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.
The CEPA, is a free trade agreement between the two countries to increase the bilateral trade from the current USD 60 billion to USD 100 billion in the next 5 years.
The United Kingdom has closed the UK's Tier 1 investor visa, also known as the golden visa to all new applicants from all nationalities with immediate effect over security concerns.
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