The fraud came to light later, when the depositors discovered that the documents they had received were forged and that no accounts had actually been opened. (Image for representative purpose only) Imagine a scenario where you open some post office savings accounts, but it turns out that the accounts are fake because the people who…

Strong overseas demand cushions slowdown in India’s manufacturing activity (representative image) India’s manufacturing activity expanded at a slower pace in October as growth in output and new orders moderated, although stronger overseas demand supported production and helped cushion the slowdown.Factory employment continued to rise, while input cost inflation eased to its lowest level since February,…