Provident Financial News
08.07 / 00:49
Facebook
COST
UPS
Provident
FIVE
Platform
Livestreaming apps take off; some see red
Three of the 10 top-grossing apps on Google’s Play Store are live streaming apps — Chamet, Tango and Boloji Pro. All of these apps offer content that often borders on the Not Safe for Work category and have women who are a lot of times available for video calls, experts said. The top-grossing apps are those with the highest number of in-app payments made through the Play Store.
08.07 / 00:25
UPS
Provident
MET
Bar Council spruiks top silk, as it ponders reprimanding her
The NSW Bar Association is promoting a free seminar for junior barristers on cross-examination to be given by Sue Chrysanthou, SC, even as it attempts to have the top silk reprimanded for “unsatisfactory professional conduct”.
08.07 / 00:25
Facebook
UPS
Provident
Google
PwC
Senators
Uber, Facebook revelations more reason PwC should come clean: senators
Senators pursuing PwC over its tax leaks scandal have demanded the firm reveal the names of the US tech giants given tax advice based on confidential government information obtained by a former PwC partner.
07.07 / 23:47
UPS
Provident
Lowe's
Target
Patrick
Threat
US sends cluster bombs to Ukraine despite civilian threat
The US said it will send cluster bombs to Ukraine as part of a new push to support the country’s counteroffensive and boost its dwindling stocks of ammunition, overruling concerns that the weapons often fail to explode and pose a grave danger to civilians. President Joe Biden called the move a “difficult decision" given the risk posed by cluster bombs, but said Russia has been raining the munitions on Ukraine for months.
07.07 / 21:19
07.07 / 21:15
Citi
Provident
Strategy
guidelines
International
Support
Melbourne releases guidelines to support international student talent under new strategy
Melbourne has released a new framework for international students to recognise the role of international education sector in Melbourne’s economic development. It plans to facilitate foreign investment by leveraging diaspora and alumni communities, including international students in Melbourne. According to the framework, it plans on nurturing international student talent, entrepreneurship and leadership skills as well as improving pathways to employment and establishing life-long relationships with graduates and alumni.
07.07 / 20:59
Provident
FIVE
Backed
Sebi issues rules for PE backed MFs
₹5,000 crore. However, Sebi added that the MF sponsored by the private equity fund would not participate as an anchor investor in the public issue of an investee company, where any of the schemes and funds managed by the sponsor PE has an investment of 10% or more or a board representation.
07.07 / 20:59
Citi
Provident
FIVE
Align
network
Network Planning Group under PM GatiShakti recommends five road connectivity projects
₹15,683 crore These five projects are in of Mizoram, Maharashtra, Uttarakhand and Kanpur and would improve connectivity to industrial clusters and social sector assets and improve logistics efficiency through streamlining freight traffic movement and decongestion of cities. A total of 85 infrastructure projects worth ₹5.39 lakh crores have been evaluated in the meetings so far, said a statement from the Ministry of Commerce and Industry.
07.07 / 20:59
Provident
Progressive
Manufacturing
Remark
India surpasses global averages of plastic recycling rate: Piyush Goyal
New Delhi: Commerce & industry minister Piyush Goyal on Friday highlighted India’s impressive recycling achievements, stating that the country’s plastic recycling average of 13% surpasses the global average of 9% and even outperforms some developed economies with only 4%. The minister made these remarks while addressing a gathering during a technology conference for the growth of the plastic industry. Goyal emphasized the importance of recycling and its positive impact on the environment.
07.07 / 20:59
COST
Provident
Lowe's
Manufacturing
Platform
India has the potential to be a green hydrogen exporter: Jitendra Singh
New Delhi: Union minister Jitendra Singh on Friday said that India has the potential to become a green hydrogen exporter. Speaking at the International Conference on Green Hydrogen 2023, Singh highlighted the launch of the National Green Hydrogen Mission, which reflects India’s determination to address the challenges of decarbonization on its path to achieving Net Zero emissions by 2070. Jitendra Singh emphasized India’s strong position as a global leader in Green Hydrogen production.
07.07 / 20:59
Provident
Telegram
consultation
India begins consultation process for regulating OTTs
New Delhi: India’s telecom regulator has started the process of consultation for regulating over-the-top or OTT services such as Whatsapp, Signal, Telegram and others, where it has sought stakeholder views on selective banning of some services. The Telecom Regulatory Authority of India has asked stakeholders technical challenges in selective banning of specific OTT services and websites in specific regions of the country for a specific period, further, which classes of OTT services should be covered under selective banning and provisions and mechanism for such a regulatory framework.
