Business

Small Savings Schemes Interest rates (AI image) Latest Small Savings Interest Rates: The Finance Ministry announces the interest rates for post office and small savings schemes every quarter after a review. The interest rates for Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Senior Citizens Savings Scheme (SCSS), National Savings Certificates (NSC) etc are decided…

US President Donald Trump’s remarks about potentially seizing Iran’s Kharg Island oil terminal have sharpened focus on the strategic and commercial stakes tied to one of the country’s most critical energy export hubs.Kharg Island, located in the Persian Gulf, serves as Iran’s primary offshore oil export terminal and handles the bulk of its crude shipments…

Equity benchmark indices Sensex and Nifty ended the last trading session of the 2025-26 financial year sharply lower on Monday, as the ongoing war in West Asia and rising crude oil prices kept investor sentiment under pressure.Weak cues from Asian markets and continued foreign fund outflows further dragged domestic equities.Extending losses for the second straight…

The Centre’s fiscal deficit stood at Rs 12.52 lakh crore at the end of February, accounting for 80.4 per cent of the full-year target for 2025-26, according to data released by the Controller General of Accounts (CGA) on Monday, PTI reported.This compares with 85.8 per cent of the annual target achieved in the corresponding period…

NEW DELHI: The government has drawn a hard line under its electronics push, pairing fresh approvals worth thousands of crores with a blunt warning: subsidies will not flow to companies that treat India as a factory floor without building design muscle. Signalling a shift from scale to strategic value, Union IT minister Ashwini Vaishnaw on…

India’s industrial production grew 5.2 per cent in February, driven largely by an improvement in manufacturing output, according to official data released on Monday.Factory output, measured by the Index of Industrial Production (IIP), had expanded 2.7 per cent in February 2025, as per the official statement.Data released by the National Statistics Office (NSO) also showed…

Bank holidays in India can often be confusing, as they vary from region to region depending on the occasion. It is therefore advisable to double-check the holiday schedule before planning a visit to the bank, since branch closures differ across states and regions.In India, bank holidays are a combination of national and state-specific observances, which…

India’s economic outlook continues to be supported by strong domestic demand and improving high-frequency indicators, even as rising geopolitical tensions in the Middle East add a fresh layer of global uncertainty and raise the risk of stagflation, Morgan Stanley said in its recent report.The report said that “domestic demand remains resilient; however, headwinds are emerging…

The Lok Sabha on Monday cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, as finance and corporate affairs minister Nirmala Sitharaman highlighted the law’s role in reshaping the country’s banking landscape. Speaking in the House, Sitharaman said that the Bill, introduced a decade back in 2016, has been instrumental in improving the health of…

The Middle East conflict has now crossed the one-month mark, with its effects causing ripples far beyond the region and into everyday life across the globe. What began as a confrontation between Iran and Israel is increasingly disrupting global supply chains, pushing up costs, and forcing governments and individuals to adjust.The war entered a new…