Provident Financial News
08.10 / 17:20
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Intense fighting in Gaza area, focus on helping Israel recover territory taken by Hamas: Blinken
State Antony Blinken on Sunday said there is intense fighting going on in the Gaza area and the focus right now is on helping Israel recover the territory that has been taken by Hamas militant group, noting that the issue of intelligence failure would be probed into a bit later. Israel witnessed a surprise and unprecedented multifront attack — by air, land and sea — by the Hamas, which rules the Gaza Strip, in its southern parts on Saturday morning. More than 600 people, including soldiers, have been killed so far and more than 2,000 injured in Israel — the deadliest day for the country in at least 50 years.
08.10 / 17:20
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A surge in rail traffic on North Korea-Russia border suggests arms supply to Russia, think tank says
North Korea-Russia border, indicating the North is supplying munitions to Russia, according to a US think tank. Speculation about a possible North Korean plan to refill Russia's munition stores drained in its protracted war with Ukraine flared last month, when North Korean leader Kim Jong Un travelled to Russia to meet President Vladimir Putin and visit key military sites.
08.10 / 17:20
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British man, serving in Israeli army, killed in Hamas assault
Israeli army, was killed in Palestinian Hamas group's unprecedented surprise attack in Israel on Saturday. Corporal Nathaniel Young, aged 20, originally from London, was listed as a resident of Tel Aviv and was a member of the army's 13th Battalion. Gaby Shalev, also from London, shared the heartbreaking news on Facebook, expressing the family's grief. She wrote, «Our little brother Nathaniel Young was tragically killed on the Gaza Border yesterday.» This unfortunate event follows the disappearance of 26-year-old Jake Marlow, who attended the same London school as Nathaniel.
08.10 / 14:03
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Artificial Empathy Is Coming. Are We Ready for Emotions From AI?
Busy, stressed-out humans aren’t always good at expressing empathy. Now computer scientists are training artificial intelligence to be empathetic for us. AI-driven large language models trained on massive amounts of voice, text and video conversations are now smart enough to detect and mimic emotions like empathy—at times, better than humans, some argue.
08.10 / 13:49
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The U.S. Economy’s Secret Weapon: Seniors With Money to Spend
Why has consumer spending proven so resilient as the Federal Reserve has raised interest rates? An important and little-appreciated reason: Consumers are getting older. In August, 17.7% of the population was 65 or older, according to the Census Bureau, the highest on record going back to 1920 and up sharply from 13% in 2010. The elderly aren’t just more numerous: Their finances are relatively healthy and they have less need to borrow, such as to buy a house, and are less at risk of layoffs than other consumers.
08.10 / 13:49
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Amazon
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Amazon Sale 2023: Up to 80% off on tablets, wearables and computer accessories
Amazon Sale 2023 has you covered. Elevate your computing experience with a vast selection of accessories that cater to all your needs. From ergonomic keyboards and high-performance mice to ultra-fast chargers and stylish laptop bags, these accessories are designed to boost your efficiency and style quotient.
08.10 / 13:49
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‘Situation scary…’: Tourists, businessmen among Indians stuck in Israel amid its war with Gaza
Indian tourists stranded in the country to facilitate their exit. Most tourists are travelling in groups. Apart from the tourists, some businessmen are also said to have got caught up in Israel and are looking to be evacuated.
08.10 / 12:03
Provident
Cooper
country
Department
Govt to computerise 1,851 agri & rural development banks and state cooperative registrars
Agriculture and Rural Development Banks (ARDBs) under a scheme with a budget of Rs 225.09 crore. Currently, the government is computerising all Primary Agriculture Credit Societies (PACS) in the country.
08.10 / 12:03
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Provident
Death
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Afghanistan earthquake: Death toll crosses 2,000 as people free the dead and injured with their hands
Taliban government spokesman said Sunday. It's one of the deadliest earthquakes to strike the country in two decades. The figures couldn't be independently verified.
08.10 / 11:37
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Avail
Amazon Great Indian Festival Sale: Avail up to 63% off on premium smart TVs
TV, the vibrant colours of a QLED display, or the sheer luxury of OLED, this sale is your passport to an upgraded lifestyle. So, fasten your seatbelts and prepare for a whirlwind of savings as we dive deep into the Amazon Great Indian Festival Sale's exclusive offers on premium smart TVs. Your dream TV is just a click away, and the time to redefine your home entertainment experience has arrived.
08.10 / 09:21
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MCX receives SEBI approval to launch new Commodity Derivatives Platform
₹1,914.60 during the day on the BSE. Later, it recovered some of the early lost ground and ended at ₹2,049.30, 2.43 per cent lower.
08.10 / 09:21
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‘Indian Air Force must be one of the best by…’, IAF chief calls for focus on innovation
91st Indian Air Force Day today. "In my last year's address, I spoke about the requirements and transformation, and how hybrid warfare and multi-domain operations highlight the need to redefine, reimagine, and recalibrate ourselves. This year, I would like to focus on making that vision a reality," he said.
