Provident Financial News

Small-cap funds have been on a roll of late, with the category receiving nearly Rs 18,000 crore of inflows, or 25% of the fresh inflows into actively managed equity mutual funds, in the first half of calendar 2023. 

Mayur Vihar and old Yamuna bridge areas have been sleeping in the open with just a tarpaulin over their heads, defecating in the open and waiting for the water levels to recede. Pointing towards the submerged house under the Yamuna bridge, Seema, a 39-year-old woman, grieved about how her efforts of 20 years went into vain in just three days. «I have been working as a househelp for the last 20 years and spent every penny of my income for my house and my children. The efforts and hard work of 20 years went into vain in just three days,» a tearful Seema said. She claimed that they have received no help from the government except for plastic tarpaulins and a packet of milk and that they were not alerted beforehand about the rising water levels. «Earlier the police used to alert us before floods but this time no one even prompted to move out of our houses and the whole of the slum is submerged in water now. The government says a lot of things but gave us nothing. We only received one tarpaulin and a packet of milk. They came and wrote our names on Saturday, took all details but nothing has been done so far,» Seema told PTI.

NEW DELHI : Indians were over the Moon with the launch of Chandrayaan-3 by the Indian Space Research Organisation (ISRO) on Friday. Since Chandrayaan-2 failed about four years ago, scientists are hopeful that this third lunar mission's lander Vikram and rover Pragyaan will descend softly and safely on the Moon on 23 August.

CUET-UG) paving the way for undergraduate admissions to begin in 249 participating universities. The scorecards students have received have percentiles and “normalized scores", creating confusion about what exactly will decide admissions, and how it has been calculated. HT explains how NTA has scored students, and what will happen next.

Congress in Uttar Pradesh is consistently working for bringing members of minority and backward communities into its fold, party leaders said and highlighted the several outreach programmes, including tea stall meetings and Dalit-Muslim 'sammelans', being held to win back its «traditional voters». The campaigns in the politically important Uttar Pradesh come ahead of the 2024 Lok Sabha polls.

Jammu and Kashmir Manoj Sinha on Saturday inaugurated multipurpose cinema halls in Baramulla and Handwara areas of northern Kashmir reiterating the pledge to set up a cinema hall in every district of the union territory and provide the big-screen experience to the people. Sinha, during the inauguration function at Dak Bunglow of Baramulla said that cinema is returning to northern Kashmir after three decades and movie theatres are a reflection of growing aspiration of J&K. “The 100-seater multipurpose cinema halls at both the locations will provide a big-screen experience.

The Indian Express citing sources, Congress has resolved to recommend a cautious stance to the party leadership regarding the UCC. It has been decided that the party will formulate its position after thoroughly examining the draft Bill, provided the government introduces such legislation in Parliament.  IE further stated that the intention is to adopt a measured and informed approach before declaring the party's official stance on the matter.

In 1991, when India kicked off its economic liberalisation in the aftermath of a crisis, the government requested a committee headed by former governor of the Reserve Bank of India, M Narasimham, to submit a report on banking reforms. The committee’s report outlined the future trajectory of banking in India while making a strong case for limiting the number of large banks to four.

PUBG Mobile. This time, the multiplayer game has received approval from the Indian government, albeit with certain modifications, approximately 10 months ago. Similar to other renowned battle royale titles like Garena Free Fire Max, BGMI developers frequently release redeem codes that grant players access to a wide array of alluring rewards and freebies.

leadership structure. The exact reasons behind this proposal and its implications remain unclear. However, the prominence of Troshev, coupled with his close ties to Utkin, further deepens the intrigue surrounding the Wagner Group and its activities.

Nirmala Sitharaman and the Indian delegation for hosting the G20 ministerial. “I would like to thank Finance Minister Sitharaman and the Indian delegation for hosting the G20 ministerial," she said.

