Provident Financial News

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Disclaimer: The text below is an advertorial article that is not part of  Cryptonews.com  editorial content.

In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce. 

PTI reported. To provide relief to those affected by the flooding, the district administration established 17 relief camps, offering shelter to approximately 246 individuals. In Alappuzha, holiday was declared for educational institutions in Cherthala and Chengannur taluks which were running relief camps, the district administration said.

₹12,000 during Flipkart's Big Billion Days Sale starting from October 8. The Pixel 7a was launched at the Google I/O event in May at a price of ₹43,999 for the 8GB RAM/ 128GB storage variant. Also Read| Flipkart Big Billion Days Sale: Nothing Phone (2) to get a whopping ₹12,000 price cut, new white color model to debut The Pixel 7a is the latest model in Google's cost-effective A-series smartphone range and is priced relatively lower compared to the higher-end Pixel 7 and Pixel 7 Pro models.

A New York company plans to build an offshore wind energy project 42 miles off New Jersey

Squadron Energy, the private renewable generation group controlled by the billionaire Forrest family, has recorded its first sales but slumped to a $220 million loss after the $4.2 billion purchase of CWP Renewables.

Anil Agarwal's strategic move to demerge Vedanta into six different listed entities to unlock value is not enough for the Patna-born mining baron to clear the heavy debt obligation estimated to be worth over $4 billion but lays the groundwork for future deleveraging. Vedanta Ltd's parent company Vedanta Resources Ltd (VRL) has debt repayments worth $1.3-1.4 billion to make in the next six months, including bond payments of $1 billion in January 2024. In FY25, there are debt obligations worth $3 billion, besides interest-servicing requirements, according to various brokerage estimates. As the demerger process will likely take 12-15 months to complete, it won't help the parent company to meet debt obligations.

Barak Valley will be Rs 228. The new wages for tea garden workers have come into effect from October 1. Assam government has decided to reserve of three per cent of seats for people belonging to the tea tribe community. He further said that the government will also ensure 20 per cent bonus for all tea garden workers employed under Assam Tea Corporation (ATC). Wages was a hotly debated issue in assembly polls in 2021 assembly polls. Sarma on Monday formally launched the much-awaited Mukhya Mantri Lok Sewak Arogya Yojana, an online medical bill reimbursement scheme for Government of Assam's employees, pensioners, and their dependents. Medical bills under the scheme shall be reimbursed at rates equivalent to that of Central Government Health Schemes (CGHS) and these shall be credited directly towards the accounts of the claimant employees within a stipulated time-frame.

Canada has scrapped the mandatory need for Express Entry PR applicants to provide medical examination results. Instead, applicants are advised to await instructions before proceeding with a medical examination. Once notified, applicants will have 30 days to complete the medical examination. If you have already completed an IME as part of a previous application (for example, to work or study) and are currently living in Canada, you may not need to complete another one when you apply for permanent residence, the IRCC has said. If you completed an IME within 5 years of submitting your new application, include the IME number (or the unique medical identifier number) from your previous exam in your current application. You may be exempt from completing another IME if you meet all of these conditions

₹89,532 crore, amounting to over 22 million tonne. Preliminary figures indicate that from 25 August to 20 September, basmati rice exports dropped 30% year-on-year, and parboiled rice sales plummeted a steep 83%. Official data for the period is yet to be released.

Cuscal, the payment infrastructure business used widely by smaller banks, has lifted its operating income by almost one-third over the past 12 months but says costs are also rising because of staff and technology expenses.

The corporate regulator is suing a new Gold Coast payday lending scheme that allegedly involved $70 million in fees on almost $34 million in loans.

Computershare, the provider of share registry and employee share plan services, is selling its troublesome mortgage services business in the US to asset manager Rithm Capital for $US720 million ($1.13 billion).

₹25 lakh to nine ISRO scientists from Tamil Nadu, including K Sivan and Mylswamy Annadurai, in recognition of their services to the nation. Stalin lauded the scientists for bringing laurels to Tamil Nadu and presented them with shawls and mementos. Recalling the words of former Chief Minister C N Annadurai, he said the late leader had wondered aloud why Tamil Nadu had not been the home of icons in the league of physicist Albert Einstein and inventor Thomas Alva Edison.

fundamentally strong small-cap stocks that could thrive in 2024. Dhanuka Agritech is one of India’s leading agri-input (pesticides and chemicals) companies. The company’s portfolio spans a wide range of crop protection products such as herbicides (accounting for 39% of the total revenues in 2023), insecticides (29%), fungicides (20%), and plant growth regulators (12%).

Vedanta to outperform rating, Nuvama upgraded it to hold. Kotak Institutional Equities, however, remains a bear on the stock with a sell rating.

Delhi Police's Special Cell on Tuesday morning conducted raids at the places of news portal NewsClick and its journalists, officials said. The Enforcement Directorate had earlier also conducted raids at the firm's premises probing its sources of funding. The Special Cell is conducting raids on the basis of inputs provided by the central agency. Police recovered the dump data of laptops and mobile phones of some journalists of NewsClick.

Global investment bank JPMorgan’s decision to include Indian government bonds into its emerging market bond index is expected to be a game changer for the bond market, and a spillover effect will be seen in debt mutual funds as well. The inclusion in the bond index will channel global passive debt flows in India, as passive funds, by nature, are longer term, says Avnish Jain, head-fixed income, Canara Robeco Mutual Fund. Expectations of large FII inflows due to the bond inclusion and rate hike cycle peaking in both local and global markets should start attracting inflows into debt funds, Jain said. In an interview with ETMarkets, Jain highlighted the significance of the bond inclusion, the inflows outlook, and the asset allocation strategy for debt fund investors. Edited excerpts: Let’s begin with the hot topic today. What changes for India’s bond market with the JPMorgan bond index inclusion? The inclusion in the JPMorgan bond index is a game changer for the Indian government bond (IGBs) markets. While FII investments have been allowed in IGBs for a long time, they were more active and selective in nature, depending on the overall macroeconomic situation as well as relative attractiveness of the Indian debt market within the EM space. The inclusion in the bond index will channel global passive debt flows in India. Passive funds, by nature, are longer term and generally fluctuate only in case of change in weightage in the index.

Malaysia’s government says enough rice is available despite recent panic-buying of locally produced rice that led to empty shelves in supermarkets and grocery stores nationwide

UPI is a 24X7 instant payment system that allows you to transfer money in real time between two bank accounts. UPI Lite is an on-device wallet feature that allows users to make real-time small-value payments. "UPI and UPI Lite are both revolutionary in their own right.