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 (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.