Provident Financial News

24.01 / 13:55
Provident Infinity band track innovations Features Bring home feature-heavy smartwatches priced under ₹5000
smartwatch. This comprehensive buying guide is designed for users who want the best of everything, whether it is groundbreaking features, an amazing battery life, and a beautiful bright display on their smartwatch. In this list, you'll find 8 worthy selections that are all priced below ₹5,000.
24.01 / 13:55
Provident Gap wellness reports Equality Cabinet approves viability gap funding of ₹8,500 crore for coal gasification
coal gasification projects under three categories. "We went to the cabinet and we have sanctioned an outlay of ₹8,500 towards incentive for coal gasification projects," Coal Minister Pralhad Joshi told reporters . The financial assistance has been made under three categories, he said.
24.01 / 13:11
Provident MET Action reports recommendations Destinations Joshimath land subsidence: CBRI identifies 14 high risk zones
high risk zones in subsidence-hit Joshimath and recommended that the administration should ask the residents in these areas of the town to either take compensation or get relocated. «After a detailed survey, we have identified 14 high risk zones in Joshimath from where land subsidence was reported last year. The houses in Marwari, Sunil, Upper Bazar, Lower Bazar, Singhdhar and Manohar Bagh areas of the town fall into this category.
24.01 / 13:01
Provident Fighting Election Congress made unreasonable demands, delayed seat-sharing discussions: TMC sources
Mamata Banerjee announced her party will go it alone in the Lok Sabha polls in the state, TMC sources on Wednesday claimed the Congress delayed the talks and made unreasonable demands on seat-sharing without acknowledging the ground reality. The Trinamool Congress (TMC) is open to «courtesy back-channel» talks but there is hardly any hope left for reaching a pact, they said. Maintaining that TMC had offered two Lok Sabha seats to the Congress in West Bengal, a senior party leader said it is open to discussing a third seat, provided Congress agrees to give the TMC seats in Meghalaya and Assam.
24.01 / 12:51
Provident Analysis wellness trends performer DuPont stock drops 12% on preliminary results, soft guidance
DuPont de Nemours (NYSE:DD) provided today a preliminary outlook for the first quarter, which sent shares lower by nearly 12%.
24.01 / 12:35
markets COST Provident Manufacturing social International Budget 2024: Apparel exporters seek tax incentives to boost manufacturing
New Delhi: Apparel exporters body AEPC on Wednesday sought tax incentives such as uniformity in GST and enhanced interest subsidies to boost domestic manufacturing and India's outbound shipments. The Apparel Export Promotion Council (AEPC) asked to provide tax concessions to apparel manufacturers adopting Environmental, Social, and Corporate Governance (ESG) and other international quality standards and compliances. The council also sought budgetary support for the branding and marketing of made-in-India products.
24.01 / 12:35
Provident Sustainability Enterprise Research community innovations Schools Going to School Inspires Young Women Entrepreneurs to Take on Climate Change Supported by Deutsche Bank, J.P. Morgan
Going to School, a not-for-profit education trust, brought together twenty-three women entrepreneurs from marginalised communities in Mumbai and Bengaluru to present startup ideas that can help address climate change.The initiative, named Pitch It, is akin to the popular show, Shark Tank which involved startups and entrepreneurs pitching their business models before industry veterans to onboard them as investors.With the guidance of the Youth Venture Fund, the project has J.P. Morgan offering support by creating a pipeline of skilled women entrepreneurs and Deutsche Bank providing access to startup grants.
24.01 / 12:35
markets Provident security economy performer International Government allows direct listing of securities by Indian companies on GIFT IFSC
GIFT-IFSC, will reshape the Indian capital market landscape and offers Indian companies, especially start-ups and companies in the sunrise and technology sectors, an alternative avenue to access global capital beyond the domestic exchanges," according to a statement by Ministry of Finance. “This is expected to lead to better valuation of Indian companies in line with global standards of scale and performance, boost foreign investment flows, unlock growth opportunities and broaden the investor base.
24.01 / 12:35
Provident Justice track cover reports Courts NOT ASI survey report on Gyanvapi to be given to both sides, not to be made public: Varanasi court
Hindu and Muslim parties shall give an affidavit to keep the report with them and not make it public, said Madan Mohan Yadav, the counsel for Hindu side. Following a July 21 order of the district court, the ASI carried out the scientific survey of the Gyanvapi premises, located next to the Kashi Vishwanath temple here, to determine whether the mosque was constructed over a pre-existing structure of a Hindu temple.
24.01 / 11:55
markets UPS Provident Manufacturing economy inclusion Destinations Why HSBC sees $100B foreign inflows for Indian bonds
Indian bonds are likely to attract about $100 billion of foreign inflows in the coming years, lured by the global bond index inclusion, according to HSBC Asset Management.
24.01 / 11:55
markets Provident BTG show performer Latin reports Emerging markets stocks bolstered by stimulus talks
Emerging-market stocks gained Tuesday as shares in Hong Kong rebounded from a 14-month low on speculation of a new stimulus package in China, while currencies pared earlier losses.
