Provident Financial News

Logistics and delivery solutions firm Shadowfax has announced its largest fulfillment center in Surat, Gujarat. The facility, a distribution center (DC), spans over 1.5 lac sq ft and has a daily processing capacity of 10 lakh orders. The e-commerce service provider and hyperlocal company says that the newly launched hub integrates technology, including an advanced Auto Sorter that features full automation and IP technology for sortation and allocation.

Hours after Canada expelled a top Indian diplomat over Khalistani terrorist Hardeep Singh Nijjar's killing, India asked a senior Canadian diplomat ordered to leave the country, said the Ministry of External Affairs on Tuesday. New Delhi's decision reflected its "growing concern at the interference of Canadian diplomats in our internal matters and their involvement in anti-India activities", the foreign ministry said in a statement.

Reliance Industries, during the 2023 Annual General Meeting on August 28. Jio AirFiber features parental controls, support for Wi-Fi 6, and an integrated security firewall. Jio AirFiber is set to tap into a massive untapped market of over 200 million Indian households.

buytiktok likes quickly at the best industry rate. In addition, it is best to establish connections by expanding reach. QuickGrowr is recognized well in the market for its expertise in offering TikTok likes services with better user experience.

Also Read: India-Canada News LIVE Updates: India expels Canadian diplomat after PM Justin Trudeau's allegations on Nijjar killing "We are a democratic polity with a strong commitment to rule of law," the MEA said. MEA further noted that such "unsubstantiated" allegations seek to shift the focus from Khalistani terrorists and extremists, who have been provided "shelter in Canada and continue to threaten India's sovereignty and territorial integrity". "The inaction of the Canadian Government on this matter has been a long-standing and continuing concern," it said.

Read all the LIVE updates of this BIG story here Meanwhile, the Ministry of External Affairs Minister (MEA) has decided to expel a Canadian diplomat following Trudeau's statement. The Mea said, “The High Commissioner of Canada to India was summoned today and informed about the decision of the Government of India to expel a senior Canadian diplomat based in India. The concerned diplomat has been asked to leave India within the next five days.

wealth management industry is at a crossroads, and the path forward is undoubtedly hybrid. This fusion of physical and digital capabilities has become essential as the industry grapples with the profound impact of digital transformation, elevated client expectations, and evolving competition. The COVID-19 pandemic acted as a powerful driver, expediting the digital transformation within the wealth management field.

Account Aggregator framework was expected to be a watershed moment, not unlike UPI, for financial services. So far, its enormous impact has been evident in consumer lending, but with the inclusion of Goods and Services Tax Network (GSTN) on the Account Aggregator framework, credit access to micro, small and medium enterprises (MSMEs) is also expected to be eased. The MSME sector has long been denied adequate credit due to a variety of reasons.

Mumbai's traffic authorities have issued restrictions on heavy vehicles and private buses to ensure smooth traffic flow. The restrictions will be in effect on various dates in different parts of the city.South Mumbai Restrictions On September 21, 24, 26, and 29, heavy vehicles and private buses will not be allowed to enter or ply on the roads in South Mumbai.

income tax audit is completed, an individual should check certain things. This is to ensure that the income tax auditor has not made any mistakes while submitting the audit report. If there is a mistake in the audit report, then an individual will be first required to prove to the income tax department that the mistake was made by the auditor. This must be done to avoid a penalty being levied by the income tax department due to the wrong information in the audit report. Further, the individual will have to hire an auditor again to get the audit done once more. Here are four things you must check after theincome tax audit report has been submitted by your tax auditor.Correct forms used for income tax audit According to Shalu Kedia, Director, Audit & Assurance, Nangia & Co LLP, an audit and business consultancy company, «Individuals mandatorily required to get tax audit done should ensure that their auditor has submitted correct forms as required by law. An auditor is required to give report in Form 3CB along with a detailed particulars mentioning 44 clauses in Form 3CD. These forms are used if income tax audit is mandatory for income tax purposes. However, if the individual is required to get books audited for any other law (like Companies Act, 2013), then the auditor will give report in Form 3CA along with detailed particulars in Form 3CD. So, in essence, Form 3CD is a common form for all individuals who are required to comply with income tax audit. The requirement of Form 3CA and Form 3CB will depend upon the category of the individual.» Hence, an individual should check whether the tax auditor has furnished the correct audit forms or not.

