Provident Financial News

Black Friday sales provide hefty discounts on a variety of products. As for Indians, it is a great opportunity for those who missed the Diwali sales bus. An increasing number of brands are jumping on the bandwagon, seeking to tap into an Indian populace that finds itself more connected with Western culture. However, more than anything, it is just another opportunity sandwiched between Diwali and Christmas spirit that typically takes consumer item sales to new highs. This year it also comes at a time when Indians at large are riding the premium wave and are ready to shell out a lakh of rupees for a mobile or TV. “Black Friday is becoming a global phenomenon for giving a chance for consumers to buy aspirational products at good deal pricing. This also helps retailers get a better stock turn at reduced margins,” Kumar Rajagopalan, CEO of the Retailers Association of India (RAI) told ET Online. Offers are up for grabs on products ranging from clothing, footwear, beauty & personal care to consumer electronics, appliances and jewellery with players like Amazon, Myntra, Croma and Vijay Sales catering to the rise in demand. “Many lifestyle products including consumer durables, IT products, garments and wearable accessories seem to be getting a sales boost. Generally, this is seen as being very useful for omnichannel retailers,” Rajagopalan added.

Finance Minister Nirmala Sitharaman has asked ITC chairman Sanjiv Puri to draft a team from his company to Karnataka and facilitate procuring Sri Anna millets from drought-hit farmers. Her intervention with ITC followed a meeting Revenue Minister Krishna Byre Gowda and Agriculture Minister N Cheluvarayaswamy had with her in Delhi on Thursday. She has asked Puri to also consider other measures that can help the state's farmers, the FM said in a post on social media platform X. Sitharaman added that she had explained the initiatives the Centre was taking on the subject during her discussion with the ministers. Karnataka has declared 224 out of its 236 taluks as drought hit. Commenting on Sitharaman speaking to the ITC Chairman, Gowda told ET that the government procurement was the only way to protect and encourage farmers for major millets like ragi, jowar and bajra (pearl millet).

Virendra Chabra, Ludhiana, Punjab In the realm of Indian finance, loan against mutual funds (LAMF) and loan against fixed deposits (LAFD) stand as two popular options for borrowers seeking quick access to funds. While both these loans serve the same purpose, they differ significantly in their underlying principles, risks, and suitability for different individuals. This blog delves into the intricacies of LAMF and LAFD, providing a comprehensive overview of their key distinctions, application processes, and potential consequences of default.

Often pregnancy cost is not covered in health insurance at least for two years and in some cases it can be more. It becomes very challenging when you have to bear this cost entirely from your own pocket along with other medical expenses that you come across during this critical period. It is important to make a budget and plan your expenses in case your spouse is pregnant, and you are expecting delivery within a few months.

Godrej Expert Rich Crème maintains a significant presence in the hair colouring domain, providing consumers with a blend of affordability and quality. Godrej Expert Rich Crème has launched its TV commercial conceptualised by Lightbox, the in-house creative studio of GCPL.

In India, the old age saying of ‘Roti, Kapda aur Makaan’ still holds much value and relevance – it still resonates with every common man in India. And rightly so, a Home is a Home, much more than just 4 walls; it harbors dreams and builds value, both monetary and emotionally, and hence is often revered by the Indian population and is consistently viewed as an aspirational and profound investment.

Reducing import duties on inputs and capital goods could help the government cut down the need for many of the existing export schemes, think tank GTRI said on Friday. This would be an important step as India continues to face challenges in managing these incentives within the framework of international trade laws, it said. The Global Trade Research Initiative (GTRI) said that many countries, including major trade partners of India like the European Union (EU) and the US continue to declare Indian schemes as subsidies and “punish” exporters by charging countervailing duties. America and the EU account for over 20 per cent of the country’s total outbound shipments.

Southern Peripheral Road (SPR) stands as one of Gurgaon’s pivotal real estate corridors, spanning from Gurgaon-Faridabad Road near Sector 58 to its connection with NH-48 near Sector 74A, intersecting Sohna Road at Badshahpur Chowk. This evolving corridor in South Gurgaon amalgamates several developed and developing sectors catering to residential, commercial and industrial demand.

₹1,092.26 crore IPO of Fedbank Financial Services, a retail-focused non-banking finance company promoted by Federal Bank, has achieved full subscription on the last day of bidding (November 24). At 12:30 PM, the issue had garnered bids for 7,33,03,453 shares against the available 5,59,23,660 shares, resulting in a subscription rate of 1.31 times. The retail segment displayed notable interest, with a subscription rate reaching 1.51 times.

geyser that aligns with your lifestyle and budget. One of the key reasons Havells Geysers are a popular choice is their commitment to safety. Equipped with multiple safety systems, these geysers ensure protection against overheating, high pressure, and electric shocks.

Atletico Madrid, the renowned Spanish football club, is suing Singapore-based crypto exchange WhaleFin, following the unexpected termination of its $44 million shirt sponsorship deal.

Axis Bank analyst day: Brokerages have maintained a "buy" rating on Axis Bank's stock following its analyst day, and they estimate a 13% to 23% upside for the stock. According to reports, providing comprehensive digital journeys and improving customer experiences were the main priorities of Axis Bank.

While Jason Ladouceur family’s needs have not gone up, he says the cost of living basics have doubled or sometimes tripled.

Investing.com-- Gold prices hovered just below key highs on Friday as a U.S. market holiday made for scant trading cues, with focus now turning to upcoming business activity readings for more cues on the world’s largest economy. 

Rescue teams intend to offer board games and playing cards to the 41 workers stuck inside the Silkyara tunnel for 12 days, as the ongoing evacuation efforts face numerous setbacks and delays. As reported by PTI, Dr Rohit Gondwal, one of the psychiatrists at the rescue site, said, “We are planning to provide ludo and chess boards and playing cards to help them (trapped labourers) relieve stress.

Black Friday Sale 2023: From Vijay Sales to Croma, best deals and offers from Indian retailers In the West, Black Friday is synonymous with deep discounts. In India, retailers are offering 50-70% discounts on products, free shipping, easy-to-return policies, and offers like buy-one-get-one offers on beauty products, apparel, and electronic items among others. Electronic brand Croma unveiled its 'darkest' Black Friday sale this year.

health insurance is crucial for ensuring financial protection in case of medical emergencies. However, it is disheartening to know that a majority of claims get rejected by insurance companies. According to Policybazaar, 75% of health insurance claims in India are rejected.

Investing.com-- Asian currencies kept to a tight range on Friday, while the dollar moved little as a U.S. market holiday made for scant trading, although focus now turned to key business activity readings due later in the day. 

Investing.com-- Oil prices rose slightly in Asian trade on Friday as traders remained on edge over a delay in an OPEC+ meeting, although expectations of more supply cuts by the cartel put prices on course to break a four-week losing streak.

BEIJING (Reuters) — China hopes Russia will give policy support for Chinese automobile enterprises to produce, sell and operate in Russia, Chinese state media cited China's ambassador to Russia as saying on Friday.

Investing.com-- Most Asian stocks fell on Friday following weak economic signals from Japan and the euro zone, while steep losses in index heavyweight Chow Tai Fook Jewellery dragged Hong Kong’s Hang Seng index lower.