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Finance Minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees’ provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today’s realities where interest rate on other small saving instruments was even lower.

For the first time, Opposition AIADMK coordinator and former Chief Minister O Panneerselvam Monday appeared before the one-man Retired Justice A.Arumughaswamy Commission inquiring into the circumstances that led to the death of former CM J Jayalalithaa.

Kanchi Sankaracharya Sri Vijayendra Saraswathi Swamigal, who commenced Yatra on 16 March from Kanchi Math, has been visiting various places. He visited Goddess Saraswathi temple at Shankara College campus, Enathur where Kumbhabhishekam was performed. He inaugurated newly constructed Thinnai Pallikoodam in the college.