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July 23, 2025

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📊 Index & Rankings

India Records 44% Increase in IP Filings Over Last Five Years

India has recorded a significant 44% growth in Intellectual Property filings over the last five years.

Key drivers:

  • Patent law reforms and fee reductions for startups/MSMEs
  • Digitalization of IP offices
  • National Intellectual Property Awareness Mission (NIPAM)
  • AI tools, IP Dashboard, and SIPP scheme
📈 GI Applications

Geographic Indication (GI) applications grew by 380%. These developments underscore a modern, inclusive IP environment supporting innovation and economic growth.

India’s Gross NPAs Drop Significantly to 2.58%

India’s Gross Non-Performing Assets (NPAs) have dropped significantly.

YearNPA Rate
20219.11%
20252.58%
📉 Contributing Factors

Improvements driven by regulatory reforms, digital auctions, and stringent norms.

India Ratings Lowers FY26 Growth Outlook to 6.3%

India Ratings has lowered its FY26 GDP growth forecast to 6.3%, citing global economic pressures.

Key observations:

  • Projected inflation remains moderate
  • Rural demand supported by low CPI
World Bank Report: Indian Cities to Create 70% of Jobs by 2030

The World Bank has highlighted that Indian cities are projected to create 70% of jobs by 2030 but face severe climate threats.

💰 Investment Needs

Recommended investment in resilient infrastructure exceeds $2.4 trillion by 2050 to address climate risks and support sustainable urban growth.

🇮🇳 National News

Article 67(a): Vice President’s Resignation Explained

Article 67(a) of India’s Constitution allows the Vice President to resign through a written notice to the President.

Key constitutional provisions:

  • As per Article 68(2), new election must occur within 60 days
  • Electoral college comprises Lok Sabha and Rajya Sabha members
📋 Context

Recent resignation by Vice President Jagdeep Dhankhar illustrates the practical application of these constitutional provisions.

Agriculture Minister Raises Concerns Over Counterfeit Biostimulants

Minister Shivraj Singh Chouhan has expressed concern over rampant fake biostimulants in agriculture.

These products, falsely promising enhanced crop productivity, face scrutiny after numerous farmer complaints.

🌾 Action Required

Minister urged for stricter regulations, scientific verification, and greater accountability. Issue spotlighted during the Viksit Krishi Sankalp Abhiyan tour.

World’s Largest Grain Storage Plan in Cooperative Sector Initiated

India has initiated the world’s largest grain storage plan in the cooperative sector at Primary Agricultural Credit Society (PACS) level.

Key details:

  • Over 500 PACS selected under scheme
  • Financial investment: ₹2,925 crore for computerization
  • Includes storage, processing facilities, and Fair Price Shops
🎯 Goal

Targeting universal village coverage to boost storage, empower farmers, and strengthen supply chains.

India Screens 6 Crore Individuals for Sickle Cell Anemia

Under the National Sickle Cell Anemia Elimination Mission (launched July 2023), India has screened 6 crore individuals using Point-of-Care Testing (POCT) kits.

Key achievements:

  • Identified 2.15 lakh affected individuals
  • Distributed 2.6 crore health cards
  • Leading states: Madhya Pradesh, Gujarat, Odisha
🎯 Mission Goal

Aims to eliminate the disease by 2047 through comprehensive screening, awareness campaigns, and counseling. Digital platform centralizes national data.

Jharkhand Launches India’s First Mining Tourism Initiative

Jharkhand has launched India’s first mining tourism initiative, supported by Central Coalfields Limited (CCL) and overseen by JTDC.

Pilot phase details:

  • Covers North Urimari (Birsa) coal mine
  • Includes visits to mines, temples, and valleys via Rajrappa and Patratu routes
🏔️ Future Plans

Project aims to foster alternative tourism and employment opportunities. Further plans include Eco-Mining Circuits and a Religious Circuit.

