The Reserve Bank of India (RBI) has permitted multilateral and regional financial institutions (FIs) to invest in masala bonds, rupee denominated bonds issued by Indian entities.
India was ranked 143rd out of 186 economies in the annual Index of Economic Freedom 2017 that measures the degree of economic freedom in the countries of the world.
Edappadi K Palaniswamy was sworn in as the 13th chief minister of Tamil Nadu.
The Supreme Court has introduced Middle Income Group Scheme, (MIGS) a self-supporting scheme for providing legal services to the middle and relatively lower income groups.
Renowned Hindi Scholar, litterateur and playwright Surendra Verma (75) was selected for the prestigious Vyas Samman 2016.