Provident Financial News

Subscribe to enjoy similar stories. WASHINGTON—There was much to celebrate when House Speaker Mike Johnson walked into Mar-a-Lago to meet with President-elect Donald Trump just after the November election. But there was also pressing business, including a deadline to reach a government-spending deal.

White House said, while the State Department approved the potential sale to the island of $265 million worth of military equipment. The United States is bound by law to provide Chinese-claimed Taiwan with the means to defend itself despite the lack of formal diplomatic ties between Washington and Taipei, to the constant anger of Beijing. Democratically governed Taiwan rejects China's claims of sovereignty.

Institute of Eminence (IoE) in Andhra Pradesh. This initiative aims to provide the state’s youth with education in Artificial Intelligence (AI), emerging technologies, new age skills, and entrepreneurship, paving the way for Andhra Pradesh to become an education hub. The University of Innovation will work towards blending academic excellence, innovation, and research. Its focus is to address key challenges in education and employability. The initiative will follow a hub-and-spoke model, with the University serving as the central hub, and satellite centers across Andhra Pradesh acting as spokes. This approach is an attempt to provide students from diverse backgrounds and regions access to contemporary, hybrid education that combines online and in-person learning experiences.

Ontario Teachers’ Pension Plan has announced its investment in the US based healthcare BPO -Omega Healthcare Management Services and joins with Goldman Sachs Alternatives as Co-Lead investor. Omega is a leading technology-enabled healthcare management solutions provider. Terms of the transaction were not disclosed, said an Ontario Teachers’ press release. ET first reported on 20th December that Ontario Teachers' is all set to acquire a majority stake in Omega. Ontario Teachers' is looking to invest about $700-800 million to buy out existing investor Everstone Capital, valuing Omega at $1.8 billion, ET reported.

Teamsters General President Sean O'Brien calls on Amazon to provide better pay for its union members and 'negotiate' just days before a busy holiday rush.

Discount chain Big Lots is conducting going--out-of-business sales at its remaining locations after a sale of the company didn’t materialize

TReDS (Trade Receivables Electronic Discounting System) has seen significant growth in 2024, with the bills financed crossing ₹2 lakh crore, pointing to the benefits for small businesses for whom the working capital cycle is shortened by the platform. Reserve Bank of India (RBI) data showed that at the end of October, the platform financed nearly 100,000 bills, with a combined value of ₹2.08 lakh crore. According to the data, more than 100,000 MSME sellers are registered on the four licensed TReDS platforms of Invoicemart, run by Axis Bank, M1xchange, Sidbi-promoted Receivables Exchange of India (RXIL), and C2FO Factoring Solutions, a global working capital provider.

Italy’s data protection authority says it has fined OpenAI $15.6 million after wrapping up a probe into the collection of personal data by its generative artificial intelligence chatbot ChatGPT

EDMONTON — Alberta Premier Danielle Smith says the province has heard back from Canada’s chief actuary on its bid to leave the Canada Pension Plan but says there’s no estimate on how much the province should get.

While Monday’s 2024 Fall Economic Statement contained very little in the way of tax changes, the government did provide further details on its progress toward automatic tax filing, at least for some Canadians.

With president-elect Donald Trump threatening punitive tariffs of 25 per cent, Canada should look to a reliable, old ally for expanding trade: the United Kingdom.

It’s been an action-packed year for the Bank of Canada, with policymakers cutting interest rates five consecutive times by a total of 175 basis points.

TeamLease Services on Friday announced that it has acquired stakes in outsourcing services TSR Darashaw and HR Tech software solutions provider Crystal HR and Security Solutions Private (Crystal HR) for Rs 42.6 crore. TeamLease Services has acquired 100 stakes in TSR Darashaw for Rs 17.6 crore, while it bought 30 per cent stakes in Crystal HR for Rs 25 crore, a company spokesperson told PTI. «Our acquisition of TSR Darashaw's payroll processing business and Crystal HR provides crucial infrastructure for our vision of becoming India's largest Human Capital Management (HCM) service provider.

Owning real estate in India can be a complicated affair for non-resident Indians (NRIs) due to several financial and logistical hurdles. One of the significant challenges is the tax implications for rental income. Tenants paying rent to an NRI landlord are required to deduct 30% tax at source (TDS) along with an additional 4% cess.

Tesla is recalling almost 700,000 vehicles because of an issue with the warning light on the tire pressure monitoring system

alimony case, domestic violence and divorce petition, all of them. The wife even filed an FIR against his 85-year-old father, his son from first marriage, his aunt's son, his relatives and his ex-wife who lives in the USA. There was also a twist in this case as the lawyer representing the wife said she wanted to get back with him. However, the husband declined this offer and sought divorce on the ground of cruelty. Moreover, the husband filed a police complaint against his wife claiming that she threatened him with dire consequences like taking her own life and filing false criminal cases against him and his family. The primary reason behind the long police, family court, supreme court proceedings was demand for more alimony by wife after taking Rs 12 lakh from her husband during the course of their married life. This was despite his wife having Rs 1.05 crore worth of bank FDs, cash, etc. His wife argued that he had both the means and ability to provide more alimony. She also claimed that her husband had Rs 5,000 crore worth of assets, a USA based business and multiple house properties in Pune, Bhopal and in other cities. While the husband was ready to offer Rs 20 to 40 lakh as permanent alimony, his wife demanded at least Rs 500 crore and one of the properties owned by the husband's 85-year-old father.

Malaika Arora, the fitness icon and Bollywood actor, has always been known for her dedication to health and wellness. Recently, she took the internet by storm after she offered fans a sneak peek into her daily eating habits by sharing a reel documenting what she eats in a day. She mentioned kickstarting the day with an ABC drink. Meanwhile, Madhuri Dixit's doctor husband, Shriram Nene also supports ABCG juice, filled with vitamins. But what is ABCG? Malaika begins her day with ABC juice, a blend of apple, beetroot, and carrot with a touch of ginger. This nutrient-rich drink is known for its detoxifying properties, providing vitamins, antioxidants, and fiber to kick-start her morning. Malaika’s choice of ABC juice highlights the importance of starting the day with a healthy boost.

Silver ETF—have offered average returns of around 20% and 19.66%, respectively, in 2024. There were about 31 funds across both categories. HDFC Gold ETF, the top performer among gold ETFs, has delivered a return of around 20.30% in 2024. Invesco India Gold ETF provided a return of 20.29% during the same period. SBI Gold ETF delivered a return of 19.94% in the same timeframe. Axis Gold ETF provided the lowest return of around 19.66% in 2024.

And yet many of the routine functions of government — things like national defense, benefit checks and mail delivery — continue as usual. ALSO READ: H-1B visa overhaul gets White House nod, providing big relief for international students, entrepreneurs

American farmers, small business owners and wildfire survivors are among those who will suffer if Congress cannot agree on a new spending bill after President-elect Donald Trump abruptly rejected a bipartisan plan that included more than $100 billion i...

A government shutdown at risk, House Speaker Mike Johnson is fighting to figure out how to meet President-elect Donald Trump’s sudden demands — and keep his own job