Current Affairs - July 05, 2025 (For Competitive Exams)

This compilation provides key current affairs from July 5, 2025, relevant for competitive examinations in India.

National News

First National Cooperative University Inaugurated: Union Home Minister and Minister of Cooperation, Shri Amit Shah, laid the foundation stone of “Tribhuvan” Sahkari University (TSU) in Anand, Gujarat. This is India's first national-level cooperative university and aims to strengthen cooperative education and innovation, connecting over 200 existing institutions and training many personnel.
MSME Sector's Growing Contribution: Union Minister for MSME, Shri Jitan Ram Manjhi, highlighted the significant role of the MSME sector in India's economy, contributing significantly to GDP, manufacturing, and exports, while also generating a large number of jobs over the past decade. The number of registered MSME units has seen substantial growth in recent years.
Puducherry Leads in TB Elimination: Puducherry has shown strong progress in the National Tuberculosis Elimination Programme (NTEP), with a significant increase in TB testing and a reduction in incidence. The Union Territory utilizes advanced diagnostics for nearly all suspected TB patients.
Equine Disease-Free Compartment (EDFC) Established: India's first International-Level Equine Disease-Free Compartment was established at the RVC Centre & College in Meerut Cantonment, recognized by the World Organisation for Animal Health (WOAH). This facility aims to support the international movement of Indian sport horses while maintaining high biosafety standards.
India Now Third Largest Domestic Aviation Market: India has become the world's third-largest domestic aviation market, attributed to policy support and infrastructure development. There has been a significant increase in the number of airports in the last decade, with plans for further expansion.
Union Minister Inaugurates 'Shrishti' Digital Studio: Union Minister Dr. Jitendra Singh inaugurated the 'Shrishti' digital studio at the Indian Institute of Public Administration (IIPA) in New Delhi. This studio is intended to enhance digital learning and content creation.
Parliament Monsoon Session Dates Announced: The Monsoon session of Parliament was scheduled from July 21 to August 21, 2025.

Economic and Financial News

India Issues WTO Retaliation Notice Against U.S.: India notified the WTO of its intention to impose retaliatory tariffs on U.S. products, following U.S. tariffs on Indian automobiles and parts which India considers a violation of WTO rules.
SAIL Opens First Overseas Office in Dubai: Steel Authority of India Limited (SAIL) opened its first overseas office in Dubai to boost steel exports and strengthen ties in the Middle East and North Africa.
RBI Withdraws Liquidity Through VRRR Auction: The Reserve Bank of India withdrew a significant amount of liquidity from the banking system through a Variable Rate Reverse Repo (VRRR) auction to manage the existing liquidity surplus.
Gujarat Surpasses 1 Crore Registered Investors: According to NSE data, Gujarat is now the third Indian state, after Maharashtra and Uttar Pradesh, to have over 1 crore registered investors. These states together account for a substantial portion of India's total investor base.

International Relations and Events

PM Modi Awarded Trinidad and Tobago's Highest Honour: Prime Minister Narendra Modi received "The Order of the Republic of Trinidad & Tobago," the country's highest civilian award, presented by President Christine Carla Kangaloo. He is the first foreign leader to receive this honor.
Russia Recognizes Taliban Rule in Afghanistan: Russia officially recognized the Taliban government in Afghanistan, being the first country to do so since their takeover.
India's EAM Discusses Regional Issues in China: India's External Affairs Minister visited China for discussions on regional and global matters with his Chinese counterpart.
Kailash Manasarovar Yatra Resumes: The Kailash Manasarovar Yatra resumed in 2025 after a suspension, following diplomatic efforts between India and China.