International news
Creation of China on the world’s largest dam on Yarlung Tsangpo (Brahmputra)
- China has started construction Motuo hydropower station But Yarlung Tsangpo RiverTarget to make The world’s largest damTriggering Geopolitical and environmental concerns In India And Bangladesh,
- Project, cost $ 167 billionRemoving river flow through strength through tunnels involves removing Five cascading stations,
- While it aligns with China Energy strategyIt increases fear River control, Livelihood effect, biodiversity lossAnd Seismic vulnerabilityThis is making a key Geopolitical issue In the area.
Banking news
Fino Payments Bank launched “Gati” savings account to promote UPI adoption in Bengal
- Fino Payments Bank has launched ReadyA Zero-equilibrium digital savings accountGoal of Promotion of UPI transactions In West Bengal,
- Customers can open accounts immediately on anyone 40301 merchant pointsWith an affordable fee structure and EKYC-based onboarding,
- Initiative promotes Financial inclusionTarget Rural and semi-urban populationAnd supports the features like Auto UP ID, Finopay appAnd access to Insurance, digital goldAnd Loan,
- Complete the matti Digitally curious segmentespecially Youth, womenAnd Senior citizens,
RBI’s financial inclusion index shows a strong growth in FY25
- RBI Financial Inclusion Index (FY25) Improved in 64.2 to 67.0 In the last year.
- it Access, Use and Cross Revolution of Quality Sub-Solutions Indicates the success of Government schemes, Digital financial platformAnd Financial literacy program,
- This is one Comprehensive equipment There is a solution to join Banking, pension, insurance, postal servicesMore, helping to shape India Inclusive financial ecosystem,
RBI operated VRR auction surprised to influence a liquidity of ₹ 50,000 crore (July 2025)
- reserve Bank of India Conducted Surprise ₹ 50,000 crore VRR auction But July 23, 2025Accepting bids worth ₹ 50,001 crore in one 5.58% average rateAddress Tight liquidity Due to GST outflow And VRRR Lock,
- It reflects RBI’s active liquidity management And signal Policy stability,
SBI postponed the world’s best consumer bank 2025 by Global Finance Magazine
- State Bank of India (SBI) Has been awarded the title of World’s Best Consumer Bank for 2025 By Global finance magazineBased on global expert analysis.
- The award accepts SBI Digital Innovation, Vennacular Voice Banking, Omni-Chal AngenceAnd AI-based personalizationEspecially profit Rural and semi-urban customers,
- This achievement shows the role of SBI Shape the future of consumer banking And to increase India’s financial reputation globally.
Public sector banks priced 1,629 cases ₹ 1.62 trillion
- Public sector banks (psb) Has recognized 1,629 wilful defaulters With outstanding amount of ₹ 1.62 trillion In form of 31 March, 2025As Union finance ministry,
- The government has implemented many legal and administrative measures Recover NPAWith action through Sarfausi, IBCAnd through public disclosure Loan bureau Like Thief And Experian,
- This issue remains one Major concern For Banking sector healthSpecifically given Slow deposits And growing credit risk,
RBI approves Warburg Pinsus investment at IDFC First Bank
- reserve Bank of India Has been approved Warburg Pinkus To invest ₹ 4,876 Crore In IDFC First Bank Through your affiliation Current maritime investment BVTo get 9.99% stake Through Compulsory convertible priority share (CCP),
- This step is already clear CCIDesire Promote the bank’s capital base, Expand its borrowing capacityAnd Its growth accelerates the trajectoryMark a head Foreign investment milestone In the banking sector of India.
Economy news
The fastest growing economy in the world? India reappears the ADB forecasts!
- Asian Development Bank (ADB) Forecast India’s GDP To grow on 6.5% in 2025 And 6.7% in 2026Conducted by Strong domestic demandA General monsoonAnd monetary easing,
- inflation It is estimated to be inside RBI target limitwith CPI at six years low In June.
- While wide Asia-Pacific Outlook Has weakened due to Trade tension And Geopolitic risk, India remains the fastest growing major economy in the worldAs Asian Development Outlook 2025,
Defense news
Meet ‘Samudra Prachet’ game-changing pollution control Vescell!
