Provident Financial News
31.12 / 09:41
markets
Provident
Strategy
economy
Experts
PAM
India Budget: As we enter 2025, a lot is riding on Sitharaman's Feb 1 budget
Budget 2025: Entering the year 2025, India's economy will be riding on budgetary hopes. Finance Minister Nirmala Sitharaman will present the Union Budget on February 1 for the 2025-26 financial year which is being expected as a strong trigger for India's economy in 2025. Prime Minister Narendra Modi last week met eminent economists and sectoral experts to get their views and suggestions for the upcoming budget. Sitharaman has already concluded her pre-budget consultations with the key stakeholders, including economists, industry and trade unions.
31.12 / 08:41
markets
Provident
Manufacturing
security
trends
Trade
Sporting
Motown’s 2025 growth hinges on rural demand
Subscribe to enjoy similar stories. As urban consumption witnesses a slowdown, the auto industry's fortunes in 2025 rest squarely on rural demand. With healthy kharif and rabi crop outputs, improved minimum support prices from the government, and better terms of trade for farmers, rural markets could provide the much-needed boost for two-wheelers and tractors in the coming year.
31.12 / 08:31
Provident
Cooper
security
Celebrity
country
information
peace
QUAD Marks 20 Years of Cooperation: India Set to Host Key Summit in 2025
As the Quad grouping celebrates its 20th anniversary, the member nations—India, the United States, Japan, and Australia—have reaffirmed their commitment to fostering a free, open, and peaceful Indo-Pacific. With tensions rising due to China’s growing military assertiveness in the region, the Quad members pledged to intensify their efforts in maintaining regional stability. This renewed commitment comes at a crucial time, as India is set to host the next Quad Leaders’ Summit in the latter half of 2025, marking a significant milestone in the partnership’s evolution.
31.12 / 06:43
31.12 / 05:17
markets
UPS
Provident
Healthcare
hospital
reports
Pristyn Care in talks to raise up to $100 million in a new funding round
Subscribe to enjoy similar stories. BENGALURU : Peak XV Partners-backed health-tech firm Pristyn Care is in early talks to raise up to $100 million from new and existing investors in a largely primary round, three people close to the development told Mint. "It is likely to be between $50-100 million that will materialize sometime in the first half of next year," one of the people said. The person added that the company, whose valuation is yet to be decided, plans to use the proceeds for its expansion.
30.12 / 18:07
UPS
Provident
Target
Progressive
Pool
Parke
reports
Centre pushes for land availability for wind projects, states look at pooling unused govt land
Subscribe to enjoy similar stories. New Delhi: The government has asked states to ease land availability for renewable energy projects with a focus on wind power, two people in the know of the developments said, citing industry concerns over the pace of progress. States are now looking at consolidating unutilized government land for wind power projects as the ministry of new and renewable energy pushes for completion of 500 GW of non-fossil power capacity by 2030.
30.12 / 15:59
markets
COST
UPS
Provident
wellness
AbbVie
Credit spreads haven’t looked this good since the 2000s. Can they get better?
Subscribe to enjoy similar stories. Companies took advantage of favorable financing conditions this year to issue debt at levels not seen since the pandemic, adding cash to the balance sheet to pay for future refinancing needs and other projects. Underpinning the surge in debt issuance: credit spreads, a metric that finance chiefs watch when deciding when to pull the trigger on a bond sale.
30.12 / 14:57
markets
Provident
Progressive
awards
War
patient
medicines
Lupin acquires 'Huminsulin' in India from Eli Lilly and Co
Lupin Ltd on Monday said it has acquired anti-diabetic medicine 'Huminsulin' in India from Eli Lilly and Company for an undisclosed sum to further enhance its diabetes portfolio. Lupin has been marketing the 'Huminsulin' range of products through existing distribution and promotion agreements with Eli Lilly and Company (Lilly), India, Lupin said in a regulatory filing.
