Daily Current Affairs 10th July 2025: Your guide for daily General Knowledge Preparation
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This post contains the daily current affairs 10th July 2025. It includes all National, International, Business & Sports related to Current Affairs 10th July 2025. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these Current Affairs, we would recommend you to try 10th July, 2025 Current affairs test.
National News
Commemorative Stamp for Syama Prasad Mookerjee’s 125th Birth Anniversary
- On July 9, 2025, the Department of Posts released a special postage stamp to commemorate the 125th birth anniversary of Syama Prasad Mookerjee.
- The launch event took place at Siri Fort Auditorium, New Delhi, and included:
- Cultural programs
- An exhibition
- A short documentary showcasing his life and contributions.
- The stamp was designed by Smt. Nenu Gupta and highlights Mookerjee’s pivotal work in:
- Education
- National unity
- Constitutional development.
- The ceremony was graced by Union Ministers and senior officials.
State News
Delhi Introduces ‘Saheli Smart Card’ for Free Bus Travel
- Delhi Transport Corporation (DTC) is set to replace the existing pink ticket system with the ‘Saheli Smart Card’.
- Key details of the card:
- Exclusively for women and transgender residents of Delhi.
- Requires Aadhaar and address proof for issuance.
- Objectives of this initiative:
- Eliminate misuse of free travel benefits.
- Ensure rightful beneficiaries avail the scheme.
- Promote a cashless, connected, and modern public transport ecosystem.
- Additional features:
- Integration with QR-based tickets, NCMC, and mobile applications.
- Part of a larger digital mobility plan for Delhi.
Banking News
Government Payments Above ₹75 Crore via RBI’s e-Kuber From July 16
- From July 16, 2025, all government transactions over ₹75 crore must be processed through the RBI’s e-Kuber system.
- Previous threshold: ₹500 crore; later reduced to ₹100 crore for certain cases.
- Advantages:
- Greater transparency
- Real-time tracking
- Faster reconciliation within 24 hours.
- Future plan: Limit may drop to ₹50 crore next year to boost financial efficiency.
Public Sector Banks to Raise ₹45,000 Crore in FY26
- PSU banks aim to generate ₹45,000 crore via Qualified Institutional Placements (QIP) during FY26, starting with SBI.
- Government strategy includes:
- Completing IDBI Bank disinvestment by October 2025.
- Selling stakes in several other PSU banks.
- These steps align with the ₹47,000 crore disinvestment target in Union Budget 2025–26, promoting:
- Capital strengthening
- Private investment in banking.
Business News
Nvidia Becomes First Company Valued at $4 Trillion
- Nvidia has become the first publicly listed company to cross $4 trillion market capitalization.
- The achievement follows a 1,350% surge in stock price since October 2022.
- Nvidia now dominates the S&P 500 index, surpassing other tech leaders like Microsoft, Apple, and Amazon.
- This milestone reflects:
- The crucial role of tech companies in global markets.
- The expanding influence of AI and semiconductor industries.
Agreements News
India-Namibia Sign Key MoUs During PM Modi’s Visit
- During PM Modi’s state visit to Namibia on July 9, 2025, India and Namibia signed:
- MoU to establish an Entrepreneurship Development Center.
- MoU for cooperation in health and medicine.
- Namibia joined:
- Coalition for Disaster Resilient Infrastructure (CDRI)
- Global Biofuels Alliance (GBA).
- Landmark step: Namibia became the first nation to adopt India’s UPI technology through a licensing agreement, signaling a leap in digital financial collaboration.
Awards News
PM Modi Conferred Namibia’s Highest Civilian Honour
- Namibia awarded PM Narendra Modi the Order of the Most Ancient Welwitschia Mirabilis, its highest civilian award, on July 9, 2025.
- The award, presented by President Netumbo Nandi-Ndaitwah, recognizes:
- Leadership in global cooperation
- Strengthening India-Namibia ties.
- Modi dedicated the honour to the people of India, marking his 27th international recognition.
Sarankumar Limbale Wins Chintha Raveendran Award 2025
- Marathi writer Sarankumar Limbale has been selected for the Chintha Raveendran Award 2025.
- Award details:
- ₹50,000 cash prize
- Memento and citation
- Ceremony scheduled on July 26, Kozhikode, during Chintha Raveendran commemoration.
- Limbale is celebrated for his Dalit literature contributions and promoting social justice.
Books & Authors News
‘Das Paise ka Postcard’ Revives the Postcard Era
- A book titled “Das Paise ka Postcard” by S.N. Ahmed, a retired Indian Army officer, was launched on July 10, 2025, in Hyderabad.
- Key highlights:
- The book celebrates the emotional value of handwritten postcards.
