Provident Financial News

run of very hot days should happen in July is, by itself, perhaps unsurprising. Two-thirds of the Earth’s land is in the northern hemisphere, and land warms up faster than water does, so northern summers are the hottest times of year for the planet as a whole. But the highest temperatures tend to come later in the season.

Industrial action is set to disrupt operations from Thursday at one of Queensland’s biggest power stations, posing a fresh threat to the east coast’s electricity grid already under strain due to an extended unit closure.

Countries that don’t emulate the US and provide financial incentives to kick-start renewable energy projects risk missing out on billions of dollars of investment, the global boss of UK-listed engineering group John Wood has warned.

Rohan Verma, CEO & MD, MapmyIndia, says “the Mappls app is totally free. We of course have a healthy B2B and B2B2C business to automotive OEMs, corporates, government, tech players, etc. Overall, the company’s in a strong financial position and we are able to offer a free solution that gives to consumers what they want and it complements our paid solutions business.”I have been speaking to some common friends who are big investors in your company. They are of the view that MapMyIndia is at a multi-year cusp of exponential growth. What has changed in the last six months that markets are deriving this kind of confidence?Probably we are a new type of company; we are a deep tech product and platforms digital map-based company and it probably took a little bit of time for both the markets to understand as well as for us to explain what are the different use cases and growth vectors for the company.

NavIC, India's homegrown GPS alternative, is the story of how India changed from a country that depended on others for its crucial needs to the one that is confident of creating a place of its own in the global power hierarchy. With Apple agreeing to incorporate NavIC, or Navigation with Indian Constellation, in its latest iPhone15 smartphones, India has taken an important step towards ‘atmanirbharta’, replacing the GPS (Global Positioning System) of the US which smartphone makers in India mostly use.

Delhi Model Virtual School (DMVS) is redefining the virtual learning experience by not only conducting online classes but also offering students a taste of the traditional school environment. This innovative approach includes morning assemblies organized and led by students, guest lectures emphasizing life skills and humanitarian values, and a diverse range of interactive sessions. Students like Aditi Gupta, a Class X student who joined DMVS in its inaugural batch, praise these assemblies as an improvement over her previous school experiences.

G20 Summit in New Delhi, reflected Ukraine’s wider frustration with India’s position on its war with Russia. Mint takes a closer look at the tensions roiling the India-Ukraine relationship. Podolyak was speaking about the rise of powers such as India and China.

Quordle is an Internet based word puzzle game and is one of the most played online games. Quordle was launched in January 2022 and since then it has gained huge fan base. Quordle is completely ad free and is available at its official website. Quordle is a Wordle inspired game and was designed by Freddie Meyer.Quordle also provides a dashboard of previously played word puzzle challenges for beginners to try their hands on before playing the game live.

Aditya-L1, India's first space-based solar observatory, has begun collecting scientific data, the Indian Space Research Organisation (Isro) announced on Monday morning. The sensors of the Supra Thermal & Energetic Particle Spectrometer (STEPS) instrument have begun measuring supra-thermal and energetic ions and electrons at distances greater than 50,000 km from Earth, the space agency said. This data helps scientists analyse the behaviour of particles surrounding Earth.

Indian students who have been protesting against inflation and are experiencing a housing crisis. The protests started in the second week of September on the campus of Canadore College in North Bay, Ontario. However, three days later, the college administration and students reached an agreement, with the latter promising to take their requests for inexpensive housing into account, according to Indian Express reports.

₹775.00 crore worth Yatra Online IPO will close on Wednesday, September 20. Yatra Online is India’s one of the largest corporate travel service providers and offers integrated travel solutions to corporate clients as well as direct consumers. In the public issue, the company has reserved not less than 75% of the shares for Qualified Institutional Buyers (QIB), 15% for Non Institutional Investors (NII), and 10% of the offer is reserved for Retail Investors.

In addition to ensuring the safety of tap or well water, it's equally important to verify the purity of packaged drinking water. Bottled water is a convenient choice for many, but not all brands are created equal. Here's how you can assess the quality of packaged water:Examine the Label: Start by carefully inspecting the label on the water bottle.

