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.
The Government of India has appointed IFS Vinay Mohan Kwatra as the new Foreign Secretary of India. He is currently serving as the Ambassador of India to Nepal since March 2020.
State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.
Animal Husbandry and Dairying Department of the Government of India has started a pilot project "One Health" to implement the One Health Framework through the One Health Support Unit in Uttrakhand.