Provident Financial News

15.11 / 06:41
Provident Election awards community SpaceX Trade 2020 Ford government inks $100M deal with Elon Musk’s Starlink system
The Ford government has signed a deal worth roughly $100 million with Elon Musk’s Starlink company to provide high-speed internet to parts of northern and rural Ontario.
15.11 / 06:33
UPS Provident Waters performer information Features Best 25 litre geysers: Here are the top 9 picks with modern safety features from Crompton, Bajaj, Havells and more
Reasons to buyReasons to avoidThe Crompton Superior Glassline Water Heater is a powerful and advanced geyser with a sleek design. It offers quick and efficient water heating, making it an ideal choice for modern households.Reasons to buyReasons to avoidThe Bajaj Shakti Storage Water Heater offers multiple safety systems and a durable, corrosion-resistant body.
15.11 / 03:49
markets COST Provident economy Trade War View: India's more worried about tomato prices, not Trump
Donald Trump is not India’s No. 1 problem. At least not right now. His hawkish trade policy may well emerge as an outsize threat to supply chains and global growth. But a bigger, more immediate worry for the central bank in Mumbai is tomatoes. Or, to be more specific, a 161% jump last month in tomato prices — due to late and heavy rainfall — from a year ago. With potatoes and onions also becoming dearer, food expenses are out of control. The average cost of a homecooked meal in October — a standard fare of rice, roti, dal, veggies, salad and yoghurt — was the steepest in 14 months, according to CRISIL, an affiliate of S&P Global Inc. The chances of a December rate cut by the Reserve Bank of India were dimming even before the US election. But with inflation spiking above the upper end of the central bank’s tolerance range of 2%-6%, many analysts are ruling out monetary easing before the start of the next financial year in April. By which time, the next American president’s policies would have started to have an effect, particularly on the exchange rate.
15.11 / 02:51
COST Provident economy wellness show track Japan’s economy continues to grow but at slower pace
Subscribe to enjoy similar stories. The Japanese economy managed to continue growing for a second straight quarter thanks to a recovery in consumption, although the pace slowed amid the impact of natural disasters during the summer. Japan’s gross domestic product expanded 0.2% in the three months to September from the previous quarter, preliminary government data showed Friday.
15.11 / 01:13
markets Provident Trade Cycling Updates diving Three-year fixed rates drop again, despite bond yields' continuing climb
The mortgage market nervously watched bond yields climb again this week. U.S. president-elect Donald Trump’s policies could potentially be like throwing gasoline on inflation‘s barbecue, and Wall Street’s getting sweaty.
15.11 / 00:47
Provident Strategy Doge country reports Department Schools Shut it down! Vivek Ramaswamy wants to close FBI and sack 1.5 million employees under Trump’s new cost-cutting department DOGE
Vivek Ramaswamy has now been handed over the responsibility of cutting government expenses alongside Elon Musk in an all-new department known as 'DOGE-Department of Government Efficiency'. And the first thing that Ramaswamy and Musk are reportedly planning on doing is closing down the FBI that could cut off a majority of unchecked government expenses. He is also thinking of sacking nearly 1.5 million federal employees under his 'shut things down' strategy, which is already raising fear in the hearts and minds of federal workers across the country, according to a previous ET report. Ramaswamy will now have the power to shape the priorities of the new department and it will operate outside of government and provide recommendations to the White House on huge chunks of expenses from the multi-trillion dollar federal budget. This Department of Government Efficiency or DOGE was actually the brainchild of Elon Musk, the billionaire who has become one of Trump’s closest aides throughout the Presidential campaign, and has been constantly rooting for the idea of a cost-cutting commission on the campaign trail.
15.11 / 00:47
markets UPS Provident Digital Pool show Talent-hungry GCCs fish for professionals at tech pools of IT firms
Global capability centres (GCCs) of foreign companies expanding their base in India are increasingly tapping India’s IT services companies for talent, with such hirings climbing up to 10 percentage points in two years. The new headcount hired from IT services by the GCCs stood at 35-41% in fiscal year ending March 2024 (FY24) as compared with 24-30% in FY22, data sourced from mass recruitment firm Teamlease shows. In FY23, the number stood at 30-35%. Experts believe there is a consistent shift in tech talent hiring across engineering, research & development (ER&D), business process management (BPM), and IT services. And as GCCs rapidly scale, they will need to imbibe some of the better talent practices of IT services companies, which have historically been hirers of the best engineering talent in the country.
14.11 / 22:41
markets UPS Provident economy Sustainability Remark wellness Powell says the Fed doesn't need to be 'in a hurry' to reduce interest rates
Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates.
14.11 / 15:39
COST UPS Citi Provident CEO economy country The big problem for Saudi Arabia’s futuristic city? The country doesn't have enough money
Subscribe to enjoy similar stories. The giant futuristic planned city of Neom is proving a headache for Saudi Arabia. Costs are up, schedules are delayed and in recent days the world’s largest construction project replaced its chief executive of six years.
14.11 / 15:39
markets Citi Provident Platform Pool reports International Porter looks to raise $100 million from private equity firms
Subscribe to enjoy similar stories. Private equity companies are looking to invest $100 million in new-age intra-city logistics services provider Porter, in a deal that will value the decade-old startup at $1.1-$1.2 billion, two people with knowledge of the development said. The new funding round will be a mix of primary and secondary share sale, they said on the condition of anonymity.
14.11 / 15:33
Citi Provident Citizens Waters Action stage guidelines From public transport restrictions to online classes: What changes will Delhi see on Friday as GRAP 3 takes effect?
