Explorer
Inside story behind decision to reverse the cut in interest rate
"Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021. Orders issued by oversight shall be withdrawn", Finance Minister Nirmala Sitharaman announced. The interest on savings deposits was to be cut from 4 per cent to 3.5 per cent annually, while Public Provident Fund (PPF) is down from 7.1 per cent to 6.4 per cent.
India
Heavy Snowfall in Ladakh, Nora Fatehi Injured in Car Crash, Protests and ED Action Make Headlines
UP BJP Steps Up 2027 Poll Preparations as New State Chief Pankaj Chaudhary Holds Key Meetings
Dense Fog Grips North India, Visibility Drops Across UP and Delhi-NCR; Snowfall Likely in Hills
UP Police Crackdown: Multiple Encounters Across Ballia, Saharanpur and Bulandshahr Under Operation Langda
Heavy Snowfall Continues in J&K and Ladakh, IMD Warns of More Snow in Next 24 Hours
View More
Top Headlines
Maharashtra
Mahayuti Takes Early Lead In Maharashtra Civic Polls, Ahead In Over 200 Local Bodies
News
MEA Issues Statement After Protest Outside Bangladesh High Commission
India
‘Blame Others For Own Failure’: Kharge Hits Back At PM Modi On Assam Infiltration Row
India
'Congress Wants To Settle Bangladeshi Infiltrators In Assam For Vote Bank': PM Modi
Trending News
