Provident Financial News
22.03 / 08:45
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Justice
Equality
Courts
SC denies maintenance to working woman, cites equal earnings of both husband and wife
A bench of Justices Abhay S Oka and Ujjal Bhuyan refused relief to the woman, who is an assistant professor, stating that there was no ground for interference under Article 136 of the Constitution. «Both the first petitioner and respondent (husband and wife) are holding the same post of an Assistant Professor. No case for interference is made out in exercise of our jurisdiction under Article 136 of the Constitution of India. The special leave petition is accordingly dismissed,» the court said.
22.03 / 08:45
markets
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Diversity
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Unlocking Value: Why REITs & InvITs deserve the spotlight
investors with the opportunity to enter the real estate and infrastructure markets—sectors traditionally accessible only to those with significant capital. REITs primarily focus on commercial real estate assets such as office spaces, malls, and hotels, while InvITs invest in infrastructure projects, including highways, power transmission networks, and gas pipelines. These instruments are listed on Indian bourses akin to a normally listed stock and are regulated by the Securities and Exchange Board of India (SEBI), enabling both retail and institutional investors to participate in large-scale, professionally managed ventures, while benefiting from liquidity and transparency. With over a decade of success, the Indian REITs & InvITs landscape is steadily evolving and poised for further growth. As of March 2025, India has 4 listed REITs and 26 SEBI-registered InvITs, 4 of which are publicly traded.
22.03 / 06:07
markets
UPS
Provident
Strategy
performer
electronic
Silver breaking out above Rs 1 lakh is an opportunity for investors. Here’s why
strong upside potential for silver at the beginning of March, and since then, the price of future contracts has risen by 6.6%. As mentioned in the previous article, one of the major data points supporting silver’s upside potential is the Silver-to-Gold ratio. Excluding the COVID-period decline, the current ratio of 1.09% is near a 30-year low. Gold, which has moved up phenomenally, has also paved the way for silver to gain momentum, as it closely follows in the precious metals category.
22.03 / 06:07
Provident
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consequences
4% reservations in govt contracts against law, Congress will face consequences: Anurag Thakur
Speaking to ANI, Thakur said, «Congress believes in the politics of appeasement, Divide and Rule. At the direction of Rahul Gandhi, the play staged by Karnataka Congress leaders clearly shows that to gain Muslim votes, a 4 per cent reservation is being given in government contracts.» He claimed that the Karnataka government's decision to provide 4 per cent reservation to minority contractors is against the law and added that they will have to face consequences. «This is against the law, and they would also have to face the consequences. Congress has not learnt anything even after so many defeats,» Thakur said. The Karnataka state cabinet approved an amendment to the Karnataka Transparency in Public Procurement (KTPP) Act, which aims to provide 4 per cent reservation in tenders to Minority contractors.
22.03 / 06:07
markets
UPS
Provident
country
innovations
International
PLI scheme for textiles being implemented nationwide: Ministry of Textiles
Textiles on a Pan India basis, including Odisha, said the Ministry of Textiles. The PLI scheme promotes the production of MMF apparel, MMF fabrics, and technical textile products to achieve size and scale and become competitive. Rs 1,143 crore is allocated for disbursement under the PLI scheme to companies that achieve the prescribed threshold investment and threshold turnover. Out of the 74 applicants selected under the scheme, 24 are MSMEs. No application is made for setting up a factory in Odisha.
21.03 / 21:13
Provident
Platform
Actor
social
reports
Courts
rights
Elon Musk slashes support for Ashley St. Clair in cold-blooded response to her custody battle over their son
'Baby mama' Ashley St. Clair sued Elon Musk for custody of their son, and he used a brutal tactic to silence her. According to Ashley St. Clair's lawyers, Elon Musk took a cruel step to silence her after she went public and filed a lawsuit against him for custody of their newborn son.
21.03 / 20:15
Provident
Fighting
Actor
love
Celebrity
reports
New chapter for Kevin Costner? Actor sparks romance rumors as he grows close with this unexpected former flame after divorce from Christine Baumgartner
Kevin Costner is finding solace in the unlikeliest of places: his first wife, Cindy Silva. Following his high-profile divorce from Christine Baumgartner, the actor has reportedly grown closer to Silva, relying on her for support as he embarks on this new chapter in his life.
