Daily Archives: April 8, 2021

AI Portal Supace

Recently, the Chief Justice of India (CJI) launched an Artificial Intelligence (AI) based portal ‘SUPACE’ in the judicial system aimed at assisting judges with legal research. SUPACE is short for Supreme Court Portal for Assistance in Court’s Efficiency. Earlier, the E-Courts Project was conceptualised on the basis of “National Policy and Action Plan for Implementation of Information and Communication Technology …

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G-SEC Acquisition Programme – G-Sap 1.0

The Reserve Bank of India recently announced a Government Security Acquisition Programme, GSAP 1.0. Under the programme, the central bank will purchase government bonds of worth Rs 1 trillion (or one lakh crores of rupees). The first purchase of Rs 25,000 crore is to be made on April 15, 2021. …

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RBI Consumer Confidence Index

The Reserve Bank of India recently released the report of Consumer Confidence Survey. The survey was conducted in major cities of the country over 5,000 respondents. Key Highlights of the survey The Consumer Confidence Index declined from 55.5 points in January 2021 to 53.1 points in March 2021. The Future …

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Recently, the President of India visited Japan. The visit was the first presidential visit to Japan after a gap of 29 years. The last presidential visit was in 1990 when the then President, RamaswamyVenkatraman, attended the enthronement ceremonies of Emperor Emeritus Akihoto who stepped down in 2018. Key Highlights The President attended the enthronement ceremony …

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India-Japan: Mou Signed For Academic and Research Cooperation

The Union Cabinet recently apprised a MoU (Memorandum of Understanding) signed between India and Japan. The MoU was signed between National Atmospheric Research Laboratory (NARL) that operates under Department of Space, GoI and the Research Institute for Sustainable Humanosphere called the RISH that operates under Kyoto University of Japan. What …

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Ins Sarvekshak: Joint Hydrographc Survey in Mauritius

The INS Sarvekshak is on a deployment to Mauritius for undertaking Hydrogrpahic surveys along with Mauritius. It will also provide training to the Mauritian personnel on advanced hydrographic equipment and practices during the deployment. Hydrographic Survey INS Sarvekshak has visited Port Louis and commenced the hydrographic survey of “Deep Sea …

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National Investigation Agency

The National Investigation Agency (NIA) was constituted under the National Investigation Agency (NIA) Act, 2008. It is a central agency to investigate and prosecute offences affecting the sovereignty, security and integrity of India, security of State, friendly relations with foreign States. against atomic and nuclear facilities. smuggling in High-Quality Counterfeit Indian Currency. …

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PLI Scheme for White Goods (Air Conditioners and LED Lights)

The Union Cabinet approved the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) with a budgetary outlay of Rs. 6,238 crore. The PLI Scheme for White Goods shall extend an incentive of 4% to 6% on incremental sales of goods manufactured in India for a …

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Monetary Policy

The Reserve Bank of India’s Monetary Policy Committee (MPC) has decided to keep its short term lending rate or the repo rate unchanged at 4 per cent, in line with market expectations. Announcing the monetary policy, RBI Governor said the central bank will maintain its ‘accommodative stance’ as long as …

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