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Daily Current Affairs: 30 July 2025

Current affairs of 30 July 2025: Pralay Quasi-Ballistic Missile: Back-to-Back Tests by DRDO; India Gini Index Score of 25.5 and Hidden Inequalities; Ratadiya Ri Dheri: New Harappan Site in Jaisalmer’s Thar Desert, and 12 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)July 2025

In this issue: 15 topics

National Affairs

Ratadiya Ri Dheri: New Harappan Site in Jaisalmer’s Thar Desert

Government Schemes

PACS Computerization: ERP Rollout With ₹2,925.39 Crore Outlay

Banking & Finance

RBI Revised Norms on Bank and NBFC Investment in AIFs
SEBI Innovation Sandbox: Pilot for Fractional Shares
PSB Digital Credit Assessment Model for MSMEs Explained
RBI Withdraws Corrective Action Plan on Religare Finvest
SBICAP Securities ProZero: Zero Brokerage on Intraday Trades

Economy

IMF Raises India’s FY26 Growth Forecast to 6.4%
RBI 111th Industrial Outlook and 46th Services Surveys
IIP Growth Slows to 1.5% in June 2025, a 10-Month Low

Agriculture & Rural

NABARD Carbon Credit Pilot with Mango Farmers in Koppal

Science & Technology

SaaS Explained: Cloud Software Model, Benefits and Types

Defence & Security

Pralay Quasi-Ballistic Missile: Back-to-Back Tests by DRDO

Reports & Indexes

India Gini Index Score of 25.5 and Hidden Inequalities
RECSS May 2025: Rural Income Optimism at Record High

National Affairs

1. Ratadiya Ri Dheri: New Harappan Site in Jaisalmer’s Thar Desert

A new Harappan site at Ratadiya Ri Dheri, Jaisalmer, is the first IVC settlement in the Thar's arid core.
It dates to the Mature Harappan period, 2600-1900 BCE.
It lies 60 km from Ramgarh tehsil and 17 km from Sadewala in Pakistan.

Full notes and 3 MCQs ›

Government Schemes

Government Schemes

2. PACS Computerization: ERP Rollout With ₹2,925.39 Crore Outlay

The Ministry of Cooperation, with NABARD, is computerizing all functional PACS on a common ERP platform.
Outlay was revised from ₹2,516 crore to ₹2,925.39 crore.
PACS link to DCCBs, which link to StCBs, with NABARD coordinating all tiers.

Full notes and 3 MCQs ›

Banking & Finance

Banking & Finance

3. RBI Revised Norms on Bank and NBFC Investment in AIFs

RBI capped all regulated entities' combined investment in one AIF scheme at 20% of its corpus, and a single entity at 10%.
Equity investments by AIFs are excluded from provisioning; CCDs and CCPS count as equity instruments.
The norms apply from 1 January 2026, or earlier if adopted under an entity's own policy.

Full notes and 3 MCQs ›

4. SEBI Innovation Sandbox: Pilot for Fractional Shares

SEBI approved a pilot of fractional share trading through its innovation sandbox.
Bengaluru startup Xaults is the first company allowed to test it.
Xaults proposed depository-level custody so ownership stays with the investor.

Full notes and 3 MCQs ›

Banking & Finance

5. PSB Digital Credit Assessment Model for MSMEs Explained

The PSB digital MSME credit model was launched March 6, 2025.
Loan decisions come within one day.
98,995 applications were sanctioned from April 1 to July 15, 2025.

Full notes and 3 MCQs ›

Banking & Finance

6. RBI Withdraws Corrective Action Plan on Religare Finvest

RBI lifted the Corrective Action Plan on Religare Finvest with immediate effect after management changes.
The plan had been imposed in January 2018 over regulatory lapses.
Parent REL raised ₹1,500 crore at ₹235 per share, led by the Burman family.

Full notes and 3 MCQs ›

Banking & Finance

7. SBICAP Securities ProZero: Zero Brokerage on Intraday Trades

SBICAP Securities launched ProZero, offering zero brokerage on intraday equity, futures and options.
No hidden fees or platform charges; available on mobile app and web.
Non-intraday trades stay at a flat ₹20 per order.

Full notes and 3 MCQs ›

Economy

8. IMF Raises India’s FY26 Growth Forecast to 6.4%

The IMF raised India's FY26 growth forecast to 6.4% from 6.2% in its July 2025 WEO update.
FY27 is also projected at 6.4%; global growth is 3% for 2025 and 3.1% for 2026.
Reasons include lower inflation, suspended higher tariffs and reform momentum.

Full notes and 3 MCQs ›

9. RBI 111th Industrial Outlook and 46th Services Surveys

The RBI launched the 111th round of the Industrial Outlook Survey (IOS) for manufacturing sentiment.
It also began the 46th round of the Services and Infrastructure Outlook Survey (SIOS).
Both cover Q2:2025-26 and Q3:2025-26, with expectations for Q4:2025-26 and Q1:2026-27.

Full notes and 3 MCQs ›

10. IIP Growth Slows to 1.5% in June 2025, a 10-Month Low

IIP growth slowed to 1.5% in June 2025, a 10-month low.
Mining and electricity output contracted sharply.
The slump raised calls to bring climate risk into economic data frameworks.

Full notes and 3 MCQs ›

Agriculture & Rural

Agriculture & Rural Development

11. NABARD Carbon Credit Pilot with Mango Farmers in Koppal

NABARD's consultancy arm began its first carbon credit pilot in Koppal, Karnataka.
About 3,500 mango farmers with orchards under five years old are taking part.
Delays have slowed first payouts, and farmer groups call the scheme poorly communicated.

Full notes and 3 MCQs ›

Science & Technology

12. SaaS Explained: Cloud Software Model, Benefits and Types

SaaS is a cloud delivery model: the provider hosts the app and users reach it through a browser on subscription.
Types: horizontal SaaS serves many industries; vertical SaaS targets one industry.
Challenges: internet dependence, limited customisation, data security worries and vendor lock-in.
Trends: AI/ML, edge computing and hybrid cloud, vertical growth, blockchain security, no-code and low-code platforms.

Full notes and 3 MCQs ›

Defence & Security

Defence & Security

13. Pralay Quasi-Ballistic Missile: Back-to-Back Tests by DRDO

DRDO conducted two back-to-back flight-tests of the Pralay missile from Dr APJ Abdul Kalam Island, Odisha.
Pralay is a solid-fuelled quasi-ballistic surface-to-surface missile with a range of up to 500 km.
It carries up to 1000 kg of warhead and uses INS plus satellite augmentation.

Full notes and 3 MCQs ›

Reports & Indexes

14. India Gini Index Score of 25.5 and Hidden Inequalities

India scored 25.5 on the Gini Index, placing it among the more equal societies.
The Gini Index runs from 0 (perfect equality) to 100 (perfect inequality).
The top 1% held 22.6% of national income in 2022-23.
Women make up only 35.9% of the workforce and run 7.5% of startups.

Full notes and 3 MCQs ›

15. RECSS May 2025: Rural Income Optimism at Record High

NABARD's May 2025 RECSS covered 600 villages and 6,000 households.
A survey-high 73.6% of households expected income to grow; 6.7% expected a drop.
Savings sentiment stayed negative for the fifth straight round.

Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 30 July 2025, with answers and explanations.