Former NITI Aayog CEO Amitabh Kant is expected to be appointed as India's new G20 Sherpa, succeeding Union Commerce Minister Piyush Goel who has been tasked with other pressing duties.
RBI has imposed a monetary penalty of Rs.1 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on 'RBI (KYC) Directions, 2016'.
Italian Prime Minister Mario Draghi has submitted his resignation after populist coalition partner Five Star withdrew its support from his coalition government in a confidence vote.