Provident Financial News

Tomorrow's IPL Match: Royal Challenger Bengaluru (RCB) and Lucknow Super Giants (LSG) will clash at the M. Chinnaswamy Stadium in Bengaluru on April 2. This will be RCB’s fourth match in IPL 2024 while LSG will play their third match.

Behind the blockbuster success of drugs like Ozempic and Wegovy is a less-noticed phenomenon: Some people don’t lose much weight on them. There is wide variation in weight loss on these types of drugs, called GLP-1s. Doctors say roughly 10% to 15% of people who try them are “non-responders," typically defined as those who lose less than 5% of their body weight.

Polygon Labs CEO Marc Boiron has lashed out at Layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet.

demat account is as crucial as choosing the appropriate bank account for seamless banking transactions. Your demat account acts as the gateway to stock investing and trading in various securities like derivatives, bonds, commodities, and mutual funds. In recent years, there has been a significant increase in demat account additions, driven by growing awareness about stocks.

demat account is a must if you want to trade in stocks. It functions much like a bank account for stock market transactions. It digitally records all activities in the stock market and maintains electronic records of various financial instruments.

National Highways Authority of India's 'One Vehicle, One FASTag' norm, which aims to discourage the use of single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle, has come into force from Monday, a senior official said. NHAI had extended the 'One Vehicle, One FASTag' initiative compliance deadline to March-end, in view of the problems being faced by Paytm FASTag users. «Multiple FASTags won't work… People who have multiple FASTags for one vehicle won't be able to use all of them from today (April 1),» the official told PTI. To enhance the efficiency of the electronic toll collection system and provide seamless movement at toll plazas, the NHAI has taken the 'One Vehicle, One FASTag' initiative that aims to discourage the use of single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle.

New EPFO rules: April 1st signals the start of a new financial year in India, bringing along revisions to regulations governing savings plans. Starting April 1, the Employees’ Provident Fund Organization (EPFO) will introduce important changes. According to various media reports, with the new rule, when an individual changes jobs, their old Provident Fund (PF) balance will be automatically transferred to the new employer.

BSE SME with a tentative listing date fixed on April 3, 2024. Investors can check their GConnect Logitech IPO allotment status online on BSE website or on the portal of IPO registrar. Kfin Technologies is the GConnect Logitech IPO registrar.

top court has also issued notice on plea against Madhya Pradesh High Court order directing the ASI to conduct a survey in the disputed site "Bhojshala and Kamal Maula Masjid". On March 11, the High Court's Indore bench had ordered the ASI to conduct a scientific survey of the medieval-era Bhojshala structure in the Dhar district. The HC has instructed the ASI to provide an updated report within six weeks after receiving the survey.

Hi-Tech Pipes, a leading player in Indian piping, were ecstatic with its stock performance in recent years. The stock began its upward rally in June 2022 and has maintained the same momentum to date, yielding a fabulous return of 250%, climbing from ₹40 apiece to the current level of ₹139.75 apiece.

Microsoft will sell its chat and video app Teams separately from its Office product globally, the U.S. tech giant said on Monday, six months after it unbundled the two products in Europe in a bid to avert a possible EU antitrust fine. The European Commission has been investigating Microsoft's tying of Office and Teams since a 2020 complaint by Salesforce-owned competing workspace messaging app Slack.

The introduction of Hump (HUMP) on the Solana blockchain is a noteworthy turning point in a time when meme coins are not only digital assets but also representations of creativity and community.HUMP, in contrast to regular meme tokens, surpasses the traditional limits of decentralized finance with its distinct fusion of style and innovation. HUMP, which takes inspiration from a cute pet’s face, stands for development and community empowerment in the cryptocurrency industry.

₹500 crore, aims to promote the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) across the country. Also Read | How green energy makes us vulnerable to cyberattack The EMPS scheme aims to support 3,72,215 electric vehicles across the country, including e2W and e3W vehicles.

suit against the Centre under Article 131 of the Constitution, contesting the Union's norms on borrowing limits and highlighting the unique financial landscape of the state. The bench, comprising justices Surya Kant and K.V. Viswanathan, today said the Centre had already agreed to provide around ₹13,000 crore to the state government for financial assistance.

₹2.8 in March 2020 to approximately ₹428 at present. This translates into an extraordinary return of 15185 percent. If an investor had allocated ₹1 lakh to this stock in March 2020, the initial investment would have grown to ₹1.52 crore by now.

LARNACA, Cyprus—When President Biden declared in early March that the U.S. military would build a pier on the coast of Gaza to deliver humanitarian aid by sea, a Spanish-American celebrity chef was already two steps ahead of the world’s mightiest fighting force. José Andrés had commandeered a tugboat to bring 200 tons of food on a barge from Larnaca, a port city in Cyprus, to Gaza’s shores for use in kitchens run by his disaster-relief group, World Central Kitchen.

SAIC Motor intends to significantly reduce its workforce at its joint ventures with General Motors (GM) and Volkswagen (VW), as well as at its electric vehicle (EV) subsidiary, Reuters reported citing sources. The planned reductions include slashing 30 percent of employees at SAIC-GM, 10 percent at SAIC Volkswagen, and over half at its Rising Auto EV arm, it added. The staff cuts are not expected to occur all at once through mass layoffs but are targeted for the year 2024.

TCS Board Meeting: TCS will hold a meeting of its Board of Directors on Friday, April 12, 2024, to approve the audited standalone financial results of the company for the year ending March 31, 2024. The board will also approve the audited consolidated financial results of the company and its subsidiaries for the year ending March 31, 2024, and recommend a final dividend, if any for FY24, TCS said in a regulatory filing.

Brij Hotels plans to have 50 operational boutique hotels in the next five years before considering international expansion, said its co-founder Udit Kumar. The Delhi-based company, which recently secured $4 million (about Rs 33 crore ) in series A funding, currently operates eight properties and aims to add three–four properties in 2024-25. The company plans to seek another round of funding within a year, Kumar told ET.

Bank Holidays in April 2024: Banks will remain closed on April 1 for annual closing in most states across India. There are a few exceptions such as Chandigarh, Himachal Pradesh, Meghalaya, Mizoram, Sikkim, and West Bengal. The new financial year 2024-25 will begin on April 1 and all the banks are busy completing their fiscal year-end formalities.

The Securities and Exchange Commission is closing a loophole that let some advisors register with the federal regulator as RINOs – robo-advisors in name only – by amending an old rule.