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Odisha Proposes Rs 100 Crore Fund For Start-Ups

Bhubaneswar: The Odisha government has decided to float a fund of Rs 100 crore to provide seed funding to start-ups in the state for the next three to five years as per requirement. The decision was taken at a high-level meeting presided…

Govt Likely To Sell Bharat Petroleum To Global Firm

New Delhi: Yet another state-run company is likely to go up for sale. This time it is Bharat Petroleum Corp. In a bid to lure multinational companies in the domestic fuel retailing and to boost competition in the largely state-owned sector,…

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…