Mini Ipe took charge as managing director of Life Insurance Corporation of India. Ipe is a post-graduate in commerce and joined LIC in 1986 as a direct recruit officer. She has a diverse experience in LIC having worked in various capacities.
European Space Agency (ESA) launched 'Eutelsat Quantum', the world's 1st commercial reprogrammable satellite into space aboard Ariane 5 rocket from French Guiana. It is a fully flexible software-defined satellite.
The government has set the loans disbursement target under the PM Mudra Yojana (PMMY) at Rs 3 trillion for 2021-22 (FY22). This target is lower than the previous year. For FY21, the target was set at Rs 3.21 trillion.