Provident Financial News
18.12 / 09:39
18.12 / 04:29
18.12 / 02:33
markets
UPS
Provident
Manufacturing
CEO
SpaceX
blues
Jeff Bezos prepares to close the gap in his space race with Elon Musk
Elon Musk and Jeff Bezos have become the two wealthiest men in the world thanks to their breakthrough technology companies. But Musk, through SpaceX, has long held a big lead in the pursuit closest to their hearts: colonizing space. Now, their space race is entering a new era as Bezos approaches two milestones that, if successful, could chip away at Musk's dominance. Bezos' rocket company, Blue Origin, is planning to soon launch New Glenn, a massive rocket that will compete directly with SpaceX's reusable Falcon 9 rockets. Then Amazon — founded by Bezos, who serves as its board's executive chair — is preparing to deploy Project Kuiper, the company's network of satellites that will challenge SpaceX's Starlink network in providing internet access from space in low Earth orbit.
18.12 / 00:31
markets
Provident
CEO
Mobile
wellness
Universities
electronic
Why is tech giant SoftBank investing over $100 billion in the US?
Japanese tycoon Masayoshi Son has joined President-elect Donald Trump in announcing plans by technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States
18.12 / 00:31
17.12 / 20:01
Provident
Waves
President
shock
OSFI keeps stability buffer for Canada's biggest banks unchanged
Canada’s top banking regulator held the domestic stability buffer (DSB) at 3.5 per cent on Tuesday after a review of the “rainy day” funds the country’s largest banks must keep aside to absorb unexpected financial shocks.
17.12 / 20:01
UPS
Provident
information
reports
Feds look to greatly expand money-laundering penalties
The federal government says it plans to boost penalties for money laundering by 40 times as part of several measures it wants to roll out to crack down on the issue.
17.12 / 17:51
Provident
Netflix
students
Universities
donates
Schools
Colleges
Billion-dollar donation from Netflix's Reed Hastings leads 2024's list of biggest gifts
Netflix co-founder Reed Hastings and former New York City mayor Michael Bloomberg made the largest contributions in 2024, and financial aid, especially for medical students, got most of the money
17.12 / 17:51
UPS
Provident
economy
wellness
reports
Department
Traffic
Retail sales rose at healthy pace last month in latest sign of US economy's health
Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season
17.12 / 16:43
markets
Provident
Target
Software
cover
innovations
Department
DPIIT signs MoU with HDFC Bank, Tally Solutions to assist startups
HDFC Bank and Tally Solutions to help startups growth. Under the MoU with the bank, startups will benefit from customised banking and financial products designed to cater to their specific requirements, such as working capital, credit access, and cash flow management. Sumeet Kumar Jarangal, director of Startup India, said by leveraging the bank's expertise and resources, DPIIT aims to provide startups with seamless access to financial services and innovative solutions. «This collaboration will not only effectively combat the critical challenges like funding and financial management but also create a conducive environment for startups to innovate and flourish in a result-oriented manner,» he said.
17.12 / 16:35
markets
Provident
Tether
security
Software
Experts
Videos
Tethered drones deployed for comprehensive aerial surveillance of Maha Kumbh
Tethered drones have been deployed in the Maha Kumbh area to provide comprehensive aerial surveillance ahead of next year's event, officials said on Tuesday. The high-tech device capable of capturing high-resolution images, videos, and sensor data leaves no corner of Mahakumbh Nagar unmonitored, they said. Held every 12 years, the Maha Kumbh is scheduled to take place in Prayagraj from January 13 to February 26. The state-of-the-art system is a major step towards safeguarding the devotees, officials said, adding that Senior Superintendent of Police (SSP) Rajesh Dwivedi has appointed an expert team to oversee its operation.
17.12 / 16:35
markets
Provident
Software
Research
students
Updates
International
H-1B visa overhaul gets White House nod, providing big relief for international students, entrepreneurs
USCIS) has introduced sweeping reforms to the H-1B visa program, refining eligibility standards and offering new flexibility to both employers and skilled foreign workers. The regulations, finalized on Tuesday, reintroduce a “prior deference” policy for visa extensions and address long-standing concerns regarding the program's integrity and accessibility.
