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THE TRUTH ABOUT: Senior citizen - The Untold Story

Psychology says people who offer unreserved seats to any senior citizen or anyone who may need it more than them aren't just being polite: What this behavior reveals?

Psychology says people who offer unreserved seats to any senior citizen or anyone who may need them more than them aren't simply being polite. The behavior can reflect empathy, social responsibility, prosocial behavior and emotional intelligence. Giving up a seat also shows awareness of other people's needs. Psychology theories such…

The Economic Times

'A senior citizen among India’s young achievers': From Burnol to burn rate, how the vocabulary of business has changed

During The Economic Times 40 Under Forty awards, a seasoned jury member is struck by the dynamic energy of the young honourees. He highlights a significant generational shift in business language and a rapidly evolving landscape of innovation. As the jury carefully evaluates leadership and impact across sectors, they remain…

The Economic Times

Social Security COLA Forecast 2027: New Prediction Shows 3.5% Increase for Retirees

The Senior Citizens League forecasts a 3.5% Social Security cost-of-living adjustment for 2027, potentially raising the average monthly benefit by $67.90 (£50.25) before the final figure is announced.

International Business Times UK

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FD rate up to 8.5% for senior citizens investing for five years; know the list of banks

Select small finance banks offer senior citizens fixed deposit rates up to 8.5 percent. Suryoday Small Finance Bank provides 8.5 percent interest on five-year fixed deposits for seniors. Jana Small Finance Bank offers 8 percent interest on similar fixed deposit terms. Banks deduct TDS on FD interest exceeding one lakh…

The Economic Times

Premier League news: Iraola values Wirtz’s work ethic; Moyes backs ‘senior citizen’ Grealish

Liverpool manager insists midfielder should be judged by his influence rather than numbers

The Guardian - UK

₹1 crore penalty on Canara HSBC Life Insurance Company over mis-selling of a deferred annuity policy to an 88-year-old senior citizen

An 88-year-old was sold a deferred annuity policy despite age restrictions, leading to a Rs 1 crore penalty for Canara HSBC Life. IRDAI found multiple lapses in sales, underwriting, and disclosure. The regulator's order highlights crucial lessons for senior citizens buying long-term insurance products, especially via bank branches.

The Economic Times

Rs 2.42 lakh FD investment and Rs 1.06 lakh cash deposits, no ITR filed, got income tax notice; senior citizen wins case in ITAT Jaipur after 9-year fight

No ITR filed, yet Rs 2.42 lakh FD investment, Rs 1.06 lakh cash deposits triggers tax notice for senior citizen; she wins case in ITAT Jaipur after 9 years fight. Know how Mrs Devi won the case in ITAT Jaipur.

The Economic Times

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How Salaried Indians Can File Their ITR Without a Last-Week Panic Over Documents and Deductions

Start With Form 16, Everything Else Follows From ItForm 16 is the one document your employer is legally required to give you by June 15 each year, and it does most of the heavy lifting for a salaried ITR. Part A of Form 16 shows the TDS your employer deducted…

Times Life

Senior citizen FD interest rates of up to 8.50%: Top 5 fixed deposit rates from PSU, private and small finance banks

Highest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESAF, and Suryoday Small Finance Banks provide 8.50% interest. Public sector banks like Bank of India offer competitive rates on specific tenures.

The Economic Times

Rs 15 lakh fraud money credited to senior citizen’s account, police wanted to question him; HC grants anticipatory bail on this ground

Criminals deposited Rs 15 lakh in senior citizen’s bank a/c; police wants to question him; HC grants anticipatory bail and observes mere deposit of crime money in a/c insufficient to conclude he was knowingly involved in the crime

The Economic Times

Rs 16 lakh cash seized in income tax raid, tax officer calls it unexplained cash; Taxpayer claims it to be family money, he fights and wins the case in ITAT Mumbai

During an income tax search operation (raid) Rs 16 lakh cash was seized; Man says its family cash; tax officer does not believe him and calls it unexplained cash; he wins case in ITAT Mumbai. Read the article to know how.

The Economic Times

FD rate up to 8.5% for senior citizens investing for five years; know the list of banks

For senior citizens, certain banks have enticing fixed deposit options offering interest rates as high as 8.5 percent. These deposits, with a maximum limit of Rs 3 crore, are typically available for a five-year tenure. Importantly, if the interest earned exceeds Rs 1 lakh in a year, TDS is deducted.

The Economic Times

Court evicts son from flat for neglecting parents: Can he still claim inheritance rights?

