Provident Financial News

12.08 / 00:52
Provident Digital Platform security community President Equality Fintech startup Jai Kisan secures NBFC licence; to focus on loan distribution, co-lending
Rural-focused fintech startup Jai Kisan has obtained a non-banking finance company (NBFC) licence following its acquisition of a majority stake in Kushal Finnovation Capital, an NBFC specialising in supply chain financing. Arjun Ahluwalia, cofounder and chief executive officer of Jai Kisan is a non-executive director of Kushal Finnovation Capital. With this new NBFC licence, Jai Kisan can now offer customised financial products including loans from its own portfolio. The company will also be able to enter into co-lending partnerships with financial institutions, including public sector banks in India.
11.08 / 20:53
Provident performer track Olympics Sporting athletics Canada caps Olympic Games with record medal haul
PARIS – Canada’s record performance at the Olympic Games in Paris did not happen without thorns, but athletes provided unforgettable sporting moments.
11.08 / 19:18
Provident Aware WhatsApp band exclusive Department Trai seeks govt clarity on backhaul spectrum rules
Telecom Regulatory Authority of India (Trai) has sought clarifications from the government on the allocation of backhaul spectrum, including the E and V bands, in the wake of the new Telecommunications Act that said such airwaves should be given administratively. As per the Act, 'radio backhaul' shall mean the use of radio frequency only to interconnect telecom equipment other than customer devices in telecommunication networks. The clarification became important as the regulator had listed out different options, including auction, to allocate backhaul spectrum in its consultation paper. The Department of Telecommunications (DoT) too had said spectrum in the E and V bands can be given through auction, though certain quantum in the V band can be delicensed for indoor coverage.
11.08 / 18:54
COST Provident Google Telegram Mobile WhatsApp Telcos push for regulating OTT communication apps
Telecom companies have called upon the regulator to bring over-the-top (OTT) communication providers such as WhatsApp, Google's RCS and Telegram under regulatory licensing or authorisation since they provide similar services to what mobile phone operators offer. Reliance Jio, Bharti Airtel and Vodafone Idea have also backed the Telecom Regulatory Authority of India's proposal to overhaul the existing telecom licensing regime and bring a pan-India single licence, namely Unified Services Authorisation (National), to enable ease of doing business, simplify regulations, cut costs, reduce litigations and much more, in their response to a consultation paper floated by the regulator. «OTT services and applications have thrived and multiplied, enabling factors being absence of any regulatory barriers and instant access to a global audience through the broadband connectivity powered internet,» Airtel wrote in its response to Trai's exhaustive consultation.
11.08 / 18:32
markets COST UPS Provident Platform track innovations Technology, Artificial Intelligence reshapes capital allocation in Indian real estate
Indian real estate sector is witnessing a transformation driven by the integration of advanced technologies, particularly artificial intelligence-based project monitoring systems. The technology-supported innovative solutions ensure that projects, regardless of the developer's size, are monitored to meet institutional investor standards, opening new financing avenues for mid-sized developers. “Technology is playing a pivotal role in reshaping capital allocation in the Indian real estate sector. By reducing risks, enhancing transparency, and improving operational efficiency, these advancements are not only opening up new opportunities for mid-sized developers but also contributing to a healthier, more sustainable industry,” Dosti Realty chairman and managing director Deepak Goradia said.
11.08 / 16:57
Provident Trade social reports International Profiles athletics NWSL and players' union reach new collective bargaining agreement as league's profile rises
The National Women’s Soccer League and its players’ union have agreed to a collective bargaining agreement that will run through 2030
11.08 / 16:49
Provident Death Bill Trade shooting Celebrity prevention Prompted by mass shooting, 72-hour wait period and other new gun laws go into effect in Maine
Maine gun retailers are now requiring a three-day wait period for purchases under a new law that was among several gun safety bills adopted after the state’s deadliest mass shooting
11.08 / 16:40
UPS Provident Platform Software Expedia Trade Trade Desk, Expedia rise; Capri Holdings, Five9 fall, Friday, 8/9/2024
Stocks that traded heavily or had substantial price changes on Friday: Trade Desk, Expedia rise; Capri Holdings, Five9 fall
11.08 / 16:24
COST UPS Provident Trade country Colleges The US Navy's warship production is in its worst state in 25 years. What's behind it?
