Reserve Bank of India (RBI) Governor Mr Shaktikanta Das announced Bharat Bill Payment System (BBPS) to facilitate inward gross payments for Non-Resident Indians (NRIs) to pay bills in India.
India's GDP growth is projected to spike to a four-quarter high of 13 per cent in Q1 (April-June) FY23 due to a low base of Covid 2.0 and robust recovery in contact-intensive services, according to ICRA.