Daily Current Affairs 22nd July 2025 | Latest News | Download PDF

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CURRENT AFFAIRS : BANKING, FINANCE & BUSINESS

Securities and Exchange Board of India  renews recognition of Multi Commodity Exchange Clearing Corporation Limited for three years (2025–2028)

• Securities and Exchange Board of India (SEBI) has renewed the recognition of Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) as a clearing corporation for three more years (July 31, 2025 – July 30, 2028).
• The renewal is done in the interest of trade, the securities market, and the public.
• MCXCCL, a wholly-owned subsidiary of the Multi Commodity Exchange of India Limited (MCX), ensures smooth and secure clearing and settlement of commodity trades.
• On July 8, MCX received SEBI approval to launch electricity derivatives; the Electricity Future Contract became effective from July 10, 2025.
• A clearing corporation manages confirmation, settlement, and delivery of transactions for stock exchanges, ensuring transaction security and efficiency.

Recent News :

• In May 2025, SEBI mandates a minimum ticket size of ₹1 crore for securitised debt instruments (SDIs) for both RBI-regulated and unregulated originators involved in securitisation activities.

About SEBI :

• Established : 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992
• Headquarters : Mumbai, Maharashtra
• Chairman : Tuhin Kanta Pandey
• SEBI is the regulatory body for securities and commodity markets in India under the ownership of the Ministry of Finance (MoF), GoI.

Fino Payments Bank Unveils “GATI” Savings Account to Boost Accessible and Seamless Digital Banking

• Fino Payments Bank launched the “GATI” savings account aimed at promoting affordable and convenient digital banking.
• The account is designed for instant transactions immediately after opening.
• It targets rural and semi-urban customers transitioning from phygital (physical + digital) to digital platforms via UPI.
• The zero-balance account can be opened instantly for a one-time fee of Rs 100 at over 40,301 merchant points in West Bengal.
• There is a quarterly maintenance charge of Rs 50.
• The GATI account is supported by the FinoPay app and uses eKYC for easy onboarding.
• Target beneficiaries include youth, women, pensioners, and welfare beneficiaries.
• Customers get immediate UPI access and additional services like insurance and digital gold through this account.

About Fino Payments Bank:

• Founded: 2017
• Headquarters: Mumbai, Maharashtra, India
• Managing Director & CEO: Rishi Gupta

Global Finance Magazine Names State Bank of India (SBI) as World’s Best Consumer Bank for 2025

• State Bank of India (SBI) has been adjudged the World’s Best Consumer Bank for 2025 by Global Finance magazine.
• The award is based on comprehensive research and analysis, including insights from corporate finance executives, analysts, and bankers worldwide.
• The award will be presented to SBI Chairman, Shri C.S. Setty, at the World’s Best Bank event in Washington, D.C., on October 18, 2025, during the IMF/World Bank Annual Meetings.
• The World’s Best Bank awards evaluate institutions across 150+ countries and 11 global regions, based on editorial analysis and financial professional insights.
• Other notable awards include:
• World’s Best Bank – Societe Generale
• World’s Best Corporate Bank – BBVA
• World’s Best Emerging Market Bank – J.P. Morgan

About State Bank of India (SBI):

• Founded Year: 1955
• Headquarters: Mumbai, Maharashtra, India
• Chairman: Challa Sreenivasulu Setty
• Slogan: “The Banker to Every Indian”

Tesla Enters India, Chooses Liberty General and ACKO as Insurance Partners for Digital-First Coverage

• Tesla has announced its entry into India and selected Liberty General Insurance and ACKO as its preferred insurance partners to offer tailored, digital-first protection plans for Indian Tesla customers.
• Liberty General Insurance emphasized its specialized cover designed to match Tesla’s innovation.
• ACKO committed to providing a fully digital, hassle-free experience for Tesla owners.
• Zurich Kotak General Insurance launched ‘EV Protect’, an add-on under its Car Secure policy, offering premium, comprehensive coverage for Tesla and other electric vehicles.
• This initiative highlights Zurich Kotak’s focus on innovation and sustainability in India’s expanding electric vehicle (EV) market.
• MD & CEO, Zurich Kotak : Alok Agarwal
• MD & CEO, ACKO General Insurance : Animesh Das

About Liberty General Insurance :

• Founded : 2013
• Headquarters : Mumbai, Maharashtra, India
• CEO & Whole-Time Director : Parag Ved
• It is a joint venture among US property casualty insurer Liberty Mutual Insurance Group, Indian private investment fund Enam Securities, and Indian industrial conglomerate DP Jindal Group.

