The All-India Council for Technical Education (AICTE) launched a portal of Student Learning Assessment (PARAKH), which will conduct assessments of students and faculty members of higher educational institutes and schools.
Reliance Retail, the retail arm of Reliance Industries Limited, has acquired a 25.8% stake in the online delivery platform Dunzo by investing $200 million (around Rs. 1,488 crores).
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.