Provident Financial News
19.07 / 11:55
UPS
Provident
Waters
Manufacturing
Assurant
Micron
electronic
Chip manufacturing will commence soon in Gujarat: CM Patel
Gujarat has rolled out a dedicated policy for the semiconductor sector and chip manufacturing will commence soon in the state, Chief Minister Bhupendra Patel said on Friday, assuring that his government will provide necessary assistance to the industry. Patel was speaking after inaugurating the daylong 'Gujarat SemiConnect Conference 2024', covering various avenues of the semiconductor sector, at the Mahatma Mandir convention centre here. Micron Technology, Tata Electronics and CG Power, which are building their semiconductor plants in Gujarat, have collaborated with the state government as knowledge partners for the conference. Semiconductors, also referred to as integrated circuits or microchips, are an essential component of electronic devices, facilitating communications, military systems, healthcare, computing, transportation, clean energy, and several other applications.
19.07 / 11:49
UPS
Provident
Target
Man
Election
Healthcare
country
Budget: What middle class taxpayers got from Interim Budget and what they didn't
Budget 2024: In the past few years, India's middle class taxpayers have routinely witnessed high pre-budget expectations turning into deep post-budget disappointment. This time, however, some analysts reckon that there appears to be a more realistic chance of budget sops for taxpayers because of the relatively weak mandate that Modi govt got, which apparently underlined the discontent among some key voter groups including the urban middle class. The interim budget tabled by FM Nirmala Sitharaman ahead of the 2024 general elections did not have any significant announcement on tax matters. There, however, were a few initiatives aimed at the common man in areas such as healthcare, housing and power. Here is a look at some of the important Interim Budget announcements in areas that have a direct bearing on the common man.
19.07 / 09:51
UPS
Citi
Provident
Citizens
Healthcare
cover
hospital
Budget 2024: Will Sitharaman give a higher dose of allocation for healthcare this time around?
Union Budget 2024: India, under PM Narendra Modi’s tenure, has seen a steady increase in healthcare allocation and spending. Even before the Covid-19 pandemic shut down the world, the government had highlighted healthcare as a priority sector. The allocation for health in the recently presented Interim Budget for 2024-25 was especially crucial as India approached the 2025 deadline set by the National Health Policy (NHP) 2017 to increase health expenditure to 2.5% of GDP.
19.07 / 09:47
markets
Provident
Digital
Platform
security
information
reports
Exploring DePINs Use for Private, Secure Information Exchange. Is it a Game Changer?
Over the past year, one technology that has grabbed the attention of technologists worldwide is DePIN (Decentralized Physical Infrastructure Network). Several big-name VC firms have also injected billions of dollars into this space, resulting in the total market capitalization of DePIN tokens breezing past the $25 billion threshold earlier in February.
19.07 / 08:41
Provident
Colleges
Updates
TS EAMCET 2024 Counselling Result LIVE Updates: Seat allotment result to be OUT soon; from direct link to steps-all here
TS EAMCET 2024 Counselling Result LIVE Updates: The Telangana Council of Higher Education (TSCHE) will declare TS EAMCET 2024 seat allotment result for Phase 1 today. Aspiring candidates can check the Round 1 seat allotment result on the official website of TS EAPCET at tgeapcet.nic.in.This year, as many as 3,55,182 candidates appeared for the Telangana EAMCET exam.
19.07 / 08:33
Provident
Booking
Airlines
information
reports
Updates
Sporting
Microsoft Outage Live Updates: 911 services in US, London Stock Exchange, airport services affected
Spectator Index, Crowdstrike shares fall over 12% in pre-market trading amid major global outagesA video shared by news agency PTI showed passengers stranded at Goa airport.In order to get rid of Blue Screen error, Boot your windows into Safe mode or Windows recovery environment.2) Go to C:\Windows\System32\drivers\CrowdStrike directory3) Find the file with the name “C-00000291*.sys" and delete it4) Boot your windows normallyAccording to an official Microsoft blog post, blue screen errors occur when there are serious problems that cause Windows to shut down or restart immediately. These errors can be caused by either software or hardware problems.In this case, however, Crowdstrike has admitted that the problem in Windows is due to an update it rolled out on Friday.
