Provident Financial News
02.01 / 04:29
01.01 / 17:47
markets
Provident
Target
Digital
Strategy
PAM
country
View: Govt must address geographical diversification in the chip sector
Industrial policy is once again gaining favour worldwide. Whether through the US' Inflation Reduction Act 2022 or the Mario Draghi report for the EU, 'EU Competitiveness: Looking Ahead', the West — the traditional stronghold of market-driven economies — appears to have embraced state intervention. Even IMF, in its World Economic Outlook 2024, acknowledges that industrial policy can be used to address market failures. Against this backdrop, GoI efforts to establish a domestic semiconductor chip design and production ecosystem deserve closer scrutiny.
01.01 / 13:31
markets
UPS
Provident
President
War
country
Russian gas to Europe stops flowing after Ukraine refuses to renew pipeline deal
Subscribe to enjoy similar stories. Russia halted natural gas flows to Europe via Ukraine, as Kyiv’s refusal to extend a pipeline deal brought an end to one of the last remaining energy links between Russia and what was once its biggest market. A gas transit deal using Soviet-era pipelines crisscrossing Ukraine expired at the end 2024.
01.01 / 10:57
markets
COST
UPS
Provident
Career
Manufacturing
Interviews
Osamu Suzuki, a leader who defied conventions, outlived challenges
Subscribe to enjoy similar stories. My first car was a Maruti 800, as it was for millions of Indians who discovered the joys of driving with this wonder car. This little marvel not only revolutionised personal mobility but also laid the foundation for India’s automotive revolution, putting an entire subcontinent on wheels.
01.01 / 07:09
markets
Provident
Digital
Strategy
awards
Experts
PAM
Tamil Nadu govt cancels smart meter tender awarded to Adani Energy Solutions
Adani Energy Solutions Ltd (AESL). The tenders were floated as four packages in August 2023 for providing the smart meters under the central government's revamped distribution sector scheme.
01.01 / 06:51
Provident
Nov
Virus
hospital
medicines
infection
symptoms
B.C. teen no longer critical with avian flu, has been taken off oxygen
New England Journal of Medicine on Tuesday, signed by multiple doctors from the B.C. Centre for Disease Control, BC Children’s Hospital and Public Health Agency of Canada.Prior to the publication of the letter, B.C.’s Ministry of Health had refused to provide updates on the teen’s status or their case “unless there is a need from a public health perspective to do so.”According to the case summary, the patient was a 13-year-old girl with a history of mild asthma and an elevated body mass index (BMI) who showed up at a B.C.
01.01 / 03:27
01.01 / 01:23
01.01 / 00:59
markets
UPS
Provident
Platform
Trade
reports
recommendations
Is the MCX stock set for a rally?
Subscribe to enjoy similar stories. With technology upgrades and the launch of a new platform in 2023, followed by the introduction of new products, the Multi Commodity Exchange of India Ltd. (MCX) solidifies its position as the leading commodity derivatives exchange in India.
01.01 / 00:13
Provident
Target
Strategy
Sustainability
War
Battlefield
peace
Culture, memory and ravages of war
Subscribe to enjoy similar stories. The ravages of war are never confined to the battlefield. The costs are borne by all of society, and when bombs destroy monuments, artworks, and irreplaceable archives, the losses are measured not just in lives and property but in broader historical terms.
01.01 / 00:03
markets
Provident
Enterprise
Opinion
Research
information
reports
Companies expected to increase Gen AI investments by half this year
Subscribe to enjoy similar stories. Companies worldwide are expected to spend 50% more on adopting generative AI (GenAI) technologies in 2025 compared to last year, according to a report from an American technology research and IT advisory firm. This, even as analysts and management are divided on how the technology’s rise will impact India’s $254-billion IT services industry.
01.01 / 00:03
markets
Provident
Digital
Google
Platform
WhatsApp
2020
NPCI extends deadline for compliance with UPI volume cap by 2 years
Subscribe to enjoy similar stories. Mumbai: In a move that will bring relief to apps providing UPI services, the National Payments Corporation of India (NPCI) has extended by two years the deadline for third-party application providers (TPAPs) to comply with limits on UPI transaction volumes processed by them. The retail payments regulator also eased restrictions on WhatsApp Pay and allowed it to extend its services to all its users.
31.12 / 19:47
31.12 / 18:33
31.12 / 16:05
31.12 / 15:37
markets
Provident
Digital
Strategy
Gemini
WhatsApp
PAM
Happy New Year wishes 2025 via ChatGPT, Meta, Gemini, other AI apps: Millions join trend around the world
New Year's message to a friend or loved one, fear not. Help is at hand, even if it's artificial. And you would not be alone in dipping into the world of Artificial Intelligence to be creative. Apparently millions of people around the world have asked ChatGPT, Meta, Gemini and other AI apps to craft New Year's greetings in the last two days alone, PTI reported.
31.12 / 15:19
Provident
ETF
security
track
cover
information
Updates
Sebi introduces MF Lite framework for passive mutual funds
Subscribe to enjoy similar stories. Index and exchange-traded funds to schemes sponsored by private equity funds will be eligible to be covered under the MF Lite framework on meeting certain conditions as the market regulator aims to simplify the operations of passively managed mutual funds.
31.12 / 13:13
UPS
Provident
Art
Entertainment
wellness
pop
AI robots are entering the public world—with mixed results
Subscribe to enjoy similar stories. Robots are stepping out. Once relegated to factories and warehouses, next-generation robots are popping up in public spaces—from retail stores to museums—cleaning, cooking and even conversing with humans.
31.12 / 12:57
Provident
economy
Sustainability
Experts
reports
Schools
MGNREGA work demand hits a four-month high in December
Subscribe to enjoy similar stories. The number of people demanding work every month on average under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) rose to a four-month high of 25.73 million in December, according to the latest data from the government. This occurred despite a recovery in rural consumption during the first two quarters of the ongoing fiscal, driven by improved rainfall and the government's reliance on increased rural spending to offset declining urban consumption.
31.12 / 12:37
31.12 / 12:37
Citi
IPO
Provident
economy
trends
Celebrity
Skye Air completes 1.5 lakh deliveries in Gurugram in Dec
Skye Air, a drone delivery logistics solution provider, on Tuesday announced completion of 1.5 lakh deliveries in Gurugram during the month of December. The company attributed this record to its technology infrastructure, partnerships with leading brands, and Gurugram's openness to modern solutions.
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