Public enterprises selection board (PESB) selected Mr Sanjai Kumar for the post of Chairman & Managing Director, RailTel Corporation of India Ltd (RCIL).
The reforms include loosening restrictions on foreign institutional investors' (FPIs') ability to invest in the debt market and raising the automated route's external commercial borrowing (ECB) cap from USD 750 million or its equivalent to USD 1.5 billion.
Nepal's Parliament passed the country's first Citizenship Amendment Bill, which was under discussion for more than two years as it could not forge a consensus among political parties.