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.
Prime Minister Narendra Modi will inaugurate and lay the foundation stone of multiple development initiatives worth over Rs 1800 crores in Varanasi, Uttar Pradesh on July 7, 2022.
The Cabinet Committee on Economic Affairs (CCEA) has approved Taranga Hill-Ambaji-Abu Road new rail line in Gujarat and Rajasthan to provide connectivity and improve mobility.
EXAMIANS