Provident Financial News

If your track record is very clean, then most banks would like to offer you add-on credit cards with a higher credit limit and added features. An add-on card is like a supplementary or secondary card. These cards can be used by your spouse, children and even parents and siblings.

In the dynamic and ever-evolving business landscape of India, selecting the right office space is not just a practical necessity; it’s a strategic decision that can significantly impact your company’s success. Whether you’re an emerging unicorn or a long-established enterprise, your office space is akin to a mirror reflecting your work culture. Much like a company’s mission, vision, and core values, the office environment contributes significantly to its profile. Successful organizations understand the pivotal role workspaces play in enhancing employee productivity.

Investing in mutual funds is a popular and accessible way to grow one’s wealth. However, before diving into mutual funds, it’s essential for investors to conduct thorough due diligence. Ensure you comprehend the fund’s approach before investing. Dive into the fund’s investment process and strategy. Is the strategy aligned with your objectives?

In the ever-evolving landscape of retail, a powerful new trend is shaping the way businesses operate and thrive – the advent of shop-cum-offices. These innovative spaces represent a seamless blend of retail and office environments, redefining the future of the industry and catering to its dynamic needs.

If there is any city in the country which has seen both continuous and rapid transformation, it is undoubtedly Gurugram (being Gurgaon for most of the time)! What was once a cluster of villages today is now a global commercial & residential hub that has seen an exponential rise in its real estate index, thanks to the cosmopolitan working & living communities that have dotted the region.

Public Provident Fund vs Fixed Deposit Interest Rate in September 2023: Most of the banks are offering higher Public Provident Fund (PPF) interest rates in September. For the July-September quarter of FY 2023-24, the Government has kept the PPF interest rate at 7.1%. Following is a list of banks offering higher than the PPF interest rate on their fixed deposits to general and senior citizens in the current month, according to BankBazaar data.

National Savings Certificate (NSC) Interest Rate News September 22: The quarterly review of interest rates for NSC and other small savings schemes by the Finance Ministry is due to take place this month. The NSC interest rate for the October-December quarter of FY 2023-24 will be announced by September 30. Even as accountholders are hoping for a further hike in NSC interest rate, it is unlikely to happen this time, according to experts. However, there is always room for a surprise hike.

Financial literacy is a critical component of economic empowerment, and it plays a pivotal role in enhancing the socio-economic status of individuals and communities. Unfortunately, in many rural areas around the world, particularly in developing countries, women often face significant challenges when it comes to financial literacy. This disparity can be attributed to several interrelated factors.

The demographic dividend that India intends to exploit, on its stated intent, to be the third largest economy in the world would suffer a major loss, if living for senior citizens is not included into the plans today. Countries like Japan, Monaco, Italy, Germany etc. are consciously wrapping their policies around their aging population. While many developed nations have a third of their population over the age of 60, India’s elderly population is likely to rise to 41% over next decade and expected to touch around 194 mn.

A new LifeWorks study commissioned by the Alberta government says the province could be entitled to take $334 billion — more than half of assets in the Canada Pension Plan — were it to exit the national plan entirely and start its own fund. The figure has raised eyebrows in pension circles and big questions across the rest of the country: Can Alberta really walk off with half the CPP? And what happens to everyone else if they do? The Financial Post’s Ian Vandaelle breaks down what you need to know about the issue.

cybercriminals. Native English-speaking hackers would call up a target company's information technology helpdesk posing as an employee, and seek login details by pretending to have lost theirs. They had all the employee information needed to sound convincing. And once they got access, they'd quickly find their way into the company's most sensitive repositories to steal that data for extortion.

funding drought for Indian technology startups continued as a total of 16 deals were announced totalling $86 million in the week, down 11% by volume and 74% in value terms over the last week. Year-over-year, the week from September 16 to September 22, fared even more poorly. By volume, it was a 58% drop, and in terms of value, 71%.

SBI) has raised about Rs 10,000 crore through issuance of infra bonds, which carry a coupon rate of 7.4%. This is the fourth such issuance of infra-related bonds by the bank. «The issue attracted overwhelming response from investors with bids of Rs 21,045 crore and was subscribed by more than 5 times against the base issue size of Rs 4,000 crore,» SBI said in a release. The issue received 134 bids, indicating a wider heterogeneity participation.

IPOs listed on the Indian stock market yesterday. Meason Valves took the top spot in terms of listing gains at about 90%. In fact, it almost doubled investors wealth on closing.

refrigerator, one must consider several vital factors. Energy efficiency, storage capacity, cooling technology, and brand reliability top the list of essential attributes to assess. India boasts an array of reputable refrigerator manufacturers, each vying to provide the most innovative and efficient appliances.

melamine dinner set. Whether you're looking for the best melamine dinner set to elevate your dining space or a reliable dinner set for the kitchen, the world of branded dinner sets has evolved to meet your needs. In this guide, we'll take you on a journey through the realm of melamine dinner sets, helping you discover the best dinner set brand that fits your budget and lifestyle.

ET had earlier reported that the ministry is seeking an additional INR 1,500 crore as support from the finance ministry funds earmarked for the second phase is likely to be exhausted before March 2024 due to robust electric vehicle sales. As per the ET Auto report, MoHI has proposed to increase allocation for e-two-wheelers by 165.5 percent while slashing the same for electric three-wheelers by a whopping 60 percent.

Sterlite Power on Friday said it has acquired Beawar Transmission Ltd for developing an electricity transmission project in Rajasthan. Beawar Transmission is a Special Purpose Vehicle (SPV) of REC Power Development and Consultancy Ltd. The SPV was awarded to Sterlite Power through tariff-based competitive bidding in August, a company statement said. «Sterlite Power announces the acquisition of Beawar Transmission Ltd from REC Power Development and Consultancy Ltd, a wholly owned subsidiary of REC Ltd,» it said. The company did not share the financial details of the acquisition. Through the Beawar Transmission Ltd, the company will build the Green Energy Corridor project on Build, Own, Operate, Transfer (BOOT) basis, for a period of 35 years, as per the statement. This is Sterlite Power's 19th power transmission project in India acquired through tariff-based competitive bidding, the company said, adding that it now has Rs 12,000 crore worth of projects under management. «Sterlite Power is proud to be building the green energy corridor that will enable the flow of 20 GW of renewable energy,» Sterlite Power Managing Director Pratik Agarwal said in the statement. The Beawar Transmission will entail construction of three integral components. Initially, a 350 km 765kV transmission corridor connecting the renewable energy zone of Fatehgarh III to the substation at Beawar will be developed. Then, a 3,000 MVA 765/400kV Substation at Beawar will be constructed and finally, there will be construction of two LILO lines, covering approximately 120 km. In March, the Sterlite Power won Part G Phase III of the project, titled Fatehgarh III Beawar Transmission Ltd.

The price of Terra Luna Classic (LUNC) has jumped by nearly 9% in the past 24 hours, following the acceptance of two governance proposals that would help boost it and its sister stablecoin, USTC.

Schroders Plc said it has a way to score sovereign debt that corrects for the rich-world biases inherent in ESG investing.

credit card frauds, particularly targeting women in areas like New Alipore, Netaji Nagar, and Ballygunge in south Kolkata. Fraudsters are using the pretext of Durga Puja «packages and offers» by banks to deceive victims. In one recent incident, a woman from New Alipore received a call from fraudsters promising to increase her private bank credit card limit.