Provident Financial News

28.01 / 14:20

markets Provident CEO Platform stake Binny Bansal resigns Flipkart board months after selling entire stake in e-commerce major

E-commerce major Flipkart co-founder Binny Bansal has resigned from the company's board, according to a company statement. The development comes after around six months of Bansal selling an entire stake in the company. "I am proud of the Flipkart Group's achievements over the past 16 years.

28.01 / 05:48

markets UPS Provident Citizens Align Experts Destinations Fixed deposits: Should FDs be your next investment destination? Here's what top experts say

ARTHA FinPlan, shared, “At present, one may look for FDs for goals like creating a contingency fund and earning a fixed income. For example, a short-term FD can be aligned with a contingency fund. Investors especially senior citizens can invest in for their fixed income requirements.

28.01 / 05:47

Provident Aware security country cover innovations Features Insurance plans vital to retirement planning, says Srinivas Balasubramanian of ICICI Prudential

ICICI Prudential Life Insurance Company. In an interview with MintGenie, Balasubramanian said that to increase insurance penetration across the country, IRDAI is working towards implementing Bima Sugam, Bima Vahak, and Bima Vistaar initiatives. Edited Excerpts: The life insurance industry in India has registered a 13% year-on-year growth in total premium income, amounting to ₹7.83 trillion during FY2023, according to the IRDAI Annual Report, indicating an increase in the uptake of life insurance products.

28.01 / 03:57

markets Citi Provident Manufacturing economy Parke country What China's EV city says about the state of the economy

HEFEI, China: Ultramodern factories churn out electric cars and solar panels in Hefei, an industrial center in the heart of central China. Broad avenues link office towers and landscaped parks. Subway lines open at a brisk pace. Yet at Hefei's market for construction materials, local merchants are gloomy. Wu Junlin, a vendor of doors, has closed two of his three stores and laid off all but one of his dozen employees.

27.01 / 19:42

Provident Action community President reports 'Hand over the Gyanvapi structure to Hindus': VHP says citing ASI report

PTI. The VHP also sought the structure be declared 'a Hindu temple and handed over to the community. It demanded Hindus be permitted to offer 'sewa puja' to the 'Shivlinga' found in the 'so-called Wazukhana area' at the disputed site. "The evidence collected and the conclusions provided by the ASI do prove that the religious character of this place of worship existed on the 15th day of August, 1947, and as at present is of a Hindu Temple," VHP working president Alok Kumar said in a statement.

27.01 / 17:21

Provident Strategy students Celebrity Diversity social inclusion How to develop resilience among students for navigating challenges

students, empowering them to overcome obstacles and embrace the opportunities that lie ahead. «Resilience emerges as the backbone for students, educators, and institutions alike. It encapsulates the capacity to navigate challenges, rebound from setbacks, and seize opportunities for growth and learning. Fostering resilience involves cultivating a growth mindset, and encouraging learners to perceive failures as stepping stones to progress.

27.01 / 17:21

Provident Netflix Trade show performer stage audience Unveiling the total episode count: Exploring Netflix's Griselda series

Griselda Blanco's life to the forefront.

27.01 / 17:21

markets Provident CEO inclusion Relationships Ubuy partners with Nuvei to expand payment options worldwide

Ubuy has said that it has joined forces with Canadian fintech company Nuvei Corporation to expand its global footprints. The company said the collaboration will empower Ubuy to tap into Nuvei’s alternative payment methods (APMs) and leverage the fintech company's global reach and local payment market expertise. The integration with Nuvei will allow Ubuy to enter new markets seamlessly.

27.01 / 15:05

Provident security President show China says Wang, US Sullivan held 'candid, fruitful' talks on handling issues

BANGKOK (Reuters) — Chinese Foreign Minister Wang Yi had «candid, substantive and fruitful strategic communication» with U.S. National Security Advisor Jake Sullivan, aimed at furthering a pledge of dialogue by their leaders, China's foreign ministry said on Saturday.

27.01 / 15:01

markets Provident Digital ETF Platform Assurant security How Digital Gold is democratising investments in precious metals

Across sections of society, Indians have conventionally displayed an affinity for buying and investing in gold. The yellow metal has historically been a reliable hedge against economic downturns and inflation. When the S&P 500 Index dropped by 56.8% during the 2007-2009 recession, gold prices went up by 25.5%. From what we’ve seen so far, gold has been a reliable hedge globally. Seasoned investors who understand that the market is too difficult to be timed, continue to allocate some proportion of their investment portfolio to gold.

27.01 / 15:01

Provident Interface Trade Celebrity performer Department International Customs 2.0 in offing; to provide fully automated stakeholder service: Revenue Secy

Revenue Secretary Sanjay Malhotra on Saturday said the customs department is developing a fully automated trade interface system, Customs 2.0, which would also help in improving its score in the World Bank’s ranking.Speaking on the International Customs Day 2024 celebrations, organised by the Central Board of Indirect Taxes and Customs (CBIC), Malhotra said technology is going to be the main driver in improving customs processes.

27.01 / 15:01

markets Provident Target FIVE Gap Dreams recommendations How to make your first Rs 1 crore in 5 years

Every investor dreams of reaching the golden number – their first one crore. Why is the one crore figure so important? It’s a milestone that represents financial stability and achievement.

