Elephant starts running: Q1 GDP growth soars to 9quarter high of 8.2%

3 weeks ago
Spurred by manufacturing, India's economic growth rose to a ninequarter high of 8.2 per cent in the first quarter of 201819, surpassing analysts' expectations. Gross domestic product (GDP) had earlier grown by 7.7 per cent in Q4FY18. With China's ... ...

Ahmedabad: CBI arrests 2 retd. bank officials in a loan fraud case

2 months ago
The Central Bureau of Investigation (CBI) on Friday arrested two senior retired officers of Bank of India in an alleged loan fraud of approximately Rs. 2,654 crore by a Vadodarabased firm. Both the arrested accused will be produced on Saturday before  ... ...

Air India sale fails to take off; deadline ends with zero bids

4 months ago
In a blow to the government's privatisation drive in aviation, no bidder showed up on the last day of submitting expression of interest to buy a controlling stake in Air India. With that, the disinvestment of the national carrier, which had kicked off No bidders for Air In ... ...

Bank strike: Digital operations, delayed salaries to give some pain ahead

4 months ago
Branchlevel operations, including cheque clearance and cash deposits, took a hit on Wednesday after 1 million bank employees participated on the first day of a twoday nationwide strike called by unions demanding wage hike. While ATM functions were ... ...

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