21.03 / 19:51
UPS
Provident
security
President
country
Department
New Trump order to expand critical mineral production
Donald Trump is invoking emergency powers to boost the ability of the US to produce critical minerals-and potentially coal-as part of a broad effort to ramp up the development of domestic natural resources and make the country less reliant on foreign imports. An executive order signed by the president Thursday taps the Defense Production Act as part of an effort to provide financing, loans and other investment support to domestically process critical minerals and rare earth elements, according to a White House official. The US International Development Finance Corporation, working with the department of defense, will provide financing for new mineral production projects. The order, which also encourages faster permitting for mining and processing projects and a directive for the interior department to prioritise mineral output on federal land, comes as a direct response to long-held concerns among the US and allies that China overwhelmingly controls the processing of some of the most important critical minerals. These elements are used in a number of products from batteries to defence systems that are seen as crucial to the nation's energy and security.
21.03 / 19:51
Provident
Waves
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Career
love
Relationships
Horoscope Today, March 22, 2025: Here's astrological predictions, lucky colours, auspicious times, and remedies for all zodiac signs for Saturday
Horoscope Today, March 22, 2025: The stars have aligned to bring a fresh wave of energy on March 22, 2025. Whether you're seeking answers about love, career, or finances, the universe offers intriguing insights for every zodiac sign. With the solar eclipse approaching on March 29, the cosmic shift is amplifying these energies, bringing surprises and opportunities. Here’s an in-depth, human-centered, and engaging look at what the day has in store for you.
21.03 / 16:11
markets
UPS
Provident
Platform
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travelers
SBI MF, ICICI Prudential MF, Nippon India MF buy 4.12% stake in TBO Tek for Rs 537 cr
Mutual Fund (MF), ICICI Prudential MF, and Nippon India MF on Friday acquired a 4.12 percent stake in travel distribution firm TBO Tek for Rs 537 crore through open market transactions. TBO Tek is a technology platform engaged in the business of providing services related to tours and travel. A total of 44.72 lakh shares, or 4.12 per cent stake, in TBO Tek were acquired by the three mutual fund houses in three separate transactions on the BSE.
21.03 / 16:11
Provident
Action
Opinion
Food
social
consequences
Vaccines
'Adopt or don't feed': Delhi resident calls dog-lovers the 'worst' and sparks debate on feeding strays
Delhi resident recently shared his frustration about dog lovers, expressing that if someone truly cares for dogs, they should adopt them rather than just feed them. His concerns arose after a stray dog bit his house help, a dog that his neighbour regularly feeds outside the Redditor’s doorstep. He took to social media to voice his opinion, warning about the risks associated with feeding stray dogs, particularly the threat of diseases they may carry. He highlighted that this was not the first time such an incident had occurred in his locality. Several housemaids and delivery personnel had already been bitten before, and in one unfortunate case, a woman lost her life due to a dog attack. The situation has left him deeply concerned about the safety of people in his building, especially those who rely on daily wages to support their families. The resident also pointed out the dangers of rabies, emphasizing that even with vaccinations, the disease remains fatal. He urged people to be more responsible when feeding stray dogs, suggesting that if they must provide food, they should do so away from residential areas to prevent the risk of attacks.
21.03 / 14:43
UPS
Provident
security
President
cover
Department
Trump invokes emergency powers to expand critical mineral production
United States President Donald Trump is invoking emergency powers to boost the ability of the U.S. to produce critical minerals — and potentially coal — as part of a broad effort to ramp up the development of domestic natural resources and make the country less reliant on foreign imports.
21.03 / 12:29
UPS
Provident
economy
inclusion
travelers
International
Tripura govt presents Rs 32,423.44 crore tax free budget, proposes 13 new schemes
Tripura Finance Minister Pranajit Singha Roy on Friday presented Rs 32,423.44 crore budget for 2025-26, proposing a total of 13 new welfare schemes to help job seekers, mentally challenged persons, visitors to the state capital and others. No new tax was proposed in the budget with a deficit of Rs 429.56 crore. In the budget, emphasis was given to capital expenditure by allocating Rs 7,903 crore to boost economy and generate employment. Roy said the government will set up centres in Agartala, Udaipur and Ambassa to provide aspirants with quality coaching for various competitive examinations. Noting that the government focuses on inclusive growth, the minister said, «More focus was given on capital expenditure in the budget by allocating Rs 7,903 crore which is Rs 7,000 crore in the budget for 2024-25. The focus on capital expenditure will boost infrastructure building and generate employment for the youth,» he said. Roy said the government is set to establish a centre for computer-based examinations at Hapania International Fair ground in West Tripura so that the aspirants do not need to travel outside the state to appear in online examinations with a cost of Rs 15 crore.