Suhani Shah Wins FISM 2025 Award – First Indian Winner

Rajasthan’s mentalist Suhani Shah has become the first Indian winner at the FISM championship (the “Oscar for Magicians”) in Italy.

She was recognized in the Best Magic Creator category.

🏆 Historic Achievement

FISM (Fédération Internationale des Sociétés Magiques) is the most prestigious international magic competition, making this a historic achievement for Indian magic.

IAF Phases Out MiG-21 Jets After 60 Years of Service

The Indian Air Force (IAF) is retiring MiG-21 jets by September 2025, marking the end of 60 years’ service.

✈️ Replacement

To be replaced by indigenous LCA Tejas Mark 1A, aligning with IAF modernization goals and Aatmanirbhar Bharat.

Indian Army Receives First Batch of Apache Helicopters

The Indian Army has inducted its first batch of Apache AH-64E helicopters.

🚁 Strategic Impact

This induction significantly enhances combat capabilities and border defense for the Indian Army.

National Sports Governance Bill 2025 Introduced

The National Sports Governance Bill 2025 has been introduced with significant reforms.

Key provisions:

  • Brings BCCI under RTI
  • Reforms sports governance structure
  • Ensures compliance with Olympic Charter
🏅 Olympic Bid Support

Supports India’s 2036 Olympic bid through enhanced transparency and governance.

Delhi Government Enhances Rewards for Olympic & Paralympic Medalists

Under Mukhyamantri Khel Protsahan Yojana, Delhi has enhanced rewards for Olympic medalists:

MedalReward
🥇 Gold₹7 crore
🥈 Silver₹5 crore
🥉 Bronze₹3 crore
🎁 Additional Benefits

Grade A jobs for Olympic medalists. Also announced ₹3 crore for Asian Games gold winners. Mukhyamantri Digital Education Scheme introduced for laptops to 1,200 students.

💼 Business & Economy

Public Sector Banks Write Off ₹12 Lakh Crore NPAs in 9 Years

Public Sector Banks (PSBs) have written off NPAs amounting to ₹12.08 lakh crore between FY16–FY25.

Key details:

  • Wilful defaulters owe ₹1.62 lakh crore
  • Over ₹25,000 crore recovered
  • Recovery efforts continue under various frameworks
  • PSBs continue active recruitment with 96% staff coverage

🌐 International News

Ashoka Pillar Replica Installed in Sri Lanka

A replica of the Ashoka Pillar was unveiled at Sri Subhuthi Viharaya in Waskaduwa, Sri Lanka.

Funded by Kyabje Ling Rinpoche and the Government of India.

🕉️ Cultural Significance

Celebrates Emperor Ashoka’s contribution to Buddhism’s spread to Sri Lanka. Strengthens bilateral cultural relations alongside other India-sponsored initiatives like Pali language promotion and relic preservation.

Indian Cabinet Approves FTA with UK

The Indian Cabinet has approved the India-UK Comprehensive Economic and Trade Agreement (CETA) 2025.

Key targets:

  • $120 billion bilateral trade by 2030
  • Removes tariffs on key exports
  • Covers services, innovation, and IPR
🤝 Additional Benefits

Agreement includes Double Contribution Convention to aid Indian professionals overseas.

US Withdraws from UNESCO Again

The US has exited UNESCO under President Donald Trump, citing ideological biases and anti-Israel stances.

This reflects an earlier withdrawal that was reversed by Joe Biden.

🌍 Global Implications

Israel supports the move while UNESCO officials criticize it. The withdrawal could potentially diminish US influence and boost China’s position in the organization.

Significant Earthquakes in Russia’s Kamchatka Peninsula

Russia’s Kamchatka Peninsula experienced multiple earthquakes, with the strongest reaching 7.4 magnitude.

Located along the Pacific Ring of Fire, the region is prone to frequent tectonic activities.

🌊 Safety Update

Initial tsunami alerts were issued but posed no major threat.

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