Garena Free Fire Max was introduced in 2021 as an enhanced version of Garena Free Fire. It gained popularity after the previous version was banned by the Indian government. The game developers regularly update these codes on a daily basis.

Bloomberg, the G-7 nations are convening before the Group of 20 meetings in Gandhinagar, Gujarat, with a focus on providing assistance to Ukraine, reforming multilateral development banks, and reevaluating global supply chains. On Sunday, Treasury Secretary Janet Yellen expressed her commitment to collaborating with China on shared areas of interest.

Ahmedabad man has been swindled out of a whopping Rs.51 lakhs by a gang of five individuals who promised him a US visa. The victim, Shailesh Patel — 48-year-old school van driver, lodged a complaint on Friday with the local police detailing the events leading to the deceitful act. The matter is currently under investigation and the police are looking for the modus operandi and the bigger network by interrogative with the culprits. Shailesh has filed a complaint with Navrangpura police, accusing a person named Jaswinder Singh Bajwa and the other four individuals of breach of trust, cheating, and criminal conspiracy. The incident unfolded when Shailesh's brother-in-law, Haresh Patel, who currently resides in Chicago, requested him to assist his friend, Pragnesh Patel, in obtaining a visitor's visa back in December.

From unraveling the significance of options in gauging market sentiment through tools like PCR, option chain analysis, and Max pain, Maya now felt it was the opportune time to acquaint Tara with some commonly employed option strategies embraced by traders. Link to previous article: https://ecoti.in/Vee1AZ «Hey Tara,» Maya said with a warm smile as they resumed their conversation, finding their seats comfortably in the conference room while savouring their freshly brewed cups of coffee, «let's talk about some options strategies! It might sound intimidating, but I promise it's not as complex as it seems. Let's start with covered calls, which is a relatively conservative options strategy.» Tara eagerly nodded, «Sounds great, Maya! Please continue.»Covered Calls: «A covered call is a strategy where you own the underlying stock and simultaneously sell a call option on that same stock.

inflation rate slipped to a more than two-year low, spelling relief for American consumers and moving the Federal Reserve a step closer toward ending an historic cycle of interest-rate hikes. China’s economy continues to struggle, with recent trade figures showing the largest drop in exports since early 2020. Industrial output in Europe remains weak, while strong wage growth in the UK threatens to add to inflationary pressures. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:

Janet Yellen said on Sunday she was «eager» to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered. In remarks prepared for a press conference before a meeting of Group of 20 finance ministers and central bankers in India, Yellen said her visit to Beijing last week helped put the U.S.-China relationship on «surer footing» and that the world's two biggest economies had an obligation to the world «to cooperate on areas of mutual concern».

By David Lawder and Aftab Ahmed

Yellen is back in India for the third time in nine months, this time to meet finance ministers from the Group of 20 nations about global economic challenges like the increased threat of debt defaults facing low-income countries. Yellen will use her time in Gandhinagar to try to foster warming relations between the U.S. and India.

Today, Google Doodle commemorates the birthday of Zarina Hashmi, an influential Indian American artist who would have turned 86 today. The doodle, designed by guest illustrator Tara Anand from New York, pays homage to Hashmi's artistic style by incorporating her signature geometric and minimalist abstract shapes. As per media reports, Hashmi was known for her remarkable sculptures, prints, and drawings.

Belarusian soldiers on a range near the town of Osipovichi in Belarus on July 14. The Belarusian defense ministry that at least some had arrived in Belarus and were instructing local troops, according to Reuters reports.  Belaruski Hajun said, “The convoy headed toward a military base outside Osipovichi, a town 230 kilometers (142 miles) north of the Ukrainian border." Alexander Lukashenko, the authoritarian president of Belarus said at the time that Minsk could use Wagner's experience and expertise, and that he had offered the fighters an “abandoned military unit" to set up camp.  Speaking to the Associated Press, a leader of an anti-Lukashenko guerrilla group said that construction of a site for the mercenaries was underway near Osipovichi.