Provident Financial News
17.08 / 19:09
Provident
Sky News
Correction
The article, Does Bridget McKenzie really have a PhD in constitutional law?, published online on August 17, referred to an appearance by Senator Bridget McKenzie on Sky News with Sharri Markson on Wednesday night.
17.08 / 19:09
COST
UPS
Provident
Extreme
Barrett
Power
Origin’s big power profit leaves price-capped coal supplier fuming
Soaring profits reported by electricity generators like Origin Energy are “extremely disappointing” according to one of the miners forced by government to sell cheap coal to NSW power stations.
17.08 / 18:33
UPS
Provident
Digital
CEO
Platform
stage
Reckitt Benckiser's ex-global CEO Rakesh Kapoor launches India fund
Rakesh Kapoor, former global chief executive of consumer health and hygiene products major Reckitt Benckiser Group Plc (RB), has set up an India-focused fund with a corpus of $100 million (₹830 crore). The new fund, 12 Flags India Consumer Fund, will invest the corpus over the next three years in consumer-focused businesses in their early growth stages, Kapoor told ET.
17.08 / 18:19
Provident
Parke
performer
cover
Returns
Investment Portfolio
How do I ensure better returns from my investment portfolio?
₹25,000. I have ₹30 lakh in a bank fixed deposit, ₹2.5 lakh in a savings account, $65,000 in USD checking account, shares and sovereign gold bond worth ₹10 lakh, mutual funds of ₹21.57 lakh (systematic investment plan of ₹5,000 in SBI Consumption Opportunity Fund, ₹10,000 in SBI Small Cap, ₹2,000 in SBI Magnum Global Fund, ₹1,000 in focused equity fund every month), besides ₹16 lakh in PPF (public provident fund). I also own two flats, one of which is valued at around ₹50 lakh (possession pending), while the other yields a monthly rent of ₹15,000 and is valued at approximately ₹65 lakh.
17.08 / 18:05
UPS
Provident
FIVE
Digital
country
social
Sitharaman urges CAs to adopt carbon, CSR, ESG practices
Finance minister Nirmala Sitharaman has urged chartered accountants (CAs) in the country to familiarize themselves with new-age concepts and areas of accounting and compliance including carbon accounting, CSR (corporate social responsibility) accounting and auditing as well as due diligence related to ESG (environmental, social and governance) to be at par with their counterparts in other nations amid changing global practices and compliance needs. “There are newer areas with which chartered accountants will have to familiarize themselves, especially given global developments, to better advise clients on new greenfield areas.
17.08 / 18:05
Provident
Aviat
Aware
Metro
cover
Inside
Eight key airports need thousands more in staff
NEW DELHI : India’s swelling airports need thousands of additional security and immigration personnel to avoid the kind of crush witnessed at the beginning of the year, an aviation ministry study found. Just eight airports alone need 3,800 more Central Industrial Security Force (CISF) personnel and 440 more immigration staff, found the study, which covered the metro airports in Delhi, Mumbai, Bengaluru and Chennai, as well as airports in Bagdogra, Indore, Jammu and Srinagar.
17.08 / 18:03
UPS
Provident
FIVE
Action
Strategy
Morningstar
House Republicans
House Republicans take anti-ESG campaign to CalPERS
The California Public Employees’ Retirement System has turned over thousands of pages of documents in recent months to Congress as the country’s largest pension fund faces Republican scrutiny for its investment practices intended to combat climate change.
17.08 / 18:03
17.08 / 18:03
Citi
Provident
services
Edward Jones to offer banking services
As players in the competitive U.S. wealth management space look to outflank rivals, Edward Jones is adding the most traditional of financial services to its offering.
17.08 / 18:03
Provident
CEO
JPMorgan
LinkedIn
Exodus
performer
Ex-Wells chief Kowach wants 100 advisors at new firm &Partners
Details are emerging about the new firm, &Partners, that a former head of Wells Fargo Advisors, David Kowach, is looking to soon unveil to the marketplace, including its goal to hire 100 “top performing Advisor Partner teams,” according to a copy of a presentation about the firm obtained by InvestmentNews.
17.08 / 17:55
Provident
Platform
Align
Simulation
cover
What is Homeworkify?
