Beijing-based multilateral development bank Asian Infrastructure Investment Bank (AIIB) and the Asian Development (ADB) will co-finance a USD 2 billion loan for India to procure COVID-19 vaccines under ADB's Asia Pacific Vaccine Access Facility (APVAX).
An Indian-origin Canadian politician Anita Anand has been appointed as the new Defence Minister of the country in a Cabinet reshuffle by Prime Minister Justin Trudeau.