Graded Response Action Plan (GRAP) will be enforced starting at 8 AM on November 15. The decision, announced by the Commission for Air Quality Management (CAQM) on Thursday, comes as the city continues to face deteriorating air quality, with the pollution levels crossing into the «severe» category.
14.11 / 15:33
markets Provident Strategy community Experts country patient Spinal Muscular Atrophy: Indira Gandhi Institute to offer free treatment for children
Indira Gandhi Institute of Child Health in Bengaluru. He called SMA a rare and often devastating genetic disorder while adding this initiative as a transformative one for patients from low-income families. The government has established a Centre of Excellence for Rare Diseases (COERD) at the institute. «We are proud to share that this is the first such centre in the country to enrol 100 beneficiaries under the National policy for the Rare Diseases,» the minister said. Since 2016, the government has been supporting patients with rare diseases and has provided Rs 75 crore as additional fund for the treatment of rare diseases. «We are also investing in infrastructure, training, and outreach to improve early diagnosis, making Karnataka a leader in addressing rare diseases,» Dr Patil said.
14.11 / 14:15
markets Provident Strategy students Experts country testing JEE Main 2025: Registrations lowest this year, students face difficulties in application
JEE (Main) exam has started on a slow note. The country's largest engineering entrance exam saw only 5.1 lakh students register with less than a week left for the deadline. During the same time period last year, 12.2 lakh applications were submitted. As the deadline approaches on November 22, experts are expressing concern over the sluggish pace of registrations.
14.11 / 12:51
UPS Provident Waters BURST performer recommendations rights Buying guide: Everything you need to know about the best room heaters for every budget and space
Looking for the best room heater for your requirement? See our top recommendations for this winter season Choosing the right room heater based on room size is essential for both efficiency and comfort. The wattage of a heater plays a key role in its heating ability, and selecting the correct size ensures you're getting the most out of your heater without wasting energy.For smaller rooms (up to 100 square feet), a heater with a power rating between 1000W to 1500W is usually sufficient.
14.11 / 12:37
markets Provident Aviat security Mobile Experts International eVTOL player ePlane raises $14 million, anticipates parallel aviation industry & new jobs
ePlane Company, incubated at IIT-Madras and aiming to become one of the main players in India’s electric vertical takeoff and landing (eVTOL) mobility sector, on Friday announced the closure of a $14 million funding round. With this funding, ePlane is poised to become the largest-funded eVTOL player in India, the company said in a statement. Founder of the startup and IIT-Madras aerospace engineering professor Satya Chakravarthy told ET that the government's support and announcement of certification standards have helped strengthen investor confidence. “Among the new investors, we can clearly see that their conviction about air taxis is much stronger compared to their interest in just commercialising drones,” he said. The Series B round was co-led by Speciale Invest and Antares Ventures, with continued participation from Micelio Mobility, Naval Ravikant, Java Capital, Samarthya Investment Advisors, Redstart (from Naukri), and Anicut.
14.11 / 12:37
markets COST Provident Citizens Healthcare cover hospital Counting solely on Ayushman Bharat PM-JAY? 6 limitations of this health insurance senior citizens must know
However, the flagship health scheme from government has its own share of limitations which may significantly impact the dependability of this scheme often in critical scenarios. As the Ayushman Bharat PM-JAY scheme is set to cover all senior citizens aged 70 and above, a crucial question arises: should seniors continue paying for private health insurance or rely solely on government coverage? Let's analyse the benefits and drawbacks of both options to help seniors make informed decisions.
14.11 / 11:35
UPS Provident Digital Google security Apple Browser One Tech Tip: Replacing passwords with passkeys for an easier login experience
If you’re tired of memorizing passwords, then give passkeys a try
14.11 / 11:13
Provident Digital Waters performer stars reports Features Best 5 star geysers for energy efficiency and hot water comfort: Top picks for 2024
Reasons to buyReasons to avoidWhat are buyers saying on Amazon?Customers value the water heater’s cost-effectiveness and design. Some report issues with quality, heating efficiency, and installation.Why choose this product?The Crompton Arno Neo 15-L offers energy savings, advanced safety features, and quick heating, making it a reliable geyser.The Bajaj Shield Series New Shakti 25L Vertical Storage Water Heater is a top contender among the best 5 star geysers.
14.11 / 10:43
Provident Waters wellness Rust performer Features peace Amazon best deals on water heaters: Up to 59% off on premium models of instant geyser, storage geysers and gas geysers
Instant geysers are ideal for small hot water needsThe Havells Instanio 3 Litre Instant Water Heater offers a swift and efficient heating solution with a unique LED indicator that changes colour based on water temperature. Made with a stainless steel (SS) tank, this water heater is both rust-proof and shockproof, ensuring durability and safety.
14.11 / 09:53
Provident Healthcare show recommendations patient medicines infection Newborn care in India: Why we need to bridge cultural beliefs with science
Subscribe to enjoy similar stories. Newborn care in India is deeply influenced by a blend of cultural beliefs, traditions, and modern medical science. Although all these customs have been handed down the line of generations and have significant cultural meaning, evidence-based medicine asks for certain practices to be reviewed.
14.11 / 09:29
UPS Provident Continental track country SOLIDARITY International Global solidarity taxes: A climate idea whose time has come
Subscribe to enjoy similar stories. From Bridgetown to Nairobi to Paris, no country is immune to the worsening effects of the climate crisis. With each passing year, we witness more climate-related destruction.

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