Daily Current Affairs 25 July 2026: Important GK Updates for UPSC, SSC, Banking & Railways Exams
This article covers the complete Daily Current Affairs of 25 July 2026, including the revised Index of Core Industries with base year 2022-23, the 16th BRICS Health Ministers' Meeting, DRDO's maiden Kusha missile test, India's first bank-led Quantum Finance Hub, and the indigenous 350 kg thrust-class expendable turbojet engine. It also includes exam-ready one-liners, quick-fact cards and FAQs for UPSC, SSC, Banking, Insurance, Railways, Defence and State PSC examinations.
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Introduction to Current Affairs 25 July 2026
The Current Affairs of 25 July 2026 are led by the revised Index of Core Industries, the adoption of the BRICS Health Ministerial Declaration, the maiden flight-test of the Kusha long-range air-defence missile, and the establishment of India's first bank-led Quantum Finance Hub. These developments are important for questions related to the economy, international groupings, defence technology, banking innovation and government institutions.
This consolidated update explains the most important developments through exam-focused cards and covers smaller news items through quick-revision one-liners. Aspirants can follow the daily current affairs section regularly to connect current developments with static GK for UPSC, SSC, Banking, Railways, Insurance, Defence and State PSC examinations.
National Current Affairs
India Hosts 16th BRICS Health Ministers' Meeting in Chandigarh
Why in News: The 16th BRICS Health Ministers' Meeting concluded in Chandigarh under India's BRICS Chairship 2026. The member countries unanimously adopted the Health Ministerial Declaration to strengthen resilient health systems, digital health cooperation, pandemic preparedness, mental wellness and Universal Health Coverage.
Quick Facts
- Venue: Chandigarh, India.
- Theme: "Building for Resilience, Innovation, Cooperation and Sustainability".
- Chairship: India held the BRICS Chairship in 2026.
- BRICS began as BRIC in 2006; South Africa joined in 2010.
- Union Health Minister: Jagat Prakash Nadda.
Key Highlights
- The meeting unanimously adopted the BRICS Health Ministerial Declaration.
- It released the BRICS Good Practices White Paper and Compendium on Digital Health Architecture.
- The BRICS Mission for Healthy Lifestyle and its 2026-2029 roadmap were launched.
- A BRICS Network of Centres of Excellence on Mental Wellness was announced.
- Working groups were established for traditional medicine and an integrated early-warning system.
DPIIT Revises Index of Core Industries Base Year to 2022-23
Why in News: The Office of Economic Adviser under DPIIT released a revised series of the Index of Core Industries (ICI) with 2022-23 as the new base year. Iron ore was added to the index, increasing the number of core industries from eight to nine.
Quick Facts
- New base year: 2022-23; previous base year: 2011-12.
- Number of core industries: Nine.
- Newly included industry: Iron Ore.
- Releasing agency: Office of Economic Adviser, DPIIT.
- Nodal ministry: Ministry of Commerce and Industry.
Key Highlights
- June 2026 core-sector output recorded 5% year-on-year growth.
- Q1 FY 2026-27 growth was estimated at 3.6%.
- Iron ore recorded the highest annual growth at 43.9%.
- Electricity and cement each grew by 9.8%.
- Natural gas, refinery products, crude oil and fertilisers recorded negative growth.
NRDC and NCISM Partner to Commercialise Traditional Medicine Research
Why in News: The National Research Development Corporation and National Commission for Indian System of Medicine signed an MoU to promote intellectual-property protection, technology transfer and commercialisation of research in Ayurveda, Unani, Siddha and Sowa-Rigpa systems.
Quick Facts
- NRDC is an enterprise under the Department of Scientific and Industrial Research.
- NCISM is a statutory body under the Ministry of AYUSH.
- NCISM regulates Ayurveda, Unani, Siddha and Sowa-Rigpa education and practice.
- The MoU was exchanged by Amit Rastogi and Dr Maneesha Kothekar.
Key Highlights
- The partnership seeks to bridge the gap between traditional-medicine research and the market.
- NRDC will assist with patents, trademarks, incubation and industry collaborations.
