Provident Financial News
08.08 / 17:17
markets
Provident
Career
wellness
performer
Relationships
Former Vanguard consultant launches new firm to support RIAs
After a successful 30-plus year career, wealth management veteran and former Vanguard consultant Don Bennyhoff, who co-created Vanguard Advisor’s Alpha, is turning over a new leaf post-retirement.
08.08 / 17:07
Provident
Waters
Experts
country
Department
recommendations
India to discuss Teesta water project and renewal of Ganga water treaty
Mint. About the Ganga water treaty renewal, the minister said, “We are moving forward positively." The Ganga treaty will complete 30 years in 2026 and calls for a renewal. Queries sent to the spokesperson of the Bangladesh High Commission in New Delhi, and the concerned departments of Sikkim and West Bengal governments remained unanswered at press time.
08.08 / 17:01
Provident
Cooper
DNA
reports
testing
Kerala landslides: PM Modi to visit disaster-hit areas on August 10, says CM Pinarayi Vijayan
He further said that following the state's request, the Ministry of Home Affairs (MHA) has appointed a nine-member committee to examine the severity of the disaster and submit a report in this regard. Vijayan said that the state hopes to receive a comprehensive rehabilitation package and, so far, the Central government has been very cooperative and helpful.
08.08 / 16:56
08.08 / 16:00
08.08 / 13:56
08.08 / 13:18
08.08 / 13:02
Provident
FIVE
Wildlife
country
cover
prevention
Over 1,700 sq km of forest area lost in last 10 years due to development activities: Government
development activities but land has also been acquired for compensatory aforestation, the government said on Thursday. While replying to a supplementary question in the Rajya Sabha, environment and forest minister Bhupendra Yadav also said the country's consolidate overall forest cover has increased and the government is trying to further increase it. He said while forest cover in five northeastern states — Arunachal Pradesh, Manipur, Nagaland, Mizoram and Meghalaya — has reduced, states such as Andhra Pradesh, Telangana, Odisha, Karnataka and Jharkhand have seen their forest cover increase. «In last 10 years, 1,73, 396 hectares forest area (which is 1,733 sq km) has been lost due to development activities, however, under compensatory aforestation, land has also been acquired,» the minister said.
08.08 / 12:38
Provident
Experts
track
information
reports
Updates
RBI shortens frequency of credit reporting to 15 days
Reserve Bank of India (RBI) on Thursday shortened the frequency of reporting credit information of borrowers to credit information companies (CIC) to 15 days. Earlier lenders were required to report this information at monthly intervals. The regulator said this move will provide a more up-to-date picture of a borrower’s indebtedness. The regulator is expected to issue necessary instructions soon. «It has been decided to increase the frequency of reporting of credit information to CICs from monthly intervals to fortnightly basis or at such shorter intervals as mutually agreed between the credit institutions and CIC,» the RBI said in a statement. «The fortnightly reporting frequency would ensure that credit information reports provided by CICs reflect more recent information.» RBI said this move will be beneficial to both borrowers and lenders.
08.08 / 12:25
Provident
Sustainability
Bill
Rachel Reeves to bring in legislation to regulate ESG rating agencies
As part of a commitment to follow through with her predecessor Jeremy Hunt's plans to clampdown on the sustainable ratings industry, Reeves will introduce the bill next year. In his Spring Budget earlier this year, the previous chancellor committed to regulating the sector in order to provide greater due diligence and transparency on how to create the ESG criteria that are used to assess companies. Since taking over in Number 11, Reeves has requested the Treasury to «respond quickly» to an industry consultation on a fresh ESG regulatory regime, according to a Treasury spokesperson. ...
08.08 / 12:06
Provident
Sustainability
Healthcare
social
reports
Impact Healthcare REIT to change name following introduction of SDR
In its half-year results today (8 August), the trust explained SDR restricts the use of certain sustainable terms in products accessible to retail investors, effective from December 2024. IHR added: «The word ‘Impact' is specifically proscribed unless the primary aim of the business is social impact, as measured by a high threshold of reporting requirements. „To avoid confusion and to comply with these new requirements, the company will change its name in the coming months and will provide further details in due course.“ 'Not easy but doable': The implications of adopting an SDR la...
08.08 / 11:53
Provident
FIVE
community
Bill
inclusion
reports
Waqf Act Amendments: Tighter control, more women and non-Muslims members, five key changes to Waqf law
Waqf Act, aiming to enhance accountability and transparency in the functioning of Waqf boards and ensure mandatory inclusion of women. This initiative responds to demands from within the Muslim community and includes around 40 amendments. The Bill mandates mandatory verification for property claims by Waqf Boards and revises sections of the Act to change the composition and functioning of the Boards, incorporating women’s representation. Key amendments include mandatory verification of property claims and revisions to the composition and functioning of Waqf Boards to ensure better governance. ALSO READ: Waqf through the ages: How Rs 1-lakh crore property owner board acquires land and what the govt aims to change
08.08 / 11:08
08.08 / 10:54
UPS
Provident
Discover
show
information
recommendations
EPFO alert! How to avoid, deal with rejections, delays
NEW DELHI : Mumbai-based Deepa Desai, 47, had a harrowing time transferring her provident fund (PF) from one employer to another. Even withdrawal was not easy. Here's why.
08.08 / 10:52
UPS
Provident
WhatsApp
wellness
information
Traffic
How to get a duplicate copy of your car insurance documents
What are vehicle insurance policy papers and what information is in them? As proof of you holding a valid vehicle insurance policy, the insurance company provides you with a policy document. This paper contains a lot of important information. You will find insurance company details, the date when the policy was purchased, the date from which the policy validity begins, and the date until which the policy remains in force. The car insurance policy paper also has vehicle-specific information like the car registration number, engine and chassis number, vehicle make and model details, etc.
