The State Bank of India (SBI) will set up an Innovation, Incubation and Acceleration Centre (IIAC) at Hyderabad, Telangana which will be operational in six to nine months of on-boarding a consultant.
Rating agency Moody's has revised downwards the economic growth forecast of India by 40 basis points to 9.1 percent in the Calendar Year 2022 (CY2022), due to adverse effects of the Russia-Ukraine conflict on the global economy.
The President of India, Shri Ram Nath Kovind, has inaugurated a newly developed "Arogya Vanam" at the President's Estate in New Delhi to promote the importance of Ayurvedic plants and their effects on the human body.