- NCISM will facilitate access to regulated institutions and registered practitioners.
- Ideathons, hackathons and technology showcases will promote entrepreneurship.
Raghu Vamsi Aerospace Announces Rs 600 Crore Superalloy Facility
Why in News: Raghu Vamsi Aerospace Group announced an investment of over Rs 600 crore to establish an integrated nickel-based superalloy manufacturing facility near Hyderabad, Telangana. The announcement was made at the Farnborough International Airshow 2026.
Quick Facts
- Investment: More than Rs 600 crore.
- Location: Near Hyderabad, Telangana.
- Facility area: 50 acres.
- Annual capacity: 5,000 tonnes.
- Expected commercial production: January 2028.
Key Highlights
- The project will manufacture nickel-based superalloys, forgings, wires, castings and specialised powders.
- It will support aero engines, defence platforms, space systems and gas turbines.
- The project will be led by former MIDHANI CMD Dr S. K. Jha.
- It aims to reduce import dependence in strategically important high-performance materials.
International Current Affairs
India Calls for Development-Oriented Reforms at WTO Trade Policy Review
Why in News: India advocated a transparent, non-discriminatory and rules-based trading system during its 8th Trade Policy Review at the World Trade Organization. It sought stronger safeguards for developing countries, a permanent food-security solution and restoration of the WTO's two-tier dispute-settlement mechanism.
Quick Facts
- WTO established: 1 January 1995.
- Founding agreement: Marrakesh Agreement.
- Headquarters: Geneva, Switzerland.
- Director-General: Ngozi Okonjo-Iweala.
- Trade Policy Review Mechanism examines members' trade policies and practices.
Key Highlights
- India supported Special and Differential Treatment for developing countries.
- It sought a permanent solution on public stockholding for food security.
- India called for fisheries rules that protect small-scale and artisanal fisherfolk.
- It urged restoration of a fully functioning two-tier WTO dispute-settlement system.
India Sends 4.5 Tonnes of Medical Assistance to Kenya
Why in News: India handed over 4.5 tonnes of medical supplies and personal protective equipment to Kenya to strengthen preparedness against Ebola and other infectious-disease outbreaks. The assistance was delivered under India's Humanitarian Assistance and Disaster Relief framework.
Quick Facts
- Quantity: 4.5 tonnes of medical assistance.
- Recipient country: Kenya.
- Capital of Kenya: Nairobi.
- Currency: Kenyan Shilling.
- Indian coordinating ministry: Ministry of External Affairs.
Key Highlights
- The consignment included PPE, fluid-management kits and infection-prevention supplies.
- It was handed over through the Indian High Commission in Nairobi.
- The assistance supports Kenya's preparedness against viral haemorrhagic diseases.
- It complements India's health cooperation with African institutions, including Africa CDC.
Economy & Banking
PNB and Andhra Pradesh Establish India's First Bank-Led Quantum Finance Hub
Why in News: Punjab National Bank and the Government of Andhra Pradesh signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. It is described as India's first bank-led dedicated quantum-finance facility.
Quick Facts
- Location: Amaravati Quantum Valley, Andhra Pradesh.
- Participating bank: Punjab National Bank.
- PNB established: 19 May 1894.
- PNB commenced operations: 12 April 1895.
- PNB headquarters: Dwarka, New Delhi.
Key Highlights
- The hub will develop quantum-computing and AI applications for financial services.
- Focus areas include cybersecurity, secure transactions and intelligent banking systems.
- It will bring together banks, universities, startups and research institutions.
- The facility will support research, startup incubation and specialised skill development.
EbixCash Secures Perpetual RBI AD Category-II Licence
Why in News: EbixCash World Money became the first non-bank entity in India to receive a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India, enabling it to undertake specified foreign-exchange and cross-border remittance activities.
Quick Facts
- Regulator: Reserve Bank of India.
- Licence category: Authorised Dealer Category-II.
- Legal framework: Foreign Exchange Management Act, 1999.
- RBI established: 1 April 1935.
- RBI headquarters: Mumbai, Maharashtra.
Key Highlights
- The perpetual licence removes the need for periodic renewal of the authorisation.
