11th August 2025 Daily Current Affairs

National & Governance

• Parliament Clears Merchant Shipping Bill, 2025
  The Indian Parliament passed the Merchant Shipping Bill, 2025, signaling a major shift toward modernizing maritime regulations. The new framework aims to streamline processes, enhance policy efficiency, and align India’s maritime operations with global standards.

• New Income-tax Bill Introduced
  The Income-tax (No. 2) Bill, 2025, was introduced in Lok Sabha on 11 August. This replaces the originally proposed bill, aiming to overhaul India’s direct taxation system—covering 536 sections, 23 chapters, and 16 schedules—with goals like simplifying compliance and reducing litigation.

• MHA Defends Nominations to J&K Assembly
  The Ministry of Home Affairs submitted an affidavit to the Jammu & Kashmir High Court, defending the Lieutenant Governor’s authority to nominate five members to the region’s legislative assembly. The Ministry stated this measure ensures diverse representation in governance.

Foreign Policy & Security

• India Slams Pakistan’s Nuclear Rhetoric
  The Indian government condemned the nuclear threats made by Pakistan Army Chief Asim Munir, labeling Pakistan an “irresponsible nuclear state.” The MEA criticized such rhetoric as destabilizing and reiterated India’s commitment to regional peace.

• Govt Briefs Tharoor-Led Panel on U.S. Ties
  On this day, the government briefed the Parliamentary Standing Committee on External Affairs, chaired by MP Shashi Tharoor, on the current status of India–U.S. relations and policy directions.

Economy & Markets

• Markets React to U.S. Tariffs
  Indian equity benchmarks are poised for a modest recovery after a six-week decline, but investor sentiment remains range-bound due to the impact of U.S. tariffs on Indian goods. The Nifty 50 futures suggest a higher open, while key companies like Tata Motors, Voltas, and Manappuram Finance are closely watched.

International Highlights

• Ukraine Tensions and India’s Tech Sector in Focus

  • U.S. President Trump met Putin in Alaska, pushing a peace proposal for Ukraine involving potential territorial adjustments—a plan strongly rejected by Ukraine and its allies.

  • In India, there are rising concerns over AI displacing IT service jobs; companies are responding by reskilling staff and shifting toward AI-based solutions, though foundational AI development remains a challenge.

At a Glance