Does the son have any inheritance right over parents property if he failed to take care of parents and court orders eviction? Know what law says. Read the article.

The Economic Times

Up to 8.50% interest rate on senior citizen FD: This bank revises rates on fixed deposit; check new rates and returns on Rs 1 lakh investment

Suryoday Small Finance Bank has made changes to its fixed deposit interest rates Senior citizens can benefit from an attractive rate of 8.50% for a 5-year fixed deposit, while general customers can enjoy a rate of 8.25%. Additionally, for those opting for a 30-month fixed deposit, general customers will earn…

The Economic Times

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The Economic Times

Latest SBI FD interest rates: State Bank of India has reduced rates by 25 bps on these fixed deposits

SBI FD interest rates: The State Bank of India implemented a reduction in interest rates for select bulk term deposits. This change specifically affects both general citizens and senior citizens, especially for shorter tenor deposits.

The Economic Times

Should I sell my flat and invest to earn interest, or keep it and earn rent in my retirement?

ET Wealth Reader's Query: I own a two-bedroom flat in Bengaluru, which is about 10 years old, and have no outstanding loan. I am a senior citizen with pension income and live with my son. Should I retain the property and earn rental income, or sell it and invest the…

The Economic Times

Assam man with China links held for Rs 1,071 crore cyber fraud across 1,090 cases

Gujarat CID arrested a man from Assam for orchestrating 1,090 cybercrimes. These frauds amounted to over Rs 1,071 crore and involved China-based criminals. The accused masterminded transferring funds into numerous bank accounts across India. He then converted these illicit funds into cryptocurrencies for transfer to China. This arrest also helped…

The Economic Times

FD rate up to 8.05% for senior citizens investing for five years; Know list of banks

Fixed Deposit (FD) rate for senior citizens investing for five years. The article has a chart using which you can compare the top banks which is giving such high interest rate on FDs. Also know about when you can prevent TDS deduction from FD using Form 15H (senior citizens only).

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The Economic Times

Up to 7.25% senior citizen FD interest rate: What is the maturity amount on Rs 5 lakh in 5-year SBI, PNB, HDFC Bank & other FDs?

For senior citizens seeking consistent returns, fixed deposits present an appealing option. Notably, Axis Bank currently leads the market with a striking interest rate of 7.25% for a five-year term. A Rs 5 lakh investment could mature to around Rs 7.16 lakh after five years. Other prominent banks such as…

The Economic Times

FD interest rates up to 7.50% in August 2026: These 3 banks have revised FD rates; senior citizens can now get up to 8.05% rate

Fixed deposit interest rates: Union Bank of India, DCB Bank and Indian Bank have revised their fixed deposit (FD) interest rates. These revised rates are effective from early August 2026.

The Economic Times

Faulty terrace repairs flooded two flats; Maharashtra court awards senior citizen Rs 3.96 lakh compensation

Senior citizen to get Rs 3.96 lakh from housing society after housing society's faulty terrace repairs caused water leakage in his two flats; Maharashtra Co-Op Appellate Court order explained. Know how he won court case.

The Economic Times

Parents win back their flat gifted to son as tribunal finds son failed to take care of parents; Bombay HC orders son to vacate the property

Son promised to care for elderly parents after receiving their Mumbai flat as gift; however, he failed to do so; Bombay High Court cancels gift deed and orders son and wife to vacate. Know why son lost the case in Bombay High Court.

The Economic Times

Buying health insurance after 60? Here's how senior citizens can reduce premiums and increase coverage

Worried about rising healthcare costs after 60? Discover how senior citizens can secure robust health insurance without breaking the bank. Explore strategies like combining base policies with super top-ups and leveraging employer benefits to achieve comprehensive coverage and predictable renewal costs.

The Economic Times

7% savings account interest rate: This bank hikes rates across balances; new rates applicable from August 1, 2026

Savings account interest rate: Unity Small Finance Bank has recently announced a new interest rate of 7% on savings accounts, with even higher returns for amounts surpassing five lakh rupees. In addition, senior citizens can benefit from an attractive 8.50% interest on a special 501-day fixed deposit. Other small finance…

The Economic Times

Senior citizen fined for parking in open space wins relief; Maharashtra court orders housing society to allot a convenient parking spot

Senior citizen allotted inconvenient parking spot by builder in 2011 leading her to park car in open space; Housing society levied penalty on her for parking in open space; Maharashtra Co-Op Appellate court gives her relief and orders society to give her a convenient spot. Know how she won the…

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