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Search resuls for: "Anjali Verma"


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Last week, the American Civil Liberties Union sent 300 high school students to Capitol Hill to lobby against the Kids Online Safety Act, a bill meant to protect children online. The teenagers told the staffs of 85 lawmakers that the legislation could censor important conversations, particularly among marginalized groups like L.G.B.T.Q. “Regardless of your political perspective, this looks like a censorship bill.”The effort was one of many escalations in recent months by those who oppose the bill. In June, a progressive nonprofit, Fight for the Future, organized students to write hundreds of letters to urge lawmakers to scrap it. Conservative groups like Patriot Voices, founded by the former Republican senator Rick Santorum of Pennsylvania, are also protesting with an online petition.
Persons: , Anjali Verma, Rick Santorum Organizations: American Civil Liberties Union, Capitol, Kids, Bucks, Conservative, Republican, Pennsylvania Locations: Bucks County, Pa
The monetary policy committee (MPC) retained the key lending rate or the repo rate (INREPO=ECI) at 6.50% in a unanimous decision. With the likely softening of CPI to the low- to mid-5% levels in the coming month, the current repo rate of 6.5% implies that India’s real policy rate will hover around 1% during 2023-24, while maintaining a policy rate differential of about 1.5% with the US. Room for additional rate hikes has been retained with MPC’s policy stance continuing to remain unchanged at ‘withdrawal of accommodation’. We believe the bar for future rate hikes has increased, especially since near-term prints of CPI will be sub 6%. Scope for further hikes is limited given our growth-inflation outlook and impact of the past rate hikes on the same.
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