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Top headlines: Govt to borrow Rs 4.88-trn, PPF to fetch 7.1%, and more

From Centre allowing 100% rebate on PM-CARES fund, top 22 families losing Rs 22 trillion to vegetable markets coming back to life, Business Standard brings you top headlines of the day

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BS Web Team New Delhi
Govt to borrow Rs 4.88 trn, 62.56% of gross target in April-Sept period

During the April-September period, the Centre will borrow Rs 4.88 trillion, or 62.56 per cent of the 2020-21 gross borrowing target of Rs 7.8 trillion, keeping the borrowing plans at the same level as FY20. Despite expectations from the government to borrow more due to the Covid-19 pandemic, the Centre has assured that its borrowing programme is designed to meet every requirement from healthcare to economy. Read More...

PPF to fetch 7.1%, NSC 6.8% as govt cuts small savings interest rates

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