Daily Current Affairs – 10 July 2025 | Top National & Global News for UPSC, SSC, Bank Exams

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🗓️ Daily GK Update – 10th July 2025: National, Economy, Awards, Defence & More!



Stay updated with the key current affairs of July 10, 2025, covering governance, economy, international relations, defense, awards, literature, and science. This comprehensive GK update is essential for aspirants of UPSC, SSC, Banking, and other competitive exams. Let’s dive into today’s most relevant headlines:


🇮🇳 National News

📮 Stamp Released to Mark Syama Prasad Mookerjee’s 125th Birth Anniversary

·         The Department of Posts released a commemorative stamp on July 9, 2025, to honour Syama Prasad Mookerjee.

·         The event was held at Siri Fort Auditorium, New Delhi, and featured exhibitions, cultural programs, and a short documentary on his life.

·         The stamp, designed by Smt. Nenu Gupta, symbolizes Mookerjee’s contributions to education, national unity, and constitutional development.

·         Top dignitaries and Union Ministers were present during the launch.


🏙️ State News

🚌 Delhi Unveils ‘Saheli Card’ for Free Bus Travel

·         Delhi Transport Corporation (DTC) is replacing its Pink Ticket system with the ‘Saheli Smart Card’.

·         Exclusive to women and transgender individuals residing in Delhi, the card requires Aadhaar and address proof.

·         The initiative aims to prevent misuse and modernize public transport with QR-based ticketing, NCMC integration, and mobile applications.

·         It’s part of a larger digital roadmap for seamless urban transport in the capital.


🏦 Banking & Finance

💳 All Government Payments Over ₹75 Crore via RBI e-Kuber from July 16

·         Starting July 16, 2025, any central government payment above ₹75 crore must go through RBI’s e-Kuber platform.

·         This is a significant reduction from the earlier limit of ₹500 crore.

·         The move will enable real-time payment tracking, faster reconciliation (within 24 hours), and aims to enhance transparency.

·         Future plans may bring down the threshold to ₹50 crore, enhancing fiscal discipline and efficiency.

🏛️ Public Sector Banks to Raise ₹45,000 Crore in FY26

·         Indian Public Sector Banks (PSBs) will collectively raise ₹45,000 crore via Qualified Institutional Placements (QIP).

·         The plan starts with SBI, and is in line with the government's ₹47,000 crore disinvestment agenda for FY26.

·         The government also targets completing IDBI Bank’s stake sale by October 2025.

·         This strategy is geared towards capital infusion, strengthening public banks, and boosting private participation in banking.


💼 Business & Economy

📈 Nvidia Becomes First Public Company to Hit $4 Trillion Market Cap

·         Nvidia reached a historic $4 trillion market capitalization after a 1,350% rise since October 2022.

·         It now leads the S&P 500 Index, overtaking tech giants like Apple and Microsoft.

·         This milestone highlights the increasing dominance of AI-driven tech in the global economic landscape.


🤝 Bilateral Agreements

🇮🇳🤝🇳🇦 India-Namibia Sign MoUs During PM Modi’s Visit

·         PM Narendra Modi’s state visit to Namibia led to two crucial MoUs:

·         Entrepreneurship Development Center

·         Cooperation in Health & Medicine

·         Namibia joined India-led platforms like CDRI and Global Biofuels Alliance (GBA).

·         Namibia became the first country to license India's UPI technology, boosting digital collaboration and India-Africa economic ties.


🏅 Awards & Honours

🏆 PM Modi Receives Namibia’s Highest Civilian Honour

·         PM Modi was conferred the ‘Order of the Most Ancient Welwitschia Mirabilis’.

·         Presented by President Netumbo Nandi-Ndaitwah, the award celebrates Modi’s diplomatic leadership.

·         He dedicated the honour to the people of India, reinforcing Indo-Namibian friendship.

📚 Sarankumar Limbale Wins Chintha Raveendran Award 2025

·         Eminent Marathi author Sarankumar Limbale was awarded the Chintha Raveendran Award 2025.

·         Includes ₹50,000 in cash, a memento, and a citation.

·         To be presented on July 26 in Kozhikode, with a keynote by Subhashini Ali.

·         The award recognizes his exceptional contribution to Dalit literature and social reform.


📖 Books & Authors

💌 “Das Paise Ka Postcard” Revives Letter-Writing Nostalgia

·         Retired Army Officer S.N. Ahmed launched his book “Das Paise Ka Postcard” on July 10 in Hyderabad.

·         Celebrates the emotional and cultural value of handwritten letters.

·         Actor Vinay Varma released the book, which will soon be adapted into a stage play.

·         The work aims to rekindle the charm of personal communication in the digital age.


🛡️ Defense & Maritime

🚢 INS Nistar: India’s First Indigenous Diving Support Ship

·         The Indian Navy received INS Nistar from Hindustan Shipyard Limited (HSL) on July 9.