24.01 / 11:03
markets UPS Provident Manufacturing economy International Nifty Metal Index rises 3%; Tata Steel, JSW Steel, SAIL, Hindalco gain up to 6% as China cuts Banks Reserve Ratios
JSW Steel and Jindal Steel and Power gained up to 4% while Steel Authority of India Ltd saw its share price rise almost 6% on news flow around China Central Bank to cut reserve ratio requirement and boost economic growth. The People's Bank of China (PBOC) has decided to cut the reserve requirement ratio (RRR) for all banks by 50 basis points (bps) in February to boost the economic growth.
24.01 / 11:03
UPS Provident Citizens CEO Election Deloitte Sony Budget 2024: How FM Nirmala Sitharaman can make the new income tax regime attractive?
Budget 2024: Finance Minister Nirmala Sitharaman introduced a new tax regime in the Union Budget 2020-21. However, it comes with certain conditions. The government is trying to make the new tax regime attractive for income taxpayers. From 1 April, 2023, the new income tax regime has been made the default tax regime. However, the citizens have the option to avail the benefits of the old tax regime.
24.01 / 11:03
Provident Assurant security Death cover Features peace Canara HSBC Life Insurance launches iSelect Guaranteed Future Plus; features, plan options and other key details
life insurance and assured benefits, ensuring the safeguarding of goals and providing peace of mind. This plan offers financial security and stability, catering to individuals and their families at various life stages and significant milestones.
24.01 / 10:41
Provident Ball Action awards Suryakumar Yadav named ICC T20I Player of the Year for 2023
exceeding 150. He is currently recuperating from a groin surgery that he underwent in Germany earlier this month. He is expected to be back in action in the IPL for the Mumbai Indians in March.
24.01 / 10:41
Provident Digital security NVIDIA AMD performer Features Best gaming laptops: Game to your heart's content with 8 picks under ₹50000
gaming journey to the next level with our best laptop picks under ₹50,000. In this range, gamers can buy a high-performance laptop that is capable of running all games across different genres without draining your funds. Expect impressive processing speeds and vibrant graphics with our gaming laptop options that can considerably improve your gaming experience, whether you're a casual player or a professional one.
24.01 / 09:23
markets UPS Provident Target Research wellness Gross borrowing to be pegged at Rs 15.3 lakh crore for FY25; fiscal deficit at 5.5%: SBI Research
government will marginally bring down the gross borrowing to Rs 15.3 lakh crore in FY25, as it pegs the fiscal deficit at 5.5% of the GDP in the interim budget, SBI researchers said Wednesday. “We believe in FY25, net market borrowing of the Centre will be around Rs 11.7 lakh crore, and with repayments of Rs 3.6 lakh crore, gross borrowings are expected to be at Rs 15.3 lakh crore. However, the Government will adjust in switches, and this could adjust gross borrowings lower than Rs 15 lakh crore,” the researchers said. They also noted that there might be adjustments to the fiscal deficit in July when the new government releases its full budget. “The final budget to be presented in July could set it at a lower level of 5.3%-5.4% depending on GDP numbers that will be released in May 2024,” it said, noting that government will continue to rely on small saving schemes for financing of fiscal deficit. The government has set a target of bringing down the fiscal deficit to 4.5% of GDP by FY26. “It can give a hard push to Sukanya Samriddhi Yojana through encouraging fresh registrations in a mission drive mode, allowing one-time registrations for all leftover cases up to 12 years,” they said. SBI researchers noted that the government will likely be able to achieve its fiscal deficit target of 5.9% in FY25.
24.01 / 09:04
markets Provident Digital security Schools No correlation between FPI ownership norms and market fall: Sandeep Parekh
The market is abuzz that the market fall yesterday was due to selling by foreign portfolio investors (FPIs) to comply with Sebi's additional disclosure norms. Market regulator Securities and Exchange Board of India had in 2023 mandated FPIs holding more than 50% of their Indian equity AUM in a single Indian corporate group or holding more than Rs 25,000 crore of AUM in Indian markets to provide additional disclosures regarding their ownership. Sebi has now offered more time to offshore funds to liquidate their holdings. Sandeep Parekh of Finsec Law Advisors, says “the FPI ownership norm directive is old news. This came in June 2023 and was supposed to be implemented from November 2023 and there is a 180-day period given to comply. So, yesterday's fall has absolutely nothing to do with this old circular. It has to do more to do with transparency. It is not restricting investments. This is just saying that if you are kind of investing large sums in a single group of companies, you come out and tell us who you are.”
24.01 / 08:05
Provident Aware SUN Celebrity country rights National Girl Child Day 2024: Is equity mutual fund better than Sukanya Samriddhi Yojana (SSY) for your daughter?
National Girl Child Day is celebrated in the country on January 24 every year to provide support and opportunities to the girls of India. It aims to promote awareness about the rights of the girl child and to increase awareness on the importance of girl education, and their health and nutrition, and also to promote the girls' position in society to make their living better.
24.01 / 08:05
Provident Booking Mobile President Photos Celebrity Republic Day 2024: Parade time, ticket price, chief guest, and other details | Complete guide here
Republic Day parade, then you should know the parade time, venue, ticket price, and all other details. The Republic Day parade is scheduled to start at 10:30 am on January 26, running from Vijay Chowk to Kartavya Path. There will be a seating facility of around 77,000 people at the venue, of which 42,000 are reserved for the general public.

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