The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.
Indian Navy's stealth frigate INS Tarkash, visited Djibouti and conducted a Maritime Partnership Exercise with Sudan Navy ships Almazz and Nimer in the Red Sea near the Sudan Naval Base.
The Securities and Exchange Board of India (SEBI) has approved the appointment of Ashishkumar Chauhan as the next Managing Director and CEO of the National Stock Exchange (NSE).