Provident Financial News
23.11 / 11:43
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LIC to launch 3-4 products for double-digit growth in new biz premium in FY24: Chairman
Life Insurance Corporation (LIC) has lined up 3-4 product launches in the coming months with a view to achieve double-digit growth in new business premium in the current financial year. «We are projecting double-digit growth over the last year. We are going to achieve that because a recent trend is showing uptick in individual retail business.
23.11 / 11:43
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SC defers hearing on pleas for reconsideration of 2022 PMLA verdict that upheld ED's power to arrest
Supreme Court on Thursday adjourned by eight weeks the hearing on pleas seeking reconsideration of its July 27, 2022 verdict, which had upheld the Enforcement Directorate's (ED) powers to arrest and attach property under the PMLA. A three-judge bench headed by Justice Sanjay Kishan Kaul deferred the hearing, which continued since Wednesday, after Solicitor General Tushar Mehta, appearing for the Centre, sought time to address the arguments raised by the petitioners in detail.
23.11 / 11:27
Provident
Twitter
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Man
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IRCTC website goes down, users flood Twitter with complaints
IRCTC) website experienced an unexpected outage, temporarily disrupting its e-ticketing services and leaving passengers stranded. Frustrated users took to Twitter to express their grievances and seek answers. «Don’t look for a man who earns 20LPA.
23.11 / 11:10
Provident
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Limelight
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What are lab-grown diamonds, are they worth buying?
lab-grown diamonds (LGDs). LGDs have seen price drops of around 50 percent, while the prices of natural diamonds have declined 40 percent.
23.11 / 11:10
Provident
Ball
Remark
performer
country
social
cricket
'Great for cricket that India lost world cup': After Ashwarya row, ex-Pakistani cricketer Abdul Razzaq ignites another controversy
Abdul Razzaq has once again spewed venom against Indian cricket. In a viral clip on social media, the former Pakistan all-rounder spoke about India's loss to Australia in the ODI World Cup final, said, «Cricket won and India lost. Had India won the World Cup, it would have been a very sad moment for the game. They used conditions to their advantage and I have never seen such a bad pitch for any ICC final before.
23.11 / 11:07
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NMDC share price rises 1.7% encouraged by the strength in global iron-ore prices
NMDC Ltd share price gained up to 1.72% on Thursday during intraday trades on the BSE. The stock has seen a rise close to 40% since end August, is trading near 52 week highs. The rise in international iron-ore prices is boosting investor confidence towards country's largest iron-ore producer.
23.11 / 11:07
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Reuters
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rights
India plans to ask ONGC to consider rights issue to fund HPCL: report
₹15,835 c rore) for financing green projects of HPCL via issuance of preferential shares. Reuters claimed that two sources close with the developments have informed about the bail out plan. The oil ministry is awaiting a response from the finance ministry on the plan for ONGC to launch a rights issue, one of the sources said, claimed Reuters.
23.11 / 11:07
Citi
Provident
Digital
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innovations
New Royal Enfield Himalayan 450 set to debut tomorrow: Know expected prices and what's new
Sherpa 450 engine, a first for Royal Enfield, the bike boasts liquid cooling and incorporates lightweight components, including a forged piston. Not only does it exude a more premium feel, but it also delivers a superior riding experience, thanks to the increased power output from its engine. In a technological leap, the latest iteration of the Himalayan incorporates a digital console—a first for Royal Enfield.
23.11 / 11:07
Provident
Experts
reports
Canara Bank to raise over ₹5,000 crore through 10-year bonds: Report
Canara Bank is reportedly planning to issue bonds worth ₹5,000 crore on November 24. Market experts suggest that these bonds, categorized as infrastructure bonds, will have a maturity period of 10 years, concluding on November 29, 2033. The initial issue size is set at ₹1,000 crore, with an option to retain oversubscription amounts up to ₹4,000 crore, making the total aggregate issuance ₹5,000 crore.
23.11 / 11:07
Provident
Google
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Want QLED TV for better viewing? Choose from top 8 options
LED, LCD, and OLED, offering a unique viewing experience. Unlike OLED, which relies on organic compounds, QLED harnesses the power of quantum dots – microscopic semiconductor particles – to produce vibrant and lifelike colours. The benefits of a QLED panel are manifold, making it a compelling choice for those seeking an elevated viewing experience.
23.11 / 10:31
Provident
Strategy
Align
Enterprise
social
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Taking GreenOps Beyond PhotoOp with FinOps
By Nitha Puthran Amid recessionary fears and rising energy prices, businesses must prioritise environmental sustainability to ensure stability. Environmental, Social, and Governance (ESG) factors greatly influence business perception, impacting institutional investments, cost of capital, and customer retention. As the world strives for net zero, it is time for businesses and IT leaders to assess the environmental cost of doing business.
