Provident Financial News
27.07 / 12:03
Provident
BLOCK
Extreme
COMPOSITE
exclusive
Explainer
Mint Explainer: Govt proposes bigger role for private companies in mining
New Delhi: The union government is pushing through its legislative agenda in the monsoon session of Parliament. It introduced six bills and passed one in the Lok Sabha on Wednesday, and more are likely to be introduced in the coming days. One of the key bills facing Parliamentary scrutiny is the Mines and Minerals (Development and Regulation Amendment) Bill, 2023.
27.07 / 12:03
COST
Provident
Progressive
Action
Fine
compliance
Delhi HC slaps ₹1 lakh fine on restaurant associations for non-compliance of service charge directions
₹1,00,000 on the National Restaurant Association of India (NRAI) and the Federation of Hotel & Restaurant Associations of India (FHRAI) to pay as costs for non-compliance of service charge directions issued on 12 April. The court has directed that the costs be remitted to the Department of Consumer Affairs.
27.07 / 11:45
27.07 / 11:31
UPS
Provident
Amazon
Platform
MasterCard
Swiggy HDFC Bank co-branded credit card offers up to 10% cashback. Check details
HDFC Bank and Swiggy have launched a co-branded credit card, which offers up to 10% cashback to customers. The co-branded credit card, the first ever from Swiggy, will be hosted on Mastercard’s payment network.
27.07 / 11:31
UPS
Provident
Booking
pension
Central Govt Pension: Can you change name, surname in Service Book after retirement? PMO replies
The Central Government pensioners (CGPs) can change their name/surname in the Services Book after retirement, Union Minister of State of Personnel, Public Grievances and Pensions and Minister of State in the Prime Minister’s Office (PMO) Dr Jitendra Singh said in a written reply to a query in the Rajya Sabha on Wednesday (July 27).
27.07 / 11:31
Provident
Digital
Platform
Action
country
cover
social
Ensuring Responsible AI Innovation: The case for guardrails for AI adoption in BFSI
In today’s rapidly-evolving digital landscape, artificial intelligence (AI) holds immense potential for the banking and financial services industry. From fraud detection and risk assessment to personalised customer experiences, AI could offer a multitude of benefits.
27.07 / 11:31
COST
Citi
Provident
Entertainment
Align
Parke
place
How to choose the perfect place to live from a personal finance perspective
Choosing a place to live is a significant decision that can greatly impact your personal and financial well-being. It involves considering a wide range of factors, from your budget and job opportunities to the local real estate market and education systems. This article aims to guide you through the process of selecting the ideal location to reside, taking into account various aspects from a personal finance standpoint.
27.07 / 11:31
COST
Citi
Provident
Maxim
Protect your assets from monetary depreciation by investing in commercial real estate
Investing in commercial real estate presents a viable solution for safeguarding your assets against the eroding effects of inflation. With its potential to generate high returns and foster long-term wealth growth, commercial real estate can provide a hedge against rising prices and inflationary pressures.
27.07 / 11:31
Provident
CEO
Platform
Wint Wealth gets Online Bond Platform Provider (OBPP) License from SEBI
Wint Wealth has received the online bonds platform provider (OBPP) license from the Securities and Exchange Board of India (SEBI). This license will enable the Bengaluru-based company to continue facilitating investments in corporate bonds for retail investors.
27.07 / 11:31
COST
UPS
Citi
Provident
Maxim
Enterprise
Shop-cum-Office spaces gain ground in Tier II cities
The emergence of Shop-Cum-Office (SCO) spaces in Tier II cities has indeed transformed the landscape of the ever-evolving real estate market in India. The concept of SCO has gained prominence after the pandemic as it has attracted businesses, provided cost-effective solutions, enhanced convenience, contributed to urban development, diversified the commercial real estate sector, and stimulated economic growth. The novel concept of merging retail and office spaces within a single building or complex enables retailers to maximize their property usage while delivering numerous benefits to customers and businesses. That’s why the demand for SCO spaces are soaring high across India.
27.07 / 11:31
COST
Provident
Aware
Action
electronic
mistakes
Income Tax Return: 10 ITR filing mistakes which can cost you dearly
Filing income tax returns (ITR) can be a daunting task for many taxpayers. However, avoiding the common ITR filing mistakes is essential to ensure a hassle-free return filing.
