NEW DELHI: PM Narendra Modi will on Tuesday launch the expansion of health coverage for all senior citizens aged 70 years and above under the govt’s flagship Ayushman Bharat Pradhan Mantri Jan Arogya Yojana.In a post on X, Modi said, “Tomorrow, on Ayurveda Day at around 12:30 pm, important schemes relating to the healthcare sector…
NEW DELHI: The Group of Ministers (GoM) on Saturday decided to exempt the Goods and Services Tax (GST) on term life insurance premiums and health cover premiums paid by senior citizens, according to news agency PTI citing official sources.“GoM members are broadly on board for cutting rates on insurance premiums. A final decision will be…
NEW DELHI: The enrolment of senior citizens aged 70 and above, irrespective of income, under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) will begin in a week’s time, govt sources have confirmed.Initially, the sources said, enrolment will be carried out on a pilot basis in selected locations and then it will be expanded…
Highest Fixed Deposit Interest Rates: Fixed deposits (FDs) offered by banks are secure and interest-generating investment options. With FDs, you can expect a guaranteed return on your invested funds, which remain unaffected by market fluctuations. This is the reason that FDs are a go to investment option for most risk averse investors.Interest rates for fixed…
NEW DELHI/MUMBAI: Finance minister Nirmala Sitharaman on Monday nudged state-run banks to step up deposit mobilisation and conduct special drives so that it can keep pace with the growth in loans.The minister’s comments at a meeting with public sector bank chiefs came amid data by SBI Research suggesting that bank deposits, traditionally favoured for their…
Money changes in May 2024: Major banks like Yes Bank and ICICI Bank have changed some of their savings bank account fees and credit card rules, starting from May 1, 2024. Additionally, HDFC Bank’s special fixed deposit for senior citizens has a deadline of May 10, 2024. As per an ET report, here are the…
Indian commercial banks are considering using iris scans for transaction verification, especially for senior citizens, due to reliability issues with fingerprints and thumb impressions. Discussions are ongoing with the Reserve Bank of India and other stakeholders regarding implementation challenges and cybersecurity concerns. Source link
The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide…
Fixed Deposit Interest Rates: Fixed deposits (FDs) offer a secure avenue for investment, particularly favored by risk-averse individuals and senior citizens. Recently, several top banks have raised their FD interest rates, with some offering up to 8.1% on 1-3 year tenures, making them an attractive option for those seeking stable returns.What is a Fixed deposit?You…
