Provident Financial News

General Pension and Social Security Authority (GPSSA) of the UAE has announced that pension for August 2023 will be disbursed on 25th August for beneficiaries and pensioners. For the month of July, GPSSA disbursed pension of AED 711,323,784, an increase of 8.1% compared to the same month last year, which was AED 657,587,929 in total.

Liverpool and Bayern Munich are against each other in a pre-season friendly match at the Singapore National Stadium on August 2, 2023. Both teams will use the opportunity to assess new signings and gain crucial match minutes ahead of the upcoming season.

Punjab National Bank (PNB) has been urging its clients to update their know-your-customer (KYC) information before August 31, 2023, in accordance with RBI standards. Customers whose accounts have been due for KYC updates have received two notices at their registered addresses and SMS notifications on their registered mobile numbers from the bank, as per a PNB press release issued on August 2, 2023.

Crypto exchange Coinbase’s CEO Brian Armstrong and former head of Twitter – now X – Jack Dorsey, highlighted the potential and future of Bitcoin’s Layer 2 (L2) payment protocol, the Lightning Network.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

The Cardano price has inched up by 0.5% today, reaching $0.306274 as the cryptocurrency market enjoys a similarly modest rise in the past 24 hours.

August has a history of being a somewhat quiet month in the financial world.

Tata Motors dealerships have started accepting pre-orders for the upcoming Punch CNG variant unofficially, reported HT Auto. To secure a booking, customers need to pay a token amount of ₹21,000. The Punch CNG model was initially showcased at the 2023 Auto Expo and is expected to be equipped with the automaker's twin-cylinder technology.

₹2.41 trillion in pensions to more than 65.74 lakh beneficiaries, including 20.93 lakh family pensioners in fiscal year 2022-23, Union Minister Jitendra Singh said in a written reply in Lok Sabha on Wednesday. Pensions were disbursed via the Central Pension Accounting Office for civil pensioners, Office of Controller General of Defence Accounts for defence pensioners, Department of Telecommunications for telecom pensioners, Railway Board for railway pensioners, and Department of Posts pensioners. An estimated 7,80,509 pensioners and 3,61,476 family pensioners received a total of ₹40,811.28 crore.

Are you an NRI looking to park your funds for stable returns in India? Although there are many options to invest your money, however, if you are looking for good returns without risks, then you can opt for a fixed deposit instrument specifically meant for NRIs.

National Pension System (NPS) subscribers can choose the pension scheme and Annuity Service Providers (ASPs) of their choice at no extra fee or charges, according to a recent clarification issued by Pension Fund Regulatory and Development Authority (PFRDA).

Add-on insurance covers make overall health protection plans more comprehensive and help protect the policyholder and his family from financial hardship in case of a medical emergency. Important health insurance riders include those for critical illness, hospital cash accidental injury and maternity coverage .

7th Pay Commission Dearness Allowance Hike Latest News (August 2, 2023): The month of August is here and the Central Government Employees are eagerly waiting for the announcement of the new Dearness Allowance rate. While the Government is expected to announce the new DA rate by next month, we look at the latest AICPI-IW data which serves as a deciding factor in DA rate calculation.

Online e-commerce sale: E-commerce company Amazon India on Wednesday announced its Great Freedom Festival ahead of this year’s Independence Day. The sale will be live from midnight August 4 till August 8. The sale will list products by small businesses, artisans & weavers, women entrepreneurs, startups, and local neighbourhood shops, along with the larger brands on the platform. 

The interest rate for Public Provident Fund (PPF) scheme is stuck at 7.1% since April 1, 2020. While the Government has revised the interest rates of several small savings schemes in three years, it has kept the PPF interest rate unchanged.

Before the last date to file ITR without any penalty, more than 53 lakh new taxpayers filed their Income Tax Returns for AY 2023-24, according to data shared by the Income Tax Department.

Relative Strength Index (RSI) is one such powerful tool that helps gauge a stock's momentum and potential trend reversals. On August 1, StockEdge reported 25 stocks trading in the overbought zone but with declining RSI, indicating a bearish move. From this list, ETMarkets has handpicked 10 such stocks to explore further.

international flights. But do you need that much time for connections between international flights? Layovers of just 30 minutes can be feasible for domestic flights, especially at small airports where the next flight might be just one gate over. But international layovers are typically far more complicated, and even two hours can be insufficient. Here’s how to book flights with an international layover, and how much time you really need.WAYS TO BOOK A FLIGHT WITH AN INTERNATIONAL LAYOVER Let’s say you’re flying from Houston to Hanoi, Vietnam. There might be no direct flights between those two cities, but you could get there via layover. The most common, least risky way to book international flights necessitating a layover is by searching for flights between your departure and arrival cities. Even with no nonstops available, the airline automatically determines your layover and puts both flights on one reservation. This strategy is ideal for a few reasons:

Jess Search, a known name in documentary filmmaking, passed away on July 31, 2023, in London. She was 54. Jess Search was the co-founder of the Doc Society, which was formerly known as BRITDOC. She had been diagnosed with brain cancer and succumbed to the illness. An MBA from Cass Business School, Jess Search also co-founded Shooting People, a network of independent filmmakers. Jess Search’s death was announced by Doc Society in a statement on August 1. The statement said that she had “died peacefully”, surrounded by her partner Beadie Finzi and their children Ella and Ben.

Nykaa, Rail Vikas Nigam, Zydus Wellness, GlaxoSmithKline Pharmaceuticals, HCL Technologies, and LTIMindtree showcased strong performance in their respective sectors. Let's explore the performance of these stocks. (Data Source: StockEdge)1. Indian Energy Exchange Indian Energy Exchange operates a leading power trading platform and has surpassed its 20 SMA, which was at Rs 123.93, with a closing price of Rs 127.4.2. NykaaFSN E-Commerce Ventures (Nykaa), an emerging player in the e-commerce sector, has crossed its 20 SMA, which was at Rs 144.54, with a closing price of Rs 147.8.