT) to provide low-cost and reliable power supply.

• The micro substation with PVT can convert high-voltage power directly from transmission lines to low-voltage power suitable for residential consumers.
• Tata Power-DDL is a leading power utility serving around 9 million consumers in North Delhi.
• The project is part of the International Demonstration Project on Japan’s Energy Efficiency Technologies, initiated by New Energy and Industrial Technology Development Organization (NEDO).
• Tata Power-DDL and Nissin Electric signed the project agreement on August 21, 2024, to commence this initiative.

• The technology is especially useful in urban areas where network extension is challenging due to growing power demands.

Suriname Becomes First Amazon Region Nation Certified Malaria-Free by World Health Organisation

• Suriname became the first country in the Amazon region to receive malaria-free certification from the World Health Organisation (WHO) on June 30, 2025.
• This achievement follows nearly 70 years of sustained efforts by the Surinamese government and people to eliminate malaria across its rainforests and diverse communities.
• With Suriname’s inclusion, 46 countries and 1 territory have been certified as malaria-free by WHO, including 12 countries in the Region of the Americas.
• WHO grants malaria elimination certification when a country demonstrates, beyond reasonable doubt, that indigenous transmission has been interrupted nationwide for at least the past 3 consecutive years.

About Suriname :

• Capital : Paramaribo
• Currency : Surinamese Dollar (SRD).

About World Health Organisation :

• Formation : 7 April 1948
• Headquarters : Geneva, Switzerland
• Director General : Tedros Adhanom Ghebreyesus

CURRENT AFAIRS: MOUS AND AGREEMENT

Department of Empowerment of Persons with Disabilities (DEPwD) and Sri Aurobindo Society Sign MoU to Launch ‘Project Inclusion’ for Capacity Building in Inclusive Education

• The Department of Empowerment of Persons with Disabilities (DEPwD) under the Union Ministry of Social Justice & Empowerment has entered into an MoU with Sri Aurobindo Society (SAS) in New Delhi to roll out ‘Project Inclusion’—a capacity-building initiative aimed at strengthening inclusive education across India.

Key Highlights:

• Mandate under RPwD Act, 2016: Aligns with Sections 16, 17, and 47, which mandate inclusive education for children with disabilities.
• Target Beneficiaries: Builds capabilities of educators, rehabilitation professionals, school counsellors, general teachers, and other stakeholders to reinforce the inclusive education ecosystem.
• Rupantar Programme Implementation: SAS will deploy ‘Project Inclusion’ via its Rupantar mobile app and web platform, ensuring wide accessibility.
• Training & Certification: Offers structured training modules, issues e-certificates on completion, and fosters awareness of innovative inclusive teaching methods and assistive tools.
• Research & Development: SAS commits to ongoing R&D activities to continually enhance inclusive pedagogy and resources.
• Leh Inclusion Initiative: The project will extend to geographically challenging regions like Leh, under the Department’s dedicated Leh Inclusion Initiative.

CURRENT AFFAIRS: SPORTS NEWS

Harvinder Singh Wins Individual Recurve Men’s Open Gold at Asian Para-Archery Championships

• Paralympic champion Harvinder Singh secured the individual recurve men’s open gold at the Asian Para-Archery Championships in Beijing, defeating Thailand’s Hanreuchai Netsiri 7–1 in the final.
• This victory marked his first individual Asian Para-Archery gold after a six-year wait.

Key Highlights:

• Final Triumph: Harvinder beat Hanreuchai Netsiri (Thailand) 7–1 to claim the top prize in the recurve men’s open category.
• Breaking the Drought: This gold ended a six-year gap since Harvinder’s last individual continental title at the Asian Para-Archery Championships.
• Triple Medal Haul:
  • Individual Recurve Men’s Open Gold
  • Mixed Recurve Gold alongside Bhawna
  • Men’s Recurve Team Silver with Vivek Chikara
• Championship Venue: The event took place in Beijing, drawing top para-archers from across Asia.

Magnus Carlsen Clinches SuperUnited Rapid & Blitz 2025 Title in Zagreb

• World number one Magnus Carlsen won the SuperUnited Rapid and Blitz 2025 in Zagreb, securing victory with one round to spare.
• The tournament, part of the Grand Chess Tour, featured top international competitors, including India’s D Gukesh, who impressed by finishing third at just 19 years old.

