The Reserve Bank of India (RBI) maintained an accommodative stance and cut the real Gross Domestic Product (GDP) growth projection for the 2022-23 to 7.2 percent, against the earlier projection of 7.8 percent.
The Ministry of Steel recently announced that the country exported 13.5 million tonnes (mt) of finished steel amounting to Rs 1 lakh crore and imported steel of around Rs 46000 crores.