India's external debt rose by 8.2 per cent year-on-year to USD 620.7 billion as of March 2022, as per the Union Finance Ministry's 'Status Report on India's External Debt 2021-22'.
The National Minorities Development and Finance Corporation (NMDFC) announced that it had entered into an agreement with ICICI Bank for the creation of mobile applications and financial accounting software.
Indian railways for the first time has floated a tender to invite private players to build a high-speed wheel plant under the Make in India initiative.