India’s GDP Growth Slumps To Six-Year Low Of 5%

New Delhi: In what can be seen as a contraction in the Indian economy, India's Gross Domestic Product (GDP) came down to 5 per cent in April-June quarter from 5.8 per cent in the previous quarter. The quarterly figures were released on…

Centre Announces Mega Bank Mergers

New Delhi: The Centre on Friday announced the merger of 10 nationalised banks, thus bringing down their number from 27 to only 12. The announcement was made by Finance Minister Nirmala Sitharaman as part of the government's push to revive…

Brown Sugar Seized, Two Arrested In Bhubaneswar

Bhubaneswar: The Quick Action Team (QAT) and Nayapalli police seized brown sugar weighing 34 grams from Delta Square under Nayapalli police limits here on Friday. Two persons involved in the trade were also arrested. Police seized arrested…