Category: Polity Current Affairs

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 […]

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 […]

Competition Commission of India (Determination of Cost of Production) Regulations, 2025: The Competition Commission of India recently notified the Competition Commission of India (Determination of Cost of Production) Regulations, 2025, aimed at effectively assessing alleged predatory pricing and deep discounting practices in the quick commerce and e-commerce sectors. Competition Commission of India (Determination of Cost […]

Cashless Treatment of Road Accident Victims Scheme, 2025: The Government of India recently launched a groundbreaking cashless treatment scheme for road accident victims across the country, ensuring swift and hassle-free medical care for those affected. Under the scheme, any individual injured in a road accident involving a motor vehicle on any public road in India […]

Tamil Nadu Chief Minister M.K. Stalin has announced that May 5 will soon be designated as Traders Day: Tamil Nadu Chief Minister M.K. Stalin announced that the state will soon officially declare May 5 as Traders Day, addressing a long-standing demand of the business community. Speaking at a traders’ conference in Chennai, Stalin reaffirmed the […]

FSIB Recommends Sanjay Joshi as CMD of Oriental Insurance: The Financial Services Institutions Bureau (FSIB) has recommended Sanjay Joshi, a seasoned officer from the 1989 batch, for the post of Chairman-cum-Managing Director (CMD) of the Oriental Insurance Company Limited (OICL). This decision comes after the retirement of R.R. Singh in February 2025, with Joshi currently […]

Prakash Magdum Appointed as New MD of NFDC: Shri Prakash Magdum, a seasoned Indian Information Service (IIS) officer of the 1999 batch, officially assumed charge as the Managing Director of the National Film Development Corporation (NFDC). With a career spanning over two decades in film, communication, and cultural preservation, Shri Magdum brings a wealth of […]

Yemen Appoints Finance Minister Salem Bin Braik as New Prime Minister: Yemen’s Presidential Leadership Council (PLC) appointed Salem Saleh Bin Braik, the country’s long-serving Finance Minister, as the new Prime Minister on May 5, 2025. This decision follows the sudden resignation of Ahmed Awad bin Mubarak, who cited constitutional limitations and a lack of authority […]

ECINET: In a significant step towards streamlining electoral services, the Election Commission of India (ECI) will be launching a single-point digital platform called ECINET. ECINET is a single-point digital platform being developed by the Election Commission of India (ECI). It is a new user-friendly digital interface for the electors and other stakeholders such as the […]