The RBI has imposed a monetary penalty of Rs. 3 crore on the ICICI Bank Ltd. for non-compliance with certain RBI directions in the matter of shifting of securities from one category to another.
The Badminton World Federation has nominated Indian shuttler PV Sindhu and Michelle Li as the athlete ambassadors for the 'Believe in Sport' campaign, launched by the IOC.
In India, the Coal Miners Day is celebrated on May 4 every year to recognize the hard work of some of the great unsung heroes of Industrial Revolution.