Provident Financial News
22.08 / 08:25
UPS
Provident
Waters
Align
cover
NLC India completes diversion of Paravanar River course
New Delhi: NLC India Limited has completed the Paravanar River course diversion project, providing flood defence and agricultural prosperity to the region. The Paravanar River previously posed a threat to villages and agricultural lands in its path due to its temporary alignment near Mine-2's cutting face.
22.08 / 08:09
COST
Provident
Highways
performer
country
star
Standard
India gets its own NCAP rating for vehicle safety standard
New Delhi: The government will launch the Bharat New Car Assessment Programme (B-NCAP) in October to assess the safety of new vehicles. The programme will assign star ratings based on a vehicle's performance in crash tests similar to global NCAP and European NCAP, ultimately improving road safety in the country. Minister for Road Transport and Highways (MoRTH) Nitin Gadkari, while announcing the launch of B-NCAP on Tuesday, emphasized the importance of safer vehicles in India, where there are 5 lakh accidents and 1.5 lakh deaths annually.
22.08 / 08:09
Provident
Target
Google
Browser
Linux
Inside
electronic
Warning
Government has a warning for Google Chrome users: Details inside
Google Chrome users. This government agency operates under the Ministry of Electronics and Information Technology. In a recent advisory, CERT-In highlighted critical vulnerabilities within Google Chrome, prompting an urgent call for users to promptly update their web browsers.
22.08 / 07:47
UPS
Provident
XRP
Progressive
CEO
Platform
Bitcoin
Crypto Price Today: Bitcoin holds above $26,000; Shiba Inu, Polygon shed over 4%
The speech will provide a chance to give his latest views on whether more policy tightening will be needed to bring down inflation amid surprisingly strong economic growth, or if enough progress on disinflation has been made to hold rates steady. Other top crypto tokens, BNB (3.5%), XRP (1.6%), Cardano (3.4%), Solana (2.7%), Polygon (4.8%), and Shiba Inu (4.6%) were also trading lower on Tuesday. Meanwhile, the global cryptocurrency market cap declined 0.76% to around $1.05 trillion.
22.08 / 07:47
Provident
exclusive
Bank locker: What is the difference between supplementary locker agreement and revised locker agreement?
locker agreement, so users of lockers will need to sign a new contract with their individual banks. The RBI has set December 31, 2023 deadline to execute revised locker agreements, in a staggered manner. The revised guidelines are applicable to both new and existing safe deposit lockers and the safe custody of articles facility, as per revised RBI guidelines You might need to sign and submit an updated locker agreement once again if you had submitted an altered bank locker agreement on or before December 31, 2022. If you are new locker holder or already own a locker, here are some of the agreements every locker holder must know, according to the Bank of Maharashtra website.What is Locker Agreement?
22.08 / 07:35
Provident
Lowe's
Action
Why HDFC Bank Stock Could Be a Sell
largest private-sector bank in India. Known for its comprehensive range of banking and financial services, it has earned a reputation for its customer-centric approach, innovative solutions, and robust technological advancements. Over the years, HDFC Bank has consistently demonstrated its commitment to excellence, setting high standards within the banking industry and playing a pivotal role in shaping the financial landscape of India.
22.08 / 07:17
COST
Provident
Manufacturing
performer
India in a sweet spot; current high inflation could be transient, says Rahul Singh of Tata Mutual Fund
Rahul Singh, CIO-Equities, Tata Mutual Fund, in an interview with Mint. He added that slower urban consumption contrasts rural recovery. He also shared his views on rate cuts by the RBI and the IT sector.