International Monetary Fund Report States India Emerges as Global Leader in Fast Payments

• According to the International Monetary Fund (IMF) report Growing Retail Digital Payments: The Value of Interoperability, India has emerged as the global leader in fast payments.
• Unified Payments Interface (UPI), launched in 2016 by the National Payments Corporation of India (NPCI), revolutionized how people send and receive money in India.
• UPI processes over 18 billion transactions every month in India.
• In June 2025, UPI handled payments worth over ₹24.03 lakh crore across 18.39 billion transactions.
• Compared to June 2024 with 13.88 billion transactions, this reflects a 32% growth in one year.
• UPI serves approximately 491 million individuals and 65 million merchants, connecting 675 banks on a single platform.
• UPI accounts for 85% of all digital transactions in India and powers nearly 50% of global real-time digital payments.
• It is the world’s number one real-time payment system, surpassing Visa, handling over 640 million transactions daily compared to Visa’s 639 million.
• UPI is live in 7 countries including UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, and Mauritius; Cyprus became the second European country to adopt UPI; Namibia is set to become the first African nation to adopt UPI.
• Prior to UPI, India’s digital payments were restricted to closed-loop systems, allowing transactions only within the same platform.
• The UPI ecosystem includes Payer PSP, Payee PSP, Remitter Bank, Beneficiary Bank, NPCI, bank account holders, and merchants.

CURRENT AFFAIRS: NATIONAL AND STATE NEWS

Indian Institute of Creative Technology Inaugurates First Mumbai Campus to Strengthen AVGC-XR Skill Ecosystem

• The Indian Institute of Creative Technology (IICT) launched its inaugural campus at the NFDC Complex, Mumbai, under a public–private partnership between the Ministry of Information & Broadcasting and the Maharashtra government.
• This facility is designed to prepare industry-ready professionals in Animation, Visual Effects, Gaming, Comics & Extended Reality (AVGC-XR), aligning with India’s push to become a global leader in creative technologies.

Key Highlights :

• Campus Launch: Inaugurated by Union Minister Ashwini Vaishnaw and CM Devendra Fadnavis at NFDC, Mumbai.
• Initial Cohort Size: Will train 300 students alongside working professionals and trainers.
• Global Tech Partnerships: Collaborations with Google, Meta, Microsoft, and Apple to ensure industry-aligned curricula.
• Second Campus Underway: New facility at Film City, Maharashtra, planned to integrate seamlessly with its natural setting.
• Course Portfolio: 17 specialized programs spanning animation, VFX, gaming, post-production, and XR.
• Innovation Hub MoU: Agreement between Prasar Bharati and the Maharashtra Film, Stage & Cultural Development Corporation to establish a media & film innovation centre.
• WAVES 2025 Reports: Publication of WAVES 2025 Outcome Reports and unveiling of the IICT logo marked the campus debut.

RECENT NEWS

• Maharashtra Chief Minister Devendra Fadnavis is set to inaugurate a transformative phase for Vidarbha by laying the foundation for Llyods Metals & Energy Limited’s (LMEL) first integrated steel plant in the region’s Gadchiroli district.

Indian Council of Medical Research to Commercialise Indigenous Malaria Vaccine AdFalciVax to Support Elimination Goals

• The Indian Council of Medical Research (ICMR) has issued an Expression of Interest (EoI) inviting pharmaceutical partners to transfer technology and mass- produce AdFalciVax, an indigenous recombinant multi-stage vaccine targeting Plasmodium falciparum, as part of India’s strategy to eliminate malaria by 2030.

