National News

“Manthan Meeting” under the International Year of Cooperatives – 2025

• On the occasion of the International Year of Cooperatives – 2025, Union Cooperation Minister Amit Shah chaired the “Manthan Meeting” held in New Delhi.
• On 19 June 2024, the United Nations General Assembly declared the year 2025 as the “International Year of Cooperatives”, which will be observed with the theme: “Cooperatives Build a Better World.”

Constitutional Status of Cooperatives in India:

10 Years of Digital India Initiative

• On 1st July 2025, the Digital India Initiative completed 10 years.
• This flagship initiative was launched on 1st July 2015 by Prime Minister Narendra Modi, with the objective of transforming India into a digitally empowered and technologically advanced society.

Digital India Initiative:

Inauguration of ASEAN-India Cruise Dialogue

• Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal inaugurated the first-ever ASEAN-India Cruise Dialogue on 30th June 2025 in Chennai.
• The dialogue was held onboard the MV Empress at Chennai Port, with the participation of over 30 delegates from the ten ASEAN countries as well as Timor-Leste.

Solar Energy Corporation of India (SECI)

• The Solar Energy Corporation of India (SECI) Limited has achieved a significant milestone by executing Power Sale Agreements (PSAs) for over 60 gigawatts (GW) of renewable energy capacity.
• This capacity aligns with India’s energy transition policy, which aims to achieve the national target of 500 GW of renewable energy by the year 2030.

Solar Energy Corporation of India (SECI) Limited :

"RailOne" – Indian Railways' New Super App

• On 1st July 2025, Union Railway Minister Ashwini Vaishnaw launched Indian Railways' new super app "RailOne" during the 40th Foundation Day celebration of CRIS (Centre for Railway Information Systems).
• This app serves as a one-stop solution for all rail passenger services and is available on both Android Play Store and iOS App Store platforms.

Indian Railways:

International News

Fourth International Conference on Financing for Development (FfD4)

• The Fourth International Conference on Financing for Development (FfD4) is being held from 30th June to 3rd July 2025 in Seville, Spain.
• The objective of the conference is to facilitate global discussions on the challenges and opportunities related to financing for achieving the Sustainable Development Goals (SDGs).

Related Facts:

Meeting of QUAD Foreign Ministers

• The QUAD Foreign Ministers' Meeting was hosted by the United States on 1st July 2025 in Washington, D.C.
• The meeting was attended by the Foreign Ministers of the four QUAD countries: India, the United States, Japan, and Australia.

QUAD:

‘Quad at Sea Ship Observer Mission’

• For the first time, the Coast Guards of India, Japan, the United States, and Australia have launched the ‘Quad at Sea Ship Observer Mission’ to enhance maritime cooperation in the Indo-Pacific region.
• This historic multilateral initiative involves the deployment of two Coast Guard officers from each of the four QUAD countries, including female officers, aboard the USCGC Stratton, a United States Coast Guard vessel. They will jointly participate in maritime surveillance and security operations.

Related Facts:

Sports News

Wimbledon 2025

• The third Grand Slam tournament of the tennis calendar, Wimbledon 2025, kicked off at the All England Club in London.
• The prestigious tournament will begin on June 30, 2025 and end with the men's singles final on July 13, 2025.

Grand Slams of Tennis:

Appointments

Rear Admiral V. Ganapathi

• Rear Admiral V. Ganapathi of the Indian Navy assumed charge as the Commandant of the Military Institute of Technology (MILIT), Pune, on 30th June 2025.
• This institute functions under the Headquarters Integrated Defence Staff (HQ IDS) and provides advanced military technology training to mid-career officers from the Army, Navy, Air Force, and friendly foreign nations.

Indian Navy :

Air Marshal S. Shivkumar

• Air Marshal S. Shivkumar, VSM, has assumed charge as the Air Officer-in-Charge Administration (AOA) at the Air Headquarters in New Delhi.

Indian Air Force (IAF):

Economy and Banking

GNPA at Historic Low

• According to the June 2025 Biannual Financial Stability Report (FSR) released by the Reserve Bank of India (RBI), the Gross Non-Performing Assets (GNPA) of banks stood at 2.3% in March 2025, marking the lowest level in decades.
• The RBI has projected that this rate may slightly rise to 2.5% by March 2027.

According to the report:

8 Years of GST in India

• The Goods and Services Tax (GST) was introduced in India on 1st July 2017, and it has now completed 8 years of implementation.
• It was presented in Parliament under the leadership of the then Finance Minister Arun Jaitley, and was enacted under the 101st Constitutional Amendment Act, 2016.

Goods and Services Tax (GST):

Important Days

National Doctors’ Day (India)

• In India, National Doctors’ Day is observed every year on 1st July to honor the contribution, service, and dedication of doctors across the country.
• The day also commemorates both the birth and death anniversary of Dr. Bidhan Chandra Roy — a renowned physician, freedom fighter, and former Chief Minister of West Bengal, who is considered one of the most respected doctors in Indian history.

National Doctor's Day:

National Chartered Accountants Day (India)

• National Chartered Accountants (CA) Day is celebrated every year on 1st July to honor the contribution and professional excellence of Indian Chartered Accountants in the country’s economic development.
• The day marks the foundation of the Institute of Chartered Accountants of India (ICAI), which was established on 1st July 1949.

Related Facts: