Its the first time that the RBI had recommended an Indian based bank to get merged with the Non-Indian based bank in its bid to save the former. 

The Indian economy is projected to contract by a massive 10.3 percent this year, which is the highest contraction and decline while compared to all the neighbors including Bangladesh and Pakistan.

After the GDP data captured the real state of the economy, it had triggered a massive outrage across the country and many have demanded Finance Minister Nirmala Sitharaman to step down.

The major acquisition from one of the significant industries has come days after the US E-commerce giant Amazon launched an online drug service in India.

Finance Minister Nirmala Sitharaman said that the Prime Minister's vision is to empower the taxpayer, to provide a transparent system & to honour honest taxpayers.

By calling the people to return to work, the Chief Minister stated that the economy is important and claimed that people who came from Tamil Nadu and Maharashtra had added more COVID-19 cases in Karnataka.

According to the government's press release, the investment expected through the MoUs is Rs 10,399 crore and it would also be providing employment opportunities for 13,507 people.

Sundar Pichai highlighted that "Our goal is to ensure India not only benefits from the next wave of innovation, but leads it".

According to the Income Tax department, out of 49.39 crore individual PAN cards, 32.17 crore had been linked with Aadhaar so far.

These MoUs would be attracting the investment of Rs 15,128 crore and the government has estimated that it would create over 47,000 jobs in the state.