Provident Financial News

HouseEazy, a proptech venture, hosted a landmark ‘Partner Summit’ in the NCR region. The company marked a significant milestone for the secondary real estate industry by unveiling a one of its kind ‘Annual Jackpot’ for its channel partners, and ‘HouseEazy Premier League’ also a first in the market.Attended by over 700 partners, the major highlight of the event was introduction of the exceptional annual rewards plan for channel partners which offers incentive slabs upto ₹1.75 crore for the top performing partners.Adding glamour to the affair was popular Bollywood celebrity Karishma Tanna who felicitated the top performing Channel Partners.

Silver rallied strongly by Rs 3,100 to Rs 95,950 per kg in the national capital on Tuesday, while gold went up Rs 130, in line with strong global trends. According to HDFC Securities, rising for the second straight session, silver prices surged Rs 3,100 to nearly a two-week high of Rs 95,950 per kg. It had closed at Rs 92,850 per kg on Monday. Meanwhile, the yellow metal prices climbed Rs 130 to Rs 72,950 per 10 grams. It had finished at Rs 72,820 per 10 grams in the previous session.

Senior living firm Columbia Pacific Communites is being merged with Kites Senior Care. This merger is expected to create one of the largest senior living firms in India. “The merger is under process for the India business of Columbia and is unlikely to impact the existing joint ventures. Columbia Pacific Communities has a net worth of over Rs 25 crore and is likely to be valued in the same,” said multiple people aware of the development. The latter has undergone a leadership change, with Mohit Nirula resigning in July 2023 to join Oberoi Hotels. V Siva Kumar was appointed interim director at Columbia Pacific Communities and is now the CFO.

Investors up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a boost to Canada’s long-suffering bank stocks.

360 One Prime has launched an issue of non-convertible debentures (NCDs). These are redeemable, non-convertible debentures and were launched on May 24 and will close on June 6, 2024.

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

deadlines next month that you should be aware of. The following is a list of six financial deadlines in June 2024.

With so many cryptocurrency initiatives available, choosing one becomes challenging. So, here’s a list of Crypto To Explode in 2024 Below-mentioned is a list of the next cryptocurrency to explode in 2024 with promising returns:

NodeOps has secured $5 million in seed funding to enhance and simplify blockchain node deployment and management.

Income Tax Department has urged taxpayers to link PAN with Aadhaar by May 31, 2024, to avoid higher tax deducted at source (TDS) or tax collected at source (TCS). In a post on social media platform X on May 28, 2024, the tax department said, “Kind attention taxpayers, please link your PAN with Aadhaar before May 31st, 2024.” “Linking your PAN with your Aadhaar by May 31 ensures you don’t face higher tax deduction/ tax collection under Section 206AA and 206CC of the Income Tax Act, 1961, due to an inoperative PAN for the transactions entered into before March 31, 2024,” it added.

Mygate has entered the insurance distribution business, having received the aggregator licence from the Insurance Regulatory and Development Authority of India (IRDAI) to distribute insurance policies. The Bengaluru-based company has partnered with insurtech startup Acko General Insurance to distribute its insurance products. It is integrating Acko General Insurance’s services into its platform to provide access to insurance for four million households on the Mygate app.

India Accelerator has announced the launch of RUMS (Robotics, Unmanned & Space), a new vertical aimed at fostering innovation and growth in the robotics and unmanned industry. Recognised as India’s only dedicated accelerator vertical to propel the Robotics and Unmanned ecosystem growth, IA will be focused on providing strategic support to Unmanned Aerial Systems (UAS), Counterdrone System, Ground Robots and Space Startups. In the initial stage of inception, the accelerator projects to inject a 10-15 Mn capital in early-stage startups exhibiting potential in this space through its partner entity Finvolve. IA will lean on a number of experts to help select and grow the startups, with Lt. Gen Anil Chait, a former Indian Army veteran, who will be leading RUMS with his strategic guidance and support. His 40 years of experience encompassing armoured corps operations, counter-insurgency warfare, and disaster relief missions makes him an invaluable asset for defence startups.

Financial authorities in South Korea are prohibiting universities from opening corporate accounts for coin transactions. This is resulting in their inability to convert cryptocurrency donations provided by certain crypto businesses into cash.

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

The launch of Retik Finance (RETIK) has become a significant talking point. Retik Finance, a new decentralized finance (DeFi) platform, has managed to disrupt the market with an unprecedented 2000% increase in its token value within hours of its launch. This extraordinary surge has caught the attention of investors, analysts, and crypto enthusiasts worldwide. Here’s a detailed look at what Retik Finance is, the reasons behind its explosive growth, and what it means for the future of the cryptocurrency market.

French startup Ledger has finally begun shipping its latest Ledger Stax devices, nearly 18 months after their initial announcement.

As climate change makes storms more frequent and intense, Florida community foundations are looking for new ways to make sure they have resources on hand to support the public before, during and after a disaster

The U.S. State Department has set up an eight-person team known as “the firm” to provide help to countries cut off from Chinese trade

Finance officials from the Group of Seven rich democracies say they have moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries

₹2.11 lakh crore dividend to the government for the financial year 2023-2024, which was more than double the market had expected. A higher dividend amount provides a great deal of flexibility to the central government on the fiscal side and this positive surprise enthused all the markets with lower bond yields, rupee appreciating and the stock markets hitting new highs.Also Read: RBI dividend boost to help in improving budget math“The maximum impact of the higher dividend was seen at the longer end of the curve with bond markets feeling optimistic about a cut in government borrowing when the full Budget is presented in July," said Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund.Yields at the shorter end of the curve also came down as a result of lower borrowing in T-bills as announced last week to reduce the government surplus which may go up to ₹6 lakh crore after the transfer of the RBI dividend.