The Odisha Government has signed an MoU with the Chennai-based National Institute of Ocean Technology (NIOT) for the protection of coastal areas from various natural calamities like floods, cyclones, soil erosion and high tide, etc.
Reserve Bank of India (RBI) Governor Shaktikanta Das-chaired Monetary Policy Committee (MPC) raised the repo rate by 50 basis points (bps) to 5.40 percent.