Morning Digest | Indian economy well placed to deal with challenges, says RBI Governor; Iran says it’s ‘Satisfied’ with action against BJP spokespersons, and more

A select list of stories to read before you start your day

Willing to work with India to help Sri Lanka, says China

“Recognising” the Indian government’s “great efforts” in supporting Sri Lanka, China on Wednesday expressed willingness to work with India and the international community to help Sri Lanka tide over its crushing economic crisis.

GST, Insolvency and Bankruptcy Code reforms to push growth after ‘clouds recede’, says Chief Economic Advisor

The pandemic and the ongoing geopolitical conflict may have “temporarily overshadowed” the government’s recent structural reforms like the Goods and Services Tax (GST) and the Insolvency and Bankruptcy Code (IBC), but they will spur India’s growth potential higher once these “clouds recede”, Chief Economic Advisor V. Anantha Nageswaran asserted on Wednesday. 

‘Satisfied’ with action against BJP spokespersons, says Iran

Iran is “satisfied” that the Indian government has dealt with those responsible for comments on Prophet Mohammad where the Bharatiya Janata Party (BJP) sacked two spokespersons over the weekend, said Iranian Foreign Minister Hossein Amir Abdollahian during official meetings in Delhi on Wednesday, the first such visit by a country from the Organisation of Islamic Cooperation (OIC) since the controversy erupted. On Sunday, the Iranian Foreign Ministry summoned the Indian Ambassador to condemn the remarks, one of more than a dozen countries to protest bilaterally.

QS Ranking | IISc Bengaluru fastest rising South Asian university, two IITs in top 200