- Launched by actor-director Vinay Varma.
- Soon to be adapted into a stage play, rekindling nostalgic memories.
Defense News
India Inducts Indigenous Diving Support Ship INS Nistar
- On July 9, 2025, the Indian Navy received INS Nistar, its first indigenous Diving Support Vessel (DSV), built by Hindustan Shipyard Ltd (HSL).
- Features:
- 75% indigenous content
- Capabilities:
- Deep-sea diving up to 300m
- Submarine rescue with DSRV
- Use of ROVs up to 1000m.
- The vessel supports:
- Underwater missions
- Goals of Aatmanirbhar Bharat and Make in India.
India-Japan Coast Guard Conduct Joint Exercise in Chennai
- Japanese Coast Guard ship JCGS Itsukushima arrived at Chennai Port on July 7, 2025, as part of its Global Ocean Voyage.
- Activities during six-day visit:
- Joint training programs
- Sea exercise ‘Jaa Mata’
- Official meetings with senior officers.
- Objective: Strengthen India-Japan maritime security cooperation in line with SAGAR and Indo-Pacific Oceans Initiative.
Ranks & Reports News
UNCTAD Trade and Development Foresights 2025 Report
- Predicts global slowdown, projecting 2.3% growth for 2025 due to:
- Policy uncertainties
- Trade barriers
- Financial volatility.
- Key observations:
- Rise in VIX (fear index) and demand for safe-haven assets.
- Developing nations facing a debt crisis despite rate cuts.
- India stands out with:
- Strong domestic demand
- Growth in IT services exports
- Stable macroeconomic conditions.
- Challenges:
- Decline in ODA
- Increased military spending in G7 countries
- Threats to SDG financing.
Schemes News
10 Years of PM Fasal Bima Yojana: Review and Recommendations
- Dr. Lavanya R. Mundayur, AIC head, highlighted PMFBY’s decade-long progress:
- Increased coverage for non-loanee farmers.
- Overall growth plateau in recent years.
- Suggested improvements:
- Greater central funding
- National-level model
- Independent third-party audits.
Andhra Pradesh Rolls Out Digi-Lakshmi Scheme
- Launched on June 30, 2025, to promote women entrepreneurship.
- Key aspects:
- Establishment of 9,034 ATOM kiosks in Urban Local Bodies.
- Managed by Self-Help Group women.
- Each kiosk provides 250+ public services.
- Support measures:
- Training and loans of ₹2–2.5 lakh.
- Goal: One Family, One Entrepreneur mission for urban empowerment.
Summits & Conferences News
11th India Maize Summit: Focus on Maize Revolution
- Held on July 7, 2025, in New Delhi, led by Union Minister Shivraj Singh Chouhan.
- Emphasis on:
- Research and technology
- Field programs like Viksit Krishi Sankalp Abhiyan.
- Highlight: UP’s success in Accelerated Maize Development Program.
- Maize seen as:
- Key to ethanol production
- Livestock feed
- Climate-smart agriculture.
India Energy Storage Week 2025 Inaugurated
- Minister Harsh Malhotra opened the event on July 10, Yashobhoomi, Delhi.
- Focus areas:
- Clean mobility transition
- EV adoption and battery tech innovation
- Schemes like FAME-II and PM e-Drive.
- Goal: Contribute to Net Zero by 2070 and 500 GW green energy by 2030.
Science & Technology News
Switzerland Approves First Malaria Drug for Infants
- On July 9, 2025, Swissmedic approved Novartis’s malaria treatment for infants (2–5 kg).
- Significance:
- Targets malaria, which caused 95% of global deaths in Africa (2023).
- To be distributed at no profit in malaria-endemic nations.
MIB Launches Kalaa Setu AI Challenge
- The Ministry of Information and Broadcasting introduced Kalaa Setu Challenge under WaveX platform.
- Objective:
- Invite AI startups to create regional language media tools.
- Deadlines:
- Bhasha Setu translation challenge closes July 22.
- Kalaa Setu submissions by July 30.
Andhra Pradesh Deploys Smart AI Mosquito Control
- Rollout of Smart Mosquito Surveillance System (SMoSS) in 66 sites across six cities.
- Uses:
- Sensors, drones, hospital data, and apps for mosquito control.
- Aim:
- Combat dengue and malaria.
- Provide real-time alerts and mapping.
New Tree Species Garcinia kusumae Discovered in Assam
- Found in Baksa district, named after botanist Jatindra Sarma’s mother.
- Features:
- Evergreen species with unique flowers and fruits.
- Known for culinary and medicinal uses.
- Adds to Assam’s 12 Garcinia species, enriching India’s botanical diversity.