22.08 / 07:07
UPS
Citi
Provident
Digital
Manufacturing
Remark
show
Staffing demand jumps 23 per cent in April-August ahead of festivals, shows Quess data
retail, telecom, among others, strengthened their hiring drives to meet the increase in consumer demand during the upcoming festive season, according to the latest data from leading business services provider Quess. About 32,000 jobs were posted in this period considering the BFSI, retail, and telecom sectors, the data showed. Job roles such as production trainee, branch relationship executive, collection officer, business development executive, broadband sales executive, sales executive, warehouse associate, and customer relationship officer have seen an increase in demand this season. “Despite inflation and profitability pressures, segments such as manufacturing, BFSI, and retail have reflected remarkable growth,” said Lohit Bhatia, President- Workforce Management, Quess. “As many as 32,000 jobs were posted in this period, and we expect this trend to magnify each month by at least 5,000 as we inch closer to peak festivities, especially across industries impacted by direct consumers such as e-commerce, logistics and automobiles,” he added. The manufacturing & industrial segment has noted a 245% growth in demand for professionals over the period April-Aug 2023 (as compared to April-Aug 2022). The automobile manufacturing sector is witnessing an uptick in recruitment, especially in the context of EV manufacturing to meet the consumer demand expected due to the Diwali festivities. The BFSI industry noted a 27% increase in demand for manpower ahead of the festivities, followed by telecom (14%). Telecom has undergone massive digitization efforts with the launch of 5G which has led to considerable job creation in the industry.
22.08 / 07:07
UPS
Citi
Provident
BLOCK
Enterprise
band
Jio may launch fixed wireless access device for retail users at 20% discount to market rates
Reliance Jio, India’s telecom market leader, may launch its fixed wireless access (FWA) device offering – Jio AirFiber — for the consumer market in the festive quarter at an up to 20% discount from the current options in the market, industry executives and analysts said. This will be the first mainline effort by Jio to monetise 5G after the data top pack it introduced early this year. “We should hear the announcement during the upcoming AGM (annual general meeting). Traditionally, Jio has launched new products with big bang offers and this may be no different,” said a person in the know. Jio did not respond to queries sent on the matter by ET at press time. The telco is said to have started consumer trials across cities where its 5G rollout has completed and stabilised. It has also sent out devices to selected users, including employees, for testing in the home environment in preparation for the launch, those in the know added.
22.08 / 06:45
Provident
Citizens
NOT
If your PAN-Aadhaar are not linked will your salary get credited in your bank account?
If an individual’s PAN was not linked with Aadhaar by June 30, 2023, then their PAN will be classified as ‘inoperative’. According to income tax rules, an inoperative PAN is the same as an individual not having a PAN. Hence, an individual will not be able to quote PAN, wherever it is mandatory such as for the opening of a bank account, investing in bank FDs etc. If your existing PAN has become inoperative, then you may have questions about banking transactions. For instance, will an inoperative PAN impact credit of salary in a bank account? Will it have an impact on the issue or usage of debit or credit cards? ET Wealth Online spoke to different banks on issues an individual may have with an inoperative PAN. Here is what they had to say.
22.08 / 06:39
Provident
Moon
Agency
Japan's space agency to launch XRISM and SLIM moon Sniper spacecraft on 26 August. All you need to know
Also Read: Explained: Why is the world running to explore 'dark side of the Moon’? XRISM is a joint initiative of NASA and JAXA. The ambitious mission of the two international space agencies will study the universe’s hottest regions, largest structures, and objects with the strongest gravity. Whereas, JAXA's SLIM aims to demonstrate accurate landing techniques by a small explorer.
22.08 / 06:25
Facebook
Provident
Platform
Luna
show
exclusive
Chandrayaan-3 set for historic lunar landing on August 23. Know when and where to watch live telecast
Also read: Chandrayaan-3 Update: Three days to landing on Moon; ISRO shares timing. See here The live coverage of this historic event is scheduled to commence on August 23, 2023, at 5:27 PM. Viewers can watch the soft landing live on various platforms, including the ISRO Website, ISRO's YouTube channel, ISRO's Facebook page, and DD National TV channel as well as National Geographic TV channel.
22.08 / 06:25
Facebook
UPS
Provident
Twitter
Google
Garena Free Fire Max redeem codes for August 22, 2023: Get daily rewards
Garena Free Fire Max, introduced in 2021 as an upgraded version of Garena Free Fire, gained popularity following the ban of the previous version by the Indian government. The game developers frequently update these redeem codes on a daily basis. Players can visit a dedicated microsite to redeem the available codes.
22.08 / 06:25
Provident
PINK
Glacier
BGMI redeem codes for August 22, 2023: Win free weapons, rewards and other gifts
BGMI swiftly gained popularity. This time around, the multiplayer game received approvals from the Indian government around 10 months ago, albeit with specific modifications.
