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RBI Monetary Policy Highlights June 2022: Repo Rate hiked by 50bps to 4.90 percent, GDP growth retained at 7.2% for FY 23

The MPC has retained India's GDP growth forecast for FY23 at 7.2 percent, with risks evenly balanced. 


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Parliamentary panel on Information Technology summons Facebook, Google on June 29

India’s Permanent Mission at the United Nations, on June 20, 2021, had clarified that the new Information Technology rules introduced by India have been ‘designed to empower the ordinary users of social media'. source