Provident Financial News

Karnataka government against releasing Cauvery river water to Tamil Nadu, the latter on Tuesday said the Supreme Court's verdict should be binding, notwithstanding such agitations. Despite protests in Karnataka capital Bengaluru, the state government was releasing water to its neighbour, TN Water Resources Minister Duraimurugan said. On the protests in the neighbouring state, the Minister said the Supreme Court's verdict should be binding. «Legislature, executive and judiciary are part of cooperative federalism.

Airbnb is intensifying its efforts to provide accommodations in homes inspired by fictional characters. Following their offering of a stay at Barbie's Malibu DreamHouse three months ago, Airbnb's latest venture is offering a long weekend stay at Shrek's Swamp. This unique property is situated in the Scottish Highlands and has been meticulously designed to resemble the animated abode of the green ogre, complete with oversized furniture and whimsical roots extending down from the ceiling. Booking for this extraordinary experience will commence on October 13, 2023 at 12 pm (ET), offering a dream come true for fans of the beloved early 2000s animated classic, Shrek.

The United States Federal Reserve Banks of Boston and New York have published a data-driven report that delves into the potential impact of stablecoins on the broader economic landscape.

JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein

Chase UK, JP Morgan’s British digital bank, says it will bar customers from making cryptocurrency transactions starting next month — citing an uptick in scams and fraud

Records show that Mississippi announced financial incentives for a shipbuilder in 2020 days after the president of the shipbuilder’s parent company donated $10,000 to the governor's campaign fund

Landmark net neutrality rules rescinded under former President Donald Trump could return under a new push by U.S. Federal Communications Commission chair Jessica Rosenworcel

The share of Latinos who give to established charities has dropped sharply since 2008, a new study has found

Armitage Associates-backed IT services group Tecala will pay about $10 million to purchase automation consulting services company rapidMATION.

PwC’s global firm knew about the tax leaks scandal unfolding in Australia two years before its local affiliate informed the powerful US regulator that oversees the consulting giant.

Global banking regulation has bolstered the case for bigger is better when it comes to financial services in the current age. But the bigger banks grow, the harder it is to innovate the types of solutions that deliver step-changes for customers.

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Niti Aayog will soon undertake an evaluation of India's biggest subsidy schemes, the National Food Security Act and LPG subsidy, to rationalise expenditure, prevent leakages, and ensure benefits are reaching eligible people. Development Monitoring and Evaluation Office (DMEO), which is attached to Niti Aayog, has invited proposals for a central coordinating agency for evaluation of the two schemes, which together cost the exchequer nearly ₹4 lakh crore a year.

Manchester United are hosting Crystal Palace at Old Trafford today in Carabao Cup or EFL cup. Erik Ten Hag's side defeated Burnley in the Premier League last weekend. Meanwhile, Palace had played goalless draw with Fulham. United will also face Palace at home in the Premier league on this Saturday. Mason Mount and Harry Maguire have chances to feature in today's match as defending champion Manchester United looks to avoid another early-season setback when it hosts Crystal Palace in the third round of the League Cup. It's the only all-Premier League clash among Tuesday's games, with Wolverhampton visiting Ipswich and Burnley traveling to League Two side Salford City. Manager Erik ten Hag will have to decide how heavily to rotate for a competition that provided him with his first title at the club last season. United is already nine points behind Premier League leader Manchester City, and the League Cup may be Ten Hag's best chance for silverware again.

DGFT) has opened the window for registration of companies seeking to import IT hardware such as laptops and tablets, with a one-week target for approval of an application. As per officials aware of the details, companies need to provide value and volume details around import/export of hardware along with domestic manufacturing for the past three years. The firms also need to disclose the country of origin for imports. «The format for registration has been shared and companies can revert if some things need to be fine-tuned.

BERLIN (Reuters) — The United States hopes Europe will take similar measures to its Inflation Reduction Act to drive a «race to the top» on support for green technologies, a senior U.S. official said in Berlin on Tuesday ahead of economic talks with German counterparts.

Compound market returns: During bullish markets, there is inevitably a regurgitation of this myth that was contrived to extract capital from retail investors and place it in the hands of Wall Street.

Mumbai: Sometime in 2008, a team from financier Bajaj Finserv was at a consumer durables store when a family of four walked in. They wanted to buy a 32-inch television on loan but were told it would take at least three days. The Bajaj team wondered why the loan could not be processed the same day so that the family could take the TV home by evening.

Barauni-Guwahati Pipeline will provide gas in Guwahati by the end of the year, and Assam will be linked with the National Gas Grid. Gas conclave a day-long brainstorming workshop on the prospects and challenges of the usage of natural gas, was organized by the Department of Industries, Commerce & Public Enterprises, Government of Assam on Tuesday in Guwahati. Minister, Industries, Commerce Bimal Bora while commending the pioneering role of Assam in the petroleum and natural gas sector in the country, noted how the Hydro-carbon Vision 2030 for North-East India of the Central Government has opened up several vistas of economic development through natural gas; and further noted how Assam has so much reserves of natural gas that it can fuel its economy based on this clean and green fuel. In this regard, he stressed on evolving synergy among the different stakeholders of the entire value chain of natural gas. GAIL India Limited representative announced that the Barauni-Guwahati Pipeline shall be able to provide gas in Guwahati by the end of the year, thereby marking a major milestone in the linkage of the State with the National Gas Grid.

NEW DELHI : The government has extended the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme till 30 June 2024, an official statement said on Tuesday, benefitting exporters amid global headwinds. “The RoDTEP support which was notified till 30th September 2023 is now being extended till 30th June 2024 at the same rates to the existing export items," the commerce ministry said in a statement.

Narendra Modi on Tuesday said the government is leaving no stone unturned to complement the efforts of scientists by providing all the resources to them and fostering a dynamic and favourable research ecosystem. The prime minister said this in a message on the 82nd Foundation Day of the Council of Scientific and Industrial Research (CSIR).