Provident Financial News

Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other item

IITs) at Delhi, Bombay (Mumbai), Kanpur, Madras (Chennai), Kharagpur, Roorkee, Guwahati and Varanasi (BHU), the struggle to place students in a challenging environment hasn't gotten any easier. The schools are going all out to get more recruiters to campuses. The placement season ends in May-June for the IITs. Two of the top schools — IIT Bombay and IIT Delhi — have provided official placement data to ET. At IIT Bombay, the top choice for those who clear the entrance exam process, 33% of the 1,973 students participating in placements were yet to get jobs as of April 4. The older IITs are typically regarded by candidates as the most desirable. Apart from the eight older ones, India has 15 other IITs set up since 2008. IT-BHU became IIT-BHU (Varanasi) in 2012 by an act of Parliament.

Mauritius are set to face greater scrutiny of their investments, with the two countries inking a protocol to amend their double-taxation avoidance agreement. This could also open exits of past investments to questioning, with no grandfathering provisions likely to insulate them from the amended rules, experts said. The stock market ignored the development, rallying past the 75,000 mark on Wednesday.

For every AI action, there is awe that goes with an equal and opposite reaction of scepticism.’ This is how Newton’s third law might be rewritten for artificial intelligence (AI). That there exists a trust gap on all things AI is a reality; equally, there is blind acceptance of much that AI delivers. Among the early adopters of AI are organizations using it for Environmental, Social and Governance (ESG) reports.

Netflix has become a topic of curiosity for the subscribers of OTT streaming giant. Netflix's sci-fi drama series, «3 Body Problem», emerges as a captivating addition to the streaming giant's original content lineup, helmed by the visionary trio of creators: David Benioff, D.B. Weiss, and Alexander Woo. The show is adapted from the acclaimed novel penned by Chinese author Liu Cixin, as per a report in WhatsOnNetflix. Creators of the long-running hit series «Game of Thrones», David Benioff and D.B. Weiss, return to television with another ambitious project; science-fiction show «3 Body Problem».

State Bank of India and ICICI Bank, two of the country's top three lenders, are likely to act as local intermediaries for European banks seeking a plan for third-party clearing after last month's meeting between top Reserve Bank of India (RBI) officials and those from certain European banks, sources told ET. The proposal for local banks to carry out third-party clearing for the European banks comes on the back of a decision by the European Securities and Markets Authority (ESMA) in October 2022 to de-recognise the Clearing Corporation of India (CCIL). ESMA's step came after the RBI refused to permit the foreign body rights of inspection and audit over the CCIL, which hosts the trading platform and provides guaranteed settlement for Indian government bonds and interest rate derivatives. Pending a resolution of the matter, foreign banks have a deadline of October 2024 to stop transacting with the CCIL.

JP Nadda, while launching the Sankalp Patra (manifesto) for the Arunachal Pradesh assembly elections in Itanagar on Wednesday, said there has been an 80% reduction in insurgency-related incidents in Northeast India during the 10 years of the Narendra Modi government. The manifesto promises the creation of infrastructure, employment, women's empowerment and accountable governance.

EPFO) to at least ₹21,000 from ₹15,000 now to widen the social security coverage, a step towards achieving universal social security. The proposal, which has been on the backburner for several years now, is being re-looked at. «We are evaluating all options and a decision in this regard could be taken by the new government,» the official said. The government is of the view that strong balance sheet of India Inc will help cushion the extra financial burden that enterprises will incur due to enhanced wage ceiling, a senior government official told ET.

LPL Financial has broadened its network in the Bluegrass State with the addition of three experienced advisors to its broker-dealer, RIA, and custodial platforms. The firm announced Wednesday that Greg Mullaney, Colleen Kelly Abate, and Peter Pagano are transitioning from Ameriprise Financial, where they reported managing approximately $300 million in advisory, brokerage, and retirement plan assets.

UBS Group faces a “substantial” increase in regulatory capital requirements under reforms that the Swiss government is advocating for in the wake of the collapse of Credit Suisse.

Whether you're seeking to enhance convenience, improve security, or reduce energy consumption, our curated selection ensures that you can enjoy the benefits of smart technology without breaking the bank. Join us as we explore the possibilities of affordable smart switches for your home.

Chargers, the backbone of our laptops ensure that they are backed by power throughout the day, preventing any hindrance in our work. However, years of continuous usage can often lead to deterioration and you might have to buy a new one. Here is a list of 10 widely compatible Dell laptop chargers that will ease your task of finding the suitable one for your laptop. Check it out.

