Citizens Financial News

12.09 / 11:10
markets Citizens security RAI reports peace Government will be ruthless against those trying to incite communal divide in Karnataka, warns CM Siddaramaiah
Karnataka Chief Minister Siddaramaiah on Thursday urged citizens in the state to maintain peace and restraint, a day after violent clashes erupted between two religious groups during a Ganesh idol procession in Mandya district's Nagamangala. He blamed miscereants for the stone pelting incident, alleging that they want to disrupt peace and harmony. The Karnataka CM also took this opportunity to issue a stern warning against any sort of provocation that might put the state's security at risk.
11.09 / 20:05
markets Digital Citizens Experts RAI Schools Small finance banks now going big on deposit rates
SFBs) have raised their fixed deposit rates to more than 8% for a two- year tenure as they scramble with the giants, such as State Bank of India and HDFC Bank, to garner funds from ordinary savers in a market where alternative investment options have multiplied over the past couple of years. SFBs are offering 100-125 basis points higher on deposits than what they offered a year ago. The returns are also about 120 basis points more than what the big banks such as SBI and HDFC Bank offer. Utkarsh SFB and Suryoday SFB are offering 8.5% on two-three year tenures, while Equitas SFB is offering 8.5% on a tenure of two years to less than three years. Unity SFB is offering 9% on 1,001 days.
11.09 / 18:27
markets Provident Citizens Align RAI International Centre gives nod to implement Pradhan Mantri Gram Sadak Yojana phase four
Union Cabinet, under PM Narendra Modi, on Wednesday approved the implementation of the Pradhan Mantri Gram Sadak Yojana — IV (PMGSY-IV) for FY 2024-25 to 2028-29 with a total outlay of Rs 70,125 crore. «The financial assistance is to be provided for the construction of 62,500 km of road to provide new connectivity to 25,000 unconnected habitations and for the construction and upgradation of bridges on these new connectivity roads. The total outlay of this scheme will be Rs 70,125 crore,» the government said in a press release. Also Read | Cabinet expands Ayushman Bharat scheme for 70+ old citizens, boost for hydropower sector and more: Check highlights
11.09 / 15:53
markets UPS Provident Citizens Universities cover Cabinet expands Ayushman Bharat scheme for 70+ old citizens, boost for hydropower sector and more: Check highlights
Union Cabinet on Wednesday gave its nod to several significant schemes to advance healthcare, renewable energy, and promote electric vehicles to further combat pollution. The Modi-led cabinet has also approved coverage of PM Gram Sadak Yojana to those unconnected habitations due to various reasons including increase in population. Here are the top decisions from today's meeting:
11.09 / 13:43
Citizens Landmark Fighting Apple Justice show Courts EU's top court dismisses Apple's final appeal against order to pay Ireland 13B euros in back taxes
The European Union’s top court has rejected Apple’s final legal challenge against an order from the bloc’s executive commission to repay 13 billion euros ($14.34 billion) in back taxes to Ireland, bringing an end to the long-running dispute
11.09 / 13:25
markets Citizens security RAI Courts Colleges Kolkata RG Kar case: Govt invites a team of protesting doctors for talks
Responding to their email, Chief Secretary Manoj Pant has invited a delegation of 12-15 doctors to state secretariat Nabanna. “The representative team of junior doctors should have 30 members and be streamed live for transparency,” a junior woman doctor said, adding, “We are hurt that the administration has failed to respect the sentiments of the female doctors who have been at the forefront of the movement and refused to address their security concerns.” She was mentioning yesterday's invitation by the state Health Secretary for a meeting last evening.”
11.09 / 03:58
markets UPS Citizens Sustainability wellness RAI ET Explainer: Monthly cash flows from mutual funds
Financial planners advise systematic withdrawal plans in a mix of mutual fund schemes for regular monthly income which is tax efficient as well.
10.09 / 16:18
markets Citizens Waters economy country social testing China faces the inevitable, raising its low retirement age
Squeezed by an economic downturn and a rapidly aging population, China took a step toward raising its unusually low benchmarks for when people should retire. China has one of the lowest retirement ages among major economies, letting women retire as early as 50 and men at 60—policies unchanged since the 1950s. Beijing has long said it wants citizens to work longer, but has repeatedly put off any policy changes for fear of social pushback.
