The Appointments Committee of Cabinet (ACC) has approved the appointment of the former Chief Economic Advisor (CEC) Dr. Krishnamurthy Subramaniam to the post of Executive Director (India) at the International Monetary Fund (IMF).
With the global economic growth slowing, Morgan Stanley in its research report has revised India's GDP growth estimates to 7.2 percent in FY23 from 7.6 percent and 6.4 percent for FY24 from 6.7 percent.
Due to the lender's worsening financial situation, the RBI imposed some limitations on Mumbai-based Raigad Sahakari Bank, including a withdrawal cap of Rs 15,000 per customer.
EXAMIANS