Provident Financial News
09.02 / 00:11
Citi
Provident
Waters
Sustainability
President
band
mountaineering
From Tehran to Delhi: Capitals running dry
Subscribe to enjoy similar stories. Is Tehran moving towards ‘zero day’? Don’t get alarmed. I am not suggesting a possible US attack, but an unprecedented water stress that has gripped the Iranian capital.
08.02 / 12:17
markets
COST
Provident
Waters
Google
Enterprise
NVIDIA
Will the Budget 2026's tax gambit result in an AI infrastructure boom?
Subscribe to enjoy similar stories. India's 21-year tax holiday for foreign cloud providers, announced by Union finance minister Nirmala Sitharaman in her latest budget, has fuelled optimism across the technology sector. Politicians, industry executives, and analysts expect a surge in data-centre investments and employment.
08.02 / 09:43
Provident
Target
Action
economy
wellness
rock
Equality
Monetary policy: RBI’s rate and stance decisions are prudent but is it overdoing its liquidity injections?
Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman’s business-as-usual budget for 2026-27, presented on 1 February, was followed less than a week later by an equally pragmatic monetary policy decision, Friday last. In one of the shortest monetary policy announcements to date (just 27 minutes), Reserve Bank of India’s (RBI) governor Sanjay Malhotra announced the unanimous decision of its rate-setting Monetary Policy Committee (MPC) to keep the repo rate unchanged and maintain status quo on the stance as well (albeit by a 5:1 majority).
08.02 / 06:29
markets
IPO
Provident
Strategy
Enterprise
innovations
Relationships
Fractal Analytics’ 70x IPO: Why India’s top AI bet is debuting at a 26% discount
Subscribe to enjoy similar stories. India's leading pure-play enterprise data, analytics, and AI company, Fractal Analytics, is set to tap the capital markets through an initial public offering (IPO) that opens on 9 February. Fractal plans to raise ₹2,834 crore, at a price band of ₹857-900 per share.
08.02 / 05:51
Provident
Digital
pandemic
Virus
outbreak
reports
prevention
Govt taps private sector, academia to build India’s AI pandemic warning system
Subscribe to enjoy similar stories. New Delhi: Facing a surge in zoonotic threats, India is set to use artificial intelligence (AI) to detect emerging pathogens that jump from animals to humans, according to officials and documents reviewed by Mint. The initiative, led by the Indian Council of Medical Research (ICMR) under the National One Health Mission (NOHM), marks a shift from reactive reporting to predictive surveillance.
06.02 / 12:41
markets
Provident
Gap
security
Diversity
prevention
International
Centre moves to tighten ammonium nitrate transport rules after Delhi blast
Subscribe to enjoy similar stories. NEW DELHI: The Centre plans to tighten the regulatory framework governing the transport of ammonium nitrate by extending legal responsibility from only consignors to also consignees, depending on who provides the transport vehicle.
06.02 / 10:33
UPS
Provident
Target
Tesla
SpaceX
show
stage
Inside Elon Musk’s $1.25 trillion AI and space megamerger
Subscribe to enjoy similar stories. Elon Musk took a gulp of water on stage at the World Economic Forum in Switzerland last month and started talking up one of his latest passions: data centers orbiting Earth. “The lowest-cost place to put AI will be space," Musk said.
06.02 / 07:27
Provident
Mobile
Enterprise
Inside
testing
rights
International
Airtel’s network trials begin, but pricing dispute still clouds Navi Mumbai airport connectivity
Subscribe to enjoy similar stories. MUMBAI , NEW DELHI : Telecom operator Bharti Airtel has begun testing mobile signals at the Navi Mumbai International Airport (NMIA), two people familiar with the development said, signalling progress on cellular connectivity at the facility that was inaugurated in late December. The development assumes significance as billionaire Gautam Adani’s newest airport has been operating for over a month without network coverage from private telecom operators, causing persistent connectivity issues for passengers.
06.02 / 04:05
UPS
Provident
Parke
hospital
reports
recommendations
Editorial
Anant Raj stock has fallen sharply. Does the three-year view look different?
Subscribe to enjoy similar stories. Realty company Anant Raj shares have experienced a notable decline over the past few months, dropping significantly from the 52-week high. The stock has fallen from highs of ₹744 to ₹541.
06.02 / 02:57
COST
Provident
Booking
Sustainability
Cycling
reports
Commentary
SBI Q3 preview: Net profit seen rising 5%, loan growth to stay strong
Subscribe to enjoy similar stories. MUMBAI: State Bank of India (SBI), the country’s largest lender, is expected to post a 5% year-on-year rise in profit for the December quarter (Q3FY26) to ₹17,810 crore, according to consensus estimates from a Bloomberg poll of analysts. The state-owned bank had reported a net profit of ₹16,891 crore in the year-ago period and will announce its Q3FY26 results on 7 February.
06.02 / 01:37
markets
UPS
Provident
Booking
Manufacturing
Cycling
Department
AI power play: How MTAR Technologies is fuelling the data center boom
Subscribe to enjoy similar stories. Artificial Intelligence (AI)-led data center expansion is emerging as a structural demand driver across several industrial sectors, including power, clean energy and high-precision manufacturing. While the opportunity in India remains relatively small, the global market is already large and growing quickly, led by the US.
