Provident Financial News

investment firm Capria Ventures has concluded the fundraising for its India Opportunity Fund at Rs 153 crore (around $19 million). Previously known as Unitus Ventures, Capria had announced the first close of the fund at Rs 80 crore in February 2023.

Lok Sabha elections always create a buzz around the D-Street. Over the long term, stock markets have generally exhibited positive returns despite short-term volatility related to elections. Volatility can work in both directions-upward and downward. While downward volatility refers to periods of declining prices and increased market uncertainty, upward volatility describes periods of rising prices and increased market fluctuations. While past performance does not indicate future results, historical market trends can provide insights. <div data-placement=«Mid

Sam Pitroda sparked discussions on social media and generated increased interest in the concept of inheritance tax, both on social media and in Google searches. Unlike some countries like South Korea, America, and the UK, India currently does not have a system of inheritance tax in place, having abolished the Inheritance or Estate Tax back in 1985. Amid the controversy surrounding inheritance tax, an old video of Zerodha founder Nikhil Kamath, who is also India's youngest billionaire, has also gained traction on social media. In the video, Kamath voiced his support for the implementation of an inheritance tax in India, arguing that it could serve as a means of redistributing wealth across generations. He pointed out that in a country where only a small percentage of the population pays income tax, such a tax could broaden the tax base, providing the government with additional resources for reforms and infrastructure development. “When wealth transfers from one generation to another, there has to be a filter so that a part of it can be redistributed. There is plenty of precedence to inheritance tax," Kamath said.

Senior brokerage executives continued to shrug off the potential impact of the Department of Labor’s new fiduciary rule, which many believe may be legally contested by the insurance industry at some point.

Trust & Will, a leading digital estate planning and settlement platform in the US, is taking a huge leap forward with its latest partnership.

The relentless hard work has finally paid off, leading to a highly successful debut in the market. BlackCard Credit Card is introducing the BcCoin Token. The AI technology enables you to effortlessly spend your cryptocurrency anywhere traditional debit cards are accepted. Say goodbye to limitations and embrace the freedom to use your digital assets for daily purchases, online shopping, and ATM withdrawals.  

Wibmo, a provider of authentication services for online digital payments, is building a complete payment gateway solution. By creating a prepaid issuance stack and a neo-banking solution for banks, Wibmo aims to support digital distribution capabilities of large banks and financial services firms.

Garena Free Fire Max redeem codes feature 12-character combinations of capital letters and numbers. These codes act as virtual keys to unlock a wide array of in-game treasures, including skins, weapons, and character enhancements for free.

National Register of Citizens (NRC) and the Citizenship Amendment Act (CAA), Silchar is a tough contest in the making. Assam had published an NRC in 2019, which did not feature the names of several residents of Silchar. While the CAA was passed in December 2019, its rules were notified last month just ahead of the announcement of the Lok Sabha Elections 2024 schedule.

Get all the Lok Sabha Election 2024 Live Updates with LiveMint. Lok Sabha Election 2024 Phase 2 Voting Live: Union Minister and BJP candidate Rajeev Chandrasekhar has said Thiruvananthapuram has seen little progress in last two decades. “Since the last 15-20 years, there has been very little progress in Thiruvananthapuram and in the lives of many people who are suffering from many problems that have not been solved...I request all of you to come out and vote today. This is an important day, not just for democracy, but for the future of Thiruvananthapuram and the future of your own families and children.

The Visa Onchain Analytics Dashboard is designed to be an easily-digestible, freely-available window into publicly-available aggregated blockchain data, beginning with stablecoins. From information on active users, to volumes by coin and blockchain, to transaction sizes and an evolving set of metrics, the dashboard looks to provide clear insights into stablecoin activity. Explaining the value of the resource, Visa head of crypto, Cuy Sheffield cites a chart that has been making the rounds on social media showing the volume that some of the world’s major settlement networks process annually, in billions of dollars, and comparing those to annual stablecoin volumes. The chart shows stablecoin volumes overtaking Bitcoin, PayPal and "remittances" - and fast approaching Visa.

The move would make Hong Kong the first domicile in the Asia-Pacific region to approve a crypto-backed, exchange-based investment fund. It would also put the island in prime position in the race to become the digital assets hib for the region.

Google’s corporate parent Alphabet Inc. has released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence

UFO while her flight was above New York, as per a report in New York Post. The Federal Aviation Administration has informed the Post that they were looking into the issue of the flying object. The commercial airline flight passenger has been identified as Michelle Reyes. Reyes on her Facebook claimed that she witnessed «flying cylinder» from the window of the aircraft while flying above LaGuardia Airport on March 25. She also shared a video of the incident.

The FCC on Thursday restored rules to prevent broadband internet providers such as Comcast and AT&T from favoring some sites and apps over others — for instance, by slowing or blocking certain content or by offering higher speeds to customers willing t...

Prime Minister Narendra Modi over the 'redistribution of wealth' controversy with Congress president Mallikarjun Kharge writing a letter seeking PM's time to explain the grand old party's manifesto. Defending the Congress manifesto, Kharge said that the 'Nyay Patra' (manifesto) is aimed at providing justice to youngsters, women, farmers, labourers and marginalised people across castes and communities. Accusing the Prime Minister of seeking to divide society, Kharge said, «It has become your habit to seize on a few words taken out of context and create communal divide.»

intergenerational transfer of wealth is through family, legally defined as — and confined to — 'blood line' or by marriage. Securing the future of those closest to us is a powerful motivation to acquire wealth in the first place. But it assumes that our emotional bonds are strongest with those who only share ties of blood.

NPPA) expert committee is studying the existing price regulations prevalent in other countries to come out with a «unique» pricing mechanism for manufacturers of medical devices in India, people in the know told ET. At present there is no separate pricing framework followed for medical devices. The government has been using the same framework which was created for drugs in case they want to regulate the price of any medical device. Earlier, it had regulated the prices of stents and knee implants under the Drug Price Control Order. The NPPA along with officials in the department of pharmaceuticals (DoP), India's drug regulatory authority, and others have been deliberating on the issue and studying the pricing framework followed by other countries.

Election Commission took note of Prime Minister Narendra Modi's remarks and seved a notice to BJP preseident JP Nadda over the former's «infiltrator» comments during a campaign speech at Banswara in Rajasthan. It has also served a notice to Congress president Mallikarjun Kharge for Rahul Gandhi's campaign remarks on allegedly accentuating a «North-South» divide. Both parties have been asked to reply by April 29.

major railroads promised to join after last year's disastrous Norfolk Southern derailment in Ohio. “Rail workers deserve to know they’re safe when they’re on the job — and if they experience anything that compromises their safety, they should be able to report it without worrying if their job is in jeopardy," said Transportation Secretary Pete Buttigieg.

Venice is divided — not just by canals, but since Thursday 8.30 am after the city started charging visitors Rs 5 (about Rs 450) for entering it. Paying a toll to enter Venice is being tried out as a plan to control 'over-tourism'.