Provident Financial News

30.01 / 08:03

markets Provident Manufacturing Airlines Tesla show Commentary China’s EVs are coming to Canada. Americans should welcome them, too.

Subscribe to enjoy similar stories. About the author: Clifford Winston is a nonresident senior fellow at the Brookings Institution and author of Market Corrections Not Government Interventions: A Path to Improve the U.S. Economy. In 1977, a swashbuckling British entrepreneur named Freddy Laker launched the Skytrain, a no-frills, low-fare flight between London and New York.

30.01 / 04:39

markets COST Provident Manufacturing economy Sustainability Trade Economic Survey: Can India sustain a high pace of growth in a highly uncertain world?

Subscribe to enjoy similar stories. The world has not experienced such high uncertainty as today since World War II ended 80 years ago. Can India sustain the high economic growth that it has maintained since the pandemic under such conditions—or even strengthen its growth potential? This is the central theme of the Economic Survey 2025-26 released on Thursday.

29.01 / 07:45

Provident security Strategy Align President country Uncle Sam’s view of the Indo-Pacific: Why India must invest heavily in naval power projection

Subscribe to enjoy similar stories. America’s National Defense Strategy (NDS) was released earlier this month. It came in the backdrop of the US National Security Strategy (NSS) and two key developments: America’s capture of Venezuela’s former leader Nicolás Maduro and his wife in January and US President Donald Trump’ demand that Denmark surrender the autonomous island of Greenland to the US, for which this Arctic isle is said to hold national-security significance.

28.01 / 16:57

COST Provident BLOCK Mobile wellness reports ONGC eyes partnership with ExxonMobil to jointly bid for oil & gas blocks

Subscribe to enjoy similar stories. Panaji: State-run Oil and Natural Gas Corp. (ONGC) is eyeing collaboration with ExxonMobil to jointly bid for India’s hydrocarbon blocks in the tenth round of auctions under the Open Acreage Licensing Policy, according to a top executive.

28.01 / 13:07

markets UPS Provident Target Mobile economy wellness Eight things to watch out for in the Union budget

Subscribe to enjoy similar stories. As finance minister Nirmala Sitharaman sets out to present her record ninth consecutive Union budget, the Indian economy is experiencing a rare goldilocks period of high economic growth and low inflation. At the same time, uncertainty abounds as the world is disrupted by geopolitical crises and tariff wars which have upended global trade like never before.

28.01 / 03:35

Provident Target Digital economy track country Mint readers’ poll: Budget 2025 tax changes find favour, but there's hunger for more

Subscribe to enjoy similar stories. Big relaxations announced by the Centre last year in both direct and indirect taxes appear to have found favour with the population, but expectations for more still run high ahead of the Budget, a Mint readers’ poll suggests. Most respondents to the poll are still seeking a populist approach in the Budget, and are hoping for further tax relief and some exemptions under the new tax regime.

28.01 / 03:13

markets Provident FIVE security Mobile Trade innovations Rajiv Memani: Why we can expect the India-EU trade agreement to yield win-win outcomes

Subscribe to enjoy similar stories. Prime Minister Narendra Modi and his government deserve applause for concluding a landmark trade deal with the European Union (EU). The agreement negotiated over the last six months reflects maturity and avoids red lines for both sides while focusing on their complementarities.

28.01 / 01:07

UPS Provident ETF Yellow Trade President What is driving gold’s relentless rally?

Subscribe to enjoy similar stories. BAD NEWS is good news for the price of gold. These days good news is good news, too.

28.01 / 01:07

markets COST UPS Provident Target economy Union Budget should boost public capex, contain borrowing costs

Subscribe to enjoy similar stories. The Union Budget, to be unveiled on 1 February, comes in the wake of a strong performance by the Indian economy in 2025, despite geopolitical tensions and the US tariff onslaught. India’s GDP growth was aided by sizeable monetary easing in the form of policy rate cuts and liquidity support, aiding the flow of credit and supporting consumption.

27.01 / 17:35

markets COST Provident CEO Chevron cover reports ONGC reaches out to Shell, ExxonMobil, TotalEnergies, Chevron, others for production enhancement in western offshore

Subscribe to enjoy similar stories. New Delhi: State-run Oil and Natural Gas Corp. (ONGC) has reached out to as many as 10 global energy players to participate in its tender for the role of technical services provider (TSP) to enhance production in its western offshore fields, Pankaj Kumar, director (production) at ONGC, said to mediapersons on the sidelines of India Energy Week.

