Current Affairs - July 16, 2025
A quick overview of important events and news from July 16, 2025:
National News
- The Supreme Court raised concerns about the misuse of free speech on social media and stressed the importance of self-restraint and regulation.
- The Cabinet approved the "Pradhan Mantri Dhan-Dhanya Krishi Yojana" (PMDDKY) with a substantial annual outlay for boosting agricultural productivity.
- India reached 50% installed electricity capacity from non-fossil fuel sources as of June 30, 2025.
- Gujarat became the first state to join the Cruise Bharat Mission.
- Karnataka Bank appointed Raghavendra S Bhat as interim MD & CEO.
- R Doraiswamy was appointed as MD & CEO of LIC.
- Retail inflation in June 2025 dropped to 2.1%, the lowest since 2018.
- Income tax refunds saw a significant increase in FY25, with reduced processing time.
- The Indian Army conducted the 'Prachand Shakti' exercise in Meerut, showcasing modern technology integration.
- The Indian Navy and the Hellenic Navy conducted a Passing Exercise (PASSEX) in the Arabian Sea.
- CDRS Chauhan emphasized India's need for self-reliance in UAVs and C-UAS.
- Eight new Bills are set to be introduced in the Monsoon Session of Parliament, including the National Sports Governance Bill.
- The AICC OBC Advisory Council demanded a national-level caste census.
- Meghalaya's Rifiness Warjri became the youngest from the state to conquer Mount Everest.
International News
- The Kremlin is monitoring Western weapons supplies to Ukraine.
- A ceasefire was announced between the Syrian government and Druze minority leaders in Sweida.
- Israel bombed Syrian Army headquarters in Damascus.
- UNICEF condemned mass killings in Sudan's North Kordofan.
- The UK ended its ban on Pakistan International Airlines (PIA).
- Jennifer Geerlings-Simons was sworn in as Suriname's first female president.
Science & Technology
- China published a breakthrough in cyborg bee technology.
- Indian astronaut Group Captain Shubhanshu Shukla returned to Earth after his ISS mission.
- A new gecko species, Cnemaspis podihuna, discovered in Assam, provides evidence of an ancient link between Sri Lanka and India's northeast.
Sports News
- In the Japan Open, P.V. Sindhu was eliminated, while Lakshya Sen and the Satwiksairaj Rankireddy-Chirag Shetty pair advanced.
- Grandmasters D. Harika and R. Vaishali reached the pre-quarterfinals of the Women's Chess World Cup.
- Indian GM Aravindh Chithambaram won a chess tournament in Spain.
- Chelsea F.C. won the inaugural FIFA Club World Cup.
- Oliver Rowland clinched the Formula E World Championship.
- West Indies all-rounder Andre Russell announced his retirement from international cricket.
- Barcelona's Lamine Yamal will wear Lionel Messi's former number 10 jersey.
- ICC named Aiden Markram and Hayley Matthews as Player of the Month for June 2025.
Business & Economy
- L&T Technology Services (LTTS) reported a slight increase in Q1 net profit and revenue.
- Tech Mahindra's Q1 net profit saw a sequential decrease.
- ITC Hotels reported a significant jump in Q1 profit due to strong sales.
- Onward Technologies saw a substantial rise in Q1 net profit and revenue.
- HDB Financial Services reported a decrease in Q1 net profit despite operational growth.
- LIC and AU Small Finance Bank partnered for corporate agency.
- Wholesale Price Index (WPI) inflation was negative in June 2025.
- NABARD launched RuralTech CoLab to support rural tech start-ups.
- NCDEX and IMD launched India's first weather derivatives.
- PhonePe maintained its leading position in the UPI market in June 2025.
- Coffee Day Enterprises' shares rose after investor Dolly Khanna's name appeared in the shareholding report.
- The Executive Centre is reportedly planning a significant IPO.
- Indira IVF refiled its draft IPO papers.