Provident Financial News

«We wish to inform that, as per the Press Information Bureau, Defence Acquisition Council (DAC) accorded acceptance of necessity (AON) for procurement of Light Combat Helicopter (LCH) for Indian Air Force & Indian Army and Light Combat Aircraft (LCA) Mk 1A for Indian Air Force from HAL under buy (lndian-IDDM) category. The AONs have also been accorded for upgradation of Su-30 MKI Aircraft indigenously from HAL,» the company said in an exchange filing. While procurement of these equipment pieces will provide enormous strength to the IAF, acquisition from domestic defence industries will take the indigenous capability to a new height.

Investing.com-- Most Asian currencies kept to a tight range on Friday, while the dollar rebounded from 3-½ month lows in anticipation of more cues on interest rates from Federal Reserve Chair Jerome Powell. 

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Sukanya Samriddhi Scheme (SSY). This shift is primarily driven by apprehension regarding the freezing of investments in the latter. For those unfamiliar, SSY is a government-backed savings program specifically crafted to safeguard the future of girls.

Lewis George, Panaji, Goa As a parent, you want to secure your child's financial future, providing them with the means to achieve their dreams and aspirations. Investing in mutual funds can be a powerful tool to accomplish this goal. Mutual funds offer a diversified portfolio of stocks or bonds, managed by professional fund managers, making them a suitable option for long-term wealth creation.

December 2023 brings along several crucial dates that should not be missed. Let's take a closer look at the income tax calendar for December 2023. This date marks the due date for the deposit of tax deducted or collected for the month of November 2023.

Day trading guide for today: After trading choppy during morning session, Indian stock market ended on a mixed note on Thursday. Nifty 50 and Sensex ended higher whereas Bank Nifty index finished lower in the previous session. The 50-stock index went up 36 points higher at 20,133 levels, BSE Sensex closed 86 points higher at 66,988 mark whereas Bank Nifty index lost 84 points and closed at 44,481 levels.

Investing.com-- Most Asian stocks retreated on Friday, seeing a measure of profit taking after clocking strong gains through November, with focus now turning to an upcoming address from Fed Chair Jerome Powell for more cues on interest rates. 

The late investment icon Charlie Munger said Berkshire Hathaway, the conglomerate he and Warren Buffett built over the last five decades, could have doubled its value if they applied leverage, or borrowed money, when buying businesses and common stocks.

New India Assurance, having surged 50% in the past five trading sessions, has opted for an annual revision of health insurance premiums, moving away from the previous practice of increasing tariffs every three years. Shares of New India Assurance gained 10% in Thursday's session to Rs 255.85 on the Bombay Stock Exchange, when the index rose 0.13%.

UltraTech will acquire the cement business of the BK Birla Group's Kesoram Industries in an all-stock deal at an estimated enterprise value of around ₹7,600 crore, which includes debt. The deal will give UltraTech access to two integrated cement manufacturing units in Karnataka and Telangana with a combined capacity of 10.75 million tonnes per annum (MTPA).

By Martin Coulter

Most drivers would pay $15 to enter Manhattan’s central business district under a plan released by New York officials

An attorney for the billionaire Haslam family has called the bribery allegations from Warren Buffett’s company a “wild invention."

It's back to work for construction crews that are clearing land and building access roads for a $10 billion project that the Biden administration describes as an important part of the nation's transition to renewable energy

A California advisor who managed $197 million in client assets at Morgan Stanley has jumped to Raymond James & Associates, the firm’s employee channel, Raymond James announced Thursday.

Xbox Game Pass, a popular subscription service offering a variety of games for PC and Xbox consoles without individual purchases, has silently expanded its catalog with the unexpected inclusion of Remnant 2 and Remnant: From the Ashes. Introduced by Microsoft in 2017, Xbox Game Pass continues to provide a cost-effective gaming solution for enthusiasts. Gunfire Games discreetly introduced Remnant 2 and its predecessor to Xbox Game Pass on November 30, catching many players off guard with the lack of prior announcements. The games are now accessible in the 'Recently Added' section of the service. Remnant 2, released in July 2023, has garnered a positive reception from players worldwide. This unanticipated addition to the Xbox Game Pass catalog is particularly advantageous for active subscribers of Microsoft's gaming service and those anticipating the opportunity to experience the game. Standard editions of Remnant 1 and 2 are available through Xbox Game Pass, adhering to the platform's customary offerings. However, players looking to access higher editions of Remnant 2 will need to make additional purchases.

Stardew Valley, the popular game, is hitting the road with its first-ever concert tour, "Festival of Seasons," organized by ConcernedApe. With an initial 14 shows in the United States, Canada, the United Kingdom, Australia, and Southeast Asia, the tour expanded to 36 cities across 12 countries. The concert promises an intimate experience with fresh arrangements of the game's beloved soundtrack. Fans eagerly anticipating the tour can now find details on dates, cities, and ticket sales.

Canadian Security Intelligence Service vehicle.The man, who was supposed to be her mentor and coach, treated his “own needs as more important than doing the job,” she said in an interview.She said she was raped by her colleague nine times while at work in CSIS surveillance vehicles between July 2019 and February 2020.A second officer said she too was sexually assaulted as a rookie by the same officer in surveillance vehicles during covert missions, despite warnings from the first to their bosses that he should not be partnered with young women.They say supervisors told them other women had complained about not feeling safe around the man in the past.“Nothing was done, and I started hearing these stories that there was this history of all these women (who) used to be working at our region. They used to be there, and they all had the same thing to say, and they all just ended up leaving,” the second officer said.The women are among four officers with the B.C.

MUMBAI : The Shriram Group will need to shift its focus from its mainstay lending business to insurance amid tighter regulation and rising competition from banks, said R. Thyagarajan, who founded the financial conglomerate as a chit fund nearly half a century ago. Thyagarajan’s prognosis isn’t uniformly shared across the group, though.

Laya Madduri, Secretary, Government of Assam said that financial inclusion is a critical issue that demands our attention. Microfinance institutions play a crucial role in filling the void to provide financial services in rural areas. Madduri at the 2nd National Summit on Financial Inclusion — “Accelerating Tech-Driven Financing to the Unbanked.” The national summit was organised by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) in Guwahatiunderscored, «Even those with access to financial resources often lack clarity on saving for the future.