The Saudi General Authority of Civil Aviation (GACA) announced that the country's airspace will now be open to all carriers that meet its requirements for overflights.
RBI has imposed a monetary penalty of Rs.1 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on 'RBI (KYC) Directions, 2016'.
The World Bank approved a 500 million USD credit to help Bangladesh improve disaster preparedness against inland flooding in 14 flood-prone districts benefiting over 1.25 million people.
India-born Gita Gopinath became the first woman and second Indian to feature on the 'wall of former chief economists' of the International Monetary Fund (IMF).