Provident Financial News

NPCI) has recently instructed payment applications to disable UPI IDs that have remained inactive for over a year by December 31, reported Business Today. This measure aims to avoid inadvertent fund transfers in cases where customers switch their mobile numbers without unlinking their previous numbers from the banking system.

entrepreneurship in India can be attributed to the expanding opportunities fuelled by the country's growing economy as the rapid development in tech has created a favorable environment for diverse niche products, said Rohit Gajbhiye, Founder and MD, LEO1. “The availability of venture capital, the rise of incubators, and a pool of talented individuals further contribute to the flourishing entrepreneurial landscape," he told LiveMint. Also Read: What entrepreneurs expect from FM Sitharaman's Budget 2024? 1) Sachin Kataria: Leading many responsibilities at Nykaa, Sachin Kataria has experience at Unilever and Tata Consultancy Services.

India's e-commerce industry is experiencing rapid growth, fueled by the country's digitization and expanding internet user base. Advancements in technology, such as artificial intelligence and virtual reality, are expected to revolutionize the online shopping experience. According to Google's latest report, India's internet economy is projected to reach a staggering $1 trillion by 2030, a sixfold increase from $175 billion in 2022.

Gujarat has only about six per cent of India's geographical area and nearly five per cent of the population, the state has become an engine of the country's development with world-renowned firms coming here for business, according to officials. As per the official website of the Vibrant Gujarat Global Summit (VGGS), the state has over 200 industrial estates with close to 100 private industrial parks. The 10th edition of VGGS, the state's biennial investors' meet, is scheduled to be held next month in the capital Gandhinagar.

Here is a look at these income tax changes and how they will impact you in 2024. 1. New tax regime income tax slabs changed: To make the new tax regime more attractive, income tax slabs under this regime were changed. Income tax slabs for FY2023-24 under the new tax regime are as follows:

External Affairs Minister S Jaishankar on Thursday emphasized the need to shape international relations with Indian characteristics. He highlighted that his "major preoccupation" is to dedicate more time to exploring India's reservoir of culture and knowledge.

washing machines that fall within the reasonably priced range of Rs. 8000, meeting a variety of demands. Vijay Sales’ VISE brand delivers dependable washing machines while emphasising economy without sacrificing performance.

From Bharat Forge to Indigo to the Raymond Group to Religare Enterprises, several big businesses got embroiled in disputes in 2023, underlining the need for a clear succession plan, firewalling companies from relationship troubles and better stakeholder scrutiny. The year 2023 highlighted that as India's corporate sector matures and women in top roles assert themselves more, it needs to devise better ways to face a new future.

Ayushman cards — which enable free treatment of up to Rs 5 lakh per anum per family at empanelled hospitals — have been generated during the ongoing Ayushman Bhava campaign. More than five crore Ayushman Bharat Health Accounts (ABHA) were also created during the campaign, the Union Health Ministry said on Friday. This is reflective of data up to December 28, it said.

Civil aviation minister Jyotiraditya Scindia on Friday said tomorrow will be a historic day for the country with the inauguration of the Ayodhya airport, which will be expanded hugely in the second phase by augmenting overall area and increasing the runway length. The Ayodhya airport, which will be inaugurated by Prime Minister Narendra Modi on Saturday, is built over an area of 6,500 square metres. In an interview to PTI, Scindia said the connectivity from the Ayodhya airport will only grow in the days to come.

Power Grid Corporation board on Friday approved raising of Rs 2,200 crore through bonds. The company's committee of directors for bonds, in their meeting on July 29, 2023, approved the raising of up to Rs 5,700 crore in FY 23-24 in multiple tranches to part finance its capex requirement, for providing inter corporate loan(s) to wholly owned subsidiaries/JVs and for general corporate purposes, according to a regulatory filing.

David Gonzales, Panaji, Goa

Satish Kumar, the president of Lakshmi Narayan Mandir in Surrey, Canada, was reportedly targeted in a shooting. Recent TV reports revealed that at least 14 gunshots hit Kumar's home on Thursday night.

Lt Governor and the bureaucracy and a short-lived promise of authority after a Supreme Court verdict on control over Services-related matters marked an action-packed 2023 for Delhi's AAP government. Hardly a week after the Supreme Court on May 11 granted Delhi's elected AAP dispensation executive control over Services-related matters, including appointments and transfers of bureaucrats, the BJP-led Centre brought legislation to again tilt the balance in favour of the Lt Governor.

Engineering and construction firm Kalpataru Projects International said the company along with overseas subsidiaries and joint ventures bagged new orders worth Rs 3,244 crore and also announced its foray into underground metro rail tunnelling segment. The company said it secured an order for design and construction of an underground metro rail project, marking its foray into electric mobility business with TBM (tunnel boring machine) tunnelling scope. According to a statement, Kalpataru Projects International Ltd (KPIL) along with its joint ventures (JVs) and overseas subsidiaries has secured new orders/notification of awards of Rs 3,244 crore. It has also got orders in the buildings & factories (B&F) business, including KPIL's largest ever design and building contract for a residential project in south India with a built-up area of approximately 13 million square feet from a reputed developer. Besides, the company got orders in the Transmission & Distribution (T&D) business from overseas markets. «We are delighted to announce strategic order wins across diverse businesses.

SPIEF says its June 2023 event in St. Petersburg (Russia) witnessed 900 investment agreements worth about $47.6 billion, and 43 agreements between Russian and foreign businesses. Amidst global economic upheavals, SPIEF has been spearheading alliance building/ fostering alliances between Russia and its trade partners, including India.

financial literacy is apparent as an increasing number of individuals are now engaging in mutual fund investments. Mutual funds remain the preferred investment option for Indians, with fixed deposits following closely behind. Investors stuck to the trammels of convention when deciding how to invest their money for greater returns.

Chandrashekhar quoted Apple's response, which said that Apple does not attribute the threat notifications to any specific state-sponsored attacker, adding that some Apple threat notifications may be false alarms or are not detected. "Apple does not attribute the threat notifications to any specific state-sponsored attacker. State-sponsored attackers are very well-funded and sophisticated, and their attacks evolve over time.

By Rae Wee

In the dynamic realm of cryptocurrency, Cardano (ADA) stands out with its recent price movement. As of December 29, ADA’s price hovers around $0.6101, showing a 6.42% decline over the last 24 hours.

PTI. Liquor permits are granted to individuals by the health department only if the area medical board issues a certificate.