The GDP growth forecast of India in fiscal FY2022 is estimated to grow at 6.5 per cent as per the United Nations World Economic Situation and Prospects (WESP) 2022 report.
The Goods and Services Tax (GST) Council, in its 46th meeting, decided to defer the proposed hike in tax rate for the textiles sector to 12 per cent from 5 per cent, which was to be implemented from January 1.
Prime Minister Narendra Modi inaugurated the new building of the Central Institute of Classical Tamil in Perumbakkam on the outskirts of Chennai city. CICT was formerly known as the Centre of Excellence for Classical Tamil (CECT).
Indian Govt has approved the issuance of the 19th tranche of electoral bonds to SBI, which will be open for sale between 1st January 2022 and 10th January 2022.