Provident Financial News

At least six former PwC Australia partners including international tax chief Peter Collins were involved in leaking confidential information from Treasury, the Tax Office and the Board of Taxation to colleagues and clients, legal reports prepared for the big four firm have concluded.

TG Casino ($TGC) is a new crypto casino offering a convenient and anonymous gambling experience directly from the Telegram social media application. Telegram has over one billion users, and the crypto casino industry is booming. These factors point to significant potential for the project.

The price of Shiba Inu (SHIB) has declined by a slight 0.4% today, with its dip to $0.00000722 coming as the wider cryptocurrency market barely moves overall.

The Dogecoin price has jumped by 0.5% in the past hour, with the meme token rising to $0.060839, where it marks a 0% gain in the past 24 hours.

room heaters to the energy-efficient and safety-conscious oil-filled radiators (OFR) and the swift and comforting embrace of halogen room heaters, the choices are manifold. As India's infrastructure continues to evolve, the allure of electric room heaters grows, making them a practical and prevalent choice for winter warmth. Within this comprehensive guide, we will check out the top room heaters for September 2023, presenting you with a thoughtfully curated selection of options.

Norwegian Geotechnical Institute (NGI) to explore feasibility of harnessing geothermal potentials that the state’s numerous hot springs offer. The intention of this MoU is to provide a facilitating mechanism for the two parties to work together on mutually agreed, progressive and supportive activities; aiming for further development in the field of Geotechnics and Rock Engineering by dealing with complex sub-surface geological and geotechnical issues faced by the state. To begin with, NGI will carry out geological, geochemical and geothermal investigation of few selected geothermal sites in Tawang and West Kameng districts that will include MT Survey to decipher the deeper geoelectrical configuration of geothermal springs (hot-springs) and feasibility to utilize the Geothermal Energy resources for further use. The MoU was signed by Repo Ronya, Secretary, Science and Technology, Government of Arunachal Pradesh, and Dr Rajinder Bhasin, Technical Expert, NGI, Norway, in presence of Chief Minister Pema Khandu, Science and Technology Minister Honchun Ngandam, Chief Secretary Dharmendra and Dr Vivek Kumar, Senior Advisor, Norwegian Embassy, New Delhi. Congratulating NGI and the department of science and technology, Chief Minister Pema Khandu said that it’s a right step towards green and clean energy production especially in the light of global warming concerns. “It’s a great coincidence that this MoU is being signed on World Tourism Day as its theme this year is ‘Tourism & Green Investment’ that perfectly goes in tandem with this new initiative,” Khandu pointed. He expressed optimism that the study will lead to development of renewable geothermal sources in Arunachal Pradesh and increase energy supply to meet present and

Bright Money, which allows users to reduce debt, has raised $12 million in an equity funding round led by existing investors Alpha Wave, Hummingbird VC and Peak XV Partners. As part of the funding, the consumer fintech startup has also raised $50 million in debt from speciality finance company Encina Lender Finance.

bonds for the first time, introducing ultra-long maturity debt to cater to the growing demand from insurance and pension funds. The new bond adds to the 30-year and 40-year tenor debt sold, extending the nation’s yield curve, according to a borrowing plan released by the Reserve Bank of India on Tuesday. The nation’s burgeoning life insurance and pension fund industries, driven by an expanding middle class, are changing the landscape for India’s $1 trillion sovereign debt market. The sale reflects their growing heft, and helps Prime Minister Narendra Modi’s government reduce its reliance on purchases by banks to fund record borrowings. “Investor demand has been strong, supported by the expansion of the formal sector, with households allocating a higher share of financial savings in life insurance, pensions and provident funds,” Gaura Sen Gupta, economist at IDFC FIRST Bank wrote in a note. The authorities are trying to increase the tenure of debt sold and expect yields to decline after India’s inclusion in JPMorgan Chase & Co.’s emerging market index, a government official, who didn’t want to be named, told reporters. The government will sell 300 billion rupees ($3.6 billion) of the 50-year bond in the October to February period, which accounts for almost 5% of its total borrowings.

Wealth Redefine, a wealth management and financial advisory firm, is extending its presence to offices in Mumbai, Bangalore and the Middle East by 2025. It is also toying with potential expansion into Kolkata.

Google has introduced its Android Earthquake Alerts System in India, the company said in a press release on September 27. The new system was introduced in the country after consultation with the National Disaster Management Authority (NDMA) and the National Seismology Center (NSC). According to the press release, the system uses sensors in Android smartphones to detect and estimate earthquakes. Then it provides people with an early warning when the shaking starts. Many countries around the world have already deployed this system, it said. The release said, «Each Android smartphone is equipped with tiny accelerometers that can act as mini seismometers.

