International Monetary Fund (IMF) has agreed to provide a 2.9 billion dollar extended facility to Sri Lanka for a four-year period, with conditions on debt restructuring and action on corruption.
The Indian Army is conducting a 20-day long exercise named Parvat Prahar. It is conducted amid the disengagement process between India and China in the Gogra-Hot Springs area on the Line of Actual Control (LAC).
Director of the Department of Economic & Policy Research (DEPR), RBI, Dr Ashutosh Raravikar has authored a new book titled "Indian Banking in Retrospect - 75 years of Independence".