Current Affairs 07 July 2025

World Bank ranks India 4th among the world’s Most Equal Societies.

• The World Bank has listed India among the world’s most equal societies.
• India’s Gini Index stands at 25.5, making it the 4th most equal country globally.
• Only three countries are ahead of India:
• Slovak Republic (24.1)
• Slovenia (24.3)
• Belarus (24.4)
• Gini Index measures income/wealth/consumption inequality—a lower score means more equality.

Shubhanshu Shukla shares experience of life aboard ISS with students.

• Indian astronaut Shubhanshu Shukla interacted with the students using a ham radio from the International Space Station (ISS).
• Ham Radio is popularly known as Amateur radio.
• It is a licensed radio service that relies on radio waves for establishing communication.
• It is largely deployed for educational and knowledge purposes, for emergency or SOS communication.

PM Modi Receives "Key to the City" in Buenos Aires.

• Prime Minister Narendra Modi paid tributes to Mahatma Gandhi and Rabindranath Tagore at their statues in Buenos Aires, Argentina.
• PM Modi was awarded the Key to the City of Buenos Aires by Jorge Macri, Head of City Government.
• This was in recognition of PM Modi’s efforts to strengthen India–Argentina ties.

PM Modi’s Historic Visit to Argentina: Deepens Strategic Partnership.

• Prime Minister Narendra Modi's visit to Argentina is historic – the first bilateral visit by an Indian PM in 57 years.
• He paid tribute at the Monument of General José de San Martín, Argentina’s freedom fighter.
• The strategic partnership across: Trade, health, defence, green energy, mining, digital innovation, disaster management, science and tech, education, and cultural exchanges.

Elon Musk announces new political party "America Party".

• Elon Musk has announced a new political party in the US called the America Party.
• The party aims to challenge the two-party system (currently dominated by Republicans and Democrats).
• Musk is ineligible to run for president because he was born outside the US.
• It is still unclear if the party is officially registered with US election authorities.