📊 Index & Rankings
As per the World Bank, India ranks as the fourth most equal country globally, boasting a Gini Index of 25.5 in 2025.
This recognition is significant for a nation with a population exceeding 1 billion.
Poverty Reduction Achievement:
- Extreme poverty reduced from 16.2% in 2011 to 2.3% in 2023
- 171 million people lifted out of poverty
Key Government Initiatives:
- Jan Dhan Yojana
- Aadhaar
- DBT (Direct Benefit Transfer)
- Ayushman Bharat
- Stand-Up India
The Gini Index measures income inequality on a scale of 0-100. A lower score indicates greater equality. India’s score of 25.5 surpasses even some developed countries.
According to the Statistical Review of World Energy 2025, India became the 4th largest biofuel user, overtaking China.
| Metric | India | China |
|---|---|---|
| Biofuel Consumption | 77 kbbloe/d | — |
| YoY Increase | 40% | — |
| Biofuel Production | 70 kbbloe/d | 106 kbbloe/d |
The report noted a global rise in biofuel demand, especially in Asia Pacific and North America. However, overall energy-related emissions rose by 1%, hitting a new high.
🇮🇳 National News
Himachal Pradesh became the first Indian state to implement an Aadhaar-based Face Authentication (FaceAuth) system for ration distribution under the PDS in July 2025.
The system replaces traditional methods like fingerprint scanning or OTPs with facial verification via a smartphone camera.
Spearheaded by the Department of Digital Technologies and Governance (DDTG) and supported by Gokul Butail.
This initiative addresses previous inefficiencies and ensures a smoother user experience, marking a major step toward digital inclusion and efficient governance.
On July 6, 2025, Union Minister Dr. Jitendra Singh inaugurated the National Biobank at CSIR-IGIB, New Delhi.
Part of the Phenome India Project, it will collect genetic and health data from 10,000 people.
The project was praised by experts Dr. N. Kalaiselvi and Dr. Souvik Maiti.
Aimed at advancing personalized medicine in India through comprehensive genetic data collection and research.
The Rajasthan government initiated the Pandit Deendayal Upadhyay Poverty-Free Village Scheme on July 4, 2025.
The scheme targets BPL families across 5,000 villages.
Key Benefits:
- Up to ₹1 lakh for job/business aid
- ₹15,000 for women’s self-help groups (SHGs)
- ₹21,000 rewards for families lifted out of poverty
Status: 30,631 families identified with 61,000 applications already received. The plan also includes village-level poverty reduction strategies.
PM Modi attended the 17th BRICS Summit in Rio de Janeiro from July 6–7, 2025.
Key Topics Discussed:
- Reforming global institutions
- Terrorism – PM condemned the Pahalgam terror attack
- Responsible AI
- BRICS cooperation and Global South support
The summit concluded with the ‘Rio de Janeiro Declaration’, reinforcing the commitment to peace, justice, and development.
The Rio Declaration announced Indonesia’s inclusion in BRICS and introduced three major initiatives: Climate Finance, AI Governance, and Global Health Programs.
During his July 6, 2025 visit to Argentina, PM Narendra Modi received the Key to the City of Buenos Aires from Jorge Macri.
The honor acknowledges Modi’s contributions to India–Argentina relations.
Visit Highlights:
- Meetings with President Javier Milei
- Discussions on trade and energy
- Tributes to Gandhi, Tagore, and San Martin
On July 6, 2025, India defeated England by a record 336 runs at Edgbaston—its largest overseas win by run margin.
Akash Deep took 10 wickets, setting the record for best Indian Test performance in England.
This win leveled the Test series 1-1.
This is India’s largest victory margin by runs in an overseas Test match, marking a historic moment in Indian cricket.
At the 2025 World Boxing Cup in Astana, India won 11 medals—3 gold, 5 silver, 3 bronze.
Gold Medalists: Sakshi, Jaismine, and Nupur
This is India’s best performance at this tournament to date.
The Athletics Federation of India (AFI) will bid to host the 2029 or 2031 World Athletics Championships.
Upcoming Hosts: Tokyo (2025) and Beijing (2027) are already confirmed.
India also plans to bid for the 2028 Junior World Championships and future Relay events, supporting its 2036 Olympic aspirations.
