The Securities and Exchange Board of India, known as SEBI, and the Bank of England have signed a memorandum of understanding. The development forms part of broader administrative and policy updates reported across sectors.

Khelo India Scheme Approved

In a major step to boost the sports and manufacturing sectors at the central level, the government has approved the Khelo India Sports Goods Manufacturing Scheme with an outlay of 1,856 crore rupees. The scheme aims to encourage the manufacturing of sports equipment within the country.

Alongside these policy decisions, other developments took place across various fields. India and Kenya conducted a joint maritime exercise in Mombasa.

Other National and International Updates

In other administrative updates, Noel Tata is set to step down from six trusts. Additionally, wrestlers Kajal and Neelam won silver medals at the World Wrestling Championship.

In water resource management, the Union Ministry of Water Resources has launched a new recharge app.