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.
3 years is the minimum retention period under the re-introduced Voluntary Retention Route (VRR) for investments by Foreign Portfolio Investors (FPIs) by RBI.