Provident Financial News

NEW DELHI : The draft Broadcast Services (Regulation) Bill, 2023, floated by the ministry of information and broadcasting earlier this month, has sparked concerns around the creative freedom of streaming platforms. Several provisions appear to border on censorship, which OTT (over-the-top) services have so far been exempted from.

Unprecedented Accumulation of Wealth Caused by Bitcoin

U.S. Data Mining Group, Inc., doing business as US Bitcoin Corp (USBTC), today announced two pivotal developments: the progression of its merger with Hut 8 Mining Corp (“Hut 8”) and the court approval of the Celsius bankruptcy restructuring plan.

The trade of BC Technology Group Limited's shares on The Stock Exchange of Hong Kong Limited will be halted beginning at 9:00 a.m. on Monday, November 13, 2023, according to an announcement made by the company. This decision was taken in advance of a scheduled announcement about a large deal, which is regarded as business inside knowledge.

Block, Inc. (NYSE: SQ), formerly known as Square, Inc., has made a significant investment in Australia's Indigenous business sector. The global technology company, renowned for its Square and Afterpay services, has committed AUD$3 million to a new fund established by First Australians Capital (FAC). This investment marks Block's first social impact investment in Australia and is a part of its broader USD$100 million social impact investment fund.

Stocks on Wall Street closed mostly higher on Friday to notch another winning week on growing expectations the Federal Reserve is done with raising interest rates and could start cutting them next year.

Narendra Modi will attend the World Climate Action Summit in Dubai on December 1, the Ministry of External Affairs (MEA) said in a statement on Sunday. The prime minister will reach the United Arab Emirates (UAE) on November 30, at the invitation of H.H.

Narendra Modi urged Indians living in the country to stop relying on cash for transactions and instead pay digitally, a habit the government has been seeking to inculcate in citizens as part of its digital economy efforts. In the 107th edition of his public outreach programme ‘Maan ki Baat’, Modi urged citizens to make payments only through the digital mode for at least a month. “Decide for yourself that for one month you will make payments only through UPI (Unified Payments Interface) or any digital medium, and not through cash," he said.

Israel and Hamas appeared to be back on track Sunday after the release of a second group of militant-held hostages and Palestinians from Israeli prisons, and Egypt said it had received new lists for an expected third release. In a separate development, Hamas announced Sunday that one of its top commanders had been killed, without saying when or how. Israel's military confirmed it.

Aden, Yemen, on Sunday, authorities said. While no group immediately claimed responsibility, it comes as at least two other maritime attacks in recent days have been linked to the Israel-Hamas war. The attackers seized the Central Park, managed by Zodiac Maritime, in the Gulf of Aden, the company and private intelligence firm Ambrey said.

Bihar Chief Minister Nitish Kumar on Sunday defended his fresh pitch for special category status, stressing that in addition to own expenses, states were saddled with a sizeable share of cost of central schemes. Kumar said this at 'Bhim Sansad' here, a public meeting organised by the JD(U) on the occasion of Constitution Day, in the honour of Babasaheb Bhim Rao Ambedkar.

Loki's return to the MCU? Given Loki's crucial role in the Multiverse Saga, it seems unlikely that he will remain on the sidelines for an extended period, especially considering the significant developments in Season 2. A potential immediate return for Tom Hiddleston's Loki could be in next year's «Deadpool 3», a film set to push the boundaries of the Multiverse as characters from the 20th Century Fox world, such as Deadpool and Wolverine, transition into the MCU. Looking further ahead, fans can anticipate Loki's involvement in the upcoming Avengers films, with Avengers: The Kang Dynasty slated for 2026 and Avengers: Secret Wars in 2027. These films are expected to explore diverse universes, with Loki possessing crucial knowledge about the looming Kang threat. In recent interviews, Loki executive producer Kevin Wright provided a nuanced update on the prospects of Loki Season 3. Speaking with Collider, Wright shared that the creative team approached Season 2 as if there might not be a third season, aiming to deliver the best and most fulfilling story. While expressing his admiration for the team he worked with on Loki, Wright conveyed his enthusiasm for continuing to tell stories with this talented group, hinting at the potential for more adventures in the Loki storyline.

