Citizens Financial News
29.01 / 02:35
UPS
Provident
BLOCK
Citizens
Gap
performer
reports
Our Panchayati Raj system is in need of funding empowerment
The Reserve Bank of India’s (RBI) maiden report on ‘Finances of Panchayati Raj Institutions,’ released on 24 January 2024, fills a long-felt gap in our understanding of the fiscal health of the third tier of government in India: local institutions of governance. Though it is now more than 30 years since the 73rd amendment to the Constitution institutionalized Panchayati Raj Institutions (PRIs) at three levels in rural India—gram panchayats at the village level, mandal panchayats at the block level and zila parishad at the district level—empowerment of the kind envisaged in 1992 is yet to realized.
28.01 / 23:30
UPS
Provident
Digital
Citizens
wellness
inclusion
Health insurance may be about to get a new regulator
₹25,000 (self and family) to ₹50,000, while raising this further for senior citizens. However, no view on this has been taken so far, the people cited above said. Separately, digital banking units (DBUs) may be allowed to provide more financial products, including insurance policies and other products, to advance financial inclusion.
28.01 / 05:48
markets
UPS
Provident
Citizens
Align
Experts
Destinations
Fixed deposits: Should FDs be your next investment destination? Here's what top experts say
ARTHA FinPlan, shared, “At present, one may look for FDs for goals like creating a contingency fund and earning a fixed income. For example, a short-term FD can be aligned with a contingency fund. Investors especially senior citizens can invest in for their fixed income requirements.
28.01 / 02:07
27.01 / 14:33
Citizens
security
country
reports
International
Financial
Pakistan seeks $2 billion financial assistance from China for a year: Report
The Express Tribune newspaper reported. According to the report, in a letter to Chinese Premier Li Qiang, caretaker Prime Minister Anwaarul Haq Kakar has requested his counterpart to roll over the debt as soon as the deposit time for the loan from China is completed on March 23.
27.01 / 04:15
27.01 / 01:27
UPS
Citizens
PwC
wellness
Experts
Department
Schools
Govt seeks ideas to push AI-driven e-governance
AI-backed face authentication across its offices and deepen penetration of e-services delivery to citizens, it is closely looking at how AI can be deployed in future models of e-governance with experts proposing a range of solutions from diagnosis of cataracts to crop diseases besides an Aadhar 2.0 and treating the family as a governance unit. The Department of Administrative Reforms and Public Grievances (DARPG) recently brainstormed with nearly 15 domain experts from EY to PwC to stay in step with sweeping technology shifts and plan future public service delivery models using AI.
26.01 / 23:05
BLOCK
Citizens
Fraud
Justice
reports
Courts
rights
Estonia Renews U.S. Extradition of Crypto Businessmen Accused of $575 Million Ponzi Scheme: Report
The Estonian government has decided to renew the United States extradition of two alleged fraudsters accused of running a $575 million scheme, Estonian Public Broadcasting reports.
26.01 / 16:03
UPS
Citizens
Election
2024 Lok Sabha Polls: 96 crore citizens, including 47 crore women, eligible to cast vote
vote in the upcoming Lok Sabha elections, for which more than 12 lakh polling booths would be set up across India. Over 1.73 crore of those eligible to vote are in the age group of 18 to 19 years, according to Election Commission data.
25.01 / 20:47
Citi
Provident
Citizens
Waters
economy
country
inclusion
View: India urbanisation critical for getting developed tag
urban transformation will play a critical role in realizing its ambition of becoming a developed country by 2047, the 100th year of Independence. Indeed, building the necessary infrastructure will be key for creating livable, climate-resilient, and inclusive cities that drive the economy forward. Since nearly 70 % of the urban infrastructure needed by 2047 is yet to be built, sizeable investments will be required. By 2036, India will need to invest $840 billion in infrastructure — an average of $55 billion or 1.2 % of GDP per annum.
25.01 / 18:38
COST
UPS
Citizens
Healthcare
Experts
cover
hospital
Why senior citizens require deductibles in health plans
₹10 lakh sum insured at a premium of ₹30,500. But when she renewed the policy a year later, the premium had jumped a whopping 57% to ₹48,000. “The insurer had warned us about the premium hike because of the age slab changes that happen when you turn 61 but I didn’t expect it to be this high," says Pathak.
25.01 / 17:25
Provident
FIVE
Citizens
Assurant
security
Features
rights
7 top investment schemes that save you taxes while yielding you decent returns
Reducing the tax load is a common priority for all taxpayers, as it's natural to seek ways to retain more of your well-earned income. Thankfully, there are several legal and ethical avenues to achieve this goal.
