Provident Financial News

11.09 / 04:07
Provident Twitter Celebrity country star Watch: Shaheen Shah Afridi’s heartfelt gesture for new father Jasprit Bumrah, ‘May Allah bless…’
Rain may have dampened the pitch, but it couldn't dampen the spirit of camaraderie between India and Pakistan at the recently postponed Asia Cup 2023 clash in Colombo. Amid the frustration of a game stalled by Sri Lanka's weather, a heartening moment unfolded off the field. Shaheen Shah Afridi, Pakistan's star fast bowler, took time out to extend heartfelt congratulations to his Indian counterpart, Jasprit Bumrah, who recently became a father.
11.09 / 04:07
Citi Provident Parke Metro stage Schools open Bengaluru bandh: Here's what will be open and what will be closed today from schools, private transport to BMTC buses
The Federation of Karnataka State Private Transport Associations in Bengaluru announced a 'bandh' scheduled to start from midnight of September 10 and continue until midnight of September 11. The strike is expected to disrupt transportation services. As a result of this bandh, some schools have already declared a holiday for Monday, according to official sources cited by the news agency PTI.
11.09 / 03:53
Provident BLOCK RIG show country Russian regional vote delivers strong result for Putin amid claims of rigging
Vladimir Putin amidst criticism of vote rigging and Kyiv's push to reclaim its land. The Council of Europe, Europe's leading rights group, called the week-long vote a flagrant violation of international law, and Kyiv and its allies say it was an illegal attempt to tighten Moscow's grip over regions in Ukraine's south and east. The overwhelming vote across Russia and in the annexed regions for the dominance of Putin's United Russia party has delivered on the Kremlin's long-repeated domestic message that Putin is by far the strongest guarantor of stability. But in the regions voting, electoral competition was limited, as strong candidates, including some from Russia's main opposition Communist Party, were blocked from running by authorities.Stanislav Andreychuk, co-chair of Golos, a voter rights' group designated a «foreign agent» by the Russian government, said instances of vote rigging in many parts of the country showed that «these are not real elections». Andreychuk said his organisation had received reports of opposition candidates being detained, having their cars vandalised, and, in one case, military draft papers being served to election observers. «They are doing some absolutely unthinkable things», he said. The Kremlin says opinion polls and numerous election wins show that Putin is by far the most popular politician in Russia and that elections are free and fair.MAJOR PARTIES LOYAL TO PUTINAll significant, legal political forces in Russia, including the patchwork of opposition parties that provide a semblance of competition at the polls, are broadly loyal to Putin and his 18-month-old war in Ukraine. Across the country, United Russia won every provincial governor's race it contested. Among the regional chiefs
11.09 / 03:53
Provident Landmark Entertainment show Power Big movers on D-Street: What should investors do with Tata Power, Shemaroo Entertainment and Landmark Cars?
Stocks that were in focus included names like Tata Power, which rose 2.16%, Shemaroo Entertainment, which fell 5%, and Landmark Cars, whose shares jumped 12.53% on Friday. Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today.Tata Power — BuyThe counter has recently experienced a breakout pattern on both the weekly and daily charts, showing significant technical strength. The weekly chart revealed an inverse head and shoulders pattern with notable volume in the shoulders, while the daily chart exhibited a breakout from a cup and handle formation. This overall structural setup remains appealing, particularly because the counter is currently trading above essential moving averages. Additionally, the MACD (moving average convergence divergence) indicator is confirming this strength, and the momentum indicator RSI (relative strength index) is also in a positive position. Looking ahead, the immediate obstacle for the counter stands at Rs 300. If it surpasses this level, there is potential for further upward movement, possibly exceeding Rs 300. On the downside, it's important to recognize that Rs.
