Citizens Financial News

Delhi Environment Minister, Gopal Rai, on Sunday appealed to the people of Delhi and its adjacent areas to not burst firecrackers and make it difficult for people to breathe during the festival of Diwali. The environment minister urged the people to instead celebrate the festival in a grand manner by lighting earthen lamps (diyas). «I appeal to people in Delhi and nearby areas of Delhi.

cybersecurity incidents. Who is behind the alarming spate of personal data breaches, and what drives their motivation? Several high-profile breaches have come to light, exposing the personal information of thousands of individuals. The incidents have targeted a range of sectors, including banking, healthcare, and ecommerce, raising concerns about the vulnerability of sensitive data in the digital age.

child's development beginning from the incubation period. Father's Day is celebrated on the second Sunday of November in Finland. This year Father's Day will be celebrated today on, November 12, which is an established flag flying day.

Narendra Modi extended greetings to the citizens on the occasion of the Diwali festival on Sunay. The PM wrote, “Wishing everyone a Happy Diwali! May this special festival bring joy, prosperity and wonderful health to everyone’s lives." According to a report by Dainik Bhaskar, PM Modi will be celebrating Diwali with soldiers in Jammu on Sunday.

Hamed Esmaeilion has to watch his back wherever he goes — unable to escape the oppressive and violent regime that rules his homeland of Iran, even when he’s in Canada.

PTI reported. Currently, the government offers nine types of small saving schemes. In the case of PPF, the notification has made some changes about the premature closure of accounts.

SCSS), Public Provident Fund (PPF) and 5-year post office time deposit. Here is a look at the changes made to these small savings schemes.

Investing.com — The Dow rallied to notch second-straight weekly win Friday as big tech led a rebound in stocks following a wobble a day earlier when Fed chair Jerome Powell's reminder that rate hikes aren't over rattled markets.

India flagged its concerns at the '2+2' foreign and defence ministerial meeting. «We have made our concerns very very clear,» Foreign Secretary Vinay Kwatra said at a media briefing. The American delegation at the '2+2' ministerial dialogue talks was led by US Secretary of State Antony Blinken and US Defence Secretary Lloyd Austin while External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh headed the Indian side. «We have core security concerns and I am sure you are all aware of recent video that has surfaced from one such individual,» Kwatra said adding the US side understood New Delhi's concerns. The ties between India and Canada came under severe strain following Canadian Prime Minister Justin Trudeau's allegations in September over the killing of Khalistani separatist Hardeep Singh Nijjar in June in the Canadian town of Surrey. Days after Trudeau's allegations, India temporarily suspended issuance of visas to Canadian citizens and asked Ottawa to downsize its diplomatic presence in the country to ensure parity. Canada has already withdrawn 41 diplomats and their family members from India. India has already resumed some of the visa services.

Investing.com -- U.S. stock futures were mixed heading into the final day of trading this week, as investors eyed Treasury yield moves and gauged the path ahead for interest rates following a closely-watched statement from Federal Reserve Chair Jerome Powell. Elsewhere, trade in the U.S. Treasury market is disrupted by a cyberattack on China's largest commercial lender by assets, while Apple (NASDAQ:AAPL) agrees to pay out a $25 million settlement over claims regarding its U.S. immigrant hiring practices.

By MAJ GEN JAGATBIR SINGH, VSM ( RETD)

If a deposit in a five-year account is withdrawn prematurely after four years from the date of account opening, interest at the Post Office Savings Account rate of 4%. 7 changes in Senior Citizens Savings Scheme rules:More people can invest, more time for retirees, stricter penalty Premature closure of account No deposit may be withdrawn before six months have passed from the date of deposit. If a deposit in a one-year, two-year, three-year, or five-year account is withdrawn prematurely after six months but before the expiry of one year from the date of deposit, interest at the rate applicable to Post Office Savings Account for the completed months is payable to the account holder. New PPF rule: Interest calculation on premature closure of PPF account changed When a deposit in a two-year or three-year account is withdrawn prematurely after one year from the date of deposit, interest on such deposit is payable to the account holder for the completed years and months beginning on the date of deposit and ending on the date of withdrawal, and such interest is calculated at a rate that is two percentage points less than the rate specified for a deposit of one or two years, as the case may be. Change in interest rate calculation If a deposit in a five-year account is withdrawn prematurely after four years from the date of account opening, interest at the rate applicable to Post Office Savings Accounts is payable. It means that on premature withdrawal, interest of post office savings account that is 4% will be paid. Earlier interest rate calculation If a five-year time deposit account is closed after four years from the date of deposit, the rate applicable to three-year time deposit accounts will be used to calculate