Narendra Modi and his Canadian counterpart Justin Trudeau during the G20 Summit revolved around Trudeau's concerns regarding the alleged involvement of Indian government agents in the assassination of Hardeep Singh Nijjar, a Khalistani terrorist based in Canada, according to Michael Kugelman. The Director of the South Asia Institute at Wilson Center has said that Trudeau utilised the opportunity to discuss his concerns directly with PM Modi. Trudeau's visit to India had a broader agenda—participation in the G20 Summit.

Banks and investors have a new set of guidelines to compare companies’ impact on the natural environment, with the Taskforce on Nature-related Financial Disclosures releasing a final framework on Tuesday morning to ensure nature is considered alongside financial, operational and climate risks.

solar panels in India, what would you say? If your answer is China, you would have been right… last year. In the first half of 2022, India imported 9.8 GW of solar modules from China. But in the first half of this year, that number has crashed to 2.3 GW, a 76% reduction.

G20 Summit, both Modi and Trudeau repeatedly had a testy meeting. Trade talks have been derailed between the two nations. Canada cancelled a trade mission to India that was planned for the fall.

BEIJING — In the years since Alibaba's U.S. listing in 2014, early-stage investing has drawn tens of billions of dollars into China with relatively little to show for it.

Analysts at most brokerages have raised their price targets on Tata Steel shares in reaction to the company's joint investment plan with the UK government to build the country's largest steelworks in Wales. The move, which is estimated to reduce the steel maker's losses from Europe, has removed an overhang for the stock, said analysts. «We believe the recent developments related to Tata Steel UK will serve as a favourable catalyst for the stock price as it eliminates a key overhang for Tata to provide cash support from India operations to TSUK (Tata Steel UK) in the long term,» said Ravi Sodah, analyst at Elara Capital. Tata Steel shares, which gained 12% in the last month, ended 1.5% lower at ₹130.4 on Monday. While Tata Steel and the UK will invest £1.25 billion — including a government grant of £500 million — to build an Electric Arc Furnace (EAF) steel plant at Port Talbot — a town in Wales, the existing facility, which is nearing the end of its operational life, will be restructured.

Reliance Jio Infocomm and Vodafone-Idea said that they should be allowed to set a higher cost for services such as WhatsApp and Netflix. Their rationale is that these apps are among the most widely accessed and put lopsided pressure on their infrastructure, increasing their operating costs. A submission by Bharti Airtel dated 1 September read that “large traffic originators that account for a disproportionate amount of these investments must contribute a fair share" of the network cost incurred by telcos.

New Hope Coal chief executive Rob Bishop says the Albanese government’s“same job, same pay” agenda threatens to drive the wrong outcomes and stymie investment as he delivered the biggest profit in the company’s history.

Narendra Modi, reports said. Minister of state for Food Processing Industries and Jal Shakti Prahlad Patel confirmed the development on X (formally known as Twitter), but later deleted the post. "Only the Modi government had the moral courage to fulfil the demand for women's reservation which was proved by the approval of the cabinet.

Elon Musk to strike a balance between protecting free expression and fighting hate speech at a meeting on Monday after weeks of controversy over antisemitic content on Musk's social media platform X. Earlier this month, Musk attacked the Anti-Defamation League, accusing the non-profit that works to fight antisemitism of primarily causing a 60% decrease in US ad revenue at X, without providing evidence.

By Sheila Dang and Ari Rabinovitch