The Chinese central bank has updated its digital yuan app, adding new CBDC-powered features, “service” options, and utilities bill payment functions.

Small Industries Development Bank of India (SIDBI) has announced 100% funding for green and clean projects of MSMEs, marking a significant step towards green financing. SIDBI is the country's primary financial institution for promoting, developing and financing MSME (Micro, Small and Medium Enterprise) sector. “We invite MSMEs to avail of SIDBI’s financial schemes for installing solar energy and adopting energy efficient machineries and business processes. SIDBI extends 100% loans at interest rate as low as 7%-8% depending on the credit rating of MSMEs for installing rooftop and ground mounted solar rooftop power projects.

Parliament which is all set to begin on Monday, the floor leaders of the Indian National Developmental Inclusive Alliance (INDIA) are scheduled to hold a meeting on Monday at the office of Rajya Sabha leader of the Opposition Mallikarjun Kharge in Parliament. The floor leaders of the INDI Alliance will meet before the start of the Parliament special session to chalk out the strategy for the floor of the house. The five-day special session of Parliament is all set to begin on Monday during which the parliamentary proceedings will shift from the old to the adjacent new state-of-the-art building on September 19. Union Minister of Parliamentary Affairs Pralhad Joshi on Sunday stated that the Session will provide 5 sittings spread over a period of 5 days, besides informing that eight legislative items are likely to be taken up during this session. «Parliamentary journey of 75 years starting from Samvidhan Sabha — achievements, experiences, memories and learnings» will also be discussed. On Sunday, Vice President Jagdeep Dhankhar hoisted the national flag atop «Gaja Dwar» of the new Parliament building. Lok Sabha Speaker Om Birla was also present on the occasion.

EarnKaro also provides an avenue for this. Born out of its parent company CashKaro in 2019, EarnKaro enables users to earn a commission every time someone buys something from the user’s Earnkaro links. Founded by Swati Bhargava and Rohan Bhargava, EarnKaro lets users generate a “profit link” from a product deal from any e-commerce sites — Amazon, Flipkart, Myntra, etc. The users can share this link with their friends and family.

Narendra Modi unnecessarily after Chhattisgarh deputy chief minister T S Singh Deo apologised suo motu for complimenting Modi at an event in Raigadh on Thursday. Last week, after sharing the stage with PM Modi, Deo said, "You have come here today to give something. You have given a lot of things to Chhattisgarh.

Global Biofuel Alliance. A total of 19 countries and 12 international organisations have agreed to join the alliance with India, USA, and Brazil, the founding member countries. The alliance is aimed at creating and promoting the adoption of biofuels and expanding bioenergy access across the world.

Additionally, it aims to triple the contribution of renewable energy and invest between AED 150 and AED 200 billion by 2030 to meet the country’s increasing demand for energy owing to its rapidly growing economy.The cleantech landscape in Dubai: Nurturing a green economy Dubai’s rise as a hub for cleantech startups mirrors its ambition to achieve a sustainable and eco-friendly economy. A multitude of cleantech startups are emerging as instrumental players in driving innovation, while aligning with the UAE Energy Strategy 2050.

Conventional BNPL involves a 20-25% down payment, followed by interest-free instalments over weeks or months. However, each BNPL program comes with distinct prerequisites that patrons must fulfil.

Jupiter Life Line Hospitals debuted at a premium of 32.4% over its IPO price at Rs 973 apiece on NSE in Monday's trade. The stock, meanwhile, listed at Rs 960 on BSE, up 30.6%, over the issue price of Rs 735. Ahead of the listing, the stock traded at a premium of Rs 233 in the unlisted market. The Rs 869-crore IPO of Jupiter Life Line Hospitals was subscribed 63.72 times on the last day of the bidding process, led by massive demand from QIBs whose category was subscribed 187 times. The issue, which comprised fresh equity of Rs 542 crore and an OFS of 4.45 million equity shares, was priced in the range of Rs 695-735. The company aims to be debt-free post the IPO.