The Union Cabinet approved additional funding of Rs 820 crore for India Post Payments Bank (IPPB) for the expansion of its services to all post offices in the country. Out of the 1.56 lakh post offices, IPPB currently operates from 1.3 lakh post offices. Since the launch, it has opened over 5.25 crore accounts with 82 crore aggregate number of transactions.
The Haryana State Government launches 'e-Adhigam' scheme under which nearly 3 lakh students will be receiving tablet computers to aid their online education.
Union Minister for Power, New and Renewable Energy, R.K Singh, and German Minister for Economic Affairs and Climate Change Dr. Robert Habeck virtually signed a Joint Declaration of Intent on an Indo-German Hydrogen Task Force.
S&P Global Ratings cut India's growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict.