CURRENT AFFAIRS

State Bank of India (SBI) is preparing a Qualified Institutional Placement (QIP) financing strategy to raise up to Rs 25,000 crore by 2025.

Despite consistent growth in India's Gross Domestic Product (GDP), rising public capital expenditure, and an improvement in consumption, the pace of private corporate investment remains sluggish, raising concerns about the long-term sustainability of economic growth.

Assam Chief Minister Himanta Biswa Sarma inaugurated the country's first aqua tech park at Sonapur near Guwahati.

The Fourth Industrial Revolution (Industry 4.0) includes cyber-physical systems such as the Internet of Things (IoT) and Artificial Intelligence (AI), which enable the creation of "smart factories" where machines self-adapt, take autonomous decisions, and collaborate with humans.

On July 11, 2025, the Central Government announced a special allocation of ₹500 crore to incentivise the purchase of electric trucks under the Pradhan Mantri e-Drive initiative.

World International Justice Day is celebrated every year on 17 July; which is a celebration of the universal spirit of justice, accountability and human rights.

The Bihar government has launched the Mukhyamantri Pratigya Yojana to provide financial assistance to youth doing internships.

The Kerala government is launching a campaign to brand Munnar as a 'Responsible Tourism Destination'. The state aims to officially declare Munnar as a "Responsible and Resilient Tourism Destination" by December 2025.

The Uttar Pradesh government has launched a new travel allowance scheme to facilitate access to education for students living in remote areas of the state.

Given the increasing impact of climate change and natural disasters, it has become necessary for the Indian financial system to adopt the concept of Disaster Risk Insurance. Most of the population of India is facing unexpected damage and loss. Catastrophe Bonds or Cat Bonds can be an effective solution to deal with this situation.