Provident Financial News

Europe’s banks need to stop complaining that a new ESG rule will make them “look bad” and accept that they’ll need to start reporting additional data in a few months, European Banking Authority Chairman Jose Manuel Campa said.

By Steven Scheer and Ari Rabinovitch

A husband can seek generic income details of his estranged wife through RTI to corroborate evidence in a maintenance case, according to a recent decision of the Central Information Commission (CIC).

FUEL claims to impact more than 45,976 girls by focusing on education, employability and empowerment. The organisation further claimed that it worked towards enhancing skills and employability among underprivileged populations across states. Providing education, granting more than 10,000 scholarships and equipping over 98,667 individuals with skills, FUEL has facilitated placements for more than 62,753 youths in diverse careers, supported 350 entrepreneurs and conducted 1 million career counselling sessions, as outlined in the press release. 

In an era marked by increasing digitalization and data-driven technologies, India has taken a significant step towards safeguarding its citizens’ digital privacy. The much-awaited Digital Personal Data Protection (DPDP) Act, put together by MEITY after extensive consultations with the public and industry during the draft stages, signifies a crucial development in protecting personal data and upholding individuals’ rights in the digital age.

Claudia Goldin, the American labour economist, has won this year’s Nobel Prize in economic sciences. Making the announcement, the Nobel committee said that Goldin has been honoured with the prestigious award for ‘having advanced our understanding of women’s labour market outcomes.’

Reliance General Insurance Company (RGIC), a subsidiary of Reliance Capital Ltd, has received multiple show cause notices from the Directorate General of GST Intelligence, amounting to Rs 922.58 crore. According to sources, the company has received four notices from the DGGI demanding GST of Rs 478.84 crore, Rs 359.70 crore, Rs 78.66 crore, and Rs 5.38 crore respectively, on the revenue generated from the services like re-insurance and co-insurance. According to a tax expert, the RGIC auditors will have to provide for this amount in its quarterly results ending September 30, as a contingent liability. RGIC is the crown jewel of Reliance Capital which is undergoing a debt resolution process through NCLT. RGIC constitutes almost 70 per cent of the total value of Reliance Capital.

For some time, there is a positivity going around in the context of bond / debt fund investments. The views driving it are (a) RBI rate hikes are over, rate cuts are likely next year (b) inflation has peaked out © fiscal deficit, though on the higher side, is gradually coming down (d) global rate hikes are in the last leg and (e) India is being included in JP Morgan bond index, which will lead to inflows from abroad. All these are correct, and will play out. However, one simple aspect to be kept in mind is that in the immediate term, all the good news is there in the price.

STOCKHOLM (Reuters) — American economic historian Claudia Goldin won the 2023 Nobel economics prize for «having advanced our understanding of women's labour market outcomes», the Royal Swedish Academy of Sciences said on Monday.

By Luc Cohen

Cogwise is a trending new platform set to transform the AI trading landscape by integrating blockchain security with the precision of artificial intelligence. 

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

The Ethereum price has dropped by 0.5% in the past 24 hours, dipping to $1,619 as the market as a whole falls by roughly the same percentage within the same amount of time.

LONDON — Shares of the U.K.'s Metro Bank were sharply higher Monday morning, after the lender on late Sunday announced it had secured a £325 million ($395.6 million) capital raise and £600 million in debt refinancing.

Mechanical aspects of the market took over on Friday after the surprise job report. The job growth was nearly double what was expected, while unemployment and wage growth were basically within the same range they had been for months.

By Wayne Cole

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Retailer shareholders were “extremely disappointed” by the PwC tax leaks scandal because it raised doubts about the big four firms’ ability to carry out high-quality audits of listed companies, the Australian Shareholders’ Association has told an inquiry into the sector.

The ASX is set to become a hunting hotspot for private money as cashed-up global funds zero in on distressed companies.

Fortescue is on the cusp of signing more renewable energy supply deals as it pushes ahead with plans to make green ammonia at Gibson Island in Queensland.

Telstra is well-placed to land up-for-grabs cybersecurity play Versent.