Provident Financial News

₹290 apiece on the BSE, a premium of 40.78% to the issue price of ₹206 per share. Orient Technologies IPO listing was in line with the Street expectations.

IPO) of Ecos Mobility and Hospitality has opened for subscription today and will be available for public to bid till August 30. The IPO is entirely an offer for sale (OFS) of 1.8 crore shares. Since the IPO is an OFS, all the proceeds will go to the selling shareholders.

Jan Dhan Yojana (PMJDY) has achieved a milestone of a total of 53.13 crores PMJDY accounts out of which 55.6 per cent (29.56 crores) Jan-Dhan account holders are women and 66.6 per cent (35.37 crores) Jan Dhan accounts are in rural and semi-urban areas, the Ministry of Finance said in statement on Wednesday. Deposit balances under PMJDY Accounts stand at Rs. 2,31,236 crore. Deposits have increased about 15 times with an increase in accounts 3.6 times, as of 14 August 2024. The average deposit per account, according to the finance ministry stood at Rs. 4,352, as of 14 August 2024. The deposit per account has increased 4 times over August 15.

Philip Morris International has announced a $232 million factory expansion in Kentucky

One Piece Chapter 1125 is scheduled for September 8, 2024, following a delay due to Eiichiro Oda's break. This chapter may provide insights into ongoing events in the world of One Piece.

While every client may need different types of services and guidance based on their specific situation and individual preferences, a new report from Morningstar offers a useful guide on what advisors need to do to deliver the most value to investors.

Two leading investment advisory firms are joining forces in a strategic deal to create a new powerhouse firm that caters to some of the most affluent individuals and families in the country.

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Ukraine says it has a new homegrown long-range weapon that will allow it to strike deep into Russia without asking permission from allies

Police officers are starting to use artificial intelligence to help write crime reports

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

The game gets more and more players, while its token has already provided great returns for the early investors. Let’s deal with both.

Mafia: The Old Country is an upcoming installment in the Mafia series. Although a release date hasn't been set, the game is expected to launch in 2025. This article covers everything known about the game's release date, platforms and plot details.

Tired of your mutual fund distributor ignoring your calls or providing subpar service? It's time for a change. But unlike switching grocery stores, changing your mutual fund distributor (MFD) comes with a few complexities. If not done correctly, your old distributor will continue to pocket commissions from your holdings. Here's how to ensure that doesn't happen.

Volt Typhoon is exploiting a bug in a California-based startup to hack American and Indian internet companies, according to security researchers. Volt Typhoon has breached four US firms, including internet service providers, and another in India through a vulnerability in a Versa Networks server product, according to Lumen Technologies Inc's unit Black Lotus Labs. Their assessment, much of which was published in a blog post Tuesday, found with «moderate confidence» that Volt Typhoon was behind the breaches of unpatched Versa systems and said exploitation was likely ongoing. Versa, which makes software that manages network configurations and has attracted investment from Blackrock Inc and Sequoia Capital, announced the bug last week and offered a patch and other mitigations.

Mint. Heph, which offers services ranging from front-end customer interfaces to back-end systems, goes live with its website on Monday, 26 August. Ankit Agrawal, founder and chief executive officer (CEO) of InsuranceDekho, said the new affiliate company has been bootstrapped.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

A union official said West Virginia Gov. Jim Justice’s family is millions of dollars behind on payments to employees’ health insurance fund at their financially beleaguered hotel

Unified Pension Scheme (UPS), set to provide an assured pension to 23 lakh eligible central government employees, will bring an additional financial burden of Rs 6,250 crore per year to the exchequer. The UPS, effective from April 1, 2025, will increase the government's contribution from the current 14 percent to 18.5 percent, reported PTI, quoting Union Minister Ashwini Vaishnaw. Despite the government's increased contribution, employees' contribution will remain unchanged at 10 percent of their basic salary. Additionally, employees retiring before March 31, 2025, under the National Pension System (NPS), will receive an arrear of Rs 800 crore if they opt for UPS. The scheme ensures a minimum pension of Rs 10,000 per month for those with at least 10 years of service. Moreover, it provides an assured family pension in the event of a pensioner's demise, with a provision for dearness relief linked to the All India Consumer Price Index for Industrial Workers (AICPI-IW).

Alice Walton will become a member of an exclusive elite group of centi-billionaires, which includes Elon Musk, Bill Gates, and Warren Buffett, soon, provided her wealth keeps increasing and surpasses the $100 billion threshold. The Walmart heiress surpassed the L'Oréal heiress Françoise Bettencourt Meyers to become the wealthiest woman in the world, and her net worth is expected to surpass $100 billion in the near future. According to the Bloomberg Billionaires Index, Alice Walton, the retail tycoon Sam Walton's daughter, is now worth over $95 billion for the first time. Due in large part to Walmart's stock price surge of 44% to a record high this year, her net worth increased by $25 billion. Also Read: Somebody Somewhere Season 3: Premiere date, where to watch, plot, teaser, cast and production

The financial services industry has been working for years to get annuities into retirement plans – and the good news is that people appear to like that idea.