India and the United States signed an Investment Incentive Agreement (IIA) to pave a path to strengthen and promote DFC's investments in India in key sectors.
Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points (bps) to 4.40 percent with immediate effect from 4.00% earlier.
In a report published by Sweden-based think-tank Stockholm International Peace Research Institute titled "Trends in World Military Expenditure Report 2021", India's military expenditure is the third highest in the world after the US and China.