Provident Financial News
22.01 / 01:45
UPS
Provident
security
President
show
US moves ISIS prisoners in Syria to jails in Iraq amid concern over security
Subscribe to enjoy similar stories. The U.S. is rushing to move captured Islamic State fighters out of northeast Syria amid fears that tensions between pro-government forces and a Kurdish-led militia could lead to a security breakdown and the escape of thousands of militants.
22.01 / 01:45
Provident
Justice
country
cover
Department
Courts
rights
Tiger Global ruling may complicate tax insurance for M&As, caution advisers
Subscribe to enjoy similar stories. Insurers may not readily offer tax liability insurance for merger and acquisition (M&A) deals and will subject them to stricter scrutiny given the risks of retrospective taxes, consulting and law firms cautioned, days after the Supreme Court ruled that Tiger Global must pay capital gains tax on its Flipkart share sale years ago.
22.01 / 01:45
markets
Provident
Action
Sustainability
trends
Trade
recommendations
Stock recommendations for 22 January from MarketSmith India
Subscribe to enjoy similar stories. Stock market recap: Frontline indices, the Sensex and the Nifty 50, extended losses to the third consecutive session on Wednesday, 21 January, amid heightened geopolitical uncertainties, relentless FII selling, and mixed Q3 earnings. The Sensex fell 271 points, or 0.33%, to end at 81,909.63, while the Nifty 50 settled at 25,157.50, down 75 points, or 0.30%.
21.01 / 10:31
markets
COST
Provident
Boxing
film
show
Courts
Certification delays remain a chronic headache for producers, cinema owners
Subscribe to enjoy similar stories. NEW DELHI : The censorship trials of Tamil films Jana Nayagan and Parasakthi show that not only is the Central Board of Film Certification (CBFC) understaffed, but the revising committee, tasked with addressing filmmakers’ grievances, is also often unreliable.
21.01 / 09:39
UPS
Provident
Racing
Analysis
cover
aerobics
What is the best way to train for a marathon?
Subscribe to enjoy similar stories. For many would-be marathoners, January seems as good a time as any to dust off their trainers and begin the journey to running 26.2 miles (42km). To hit a goal time or even just complete the race without injury, runners need to follow a training plan.
21.01 / 09:39
Provident
BLOCK
Manufacturing
Align
Experts
electronic
Department
Simplified GST registration leaves MSMEs trapped if turnover rises
Subscribe to enjoy similar stories. NEW DELHI : What was meant to be a quick and compliance-friendly boost for small businesses under the September goods and services (GST) recast has turned out to be a damp squib for some early adopters. Starting 1 November, the Centre introduced a special-category GST registration to simplify compliance for small businesses, allowing eligible taxpayers with monthly business-to-business (B2B) output GST below ₹2.5 lakh to opt for a fully electronic process through Rules 9A and 14A.
21.01 / 09:01
markets
COST
UPS
Provident
Platform
security
Sebi, Amfi in talks on cutting KYC, depository charges with an eye on mutual fund profitability
Subscribe to enjoy similar stories. India's mutual fund industry body is in discussions with the markets regulator to reduce certain fixed or non-variable costs borne by mutual funds, as these charges do not decline with growth in assets and continue to weigh on profitability, said three people familiar with the matter. Costs such as know your customer (KYC) charges and depository fees are largely fixed in nature since they are levied on each onboarded investor.
21.01 / 09:01
markets
UPS
Provident
Action
Trade
President
Trump outlines next steps for housing investor ban
Subscribe to enjoy similar stories. President Trump accelerated his effort to ban institutional investors from buying single-family homes, issuing an executive order Tuesday that laid out new steps to stop Wall Street home purchases. The order directs executive agencies to find ways to stop the federal government from backing loans and providing other financial incentives for institutional investor purchases of single-family homes that might otherwise have been bought by an individual homeowner.
21.01 / 08:03
Provident
Digital
Sustainability
Highways
Death
Traffic
Haven't paid e-challans or toll dues? You could lose highway access
Subscribe to enjoy similar stories. NEW DELHI : Motorists with pending e-challans or unpaid toll dues may lose access to highways under proposed changes to motor vehicle legislation that the Centre is likely to announce during the budget session of Parliament, according to two government officials close to the discussions.
21.01 / 02:23
Provident
security
Trade
Latin
International
Donald Trump’s adventurism is unsettling China
Subscribe to enjoy similar stories. Surveying his geopolitical scorecard at the end of last year, Xi Jinping had reasons to be cheerful. China’s leader had just stared down his American counterpart, Donald Trump, in a trade war.
21.01 / 00:39
Provident
Digital
students
inclusion
innovations
recommendations
Schools
Union Budget: Allocate funds to implement NEP, bridge the digital divide in classrooms
Subscribe to enjoy similar stories. The Union Budget is to be placed before Parliament once again, with every sector seeking greater funding. When I took over as secretary of school education, Government of India, in 2016, I was aghast to discover that even the nominal allocation to school education had been consistently declining since 2014.
