According to the report, Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the first quarter.
Monsoon rainfall is likely to be "normal" at 99% of long period average (LPA) with an error margin of +/-5%, India Meteorological Department (IMD) said in its long-range forecast.