Government has decided to revise the rates applicable on various small savings schemes. Sukanya Samriddhi Account, the flagship scheme to promote savings for the girl child, was announced by Arun Jaitley in his Budget speech.
Credibility of Indian economy has been re-established. The world is predicting it is India’s time to fly....We have to think in terms of a quantum jump. Incremental changes will not take us anywhere. - Arun Jaitley
TS Harihar of HRBV Client Solutions says the sharp rally in stock markets is devoid of fundamentals. He expects the Nifty to trade in 8,500-8,650 range. Monsoons have been bad and the monsoon session of Parliament will be worse, he said.