In a positive economic outlook, the Asian Development Bank (ADB) has revised India's GDP growth forecast for the current fiscal year to 7%, up from the previous estimate of 6.7%. This upward revision reflects ADB's confidence in India's robust growth trajectory, driven by investments and improved consumer demand.

India's retail inflation has hit a 10-month low, standing at 4.85% for the month of March 2024, compared to 5.09% in the previous month. This decline, below earlier predictions, marks a significant easing in inflationary pressures.

Tesla CEO Elon Musk's upcoming visit to India is poised to be a whirlwind of activity, with significant announcements and high-profile meetings on the agenda. Scheduled to last around 48 hours, Musk's visit is set for April 21 and 22, during which he will engage with Prime Minister Narendra Modi, government officials, industry representatives, and unveil ambitious plans for the Indian market.