09.09 / 19:01
Citizens Progressive Mobile Apple economy country Updates Multiple citizenship for viksit Indians
India remains an outlier among nations that encourage this stratagem. True, India has strategic compulsions in its neighbourhood, which make dual citizenship difficult for now. But it addresses the economic imperative by allowing permanent residency to the diaspora. Since this facility was introduced, India has plugged deeper into the global economy, and its workforce-and, indeed, culture and values-have become more mobile.
09.09 / 16:35
markets FIVE Citizens Death RAI volunteers Ethnic strife escalates in Manipur due to militant involvement
Manipur is escalated by the involvement of militants. Police have found that out of six people killed on Saturday in Jiribam three belonged to Kuki militant outfitKuki Liberation Army (KLA), a group that is under the Suspension of Operations (SoO) pact with the central government and one from on ceasefire Meitei outfit UNLF (P). Six people were killed in Jiribam district on Saturday. Among those killed one was a civilian and the rest were armed people. Manipur police has stated in X, “In c/w the case of 06.09.2024, suspected Kuki militants had attacked Nungchappi village under Jiribam District resulting in death one senior citizen civilian identified as Yurembam Kulendra Singha (63) yrs S/O.
08.09 / 19:29
Citizens Election Exodus community Justice rights Many Kashmiri Pandit organisations decide to refrain from electoral process over 'genocide denial'
Article 370 in Jammu and Kashmir draws near, several organisations of the Kashmiri Pandit community has decided to refrain from the electoral process in the Union Territory over «persistent denial of their genocide». The decision to abstain from the polling was taken at Kashmiri pandit citizens meet held here in the light of the Assembly elections scheduled to take place in three phases on September 18, 25 and October 1. The event, attended by a significant number of Kashmiri Pandit leaders, focused on the ethical and political dilemma of participating in an election that «continues to disregard the community's demand for recognition of their genocide» and the resultant «forced exodus» from their homeland. «For decades now, we have been a community in exile, watching as successive governments and political parties utilise our exodus and our suffering as talking points during elections. Yet, when it comes to addressing our demands for justice — recognising our genocide, facilitating our return to our homeland with dignity, and restoring our rights — we are met with silence.
08.09 / 18:40
Citizens Mobile CBS track information testing MHA working on nationwide disaster alert plan on phones
Cell Broadcasting Solution (CBS) at pan India level that will alert mobile phone users with a sound whenever there is a disaster alert, said officials. The facility will be part of Common Alerting Protocol (CAP) run by DoT on behalf of the MHA during natural disasters such as flood, earthquakes, landslides among others, they added. A senior government official further explained, «CAP is an SMS based alert protocol which takes data from government scientific agencies like IMD, CWC, NCS and issues real-time alerts to citizens in the Area of Concern such as track of a cyclone, as SMS on their mobile phones,» explained a senior official. The implementation of CBS will help in mitigation of human lives and livestock in remote parts of the country. "
08.09 / 12:02
COST Provident Citizens Action Sustainability Healthcare country Pension alert: Even the unified scheme could acquire a sell-by date over time
shorturl.at/8Ze9p) has pointed out that during the 2024 Lok Sabha polls, the BJP’s share of postal ballots in these four states had reduced from its 2019 level, providing some indication of displeasure with the pension system. Postal ballots are mostly cast by senior citizens, persons with disabilities, government officials either on poll duty or serving in locations removed from their constituencies, consular staff in overseas locations and defence personnel. The sharp reduction in the share of postal ballots must have given the BJP think-tank a reason to pause and reconsider its considered stand on pension.
08.09 / 10:05
Citizens Career awards WhatsApp War Celebrity stars World War II veteran turns 100, Indian Army celebrates his centennial birthday
Lance Naik Charan Singh (retd), a World War II veteran who served the Army for 17 years and received the prestigious Burma Star Award has turned 100. The Army celebrated his centennial birthday on Saturday at his home in Himachal Pradesh, marking a century of extraordinary life and service. Born on September 7, 1924, Singh's journey with the Army began on August 26, 1942, at Firozepur Cantonment, when he got enrolled in the Indian Army, a senior official said on Sunday. His distinguished military career saw him serve with the Army Service Corps during the World War II. His service took him from Singapore to Lahore and eventually to Yol Cantonment in Himachal Pradesh, he said.