11.09 / 03:53
UPS Provident MET Digital Extreme Oracle Mantra Looking for a multibagger? Puneet Khurana shares success mantra for finding one
“I might sound very conservative in my thinking here, but how I think about a multibagger is a 25% CAGR for about 5 years’ time which is a 3x in 5 years,” says Puneet Khurana, CIO & Fund Manager, Stoic Investment Managers. In an interview with ETMarkets on the sidelines of Investing Accelerator Summit 2023, Khurana said: “In our experience and corroborated from our research, that you increase the odds when you are in the 3000-15000 crore market cap space with companies having strong historical fundamentals, exciting valuation zones and growing companies” Edited excerpts:Multibaggers no matter how much/many someone wants – it will never be enough. Why is finding a multibagger tough for retail investors? In a way, this question is ironic. In the sense that by the very definition of “Multibagger”, it is not just about finding the right stock but riding through the journey that a stock takes on its way to be a multibagger.
11.09 / 03:13
Citi Provident FIVE Assurant Parke Traffic Updates Bengaluru bandh LIVE Updates: Karnataka govt makes arrangements to tackle bandh; traffic police issues advisory
Bengaluru Bandh LIVE Updates: The Federation of the Karnataka State Private Transport Association has called a bandh today i.e. on 11 September. The Bengaluru Bandh begins on Sunday Midnight and will continue till Monday midnight.
11.09 / 02:37
Citi Provident Parke Traffic Karnataka Traffic police issues advisory for 'Bengaluru Bandh' today
Bengaluru traffic police has issued a traffic advisory for the public to plan accordingly after Karnataka State Private Vehicles Owner Association's call for 'Bengaluru Bandh' on Monday. «There might be disruption in operation of taxis, maxi cabs, private buses and auto rickshaws. Therefore, all road users are advised to use alternative roads and plan their travel accordingly,» the advisory stated. As per the advisory, the police have asked the public to avoid KG Road, Sheshadri Road, GT Road and roads around Freedom Park and Majestic Bus stand. «Vehicle coming from RR Junction towards Khodays circle: move towards to Krishna floor mill and proceed towards Malleshwaram.
11.09 / 02:09
UPS Provident Chandrababu Naidu Arrest: From home-cooked food to special room, Court grants THESE amenities to ex-Andhra Pradesh CM
Chandrababu Naidu who was sent to judicial custody till September 23, is getting amenities including home-cooked food, medication, and a special room in jail. These facilities have been granted to the TDP chief by a court. An ACB Court directed the superintendent of Rajamahendravaram Central Prison to accommodate 73-year-old Naidu separately in view of the purported threat to his life.
11.09 / 01:57
Citi Provident FIVE Action Assurant ‘Bengaluru Bandh’ today! Karnataka's transport unions call for strike, govt on alert | 10 points
Karnataka Transport Department has made arrangements in order to tackle the Bandh called by the private bus, taxi, and auto unions, said Transport Minister Ramalinga Reddy. 1) Lakhs of private vehicles including autos, taxis, maxi cabs, goods vehicles, and corporate buses could stay off the roads on Monday, making commuting difficult for school students and office-goers, among others, PTI reported. 2) An alternative plan has been made so that there is no problem for the public on Monday.
11.09 / 01:57
Provident love Celebrity country ‘Give away Gandhi title’, Assam CM Sarma slams Rahul Gandhi, terms Gandhi family ‘Sardar of duplicate’
leadership. Also Read: ‘Congress uses India and Bharat as per its political convenience’: Assam CM Himanta Biswa Sarma "Kamakhya corridor will come into reality in the next two years. Only because of PM Modi, the Delhi declaration happened amid Ukraine, Russia war.
11.09 / 01:57
Provident Reuters Southern SPY country cover NOT Joe Biden says China not in a position to invade Taiwan; here’s why
Joe Biden engaged in talks with Chinese Premier Li Qiang at the G20 summit held in New Delhi. This marks the most senior-level interaction between the US and China in nearly 10 months. Li Qiang stood in for President Xi Jinping, whose absence at the summit raised eyebrows.
11.09 / 01:37
Provident PPF withdrawal: Eligibility, documents needed and process explained
Provident Fund is a tax-exempt saving scheme with the potential to create wealth over the long term. Here are the key processes for withdrawal from the PPF.Eligibility Partial withdrawals are allowed only after seven years from the end of the financial year in which the first deposit was made. PPF subscribers can make one partial withdrawal per year.
