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Daily Current Affairs 2nd July 2025 : Your guide for daily General Knowledge Preparation

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This post contains the daily current affairs 2nd July 2025 . It includes all National, International, Business & Sports related to Current Affairs 2nd 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 2nd July, 2025 Current affairs test.

 

National News

RailOne App Launched: Unified Digital Platform for Indian Railways

  • On July 2, 2025, Railway Minister Ashwini Vaishnaw introduced the RailOne mobile application as a consolidated digital platform.
  • The app integrates multiple Indian Railways services, including:
    • Ticket booking
    • PNR enquiry
    • Meal ordering
    • Freight-related queries
  • Key features include:
    • Single sign-on
    • Biometric authentication
    • R-Wallet integration
  • The initiative aims to:
    • Enhance passenger convenience
    • Minimize reliance on multiple apps
    • Support the Digital India mission with a modern and user-friendly interface.

State News

₹1,853 Crore Four-Lane Highway Project in Tamil Nadu Approved

  • The Union Cabinet sanctioned a project worth ₹1,853 crore to upgrade the Paramakudi–Ramanathapuram road in Tamil Nadu.
  • Highlights:
    • Conversion of 46.7 km of NH-87 into a four-lane corridor.
    • Executed under the Hybrid Annuity Mode (HAM).
  • Benefits:
    • Smoother connectivity to major towns and pilgrimage destinations like Rameshwaram.
    • Reduced congestion and improved road safety.
    • Expected to generate 18 lakh person-days of employment.
    • Promote tourism and spur regional economic growth.

Bihar Announces Schemes for Youth & Cultural Welfare

  • The Bihar Cabinet, led by CM Nitish Kumar, approved major initiatives:
    • Mukhya Mantri Pratigya Yojana:
      • Provides internship stipends up to ₹6,000 per month.
    • Kalakar Pension Yojana:
      • Offers ₹3,000 monthly pension to senior artists.
    • Temple Development:
      • ₹882.87 crore allocated for the Punaura Dham temple in Sitamarhi.
  • Additional reforms:
    • Amendments to Bihar Factory Rules to allow women’s participation in hazardous industries.
  • Objectives:
    • Boost employment opportunities
    • Preserve cultural heritage
    • Promote religious tourism ahead of 2025 Assembly elections.

Gujarat Launches Jan Suraksha Santrupti Abhiyan

  • Chief Minister Bhupendra Patel inaugurated this campaign to extend coverage of welfare schemes like:
    • PMJJBY, PMSBY, APY, and Jan Dhan Yojana.
  • Campaign duration: July 1 – September 30, 2025.
  • Key targets:
    • Achieve 100% coverage of eligible beneficiaries.
    • Focus on:
      • KYC updates
      • Awareness on digital fraud prevention
      • Promoting financial inclusion.
  • Impact:
    • Gujarat already has 1.93 crore Jan Dhan accounts with ₹21,000+ crore in deposits.
    • This initiative strengthens equity in public welfare delivery.

International News

India & UAE Partner in Green Steel and Aluminium Production

  • India and the UAE signed a strategic cooperation agreement under the India-UAE CEPA framework.
  • Focus:
    • Production of green steel and high-grade aluminium.
  • Discussion led by:
    • Indian Minister H.D. Kumaraswamy and UAE Minister Abdulla Bin Touq Al Marri.
  • Objectives:
    • Promote sustainable manufacturing and secure resources.
    • Boost trade in strategic sectors like automotive.
  • Key players:
    • Indian CPSEs: SAIL, NMDC, and MECON.
  • A Joint Working Group will oversee the implementation, aligning with India’s $5 trillion economy vision.

Pakistan Takes Over UNSC Presidency for July 2025

  • Pakistan assumed the UN Security Council Presidency for July as part of its non-permanent member tenure.
  • Leadership:
    • Ambassador Asim Iftikhar Ahmad
    • Foreign Minister Ishaq Dar
  • Agenda:
    • Promote multilateralism
    • Peaceful dispute resolution
    • Strengthen OIC collaboration.
  • Significance:
    • Coincides with Pakistan’s leadership of the Taliban Sanctions Committee.
    • Occurs amid global instability, reinforcing Pakistan’s diplomatic role.

Zohran Mamdani Wins NYC Democratic Mayoral Primary

  • Progressive leader Zohran Mamdani defeated former Governor Andrew Cuomo by a 12-point margin in the ranked-choice vote.
  • His campaign focused on:
    • Free public services
    • Rent freeze policies
    • Higher taxes on the wealthy.
  • Victory highlights a shift toward progressive governance, appealing strongly to working-class voters.

Banking News

UPI Records Minor Decline in June 2025

  • UPI transactions in June 2025:
    • 18.40 billion transactions
    • Total value: ₹24.04 lakh crore.
  • Observations:
    • Slight dip compared to the previous month.
    • Year-on-year growth remains strong.
  • Reasons:
    • Seasonal variations.
    • UPI reaching a mature scale.
  • Future outlook:
    • Expansion into new areas like IoT-based payments, embedded credit, and B2B transactions.
  • Current scale:
    • 613 million daily transactions, making UPI central to India’s digital economy.

