Citizens Financial News

Chinese embassy and consulates in India will continue to provide consular protection and assistance to the individuals concerned in accordance with the law," Chinese foreign ministry spokesperson Mao Ning said. Mao Ning added that China expects a fair, just, transparent, and non-discriminatory business environment from India.

₹2 crore and above to less than Rs.10 crore) with effect from 1st December, 2023. Bank of India has increased its fixed deposit rates for shorter periods i.e. “46 days to 90 days" tenure to 5.25%, “91 days to 179 days" tenure to 6.00%, for “180 days to 210 days" tenure to 6.25%, for “211 days to less than 1 Year" tenure to 6.50% and for “1 Year" tenure to 7.25% p.a.

Investment options offering fixed returns are quite popular among investors who wish to growth their money without taking risks associated with market fluctuations. Fixed Deposits (FDs) and Recurring Deposits (RDs) are the two such products. These are popular investment options offered by banks and financial institutions, with their own set of features and benefits. However, before making any investment, understanding the difference between the two can help in taking an informed decision based on one’s financial goals and preferences.

choosing a bank based on a number of factors which include rate of interest they offer, customer-friendly services they provide and the word-of-mouth feedback. Besides large commercial banks, small finance banks also offer good interest rate on their fixed deposits. Here, we give a lowdown on small finance banks which offer an interest in the range upward of 8 percent per annum.

By Alexander Tanas

(Reuters) — A drone launched from Iran struck a chemical tanker in the Indian ocean early on Saturday, the U.S. Department of Defense said.

Health insurance of seniors As individuals age, the need for comprehensive health coverage becomes critical. It serves as a financial safeguard, providing access to quality healthcare without imposing a financial burden on the family.

rapport built by the Narendra Modi government with other countries after coming to power in 2014 helped in building ties and also in rescue operations abroad, Union minister General V K Singh (retd) said here on Sunday. Speaking at the Sagar Manthan conclave organised by Panchjanya magazine in south Goa, Singh referred to various rescue operations carried out by India in war zones to bring back its citizens. He said, unlike its predecessors, the Modi government sent delegations to the UN-affiliated countries in various regions, a move that helped change their perception of India.

Aam Aadmi Party's 'Mai Bhi Kejriwal' campaign will continue till December 30 and public meetings will be held from January 4 to 7, party's Delhi convener Gopal Rai said on Sunday. Speaking at a press conference, Rai claimed the people of Delhi are furious over «conspiracies being hatched by the Modi government» against Chief Minister Arvind Kejriwal. Under the 'Mai Bhi Kejriwal' campaign, the AAP has been seeking people's feedback on whether Kejriwal should resign as Delhi chief minister if he is arrested by the Enforcement Directorate (ED).

French judges on Sunday began questioning the 303 passengers, mostly Indians, of a Nicaragua-bound flight detained by French authorities at Vatry airport, 150 km east of Paris, since Thursday over suspected "human trafficking", according to local media reports. «The judges have the authority to extend the detention order being used by border police by eight days initially and for another eight if required. They have two days to complete speaking to the passengers.

Union Minister of State for Tourism Shripad Naik on Sunday said citizens and the tourism industry need not worry about the latest wave of COVID-19, as the country has fought the disease in the past. The minister was speaking at the 'Sagar Manthan 2.0' event organised by the weekly magazine 'Panchjanya' in South Goa.

BJP) is making preparations to fulfill another long-standing promise as it gears up for the 2024 Lok Sabha elections. The party has consistently included the implementation of the Uniform Civil Code (UCC) in its election manifestos, alongside the successful construction of the Ram temple in Ayodhya and the nullification of Article 370. According to TOI sources, the Uttarakhand government is set to implement the UCC in January, and its draft will serve as a blueprint for the rest of the country.

Jaishankar said while speaking at an event in Chennai. He pointed out that the Overseas Citizenship of India (OCI) drive is a step towards meeting the demand, however, the debate is still alive, as reported by Hindustan Times. Dual or multiple citizenship grants an individual legal status as a citizen of two or more countries simultaneously.

Chief Election Commissioner and other Election Commissioners (appointment, conditions of service and term of office) Bill, 2023, passed by Parliament fills a gap that parties, jurists, and activists often mentioned. It sets out a selection committee consisting of the prime minister, leader of the opposition in the Lok Sabha and a cabinet minister to recommend the names of CEC and ECs for appointment by the President. A designated search committee, headed by the Union law minister, will prepare a panel for consideration by the selection committee.

2011 order of the CIC that directed the disclosure of the opinion given to the Centre by the then Solicitor General of India in 2007 in various cases filed by the Cellular Operators Association of India on the allotment of 2G Spectrums. The court held that such information was exempted under the provisions of the Right to Information (RTI) Act except when there are «weighty reasons» to support that its disclosure is in public interest.

Bollywood has created a mythical version of Punjab that’s all unending mustard fields, water flowing through canals, homes where elderly ‘beeji’ and ‘bauji’s word is law, brothers live happily with brothers, their wives make gigantic glasses of lassi and alu ke parathe and gajar ka halwa… Don’t forget that omnipresent tractor in the big courtyard of their ‘khandani’ haveli, and the one gurudwara that looks after the rest of the ‘pind’…

Congress has formed a manifesto committee for the Lok Sabha Election 2024. Senior leader P. Chidambaram will chair the committee.

Argentina’s newly elected leader, Javier Miliei, has struck down forced legal tender laws forcing Argentinians to settle debt obligations in specific currencies, enabling use of alternatives like USD and Bitcoin (BTC).

Narendra Modi's call for a "wed in India" movement, the Union Tourism Ministry is gearing up to launch a new campaign, «India says I do», on a large scale for not only encouraging affluent Indian families to host weddings within the country but also to draw foreign couples to tie the knot on Indian soil, a TOI report stated. According to a report by KPMG, the Indian wedding market was estimated to generate Rs 3-4 lakh crore annually a few years ago, and the current figures are believed to be even higher. A considerable portion of this spending occurs during lavish destination weddings held abroad. Confederation of All India Traders (CAIT) had predicted a staggering expenditure of Rs 4.7 lakh crore on 38 lakh weddings during the period from November 23 to December 15, marking a 25 per cent increase from the previous year.

sovereign gold bonds (SGBs), considered suitable for risk-averse senior citizens who prioritize assured regular income and minimal capital risk. The past eight years have proven to be notably favourable for SGBs, showcasing their capacity for providing both consistent income and capital appreciation. Let’s delve into a detailed examination of their performance: Average annual return: Over the past eight years, SGBs have yielded an average annual return of approximately 13.7%.

A number of upset travellers have traded in their swimsuits for snow gear after their sunny Bahamas-bound cruise was rerouted to more frigid temperatures in New England and Canada.