Citizens Financial News

Araria district in connection with the murder of journalist Vimal Kumar Yadav. The unfortunate incident occurred on Friday at Yadav's residence in Premnagar village. Yadav, aged 35, was working for a Hindi daily.

Rajya Sabha Chairman Jagdeep Dhankar on Friday referred the three proposed bills, which seek to replace British-era criminal laws, to the Standing Committee on Home Affairs for examination. Rajya Sabha has asked the Standing Committee to submit its report within three months.

Hindustan Times report, the citizens were brought back to the commercial town of Moreh which lies 110 km south of Imphal. Upon their return, these citizens were received at the border gates by teams of Indian Army led by commandants of the Assam Rifles and Gorkha Rifles.

A Russian analyst has claimed that the digital ruble, the nation’s CBDC, will bring no benefits to ordinary citizens.

Elon Musk this week. The Tesla and SpaceX CEO dubbed the US Presidential hopeful a “very promising candidate" and urged people to listen to an interview of Ramaswamy. The 35-year-old is one of three Indian origin Republicans set to contest against Donald Trump in the upcoming primaries.

Economic Times. As per the report, the UK government is willing to relax some visa rules for Indian professionals, however, any visa relaxations are most probably to be limited as immigration is a politically sensitive subject in the UK. Till now UK has so far refused any concessions to its visa and immigration rules under the FTA with India.

New Delhi: Prime Minister Narendra Modi on Friday urged G20 nations to facilitate equitable availability of technology and also appealed to them to open innovations for public good. Virtually addressing the G20 Health Ministers’ meet in Gandhinagar, Gujarat, PM Modi said, “Let us open our innovations for public good. Let us avoid duplication of funding.

Bihar News: A journalist of a Hindi daily, Vimal Kumar Yadav, was shot dead at his residence in Araria district of Bihar early on Friday. The assailants had knocked on Yadav's door at 5.30 am in the morning, and when he opened the door, the criminals shot at him, according to media reports. Vimal Kumar Yadav (35), who worked for a Hindi daily Dainik Jagaraan, was killed at his residence in Premnagar village.

Nirav Karkera, Head of Research, Fisdom, says if you have less than five years to retire, you should definitely build a corpus utilising slightly equity-oriented products but not very heavily equity-oriented and even within equity, do not go towards the farther end of the markets that are midcaps or smallcaps; stick to less volatile largecaps and blue chips.”If somebody is already a senior citizen, what should they keep in mind while putting fresh money into different asset classes that are available? Also, what are the key points they need to be noting given the requirements in times ahead?For a senior citizen, life is not very different from any other investor irrespective of whether a senior citizen or not and the basics apply to them as well. So, the number one point that most people do not really recognise is that investing decisions do not start with finding the right product or the most exciting investment opportunity, but with assessing your own self, your own financial condition, your risk profile, your objectives and your appetite for volatility or risk.

Vivek Agnihotri recently took a potshot at superstar Shah Rukh Khan and Karan Johar. In an interview with India.com, ‘The Kashmir Files’ director said that although he is a fan of the ‘Pathaan’ superstar, he detested his “politics.” He also accused the ‘Baazigar’ actor of making “PRS, hype, glamour and stardom” more prevalent in B’town. “Do you know I am a fan of SRK? I always say there’s nobody as charismatic as him.

savings account into a pension account, or they may open a new pension account. When an employee retires for any state or central government organization, they will receive benefit amounts and a monthly pension in the account mentioned by them. For that you have two option: open a new pension account or, you convert the existing salary account into a pension account. The difficulty of keeping several accounts can be avoided by converting your current savings account into a pension account. If a retiree already has a current or savings account, they are not obliged to create a second pension account with a bank. Each month, the present savings account may receive credit for your pension. According to the SBI FAQs web page, “The pensioner is not required to open a separate pension account. The pension can be credited to his or her existing savings/current account maintained with any Branch of the Bank selected by the pensioner.” Also, “The concerned pension paying/sanctioning authorities of the Ministries/ Departments/State Governments forward the PPOs to the Bank where from the pensioner desires to draw his/her pension.”

Axis Bank has reduced the fixed deposit interest rate on one tenure by 10 basis points (bps) for amounts below Rs 2 crore. The new FD rate is effective from August 18, 2023, according to the Axis Bank website. The bank has reduced 10 bps on tenure of 16 months to less than 17 months on tenure from 7.30% to 7.10%. After the revision, Axis Bank offers interest rates between 3.5% and 7.20% on tenures ranging from 7 days to 10 years.

On her 64th birthday, here are some major achievements of FM Sitharaman: 1) Central Goods and Services Tax Amendment Bill: Finance Minister Nirmala Sitharaman introduced the bills on the monsoon session's final day, amidst opposition protests over Congress leader Adhir Ranjan Chowdhury's suspension. Lok Sabha approved amendments to GST laws, proposing a 28% tax on total bet value in online gaming, casinos, and horse race clubs.

By Alexandra Valencia

The pilot will begin on 15 August and involve select clients of the participating banks. It will test the opening of digital ruble accounts and money transfers to them, person-to-person transfers, bill payments, and QR code-based payments.

The anti-cybercrime group of the Philippine National Police released a warning note to citizens on possible risks involved in cryptocurrency gaming schemes such as the play-to-earn model used by Axie Infinity.

Bruce Springsteen has encountered a hiccup on his tour as he battles illness, resulting in the postponement of two eagerly anticipated shows in Philadelphia. An announcement through his official X/Twitter page revealed that concerts scheduled for Wednesday and Friday nights would need to be rescheduled.

Himachal Pradesh is going through one of the worst... moreHimachal Pradesh is going through one of the worst weather-related crises in recent times.

Christian community in Punjab province even as the government on Thursday ordered a high-level probe into the riots over blasphemy allegations. Scores of churches and homes belonging to Christians in Jaranwala tehsil of Faisalabad district, some 130 km from the provincial capital, were burnt down on Wednesday by a mob enraged over reports that two Christians had desecrated the Quran. According to the Punjab government, over 100 people, including activists of the extremist group Tehreek-i-Labbaik Pakistan (TLP), have been taken into custody for attacking homes and churches of Christians over the alleged blasphemy.

Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on Thursday forecast that the digital economy will contribute more than 20 per cent of the country’s GDP in 2026.

With the help of the Central Government-backed Sukanya Samriddhi Yojana (SSY), you can accumulate a large corpus to fund the future financial needs of your girl child. The scheme allows parents to open up to two accounts per family in the name of two girls aged 1 year to less than 10 years. However, in the case of twins and triplets, more than two SSY accounts per family can be opened.