27.01 / 14:33

Provident Action Dreams President Experts show BJP takes ‘mental bankruptcy’ jibe at Delhi CM Arvind Kejriwal on AAP MLA poaching charge: ‘Give proof or resign’

₹25 crore each and a BJP ticket to contest polls if they switched sides. Delhi BJP president Virendra Sachdeva said that Kejriwal should stop "lying" and dared him to tell the names of the MLAs who, the AAP chief has claimed, were contacted by the BJP. "Kejriwal's statement shows his political frustration.

27.01 / 14:33

Provident security Matthews awards Colleges Updates open Australia Open 2024: Who is Rohan Bopanna, the oldest Grand Slam winner at 43? 5 interesting facts

Australian Open marks the initial significant triumph for the duo, who experienced defeat in the US Open final last year. Following the rankings update on Monday, Rohan Bopanna will ascend to the world number one spot, while Matthew Ebden, despite participating in three additional tournaments within the ranking period, will hold the number two position. 1.

27.01 / 13:59

Provident Action community President reports Hand over Gyanvapi structure to Hindus: VHP

ASI survey report has «reconfirmed» that the Gyanvapi mosque in Varanasi was constructed after demolishing a «magnificent temple» at the site and demanded that the structure be declared 'a Hindu temple and handed over to the community. It also demanded that Hindus be permitted to offer «sewa puja» to the 'Shivlinga' found in the «so-called Wazukhana area» at the disputed site. «The evidence collected and the conclusions provided by the ASI do prove that the religious character of this place of worship existed on the 15th day of August, 1947, and as at present is of a Hindu Temple,» VHP working president Alok Kumar said in a statement.

27.01 / 13:31

Provident Target Death shootings information reports Traffic Red Sea crisis: UK oil tanker catches fire with 22 Indians onboard after Houthi missile attack; Indian Navy responds

Indian Navy, the oil tanker has 22 Indian, and 1 Bangladeshi crew onboard. Indian Navy's INS Visakhapatnam, a guided missile destroyer, deployed in the Gulf of Aden deployed a team to help fire-fighting on the United Kingdom's merchant vessel. According to Navy provided information the distress call was made on the night of 26 January, Friday.

27.01 / 12:57

Provident Aviat Platform Digi social travelers gatherings Digi Yatra purely voluntary; data can be collected only after passenger's consent: Jyotiraditya Scindia

Digi Yatra is purely voluntary for air passengers and personnel at airports have been directed to collect data for the application only with the consent of passengers, according to Civil Aviation Minister Jyotiraditya Scindia. There have been complaints that biometric data for Digi Yatra were being gathered from passengers without their consent and the issue was flagged to the minister by Rajya Sabha member Saket Gokhale. Digi Yatra, which provides for contactless, seamless movement of passengers at various check points at airports based on Facial Recognition Technology (FRT), is currently available at a minimum 13 airports for domestic passengers.

27.01 / 11:33

markets Provident Strategy Analysis Align trends performer Mid and smallcap indices did great in 2023, but which ones are the best?

Indian equities as an asset class, but more so for mid and smallcaps. Despite the volatility of international uncertainty and geopolitical tensions, Indian markets stood strong. While Nifty 50 returned 20%, mid and smallcaps were in excess of 40%. The year of the bulls, 2023 was marked by stabilized interest rates and heavy government PLI schemes, among other macroeconomic factors.

27.01 / 11:29

markets IPO Provident Digital Booking Trade band week BLS E-Services IPO opens next week. GMP, price, size, other details that you may like to know about upcoming IPO

BLS E-Services IPO: The initial public offering (IPO) of BLS E-Services Limited is going to hit the primary market on 30th January 2024 i.e. on Tuesday next week. The mainboard issue will remain open till 1st February 2024 i.e.

27.01 / 11:29

Provident Remark Food Injustice community Ajit Pawar's NCP slams ally CM Eknath Shinde's 'eyewash' response to Maratha quota demand: ‘Birth decides caste, not…’

Maratha Quota Row: As Maharashtra Chief Minister and Shiv Sena leader Eknath Shinde agreed to the demands of Maratha quota activist Manoj Jarange Patil, ally in Maharashtra government Nationalist Congress Party (NCP) leader Chhagan Bhujbal tore into the state calling it a mere “eyewash". Bhujbal, who is the minister for food and civil supplies in the Maharashtra government questioned the “backdoor entry" of Marathas into the Other Backward Classes (OBC) community. On Saturday, 27 January, Jarange Patil called off his protest as the Maharashtra government responded to the demands with a draft ordinance regarding reservation in education and jobs under the Other Backward Classes (OBCs) category.

27.01 / 09:23

Provident Man hospital information reports Department Investigations Mother arrested for murder after her son’s body found behind fake wall

Mississippi has been arrested and charged with first-degree murder after her 42-year-old son was found dead in a wooden box behind a false wall in his mother’s home.Police in Gulfport, Miss. learned throughout the course of their investigation that Jerri Lynn Roby, who also goes by the last name Isreal, was previously “convicted of murder in Florida around 1995,” the Gulfport Police Department wrote in a statement.The investigation began in late Dec 2023 after out-of-state relatives of the family called 911 to report Isreal’s son, John Allen Gaither, missing, Gulfport police spokesperson Jason DuCré told CNN.

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