The U.S. Navy is struggling to build affordable warships needed to face expanding threats around the world
11.08 / 14:27
UPS Provident Citizens Fighting Justice Courts 15 years after coming into being, village courts fight vacancies, financial woes to deliver justice
justice, 'gram nyayalayas' or village courts are today finding it difficult to live up to their purpose due to manpower shortage and financial crunch. So far 481 gram nyayalayas have been notified by 15 states, of which 309 have been made operational in 10 states, the law ministry told Parliament in the just-concluded Monsoon session. In 1986, the law commission had suggested setting up village courts to provide affordable and quick access to justice to citizens at their doorsteps. After years, The Gram Nyayalayas Act, 2008 came into effect from Gandhi Jayanti the next year. The Act provides for the establishment of gram nyayalayas at the grassroots level to provide access to justice to the citizens at their doorsteps and to ensure that opportunities for securing justice are not denied to anyone due to social, economic or other disabilities.
11.08 / 11:20
Provident Waters band beautiful Features International Sporting Best Analog Watches for Women under 1500 in India (2024)
Read more about other accessories in the electronicssection on the Top Trending Productspage. Read about the Best Analog Watches for Women under 1500 in India below. 1. Ferro Analog Crystals Rose Gold Round Dial Women's Watch Ferro Stainless Steel Analog Silver Dial Women's Watch-F21065A-1113-C, Band_Gold79% Off₹1,499₹7,100Buy Now Featuring exotic crystal embellishment, the Ferro Analog Crystals Rose Gold Round Dial Women's Watch adds a luxurious and eye-catching element. It features luminous hands which enhances readability in dark conditions. It features a very beautiful rose gold band which provides a fashionable and versatile look that goes with most of your outfits. It also comes with glow in the dark feature which makes it perfect in low-light conditions. Special Features: Material: Stainless Steel Colour: Rose Gold Width: 16 mm Movement Type: Quartz Display Type: Analog Glass Material: Mineral Glass
11.08 / 10:41
Provident Metro country rave Olympics Sporting wrestling Chhatrasal Akhada: A legacy of Olympic success and traditional training methods
Wrestlers of various age groups are arriving at the Chhatrasal Akhada for nighttime training. They stay in the adjacent sports hostel. Coaches Jaibir Dahiya, Anil Mann, and Pradeep Dahiya are waiting for them.
11.08 / 07:53
markets Provident ETF Align wellness International Should you consider international and gold mutual funds after Budget 2024?
gold mutual funds, as well as equity Funds of Funds (FoFs). These changes include a reduced holding period and a revised long-term capital gains (LTCG) tax rate, while the short-term capital gains (STCG) tax rate remains unchanged. This shift has made these investment options more attractive for investors seeking diversification and tax efficiency. Key Taxation Reforms Reduced Holding Period: The holding period for equity FoFs, international funds, and gold mutual funds has been shortened from more than 36 months to more than 24 months to qualify for LTCG benefits. Revised LTCG Tax Rate: The LTCG tax rate for these funds has been reduced to 12.5% for investments held for more than 24 months. Previously, investments held for over 36 months were taxed at 20%. The STCG tax rate remains tied to the investor's income tax slab.
11.08 / 06:54
UPS Provident CEO Sustainability Research innovations Godrej Agrovet to set up oil palm processing mill in Tripura
Godrej Agrovet Limited (GAVL) has announced that its Oil Palm Plantation business (OPP) will set up an Oil Palm Processing Milling unit in Tripura. To be set up in the Dhalai district of the state, where the company currently operates a nursery with a capacity of 3 lakh per year and plans to increase it to 5 Lacs per year, the company will also be setting up an advanced Research & Development centre for oil palm in the vicinity in addition to opening up of Samadhan centre, a one-stop solution centre providing comprehensive support to oil palm farmers. Following the introduction of the National Mission on Edible Oil — Oil Palm (NMEO-OP) in August 2021, the government of Tripura has embarked on a plan to bring at least 7,000 hectares of land under palm cultivation.
11.08 / 06:39
Provident Aware President Justice Courts Videos Interviews SC 'observation' on creamy layer: Arjun Ram Meghwal accuses opposition of creating confusion
Arjun Ram Meghwal has accused the opposition of creating confusion among people over the Supreme Court «observation» on creamy layer among SCs and STs, and asserted that the Constitution given by B R Ambedkar has no provision of a creamy layer. In an interview to PTI Videos, he said the the BJP-led NDA government will follow Ambedkar's Constitution and will continue the reservation system for Scheduled Castes and Scheduled Tribes as provided in it. Meghwal noted that though the opposition is aware that the top court had only made an «observation» on creamy layer, it is trying to create confusion among people. On Saturday, Congress president Mallikarjun Kharge had said that the idea of denying reservation to SCs and STs on account of the creamy layer concept is «condemnable»
11.08 / 06:09
UPS Provident Qualcomm Sony Xiaomi Features Videos Best camera phones under ₹40,000 in August 2024: Vivo V40 Pro, Oppo Reno 12 Pro, OnePlus 12R and more
₹40,000 to help readers make the right choice according to their specific requirements with options from a variety of brands including OnePlus, Vivo, Oppo, Tecno and Xiaomi.Vivo V40 Pro features a 6.78 inch 1.5K AMOLED display with 4500 nits peak brightness, 120Hz refresh rate and 480Hz touch sampling rate. It runs on Mediatek Dimensity 9200+ processor and is paired with Immortalis-G715 GPU for handling graphics intensive tasks.Optics-wise, there is a triple rear camera setup on the back of Vivo V40 Pro, including a 50MP SONY IMX921 primary sensor with OIS and ZEISS optics, a 50MP ultra-wide and a 50MP Sony IMX816 2x telephoto lens.
