Provident Financial News

27.08 / 05:51
Provident Mobile DAL performer voice social Nuh Violence: ‘No Jal Abhishek Yatra’, Haryana CM Khattar bans processions; asks people to visit temples instead
Nuh violence, said the state police and administration have taken a decision that people should go to nearby temples instead of carrying out a procession, according to a report published by the news agency ANI. Addressing an event here, Khattar said, “Looking at the kind of incident that happened there (Nuh) at the beginning of the month, it is the govt’s duty to ensure that law and order in the area is maintained." “Our Police and administration have taken this decision that instead of carrying out a yatra(Braj Mandal Shobha Yatra), people should go to nearby temples and offer prayers. Permission for yatra is denied but people can go and offer prayers in temples as it is Sawan month," the chief minister said.
27.08 / 05:39
Provident ousted Herald Ousted founder accuses Market Herald executives of tanking the company
Jag Sanger, the former managing director of The Market Herald, has accused the major shareholders of the ASX-listed operator of Gumtree, HotCopper and the eponymous financial publication of “shameful” behaviour, denigrating his ousters as a “mid-level accountant” and a “yoga teacher” who have “tanked” the firm.
27.08 / 05:37
Citi Provident Adventure love beautiful Weekend Planning for a long weekend? Here are some best locations in India
long weekend is a great time to either explore or indulge in some rest and rejuvenation. These locations are some of the best ones to visit over a holiday weekend if you're seeking for something to do. Consider Kerala's Munnar and Alleppey if you want a combination of a hill station and a beach. Travellers can see the well-known tea estates, the Mattupetty Dam in Munnar, the Alappuzha Lighthouse, and enjoy a houseboat stay in Alleppey in just four days. Coorg in Karnataka Bangalore city is around a seven-hour journey from Coorg or Kodagu, commonly referred to as the Scotland of India.
27.08 / 05:37
COST UPS Provident Progressive Gap Circle rates in Delhi to be hiked by 35%? Work in progress to redraw proposal
Delhi government's plan to revise circle rates of residential and commercial areas in the capital is back on the drawing board, reported TOI. According to officials the previous plan prepared by the revenue department proposing the creation of sub-categories in A to H categories of residential areas with multiple slabs of circle rates was returned by the finance department with certain objections and suggestions. «We have decided to carefully study the suggestions and rework our proposal,» said a senior revenue department official. «Since there is a big gap in the existing circle rates and the market rate at which the sale and purchase of properties take place, we will propose a hike of up to 35%. But based on the feedback received from the stakeholders, we will also consider downgrading or upgrading the categories of certain colonies based on their location, facilities and existing market rates,» the official said. Circle rates, or minimum rates for valuation of land and immovable property in the national capital, were last hiked for residential areas in all existing categories in 2014.
27.08 / 04:43
Provident Digital Platform Instagram audience social Explainer Explainer: What SEBI’s proposed rules for finfluencers mean for retail investors
SEBI) seeks to curb the association of registered intermediaries and regulated entities with such influencers to safeguard investors from any material risks and losses. The capital market regulator has been talking about finfluencers and the potential risks they pose by intervening in the investment decisions of investors at various forums. So let’s understand a bit more about “finfluencers” and the regulations proposed by SEBI to mitigate their influence on Dalal Street investors.Who are Finfluencers?As per the ‘Guidelines for Influencer Advertising in Digital Media’ released by the Advertising Standards Council of India, an ‘influencer’ means someone who can affect such audiences who purchase decisions or opinions about a product, service, brand,etc.
27.08 / 04:35
Provident Airlines Assurant Parke Pride Delhi airport fully equipped with ample parking space for aircraft: DIAL
Delhi International Airport Ltd (DIAL), spearheaded by the GMR Group, revealed on Saturday that airlines have submitted requests to cancel 80 departing and an equal number of arriving domestic flights spanning three days starting September 8 for the G20 Summit to be held in the national capital. The Delhi airport operator also emphasised that the airport is well-prepared, boasting abundant aircraft parking space to accommodate the needs during the summit duration. «We take immense pride in India's role as the host of the G20 Summit 2023. Current news on cancellation of flights has no linkage to parking of aircraft.
