TOP NEWS OF THE DAY: 1. Indian economy to grow by 7%-7.8% in | Finlight

TOP NEWS OF THE DAY:


1. Indian economy to grow by 7%-7.8% in FY23 despite global headwinds: Experts


2. Gautam Adani, Asia’s richest person, and his family have pledged to donate Rs 60,000 crore to a slew of social causes, to mark his 60th birthday. The Adani Foundation will administer this corpus.


3. Indian media, entertainment industry may touch Rs 4.3 trn by 2026: Report


4. AI adoption to add $500 billion to India's GDP by 2025: Nasscom report


5. India’s monetary policymakers will likely raise interest rates two more times before they even consider taking a breather toward the end of the year: Reports


6. Bangladesh tries to secure wheat from Russia as India stops exports: Report


7. Australia donates $15 mn to UN's emergency food fund for Sri Lanka: Reports


8. Cumulative profits of top 500 companies as a percentage of the country’s gross domestic product (GDP) hit an 11-year high of 4.3 percent in 2021-22 (FY22): Reports


9. Current account deficit (CAD) decreased sequentially to $13.4 billion (1.5 percent of GDP) in the fourth quarter ended March 2022. CAD was down from $22.2 billion (2.6 percent of GDP) in the third quarter ended December 2021: Reports


10. Chinese banks to provide $2.3 bn to Pak 'within days' under the loan agreement: Reports