19.07 / 08:17
markets
UPS
Citi
Provident
Target
security
Trade
Budget 2024: Continuity expected with emphasis on fiscal consolidation, sectoral benefits
fiscal deficit target to 5.0% for FY25 from 5.1% in the interim Budget thus reinforcing the inclination to stick to fiscal consolidation; ii) make higher transfers to states for capex spend iii) increase transfer under PM KISAN from Rs.6,000 p.a. to Rs.7,500 p.a. iv) provide incentive to income tax payers to shift to the new tax regime by providing higher standard and other deductions/higher exemption limit/changes in tax slabs. Measures to bring down the interest rates in the system could trigger higher business activity, new capex announcements, reduce the interest outgo for businesses and expand valuation of stocks. For this, sticking to the fiscal consolidation path and desisting the tendency to turn populist will be appreciated. The government is likely to avoid being populist through handouts and could stick to the path of fiscal prudence although it may make extra efforts to win over a larger population of rural and urban poor by incurring targeted social welfare spending.
19.07 / 08:17
Provident
Twitter
Booking
Airlines
Software
information
Updates
Microsoft software outage grounds flights in India; passengers stranded
IndiGo, Akasa and SpiceJet’s check ins have been affected due to an outage in systems which operate on Microsoft’s software. “Our systems across the network are impacted by an ongoing issue with Microsoft Azure, which has resulted in increased wait times at our contact centres and airports. You may experience slower check-ins and longer queues. We are all hands-on deck and are working relentlessly to restore stability and normalcy. Our digital team is also coordinating closely with Microsoft Azure to resolve these issues swiftly,” IndiGo took to Twitter to inform it's passengers. “State of Indigo Airlines check in counter at Sri Lanka airport. Complete mess! @IndiGo6E People standing for checkin since the past two hours, no queue management and fired up tempers,” a user on Twitter said.
19.07 / 07:24
markets
Provident
Align
Opinion
wellness
Experts
information
MF Query: How saving on EMI of home loan property can make you crorepati in 15 years
commercial property or to sell it and invest the proceeds in mutual funds and stocks for potentially higher returns. Madhu R, a 33-year-old investor with a risk appetite, purchased a commercial property for 60 lakh 2 years ago with a Rs 30 lakh home loan. The monthly EMI is Rs 29,647, while the rental income from the property is Rs 13,500. With the property value now at 85 lakh, Madhu is considering selling it to invest in mutual funds and stocks, aiming for better long-term returns and the potential to save on EMI payments.
19.07 / 07:19
Citi
Provident
Pool
WhatsApp
wellness
Atishi demands Rs 10,000 crore for Delhi, claims no return on Rs 2 lakh crore tax contribution
Delhi Finance Minister Atishi on Friday demanded Rs 10,000 crore from the Centre for infrastructure development, claiming the city government got nothing in return over the past year despite its income tax contribution of Rs 2 lakh crore. Delhi also provided Rs 25,000 crore as central GST to the pool of taxes, the minister said during a press conference here.
19.07 / 06:35
Dogecoin
Provident
Waves
FIVE
trends
Cycling
Dogecoin news
Will Dogecoin’s Post-Halving Wave Drive Prices Higher? Bullish Analysts Weigh In
Dogecoin price movements have sparked interest in its future potential, with many analysts providing optimistic Dogecoin price predictions.
19.07 / 06:22
UPS
Provident
Invesco
wellness
performer
recommendations
PSU MFs outshine with up to 99% return in 1 year! Will Budget turbocharge your wealth?
mutual funds have offered up to 99% return in the last one year. These funds gave an average return of 95.68% in the similar time horizon. SBI PSU Fund, the topper in the category, offered 99.87% return in the last one year. Invesco India PSU Equity Fund offered 97.70% return in the said period. The scheme is the oldest scheme in the category.
19.07 / 06:06
UPS
Provident
Progressive
Experts
cover
consequences
Start 30% tax slab at Rs 30 lakh in Budget 2024 to give inflation-relief to middle class: Expert view
Currently, income above Rs 15 lakh attracts a tax rate of 30% under both regimes. This, coupled with the removal of most exemptions and deductions in the new regime, results in a higher effective tax burden for this segment of taxpayers. As such, there is a growing consensus among taxpayers in this bracket that the current tax rates do not adequately reflect the complexities and expenses associated with inflation and higher incomes. Consequently, taxpayers have the following expectations from the coming budget 2024 on July 23, 2024.