- EbixCash can facilitate eligible family and trade-related remittances.
- The approval can provide MSMEs with an alternative channel for outward trade payments.
- Transactions will continue to be governed by FEMA and RBI directions.
SEBI Approves Carnelian Asset Management's Mutual Fund Business
Why in News: The Securities and Exchange Board of India approved Carnelian Asset Management & Advisors to launch a mutual-fund business, allowing it to offer equity, debt and hybrid schemes to a wider retail investor base.
Quick Facts
- Company: Carnelian Asset Management & Advisors Private Limited.
- Founded: 2019.
- Headquarters: Mumbai, Maharashtra.
- Founders include Vikas Khemani, Manoj Bahety and Swati Khemani.
- Market regulator: SEBI.
Key Highlights
- Carnelian plans active and passive equity, debt and hybrid mutual-fund schemes.
- It currently operates across PMS, alternative investment funds and offshore strategies.
- The company managed more than Rs 18,300 crore as of 30 June 2026.
- It plans to expand mutual-fund penetration in Tier-II, Tier-III and rural markets.
Sona Comstar and DENSO Form Two Electric Powertrain Joint Ventures
Why in News: India's Sona Comstar and Japan's DENSO Corporation signed agreements to establish two joint ventures for developing and manufacturing electric and hybrid powertrain systems for passenger vehicles, two-wheelers and three-wheelers.
Quick Facts
- Sona Comstar headquarters: Gurugram, Haryana.
- DENSO is a Japan-based automotive technology company.
- First JV shareholding: DENSO 51%, Sona Comstar 49%.
- Second JV shareholding: Sona Comstar 51%, DENSO 49%.
Key Highlights
- The first JV will produce high-voltage liquid-cooled traction systems.
- The second will manufacture air-cooled inverters, motors and generators.
- The partnership combines DENSO's R&D capabilities with Sona Comstar's manufacturing base.
- It will support India's transition towards electric and hybrid mobility.
Reports & Indices
Revised Core Industries Index Records 5% Growth in June 2026
Why in News: Provisional data released with the revised Index of Core Industries showed that combined output of the nine core sectors increased by 5% in June 2026, compared with growth of 3.2% in May 2026.
Quick Facts
- Reporting period: June 2026.
- Overall year-on-year growth: 5%.
- Q1 FY 2026-27 growth: 3.6%.
- Highest-growing sector: Iron ore at 43.9%.
Key Highlights
- Steel production grew by 4.6% and coal output by 1.4%.
- Electricity and cement each expanded by 9.8%.
- Natural-gas production contracted by 7.4%.
- The revised series is intended to reflect structural changes in industrial production.
Science & Technology
NIELIT and SCL Make Indigenous 1.2 Micrometre PDK Available on eChipHub
Why in News: NIELIT and the Semi-Conductor Laboratory, Mohali signed an MoU to integrate India's indigenous 1.2 micrometre Process Design Kit with the eChipHub platform, creating an accessible design-to-fabrication learning pathway for semiconductor students and innovators.
Quick Facts
- Technology: 1.2 micrometre Process Design Kit.
- Developed by: Semi-Conductor Laboratory, Mohali.
- Platform: eChipHub.
- Implementing organisation: NIELIT.
- Nodal ministry: Ministry of Electronics and Information Technology.
Key Highlights
- The kit supports integrated-circuit design and prototype development.
- Access will be provided through a secure Aadhaar-authenticated download system.
- Beneficiaries include students, faculty, researchers, startups and MSMEs.
- The initiative supports the India Semiconductor Mission and domestic chip-design capacity.
Microsoft and IIT Delhi Launch UNNATI AI 2.0
Why in News: Microsoft India and the Foundation for Innovation and Technology Transfer at IIT Delhi launched UNNATI AI 2.0 to expand AI skilling, startup support and technology commercialisation in Tier-II and Tier-III cities.
Quick Facts
- Full form: Unnati se Pragati.
- Partners: Microsoft India and FITT, IIT Delhi.
- FITT established: 1992.
- Focus: AI skills, startup incubation and commercialisation.
Key Highlights
- The first edition supported 10 startups and trained more than 1,000 developers.
