The Philippines has accepted the proposal of the Indian BrahMos Aerospace Private Limited worth USD 375 million to supply shore-based anti-ship missile systems for the Indian Navy.
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.
NITI Aayog has released a report titled 'Banking on Electric Vehicles in India', which outlines the need and importance of inclusion of Electric Vehicles in RBIs priority-sector lending guidelines.
The NATO member countries will be conducting a 12-day maritime exercise in the Mediterranean Sea. The name of the maritime exercise is "Neptune Strike '22".