19.07 / 05:07
Provident
security
Adventure
trends
innovations
travelers
Features
Best trolley bags set of 3 you can buy today: Top 9 durable and spacious choices for travel
Reasons to buyReasons to avoidThe Safari Pentagon Polypropylene Hardsided Luggage is a sturdy and reliable option for travelers. The hardsided design provides extra protection for your belongings, and the spacious interior allows for easy packing. The four wheels and retractable handle make it easy to maneuver through crowded airports and train stations.
19.07 / 04:07
Provident
BLOCK
Election
students
Department
prevention
Courts
Federal appeals court blocks remainder of Biden's student debt relief plan
Biden administration's student debt relief plan, which would have lowered monthly payments for millions of borrowers. In a ruling Thursday, the 8th Circuit Court of Appeals granted a motion for an administrative stay filed by a group of Republican-led states seeking to invalidate the administration's entire student loan forgiveness program. The court's order prohibits the administration from implementing the parts of the SAVE plan that were not already blocked by lower court rulings. The ruling comes the same day that the Biden administration announced another round of student loan forgiveness, this time totaling $1.2 billion in forgiveness for roughly 35,000 borrowers who are eligible for the Public Service Loan Forgiveness program.
19.07 / 02:48
Provident
economy
Sustainability
Research
performer
rights
International
Franklin India launches NFO: New players can get wide exposure via multicap MFs
investors looking for a single product that has a mix of large, mid and small-cap stocks can consider an allocation to the new fund offer (NFO) of Franklin India Multicap Fund. Investors who already own mid- and small-cap schemes in their portfolio can skip the offer. The NFO is open till July 22. The minimum investment amount is ₹5,000 and in multiples of ₹1,000. The scheme will be benchmarked to Nifty 500 Multicap 50:25:25 index. It will have an exit load of 1% for redemptions for investors who redeem in less than a year. The fund will be managed by R Janakiraman, Akhil Kalluri and Kiran Sebastian. The scheme will invest a minimum of 25% each in large, mid and small-cap stocks with the balance 25% blended optimally in line with an internal framework. The fund manager will apply its bottom-up QGSV stock picking framework emphasising quality, growth, sustainability and valuations to find the right ideas within these themes and sectors.
19.07 / 01:39
Provident
community
Pride
performer
testing
Sporting
Paris Olympics 2024: Indian breakers wait for their big break
₹7000-10,000. Local jams and a handful of pan-India events, by private organisers, keep the breakers going but they still don’t have enough avenues to test and tweak, learn and grow. Unlike other performance sports like gymnastics at the Olympics, where participants can practice and perfect their routines, a breaker has to improvise and jam in sync with the beats provided by the DJ.
19.07 / 01:20
UPS
Provident
Citizens
Extreme
country
Department
Insurance reforms: Indians not required, and other tweaks to lure foreign money
Mint. These reforms are being considered with the prime aim of bringing more foreign capital to the sector as only a few investors have taken advantage of the government’s decision in 2021 to increase the foreign direct investment limit in insurance companies from 49% to 74%. Earlier this year, Switzerland-based Zurich Insurance Group Ltd announcing plans to acquire a 70% stake in Kotak Mahindra General Insurance Co.
18.07 / 20:14
Provident
Action
Fighting
cover
reports
Courts
rights
Angelina Jolie urges Brad Pitt to end winery lawsuit. Do they use children as pawns in their fight?
Chateau Miraval, Angelina Jolie has pleaded with Brad Pitt to put an end to their legal battles. Before 2021, the pair owned a 50/50 share in the property, but things got ugly when Jolie sought to sell her stake in it. Pitt subsequently brought legal action, arguing that Jolie's transaction went against the marriage arrangement in which he had agreed to have the right to purchase her stock, as per the reports of 'Page Six'.
18.07 / 19:31
18.07 / 19:04
UPS
Provident
DiRT
trends
Freedom
Features
Best vacuum cleaners for sofa in 2024: Top 8 powerful and compact options for a spotless home
Reasons to buyReasons to avoidThe Handheld Powerful Filtration Lightweight Accessories vacuum cleaner is a versatile and convenient option for sofa cleaning. Its handheld design allows for easy maneuverability and precise cleaning.
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