Provident Financial News
13.07 / 06:12
markets
UPS
Provident
Manufacturing
Platform
Trade
International
Mukul Agrawal’s stake in this semiconductor stock is now worth over ₹100 crore
this is the ultimate report you’ll need. The reason why I started this editorial with penny stocks is because the semiconductor stock that ace investor Mukul Agrawal is bullish on, used to be a penny stock not so long ago. Back in 2020, when we first wrote about semiconductor stocks and how the theme is expected to pick up in the coming years, this semiconductor stock was trading at around ₹50-60 per share.
13.07 / 06:10
UPS
Provident
FIVE
Highways
Experts
boating
mountaineering
Edmunds: Here are five big SUVs that are great for towing big trailers
Big summer plans that call for big toys require generous towing limits
13.07 / 06:07
UPS
Provident
Art
Booking
beautiful
Features
Clearance sale on furniture: Top 10 options for beds, wardrobes and more with elegant designs and durable build quality
Amazon offers on best-selling furniture brings up to 64% off on gaming chairs, office chairs, recliners, and moreThe Seventh Heaven Milan 3-Seater Sofa in Brown is designed with comfort and durability in mind. It features a solid wood frame and Sheesham wooden legs, providing a sturdy foundation. The sofa is upholstered in chenille Molfino fabric, known for its softness and luxury feel.
13.07 / 06:01
markets
UPS
Provident
wellness
Cycling
Profiles
Valuations are up... will profits keep pace?
earnings versus a 20-year average of 20.4x (at the 88th percentile). So, what has been driving the markets and more importantly, what’s next? The superior returns were triggered by a stable macroeconomic profile, improving corporate profitability as well as strong liquidity. On the macro side, fiscal consolidation, a focus on capital spends and moderating inflation have boded well for India. The recent GDP growth print of 8.2% was also a positive surprise for market participants. From a corporate profitability point of view, from FY18’s low of 1.3%, India’s corporate profits as % of GDP have dramatically improved to 5.5% in FY23. Liquidity has been strong too, providing a cushion to the markets. In 2023, FIIs bought $21.4 billion, while domestic institutions bought $22.3 billion. The vast improvement seen in systematic investments into mutual funds is particularly heartening. SIPs —which stood at Rs 8,500 crore in FY20 — amounted to Rs 20,900 crore in May of 2024. Even as these numbers explain what has happened in recent years, the question still remains: what now? And what next?
13.07 / 05:52
COST
Citi
Provident
FIVE
community
Universities
social
Tiny homes, built largely with philanthropic support, offer more patch than solution to homelessness
In response to a nationwide crisis that has left more than 650,000 people without housing, 100 tiny home villages for the homeless have opened in the United States over the past five years
13.07 / 05:49
Provident
Cooper
security
President
country
hospital
Ukraine's Zelenskyy discusses further NATO support with Polish Prime Minister Donald Tusk
Ukrainian President Volodymyr Zelenskyy says he expects the upcoming NATO summit to provide specific steps to strengthen his country’s air defenses against Russia
13.07 / 05:40
Provident
Booking
War
show
blues
dance
reports
House of the Dragon Season 2: Will Rhaena have Sheepstealer as her dragon?
Rhaenyra Targaryen (Emma D'Arcy) takes decisive steps to safeguard her family's future. She sends her stepdaughter, Rhaena Targaryen (Phoebe Campbell), to the Vale as the guardian of her children, princes Joffrey (Oscar Eskinazi), Aegon, and Viserys. Rhaena, the only Targaryen without a dragon, is understandably frustrated by this decision. However, she embarks on this journey with four dragon eggs, raising hopes that one might finally hatch for her, as mentioned in a report by Collider.