Coimbatore, where BJP has fielded its Tamil Nadu chief, DMK has taken the seat back from ally CPIM to put its own candidate and AIADMK has its IT wing head in the fray. CPIM's PR Natarajan, backed by DMK, had won the Lok Sabha seat in 2019 with a vote share of 45.66%, with BJP's CP Radhakrishnan coming in second, getting 31.34% of the votes polled. In this election, DMK has fielded Ganapathy P Rajkumar, a former Coimbatore mayor who joined the party in 2020 after leaving AIADMK, going against its decade-long seat-sharing agreement with CPM for the seat, possibly anticipating a tough fight owing to BJP candidate Annamalai's growing popularity. AIADMK candidate is Singai Ramachandran. Annamalai is predicting BJP to win the seat with 60% votes. Coimbatore, comprising the assembly segments of Coimbatore South, Coimbatore North, Kavundampalayam, Singanallur, Sulur and Palladam, is one of the constituencies in the South where BJP is putting a lot of focus, making its rival parties also to be on high alert. The constituency has seen repeated visits by high-profile leaders to back their candidates. Prime Minister Narendra Modi visited Coimbatore again on Wednesday. TN chief minister MK Stalin and Congress leader Rahul Gandhi will hold a joint rally of the INDIA bloc in the city on Friday in support of Rajkumar.

Additionally, by preventing overflows, a water tank alarm helps maintain the structural integrity of the tank and its surroundings. Overflowing water can cause damage to the tank, nearby structures, and landscaping, leading to costly repairs and environmental impact. The alarm acts as a preventive measure, safeguarding against potential water-related accidents and ensuring the longevity of our water storage systems.

Shubman Gill and Matthew Wade were batting on the crease when the rain disrupted the game. In case the rain doesn't stop, the Duckworth–Lewis–Stern method (DLS) will come into play which will mathematically decide the winner of the match by analyzing the score and wickets of both teams after 10 overs, the minimum overs played by both the teams.

P2P.org has announced to launch its Staking-as-a-Business (SaaB) model as its total value locked (TVL) surpasses $7.5 billion.

YSRCP chief and Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Wednesday called on people to vote for his party for jobs and welfare measures to continue. The YSRCP chief gave this call at Piduguralla village in Palnadu district during a public meeting as part of his 'Memanta Siddham' (we are all ready) electioneering bus tour. «Vote for 'fan' (YSRCP symbol) for jobs and welfare measures to continue, not a rusty cycle (TDP symbol),» said Reddy. According to Reddy, the YSRCP government provided 2.31 lakh jobs and alleged that the erstwhile TDP government had only provided 32,000 jobs and added that the state topped the ease of doing business rankings in India thrice.

Okaya EV today announced a festive session offer under which it will uphold the pre-existing prices of its electric two-wheelers even after the conclusion of the Faster Adoption and Manufacture of Electric Vehicles (FAME II) scheme. Dr. Anshul Gupta, Managing Director of Okaya EV, emphasized the company's dedication to customer satisfaction, stating, «At Okaya EV, we prioritize the needs and concerns of our customers above all else. We recognize the pivotal role electric mobility plays in building a sustainable future, and we believe that cost should not hinder its accessibility. By maintaining our old prices post FAME II, we aim to make our electric two-wheelers accessible to a wider audience, while stocks last.» Okaya's electric scooter models start at INR 69,950. Its Faast F4, which is available at Rs 1,19,989, boasts a range of 160 kilometres per charge (IDC) and is equipped with two batteries, providing a total output of 4.4 kWh.

UPI users will now be able to use their wallet money to pay through any other third-party applications. So, what changes? Now if you have money in your PhonePe UPI, to access any of your online wallet, say Paytm wallet. To understand the new rule better, let's understand what the Prepaid Payment Instruments are? The Prepaid Payment Instruments or the PPI are financial tools allowing users to store value and make cashless transactions.

Adani Total Gas Limited (ATGL), and MG Motor India have signed a Memorandum of Understanding (MoU) to strengthen the EV charging infrastructure in India. The joint collaboration to develop the charging solutions for electric vehicle (EV) and value-added services to MG's EV customers nationwide and will underpin India's rapidly evolving EV ecosystem by helping build a robust and efficient charging infrastructure.

1. Sony Bravia 126 cm (50 inches) 4K Ultra HD Smart LED Google TV The Sony Bravia 50-inch 4K Ultra HD Smart LED Google TV KD-50X64L is a top-tier television that combines Sony's impeccable picture quality with the adaptability of Google TV.