Losoong/Namsung: This festival is normally observed in the first week of the 11th month of the Lunar Year. The Bhutias call it 'Losoong' and the Lepchas call it 'Namsung' which means a new year celebration. The festival marks the end of the harvest season and also marks the end of the farmers year.
Former Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as Vice President of the multilateral funding institution Asian Infrastructure Investment Bank (AIIB) for three years.
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