Day: November 9, 2024

News: The Union Labour Ministry has informed about the successful pilot run of the proposed Centralised Pension Payments System (CPPS) under the Employees’ Pension Scheme (EPS) of the Employees Provident Fund Organisation (EPFO). The trial run was completed on 29 and 30 October 2024. 1. The pilot run involved disbursing pensions worth more than Rs… Continue reading Centre announces successful trial run of new pension scheme

News: The government plans to more than double the staffing at the Central Drugs Standard Control Organisation (CDSCO). The aim is to strengthen enforcement of good manufacturing practices for medicines, vaccines and medical devices. 1. Central Drugs Standards Control Organisation is the National Regulatory Authority (NRA) for drugs and medical devices in India. 2. CDSCO… Continue reading Regulator gets staff to enforce drug quality

News: An investigation by the Competition Commission of India has found food delivery giants Zomato and Swiggy breached competition laws by favouring select restaurants listed on the platforms. 1. Competition Commission of India is a statutory body established under the provisions of the Competition Act 2002. 2. It is responsible for promoting competition, preventing anti-competitive… Continue reading Zomato, Swiggy breached antitrust laws: CCI probe

News: Anti-corruption watchdog Lokpal has asked SEBI’s Chief to explain the conflict-of-interest charges levelled against her in three separate complaints that cited a recent report from the U.S.- based shortseller firm, Hindenburg Research. 1. Lokpal is an anti-corruption authority established under the provisions of the Lokpal and Lokayukta Act, 2013. 2. The institution of the… Continue reading Explain conflict of interest charges: Lokpal to SEBI Chief

News: A seven-judge constitution bench of the Supreme Court has held that an educational institute established by a minority community will not lose its identity once it is recognised through a statute. In doing so, it has overruled its judgement in the 1967 case of S. Azeez Basha versus Union of India, which denied minority… Continue reading SC overrules 1967 verdict against AMU’s minority tag