25.01 / 16:33
UPS
MET
Citizens
security
President
gatherings
Three MLAs 'beaten up, compelled' to take oath by Meitei group Arambai Tenggol at Imphal's Kangla Fort
ruling BJP, were “beaten up” and “compelled” to take an oath by radical armed Meitei group, Arambai Tenggol, at Kangla Fort in Imphal. Congress leader Jairam Ramesh stated in X, «The Indian National Congress strongly condemns the brutal physical assault on Manipur PCC President K.
25.01 / 16:19
UPS
Provident
Citizens
awards
wellness
shootings
Retired sportspersons to receive monthly Rs 1,000 from West Bengal Govt
Mamata Banerjee on Thursday announced that a special desk will be created to offer government jobs to sportspersons who have brought accolades to the state and were awarded by the state government. The state government also announced monthly Rs 1,000 to retired sportspersons. Sportspersons, who got awarded today, will submit their curriculum vitae at the desk and they will be provided jobs by the state government," Mamata Banerjee said, adding that necessary laws will be passed to facilitate these awarded sportspersons.
25.01 / 16:19
Citizens
Remark
country
reports
Investigations
International
"Pakistan will reap what it sows": India refutes Pakistan foreign ministry's assassinations claim
India's external affairs ministry on Thursday called Pakistan foreign ministry's assassination remark false and malicious in an official press release. In response to media queries regarding remarks made by Pakistan Foreign Ministry, the official Spokesperson, Randhir Jaiswal said, «We have seen media reports regarding certain remarks by Pakistan Foreign Secretary.
25.01 / 14:09
Citizens
President
Celebrity
performer
country
Equality
President Droupadi Murmu addresses nation on eve of Republic Day, speaks on Ram temple, ISRO missions
1. Droupadi Murmu said, “Tomorrow is the day when we celebrate the commencement of the Constitution. Its Preamble begins with the words “We, the People of India", highlighting the theme of the document, namely, democracy." “In India, the democratic system is much older than the concept of western democracy. That is the reason why India is called the “mother of democracy," she added.
25.01 / 11:27
Citizens
Election
country
information
reports
rights
How India has become the target of 'Mission Bailout Trudeau'
This could be another setback to India-Canada ties which deteriorated after Canadian Prime Minister Justin Trudeau accused India for the murder of Khalistani terrorist and a Canadian citizen Hardeep Nijjar in Vancouver last year, Many see targeting India as a meddler in elections as a ploy by the Trudeau government to deflect attention from the rampant Chinese interference which has been in favour of Trudeau's Liberal Party. China is known to infiltrate parliaments in many developed countries.
25.01 / 06:23
Citi
Citizens
BBC
beautiful
audience
inclusion
prevention
Ukrainian-born model wins Miss Japan 2024, sparks identity controversy
On Monday, Ukrainian-born model Carolina Shiino graciously accepted the Miss Japan 2024 title with tears in her eyes.
24.01 / 23:25
COST
Citizens
Assurant
Food
country
rights
EU Parliament's environmental committee supports relaxing rules on genetically modified plants
Lawmakers on the European Parliament’s environment committee are backing a proposal to relax rules on genetically modified plants produced using so-called new genomic techniques
24.01 / 23:23
markets
Citizens
Healthcare
pandemic
Experts
Universities
Vaccines
Alas: Behavioural science should never have become a catch-all term
Till the turn of the century, the term ‘psychology’ connoted any serious study of human behaviour. Maybe it is due to the importance that Behavioural Economics gained since Daniel Kahneman won the Nobel Prize for Economics in 2002 that the term to connote the systematic study of human behaviour has lately changed from ‘psychology’ to ‘Behavioural Science.’ I see many an organization using this term to denote its focus on the study of human behaviour. For some, the addition of the word ‘science’ adds heft to their attempts to bring scientific rigour to the study.
24.01 / 12:35
UPS
Citizens
BBC
performer
testing
Here's all about Shoaib Bashir – British Muslim of Pakistani descent who was denied Indian visa
ALSO READ: India Vs England: 'I feel for him honestly', says Rohit Sharma on Shoaib Bashir's visa row "I can't speak to the specifics of this case. But more broadly we have previously raised issues of this kind with the High Commission. We have been clear that we expect India to treat British citizens fairly at all times in its visa processes.
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