BENEFICIARY
Social Security benefits cut: One move can prevent beneficiaries losing out 22 per cent, here are details
US lawmakers will need to ensure that Social Security benefits and the annual cost-of-living adjustment (CoLA) should not be curtailed.
Amit Shah to inaugurate, lay foundation stones for projects worth Rs 1,024 crore in Gujarat
Key projects being unveiled include a major flyover on the busy Sarkhej-Gandhinagar (SG) Highway, the Jodhpur Knowledge Hub, and an Urban Health Centre in Gota, along with housing allotment initiatives for Economically Weaker Section (EWS) beneficiaries.
BDA projects on agenda as CM Shivakumar to review Bengaluru infrastructure plans on Monday
Chief Minister DK Shivakumar will conduct a review meeting focusing on key projects of the Bangalore Development Authority. Plans will include addressing traffic congestion and resolving longstanding issues related to residential sites and housing. The meeting aims to assess major infrastructure projects and set timelines for their completion. New initiatives and decisions from the BDA are expected to be announced after the review.
Social Security benefits at risk in 2032: Will 35 new Senators prevent a 22% cut?
Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to run out of reserves. Thirty-five newly elected senators will have to confront the funding challenge, with proposals ranging from raising payroll tax limits on high earners to changing how retirement funds are invested.
Rahul Gandhi calls SIR a ‘conspiracy’, alleges voter deletions could deny people welfare benefits
Rahul Gandhi has accused the BJP-led Centre of using the Special Intensive Revision (SIR) of electoral rolls to deprive people opposed to the ruling party of voting rights and access to welfare schemes. His criticism followed Union minister Lalan Singh's remarks on identifying scheme beneficiaries through voter ID details.
Centre releases Rs 1.09 lakh crore to states five days early, UP gets biggest share
The Centre has released Rs 1.09 lakh crore to state governments as tax devolution, advancing the November instalment by five days to support capital expenditure and welfare commitments. Uttar Pradesh received the largest allocation at Rs 19,208 crore, followed by Bihar and Madhya Pradesh. November's total transfer stands at Rs 2.18 lakh crore.
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Welfare pay can't be voter ID-linked
Union panchayati raj minister Rajiv Ranjan Singh announced plans to replace Aadhaar with voter ID numbers for welfare programs. This change would shift the basis for beneficiary identification and payment processing. Critics argue that voter ID is not a universal form of identification and is tied to electoral registration. The proposed switch raises concerns about access for those not on electoral rolls.
Michael Jackson vs Elvis Presley: Which estate earned more after their deaths?
Michael Jackson’s business interests generated an estimated $140 million in the latest annual earnings ranking, well ahead of Elvis Presley’s $75 million. The success of Jackson’s billion-dollar biopic helped boost his earnings, while Presley continues to make money through Graceland, music and licensing.
Jairam Ramesh questions Centre over reported proposal to replace Aadhaar with Voter ID for welfare schemes
Jairam Ramesh has voiced serious concerns about the government's initiative to utilize Voter ID for welfare programmes, suggesting that this could undermine the intended functions of Aadhaar. He highlighted that several beneficiaries have already encountered hardship under Aadhaar's system. Ramesh cautioned that adopting Voter ID instead might worsen the challenges surrounding access to essential benefits and amplify debates on electoral integrity and citizens' rights in India.
Centre issues advisory to states to boost fodder production, livestock infra under VB-G RAM G
The Centre has issued an advisory to states and Union territories to improve fodder security and livestock infrastructure. This advisory promotes convergence under the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission Act, 2025. It identifies 22 permissible works supporting fodder cultivation, livestock shelters, and veterinary health facilities. States are encouraged to increase expenditure on these works while aligning with local development priorities.
Sony posts 45% Q2 profit rise on movies, games boost
Contributors to the stronger performance, which led the Japanese entertainment and technology conglomerate to hike its full-year profit outlook by 9%, included the hit movie "Spider-Man: Brand New Day".
Voter ID to replace Aadhaar for welfare schemes and benefits? BJP government's plan sparks row
The Centre plans to require voter ID numbers and biometric authentication for welfare benefits. This proposal has sparked criticism from the CPI(M), which claims it could exclude vulnerable individuals from essential government schemes. Critics argue that many rural residents lack access to necessary technology, thereby hindering their ability to receive benefits.
HDFC Bank's Parivartan bolsters agricultural livelihoods in Kashmir through market linkages
As part of its Corporate Social Responsibility initiative, HDFC Bank has taken initiatives to boost agricultural productivity in the Kashmir region. This program has successfully raised revenues for local Farmer Producer Organisations, including one that reached Rs 1.4 crore. Farmers are receiving training to process and market their goods effectively, creating direct sales links for improved pricing.
Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore support
The Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative supports both hydro pumped storage and battery energy storage systems aimed at accelerating renewable energy. Additionally, a scheme has been approved for processing critical minerals like lithium and nickel to reduce import dependency. The government aims to modernize its statistical system with a ₹4,371.10 crore scheme.
Ahead of Diwali, Gujarat govt hikes DA by 3% for employees, pensioners
The Gujarat government has announced a 3% Dearness Allowance hike for 4.62 lakh serving employees and 5.07 lakh pensioners ahead of Diwali. Effective from July 1, 2026, the increase will bring four months of arrears with November salaries and pensions, costing the state Rs 523 crore in arrears.
Social Security benefits warning: Will retirees lose $500 a month when the retirement trust fund runs out in 2032? What the latest forecast means for your monthly checks
The Social Security retirement fund is projected to exhaust its reserves by the end of 2032 without any legislative intervention. If changes are not made, monthly benefits for retirees might face substantial reductions, estimated between 22% and 26%. This impending decline is attributed to demographic shifts like an increasing elderly population and dwindling birth rates. Lawmakers have a limited timeframe to tackle these pressing issues before retirees experience significant cuts.
