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).
Defence Research and Development Organisation (DRDO) and Indian Army have successfully completed six flight tests of Quick Reaction Surface to Air Missile (QRSAM) system from Integrated Test Range (ITR) Chandipur off the Odisha coast. The flight tests were conducted as part of evaluation trials by the Indian Army.