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.
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.