Key Highlights:

• Grand Chess Tour Event: The Super United Rapid & Blitz combines two fast-time-control formats—Rapid and Blitz—and contributes points toward the season standings.
• Early Victory: Carlsen confirmed his championship by drawing with R. Praggnanandhaa in the penultimate round and then defeating Ivan Šarić in the final round.
• Winning Score: He finished with a total of 22.5 points out of 36, demonstrating consistent dominance across both formats.
• Runner-Up: Wesley So of the USA claimed second place with 20 points, closing strongly in the final nine Blitz games but falling short of Carlsen.
• Gukesh’s Breakthrough: India’s D Gukesh, the reigning World Champion, excelled in the Rapid segment, recovered in Blitz to score 4/9, and ended with 19.5 points, including a draw against Carlsen using the Berlin Defense.
• Next Stop: The Saint Louis Rapid & Blitz (Grand Chess Tour Event 4) will be held at the Saint Louis Chess Club from August 10–16, 2025, offering another opportunity for players to earn critical tour points.

RECENT NEWS

• In a spectacular display of skill and determination, Indian Grandmaster D Gukesh defeated World Chess Champion Magnus Carlsen at the prestigious Norway Chess 2025 tournament. This victory marks Gukesh’s first classical win over Carlsen, a momentous achievement for the 19-year-old prodigy and a significant milestone in his rapidly rising career.

Neeraj Chopra Clinches Inaugural Neeraj Chopra Classic with 86.18 m Throw

• Olympic and World Champion Neeraj Chopra won the first-ever Neeraj Chopra Classic 2025 at the Sree Kanteerava Stadium in Bengaluru, delivering a season-defining performance in the World Athletics Gold-level series.

Key Highlights:

• Winning Mark of 86.18 m: Chopra’s third-attempt throw of 86.18 metres sealed his victory on home soil.
• Consistent Series of Throws: Opened with 82.99 m (second attempt), followed the winning 86.18 m, recorded 84.07 m in his fifth, and 82.22 m in his final attempt despite a fourth-attempt foul.
• Podium Finishers:
  • Silver: Kenya’s Julius Yego with a season-best 84.51 m.
  • Bronze: Sri Lanka’s Rumesh Pathirage with 84.34 m.
• Event Significance: As part of the World Athletics Gold-level series, the Neeraj Chopra Classic marks a major step in promoting elite track and field competition in India and honors Chopra’s contributions to the sport.

RECENT NEWS

• India’s golden boy of athletics, Neeraj Chopra, continued his dominant form in the 2025 athletics season by winning the men’s javelin throw title at the prestigious Ostrava Golden Spike meet held in the Czech Republic on June 25, 2025.

CURRENT AFFAIRS: BOOKS AND AUTHOR

V.S. Ravi Launches ‘Confessions of a Shakespeare Addict’ in Hyderabad

• Retired IPS officer V.S. Ravi unveiled his new book “Confessions of a Shakespeare Addict” at a literary gathering in Hyderabad.
• The book is a personal narrative of his enduring passion for William Shakespeare, reflecting on the playwright’s influence across Ravi’s life and career.

Key Highlights:

• Author Background: V.S. Ravi is a retired Indian Police Service (IPS) officer and a well-known literary columnist, particularly recognized for his articles in The Hindu Sunday Magazine.
• Book Focus: The work captures Ravi’s reflections on Shakespeare’s plays and poems, with personal stories that showcase how literature shaped his worldview.
• Notable Anecdote: He recalled reciting Hamlet verses to Nobel Laureate C.F. Powell during a drive, illustrating his deep engagement with Shakespeare.
• Dignitaries Present:
  • P.S. Ramamohan Rao, former Governor of Tamil Nadu
  • S. Chakravarthy, ex-Chief Secretary of Andhra Pradesh
  • A.K. Khan, former Hyderabad Police Commissioner
  • B. Krishna Rao, former IPS officer (moderator of the event)
• Publisher: The book was published by Diwakar and launched in the presence of the author's wife, Jayanthi, and several literature enthusiasts.

CURRENT AFFAIRS: IMPORTANT DAYS

World Bioproduct Day 2025 : July 7

• World Bioproduct Day was observed globally on July 7, 2025, to raise awareness about sustainable bioproducts derived from renewable sources like plants, algae, and organic waste.
• First launched in 2021, the day aims to encourage the adoption of eco-friendly alternatives to fossil-based products and highlight their role in climate action and the circular economy.

