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India growth slows to 6.7% on lower consumer spending

India’s economic growth slowed to 6.7 percent on-year in the April-June quarter, official data showed Friday, as lower government outlays and lacklustre consumer spending weighed on the world’s fifth-largest economy. Friday’s reading still places the world’s most populous country among…

Govt to give no quarter for black money

The interim government will not leave any scope for generating black money and the Bangladesh Bank is already working to bring money siphoned off abroad back into the country, Finance Adviser Salehuddin Ahmed said yesterday. He made these comments after…

OYO raises

Oravel Stays Ltd, the parent company of OYO, has raised ₹1,457 crore from a consortium of investors in the latest funding round, sources said. The IPO-bound unicorn has raised nearly ₹1,040 crore in the Series G funding round. This follows…

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