According to theWorld Bank,Indian economy is set to grow at6.9 per centin 2022-23, raising its forecast of6.5 per cent growth made in October.In October, it had cut Indias GDP growth forecast to 6.5 per cent from 7.5 per cent earlier. Now, it has upgraded the projection to 6.9 per cent for 2022-23 (April 2022 -March 2023).

The institution said that the government is expected to meet the target of 6.4 per cent of the GDP in 2022-23.

The World Bank saw the government meeting the fiscal deficit target of 6.4 per cent of the GDP in 2022-23. It expected Inflation to be 7.1 per cent in current fiscal year.

The country however remains affected by spillovers from the US, Euro area and China. The World Bank saw the government meeting the fiscal deficit target of 6.4 per cent of the GDP in 2022-23. It expected inflation to be 7.1 per cent in current fiscal year.

The UAE has launched the first Arab-built moon rover

A SpaceX Falcon 9 rocket launched from the Cape Canaveral Space Force Station in Florida, carrying into space the first ever Arab-built lunar spacecraft.

The Rashid Rover was built by Dubais Mohammed bin Rashid Space Centre (MBRSC), in the United Arab Emirates (UAE), and is being delivered by the HAKUTO-R lander, engineered by Japanese lunar exploration company ispace. If the landing is successful, HAKUTO-R will also become the first commercial spacecraft ever to make a controlled landing on the moon.

The Rashid Rover, named after the late Sheikh Rashid Al Saeed, the former ruler of Dubai, will analyze the plasma on the lunar surface and conduct experiments to understand more about lunar dust. Razor-sharp lunar dust particles can stick to and erode spacesuits and equipment, causing operational problems for astronauts.