Daily Current Affairs: 5 July 2025

Current affairs of 5 July 2025: India’s First Equine Disease-Free Compartment Gets WOAH Recognition; SEBI Interim Order Against Jane Street for Bank Nifty Manipulation; IndusInd Bank: Ind-Ra Affirms AA+ but Keeps Negative Outlook, and 7 more topics. Key facts for every exam, with a quiz.

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In this issue: 10 topics

National Affairs

Nipah Virus Cases Reported in Kerala Again

Banking & Finance

SEBI Interim Order Against Jane Street for Bank Nifty Manipulation
IndusInd Bank: Ind-Ra Affirms AA+ but Keeps Negative Outlook
RBI Reviews Credit Bureau Data Practices and Disputes
MobiKwik Securities Gets SEBI Nod as Stockbroker
RBI Annual Report 2024-25: Bank Frauds Hit 23,953

International Affairs

Modi in Argentina: Talks With President Milei in Buenos Aires

Agriculture & Rural

India’s First Equine Disease-Free Compartment Gets WOAH Recognition
NSO Expands Crop Cutting Experiments for 2025-26

Reports & Indexes

FAO Report on Youth in Agrifood Systems: NEET and GDP Gains

National Affairs

Health & Social Issues

1. Nipah Virus Cases Reported in Kerala Again

Nipah virus returned to Kerala, with two people testing positive.
An 18-year-old girl from Kozhikode died of acute encephalitis syndrome (AES) and was found positive.
A 38-year-old woman from Thachanattukara in Palakkad district is being treated at a private hospital in Perinthalmanna, Malappuram.

Full notes and 3 MCQs ›

Banking & Finance

Economy

2. SEBI Interim Order Against Jane Street for Bank Nifty Manipulation

On 4 July 2025 SEBI barred Jane Street and four entities from Indian securities markets pending investigation.
Alleged unlawful gain: ₹4,843.6 crore, from Bank Nifty manipulation.
Alleged tactic: lifting cash-market prices on weekly expiry days to favour options positions.
An escrow account was ordered and debits from its accounts were blocked.

Full notes and 3 MCQs ›

Economy

3. IndusInd Bank: Ind-Ra Affirms AA+ but Keeps Negative Outlook

India Ratings affirmed IndusInd Bank's AA+ rating and removed the negative watch.
The outlook stayed Negative on governance and reporting concerns.
RoA is expected to fall to about 1.0% in FY25 from 1.8%.

Full notes and 3 MCQs ›

Banking & Finance

4. RBI Reviews Credit Bureau Data Practices and Disputes

RBI set up a technical working group to standardise credit bureau data and grievance handling.
All four CICs - TransUnion CIBIL, Equifax, Experian, CRIF High Mark - are involved.
CICs fall under the 2021 Ombudsman Scheme: ₹100 a day compensation after 30 days' delay.

Full notes and 3 MCQs ›

Banking & Finance

5. MobiKwik Securities Gets SEBI Nod as Stockbroker

MobiKwik's subsidiary MSBPL got SEBI registration on 1 July 2025 as stockbroker and clearing member.
Its Zaakpay unit won an RBI payment aggregator licence in April.
It aims to use 176 million users for broking.

Full notes and 3 MCQs ›

Banking & Finance

6. RBI Annual Report 2024-25: Bank Frauds Hit 23,953

Banking fraud cases rose to a record 23,953 in FY25, up from 7,359 in FY21.
The total amount involved in frauds dropped 74% to ₹36,014 crore.
The pattern points to many small, frequent frauds, mostly in digital banking and card use.

Full notes and 3 MCQs ›

International Affairs

International Relations

7. Modi in Argentina: Talks With President Milei in Buenos Aires

PM Modi is visiting Argentina on 4-5 July 2025, the first bilateral trip there by an Indian PM since Indira Gandhi in 1968.
He met President Javier Milei in Buenos Aires and received the Key to the City of Buenos Aires.
India-Argentina trade reached USD 5.2 billion in 2024; shale energy cooperation is a focus.
Both sides discussed expanding the India-MERCOSUR Preferential Trade Agreement.

Full notes and 3 MCQs ›

Agriculture & Rural

Agriculture & Rural Development

8. India’s First Equine Disease-Free Compartment Gets WOAH Recognition

WOAH formally recognised India's first Equine Disease-Free Compartment (EDFC) for sport horses.
It is located at the Remount Veterinary Corps Centre and College, Meerut Cantonment, Uttar Pradesh.
Certified free from equine influenza, glanders, surra, equine piroplasmosis and equine infectious anaemia.
India has stayed free of African horse sickness since 2014.

Full notes and 3 MCQs ›

Economy

9. NSO Expands Crop Cutting Experiments for 2025-26

From July 2025 the NSO increased crop cutting experiments for better yield estimates.
Seasons covered: kharif and rabi 2025-26.
Present estimates cover only 25-26 major crops.

Full notes and 3 MCQs ›

Reports & Indexes

Agriculture & Rural Development

10. FAO Report on Youth in Agrifood Systems: NEET and GDP Gains

FAO says global GDP could rise 1.4% if NEET youth are productively engaged.
Youth working in agrifood systems fell from 54% in 2005 to 44%.
FAO's strategy has three pillars: Inquire More, Include More and Invest More.

Full notes and 3 MCQs ›

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Daily Current Affairs: 5 July 2025

In this issue: 10 topics

National Affairs

1. Nipah Virus Cases Reported in Kerala Again

Banking & Finance

2. SEBI Interim Order Against Jane Street for Bank Nifty Manipulation

3. IndusInd Bank: Ind-Ra Affirms AA+ but Keeps Negative Outlook

4. RBI Reviews Credit Bureau Data Practices and Disputes

5. MobiKwik Securities Gets SEBI Nod as Stockbroker

6. RBI Annual Report 2024-25: Bank Frauds Hit 23,953

International Affairs

7. Modi in Argentina: Talks With President Milei in Buenos Aires

Agriculture & Rural

8. India’s First Equine Disease-Free Compartment Gets WOAH Recognition

9. NSO Expands Crop Cutting Experiments for 2025-26

Reports & Indexes

10. FAO Report on Youth in Agrifood Systems: NEET and GDP Gains

Test yourself