Key Highlights :

• Vaccine Profile: AdFalciVax, developed by ICMR-RMRC Bhubaneswar, is designed to interrupt multiple stages of the Plasmodium falciparum lifecycle and curb community transmission.
• Technology Transfer: ICMR seeks collaborations through a formal EoI, offering selected manufacturers expert technical support at every stage of development and production.
• Development Roadmap: A 7-year timeline divided into 4 stages, each with a built-in 6-month buffer, ensures structured progress and accommodates unforeseen delays.
• Public Health Impact: Commercialising an indigenous vaccine enhances affordability and accessibility in high-burden and tribal regions, reinforcing India’s commitment to malaria elimination by 2030.

India Targets 10% Tourism Share of GDP by 2047 to Achieve $32 Trillion Economy

• The Government of India has set an ambitious goal to raise tourism’s contribution from about 5–6% to 10% of GDP by 2047, leveraging its cultural heritage, natural diversity, and emerging medical tourism sector as engines of economic growth and job creation.

Key Highlights :

• Global Positioning: India ranks 14th globally in tourism receipts, accounting for 1.8% of world revenue, and the sector is projected to grow at a 24% CAGR.
• As a labour-intensive industry, tourism can generate substantial rural and semi-urban jobs, reducing regional disparities.
• Focus areas include spiritual, adventure, beach, cultural, wildlife, and medical tourism under the “Heal in India” initiative.
• Emphasis on eco-friendly practices, heritage preservation, and upgrading transport and facilities at key destinations.
• Flagship Schemes:
  • Destination Challenge: Infrastructure upgrades at 50 top sites.
  • Swadesh Darshan & PRASHAD: Themed circuit development and pilgrimage-site enhancements.
  • Visa Reforms: Expanded e-Visa and fee waivers to boost international arrivals.
• Skill and Service Quality: Atithi Devo Bhava training for hospitality staff to standardize service excellence.
• Financial & Incentive Measures: MUDRA loans for homestays and performance-based incentives to states to foster inclusive growth.

Prime Minister Narendra Modi Launches ₹15,000 Incentive Scheme to Promote First-Time Private Sector Employment in Bihar

• Prime Minister Narendra Modi unveiled a new employment scheme during a rally in Motihari, Bihar, offering a ₹15,000 incentive to first-time private sector employees.
• The initiative is part of a broader effort to curb unemployment and boost youth participation in formal jobs, especially in eastern states like Bihar.

Key Highlights:

• Scheme Objective: The scheme aims to promote youth employment in the private sector and reduce joblessness and migration by offering direct financial assistance.
• Monetary Benefit: An incentive of ₹15,000 will be given to individuals joining private jobs for the first time.

Launch and Implementation:

• Effective Date: The scheme will be implemented from August 1, 2025.
• Budget Allocation: A total of ₹1 lakh crore has been allocated for the scheme’s rollout and coverage.
• Regional Focus: Targeted at states like Bihar, which face high unemployment and outward migration, the scheme encourages local job retention.
• Development Context: The announcement coincided with PM Modi’s inauguration of development projects worth ₹7,200 crore in East Champaran and the flagging off of four Amrit Bharat trains, underlining the dual thrust on infrastructure and employment generation.

CURRENT AFFAIRS : INTERNATIONAL NEWS

United Kingdom Government Proposes Lowering Voting Age to 16 and Strengthening Donation Regulations

• The United Kingdom (U.K) Labour government announced plans to reduce the voting age from 18 to 16, the biggest change since 1969 when it was reduced from 21 to 18.
• The proposal aligns national election voting age with that of Welsh and Scottish legislatures and local elections in those regions.
• The policy paper also proposes tightening rules on political donations, including barring ‘shell companies’ from making donations unless they generate sufficient U.K. or Ireland income.
• Eligible Irish companies will be allowed to donate towards Northern Ireland elections.
• The proposals aim to address concerns about foreign election interference through donations.
• The Electoral Commission estimates that 7-8 million eligible voters are not registered; under the new proposal, voter registration will begin at age 14.
• The plan promotes automatic voter registration, already adopted in several countries.
• Introduction of K. bank-issued cards, digital veteran cards, and digital driving licenses as valid voter ID options is proposed.
• The 2023 Conservative government had introduced stricter voter ID laws to combat voter fraud, which faced criticism for possibly affecting election outcomes.
• The voting age reduction and registration reforms are expected to benefit the Labour Party, as younger voters tend to favor centre-left and left parties.
• In the 2024 elections, Labour received 41% of votes from 18-24-year-olds, compared to only 20% in the 70+ age group.
• Labour leader Keir Starmer’s popularity has declined since the July 2024 landslide victory.