- Participating ventures achieved a reported portfolio valuation of Rs 1,690 crore.
- The programme created more than 200 technology jobs.
- UNNATI AI 2.0 will support solutions in healthcare, education, agriculture and sustainability.
VTU and Google Partner to Strengthen AI Skills
Why in News: Visvesvaraya Technological University and Google signed an academic agreement to provide students and faculty with AI, digital-learning and industry-oriented skill modules, while improving employability and campus-placement readiness.
Quick Facts
- University: Visvesvaraya Technological University.
- Location: Karnataka.
- Technology partner: Google.
- Student access fee mentioned in the programme: Rs 350.
- Associated programme: Skilling, Employability and Entrepreneurship Learning.
Key Highlights
- Google's AI tools, certifications and learning material will be integrated into the academic ecosystem.
- Qualcomm-linked support will cover AI, IoT, embedded systems and product prototyping.
- A Centre of Excellence in Edge AI is planned.
- VTU will also introduce project-based and entrepreneurship-oriented learning programmes.
Environment
NABARD and MAHAPREIT Partner for Green Rural Infrastructure
Why in News: NABARD and MAHAPREIT signed an MoU to finance climate-resilient rural infrastructure and clean-energy projects in Maharashtra, including solar cold storage, decarbonisation of public buildings and bioenergy generation from agricultural residue.
Quick Facts
- NABARD established: 12 July 1982.
- Governing law: NABARD Act, 1981.
- NABARD headquarters: Mumbai, Maharashtra.
- MAHAPREIT is a Maharashtra government public-sector enterprise.
- Target region: Rural Maharashtra.
Key Highlights
- Projects will decarbonise government buildings and Gram Panchayat institutions.
- Clean-energy systems are planned for hospitals and technical-education institutions.
- Solar-powered micro cold-storage units will support village-level bodies.
- Biogas and bioenergy projects will use crop residue and biomass.
- The circular-economy model can create supplementary income for farmers.
Defence
DRDO Conducts Maiden Flight-Test of Kusha Long-Range Missile
Why in News: The Defence Research and Development Organisation successfully conducted the maiden flight-test of the Kusha Long-Range Surface-to-Air Missile, advancing India's indigenous capability to intercept hostile aircraft, cruise missiles and other aerial threats at extended ranges.
Quick Facts
- System: Kusha Long-Range Surface-to-Air Missile.
- Developing organisation: DRDO.
- Programme type: Indigenous long-range air-defence system.
- Primary role: Detection, tracking and interception of aerial threats.
Key Highlights
- The test validated key propulsion, guidance, control and interception technologies.
- Kusha is intended to strengthen India's layered air-defence architecture.
- Potential targets include aircraft, unmanned systems and cruise missiles.
- The programme supports self-reliance in advanced air-defence weapons.
Azad Engineering Delivers Indigenous 350 kg Thrust Turbojet Engine
Why in News: Azad Engineering delivered India's first indigenous 350 kg thrust-class expendable turbojet engine to DRDO's Gas Turbine Research Establishment, marking an important milestone in domestic propulsion technology for missiles and unmanned platforms.
Quick Facts
- Thrust class: 350 kg.
- Recipient: Gas Turbine Research Establishment.
- Design organisation: DRDO.
- Manufacturing partner: Azad Engineering.
- Development period: Approximately 24 months.
Key Highlights
- The engine uses advanced precision engineering, metallurgy and superalloy technologies.
- It was converted from a DRDO design into a flight-ready propulsion system.
- Expendable engines are designed for single-use or limited-use missile applications.
- The achievement reduces dependence on imported compact propulsion systems.
India Completes First Tri-Service All-Women Circumnavigation Expedition
Why in News: Defence Minister Rajnath Singh flagged in Samudra Pradakshina, the first tri-service all-women global circumnavigation sailing expedition, after nine officers completed a 314-day voyage aboard the Indian Army Sailing Vessel Triveni.
Quick Facts
- Vessel: Indian Army Sailing Vessel Triveni.
- Crew: Nine women officers from the Army, Navy and Air Force.
- Duration: 314 days.