22.08 / 05:39
UPS
Provident
Waters
Action
Strategy
Remark
SC to set up panel to study 'carrying capacity of overcrowded' hill stations in Uttarakhand, Himachal, other states
Uttarakhand, Himachal Pradesh, and other Himalayan states. As per a TOI report, a panel of experts, consisting of individuals with expertise in environment, hydrology, ecology, and climate studies from government institutes will evaluate the «carrying capacity» of these hill stations that have been grappling with a spate of natural disasters like landslides and flash floods. The decision comes in response to a Public Interest Litigation (PIL) filed by Ashok Kumar Raghav, represented by counsel Akash Vashishtha.
22.08 / 04:37
COST
UPS
Provident
BLOCK
Small caps Rox, Battery Age, Pantera and Ecofibre rattle the tin
Fund managers were assessing four capital raisings on Tuesday morning as a trio of ASX-listed explorers and a traffic management operator entered trading halts.
22.08 / 04:35
UPS
IPO
Provident
Strategy
band
performer
Aeroflex Industries IPO opens. Should you subscribe to the issue?
Analysts gave a thumbs-up to the issue as it offers a favourable risk-reward ratio for long-term investors, given its unique business model, decent return ratios and margins. «We are confident that Aeroflex Industries will deliver consistent performance and provide an excellent investment opportunity for investors with a long-term horizon,» said Profitmart Securities. The company, which is backed by marquee investor Ashish Kacholia and others, plans to raise Rs 351 crore at the upper price band of Rs 108. Aeroflex Industries is a market leader in the field of metallic flexible flow solutions, offering a comprehensive range of products including corrugated stainless steel hoses and interlock flexible metal hoses. The company has grown at more than 37% revenue CAGR in the last three years, operating at more than 4.85 times asset turnover, over 20% EBITA margins and generating approximately 32% ROCE. «Aeroflex Industries has exhibited impressive financial growth and established strong client relationships, holding a dominant market position in India. With the support of seasoned promoters, prominent HNI investors, and a forward-looking strategy, it is excellently poised for enduring success within the burgeoning flexible flow solutions sector,» said AUM Capital. The IPO, with a face value of Rs 2 per equity, is priced in the range of Rs 102-108.
22.08 / 04:35
UPS
Provident
Lowe's
Progressive
Waters
band
country
How satellites are helping farmers adapt to global warming
In France, global warming has been wreaking havoc on this ancient equation for some time. Wine-growing regions across the country have seen seasons truncated—the harvest date in the Châteauneuf-de-Pape appellation, one of the most prized, has moved up almost three weeks since 1960.
22.08 / 04:31
UPS
Provident
Apple
iPhone 14 Plus at a discounted price of ₹72,999 on Flipkart. Should you buy?
₹72,999 on Flipkart. The iPhone 14 Plus was launched at a starting price of ₹89,990 last year and can now be availed at a significantly lower price with additional benefits on exchanging your old smartphone. The iPhone 14 Plus has been listed for a price of ₹76,999 on Flipkart for the 128 GB version .
22.08 / 04:03
UPS
Provident
Cooper
Parke
stage
country
Indian
Uzbekistan’s economic stability provides immense opportunities for Indian investors
Uzbekistan – has been maintaining stable economic growth and the re-election of President Shavkat Mirziyoyev has provided tremendous opportunities for prospective Indian investors in the resource rich country. Several sectors in Uzbekistan are open to foreign investments and India is one of the sought after partners. Regular flights between Delhi and Tashkent could further contribute to growth momentum of the Uzbek economy.
22.08 / 04:03
COST
IPO
Provident
ETF
Action
businesses
Indian
etmarkets
ETMarkets Smart Talk-New-age businesses are key for growing Indian markets and economy: Prashant Bisht
“We agree that new-age businesses are key for growing the Indian markets and economy,” says Prashant Bisht, Deputy CIO at True Beacon. In an interview with ETMarkets, Bisht said: “India is home to 108 unicorns, and almost 60% of the firms were established in the past few years; these firms are collectively valued at over $340 billion and have made sizeable contributions to the economy” Edited excerpts:Market seems to be consolidating after hitting record highs. What is your take on markets? Indian markets (i.e., NIFTY50) have been scaling new highs every month since the close of March 2023.
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