About United Kingdom :

• Prime minister: Keir Starmer
• Capital: London
• Currency : Pound sterling

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Yulia Svyrydenko, appointed as Ukraine’s 19th Prime Minister and first new PM in five years

• Yulia Svyrydenko, aged 39, has been appointed as Ukraine’s Prime Minister, becoming the 19th Prime Minister (PM) and the first new PM in five years.
• Her appointment is part of President Volodymyr Zelenskiy’s major cabinet overhaul aimed at improving wartime management.
• Svyrydenko has been assigned to boost domestic weapons production and revive Ukraine’s loan-dependent economy.
• She previously served as First Deputy Prime Minister since 2021 and is recognized as an experienced technocrat.
• She has pledged to act “swiftly and decisively” in her new role.
• The outgoing PM, Denys Shmyhal, is expected to become the Defence Minister following his nomination by Zelenskiy.

About Ukraine :

• Capital: Kyiv
• President: Volodymyr Zelenskyy
• Currency: Ukrainian hryvnia

CURRENT AFFAIRS : APPS & PORTALS

Elon Musk Unveils Baby Grok: A Child-Safe, Educational Version of xAI’s Chatbot

• Elon Musk, CEO of xAI, announced Baby Grok, a kid-friendly version of the Grok AI chatbot, designed for safe and educational interactions with children.
• Baby Grok will contain only kid-friendly content, addressing concerns about the original Grok chatbot being too sexualised and giving foul-mouthed replies.
• Grok AI, launched in 2023 by xAI, is Musk’s response to other AI chatbots like OpenAI’s ChatGPT, Meta’s Llama, and Google’s Gemini.
• Grok 4, the latest version, was recently released and is claimed by Musk to be one of the most advanced chatbots, capable of solving almost any query.
• Grok 4 performs better than PhD level in academic questions across all subjects but noted it lacks common sense and has not yet invented new technologies or discovered new physics.
• Grok currently offers three modes: DeepSearch, Think, and Big Mind, allowing users to choose the depth of answers for their queries.
• The development of Baby Grok is likely in response to concerns over the impact of the original Grok chatbot’s language on children users.

CURRENT AFFAIRS: SPORTS NEWS

Murali Sreeshankar Clinches Victory at Meeting Maia Cidade do Desporto 2025

• Murali Sreeshankar marked his return to international competition by winning the men’s long jump at the World Athletics Continental Tour Bronze–level meet in Maia, Portugal, with a best leap of 75m, edging out Poland’s Piotr Tarkowski on countback.

Key Highlights :

• First international meet since 2023 following a serious knee injury and surgery, underscoring his successful comeback.
• Registered a best jump of 7.75m on his second attempt to top the field.
• Secured victory over Piotr Tarkowski—also at 7.75m—using a superior second-best jump of 7.69m.
• This was his second competition post-injury, after an 8.05m winning leap at the Indian Open Athletics Meet 2025 in Pune.
• Earlier achievements include an 8.37m Olympic-qualifying jump at the 2023 Asian Athletics Championships and a silver medal at the Asian Games 2023.

England and Wales Cricket Board Awarded Hosting Rights for World Test Championship Finals 2027, 2029, and 2031

• The International Cricket Council (ICC) has granted the England and Wales Cricket Board (ECB) the rights to host the next three World Test Championship Finals in 2027, 2029, and 2031, as announced at the ICC Annual Conference 2025 in Singapore.
• Building on successful staging of the 2021 Final at The Rose Bowl, the 2023 Final at The Oval, and the 2025 Final at Lord’s, this move underscores England’s world-class infrastructure and commitment to elevating Test cricket.