- Distance: Nearly 25,500 nautical miles.
- Original flag-off: 11 September 2025, Mumbai.
Key Highlights
- The crew crossed all meridians, the Equator twice and the International Date Line.
- It rounded Cape Leeuwin, Cape Horn and the Cape of Good Hope.
- The expedition crossed the difficult Drake Passage.
- It symbolises Nari Shakti, maritime endurance and tri-service integration.
Appointments & Resignations
Viswanathan Anand Takes Charge as Interim FIDE President
Why in News: Indian chess legend Viswanathan Anand took charge as Interim President of the International Chess Federation after President Arkady Dvorkovich temporarily stepped aside. Anand had served as FIDE Deputy President since 2022.
Quick Facts
- India's first Grandmaster: 1988.
- World Chess Champion: Five times.
- FIDE founded: 20 July 1924.
- FIDE headquarters: Lausanne, Switzerland.
- Anand became FIDE Deputy President in 2022.
Key Highlights
- Anand became the first Indian chess grandmaster to lead FIDE.
- He won world titles in 2000, 2007, 2008, 2010 and 2012.
- He was the first recipient of the Rajiv Gandhi Khel Ratna Award.
- He received the Padma Vibhushan in 2007.
Naresh Pal Gangwar Appointed Higher Education Secretary
Why in News: The Appointments Committee of the Cabinet appointed Naresh Pal Gangwar, a 1994-batch Rajasthan-cadre IAS officer, as Secretary of the Department of Higher Education under the Ministry of Education.
Quick Facts
- Officer: Naresh Pal Gangwar.
- Service: IAS, 1994 batch.
- Cadre: Rajasthan.
- Department: Department of Higher Education.
- Ministry: Ministry of Education.
Key Highlights
- Gangwar succeeded Vineet Joshi.
- Vineet Joshi was transferred to the Department of Panchayati Raj.
- Gangwar previously served in the Department of Animal Husbandry and Dairying.
- He holds engineering qualifications from IIT Roorkee and IIT Delhi.
Infosys Appoints Ashiss Kumar Dash as Next CEO and MD
Why in News: The board of Infosys Limited appointed company veteran Ashiss Kumar Dash as its next Chief Executive Officer and Managing Director, succeeding Salil Parekh.
Quick Facts
- Company: Infosys Limited.
- Founded: 2 July 1981.
- Headquarters: Bengaluru, Karnataka.
- Outgoing CEO and MD: Salil Parekh.
- Appointee: Ashiss Kumar Dash.
Key Highlights
- Dash has worked with Infosys for more than three decades.
- He previously headed major services, utilities, resources and energy businesses.
- The appointment was approved by the Nomination and Remuneration Committee.
- It is subject to applicable company law and SEBI governance requirements.
Sports
India Plans Joint Bid for 2029 World Abilitysport Games
Why in News: The Paralympic Committee of India and the Cerebral Palsy Sports Federation of India signed an MoU to submit a joint bid for hosting the 2029 World Abilitysport Games in India.
Quick Facts
- Target event: World Abilitysport Games 2029.
- Partners: PCI and CPSFI.
- PCI President: Devendra Jhajharia.
- CPSFI President: Rajesh Tomar.
- MoU signed in New Delhi.
Key Highlights
- The bid seeks to bring the international multisport event to India for the first time.
- Preparations include accessible venues and upgraded parasport training centres.
- The partnership will support talent identification for athletes with physical impairments.
- It also aims to strengthen sports science and grassroots parasport pathways.
Important Days
Income Tax Day Observed Across India on 24 July
Why in News: Income Tax Day, also known as Aaykar Diwas, was observed across India on 24 July 2026 to commemorate the introduction of income tax by Sir James Wilson in 1860.
Quick Facts
- Date: 24 July.
- Income tax introduced in India: 1860.
- Introduced by: Sir James Wilson.
- Official nationwide observance began in 2010.
- Direct-tax administration is led by CBDT.
Key Highlights
- The observance recognises the contribution of direct taxes to nation-building.
- It highlights reforms such as faceless assessment and online return filing.
- Pre-filled income-tax returns and digital services have simplified compliance.
