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S&P said it forecast rate cuts of up to 75 basis points in India this fiscal. Photo: www.freepik.com S&P Global Ratings on March 26 raised India’s growth forecast for the next financial year to 6.8%, but flagged restrictive interest rates as a dampener for economic growth. The Indian economy is estimated to have clocked a…
Read More “S&P ups India growth forecast to 6.8% for FY’25” »
Image used for representational purpose only. | Photo Credit: Getty Images The government has raised the returns on five-year recurring deposits from 6.5% to 6.7% for the October to December 2023 quarter, but left the returns on all other Small Savings schemes unchanged. While this constitutes the fifth successive hike in the returns on select…
Read More “Rate on one of 12 Small Savings schemes hiked for Q3” »
