Citizens Financial News

«Bengaluru, a city that stands proudly as one of the top technology hubs globally, deserves our utmost attention and priority in terms of development. It is not merely a city; it is a symbol of innovation, diversity, and progress,» he said. In his address, Siddaramaiah said as the Chief Minister of Karnataka, he is committed to ensuring that Bengaluru continues to thrive and scale global heights by focusing on critical aspects such as infrastructure, quality of living, and citizen amenities.

local governance is undergoing a paradigm shift. The shift is being driven by the increasing power of Artificial Intelligence (AI) and data analytics. Local governments, which till now had been associated with bureaucratic hurdles and slow processes, are slowly embracing tech startups as partners in this transformative journey. This article explores how AI and data analytics, delivered through the agility and passion for innovation of tech startups, are paving the way for a more efficient, citizen-centric, and responsive local governance model. Let us first look at some of the challenges that traditional models of governance face. Local governments often struggle to extract meaningful insights from vast amounts of data because of limited resources and expertise. Further, manual processes and siloed operations lead to slow response times and frustration for citizens. Most importantly, traditional communication channels fail to effectively engage citizens in decision-making processes, which defies the very idea of democracy, i.e. governance of the people, by the people, and for the people.

death of Russian opposition leader Alexei Navalny, the United Kingdom (UK) government has summoned the Russian Embassy to clearly state that they hold the Russian authorities «fully responsible for his death.» «The UK government has summoned the Russian Embassy to make clear that we hold the Russian authorities fully responsible,» it said in a statement on Friday.

₹115 crore attached by the tax department will be transferred to the exchequer as per the procedure followed in the case of any citizen defaulting on tax dues, a person informed about the working of the tax department said on Friday. If the funds are insufficient, the same would be recovered as and when they are deposited into the accounts, the person cited above said, requesting not to be identified. This comes after news reports of a Congress party leader saying on Friday that the party’s bank accounts were unfrozen by the Income Tax Appellate Tribunal (ITAT) after the party filed an appeal before it.

IDBI Bank will levy a penalty of 1%, on the applicable rate for deposits closed prematurely. Such closures include the withdrawals through sweep-ins and partial withdrawals as well.

HT. He noted that he was glad to be a Mumbaikar and vowed to be a good father. He welcomed daughter Raha Kapoor with actor-wife Alia Bhatt in 2022.

(This Feb. 15 story has been corrected to change the launch date from 'March' to 'spring' in paragraph 5)

The Economic Times (ET), Amit Sevak, chief executive of Education Testing Service (ETS) was quoted as saying that this shows the demand for the test is growing among Indians. GRE is a standardised test which tests critical thinking, analytical writing, verbal reasoning skills and quantitative aptitude of students who wish to take admission to colleges US or other countries. According to the data in the report, 113,304 Indians took the test in June-July in 2022-23, followed by 97,676 Americans and 57,769 Chinese.

Supreme Court is set to announce its verdict regarding petitions challenging the validity of the electoral bonds scheme on February 15. The Constitution bench, headed by Chief Justice DY Chandrachud, had reserved its decision on November 2 last year. In April 2019, the Supreme Court declined to stay the electoral bonds scheme, emphasising the need to reduce the cash component in the electoral process.

Never hesitant to rebrand an existing phenomenon, millennials and their Gen Z ‘frenemies’ are admitting to having ‘money dysmorphia’—which is a feeling of insecurity around their financial situation even when the true picture reveals little cause for concern. Some 43% of Gen Z and 41% of millennials say they suffer from a flawed perception of their finances, according to a recent Credit Karma study. While it might sound like just another form of anxiety induced by TikTok feeds of short videos, money dysmorphia is a real problem that can cause someone to make poor or ill-informed decisions.

The cost of living adjustment (COLA) of Social Security in the year 2025 is forecasted at 1.75% as per an analysis done by The Senior Citizens League (TSCL), a non-profit, neutral advocacy group for seniors.

