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Showing posts from March, 2026

Bank Savings Scheme: Deposit ₹1,00,000 in this bank and get fixed interest of ₹41,478, check calculation

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  Bank of Baroda is offering interest ranging from 3.50 per cent to 7.05 per cent to its customers on FD schemes of different tenures. Bank of Baroda Savings Scheme:  Bank of Baroda, a public sector bank, is offering excellent interest rates on its FD schemes to its customers. An FD account can be opened with a minimum of 7 days. Furthermore, FDs can be opened with this public sector bank for a maximum period of 10 years. Bank of Baroda offers its customers interest rates ranging from 3.50% to 7.05% on FD schemes with different tenures. Here, we will learn about one such FD scheme from Bank of Baroda, in which a fixed interest of up to ₹41,478 can be earned by depositing just ₹1 lakh. This public sector bank is offering interest rates of up to 7.00% on a 5-year FD scheme. Bank of Baroda is offering the highest interest rate on its 444-day special FD scheme. This bank is offering the highest interest rate of 6.45 percent for general citizens, 6.95 percent for senior citizens (a...

PF Interest Rate: 8.25% interest will be available on PF account, EPFO ​​fixed interest rates for the financial year 2025-26

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  The decision was taken at the 239th meeting of the Central Board of Trustees (CBT), the EPFO’s highest decision-making body. Labor and Employment Minister Mansukh Mandaviya chaired the meeting today. PF Interest Rate:  The Employees’ Provident Fund Organisation (EPFO) on Monday fixed the interest rate on EPF deposits at 8.25 per cent for the financial year 2025-26. This is the second consecutive year when the interest rate has remained unchanged, a source said. In February last year, the EPFO ​​had retained the interest rate at 8.25 per cent for the financial year 2024-25. The Employees’ Provident Fund Organisation had marginally increased the interest rate in 2024 to 8.25 per cent for 2023-24, from 8.15 per cent in 2022-23. In March 2022, the EPFO ​​had reduced the interest rate on post-retirement deposits for its over 7 crore subscribers to a more than four-decade low of 8.10 per cent for 2021-22, from 8.5 per cent in 2020-21. Interest will be credited to accounts after go...

LPG Prices Rise: Gas prices rise by 50% due to Iran-Israel war

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  The joint US-Israeli attack on Iran has sparked a new global crisis. India is also being affected by this conflict. Iran has announced the closure of the Strait of Hormuz, which has given rise to a new problem in the energy sector. LPG Prices Rise:  The joint US-Israeli attack on Iran has sparked a new global crisis. India is also being affected by this conflict. Iran has announced the closure of the Strait of Hormuz, creating a new problem in the energy sector. If this war continues for a long time, a major LPG shortage could arise within the country. Furthermore, new alternatives will have to be found for the supply of petrol and diesel. According to Bloomberg report, European gas prices have increased by 50 percent. Will LPG prices rise? The biggest impact of the Iran-US war will be on LPG. India imports 80 to 85 percent of its total LPG supply from Arab countries. All of this comes through the Strait of Hormuz. Consequently, India faces a significant LPG shortage. Unlike...