Canada, Melanie Joly, has said that she is in close contact with her Indian counterpart, S Jaishankar, adding that it is a difficult moment in relationship between the two nations that has spanned decades. Melanie Joly held a virtual news conference on Thursday to discuss her participation in the recent G7 foreign ministers' meeting, which took place in Tokyo. During the conference, Joly discussed Canada's diplomatic standoff with India, especially at a time when relations between the two countries remain strained. She said, «When it comes to India, I have mentioned it many times...I am in close contact with my counterpart, S Jaishankar, and we know this is a difficult moment in a relationship that spanned decades, so therefore I am confident that we will be able to get through this difficult period, as we know that we have many interests also that we can work together in common.» Highlighting the issue of 41 Canadian diplomats withdrawn from India, she stated that Canadian diplomats had to leave India because their immunities were taken back. «Of course we talk about our relationship within the Indo-Pacific with all our friends and like-minded...and of course...we are preoccupied by Induia's decision to get rid of the diplomatic immunities of 41 of our Canadian diplomats which put their safety at risk,» she said. «And, we are happy to see that there is clear language in the declaration (G7 declaration) reaffirming the importance of the Vienna Convention and the diplomatic immunities that are part of this,» she added. On being asked by the reporters if the dispute is settled now, the Canadian Foreign Minister added by saying, «Well, first and foremost, I have said it many times that Canadian diplomats had to leave

US Secretary of Defense Lloyd Austin will join Blinken in talks with India's foreign minister S Jaishankar and defence minister Rajnath Singh. The annual dialogue is expected to focus on "defence and security cooperation", the report added. Overall, the discussions are expected to cover a range of issues, including the ongoing border dispute with China, Russia's invasion of Ukraine, and the challenge posed by the conflict in Gaza to key trade and transport routes linking Europe, the Middle East, and India.

Apple did not recruit U.S. citizens or permanent residents for jobs that were eligible for a federal program allowing employers to sponsor immigrant workers for green cards, in violation of a federal law that bars discrimination based on citizenship.

Living life at least partly online is a fact of modern living, but while the youngest Americans are typically tech-savvy with high levels of digital literacy, the oldest cohort is more vulnerable to cybercrimes.

Benjamin Netanyahu and Hamas fighters from Palestine's Gaza. India's Prime Minister Narendra Modi has on two separate instances also sought an early resolution to the war. Ministry of External Affairs spokesperson Arindam Bagchi on Thursday informed that India reiterated their call urging the "parties to de-escalate, eschew violence and work towards creating conditions for an early resumption of direct peace negotiations towards a two-state solution".

pollution. The distinction has been in the ability to respond to it. The scale of damage to quality of life and life itself in our dirty cities is hard to exaggerate.

(This story originally appeared in on Nov 09, 2023)

Fixed deposits (FDs) are a favoured investment option among senior citizens for a variety of compelling reasons. Considering how continued market upheavals have left many investors, especially, senior citizens deciding between equities and debt instruments, many of them are now looking forward to earning from high-yield FDs issued by small finance banks (SFBs) that have helped many to gain high returns that not only help beat inflation but amass on more wealth for the remaining years of their lives. It’s not widely recognized that SFBs fall under the regulatory authority of the Reserve Bank of India (RBI).

My father bought a house in Mohali in 1986. The how has now been transferred to me and my brother after the death of my parents. My brother lives in India and I am a Citizen of Canada since 2008. Now we are selling that property. Do I have to pay tax on that sale and How much?