The Foreign Direct Investment flows to India fell by 26 percent in 2021, compared to 2020, as per the UN Conference on Trade and Development Investment Trends Monitorpublished.
Prime Minister Narendra Modi inaugurated the new building of the Central Institute of Classical Tamil in Perumbakkam on the outskirts of Chennai city. CICT was formerly known as the Centre of Excellence for Classical Tamil (CECT).
Ratings and research firm Icra has estimated that India's economy will grow at 9% in FY22 and FY23 amid the uncertainty triggered by the Omicron variant of Covid-19.
India's gross domestic product (GDP) is likely to grow at 5.8 percent in the third quarter of the financial year 2022, as per the latest SBI research report.
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