Mini Ipe took charge as managing director of Life Insurance Corporation of India. Ipe is a post-graduate in commerce and joined LIC in 1986 as a direct recruit officer. She has a diverse experience in LIC having worked in various capacities.
The Union Cabinet has approved a Memorandum of Understanding (MoU) between the Indian Institute of Space science and Technology (IIST) and the Netherlands' The Delft University of Technology (TU Delft) for research collaboration.
USA has approved the sale of Harpoon Joint Common Test Sets to India worth USD 82 million. Harpoon is an all-weather, over-the-horizon, anti-ship missile system.