Prime Minister of India Shri Narendra Modi hosted the first India-Central Asia Summit through a virtual platform. The central Asian region has five recognized countries.
During the event, the Minister unveiled 'LEAP' as the way forward to further strengthen our Startups ecosystem. LEAP stands for "Leverage, Encourage, Access & Promote".
Citing the massive surge in Omicron infections and the resultant impact on overall economic activities in the March quarter, Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1 per cent from 9.5 per cent earlier.