The Union Cabinet approved additional funding of Rs 820 crore for India Post Payments Bank (IPPB) for the expansion of its services to all post offices in the country. Out of the 1.56 lakh post offices, IPPB currently operates from 1.3 lakh post offices. Since the launch, it has opened over 5.25 crore accounts with 82 crore aggregate number of transactions.
Indian Army is planning to buy 12 Swathi Weapon Locating Radars indigenously developed by the DRDO. It will help the forces to know the exact location of the artillery guns fired by the enemy.