National Developments & Governance:
India's political landscape saw a notable change with Vice President Jagdeep Dhankhar tendering his resignation on July 22, 2025, citing health reasons. This occurred on the first day of the Monsoon Session of Parliament, which also experienced disruptions over various issues, including a motion for the removal of Justice Varma. On the judicial front, the Department of Justice announced the appointment of Shri Vinod Kumar and two other Judicial Officers as Judges of the Delhi High Court on July 22, 2025. Additionally, July 22 is observed as National Flag Day, commemorating the adoption of the Tiranga.
Significant policy-related news includes the impending unveiling of the National Cooperative Policy 2025 by Union Home Minister Amit Shah on July 24. The National Skill Development Council (NSDC) has launched new initiatives under the Skill India Mission, including the IndiaSkills 2025-26 Operational Guidelines and SOAR (Skilling for AI Readiness), aiming to further develop India's skilled workforce. Furthermore, the NSCSTI 2.0 Framework has been launched to upgrade civil services training across India.
Economic & Financial Updates:
India's economy continues its robust growth, having crossed the $4 trillion GDP mark in nominal terms, making it the world's fourth-largest economy. The nation is on track to become a $5 trillion economy by 2030, with projections of annual growth exceeding seven percent. The National Bank for Agriculture and Rural Development (NABARD) celebrated its 44th Foundation Day on July 22, reaffirming its commitment to financial inclusion. In the banking sector, the State Bank of India (SBI) plans to raise ā¹25,000 crore via a Qualified Institutional Placement (QIP), and NSDL Payments Bank has been added to the RBI's Second Schedule. The Comptroller and Auditor General of India (CAG) flagged lapses worth ā¹573 crore in the Indian Railways. Effective July 1, 2025, Indian Railways implemented a marginal fare hike, the first since 2020. Separately, the cryptocurrency platform CoinDCX reported a cyberattack resulting in a loss of approximately ā¹380 crore.
International Relations:
Prime Minister Narendra Modi is set to embark on a two-nation tour, visiting the United Kingdom from July 23-24 and the Maldives from July 25-26. The UK visit aims to strengthen the Comprehensive Strategic Partnership, with a focus on signing the India-UK Free Trade Agreement (FTA). In the Maldives, PM Modi will be the Guest of Honour at the country's 60th Independence Day celebrations, and discussions may include a Line of Credit from India. India has also engaged in high-level meetings with Taliban representatives, signaling a cautious yet deepening engagement. Reports also highlight an ongoing cyber rivalry between India and Pakistan following recent military tensions.
Science, Technology & Achievements:
Karnataka is actively positioning itself as India's Quantum Hub, with significant investments in a Quantum Research Park at IISc and plans for the Quantum India Summit 2025. In space technology, ISRO has outlined ambitious plans for a space station by 2035 and a moon mission by 2040. The Indian Council of Medical Research (ICMR) is set to commercialize an indigenous malaria vaccine. Recent successful defense tests include the Akash Prime at high-altitude and the Prithvi-II and Agni-I ballistic missiles. India also showcased its intellectual prowess by securing the 7th rank globally at the International Mathematical Olympiad 2025. The 'Meri Panchayat App' received the WSIS Champion Award 2025 for Digital Governance, and the Indian National Centre for Ocean Information Services (INCOIS) was awarded the National Geospatial Practitioner Award 2025.