13.07 / 05:39
UPS
Provident
security
Instagram
audience
recommendations
Videos
Sebi strikes finfluencers: Can Sebi diktat protect investors from dubious investment advices on YouTube, Instagram, WhatsApp?
finfluencers by prohibiting any association, monetary or non-monetary, between Sebi-registered intermediaries/regulated entities and unregistered entities (including finfluencers). Now, these rules have come into force. Here’s what the new rule states: ‘The persons regulated by the Board and agents of such persons shall not have any association, like any transaction involving money or money’s worth, referral of a client, interaction of information technology systems or any other association of similar nature or character, directly or indirectly, with any other person who, directly or indirectly, provides advice or recommendation or makes any implicit or explicit claim of return or performance, in respect of or related to security or securities, unless permitted by the Board to provide such advice/recommendation/claim.’ What does this mean in practice? It implies that anyone who gives investment advice or recommendations, even implicitly, cannot receive any money or have any association with stock brokers or trading platforms and other market participants or any Sebi-regulated entity. It precludes even incidental association with such people or entities.
13.07 / 05:29
markets
Provident
Digital
security
Trade
show
electronic
Sebi mandates email as default mode for dispatching CAS by depositories, Mutual Fund-RTA
Markets regulator Sebi on Tuesday mandated email as a default mode of dispatch of 'Consolidated Account Statement', which provides an account of securities traded by an investor, by depositories and Mutual Fund-Registrar and Transfer Agents (MF-RTAs). The new framework will come into force from April 1, the Securities and Exchange Board of India (Sebi) said in a circular. A Consolidated Account Statement (CAS) is a single or combined account statement which shows the details of financial transactions made by an investor during a month across all mutual funds and also other securities held in dematerialised (demat) mode.
13.07 / 05:28
Provident
Discover
trends
folk
recommendations
strain
Features
Best study chairs for home office 2024: Top 9 options with sturdy build quality and good ergonomics
Reasons to buyReasons to avoid2. ASTRIDE Ace Mid Back Office Chair for Work from Home The ASTRIDE Office Chair is designed to provide comfortable seating for extended study and work sessions. Its ergonomic design supports the natural curve of the spine, reducing back pain and promoting good posture.
13.07 / 05:25
Citi
Provident
security
community
track
innovations
reports
Cosmoverse Heads to Dubai, Showcasing Interchain and Web3 Innovation
Cosmoverse is back with its fourth annual conference in Dubai this year. Building on three successful years, Cosmoverse continues to showcase the thriving Cosmos-SDK ecosystem and its potential to cultivate a multichain future for greater global collaboration.
13.07 / 05:24
markets
UPS
Provident
Digital
Career
wellness
Schools
Schoolnet acquires Housing.com cofounder's edtech startup Genius Teacher
consolidation in the edtech sector, Housing.com cofounder Advitiya Sharma's startup Genius Teacher has been acquired by Schoolnet – an edtech firm that provides digital classroom services to government schools. Multiple deals in the space have closed over the last six to eight months including Google-backed edtech startup Adda247 acquiring testprep player Ekagrata Eduserv, Allen Career Institute buying Peak XV-backed Doubtnut and mid-tier IT services firm Happiest Minds acquiring Macmillan Learning India.
13.07 / 05:13
13.07 / 05:07
markets
Provident
Analysis
Opinion
Trade
Bitcoin
information
Watch These Ether Chart Levels Amid Rising Liquidations
Ether (ETH), the world’s second largest cryptocurrency by market capitalization, fell sharply early Friday to trade near a two-month low, participating in a broad-based sell-off across the asset class sparked by fears the market could soon be flooded with additional Bitcoins from defunct Japanese exchange Mt. Gox.
13.07 / 05:04
markets
Provident
Platform
Align
information
Understanding How Bintense Determines Cryptocurrency Exchange Rates
This article and its content have been produced and disseminated for persons outside of the United Kingdom. The information provided is not directed at or intended for distribution to, or use by, any person or entity located within the UK. The financial products and services mentioned in this article are not eligible for the UK. Cryptoassets are classified as Restricted Mass Market Investments in the UK, meaning that they are high-risk investments and are not suitable for most retail investors.
