FCNR (B) Deposits: Eligibility, Interest, Tax Rules, And Premature Withdrawal Explained
FCNR (B) deposits allow eligible non-residents to keep fixed deposits in foreign currency in India without converting their savings into rupees
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Japan’s 10-Year Bond Yield Surges Past 30-Year Peak: Why Uday Kotak Is Cautioning Investors Of A 'Roller Coaster Ride'
Commenting on the rise in bond yields in Japan and the US, Uday Kotak, chairperson of Kotak Securities, has cautioned investors to be ready for a ‘roller coaster ride’
Rajasthan Police Organises Month-Long Cybercrime Awareness Campaign To Educate Elderly Against Fraud
As cybercrime incidents are rising, the Rajasthan Police has launched a month-long campaign to spread awareness among people, particularly senior citizens, to tell them of ways to stay protected against cybercrime
From the 2008 global financial crisis to the latest US-Iran conflict, Nifty 50 has recovered from every major bout of FPI panic selling
Retirement Age Hike For District Judges: Which States Have Approved It And Which Haven’t?
The Supreme Court has given two weeks to states to hear the matter regarding the retirement age hike for judicial officials from 60 years to 61 or 62 years
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The proceedings dropped by Sebi in its latest order originated from a show cause notice (SCN) issued in October 2024. The notice was issued following a probe into share transactions between Max Financial, Max Life, and Axis Bank between the financial year 2009 to 2022
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Calculate & Plan your future with ICICI Prudential Life's retirement calculator
FCNR (B) deposits allow eligible non-residents to keep fixed deposits in foreign currency in India without converting their savings into rupees
Gen Z’s global spending is expected to overtake Baby Boomers by 2029, with its growing income and value-conscious behaviour reshaping how brands approach consumers
A dedicated grievance category lets taxpayers report corruption or harassment involving officers, but confidentiality, independent scrutiny, and time-bound action will decide whether it earns trust
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Crises In The Making
India is in the midst of a major flux, and faces challenges at two opposite ends of the generation spectrum. The first is shrinking job opportunities for the youth and the second is the estimated boom in senior citizen population
The Best Health Insurance Strategy For Seniors
Health insurance is the first defence against medical expenses in old age. Though high premiums and exclusions are a challenge for seniors, opting for certain combinations and making small adjustments can sweeten the deal. But never trade off comprehensive coverage for lower premiums
The Financial Burden Of Health Issues
In India, most senior citizens are dependent on their family or other for maintenance as the large part of the population does not access any form of pension (see High Dependency Among Seniors). At the same time, many of them suffer from chronic diseases, whose treatment can be costly and unaffordable for the dependent segment (see Threat Of Chronic Diseases). Lack of health insurance and non-hospitalisation expenses (which are, typically not covered by standard health policies) are resulting in high out-of-pocket expenditure and contributing to high indebtedness (see Lack Of Cover Leads To Indebtedness).
Is Ayushman Bharat Yojana A Complete Solution In Itself?
The Ayushman Bharat Yojana provides a cover of Rs 5 lakh to those above 70 years, irrespective of their health condition and socio-economic background, but that solves only part of the affordability problem
We Need To Move From Products To Solutions For Seniors, Says Vibha Padalkar
Vibha Padalkar, MD and CEO of HDFC Life Insurance, talks about why insurance penetration is still low in India, why seniors end up buying the wrong insurance product, the innovations we can expect in the future and how frequent regulatory changes can deter the flow of foreign money in the industry. Edited excerpts from an interview with Nidhi Sinha, Editor, Outlook Money
The Supreme Court has given two weeks to states to hear the matter regarding the retirement age hike for judicial officials from 60 years to 61 or 62 years
