Provident Financial News
12.08 / 12:53
UPS
Provident
Twitter
‘Agenda - To Silence’: Kapil Sibal says new bill allows use of ‘draconian police powers for political ends’
Kapil Sibal on his ‘X’, formerly known as Twitter, post flagged the Bharatiya Nyaya Sanhita Bill, which seeks to replace the colonial-era Indian Penal Code (IPC). Sibal said that the bill allows the use of "draconian police powers for political ends".
12.08 / 12:33
COST
Provident
Divinity
country
PM Modi lays foundation stone, inaugurates development works worth ₹4,000 crore in Sagar
₹4,000 crore in Madhya Pradesh's Sagar, the prime minister's office said. The projects include laying the foundation stone of Sant Shiromani Gurudev Shri Ravidas ji Memorial to be constructed at a cost of more than ₹100 crores, two road projects to be developed at a cost of more than ₹1,580 crores and doubling of Kota-Bina rail route developed at a cost of more than ₹2,475 crores.
12.08 / 12:03
COST
UPS
Provident
Extreme
CEO
HDFC Bank CEO flags funding risk post merger, says net interest margins may get hit
PTI. Jagdishan flagged his concern to the shareholders at its maiden annual general meeting after the merger came into effect on 1 July. He said, "As you know, the risks of the merger are the funding part of it." The HDFC has not been fully successful in getting all the forbearance it had sought from the Reserve Bank of India (RBI) on the liabilities front as of now.
12.08 / 12:03
Provident
Progressive
Strategy
Align
track
voice
concert
biodiversity
Union Minister Yadav advocates biodiversity integration for India's sustainable development
NEW DELHI: During a speech commemorating World Elephant Day, Bhupender Yadav, the union minister of environment, forest, and climate change, as well as labour and employment, voiced support for the incorporation of biodiversity preservation into India's economic progress. This integration, he stated, would be pivotal in maintaining ecological balance and ensuring sustained prosperity. Yadav highlighted India's significant role as the guardian of the world's largest population of wild Asian elephants.
12.08 / 11:57
Provident
NMC
NMC lists therapeutic categories of drugs which can be sold sans prescription
National Medical Commission, in its newly notified regulations, has for the first time provided a list of therapeutic categories of drugs which can be dispensed over the counter without any prescription. However, the list does not provide names of specific drugs. In its 'Regulations relating to Professional Conduct of Registered Medical Practitioners" issued on August 2, the NMC stated that over-the-counter (OTC) drugs are legally allowed to be sold without a doctor's prescription.
12.08 / 10:59
COST
Provident
Manufacturing
NMC
performer
social
NOT
Doctors to be penalised for not prescribing generic drugs, says new NMC regulation
generic drugs, failing which they will be penalised and even their license to practice may also be suspended for a period, according to the new regulations issued by the National Medical Commission. The National Medical Commission (NMC) in its 'Regulations relating to Professional Conduct of Registered Medical Practitioners" also asked doctors to avoid prescribing branded generic drugs. Even though doctors are currently required to prescribe generic drugs only, there are no penal provisions mentioned in the regulations issued in 2002 by the Indian Medical Council.
12.08 / 10:45
COST
Citi
Provident
FIVE
Highways
Maharashtra News: Nitin Gadkari inaugurates Chandni Chowk flyover on Pune-Bengaluru Highway
₹865 crore. Under this project of total length of 16 km, the work of 2.2 km long Chandni Chowk Interchange has been completed. Both sides of the Mumbai-Bangalore highway have 2-lane internal and 2-lane external service.
12.08 / 10:37
Provident
BLOCK
Citizens
Action
Fighting
show
country
Pakistan likely to lose GSP Plus status
Pakistan has reneged on various international agreements that include those relating to good governance, human rights and labour rights, the European Union's (EU) 10-year preferential trade agreement, GSP Plus, may not be extended, according to the Insideover. As envisaged by the Generalised Scheme of Preferences (GSP) scheme, the country has also failed to bring about sustained development and poverty reduction in Pakistan. In the year 2020, 28 per cent of Pakistan's total exports to the EU were duty-free thanks to its GSP Plus status, and 78 per cent of these exports went to the EU.
