The New Development Bank issued a Chinese yuan 7 billion bond (about USD 1.04 billion) in the China Interbank Bond Market with a 3-year maturity period.
The Ministry of Railways has signed a memorandum of understanding with the Centre for Development of Telematics (C-DOT) for the modernization of telecommunication facilities related to operations and safety.
The Supreme Court formed a high-level committee, headed by retired Bombay High Court Judge Pradeep Nandrajog, for recovery of money from the defaulters against whom the National Spot Exchange (NSEL) has secured money decrees.