Provident Financial News

Subscribe to enjoy similar stories. NEW DELHI : Piped natural gas customers -- both households, industry and CNG vehicle users – are likely to get uniform insurance cover against leaks and other accidents, following a recommendation by the Petroleum & Natural Gas Regulatory Board (PNGRB). In a recent meeting with stakeholders, the regulator noted that it is imperative that piped natural gas (PNG) consumers should also be insured as in the case with liquid petroleum gas (LPG).

insolvency appellate tribunal has held that there is no bar against assessment proceedings by statutory authorities, including the EPFO, once the liquidation process starts against any debt-ridden company under the IBC. However, it also clarified that once a debt-ridden company is protected under moratorium after the initiation of insolvency proceedings against it, the Employees' Provident Fund Organisation (EPFO) cannot continue such proceedings.

Supreme Court on Friday agreed to examine the Commissioner of Service Tax’s appeal seeking to levy service tax of Rs 19.79 crore on the call option fee received by Vodafone India non-executive Chairman Analjit Singh from the British firm in 2007.

Subscribe to enjoy similar stories. Six months ago, Abhishek Kumar received a complaint against his company on SCORES, the online grievance redressal facilitation platform provided by the Securities and Exchange Board of India (Sebi). Strangely, the complaint was against Abhishek Chouhan.

Subscribe to enjoy similar stories. The Audi Q7, a car popular among India’s film stars, has long been a symbol of luxury and practicality. With its combination of reliability and solid build quality, it has been the go-to seven-seater SUV.

Subscribe to enjoy similar stories. The regulatory developments and the actions of the Reserve Bank of India (RBI) on fintech entities in 2024 received widespread coverage. The unease felt by the sector was expressed in various forums.

Subscribe to enjoy similar stories. India’s capital markets watchdog has unearthed a sophisticated trading web linking a convicted stock market manipulator, a Singapore-based trader, and a US fund’s confidential orders. This alleged front-running scheme, involving Ketan Parekh and Rohit Salgaocar, has brought the regulator's unrelenting pursuit of financial malpractice into the spotlight.

Subscribe to enjoy similar stories. BALATA CAMP, West Bank—Saeed Hashash, a father of four, was connected to a dialysis machine when he learned that Israel had passed laws that would halt the operations of the agency that pays for his kidney treatment. The U.N.

Dry January and amid growing interest in the “sober curious” movement, researchers at the University of Victoria have unveiled a new tool to gauge the health impacts of alcohol.The new Know Alcohol calculator was developed by researchers at UVic’s Canadian Institute for Substance Use Research (CISUR).The tool allows people to calculate personalized estimates of the potential health risks from their own alcohol consumption, along with the possible benefits of drinking less.The calculator is built on the health science used to generate Canada’s Guidance on Alcohol and Health, and asks individuals to enter their age, sex and an estimate of how much they drink in a week.“When Canada’s Guidance on Alcohol and Health was released two years ago, it started the first national conversation on alcohol consumption,” said Dr. Tim Naimi, director of CISUR.“We wanted to take it a step further and make a tool that showed people personalized results so they could make evidence-informed decisions about their drinking habits.”Using the personalized inputs, the tool returns a variety of data, including the increased risk of diseases such as cancer, cardiovascular disease, diabetes and injury.It also generates estimates such as the risk of dying early from alcohol, the average amount of lifetime lost per drink, and a health risk comparison to cigarettes.Naimi said the researchers didn’t just rely on mathematical models to craft the tool.

PSU power financiers REC Ltd and PFC rallied 2.8% on Friday after domestic brokerage firm Emkay Global initiated coverage on the two stocks saying that the controlled upcycle in power capex and lending is here to stay, and both players provide the optimal path to ride it. PFC shares rallied 2.8% to Rs 472.40 on BSE while REC share price also rose 2.8% to Rs 533.55 on the stock exchange.

Rockefeller Foundation and Global Energy Alliance for People and Planet (GEAPP) have been playing the catalyst role in helping India and the Global South achieve their sustainable development goals.

Aeromexico is the most on-time airline in the world, according to a data company that compiled figures for 2024

Devendra Fadnavis on Thursday said the state government has decided to adopt 'e-cabinet' under which files for the cabinet meeting will be processed electronically.

Budget 2025: The financial sector, especially banks on Thursday made a case for tax sops in the upcoming Budget for fixed deposits to support savings which have seen reduction in recent past. Suggestions regarding improving efficiency of capital markets and increasing capital market inclusion were also made during the pre-Budget meeting with Finance Minister, Edelweiss Mutual Fund MD & CEO Radhika Gupta told reporters here.

Supreme Court on Thursday rejected former chairman of erstwhile Dewan Housing Finance Corp Kapil Wadhawan’s appeal seeking interim bail on medical grounds in a bank loan fraud case.

Maharashtra government has decided to take action based on complaints about bogus beneficiaries of the Ladki Bahin Yojana, and sought information from the Income Tax Department and Transport Department for their verification.

According to a London Stock Exchange notice today (2 January), Revolution Beauty has agreed to pay the trust a non-material sum «being less than 1% of the company's market capitalisation». Chrysalis completes sale of holdings in Featurespace to Visa All other details of the settlement remained confidential.  The settlement follows the trust's initial formal letter of claim issued on 22 November 2023, which then saw a draft claim of £45m issued by Chrysalis in April last year.  Chrysalis' claim was based on «misstatements and material omissions» it argued were provided by Revolut...

TDP membership crossing one crore in just a few days, the party national general secretary and Minister for Education, Nara Lokesh, on Thursday entered into a Memorandum of Understanding (MoU) with insurance companies for all the one crore party activists, said a press release on Thursday.

Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised the minimum eligibility criteria for forming a Self-Regulatory Organization (SRO) that are expected to help ensure regulatory compliance among property developers.

Shane Watson termed India's inability to travel to Pakistan for the Champions Trophy as «unfortunate» but said the ICC showpiece will offer star batters Virat Kohli and Rohit Sharma a chance to liberate themselves from a prolonged form slump. The global governing body has adopted the 'Hybrid' model for this edition of the CT with India scheduled to play its matches at a neutral venue in Dubai.