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Education Ministry hikes stipends for PhD students and scholars
Earlier, scholars had also staged protests at IIT Delhi and Jawaharlal Nehru University over their demands
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Govt hikes domestic natural gas price to $9.20/mmBtu, new rate in effect from Oct 1
The hike is expected to affect end-consumers, as city gas distribution companies are likely to accordingly raise the prices of (CNG) as well the (PNG)
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Bank of England hikes interest rates, highest in last 15 years
The rate hike will pile further pressure on borrowers, particularly the 1.4 million or so households in the UK
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Kotak Mahindra Bank hikes lending rates. Loan EMIs to increase further
The private lender has increased the overnight K-MCLR to 8.25%
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PNB hikes fixed deposit rates by up to 30 bps
The new interest rates will be applicable for deposits of less than ₹2 crore
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SBI hikes interest rates by up to 25 bps on FDs below ₹2 cr
Senior citizens are the biggest beneficiary as they earn an additional premium on the normal rates
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Centre hikes windfall tax on crude oil, export of diesel, ATF
The levy on crude oil produced by companies such as (ONGC) has been hiked to ₹5,050 per tonne f
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