13.07 / 05:01
UPS
Provident
wellness
DISH
Features
Best microwave ovens with convection and grill in India: Top 6 picks of 2024 that aid versatile cooking
Reasons to buyReasons to avoidThe Samsung Convection Microwave MC28A6035QS features a 28-liter capacity and a ceramic enamel cavity for easy cleaning and durability. It comes with a slim fry technology for healthier frying options and a fermentation function for preparing homemade curd.
13.07 / 05:00
Provident
Ball
security
Football
performer
cover
Features
Best football equipment: Train hard with these top 7 essential gears and accessories for optimal performance
What are buyers saying on Amazon?The buyers love the overall product quality however there mixed opinions regarding the maintenance of the product.Why choose this product?Choose this if you are looking for a reliable ball for casual games or practice sessions.The Nike Mercurial Lite Shin Guards in White/Black are perfect for football players who want both protection and comfort. These shin guards feature a low-profile shell that provides cushioned protection, effectively reducing the impact on your shins during play.
13.07 / 04:59
Citi
Provident
Metro
Research
country
innovations
medicines
Biden administration provides $504 million to support 12 technology hubs nationwide
The Biden administration says it's providing $504 million in implementation grants for a dozen technology hubs in Ohio, Montana, Nevada and Florida, among other locations
13.07 / 04:58
Provident
security
Sustainability
Remark
reports
Department
International
CFOs, auditors must follow regulations in letter and spirit says RBI
financial institutions must guard against any misadventure or intelligent interpretation of regulations or accounting standards, deputy governor Swaminathan J said in his remarks at the conference of CFOs and statutory auditors organised by the Reserve Bank of India (RBI). Banks must also keep the amount of internal accounts to the minimum as some of these accounts have been found to be used as a conduit for certain fraudulent transactions, Swaminathan who is in charge of financial supervision and inspection departments with the central bank among others said. “We found certain banks having lakhs of such accounts with apparently no valid reason. Some of these accounts were also used as a conduit for certain fraudulent transactions and ever-greening of loan accounts. Internal accounts are high risk in nature on account of its potential for misuse. I therefore request the CFOs to have them rationalised completely, bring them down to the essential minimum and exercise greater control through periodical reconciliation and a proper reporting to the audit committee of the board (ACB), Swaminathan said.
13.07 / 04:52
Provident
Citizens
Progressive
Action
country
information
Updates
US Visa Bulletin For August 2024: Green Card applications from India see progress, but little
US Green Card applications: The August 2024 Visa Bulletin has been released, revealing slight progress for India's EB-2 and EB-3 categories. Meanwhile, other employment-based (EB) categories see no change. In the first preference category (EB-1, Priority Workers), the dates hold steady across all countries. For EB-1 India, the cutoff date remains February 1, 2022. This update is particularly significant for Indian applicants in the EB-2 (Advanced Degree Professionals) and EB-3 (Skilled Workers) categories, as any forward movement in priority dates can impact their green card application process. While the advancements are minor, they provide a glimmer of hope for many waiting in line. The unchanged status of the EB-1 category suggests that demand remains high, and the backlog continues. The steady date of February 1, 2022, for EB-1 India indicates that applicants will have to wait longer for their priority dates to become current.
13.07 / 04:39
UPS
Provident
students
reports
travelers
Courts
Investigations
NEET UG exam: CJI bench was convinced that paper has been leaked, says petitioner Alakh Pandey
«The CJI bench was convinced of the fact that paper has been leaked...They want to determine to what extent the paper has been leaked. They have asked for the timeline related to; when is the paper prepared? Which committee prepared it? How is a paper prepared in two sets? How is paper circulated to centres? They wanted to see the chain of custody of the paper to determine the time of the paper leak,» Pandey said. «The court wants to determine whether it (paper leak) was a systematic failure or whether it happened due to the malpractices of some individuals,» he added.
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