Daily GK Update – July 5, 2025: The Ultimate Guide for UPSC, SSC, and Banking Aspirants
Stay updated with the most relevant and
exam-focused current affairs from July 5, 2025. This comprehensive summary
covers national, international, economic, defense, awards, sports, and
technological developments to help you ace your competitive exams.
🇮🇳 National News
🔻 Government Slashes Toll Rates on National Highways
- Date Announced: July
2, 2025
- The Ministry of Road Transport and Highways (MoRTH) revised toll
rates, offering up to 50% reduction for stretches with tunnels,
bridges, flyovers, and elevated roads.
- The new formula ensures toll is charged based on the lesser
value between two calculations.
- Objective: Lower travel costs and promote use of
critical infrastructure.
- An NHAI official noted it benefits both commuters and national
highway development.
🏙️ Puri Declared Odisha’s Sixth Municipal Corporation
- Announced by: CM
Mohan Charan Majhi
- Date: July 5, 2025
- This announcement coincides with the Bahuda Yatra.
- Aims to improve urban management and accommodate increasing
footfall.
- Also planned: Jagannath Museum, Library, and Research Centre
to showcase Odia heritage.
🌐 International
News
♻️ EU Sets New 2040 Climate Goals with Flexibility
- Target: Reduce greenhouse gas emissions by 90%
by 2040.
- Goal: Achieve carbon neutrality by 2050.
- International carbon credits up to 3% allowed starting 2036.
- Criticism: Climate activists fear it could dilute
real emission reductions.
- Supported by leaders like Ursula von der Leyen and Wopke
Hoekstra.
- Final decision expected after EU Parliament discussions by September
2025.
🏦 Banking
and Financial News
🔍 RBI Implements New Fraud Detection Tool – FRI
- Directive Date: June
30, 2025
- Applies to: All banks, NBFCs, UPI platforms.
- Tool: Financial Fraud Risk Indicator (FRI), developed by
DoT.
- Detects fraud-prone numbers using NCRP, Chakshu, and bank data.
- Major banks like HDFC, ICICI, and apps like Paytm,
PhonePe onboarded.
🌍 SBI Adds $44 Billion to Global GDP Growth
- Report by: SBI Research
- India contributed $297 billion to global GDP growth in FY25.
- SBI’s share: $44
billion (~16% of India’s share).
- Valuation boost of ₹1.38 lakh crore to Indian financial services.
🏦 Mashreq Becomes First UAE Bank to Enter GIFT City
- Approval from IFSCA to open International Banking Unit.
- Scheduled launch: Q4 2025 in Gujarat.
- Services: Foreign currency lending, trade finance, and risk
services.
- Backed by UAE Central Bank and Indian SEZ authorities.
💼 Business
News
🇵🇰 Microsoft Shuts Pakistan Office After 25 Years
- Closure announced on July 4, 2025.
- Part of a global restructuring strategy.
- 9,100 job cuts globally.
- Shift to cloud model and reliance on local partners.
- Concerns raised about economic instability in Pakistan.
🤝 Bilateral
Agreements
🇮🇳🇹🇹 India Signs 6 MoUs with Trinidad & Tobago
- Signed on July 4, 2025, during PM Modi’s visit.
- Focus Areas: Culture, Sports, Pharma, Infrastructure.
- Introduction of OCI cards for 6th-gen Indian-origin
citizens.
- Strengthens bilateral ties in the Caribbean.
🏅 Awards and
Recognition
🏆 PM Modi Awarded Trinidad’s Highest Civilian Honour
- Received the Order of the Republic of Trinidad and Tobago.
- Recognized for: Leadership during COVID-19, diaspora outreach.
- Also honored in Ghana with Officer of the Order of the Star of
Ghana.
🚀 NASA Contest: Indian School Secures First Prize
- School: S.R.N. Mehta CBSE, Kalaburagi
- Contest: NASA-NSS Space Settlement Design Contest 2025
- Project ‘IRA’ presented by 11 students at ISDC-2025, Orlando.
- Visited NASA’s Kennedy Space Center before returning on June 30.
🛡️ Defence
News
👩✈️ Sub Lt Aastha Poonia – India’s First Woman Navy Fighter Pilot Trainee
- Honored with “Wings of Gold” on July 3, 2025.
- Training includes MiG-29K and Rafale M operations.
- Will operate from INS Vikrant and INS Vikramaditya.
- Reflects progress in gender inclusion in armed forces.
♟️ Sports
News
🏆 D Gukesh Wins Rapid Chess Title in Zagreb
- Victory at SuperUnited Rapid & Blitz 2025 on July 4.
- Total Points: 14
- Leads over Jan-Krzysztof Duda and Magnus Carlsen.
- Blitz rounds began July 5; final score will combine both formats.
🛰️ Science
and Technology
🌐 Ananth Tech to Launch India’s First Private Satellite Internet
- Based in Hyderabad.
- Launch Target: By 2028
- Investment: ₹3,000 crore
- Goal: Provide satellite-based broadband in remote areas.
- Competitors: Starlink, Amazon Kuiper, OneWeb.
- Approved by IN-SPACe, India’s space regulator.
📆 Important
Days
🤝 International Day of Cooperatives 2025
- Date: July 5, 2025
- UN Theme: "Driving Inclusive and Sustainable Solutions for
a Better World"
- Context: Celebrated as part of UN's International Year of
Cooperatives (IYC2025).
- Over 3 million cooperatives globally supporting 280 million
workers.
- Indian examples: AMUL, IFFCO.
🕯️ Obituary
News
🎬 Julian McMahon, Hollywood Star, Passes at 56
- Known for roles in ‘Fantastic Four’, ‘Nip/Tuck’, ‘Charmed’.
- Passed away on July 5, 2025, in Florida.
- Battled cancer for several years.
- Last projects: Netflix’s ‘The Residence’, Cannes film 2024.
- Son of former Australian PM Billy McMahon.
📚 Summary
for Aspirants
- National Policy Update: Toll
discounts and urban reforms.
- International: EU
climate change policy.
- Banking: FRI tool, GIFT City expansion.
- Awards & Recognition: PM
Modi honored abroad.
- Science: Satellite internet development.
- Defense & Gender:
Inclusion of women in fighter training.
- Sports & Education:
Global accolades for Indian talents.
📎 Sources:
- Ministry of Road Transport
- Press
Information Bureau
- Reserve Bank
of India
- European
Commission
- ISRO
IN-SPACe
- Grand
Chess Tour
- NASA NSS Contest
- UN International Co-operative Alliance
- The
Hindu
- Business Standard
- Times of India
- Reuters
Stay tuned and stay informed! 🌍🧠✍️
Post a Comment