Under Section 80C and other provisions of the Income Tax Act, there are a number of ways for taxpayers to reduce their tax obligations. These investments provide you the chance to build wealth in addition to lowering your taxed income. How to switch from new tax regime to old tax regime for FY23-24

Section 80TTB of the Income Tax Act outlines the tax benefits that senior citizens can avail of regarding the interest income they receive from deposits. The Finance Budget 2018 introduced several benefits specifically targeted at senior citizens, one of which is the new provision -Section 80TTB.

Assam Chief Minister Himanta Biswa Sarma on Tuesday asserted in the Assembly that high population is a «disease» for the state, which impacts its performance in various parameters. He also maintained that the state's poor performance in a nationwide cleanliness survey «is a reflection on the people as a whole rather than the government», as he pitched for a 'proper citizens' movement'. Taking part in a discussion on the state Budget, Sarma said the state's performance in terms of percentage cannot be compared with Arunachal Pradesh or Meghalaya, which have a much lower population than Assam. «Our population burden affects our performance in terms of percentage. Population vis-a-vis students determine the percentage», he said, referring to opposition Congress MLA Bharat Chandra Narah pointing out that Assam's gross enrolment ratio (GER) was much less than the national average.

Manik Saha has successfully navigated a major crisis that saw the state's critical transportation arteries blocked by supporters of the TISF, a student wing of the opposition TIPRA MOTHA party. The blockades, which targeted key national highways and railway lines, effectively isolated Tripura, causing widespread disruption and anxiety among its citizens. The blockades were an escalation of a longstanding demand by the TISF and another wing, the Twipra Students' Federation (TSF), for the recognition of the Roman script for the Kokborok language in educational assessments. This demand, rooted in a 17-year struggle for linguistic recognition, recently gained momentum following statements by Dhananjoy Gon Choudhury, President of the Tripura Board of Secondary Education.

Kailash Gahlot wrote to Chief Secretary Naresh Kumar denying permission and expressed solidarity with the farmers' march, they added. "The demands of the farmers are genuine. Secondly, it is the constitutional right of every citizen to make a peaceful protest.

Thai Airways plane.“Global Affairs Canada is aware of the arrest of a Canadian citizen in Thailand.

Israeli Minister of Transport and Road Safety, Miri Regev, paid tribute to the victims of the 26/11 terror attacks at Mumbai's Nariman House on Monday. After laying flowers at a column raised in memory of the 26/11 victims, the minister also interacted with members of the Indian Jewish community at the Keneseth Eliyahoo Synagogue. In one of the deadliest terror attacks to have been perpetrated on Indian soil, 10 members of Pakistan-based Lashkar-e-Taiba infiltrated India's commercial capital by the sea on the night of November 26, 2008, opening fire on unarmed civilians at some prominent public spaces across Mumbai.

Namo Grand Central Park has finally been made available to the public. Built at Thane, Mumbai, this park is Maharashtra’s first-ever central park. It is also touted to be one of the biggest urban parks in India. Spread over 20 acres, and hosting more than 3,500 trees, this breathtakingly beautiful park was inaugurated by the state’s Chief Minister Eknath Shinde on Thursday. “This is the state’s first central park has over 3,500 trees and has been designed to accommodate more plantations that will attract various species of birds and butterflies here,” he said.

Himanta Biswa Sarma on Monday said that Registrar General of India (RGI) is yet to notify the National Register of Citizens (NRC) but discussion is underway to provide relief to the people who have been unable to get Aadhaar cards due to locking of their biometrics as part of the NRC updating process. Replying to a question by Congress MLA Kamalakhya Dey Purkayastha on the 27 lakh people not able to get Aadhaar cards, he said, “I am in consultation with the Centre on this and hopefully something positive will happen soon. But we can’t go against SC orders. If required, we may have to approach the SC at some time to address the issue”. “The RGI is yet to be notify the NRC. The court has asked us to ensure security of data. We have detailed the Centre about the available security system in place. Both the issues are under the consideration of the Centre,” he said.

Mamata Banerjee, alleging that she is known for "genocide of Hindus" and is now allowing her party's workers to sexually attack women. "Mamata Banerjee is known for the genocide of Hindus. She will now allow her men to pick young married Hindu women to be raped in the TMC office...