Provident Financial News

Annual Information Statement—introduced in November 2021— gives taxpayers a single comprehensive statement on all their financial transactions done in a financial year. The statement is available in the income tax portal and includes financial transactions reported by banks, RTOs, stock exchanges, etc, with the Income Tax Department.

IRCTC, JM Financial, Zomato, Samvardhana Motherson among others will be in focus due to various news developments IRCTC IRCTC has signed an MoU with Swiggy to provide pre-ordered meals to passengers via IRCTC e-Catering Services. The services will be made available initially on Bengaluru, Vijayawada, Visakhapatnam & Bhubaneswar stations.

Market Local Currency Government Index, making it the latest global index to incorporate local sovereign debt. It also paves the way for Indian debt to potentially become part of a considerably larger Bloomberg index that encompasses trillions of dollars of debt. «This step for our EM local index is very significant and will really allow investors to understand the ecosystem around Indian government bonds. Assuming India maintains its investment-grade status, we will continue to keep India on review for the (Bloomberg) Global Aggregate Index,» Nick Gendron, global head, fixed income index product, Bloomberg Index Services, told ET in a video interview. «The global aggregate is an index that is intended to measure the entirety of the investment-grade market. It's managing over $60 trillion in debt. We will stay close to our clients as to their experiences in investing in India and we will keep that dialogue open.»

Investing.com — The S&P 500 fell Tuesday, as investors continued to holster bullish bets on big tech just a day ahead of Federal Reserve chairman Jerome Powell testimony before Congress that will likely echo recent remarks from Federal Reserve members cautioning on cutting rates too soon.   

Federal Reserve Chairman Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting more clarity about how the central bank plans on proceeding with monetary policy this year.

By Michael Erman

Shares of Paymentus (PAY) surged 27% on Tuesday, a day after the cloud-based bill payment technology provider reported better-than-expected Q4 results and issued robust guidance for full-year EBITDA.

For tax geeks like me, the release of the annual Report on Federal Tax Expenditures is an exciting day, but I’m guessing most people don’t read this data-rich review that “reports on the estimated fiscal cost of federal tax expenditures, sets out the approach used in developing these estimates and projections, and provides detailed information on each tax expenditure.”

Investing.com — The recent surge in the price of gold has captured the attention of investors. As gold closed at record-breaking highs, many are wondering whether it's still a prudent time to invest in the precious metal.

The S&P 500 ended February with a gain of more than +5% for the eleventh time in history. The last time we had a February up more than +5% was in 2015.

This list of kurtis by Biba features fresh designs and great color combinations that are well suited for any occasion of the season. Check out the article to buy Biba kurtis and Biba kurti sets online at best prices.

Mint. Asset managers are not allowed to share any commissions or incentives other than the prescribed trail commissions. Trail commission refers to a fee that mutual funds pay their distributors as long as those who bought MF units stay invested.

Ordering in gourmet food provides a double joy — offering a delicious feast, without having to step out of your second-favourite destination for a fine meal: home. A smartphone order opens a menu to culinary delights brought to your doorstep. For starters, the excitement builds as you peruse the menu, each item described in vivid detail, tempting you with its flavours and ingredients. The sheer variety available ensures there's something to suit every taste and craving, whether it's delicate sushi rolls or decadent desserts. Then, for a side dish comes the anticipation as you await the arrival of your order. The mere thought of opening up the boxes ignites your senses, hinting at the gastronomic delights to come.

SBI — or GoI — doesn't like, with Digital India galloping along like a bareback horse in a Ladakh landscape, one would have thunk that retrieving info regarding purchases of electoral bonds for political party funding would be easy-peasy. Unless, of course, it's hard.

MUMBAI : IIFL Finance Ltd on Tuesday tried to assuage investor concerns, stating there were no governance lapses, after the Reserve Bank of India (RBI) barred the non-banking financial company (NBFC) from offering any loans against gold. On Tuesday morning, shares of IIFL Finance opened 20% lower as investors dumped shares after the banking regulator issued a statement on Monday evening that detailed some lapses. “We wish to make it unequivocally clear that there are no governance or ethical issues," said Nirmal Jain, managing director, in a call with analysts on Tuesday.

MUMBAI : Financial news and data provider Bloomberg on Tuesday said it will add a set of Indian government bonds to its widely-tracked emerging market index, a development that could potentially attract investment flows of $3-4 billion beginning next year. Global investors with passive investment strategies buy stocks and bonds featuring in global indices, and Bloomberg's addition of Indian bonds promises to attract investments in them.

Each option on this list is thoughtfully designed to maximise storage while seamlessly blending with various decor styles. So, if you are looking for storage solutions to neatly store toiletries, toothbrushes, or other essentials, these budget-friendly cabinets could prove to be a great choice for you. So, join us as we explore an array of affordable yet chic bathroom cabinets, each promising to elevate your bathroom experience to new heights of comfort and convenience.

Russia and China are considering putting a nuclear power plant on the moon from 2033-35, Yuri Borisov, the head of Russia's space agency Roscosmos said on Tuesday, something he said could one day allow lunar settlements to be built. Borisov, a former deputy defence minister, said that Russia and China had been jointly working on a lunar programme and that Moscow was able to contribute with its expertise on "nuclear space energy".

Securing swift funds for various purposes can be efficiently accomplished through a personal loan. Whether it's for a wedding, a child's education, a medical emergency, travel, or any other necessity, a personal loan proves to be the optimal choice. This readily accessible line of credit allows you to address immediate needs, providing funds within seconds or hours with minimal documentation. Repayment can be conveniently spread over a specified period, allowing for manageable monthly installments spanning months or years.

It’s almost impossible to remain anonymous in the traditional financial world because banks and other financial institutions will always demand some form of identity before they do business with anyone. That’s in stark contrast to crypto and decentralized finance, where users interact via their wallets and never need to reveal anything about them.

In a panel discussion hosted by ETMarkets, Sumit Gupta, Co-Founder of CoinDCX, outlines key drivers for crypto trading in India: regulation and conducive environment. Additionally, he shed light on CoinDCX's rigorous framework for listing cryptocurrencies and offered insights into the challenges and opportunities of building in this evolving environment. Edited excerpts: