Oct 11: 373 new COVID-19 cases, 10 deaths in Karnataka
Bengaluru, Oct 11: Karnataka on Monday added 373 fresh COVID-19 cases and 10 deaths, taking the caseload and death toll to 29,81,400 and 37,895, the health department said.
The day also saw 611 people being discharged, taking the total number of recoveries to 29,33,570. Active cases stood at 9,906, a department bulletin said.
Bengaluru Urban accounted for the maximum number of 146 new cases and five deaths.
Mysuru was the second major COVID-19 hotspot with 43 fresh infections and two deaths.
Other districts too reported fresh cases, including 38 each in Dakshina Kannada and Hassan, 17 in Tumakuru, 15 each in Kodagu and Udupi, 12 in Uttara Kannada and 10 in Mandya.
Apart from Bengaluru and Mysuru, two deaths were reported in Uttara Kannada and one in Dharwad.
Bagalkote, Chikkamagaluru, Gadag, Haveri, Vijayapura and Yadgir reported zero infections and zero COVID-19 related deaths.
Twenty-seven districts reported zero fatalities, the bulletin said.
A total of 82,853 samples were tested today, taking the cumulative number of specimens examined to 4.88 crore.
The number of vaccinations done so far in the state rose to 5.93 crore, with 3,25,664 people being inoculated on Monday, it said.
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Man lynched over revenge killing in Uttar Pradesh's Hardoi; 18 arrested
Mumbai (PTI): Reserve Bank on Wednesday cut India's growth forecast to 6.5 per cent from 6.7 per cent estimated earlier for the current financial year on account of impact of global trade and policy uncertainties.
Prospects of agriculture sector remain bright on the back of healthy reservoir levels and robust crop production in 2025-26, RBI Governor Sanjay Malhotra said while unveiling the outcome of the first bi-monthly Monetary Policy Committee meeting for the current financial year.
Manufacturing activity is showing signs of revival with business expectations remaining robust, while services sector activity continues to be resilient, he said.
Investment activity has gained traction and it is expected to improve further on the back of sustained higher capacity utilisation, government's continued thrust on infrastructure spending, healthy balance sheets of banks and corporates, along with the easing of financial conditions, he said.
"Merchandise exports will be weighed down by global uncertainties, while services exports are expected to remain resilient. Headwinds from global trade disruptions continue to pose downward risks," he said.
Taking all these factors into consideration, he said, real GDP growth for 2025-26 is now projected at 6.5 per cent, with Q1 at 6.5 per cent; Q2 at 6.7 per cent; Q3 at 6.6 per cent; and Q4 at 6.3 per cent.
"While the risks are evenly balanced around these baseline projections, uncertainties remain high in the wake of the recent spike in global volatility. It may be noted that the growth projection for the current year has been marked down by 20 basis points relative to our earlier assessment of 6.7 per cent in the February policy," he said.
This downward revision essentially reflects the impact of global trade and policy uncertainties, he said.