Michael Douglas did not inherit his father's fortune. Why Kirk Douglas chose philanthropy over family inheritance
Hollywood legend Kirk Douglas reportedly left $50 million of his estimated $61 million fortune to charity instead of passing it on to his son, actor Michael Douglas. The decision reflected a lifelong commitment to philanthropy that Kirk shared with his wife, Anne. From supporting children's education and healthcare to improving public school playgrounds and helping homeless people, the couple spent decades directing their wealth towards charitable causes through the Douglas Foundation, which has donated nearly $120 million to more than 200 organisations.
Bengal CM announces Rs 5,000 aid for 19,524 tea garden workers ahead of Diwali
West Bengal Chief Minister Suvendu Adhikari announced financial assistance of Rs 5,000 for tea garden workers. The government is considering increasing rice allocation from 35 kg to 50 kg for these workers. Adhikari emphasized the commitment to reopen closed tea gardens for better employment opportunities. He also mentioned upcoming employment benefits under the Pradhan Mantri Chaa Shramik Yojana for eligible workers.
Karnataka seeks Rs 22,400 cr drought relief from Centre, urges early release
Karnataka's Deputy Chief Minister G Parameshwara has requested Rs 22,400.58 crore in drought relief from the Centre. He emphasizes the urgency for the Prime Minister and union ministers to approve the funds. The revised memorandum indicates that 226 taluks suffered from drought, affecting millions of hectares of crops. Parameshwara critiques the insufficient assistance rates and seeks updated data for beneficiaries.
Around 50 crore people came out of extreme poverty in India in last 10-12 years: PM Modi
Prime Minister Narendra Modi has proudly announced that approximately 50 crore individuals have recently risen above extreme poverty levels in India. He highlighted the government's strategy of prioritizing empowerment over mere financial support. Modi underscored the connection between economic advancement and poverty alleviation, attributed to strategic investments in infrastructure and welfare programs, like the Garib Kalyan Mela initiative, enhancing direct benefits to the needy.
Why Paris Jackson is seeking $600 million from Michael Jackson’s estate nearly 17 years after his death
Paris Jackson has filed a petition for a $600 million transfer to the Michael Jackson Family Trust. She claims that the estate's executors have not followed the distribution schedule set in Jackson's will. Legal disputes have prevented the full funding of the trust and reduced payments to beneficiaries. The estate representatives deny Paris's allegations and note that over $200 million has been distributed thus far.
Who gets Social Security tomorrow, November 3? Is your payment COLA-adjusted, and how much will beneficiaries receive in November?
Social Security payments begin November 3 for beneficiaries who started collecting before May 1997. Other recipients will receive benefits on November 10, 18 or 25, depending on their birthdays. Veterans Day shifts the first birthday-based payment forward by a day, while SSI recipients received November's payment early, on October 30, because November 1 falls on Sunday.
How much will your Medicare premium rise in 2027 and how much of your Social Security raise will you actually keep?
The standard Medicare Part B premium may go up by $6.60 a month next year. That is far smaller than the jump in 2026. Still, for people living on Social Security, even a small rise matters, because the premium usually comes out of the monthly check.
Social Security November payments twist: Millions of Americans could see an unexpected change to their Wednesday checks this year
Mark your calendar if you were born between the 1st and 10th. Your Social Security payment for November will arrive on Tuesday, November 10, not Wednesday. Veterans Day falls on November 11, a federal holiday with banks shut. This is the only date change in 2026.
Spandana Sphoorty reports Rs 7.8 crore cyber fraud in bank account
Spandana Sphoorty reported cyber fraud that led to unauthorized transactions of Rs 7.8 crore. The fraud was discovered on Sunday, prompting immediate action from the microfinance company. A senior official stated that the company has insurance that covers the losses incurred due to the fraud. Services associated with the fraud were halted, and investigations are currently underway. The company has requested its bank to reverse the transactions and investigate further.
Spandana Sphoorty Financial reports cyberattack involving its bank account
Spandana Sphoorty Financial encountered a cyber fraud incident with unauthorized transactions on November 1. The amount involved was approximately 78 million rupees, which was transferred to multiple beneficiary accounts. Upon detection, the company promptly stopped affected services and notified its bank. A request for reversal and account freezing was also made to the bank. Additionally, Spandana registered a complaint with the National Cyber Crime Reporting Portal.
Social security projected benefit cuts 2032: Millions of Americans may miss out 22 per cent of total retirement income. Check SSA-CoLA calculations
Social security projected benefit cuts 2032: At that time the fund's projected income will be sufficient to pay just 78 per cent of scheduled benefits, indicating beneficiaries will see a 22 per cent cut in monthly Social Security retirement income.
PM releases Rs 3,000 crore PM-KISAN instalment to over 35.38 lakh Odisha farmers
Prime Minister Narendra Modi released the 24th instalment of the PM-KISAN scheme on Friday, transferring over Rs 18,690 crore to more than 9.34 crore farmers across India. In Odisha, 35.38 lakh beneficiaries received financial assistance as Chief Minister Mohan Charan Majhi joined the programme virtually from Bhubaneswar. Majhi also spoke about crop losses caused by recent floods and assured affected farmers of assistance.
PM KISAN 24th instalment released: PM Modi releases Rs 2,000 each for 9.34 crore farmers; how to check beneficiary status and eKYC details
PM Kisan Samman Niddhi.: Prime Minister Narendra Modi announced the release of the 24th instalment of the PM Kisan Samman Niddhi. Each beneficiary will receive Rs 2,000 as part of three annual instalments. Farmers can check their names in the beneficiary list through the official PM Kisan portal.
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