The Reserve Bank of India has issued guidelines regarding the Securitisation of Standard Assets. As per the guidelines, the minimum ticket size for the issuance of securitization notes will be Rs. 1 crore.
Union Minister for Commerce, Industry and Textiles Piyush Goyal announced to set up a "Weaver Services and Design Resource Center" in Kullu district of Himachal Pradesh.
Hindustan Petroleum Corporation Limited (HPCL) is partnering with ICICI Bank, which will allow customers to use their ICICI Bank FASTag to pay for fuel and lubricants at HPCL retail outlets.
Nagaland's "sweet cucumber" was awarded a geographical identification (GI) tag as an agricultural product under provisions of The Geographical Indications of Goods (Registration and Protection) Act, 1999.