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The Indian economy probably achieved its fastest annual expansion in the April-June quarter, reported Reuters quoting economists, who expect the pace to slow this quarter and in the next two as higher interest rates hit economic activity. Gross domestic product (GDP) in the three months to June 30 was probably 15.2 per cent higher than a year earlier, a Reuters poll showed this week. The GDP in January-March was up 4.1 per cent from a year before.
As many as 32 MLAs of the ruling UPA coalition in Jharkhand on Tuesday arrived in Raipur by a chartered flight in a bid to thwart the BJP’s possible attempt to poach them, and moved into a nearby resort. The United Progressive Alliance of the JMM, Congress, and RJD in Jharkhand has 49 MLAs in the 81-member Assembly. The flight carrying the MLAs took off from the Ranchi airport shortly after 4.30 pm and arrived at Swami Vivekananda Airport in Raipur, the capital of the Congress-ruled Chhattisgarh, around 5:30 pm.