Agency, New Delhi.
Published by: Jeet Kumar
Updated Tue, 14 Jun 2022 05:21 AM IST
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Expansion
Bajaj Finance Ltd. has increased the interest rates on FDs by up to 0.20 percent. The new rates are applicable from June 14. The tenors for which the rates have been hiked include fixed deposits ranging from 24 months to 60 months. Whereas fixed deposit of 44 months is not included in this.
Oil imports will reach a high level of two and a half years
The country’s oil imports may reach the level of 49.8 lakh barrels per day in May. This will be the highest level after December 2020. It will be 5-6 per cent higher than in April. In May, India imported the most from Russia.
Coal imports may fall
The country’s coal imports may fall by 114 per cent to 186 million tonnes in the current fiscal. It will have 130 million tonnes of non-coking and 56 million tonnes of coking coal. A total of 210 million tonnes of coal was imported in the country in 2021-22.