Provident Financial News

Reliance AGM today: Mukesh Ambani in his speech at the AGM announced that Jio AirFiber will be launched on the occasion of Ganesh Chaturthi on 19 September. Reliance AGM Meeting LIVE Updates Reliance Jio, on Monday, announced the launch of its new AirFiber services. With this, the company plans to provide 1,50,000 conenctions per day.

China is set to lift the requirement for incoming travelers to provide a negative COVID-19 test result starting Wednesday. This move marks a significant milestone in the country's efforts to ease the stringent virus-related restrictions that have been in place since early 2020. The announcement was made by Foreign Ministry spokesperson Wang Wenbin during a briefing on Monday.

layoffs in 2022, according to data from AltIndex.com. However, it also creates an opportunity for companies with long-term plans to recruit and retain top talent. Tushar Dhawan, Partner, Plus91labs believes that it's crucial for corporations to adopt proactive measures in retaining talent during the challenging scenario of layoffs across the world.

Relative Strength Index (RSI). This crucial indicator offers insights into the momentum and strength of a stock's price movement, aiding investors in making informed decisions. The RSI is a technical indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in a stock.

free grains program well into next year’s national election season, according to people familiar with the matter, a move likely to support Prime Minister Narendra Modi’s reelection bid for a third term. The proposal involves continuing a $24 billion program by another six months to June 2024, said the people who asked not to be identified as the discussions are private. A final decision will be taken by Modi’s office in the coming months, they added. The extra cost is expected to be nominal and can be met through this year’s budget allocation, the people said.

Relative Strength Index (RSI). This article aims to shed light on the significance of RSI and its role in assessing stock movements, with a special focus on stocks currently trading in the overbought zone. The RSI is a technical indicator that evaluates the magnitude of recent price changes to determine whether a stock is overbought or oversold.

Modi government, during which nine lakh jobs were given to the country's youth.

Maggie Beer Holdings’ new chief executive says the gourmet food producer will be able to withstand lower consumer spending after posting a drop in sales and cutting the value of its gifts and hampers business.

Chennai airport. As per a TOI report, the man, identified as Solomon Martin Luther, had just deboarded the flight from Mumbai and was walking along the aerobridge when he suddenly collapsed.

iPad Pro. While the iPad Pro has seen minor enhancements in processing power, display quality, and camera capabilities since 2018, Bloomberg's Mark Gurman suggests a substantial transformation might be on the horizon. Gurman's Power On newsletter highlights Apple's intentions to provide the iPad Pro with a significant update, potentially one of the most substantial in over ten years.

The New Indian, Narayanan also reacted to the war of words between the Bharatiya Janata Party and the Congress over PM Modi's announcement to name the touchdown point on the lunar surface as ‘Shiv Shakti’. The grand old party had even accused PM Modi of ‘stealing credit’ for the Chandrayaan-3 mission. “You may not like the PM, it's your problem.

In a shocking incident that has taken the Dolphin Hotel in Pembroke Dock, Wales by surprise, a British couple recently carried out a brazen theft, making off with a collection of items worth Rs 20,770. The audacious act, characterized by their unusually friendly demeanor, has left the hotel owner stunned. The proprietor of the Dolphin Hotel, Natalie Newton, was left astonished as she discovered the aftermath of the theft. The couple's boldness was evident as they shamelessly took away various items from their hotel room, leaving no trace of remorse.

Axis Bank has reduced the fixed deposit interest rate on one tenure by 10 basis points (bps) for amounts below Rs 2 crore. The new FD rate is effective from August 28, 2023, according to the Axis Bank website. The bank has reduced 10 bps on tenure of 2 years to less than 30 months from 7.20% to 7.10%. After the revision, Axis Bank offers interest rates between 3.5% and 7.10% on tenures ranging from 7 days to 10 years. Previously, the bank had reduced 10 bps on tenure of 16 months to less than 17 months on tenure from 7.30% to 7.10% on August 18, 2023.

SINGAPORE — Southeast Asia's fourth largest bank OCBC suffered a short outage on Monday that affected its digital and card banking channels.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

Despite historical differences and opposition to t... moreDespite historical differences and opposition to the Taliban, India has been providing humanitarian relief to Afghanistan even after the Taliban's takeover.

covid-19 pandemic and legal complexities raised by various stakeholders. In October 2020, the Murari Lal Jalan-Kalrock Capital consortium emerged victorious in the bid, earning approval from the Committee of Creditors (CoC) and the NCLT. Their revival plan involves injecting ₹475 crore within the first two years and raising ₹125 crore through the sale of non-core assets by the end of the first year.

The Online Nutritional Delivery Control (ONDC) ini... moreThe Online Nutritional Delivery Control (ONDC) initiative, while aiming to regulate and monitor the food delivery sector, is unlikely to directly kill established players like Zomato and Swiggy.

financial inclusion. Emerging markets need to get the same access to global financial markets as the rest of the world, economist and former World Bank official Vera Songwe said on Saturday. “We're not getting the equity investment that is needed in the global economy because of a flight to safety,” she said, while speaking at the B20 India Summit being held in New Delhi from August 25-27.

Nirmala Sitharaman on Monday said Jan Dhan Yojana-led interventions and digital transformation have revolutionised financial inclusion in the country, as more than 50 crore people have been brought into the formal banking system with cumulative deposits surpassing Rs 2 lakh crore. On the ninth anniversary of the Pradhan Mantri Jan Dhan Yojana (PMJDY), which is one of the biggest financial inclusion initiatives in the world, Sitharaman in her message said 55.5 per cent bank accounts have been opened by women, and 67 per cent have been opened in rural/semi-urban areas. Under the scheme, the number of bank accounts grew 3.4-fold from 14.72 crore in March 2015, to 50.09 crore as on August 16, 2023. Total deposits too have swelled from Rs 15,670 crore as of March 2015, to over Rs 2.03 lakh crore as of August 2023. The average deposits in Jan Dhan accounts have increased 3.8 times from Rs 1,065 as of March 2015, to Rs 4,063 in August 2023.

The following list of stocks in the headline index Nifty50 were given a “Strong Buy/Buy” recommendation in the latest Stock Reports Plus report dated August 27, 2023. Analysts’ recommendations are provided using Institutional Brokers' Estimate System (IBES) to provide you actionable insights.