Appointments News

Kesavan Ramachandran Becomes RBI’s Executive Director

  • Effective July 1, 2025, Kesavan Ramachandran appointed as Executive Director (ED) of RBI.
  • Experience:
    • Over 30 years in banking covering:
      • Risk monitoring
      • Currency management
      • Banking supervision.
  • Role:
    • Head the Prudential Regulation Division under the Department of Regulation.
  • Importance:
    • Strengthens RBI’s regulatory and supervisory framework during evolving financial challenges.

Defense News

INS Udaygiri Inducted into Indian Navy

  • India commissioned INS Udaygiri on July 1, 2025 under Project 17A.
  • Key features:
    • Advanced stealth design
    • Indigenous weapons
    • Multi-role operational capability for blue-water missions.
  • Built in a record 37 months, involving contributions from 200+ MSMEs.
  • Significance:
    • Boosts India’s naval strength and self-reliance in defense manufacturing.

INS Tamal Commissioned in Russia

  • India commissioned INS Tamal, a stealth guided missile frigate, in Kaliningrad, Russia.
  • Built under Project 1135.6, equipped with:
    • BrahMos missiles
    • HUMSA-NG sonar.
  • Importance:
    • Marks the last foreign-built major warship for India.
    • Reinforces Indo-Russian defense partnership.
  • Role:
    • Strengthens the Western Fleet.
    • Future warships will be 100% indigenous, advancing the Aatmanirbhar Bharat vision.

Ranks & Reports News

Global Unicorn Index 2025

  • Hurun Global Unicorn Index 2025 reports:
    • 1,523 unicorns across 52 countries and 307 cities.
    • Combined valuation: $5.6 trillion.
  • Growth since 2019:
    • 120% increase in countries
    • 160% rise in cities.
  • Top 3 countries:
    • USA (758)
    • China (343)
    • India (64).
  • Other countries in top 10:
    • UK, Germany, France, Canada, Israel, South Korea, Singapore.
  • Key hubs:
    • San Francisco, Beijing, Bengaluru.

UN SDG Index 2025

  • Findings:
    • No SDG fully on track for 2030.
    • Only 17% of targets progressing as planned.
  • Improvements:
    • Basic services, infrastructure, and healthcare.
  • Setbacks:
    • Press freedom, corruption, nutrition, environmental sustainability.
  • Top 3 performers:
    • Finland, Sweden, Denmark.
  • Worst performers:
    • South Sudan, Central African Republic, Chad.

Schemes News

Employment Linked Incentive (ELI) Scheme Approved

  • Cabinet sanctioned the ELI Scheme on July 1, 2025.
  • Aim:
    • Generate 3.5 crore jobs in 2 years.
    • Strengthen employability and social security.
  • Outlay: ₹99,446 crore.
  • Benefits:
    • First-time employees: ₹15,000 incentive.
    • Employers: ₹3,000/month subsidy (primarily in manufacturing).
  • Disbursement via:
    • DBT and PAN-linked accounts.
  • Part of India’s employment reform agenda.

₹1 Lakh Crore RDI Scheme for Innovation

  • Approved on July 1, 2025 to promote private-sector R&D.
  • Fund allocation: ₹1 lakh crore.
  • Features:
    • Concessional loans for high-TRL projects.
    • Managed by Anusandhan National Research Foundation (ANRF).
    • Includes a Deep-Tech Fund of Funds.
  • Purpose:
    • Propel India toward global competitiveness in research and strategic self-reliance.

Sports News

New National Sports Policy Cleared

  • Union Cabinet approved the National Sports Policy on July 1, 2025.
  • Vision:
    • Transform India into a sports powerhouse.
  • Focus areas:
    • Athlete-centric programs
    • Mass participation
    • Sports tourism
    • Transparent governance.
  • Integrates education, encourages corporate involvement, and boosts sports goods manufacturing.

Important Days News

World Sports Journalists Day 2025

  • Observed on July 2, 2025.
  • Theme: “Championing Fair Play: Reporting with Integrity and Impact”.
  • Significance:
    • Celebrates the role of sports journalists in:
      • Promoting ethical reporting
      • Supporting media freedom
      • Inspiring global sports enthusiasm.

Obituaries News

Dr. BV Pattabhiram Passes Away at 75

  • Renowned hypnotist, psychologist, and motivational speaker.
  • Died in Hyderabad due to cardiac arrest.
  • Contributions:
    • Conducted mental wellness workshops worldwide.
    • Founded India’s first magic school.
  • Achievements:
    • Degrees in psychology and philosophy.
    • Received global recognition, honorary doctorate, and citizenship awards.
  • His passing is a major loss to the field of mind sciences.