Provident Financial News

₹50-75 for each cancellation, and this rebate should be provided to the affected passenger. These changes would take effect once the government approves them, reversing the current practice where passengers are charged for cancellations, HT reported. The committee, led by retired bureaucrat Sudhirkumar Shrivastava, also proposed that taxis be given a maximum of 20 minutes to reach the pickup point, with fines imposed for delays.

The Bitcoin Cash price has risen by 15% in the past 24 hours, with its jump to $219.44 following yesterday's news that Grayscale has won a court appeal against the Securities and Exchange Commission.

Fixed deposits have long been a popular investment choice for risk-averse investors. A variation of this traditional financial instrument is known as special fixed deposits. These deposits offer unique features and potential benefits.

In India, the life insurance industry is rapidly growing, and in 2027, it aims to reach INR 14.5 trillion. This growth is driven by a number of factors, including increasing awareness of the importance of financial planning, rising disposable incomes, and the growing popularity of digital channels.

Online insurance players may be the first to face the heat after Jio Financial Services’ proposed foray into the insurance space. Jio Financial Services will foray into the insurance space to offer life, general and health insurance products “through a seamless digital interface”,  Mukesh Ambani told shareholders during  Reliance Industries’ annual general meeting.

The substantial impact of achieving financial independence on personal economic well-being is exerting a profound influence on India’s economy. As a rapidly developing nation with a burgeoning middle class, nurturing financial independence among its citizens is anticipated to play a pivotal role in fostering sustainable economic progress.

Income Tax rules for property purchased in wife’s name: Tax liability arises when you sell a flat at a higher price or when you rent it out to a tenant. In the hope of reducing such tax liability, many people tend to buy a house property in the name of their spouses. However, this trick to save tax doesn’t work as per the rules.

Achieving your travel goals while safeguarding your investments demands a blend of prudent financial management and strategic travel planning. Begin by setting clear priorities, outlining both your investment objectives and desired travel experiences. Create a dedicated travel fund within your budget, ensuring a steady allocation from your income.

Good news for air passengers! Kempegowda International Airport Bengaluru’s (BLR Airport) Terminal 2 (T2) will commence its international operations from August 31 onwards. The first international flight is all set to take off from Bengaluru Airport tomorrow. 

SBI Life – Smart Annuity Plus Plan provides individuals with an option to pay once and achieve financial independence by receiving a pension at pre-determined intervals. However, getting adequate monthly income from this scheme comes at a cost. Let’s see how much amount a person, who has reached the retirement age of 60 years, will need to pay to get Rs 1 lakh/month and Rs 50,000/month under various options provided in this scheme.

The location of any business is far more important than, say, the size or the interior of the shop. The reason is obvious — it is the place that is more likely to be frequented by the people than, say, a place that might be good otherwise but does not have anything attractive for the people.

By Shalini Sharma

By 2047, India’s real estate sector is estimated to expand to $5.8 tn, contributing 15.5% to the total economic output, while the residential market has a potential to generate an output equivalent of $3.5 trn in 2047, according to the Knight Frank-NAREDCO India Real Estate-Vision 2047 report released recently.

Axis Bank Infinity Savings Account Fees and Details: Axis Bank has launched a first-of-its-kind new savings account – ‘Infinity Savings Account’ – with an aim to cater to digitally savvy customers, who are frequent adopters of subscription-based models.

Relative Strength Index (RSI) stands as a beacon among these indicators, shedding light on the momentum and potential shifts in stock prices. RSI, a technical oscillator, is widely used by traders and analysts to gauge whether a stock is overbought or oversold, helping to predict potential price reversals. The RSI operates on a scale of 0 to 100, measuring the speed and change of price movements.

Washington | Australian tactical boat builder The Whiskey Project (TWPG) is seeking to raise $20 million for an expansion into the US to buildhighly specialised craft for US defence force use in shallow waters.

Rahul Gandhi who arrived in Bengaluru ahead of the launch of the scheme transferred the amount into the bank accounts of the beneficiaries of Gruha Lakshmi Yojana, through direct benefit transfer (DBT). The scheme was out at a public function in Mysuru in the presence of state Chief Minister Siddaramiah and Congress national president Mallikarjun Kharge among other senior leaders of the party. While addressing the event, the Congress MP said, “Before the elections, Congress party had made five promises to Karnataka.

bank loan scam. A TV channel recently showed clips of the Wadhawan brothers enjoying various privileges in the guise of medical check-ups at government hospitals in Mumbai, while being in judicial custody. The Wadhawan brothers are currently lodged at the Taloja prison in neighbouring Navi Mumbai.

Tim Goyder, Chalice Mining’s largest shareholder, says a slump in the critical minerals explorer’s share price is an overreaction by a market that wants “a bed of roses” and needs to “get real” about long-term value.

A father of two who was jailed for contempt of court by federal judge Salvatore Vasta during a divorce case has been awarded $309,450 in damages – the first time a judge has been successfully sued in Australia.

AAP) spokesperson Priyanka Kakkar on Wednesday said she would want party convenor and Delhi Chief Minister Arvind Kejriwal to be the alliance's prime ministerial candidate. Speaking to on Wednesday, Kakkar said, «If you ask me, I would want Arvind Kejriwal to be the Prime Ministerial candidate (of the Opposition alliance).» She added that the AAP convenor has been highlighting issues of the public and has emerged as a credible challenger to Prime Minister Narendra Modi's hold on the country's highest office. «Be it the PM's academic records or qualifications or any other issue, Arvind Kejriwal has been putting across his views boldly on myriad subjects,» Kakkar told ANI. However, even as her remark threatened to rock the Opposition boat ahead of the Mumbai meeting, which kicks off later on Wednesday and will carry over into Thursday, the AAP leader said INDIA was working to steer the country in a new direction. She claimed that even amid the rising prices of essential commodities and food items, the national capital has the «lowest» inflation. «Our government provides free water, free education, free electricity, free bus rides for women, and free pilgrimage for the elderly.