Provident Financial News

The Federal Trade Commission has issued a long-anticipated update to its guidelines for endorsements, which advise businesses about how to make sure consumers understand when celebrities, influencers or even regular consumers are compensated to promote or review their products. Some marketers and influencers will now need to go beyond using hashtags such as “#ad" in social media, for example, to ensure that all users will see that a post is sponsored without having to click “more" or read the full text of the post, the FTC said last week as it released the update.

Bharat 6G Alliance to drive innovation and collaboration in next-generation wireless technology. Bharat 6G Alliance (B6GA) is a collaborative platform consisting of public and private companies, academia, research institutions, and standards development organizations. Mobile services have seen the transformation from 2G to 3G to 4G to 5G and now 6G is on the horizon.

Twitter has officially launched the new version of its popular dashboard application, TweetDeck, to address the recent issues that users have been facing. However, the catch is that TweetDeck will now become a feature exclusively available to verified users, who will need to subscribe to Twitter Blue, the platform's paid subscription service. The announcement was made by Twitter’s support account via a tweet that gave details about the new version of TweetDeck with new features. It read, «We have just launched a new, improved version of TweetDeck. All users can continue to access their saved searches & workflows via https://tweetdeck.twitter.com by selecting 'Try the new TweetDeck' in the bottom left menu.» “All your saved searches, lists, and columns will carry over to the new TweetDeck. You’ll be prompted to import your columns when you load the application for the first time. TweetDeck now supports full composer functionality, Spaces, video docking, polls, and more. Teams functionality in TweetDeck is temporarily unavailable and will be restored in the coming weeks. In 30 days, users must be Verified to access TweetDeck,” the tweet read.

SCO) on Tuesday will hold an online summit hosted by India seeking to expand the influence of the Eurasian group by including Iran and opening a path to membership for Belarus. China's President Xi Jinping and Russian leader Vladimir Putin will participate in the virtual summit, which will be Putin's first appearance at an international event since the short-lived mutiny by the Wagner mercenary group in late June.

Anil Ambani, Chairman of Reliance ADA Group, appeared before the Enforcement Directorate (ED) in Mumbai for questioning and to provide her statement regarding an investigation related to the alleged violation of foreign exchange regulations, according to official sources. Anil Ambani had already given his statement on Monday, 3 July, under sections of the Foreign Exchange Management Act 1999 (FEMA), and he is expected to appear before the ED again later in the week to complete the process.

  New Delhi: Elon Musk stumped netizens once again with his move to limit the number of posts on microblogging site Twitter which he now owns. On 1 July tweet, he tweeted that unverified accounts and new unverified accounts would be limited to reading 600 posts a day and 300 posts per day, respectively, while verified accounts could read 6,000 posts a day.

₹5,000 and also allows non-resident Indians (NRIs) to invest. Despite having been in existence for six years, the firm started collecting money from the public only in the last two years. It has raised approximately ₹70 crore, which has been deployed over an area of more than 3,000 acre of land.

Naman Kumar has been accused of orchestrating his own kidnapping in a desperate attempt to extort money from his family. The reason for his drastic actions was the substantial monetary loss he had incurred as a result of cryptocurrency investments.

ITR 1 is a widely-used form for salaried individuals with specific income sources, it cannot be used by everyone. When an individual is a non-resident or not-ordinarily resident or his income surpasses the limitations of ITR 1 such as total income is more than 50 lakh or involves multiple house properties, or consists of capital gains, the income tax return (ITR) has to be filed using ITR 2 only. The form ITR 2 cannot be used by an individual having income from a business or profession. One can file ITR-2 through different methods. It can be filed using the income tax department's Excel or Java utilities or online directly through the income tax e-filing portal. In this article, we have explained the most efficient method to file your ITR-2 online with illustrations on reporting salary, capital gains and other incomes.

Genus Power Infrastructures Ltd share price touched a new 52-week high and gained over 11% on Tuesday's trade After receiving an order worth ₹2,207.53 crore on Monday. Genus Power Infrastructures shares opened at ₹145.75 apiece on BSE. The stock hit an intraday high of ₹149.65.  In a filing with the exchange, the company stated that it had received a letter of award for ₹2,207.53 crore for the appointment of Advanced Metering Infrastructure Service Provider (AMISP), which included design of AMI system with supply, installation, and commissioning of 27.69 lakhs smart prepaid metres, feeder metres, DT metre level energy accounting, and FMS of these 27.69 lakhs smart metres.

Amazon Sale 2023 is here, where you can find limited-period deals on the best refrigerators in the market. This sale is the ultimate opportunity for homeowners and kitchen enthusiasts to upgrade their appliances without breaking the budget. With a wide selection of top-notch refrigerators to choose from, you can find the perfect model that suits your needs and preferences. But that's not all! Amazon is offering irresistible benefits to make your shopping experience even more rewarding. Enjoy up to 18 months of No-Cost EMI, allowing you to pay for your new refrigerator in convenient monthly instalments. Additionally, you can take advantage of Exchange Offers, where you can exchange your old refrigerator for a discount on your new purchase. Don't forget to apply coupons during checkout to maximise your savings. And the best part? Amazon is offering free delivery on eligible refrigerators, ensuring a seamless shopping experience from the comfort of your home. So, gear up for the Amazon Sale 2023 and transform your kitchen with a high-quality refrigerator at an unbeatable price.