27.07 / 11:31
Provident
Lowe's
Assurant
Premium
LIC Jeevan Kiran (Plan 870): New Term Insurance Plan – Check Minimum Premium, Eligibility, Benefits
LIC Jeevan Kiran (Plan 870): The Life Insurance Corporation of India (LIC) has launched a new plan named Jeevan Kiran. This is a term insurance plan best suited for working individuals who have dependents (Children, parents) and are looking for a considerable sum of protection against uncertainties of life (death) at fairly low prices.
27.07 / 11:31
UPS
Provident
Manufacturing
track
electronic
$10-billion semiconductor PLI to help India do in a decade what China did in 25-30 years: Rajeev Chandrasekhar
India is on track to becoming a key player in the global semiconductor supply chain in the next decade with USD 10 billion of incentives and assistance provided to encourage local chip manufacturing, Union minister Rajeev Chandrasekhar said on Thursday. The production-linked incentive scheme last year attracted firms like Vedanta and Taiwan’s Foxconn, who promised multi-billion dollar investment in setting up units to manufacture chips, which are used in products ranging from mobile phones to cars.
27.07 / 11:01
UPS
Provident
Booking
performer
Buyback
L&T share buyback will be fully subscribed: CFO Raman
buyback of shares will be fully subscribed as it offers shareholders around 15% premium to the market price, chief financial officer R. Shankar Raman told Mint in an interview. “If you look at various offers that have been put out, they've been between 15 and 20% premium and our assessment of the market is that it is around 15% premium.
27.07 / 10:59
UPS
Provident
Action
stage
country
SC allows extension of ED director Sanjay Kumar Mishra's tenure till Sept 15
Supreme Court on Thursday allowed the extension of Enforcement Directorate Director Sanjay Mishra's tenure until September 15. The Centre on Wednesday moved the apex court seeking ED Director Sanjay Kumar Mishra's continuance till October 15, saying his absence during the ongoing FATF review will adversely impact India's national interests. The Centre also emphasised that Mishra, 63, has been engaged in preparation of documents and fulfilling other requirements for mutual evaluation since the beginning of the year 2020 and, accordingly, his continuation in this arduous and delicate process at this «critical stage» is essential.
27.07 / 10:49
Blockchain
UPS
Provident
Ripple
XRP
SEC
Stellar Price Prediction as XLM Pumps Up 12% – Can Stellar Overtake XRP?
The price of Stellar (XLM) has jumped by more than 12% this morning, with its rise to $0.161942 representing a massive 72% gain in the last 30 days.
27.07 / 10:49
27.07 / 10:39
Provident
LEH
Ladakh: Zoji La tunnel expected to be completed by Dec 2030, say Officials
Zoji La Tunnel, which is said to establish all-weather connectivity between the Union Territories of Ladakh and Jammu and Kashmir, is expected to be completed by December 2030, an army official said on Thursday. Captain IK Singh, office-in charge, of Border Roads Organisation told ANI, «The revised length of the tunnel is 13. 15 km.
27.07 / 10:39
Provident
Twitter
Target
Platform
Action
country
Indian
audit
Delhi High Court calls for periodic audit of safety, security in Indian Railways
Railways, the Delhi High Court said on Thursday, as it asked the state-run transport behemoth to ensure periodic audit of safety measures on trains and at railway stations. The high court's order came while disposing of a petition filed by lawyer Kush Kalra, seeking safety and security measures like baggage scanners, hand-held metal detectors and CCTV cameras at all railway stations in the country and installation of anti-collision devices.
27.07 / 10:39
UPS
Citi
Provident
Metro
Premium
Myntra's premium ethnic wear business growth doubles; metros and tier-1 cities emerge major contributors
ethnic wear category has doubled over the last year with 60 per cent of the contribution coming from metros and tier-1 cities. The company’s premium ethnic wear segment starts at Rs 2500. The ethnic wear category houses more than 3.85 lakh styles from 1000 plus brands, said the company’s statement.
27.07 / 10:39
Provident
Siemens
Manufacturing
Celebrity
performer
Balkrishna Industries, Siemens, 7 other stocks cross 20-day SMA
Balkrishna Industries and Siemens led the way, exemplifying strong performance in their respective industries. Let's explore the performance of these stocks. (Data Source: StockEdge)1. Balkrishna Industries Balkrishna Industries celebrated an upswing as its stock crossed the 20-day SMA at Rs 2393.92 and closed at Rs 2502.35 on July 26.
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