22nd July 2025 Daily Current Affairs

🇮🇳 National Developments

• Vice President Jagdeep Dhankhar resigns
  On 21 July, Jagdeep Dhankhar submitted his resignation letter under Article 67(a) to President Murmu. Until a new VP is elected, Deputy Chairperson Harivansh Narayan Singh will serve as acting Rajya Sabha Chair

• V.S. Achuthanandan’s passing and state mourning
  Former Kerala CM V.S. Achuthanandan died recently. He will be cremated in Alappuzha on Wednesday evening, following a three-day state mourning declared by the Kerala government; July 22 is a public holiday and banks are closed across the state

🌍 International Affairs

• Russia launches 42 drone strikes on Ukraine
  Despite agreeing to peace talks in Istanbul, Russia conducted 42 drone strikes across Ukrainian cities including Kramatorsk, Odesa, and Sumy, resulting in multiple injuries. A peace breakthrough is not expected imminently

• Gaza crisis intensifies
  The UN described Gaza as “hell on earth,” with doctors and aid workers fainting from hunger and over 1,000 civilian deaths at aid distribution points amid sniper fire. The humanitarian situation remains dire

• Iran warns against UN snapback sanctions
  Ahead of a July meeting in Istanbul, Iran cautioned that reinstating UN sanctions would complicate the nuclear standoff, arguing the mechanism lacks legal legitimacy

• Bangladesh military jet crashes into school
  A Bangladesh Air Force jet crashed into a school in Dhaka on 21 July, killing at least 19 and prompting a state mourning declaration. Flags flown at half-mast and nationwide mourning observed

• EU considers “nuclear option” over US tariffs
  With an August deadline looming for $72 bn in US tariffs, the EU is preparing to deploy its “anti-coercion” toolkit to protect trade if talks fail

📈 Economy & Business

• Global markets remain surprisingly stable
  Despite geopolitical and policy risks—including rising US debt and tariff tensions—markets like the S&P 500 and Nasdaq are hitting record highs. The U.S. economy grew ~2.4% YoY, with strong corporate earnings

• Fidelity International to double European ETF offerings
  Fidelity plans to increase its European ETF lineup from 20 to about 40 within 12–18 months, responding to rising demand for active ETFs in Europe

• RBI approves major Warburg Pincus investment
  The RBI authorized Currant Sea Investments (Warburg Pincus) to acquire a 9.99% stake in IDFC First Bank (~₹7,500 crore) through CCPS, following CCI approval

🚆 Transport & Infrastructure

• Double Decker train service resumes to Delhi Cantt
  From July 22–28, the Jaipur–Delhi Double Decker will terminate at Delhi Cantt instead of Delhi Sarai Rohilla due to cancellations affecting 40 Rajasthan–Delhi trains

• UK updates immigration rules
  Effective today, the UK’s Skilled Worker visa now mandates a minimum RQF Level 6 (bachelor’s degree) requirement for applicants, impacting ~180 occupations in sectors like logistics and hospitality

🔭 Science & Observations

• Earth records one of its shortest days
  Due to an acceleration in Earth’s rotation, July 22 is one of the three shortest days recorded—approximately 1.51 ms shorter than 24 hours—underscoring shifts in planetary dynamics

⚽ Sports & Culture

• Women’s Euro 2025 Semi-final tonight
  England faces Italy in the UEFA Women’s Euro semi-final in Geneva. The match has generated strong anticipation, with broadcasters expecting ~8 million viewers

• ASEAN U‑23 Football Championship underway
  The U‑23 AFF Cup continues in Indonesia (15–29 July), with 10 Southeast Asian teams competing. Vietnam are defending champions

🔍 Quick Recap