Bharat bandh to Modi's quota move, here're the top 10 headlines

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Budget 2019 : Govt pegs FY19 GDP growth at 7.2%; estimate lower than RBI prediction
The economy is likely to grow at a slower pace in the current financial year (2018-19, or FY19) than what was previously expected despite a significant rise in investment and manufacturing activities, showed the latest data released by the Central Statistics Office (CSO) on Monday. Gross domestic product (GDP) is pegged to grow at 7.2 per cent in FY19, lower than the Reserve Bank of India’s (RBI’s) estimate of 7.4 per cent and the finance ministry’s projection of 7.5 per cent. However, it is higher than last year, when the economy grew at 6.7 per cent. Click here to read.

Govt springs surprise on rivals, clears 10% quota for general category poor
The Narendra Modi-led government at the Centre sprang a surprise on political rivals by announcing a 10 per cent reservation in jobs and education for the economically backward in the general category. The Cabinet has approved the Bill. This comes with the Lok Sabha elections round the corner and weeks after the Bharatiya Janata Party’s (BJP’s) defeat in Assembly elections in the Hindi heartland states, Chhattisgarh, Rajasthan, and Madhya Pradesh (MP).

200 mn workers on 2-day nationwide strike from Tuesday, farmers to lend support
Around 200 million workers are set to go on a two-day, nationwide strike from Tuesday to protest the government's labour policies. "As many as 10 central trade unions have joined hands to go on a two-day nationwide strike from tomorrow. We expect 200 million workers to join the strike," Amarjeet Kaur, General Secretary of All India Trade Union Congress, was quoted as saying by news agencies on Monday. Kaur was speaking at a joint press conference of the 10 central trade unions in New Delhi. Bharat Bhand

Bandhan Bank buys Gruh Finance; promoter stake in bank to reduce to 61%
Gruh Finance, the HDFC group’s affordable housing finance arm, will merge with Kolkata-based Bandhan Bank, helping the latter’s promoters to reduce stake in tune with regulatory norms. The proposed merger will also avoid a potential conflict of interest for HDFC to grow its affordable housing loan portfolio.

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