The Reserve Bank of India (RBI) in a sudden move on May 4, 2022, increased the policy repo rate by 40 basis points to 4.40 percent with immediate effect.
India has been unanimously elected as the new Chair of the Association of Asian Election Authorities (AAEA) for 2022-2024 at the meeting of the Executive Board and General Assembly in Manila, Philippines.
The Indian Air Force (IAF) has been placed at the third position on the World Air Power Index in terms of the total fighting strength of the various air services of different nations of the world.