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.
China fired ballistic missiles and deployed fighter jets and warships on Thursday as it began its largest-ever military exercises around Taiwan, a show of force sparked by US House Speaker Nancy Pelosi's visit to the island.