Provident Financial News

International Solar Alliance on Wednesday held the curtain-raiser for the 6th session of the International Solar Alliance Assembly, scheduled to be held from October 30-November 2. At the event in Delhi, RK Singh, Minister of Power and New & Renewable Energy and the President of the ISA, said the rate of growth of renewable capacity in the country has perhaps been one of the highest in the world, if not the highest. The association has been working on various projects to ensure affordable access to solar power around the world.

Ababeel Weapon System to further strengthen its deterrence.

weight limits for their checked baggage as automated baggage drop machines have been introduced. The leeway previously provided by airline ground staff to accommodate minor variations in weight has been eliminated.

₹274.7 crore) in a Series C funding round, led by existing investor Nexus Venture Partners. The round also saw participation from California-based early-stage investor Uncorrelated Ventures. The Chicago-based company will use the proceeds to accelerate adoption within larger enterprise customers.

₹450 for the stock, indicating an upside of 18 percent. This comes after a 25 percent fall in the stock in the last 1 year. It lost over 23 percent in 2023 YTD, giving negative returns in 7 of the 10 months so far in the current calendar year.

Gaza hospital blast: The Israeli Defense Forces (IDF) have released a footage which allegedly is a recording of ‘Palestinian Terrorists’ discussing the ‘failed rocket launch’ that killed between 200 and 300 people. Health authorities in Hamas-ruled Gaza said the explosion killed 500 people and was caused by the latest in a wave of Israeli air strikes.

Akhil Mittal, Senior Fund Manager- Fixed Income, Tata Asset Management, says longer term, these elevated interest rates are worth buying today because globally we will not see these interest rates two, three or five years down the line. So it makes sense to buy interest rates right now, especially if you talk about the US. From 2008 till 2020, we saw those zero interest rates and tons of tons of money printed post the Global Financial Crisis. Investing in the US bonds for the purpose of diversification can sound like a very interesting idea. Can you explain the entire trajectory of the US bonds looking at the interest rate scenario. Do you think it is a good time to lock your money in these kinds of investment avenues? Broadly on the interest rate trajectory side, worldwide, from 2022 onwards, central banks have been pushing rates higher.

The price of Shiba Inu (SHIB) has fallen by 2% in the past 24 hours, with its dip to $0.00000690 coming as the cryptocurrency market barely moves in either direction.

In the latest on-chain DEX-launched skyrocket, Pokemon crypto Ash Satoshi token ($SC4) has erupted in a jaw-dropping +4,322% move.

Relative Strength Index (RSI). Today, we delve into why RSI matters and take a closer look at 10 stocks that have witnessed a decline in their RSI. The Relative Strength Index (RSI) is a technical indicator that aids investors in understanding the momentum and velocity of price movements. It provides crucial insights into a stock's overbought or oversold condition, among other things. 10 Stocks with Declining RSI On October 17, StockEdge reported 17 stocks with a declining RSI.

The Relative Strength Index (RSI) is a widely used technical indicator that helps investors understand the momentum and speed of price movements. It's a tool that provides valuable insights into a stock's overbought or oversold condition and more. Top 10 Stocks in the Overbought Zone On October 17, StockEdge reported that 33 stocks had entered the overbought zone. Here are 10 of them: 1) ITI Ltd. RSI: 87.17 Prev.

XETA Genesis aims to merge the worlds of decentralized finance (DeFi) and traditional finance (TradFi) to offer high-rewarding yet stable investment options. The platform operates in stablecoins like USDC to combat market volatility. 

50-day SMA, is a critical tool that provides valuable insights into a stock's short-term performance. On Tuesday, October 17, several largecap stocks in the Indian market displayed significant moves by crossing their 50-day SMA, signaling potential changes in their stock trends. Let's explore the performance of these stocks. (Data Source: StockEdge) 1. ICICI Lombard General Insurance Company ICICI Lombard is a prominent name in India's insurance sector, offering a wide range of insurance products.

NeoLiv, residential investment and development platform, founded by Mohit Malhotra, former MD and CEO of Godrej Properties plans to launch at least 10 projects with the revenue potential of Rs 12,000 crore on the next 3-4 years. NeoLiv has already secured the permission from the Securities & Exchange Board of India (SEBI) for a category II Alternate Investment Fund (AIF) with a plan to raise $ 150 million including a green-shoe option of $60 million. It plans to develop 10 residential projects in Delhi and Mumbai using the first round of fund. “We have identified 13 projects in Delhi-NCR and Mumbai and due diligence is on. We should be able to announce our first project in 2-3 months,” Malhotra told ET. Wealth and alternates-focused asset firm 360 ONE, erstwhile II FL Wealth & Asset Management, has entered into a strategic partnership with strategic partnership with NeoLiv by making a minority entity-level equity investment. “In the real estate sector, financial institutions and developer are two separate institutions but we have brought it together.

India's largest IT services company, Tata Consultancy Services (TCS), has also asked the employees to follow a proper dress code while returning to office. As per a TOI report, TCS recently made it mandatory for the majority of its employees to return to the office, marking the end of the work-from-home era for the firm. In a post-earnings call, TCS's Chief Human Resources Officer (CHRO), Milind Lakkad, revealed that approximately 70 percent of the company's workforce has already transitioned back to office-based work. Lakkad emphasized the significance of integrating the new workforce with the established TCS community, stating, «We strongly believe that they need to come to work so that the new workforce gets integrated with the larger workforce of TCS. And that is the only way they will learn and understand and internalize the TCS values and the TCS way. So yes, we are asking people to come all days in a week.»

Piramal Enterprises Limited on Wednesday said it plans to raise Rs 1,000 crore from maiden issuance of Non Convertible Debentures (NCDs) to fund business growth. The tranche I comprises the base issue size of Rs 200 crore and a green-shoe option of up to Rs 800 crore, aggregating up to Rs 1,000 crore, which is within the shelf limit of Rs 3,000 crore.

Bharti Airtel has launched an integrated omni-channel cloud platform called Airtel CCaaS (contact centre as a service) under its Airtel IQ vertical, it said in a statement Wednesday. The new platform gives end to end solutions for contact centres including voice, cloud, and software.

Fingerprint, a startup that helps developers to build security solutions through device intelligence application programming interfaces (APIs), has raised $33 million in a Series C funding round led by Nexus Venture Partners, taking the company’s total funding to $77 million. The round also saw participation by Uncorrelated Ventures. The Chicago-based company said that the funding comes at a time when the decline of cookies and the increased use of virtual private networks (VPNs) has heightened the importance of precise device identification. It claims to identify 99.5% of returning users in less than 500 milliseconds of processing time.