Citizens Financial News

Trudeau had said that Canada had ‘credible evidence’ that India and its intelligentsia were involved in the June killing of Canada-based Pro-Khalistan terrorist Hardeep Singh Nijjar in Surrey. The months that followed saw apprehension of Canada restricting Visa for Indians, while India restricted entry for Canadian citizens in India.

health insurance for themselves or their dependents in India. According to a PolicyBazaar report, among NRIs, those from Gulf nations like the UAE, Saudi Arabia, Qatar, Oman, and Kuwait constitute the largest percentage of health insurance buyers, at 58%, followed by the USA/Canada (14%), the UK (8%), and Australia (6%). Think you check all the immigration boxes? Find out The appeal lies in the lower cost of health insurance in India compared to other countries, making it a viable choice for those residing abroad. Family floater health insurance plans are the preferred choice among NRIs, accounting for 40% of purchases. A significant portion of these policies (25%) is bought for parents or senior citizens residing in India. To maximize their health insurance benefits, NRIs opt for high-sum insured plans, especially crucial for severe illnesses or costly medical conditions. At least one-fourth of NRIs choose coverage of more than Rs 1 crore, while 34% opt for a sum insured between Rs 25 lacs to Rs 1 crore. Over half of the buyers opt for multi-year policies to take advantage of premium discounts. This not only locks in the premium for the chosen period but also guards against medical inflation or changes in premiums due to increasing age.

medical expenses. Reverse Mortgage Loan (RML) is a financial product that is meant explicitly for seniors so that they can monetise their homes while retaining their ownership during their lifetime. It is just the opposite of a home loan.

exposed on the dark web. 2. The leaked information includes names, phone numbers, addresses, Aadhaar, and passport details of Aadhaar registered users, which are available for sale online.

The disturbing fact of the past month is that Jews are under attack not only in Israel and not only by Hamas. The weeks since the barbaric Oct. 7 Hamas invasion of Israel have witnessed physical assaults on Jews the world over, including in the U.S.

By Jack Queen

As a registered power of attorney holder of my NRI (non-resident Indian) son, can I invest the sale proceeds of his two properties in 54 EC bonds on behalf of him and in his name? What is the maximum limit of such investment?—Name withheld on request As a registered power of attorney holder, you are permitted to undertake sale of immovable properties on behalf of your NRI son provided the power of attorney is specific for the properties to be sold. You may take appropriate legal advice to understand the stamp duty implications for such specific power of attorney document. Section 54EC gives you the benefit of tax exemption on capital gains arising from sale of properties held for the long term.

By Andrew Osborn and Filipp Lebedev

Israel Foreign Ministry took to microblogging site ‘X’ to inform that the German-Israeli dual citizen Shani Louk's dead body was found, confirming that the status of the hostage taken by Hamas fighters after the 7 October surprise attack on Israel. According to reports, the 23 year old Louk was attending the Re'im music festival in Re'im.

Attorney General R Venkataramani, in a statement filed before the Supreme Court ahead of the hearing of petitions challenging the electoral bonds scheme scheduled on October 31, stated that citizens do not have the right to information under Article 19(1)(a) of the Constitution regarding political party funding.

Safeguard against unexpected expenses: When unforeseen financial burdens arise, such as unexpected medical bills or car repairs, your savings can provide a safety net, sparing you from accumulating debt. Achieve financial objectives: Be it purchasing a home, launching a business, or retiring early, savings can expedite your journey toward accomplishing these goals. Enhance financial security: Having a financial cushion provides peace of mind and fosters better sleep quality, knowing you’re better prepared to weather life’s financial challenges.

(Reuters) — Prime Minister Mikhail Mishustin said on Monday that Russia would create a simplified procedure for citizens and companies from «friendly» countries to invest there.

R. Venkataramani expressed his perspective to the Supreme Court on Sunday regarding the challenges to the «opaque» electoral bond system for funding political parties.

SEAS), Deborah Lipstadt has condemned the violent protests that have been reported in Russia threatening Israelis and Jews and called on Russian authorities to ensure their safety. In a post shared on X, Lipstadt stated that the US stands with Israel and the entire Jewish community. She emphasised that there is no excuse for targeting Jews or engaging in anti-semitic incitement.

RBL Bank is offering a maximum return of 7.80% to the general public and 8.30% to senior citizens on terms ranging from 453 days to less than 24 months. Note that for Fixed Deposits with tenure below 181 days, interest will be calculated at maturity as simple interest. These two special FDs offering up to 8.05% interest rate will end in November

Congress leader P Chidambaram on Sunday said a caste census was essential if one supported reservations as the exercise would help fix the quota process for different sections of society. Addressing a press conference at the Congress' Rajiv Bhawan here, the former Union minister asked if tigers and elephants can be counted, why can't there be a caste census in the country. «We should know how many people belong to Scheduled Castes, Scheduled Tribes, OBCs, non backward class.

retail and cybersecurity.

Armenia has announced that it is ready to restore gas pipelines that once used to bring natural gas to the country from Azerbaijan even as threats of war still persists. «We had such an experience in the Soviet period.

common law for all citizens of the country, irrespective of their religion. Just this week, Assam Chief Minister said a state government employee "is not entitled to enter into a second marriage", adding that, "...if some religion allows you to do so, even then as per the rule, you have to get permission from the state government".

Israel-Gaza War News: Amid the ongoing war between Israel and Gaza, Tel Aviv on Saturday said that it was recalling its diplomatic staff from Turkey. The move comes after Turkey President Recep Tayyip Erdogan reiterated his remarks that Israel is an “occupier", and Hamas was “not a terrorist orgamisation". "Given the grave statements coming from Turkey, I have ordered the return of diplomatic representatives there in order to conduct a reevaluation of the relations between Israel and Turkey," Foreign Minister Eli Cohen said in a post on X, formerly Twitter.

when we find them, we will let them go," he said, as per news agency AFP. Follow Israel Hamas LIVE Updates On the question of release of the hostages, the Hamas representative said, "About the peaceful citizens that were taken and that are now in Gaza, we treat them as guests. While referring to the Russian-Israelis, he added that Hamas will free them as soon as the conditions are met.