Stocks that were in focus include names like RIL, which rose 2.4%, BSE, which gained 9.77%, and Bandhan Bank, whose shares fell 2.8% on Monday.Here's what Riches Vanara, technical and derivatives analyst at Stoxbox, recommends investors should do with these stocks when the market resumes trading today:RIL — BuyThe stock has been trading in a descending channel pattern since May 2022. At the current levels, it is approaching the upper end of the channel, which will act as a resistance. However, the momentum and price action look more promising with the stock getting good support at 10-weekly EMA on every pull back.

Apple said on Monday it will ask the U.S. Supreme Court to hear its challenge to a judge's order in an antitrust case brought by «Fortnite» maker Epic Games that could force the iPhone maker to change payment practices in its App Store. Apple said in a court filing it will ask the justices to take up its appeal of a ruling on Friday by the San Francisco-based 9th U.S.

India has taken action by serving a demarche on Canada, calling for strong measures to be implemented by the Justin Trudeau government to prevent protests organised by pro-Khalistan terrorist outfits. The demonstrations are set to occur outside the Indian High Commission in Ottawa, as well as two consulates in Toronto and Vancouver on July 8. The primary concern is to avoid incidents such as desecration of the Indian flag, affixing pamphlets or items to the boundary fence, and throwing projectiles into Indian diplomatic premises in Canada.

Promoter buying usually indicates that markets have priced in a lot worse in the stock than what is warranted. Of all the stakeholders, it's the promoters who know the most about their businesses and future potential. If they are willing to part with their personal money to buy stocks from the open market, there is a good possibility that they believe the stock is undervalued and will potentially rise in the future.

Jonny Bairstow's dismissal in the second test match of the Ashes series.  “The prime minister agrees with Ben Stokes. He said he simply wouldn't want to win a game in the manner Australia did," spokesperson for PM Rishi Sunak said He also responded Yes on being asked the question if PM Sunak believes if Australia's actions in the Bairstow dismissal were against the spirit of the game.

Elon Musk, Threads aims to provide users with an alternative platform for social networking and discussions. The app was initially discovered on the Google Play store in Europe on Monday morning and later became available on the Apple App Store by Monday night, according to a report from Forbes. The decision to launch Threads comes in the midst of various controversies surrounding Twitter, such as user limitations and issues with Bluesky, a competing platform founded by Jack Dorsey.

airport who was allegedly involved in fake input tax credit racket case which caused the government a loss of about ₹176 crore.  The Chennai unit of GST intelligence busted the racket which involved 59 companies passing on Input Tax Credit worth ₹175.88 crore for a taxable value of ₹973.64 crore, a report by India Today has stated. Earlier on 22 June, his accomplice was arrested from Perambur.

IDFC First BankThe board of IDFC First Bank has approved the merger of IDFC Ltd and IDFC Financial Holding Company with itself through a scheme of amalgamation.Tube InvestmentsTube Investments arm TI Clean Mobility has entered into an agreement with Anand Jayachandran for pursuing electric small commercial vehicle business through a subsidiary to be incorporated by TI Clean Mobility.Oil IndiaThe Board of the company has approved the revision of project capital cost front Rs 6,555 crore to Rs 7,231 crore for implementation of petrochemical project of Numaligarh Refinery Ltd.Read more: What changed the market while you were sleepingIndusInd BankIndusInd Bank's promoter IndusInd International Board is planning to raise $1.5 billion in capital to increase the stake in the lender and other strategic objectives.Reliance IndustriesReliance Jio has launched Jio Bharat Phone, which will enable existing 250 million feature phone users with internet enabled phones. The beta trial for the first 1 million Jio Bharat phones begins from July 7.Bajaj FinanceThe company's assets under management (AUM) rose 32% to Rs 2.7 lakh crore as of June 2023 in Q1.

Piramal Capital & Housing Finance has sold a loan outstanding pool of ₹3,656 crore bad loans to Omkara ARC for ₹625 crore, said two sources close to the development. The sale, finalised last week, marks a recovery of 17% for Piramal. The pool consists of accounts acquired along with Dewan Housing Finance Limited (DHFL) and Piramal's own loan book.

Misra, who stepped back from his executive role at SoftBank Vision Fund (SVF) a year ago, is open to investing in domestic companies from his new venture, One Investment Management, through debt and equity deals. Misra told ET in an interview that One IM, which currently has a corpus of $7 billion, participated in a debt issue floated by the Shapoorji Pallonji group, making it the fund’s debut in India. The $50 million credit infusion was part of $1.7 billion raised by the Mumbai-based Shapoorji Mistry-controlled group through a bond sale that closed recently.