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Reserve Bank of India's new mechanism for settling international trade in Indian currency is a significant step toward internationalizing the rupee in the long run, said Pradeep Multani, President, PHD Chamber of Commerce and Industry.
In June 2022, the all-India unemployment rate was 7.80 per cent.
The World Bank has slashed India's economic growth forecast for the current fiscal to 7.5 per cent. The Reserve Bank of India also retained its GDP growth forecast at 7.2 per cent for the current fiscal, , india, economy, indian economy, gdp growth, economic growth, piyush goyal, amit shah, prime minister, narendra modi
Get latest articles and stories on Business at LatestLY. India's factory output measured by the Index of Industrial Production (IIP) posted a robust growth of 19.6 per cent in May 2022, sharply higher from 7.1 per cent recorded in the previous month, as per the government data released on Tuesday. Business News | India's Industrial Growth Surges to 19.6 Per Cent in May.
Headed by Union Finance Minister Nirmala Sitharaman, the panel consists of representatives of all states and union territories , , gst council, gst, india, economy, GST Collection