With the global economic growth slowing, Morgan Stanley in its research report has revised India's GDP growth estimates to 7.2 percent in FY23 from 7.6 percent and 6.4 percent for FY24 from 6.7 percent.
The Odisha Government has signed an MoU with the Chennai-based National Institute of Ocean Technology (NIOT) for the protection of coastal areas from various natural calamities like floods, cyclones, soil erosion and high tide, etc.
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