🇮🇳 India
- Cabinet greenlights ₹1 lakh crore Employment‑Linked Incentive (ELI) scheme
Approved on 1 July 2025, this ₹1 trillion ($11.7 bn) initiative aims to generate 35 million jobs over two years through wage and employer subsidies—₹15,000 for first-time hires, and ₹3,000 per month for employers—especially in manufacturing youtube.com+14vajiramandravi.com+14nextias.com+14indianexpress.com+15reuters.com+15indianexpress.com+15. - State Bank of India marks 70 years
SBI, in its current structure dating from 1 July 1955, celebrates its 70th founding anniversary testbook.com+3guidely.in+3en.wikipedia.org+3. - Mandatory Aadhaar for new PAN cards & tighter GST rules
- New PAN applicants must link Aadhaar starting today.
- GSTR‑3B returns become non-editable post-filing, and the three-year window to file delayed returns also kicks in timesofindia.indiatimes.com+2india-briefing.com+2testbook.com+2testbook.com.
- Facial recognition at Jaipur anganwadis
From today, beneficiaries collecting take-home meals at anganwadi centres in Jaipur must be authenticated via facial recognition on the Poshan Tracker timesofindia.indiatimes.com. - Bomb scare at Pune Airport
A bomb threat email prompted evacuations at Pune airport; suspect backpacks were investigated but no explosives were found timesofindia.indiatimes.com. - 11,000 crores for Bhutan development
India pledged ₹10,000 crore to support Bhutan’s 13th Five Year Plan (2024–2029), covering health, connectivity, and urban projects nextias.com.
🌐 World
- U.S. Senate passes Trump-backed domestic policy bill
Vice President J.D. Vance cast the tiebreaking vote in the Senate, sending a major tax and spending package to the House nextias.com+2theguardian.com+2pbs.org+2. - U.S.–Japan–India trade tensions
President Trump threatens 35% tariffs on Japanese goods by 9 July deadline, while expressing optimism about a trade deal with India barrons.com. - Escalation in Gaza conflict
Israeli airstrikes killed nearly 100 Palestinians, including civilians at a café in Gaza City india-briefing.com+3democracynow.org+3theguardian.com+3. - Russian offensives in Ukraine intensify
Russia has escalated its attacks on two fronts in Ukraine near July 2, 2025 abcnews.go.com.
🏏 Sports
- India Women vs England Women – 2nd T20I
The second match of the series took place in Bristol on 1 July, with India having won the opener by 97 runs (Smriti Mandhana scored her first T20I century) en.wikipedia.org+1indiatimes.com+1indiatimes.com.
🏙️ Regional & Miscellaneous
- Oak Ridge Fire impacts Navajo Nation
Smoke from the Oak Ridge wildfire affected areas around Fort Defiance, Arizona, posing challenges for the Navajo community ictnews.org. - Free Fire MAX India Cup 2025 announced
Garena launched registration (7–13 July) for the esports tournament offering ₹1 crore prize, marking its return after 3.5 years indianexpress.com+4indianexpress.com+4indiatimes.com+4indiatimes.com. - Gold prices jump ₹500/10 g
On 1 July, gold cost surged by ₹500 per 10 grams on MCX, triggering concerns among buyers testbook.com+4indianexpress.com+4marathi.indiatimes.com+4marathi.indiatimes.com.
🔍 Summary
India saw a flurry of major policy moves—from landmark employment schemes and digital governance reforms to biometric rollout at anganwadis—while internationally, political developments in the U.S., Gaza, and Ukraine dominated headlines. On the sports front, India’s women’s cricket tour continued in England.