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* Forex Reserves fell by USD 1.7 billion at a slow pace in the week ending May 6 * Exports up 30.7% to USD 40.19 billion in April; trade deficit widens to USD 20.11 billion * Factory output grew 1.9 per cent in March * UNDP(United Nations Development Programme) to provide technical support in PMFBY, Kisan Credit Card Scheme * Retail inflation in India surges to 8-year high of 7.79% in April * April wholesale inflation surges to 15.08%, up from 14.55% in March * Indian economy likely to grow 12-13% in Q1: ICRA(Investment Information and Credit Rating Agency) * Over 15,900 companies incorporated in April: Corporate Affairs Ministry * India, fastest-growing major economy, projected to grow 6.4% in 2022: UN * Government extends April GST payment deadline till May 24

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