Rating agency Moody's has revised downwards the economic growth forecast of India by 40 basis points to 9.1 percent in the Calendar Year 2022 (CY2022), due to adverse effects of the Russia-Ukraine conflict on the global economy.
Singapore-based T Raja Kumar has been appointed as the chairman of the Financial Action Task Force, the world's anti-money laundering and anti-terrorism financing agency.
Nepalese Parliament approved a $500 million U.S. government aid program Millennium Challenge Corporation overcoming domestic political divisions and objections from China.
The Ministry of Defence (MoD) bans imports of 107 strategically important Line Replacement Units (LRUs)/sub-systems to promote self-reliance in defence manufacturing and minimize imports by Defence Public Sector Undertakings (DPSUs) under 'Atma Nirbhar Bharat'.
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