08.10 / 09:21
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Israel-Hamas war: Air India suspends flights to and from Tel Aviv till Oct 14
Hamas fighters raided settlements close to the Gaza Strip and fired thousands of rockets toward Israel. "Our flights to and from Tel Aviv will remain suspended till 14th October, 2023, for the safety of our passengers and crew," a spokesperson of Air India said. Catch live updates of Israel-Hamas conflict The airline would provide all possible support to passengers who have confirmed bookings for the flights that have now been cancelled, the statement added.
08.10 / 09:21
Provident
Amazon
Google
Entertainment
Netflix
voice
Amazon Great Indian Festival Sale: Get up to 58% off on smart TV under ₹60,000
₹60,000 during this highly anticipated sale event. In today's digital age, a smart TV has become a household essential, offering a world of entertainment right at your fingertips. Whether you're a movie buff, a sports enthusiast, or a gaming aficionado, a smart TV can cater to all your entertainment needs.
08.10 / 09:07
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NOT
Manipur government warns organisation or individuals not to make attempt of renaming Districts, Sub-Divisions
Manipur government has warned the organisation or individuals that no one shall make or attempt to make any deliberate act of renaming Districts, Sub-Divisions, places, institutions and address of such institutions without the approval of the State Government. In the wake of violence in Manipur several organisations had started naming different places in their own way on community lines. Chief secretary Dr Vineet Joshi in a order stated, “Whereas, it has come to the notice of the State Government of Manipur from reliable sources that many Civil Society Organizations (CSOs), Institutions, establishments and persons are deliberately renaming or trying to rename Districts, Sub-Divisions, places, institutions and address of such institutions which are objectionable, or likely to create controversy and conflict between Communities residing in the State more particularly in the context of the ongoing law and order crisis aftermath the Tribal Solidarity March organised by All Tribal Students Union Manipur (ATSUM) since May 3.” The order stated, “Whereas, the State Government views the matter very seriously with utmost sensitivity as the same practice cited above may create mistrust amongst the communities and is likely to create divide or aggravate the current law and order situation in the State.Therefore, in view of above, the Governor of Manipur is pleased to order that no one shall make or attempt to make any deliberate act of renaming Districts, Sub-Divisions, places, institutions and address of such institutions without the approval of the State Government.” The government stated, “ Any one found violating the above orders shall be prosecuted under relevant law of the land for the time being in force.
08.10 / 09:07
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Staffing companies say festive season will create 20 per cent more jobs this year
Manu Saigal, Director-General Staffing, Adecco India, says, “In the lead-up to the festive season, there's a noticeable surge in hiring, particularly in retail, logistics, e-commerce, travel & hospitality, and BFSI industries, with an increase of over 20%. This highlights the strong demand for skilled workers to meet heightened consumer expectations and the uptick in business activities.
08.10 / 08:25
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Reliance General Insurance gets Rs 922-cr show cause notice by GST authority
Reliance General Insurance Company (RGIC), a unit of Reliance Capital Ltd, on Sunday received received multiple show cause notices, amounting to Rs 922.58 crore, from the Directorate General of GST Intelligence, reported PTI. The notices relate to the applicability of GST on re-insurance commission and co-insurance premium, as well as availing input tax credit and non-payment of GST on the import of reinsurance services. According to PTI 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. The RGIC auditors will have to provide for this amount in its quarterly results ending September 30, as a contingent liability, PTI cited a tax expert as saying. 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.
08.10 / 08:19
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India-Canada row: Jaishankar makes India's stand clear on visa suspension, says, ‘not safe…’
India Today. As per the report, the meet was held to discuss India’s G20 Presidency, though the MPs appreciated the presidency, many also raised questions on suspension of visa services for Canadians. Clearing the air, the Union Minister stated that the suspension was not a retaliatory action but rather an effort to protect the safety of the Indian diplomats, sources said as reported by the daily.
08.10 / 07:35
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Slow Q2 growth for FMCG companies as food prices and rain deficit block demand
FMCG new packs clog supply chains, say distributors Regarding gross margins, these companies express the expectation of sequential improvement, supported by moderating inflation and a slowdown in price increases. This positive trend enables them to allocate higher budgets for Advertisements and Promotions (A&P). Providing an update on its performance for the September quarter, GCPL stated, "In India, we experienced weak macros and adverse weather conditions during the quarter." Despite facing a "tough operating environment," the Godrej Group's FMCG arm achieved "mid-single digit volume growth" in its organic business.
08.10 / 07:29
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Amazon
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Healthcare
exclusive
Amazon Sale 2023 LIVE NOW: Branded grooming and healthcare devices on sale
Experience the joy of self-care, elevated by exclusive deals and high-quality offerings. Don't miss this golden opportunity to invest in your well-being and elevate your self-care routine with top-notch products from renowned brands. Dive into the sale and embrace a new level of grooming and healthcare excellence, all at your fingertips.
08.10 / 07:29
Citi
Provident
Digital
information
Thane payment gateway fraud: Rs 16,180 crore siphoned off after hacking
payment gateway service provider company's account and siphoned off funds worth over Rs 16,180 crore from different bank accounts over a period of time, the Thane police said. The fraud was taking place since long and came to light following a complaint lodged with Srinagar police station in Maharashtra's Thane city of hacking of the payment gateway account of the company here in April 2023 and Rs 25 crore being siphoned off, an official from Naupada police station said.
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