08.08 / 10:52
Provident
Target
FIVE
Election
community
Bill
"We're not targeting anyone, Oppn wants to create an atmosphere": Union Minister Pralhad Joshi on stir over Waqf bill
Union Minister Pralhad Joshi said on Thursday that the central government is not targeting anyone by bringing amendments to the Waqf Board Act and added that the opposition parties want to «only create an atmosphere.» «We are not targeting anyone. They (Opposition) want to only create an atmosphere. Our minister will explain in detail when he introduces the bill. They want to misguide some people in the community. They are trying to tarnish the image of India. We are one of the best democracies in the world,» Pralhad Joshi said while speaking to ANI. Parliamentary Affairs Minister Kiren Rijiju on Thursday moved the Waqf (Amendment) Bill, 2024 in Lok Sabha. Congress MP KC Venugopal opposed the bill in the House and dubbed it an «attack on the federal system.»
08.08 / 10:41
Provident
BLOCK
Cooper
Bill
isolate
prevention
NPCI's decision to block C-Edge from retail payments system averted a systemic impact: RBI Governor
NPCI) decision to temporarily block C-Edge Technologies from the retail payments system averted a systemic impact, Reserve Bank of India Governor Shaktikanta Das said on Thursday. Nearly a fortnight ago, IT service provider C-Edge Technologies had been possibly impacted by a Ransomware attack impacting the retail payment systems of a few regional rural banks and co-operative banks. «The NPCI's decision to block further transactions wherever this service provider had been engaged was to isolate the problem, and if that had not been done it could have produced a system wide impact,» said Shaktikanta Das, Governor, RBI. «That would have been far more costly.» A ransomware attack by the RansomEXX group had hit India’s banking system and payment firms. The attack had primarily impacted Brontoo Technology Solutions, a key collaborator with C-EDGE, a joint venture between TCS and SBI. C-Edge had hired Brontoo Technology Solutions to deploy connectivity with Bharat Bill Payment System (BBPS).
08.08 / 10:40
Citi
Provident
Election
information
Courts
NEET PG 2024 NBEMS Admit Card Released: Steps to download, exam schedule changes
NEET PG 2024 today, ahead of the entrance exam scheduled for August 11, 2024. Candidates who have registered for the exam can now download their hall tickets from the official NBEMS website, nbe.edu.in, by using their roll number, date of birth, and other required details. NBEMS had previously released the NEET PG 2024 exam city intimation slips on July 31 and August 4. The admit cards will provide detailed information regarding the exam schedule and venue. To download the NEET PG 2024 admit cards, candidates should follow these steps:
08.08 / 10:28
Provident
Sustainability
Bill
social
reports
Rachel Reeves to bring in legislation to regulate ESG rating agencies - reports
As part of a commitment to follow through with her predecessor Jeremy Hunt's plans to clampdown on the sustainable ratings industry, Reeves will introduce the bill next year, according to a report by the FT. Spring Budget 24: Treasury confirms regulation of ESG ratings In his Spring Budget earlier this year, the previous chancellor committed to regulating the sector in order to provide greater due diligence and transparency on how to create the environmental, social and governance criteria that are used to assess companies. In rating ESG of organisations, there are a plethora of a...
08.08 / 09:25
Provident
Research
composer
track
blues
travelers
International
NASA watches 110-foot Sardar Patel's Statue of Unity sized asteroid at 30,381 km/h towards Earth-Will it hit?
2024 OR1, measuring approximately 110 feet in diameter, is on a trajectory that will bring it close to Earth on August 6, 2024, at 6:41 PM IST. NASA’s Center for Near-Earth Object Studies (CNEOS) issued a warning about this near-Earth object (NEO), which is traveling at a speed of 30,381 kilometers per hour. However, it is predicted to pass safely away from Earth. 2024 OR1 belongs to the Apollo group, a category of asteroids with orbits that intersect Earth’s orbit, making them subjects of intense study. The asteroid's dimensions and rapid speed place it under NASA's close observation regime, part of a broader effort to track potentially hazardous asteroids. The size of 2024 OR1 is roughly comparable to that of a blue whale, and it moves at velocities similar to other fast-moving NEOs. Radar observations and optical telescopes have been employed to determine its trajectory and physical characteristics. NASA's initial detection of 2024 OR1 happened at the Jet Propulsion Laboratory (JPL) in Pasadena, California. The detection is part of the agency’s ongoing mission to monitor NEOs that could pose a danger to Earth. These efforts are managed by NASA’s Planetary Defense Coordination Office (PDCO), which is tasked with detecting, tracking, and characterizing hazardous asteroids and comets.
08.08 / 07:07
markets
COST
Citi
Provident
Metro
reports
Bengaluru is not a 'metro': Centre refuses to grant metro status to India's IT capital. Here's why
Bengaluru a 'Metro' status. Union Minister of State for Finance, Pankaj Chaudhary, explained on Tuesday that under Rule 2A of the Income-tax Rules, 1962, a distinction is maintained between the cities of Mumbai, Kolkata, Delhi, and Chennai, and other places concerning special allowance for residential accommodation under section 10(13A) of the Income-tax Act, 1961. The four designated metropolitan cities have a 50 per cent salary consideration for computing exemption limits, while other cities, including Bengaluru, have a 40 per cent limit, a Bangalore Mirror report stated.
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