Current Affairs - July 08, 2025 (For Competitive Exams)

This compilation provides key current affairs from July 8, 2025, relevant for competitive examinations in India.

National News

Prime Minister Modi Concludes BRICS Summit and State Visit to Brazil: Prime Minister Narendra Modi participated in the 17th BRICS Summit in Rio de Janeiro (July 6-7) and concluded his State Visit to Brazil on July 8. His address highlighted India's commitment to climate justice and emphasized the need for reforming global institutions. He also received the 'Key to the City of Buenos Aires' during his visit to Argentina.
NITI Aayog Releases North Eastern Region District SDG Index (2023-24): NITI Aayog released the second edition of the District SDG Index for the North Eastern Region, showing that 85% of districts improved their overall SDG scores. {Link: Pendulumedu.com https://pendulumedu.com/current-affairs/daily-current-affairs-8-july-2025}. This index helps track progress towards Sustainable Development Goals at the district level.
Harvinder Singh Wins Gold at Asian Para-Archery Championships: {Link: Pendulumedu.com https://pendulumedu.com/current-affairs/daily-current-affairs-8-july-2025}. He also secured gold in the mixed recurve event and silver in the men's team recurve event.
India's First National Cooperative University: Union Home Minister Amit Shah laid the foundation stone for India's first National Cooperative University in Anand, Gujarat, named Tribhuvan Sahkari Vishwavidyalaya,. The university aims to provide specialized education, training, and research in cooperative law, management, finance, and rural development.
Lok Sabha Passes Tribhuvan Sahkari University Bill, 2025: The Lok Sabha passed the Tribhuvan Sahkari University Bill, 2025, which aims to establish India's first national cooperative university, to be named after Amul founder Tribhuvan Kashibhai Patel.
S.R.N. Mehta School Wins NASA-NSS Space Design Contest: {Link: Pendulumedu.com https://pendulumedu.com/current-affairs/daily-current-affairs-8-july-2025}.
ICC Appoints Sanjog Gupta as CEO: {Link: Pendulumedu.com https://pendulumedu.com/current-affairs/daily-current-affairs-8-july-2025}.
Monsoon Session of Parliament: The Monsoon session of Parliament is scheduled to be held from July 21 to August 21, 2025.

Economic and Financial News

BRICS Discussions on Alternative Payment Systems: Discussions continued within BRICS about developing alternative payment systems and reducing reliance on traditional financial architectures. The launch of a BRICS Multilateral Guarantee (BMG) mechanism was announced by the New Development Bank (NDB) to mobilize private investment.
Currency in Circulation: RBI reported that currency in circulation rose 7% year-on-year to Rs 38.21 lakh crore.
RBI Liquidity Management: The RBI continues to monitor evolving liquidity conditions and has undertaken measures like OMO purchases of Government of India securities and USD/INR Buy/Sell Swap auctions to manage liquidity in the banking system,.

International Relations and Events

India-Brazil Joint Statement on Cooperation: India and Brazil issued a joint statement following PM Modi's visit, reaffirming their strategic partnership and condemning terrorism,. They also agreed to deepen cooperation in areas like defense, space, digital public infrastructure, and emerging technologies,.
17th BRICS Summit Outcomes: The 17th BRICS Summit in Rio de Janeiro concluded with the Rio de Janeiro Declaration, focusing on global governance reform, sustainable development, and peace and security,. Indonesia was welcomed as a full BRICS member, and 10 new partner countries were added.
India-US Trade Talks Conclude Fifth Round: India and the US completed the fifth round of talks for a proposed Bilateral Trade Agreement (BTA).,
India Rejects WTO Retaliatory Tariffs Claim by US: The US rejected India's claim to impose retaliatory tariffs under WTO rules.
Quad Nations Launch Maritime Observer Mission: The QUAD nations launched their first-ever At Sea Observer Mission to strengthen maritime cooperation in the Indo-Pacific.

Important Days (July 8, 2025)

Fastest Youth ODI Century