Provident Financial News

Provident Fund Organisation (EPFO) deadline to apply for higher pension will end tomorrow,  July 11, 2023. EPF subscribers who have still not applied for increasing their pension, should do it as soon as possible. The retirement fund body has already extended the deadline to apply for a higher pension thrice and another extension may not be allowed.

₹5.99 lakh and a top variant priced at ₹9.31 lakh (ex-showroom prices). The Hyundai Exter SUV is the smallest among all Hyundai SUVs in the Indian market and also stands as the most budget-friendly option in its category from the brand. The Hyundai Exter SUV is entering a highly competitive market currently led by the Tata Punch and recently joined by the Maruti Suzuki Fronx.

Hindustan Times report cited.  While details of the defense deals remain undisclosed, it is understood that India and France will sign a defense-industrial roadmap aimed at enhancing India's manufacturing of hardware platforms through indigenous engines and technologies. Furthermore, PM Modi and French President Emmanuel Macron are set to unveil a bilateral roadmap for the Indo-Pacific, outlining specific measures to ensure maritime security and freedom of navigation in the region, which has been a subject of contention with a rising China.

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We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

New Delhi: Private equity investment in the real estate sector witnessed a 5% decline year-on-year in the April to June quarter, reaching $1.9 billion, due to the impact of high interest rates, according to a report by real estate consultant Anarock. The report titled ‘FLUX Q1 FY24 Market Monitor for Capital Flows in Indian Real Estate’ said foreign investors accounted for a significant share of 94% in the PE investments, while domestic funds contributed 6%.

Arvind Kejriwal said that Delhi's systems are not designed to take such unprecedented rain, so people faced troubles. As per CM Kejriwal, the city received 153mm of rain on 8th and 9th July.  While speaking on the situation arising out of heavy rains in northern India, CM Kejriwal said, “This is not the time to point fingers at each other.

Virat Kohli has taken to social media to share a heartwarming tribute to former teammate Rahul Dravid ahead of the Dominica Test against West Indies. The two men are set to return to Windsor Park after a remarkable 12 years since they last played there together in 2011. In a nostalgic post, Kohli fondly recalls the last time India played a Test match against West Indies in Roseau, Dominica, remarking on the unique journey that has brought them back to the same venue, albeit in different roles.

Income Tax Returns, it is important to maximise your tax refund by taking advantage of all available opportunities.   "File your ITR on time to expedite the refund process, choose the tax regime that suits you best, and avoid late filing to prevent penalties. Verify your returns promptly to ensure smooth processing of your refund.

blockchain and UPI (Unified Payments Interface). While both offer innovative solutions for secure and efficient transactions, they operate in fundamentally different ways. Here is how these technologies work and help you determine which one is right for you.Understanding Blockchain: Blockchain is a decentralized and distributed ledger technology that allows multiple parties to maintain a shared record of transactions without the need for a central authority. In a blockchain network, transactions are grouped into blocks and added to a chain of previous transactions. The decentralized nature of blockchain ensures transparency, security, and immutability. To make a payment using blockchain, users typically rely on cryptocurrencies such as Bitcoin or Ethereum. These digital currencies serve as a medium of exchange within the blockchain network. When a transaction occurs, it is broadcasted to the network, verified by a consensus mechanism (e.g., proof-of-work or proof-of-stake), and then added to a block. Once the block is added to the chain, the transaction becomes permanent and cannot be altered.Benefits of Blockchain Payments:

NEW DELHI : For the first time, Indian medical colleges will get government ratings based on the quality of education they are offering to the students. To initiate this, the country’s apex medical education regulator— the National Medical Commission—has tied up with Quality Council of India (QCI) and will start the rating assessment from the next session.

BSE, Asia’s oldest stock exchange, on Monday launched a new logo on its 149th foundation day. Formerly known as the Bombay Stock Exchange, the premier Indian bourse BSE and its benchmark index S&P BSE Sensex is the face of the Indian capital markets.

Cyient DLM Ltd, and one IPO for a small to medium-sized enterprises (SME), Global Pet Industries Ltd. Moving forward, the week is jam-packed with listing and IPO issues that are open for subscription. Let's look at some of the companies that are opening for subscription this week and some getting listed.

New Delhi: Aha Video, primarily known for Telugu language content, has announced a business reality show called Nenu Super Woman. Hosted by Sreeram Chandra, the show will provide a platform to aspiring women entrepreneurs to pitch their ideas to a panel of successful business leaders. Entrepreneurs participating in the show include Rohit Chennamaneni (co-founder of Darwinbox), Sridhar Gadhi (founder and executive chairman of Quantela Inc), Renuka Bodla (venture partner of Silverneedle Ventures), Sudhakar Reddy (founder and CEO of Abhi Bus), Dodla Deepa Reddy (Dodla Dairy), and Sindhura Ponguru (Narayana Group).

Sentiment analysis, also known as opinion mining, is a computational technique used to determine the sentiment expressed in a given piece of text. The purpose of sentiment analysis is to extract personal information, such as positive, negative, or neutral sentiments, and quantify the overall sentiment conveyed by the text. In predicting stock market movements, sentiment analysis helps gauge investor sentiment and market trends.

Hyderabad-based Quantum Energy, an electric scooter start-up has inked a strategic tie-up with Bike Bazaar, a finance solutions provider for pre-owned and new vehicles. The agreement involves collaborating and powering a substantial number of Quantum Bziness Pro e-scooters.

Real estate crowdfunding has emerged as a game-changer in the world of personal finance, offering individuals the opportunity to invest in real estate projects with relatively low barriers to entry. This innovative investment model has gained popularity in recent years, allowing investors to diversify their portfolios and potentially earn substantial profits. With the increasing number of real estate crowdfunding platforms, Indian investors now have access to a range of investment opportunities previously limited to accredited investors.

Alibaba Group and Tencent shares rose in Hong Kong on Monday after China’s $984 million fine against the Jack Ma-founded Ant Group appeared to signal the end of a regulatory crackdown on the country’s technology sector. Following the penalty on Friday, the Alibaba affiliate announced a share buyback that values the fintech at a 75% discount to the valuation touted in an abandoned initial public offering (IPO) plan, but is seen as providing liquidity and certainty to investors.

Mark Zuckerberg, the renowned CEO of Meta Platforms, made headlines on July 6, 2023, as he unveiled Threads, an innovative app that has quickly gained substantial traction. Often touted as a formidable rival to Twitter, Threads witnessed a remarkable surge in popularity, amassing over 30 million sign-ups in a mere 18-hour period. This unprecedented response has sparked a wave of enthusiasm among users and industry observers alike.