Since the start of the current financial year till July, banking and PSU debt funds have seen outflows of Rs 1,247.44 crore
10-year government bond yield hardened to 6.23 per cent on Friday, up 0.05 per cent from 6.18 per cent on Thursday, February 25
Sarma also tabled another Bill for helping those taxpayers who could not avail the benefits or comply with a liquidation scheme due to the ongoing COVID-19 pandemic
Analysts are predicting that the nominal GDP growth rate could be negative in the present financial year, but that doesn't mean that the currency in circulation would fall
At sub-7 per cent, the rates are at their historic low. In 2003 and 2004, it was 7.25 per cent; and in 2011, as high as 11.75 per cent
SBI's new product offers good rates but SCSS and RBI's savings bonds are more attractive
Raising rates now avoids the risk of more aggressive tightening later