Provident Financial News

Delhi's bustling Sadar Bazaar has become the latest target for a notorious gang employing a unique tactic to commit theft. Known as the "Khujli Gang," these thieves use specially formulated powders to induce intense itching, diverting their victims' attention and providing an opportunity to steal their belongings, a TOI report stated.

Mint, he also talked about efficient ways to increase the number of taxpayers in India. Here are some edited excerpts: The default (new) regime, which offers concessional tax rates on total income, without deductions and exemptions, will make both tax compliance and tax administration simple. It will also ensure consistency and certainty.

₹38,765 crore. While this dip was largely anticipated, the real letdown came from its retail arm, Reliance Retail Ventures Ltd (RRVL), where growth momentum slowed significantly. RRVL’s revenue growth stood at 7% year-on-year in Q1, even as the average area operated in terms of square feet increased by 18%.

In July 1944, exactly 80 years ago, representatives of 44 countries met in an obscure New Hampshire village to negotiate the Bretton Woods Agreement that established the International Monetary Fund (IMF). For many, reaching the ripe old age of 80 would be cause for celebration. For the IMF, the anniversary only highlights the urgency of reform.

AI), trade protectionism, resource-hoarding, excess capacity and dumping, and onshoring production are restricting the potential of countries to squeeze out growth from manufacturing and services; so the agriculture sector can be a growth engine for India and the world, the Economic Survey 2024 said.

Bluelearn has shut down operations and will return 70% of the capital it raised to its investors.

After nearly three decades in the advertising, media, and marketing industries, Dalveer Singh, 55, is preparing for a quieter retirement away from Mumbai's hustle and bustle.

job reservation proposal for locals, the Karnataka government is considering increasing the daily working hours in the IT and ITES sectors to 14 hours, up from the current maximum of 10 hours, which includes overtime. This move comes just days after the state faced a controversy over a jobs-for-locals policy.

Budget 2024 approaches, anticipation is building across various sectors in India. Each year, the budget sets the stage for economic policies and resource allocations that significantly impact the country's growth trajectory. This year, there is a heightened focus on how the budget will address key areas such as technological innovation, infrastructure development, and social welfare. Industry expectations Vijay Navaluri, Co-founder & Chief Customer Officer, Supervity, highlights the AI sector's optimism for policies that will further stimulate growth and innovation. He underscores the importance of the government's continued support for AI and related technologies to drive the industry forward. Navaluri expects the budget to prioritize investments in AI, particularly in enhancing AI-based education and skill development through partnerships between educational institutions and industry. This, he believes, will ensure a steady pipeline of skilled professionals who can contribute to various sectors, including healthcare, agriculture, and urban planning.

Prizor Viztech listed on the NSE SME platform with a premium of 90% on Monday. The stock debuted at Rs 165.3 against an issue price of Rs 87 per share. Ahead of the listing, the company's shares traded with a premium of Rs 105 in the unlisted market.

Abhishek Bachchan has sparked widespread speculation about potential troubles in his marriage to Aishwarya Rai Bachchan. The actor's simple act of liking a post about divorce led to numerous rumors of their possible separation. However, the true story behind this 'like' has now emerged, providing much-needed clarity for their fans. The Instagram post in question, shared by author Heena Khandelwal, discussed the complexities and rising trend of 'grey divorces,' where older couples decide to part ways after many years of marriage. The post's caption posed a poignant question about the challenges couples face when love becomes difficult. Given the sensitivity of the topic, Abhishek's engagement with the post quickly attracted attention, leading to speculation about his own marital status.

China, the world's biggest source of planet-warming greenhouse gases for most of the past two decades, is seemingly on the verge of bending its emissions curve from years of steep growth into a plateau. The implications for climate change could scarcely be greater. Since China's emissions surpassed those of the United States in 2006, China's global share has grown to almost a third — a huge number, even with population differences taken into account. A recent spate of data from China's government, as well as reports by energy analysts, have provided positive signs that while China's emissions may not decrease significantly, they also may not grow. Chinese President Xi Jinping had pledged to reach that turning point by 2030.

Economic Survey 2023-24 will be tabled in Parliament today by Finance Minister Nirmala Sitharaman. This document reviews the economic performance of the past fiscal year and provides a future outlook. It covers India's fiscal policy trajectory, the evolution of banking and capital markets, and the performance of the manufacturing and services sectors.

JSW Infrastructure Ltd, India’s second-largest port operator, is considering building green hydrogen and ammonia plants at its ports to diversify into this potential growth market. “This is a new age business that is emerging. We have been contemplating and exploring opportunities in this sector,” Arun Maheshwari, joint managing director told ET. “We’ve been approached by companies interested in the green hydrogen and ammonia segment, and we are evaluating the potential to enter this market as well,” he added.

US Homeland Security Secretary Alejandro Mayorkas has appointed a bipartisan, independent panel to review this month's assassination attempt on former President Donald Trump, officials said Sunday. The panel members will have «extensive law enforcement and security experience to conduct a 45-day independent review of the planning for and actions taken by the US Secret Service and state and local authorities before, during, and after the rally, and the US Secret Service governing policies and procedures,» the Department of Homeland Security said in a statement. The first people named to the panel are former Homeland Security Secretary Janet Napolitano; Frances Townsend, former Homeland Security adviser to President George W. Bush; Mark Filip, a former federal judge and deputy attorney general to President George W. Bush; and David Mitchell, former Secretary of the Department of Public Safety and Homeland Security for the state of Delaware. Additional experts could be asked to join the group in the coming days, the statement said.

Rajouri district, Jammu and Kashmir, officials said. The incident occurred at 4 a.m. when terrorists opened fire on the post. Troops guarding the post retaliated immediately, resulting in fierce exchanges of gunfire. An Army spokesperson confirmed the retaliation and subsequent actions. «The troops foiled the attack, following which a cordon and search operation was launched by security forces in the area,» the spokesperson stated. «Terrorist fire was returned. The soldier injured in the firing by the terrorists was shifted to hospital,» said an official source.

IDBI Bank and Suzlon Energy. Apart from the above, companies like Allied Blenders, Coforge, Cyient DLM, Dodla Dairy, Jana SFB, Mahindra Logistics, Maharashtra Scooters, Spencers Retail, UCO Bank, Zensar Tech among others will also declare their results.

IDBI Bank, Suzlon Energy, RIL, HDFC Bank, Kotak Bank, JSW Steel among others will be in focus due to news developments and quarterly results. IDBI Bank, Suzlon Energy

profit booking on Friday amid global selloff after a record-breaking rally in the last few days. «Investors are also cautious ahead of the Union Budget next week on 23rd July which will provide the next set of directions to the market. Earnings season will also pick up pace which will result in stock specific actions. Apart from Budget, US Core PCE data and PMI data will be key events to monitor,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

₹11.11 trillion. This may be increased slightly given the increased focus by the infrastructure-related ministries, the person added. "If the intention was to go with different numbers, more liberal numbers would have been presented in the interim budget," added the second person.