The next revision will make the rates similar to those of bank FDs.
Post office savings of 1, 2 and 3 year term deposits and 5-year recurring deposit currently fetch 8.4 per cent interest per annum.
Here's how EPF stacks against other investment options
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
A week in the office and the Uttar Pradesh chief minister was at it in full throttle.
Hitting back at Rahul Gandhi for his "balloon jibe", Narendra Modi on Sunday said that the Congress vice president should focus on the nation rather than criticising Gujarat which was declared "number one" by his mother Sonia Gandhi.
The banking sector in India is reeling under Rs 8 lakh crore of non performing assets (NPAs) or bad loans, of which PSU banks alone account for over Rs 6 lakh crore.
If an FIR had been registered by the Pen police -- instead of a mere entry in the station diary -- an investigation could have taken place and the body might have been identified as Sheena's, leading to the case being cracked much earlier.
Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.
Lower inflation, FCNR(B) outflows likely to influence central bank decision
The Supreme Court's refusal to stay execution of Yakub Memon on Wednesday drew sharp reactions from legal experts.
A major rescue operation is underway in the Adriatic Sea to airlift passengers stranded in a burning Italian-flagged ferry, the Norman Atlantic.
Bracing for the opposition onslaught in Parliament, government and the ruling Bharatiya Janata Party on Sunday decided to aggressively counter the attack on its leaders like Sushma Swaraj, Vasundhara Raje and Shivraj Singh Chouhan and rake up controversies related to Congress leaders.
News of all that's transpired on and off the football field
One of the big takeaways from the recently released data on India's merchandise trade is that gold imports have, once again, skyrocketed.
Bharatiya Janata Party on Sunday attacked Robert Vadra saying his "inappropriate" behaviour towards a journalist was a result of frustration and he must realise that the country is no longer ruled by the Gandhi family, even as the Congress downplayed the incident.
RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.
The top posts on social media from your favourite Bollywood celebrities.
"There will be no discrimination in name of caste, religion and sex. There will be overall development," Adityanath said in his address at the Maharana Pratap Inter College in Gorakhpur, his parliamentary constituency.
During the hearing, Chief Justice of India JS Khehar also offered to serve as a mediator, if negotiations broke down.
'We will do it either by removing all the Constitutional hurdles or by mutual consent.'
Chetan Ghate, Pami Dua and Ravindra Dholakia have been appointed for 4 years
Frequent bans on Indian food products by the EU have prompted the Indian government to invite the officials of the EU Food and Veterinary Office to let them assess the food safety standards followed by India.
'During the transition process, we have some control over the withdrawals.' 'In terms of your wealth, the money in your deposit account is where it is.'
Under the scheme coming into effect from April 1, 2018, a donor could purchase bonds from authorised banks against cheques or digital payments. These would be redeemed only in the designated account of a registered political party.
Bharatiya Janata Party president Amit Shah on Saturday released the party's manifesto for Uttar Pradesh assembly elections promising to make efforts to ensure construction of Ram temple under constitutional provisions if voted to power.
'Where in the world you get 12.5 per cent return of interest?'
OlaCabs' hyper-growth and an ambitious plan to expand to 100 cities by the end of 2015 are perhaps what attracted Japan's richest man, Masayoshi Son, chairman of telecom and media group SoftBank Corp, to announce an investment of $210 million (around Rs 1,260 crore) in the company.
Salman Khan in defence of Yakub Memon said the wrong man is being punished for the crimes.
Government to pay disproportionately high interest for borrowings from savings, overturning a nearly two-decade-long process of reforms in the management of public debt.
Gandhi asked the students whether 'Swachh Bharat Abhiyan' ('Clean India Mission') was working, to which most replied in a resounding 'yes'.
The Indian Army on Monday mourned the demise of two young officers in the ongoing encounter with terrorists at the Entrepreneurship Development Institute in Pampore, Jammu and Kashmir.
Mamata Banerjee was on Friday sworn in as the chief minister of West Bengal for the second consecutive time, heading a 42-member ministry.
Sanjeev Nayyar visits an Amma canteen in Chennai, and comes back impressed
Even as there is a strong anti-incumbency mood in Punjab, the multi-cornered contest has made the 2017 assembly polls prediction more difficult.
In the dock over Lalit Modi row, Rajasthan Chief Minister Vasundhara Raje insisted that she has not been asked to resign and media was running "false" reports to tarnish her image and cause "political damage".
This comes in the wake of allegations of financial irregularities by the erstwhile management led by Harish Moolchandani.
UK environment minister Lord de Mauley hosted a round-table meeting here with representatives of mango and vegetable importers and exporters from the UK and India, Deputy Indian High Commissioner to the UK Virendra Paul, and senior regulators from Defra and the Food and Environment Research Agency.
Jnanpith awardee Girish Karnad and Bharatiya Janata Party Member of Parliament Prathap Simha have allegedly received death threats on social media as the controversy rages in Karnataka over the birth anniversary celebrations of 18th century Mysore ruler Tipu Sultan.
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