23rd July 2025 Daily Current Affairs

🇮🇳 National 📰

• President accepts Jagdeep Dhankhar’s resignation
  President Droupadi Murmu accepted Vice President Dhankhar’s resignation submitted under Article 67(a). Deputy Chairman Harivansh Narayan Singh will serve as Rajya Sabha’s acting chair until a new VP is elected

• Prime Minister departs on UK–Maldives visit
  PM Modi flew to the UK and Maldives (23–26 July), with a planned India–UK Free Trade Agreement signing on 24 July. He’s scheduled to meet PM Starmer and King Charles III

• Air India flight fire incident under scrutiny
  A commercial Air India flight caught fire upon landing in Delhi, triggering safety inspections and raising concerns about passenger safety

• Myntra faces ED probe over FEMA violations
  The Enforcement Directorate is investigating Myntra for alleged FEMA violations amounting to ₹1,654 crore, focused on alleged misuse of FDI norms

• ED case hit at Congress with ₹199 crore tax liability
  The Income-Tax Tribunal upheld a ₹199 crore tax demand on Congress, dismissing the party’s tax-exemption appeal

• MiG-21 fleet retirement looming
  IAF announced the imminent retirement of its MiG-21 fighter jet fleet, a significant shift in air defense modernization

🌍 International & Diplomacy

• ICJ climate change advisory due today
  The International Court of Justice will release a non-binding opinion on state obligations regarding climate action—potentially a key precedent for global environmental jurisprudence

• U.S.–Japan trade pact boosts markets
  A deal featuring new tariffs on Japanese goods and major Japanese investments in the U.S. has lifted global markets, with U.S. futures showing notable gains

📈 Economy & Business

• Global markets rally
  U.S. stock futures responded positively to U.S.–Japan trade news; investors await earnings from Tesla and Alphabet

• India–UK FTA green light
  India’s Union Cabinet approved the UK comprehensive economic and trade agreement (CETA). The pact will officially be signed on 24 July in London, benefiting Indian labour-intensive industries and UK luxury exportsSports & Culture

• BCCI to fall under Sports Governance Bill
  The government is set to table the National Sports Governance Bill today, which brings the BCCI under statutory oversight to enhance transparency in sports governance

• Shikhar Dhawan returns to Lord’s today
  Former India opener Shikhar Dhawan will attend a special event, “Beyond the Boundaries,” at Lord’s on 23 JulyInfrastructure & Tech

• IIT Kharagpur student tragedy
  A student at IIT-Kharagpur reportedly died after choking on medication—an ongoing matter under investigation

• Geothermal power breakthrough in Arunachal
  Plans advance for India’s first indigenous 50 kW geothermal plant in Arunachal Pradesh, marking a milestone in clean energy

📋 Quick Recap