Provident Financial News

02.09 / 07:57
Provident SUN Corona Solar Aditya L1 Launch: ‘India continues its space journey’, PM Modi, Amit Shah, and others congratulate ISRO on Solar mission
Narendra Modi on Saturday extended greetings to the team of ISRO scientists and engineers who were involved in the successful launch of the Aditya-L1 mission. PM Modi also said that India continues its space journey after Chandrayaan-3. In a post on X, PM Modi said, “After the success of Chandrayaan-3, India continues its space journey.
02.09 / 07:39
Provident Strategy Align show performer stage cover alternative investments play How alternative investments play an important role in portfolio resilience
Alternative investments can play a crucial role in enhancing portfolio resilience. These investments offer unique benefits that can help investors navigate market volatility and achieve better risk-adjusted returns. Here's how alternative investments can enhance portfolio resilience:Portfolio Diversification: Diversification is the key component of alternative investments' contribution to portfolio resilience.
02.09 / 07:39
Provident Aware track pension Portal How to track higher EPS pension application status on Member Sewa portal
EPS higher pension was July 11, 2023. The EPFO had provided an online link on the Member Sewa portal for eligible employees to apply for higher EPS pension. A member who meets the eligibility criteria can visit the portal to apply, irrespective of whether the EPF account is held with the private trust or EPFO.Who is an eligible employee to apply for higher EPS pension? The Supreme court in its judgement has specified which category of employees can apply for the higher EPS pension. As per the judgement, an employee is eligible for higher EPS pension if: Member of EPS and/or EPF on September 1, 2014 and continued to remain the same after. Retired prior to September 1, 2014 and was making higher contribution to their EPF account. However, their higher EPS pension request was rejected by the EPFO.
02.09 / 07:37
Provident Strategy stage asset allocation strategies Investment tips: In your 30s or 40s? Age-based asset allocation strategies to grow your money
equity funds. “If you want to limit the risk associated with equity markets, investing in ULIPs could be considered," said Agarwal “As you enter your forties, you may begin to rebalance your portfolio to incorporate a somewhat greater proportion of more stable investments, such as bonds. While equities can still play a substantial role, the portfolio should become more balanced as retirement approaches to limit possible volatility," said Gupta.
02.09 / 06:35
UPS Provident SUN Corona week Top news this week: From Aditya L-1 mission to Reliance AGM 2023 and more
Aditya L1 onboard PSLV C57 commenced on Friday, ISRO said. The Sun Observatory mission will be fired from the second launch pad from Shriharikota at 11:50 am today. Aditya L1 is designed to provide remote observations of the Solar corona and conduct in-situ observations of the Solar wind at L1 (Sun-Earth Lagrangian point), which is about 1.5 million kilometers from the Earth.
02.09 / 06:35
Provident Aware cover Can SBI deduct payment for insurance? Check what State Bank of India says
savings account had been debited for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) without his permission. Taking to X (formerly Twitter), he posted, “I haven’t given permission or signed any form still my account has been debited for PMJJBY.
02.09 / 06:03
COST Citi Provident social Pakistan caretaker PM calls inflated electricity bills "non-issue"
Pakistan Caretaker Prime Minister Anwarul-Haq-Kakar called the matter of inflated electricity bills, which have led to the countrywide protests, a «non-issue», Dawn News reported on Saturday.Kakar also said it was raised by some political parties and was a «tool» in their election campaigns. «It is not a very serious issue, but political parties are in election mode and using it as a social cause,» the interim prime minister told senior journalists and news anchors on Friday. «I realise their position. If I were to contest the election, I would have followed the same as well,» he added. As per the Dawn News, the caretaker PM also claimed that the security forces are not using a single unit of free electricity and are paying their bills with the allocated financial budget. He added that the Wapda employees were using free electricity units and their usage would be rationalised, especially for higher-grade officers, some of whom are getting huge amounts of free electricity. More people are joining the nationwide protest every day against excessive electricity prices.
02.09 / 05:55
UPS Provident Citizens end SBI WeCare special FD for senior citizens with higher interest rate will end soon; check details
This special FD aims in protecting income of senior citizens by providing additional interest on their term deposits. It was introduced in the year 2020.Interest Rate According to the SBI website, “Additional premium of 50 bps (over and above existing premium of 50 bps) over card rate for Public i.e., 100 bps over card rate for Public.”Payment of Interest Term Deposit — At monthly/ quarterly interval Special Term Deposit- On maturity Interest, net of TDS, shall be credited to Customer Account Special Term Deposit, interest is paid on maturity, net of TDS, shall be credited to customer account.
02.09 / 05:17
UPS Provident SUN Corona country Solar Aditya-L1 Launch: ‘Historic moment for India’, says Astronaut Chris Hadfield on ISRO's Solar mission
India's Solar mission Aditya-L1 is all set to be launched today, Saturday, September 2. Speaking to ANI, Hafield said, “So when we put something like Aditya L-1 up there in between us and the Sun to sense those things, to better understand how the sun works and the threats that it has to the earth, it's good for everybody for protecting us as people." “But also, of course, our electrical grid, our internet grid, and all of the thousands of satellites that we count on that are up in orbit.
02.09 / 05:17
Provident Waters DISH love show Janmashtami 2023: Dos and don'ts to follow while observing the fast
Sankalpa (Pledge): Begin your fast with a sankalpa, a solemn pledge, affirming your complete devotion to Lord Krishna. Chant the name of Lord Krishna throughout the day. Pre-fast Meal: Have a pre-fast meal on Janmashtami to support your digestive system and provide the necessary strength for the day ahead.