27.08 / 04:35
Citi Provident Nikkei Celebrity show country Kimchi, sausage & tempura: How 1980s Chennai became a hub of culinary & cultural diversity
Chennai in the 1980s might have seemed an unlikely place to sample kvass and kimchi. Yet for one evening every year the Russian drink brewed from bread and the spicy fermented Korean cabbage was available to anyone willing to buy them for the benefit of charity. August 22 marks Madras Day, when the city was founded in 1639. It has grown from a one-day event to a full month celebrating the city’s often overlooked past.
27.08 / 04:35
COST Provident Target Manufacturing Enterprise social EV infrastructure may be included under priority sector lending
electric vehicle (EV) infrastructure within the priority sector lending category, a senior official said Saturday, a move that would come as a boost for the sector. «We have received a representation to include EV infra in the priority sector. We will look at reworking the priority sector lending (PSL) requirements for banks,» the official said, adding that the issue will be discussed with the Reserve Bank of India (RBI). The power ministry has also written a letter to the Department of Financial Services in this regard, the official said. According to RBI guidelines, it is mandatory for banks to extend 40% of their adjusted net bank credit to the priority sector.
27.08 / 04:27
COST UPS Provident Tesla Qualcomm country What China’s economic troubles mean for the world
reliance on China for revenues. In 2021 the 200 biggest multinationals in America, Europe and Japan made 13% of their sales in the country, earning $700bn. Tesla is more exposed still, making around a fifth of its sales in China; Qualcomm, a chipmaker, makes a staggering two-thirds.
27.08 / 04:03
Provident Twitter Reuters Waters Instagram cover Maui Fires: Firefighters battle raging brush fire as another blaze emerges
AP, this neighbourhood is located just a short distance away from the location that had been recently devastated by fires. Firefighters effectively managed to control the blaze, employing tactics such as helicopter water drops and ground-based hose operations. Also Read: Maui fires aftermath: Concerns over 'climate gentrification' rise in Hawaii John Heggie, a representative from Maui County's Joint Information Center, provided information about the firefighting efforts.
27.08 / 04:03
Provident FIVE SUN Aditya-L1 launch: What is Lagrange point, the location of ISRO's spacecraft on Sun?
Aditya L-1 has reached Sriharikota and is prepared for launch in the first week of September. "After the launch, it will take 125 days from the earth to reach Lagrange point 1 (L1). We have to wait till then," Somnath said.
27.08 / 02:17
COST UPS Provident Target Man Oscar Big job cuts coming to NAB’s markets unit
National Australia Bank is preparing to hand down redundancies to about 10 per cent of the staff manning its 600-strong markets division, Street Talk can reveal.
27.08 / 02:13
UPS Provident Airlines Parke Metro Pride G20 Summit in Delhi: Over 150 flights cancelled at IGI airport from 8-10 Sept: Report
G20 Summit in Delhi in September, several flights have reportedly been cancelled from Indira Gandhi International (IGI) Airport. Around 160 flights have been canceled at Delhi Airport from September 8 to September 10 due to the G20 Summit. Delhi International Airport Ltd (DIAL), which operates IGI Airport, received requests from airlines for cancellation of 80 departing and 80 arriving domestic flights because of the G20 Summit event which is scheduled to take place on 9 and 10 September.
27.08 / 00:41
COST Provident SUN Remark Southern Rocket Science: Chandrayaan-3’s success to provide a shot in the arm for private investments
Chandrayaan-3 touched down on the Moon’s surface last week, joining the US, China and the erstwhile Soviet Union in successfully making a soft landing on the lunar soil. What’s remarkable is that India is the only nation to have landed near the southern pole. This spectacular feat will invigorate the Indian Space Research Organisation (ISRO) to undertake more missions and be counted among the space powers of the world.Cost of the mission One of the most interesting facts about the Chandrayaan-3 mission is its cost. India managed to com
26.08 / 19:31
Provident Microsoft Google Action Assurant Discover services Analysis of Microsoft's Terms and Conditions for AI Services
Microsoft has provided certain guidelines for using its AI services. This article, which was released on July 30, 2023, offers a thorough examination of these agreements, concentrating on crucial elements like reverse engineering, data extraction, restrictions on the use of data, content processing, and third-party claims. The revised terms, which will take effect on September 30, 2023, were examined from a neutral third-party viewpoint.
