Citizens Financial News

Sabarmati Riverfront has become the soul of social and cultural activities in Ahmedabad, Union Home Minister Amit Shah said on Sunday as he virtually launched the 'Akshar' cruise on the river that cuts through the city. Addressing a gathering through video conference, Shah lauded Prime Minister Narendra Modi, saying when the latter was the chief minister of Gujarat, he took many initiatives which helped in increasing the tourist footfall in the state. Shah said when he shifted to Ahmedabad in 1978, he never went to see the Sabarmati river until the riverfront was constructed. The river was then nothing more than a pit of dirty water, he recalled. «As the then Gujarat chief minister, Prime Minister Modi for first time imagined a riverfront and planned for it, and it was constructed during his duration (as CM). The riverfront became known not just in Ahmedabad but also across the country and abroad and became a centre of tourism,» Shah said. «It has become a centre of various activities. Walkers take a stroll in the morning, senior citizens in the evening, and children and youth play here. Today, the riverfront has become the soul of social and cultural activities on both sides (of the river) of Ahmedabad,» he said during the virtual inauguration.

United States, citizens will go all out on Tuesday to observe the Fourth of July, also known as Independence Day. This festive occasion is marked by grand fireworks displays, large outdoor gatherings for barbecues, and patriotic parades adorned with stars and stripes, taking place across the nation. But why is it celebrated on the Fourth of July in the US?

NRI population has gotten so large, that sometimes it feels larger than the population of India itself. Land in any major city in the world, and all you'll see are Indian faces. Sometimes you can hear more Hindi on the streets of London, New York, Dubai and San Francisco than English.

Surrendering passports and acquiring the citizenship of another country are two entirely different actions, said an immigration consultant for New Zealand and Australia.«Goans, Punjabis, Gujaratis and people from Tamil Nadu and Kerala are acquiring citizenship of other countries. For the Goans, England was the final destination. But Brexit applied brakes on their movement,» said Ravi Veravalli, principal consultant, Star Global Education Alliance, in a conversation with IANS.

Now, with top economies seeking semi-skilled and skilled professionals to plug labour shortages, offering them extensive benefits and upgrading their standard of living, people's desire to migrate has reached an all-time high. Going by the numbers, Indians continue to chase the American dream with 7,88,284 of them relinquishing their citizenship in 2021, according to a Ministry of External Affairs data.

‘Living in America,’ a 1985 song performed by James Brown, captures Americans’ pride in the country’s progress and prosperity at the time. Working and living in the United States has long been a dream cherished by several global citizens. And, Indians too are not behind in making the US their home. Although, there are many ways to get US citizenship, getting an EB-5 Visa is considered to be the fastest route to settle in America.

July 1, 2017: India woke up to an unprecedented transformation in its tax landscape as the Goods and Services Tax (GST) took center stage, promising to be the answer to demands for a streamlined indirect taxation system for 1.4 billion citizens. With its motto, «One nation, One market, One tax,» GST aimed to bring unity and benefits for all stakeholders, governments, taxpayers, and administrators alike.The giant leap in taxation history: One umbrella for all GST's introduction marked a significant milestone in the history of taxation in India.

Dhananjaya Y. Chandrachud on Friday said that the greater challenge for the Indian judiciary is that the constitution and rights become accessible to common people.

Pakistan's security forces killed six people, whom the officials called 'terrorists', during a gun battle in North Waziristan and Tank City, ARY News reported on Saturday quoting Inter-Service Public Relations (ISPR). As per the ISPR, in the gun battle in the Razmak area of the North Waziristan district three 'terrorists' were killed. In another gun battle in Tank City, three others were killed and security forces recovered weapons and ammunition from them.

G Kishan Reddy has unveiled a postal cover on '9 Years of Telangana Statehood' and picture post cards showcasing 'Buddhist Heritage in Telangana — Bavapur Kurru' in Hyderabad. Speaking on the occasion, Reddy lauded Prime Minister Narendra Modi's vision and new initiatives that have helped transform India Post into a Multi Service Agency providing services to the citizens «on value-for-money basis».

Binance, the world’s largest cryptocurrency exchange, is making an effort to to dispel myths that the crypto industry at large is a ‘non-compliant’.

A single tweet alleging Communist Party interference was all it took for Canada to freeze ties with a China-led development bank this week. The question now is whether the United States and other allies will join Canada — and would Beijing even care?

OTTAWA — Finance Minister Chrystia Freeland says Canada will halt all government-led activity at the Asian Infrastructure Investment Bank after a Canadian citizen tendered his resignation from the financial institution.

The interest rate on the Public Provident Fund (PPF) has yet again been kept unchanged at 7.1%. Here is a look at the interest rates on various small savings schemes for the second quarter of FY 2023-24.

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Citizens Financial, Core Laboratories, Concentrix, and Sonder.

National Savings Certificate (NSC) Interest Rate July-September 2023: The NSC interest rate for the July-September quarter of FY 2023-24 will be announced today (June 30). NSC account holders are hoping for a further hike in the interest rate. However, another hike is unlikely as the Government increased the NSC interest rate increased in the last quarter.

Goods and Services Tax (GST) has acted as an engine for driving domestic consumption and helped households save on monthly bills since its implementation six years ago, the government said on Friday. Giving a comparison of the tax rates of various goods pre and post-GST rollout, the government said from streamlining processes to boosting investments, GST has been a catalyst for progress.

Kisan Vikas Patra (KVP) Interest Rate July-September 2023: The KVP interest rate for the July-September quarter of FY 2023-24 will be announced today (June 30). KVP account holders are hoping for a further hike in the interest rate. However, another hike is unlikely as the KVP interest rate was revised in the last quarter.

Post Office Recurring Deposit (RD) Interest Rate July-September 2023: The interest rate of the 5-year Post Office Recurring Deposit (RD) for the July-September quarter of FY 2023-24 will be announced today (June 30). Post Office RD account holders are hoping for a further hike in the interest rate. However, another hike is unlikely as the Post Office RD interest rate was revised in the last quarter.

Senior Citizen Savings Scheme (SCSS) Interest Rate July-September 2023: The SCSS interest rate for the July-September quarter of FY 2023-24 will be announced today (June 30). SCSS account holders are expecting a further hike in the interest rate. However, a fresh hike is unlikely as the SCSS interest rate has increased in the last two quarters. (See SCSS interest rate history).

Sukanya Samriddhi Yojana (SSY) Interest Rate July-September 2023: The SSY interest rate for the July-September quarter of FY 2023-24 will be announced today (June 30). SSY account holders are expecting a further hike in the interest rate. However, another hike is unlikely as the SSY interest rate increased in the last quarter.