Key Highlights :

• Awarded Hosting Rights: ECB to host WTC Finals in 2027, 2029, and 2031.
• ICC Conference Announcement: Decision made at the ICC Annual Conference 2025 in Singapore.
• Proven Track Record: England successfully managed the 2021, 2023, and 2025 Finals, showcasing its organizational expertise.
• Strategic Objectives: Ensures long-term stability in hosting, promotes traditional Test cricket, and leverages favorable broadcast time zones.
• Iconic Venues: Likely finals venues include Lord’s, The Oval, and Edgbaston.
• Match Format: One-off Final Test match after each two-year league cycle.
• Global Hub Status: Reinforces England’s role as a premier destination for top-tier cricket, boosting fan engagement and broadcast planning.
• Additional ICC Resolutions: Conference also addressed the Afghanistan women’s programme, USA Cricket’s status, and the induction of two new ICC members.

Arjun & Ishaan Dominate Opening Round of 2025 MRF National Racing Championship at Kari Motor Speedway

• The MRF MMSC FMSCI Indian National Car Racing Championship 2025 kicked off at Kari Motor Speedway, Coimbatore, featuring top categories—MRF F2000, Formula 1600, Formula LGB 1300, Indian Touring Cars, Indian Junior Touring Cars, Super Stock, and the Volkswagen Polo Cup—and showcasing the rise of teenage talent alongside seasoned competitors.

Key Highlights :

• Dual Winners in MRF F2000: Sixteen-year-olds Arjun Chheda (Race-1) and Ishaan Madesh (Race-2) split victories, signaling Gen-Z prowess in premier formula racing.
• MRF Formula 1600 Split: Bengaluru’s Arjun Nair (20) and Nigel Abraham Thomas (19) each claimed a race win, underlining the city’s youth driver development.
• Formula LGB 1300 Sweep: Fifteen-year-old Bhuvan Bonu won both Open and Junior classes, emerging as a standout prospect.
• Touring Cars Upset: Biren Pithawalla (Mumbai) halted Arjun Balu’s hat-trick bid by winning Race-3 after Balu faced mechanical issues.
• Junior Touring Cars Clean Slate: Rithwik Thomas (Bengaluru) swept all three races, demonstrating consistent dominance.
• Super Stock Class Victories: Sri Lanka’s Kesara Godage won two races, while Krishanu Dutta Bhuyan (Guwahati) secured one, reflecting the series’ regional diversity.
• Volkswagen Polo Cup Wins: Aman Nagdev (Noida) and Aditya Patnaik (Mumbai) shared victories; Pratik Sonawane stayed on the podium in every race.
• Championship Framework: Organized by the Madras Motor Sports Club under FMSCI, the series provides a national platform for both amateur and professional racers.

India Achieves 7th Rank at the 66th International Mathematical Olympiad 2025

• The Indian team secured 7th place among 110 countries at the 66th IMO in Sunshine Coast, Australia, by winning three gold, two silver, and one bronze medals and setting a national record score of 193/252, underscoring the effectiveness of its Olympiad training system.

Key Highlights :

• Event & Participation: The 66th IMO was held in Sunshine Coast, featuring 110 nations and challenging students with six advanced problems over two days.
• Medal Tally & Record: India’s six-member team earned 3 gold, 2 silver, and 1 bronze, achieving a historic score of 193 out of 252.
• Team Composition: Gold medallists were Kanav Talwar, Aarav Gupta, and Adhitya Mangudy; silver went to Abel George Mathew and Aadish Jain; Archit Manas claimed bronze.
• Historical Milestones: This is India’s second time winning three golds (first in 1998) and its third 7th-place finish (also in 1998 and 2001), following a best-ever 4th rank with four golds in 2024.
• Selection & Training: Managed by the Homi Bhabha Centre for Science Education (HBCSE) under TIFR, the process includes PRMO, RMO, INMO, and intensive training camps.
• Performance Trend: Between 2019 and 2025, Indian students have secured 12 gold medals, 9 of them in the last three years, reflecting significant improvements in mathematics education and specialized Olympiad coaching.

