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.
Prime Minister Narendra Modi laid the foundation stone and inaugurated the various projects worth 22,000 crore rupees at a function organized at Dahod in Gujarat.
Japan International Cooperation Agency (JICA) signed Japanese ODA Loan Agreements with the Government of India in Delhi, to provide Japanese ODA loans of up to a total of 312.258 billion Yen for 7 projects.
The Ministry of Steel recently announced that the country exported 13.5 million tonnes (mt) of finished steel amounting to Rs 1 lakh crore and imported steel of around Rs 46000 crores.