Senior Citizens

How senior citizens should protect themselves from insurance misselling

The regulator's action against Canara HSBC Life highlights how elderly buyers can be mis-sold unsuitable insurance products and what safeguards they should follow

SC seeks status reports from states on old-age homes for senior citizens

The Supreme Court on Monday asked all states to submit fresh status reports on the establishment of old-age homes and the facilities available to senior citizens. The bench was hearing a long-pending PIL, filed in 2016, seeking effective implementation of measures for the welfare and protection of the elderly. A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana took up the PIL filed by Dr Ashwani Kumar, who has sought implementation of directions regarding the establishment of old-age homes in every district, adequate pensions and geriatric care for senior citizens. During the hearing, Kumar, appearing in person, urged the bench to list and consider the matter, submitting that the continuing mandamus in the case had remained unheard for years despite issues concerning the rights and welfare of crores of elderly persons. The CJI said that while the top court could lay down broad principles, the high courts could be asked to ensure their effective ..

Check the best interest rates senior citizens can get on fixed deposits

Senior citizens get a higher rate of interest on fixed deposits across public, private, and foreign banks, as well as small finance banks

Best of BS Opinion: Mining reforms risk undermining fiscal federalism

Today's pieces examine mining reforms and fiscal federalism, India's need for a caregiving policy, stronger bank boards, urban governance and lessons in crisis leadership

Why senior citizens should consider deductibles in health insurance

Opting for a deductible can reduce premium costs, preserve your no-claim bonus and make health insurance more efficient for meeting large medical expenses

Best of BS Opinion: Cybersecurity, ageing and women's financial freedom

Today's opinions examine cybersecurity in connected vehicles, India's ageing challenge, Karnataka's regional inequalities, women's entrepreneurship and the hidden world of trees

Kerala plans for a structural shift amid India's ageing challenge

Kerala's elderly welfare reforms highlight the economic impact of population ageing and offer a roadmap for states preparing for India's shrinking demographic dividend

Senior citizen FD rates in June-end up to 8.5%: Top picks across lenders

Senior citizens can earn higher guaranteed returns as small finance banks lead FD rates, while private and public banks offer other options

The Silver Passport: Travel bug bites well-heeled seniors, opens up sector

From spiritual journeys and family holidays to wellness retreats and cruises, India's silver travellers are emerging as one of tourism's fastest-growing and most valuable consumer segments

What are the best interest rates senior citizens can get on fixed deposits?

Senior citizens get a higher rate of interest on fixed deposits across public, private, and foreign banks, as well as small finance banks

Smart Savings: How Senior Citizens Can Lower Health Insurance Premiums

With healthcare costs rising steadily, opting for a deductible can help senior citizens reduce health insurance premiums while retaining protection against major medical emergencies

Shriram Finance cuts FD rates across tenures, new rates effective May 6

Shriram Finance has cut fixed deposit rates across multiple tenures, with revised rates effective May 6, impacting returns for retail investors and fixed investment plans

Senior living projects: Assess developer track record in service delivery

As senior living projects expand rapidly, experts advise buyers to assess developers' track record, service quality, costs and long-term sustainability before investing

What are the interest rates senior citizens can get on fixed deposits?

Senior citizens get a slightly higher rate of interest on fixed deposits across public and private banks, as well as NBFCs

Find the best interest rates on fixed deposits for senior citizens

Senior citizens get a slightly higher rate of interest on fixed deposits across public and private banks, as well as NBFCs

Datanomics: Kerala becomes first state to unveil 'Elderly Budget'

Though hailed as a first-of-its-kind initiative, nearly two-thirds of Kerala's elderly budget for FY27 goes towards pensions the state is obligated to pay

DLF gears for senior housing entry, eyes sales in Mumbai, Panchkula in FY27

Developer says Q3 sales dropped due to Dahlias pause, no new launches

Year-end senior citizen fixed deposit rates at 6-8%: Top bank options

Small finance banks lead the market for retirees, with senior citizen fixed deposit rates peaking at over 8% across select tenures

What are the best FD rates available for senior citizens from lenders?

Senior citizens typically get a marginally higher rate of interest for fixed deposits, which are a low-risk, but lower-return, investment vehicle

More senior citizens opt to port health insurance policies: Experts

Innovation, digital ease driving the shift, say insurers