Provident Financial News

online gaming companies are likely to be brought under goods and services tax when the GST Council clarifies the rules on August 2, officials said. The move is aimed at bringing both overseas and domestic online gaming companies that accept and make payment in VDAs such as cryptocurrency under GST, they said.

(Reuters) — The U.S. Food and Drug Administration has approved the prescription-free sale of the second opioid overdose reversal drug, its manufacturer Harm Reduction Therapeutics said on Friday.

Netball World Cup 2023 begins this Friday i.e. July 28 and sixteen teams are ready to hit the court in Cape Town. It will run through August 6 (Sunday).

Square Enix announced that Dawntrail will mark Final Fantasy XIV or FF14’s fifth major expansion. This announcement was made during the Final Fantasy XIV Fan Fest keynote during the American Leg at Las Vegas alongside a brief introduction trailer. The trailer provided a re-introduction to the main characters of the series, who are seen exploring a tropical island referred to as Eorzea's «New World.» It appears that the Scions, after their tireless efforts to save existence, are now taking a well-deserved break and engaging in treasure hunts while relishing the breathtaking scenery and immersive experiences of this uncharted territory.

Morgan Stanley is selling Gradifi Solutions, a student loan benefits provider, to workplace savings fintech Vestwell.

According to the CoinGecko report, the entire cryptocurrency market saw a slight increase of 0.14%, with the total market cap rising from $1.238 trillion on March 31, 2023, to $1.240 trillion on June 30, 2023. This period was characterized by a consolidation of gains, following the exuberance of Q1

By Hannah Lang

Delhi High Court to recover $5 billion from Reliance Industries (RIL) and Shell-owned BG Exploration & Production India in a dispute over cost recovery provisions and reimbursement of royalties and taxes related to Panna-Mukta & Tapti (PMT) gas fields. A division bench led by Justice Suresh Kait sought a response from RIL and BG Exploration on the government's appeal alleging that the two companies have been «withholding unlawfully significant amounts of public money (exceeding approximately $5 billion) which have already become due and payable» in terms of 2016 final partial award, one in a series of such awards passed by an arbitral tribunal.

By Michael S. Derby

By Carolina Mandl

Manipur's Moreh which witnessed heavy firing between security forces and miscreants. A senior official in the state government said, «additional forces were rushed but women protesters blocked the movement of security forces after a report of alleged assault on two women. The state government is sending more forces as there are inputs that armed people from Myanmar have sneaked in.» Moreh, just 4 km to the west of Myanmar's largest border town Tamu, saw largescale violence on Wednesday and Thursday.

Bengaluru: Real estate contracting and advisory firm ArisUnitern plans to raise ₹350 crore through the alternative investment fund route this year, marking its foray into the real estate alternative financing segment in the country. The proposed fund, which will have a green shoe option of ₹100 crore, will be used for last-mile funding of residential projects. «We have already applied for the approval with the Securities and Exchange Board of India (Sebi) and are awaiting their reply,» said Srinivas Gopalan, chairman at ArisUnitern.

Manchester United's tour of the United States will come to a close with a match against Borussia Dortmund on this Sunday. While Erik ten Hag's team began their time in America with a victory against Arsenal, they faced defeats against Wrexham and Real Madrid. Pre-season results may not hold too much significance, but Erik ten Hag will be eager to secure a win against a prominent opponent before concluding their time overseas. In terms of team news, Andre Onana is likely to continue in the lineup after making his debut against Real Madrid. Manchester United is expected to field a strong team around him, although there is some uncertainty about Anthony Martial's availability. For Dortmund, Marcel Sabitzer, the former United midfielder, might make his first appearance for the club.

By David Lawder and Jorgelina do Rosario

Two related stories hit my desk this week, both about the perils of wokeism and increasing backlash against diversity, equity and inclusion (DEI).

Mint reported on 26 June that BPEA EQT was a shortlisted bidder for this stake. Jimmy Mahtani, partner and co-head of BPEA EQT India, said: “This investment aligns with EQT’s commitment to investing in companies that address critical societal needs and have the potential to impact people’s lives for the better." “Partnership with BPEA EQT is the beginning of a new phase of sustainable growth for Indira IVF. Starting from a single clinic in Udaipur to becoming the largest provider of assisted reproductive technology (ART) services in India today, Indira IVF’s journey has been a remarkable success story.

₹33,000 crore fund, created by pooling money from mutual funds’ debt schemes, aims to provide liquidity to debt schemes during periods of market stress. The AMC Repo Clearing Ltd (ARCL), on the other hand, is a limited-purpose clearing corporation backed by Sebi and funded by asset management companies.

Advanced Micro Devices (AMD), which designs but doesn’t manufacture its own chips, will invest about $400 million in India over the next five years to expand research, development and engineering operations in the South Asian nation, Mark Papermaster, executive vice president and chief technology officer said on Friday. “I am pleased to announce that AMD will invest approximately $400 million in India over the next five years," he said. Making the announcement at the Semicon India 2023 conference, the top executive said that AMD will build a new campus in Bengaluru which will be AMD’s largest R&D facility in the world.

New Delhi: The government pressed ahead with its legislative agenda in the monsoon session of Parliament, getting Lok Sabha approval for the Mines and Minerals (Development and Regulation Amendment) Bill, 2023 which seeks larger participation of the private sector in mineral exploration and production, including that for sought-after lithium. The reform initiative in the Bill brings lithium out from the list of restrictive atomic minerals where permission to mine could only be granted by the Centre to government companies.

When the Associated Press was negotiating an agreement to license its content to generative-AI company OpenAI, the newswire giant had a hesitation: What if another publisher comes along and strikes a more lucrative deal? The AP built in a first-mover safeguard, often referred to as a “most favored nation" clause, that gives it the right to reset the terms if another company gets a better deal from OpenAI, according to people familiar with the agreement. News organizations are still in the early stages of evaluating generative AI tools from companies including OpenAI, Microsoft and Google, which are trained on vast amounts of internet data, including news articles. Several publishers are seeking payments for the use of their content.

Cape Cod as a prominent global destination for great white sharks. In a first-of-its-kind research endeavor, the team estimated that approximately 800 white sharks ventured into Cape waters between 2015 and 2018, marking a significant revelation for North Atlantic Ocean scientists.