Good morning students, It’s Thursday July 24. We are covering some important current affairs today.
National News
1. IP Filing Surge: India witnesses 44% increase in intellectual property filings over five years, driven by patent law reforms and digitization initiatives.
2. Vice President Resignation Process: Article 67(a) enables VP resignation through written notice to President, with mandatory election within 60 days as per Article 68(2).
3. Fake Biostimulants Warning: Agriculture Minister Shivraj Singh Chouhan raises concerns over unregulated biostimulant sales misleading farmers across India.
4. Grain Storage Initiative: World’s largest cooperative grain storage plan launched with ₹2,925 crore budget covering 500 PACS for enhanced supply chain resilience.
5. Sickle Cell Screening Achievement: National mission screens 6 crore individuals for sickle cell anemia, distributing 2.6 crore health cards since July 2023 launch.
State News
6. Kerala Rubber Threat: Ambrosia beetle carrying Fusarium fungi threatens rubber plantations, causing leaf fall and latex yield reduction since 2012.
7. Jharkhand Mining Tourism: India’s first mining tourism project launches in pilot phase with CCL support, featuring North Urimari coal mine tours.
8. Delhi Olympic Rewards: Government increases cash rewards to ₹7 crore for Olympic Gold medalists under Mukhyamantri Khel Protsahan Yojana.
International News
9. Ashoka Pillar Replica: Sri Lanka unveils replica at Waskaduwa Sri Subhuthi Viharaya, strengthening India-Sri Lanka Buddhist cultural ties.
10. India-UK Trade Deal: Cabinet approves FTA aiming to boost bilateral trade to USD 120 billion by 2030 through tariff reductions.
11. US Exits UNESCO: America withdraws from UNESCO for second time under Trump administration, citing “woke” and anti-Israel biases.
12. Russia Earthquake: 7.4 magnitude earthquake strikes Kamchatka Peninsula along Pacific Ring of Fire, initial tsunami alert issued.
Banking News
13. PSB Write-offs: Public Sector Banks write off ₹12.08 lakh crore NPAs between FY16-FY25, while recruiting 48,570 employees.
14. NPA Improvement: Gross NPAs reduce significantly from 9.11% in March 2021 to 2.58% in March 2025 through reforms.
Business News
15. Growth Forecast Cut: India Ratings cuts FY26 GDP growth forecast to 6.3% citing global headwinds and weak investment climate.
Defence News
16. MiG-21 Retirement: Indian Air Force to retire MiG-21 fighter jets by September 2025, ending 60 years of service with LCA Tejas replacement.
17. Apache Induction: Indian Army receives first batch of Apache AH-64E helicopters from US to boost firepower in challenging terrains.
Award News
18. Magic Oscar Winner: Suhani Shah from Rajasthan becomes first Indian to win ‘Best Magic Creator 2025’ at FISM World Championship in Italy.
Sports News
19. Sports Governance Reform: National Sports Governance Bill 2025 proposes bringing BCCI under RTI Act and establishing National Sports Tribunal.
Science and Technology News
20. Pineapple Innovation: Indian scientists develop fungal-tolerant pineapple variety using AcSERK3 gene overexpression for Fusariosis resistance.
Important Days News
21. National Broadcasting Day: Celebrated on July 23, 2025, commemorating India’s radio legacy from 1927 Indian Broadcasting Company to modern AIR with 591 stations.