Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project under which the two central banks will link their respective fast payment systems viz, Unified Payments Interface (UPI) and PayNow.
The Tamil Nadu Assembly passed a bill that makes the encroachment of properties belonging to religious institutions a cognizable and non-bailable offence.
The Government of India has proposed to institutionalise the India-Africa Defence Dialogue, as a regular event, to be held on the sidelines of the biennial DefExpo military exhibition.