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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Yamal misses a penalty and Barcelona''s late collapse hands Girona a 2-1 win in La Liga
Girona (Spain) (AP): Lamine Yamal missed a penalty as Barcelona lost at Girona 2-1 on Monday and passed up a chance to overtake Real Madrid at the top of La Liga.
The defeat was the second in less than a week for Barca and left it second in the table, two points behind Madrid.
A win would have taken it above its archrival but, instead, a crisis brewed for coach Hansi Flick, whose side lost to Atletico Madrid 4-0 in the Copa del Rey last week.
The second loss came even though Barcelona took the lead early in the second half.
Yamal hit the post with his spot kick on the stroke of halftime but 14 minutes into the second period Pau Cubarsí met Jules Kounde's cross from the right and placed his header perfectly into the top corner.
The goal was Barcelona's 100th in all competitions this season and made it the second club in Europe's big five domestic leagues to hit the century after Bayern Munich.
However, Girona roared back into the game just three minutes later.
Barcelona's Joan Garcia was already the busier of the two goalkeepers but he could not stop Thomas Lemar side-footing home from close range after nice work from Vladyslav Vanat on the left wing.
Both sides pushed for a decisive second and it was Girona who executed with three minutes remaining, substitute Fran Beltrán scoring with a low shot from just inside the box.
Girona's Joel Roca was sent off in the dying seconds but there were no more goals.
The victory ended a three-game winless streak for Girona and lifted it three places into 12th, equal on points with Getafe.
Only seven points separate the 11 clubs from eighth to 18th in La Liga.