21.01 / 00:25
Provident
Death
show
hospital
Courts
rights
Vaccines
From streets to surgery rooms, a solution for India's stray dog crisis
Subscribe to enjoy similar stories. India is preparing a national funding offensive to tackle a burgeoning stray dog crisis, as a surge in attacks and rabies fatalities forces the government to intervene in a long-standing public health failure. The Union budget may propose a scheme to finance the mass sterilization of stray dogs at government veterinary hospitals, three officials familiar with the matter said.
21.01 / 00:25
COST
Provident
Target
Gap
wellness
Experts
exclusive
Govt eyes dual allocations for MGNREGA, new rural jobs scheme in transition year
Subscribe to enjoy similar stories. NEW DELHI : Even as a two-decade-old welfare employment scheme is set to be replaced by a new one, the upcoming Union budget may carve out separate allocations for both schemes to ensure there are no gaps in jobs during the transition period, according to the minister in charge of rural development. The new Viksit Bharat Guarantee for Rozgar and Ajeevika Mission Gramin (VB-G RAM G) scheme, to be notified by the Centre, will give states six months’ transition time.
20.01 / 10:39
Provident
Action
Software
information
rights
Relationships
International
It’s pointless asking AI to ‘explain’ itself: But here’s an effective way we humans could hold it accountable
Subscribe to enjoy similar stories. If there is one thing those who design artificial intelligence (AI) policies insist on, it is that the AI systems we build should be explainable. It seems to be a reasonable request.
20.01 / 10:25
markets
IPO
Provident
Digital
Platform
shock
rights
Are IPO listings still worth the risk for small investors?
Subscribe to enjoy similar stories. 2026 could be another big year for initial public offerings (IPOs) with more than 100 companies already receiving approval to raise about ₹1.4 trillion (around $15.5 billion), according to Prime Database. Millions of retail investors typically flock to IPOs in the hope of earning quick profits by ‘flipping’ these shares after listing, but seasoned participants urge restraint, often shaped by hard-earned experience.
20.01 / 10:25
Provident
Digital
Manufacturing
Align
Sustainability
Enterprise
performer
Sensors, AI at core of India’s plan to modernise MSMEs, cut export rejections
Subscribe to enjoy similar stories. New Delhi: India is planning a massive digital upgrade of its micro, small and medium enterprises (MSMEs) as part of a broader push to align domestic manufacturing with global quality, and sustainability standards, in a move aimed at improving export competitiveness and reducing shipment rejections.
20.01 / 09:39
Provident
Action
Trade
President
Relationships
International
Is Trump’s America trying to outdo the Opec cartel on oil clout? Here’s why this game won’t work
Subscribe to enjoy similar stories. From a certain angle, US President Donald Trump is doing in a matter of weeks what other leaders could never have dreamt of: Assembling an oil cartel with sufficient sway to rival Opec and acquiring a kill switch for the energy-importing economy of America’s prime geopolitical rival, China. Combine Trump’s supposed hegemony over the Americas since the capture of former Venezuelan President Nicolás Maduro on 3 January with control over a post-revolution Iran, and you’re at about 42% of global oil production.
20.01 / 02:33
markets
COST
UPS
Provident
Digital
country
shock
Donald Trump’s Greenland tariffs are no great blow to Europe
Subscribe to enjoy similar stories. EUROPEANS ARE no longer shocked by the threat of tariffs. They know President Donald Trump regards them as a fee for access to the American market, as leverage for American access to their own and as punishment for perceived slights.
20.01 / 00:37
UPS
Provident
Target
security
Sustainability
Schools
Budget should support growth with fiscal consolidation
Subscribe to enjoy similar stories. India’s real and nominal GDP growth rates for 2025-26 are estimated at 7.4% and 8.0%, respectively, according to the National Statistics Office’s first advance estimates. In 2026-27, with prospects of higher Consumer Price Index (CPI) and Wholesale Price Index (WPI) inflation, we may expect real and nominal GDP growth rates at close to 6.5% and 9.5%, respectively.
20.01 / 00:37
Provident
FIVE
Manufacturing
security
Sustainability
Enterprise
reports
Centre weighs scaling up MSME Champions Scheme outlay ninefold to ₹10,000 crore
Subscribe to enjoy similar stories. New Delhi: The Centre is planning a steep increase in the financial outlay of its MSME Champions Scheme to around ₹10,000 crore for the next five years, according to two officials aware of the development, amid efforts to push cleaner manufacturing, exports, and global competitiveness among small businesses.
20.01 / 00:37
Provident
FIVE
Platform
Sustainability
Bill
electronic
reports
Far from crash, talk on AI ‘just getting started’ in India: Netweb CMD
Subscribe to enjoy similar stories. New Delhi: Netweb Technologies, the youngest of India’s technology companies to have gone public, is banking on sustained demand for homegrown artificial intelligence (AI) tools, platforms and applications to sustain strong growth over the next three to five years, a top company executive told Mint on Monday. In an interview, Sanjay Lodha, chairman and managing director of Netweb, said demand for AI “is far from facing a crash—in fact, in India, the conversations are just getting started." “We are seeing a lot of clients talk about AI spending, and it is only in the past few months that India has begun seriously spending on AI infrastructure and services," Lodha told Mint.
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