Provident Financial News

The Australian government has unveiled a proposal aimed at imposing stricter regulations on cryptocurrency trading platforms, with a focus on enhancing oversight of customer funds. 

reports. The deal positions Qatar Airways as the biggest airline partner to Elon Musk's Starlink.

China's central bank ramped up liquidity support to the banking system as it rolled over medium-term policy loans on Monday, but kept the interest rate unchanged as expected. The People's Bank of China (PBOC) is walking a tight rope between keeping liquidity ample to aid a struggling economy and stabilising the yuan amid expectations of «higher for longer» U.S. rates. The PBOC said in a statement it conducted medium-term lending facility (MLF) operations worth 789 billion yuan ($107.96 billion) to keep liquidity in the banking system adequate.

Nikol Pashinyan skipped the CIS summit in Kyrgyzstan last week, Russia-Armenia ties are striving to remain steady as the partnership serves national interests of both countries. While there are fears that Russia-West conflict might “spread to Armenia '' in the backdrop of exodus from Nagarno-Karabah, Armenia and Ukraine are two different situations despite rising differences of opinion between Moscow and Yerevan. Armenia is a member of the Russia-led Collective Security Treaty Organization and has a bilateral defense agreement with Russia. Armenia and Russia have strategic partnership and Armenia currently hosts around 10,000 Russian troops, 5,000 of which are stationed at Gyumri's 102nd Russian military base.

Investors in the fixed income space are currently spoilt for choice as the segment is offering attractive returns. Small finance bank fixed deposits (FD) are offering up to 9%. The RBI Floating Rate Bond now pays 8.05%.

Swiggy has increased the platform fee that it levies on food delivery orders to Rs 3 from Rs 2. The Prosus-backed company had started charging a flat platform fee to its customers in April regardless of the order value. Its rival, Gurgaon-based Zomato, also started charging a Rs 2 platform fee, which it subsequently increased to Rs 3 in some locations.

Vivriti Asset Management has completed raising ₹1,700 crore to invest in bonds and loans. The credit asset manager has promised investors returns ranging between 10% to 15%.

anime series is now set to venture into some of its most pivotal story arcs. Fans didn't have to wait too long for confirmation about Demon Slayer season 4. The anime creators unveiled a special illustration featuring the remaining 8 Pillars or Hashira of the Demon Slayer Corps, giving a direct hint at the upcoming Hashira Training Arc. For those following the series closely, this is a significant moment.

Telangana, the ruling Bharatiya Rashtra Samithi (BRS) has promised a slew of sops for women, agricultural labourers, farmers, elderly and differently-abled including ₹3,000 monthly financial assistance for women, gas cylinders at Rs 400, housing for all and ₹5,000 pension for the elderly and destitutes. BRS has tried to outmanoeuvre Congress, its principal challenger in the forthcoming Telangana Assembly elections, by promising in its manifesto sops like pensions about ₹500-Rs 1,000 higher and gas cylinders and other benefits about ₹100 cheaper than what Congress has promised in the state.

RK Singh on Sunday said the ministry's aim is to provide enough electricity to power the country's growth even higher than the current levels. «Our mission is to provide electricity so that the Indian economy is able to grow at around 9- 10%» he said while addressing the foundation day of the Central Electricity Authority (CEA). The CEA is the planning cell of the power ministry.

Central Board of Direct Taxes (CBDT) has clarified to the field formations that assessing officers will not pick up cases for scrutiny for startups registered with the Department for Promotion of Industry and Internal Trades (DPIIT) if the cases are related to the valuation of angel tax. This means startups registered by the DPIIT Start-ups will not face tax verification on account of angel taxation in case they are picked up for scrutiny. There are 99,380 startups recognised by the DPIIT. Besides, in cases where proceedings are auto generated, «contentions of such recognised startup companies on the issues will be summarily accepted». However they may be subject to verification for other taxation issues. The clarification came after a large number of startups received notices related to angel tax valuation during April and May, including those registered with the DPIIT. DPPIT-recognised startups are exempted from section 56 (2) (viib) of the IT Act, which determines angel tax.

CAA rules. Several rounds of discussions and presentations have been held at the top levels.

China's Belt and Road Forum this week is likely to «mainstream» the group in the presence of more than 120 countries invited to the mega gathering. The Taliban leadership will attend a summit for the first time since storming to power in August 2021. The move is also an attempt to create a wedge with India and use the first-mover advantage with the Taliban, according to people in the know. Taliban officials and ministers have at times travelled to regional meetings, but the Belt and Road Forum is the first high-profile summit where Taliban has been invited officially, according to one of the people mentioned above.

Samajwadi Party (SP) on Sunday declared a list of nine candidates for the assembly polls in Madhya Pradesh scheduled on November 17. SP leader Yash Bhartiya said the names of six candidates on the list were announced earlier while three new names were added to it.

Before we dive into the role of market research, let's briefly outline the product management lifecycle, which typically consists of the following stages: Initiation and Conceptualization:

Assam Chief Minister Himanta Biswa Sarma inaugurated the commissioning of Leechubagan reservoir with 4.5 lakh litre distribution capacity daily as part of the JICA Assisted South Central Guwahati Water Supply Project to provide clean and safe drinking water to the residents of Guwahati. The Chief Minister said that a wide distribution network spanning 130 kilometers has been established to facilitate the distribution of water from the reservoir.

Sir Jim Ratcliffe Poised to Assume Control of Manchester United Operations In a significant development for Manchester United, lifelong fan and British billionaire Sir Jim Ratcliffe is on the cusp of securing a pivotal role within the club's management structure. Reports suggest that Ratcliffe is set to acquire a substantial 25% stake in the Premier League giants, with a staggering £1.4 billion deal expected to be finalized imminently. Ratcliffe had been engaged in a bidding war with Qatari Sheikh Jassim for ownership of the club, but emerged as the sole front runner following Jassim's withdrawal of his offer on Saturday night.

dYdX is moving forward with a proposal for a $20M Launch Incentives Program by  Chaos Labs  to facilitate a smooth migration to its version 4 (v4) platform. The fund, sourced from the dYdX Chain Community Treasury upon its deployment on the mainnet, is earmarked for a six-month duration to motivate the seamless transfer of users and trading volumes to the dYdX Chain. This proposition aims to gather community endorsement and is subject to a governance proposal on the dYdX Chain.