wildlife sanctuaries in Madhya Pradesh to create the largest tiger reserve in the country spanning 2,300 square kilometres, ANI reported on Sunday. The Union government has issued a notification regarding the approval of the proposal to merge the Nauradehi Wildlife Sanctuary—located in central Madhya Pradesh covering parts of Sagar, Damoh, Narsinghpur, and Raisen districts—with the Rani Durgavati Wildlife Sanctuary in the Damoh district of the state, the report said citing a forest department official.

By Navkiran Singh

Repo rate, also known as the repurchase rate, is the rate at which the central bank lends money to commercial banks. Repo rate is crucial in altering the economic landscape in the intricate network of financial systems. Fluctuations in this rate have far-reaching implications, altering the cost of credit and borrowing across the economy. Here’s how.

Driven by economic stability, policy reforms, and changing consumer dynamics, India’s real estate sector has registered strong growth with a massive uptick in demand in 2023.

discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties. Cyber Monday, as the first Monday after the Thanksgiving holiday has become known as merchants step up online promotions, is set to be the biggest online shopping day of the year in the United States. Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the lowest-cost, best-value merchandise, said Rob Garf, vice president and general manager for retail at Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service. Despite an earlier start to retailers' holiday promotions this year, there weren't a lot of great deals initially, Garf said.

Indian Railways is eyeing a mix of cost saving and improved passenger experience on Vande Bharat trains through its new Yatri Seva Anubandh initiative. According to officials aware of the Admove, a pilot project for six pairs of Vande Bharat trains is ready and will be extrapolated to other premium trains if successful.

Damoh district in Madhya Pradesh is set to become home to the country's largest tiger reserve, said a forest department official. The central government has issued a notification approving the proposal to merge the Noradehi Sanctuary with the RDurgavati Sanctuary of the Damoh district, creating a vast tiger reserve spanning 2,300 square kilometres. The reserve will be centered around the Jabera area of Damoh district and is expected to boost tourism and development in the region, said officials. According to Damoh's Forest Divisional Officer, MS Uikey, the new tiger reserve will provide a safe haven for the area's tiger population, which currently stands at 16. The merger is also expected to attract more tigers to the area, further enhancing its conservation value. Uike expressed his optimism about the impact of the tiger reserve on Damoh's development, stating, «This is a big gift for Damoh.

Jammu and Kashmir Police on Sunday said they have arrested three terrorist associates linked with the proscribed terror outfit Lashkar-e-Taiba and recovered arms, ammunition and other incriminating materials from their possession in Baramulla district. On November 25, during joint Naka checking and patrolling with 13 SIKHLI, 185 BN BSF and Baramulla Police at Kalgai near Jhula Foot Bridge, they intercepted two suspected persons coming from Kamalkote towards NHW carrying bags who were identified as Zameer Ahmad Khanday, son of Azeem Khanday resident of Madiyan Kamalkote and Mohammad Naseem Khanday, son of Abdul Majeed Khanday resident of Madiyan Kamalkote, said official. During the search, three Chinese grenades and cash worth Rs 2.5 lakh were recovered from them. To this effect, a FIR under relevant sections of the law was registered at Police Station Uri. During sustained questioning, both the accused disclosed that these illegally acquired grenades and cash had been provided to them by one Manzoor Ahmad Bhatti, the son of Karam Din Bhatti, a resident of Madiyan Kamalkote, so that they could execute any terrorist act. Accordingly, Manzoor Ahmad Bhatti was picked up for questioning.

Bharat Dynamics Ltd’s shares closed 5% up. In any case, its prospects are on a better footing now. Worries about delayed execution despite a strong order book appear to have eased to an extent.