Predatory Pricing: The Competition Commission of India (CCI) has notified the Determination of Cost of Production Regulations, 2025, to regulate predatory pricing, particularly targeting e-commerce and quick commerce platforms. Predatory pricing, defined under the Competition Act, 2002, refers to a strategy where a company deliberately lowers its prices below the cost of production to reduce […]
Category: Current Affairs
Geostrategic Passes Connecting Kailash Mansarovar Yatra
Geostrategic Passes Connecting Kailash Mansarovar Yatra: India announced the resumption of the Kailash Mansarovar Yatra (KMY) after a 5-year pause, halted by China in 2020 due to Covid-19 and Line of Actual Control (LAC) tensions. KMY has been operational since 1981. KMY is a pilgrimage organized by the Ministry of External Affairs (India) to Mount […]
Sarvam AI Launches Bulbul-v2 with Realistic Indian Accents
Sarvam AI Launches Bulbul-v2 with Realistic Indian Accents: Bengaluru-based AI startup Sarvam AI has launched its latest text-to-speech (TTS) model, Bulbul-v2, designed specifically to cater to India’s diverse linguistic landscape. Supporting 11 Indian languages, the model offers natural, human-like voices with authentic regional accents, making it a promising tool for businesses, brands, and developers seeking […]
Delhi Police Launches ‘Nayi Disha’ to Reintegrate School Dropouts
Delhi Police Launches ‘Nayi Disha’ to Reintegrate School Dropouts: In a commendable shift from conventional policing to community empowerment, the Delhi Police has launched a new initiative called ‘Nayi Disha – A Path Back to Learning’ to reintegrate school dropouts into the formal education system. Through proactive community engagement and collaboration with NGOs and schools, […]
Justice Surya Kant Appointed as NALSA Executive Chairman
Justice Surya Kant Appointed as NALSA Executive Chairman: Justice Surya Kant, a sitting judge of the Supreme Court of India, has been appointed as the new Executive Chairman of the National Legal Services Authority (NALSA) by the President of India. His appointment, effective from May 14, 2025, aligns with the tradition of nominating the second […]
Rajnath Singh Launches BrahMos Manufacturing Facility in Lucknow
Rajnath Singh Launches BrahMos Manufacturing Facility in Lucknow: Defence Minister Rajnath Singh virtually inaugurated the BrahMos supersonic cruise missile production facility at the Uttar Pradesh Defence Industrial Corridor in Lucknow. Built with an investment of ₹300 crore, the unit aims to manufacture 80–100 BrahMos missiles annually, significantly enhancing India’s self-reliance in defence manufacturing amid growing […]
Ceasefire Declared Between India and Pakistan Amid Escalating Tensions
Ceasefire Declared Between India and Pakistan Amid Escalating Tensions: India and Pakistan have agreed to a full and immediate ceasefire, following mediation efforts led by the United States. The announcement came after US President Donald Trump shared a post on Truth Social congratulating both countries for exercising “common sense and great intelligence.” The decision was […]
Madhya Pradesh and Maharashtra Join Hands for Tapti Basin Mega Recharge Project
Madhya Pradesh and Maharashtra Join Hands for Tapti Basin Mega Recharge Project: In a landmark move aimed at securing water resources and promoting inter-State cooperation, Madhya Pradesh and Maharashtra signed an MoU on May 10, 2025, to jointly implement the Tapti Basin Mega Recharge Project. The agreement seeks to mitigate water scarcity and improve irrigation […]
RBI Slaps Penalties on SBI and Jana Small Finance Bank for Regulatory Lapses
RBI Slaps Penalties on SBI and Jana Small Finance Bank for Regulatory Lapses: The Reserve Bank of India (RBI) has imposed monetary penalties on two banks — State Bank of India (SBI) and Jana Small Finance Bank — for deficiencies in compliance with banking norms. The action underlines the central bank’s strict approach toward ensuring […]
India Prohibits Use of Key Antimicrobials in Aquaculture to Combat Antimicrobial Resistance
India Prohibits Use of Key Antimicrobials in Aquaculture to Combat Antimicrobial Resistance: The Union Ministry of Commerce and Industry issued a landmark decision to prohibit the use of several medically important antimicrobials in India’s aquaculture sector. This move comes in response to growing concerns about antimicrobial resistance (AMR), which is fueled by the misuse of […]