On July 3, 2025, Deepika Padukone became the first Indian actress to be awarded a Hollywood Walk of Fame star, joining celebrities like Miley Cyrus and Timothee Chalamet in the Class of 2026.
Her global recognition follows her 2017 Hollywood debut and upcoming appearances in films like Kalki 2898 AD and AA22xA6.
Deepika Padukone is the first Indian actress to receive this prestigious honor on the Hollywood Walk of Fame.
💼 Business & Economy
From July 1 and 7, 2025, PNB and Indian Bank respectively stopped charging penalties for not maintaining minimum balance in savings accounts.
Additionally, Indian Bank reduced its one-year lending rate to 9%, providing relief to borrowers.
These moves aim to encourage financial inclusion and provide affordable services to groups like farmers, students, senior citizens, and the low-income sector.
As of July 1, 2025, the RBI reported that ₹6,099 crore worth of ₹2000 notes are still in public hands.
This follows their announced withdrawal on May 19, 2023.
| Metric | Value |
|---|---|
| Original Value in Circulation | ₹3.56 lakh crore |
| Returned to Banks | 98.29% |
| Still in Circulation | ₹6,099 crore |
The remaining notes are still legal tender and can be deposited or sent to RBI offices/post offices.
🌐 International News
On July 6, 2025, Jennifer Geerlings-Simons was elected as Suriname’s first female President.
She assumes office on July 16, facing the enormous challenge of tackling the country’s economic crisis.
Her Plans:
- Enhancing tax revenue
- Better debt management
With offshore oil production anticipated by 2028, the nation looks forward to economic stability under her leadership.
The Mauna Loa Climate Station in Hawaii, renowned for the Keeling Curve, is at risk of shutting down after 65 years due to insufficient U.S. government funding.
This observatory has played a vital role in tracking CO₂ levels, linking them directly to fossil fuel emissions and global warming.
Scientists emphasize that the loss of this long-term data source would severely hinder climate change research and policy planning.
Elon Musk has announced the launch of the America Party, a new U.S. political formation aimed at disrupting the traditional two-party system.
This development follows a public feud with former President Donald Trump, after which Musk resigned from his government advisory role.
The party seeks to fight government inefficiency and increase citizen empowerment.
Status: It remains unregistered and has not yet confirmed a leader.
Lando Norris secured victory at the British Grand Prix on July 6, 2025, overcoming wet track challenges.
Oscar Piastri’s 10-second penalty helped Norris take the lead.
This marks McLaren’s first Silverstone win since 2008.
Mexico defeated the USA 2-1 in the 2025 CONCACAF Gold Cup final in Houston.
Goals by Raul Jimenez and Edson Alvarez secured the win after an early goal by Chris Richards for the U.S.
This is Mexico’s 10th Gold Cup title.
👔 Appointments
The International Cricket Council (ICC) appointed Sanjog Gupta as CEO on July 7, 2025, replacing Geoff Allardice.
Known for his work with Star India and JioStar, Gupta will lead the ICC as cricket prepares for the 2028 Olympics.
Focus Areas: Women’s cricket, fan engagement, and digital innovation.
On July 3, 2025, Amitabh Kant, former NITI Aayog CEO and G20 Sherpa, was appointed Non-Executive Director of IndiGo Airlines.
With a legacy of leading Make in India and Startup India, Kant’s appointment is aligned with IndiGo’s global ambitions.
Sahil Kini, co-founder of Setu and IIT Madras alumnus, was named CEO of the RBI Innovation Hub in July 2025.
He replaces Rajesh Bansal, and brings experience in IndiaStack, Aadhaar, and UPI.
Focus Areas: Inclusive credit, fraud analytics, and fintech development.
Sukanya Sonowal, a B.Tech student from IIT Guwahati, has been selected as a Commonwealth Youth Peace Ambassador for 2025–2027.
She will serve as the Lead – Communications & PR at CYPAN, representing 56 countries.
Co-founder of STEMvibe, she was chosen after a three-stage selection process based on her efforts in leadership, peacebuilding, and outreach.
Aditya Mangla has been appointed CEO of Eternal’s (Zomato’s parent company) food delivery division for two years, effective July 6, 2025.
He succeeds Rakesh Ranjan and brings experience in restaurant partnerships and customer service.
This leadership shift comes amidst antitrust scrutiny involving Zomato.
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