11.08 / 05:12
Provident security WhatsApp Celebrity social Colleges "Our government will empower women," says Madhya Pradesh CM Yadav
Madhya Pradesh Chief Minister Mohan Yadav affirmed on Sunday that the decisions taken by the Bharatiya Janata Party (BJP) under the leadership of Prime Minister Narendra Modi will empower women and change the atmosphere of the entire state. «It is a matter of great fortune for us that sisters have come from such faraway places to tie Rakhi during Sawan… The joy of festivals celebrated with collectiveness is different. It is said that there are 12 months and 13 festivals. Raksha Bandhan is like the king of all the festivals and there is no comparison to it. Today, 1 crore 29 lakh women have gotten not just Rs 1250 under the Ladli Behna Yojana but also an addition of Rs 250. I am happy that the decision taken by our government will empower women and change the atmosphere of the entire state,» said the Chief Minister during a programme organised under 'Rakshabandhan and Shravan Utsav'. On the occasion, the CM also inaugurated and laid the foundation stone for development works worth Rs 344 crore.
11.08 / 04:59
COST Provident Waters Freedom stars recommendations Amazon Great Freedom Festival 2024: 40% OFF on Kitchen and Home Appliances
minimum 40% off on home and kitchen appliances. If you want to make this offer even more attractive and budget-friendly, you must club it with bank offers and create no cost EMIs. To help you explore and find the products you actually want, we have curated this article. Hurry, SHOP NOW!
10.08 / 18:30
markets Provident FIVE Manufacturing Align trends International Kai Group to invest 300 million yen to expand manufacturing facility in Rajasthan
Kai Group, a Japan-based personal care product and kitchen equipment maker, said it will invest 300 million yen (around Rs 17.17 crore) to expand production capacity of its manufacturing facility at Neemrana in Rajasthan. This latest investment is to increase the production capacity of women's razors by over 5 million units per year, according to a statement issued by the group's local subsidiary Kai India. «The group is planning an additional investment, allocated around 300 million yen, reflecting KAI group's commitment to bolstering its manufacturing infrastructure,» it said. The expected timeline for the completion of this expansion is five months, and the company expects the enhanced production capacity will be operational by the end of December 2024.
10.08 / 16:30
UPS Provident Food Freedom Whirlpool stars Features Amazon Great Freedom Festival Sale 2024: Unbeatable offers up to ₹33,000 and more on washing machine and refrigerator
₹33,000 and more, this is the perfect opportunity to upgrade your household with top-of-the-line appliances at incredible prices. Whether you're looking to replace an old washing machine or invest in a high-efficiency refrigerator, this sale has something for everyone.Choose from advanced washing machines with features like smart controls and energy-saving technologies to refrigerators designed to keep your food fresher for longer, the range of options is vast. Brands like Samsung, LG, Whirlpool, and more are offering their best models at steep discounts, making it easier than ever to find the right appliance for your home.These deals won’t last long, so now is the time to explore the wide array of choices and secure the best offers.
10.08 / 15:14
Provident Action awards wellness War Diversity reports Would have been good had PM Modi visited landslides-hit Wayanad earlier: Shashi Tharoor
Shashi Tharoor on Saturday opined that it would have been good had Prime Minister Narendra Modi visited the landslides-hit Wayanad earlier. The MP from Thiruvananthapuram said he hoped at least after the Prime Minister's visit the Central government would announce it as natural calamity and provide appropriate funds for relief and rehabilitation. «As far as I am concerned, I think that better late than never is the best I can say,» Tharoor told reporters responding to a question on Modi's visit to Kerala's Wayanad earlier in the day. The July 30 landslides claimed the lives of 226 people so far, while over 130 are feared missing. The calamity caused widespread destruction in Chooralmala, Mundakkai and Punchirimattam hamlets.

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