·         75% indigenous, the vessel is capable of:

·         Deep-sea diving (up to 300m)

·         Rescue operations for submariners using DSRV

·         ROV deployment up to 1000m

·         This bolsters India’s deep-sea operational capabilities under Aatmanirbhar Bharat.

India-Japan Begin Maritime Drill in Chennai

·         Japanese Coast Guard Ship JCGS Itsukushima arrived at Chennai Port for a six-day drill.

·         The exercise titled ‘Jaa Mata’ involves joint sea operations, official interactions, and port engagements.

·         Reinforces bilateral maritime ties and supports regional goals like SAGAR and Indo-Pacific Oceans Initiative.


📊 Ranks & Reports

🌍 UNCTAD Report Flags Global Slowdown, Sees India as a Bright Spot

·         Trade & Development Foresights 2025 by UNCTAD predicts:

·         Global growth at 2.3%

·         Recession risks due to policy volatility and rising debt

·         India stands out due to:

·         Strong domestic demand

·         Stable macroeconomics

·         High IT and service exports

·         Concerns include:

·         Shrinking global trade

·         High borrowing costs

·         Reduced development aid affecting SDG progress


🚜 Government Schemes

🌾 10 Years of PM Fasal Bima Yojana (PMFBY)

·         Dr. Lavanya R. Mundayur, AIC Chief, reflected on a decade of PMFBY.

·         Key takeaways:

·         Positive growth in non-loanee farmer coverage

·         Need for more central funding, a uniform model, and third-party audits

·         Goal: Make PMFBY affordable, transparent, and effective for small and marginal farmers.

👩‍💻 Andhra Pradesh Launches Digi-Lakshmi Scheme

·         Launched June 30, the Digi-Lakshmi scheme empowers urban women entrepreneurs.

·         Set to establish 9,034 Common Service Centres (ATOM Kiosks) run by SHG women.

·         Services Offered: 250+ government and financial services.

·         Women will get training and loans (₹2–2.5 lakh) under the ‘One Family, One Entrepreneur’ mission.


🌽 Summits & Conferences

🌽 11th India Maize Summit: Towards a Maize Revolution

·         Held on July 7, 2025, in New Delhi with Minister Shivraj Singh Chouhan.

·         Focused on:

·         Tech-driven maize farming

·         Biofuel integration

·         Climate-smart agriculture

·         Uttar Pradesh showcased its success under the Accelerated Maize Development Program.

India Energy Storage Week 2025

·         Inaugurated by Minister Harsh Malhotra at Yashobhoomi, Delhi.

·         Key themes:

·         Clean mobility via FAME-IIPM e-Drive

·         Battery tech, EV infrastructure, and green logistics

·         Part of India’s push to meet the Net Zero 2070 target and generate 500GW of green energy by 2030.


🔬 Science & Technology

💊 Switzerland Approves Infant Malaria Drug by Novartis

·         On July 9Swissmedic approved the first malaria drug for infants weighing 2–5 kg.

·         Novartis developed the medicine for non-profit distribution across malaria-hit nations.

·         A vital step in protecting vulnerable children in Africa and Asia.

🎙️ Kalaa Setu Challenge to Boost AI in Regional Languages

·         Launched by the Ministry of Information & Broadcasting via the WaveX Platform.

·         AI startups are invited to build multilingual AI tools for audio/video/graphic translation.

·         Part of the broader WAVES initiative promoting media innovation and language equity.

🦟 Andhra Pradesh Launches AI-Based Mosquito Surveillance

·         Introduced in 66 urban zones, the Smart Mosquito Surveillance System (SMoSS) uses:

·         Smart sensors

·         Drones

·         Health data

·         Targets mosquito-borne diseases like dengue and malaria.

·         Promotes AI-powered public health solutions and faster interventions.


🌳 Environment & Biodiversity

🌿 New Garcinia Tree Species Discovered in Assam

·         Botanist Jatindra Sarma discovered Garcinia kusumae in Baksa district, Assam.

·         Named after his late mother, Kusum Devi.

·         Features distinct flowers and medicinal properties, contributing to India's rich botanical heritage.

·         Assam now houses 12 Garcinia species, emphasizing biodiversity conservation.


📌 Conclusion

From global milestones like Nvidia’s $4 trillion valuation to India’s achievements in digital diplomacy, defense, agriculture, and climate actionJuly 10, 2025, was packed with significant developments. These updates are crucial for building a holistic current affairs foundation for competitive exams.


Stay informed. Stay ahead. 📚✨

🔗 Sources:

·         Press Information Bureau

·         UNCTAD Reports

·         Ministry of Defence

·         Andhra Pradesh Government Portal

·         Delhi Government Transport Updates

 

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