Former Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as Vice President of the multilateral funding institution Asian Infrastructure Investment Bank (AIIB) for three years.
Losoong/Namsung: This festival is normally observed in the first week of the 11th month of the Lunar Year. The Bhutias call it 'Losoong' and the Lepchas call it 'Namsung' which means a new year celebration. The festival marks the end of the harvest season and also marks the end of the farmers year.
TerraPay has signed an MOU with NPCI International Payments Limited (NIPL) that will allow Indian customers with an active UPI ID to receive real-time, international payments into their bank accounts via TerraPay's secure payments technology.
Reliance Industries Ltd (RIL) has announced the acquisition of a controlling stake in Mandarin Oriental New York, a premium luxury hotel in midtown Manhattan.
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