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.
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.
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.
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.

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.

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.

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.

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.

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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