08.09 / 06:14
Provident FIVE Citizens community students Justice recommendations Clause 6 of Assam Accord: State govt to implement recommendations of Biplab Sarma commission, focus on safeguarding Assamese identity
Assam chief minister Himanta Biswa Sarma said that thegovernment has discussed on the recommendations of Justice (Retd) Biplab Sarma Commission, which was constituted by the Ministry of Home Affairs, Government of India, to implement Clause 6 of the Assam Accord. State government will in consultation with All Assam Students Union (AASU) will implement 52 by April 2025. Sarma said that there will be regular meeting with AASU. “There will consultation with sixth schedule councils and people in Barak valley. However, for implementing these recommendations in Brahmaputra valley we do not require any consultation with this bodies.” Assam government stated after detailed consideration, Cabinet has accorded approval to implement 57 out of the 67 recommendations made by the Commission. For the remaining 10 recommendations, in-depth discussions will be held with the Government of India. These recommendations will be applicable across the State except 6th Schedule areas and Barak Valley. In these regions, the recommendations will be implemented only after concurrence of the authorities and the people in those regions.
07.09 / 12:57
Citizens WhatsApp country New applicants for Aadhaar in Assam need to submit NRC application receipt number: Himanta
submit their NRC application receipt number (ARN), Chief Minister Himanta Biswa Sarma said on Saturday. ''Applications for Aadhaar cards are more than the population...It indicates that there are doubtful citizens and we have decided that new applicants will have to submit their NRC application receipt number (ARN)," the chief minister said at a press conference here. This will «stop the influx of illegal foreigners» and the state government will be ''very strict" in issuing Aadhaar cards, he said.
07.09 / 09:04
Man Citizens shooting Justice reports Department Investigations Pakistani origin man faces terror charges in both USA & Canada
Pakistani origin person from the Toronto area is facing terror charges in both Canada and the United States, “for allegedly attempting to illegally enter the U.S. to carry out a mass shooting at a Jewish Centre in New York City”, according to a Canadian Broadcasting Corporation (CBC) report. Press releases issued Friday by the U.S. Department of Justice and the RCMP identified the accused in the case as 20-year-old Muhammad Shahzeb Khan, who investigators say is also known by name Shahzeb Jadoon, according to CBC. Khan was arrested Wednesday in the town of Ormstown, Que., about 60 kilometres south of Montreal. U.S. authorities described him as a Pakistani citizen residing in Canada, CBC reported.
07.09 / 02:58
Citizens Action Election President country Dick Cheney joins daughter Liz in endorsing Kamala Harris, says 'Trump can never be trusted with power again'
Republican former Vice President Dick Cheney announced his decision to vote for Democratic presidential candidate Kamala Harris over Republican former President Donald Trump in the Nov. 5 U.S. elections. This follows a similar endorsement from his daughter, Liz Cheney, earlier this week. The announcement comes amid a closely contested race between Trump and Harris. “In our nation’s 248-year history, there has never been an individual who is a greater threat to our republic than Donald Trump,” Cheney said in a statement. “He tried to steal the last election using lies and violence to keep himself in power after the voters had rejected him. He can never be trusted with power again.” “As citizens, we each have a duty to put country above partisanship to defend our Constitution. That is why I will be casting my vote for Vice President Kamala Harris,” he concluded.
07.09 / 01:44
UPS Citizens Election trends Hawaiian 2020 Trump vs Harris: Who are Asian Americans going to vote for in U.S Elections, their support is key for winning the White House
Sarah Poontong, 49, became a U.S. citizen late last year and quickly registered to vote, reflecting a notable trend. Asian American, Native Hawaiian, and Pacific Islander voter registration surged by 43% from January to June 2024, according to APIAVote and TargetSmart. This growth outpaces that of other racial groups. The increase is driven by a rise in naturalized immigrants, young Asian Americans reaching voting age, and intensified get-out-the-vote efforts. Between 1960 and 2019, U.S. immigration from Asia grew 29-fold, and Asian immigrants are more likely to become naturalized. Since 2020, this group has become the fastest-growing segment of eligible voters.
06.09 / 09:51
COST BLOCK Citizens Healthcare reports strain Health insurance GST: Indian states may be blocking the way for a big tax relief
tax burden on health and life insurance policies. However, the proposal to lower GST on insurance premiums is meeting resistance from several states, which fear a significant loss of revenue, particularly from medical insurance, ToI reported. Also Read: Indians may need to get over a tax headache to secure their health

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