The Reserve Bank of India (RBI) withdrew the restrictions on American Express Banking Corp and allowed the company to onboard new customers following satisfactory compliance with data storage norms.
The Indian Air Force will retire one of its four remaining squadrons, MiG-21 fighter jets by 2022 September and the other three are scheduled to be phased out by 2025.
Union Defence Minister Rajnath Singh attended the annual meeting of Defence Ministers of the Shanghai Cooperation Organisation (SCO) member states in Tashkent, Uzbekistan.