27.01 / 11:11

markets UPS Provident economy pandemic Private equity is reshaping American child care

Subscribe to enjoy similar stories. A SPOT AT Little Friends, an independent child-care centre in Greenwich, Connecticut, is highly sought-after. Parent testimonials are glowing.

27.01 / 11:11

COST UPS Provident Manufacturing Sustainability Enterprise reports Mint Explainer | Why NITI Aayog wants MSMEs to go green

Subscribe to enjoy similar stories. NEW DELHI: The Niti Aayog has called for a new mechanism to decarbonise India’s vast micro, small and medium enterprises (MSME) sector to help exporters meet green product requirements as Western economies roll out carbon-linked trade barriers.

27.01 / 11:11

Provident Research information reports Investigations Scandals Rapid buildup of Chinese military fuels corruption scandals

Subscribe to enjoy similar stories. HONG KONG—Decades of spending increases have helped China build one of the world’s most substantial militaries, stirring fears that it could seize Taiwan or provoke a clash over territorial disputes with neighbors such as Japan or the Philippines. But the chief victim of the buildup of China’s military so far has been its own elite, as Chinese leader Xi Jinping has purged a swath of top generals accused of corruption and disloyalty.

27.01 / 08:33

Provident Target FIVE Strategy economy wellness pandemic The Centre’s debt-control strategy will be tested by uncertain nominal growth and new demands

Subscribe to enjoy similar stories. The world has changed dramatically since Nirmala Sitharaman presented the Union budget in February 2025. US President Donald Trump has taken a wrecking ball to the institutional edifice that—despite some obvious fractures—has provided a stable framework for economic activity around the world.

27.01 / 08:33

markets COST Provident Action track testing UltraTech Cement tightens grip on volumes, costs as pricing revival awaited

Subscribe to enjoy similar stories. Cement pricing disappointed in the December quarter (Q3FY26), but UltraTech Cement Ltd still delivered a comfortable earnings beat. Consolidated Ebitda jumped 36% year-on-year to ₹3,916 crore, ahead of consensus, even as grey cement realizations fell about 6%.

27.01 / 08:09

Provident security Deloitte band show Colleges Destinations The second shift: How Gen Z is building wealth after office hours

Subscribe to enjoy similar stories. As ‘thank God it’s Friday’s resounds across offices, Stephen Fernandes is packing away his laptop after a long day. His day as a DevOps engineer may be done, but his day as a sound engineer is only getting started as he heads into sound check and rehearsals for a local band in Mumbai.

27.01 / 07:27

markets UPS Provident Healthcare hospital Department guidelines In a first, India firms up veterinary clinic standards to ensure quality care, wider access, adequate staffing

Subscribe to enjoy similar stories. New Delhi: The central government has for the first time firmed up comprehensive national guidelines, including infrastructure and human resource requirements, to modernize medical care for livestock and companion animals such as dogs and cats, according to two government officials and a document reviewed by Mint.

27.01 / 01:13

markets UPS Provident Gap War US sanctions effect: Iraq gains lost ground as oil exporter to India, fast closing gap with Russia

Subscribe to enjoy similar stories. New Delhi: Rebalancing its oil import basket of the last three-four years, India is slowly yet surely moving away from the Russia Federation and turning back to its traditional crude oil suppliers in West Asia. In doing so, Iraq, the no.

27.01 / 01:13

COST UPS Provident Election Bill President Trump’s high-stakes bid to dole out $100 billion more in tax refunds

Subscribe to enjoy similar stories. WASHINGTON—Republicans and President Trump designed their tax cuts for this moment, creating a refund bonanza that will land in Americans’ bank accounts well ahead of the midterm elections. The annual tax-filing season that opened Monday will produce a cash surge estimated at $100 billion beyond last year’s $329 billion total, and it is engineered to buoy Republicans’ sagging voter approval.

26.01 / 13:37

markets UPS Provident Manufacturing Trade reports Tariff wall: Indian internet gear, cable makers risk missing out on US data centre boom

Subscribe to enjoy similar stories. US tariffs have either crimped margins or disrupted exports for Indian cable and telecom equipment makers, even as the data centre boom drives demand in the American market.

26.01 / 11:33

UPS Provident Platform Strategy Research social International Why Amazon wants its sellers to create their own websites for free

Subscribe to enjoy similar stories. Amazon is inviting its Indian sellers to set up independent online storefronts, a move that appears to undermine its dominant marketplace in favour of becoming the backbone of the country's growing direct-to-consumer economy. The plan, called SmartBiz, allows sellers to create websites without coding for free while using Amazon’s logistics and payment systems for their sales.

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