The Union Cabinet expanded the scope of the public procurement portal Government e-Marketplace (GeM) to allow cooperative societies to register as buyers.
India's leading sports and Management institute, the IISM in Mumbai, Maharashtra, launched India's first-ever book on Sports Marketing titled "Business of Sports: The Winning Formula for Success" authored by noted Sports author Vinit Karnik.
International Monetary Fund Managing Director Kristalina Georgieva announced the appointment of Indian national Krishna Srinivasan as Director of the Asia and Pacific Department (APD).