October also many financial deadlines and changes that can have impact on your money matters. These include the new TCS (tax collected at source) rule, special FD deadlines, new debit card rule and more. Here is a list of 7 money changes in October 2023.

The Terra Luna Classic price has risen by 1% in the past 24 hours, with its move to $0.00006116 also marking 6.5% gain in the past week.

Hindustan Times, adding that a draft memorandum of understanding (MoU) has been finalised after negotiations between the two sides. Taipei is looking towards New Delhi to address the manpower shortage in key sectors such as manufacturing, including factories, construction projects, household workers, and agriculture and fisheries, the sources claimed.

Oneclick Logistics India IPO: The initial public offering (IPO) of small- and medium-sized enterprise (SME) Oneclick Logistics India has opened for subscription today (Wednesday, September 27), and will close on Tuesday, October 3. The company is an integrated logistics services and solutions provider and offer customers a single-window solution - negating the need to approach multiple service providers at different levels in the chain of logistics services.

Relative Strength Index (RSI). On September 26, Tuesday, StockEdge reported that 26 stocks had undergone a declining trend in their Relative Strength Index (RSI).

nomination in eligible demat accounts and submission of PAN, nomination, and KYC information by physical security holders have been extended by the Securities and Exchange Board of India (SEBI).

Tata Play has ventured out of India with a white label solution for global OTT aggregators, starting with a project collaboration with Philippines’ leading Pay-Tv provider Cignal TV. India’s leading content distribution platform today launched the Tata Play Binge PaaS for OTT aggregators across the globe, enabling Tata Play to provide end-to-end development and deployment opportunities. «Apart from providing the software architecture, our partner companies will also benefit from Tata Play’s learnings over the years in areas of forging commercial partnerships, recommendation engine, subscription management, analytics, and much more. With the launch of this enterprise solution, we have now created a unique OTT content aggregation and distribution ecosystem,” said Harit Nagpal, Managing Director & CEO of Tata Play. Coming from the house of conglomerate Tata group, Tata Play Binge is an OTT aggregation service that brings content from more than 26 apps in one app. The promoter company now focuses on tying up with various OTT partners and acquiring subscribers in the overseas market.

REC jumped 6% to Rs 284 in Wednesday's trade on BSE after the firm signed a memorandum of understanding (MoU) with Punjab National Bank (PNB) to jointly fund projects in the power sector and infrastructure & logistics sector. The collaboration aims to co-finance debts totalling Rs 55,000 crore over the next three years under a consortium arrangement. At 11.26 a.m., the scrip was trading 5.6% higher at Rs 282 on BSE. On a year-to-date, it has delivered multibagger returns of 135%, while it has rallied nearly 200% in the past one year. As per Trendlyne data, the average target price of REC is Rs 261, which shows a downside of 8% from the current market prices.

dirigiste industrial policy. So far Congress has authorised at least $80bn in place-based spending (according to the Brookings Institution, a think-tank), disbursed through a range of competitive grants. The biggest-ticket items include funding authorised in the CHIPS Act, passed last year to spur American semiconductor manufacturing.

SEBI). The deadline to add nominee in mutual funds is September 30, 2023 for now. However, there are chances that SEBI may announce the extension in coming days. This is because Sebi extended the deadline for existing demat account holders to offer a choice of nomination by three months to December 31, 2023 on September 26, 2023. Previously, the deadline for existing eligible trading and demat account holders to provide a nomination preference was September 30, 2023. Also read: Trading account nominee rule changed; last date to add demat account nomination extended According to the CAMS website, “Providing nomination or Opting-out confirmation has already been mandated in the case of new MF investors for folios created from 01-Oct-2022. Nomination in folios held by investors where folio was created prior to 01-Oct-2022 must be complied with on or before 30-Sep-2023 by either submitting nominee details or by providing Opt-out declaration.” Please keep in mind that if the required information is not registered within the above timeframes, transactions such as Redemptions, SWP, Switch, STP will be frozen in the corresponding folios beginning October 1, 2023. Also read: Give nominee details for mutual funds by this date to avoid MF folio getting frozen Mutual fund unit holders can add nominee or opt-out of nomination by providing the declaration.

FMCG) sector, reported TOI. According to data from the retail intelligence platform Bizom, smaller product sizes have experienced a more rapid growth rate compared to medium or high-priced alternatives across most FMCG categories. The data revealed that overall sales decreased by approximately 11% in August 2023 compared to the previous year. The rain deficit in August appears to be fuelling the downtrading phenomenon, said Akshay D’Souza, Bizom’s chief of growth and insights. Procter & Gamble Hygiene and Health Care’s VP (finance) Gautam Kamath said, “Retail inflation for the months of July and August have averaged 7% and August rainfall has shown an 11% negative deviation from norm, driving the caution.