Japan Open 2025: Shi Yuqi Clinches Men’s Singles; An Se-young Dominates Women’s Draw

• The Japan Badminton Open 2025 in Tokyo witnessed Shi Yuqi overturn defending champion Alex Lanier and An Se-young secure her sixth BWF title of the year, underscoring Asia’s badminton supremacy.

Key Highlights :

• Men’s Singles Final: Shi Yuqi turned the tide from 17–17 to beat Alex Lanier 21–17, 21–15, avenging the previous year’s result.
• Women’s Singles Champion: An Se-young defeated Wang Zhiyi 21–12, 21–10 in 42 minutes, marking her sixth title out of seven tournaments in 2025.
• China’s Overall Medal Tally: Chinese shuttlers captured four gold medals, including women’s doubles (Liu Shengshu/Tan Ning) and mixed doubles (Jiang Zhenbang/Wei Yaxin).
• Men’s Doubles Victory: South Korea’s Kim Won-ho and Seo Seung-jae triumphed over Malaysia’s Goh Sze Fei/Nur Izzuddin, highlighting regional depth.
• Tournament Status: Part of the BWF World Tour Super 750, the event attracted the world’s top-ranked players across all five disciplines.
• Asian Dominance: Finals featured athletes from China, South Korea, and Malaysia, reaffirming continental strength in international badminton.

CURRENT AFFAIRS : OBITUARIES

Filmmaker Chandra Barot, director of Amitabh Bachchan’s Don, passed away

• Veteran filmmaker Chandra Barot passed away on July 20, 2025 due to cardiac arrest in Mumbai at the age of 86.
• Before directing, he worked as an assistant director to Manoj Kumar on films like Purab Aur Pachhim, Roti Kapada Aur Makaan, Yaadgaar, and Shor.
• Chandra Barot made his directorial debut with the iconic film Don (1978), starring Amitabh Bachchan in a double role (mafioso and simpleton).
• Don became a blockbuster with its racy music, iconic dialogues, and pulsating action.
• Besides Don, Barot directed a Bengali film, Aashrita (1989).
• Don remains one of the most celebrated films of his career, despite facing some challenges during its production and release.

D-Day Hero and TikTok Icon “Papa Jake” Larson Passed Away

• D-Day veteran “Papa Jake” Larson, who survived German gunfire on Normandy’s Omaha Beach in 1944, died at the age of 102.
• Larson gained 1.2 million followers on TikTok late in life by sharing World War II stories to commemorate fallen comrades.
• Known for his quick smile, jokes, and hugs, he was celebrated as a true American hero by many, including U.S. lawmaker Mike Thompson.
• Born on December 20, 1922, in Owatonna, Minnesota, Larson enlisted in the National Guard in 1938 at age 15 by lying about his age.
• He participated in several Allied campaigns before the D-Day invasion on June 6, 1944, surviving machine-gun fire at Omaha Beach and climbing the Normandy bluffs.
• Larson fought in the Battle of the Bulge, a critical WWII battle in Belgium and Luxembourg, earning the Bronze Star and French Legion of Honor.
• In recent years, Larson made annual trips to Normandy for D-Day commemorations, where he was greeted warmly and shared his stories and hugs.
• His TikTok posts and public talks emphasized the horrors of war and carried a strong message to world leaders: “Make peace not war.“
• Larson often called himself the “luckiest man in the world” and expressed amazement at his TikTok fame, referring to himself as a “legend.”
• In 2022, he was honored by Normandy groups and museums dedicated to preserving the memory of D-Day heroes.

CURRENT AFFAIRS: IMPORTANT DAYS

World Brain Day 2025: July 22

• Every year on July 22nd World Brain Day is celebrated by people worldwide to prevent brain disabilities and treat and rehabilitate them.
• World Brain Day 2025 awareness can reduce the disability associated with brain disorders.
• The World Brain Day 2025 theme is “Brain Health for All Ages”.

History

• World Brain Day 2025 was discovered by the World Federation of Neurology for the first time.
• The World Federation of Neurology (WFN) was founded on July 22, 1957 in Belgium.
• This World Federation of Neurology is now one of the leading promoters of brain health and neurology research worldwide.
• The idea of observing the 22nd of July as “World Brain Day” originated from a proposal put forth by the Public Awareness and Advocacy Committee.
• This World Brain Day proposal was presented during the World Congress of Neurology (WCN) Council of Delegates meeting on September 22, 2013, and it received a warm and enthusiastic response from the delegates.
• Following this enthusiastic response, the Board of Trustees gave the idea its blessing at their meeting in February 2014, making it an annual celebration that would take place on the same day every year.

