Senior Citizens

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Senior Citizens - Total results - 33
ICICI Bank offers interest rate of 6.55% to senior citizens, 80 bps more than general public
Business

ICICI Bank offers interest rate of 6.55% to senior citizens, 80 bps more than general public

Private lender ICICI Bank on Thursday announced a fixed deposit product with an enhanced interest rate offering of 0.80 percentage point for senior citizens

Govt extends social security scheme for senior citizens till March 2023; rate of return reduces to 7.4% for FY21
Business

Govt extends social security scheme for senior citizens till March 2023; rate of return reduces to 7.4% for FY21

The government on Wednesday fixed the annual rate of return for Pradhan Mantri Vaya Vandana Yojana (PMVVY), a social security scheme for senior citizens, at 7.4 percent for 2020-21, down from 8 percent in the previous fiscal, as it extended the scheme by three years

SBI cuts lending rate by 15 basis points across all tenors; introduces new term deposit scheme for senior citizens
Business

SBI cuts lending rate by 15 basis points across all tenors; introduces new term deposit scheme for senior citizens

SBI has also cut interest rates on retail term deposit by 20 bps for upto 3-year tenor, effective from 12 May.

K Chandrasekar Rao's TRS fulfils electoral promise, Telangana doubles social security pension for senior citizens and widows
India

K Chandrasekar Rao's TRS fulfils electoral promise, Telangana doubles social security pension for senior citizens and widows

The Telangana government decided to double the social security pension provided to various sections, including senior citizens, widows, persons with disabilities and beedi workers.

Indian Railways urges passengers to give up rail ticket subsidy if they don't need it; nationwide awareness campaign planned
India

Indian Railways urges passengers to give up rail ticket subsidy if they don't need it; nationwide awareness campaign planned

Not many consumers are probably aware that just like the option of giving up LPG subsidy, they also have the option of giving up their rail ticket subsidy

Supreme Court bats for rights of elderly, directs Centre to increase pension and set up old age homes
India

Supreme Court bats for rights of elderly, directs Centre to increase pension and set up old age homes

The Supreme Court of India made some poignant observations on the plight of elderly.

Maharashtra government asks state police to develop GPS-based emergency alert system for senior citizens
India

Maharashtra government asks state police to develop GPS-based emergency alert system for senior citizens

Apart from the emergency alert mechanism, the Maharashtra police have also been told to set in place a senior citizens' helpline in all districts and commissionerates.

Money management alert: Midcourse withdrawals from retirement funds a sub-optimal solution for midlife blues
Business

Money management alert: Midcourse withdrawals from retirement funds a sub-optimal solution for midlife blues

A suitable amendment in the law would be conducive to checking one's tendency to dip into one’s retirement funds at the drop of a hat.

Adivasis, Dalits, Muslims have lowest mean age of death among Indians, reveals new report
India

Adivasis, Dalits, Muslims have lowest mean age of death among Indians, reveals new report

At 43 years, the mean age of death for adivasis (scheduled tribes or STs) was the lowest, meaning they were more likely to die before other Indians, according to a new paper.

Supreme Court should consider Indian senior citizens' right to die with dignity, go beyond medical reasons
India

Supreme Court should consider Indian senior citizens' right to die with dignity, go beyond medical reasons

Given the collapse of the large Indian family and the known fact that most senior citizens are treated badly, the Supreme Court should consider extending the right to die with dignity to the elderly

Arun Jaitley's bonanza for senior citizens poses a dilemma, FD or SB interest?
Business

Arun Jaitley's bonanza for senior citizens poses a dilemma, FD or SB interest?

The new tax benefit is, however, going to make senior citizens more wanted.

Budget 2018: Arun Jaitley hikes exemption limit on interest income for senior citizens to Rs 50 k annually
Business

Budget 2018: Arun Jaitley hikes exemption limit on interest income for senior citizens to Rs 50 k annually

Announcing benefits for senior citizens, Arun Jaitley said exemption limit on income from interest for them has been raised five times to Rs 50,000 per year

Remove 'bail-in' clause in FRDI Bill as deposits only way of saving money for elderly, pensioners: Assocham
Business

Remove 'bail-in' clause in FRDI Bill as deposits only way of saving money for elderly, pensioners: Assocham

Assocham Secretary General D S Rawat says bail-in concept especially for depositors should be completely done away with

Senior citizens put themselves back in job market, employers should focus on this growing social need
Business

Senior citizens put themselves back in job market, employers should focus on this growing social need

Senior citizens are increasingly looking at work options post-retirement to keep themselves financially independent and productive. Are employers listening to this growing social need?

Railways rolls back need for Aadhaar card for senior citizen's concessional tickets
News & Analysis

Railways rolls back need for Aadhaar card for senior citizen's concessional tickets

The Aadhaar-based ticketing system for the railways has been withdrawn with immediate effect.

Increase in crimes against senior citizens in Chennai forces them to shift to retirement homes
India

Increase in crimes against senior citizens in Chennai forces them to shift to retirement homes

Crime statistics, along with regular media reports of crimes against senior citizens has resulted in many senior citizens feeling unsafe in Chennai and Tamil Nadu.

Meet Pushpaben, who took on Mumbai con men and became 'Daredevil Daadi'
India

Meet Pushpaben, who took on Mumbai con men and became 'Daredevil Daadi'

The 81-year-old Pushpaben Bhalla thrashed a con man with his walking stick, and became a role model for courage in times of danger.

Facebook's fastest growing community are senior citizens
News & Analysis

Facebook's fastest growing community are senior citizens

Researches show that Facebook's largest growing demographic is made up of senior citizens, who use the site for the same reason the youngsters do

Budget 2016: Give more exemptions, deductions for salaried class & senior citizens
Business

Budget 2016: Give more exemptions, deductions for salaried class & senior citizens

Although there is a higher limit of deduction for senior citizens for medical insurance but for the day to day medical needs there is no deduction