Provident Financial News

Startup funding in the last week of February 2024 fell about 59% in volume terms to 12 deals from the same period a year ago, totalling $171 million. Companies in seed, early and late-stages had raised about $186 million from 29 rounds in the period from February 23 to March 1, 2023, as per data from Tracxn.

Delhi government is providing skills training to more than 1,300 beggars who were identified in a survey conducted before the G20 Summit in the national capital last year, according to the city's Economic Survey. Finance minister Atishi presented the Economic Survey of the city in the Delhi Assembly on Friday. The Department of Social Welfare has been designated with the responsibility of providing skills training to the relocated homeless beggars at the Delhi Urban Shelter Improvement Board (DUSIB)-operated night shelters with a focus on integrating them into mainstream society, the report said. An inter-departmental committee had been established before the G20 summit and was tasked with the responsibility of formulating strategies for the rehabilitation and relocation of beggars, according to the survey.

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(Reuters) — Dell Technologies (NYSE:DELL) shares surged more than 20% on Friday after the tech equipment maker provided an annual forecast that was largely ahead of Wall Street expectations and reinforced rising demand for AI-related gear.

Retail investors are usually in the lookout for investing options that are safe and secure. One such safe and secure option is ‘small savings scheme’ which are government-run investment schemes and provide safe investing options to retail investors. These schemes offer guaranteed returns at regular intervals compounded monthly, quarterly or annually as the case may be.

Reserve Bank of India to reexamine the threshold relating to annual household income limit for giving micro loans. They want this limit to be raised from the current ₹3 lakh to about ₹5 lakh, reported Business Line. They have made this demand in view of growing needs of individual borrowers.

Canada's immigration minister says his country is reimposing the visa requirements on Mexican nationals visiting Canada

Aid groups are appealing to the European Union to release tens of millions of euros in funding due to the main U.N. agency that helps most people in Gaza

Former talk show host Oprah Winfrey is leaving WeightWatchers board of directors and donating all of her interest in the company to a museum

The IRS plans to go after 125,000 high-income earners who did not file tax returns going back to 2017

Stocks that traded heavily or had substantial price changes on Friday: Pure Storage, Hormel Foods rise; WW International, First Advantage fall

A massive U.S. health care technology company says it was attacked by the ransomware group ALPHV, also known as Blackcat

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Wakeel Hassan, a rat-hole miner who was part of the Silkyara tunnel rescue operation, sitting on a footpath where he and his family spent their second night after losing their house in a demolition drive. «My family and I continue to spend the night in the open. Some locals are providing us with food and water, etc.,» Hassan said on Friday, a day after he refused an offer by the Delhi Development Authority (DDA) to move him and his family to an EWS flat in Narela. «We have now accepted the night as a challenge,» he said, adding the family has not received any help from the government so far. Hassan was part of a team of miners who rescued 41 workers trapped inside Uttarkashi's Silkyara tunnel by manually drilling through the debris in November last year.

Central Information Commission directing the Central Board of Direct Taxes to provide information relating to Shri Ram Janmabhoomi Teerth Kshetra Trust, looking after the construction and management of the Ram temple in Ayodhya, under the RTI Act. The high court on February 28 allowed the petition by the Central Board of Direct Taxes (CBDT) challenging the Central Information Commission's (CIC's) November 30, 2022, order. Justice Subramonium Prasad said it is always open for applicant Kailash Chandra Moondra to approach the appropriate authority under the Income Tax Act to seek information as sought in the Right to Information (RTI) application. The high court was dealing with a plea by the Central Public Information Officer (CPIO) of CBDT seeking quashing of the November 30, 2022, order of the CIC which had directed that the CPIO would revisit certain points made in the application under the RTI Act and provide information within 15 days from the receipt of the order.

Prime Minister Narendra Modi on Friday inaugurated and laid the foundation stone for projects worth ₹35,700 crore in Jharkhand. The Prime Minister is on a two-day visit to Jharkhand, West Bengal, and Bihar on March 1 and 2. Here are the top ten updates: 1.

NSC vs ELSS: Numerous products qualify for tax benefits under Section 80C, including insurance, tax-saving fixed deposits, NSC, and ELSS. The suitability of an investment product depends on factors like risk tolerance, time horizon, and future fund needs. Equity Linked Saving Scheme (ELSS) mutual funds offer tax deductions up to ₹1,50,000 annually under Section 80C of the Income Tax Act, 1961.

Tips Music has extended its strategic partnership with global record label Warner Music, granting access to their global catalogue, building on their three-year partnership. The expanded partnership will see Warner Music handle commercials and distribution for Tips Music's music across 23 Indian languages and 30,000+ songs on audio streaming apps. The company will use its global network to promote artists and songs globally.

On Thursday the Supreme Court criticised the union government's apparent failure to specify a range of prices that private hospitals and clinical establishments can charge for their services. Although a rule on this issue was framed 12 years ago, the court noted that it had not been enforced. It also directed the union health secretary to meet with his state counterparts within a month, with the next court hearing expected in another six weeks.

Covalent (CQT), a leading Web3 data indexer across +225 chains, stands out as a key player in providing structured data availability through one Unified API. Tailored to meet the diverse needs of AI, DeFi, Analytics, and Governance, Covalent has launched an innovative protocol revenue model that is set to support the adoption of decentralized technologies.

HyperOS experience. March will witness the deployment of HyperOS to a new set of devices in India, including the Xiaomi 12 Pro, Redmi Note 12 5G, Redmi Note 12 Pro 5G, Redmi Note 12 Pro+ 5G, Redmi Note 13 5G, Redmi Note 13 Pro 5G, and Redmi Note 13 Pro+ 5G.