The Cabinet Committee on Economic Affairs has approved an MoU between India and Nepal for the construction of a bridge over the Mahakali River, which forms the border between India and Nepal.
India has announced financial assistance of USD 900 million loan to Sri Lanka to help the island nation in building up its depleted foreign reserves and for food imports.
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.