The Indian Air Force (IAF) has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Madras for technology development and finding indigenous solutions for the sustenance of various weapons systems.
The Reserve Bank of India has imposed a penalty of Rs 93 lakh each on Axis Bank and IDBI Bank for non-compliance with certain directions issued by RBI.
The flagship scheme of the Ministry of Civil Aviation (MoCA) has been selected for the Prime Minister's Award for Excellence in Public Administration 2020 under the category "Innovation (General) - Central".