Provident Financial News

Reserve Bank's nod to operate as an online payment aggregator via its payment gateway brand AuroPay. The authorisation from the apex bank enables the company to operate as an online payment aggregator to provide digital payments services to merchants across the country. «Aurionpro Payment Solutions Private Limited, a subsidiary of Aurionpro...has received final authorisation from the Reserve Bank of India to operate as an Online Payment aggregator under the Payments Settlements Act, 2007, through its payments brand AuroPay,» a company statement said.

Tata Motors' electric vehicles, the Tata Nexon EV and Tata Punch EV, have received five-star safety ratings in the latest Bharat NCAP crash tests. These electric SUVs excelled in both the adult and child occupant safety categories, adding to their appeal as safe and reliable choices for consumers.

Unstoppable Domains is not just focusing on blockchain, but also integrating artificial intelligence to enhance user experience.

The Manta Foundation has launched a $50 million EcoFund to provide funding and support for blockchain ecosystem projects.

Fractional ownership is becoming more and more common with high-end items like art, real estate, and antiquities. These investments are more broadly available as this method enables many individuals to own a piece of a valuable asset.

Today’s lending methods make it challenging for financial institutions to strike a balance between profit and social responsibility. On the one hand, lending for profit is vital for businesses, whereas lending for social good benefits communities.

Jayant Chaudhary, minister of skills development and entrepreneurship (independent charge), on Thursday, called for increased collaboration with the industry partners to enhance the scope and effectiveness of apprenticeship and vocational training programmes in India besides . During a comprehensive review of the skilling schemes with the top ministry officials, Chuadhary reiterated on providing quality skill training to the youth, across the country, with a special focus on marginalized communities, backward areas, and new-age market relevant skills, the ministry of skills development and entrepreneurship (MSDE) said in a statement. Elaborating on the necessity of a unified effort to ensure the successful implementation and expansion of skill development initiatives across the nation, Chaudhary said that focus should be on close collaboration and convergence with other ministries and states to bring scale and speed to the skill ecosystem.

Supreme Court on Thursday that it has decided to cancel the grace marks awarded to 1,563 students in this year's all-India medical entrance examination, National Eligibility-cum-Entrance Test (Undergraduate) (NEET-UG) 2024 due to allegations of discrepancies. These candidates will be notified of their actual scores, excluding the grace marks, and will be given the option to appear for a re-test, the counsel representing the Union government said.

Flexible workspace provider WeWork India on Thursday opened its first Chennai co-working space in Olympia Cyberspace in Guindy, making this the 55th building for the company in the country. The facility spans over 130,000 sq. ft. and has 2,000 seats available across two floors. It has also already signed on members like Wheelocity Fresh, Molex India, Dr. Wamser + Batra India and H2O LLC.

IndiGo has announced new routes connecting Durgapur with Bhubaneswar, Bagdogra, and Guwahati. These new flights will commence on August 30, a statement by the airline said. Flights between Durgapur and Bhubaneswar will operate daily, Durgapur-Bagdogra four times a week, and Durgapur-Guwahati thrice a week, the statement added. Vinay Malhotra, head of global sales at IndiGo, said, «We are pleased to announce new routes connecting Durgapur with Bhubaneswar, Bagdogra, and Guwahati. With these direct flights, we aim to provide our customers with further seamless connectivity.» With the addition of these services, IndiGo will now operate 42 weekly flights from Durgapur, significantly enhancing trade, travel, and tourism across eastern India, the statement said.

LPL has bolstered its advisory presence further in Illinois as a veteran pair from Stifel embark on a long-planned journey of professional independence.

acquisition of Penna Cement will be funded through internal accruals. In its edition dated June 13, ET reported that the Adani Group is in talks to acquire Penna Cement. The Group is also evaluating other cement companies for acquisition including Gujarat-headquartered Saurashtra Cement and the cement business of Jaiprakash Associates as well as ABG Shipyard-owned Vadraj Cement.

T20 World Cup 2024, Hardik Pandya delivered phenomenal spells, especially against Pakistan, a game which went to the final ball. All the trolling and then rumours about his disrupted marriage don't seem to affect him that much, and Hardik Pandya is looking back in shape. Hardik Pandya's recent interaction with Australia legend Ricky Ponting might provide closure to Indian cricket fans, who are still confused about the buzz around his divorce.

—Name withheld on request.You can buy portable equipment insurance for your mobile phones, laptops or personal portable devices. Such insurance is generally an all-risk policy. It would cover any accidental damage to the device including breakage, short-circuit and theft.Several insurers offer such insurance.

Indian stock market: On Thursday, June 13, the Sensex and Nifty 50, India's leading stock market indices, reached new all-time highs during the session. This surge was driven by robust macroeconomic indicators, fostering optimism regarding India's economic growth prospects in the medium to long term.In the trading session, the Sensex reached a new all-time high of 77,145.46, and the Nifty 50 achieved a new peak of 23,481.05.Also read: What does Fed's indication of single rate cut mean for Indian IT stocks?By the end of the day, the Sensex concluded at 76,810.90, marking an increase of 204 points, or 0.27%.

JPMorgan Asset Management Chief Market Strategist Gabriela Santos analyzes the Federal Reserve's decision making on 'The Claman Countdown.'

Northern Trust Asset Management has appointed a new head of global ETFs and funds, part of its business that has around $230 billion in assets under administration.

Companies that use artificial intelligence to transform their business could be the next crop of firms to benefit from investors’ enthusiasm for the technology, according to a top JPMorgan Chase & Co. executive. 

The decentralized finance (DeFi) landscape is experiencing rapid evolution, and at the forefront of this transformation is ONI DEX. Poised to become the largest and most innovative decentralized exchange (DEX) in 2024, ONI DEX introduces a suite of groundbreaking features that distinguish it from other platforms. With multi-chain capabilities, pioneering support for the GALA Chain, dynamic launchpads, the ONI Token sale, the unique Spheres passive income model, Web3 gaming, and the ONI Talk social network, ONI DEX is set to revolutionize how users interact with digital assets and blockchain technology.

OTTAWA — The chief executives ofCanada’s five biggest banks are set to testify before a parliamentary committee later today about the impacts of the financial sector on climate and the environment.