Conducted across urban centres in northern, western and southern India, the study shatters myths about the way the elderly spend their money
The average annual increase in a senior citizen's health cover should be 4-5 per cent
Stick to deposits of firms with high rating
India still does not have a "one retirement account" concept, with the intended money distributed across various schemes. Pension fund managers are underlining NPS as the preferred way ahead
Buy as soon as possible, as increase in age not only pushes premiums up, it also comes with restricted coverage to diseases
Ongoing pandemic has left more of them lonely and feeling vulnerable considering they are wary of stepping out
They can pay a part of their taxes by July 31 so that their remaining tax liability is no more than Rs one lakh. No interest will be charged if they pay the remainder by November 30
More than 95,000 people have recovered as of Tuesday morning, while 5,598 have died.
PMVVY, SCSS, PPF and Bharat Bond are instruments senior citizens can turn to
SBI's new product offers good rates but SCSS and RBI's savings bonds are more attractive
The State Bank of India (SBI) has introduced a special deposit scheme for senior citizens with a higher interest rate
Since they are more vulnerable, medical insurers may become more wary
Based on the Census 2011 age-cohort data, it is projected that there would be approximately 160 million senior citizens in India
We should have kept the seniors home, closed public spaces, and allowed the rest of us to keep life moving forward, he said
The Italian trend mirrors one seen in China, where men were more likely than women to die of Covid-19
In these two months, 130 crore Indians have resolutely confronted the corona pandemic and have taken necessary precautions
"We are a developing nation and for a country like us, this corona crisis is not an ordinary thing," Modi said Thursday evening in an address to the nation, noting the pandemic had hit India's economy
If you were mis-sold this product with the promise of regular dividend, you should exit it
In the Budget 2018-19, the maximum limit under PMVVY was doubled to Rs 15 lakh per senior citizen
The Bill seeks to amend the Maintenance and Welfare of Parents and Senior Citizens Act, 2007