The Union Cabinet has approved an amendment to the FDI Policy to allow FDI up to 20 percent under the "automatic route" in LIC. This comes ahead of IPO of LIC. It must be noted that the FDI limit in the insurance sector is 74 percent. Last year it was raised from 49% to 74%.
The Haas Formula One team has terminated their contract with Russian driver Nikita Mazepin with immediate effect following Russia's invasion of Ukraine.
Australia arrived in Pakistan for its first cricket tour in 24 years amid tight security. Australian skipper Pat Cummins said that the tight security surrounding their team was comforting and would not be a distraction.
The Indian Railways has commissioned the first 'Gati Shakti Multi-Modal Cargo Terminal' (GCT) in Asansol Division of Eastern Railways, under the PM GATI-SHAKTI programme.
India's first ambulance for street animals has been launched in Chennai. It has been started by the Blue Cross of India in collaboration with the international animal welfare organization "Four Paw".
The Indian Institute of Management at the Center for Digital Transformation, Ahmedabad, launched a Retail Tech Consortium to partner with several retail and technology companies in India.
EXAMIANS