SENIOR CITIZENS SAVINGS SCHEME

Manager who was about to be fired turned potential layoff into promotion: ‘Instead of updating resume he…’

A Gurgaon tech manager faced termination but presented a fake AI product saving the company crores. This led to a promotion instead of a layoff. Six months later, the fraud was revealed. He lost his job but received a substantial severance package. The incident highlights how compelling narratives can sometimes overshadow tangible results in the corporate world.

Senior citizens FD interest rates up to 8.3%: SBI, HDFC Bank, PNB, ICICI Bank, Axis Bank and more

Highest FD interest rate: Senior citizens seeking lucrative returns on their savings can now explore attractive fixed deposit options. Small finance banks like Unity SFB and Shivalik SFB are leading the pack, offering an impressive 8.3% interest rate on FDs for this demographic. This presents a significant opportunity for retirees to boost their earnings.

5 small savings schemes offering up to 8.2% interest rate in 2026: SCSS, PPF, NSC and more

Small savings schemes, popular for conservative investors, will retain their interest rates for the April-June 2026 quarter, offering returns up to 8.2% per annum. Schemes like SCSS and SSA provide attractive rates, while NSC, MIS, and PPF offer stable returns with tax benefits for long-term wealth creation.

India has emerged as world's 3rd-largest domestic aviation market, says Delhi CM

Delhi CM Rekha Gupta highlighted India's infrastructure and digital growth, noting the metro rail network's expansion to 26 cities and increased operational airports. She also honored individuals for their bravery during recent tragedies in Malviya Nagar and Saket, announcing ex-gratia payments for victims' families.

PNB, Ujjivan raise FCNR deposit rates

Punjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move follows the RBI's announcement of a foreign currency swap window. Bank of Baroda has also introduced a new retail term deposit scheme for resident Indians. These initiatives aim to attract foreign capital and offer attractive returns to depositors.

PPF, SCSS and NSC have outperformed equity in last 2 years, but should you write off equities?

Small savings schemes vs Nifty indices: While equities have shown muted returns recently, small savings schemes have offered stable returns of up to 8.2%. Despite short-term volatility in indices like Nifty 100 and Nifty Midcap 150, small savings schemes provide a reliable option for conservative investors. Equities, however, offer superior long-term wealth creation potential for those with a higher risk tolerance and a longer investment horizon.

FD interest rates up to 7.80%: These 2 banks have increased fixed deposit rates on select tenures; investors to earn more

HIghest FD interest rates: Unity Small Finance Bank and AU Small Finance Bank have revised their fixed deposit interest rates, offering enhanced returns for depositors. Unity Bank now provides 7.80% for general investors and 8.30% for senior citizens on its 501-day FD. AU Small Finance Bank has increased its 30-month FD rate to 7.40% for general customers and 7.90% for seniors.

India's healthcare transformed in 12 years under PM Modi: Report

India's healthcare sector has seen a major transformation over the last 12 years. Health insurance coverage has expanded significantly. Maternal and child healthcare has improved. Medical infrastructure has seen a substantial increase. The government has focused on making healthcare accessible and affordable for all citizens.

Retirement planning: 7 golden rules you must consider for easy retirement

Retirement planning should focus on generating sustainable income while ensuring the corpus lasts throughout life. Key factors include accounting for inflation, healthcare costs, liabilities, and lifestyle needs. Maintaining a balanced asset mix with some equity exposure for growth and gradually increasing debt allocation with age can provide liquidity and stability.

Rs 1.50 lakh/month income from Rs 1.5 crore corpus? Easy retirement strategies explained

Retiring with Rs 1.5 cr can provide a monthly income, but the amount depends on risk appetite and investment returns. Experts suggest withdrawal rates between 4.5% and 6.5% annually, with potential monthly incomes ranging from Rs 70,000 to Rs 1.2 lakh. A bucket strategy is recommended for managing immediate needs and long-term growth.

Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when needed

Employees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This government-backed benefit protects families in case of an EPF member's death during service. Eligibility requires active EPF membership and employer contributions. Claims are processed by EPFO, with updated nominations expediting the procedure.

These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analysts

If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these stocks under pressure at periodic intervals. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.

Highest FD interest rates of 5 major banks: SBI, PNB, HDFC Bank, ICICI Bank and Bank of Baroda

Despite the RBI maintaining the repo rate at 5.25%, major banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are offering competitive fixed deposit interest rates. These attractive rates, particularly for senior citizens, vary across different tenures, with some reaching up to 7.1%.

8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revision

Retired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and increments to combat inflation. The association seeks improved allowances, welfare benefits, and retirement provisions.

SCSS calculator: Rs 20,000 monthly income for senior citizens; check investment required

Best tax saving mutual funds or ELSS to invest in June 2026

Taxpayers can save income tax up to Rs 1.5 lakh annually by investing in Equity Linked Savings Schemes (ELSS). These tax-saving mutual funds offer potential for higher returns over the long term and have a shorter three-year lock-in period compared to other 80C options. Investors should be aware of the inherent risks associated with equity investments.

Gadkari announces ₹25,000 reward for Rah-Veers, ₹1.5L cashless treatment for accident victims

'Rahveers' to get Rs 25,000 reward: Nitin Gadkari announces new road safety schemes

To encourage immediate public intervention, the Ministry is introducing the "Rahveer" initiative. "If people step in to rush these 50,000 individuals to the hospital, their lives can be saved; we call such lifesavers 'Rahveers', and we will award the rescuer Rs 25,000," Gadkari explained.

West Bengal set to become 36th State/UT to implement Ayushman Bharat Pradhan Mantri Jan Arogya Yojana

West Bengal is set to join the Ayushman Bharat PM-JAY scheme on June 8, marking a significant step towards universal health coverage. The state will sign an MoU with the National Health Authority, becoming the 36th to implement the world's largest publicly funded health assurance scheme.

Rs 20,000 monthly income from SCSS: How senior citizens can earn regular interest income for at least 5 years

The Senior Citizens Savings Scheme (SCSS) offers a stable 8.2% annual interest rate, ideal for retirees seeking predictable income. To earn Rs 20,000 monthly, an investment of approximately Rs 29.30 lakh is required, well within the Rs 30 lakh maximum limit. Interest is paid quarterly, and investments qualify for Section 80C tax benefits under the old tax regime.

Differential deposit rates permitted but must be transparent, says RBI Governor amid HDFC Bank row

The Reserve Bank of India permits banks to offer different interest rates on deposits. These rates must be transparent and follow specific rules. This comes after allegations that HDFC Bank routed differential interest payments to a state agency through its marketing budget. HDFC Bank has denied these claims, stating its internal controls are strong.

RBI MPC Meeting 2026: Will FD interest rates increase as RBI holds repo rate?

Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a high deposit-credit ratio, and attractive small savings schemes are pushing banks to offer better returns to attract investors after a period of low FD rates.

Karnataka to set up NRI, public grievance departments; eyes overseas investments

Karnataka is establishing new departments for Non-Resident Indians and public grievances. Chief Minister DK Shivakumar aims to boost NRI investments and resolve citizen complaints. Corporate Social Responsibility funds will support education and healthcare initiatives. The government is also reviewing welfare schemes like Gruha Jyothi and Gruha Lakshmi to prevent misuse and ensure benefits reach eligible recipients across the state.