21.03 / 12:29
Provident
Experts
country
electronic
information
Department
Courts
NRIs getting income tax notices for claiming lower tax rate benefit under DTAA; Know how to resolve this situation
non-resident Indians (NRIs) those who claimed benefit of lower or nil rate of taxation under the Double Taxation Avoidance Agreement (DTAA) are receiving income tax notice(s) for failing to file Form 10F. The Income Tax Act, 1961, allows NRI taxpayers to declare their income and file ITR by applying for lower or nil rate of income tax (in some cases) under DTAA. For availing the benefit of lower or nil taxes under DTAA, NRIs must submit a Tax Residency Certificate (TRC) and Form 10F. This form could be filled any time before filing Income Tax Return (ITR). As per the existing Indian tax law, there is no deadline to file Form 10F and it can be filed electronically by all NRIs who may or may not have a PAN card. The mentioned income tax notice given to NRIs read as follows: “Incorrect claim u/s 143(1)(a)(ii): Adjustment to total income has been done as per Schedule Capital gains & Special Income, and for this DTAA benefit is to be claimed then relevant statutory form shall be filed. This required adjustment to the income within the meaning of Section 143(1)(a) and accordingly this is an opportunity provided to respond within the time allowed.”
21.03 / 12:29
Provident
Progressive
Compilation
Puzzle
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reports
testing
NYT Mini Crossword March 21, 2025: Hints and answers to solve today’s brain teaser
Unlike the traditional full-size crossword, which demands extensive knowledge and patience, The Mini is a shorter, more accessible test of vocabulary and quick thinking. However, even a compact puzzle can present tricky clues that leave players stumped. If today’s crossword has you searching for answers, we have compiled hints and solutions for The Mini’s March 21 edition, as per a report by Mashable.
21.03 / 12:29
UPS
Provident
awards
community
Bill
Department
Bill providing 4% quota to Muslims in public contracts passed in Karnataka Assembly
Karnataka Assembly on Friday passed the bill providing 4 per cent reservation for Muslims in public contracts amid protests by BJP. The SC/ST contractors enjoy a 24.1% reservation in government contracts and the government later extended the benefit to communities coming under Category 1.
21.03 / 12:29
Provident
Strategy
Puzzle
Yellow
Experts
track
rights
Wordle answer and hints for Friday, March 21, 2025 (Wordle #1371): Here are clues, solution, and expert tips to crack today’s Wordle game
Wordle, a simple yet captivating word game created by Josh Wardle, took the internet by storm in late 2021. The game challenges players to guess a five-letter word within six attempts. With each guess, the game provides color-coded feedback—green for correct letters in the right spot, yellow for misplaced letters, and gray for letters not in the word. Its addictive nature and social sharing feature have made it a daily ritual for millions worldwide. What are today’s Wordle hints? Before
21.03 / 11:11
Provident
BLOCK
Extreme
country
cover
Department
Profiles
How IMD's new model will sharpen weather forecast for farmers
Subscribe to enjoy similar stories. New Delhi: The India Meteorological Department (IMD) is enhancing its forecasting capabilities by developing a high-resolution model that will increase its current 12-km grid spacing to 6 km by 2026. This move aims to improve weather predictions at the panchayat level, offering farmers more precise forecasts.
21.03 / 09:45
markets
IPO
Provident
WhatsApp
Food
electronic
Pharmaceuticals
SSF Plastics files draft papers for Rs 550-cr IPO
capital markets regulator Sebi to raise Rs 550 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of Rs 250 crore by promoters and promoter group entities, according to the draft red herring prospectus (DRHP) filed on Thursday. At present, promoters and promoter group entities hold 100 per cent stake in the company.
21.03 / 08:45
UPS
Provident
Assurant
Align
Dreams
WhatsApp
Goa govt to construct Ram Nivas for devotees in Ayodhya: CM
Ayodhya to construct «Ram Nivas», a dedicated accommodation for devotees, Chief Minister Pramod Sawant said on Friday. He said the upcoming building will strengthen the spiritual bond between Parshuram Bhoomi of Goa and Ayodhya, fostering devotion, culture, and unity.
21.03 / 08:45
Provident
Waters
security
Sustainability
Remark
country
India achieves historic milestone by surpassing 1 billion tonnes in coal production
G Kishan Reddy said on Friday. The Union Coal and Mines Minister added in a post on X that leveraging advanced technologies and efficient mining practices, India has not only boosted production but also prioritized sustainable and responsible mining. He said this remarkable achievement is set to fuel economic growth, support the nation's power needs, and pave the way for a brighter, energy-secure future for all Indians.
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