07.07 / 20:59
COST
Citi
Provident
PM Modi flags off two Vande Bharat trains
New Delhi: Prime Minister Narendra Modi on Friday flagged off the Gorakhpur-Lucknow and the Jodhpur-Ahmedabad (Sabarmati) Vande Bharat Express trains, the ministry of railways said in a statement. “Heralding a new era of comfortable and enhanced rail travel experience, two new Vande Bharat Express trains are running between Gorakhpur-Lucknow via Ayodhya and Jodhpur- Ahmedabad (Sabarmati)," the ministry said. These Vande Bharat trains flagged off today will improve connectivity among the state capitals and other cities, reduce the travelling time & enhance the comfort of journey.
07.07 / 20:59
COST
Provident
Target
Simulation
Training
Mahanadi Coalfields to provide VR-based safety, operational training to 17,000 workforce
₹6.5 crore for skill enhancement among coal miners, it added. Emphasising on skilled workforce as a key to safe and productive mining operations, Om Prakash Singh, Chairman-cum-Managing Director of MCL stated that regular training and upgradation of skills is required by leveraging cutting-edge technologies to match the advancements and introduction of new technology in mining sector.
07.07 / 20:59
Provident
Target
CEO
Platform
Mobile
India aims to produce 5 million tonne green hydrogen by 2030, 70% for exports: MNRE secretary
New Delhi: India has set an ambitious target to produce 5 million metric tonne of green hydrogen by 2030, with 70% allocated for exports and the remaining 30% for domestic consumption, said Bhupinder Singh Bhalla, Secretary, ministry of new and renewable energy. The announcement was made during a press conference held alongside the International Conference on Green Hydrogen (ICGH-2023) to discuss India’s commitment to the development and deployment of green hydrogen.
07.07 / 20:31
Provident
NYSE
Landmark
Platform
cricket
Major League Cricket of US rings in arrival with NYSE closing bell
Major League Cricket (MLC), the recently established professional cricket league in the United States, marked its official inauguration by participating in the ceremonial ringing of the closing bell at the New York Stock Exchange (NYSE) on Thursday, July 6. This event signified the growing prominence and appeal of the sport in the United States, as it introduced top-tier T20 cricket to American audiences through a domestic league for the very first time.
07.07 / 20:31
Provident
SUN
Action
NBA Summer League 2023: Here's how to watch all the action
NBA Summer League, also known as Las Vegas Summer League, is set to kick off in Las Vegas on Friday, July 7, following the recent crowning of the Denver Nuggets as the NBA Season 2022-23 champions. With the draft having showcased 58 promising prospects and trade rumors buzzing on social media, basketball enthusiasts are in for a treat. Not only will top picks like Victor Wembanyama, Brandon Miller and Scoot Henderson aim to make strong impressions, but the tournament also provides lesser-known players with an opportunity to secure a spot on the roster in the upcoming season.
07.07 / 20:31
UPS
Provident
Aware
Manufacturing
Action
This year, it could be a million e-bikes fame
electric two-wheelers under its flagship incentive scheme in the current financial year and is ready to step up allocations if needed. The Centre already has a rolling plan to subsidise 564,000 electric two-wheelers under the second iteration of the Faster Adoption and Manufacturing of Electric Vehicles (FAME II) programme and is working to expand this by another half a million. Last quarter, the government increased the subsidy allocation for electric two-wheelers by 75% to Rs 3,500 crore from Rs 2,000 crore provided in the budget following an upward revision in subsidy that quickly depleted the allocation.
07.07 / 19:53
07.07 / 19:17
COST
UPS
Provident
FIVE
Gap
Strategy
NRF Bill: Industry SPV to identify tech gaps, drive & fund R&D
The consortia will define the ‘problem’ or gap and fund research on the same at institutes, centres at institutes and groups of institutes, sources in the know said. Industry-academia collaboration and limited institutional level research spread are the key missing piece in India’s R&D ecosystem. The NRF hopes to address it through a multipronged strategy that will facilitate industry ownership of R&D initiatives and drive it down to the states. Critical to it is the funding plan that will be detailed in the Bill. The upcoming Bill proposes to set up NRF—an apex body to provide high-level strategic direction of scientific research in the country— at a total estimated cost of Rs 50,000 crore during five years (2023-28).
07.07 / 19:01
UPS
Provident
Twitter
Digital
Booking
CEO
Platform
Meta Ceo
compliance
Advisors jumping onto Threads could create compliance headaches
Financial advisors are jumping onto Threads, but the new social media app from Meta Platforms Inc. could create a new set of compliance headaches for the wealth management industry.
07.07 / 18:47
Provident
Digital
Platform
Remark
National
National Girlfriend Day: See the origin and significance
National Girlfriend Day serves as a beautiful reminder to honor the incredible women who enrich our lives with their love, companionship and unwavering support. Although the precise origin of this charming holiday remains somewhat elusive, its essence resonates with individuals worldwide, providing an opportunity to cherish and appreciate the special bonds shared with girlfriends. Let us delve into the origins and significance of National Girlfriend Day, a day to celebrate the beauty of love.
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