12.08 / 10:37
UPS
Provident
FIVE
UP govt inks MoU for 5,000 special accommodations at Maha Kumbh 2025
Lucknow: The Uttar Pradesh government has signed an agreement with a private firm for arranging around 5,000 special accommodations during the Maha Kumbh in Prayagraj in 2025, officials said on Saturday. The accommodations would include homestays, bed and breakfast establishments, and paying guest units across major towns and prominent locations throughout the state, they said.
12.08 / 10:23
UPS
Citi
Provident
Landmark
Enterprise
exclusive
independence day
Independence Day: How refugee real estate became Delhi's poshest areas
Pakistan after the Partition, suddenly came to form nearly one-third of the city's population. From Shahjahanabad of Mughal influence, Delhi became a city of Punjabis. Brij Krishnan Chandiwala, a noted Congressman, once wrote to Jawaharlal Nehru about the growing Punjabi population in New Delhi after the Partition, and his concern regarding these outsiders outnumbering the natives of the city, mentions architect and urban designer Prerna Chatterjee in a research paper. “The people of Delhi are living a life of helplessness… They have on their own wiped out their exclusive identity forever… The Delhi residents have become strangers in their own house,” Chandiwala wrote. Nehru wrote back: “Some of the complaints you make are the unfortunate consequences of the Partition…. But Delhi has also become a cosmopolitan city with a large number of foreigners here…” Chandiwalla reacted to this statement, considering the uncertain future these foreign intermixes may call for: “… In this city everyone who resides has come from somewhere else. And over the years they became part of this city. I believe even these people (Punjabi refugees) will one day start identifying their selves as belonging to the city.” Punjabi refugees from Pakistan not only ended up identifying themselves with Delhi but also made Delhi identify with them. The names of many colonies in Delhi such as Kohat Enclave, Mianwali Nagar and Gujranwala Town bear Pakistani imprint, the names of their birthplaces the refugees brought with them. More than Delhi shaping them, they shaped Delhi, because much of the Delhi you notice today is the result of the sweat and spirit of refugee entrepreneurs.
12.08 / 10:01
UPS
Provident
Cooper
Progressive
shootings
Nepal ready to supply tomatoes to India to ease price rise, seeks easier access to market
₹242 per kg has led India to import tomatoes for the first time amid supply disruptions caused by heavy rains. Nepal is keen to export vegetables, particularly tomatoes, to India over the long term. However, this endeavour is contingent upon India providing straightforward market access and necessary facilities, according to Shabnam Shivakoti, spokesperson for Nepal's Agriculture Ministry told PTI on August 11.
12.08 / 08:53
Provident
Booking
Ather 450S vs Ola S1 Air: Here's what you need to know about these two affordable electric scooters
Ola Electric's S1 Air last month, and Ather Energy's 450S just launched in India. Despite their budget-friendly price tags, these two scooters are offering an impressive array of features, making it difficult to choose between them. Here's a comprehensive comparison of specifications and prices for the Ather 450S and Ola S1 Air.Electric Power The Ather 450S is equipped with an electric motor delivering a peak power output of 5.4 kW (7.2 hp), while the Ola S1 Air features a motor producing 6 hp.
12.08 / 08:53
UPS
Provident
Digital
Mobile
Banner
You don’t have to visit bank to update your KYC; how to do it online
KYC) details if you have already submitted the valid documents and have not changed your address. If there is no change in your KYC information, you can submit a self-declaration through email-id, registered mobile number, ATMs, or any other digital channels. In a circular dated January 5, 2023, the Reserve Bank of India (RBI) said, «As per the present guidelines, if there is no change in KYC information, a self-declaration to that effect from the individual customer is sufficient to complete the re-KYC process,” read the circular from RBI dated January 5, 2023.» According to the said RBI circular, banks have “been advised to provide the facility of such a self-declaration to the individual customers through various non-face-to-face channels such as registered email-id, registered mobile number, ATMs, digital channels (such as online banking/internet banking, mobile application), letter, etc., without need for a visit to a bank branch.”