- New vessel of Indian Coast Guard ‘Samudra Prachet’Launched July 23, 2025Is final Pollution control vessel produced by Goa Shipyard Limited (GSL) To increase India Oil spill reaction And Marine pollution control Capacity within it Exclusive economic sector,
- With 4,170 tonnes displacement And State -of -the -art reaction toolIt supports Atmanirbhar bharatAligns with Assault obligationAnd represents a milestone Indigenous shipbuilding And Coastal environmental protection,
Rank and Report News
Mumbai Airport between the world’s top 10 for the third consecutive year
- Chhatrapati Shivaji Maharaj International Airport (CSMIA) Is ranked between World’s top 10 international airports In Travel + Holiday World’s Best Award 2025 With Reader score of 84.23,
- it is Indian airport only This difference is earned in the list and for this Third straight year,
- CSMIA belongs to India The busiest single runway airportMaintenance 55 million passengers Provides annually, and provides Direct connectivity To 121 destination,
- recent Digital upgradation, Customer experience praiseAnd under ownership Adani Group One further unite your position as one Global aviation leader,
India’s passport ever sees its biggest jump: what has changed here
- India’s passport rankings There is a lot of improvement in Henley Passport Index 2025Growing 85th to 77th – Its Biggest annual profit,
- Indian citizens enjoy now Visa-free or visa-on-access To 59 countriesInvolved Malaysia, Thailand, Maldives, Sri LankaAnd another.
- Improvement reflects India Strengthen diplomatic relationsAlthough, Dynamic gap Like with major countries Singapore (193 Destination) It remains wide.
- Refers to the increasing importance of the index Passport power As a marker National influence and global integration,
Important day news
International Day for women and girls of African dynasty: Honoring strength, identity and equality
- International Day for women and girls of African dynastyViewed on 25 JulyEmphasizes Talented challenges Facked by this community Casteism, genderism, and socio-economic prejudice,
- It says for Transformative action Through Education, leadership, inclusive policiesAnd protection of rights.
- their Power, creativity and leadership Are necessary to get Equity and sustainable development,
World Prevention Day (25 July): A global call to save lives from silent water
- World drowning prevention dayAnnually seen 25 JulyWas declared by United Nations General Assembly in 2021 Dangerous to address the issue to be stopped yet DrownWho kills 236,000 people every year,
- It emphasizes Child safety, community engagementAnd Low cost intervention Like Obstacles, swimming lessonsAnd Rescue training,
- Above 90% of drowning deaths occur in Lower and medium -income countriesEspecially Western Pacific and Southeast Asia Region,
- Day promotes Multi-regional activityAwareness, and strong policy initiative to reduce deaths related to sinking around the world.
International Day for Judicial Welfare (25 July): One milestone in global justice reform
- 25 July Celebrated globally International Day for Judicial WelfareDeclared by United Nations General Assembly through Sankalp A/RES/79/266,
- It was inspired by Nauru Declaration (2024) And lead by Justice Rantin Shrow Vimalasena,
- Highlights the important link between the day Judicial welfare And Quality justiceAnd aims to compete, encourage and promote stigma, encourage institutional reforms global awareness,
- Resolution was adopted Heavy supportAnd compliance invites active participation from now on Judicial Institute, United Nations Bodies, Shikshakya and Civil Society,
Income Tax Day (July 24): Symbol of fiscal development and digital empowerment
- Income Tax Day (24 July) Remember Introduction to income tax In India 1860,
- It throws light on travel to the country Colonial taxation From Digitally empowered, transparentAnd Civic-focused tax system,
- Over the years, such as improvement CPC, Tin 2.0, Clear assessmentAnd this Annual information details Tax administration has been modernized.
- Gross direct tax collection Is Double In five years, whereas Update ITR window And Nadez Theory Nutritious Voluntary compliance,
Current Affairs today | 24 July Current Affairs 2025 | Daily Current Affairs by Ashish Gautam