Provident Financial News
03.12 / 12:27
Provident
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As host of UN COP28 climate talks, the autocratic UAE is now allowing in critics it once kept out
COP28 climate talks filed in Sunday for another day of talks, they found themselves greeted by a rare sight in the United Arab Emirates — a protest. From activism about the Israel-Hamas war to environmental issues, activists allowed into the UAE can demonstrate under strict guidelines in this autocratic nation.
03.12 / 12:19
Provident
Strategy
President
country
cover
travelers
Telangana Elections Result 2023: 5 key factors that led to Congress victory and Revanth Reddy's resurgence
Lok Sabha elections. Speaking of other parties, the BJP, which has 3 members in the outgoing 119-member House, was leading in 8 seats while Asaduddin Owaisi's AIMIM party was seen leading in 6 seats while CPI in 1.
03.12 / 12:19
Provident
FIVE
economy
Bill
country
cover
Sigh of relief for economy; risk of competitive populism eases post poll results
₹3,100 per quintal in its manifesto. The Congress announced that it would buy paddy from farmers at ₹3,200 per quintal. It also promised a farm loan waiver, free electricity up to 200 units, a 50% discount on power bills for up to 400 units, and a 50% loan subsidy for self-employment.
03.12 / 12:19
Provident
Digital
Manufacturing
Platform
film
country
reports
Recovery in sight for SRF’s chemicals biz
SRF Ltd is expected to face short-term challenges, but for the long-term, recovery is in sight. The specialty chemicals company’s management indicated in a recent meeting with analysts that the worst seemed to be behind in terms of destocking globally in the agrochemical space. SRF, which has a few active ingredients for agrochemicals in the pipeline, expects demand to pick up in H2FY24.
03.12 / 12:01
03.12 / 12:01
03.12 / 11:29
Provident
FIVE
Strategy
Mantra
"Victory of mantra 'Sabka Saath, Sabka Vishwas and Sabka Prayaas": Vasundhara Raje
BJP is heading to victory in Rajasthan Assembly polls, Former Chief Minister and senior BJP leader Vasundhara Raje on Sunday said the mantra given by Prime Minister Narendra Modi 'Sabka Saath, Sabka Vishwas and Sabka Prayaas' has emerged victorious. According to the recent trends released by the Election Commission, the BJP is leading on 114 seats in a 200-member Assembly whereas Congress is ahead on 70 seats. Addressing a press conference in Jaipur, BJP candidate Vasundhara Raje said, «This victory is of the mantra 'Sabka Saath, Sabka Vishwas and Sabka Prayaas' given by PM Modi. It is the victory of the guarantee given by the Prime Minister.
03.12 / 11:29
IPO
Provident
Remark
Nov
Morningstar
show
stage
FPIs infuse Rs 9,000 cr in equities in Nov; inflow in debt at 6-yr high
FPIs again made a comeback in the Indian stock markets in November and pumped in Rs 9,000 crore amid fall in US treasury bond yields and the resilience of the domestic market. Additionally, Foreign Portfolio Investors (FPIs) made a net investment of Rs 14,860 crore in the debt market last month, making it the highest level in six years, data with the depositories showed. Going forward, FPI response will be crucially determined by the market trend, which, in turn, will be influenced by the state election results, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. If the state election results turn out to be favorable for the ruling dispensation, the market will stage a rally, and overseas investors are unlikely to miss that rally by big selling, he added. According to the data, FPIs made a net investment of Rs 9,000 crore in Indian equities in November. This came after FPIs dumped Indian equities worth Rs 24,548 crore in October and Rs 14,767 crore in September.
03.12 / 11:15
Provident
President
Celebrity
country
travelers
NOT
Telangana assembly election result 2023: BRS leader KTR concedes defeat, says 'not saddened, surely disappointed'
KCR is now at number three behind Revanth Reddy and the BJP candidate in the Kamareddy Assembly seat, however, he is leading from the Gajwel seat. BRS working president K T Rama Rao has conceded defeat, and thanked the people of Telangana for two consecutive terms of Government “Grateful to the people of Telangana for giving @BRSparty two consecutive terms of Government. Not saddened over the result today, but surely disappointed as it was not in expected lines for us.
03.12 / 10:41
Provident
SEC
Legal
information
reports
SEC Lawyers Warned by Judge for ‘Misleading’ Request in Crypto Case
A federal judge has warned attorneys from the Securities and Exchange Commission (SEC) regarding their “false and misleading” arguments in a court filing.
