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Tuesday, July 22, 2025
TopicHigh interest rates

Topic: High interest rates

Govt hikes interest on post office savings schemes by up to 1.1 bps, retains PPF rate

This is the second quarter of an increase in a row in interest rates for some schemes. This follows a status quo or unchanged rates for nine straight quarters.

‘Like fraud, usurious’ — digital lending apps in spotlight for high interest rates & fees

Industry data show that economically weaker borrowers are being forced to take loans, due to personal or work-related circumstances, at rates well above what they can afford.

India to regain world’s fastest growing economy tag with 7.3% GDP growth this year: IMF

IMF in its latest World Economic Outlook report has praised the economic and business reforms, including GST, introduced by the current government.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.