Interest rates of PPF, Kisan Vikas Patra and other small savings schemes slashed; new rates will be applicable from today (1 April)
People with accounts in Public Provident Fund (PPF), Kisan Vikas Patra (KVP) and National Savings Certificate (NSC) will earn less after the rates were cut by 70-140 basis points (bps).
The government is considering rate moderation for small savings schemes in the upcoming quarter, a development that could lead to speedier transmission of monetary policy rate cuts, sources said
The government on Tuesday kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the fourth quarter of 2019-20 despite moderating bank deposit rates
Hafiz Saeed gets breather in terror financing trial after authorities fail to produce co-accused; next hearing on 11 Dec
Counter-Terrorism Department of Punjab Police had registered 23 FIRs against Saeed and his accomplices on charges of 'terror financing' and arrested JuD chief on 17 July
US Army officer says he heard Donald Trump-Volodymyr Zelenskiy call, raised concerns over US president seeking 'favour' from Ukraine
Alexander Vindman, a lieutenant colonel who served in Iraq and, later, as a diplomat, is prepared to tell House investigators that he listened to US president Donald Trump's 25 July call with new Ukraine president Volodymyr Zelenskiy and reported his concerns to the NSC's lead counsel, according to prepared testimony
If you think RBI’s 35 bps surprise rate cut is big bonanza for common man, the joke is on you; here’s why
The banks have room for further reduction of at least 80 bps in their lending rates if these entities choose to pass on the full benefit of the RBI rate cuts to the end-borrower.
Pakistan says it is ready to respond to any 'misadventure or aggression' by Indian forces; statement comes after key security meet
Pakistan on Sunday warned India that it is ready to respond to any "misadventure or aggression" by the Indian forces.
In April this year, the government had retained the interest rate for GPF and other related schemes at 8 percent for the April-June quarter.
Govt cuts interest rate on NSC, PPF and other small savings schemes by 0.1% for July-September quarter
The government on Friday reduced the interest rate on small savings schemes, including NSC and PPF, by 0.1 percent for the July-September quarter
The government has kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the April-June quarter
Days after Pulwama attack, Imran Khan asks Pakistan military to 'respond decisively' to any Indian 'aggression'
Pakistan prime minister Imran Khan on Thursday authorised the military to "respond decisively and comprehensively to any aggression or misadventure" by India, amidst heightened tensions between the two sides following the Pulwama terror attack that killed 40 CRPF soldiers
Unemployment rate among educated people in the country registered a sharp increase in 2017-18 after it registered a decline in 2011-12.
Members who quit National Statistical Commission never expressed reservations during meetings: Stats ministry
The government on Wednesday said that the members of the National Statistical Commission (NSC), who resigned recently, had never expressed their concerns in any of the meetings of the Commission in the last few months
Stats ministry calls PC Mohanan, JV Meenakshi for meeting after duo quit National Statistical Commission
PC Mohanan and JV Meenakshi were the only remaining non-government members in the National Statistical Commission. Mohanan said the disagreement with the Centre on the release of the annual jobs report of 2017-18 was one of their reasons.
Two members of National Statistical Commission quit; PC Mohanan and JV Meenakshi resign over disagreement with govt
Two independent members of the National Statistical Commission, PC Mohanan and JV Meenakshi, have resigned over a disagreement with the government on certain issues, an official said on Tuesday.
Don't be in a hurry to make tax-saving investments; seek professional guidance based on financial goals
Final choice of the investor for choosing a tax-saving instrument depends upon various factors like risk profile, the kind of tax-saving instrument which can be linked to a specific goal, tenure, and the taxability status.
Narendra Modi came to power as a middle class icon but almost at the end of his current term serving the bottom of the pyramid defines his core politics
Interest rates for small savings schemes are notified on a quarterly basis.
Govt hikes interest rate on NSC, PPF, other small savings schemes by up to 0.4% for October-December quarter
Public Provident Fund (PPF) and National Savings Certificate (NSC) will fetch an annual interest rate of 8 percent as compared to existing 7.6 percent, while Kisan Vikas Patra (KVP) will yield 7.7 percent and mature in 112 months as against 118 months in the previous quarter.
Interest rates for small savings schemes are notified on a quarterly basis