11.09 / 01:37
Provident FIVE SUN NIFTY show performer Benchmarks List of equity mutual funds that beat their market benchmarks regularly
This statistic is available for 125 funds, and of these, 114 have maintained a beta of less than one in the past year, indicating lower NAV fluctuations compared to the market benchmarks (on an average). Close to 70% of such funds have generated positive alpha (higher than expected returns) in the past year. The data has been sourced from ACE MF database and is based on 1 September 2023 NAVs.
11.09 / 01:37
Provident Lowe's Why emergency fund is a must for self-employed and freelancers
Saksham’s problem is not inadequacy of funds, but availability, when needed. The solution is to create an emergency fund and set in place a long-term saving and investment plan. The creation of an emergency fund has to be done on priority, given his irregular cash flow and large EMI obligation.
11.09 / 01:37
Provident BLOCK Shell exclusive Ex-Andhra CM Chandrababu Naidu moved to Rajamundry Central jail
Telugu Desam Party (TDP) chief N Chandrababu Naidu reached Rajamundry central jail in the early hours of Monday after being remanded to judicial custody in a corruption case. According to the police, the former CM has been allotted an upper block in Sneha Wing of the jail to reside until further procedure alongside prisoner number 7691. The TDP chief's son Nara Lokesh and other party leaders also reached the central jail. East Godavari district police have imposed a prohibitory act in Rajamundry to maintain law and order in the area. Heavy police security has already been deployed at Rajamundry Central jail prior to the former CM's remand. A state bandh has been called by Telugu Desam Party (TDP) over the arrest of party chief on Monday. Naidu was sent to judicial custody till September 23 by the Anti-Corruption Bureau (ACB) court in Vijayawada in connection with an alleged Skill Development Corporation scam. Chandrababu Naidu was arrested by the Andhra Pradesh Criminal Investigation Department (CID) on Saturday in connection to an alleged corruption case. The case pertains to the establishment of clusters of Centers of Excellence (CoEs) in the state of Andhra Pradesh, with a total estimated project value of Rs 3300 crore, as per the officials. The agency officials also claimed that the alleged fraud has caused a huge loss to the state government in excess of Rs 300 crores. As per the CID, the investigation has revealed serious irregularities such as before any expenditure by private entities, the then state government provided an advance of Rs 371 crores, representing the entire 10 per cent commitment by the government. Most of the money advanced by the government was diverted to shell companies through fake invoices,
11.09 / 01:27
Provident BLOCK Platform ICO performer star As PEPE Takes a Downturn, Will Investors Buy This Rising Crypto Star
The crypto market is widely known for rapid surges, unexpected downturns, and occasionally, breaches of trust. Recent events surrounding PEPE coin have thrown the crypto community into a state of flux. While these events are concerning, they have inadvertently shifted the spotlight to a new ICO: InQubeta ($QUBE). As we dissect PEPE's fall from grace, let’s first dive into why QUBE is the new favorite among investors.
11.09 / 01:27
Blockchain UPS Provident Digital NFT CEO Casio the Latest Japanese Firm to Enter NFT Arena – More to Follow?
Japan’s Casio has become the latest megabrand to take the NFT plunge with the release of “Virtual” G-Shock tokens based on its popular watches.
11.09 / 00:03
UPS Provident Platform Enterprise country After four years and a polish, Adamantem puts Legend Corp up for sale
Four years after taking Legend Corp off the ASX, private equity outfit Adamantem Capital is placing the electrical and industrial distribution platform play up for sale, bringing on Miles Advisory to pitch the restructured business to trade buyers.
11.09 / 00:03
Provident Amazon Strategy Toyota ANZ performer ANZ declares victory in turnaround of its institutional bank
ANZ has highlighted rising returns within its institutional bank as evidence of its turnaround, as well as the potential for higher earnings from its more focused strategy, which is prioritising payments and transaction banking services for large companies over lending to them.
10.09 / 23:05
Provident Digital Progressive Action Align country Crypto industry reacts as FATF Travel Rule comes into effect
The new rules could require UK based crypto asset businesses to withhold some crypto transfers. If an inbound payment is received by a virtual asset service provider (VASP) from a country that has not implements the new rules, the VASP is required to make a risk based assessment around whether to make the assets available to the recipient.

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