Top Current Affairs – July 28, 2025

Introduction

Here’s your comprehensive Top Current Affairs July 28 2025 briefing, bringing together India-focused economic trends, international diplomacy at the UN, and market volatility driven by tariff tensions. Today’s stories cover seismic events in South Asia, global hunger progress, rising financial market caution, and technology shifts—providing a clear snapshot of evolving national and geopolitical dynamics shaping policy and growth.

National Affairs – Current Affairs July 28 2025

1. Magnitude‑6.2 Earthquake Strikes India’s Nicobar Islands
Category: National / Environment
Summary: A 6.2 magnitude earthquake hit India’s Nicobar Islands at a 10 km depth, causing tremors but minimal immediate damage reported. Monitoring continues to assess aftershocks.
Key Points:

GFZ reported quake location and depth
No major casualties reported yet

2. India’s Industrial Output Grows 1.5% in June
Category: National / Economy
Summary: June industrial production in India rose 1.5% year‑on‑year, led by strong gains in manufacturing and capital goods, though mining and electricity output declined.
Key Points:

Manufacturing up 3.9%, capital goods up 3.5%
Electricity fell 2.6%, mining dropped 8.7%

💼 Economy & Business – Current Affairs July 28 2025

3. Bangalore Airport Operator to Raise ₹46,300 Cr Bond by October
Category: Economy / Finance
Summary: Bangalore International Airport Ltd (BIAL) plans a ₹46.3 billion (~$535 m) bond issuance offering 15-year notes at 8.15% coupon to finance expansion.
Key Points:

Second tranche of long-term debt
First raised ₹43.62 billion earlier

4. US Smartphone Market Growth Slows; Indian Brands Surging
Category: Economy / Technology
Summary: US smartphone growth dipped to just 1% in Q2, while inventory shifts amid U.S.–China trade negotiations fueled increased penetration of India-made phone brands.
Key Points:

Canalys reports India-made surge
Tariff-related supply chain changes credited

5. Finance Ministry Flags Export Slowdown amid Global Dip
Category: National / Trade
Summary: Exports fell to $35.14 bn in June, down 9% MoM, signaling demand weakness driven by global slowdown; finance ministry warns of further trade headwinds ahead.
Key Points:

Lowest level since November
U.S. tariff uncertainty cited as major drag

🌐 International Affairs – Current Affairs July 28 2025

6. UN Conference on Gaza Starts Without U.S. or Israel
Category: International / Diplomacy
Summary: A delayed New York conference opened to pursue a two-state solution for Palestine, attended by UN ministers but boycotted by the U.S. and Israel, fostering global debate.
Key Points:

Hosted by France and Saudi Arabia
Focus: post-war planning and Palestinian state recognition

7. US‑China Trade Talks Aim to Extend Tariff Truce
Category: International / Trade
Summary: U.S. and Chinese officials met in Stockholm for talks to prolong a temporary tariff ceasefire by 90 days, potentially paving the way for a Trump-Xi summit later in 2025.
Key Points:

Avoid return to 3‑digit tariffs
Focus on rare earth access, tech export limits

💹 Markets & Currency – Current Affairs July 28 2025

8. Indian Rupee and Bonds Trade Cautiously Amid Fed and Tariff Risks
Category: Economy / Markets
Summary: The rupee weakened 0.4% to ₹86.5150/USD, while bond yields remained between 6.31–6.38%, as markets brace for Fed commentary and tariff-induced volatility ahead of August 1 deadline.
Key Points:

Foreign outflows weigh on sentiment
RBI policy decision eyed on August 6

🧭 Science & Environment

(No additional science/environment alerts surfaced for July 28.)

⚽ Sports & Culture

(No major cultural or sports news found dated July 28.)

Summary

The Top Current Affairs July 28 2025 overview underscores India’s mixed macroeconomic signals: weak export demand and cautious markets amid global trade uncertainties. On the global stage, the UN peace push on Gaza and U.S.-China trade diplomacy play out in high-stakes negotiations, while domestic infrastructure and production remain steady. The day reflects fragile optimism tempered by geopolitical tensions and economic recalibration.