Provident Financial News

10.06 / 05:25

Provident Citizens Strategy cover information prevention Income Tax Return: How to maximise your tax refunds while filing ITR?

Also Read: Income Tax Return filing: Salaried individuals need to be aware of these 5 key pointsSeveral deductions are encompassed within Section 80C of the Income Tax Act in India. This provision enables you to claim deductions for various investments and expenses, thereby, reducing your taxable income and potentially decreasing your tax liability.

10.06 / 05:25

markets UPS Provident Platform Interface Trade reports Paytm share price gains over 8.5% to cross ₹400 mark after 8 weeks, recovers 33.5% from all-time low

One 97 Communications, the parent company of Paytm, surged another 8.60% in early morning trade, crossing the ₹400 mark for the first time in 8 weeks to reach ₹414.This rally has propelled the stock to gain 33.54% from its all-time low of ₹310, touched in the second week of May. During Friday's trading session, the company's shares hit the 10% upper circuit limit, following a 2% gain in the previous session.Stock exchanges recently raised Paytm's upper circuit limit to 10%, after initially reducing it to 5% due to significant volatility stemming from the RBI's restrictions on Paytm Payments Bank.Paytm has recently said it is seeing early signs of recovery and strong stabilization in its Unified Payments Interface (UPI) business.

10.06 / 05:25

markets Provident Enterprise Trade information Blackstone sells Mphasis tranche in early Monday trade

₹7,066 crore in the information technology services company.Mphasis shares were trading down 2.51% at ₹2,409.85 apiece at 9.40 am on Monday, a strong market day with the benchmark Sensex opening at a record 77,000 points.This is Blackstone's second move at selling Mphasis shares, this time through the open markets.Blackstone Capital Partners first acquired a 60.48% stake in Mphasis from Hewlett Packard Enterprises in 2016 for ₹5,466 crore (at the time, $827 million). After failing to sell its Mphasis shares through a private deal, Blackstone rolled over its stake in the company to a new fund in April 2021.

10.06 / 04:25

Provident Target Action Assurant security hospital reports J-K: Search operation underway in Reasi after terror attack

Indian Army launched a search operation in Jammu and Kashmir's Reasi on Monday morning following the attack on a bus coming from Shiv Khori, in which ten pilgrims were killed on Sunday evening.

10.06 / 03:11

Provident Manufacturing CEO Airlines security International Stocks to watch: Dr Reddy's, Mphasis, IDBI Bank, Wardwizard, Dalmia Bharat

Dr Reddy’s Laboratories: The pharmaceutical company has reported that the US FDA issued a Form 483 with four observations at its API manufacturing facility (CTO-6) in Srikakulam, Andhra Pradesh on June 7. The company has stated that it will address these issues within the stipulated timeline.Mphasis: BCP Topco IX Pte, a Singapore-based private limited company linked to Blackstone, is set to sell a 10.6% stake in Mphasis at a base price of ₹2,350 per share.

10.06 / 03:03

markets Provident Target economy CME track India bond yields seen rising tracking US peers

U.S. Treasury yields after strong economic data weighed on bets of rate cuts in world's largest economy. India's benchmark 10-year yield is likely to move in a 7.01%-7.06% range on Monday, following its previous close of 7.0168%, a trader with a state-run bank said. The yield posted a weekly rise last week, after easing for six.

10.06 / 01:39

UPS Provident Strategy Mobile guidelines Are we running out of landline, mobile numbers?

Mint explains: With the advent of 5G, ultra-high speed networks will be used by not only people owing mobile phones but also by internet of things (IoT), devices that will talk to each other, better known as machine-to-machine communication. And sooner rather than later satellite communications will come directly to our phones. With this backdrop, having spare capacity of telecommunication identifier (TI) resources is crucial for meeting any requirement that could come up in the years ahead.

09.06 / 20:53

Citi Provident Art DISH beautiful hospital rights From deadlines to delight: An unforgettable retreat

My recent stay at the Ritz Carlton Bengaluru was nothing short of transformative. As an editor constantly immersed in deadlines and the hustle of city life, I desperately needed a retreat that would offer both luxury and tranquillity. The Ritz Carlton provided exactly that, and so much more.

09.06 / 20:53

COST Provident security Pool Election Food Bonus to paddy farmers to cost Odisha Rs 6000 crore annually

To fulfill its election promise of a 42% bonus over the minimum support price (MSP) to paddy farmers, the new government in Odisha has to make budgteray provision in excess of Rs 6000 crore per annum, given the curent level of procurement in the state, official sources said.

