Sep 16 (IANS) The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as inflation squeezes household budgets, underscoring fears that the economy may already be shrinking, media reports said. The currency fell below $1.14, its lowest since 1985, after the Office for National Statistics said that retail sales in August ...

The government-run small savings schemes remained to provide the same interest rates since the past two years though the bank fixed deposit rates have considerably increased the interest rate. The small savings schemes’ interest rates were last revised in the first quarter of 2020-21, though banks have drastically hiked their home loan and term deposit rates after the Reserve Bank ...

The Union Minister of State for Finance and Corporate Affairs, Mr. Arjun Ram Meghwal will represent the India in the 4th Annual Devolution Conference to be held from 6th to 9th March, 2017 at Nakuru County of Kenya. He is expected to share the experience of devolution system and its progress in India and specifically highlight the 73rd-74th Constitutional Amendments ...