The Indian Army is conducting a 20-day long exercise named Parvat Prahar. It is conducted amid the disengagement process between India and China in the Gogra-Hot Springs area on the Line of Actual Control (LAC).
India has for the first time referred to what it called "the militarization of the Taiwan Strait", marking a rare instance of New Delhi appearing to comment on China's actions towards Taiwan.
The Finance Ministry constituted an expert committee headed by former SEBI chief M. Damodaran to examine and suggest measures to address regulatory issues to scale up investments by venture capital (VC) and private equity (PE).
The Reserve Bank of India (RBI) namely HDFC Bank has been selected for the 'test phase' of the 'On Tap' application facility for the theme 'Retail Payments' under regulatory Sandbox.