- CBDT functions under the Department of Revenue, Ministry of Finance.
World Drowning Prevention Day 2026 Observed on 25 July
Why in News: World Drowning Prevention Day was observed on 25 July 2026 to raise awareness about preventable drowning deaths and encourage governments, communities and individuals to adopt effective water-safety measures.
Quick Facts
- Date: 25 July.
- 2026 theme: "Unite to Turn the Tide on Drowning".
- First observed: 25 July 2021.
- UNGA resolution: A/RES/75/273.
- Resolution adopted: 28 April 2021.
Key Highlights
- The day promotes barriers around water, supervised childcare and swimming skills.
- It calls for stronger rescue services and enforcement of boating regulations.
- The World Health Assembly adopted a drowning-prevention resolution in 2023.
- Drowning prevention is linked to public health, disaster management and child safety.
Current Affairs One-Liners
Quick Revision
- 16th BRICS Health Ministers' Meeting → Chandigarh → adopted the Health Ministerial Declaration.
- BRICS Health Meeting theme → Building for Resilience, Innovation, Cooperation and Sustainability → held under India's 2026 chairship.
- Revised Index of Core Industries base year → 2022-23 → replaces 2011-12.
- Ninth core industry → Iron Ore → added to the revised ICI series.
- June 2026 core-sector growth → 5% → iron ore grew fastest at 43.9%.
- Traditional-medicine commercialisation MoU → NRDC and NCISM → covers IP protection and technology transfer.
- Indigenous semiconductor PDK → 1.2 micrometre → made available through eChipHub.
- Superalloy facility in Telangana → Raghu Vamsi Aerospace → investment above Rs 600 crore.
- Samudra Pradakshina → first tri-service all-women circumnavigation → completed in 314 days.
- First bank-led Quantum Finance Hub → PNB Quantum Finance Hub → Amaravati Quantum Valley.
- New mutual-fund approval → Carnelian Asset Management → granted by SEBI.
- EbixCash milestone → first non-bank perpetual AD Category-II licensee → authorised by RBI.
- Sona Comstar-DENSO partnership → two joint ventures → electric and hybrid powertrain systems.
- UNNATI AI 2.0 → Microsoft India and FITT IIT Delhi → AI skilling and startup support.
- VTU-Google agreement → AI and digital-skilling modules → supports employability and campus placements.
- NABARD-MAHAPREIT MoU → green rural infrastructure → solar cold storage and bioenergy projects.
- India's WTO demand → permanent public-stockholding solution → raised during 8th Trade Policy Review.
- Medical assistance to Kenya → 4.5 tonnes → PPE and infection-control supplies.
- Kusha missile → long-range surface-to-air system → maiden flight-tested by DRDO.
- Indigenous expendable turbojet engine → 350 kg thrust class → delivered by Azad Engineering to GTRE.
- FIDE Interim President → Viswanathan Anand → Deputy President since 2022.
- Higher Education Secretary → Naresh Pal Gangwar → 1994-batch Rajasthan-cadre IAS officer.
- Next Infosys CEO and MD → Ashiss Kumar Dash → succeeds Salil Parekh.
- 2029 World Abilitysport Games bid → PCI and CPSFI → joint proposal to host the event in India.
- Income Tax Day → 24 July → commemorates income tax introduced by Sir James Wilson in 1860.
- World Drowning Prevention Day → 25 July → theme: Unite to Turn the Tide on Drowning.
- Climate-resilient village milestone → Killai, Tamil Nadu → coastal adaptation and livelihood protection.
- Karnataka semiconductor plan → 200-acre park → intended to attract chip-manufacturing investment.
- CMFRI fisheries application → DeepDATA → supports digital marine-data collection.
- Campus Biodiversity Register → educational institutions → documents campus flora and fauna.
- Indian railway electrification → more than 97% of broad-gauge routes → supports lower diesel consumption.
- National Pledge Against Drug Abuse → scheduled for 18 August 2026 → linked to Nasha Mukt Bharat Abhiyaan.
- China's Gravity-1 Y4 launch → nine satellites → launched from an East China Sea platform.
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