The Reserve bank of India authorizes all Pre-paid Instruments (PPI) in India, under the powers conferred under the Payment and Settlement Systems Act, 2007 (PSS Act).
'Giant Metrewave Radio Telescope (GMRT)' is an array of thirty fully steerable parabolic radio telescopes. It is located near Pune at Khodad in Maharashtra.
Centre has appointed JNU (Jawaharlal Nehru University) Vice-Chancellor, M Jagadesh Kumar as the new Chairman of the University Grants Commission (UGC).
Equitas Small Finance Bank has raised Rs 550 crore in total from the government of Singapore, Singapore's central bank (Monetary Authority of Singapore) and a host of local mutual funds in the qualified institutional placement of equities.
Rating agency Moody's has revised the economic growth estimates of India for Calendar Year (CY) 2022 and CY2023, in its Global Macro Outlook 2022-23, CY2022- 9.5 percent (Earlier it was 7 percent) CY2023 - 5.5 percent.