The SBI Research Report, Ecowrap, has revised downwards the GDP growth rate of India for FY22 to 8.8 percent. Earlier this was estimated at 9.3 percent.
Gujarat government has announced a new IT/ITeS policy for the next five years. The new IT/ITeS policy aims to provide financial incentives up to 200 crore rupees to the entities willing to incur capital expenditures.
Israel has successfully tested a new naval air defence system called 'C-Dome'. It is a naval version of Israel's Iron Dome, which is an air defence system that can intercept and destroy short-range rockets and missiles.