Provident Financial News

Bajaj Allianz Life, one of the leading private life insurers, has launched the Bajaj Allianz Life Mid Cap Index Fund NFO. This fund is designed to capture the growth opportunities presented by mid cap equities with a focus on providing investors with capital appreciation. Its objective is to generate returns by investing in the constituents of the Nifty Midcap 150 Index. The NFO period for Bajaj Allianz Life Mid Cap Index Fund ends on 28th November 2023.

The Indian financial system has undergone a remarkable tech-backed revolution in the past decade in providing ease of accessibility to liquid capital to its citizens. The digital revolution has ushered in a new era of convenience and efficiency. One of the most significant advancements is digital lending, which allows individuals to apply for paperless loans with the promise of instant approval. This financial innovation has the potential to reshape the way we access credit, making it imperative to understand the ins and outs of this transformative process.

EPFO has approved a Communication Framework Document which will help in the timely dissemination of information within the retirement fund body and its stakeholders, an official statement said on Wednesday. The EPFO board also approved the Draft Audit Manual which will help standardize audit procedures, provide a training resource for employees, facilitate decision-making, and consolidate audit information in EPFO, the Ministry of Labour & Employment said in a statement.

A record 76.5 million income tax returns were filed for assessment year 2023-24 (FY23) till the due date of October 31, 11.7% higher than 68.5 million returns filed for AY2022-23 (FY22) till the respective due date, the tax department said on Wednesday.

Rio Tinto negotiated a liability agreement likely to cap its payout exposure if Gina Rinehart loses a multibillion-dollar legal battle with another of Australia’s richest women.

ICICI Bank. The stock has underperformed benchmark indices in the last one year. It has given muted returns, up just 0.8 percent in the last 1 year as against a 5 percent gain in Nifty Bank and a 6 percent jump in Nifty.

Alternative Investment Funds (AIFs), has experienced significant growth, surpassing the growth of conventional mutual funds in recent years. This can be attributed to several key factors, which include: Increased investor awareness and affinity for alternative investments: There has been a noticeable increase in investor awareness and a growing appetite for alternative investments.

Kerala government has moved a writ petition in the Supreme Court against Governor Arif Mohammed Khan for alleged inaction on his part to eight bills passed by the state legislature and presented to Governor for his assent under Article 200 of the Constitution. With this, Arif Mohammed Khan will be the third Governor to face similar petitions in the top court alleging delay in clearing of bills, after Tamil Nadu Governor RN Ravi and Punjab's Governor Banwarilal Purohit. As per the petition, three bills have been pending before the Governor for more than two years. «The conduct of the governor as would presently be demonstrated threatens to defeat and subvert the very fundamentals and basic foundations of our constitution, including the rule of law and democratic good governance, apart from defeating the rights of the people of the state to the welfare measures sought to be implemented through the Bills», the petition read. The Pending Bills include University Laws Amendment Bill (1st amendment) 2021 Bill no 50, University Laws Amendment Bill ( 1st amendment) 2021 Bill no 54, University Laws Amendment Bill ( 2nd amendment) 2021, Kerala Co-operative Societies Amendment Bill 2022, University Laws Amendment Bill 2022, Kerala Lokayukta Amendment Bill 2022, University Laws Amendment Bill 2022 and Public Health Bill 2021. Earlier, Chief Minister Pinarayi Vijayan pointed out, «As per the constitution, the Governor cannot unnecessarily delay the bills sent to him after the Assembly passes them.» Following this, Governor Arif Mohammed Khan raised concerns that CM Vijayan does not regularly provide updates on government activities, which he says is the constitutional duty of the Chief Minister. In a similar move, the Tamil

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The giant Tomago aluminium smelter in which CSR owns a 25 per cent stake is seeking a cheaper power deal from 2029 as crunch time looms for the biggest user of electricity in NSW.

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Lalsawta, is aggressively trying to unseat Zoramthanga as it sees the heat from Manipur riots — which led to a large number of Kuki-Zo people who have the same ethnicity and Christian religion of the majority Mizo people, crossing over into Mizoram — singe Zoramthanga whose party, the MNF, is an ally of the BJP at the Centre. While the MNF and the Congress are vying for power, a new party, Zoram People's Movement (ZPM), led by a former cop, is being seen as a strong contender.

Maratha reservation protestors burn tyres on the Pune-Bengaluru highway near Navale bridge in Maharashtra's Pune city on Wednesday. Police have booked approximately 400-500 people. 1) Internet services have been suspended in Chhatrapati Sambhajinagar district – both rural and urban areas – of Maharastra on Thursday, November 2 in connection with the Maratha reservation protest.

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neckband design ensures they rest comfortably around your neck, eliminating the hassles of tangling wires or constantly adjusting earbuds. What sets Amazon Sale 2023 apart is the exceptional range of neckband earphones available, catering to all kinds of audiophiles. From brands renowned for their sonic excellence to emerging players with innovative features, this sale has it all.

Internet services in the Chhatrapati Sambhajinagar district on Thursday. “The internet services provided through dongles, broadband, wireline internet, fiber internet will be suspended from 6 pm on Wednesday until 6 pm on Friday," the official said. On Wednesday, an official informed that a decision to suspend internet – both mobile and broadband services – in the Chhatrapati Sambhajinagar district has been taken to stop the spread of rumors amid the ongoing Maratha quota agitation.

Finance Minister Chrystia Freeland says Alberta’s proposed plan to withdraw from the Canada Pension Plan would put the retirement of millions at risk.

The Canada Revenue Agency (CRA) has extended the deadline for homeowners to file their taxes for vacant or underused residential properties in the country by six months.

Amazon said it is giving its sellers new generative artificial intelligence advertising tools this holiday season, Shopify has to prove to investors that its AI products will spark growth when it reports results on Thursday. Wall Street is expecting it to show revenue growth of 22.38% to $1.67 billion compared to last year, according to estimates from LSEG.

summoned to appear before the Parliament panel on November 2. Ahead of her appearance before the Committee, Mahua Moitra, in a letter to the panel said that she will appear before it for the hearing on November 2-- the summoned date but sought to “cross-examine" both advocate Jai Anant Dehadrai and businessman Darshan Hiranandani over their allegations.

finfluencers on the social media platforms. Some of these influences were banned while a few have faced the regulator’s wrath. This rampant crackdown has consolidated the position of sebi-registered investment advisors.