🇮🇳 National News
Union Jal Shakti Minister C.R. Patil unveiled C-FLOOD, India’s first integrated inundation forecasting system.
This web-based platform provides advanced flood prediction up to the village level.
Developed by: C-DAC, CWC, and NRSC under the National Supercomputing Mission (NSM).
Key Features:
- Integrates hydrodynamic modelling
- HPC simulations
- Satellite-based data for accuracy
Current Coverage: Three major river basins – Mahanadi, Godavari, and Tapi, with plans to extend nationwide.
The system aims to strengthen disaster management through scientific forecasting, enabling timely evacuation and reducing flood risks.
The Ministry of Women and Child Development has renamed NIPCCD to Savitribai Phule National Institute of Women and Child Development.
The renaming honours Savitribai Phule, a pioneer in women’s education and social reform.
A new Regional Centre will be inaugurated in Ranchi on July 4, 2025, serving Jharkhand, Bihar, Odisha, and West Bengal.
Programs to be strengthened:
- Mission Shakti
- Mission Vatsalya
- Poshan 2.0
Over 7 lakh frontline workers will be trained through this initiative, ensuring localized solutions and accessible capacity building.
The Ministry of Coal is introducing the RECLAIM Framework to ensure inclusive and sustainable mine closures.
Framework Highlights:
- Community participation
- Gender equity and inclusion of vulnerable groups
- Alignment with Panchayati Raj Institutions for local relevance
The framework encourages long-term livelihood security and repurposing of closed mining sites.
This initiative supports just transitions in the mining sector towards sustainability and environmental restoration.
Indore Municipal Corporation has launched the Digital House Address Project, a first in India.
Key Features:
- QR codes linked to GPS coordinates
- Integration with Digipin system
Benefits:
- Improves real-time service delivery
- Enhances emergency response mechanisms
- Lays foundation for data-driven urban planning
Cost-effective digital plates make this system scalable across cities, aligning with Digital India’s vision.
Virudhunagar, Tamil Nadu, will host a PM MITRA Textile Park, a landmark under India’s textile development plan.
Key Features:
- Central investment of ₹1,900 crore
- Covers 1,052 acres
- Zero Liquid Discharge (ZLD) effluent systems
- Worker dormitories and industrial workspaces
Expected Outcomes:
- ₹10,000 crore private investments
- 1 lakh jobs by 2026
The park boosts India’s position in technical textiles, supporting Atmanirbhar Bharat.
Karnataka Cabinet approved renaming of Bengaluru City University to honour former PM Dr. Manmohan Singh.
Dr. Singh’s Contributions to Bengaluru:
- Bengaluru Metro foundation
- Elevated Highway development
- Kempegowda International Airport inauguration
Additional Investment: ₹123.5 crore sanctioned for North Campus Phase-2 development.
This is a symbolic step acknowledging visionary governance and urban development leadership.
SPREE 2025 has been launched by Employees’ State Insurance Corporation (ESIC).
Duration: July 1 – December 31, 2025
Key Features:
- Time-bound enrollment of employers & employees under ESI Act
- No retrospective penalties
- Digital self-registration without prior inspection
The scheme focuses on contractual & informal workforce, aligning with labour welfare objectives.
The first National Conference of Urban Local Body (ULB) Chairpersons was inaugurated by Lok Sabha Speaker Om Birla on July 3, 2025 in Manesar, Gurugram.
Purpose: Discuss the role of Urban Local Bodies (ULBs) in:
- Inclusive growth
- Women empowerment
- Vision 2047 goals
The conference emphasized innovation, collaboration, and participatory governance for urban development.
💼 Business & Economy
Effective January 1, 2026, RBI bans prepayment penalties on floating rate loans for Micro & Small Enterprises (MSEs).
Benefits:
- Improves credit affordability
- Enhances financial inclusion
- Promotes competition among lenders
This is part of RBI’s broader reforms to streamline loan practices and support the MSME sector.
CBDT announced CII = 376 for FY 2025–26.
Impact: Higher tax relief on LTCG (Long-Term Capital Gains) for eligible taxpayers.
Key Provisions:
- Grandfathering clause for assets bought before July 23, 2024
- Choice between 20% indexed tax OR 12.5% flat tax
Cost Inflation Index adjusts the purchase price of assets for inflation, reducing taxable capital gains. A higher CII means greater tax savings for taxpayers.
RBI directs all banks to implement FRI by Department of Telecommunications (DoT) to combat cyber fraud.
Key Features:
- AI-driven system for detecting fraudulent mobile numbers
- Integrates data from NCRP and Chakshu platforms
Early Adopters: PhonePe, HDFC Bank, Paytm
Secure India’s digital payments ecosystem under the Digital India mission.
Slice, a fintech company, has launched India’s first UPI-powered bank branch in Bengaluru.
Offerings – Slice UPI Credit Card:
- Zero joining fees
- Up to 3% cashback
- Easy EMI conversion
Additional Services: Integrated UPI ATM for cash withdrawal & deposit.
Expand credit access and drive financial inclusion using digital-first solutions.
Jio surpasses T-Mobile to become the global leader in Fixed Wireless Access (FWA).
Success Factors:
- Launch of Jio AirFiber broadband (September 2023)
- Rapid 5G rollout across India
Achievement: Over 20 million users
Enhanced rural connectivity and affordable broadband access, serving as a global model for telecom development.
Maharashtra leads state-wise GST collection for June 2025.
| Rank | State | GST Collection |
|---|---|---|
| 1 | Maharashtra | ₹30,553 crore |
| 2 | Karnataka | ₹13,409 crore |
| 3 | Gujarat | ₹11,404 crore |
Key Observations:
- Southern states like Tamil Nadu, Telangana, Andhra Pradesh recorded strong growth
- Delhi, West Bengal, Odisha contributed significantly from northern & eastern regions
Smaller states showed modest collections, indicating future potential in tourism, logistics, and regional trade.
🌐 International News
PM Narendra Modi was awarded “Officer of the Order of the Star of Ghana” by President John Mahama.
Key Outcomes of the Visit:
- Establishment of a Skill Development Centre
- Expansion of scholarship programs
- Support for agriculture and healthcare sectors
- Plans to introduce UPI-based digital payments in Ghana
Double trade within five years, reinforcing South-South cooperation between India and African nations.
🔬 Science & Technology
Indian scientists developed lanthanum-doped silver niobate nanoparticles for next-gen energy storage.
Key Highlights:
- 118% energy retention
- 100% coulombic efficiency
Applications:
- Portable electronics
- Renewable energy systems
Research led by Dr. Kavita Pandey at CeNS Bengaluru, focusing on eco-friendly, high-performance storage solutions.
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