30.12 / 14:57
30.12 / 14:15
markets
UPS
Provident
Indus
Bank guarantee waiver to aid Vodafone Idea's debt raise efforts: Citi
Vodafone Idea shares surged 7% intraday Monday after the government waived off the need for bank guarantees, a move that, analysts said, is expected to unblock the telco’s road to raise fresh bank funding and also benefit its tower vendor Indus Towers.
30.12 / 13:59
markets
Provident
Digital
Platform
wellness
innovations
rights
Equitable Bank CEO cautiously optimistic as interest rates and immigration levels drop
It was a year of many firsts for Equitable Bank (EQB), Canada’s seventh-largest lender in terms of assets: it was the bank’s most profitable year on record, with annual revenue surpassing $1 billion for the first time, and it tapped celebrities, sitcom Schitt’s Creek actors Dan and Eugene Levy, for the first time to promote its services.
30.12 / 11:13
COST
Provident
Maxim
Experts
information
Features
rights
Should you hire a credit card consultant to earn and manage reward points?
What’s the role of a financial advisor? They assess your finances, understand your future goals and make a plan to help you achieve those goals by investing in the right assets. In a parallel universe of financial products, a set of advisors are doing the same for credit cards.
30.12 / 01:05
markets
Provident
Digital
Waters
Strategy
PAM
reports
Kalpataru Projects has already yielded 100% return but any growth left? Here's what analysts say
Kalpataru Projects International reported a healthy operating performance in the September 2024 quarter with a 7.6% and 17% increase in revenue and net earnings on a year-on-year basis. While decent execution supported revenue growth, a lower effective tax rate aided PAT growth. Segment-wise, T&D (domestic and international), Building and Factories, and Oil and Gas continue to do well whereas Railways and Water segments are seeing persistent challenges.
30.12 / 01:05
30.12 / 00:43
markets
Provident
Progressive
Align
Interface
audience
innovations
Drivers of brand desire amongst new-age consumers in India
Subscribe to enjoy similar stories. When times are brimming with hope, options and changing consumer expectations, the only way for brands to stay relevant is by becoming consumer-focused and dipping into the innermost desires of customers. Desire is an emotional force deeply rooted in the human psyche; the same vigour drives discoveries and inventions and fuels breakthroughs.
29.12 / 23:45
Provident
Aware
security
Deloitte
Healthcare
Bill
Insurers may get to sell related non-insurance value added products and services but not MFs
Subscribe to enjoy similar stories. Auto repair from your car insurer and fire extinguishers courtesy your home insurer? Not outlandish ideas, but part of the government's plans to allow insurance companies to sell related products and services.
29.12 / 19:11
29.12 / 18:29
29.12 / 15:31
markets
UPS
Provident
Booking
Google
recommendations
Equality
12 books that can change how you think
Subscribe to enjoy similar stories. New Delhi: In the fascinating book, The Soul of an Octopus, naturalist Sy Montgomery writes about her encounters with the eight-armed mollusks. Turns out, they have a mind of their own.
29.12 / 15:29
Provident
Aviat
Boeing
President
show
Investigations
Plane crashes while landing in South Korea, killing 179 people
A passenger plane skidded off a runway at a South Korean airport Sunday, slammed into a concrete fence and burst into flames after its front landing gear apparently failed to deploy. All but two of the 181 people on board died in one of the country’s worst aviation disasters.
29.12 / 15:17
markets
Provident
Digital
Strategy
Experts
PAM
ISRO to demonstrate docking of satellites in space in January, launch on Monday
ISRO is set to launch two satellites on Monday night from the Sriharikota spaceport to demonstrate docking and undocking of spacecraft in orbit, which will make India the fourth country in the world to achieve the feat. The Indian Space Research Organisation's (ISRO) warhorse rocket Polar Satellite Launch Vehicle (PSLV) will place the two satellites — SDX01 and SDX02 — in a 476-km circular orbit and attempt the Space Docking Experiment (SpaDEx) in the first week of January, the space agency officials said.
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