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Former sarpanch arrested for involvement in illegal ganja trade | Bhubaneswar News

Berhampur: The former sarpanch of Gajapati district’s Birikote panchayat was arrested on Thursday night for his alleged involvement in the illegal ganja trade. “The accused, identified as Mosha Majhi (37), a resident of Birikote under Adava police station limits, was arrested under Section 27A of NDPS Act (financing of illegal drug trafficking and the harbouring…

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Gold demand may hit 10-year low in FY27

MUMBAI: Gold jewellery has not lost its sheen but it may be going out of reach for average Indians as high prices of the yellow metal are pushing people to spend less on new pieces and only stick to essentials. While sales volumes or the amount of gold sold are dropping, sales value, driven by…

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5 held for murder | Bhubaneswar News

Kendrapada: Five persons accused of murdering a 32-year-old man in Jajpur district last month were arrested from Surat in Gujarat on Thursday after evading police for over a month, officials said on Friday. The accused were identified as Bapina Malik (31), Tapina Malik (27), Sanjaya Malik (30), Raju Malik (34) and Managobinda Malik (33), all…

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Forex spends by Indians drop 2% to $29 billion in FY26

MUMBAI: Total outward remittances under the Liberalised Remittance Scheme (LRS) witnessed a contraction in FY26, dropping about 2% to $29 billion from the $29.6 billion recorded in FY25. This downward trajectory highlights that visa restrictions are impacting overseas education spending, which plummeted 20.9% from $2.9 billion to $2.3 billion, alongside a 3.1% dip in international…

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‘Economy resilient, supply a worry’

MUMBAI: Domestic economic activity exhibited resilience in April, with industrial and services sectors maintaining strength across several segments, even as global uncertainties and geopolitical tensions continued to cast a shadow, RBI said in its latest State of the Economy article.At the same time, the central bank struck a note of caution, stating that “India’s near-term…

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