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.
The SEBI has reconstituted its alternative investment policy advisory committee. The reconstituted committee has 20 members. Infosys co-founder N R Narayana Murthy is the chair of this committee.