Debashish Mitra, President, Institute of Chartered Accountants of India, India is all set to host the 21st World Accountants Congress, the Kumbh of Accountants, for the first time in its 118 years of existence.
Asian Development Bank and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India.
Telangana launched its Space Tech Framework to promote domestic production of launch vehicles, satellite systems and subsystems, ground equipment manufacturing and other facilities.
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.