Read what changes occurred in the market today

Jul 01 2019 02:53 PM
Read what changes occurred in the market today

New Delhi: From July 1, many things have changed in connection with the lives of ordinary people. For example, while air travel has become costlier, the price of LPG cylinders has come down. Similarly, on many other fronts the general public has suffered a setback. That's where some things are relieved.

Good news: domestic cylinder price reduces from today

It will be expensive to travel by air from today i.e. July 1. Now, each air passenger will be charged an additional Rs 20 as compared to the previous one. In fact, the aviation security fee will now be charged at the rate of Rs 150. So far the fee was Rs 130. The airline charges this fee, which includes airfares.

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Buying a car from today has become too expensive. In fact, Mahindra has hiked the price of its passenger vehicles by up to Rs 36,000. Similarly, Maruti Suzuki India's compact sedan car Dzire has been hiked to Rs 12,690. Honda cars have also gone up by Rs 10,000 to Rs 20,000.

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Customers using Paytm have received some relief from today. In fact, over the past few days, there have been reports that customers will have to bear the burden of 1 per cent on payments through credit cards, 0.9 per cent for debit cards and Rs 12 to 15 on transactions through the Net Banking and Unified Payments interface. But now Paytm has dismissed the reports.

The interest rate on small savings like the Public Provident Fund (PPF), the Sukanya Scheme or the National Savings Scheme (NSC) has been reduced. The government has reduced the interest rate to 0.10 per cent for the July-September quarter. After this cut, the annual interest rate on PPF and NSC will now be 7.9 per cent which was yet to be 8 percent.

From today, customers will get relief in buying LPG cylinders. In fact, the price of non-subsidised LPG cylinders has been cut by Rs 100.50. The price of LPG cylinder without subsidy has gone up to Rs 637. However, there is no change in the price of subsidized LPG cylinders.




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