The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition.
Justice Uday U Lalit is set to become the 49th Chief Justice of India. The Chief Justice of India NV Ramana recommended Justice UU Lalit's name as his successor.
China has agreed to finance a feasibility study for a cross-border railway with Nepal under the trans-Himalayan multi-dimensional connectivity network.