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Daily Current Affairs

02 Jul 2025

Quad Critical Minerals Initiative

02 Jul 2025 GS 2 International Relations

Context: The Quad grouping — comprising India, the US, Japan, and Australia — launched a major new programme titled the "Quad Critical Minerals In...

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Cost Inflation Index (CII) - Explained!

02 Jul 2025 GS 3 Economy

What is the Cost Inflation Index (CII)? CII is a tool used to adjust the purchase price of long-term capital assets to reflect inflation. Th...

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Cost Inflation Index (CII) for FY 2025–26 Set at 376

02 Jul 2025 GS 3 Economy

Context: The Central Board of Direct Taxes (CBDT) has notified the Cost Inflation Index (CII) for Financial Year 2025–26 as 376, up from 363 in FY 2...

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Thailand–Cambodia Border Dispute

02 Jul 2025 GS 2 International Relations

Context: A long-standing border dispute between Thailand and Cambodia has flared up again, leading to military skirmishes, political tensions, and a m...

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Rare Earth Magnet Supply Crisis

02 Jul 2025 GS 3 Science & Technology

Context: Following China’s export restrictions on rare earth magnets (April 4, 2025), global industries—especially automakers and renewable energy...

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Barocaloric Solid-State Cooling Technology

02 Jul 2025 GS 3 Science & Technology

Context: A U.K.-based laboratory at the University of Cambridge is pioneering a revolutionary solid-state air-conditioning (A/C) technology using baro...

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