Catch all the latest news from around the world here

Indian Economy

<div>
	India&#39;s GDP growth is on course to print close to 7 per cent this year in 2022-23, foreign brokerage, JP Morgan said in a report. While buoyant, it would still leave output about 7 per cent below its pre-pandemic potential trend, reflective of impact of the pandemic and adverse terms of trade shock from higher commodity prices in 2022. Growth is expected to slow in 2023-24, on the back of a sharp global slowdown, which is weighing on exports, and the progressive fiscal and monetary policy normalization at home, JP Morgan said.</div>
<div>
	<br />
	Elon Musk on Friday announced that Twitter accounts engaged in doxxing will receive a temporary seven-day suspension. This came after Musk earlier suspended Jack Sweeney&#39;s Twitter account who tracked Musk&#39;s private jet. Emphasising that criticising him all day long is totally fine, &quot;but doxxing my real-time location and endangering my family is not&quot;. &quot;7 day suspension for doxxing. Some time away from Twitter is good for the soul,&quot; he chuckled, after organising a poll on the subject on his Twitter handle.</div>
<br />
<div>
	The Union government on Friday slashed the windfall tax on domestically produced crude oil and diesel effective December 16, 2022. The Ministry of Finance slashed the tax on crude oil produced by firms such as state-owned Oil and Natural Gas Corporation (ONGC) to Rs 1,700 per tonne from the existing Rs 4,900 per tonne, a government notification said. The ministry also cut the rate on diesel exports to Rs 5 per litre from Rs 8 per litre in the fortnightly revision of the windfall profit tax. The windfall tax on aviation fuel ATF has been reduced to Rs 1.5 per litre from Rs 5 per litre, the notification said.</div>

Latest news LIVE: India's growth expected to slow in FY24, says JP Morgan

Business Standard

Latest news LIVE: India's growth expected to slow in FY24, says JP Morgan | Current Affairs News National - Business Standard

India successfully test fires Agni-V missile amid row with China

<div>
	India on Thursday successfully test-fired a nuclear-capable Agni-V ballistic missile having a range of over 5,000 km, which came on the sidelines of the recent clashes between Indian and Chinese troops along the Line of Actual Control (LAC) in Arunachal Pradesh&#39;s Tawang. The missile was test-fired from Abdul Kalam Island off the Odisha coast. The test validated a number of critical aspects of the weapon, people aware of the development told Press Trust of India.&nbsp;</div>