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Planning to Invest in Small Saving Schemes? Good News for you!

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Updates for today's news episode:

  • Good News for small investors: Interest Rates of small savings schemes remain unchanged. Post office schemes are chosen by a large group of people because of their safe and secured returns. They are considered as a conservative investment option. This makes it an attractive option for small investors. Generally the interest rates on these schemes are revised in the beginning of every quarter. Yield from government bonds decide the changing interest rate. However, for the quarter spanning from July 1st to September 30th 2020, these interest rates remain unchanged.
  • The deadline for PF withdrawal has ended.
  • PM Modi quits Chinese social media platform WEIBO
  • GST collection amounts to Rs 91,000 crore in June
  • ICICI bank launches instant loan facility against Mutual Funds
  • June witnessed all time high UPI transactions
  • BSNL cancels 4G tender of Rs 8697
  • Gold price fluctuation in one month

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