09.06 / 17:51

UPS Provident Manufacturing Universities fun recommendations Features Best Abacus for your kid to enhance their math skills with fun

Read more about other Baby products items on the Top Trending Products page. Check out the best Abacus below. Modi 3.0 LiveModi Oath Ceremony Live 1. Giggles Funskool Abacus Giggles Funskool, Abacus, Multicolour Wooden Educational Toy, Early Math Skills, 3 Years & Above, Preschool Toys (1 Pieces)20% Off₹1,004₹1,249Buy Now Crafted with premium quality wood and adorned with child-safe paints, this durable toy ensures years of joyful learning. Its attractive, gender-neutral colors make it an ideal gift for bot

09.06 / 15:05

COST Provident exclusive Steal Deal: Minimum 25% Off on Luxurious Perfume brands like Nautica, Jaguar, and Guess

09.06 / 12:33

Provident Digital Extreme Platform reports rights Brands weave stronger customer bonds by leveraging past behavior to contextualise experiences

By Raviteja Dodda

09.06 / 12:19

Provident Progressive WhatsApp President show Schools Will new FM support global effort for 'billionaire tax': Congress asks ahead of swearing-in

India's new finance minister support the global effort for a "billionaire tax" and will the prime minister stand with the common people or billionaires, the Congress asked on Sunday, ahead of the swearing-in ceremony of a new government. Prime Minister-designate Narendra Modi will on Sunday take oath for a third consecutive term as prime minister, along with members of his council.

09.06 / 11:13

Provident Experts Justice reports Courts rights Updates Land for jobs 'scam': Delhi HC directs medical evaluation of Lalu's aide Amit Katyal

Delhi High Court has directed the constitution of a medical board to evaluate the medical condition of RJD chief Lalu Prasad Yadav's close aide Amit Katyal, who sought interim bail on medical grounds in a money laundering case linked to the alleged land-for-jobs scam in the Indian Railways. The High Court observed that even though the report from the jail did not indicate any «underlying medical condition», the accused recently had a bariatric surgery and, therefore, asked the AIIMS director to immediately constitute the team of doctors from minimum three different specialties to ascertain the nature of ailments he is suffering from.

09.06 / 09:57

Provident WhatsApp Food cover inclusion Instant flour mixes for dosa, idli, dhokla cannot be classified as sattu; 18% GST should be levied: GAAAR

khaman flour, cannot be classified as chhatua or sattu and 18 per cent GST should be levied on them, the Gujarat Appellate Authority for Advance Ruling (GAAAR) has ruled. Gujarat-based Kitchen Express Overseas Ltd had approached the AAAR against the ruling by the GST advance authority, saying that its seven 'instant flour mixes' are not 'ready to eat' but are required to undergo certain cooking procedures and can be termed 'ready to cook'.

09.06 / 09:56

Provident Action Enterprise stage country innovations reports Commerce Ministry may seek more funds for startups in forthcoming Budget

commerce and industry ministry may seek more funds for startups in the forthcoming Budget, to be announced by the new government, to promote innovation in the country, an official has said. The new government may announce the Budget for 2024-25 in July.

09.06 / 09:28

markets Provident Aviat CEO Airlines stars rights ‘All about more choices, India’s aviation market huge’: Star Alliance CEO on Air India-Lufthansa partnership in expanding aviation market

India is a major aviation market, and a stronger partnership between Air India and Lufthansa is beneficial, Star Alliance CEO Theo Panagiotoulias said. According to him, the association aims to unite its partners to provide unique value to passengers. Both Air India and Lufthansa are members of the Star Alliance, which includes 26 member airlines collaborating at over 50 global hubs to offer seamless connections worldwide. “We need to ensure that the right value proposition is there in India, which is a significant market,” Panagiotoulias added.

09.06 / 09:27

markets COST Provident CEO economy Align Sustainability Expect stability in interest rates for prospective homebuyers in short term: Developers

In its post-election RBI policy announcement, the MPC opted to maintain the repo rate at 6.5% for the eighth successive time. The RBI’s cautious stance reflects acknowledgment of persistent food inflation alongside a robust growth trajectory, evident in the revised growth forecast for FY25, now elevated to 7.2% from 7%.

09.06 / 09:27

UPS Provident Citizens Strategy exclusive diving Senior Citizen Fixed Deposits offering up to 9.50% return in June – Check latest FD rates

Fixed deposits (FDs) have long been a popular investment choice among investors, especially senior citizens looking for stability and regular income. Senior Citizen FDs are specifically tailored to cater to the needs of this demographic, offering higher interest rates and other benefits.

09.06 / 09:27

COST Provident Booking Citizens security actress Features Raheja Developers launches Surakshit Nivesh Yojana for Delhi Mall Complex

Following the success of Phase 1, Raheja Developers has announced the launch of the ‘Surakshit Nivesh Yojana Scheme’ (Phase 2) at the Delhi Mall Complex project, Main Patel Nagar Road, New Delhi. Renowned actress and environmental activist Dia Mirza inaugurated the scheme.

09.06 / 09:27

Provident Digital Platform security Mobile innovations Features How to get a Virtual Credit Card? Validity, benefits – Here’s everything you need to know

Digital transactions are becoming increasingly prevalent in India. Among the innovations driving this shift is the virtual credit card (VCC). A virtual credit card is a digital counterpart of a physical credit card, designed primarily for online transactions. Issued by banks, a virtual credit card is essentially a temporary card number that links to your actual credit card account. This number can be used for making purchases on e-commerce platforms, thereby offering an extra layer of security.

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