Provident Financial News

Also Read: Beacon Trusteeship IPO booked over 465 times on day 3; check GMP, subscription status, key dates, moreThe initiation of the refund process will commence on Monday, June 3 for individuals not given shares. Those allotted will receive their shares in their demat accounts on the same day itself.Beacon Trusteeship IPO listing date is scheduled for Tuesday, June 4.If you have applied for the Beacon Trusteeship IPO, you can do a Beacon Trusteeship IPO allotment status check online on the website of the IPO registrar, Kfin Technologies Ltd today.Here's Beacon Trusteeship IPO allotment link - https://ris.kfintech.com/ipostatus/You will be able to view the status by clicking five links after clicking the previously stated link.Open one of the five provided URLs, then select Beacon Trusteeship IPO from the drop-down box in the "Select IPO" section.Choose the Application No., Demat Account, or PAN to view the status.- Enter the captcha code after the application number if you choose that option.

₹3050.15 crore on May 30, while domestic institutional investors provided support as they bought equities worth ₹3,432.92 crore on the same day.The rupee recovered 11 paise to settle at 83.29 against the US dollar on Thursday on softening American currency and crude oil prices in the overseas market. Foreign fund outflows, sharp losses in domestic equities and increased month-end dollar demand from oil marketing companies weighed on the Indian currency.

₹30,000 at 18% interest, a personal loan of ₹60,000 at 15% interest, and a consumer durable loan of ₹10,000 at 12% interest, taking a consolidation loan of ₹1,00,000 at 11% from a bank can clear all three debts, reducing your interest rate and simplifying financial management. Negotiating with creditors can involve requesting a lower interest rate, waiving fees, or restructuring debt repayment terms. Creditors may be open to negotiation if they believe it will increase their chances of getting repaid, especially if a borrower is facing financial difficulties.

If you are an EPF (Employees Provident Fund) subscriber and want to use one or more of the services given on the unified portal, then you need to visit the official website of Employees Provident Fund Organisation (EPFO) i.e.,  epfindia.gov.in.

Although receiving a rejection for a personal loan can be disheartening, it also presents a chance to grow and better your financial circumstances. It’s imperative to comprehend the reasons behind this and plan steps to improve your chances of being accepted in the future.

There are times when people overestimate the ability of basic guaranteed return programs to build a sizable retirement portfolio. By guaranteeing that you receive the promised interest and protecting your principal, these programs offer significant benefits. Retirement planning is made easier because you know exactly how much your investment will increase over time. The fact that plans like the Public Provident Fund (PPF) require little intervention is one of their biggest benefits. You plant it and let it grow.

Post office deposits: In today's financial landscape, individuals often seek avenues to maximise savings while optimising tax benefits. While several investment instruments offer tax-saving advantages under Section 80C of the Income Tax Act, Post Office Savings Schemes don't fall under this category. Let's delve into five such schemes provided by the Post Office that remain viable options for conservative investors despite not offering Section 80C tax-saving benefits.

India will likely report economic growth of close to 8% in the fiscal year that ended in March, providing a boost to Prime Minister Narendra Modi’s government as elections come to a close. Official data due to be published Friday will probably show Asia’s third-largest economy grew 7% in the first three months of the year, taking growth for the financial year through March to 7.9%, according to a Bloomberg survey of economists. Catch it live here

compliance burdens and costs for Indian startups and businesses providing AI systems in that region and impact their competitiveness, experts said. The Act is expected to come into force by the end of June.

Authorised Push Payment fraud has soared in recent years, with UK losses of more than $500 million last year. To tackle this, regulators are rolling out new rules for the banking industry that, from October, will see the vast majority of money lost to APP frauds reimbursed to victims. However, UK banks have long been campaigning for big tech, social media and telcos to take more responsibility for fraud that originates from their platforms.

Arete Wealth has announced a deal to bolster its presence in California with a new branch office and more than $800 million in AUM.

₹3.37, marking a substantial 79.56% increase from the previous year.EIH's stock performance in the market has been quite volatile, with a -9.24% return in the last week, but impressive returns of 85.41% in the last 6 months and 74.97% year-to-date.As of 31 May, 2024, EIH has a market capitalization of ₹27300.27 Cr, with a 52-week high/low of ₹502.2 and ₹203.3 respectively.Among the analysts covering the company, all 1 analyst has provided a Buy rating as of the latest data available on 31 May, 2024, with the consensus recommendation also being to Buy.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹222.93CrQuestion : What is Q4 revenue?Ans : ₹741.34CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

₹1.49 for Q4, marking a 14.58% increase year-over-year. This positive EPS growth reflects well on the company's profitability.Shalby's stock performance has shown mixed results with -0.7% return in the last week, -12.01% return in the last 6 months, and -10.67% Year-to-Date return, reflecting market volatility.With a market capitalization of ₹2897.41 Cr and a 52-week high/low of ₹339.5 & ₹136.5 respectively, Shalby continues to be a prominent player in the healthcare sector.Analysts covering Shalby have provided positive ratings, with 1 analyst giving a Buy rating and 1 analyst giving a Strong Buy rating as of 31 May, 2024.

It’s been more than four years since the government launched its first COVID-19 relief program in the form of the Canada Emergency Response Benefit (CERB), ultimately replaced by the Canada Recovery Benefit (CRB). But the courts continue to hear cases brought by individuals who have been asked to repay benefits they should have never received because they simply didn’t qualify.

Realta Wealth has taken another step in its leadership-building efforts with a new C-suite addition.

Raymond James has acquired a beefy book of nearly $1 billion in client assets through a new addition to its financial institutions division.

₹3.36 trillion owed by defaulting corporations under the Insolvency and Bankruptcy Code since 2016 when the bankruptcy reform was introduced, finance and corporate affairs minister Nirmala Sitharaman said on Thursday.The minister said in a social media post that the recovery, a significant improvement over the previous regime—the Board for Industrial and Financial Reconstruction (BIFR)—represents around a third of what was claimed by creditors and 162% of the liquidation value of the assets. The BIFR regime achieved debt resolution of fewer than 3,500 cases in the nearly 30 years since its inception in 1987 whereas IBC has rescued 3,171 distressed companies between 2016 and March 2024 and helped shut down unviable businesses, the minister said in the post.

PTI.ALSO READ:‘It was our fault…': Pakistan violated peace agreement with India in 1999, says former Pak PM Nawaz SharifWahida is a resident of Nagaon district in Assam and was arrested in 2023 along with her son while illegally entering Pakistan from Afghanistan via the Chaman border.She told the authorities in Pakistan that an Indian travel agent had deceived her, due to which she reached Pakistan. "After the death of my husband in 2022, I decided to take my son to Canada.

electronic tax return filing system that it experimented with this year and is asking all 50 states and the District of Columbia to help taxpayers file their returns through the program in 2025. The IRS tried the Direct File project for the 2024 tax season on a limited basis in 12 states for people with very simple W-2s, the employee’s wage and tax statement. The agency also is inviting all states with a state income tax to sign up and help people file their state returns for free.

Discount retailer Dollar Tree is planning to reopen some 99 Cents Only stores that have closed, rebranding them and filling them with their own products

With the crypto market enjoying an uptrend—Bitcoin hitting a new all-time high (ATH), Ether nearly reaching its peak, and meme coins starting to pump again—RWA project Lingo has begun its airdrop season to reward its strong and vibrant community.