Saturday , November 23 2024

Business

Post Office RD Scheme: Create a corpus of Rs 2.6 lakh-14.3 lakh by investing Rs 5,000-20,000 per month

Post Office RD Interest Rate: The money invested in the Post Office National Savings Recurring Deposit Account grows every month at a rate set by the government. The interest rate is compounded quarterly. According to India Post website indiapost.gov.in, the interest rate applicable on Post Office Recurring Deposit Account for …

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Retail inflation rate: Inflation at nine-month low, government data shows

India's retail inflation has reached a 9-month low. The government has released retail inflation figures for March. Retail inflation declined to 4.85 percent in March from 5.09 percent in February. On April 12, the Ministry of Statistics and Program Implementation announced the retail inflation rate. According to the report, retail …

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Engineering insurance premiums double in four years as investment in infrastructure increases

New Delhi: Engineering insurance premium in India has doubled in 4 years. This rise is due to increased investment in infrastructure during this period. During April-February (first 11 months of the financial year) in FY2024, gross direct premium in the engineering segment increased to Rs. 4,848.06 crore (full year figure …

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