02.09 / 05:17
Provident Citizens SUN Corona cover Aditya L1 Launch today: BM Birla Planetarium to live-stream the launch of India's space mission in Hyderabad
Aditya L1 LIVE Updates Citizen who want to watch the joyous moment can visit the BM Birla Planetarium on Saturday. Other than the live telecast of the space launch, a science talk on the ‘Sun and Aditya-L1 mission’ will also be held, Director of BM Birla Science Centre and Planetarium K G Kumar said on Friday. Also read: ISRO chief shares update on India's upcoming missions, says ‘After Aditya L1, our next launch is…’ "An open house quiz on ‘Our Sun’ is also scheduled to be conducted at 12 pm tomorrow.
02.09 / 05:17
Provident FIVE SUN star exclusive Solar elon Aditya-L1 to study solar storms that destroyed Space X satellites. What is Elon Musk's Solar mission connection?
Aditya-L1 mission, called Visible Emission Line Coronagraph (VELC), according to a report published by MoneyControl. In an exclusive interview with MoneyControl, IIA Director Annapurni Subramaniam said the question that arises here is how the sun affects things in space as people are highly dependent on space technology. “You must know that Musk's Starlink satellites were disrupted last year.
02.09 / 03:03
UPS Provident banking system 93% of ₹2,000 banknotes returned to banking system since withdrawal announcement: RBI
₹2000 banknotes that were in circulation on May 19 have been returned to banks. The ₹2,000 banknotes in circulation as of August 31 stood at ₹0.24 lakh crore, RBI said in its circular on the status of withdrawal of ₹2000 denomination banknotes. The total value of ₹2000 banknotes in circulation was ₹3.56 lakh crore at the close of business on May 19, 2023 - when the RBI decided to withdraw the banknote.
02.09 / 03:03
Provident SUN exclusive Solar ‘Aditya-L1 will provide data on visible…’: Prof Jagdev Singh on India's Solar mission
Aditya-L1 spacecraft, was developed as a result of Singh's initial efforts, according to a report published by Hindustan Times. In 2012, it was decided that India's first dedicated mission to study the Sun would be inserted in a halo orbit around the L1 (Lagrange Point-1) which is around 1.5 million km from the Earth, Jagdev Singh told HT in an exclusive interview. According to Singh, the Aditya-L1 spacecraft will be able to study various aspects of the Sun including temperature plasma, and prediction of the exact time and speed of the coronal mass ejection (CME) through continuous observations.
02.09 / 03:03
UPS Provident Lowe's Citizens end Your PPF, SSY, Post office deposits, other small savings schemes may get frozen by end of this month. Here is why
Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Post office deposits, and other small savings schemes must submit their Aadhaar number to the post office or bank branch by the end of this month. Missing this important deadline will result in getting their small savings investments frozen. PAN and Aadhaar number has become mandatory for making investments in small savings schemes like PPF, SSY, Senior Citizens Saving Scheme (SCSS), etc.
02.09 / 03:03
Provident FIVE SUN Corona star Solar Aditya-L1: ISRO's solar mission set to launch today from Sriharikota after Chandrayaan-3 success. Key highlights
Aditya-L1 mission: The Indian Space Research Organisation (ISRO) is set to launch the solar mission, Aditya-L1 today following successful Chandrayaan-3 lunar mission. Chandrayaan-3's Vikram lander soft landed on the south pole of the Moon less than two weeks ago. Here are the key points for the solar mission: The Aditya-L1 mission is scheduled for liftoff at 11:50 am on September 2, 2023, from the second launch pad at the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.
02.09 / 02:53
UPS Provident Goa government provides additional LPG subsidy of Rs 275 to AAY Ration Card holders: CM
Goa CM Pramod Sawant and Union Minister Shirpad Y Naik launched 'The Chief Minister's Financial Assistance for Refilling of LPG Cylinders Scheme' in Panaji on Friday. On this occasion, Goa CM said, "PM Modi earlier announced providing a Rs 200 subsidy for LPG cylinders. Goa govt has gone a step ahead and given an additional Rs 275 per month for AAY Ration Card holders. Over 11,000 people have AAY (Antyodaya Anna Yojana) Ration Cards. A subsidy of Rs 475 will be provided to them." The CM said that as a Raksha Bandhan gift, PM Modi had announced Rs 200 subsidy and «we have started the distribution under the subsidy from that day itself.» Goa CM further said, «In addition to that getting inspired by the PM we had announced an additional Rs 275 subsidy for the AAY Ration Card holders and today to distribute the sanction letter I have with me Union Minister Shirpad Y Naik, minister Ravi Naik, and others. A subsidy of Rs 475 will be provided to them.» The 'Antyodaya Anna Yojana' (AAY) cater to the poorest of the poor families.
02.09 / 01:45
Provident SUN Solar Aditya L1 Launch FAQ: All your questions about India's maiden solar mission answered
Aditya L1 Launch: Ahead of the launch of India's ambitious solar mission, the whole nation is praying for its success. Meanwhile, scientists at the ISRO space centre are busy with the final preparations before the launch of India's maiden solar mission. Before the spacecraft takes off from Sriharikota space centre, know all about the space launch and India's solar mission here.
02.09 / 01:45
Provident SUN Corona cover Solar Aditya L1 launch countdown begins! When and where to watch live streaming of Solar mission
solar mission Aditya-L1 which is designed to provide remote observations of the solar corona and in situ observations of the solar wind at L1 (Sun-Earth Lagrangian point), which is about 1.5 million kilometres from the earth. It is India's first solar space observatory and will be launched by the PSLV-C57. It will carry seven different payloads to have a detailed study of the sun, four of which will observe the light from the sun and the other three will measure in-situ parameters of the plasma and magnetic fields.

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