Provident Financial News

I-T department said extensive outreach programmes were carried out to facilitate the taxpayers. “Around 55.4 lakh outreaches were done through e-mails, SMSs, social media, along with information messages on Income Tax portal to create awareness among the taxpayers to file the Tax Audit Reports and other audit forms within the due date," it said.

Edelweiss Alternatives has raised its third special situation fund of ₹8,000 crore from a mix of prominent global institutional investors and large Indian family offices as it sees attractive opportunities offered by robust sales of secondary loans. While many underlying assets are operating well, they require tailored solutions to reach sustainable debt levels. So, Edelweiss believes that the private credit market will boom in the coming decade, growing from its present size of $14 billion to $100 billion. Over the past year, Edelweiss Alternatives has already deployed nearly ₹3,500 crore, which is over 40% of the total raised, across eight transactions in various sectors, including roads, steel, paper, hotel leased offices, and real estate.

Early 2023 was a relatively unstable period for debt markets fuelled by increasing interest rates, regional US bank failures and rising inflation. As a result, a number of local issuers turned to the US private placement (USPP) market in larger numbers than previous years.

VanEck's Ethereum Strategy Fund (EFUT) is set for listing on the Chicago Board Options Exchange (CBOE), according to an announcement on its website.

Endeavour has tasked Citi and Jarden with advising it on what is turning into a difficult dispute with dissident shareholder Bruce Mathieson and the man he is backing for a spot on the board, ex-Myer chairman Bill Wavish.

Real Madrid at the Stadio Diego Armando Maradona on Tuesday in what promises to be one of the most captivating matches of this week's Matchday 2 in the UEFA Champions League group stage. Napoli emerged victorious in their opening game against Braga, while Real Madrid secured a win against Union Berlin thanks to Jude Bellingham's late goal. Carlo Ancelotti's squad is anticipated to maintain its lineup against Napoli, with Aurelien Tchouameni and Eduardo Camavinga partnering with Toni Kroos, while Jude Bellingham operates in an advanced midfield role to provide support for Rodrygo and Vinicius Jr. Napoli is expected to line up in a 4-3-3 formation, featuring Kvicha Kvaratskhelia and Matteo Politano as wingers and Nigerian forward Victor Osimhen leading the attack. Brazilian defender Natan is likely to pair with Leo Ostigard in central defense.

Leading Swiss asset management bank UBS has announced the debut of its first live pilot of a tokenized Variable Capital Company (VCC) fund on the Ethereum blockchain in Singapore. 

Narendra Modi-led NDA government has provided Rs 2.05 lakh crore to West Bengal under various rural development schemes in the past nine years, way above the Rs 58,058 crore released during the UPA regime, rural development minister Giriraj Singh said on Monday, rejecting the state's allegations of discrimination. On Monday, Trinamool Congress (TMC) workers held protests in Delhi, alleging that the Centre isn't releasing funds to West Bengal under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and other rural schemes. The Centre stopped the release of funds to West Bengal in early 2022 under Section 27 of the MGNREGA on the ground that the state government had failed to initiate adequate action against those involved in the alleged irregularities detected by national monitoring teams in 2019 and 2021, Union government officials had said earlier. Still, Rs 54,150 crore (central share) has been released to West Bengal under the MGNREGS in the past nine years, against Rs 14,985 crore by the UPA government, Singh said in a statement released by the rural development ministry. Similarly, Rs 30,000 crore has been released to the state under the Pradhan Mantri Awas Yojana, compared with Rs 4,466 crore during the UPA period, he added. Singh accused the TMC-led West Bengal government of siphoning off public money released by the Centre by issuing 2.5 million fake NREGS job cards.

Cyberpunk 2077 2.0 has finally arrived, accompanied by the Phantom Liberty DLC, offering players a slew of improvements and fresh content. Among the updates are new weapons, enhanced AI, and a revamped skills and perks system. With these changes, the game has attracted a surge of players, prompting many to inquire about the new maximum level cap. The max level in Cyberpunk 2077 2.0 is now 60, up from the original level cap of 50. Players gain an additional 10 levels, each of which provides 10 extra attribute points. These points can be utilized to further refine their character's abilities and build. Whether it's learning new skills or enhancing existing ones, these extra levels substantially empower your character. While the level cap in Cyberpunk 2077 2.0 might not reach the heights of RPGs like Diablo 4, reaching level 60 will undoubtedly make your character formidable enough to effortlessly dispatch most adversaries in your path.

The US Department of Justice (DOJ) is preparing to call former FTX customers, investors, and employees as witnesses in the upcoming trial against disgraced CEO Sam Bankman-Fried.

In recent times, the cryptocurrency ecosystem has been abuzz with talks about Bitcoin's (BTC) trajectory. This attention is further intensified by its notable 8% surge, sparking discussions about the potential onset of a new bull market. 

Heartstopper Season 3 is coming on Netflix. The production for the UK-based coming-of-age series has begun, according to a report in WhatsOnNetflix. The second season of Heartstopper was released in August. All eight episodes of the second season premiered on Netflix on August 3, 2023. Production for the show is managed by See-Saw Films, and it's worth noting that the series is set to film once again in London, UK, as per the report. Alice Oseman, the original creator of the graphic novel that inspired the series, remains involved as the writer for the Netflix adaptation. Euros Lyn has directed all the episodes up to this point. Netflix UK made an official announcement on October 2, 2023, via a tweet confirming the commencement of production for season 3. Season 3 of the series will consist of eight episodes in total, and the title of the first episode has already been unveiled as «Love.»

airborne intelligence gathering aircraft under a project that will see the development of indigenous sensor technologies and systems. The new airborne intelligence, surveillance, target acquisition and reconnaissance (ISTAR) platform will be vital to map out battlefields and monitor enemy movements in real time, said people with knowledge of the matter. They said the air force has sought approval for a ₹6,000 crore project under which three ISTAR aircraft will be acquired.

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

The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer

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Cryptocurrency platform Launchpad XYZ has successfully raised $1,817,432 in its ongoing crypto presale as of today. The platform is dedicated to providing an intuitive and user-friendly experience for newcomers, with a focus on alpha trading signals.

Meta’s CEO, Mark Zuckerberg, has revealed that he remains committed to his pursuit of leadership in the fast-paced metaverse race.

Monday, 2nd October 2023 – Wall Street Memes ($WSM) has come from a standing start to become the 4th-most-traded meme coin in global crypto markets.

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White Lotus can rejoice as pre-production for Season 3 is about to recommence. The show, created by Mike White, faced setbacks due to the 146-day Writers Guild of America (WGA) strike, one of the longest in Hollywood's history.