Former Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as Vice President of the multilateral funding institution Asian Infrastructure Investment Bank (AIIB) for three years.
As per the weekly Reserve Bank of India (RBI) data, the foreign exchange reserves of India declined by $878 million to USD 632.736 billion in the week ended January 7, 2022.
The Government of India officially handed over India's flag carrier, Air India to Talace Private Limited, a subsidiary of Tata Group, almost 69 years after acquiring the conglomerate. The total value of the deal is Rs 18,000 crore
Director General of ITBP Sanjay Arora has been given additional charge of other Border Security Force Sashastra Seema Bal. Because Pramukh Kumar Rajesh Chandra is about to retire.
Citing the massive surge in Omicron infections and the resultant impact on overall economic activities in the March quarter, Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1 per cent from 9.5 per cent earlier.