Homeworkify is an AI-powered educational platform that has revolutionized the way students approach learning, homework and academic needs . This article delves into the various aspects of Homeworkify, including its features, impact on education, and more.
17.08 / 17:51
UPS
Provident
Waters
Align
social
Ensure more bang for the CSR buck
CSR funding continues to have two favourites — health and education. According to ET's analysis of new corporate affairs ministry data, in third position now is 'environspend', which has increased by 70% since CSR became mandatory in FY22 and double the amount of FY21, displacing rural development from medal position. Total CSR spending has increased by about 80% since 2014-15, when it became mandatory for businesses above a certain threshold to spend a minimum of 2% of their three-year average net profit towards social causes.
17.08 / 17:31
COST
Provident
country
Assam records one of the lowest inflation rates in the country: CM
Himanta Biswa Sarma said that Assam recorded one of the lowest retail inflation rates in the country. In November 2021 inflation was at 8.3 per cent and July 2023 it was 3.91 per cent.
17.08 / 17:03
17.08 / 16:55
COST
Provident
Ripple
track
Gotthard Rail Tunnel: World's longest, faces months of closure following freight crash
Gotthard Base Tunnel, renowned as the world's longest rail tunnel, has been abruptly shut down for passenger services due to a derailment that occurred earlier this month. Swiss authorities are grappling with extensive damage that is projected to necessitate months of intricate repairs.
17.08 / 16:55
COST
Provident
Celebrity
show
Discounts
A-Level Results 2023: Various restaurants offer freebies and discounts to students. See details
Amid the nerves that come with results day, students are being recognized for their year-long efforts and hard work, regardless of their university plans. Several well-known UK chains are participating in this initiative, providing students the chance to enjoy perks by displaying their results. These offers are also expected to be available for GCSE results on August 24.
17.08 / 16:47
COST
UPS
Provident
Target
Waters
country
‘Use maize instead of grain for ethanol’
Edited excerpts: Do you think the ethanol target can be met? We have made significant progress on ethanol blending after the policy was changed from molasses to direct sugarcane, maize and rice. We have achieved about 11%. Achieving E20 target by 2025 is a challenge but look at in how many years have we come to 11% from 4-5%.
17.08 / 16:41
Provident
Action
Software
Hyundai
TikTok
country
cover
class action
settlement
Judge declines to approve Hyundai/Kia class action settlement, noting weak proposed remedies
A federal judge on Wednesday declined to approve a proposed settlement in a class-action lawsuit prompted by a surge in Hyundai and Kia vehicle thefts, saying it fails to provide “fair and adequate” relief to vehicle owners
17.08 / 16:33
Citi
Provident
Waves
Waters
Extreme
Action
Orange
Schools
Delhi reveals heat action plan: No schools in afternoon, curb on non-essential water use and more
Disaster Management Authority (DDMA) has submitted the heat action plan to the Centre last month regarding the preparedness, information-sharing, and response coordination to reduce the health impacts of extreme heat on vulnerable populations, PTI reported. The pilot project proposes to alter school timings, suspend non-essential water use, provide uninterrupted power supply to health facilities and survey vulnerable locations daily to mitigate the impact of extreme heat on susceptible populations in peak summers. The DDMA also plans to paint roofs in identified areas with white colour to help keep the indoors cooler.
17.08 / 16:33
Provident
Target
Fighting
Celebrity
show
Bears
Beware the three bears now that Goldilocks has exited
reality is that China is unlikely to be a counterbalance to a potential slowdown in developed economies this time, unlike during the 2008-09 global financial crisis. But despite a slowing China, geopolitical risks and adverse climate events are providing a floor for global food and energy prices. The third bear is India’s domestic consumption growth.
17.08 / 16:33
Provident
Digital
Actor
country
Pakistan caretaker PM Anwaarul Haq Kakar's 18-member Cabinet takes oath
Kakar will stay in power till the general elections are conducted and will ensure a seamless transition of power. On Thursday, Pakistan president Arif Alvi administered an oath to the caretaker Cabinet at Aiwan-e-Sadr, the presidential house. According to an official statement, 16 federal ministers and 3 advisers are part of the Cabinet.
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