Provident Financial News

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Flipkart suspended its grocery delivery services after suffering an outage on Tuesday as the rush of people overwhelmed the platform amid its annual ‘Big Billion Days’ festive sale. The Flipkart Grocery service was down on the app as well as the web. “Please come back tomorrow. We are overwhelmed by your response,” said a banner as users landed on the grocery section of the app.

The former chief executive offailed stockbroker BBY faces two charges of aiding, abetting, counselling or procuring fraud after appearing in Downing Centre Local Court in Sydney.

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Victorian Premier Jacinta Allan has denied misleading parliament when she said that “tremendous progress” was being made to hosting the Commonwealth Games despite already knowing the event would blow by at least $2 billion.

Boston Consulting Group sacked four personnel from its business in Australia and New Zealand after receiving 10 formal complaints about their behaviour during the past five years.

Humanitarian groups are scrambling to assist civilians caught in the war between Israel and Hamas and determine what aid operations are still safe to continue, efforts that are being complicated by an intensified blockade of Gaza and the ongoing fighting

Trudeau on Monday reached out to UAE President Sheikh Mohamed bin Zayed Al Nahyan and discussed the India-Canada row since Trudeau alleged probable Indian hand in the death of Khalistan separatist Hardeep Singh Nijjar in Canada in June. The UAE is a close economic and counter-terror partner of India in the Gulf region and Trudeau’s act is seen as an attempt to create pressure on India through New Delhi’s allies. «On the phone today, his highness @MohamedBinZayed and I spoke about the current situation in Israel. We expressed our deep concern and discussed the need to protect civilian life,” Trudeau posted on X (formerly Twitter).

UAW strikes expand as 7,000 more workers join picket line at two plants GM's updated offer did not align with the 23 percent pay raise suggested by Ford. On Friday, the UAW communicated that GM had agreed to include workers at joint venture battery plants under union contracts, but as of Monday, GM provided no specific details, the report noted. The layoffs are across the board.

Answer: Deduction for NPS contribution is available under Section 80 CCD. Under section 80 CCD(1) the contribution of the taxpayer is eligible for deduction up to ₹1.50 lakh as per the limits laid down under Section 80 CCE which also covers the various items of section 80 C and 80 CCC. The deduction for NPS is subject to restriction of 10% of the salary for salaried and for others, it is capped at 20% of the gross total income.

Oil prices edged down slightly on Tuesday after gaining more than 4% in the previous session as markets weighed the potential for supply disruptions as the conflict between Israel and the Palestinian Islamist group Hamas continued. Brent crude fell 18 cents, or 0.2%, to $87.97 a barrel at 0017 GMT, while U.S. West Texas Intermediate crude eased 16 cents or 0.2% to $86.22 a barrel. Both benchmarks had gained more than $3.50 on Monday on news of the conflict after falling steeply in volatile trading last week. Hamas' launched the largest military assault on Israel in decades on Saturday.

Joe Biden was interviewed as part of an investigation into his handling of classified documents by Special Counsel Robert Hur, the White House counsel's office said on Monday. The Democratic president's interview was voluntary and conducted over two days, concluding on Monday, said Ian Sams, a spokesperson for the White House counsel's office. US Attorney General Merrick Garland in January named Hur as special counsel to look into the improper storage of classified documents at Biden's Wilmington, Delaware, home and at a Washington think tank office set up for Biden after his 2009-2017 vice presidency. Such special counsels are appointed to handle sensitive cases — usually involving political figures or allegations of serious wrongdoing by the government — and have more independence than is usually afforded to federal investigators to decide whether to bring charges. Hur's interviews with Biden suggest the investigation, which has proceeded quietly, may have advanced to its final stages.

Asian Games goes to India Inc. Many of the medal winners are backed by top corporate houses such as Reliance Industries, Tata group, JSW Group and Adani Group that support budding talent in preparing for the global stage with sponsorships, scholarships, training and other initiatives.

By Jamie McGeever

European Union late Monday reversed an earlier announcement by an EU commissioner that the bloc was «immediately» suspending development aid for Palestinian authorities and instead said it would urgently review such assistance in the wake of the attacks on Israel by Hamas to make sure no money was misused. «There will be no suspension of payments» at the moment, a terse European Commission statement said late Monday, five hours after EU Commissioner Oliver Varhelyi had said that all payments from the development programme for Palestinians would be «immediately suspended.

ease of doing business, the government on Monday automated the system of giving credibility to the Indian exporters in the international markets. Commerce and industry Piyush Goyal launched a new initiative to issue IT system based automatic ‘Status Holder’ certificates to exporters under the Foreign Trade Policy 2023 under which the government will recognise about 20,000 exporters as Status Holders, up from 12,518 exporters recognised earlier. Goyal unveiled the initiative at a meeting with the export promotion councils, the commerce and industry ministry said in a statement. The Status Holder certification program provides credibility to the Indian exporters in the international markets “Over 15,000 exporters will be benefitted by this facility who will get 1 Star to 5 Star recognition within real time basis,” said A. Sakthivel, president, Federation of Indian Export Organisations. At present, the exporter is required to file an online application along with an export certificate from a chartered accountant for grant of status.

American babies and toddlers with disabilities are entitled to publicly funded therapies known as Early Intervention, since all U.S. states and territories accept federal funding for this program

American babies and toddlers with disabilities are entitled to publicly funded therapies known as Early Intervention, since all U.S. states and territories accept federal funding for this program