THE TRUTH ABOUT: Senior citizen - The Untold Story

Bank of India revises FD interest rates: Launches 500-day fixed deposit offering 7.35% rate to senior citizens

Bank of India latest FD interest rates: Effective November 2, 2026, Bank of India has revised its fixed deposit interest rates across various terms. A new option, the 500-day BOI Akshay Deposit, has been introduced with attractive rates specifically for senior and super senior citizens. Regular depositors can enjoy a…

The Economic Times · 3h ago

Nita Ambani lays foundation stone for Karjat care facility on birthday

Nita Ambani performed the groundbreaking ceremony for Nita Mukesh Ambani Anant Ashray in Karjat, Maharashtra, on her birthday. This care facility aims to support over 5,000 residents, including orphaned children and senior citizens. The township will be developed in phases and will focus on community living rather than traditional institutional…

The Economic Times · Nov 1

Up to Rs 5.52 lakh interest on Rs 10 lakh investment: 5-year senior citizen FDs offering up to 8.50% rates

HIghest FD interest rate: Many senior citizens seek stable revenue through fixed deposits to support their daily expenses. Small finance banks typically offer higher interest rates than public sector banks for these deposits. Senior citizens should carefully compare options before making investment decisions.

The Economic Times · Oct 31

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

Senior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the pack, Suryoday Small Finance Bank boasts a remarkable 8.5% for five-year deposits. It's important for savers to be aware of TDS regulations that apply on annual interest exceeding Rs…

The Economic Times · Oct 24

ICICI Bank and Indian Bank increase FD interest rates: Senior citizens can now earn up to 7.30% in this FD

ICICI Bank and Indian Bank have raised fixed deposit interest rates for select tenures effective October 23, 2026. Indian Bank also adjusted its rates, increasing FD rates on their special 555-day and 777-day FDs.

The Economic Times · Oct 23

Wife evicted from mother-in-law’s house over matrimonial disputes with husband; why HC upheld the order

The Delhi High Court just ruled that matromonial fights can really upset elderly parents and so on this ground the court ordered a wife to move out of her mother-in-law's house. Since the wife has her own home and job, the court felt she could handle it, and they highlighted…

The Economic Times · Oct 21

Signature Global partners Manasum for Gurugram senior living project with Rs 575 cr sales value

Signature Global and Manasum Senior Living are collaborating to create a housing project for senior citizens. The project, titled Manasum Varishta, is located on Dwarka Expressway and will comprise 164 homes. Signature Global will handle the construction and development, while Manasum manages sales and operations after completion. The project is…

The Economic Times · Oct 19

7 Documents to Organise for Ageing Parents Before an Emergency Forces It

Why the Filing Happens After the CrisisMost families do not organise their parents' documents out of negligence. They do it out of an unspoken agreement not to treat ageing as imminent. The conversation about where the will is kept feels like rehearsing a loss. So the folder never gets made,…

Times Life · Oct 16

Bombay HC says ban on firecrackers on roads applicable throughout year

Ahead of Diwali, the Bombay High Court has extended its firecracker ban to public roads year-round. The court emphasized the harmful effects of toxic pollution on senior citizens and children. Authorities are now required to issue notices prohibiting firecracker use in public areas. The Brihanmumbai Municipal Corporation and Maharashtra Pollution…

The Economic Times · Oct 15

Canada-based senior citizen faced income tax liability of ₹83.2 lakh as STCG; here's why he wins at ITAT Bengaluru on technical ground

A recent ITAT ruling highlights the critical importance of following proper legal procedures in income tax reassessment cases. When a taxpayer living abroad was given only five days to respond, rather than the legally required seven, the tribunal quashed the notice and subsequent reassessment. This decision underscores vital procedural safeguards…

The Economic Times · Oct 14