Month: March 2023

The PPF rate has now been unchanged since April 2020, when it was slashed | The Hindu

The government today raised interest rates on most post office saving schemes by up to 0.7 per cent for the April-June 2023 quarter in line with the firming of interest … Read More

Production of eight infrastructure sectors recorded an almost flat growth rate of 6 per cent in February as against 5.9 per cent in the same month last year, according to … Read More

Indian shares advanced today, aided by high-weightage information technology (IT) and financials stocks as investors find valuations attractive after a recent correction, ahead of key economic data to gauge the … Read More

The rupee appreciated 17 paise to 82.17 against the US dollar today as foreign capital inflows and a rally in domestic stocks bolstered investor sentiment. Besides, easing global crude oil … Read More

Coal India Ltd said today it had breached its annual production target of 700 million tonnes, the first time it had surpassed its goal since the fiscal year that ended … Read More

The ₹10 lakh crore IT sector is likely to witness revenue growth plunging by up to 9 percentage points to 10-12% in FY24 as against the nearly 20% growth estimated … Read More

Mr. Banga is the only application received for the position of president of the World Bank, the financial institution said on March 30, 2023 | The Hindu

Changes have been made in the FTP to allow international trade settlement in Indian Rupee with a view to making INR a global currency | The Hindu

Commerce Secretary Sunil Barthwal today said India is ready to trade in Indian rupee with countries which are facing currency failure or have dollar shortage. Speaking after the unveiling of … Read More