NATIONAL POLICY

The data comes at a time steel makers have been raising concern over increasing imports from certain countries including China and seeking government's intervention on the issue.

The central bank will issue a draft circular in this regard for comments of all stakeholders. Under the liquidity coverage ratio (LCR) introduced post the global financial crisis, banks are currently required to maintain a stock of high quality liquid assets (HQLA) to cover the expected net cash outflows in the next 30 calendar days.

The RBI-led MPC kept the repo rate steady at 6.5 per cent for the seventh time, confirmed RBI governor Shaktikanta Das. The committee also maintained its 'withdrawal of accommodation' stance while concentrating on liquidity management to control inflation.

According to the Survey, released on Thursday, India’s performance in 2023 has been helped by its lack of external exposure, both to the developed world and to China. Instead, the growth drivers for the country are primarily domestic, it said.

The Academic Bank of Credit is a digital repository that stores credit information earned by students or learners throughout their educational journey. Under this, all recognised awarding bodies are required to register both their credentials and the students or learners.

Sastri said that the geospatial policy has liberalised the sector and enabled access and usage of geospatial data across industries and entities.

The Reserve Bank's MPC, led by Shaktikanta Das, likely to keep the interest rate unchanged in the upcoming policy amid improving economic growth. The outcome of the MPC meet will be announced on Friday, the first of the 2024-25 bi-monthly policies.

ED accuses Kejriwal of money laundering in Delhi excise policy. Kejriwal denies awareness of illegal activities, claims innocence. AAP leaders face corruption charges. Kejriwal's arrest linked to alleged scam. ED seeks judicial custody extension due to influence concerns.

Slamming the Centre for "cracking down on opposition," Trinamool Congress leader Mahua Moitra said that the Delhi CM has been arrested, MPs have been expelled and legal notices have been sent to opposition parties over income tax, adding to which she said, "All this is tarnishing India's image."

Ahead of this week's scheduled review meeting of the Monetary Policy Committee, market watchers and investors are keen to know the timeline for India's rate easing cycle. However, the texture - and driver - of India's robust economic growth rates suggest their wait will perhaps be of some duration.

RBI expected to maintain key rate in April amid strong GDP growth. MPC to consider global cues. Forecast suggests rate cut unlikely before August 2024, emphasizing inflation targeting.

Delhi's Rouse Avenue Court has extended Delhi Chief Minister Arvind Kejriwal's Enforcement Directorate (ED) custody until April 1, following a 7-day remand sought by the federal agency in the excise policy case. The AAP national convenor, arrested on March 21 and remanded to the agency's custody until March 28, sought his immediate release on the grounds that the arrest was illegal.

The Delhi High Court began hearing the Delhi Chief Minister Arvind Kejriwal's petition regarding his arrest by the Enforcement Directorate in connection with the excise policy case. Kejriwal, the National Convenor of the Aam Aadmi Party, was arrested as part of an ongoing money laundering investigation. He remains in ED custody until March 28.

The US abstention from a vote on a UN Security Council resolution demanding a Gaza ceasefire does not signal a change in Washington's policy, the White House said Monday. It does not represent a "shift in our policy," National Security Council spokesman John Kirby told journalists, saying the US backs a ceasefire but abstained because the resolution did not condemn Hamas. aue/wd/md

The compendium is prepared by the Centre for Public Policy at Anant National University and is intended to be a ready reckoner of policies aimed towards enhancing awareness of policy issues.

Stalin also launched the party's manifesto for the polls, which included promises to not implement the Citizenship Amendment Act (CAA), the National Educational Policy (NEP) and the Uniform Civil Code (UCC) in the state. ​The manifesto also made myriad other promises, including the appointment of 'good Governors,' granting statehood to Puducherry and a ban on the National Eligibility-cum-Entrance Test (NEET).

India's Consumer Price Index inflation was at 5.09% in February, largely unchanged from 5.10% a month ago. The RBI's target for the price gauge is 4%, with a latitude of 2 percentage points in either direction.

Amitabh Kant underscores learning from Israel's procurement model, advocates for government as first buyer, and promotes women-led development in startups. He emphasizes women's pivotal role in driving India's entrepreneurial landscape and fostering innovation.

Rajnath Singh has approved the expansion of the National Cadet Corps (NCC) by adding three lakh cadet vacancies, in response to increasing demand for NCC enrolment from educational institutions nationwide. The NCC, established in 1948 with 20,000 cadets, will now have a sanctioned strength of 20 lakh cadets, making it the world's largest uniformed youth organization. This expansion, aligned with the National Education Policy 2020, aims to empower youth as future leaders. The plan includes distributing vacancies evenly across all States and Union Territories, establishing new Group Headquarters, and adding new NCC units.

India's National Institute of Technology (NITI) has launched the 'NITI for States' portal, a multi-sectoral repository of over 900 datasets, 1,400 data profiles, and 350 publications. The portal aims to equip officials with robust knowledge, actionable insights, and user-friendly digital tools to accelerate digital transformation of governance.

Telecom Regulatory Authority of India (Trai) to issue consultation paper on the National Broadcasting Policy (NBP). Ministry seeks Trai's recommendations on the policy. Trai chairman addresses industry requirements in fireside chat and promotes orderly growth of the industry with removal of entry barriers.