The Union Cabinet has approved USD 808 million (INR 6,062.45 crore) for a new scheme 'Raising and Accelerating MSME Performance' (RAMP). The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23.
The Reserve Bank of India (RBI) has approved an extension in the tenure of Murli M Natarajan as the managing director and chief executive officer (MD & CEO) of DCB Bank for a period of two years.
The incumbent Serbian President Aleksandar Vucic has won the 2022 presidential and parliamentary elections with a landslide victory to secure a second five-year term.
The data released by the National Statistical Office (NSO) showed that the retail inflation rate in India rose to 6.95 per cent in March from a year ago.