One Minute Current Affairs 15 July 2025

Important days

July 15- World Youth Skills Day.

Theme– “Youth Empowerment Through Artificial Intelligence (AI) and Digital Skills.”

Banking & Business

CTBC Bank, Taiwan- To set up an IFSC Banking Unit (IBU) in GIFT City, Gujarat.

Appointments

R Doraiswamy- MD and CEO of LIC (Life Insurance Corporation of India).

Raghavendra S Bhat- interim MD and CEO of Karnataka Bank.

Economy

2.1%- India’s retail inflation fell to 2.1% in June 2025.

8% in May 2025
The lowest level in 77 months (more than six years).

₹4.77 lakh crore- Income Tax Refund for FY 2024-25.

Increased by 474% over the past 11 years.
As per government data released in July 2025
In 2013, the average time to receive a refund was 93 days, which reduced to just 17 days by 2024.

State News

Amaravati, Andhra Pradesh- India’s first AI Plus Campus.

Will setup by BITS Pilani by 2027.

National

Yakten village, Pakyong district in Sikkim- India’s First Village for Digital Nomads

This project gives remote workers a quiet mountain place to live and work.

Gujarat- Emerged as India’s leading producer of processed potatoes.

Particularly those used for making French fries and wafers, as per 2024–25 data.

Awards

Leila Aboulela- Wins 2025 PEN Pinter Prize.

She is Sudanese-Scottish writer

Defence

PASSEX (Passing Exercise)- Between Indian and Greece.

Naval Exercise

Prachand Shakti- powerful military demonstration by Ram Division of the Indian Army.

At the Kharga Corps training grounds in Meerut, Uttar Pradesh.

Sports

ICC Players of the Month for June 2025

Men’s- Aiden Markram from South Africa.
Women’s- Hayley Matthews from the West Indies.

Obituaries

Fauja Singh- World’s Oldest Marathon Runner has passed away.

He was from
Known as the ‘Turbaned Tornado’.