World merchandise trade volume is expected to grow 3.0% in 2022 (down from 4.7% previously) and 3.4% in 2023, but these figures may be subject to revision due to uncertainty about the course of the conflict in Ukraine.
Ajay Kumar Sood, a member of the Prime Minister's Science, Technology and Innovation Advisory Council, has been appointed to the post for three years, replacing renowned biologist K Vijayaraghavan.
The Reserve Bank of India has set the limit for Ways and Means Advances (WMA) for the Central Government for the first half of the financial year 2022-23 (April 2022 to September 2022) at Rs. 1,50,000 crore.