One minute Current Affairs 10-07-2025

Banking & Business

Nvidia- First company to reach $4 trillion market valuation.

Headquarters- California, USA.

Above ₹75 crore- From July 16, any government payments made by central government departments above ₹75 crore must be done using RBI’s e-Kuber platform.

Earlier, only payments above ₹500 crore had to be made through the e-Kuber platform.

Reports

United Nations Conference on Trade and Development (UNCTAD)- publish a report titled- “Trade and Development Foresights 2025: Under Pressure – Uncertainty Reshapes Global Economic Prospects”.

Key Highlights

Global growth is projected to slow to 3%, below the 2.5% stagnation threshold.
The VIX (Fear Index) has reached its third-highest level in history, showing intense investor anxiety.
South–South trade and intra-Asian trade offer resilience, with Asia contributing 40% of global growth in 2024.
India, along with China and Indonesia, is a top contributor to global growth.
Official Development Assistance (ODA) to developing nations to fall by 18% (2023–2025).

Schemes

“Digi-Lakshmi” Scheme- Andhra Pradesh.

To support urban poor women in earning a livelihood by providing digital services.
The scheme will establish 9,034 digital kiosks in cities and towns, each operated by women from Self-Help Groups.

International

UAE- allowed Indians and Bangladeshis citizens to pay AED 100,000 (around Rs. 23.30 lakhs) to apply for UAE Golden visa.

This is only for individuals nominated for their exceptional contribution in their profession.

National

125th Birth Anniversary- of Syama Prasad Mookerjee.

Government of India release a special postage stamp to Honour him.

State News

Delhi- launches “Saheli card”.

Free bus travel for women and transgender persons in Delhi.

Andhra Pradesh- Launch AI system for mosquitoes.

Called- SMoSS (Smart Mosquito Surveillance System).

Summits

11th Maize Summit- New Delhi.

Launched by Agriculture Minister Shivraj Singh Chouhan.
organized by FICCI and the Indian Institute of Maize Research (IIMR).
Maize production target 86 million tonnes by 2047.

Book

“Das Paise ka Postcard” Book- written by retired Army officer S.N. Ahmed.

Released by actor and director Vinay Varma.

Science & Technology

“Kalaa Setu” Challenge- Launched by Ministry of Information and Broadcasting (MIB).

Launched through WaveX platform.
Invites startups to develop AI tools that can convert text into audio, video, or visual content in various Indian languages.

Defence

INS Nistar- India’s first Indigenous Diving Support Ship.

Built by Hindustan Shipyard Limited (HSL)

Awards

“The Order of the Most Ancient Welwitschia Mirabilis” Award- PM Modi.

highest civilian honour of Namibia.

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