12.08 / 08:53
UPS
Provident
Target
FIVE
country
MSDE to transfer its share of apprenticeship stipend directly to candidates
MSDE) will now transfer its share of apprenticeship stipend directly to candidates, a move aimed at bringing in greater transparency and incentivising individuals to undertake apprenticeship training. The ministry has launched direct benefit transfer under the National Apprenticeship Promotion Scheme (NAPS) on Friday, is bursing Rs 15 crore to 0.1 million apprentices on the first day.
12.08 / 08:15
Provident
CEO
Remark
Deloitte
‘We admit that Rahul Yadav’s 4B Networks was a mistake': Info Edge CEO
Info Edge founder Sanjeev Bikhchandani said that his decision to invest in Rahul Gandhi's realty tech startup 4B Networks was a ‘mistake’, according to media reports. Speaking to analysts here, Bikhchandani said, “We all make mistakes sometimes.
12.08 / 07:43
UPS
Provident
Align
NIFTY
SENSEX
band
week
Buy or sell: Sumeet Bagadia recommends three stocks to buy next week
Buy or sell stocks: Following weak global market sentiments on renewed fear of US Fed rate hike, Indian stock market ended lower on Friday. NSE Nifty lost 114 points and closed at 19,428 levels, BSE Sensex corrected 365 points and finished at 65,322 mark whereas Bank Nifty index went down 342 points and ended at 44,199 levels. Broad market indices fell less than the Nifty even as the advance decline ratio dipped to 0.65:1.
12.08 / 07:43
UPS
Provident
show
open
Portal
Haryana extends Ayushman Bharat scheme to families with annual income up to ₹3 lakh, portal to open on this date
Ayushman Bharat scheme would also be extended to families with an annual income from ₹1,80,000 to ₹3,00,000. In an official statement, Haryana CMO stated that the beneficiary families will be able to avail of benefits by depositing ₹1,500 for which the portal will be opened from August 15, according to a report published by the news agency ANI. So far, as many as 30 lakh families are taking benefit of the Ayushman Yojana, however, eight lakh more families will now be able to avail it, the statement added.
12.08 / 06:59
UPS
Provident
Bharatiya Nyaya Sanhita Bill allows using draconian police powers for political ends: Kapil Sibal
Kapil Sibal on Saturday alleged the Bharatiya Nyaya Sanhita Bill, which seeks to replace the colonial-era Indian Penal Code (IPC), allows the use of «draconian police powers for political ends». He also claimed the government's agenda behind bringing such laws is to «silence opponents».
12.08 / 06:59
UPS
Provident
Adding sweetness to portfolio; 5 stocks from sugar industry with upside potential of up to 35%
The Indian sugar sector has gone through a transformation. From being just a provider of an essential commodity, to being the largest provider of ethanol.
12.08 / 06:59
Provident
MET
Matthews
SPY
country
Dispute growing in Pakistan over authenticity of source document of US media report on diplomatic cable
US State Department spokesperson Matthew Miller during a recent briefing has piqued interest in the question of the purported leak's provenance. US-based news outlet The Intercept, which earlier this week reproduced what it claimed was the cipher in question, said in its report that the document was provided to it by «an anonymous source in the Pakistani military who said that they had no ties to Imran Khan or Khan's party».
12.08 / 06:59
Provident
Ford
CEO
awards
Patrick
Foundations seek to advance AI for good and also protect the world from its threats
Much of the philanthropy is focused on what is known as technology for good or «ethical AI,» which explores how to solve or mitigate the harmful effects of artificial-intelligence systems. Some scientists believe AI can be used to predict climate disasters and discover new drugs to save lives.
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