Daily Current Affairs — 28 July 2025
6 articles • UPSC Prelims & Mains
NASA-ISRO NISAR Satellite
Context The Indian Space Research Organisation (ISRO) is set to launch the NISAR satellite from Sriharikota on July 30 onboard a GSLV Mk-II rocket. NISAR Satellite NISAR is an Earth-observation satellite that stands for NASA-ISRO Synthetic Aperture Radar. It is Jointly developed by the National Aeronautics and Space Administration (NASA) and the Indian Space Research Organisation under a partnership agreement signed in 2014.
India’s Insurance Sector Set to More Than Double by 2030: IBAI-McKinsey Report
Context Recently, a joint report by the Insurance Brokers Association of India (IBAI) and McKinsey Company outlined that Indias insurance industry is projected to surge by 123% by 2030 — from ₹11.2 lakh crore in 2024. Policy Support for India’s Insurance Sector IRDAI’s Vision 2047: The Insurance Regulatory and Development Authority of India (IRDAI) is driving reforms to bridge protection gaps and simplify access to insurance. Legislative Support: Key acts include the Insurance Act (1938), IRDA A
India’s preparation against Glacial Lake Outburst Flood (GLOF) events
In News Recently ,Nepal faced a severe Glacial Lake Outburst Flood (GLOF) on July 8, causing flash floods along the Lende river, destroying a China-built bridge and disabling hydro plants that supplied 8% of Nepal’s power. What is Glacial Lake Outburst Flood (GLOF)? It is the sudden, catastrophic release of water from a glacier-formed lake, often dammed by ice, debris, or bedrock.
Boost to India’s Seafood Exports to the UK after CETA
Context The Comprehensive Economic and Trade Agreement (CETA) between India and UK removes import tariffs on a wide range of seafood products, enhancing Indian exporters competitiveness in the UK market. India’s Seafood Industry India is the third-largest fish and aquaculture-producing country. It accounts for 8% of the total global fish production.
Textile Sector in India
Context PM Modi in his Mann Ki Baat program, remarked that the textile sector has become a major strength of the country. Overview of Indias Textile Industry Contribution: The textile and apparel industry contributes 2.3% to our GDP, 13% to industrial production, and 12% to exports. Export Basket: India exported textile items worth US$ 34.4 billion in 2023-24, with apparel constituting 42%, followed by raw materials/semi-finished materials at 34% and finished non-apparel goods at 30%.
Australia- UK Sign 50-Year Geelong Treaty Under AUKUS
Context Australia and the UK signed the bilateral Nuclear-Powered Submarine Partnership and Collaboration Treaty (the Geelong Treaty) in Geelong, Australia, solidifying their commitment to the AUKUS defense pact. About Geelong Treaty The Geelong Treaty is a historic agreement that commits the UK and Australia to 50 years of bilateral defense cooperation under AUKUS Pillar I. The Treaty will enable comprehensive cooperation on the design, build, operation, sustainment, and disposal of their SSN-A