Economy & Development
India’s Gini Index – 4th Most Equal
India ranked 4th globally with a Gini Index of 25.5 in 2025 according to World Bank. The Gini Index measures income inequality – lower values indicate greater equality. India ranks ahead of several advanced economies.
Poverty Reduction
India’s Poverty Decline 2011-2023
Extreme poverty in India dropped from 16.2% (2011) to 2.3% (2023), with 171 million people moving out of poverty. Key schemes: Jan Dhan, DBT, and Ayushman Bharat supported this achievement.
Digital Governance
Himachal’s Aadhaar Face Authentication
Himachal Pradesh launched India’s first Aadhaar-based Face Authentication for PDS ration delivery in July 2025. FaceAuth replaces OTP and fingerprint methods using smartphone cameras for real-time verification.
International
Suriname’s First Female President
Jennifer Geerlings-Simons became Suriname’s first female President on July 6, 2025, assuming office July 16. She plans tax reforms and debt management with offshore oil production starting 2028.
Climate & Science
Mauna Loa Observatory Closure
Mauna Loa Observatory (Hawaii) faces closure after 65 years due to funding issues. Famous for the Keeling Curve showing rising COβ levels, its data is crucial for global climate policy.
Banking
Minimum Balance Penalty Waivers
Indian Bank (July 7) and PNB (July 1) waived minimum balance penalties on savings accounts. Indian Bank also reduced its one-year lending rate to 9% to promote financial inclusion.
Sports Administration
New ICC CEO – Sanjog Gupta
Sanjog Gupta appointed ICC CEO on July 7, 2025, after global recruitment of 2,500 candidates. Known for promoting women’s cricket and digital innovation at Star India. Tenure coincides with cricket’s 2028 Olympics inclusion.
Entertainment
Deepika Padukone – Walk of Fame
Deepika Padukone became the first Indian actress to receive a Hollywood Walk of Fame star, announced July 3, 2025 (Class of 2026). She joins Miley Cyrus and TimothΓ©e Chalamet among honorees.
State Schemes
Rajasthan Poverty-Free Village Scheme
Pandit Deendayal Upadhyay Poverty-Free Village Scheme (Rajasthan, July 4) offers βΉ21,000 for families moving out of poverty, βΉ1 lakh for self-employment, and βΉ15,000 for SHG women across 5,000 villages.
Sports
World Boxing Cup 2025 – 11 Medals
India secured 11 medals at World Boxing Cup 2025 in Astana – 3 Gold, 5 Silver, 3 Bronze – best-ever performance. Gold winners: Sakshi, Jaismine, and Nupur.