Daily Current Affairs 7th July 2025, Important News Headlines (Daily GK Update)

• India has been named the fourth most equal country in the world by the World Bank, with a Gini Index of 25.5 in 2025.
• This is a major achievement for a country of over a billion people.
• The report highlights a sharp drop in extreme poverty, from 16.2% in 2011 to 2.3% in 2023, with 171 million people moving out of poverty.
• Several government schemes like Jan Dhan Yojana, Aadhaar, DBT, Ayushman Bharat, and Stand-Up India have helped make this possible.
• These efforts have made India more equal than many rich countries and show the success of combining economic growth with strong social support.

• Himachal Pradesh has launched India’s first Aadhaar-based Face Authentication (FaceAuth) system for ration distribution under the Public Distribution System (PDS) in July 2025.
• The system uses a smartphone camera to verify a person’s face instead of OTP or fingerprints.
• This new method, led by the Department of Digital Technologies and Governance (DDTG) and supported by Gokul Butail, aims to fix past issues and ensure smoother and faster service.
• Himachal’s initiative marks a big move toward digital and inclusive governance.

International News

Jennifer Geerlings-Simons Becomes Suriname’s First Woman President

• On July 6, 2025, Jennifer Geerlings-Simons was elected as Suriname’s first female President.
• She will take office on July 16 and faces the huge task of fixing the country’s troubled economy.
• The previous government had taken help from the IMF and reduced subsidies, which caused protests.
• Simons plans to improve tax collection and manage the country’s debt.
• Suriname is also waiting for its offshore oil production to begin in 2028, which could bring economic relief.
• The country hopes her leadership will bring stability and progress.

Mauna Loa Climate Station Faces Shutdown After 65 Years

• Indian Bank and Punjab National Bank (PNB) have waived minimum balance penalties for savings account holders starting from July 7 and July 1, 2025, respectively.
• Indian Bank also reduced its one-year lending rate to 9%, offering relief to loan borrowers.
• These steps are aimed at boosting financial inclusion and making banking easier, cheaper, and more accessible for all—especially students, senior citizens, farmers, and low-income families.

₹2000 Notes Worth ₹6,099 Crore Still in Use: RBI

• The Reserve Bank of India (RBI) said on July 1, 2025, that ₹2000 notes worth ₹6,099 crore are still in circulation, even though it announced their withdrawal on May 19, 2023.
• Out of the original ₹3.56 lakh crore, 98.29% has been returned.
• People can still deposit or send these notes through RBI offices or post offices.
• The ₹2000 note is still legal but is being gradually removed from use.

Appointment News

IndiGo Names Amitabh Kant as Non-Executive Director

• On July 3, 2025, IndiGo Airlines appointed Amitabh Kant as a Non-Executive Director on its Board of Directors. Kant, a former NITI Aayog CEO and G20 Sherpa, has played major roles in national campaigns like Make in India and Startup India.
• He brings years of leadership experience to IndiGo.
• He praised the airline’s growth and said he looks forward to helping IndiGo connect India with global markets.
• This appointment highlights IndiGo’s global ambitions and commitment to efficiency and innovation.

Sahil Kini Named New CEO of RBI Innovation Hub

• Sahil Kini, an IIT Madras graduate and co-founder of Setu, has been appointed as the new CEO of the Reserve Bank Innovation Hub (RBIH) in July 2025.
• He replaces Rajesh Bansal, who led the hub for four years.
• The RBIH, located in Bengaluru, was launched in 2022 to promote innovation in financial services and support digital financial infrastructure.
• Kini’s experience in IndiaStack, Aadhaar, and UPI is expected to help take the hub’s work forward in areas like inclusive credit, fraud detection, and fintech collaboration.

Sukanya Sonowal Becomes Commonwealth Youth Peace Ambassador

• Sukanya Sonowal, a B.Tech. student from IIT Guwahati, has been named a Commonwealth Youth Peace Ambassador for the 2025–2027 term.
• She will serve as Lead – Communications & Public Relations in the Commonwealth Youth Peace Ambassadors Network (CYPAN), which works to build peace across 56 member countries.
• Sukanya is also the co-founder of STEMvibe and has led several youth projects and competitions.
• She was selected through a three-stage process for her strong work in leadership, outreach, and peacebuilding.
• Her success brings pride to her home state Assam, her institute IIT Guwahati, and the entire country.

ICC Appoints Sanjog Gupta as Chief Executive Officer

Awards News

Deepika Padukone Gets Hollywood Walk of Fame Star

• Deepika Padukone has become the first Indian actress to be honoured with a Hollywood Walk of Fame star, announced on July 3, 2025, in Hollywood.
• She will receive the star as part of the Class of 2026, along with famous names like Miley Cyrus, Timothee Chalamet, and Emily Blunt.
• Deepika made her Hollywood debut in 2017 and has since gained global fame through her movies and public appearances.
• She will soon appear in big films such as Kalki 2898 AD, AA22xA6, and King.
• This honour celebrates her achievements and puts Indian cinema in the global spotlight.

PM Modi Honored With ‘Key to the City of Buenos Aires’

Schemes News

Pandit Deendayal Upadhyay Poverty-Free Village Scheme

• The Rajasthan government has launched the Pandit Deendayal Upadhyay Poverty-Free Village Scheme on July 4, 2025, to support BPL families in 5,000 villages.
• The plan offers up to Rs 1 lakh for job and business help, and Rs 15,000 for women in SHGs.
• Families who moved out of poverty will receive Rs 21,000 as a reward and Atmanirbhar Parivar Cards.
• So far, 30,631 families have been identified, and 61,000 applications have been received.
• The government is also creating village-wise plans to connect families with skill and job programs.
• This step is a major effort to reduce rural poverty and build self-reliant villages in Rajasthan.

• Prime Minister Narendra Modi took part in the 17th BRICS Summit in Rio de Janeiro, Brazil from 6–7 July 2025.
• He addressed major global issues like reforming international institutions, fighting terrorism, and promoting responsible Artificial Intelligence.
• He strongly condemned the Pahalgam terror attack and called for a united global stand against terrorism.
• Modi also suggested new ways to improve BRICS cooperation, including support for the Global South and securing mineral supply chains.
• The summit ended with the adoption of the ‘Rio de Janeiro Declaration’, which reflects the shared vision of BRICS countries for a fairer and more secure world.

BRICS Strongly Condemns Pahalgam Attack at Rio Summit – Rio de Janeiro Declaration

• The 17th BRICS Summit, held on 6–7 July 2025 in Rio de Janeiro, brought leaders together under the theme “Strengthening Global South Cooperation.”
• They adopted the Rio Declaration, welcomed Indonesia as a new member, and launched three big initiatives on climate finance, AI governance, and health care.
• Prime Minister Narendra Modi highlighted India’s support for global reform, digital growth, and a stronger voice for the Global South.
• The summit called for major changes in international bodies and promoted peace, cooperation, and equality.

Science & Technology News

India Launches National Biobank for Health Research