World Bank lowers India’s FY24 growth forecast to 6.3 per cent

News Network
April 4, 2023

worldbank.jpg

The World Bank on Tuesday said it has lowered its forecast for India's economic growth in the current fiscal year that started on April 1 to 6.3 per cent from 6.6 per cent.

Due to shrinkage in consumption on back of slower income, India’s gross domestic product (GDP) growth will likely moderate to 6.3 per cent in FY2024, said a report by the World Bank on Tuesday.

The India Development Update by World Bank stated that the country’s retail inflation will see a moderation from 6.6 per cent to 5.2 per cent in FY2023-24. The World Bank update added that India’s Current Account Deficit (CAD) expected to be at 5.2 per cent in FY24.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 16,2024

Mangaluru: The Kavoor police in Mangaluru, Karnataka, have arrested three individuals from Kerala in connection with two separate cybercrime cases, including one involving extortion under the guise of a "digital arrest."

City Commissioner of Police Anupam Agrawal reported that one of the arrested individuals, Nisar, a resident of Ernakulam district, posed as a CBI officer. He allegedly threatened the complainant with arrest and extorted Rs 68 lakh. A case has been filed under sections 66 (C) and 66 (D) of the IT Act, and sections 308 (2) and 381 (4) of BNS.

In another case, the Kavoor police arrested two men, Sahil K P of Thiruvannur, Kozhikode, and Muhammad Nashath of Mappila Koyilandy, Kerala, in connection with a share trade fraud. The accused are alleged to have deceived the complainant by promising substantial profits from an investment in the stock market. Trusting the fraudsters, the complainant invested Rs 90 lakh, which was subsequently lost. A case has been registered under sections 66 (C) and 66 (D) of the IT Act, and sections 318 (4) and 3 (5) of BNS.

The accused were arrested in Koyilandi and presented before the court. The operation was carried out under the guidance of City Police Commissioner Anupam Agrawal, led by Mangaluru North Sub-Division ACP Srikanth K, Kavoor Inspector Raghavendra Byndoor, Kavoor PSI Mallikarjuna Biradara, and staff members Ramanna Shetty, Bhuvaneshwari, Rajappa Kashibai, Praveen N, and Malatesh. 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 19,2024

mobile.jpg

Gone are the days of chaotic group chats and endless back-and-forth messaging. Say hello to seamless event planning with WhatsApp's new event feature—your ultimate tool for stress-free gatherings!

Why You’ll Love It:

No More Confusion: Create, organize, and share event details in a snap.
Streamlined Coordination: All your event logistics, neatly in one place.
Stay on Track: Friendly reminders for everyone—no excuses for missing out!

Here’s How It Works

Create an Event
Open your group chat, tap the + button, and select Event from the menu.

Add Event Details
Name your event, set the date and time, pin a location, and include a description for extra details.

Send Invites
Tap Send to instantly share the event with your group.

What Happens Next?

Effortless RSVP:
Your friends and family can respond with a single tap:

  • Going
  • Maybe
  • Can’t Go

All-in-One View:
From the date and time to the location and special instructions, every detail is beautifully organized and accessible in one spot.

Gentle Reminders:
WhatsApp sends timely nudges to keep everyone in the loop.

Make Every Occasion Special

Whether it’s a birthday bash, a weekend adventure, a family reunion, or a casual hangout, WhatsApp’s event feature ensures smooth planning and execution.

Pro Tip: Use this tool to turn chaotic planning into pure convenience.

So, what are you waiting for? Open WhatsApp, give it a try, and watch your gatherings transform from stressful to simple! 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
November 18,2024

resort.jpg

Mangaluru: The Ullal police have arrested Manohar, the owner of Vazco Beach Resort, and its manager Bharath in connection with the drowning of three college girls from Mysuru at the resort’s swimming pool on November 17.

City Commissioner of Police Anupam Agrawal confirmed the arrests, stating that a case has been registered under Section 106 of BNS. The bodies of the victims, all in their twenties, have been handed over to their parents. The women had arrived at the resort for a weekend getaway on November 16.

Following the tragic incident, the resort was sealed by officials led by Mangaluru Assistant Commissioner Harshavardhan. The trade license of the resort, issued on June 13, 2024, has been suspended, and the tourism department has temporarily revoked the resort's registration. These actions prohibit the resort from engaging in any tourism-related activities until further notice.

Someshwara TMC Chief Officer stated that the suspension was due to the resort's failure to implement adequate safety measures, which resulted in the loss of three lives. Further investigations are underway.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.