06.02 / 00:41
markets
UPS
Provident
Software
Enterprise
reports
testing
Agents are coming, and India's IT is rushing to meet them
Subscribe to enjoy similar stories. Top information technology (IT) services companies are racing to deploy artificial intelligence agents from specialist firms across their domains, at a time when the debut of advanced AI tools threatens to eat their lunch.
06.02 / 00:05
UPS
Provident
Target
Manufacturing
Gap
Trade
country
India's container sops draw interest from global shipping behemoths: Sonowal
Subscribe to enjoy similar stories. India is in talks with global shipping giants and domestic companies to set up container manufacturing facilities, according to Union minister Sarbananda Sonowal, as the ₹10,000 crore budget push seeks to cut reliance on China and boost local production. Several companies have expressed interest in manufacturing and demand aggregation for containers made in India, Sonowal, ports, shipping and waterways minister, said, citing names including the world's largest container shipping line Mediterranean Shipping Company (MSC); second-placed and Danish giant A.P.
06.02 / 00:05
Provident
Platform
Mobile
show
performer
beautiful
social
It's all about hours clocked—Urban Company data punctures work value talk
Subscribe to enjoy similar stories. Bengaluru: While service aggregator platforms continue to assert the value of the jobs they create, their own data shows that these jobs do not offer much upward mobility.
05.02 / 08:35
Blockchain
UPS
Provident
Digital
Trade
Bitcoin
Inside
The great crypto reckoning: Wake up and get real about this class of pseudo assets
Subscribe to enjoy similar stories. A year ago, the most pro-crypto president in US history had just returned to power after pandering to clueless retail crypto investors and receiving massive financial backing from semi-corrupt crypto insiders. Donald Trump’s second coming was supposed to be a new dawn for crypto, leading various self-dealing evangelists to predict that Bitcoin would become ‘digital gold,’ reaching at least $200,000 by the end of 2025.
05.02 / 01:29
markets
IPO
Provident
SpaceX
Trade
performer
inclusion
SpaceX seeks early index entry as it prepares massive IPO
Subscribe to enjoy similar stories. Elon Musk’s SpaceX is seeking an early boost for shares after the rocket-and-satellite business makes its stock market debut later this year. Advisers for the company, which recently merged with xAI, have reached out to major index providers, including Nasdaq, to discuss how SpaceX and this year’s other hot startups might join key indexes sooner than normal, according to people familiar with the matter.
04.02 / 14:17
markets
Provident
Software
ICE
MSCI
Trade
information
AI threatens a Wall Street cash cow: Financial and legal data
Subscribe to enjoy similar stories. For years it seemed like a sure-fire business model: Amass vast troves of financial data and sell it to Wall Street for a premium. Then Claude came along.
04.02 / 10:59
markets
Provident
Gap
economy
Enterprise
Why India needs smarter finance: It’s not just about enlarging the country’s financial sector
Subscribe to enjoy similar stories. India’s budget for 2026-27 signals a growing recognition that its financial challenge is no longer one of scale alone, but of structure and effectiveness. Measures such as the introduction of a market-making framework for corporate bonds, the development of total return swaps and bond-index derivatives, incentives for large municipal bond issuances and the creation of mechanisms such as the Infrastructure Risk Guarantee Fund and real estate investment trusts (REITs) linked to central public sector enterprises (CPSEs) point to an attempt to deepen long-term, market-based finance and improve risk distribution beyond banks.
04.02 / 08:27
COST
UPS
Provident
Google
country
travelers
International
How Indians keep overpaying abroad even after buying ‘zero forex’ cards
Subscribe to enjoy similar stories. Earlier this year, I was in Dubai—a city Indians now treat like the third long weekend of every quarter. I was travelling with a friend who had proudly picked up a “zero forex" travel card just before the trip.
04.02 / 04:57
UPS
Provident
FIVE
Manufacturing
Strategy
Sustainability
Trade
How the budget’s reforms will help India gain an export edge and make the most of its trade deals
Subscribe to enjoy similar stories. India’s budget for 2026-27 has been presented at a time when the global landscape is being reshaped by geopolitical fragmentation, supply chain reconfiguration, rising protectionism and unprecedented trade-policy uncertainty. Given the global backdrop, the budget reflects a clear strategy of sustaining India’s development agenda while addressing emerging vulnerabilities and transforming external pressures into opportunities to strengthen the foundations of the economy’s long-term competitiveness.
04.02 / 03:35
markets
UPS
Provident
FIVE
security
wellness
After Budget shuts tax-free exits on SGBs, small February window offers last chance
Subscribe to enjoy similar stories. The Budget for 2026-27 has removed the tax-free redemption benefit on sovereign gold bonds (SGBs) for secondary market buyers. Starting 1 April 2026, only those investors who bought SGBs at the time of issue and held them till maturity will get tax-free gains, excluding investors who purchased the bonds on stock exchanges even if they hold them till maturity.
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