Union Minister of State for Science & Technology, Jitendra Singh inaugurated India's first Autonomous Navigation facility called TiHAN at the campus of IIT Hyderabad.
The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.
Secretary General of the bloc Zhang Ming said Varanasi, the holy city will be declared the first "Cultural and Tourism Capital" of the Shanghai Cooperation Organisation for 2022-23.
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'.