26.08 / 18:37
Provident Apple social restrictions USTR raises concerns on India’s import restrictions on tablets, PCs
US Trade Representative (USTR) Katherine Tai on Saturday raised concerns related to India’s import licensing requirements for technological equipment during her meeting with commerce and industry minister Piyush Goyal. The two ministers agreed to explore this issue further and find a solution that addresses both countries’ concerns, commerce and industry ministry said in a statement. “She noted that there were stakeholders that needed an opportunity to review and provide input to ensure that the policy, if implemented, does not have an adverse impact on US exports to India,” USTR office said in a statement. India on August 3 restricted imports of these devices and put them under license regime. In a message on social media network X (formerly called Twitter), Goyal said he held a bilateral meeting with the US counterpart Tai.
26.08 / 16:01
UPS Provident country Risk of existential viability of Earth has to be kept above business viability: Uday Kotak
New Delhi: Kotak Mahindra Bank Chairman Uday Kotak on Saturday pitched for businesses to finance climate transition with the government supporting them in terms of gap-funding. Stating that the risk of existential viability of the Earth has to be kept above the business viability, Kotak said businesses need to go beyond capital which expects returns and opt for capital that is ready to take losses. «We are dealing with two counter forces.
26.08 / 15:15
Provident Waves Ripple Action Instagram controversy FIFA suspends Luis Rubiales amid controversy over Jenni Hermoso kiss after Women’s World Cup victory
FIFA's Disciplinary Committee has taken the decision to provisionally suspend Luis Rubiales, the head of the Spanish soccer federation (RFEF), for a period of 90 days. This move comes in the wake of an escalating controversy following Rubiales' actions involving player Jenni Hermoso after Spain's triumph at the Women's World Cup. The incident has caused an uproar, leading to Rubiales' suspension and a series of consequential reactions within the football community.
26.08 / 14:39
Provident SEC Mobile voice social Updates NOT Nuh violence: VHP says ‘permission not required for religious rally’, Sec 144 imposed | Top updates
Punjab, Delhi, Uttar Pradesh, Rajasthan and Chandigarh, Kapur said the administration has denied permission for the Shobha Yatra due to a meeting of the G20 Sherpa Group, scheduled to be held in Nuh during 3-7 September -The Nuh authorities had recently denied permission to hold the religious procession on August 28 after an earlier one in July was disrupted following communal violence -On Saturday VHP leader Dr Surendra Jain said that ‘no permission is required for religious rally’ on the party's call for ‘Shobha Yatra’ in communally afflicted Nuh district in Haryana. “Permission for religious rally is not required...The administration comes forward and extends support for the religious rally." Jain said.
26.08 / 14:39
UPS IPO Provident Enterprise band show IPOs week IPOs Next Week: Rishabh Instruments IPO to Mono Pharmacare IPO; 4 new issues, 6 listings to keep primary market buzzing
IPOs Next Week: The primary market witnessed some major listings in both main board and SME IPOs this month, which kept investors engaged with subscriptions and listings. Moving on, the upcoming week sees the end of August and the start of the new month, which is similarly packed with new listings and IPO issues, that are available for subscription.
26.08 / 14:37
COST Provident Gap Enterprise social inclusion Govt considering inclusion of EVs in priority sector, to help increase funding access
New Delhi: The government is considering a proposal to include electric vehicles (EVs) in priority sector lending category, a senior official said on Saturday. «We have received a representation to include EV in priority sector. We will look at reworking the priority sector lending requirements for banks,» the official said adding the issue has to be discussed with the Reserve Bank of India. As per RBI guidelines, it is mandatory for banks to extend 40 per cent of their adjusted net bank credit to priority sector. Currently, seven sectors — agriculture, Micro, Small and Medium Enterprises (MSME), export credit, education, housing, social infrastructure, and renewable energy — are considered for priority sector lending (PSL).

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