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.
Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy has announced an increase in the retirement age of state government employees from 60 years to 62 years.
Ratings and research firm Icra has estimated that India's economy will grow at 9% in FY22 and FY23 amid the uncertainty triggered by the Omicron variant of Covid-19.
Reliance Industries Ltd (RIL) has announced the acquisition of a controlling stake in Mandarin Oriental New York, a premium luxury hotel in midtown Manhattan.