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📝 Revision Notes
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Competition Law
CCI’s Economics Conference
The Competition Commission of India (CCI) hosted the 10th National Conference on Economics of Competition Law in New Delhi. Conducted annually since 2016, the conference focuses on competition law economics, anti-competitive practices, and market regulation to ensure fair business environments.
Health & Fitness
Fit India Carnival 2025 Launch
Dr. Mansukh Mandaviya inaugurated the first-ever Fit India Carnival 2025 at Jawaharlal Nehru Stadium, highlighting holistic well-being including physical fitness and mental health. The carnival promotes active lifestyles, sports participation, and wellness awareness across communities.
Transportation Technology
IIT Madras Hyperloop Facility
IIT Madras is developing a Hyperloop testing facility with Indian Railways Ministry support, featuring a 410-metre tube designed to be the world’s longest high-speed test track. Hyperloop technology uses low-pressure tube systems for ultra-high-speed transportation, potentially revolutionizing travel.
Insurance Sector
Magma General Insurance Acquisition
Patanjali Ayurved and DS Group acquired 98% stake in Magma General Insurance for ₹4,500 crore. The insurer’s Gross Written Premium (GWP) stood at ₹3,295 crore in 2024. This marks Patanjali’s expansion into financial services beyond FMCG and wellness sectors.
International Trade
India-New Zealand FTA Revival
India resumed FTA/CECA talks with New Zealand after nearly a decade. Talks began in 2010, paused after nine rounds in 2015, and are now being revived. CECA (Comprehensive Economic Cooperation Agreement) covers goods, services, and investment to boost bilateral trade and economic cooperation.
Cultural Heritage
Faya Palaeolandscape UNESCO Nomination
The Faya Palaeolandscape in Sharjah, UAE, covering 29,085 hectares, has been nominated for UNESCO World Heritage status. The site contains evidence of human history spanning 210,000 years, showcasing ancient human settlement patterns and archaeological significance in the Arabian Peninsula.
Geopolitics
Armenia-Azerbaijan Peace Treaty
The peace treaty text finalized between Armenia and Azerbaijan addresses the decades-long conflict over Nagorno-Karabakh. The 2023 military action resulted in displacement of 100,000 ethnic Armenians. The treaty aims to resolve territorial disputes and establish lasting peace in the South Caucasus region.
Economic Indicators
WPI Inflation February 2025
India’s Wholesale Price Index (WPI) rose to 2.38% in February 2025, driven by higher prices in manufactured food, textiles, and non-food articles. The Food Index eased from 7.47% to 5.94%, providing partial relief. WPI tracks price changes at the wholesale level before retail.
Space Exploration
Chandrayaan-5 India-Japan Mission
Chandrayaan-5, an approved India-Japan collaboration, will carry a 250-kg rover for lunar exploration—significantly heavier than Chandrayaan-3’s Pragyan rover. This joint mission represents deepening space cooperation between ISRO and JAXA for advanced lunar science and technology demonstration.
Sports
Hockey Jharkhand’s Historic Win
Hockey Jharkhand won its first-ever national title at the 15th Hockey India Senior Women National Championship 2025, defeating Hockey Haryana 4-3 in a shootout after a 1-1 regulation tie. This breakthrough victory marks a milestone in Jharkhand’s women’s hockey development.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
Which body hosted the 10th National Conference on Economics of Competition Law?
Competition Commission of India (CCI)
Annual conference since 2016 in New Delhi
Tap to Reveal
Who inaugurated the first Fit India Carnival 2025?
Dr. Mansukh Mandaviya
At Jawaharlal Nehru Stadium
Tap to Reveal
Which IIT is developing the world’s longest Hyperloop test track?
IIT Madras
410-metre tube with Railways Ministry support
Tap to Reveal
Who acquired 98% stake in Magma General Insurance?
Patanjali Ayurved & DS Group
₹4,500 crore deal
Tap to Reveal
With which country did India resume FTA talks after a decade?
New Zealand
Talks started 2010, paused 2015, now revived
Tap to Reveal
What region is disputed between Armenia and Azerbaijan?
Nagorno-Karabakh
100,000 ethnic Armenians displaced in 2023
Tap to Reveal
What was India’s WPI inflation in February 2025?
2.38%
Driven by manufactured food, textiles, non-food articles
Tap to Reveal
Which India-Japan lunar mission will carry a 250-kg rover?
Chandrayaan-5
Heavier than Chandrayaan-3’s Pragyan rover
Think & Discuss
Hyperloop in India: Revolutionary Transport or Expensive Experiment?
Context from today’s quiz: IIT Madras is developing the world’s longest Hyperloop test track (410 metres) with Indian Railways Ministry support. Hyperloop technology promises ultra-high-speed travel through low-pressure tubes, potentially transforming long-distance transportation with speeds exceeding 1,000 km/h.
🤔 Your Perspective Matters
While Hyperloop technology offers the allure of revolutionary speed and efficiency, skeptics question whether India should invest heavily in experimental, unproven technology when existing rail infrastructure needs massive upgrades, metro networks require expansion, and conventional high-speed rail remains unrealized in most corridors.
Should India pursue Hyperloop development as a leap toward cutting-edge transportation, or should resources focus on scaling proven technologies like high-speed rail and metro systems that can deliver immediate capacity improvements?
Should India pursue Hyperloop development as a leap toward cutting-edge transportation, or should resources focus on scaling proven technologies like high-speed rail and metro systems that can deliver immediate capacity improvements?
- Does investing in Hyperloop research position India as an innovation leader and create technological capabilities that could spawn new industries—or does it divert limited infrastructure budgets from projects with clearer return on investment?
- Can Hyperloop realistically address India’s mass transit needs given the technology’s constraints on passenger capacity, station density, and operational costs compared to conventional rail that can move millions daily?
- Should experimental transport projects like Hyperloop be funded primarily through research grants and private investment, keeping public infrastructure spending focused on proven high-capacity systems, or does government backing accelerate breakthrough innovations that eventually benefit everyone?
We’d love to hear your thoughts! Share your perspective in the comments.
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