The Reserve Bank has decided to reduce the Ways and Means Advances (WMA) for States Governments and Union Territories (UTs) from Rs 51,560 crore to Rs 47,010 crore, considering the improvement in the pandemic situation.
The Securities and Exchange Board of India (SEBI) has launched an Ideathon named 'Manthan', for supporting new ideas and innovations in the securities market.
The World Bank has issued the world's first Wildlife Conservation Bond (WCB) or the "rhino bond", raising $150 million to help efforts to increase the endangered black rhino population in South Africa, the bank said in a statement on Thursday.
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