03.12 / 09:12
Provident
FIVE
show
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reports
testing
BJP’s welfare schemes, Modi ki guarantee worked in Madhya Pradesh; Congress suffers due to infighting, arrogance
BJP in Madhya Pradesh has come as a surprise for many within the party as a two-third majority was not expected. While the central and state welfare schemes have worked for the BJP, Congress scuttled its chances due to infighting and trying to better what Shivraj Singh Chouhan government was already providing. To beat the natural fatigue and anti-incumbency that was building up against it, BJP fought these elections with “Modi ki guarantee”, seeking votes through this slogan in its manifesto and its public meetings.
03.12 / 08:55
Provident
Fighting
Strategy
social
prevention
Madhya Pradesh: How Modi's BJP won 'India's dil' with these 'Panch Maha Mantras'
Madhya Pradesh. Leading up to the polls, there were widespread expectations of anti-incumbency among voters against the BJP's two-decade rule. To counter this, the party went all out with lively campaigns, energetic rallies, and some smart moves.
03.12 / 08:55
Provident
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Wise
India's Safeena Hussain wins $5 lakh WISE Prize for getting 14 lakh girls back to school
Safeena Hussain, founder of 'Educate Girls,' has become the first Indian woman to bag the WISE Prize worth 5 lakh USD for mobilising 14 lakh out of school girls in Indian villages to get back to mainstream education. The prize, awarded by the Qatar Foundation at the 11th Edition of the World Innovation Summit for Education (WISE) Summit earlier this week in Doha, is one of the most prestigious awards in education.
03.12 / 08:55
Citi
Provident
CEO
Platform
Parke
services
2024
park
Car services startup Park+ expects to turn profitable in March 2024 quarter
Car care services startup Park+ expects to turn profitable by the January-March 2024 quarter and close the current fiscal with over Rs 200 crore, a senior company official said. Park+ founder and CEO Amit Lakhotia said that the company at present has operations in about 30 cities and plans to expand to over 100 cities by 2024. The Epiq Capital backed company has raised $55 million till date to fund its operation which is sufficient for the company to fund operations as well as planned expansion.
03.12 / 08:55
Provident
Booking
Platform
Sony
film
reports
The busting of Baghel: Mahadev app stacked the odds against Congress in Chhattisgarh
Bhupesh Baghel factor. Baghel, the incumbent chief minister, had come to be seen as one of the Congress' strongest regional satraps with a stranglehold on the politics of Chhattisgarh after the BJP ruled the state for 15 years and then descended into chaos.
03.12 / 07:55
03.12 / 07:55
Provident
FIVE
Platform
Action
WhatsApp
cover
reports
WhatsApp bans nearly 75 lakh Indian accounts in the month of October 2023: Find out why
WhatsApp banned a total of 7,548,000 accounts in India, with 1,919,000 of these accounts being proactively banned before any user reports. As per the instant messaging platform, the section on user grievances provides insights into the types of complaints received and the corresponding actions taken.
03.12 / 07:37
Provident
UP: Judge whose brother ordered video survey of Gyanvapi complex provided security
Varanasi on his request, police said on Sunday. According to Superintendent of Police Ashok Kumar Meena, Judge Dinesh Kumar Diwakar in a letter to him said that his elder brother Judge Ravi Kumar Diwakar had passed an order to conduct videography survey of Varanasi's Gyanvapi complex in 2022.
03.12 / 06:43
03.12 / 06:09
Citi
Provident
Ripple
Fallout
Enterprise
country
prevention
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Hong Kong court will convene a hearing on Monday on troubled Chinese property developer Evergrande's plans for restructuring its more than USD 300 billion in debts and staving off liquidation. The company, the world's most indebted property developer, ran into trouble when Chinese regulators cracked down on excessive borrowing in the real estate sector. Last month, the company said Chinese police were investigating Evergrande's chairman, Hui Ka Yan, for unspecified suspected crimes in the latest obstacle to the company's efforts to resolve its financial woes.
03.12 / 05:57
Provident
Strategy
Align
Harmonic
performer
consequences
information
Mutual funds: 7 essential factors that affect MF selection
mutual fund investment can be a challenging task, particularly when faced with a selection of over 1400 schemes. How do you go about making this decision? What criteria do you consider when determining which fund to invest in, the amount of money to allocate, the method of investment, and the duration for which you intend to keep your money invested in the fund? Examining past performance is merely one aspect to contemplate when making mutual fund investments.
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