The Federation of Indian Chambers of Commerce & Industry (FICCI) has estimated India's GDP to grow at 7.4 per cent in the financial year 2022-23 (FY23).
Monsoon rainfall is likely to be "normal" at 99% of long period average (LPA) with an error margin of +/-5%, India Meteorological Department (IMD) said in its long-range forecast.
The Asian Development Bank (ADB) signed a loan agreement worth $2 million with the Indian Government to support the designing of climate-resilient urban infrastructure and strengthening institutional capacity and improving municipal resource mobilisation in Nagaland.