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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Odisha: Two girls drown while bathing in village pond
Berhampur (Odisha) (PTI): Two girls drowned while bathing in a village pond in Odisha's Ganjam district on Tuesday, police said.
The deceased were identified as Pranjali Dora (11), a class 6 student, and Manini Dora (12), a student of class 7, both residents of Patanda village in Digapahandi police station area, a police officer said.
After returning home from school, they went to the village pond to take a bath like every other day. However, they slipped and fell into deep waters. Locals noticed them drowning and tried to rescue them but failed, he said.
Fire brigade personnel from Digapahandi retrieved the girls after a two-hour search and they were rushed to a nearby community health centre, where doctors declared them dead, Digapahandi police station officer-in-charge Kishor Kumar Samal said.
He said the bodies have been handed over to the respective families after conducting post-mortem examinations at MKCG Medical College and Hospital here.
He said unnatural death cases have been registered and an investigation launched.
