ICRA projects India’s GDP growth to moderate at 6.7% in March quarter
In the March quarter of 2022-23 fiscal, the country’s GDP expanded 6.1 per cent, as per May 31, 2023 estimates. The growth for full fiscal 2022-23 was 7 per cent.
India recorded 2,82,970 new Covid cases in the last 24 hours, registering a rise of over 18 per cent from the previous day’s count and 441 deaths, said the Union ministry of health and family welfare on Wednesday.
With 441 more fatalities, the total toll has risen to 4,87,202, the ministry data showed.
Meanwhile, the active caseload has jumped to 18,31,000 which constitutes 4.83 per cent of the country’s total positive cases.
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The Omicron infection tally has risen to 8,961 across the nation, an increase of 0.79 per cent from Tuesday’s.
The recovery of 1,88,157 patients in the last 24 hours has increased the cumulative tally to 3,55,83,039. Consequently, India’s recovery rate stands at 93.88 per cent.
Also in the same period, a total of 18,69,642 tests were conducted across the country. India has so far conducted over 70.74 crore cumulative tests.
The weekly positivity rate has climbed to 15.53 per cent amid a sudden spike in cases. The daily positivity rate has declined to 15.13 per cent.
With the administration of over 76 lakhs vaccine doses in the last 24 hours, India’s Covid inoculation coverage has reached 158.88 crore as of Wednesday morning.
More than 12.84 crore balance and unutilised Covid vaccine doses are still available with the states and UTs to be administered, according to the health ministry as of Wednesday morning.
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