Daily Current Affairs 23rd July 2025: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains the daily current affairs 23rd July 2025. It includes all National, International, Business & Sports related to Current Affairs 23rd 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 23rd July, 2025 Current affairs test.
National News
- India Records 44% Increase in IP Filings over Last Five Years
- Significant growth attributed to patent law reforms, fee reductions for startups and MSMEs, digitalization of IP offices, and increased awareness through the National Intellectual Property Awareness Mission (NIPAM).
- Geographic Indication (GI) applications grew by 380%, bolstered by AI tools, IP Dashboard, and Startup Intellectual Property Protection (SIPP) scheme.
- These developments underscore a modern, inclusive IP environment supporting innovation, simplified filing processes, and economic growth.
- 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.
- Alongside clauses (b) and (c), it outlines a structured procedure for vacancy.
- As per Article 68(2), a new election must occur within 60 days of the resignation or removal.
- Electoral college comprising Lok Sabha and Rajya Sabha members elects the Vice President.
- Recent resignation by Vice President Jagdeep Dhankhar illustrates the practical application of these constitutional provisions.
- Concerns Over Counterfeit Biostimulants Raised by Agriculture Minister
- 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.
- Minister urged for stricter regulations, scientific verification, and greater accountability, emphasizing farmers’ interests.
- Issue spotlighted following Chouhan’s direct interactions with farmers during Viksit Krishi Sankalp Abhiyan tour.
- World’s Largest Grain Storage Plan in Cooperative Sector Initiated
- Aimed at enhancing agricultural infrastructure at Primary Agricultural Credit Society (PACS) level, including storage, processing facilities, and Fair Price Shops.
- Over 500 PACS selected under scheme, targeting universal village coverage.
- Financial investment of ₹2,925 crore earmarked for computerization to boost storage, empower farmers, and strengthen supply chains.
- India Screens 6 Crore Individuals for Sickle Cell Anemia
- Under National Sickle Cell Anemia Elimination Mission, launched July 2023, India screened 6 crore individuals using Point-of-Care Testing (POCT) kits.
- Identified 2.15 lakh affected individuals; distributed 2.6 crore health cards.
- Mission aims to eliminate disease by 2047 through comprehensive screening, awareness campaigns, and counseling.
- Madhya Pradesh, Gujarat, Odisha lead implementation efforts.
- Digital platform centralizes national data and monitors mission outcomes.
- Jharkhand Launches India’s First Mining Tourism Initiative
- Supported by Central Coalfields Limited (CCL) and overseen by Jharkhand Tourism Development Corporation (JTDC).
- Pilot phase covers North Urimari (Birsa) coal mine, including visits to mines, temples, and valleys via Rajrappa and Patratu routes.
- Project aims to foster alternative tourism, employment opportunities, and preserve industrial heritage.
- Further plans include Eco-Mining Circuits and a Religious Circuit.
International News
- Ashoka Pillar Replica Installed in Sri Lanka
- A replica unveiled at Sri Subhuthi Viharaya in Waskaduwa, Sri Lanka, funded by Kyabje Ling Rinpoche and the Government of India.
- 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
- India-UK Comprehensive Economic and Trade Agreement (CETA) 2025 targets $120 billion trade by 2030.
- Removes tariffs on key exports and eases imports from the UK, covering services, innovation, and intellectual property rights.
- Agreement also includes Double Contribution Convention to aid Indian professionals overseas.
- US Withdraws from UNESCO Again
- The US exits UNESCO under President Donald Trump, citing ideological biases and anti-Israel stances.
- Reflects earlier withdrawal reversed by Joe Biden.
- Israel supports, while UNESCO officials criticize the move, potentially diminishing US influence and boosting China’s position.
- Significant Earthquakes in Russia’s Kamchatka Peninsula
- Region experienced multiple earthquakes, strongest reaching 7.4 magnitude.
- Located along Pacific Ring of Fire, prone to frequent tectonic activities.
- Initial tsunami alerts were issued but posed no major threat.
Banking News
- Public Sector Banks Write Off ₹12 Lakh Crore NPAs in 9 Years
- NPAs amounting to ₹12.08 lakh crore written off between FY16-FY25.
- Recovery efforts continue under various frameworks.
- Wilful defaulters owe ₹1.62 lakh crore; over ₹25,000 crore recovered.
- PSBs continue active recruitment with 96% staff coverage.
Economy News
- India’s Gross NPAs Drop Significantly
- NPAs reduced from 9.11% (2021) to 2.58% (2025).
- Improvements due to regulatory reforms, digital auctions, and stringent norms.
- India Ratings Lowers FY26 Growth Outlook
- GDP growth forecast reduced to 6.3%, citing global economic pressures.
- Projected inflation remains moderate, with rural demand supported by low CPI.
Awards News
- Suhani Shah Wins Prestigious FISM 2025 Award
- Rajasthan’s mentalist Suhani Shah becomes first Indian winner at the “Oscar for Magicians”.
- Recognized in the Best Magic Creator category at the FISM championship in Italy.
Defense News
- IAF Phases Out MiG-21 Jets
- MiG-21 jets retiring by September 2025, marking end of 60 years’ service.
- Replaced by indigenous LCA Tejas Mark 1A, aligning with modernization goals.
- Indian Army Receives Apache Helicopters
- First batch of Apache AH-64E helicopters inducted, significantly enhancing combat capabilities and border defense.
Ranks & Reports News
- World Bank Highlights Job Growth and Climate Risks in Indian Cities
- Indian cities projected to create 70% of jobs by 2030 but face severe climate threats.
- Recommended investment in resilient infrastructure exceeds $2.4 trillion by 2050.
Sports News
- National Sports Governance Bill 2025 Introduced
- Brings BCCI under RTI, reforms sports governance structure, and ensures compliance with Olympic Charter.
- Supports India’s 2036 Olympic bid through enhanced transparency and governance.
- Delhi Government Enhances Rewards for Olympic & Paralympic Medalists
- Under Mukhyamantri Khel Protsahan Yojana, gold medalists to receive ₹7 crore, silver ₹5 crore, bronze ₹3 crore.
- Additional benefits include Grade A jobs for Olympic medalists.
- Also announced ₹3 crore reward for Asian Games gold winners.
- Introduced Mukhyamantri Digital Education Scheme for laptops to 1,200 deserving students and upgrades to government school computer labs.