17.12 / 15:51
Provident
Digital
security
Trade
show
travelers
Features
How integrating PAN 2.0 with Aadhaar and ‘e-Rupee’ can streamline investments and KYC
On your last vacation, remember the number of times you had to show your physical Aadhaar card and Permanent Account Number (PAN) card to comply with know-your-customer (KYC) norms at hotels and airports? For booking air/train tickets, boarding flights and trains, and checking into hotels, you must carry your KYC documents with you at all times. The same requirement goes for hospitals, banks, government offices and departments, and even some shopping centres.
17.12 / 13:51
markets
Provident
Strategy
Research
trends
Trade
Universities
Sebi overhauls regulatory frame work for investment advisers, research analysts
Markets regulator Sebi has amended norms governing investment advisers (IAs) and research analysts (RAs) to facilitate ease of doing business by providing relaxation in eligibility criteria for registration and simplifying the compliance requirements. In two separate notifications, Sebi said the minimum qualification requirement has been reduced to a graduate degree in specified fields and net-worth requirement has been replaced with the requirement of deposits. Further, it has introduced «part-time investment advisor» and «part-time research analyst» and the definition of investment advice/research service has been tweaked to exclude trading calls.
17.12 / 13:43
markets
Provident
FIVE
Digital
Software
Schools
Destinations
Telangana unveils Tourism policy, eyes Rs 15,000 cr investments, 3 lakh jobs in 5 years
Telangana Tourism Policy 2025-2030" in the Assembly. The first-ever dedicated tourism policy, after the formation of Telangana, also aims to create additional employment opportunities for three lakh people in the next five years besides enhancing tourism contribution to 10 per cent or higher of the GSDP ( gross state domestic product). The tourism infrastructure sector is predominantly driven by the private sector and there is a pressing need for the government to provide greater confidence through proactive policy and administrative framework that improves investor confidence, it said. Through the policy, the state government will be promoting «safe tourism» by creating dedicated tourist police units/tourist patrols across key tourist destinations, implementing women-friendly measures to ensure the safety of female tourists, and leverage Tourism Friendly Index (TFI) to evaluate the safety standards of destinations.
17.12 / 13:43
markets
Provident
Digital
security
Software
Experts
PAM
AceCloud announces new cloud region in Noida
Cloud computing solution provider AceCloud on Tuesday announced a new cloud region in Noida in partnership with data solution provider firms NetApp and Quantum. A cloud region is a specific geographic area containing multiple data centres owned by a service provider. The cloud region will offer low-latency access to advanced cloud technologies with enterprise-level reliability, integrated security, and disaster recovery features, a company statement said. It will offer affordable pricing plans for high-performance cloud services. The pricing for compute for GPU will start from $ 0.03/hour and object storage at $ 7/TB/month, it said.
17.12 / 11:39
Citi
Provident
Citizens
Bill
country
prevention
Sporting
New Jersey weighs making underage gambling no longer a crime, but subject to a fine
Should underage gambling no longer be a crime
17.12 / 11:25
17.12 / 09:17
Provident
Software
awards
electronic
information
reports
Department
CBDT launches campaign to intimate taxpayers on mismatch in ITR filed and AIS
income tax department on Tuesday said it is sending SMS and emails to taxpayers and non-filers where it has identified mismatch between transactions reported in Annual Information Statement (AIS) and income disclosed in ITRs for the financial years 2023-24 and 2021-22. In a statement, the Central Board of Direct Taxes (CBDT) said it has launched an electronic campaign to assist taxpayers in resolving mismatches between the income and transactions reported in the AIS and those disclosed in Income Tax Returns (ITRs) for the financial years 2023-24 and 2021-22. This campaign also targets individuals who have taxable income or significant high-value transactions reported in their AIS but have not filed ITRs for the respective years. The initiative is part of the implementation of the e-Verification Scheme, 2021.
17.12 / 09:05
Provident
Waters
Software
Sustainability
wellness
country
Videos
Cong promoted water disputes between states, does little for farmers: PM Modi
Eastern Rajasthan Canal Project (ERCP) is a direct proof of the intention of the Congress, he said. «The Eastern Rajasthan Canal Project (ERCP) was delayed for so long by the Congress, this is also a direct proof of the Congress' intentions. They talk big in the name of farmers but neither do they do anything for the farmers themselves nor do they let others do it,» he said addressing a public meeting in Dadiya in Jaipur. He was addressing 'the Ek Varsh-Parinaam Utkarsh' to mark completion of one-year of Rajasthan government during which he inaugurated and laid foundation stone for 24 projects related to energy, road, railways and water worth over Rs 46,400 crore.
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