Key Highlights:

• Definition of Bioproducts: These are products made from biological materials. They include:
  • Conventional bioproducts like wood, paper, and natural fibres.
  • Emerging bioproducts such as biofuels, bioplastics, and bio-based adhesives.
• India’s Role in the Bioeconomy:
  • The biotechnology sector is projected to cross $130 billion by 2024.
  • Biopharma: India is a global supplier of low-cost drugs, vaccines, and biosimilars.
  • Bio Agriculture: India grows Bt cotton and ranks among the top 5 countries in organic farming land. The sector is expected to reach $20 billion by 2025.
  • Bio Industrial and Bio-IT: Focus on eco-friendly manufacturing, waste management, and bioinformatics services.

Daily CA One- Liner: July 9

• The second edition of the North Eastern Region (NER) District SDG Index Report (2023–24) was released by NITI Aayog, in partnership with the Ministry of Development of North Eastern Region (MoDoNER) and with UNDP support
• The Haryana government announced its plan to develop a 10,000-acre jungle safari in the Aravalli Hills, aiming to conserve wildlife, promote eco-tourism, and create employment for local communities
• Veteran archaeologist and epigraphist V. Vedachalam was presented with the Tamil Wikki Suran Award in Madurai, Tamil Nadu, marking 51 years of service in the field of Tamil archaeology and history.
• The Department of Empowerment of Persons with Disabilities (DEPwD) under the Union Ministry of Social Justice & Empowerment has entered into an MoU with Sri Aurobindo Society (SAS) in New Delhi to roll out ‘Project Inclusion’—a capacity-building initiative aimed at strengthening inclusive education across India.
• Paralympic champion Harvinder Singh secured the individual recurve men’s open gold at the Asian Para-Archery Championships in Beijing, defeating Thailand’s Hanreuchai Netsiri 7–1 in the final
• World number one Magnus Carlsen won the SuperUnited Rapid and Blitz 2025 in Zagreb, securing victory with one round to spare
• Olympic and World Champion Neeraj Chopra won the first-ever Neeraj Chopra Classic 2025 at the Sree Kanteerava Stadium in Bengaluru, delivering a season-defining performance in the World Athletics Gold-level series
• Retired IPS officer V.S. Ravi unveiled his new book “Confessions of a Shakespeare Addict” at a literary gathering in Hyderabad.
• World Bioproduct Day was observed globally on July 7, 2025, to raise awareness about sustainable bioproducts derived from renewable sources like plants, algae, and organic waste.
• The Green Climate Fund (GCF), the world’s largest climate fund, approved $200 million for a new Asian Development Bank (ADB)-led programme to boost large-scale public and private investment in emerging clean energy sectors in India.
• Agri-fintech start-up Dvara E-Registry has launched a Micro Loan Against Property (Micro LAP) product to provide secured, asset-backed credit to small and marginal farmers and other participants in India’s agricultural value chain.
• Trinidad and Tobago became the 8th country and the first in the Caribbean to adopt Unified Payments Interface (UPI) for Indian travelers through a local partnership.
• HDFC Life, in collaboration with Society for Innovation & Entrepreneurship (SINE), IIT Bombay, has launched the ‘HDFC Life InsUReka’ innovation challenge for startups across India.
• The Reserve Bank of India (RBI) has revised the operating hours for the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF).
• The Reserve Bank of India (RBI) announced the premature redemption price for Sovereign Gold Bond (SGB) 2017–18 Series X, scheduled for June 4, 2025, fixed at ₹9,630 per unit.
• The United Arab Emirates (UAE) has launched a new Golden Visa that offers long-term residency without investment in property or BRICS.
• At the 17th BRICS Summit held in Rio de Janeiro, Brazil (July 6–7, 2025), leaders welcomed Indonesia as a full member of BRICS.
• The Women Empowerment Vertical of the BRICS Chamber of Commerce and Industry (BRICS CCI WE) has launched WE WISE – Women in Innovation, Science and Entrepreneurship to promote women’s leadership in technology, especially in Artificial Intelligence (AI).
• The International Cricket Council (ICC) has appointed Sanjog Gupta as its new Chief Executive Officer (CEO), effective July 7, 2025.
• Japan Coast Guard (JCG) Ship Itsukushima, commanded by Captain Naoki Mizoguchi, arrived at Chennai Port on July 07, 2025, as part of its Global Ocean Voyage Training.
• Tata Power-DDL, in collaboration with Japan-based Nissin Electric Co Ltd, has commissioned India’s first micro substation with Power Voltage
• Transformer (PVT) to provide low-cost and reliable power supply.
• Suriname became the first country in the Amazon region to receive malaria-free certification from the World Health Organisation (WHO) on June 30, 2025.