National News

IICA North-East Conclave 2025

• The IICA North-East Conclave 2025 is being organized in Shillong on 11–12 July 2025 under the aegis of the Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, Government of India.

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Financial Assistance to Six States

• The Central Government has approved the release of ₹1,066.80 crore as financial assistance under the State Disaster Response Fund (SDRF) for six states affected by floods and landslides.
• This financial assistance will benefit the states of Assam, Manipur, Meghalaya, Mizoram, Kerala, and Uttarakhand.

State Disaster Response Fund (SDRF):

TALASH Programme

• The National Education Society for Tribal Students (NESTS), in collaboration with UNICEF India, has launched the "TALASH" programme for tribal students.
• This initiative is specifically designed for over 1.3 lakh tribal students studying in Eklavya Model Residential Schools (EMRS).

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MoU between NESTS and TML

• The National Education Society for Tribal Students (NESTS) signed a Memorandum of Understanding (MoU) with Tata Motors Limited (TML).
• This five-year agreement aims to provide skill-based education and employment opportunities to tribal students who have passed Class 12 from Eklavya Model Residential Schools (EMRS).

National Education Society for Tribal Students (NESTS):

State Special News

Commission Formed for Glacial Disasters

• The Sikkim Government has constituted a 13-member commission to address glacial disasters.
• This commission was formed in the wake of the devastating Glacial Lake Outburst Flood (GLOF) that occurred in Sikkim on 4 October 2023.

Sikkim :

"Operation Kaalnemi"

• "Operation Kaalnemi" has been launched in Uttarakhand to crack down on impostors and fake godmen.
• The name of the operation is derived from Kaalnemi, a demon in the Ramayana, who disguised himself as a sage to mislead people.

Uttarakhand:

Approval of Gaj Mitra Scheme

• The Assam Cabinet has approved the Gaj Mitra Scheme, aimed at reducing the rising human-elephant conflict in the state.
• The scheme will focus on creating permanent habitats for elephants in 80 conflict-prone areas, including the plantation of bamboo and Napier grass, which are key components of an elephant’s diet.

Assam :

International News

A new AI system called BioEmu-1 developed

• Microsoft has developed a new AI system called BioMolecular Emulator-1 (BioEmu-1), which will help in understanding the structural dynamics of proteins and accelerate drug discovery.
• This deep learning model can generate thousands of protein structures per hour on a single GPU, giving results in a few hours instead of years compared to traditional molecular dynamics simulations.

Microsoft:

Economy and Banking

Excel Utility for ITR-2 and ITR-3 Released

• The Income Tax Department released the Excel utility for ITR-2 and ITR-3 forms on 11 July 2025 for the Financial Year 2024–25 (Assessment Year 2025–26).
• Now, taxpayers with capital gains, crypto income, or special categories of income can file their Income Tax Returns using offline Excel utilities.

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Impact of UPI

• According to a recent note by the International Monetary Fund (IMF), India has emerged as a global leader in fast payments owing to the widespread and successful adoption of the Unified Payments Interface (UPI).
• The IMF has described UPI as the foundation of India's digital payment revolution.

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Art and Culture

India’s First Global Conference on Manuscript Heritage

• The Ministry of Culture, Government of India has announced the first-ever global conference dedicated to India’s rich manuscript heritage to promote its preservation and dissemination.
• This conference is being organized in honour of Swami Vivekananda’s historic speech delivered on 11 September 1893 at the Parliament of World Religions.

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Person In News

Sachin Tendulkar

• Before the start of the third Test match between India and England in London, a portrait of Sachin Tendulkar was unveiled at the MCC Museum at Lord’s.
• The portrait was painted by renowned artist Sarah Goddard.

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Priya Nair

• Priya Nair has become the first woman CEO of Hindustan Unilever Limited (HUL).
• She has been appointed as the Chief Executive Officer (CEO) and Managing Director (MD) of the company with effect from 1 August 2025.

Hindustan Unilever Limited (HUL):

Important Days

World Population Day

• World Population Day is celebrated every year on 11 July to raise awareness about the challenges and opportunities associated with global population growth.
• At present (2025), the world population has crossed 8.1 billion, and India has become the most populous country in the world, followed by China, USA, Indonesia, Pakistan, Nigeria, Brazil, Bangladesh, Russia and Ethiopia, respectively.

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