23.11 / 10:31
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PM Modi garba video not deepfake, just fake news, confirms his doppelganger
Prime Minister Narendra Modi participating in a garba dance. The authenticity of the video was initially questioned, with speculation that it might be a deepfake. Prime Minister Modi himself acknowledged the video, expressing doubts about its authenticity. However, it has now been clarified that the video was not a result of deepfake technology but rather a case of mistaken identity and false reporting. The individual in the video is Vikas Mahante, a Mumbai-based businessman and the proprietor of a steel packaging business in Malad. Mahante unintentionally found himself thrust into the limelight due to his resemblance to Prime Minister Modi. His uncanny similarity led to an invitation to London to partake in pre-Diwali festivities within the admirer's family circle. It was during this event that Mahante was mistakenly identified as Modi and filmed participating in the garba dance, causing a significant stir.
23.11 / 09:29
Provident
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Unlocking Comprehensive Protection: Affordable Car Insurance Policies with Add-on Covers
car insurance coverage while keeping your premiums in check? One of the solutions could be to invest in an affordable base car insurance policy while enhancing coverage with add-ons. This approach widens your protection while keeping the cost down. Curious about how to proceed? Explore the range of available add-on covers and the advantages they provide.
23.11 / 09:29
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Mint Explainer: Foiled attack on pro-Khalistan leader and India-US ties
Mint breaks down the developments: The Financial Times’ report said that US officials had aborted a plot to assassinate Gurpatwant Singh Pannun, a prominent pro-Khalistan leader. Pannun has been designated as a terrorist by Indian authorities. The report said that US officials issued a warning to the Indian government amid concerns about its involvement in the matter after PM Modi’s visit to America in June.
23.11 / 09:29
Citi
Provident
FIVE
Digital
Platform
Enterprise
Viacom18 partners SFA to broadcast school games
Reliance Industries Ltd., has partnered with sports enterprise Sports For All (SFA) to broadcast school-level sports competitions on television and digital platforms. The SFA Championships will be available on Jio Cinema, Sports 18 – 2, and Sports 18 Khel starting 3 December, making grassroots-level sports widely accessible in India. “We endeavour to continue spotlighting school-level talent by including SFA Championships in our portfolio," said Siddharth Sharma, head of content, TV and Digital, Viacom 18 Sports, in a statement.
23.11 / 09:28
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Yes Bank shares rebound after falling three days in a row. Key levels to watch
Stock market today: Yes Bank shares have been in uptrend after Diwali 2023. On the following session post-Muhurat trading, Yes Bank shares opened flat but soon witnessed sharp upside movement when it informed Indian stock market bourses about receipt of ₹120 crore fro sale of NPA portfolio to JC Flowers ARC.
23.11 / 09:00
Provident
Digital
Platform
TikTok
Instagram
social
shock
Protests, court appeals as Nepal's TikTokers decry government ban on app
TikTok creator Manjita Manandhar was caught off guard when the Himalayan nation banned the popular social media platform last week for disturbing «social harmony and goodwill». «I was shocked as the decision came suddenly,» said Manandhar, who earns about $1,500 a month by making content for restaurants, hotels and brands, and posting them on the app.
23.11 / 08:55
Provident
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AustralianSuper blasts Brookfield’s ‘low-ball’ Origin offer
AustralianSuper has blasted attempts by Brookfield to “buy more time” on its $18.7 billion bid for Origin Energy, describing an alternative deal asa “low-ball offer” that would shortchange investors in favour of a private equity consortium.
23.11 / 08:44
Provident
FIVE
Platform
Strategy
Intuit
Experts
innovations
Intuit's AI-Driven Approach: Transforming Fintech Industry with GenOS & Intuit Assist
Saurabh Saxena: In today's world, customers demand personalized solutions to their financial challenges. At Intuit, we believe AI is going to change the world for the better, empowering humans with new resources that open new opportunities to prosper. With our robust data and AI capabilities, we have become a leader in the financial technology sector, serving 100 million consumers and small businesses customers.
23.11 / 08:43
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PB Fintech stock sees sharp recovery, up 82% in 2023 so far; is there more rally ahead?
₹451 apiece to ₹821.40. Despite a subdued start in January with a 4.4% decline, the stock gained momentum from February onward, marking a substantial 30.26% increase. This positive trend has persisted into November, with the stock already registering a 17% uptick this month.
23.11 / 08:41
Provident
Reuters
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Experts
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Astronomy camera captures North Korean rocket stage exploding after satellite launch
satellite launch rocket exploded after separation on Tuesday, video captured by an South Korean astronomy observatory showed, in what some analysts said may have been deliberate destruction to prevent recovery. North Korea launched its first spy satellite into orbit on Tuesday, after two previous attempts this year ended with the rockets crashing during flight. The video was filmed by a camera South Korea's Yonsei University uses for watching meteors. Analysts said it shows the Chollima-1 rocket crossing the sky, and a stage separating.
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