In brief: Small savings’ rates remain unchanged

New Delhi: The Centre on Friday left interest rates unchanged on various small savings schemes, including PPF and NSC, for the fifth straight quarter beginning April 1, 2025. As per the notification, the rate on a three-year term deposit remains at 7.1 per cent prevailing in the current quarter.

Forex reserves jump $4.5 bn to $658.8 bn

Mumbai: The country’s forex reserves jumped by USD 4.529 billion to USD 658.8 billion during the week ended March 21, the RBI said on Friday. In the previous reporting week, the overall reserves had increased by USD 305 million to USD 654.271 billion.

‘US tariffs unlikely to impact India much’

New Delhi: The US plan to impose reciprocal tariffs will not have much impact on India and create several opportunities for the country, a senior NITI Aayog official said. Compared to Mexico, China and Canada, which account for 50 per cent of America’s total imports, India is favourably placed, he added.

Gold hits fresh peak of Rs 92,150 per 10g

New Delhi: Gold prices rallied by Rs 1,100 to hit a fresh peak of Rs 92,150 per 10 g in the national capital on Friday amid rise in precious metal rates in the overseas markets, according to the All India Sarafa Association. In FY25, gold prices have increased by Rs 23,730.