Banks have been reluctant to transmit the entire policy rate cut by RBI to borrowers.
India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.
After launching the ATM service at Thiyagaraya Nagar Head Post Office, Chidambaram said that Rs 4,909 crore had been allocated for the IT modernisation of Department of Posts in the interim budget for 2014-15.
The government is planning a postal logistics infrastructure upgrade for India Post to modernise parcel facilities, aligning them with those in developed nations, according to Communications Minister Jyotiraditya Scindia.
The Central Board of Direct Taxes has brought out a notification in this regard recently, which stipulates that any interest earned beyond Rs 3,500 (in case of individual accounts) and Rs 7,000 (in case of joint accounts) will be taxable from the running fiscal.
The government on Friday announced a 5 per cent bonus on new monthly post office deposits. The bonus will be applicable for Post Office Monthly Income Accounts opened on or after December 8, the finance ministry said in a statement.
The government has hiked the interest rate on Public Provident Fund account (PPF) to 8.6 per cent from 8 per cent. The investment ceiling has been raised to Rs 1 lakh a year.
The government on Wednesday said interest rates on post office savings schemes, except the PPF, will remain fixed throughout the term of the scheme.
The Indian government has maintained the interest rates on small savings schemes, including PPF and NSC, for the eighth consecutive quarter, starting April 1, 2026.
A police team in Kochi intervened to help a NEET candidate who was about to be denied entry to her examination centre due to a missing passport-size photograph. Their timely action, involving contacting a studio owner on a Sunday, ensured the student could sit for the crucial medical entrance test.
Thousands and thousands and thousands of adults owe their lives to the commitment and medical fervour of Dr Armida Fernandez, who a grateful nation honoured with the Padma Shri this year.
Jammu and Kashmir Chief Minister Omar Abdullah shared a fabricated social media post attributed to former US President Donald Trump, captioned 'If only!', to highlight his demand for the restoration of J&K's statehood, drawing significant criticism online.
Millions of small savers and PPF account holders will earn less on their post office savings schemes, with the government deciding to reduce interest rates on them marginally by 0.10 per cent.
An Indian man, Avinash Narne, has been charged with first-degree murder in the US state of Washington, almost nine months after his wife, Raajitha Sabbineni, was found dead. Prosecutors allege Narne premeditated the strangulation, staged the crime scene, and had a secret romantic relationship with another woman in India, to whom he allegedly sent photos of his wife's body.
Shiv Sena (UBT) MLC Ambadas Danve has accused the government of protecting police personnel allegedly involved in the death of a teacher, Suresh Borse, in Ellora. Danve claims a police officer was present during the incident and shared a picture on X suggesting police links to an accused.
The first half of 2026 has concluded with a stark reality check for Bollywood, as over 25 films underperformed at the box office.
The Indian government has allocated an additional 2 million tonnes of surplus broken rice from FCI stocks for its ethanol blending programme, while simultaneously issuing a detailed rebuttal to widespread misinformation regarding the E20 fuel, addressing concerns from water consumption to engine damage and environmental impact.
Shiv Sena (UBT) MLC Ambadas Danve has accused the Maharashtra government of attempting to protect police personnel allegedly involved in the death of a teacher, Suresh Borse, in Ellora. Borse's family claims he was beaten to death, with police involvement. Danve stated he would raise the issue with the Chief Minister and shared a social media post showing a police officer with an alleged accused.
A woman in Madhya Pradesh's Mandla district delivered quadruplets in an autorickshaw en route to a hospital, but all four babies died shortly after due to prematurity. The family alleges the absence of an ambulance led to the tragedy, while health officials attribute the deaths to premature delivery and incomplete development.
Avoid builders with very large commitments.
Cabo Verde goalkeeper Josimar 'Vozinha' Dias's mother, Ana Candida Evora, was welcomed by FIFA in Miami, ahead of Cabo Verde's FIFA World Cup 2026 Group H clash against Uruguay. This heartwarming gesture followed Vozinha's emotional revelation about his family's visa issues preventing them from attending his historic 0-0 draw against Spain. US authorities, in coordination with the State Department, the Cape Verde government, and FIFA, facilitated her travel, allowing her to support her son and the 'Blue Sharks' in person.
WhatsApp is finally letting you hide your phone number behind a custom username. While it's a massive win for privacy, cybersecurity experts warn it could unleash a wave of identity scams. Here is what you need to know.
Despite its uneven storytelling, Super Subbu deserves applause for turning India's discomfort with sex education into an entertaining, often insightful satire, notes Sreeju Sudhakaran.
Gwadar is viewed as a critical pearl in China's maritime strategy as it would give a permanent logistical footprint near an important choke point - the Strait of Hormuz and the oil rich Persian Gulf, explains Commodore Venugopal Menon (retd).
Bollywood celebrate Father's Day with memories, pictures and sweet messages on social media.
'The government's decision to keep interest rates unchanged on small savings schemes will certainly constrain banks' ability to cut deposit rates further.'
Uttar Pradesh Minister Om Prakash Rajbhar has sensationally claimed a major split is imminent within the Samajwadi Party, with many leaders reportedly ready to defect to the BJP, a claim vehemently denied by SP chief Akhilesh Yadav.
Bengaluru-based Priyanka* reveals how resuming her career and becoming financially independent taught her to feel confident about herself.
'Comparing the rates of interest with PSU banks, the three- and five-year time deposit rates of the post office are more favourable.'
A woman and her nephew died of electrocution while drawing water from a hand pump outside their house in Shahjahanpur district, Uttar Pradesh, after a short circuit caused electric current to pass through the pump.
Nearly two million postcards and eight million letters pass through India's post offices daily.
A Class 11 student in Ghaziabad died after being stabbed during an altercation. Police have arrested three suspects and are searching for the remaining two. The incident stemmed from a dispute over riding a motorcycle.
The staff at post offices misappropriated Rs 95.62 crore of public money between November 2002 and September 2021, the Comptroller and Auditor General has said. The money may seem small but it is what common citizen invested in post office savings, the oldest and the largest banking system in the country. The system serves the investment needs of urban and rural clients through schemes such as savings bank, recurring deposits, time deposits, national savings certificates, kisan vikas patras, public provident fund, monthly income account scheme, sukanya samriddhi accounts and senior citizens savings scheme.
A Class 11 student in Ghaziabad, India, died after being stabbed during an altercation. Police have arrested three suspects and are searching for the remaining two. The incident has sparked concern, with calls for increased vigilance and justice.
'We can never trust the BJP when it comes to elections.'
'Whether you will bring this down and cause hurt to senior citizens, who are probably living on that little interest rate that they earn out of it... But equally, if I just look at the kitty of the National Small Savings Fund, it is from that same kitty that I'm borrowing.'
The Centre has announced that the Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act will come into force across the country from July 1, replacing the Mahatma Gandhi National Rural Employment Guarantee Act.
A Class 11 student in Ghaziabad, India, died after being stabbed during an altercation. Police have arrested three of the five accused and are searching for the remaining two. The incident has sparked outrage, with officials promising strict action.
