Rating agency Moody's has revised the economic growth estimates of India for Calendar Year (CY) 2022 and CY2023, in its Global Macro Outlook 2022-23, CY2022- 9.5 percent (Earlier it was 7 percent) CY2023 - 5.5 percent.
Khadi and Village Industries Commission (KVIC) has cancelled the "Khadi Certification" of its oldest Khadi Institution named Mumbai Khadi & Village Industries Association (MKVIA).
Hindustan Petroleum Corporation Ltd. has marked its foray into the non-fuel retailing sector by inaugurating its Retail Store under the brand name HaPpyShop, to make available the products of daily need to its customers at their convenience.