NITI Aayog partnered with World Resources Institute (WRI), India has launched the country's 1st national electric freight platform- e-FAST India (Electric Freight Accelerator for Sustainable Transport).
The Reserve Bank of India announced the guidelines on digital lending. The central bank has given regulated entities (RE) till November 30th to put in place adequate systems and processes to ensure that 'existing digital loans' comply with fresh lending guidelines.
According to figures from the International Monetary Fund (IMF), India passed the United Kingdom (UK) to become the fifth-largest economy in the world in the last quarter of 2021.
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