RBI projects 7 pc growth for next financial year
Mumbai (PTI): The Reserve Bank of India on Thursday projected a GDP growth of 7 per cent for 2024-25 financial year, which is lower than the 7.3 per cent expansion estimated for the current fiscal.
Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said rural demand continues to gather pace, urban consumption remains strong and investment cycle is gaining steam on the back of increased capex.
Das said there are signs of revival in private investments.
The real GDP for 2024-25 is projected to grow at 7 per cent, with June and September quarters growth at 7.2 per cent and 6.8 per cent, respectively.
The growth in December and March quarters is projected at 7 per cent and 6.9, per cent, respectively.
Das said domestic economic activity remains strong and growth in the current fiscal as per estimates by the NSO is 7.3 per cent.
"The momentum of 2023-24 is expected to continue in 2024-25 fiscal," Das said.
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Youngster attacked by gang in Koppal: FIR against 30 people; three arrested
Koppal: Police in Koppal City station limits have registered a case against more than 30 people and arrested three in connection with an alleged assault on a youngster over his relationship.
According to the complaint, Sameer Ahmed Moolimani (22), who works at a mobile agency, was sitting at a hotel with his girlfriend around 8:30 pm on May 6 when a group of youngsters approached him and asked his identity. He said that he was attacked after informing them about the relationship.
Sameer said in his complaint: “They blindfolded me, took me on a bike towards the Hospet side of the national highway, and assaulted me. They asked me, ‘Do you love a Hindu girl?’ They also threatened me, saying, ‘If I am seen with her again, I will not leave you alive.’"
He also stated that after the assault, he was blindfolded and later left near the district hospital.
Police have registered a case at Koppal City police station against more than 30 people, including the girl’s brothers Ashish and Nilesh. Three people have been arrested so far, and investigation is in progress.
