The Reserve Bank of India (RBI) maintained an accommodative stance and cut the real Gross Domestic Product (GDP) growth projection for the 2022-23 to 7.2 percent, against the earlier projection of 7.8 percent.
China has signed a wide-ranging security pact with the Solomon Islands that seeks to enhance social stability and long-term tranquillity in the Islands.
Monsoon rainfall is likely to be "normal" at 99% of long period average (LPA) with an error margin of +/-5%, India Meteorological Department (IMD) said in its long-range forecast.
The gross goods and services tax (GST) revenue collected in March 2022 is INR 1.42 lakh crore, the highest ever since the implementation of the new taxation system.