Daily CA One- Liner: July 22

• The Indian Institute of Creative Technology (IICT) launched its inaugural campus at the NFDC Complex, Mumbai, under a public–private partnership between the Ministry of Information & Broadcasting and the Maharashtra government.
• The Indian Council of Medical Research (ICMR) has issued an Expression of Interest (EoI) inviting pharmaceutical partners to transfer technology and mass- produce AdFalciVax, an indigenous recombinant multi-stage vaccine targeting Plasmodium falciparum, as part of India’s strategy to eliminate malaria by 2030.
• The Government of India has set an ambitious goal to raise tourism’s contribution from about 5–6% to 10% of GDP by 2047, leveraging its cultural heritage, natural diversity, and emerging medical tourism sector as engines of economic growth and job creation.
• Prime Minister Narendra Modi unveiled a new employment scheme during a rally in Motihari, Bihar, offering a ₹15,000 incentive to first-time private sector employees
• Murali Sreeshankar marked his return to international competition by winning the men’s long jump at the World Athletics Continental Tour Bronze–level meet in Maia, Portugal, with a best leap of 75m, edging out Poland’s Piotr Tarkowski on countback.
• The International Cricket Council (ICC) has granted the England and Wales Cricket Board (ECB) the rights to host the next three World Test Championship Finals in 2027, 2029, and 2031, as announced at the ICC Annual Conference 2025 in Singapore
• The MRF MMSC FMSCI Indian National Car Racing Championship 2025 kicked off at Kari Motor Speedway, Coimbatore, featuring top categories—MRF F2000, Formula 1600, Formula LGB 1300, Indian Touring Cars, Indian Junior Touring Cars, Super Stock, and the Volkswagen Polo Cup—and showcasing the rise of teenage talent alongside seasoned competitors
• The Indian team secured 7th place among 110 countries at the 66th IMO in Sunshine Coast, Australia, by winning three gold, two silver, and one bronze medals and setting a national record score of 193/252, underscoring the effectiveness of its Olympiad training system
• The Japan Badminton Open 2025 in Tokyo witnessed Shi Yuqi overturn defending champion Alex Lanier and An Se-young secure her sixth BWF title of the year, underscoring Asia’s badminton supremacy
• Every year on July 22nd World Brain Day is celebrated by people worldwide to prevent brain disabilities and treat and rehabilitate them.
• Securities and Exchange Board of India (SEBI) has renewed the recognition of Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) as a clearing corporation for three more years (July 31, 2025 – July 30, 2028).
• Fino Payments Bank launched the “GATI” savings account aimed at promoting affordable and convenient digital banking.
• State Bank of India (SBI) has been adjudged the World’s Best Consumer Bank for 2025 by Global Finance magazine.
• Tesla has announced its entry into India and selected Liberty General Insurance and ACKO as its preferred insurance partners to offer tailored, digital-first protection plans for Indian Tesla customers.
• According to the International Monetary Fund (IMF) report Growing Retail Digital Payments: The Value of Interoperability, India has emerged as the global leader in fast payments.
• The United Kingdom (U.K) Labour government announced plans to reduce the voting age from 18 to 16, the biggest change since 1969 when it was reduced from 21 to 18.
• Yulia Svyrydenko, aged 39, has been appointed as Ukraine’s Prime Minister, becoming the 19th Prime Minister (PM) and the first new PM in five years.
• Elon Musk, CEO of xAI, announced Baby Grok, a kid-friendly version of the Grok AI chatbot, designed for safe and educational interactions with children.
• Veteran filmmaker Chandra Barot passed away on July 20, 2025 due to cardiac arrest in Mumbai at the age of 86.
• D-Day veteran “Papa Jake” Larson, who survived German gunfire on Normandy’s Omaha Beach in 1944, died at the age of 102.