Provident Financial News
11.09 / 18:27
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Centre gives nod to implement Pradhan Mantri Gram Sadak Yojana phase four
Union Cabinet, under PM Narendra Modi, on Wednesday approved the implementation of the Pradhan Mantri Gram Sadak Yojana — IV (PMGSY-IV) for FY 2024-25 to 2028-29 with a total outlay of Rs 70,125 crore. «The financial assistance is to be provided for the construction of 62,500 km of road to provide new connectivity to 25,000 unconnected habitations and for the construction and upgradation of bridges on these new connectivity roads. The total outlay of this scheme will be Rs 70,125 crore,» the government said in a press release. Also Read | Cabinet expands Ayushman Bharat scheme for 70+ old citizens, boost for hydropower sector and more: Check highlights
11.09 / 17:45
Provident
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Courts
US Court Dismisses Lawsuit Against Atomic Wallet in $100 Million Hack Case
Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...
11.09 / 17:21
markets
Blockchain
Provident
Platform
community
social
fun
TaskBunny: Redefining Memes with Real-World Utility in the Crypto Space
The foundational objective and expectation of the crypto community, in general, is that projects and startups that debut should always try to solve human problems with the usage of blockchain technology. However, meme tokens usually take a different approach as they are based on fun and trends, with a number of them having recorded groundbreaking successes.
11.09 / 17:12
markets
Provident
Digital
Strategy
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Experts
Bitcoin
Trump’s Debate Strategy Ignored Bitcoin – Could This Influence BTC’s Next Move?
Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...
11.09 / 17:01
markets
Provident
Strategy
Analysis
trends
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Features
Candlestick Analysis Meets Automation: Exploring Avenix Fzco’s Avexbot
Avenix Fzco, a financial technology company based in Dubai, has developed a new forex robot called Avexbot. This expert advisor (EA) is designed for use on the MetaTrader 4 (MT4) platform, focusing on the GBPUSD currency pair with a 15-minute timeframe. Avexbot utilizes candlestick analysis on daily charts to identify market trends and determine optimal entry points for buy or sell positions.
11.09 / 16:55
markets
UPS
Provident
Manufacturing
information
reports
Govt launches PM E-Drive scheme to replace FAME, no subsidies for electric or hybrid Cars
The Centre has allocated Rs 10,900 crore for two years for the PM E-Drive scheme which will subsidise electric two wheelers, three wheelers, and buses. Hybrid ambulances and electric trucks will also be aided under it. It will support 24.79 lakh electric two-wheelers, 3.16 lakh e-three wheelers, and 14,028 e-buses. Announcing this, Information and Broadcasting Minister Ashwini Vaishnaw said that 88,500 electric vehicle chargers will be set up under the scheme. The decision on PM E-DRIVE Scheme was taken at the meeting of the Union Cabinet chaired by Prime Minister Narendra Modi, Vaishnaw told reporters.
11.09 / 15:53
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Citizens
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Cabinet expands Ayushman Bharat scheme for 70+ old citizens, boost for hydropower sector and more: Check highlights
Union Cabinet on Wednesday gave its nod to several significant schemes to advance healthcare, renewable energy, and promote electric vehicles to further combat pollution. The Modi-led cabinet has also approved coverage of PM Gram Sadak Yojana to those unconnected habitations due to various reasons including increase in population. Here are the top decisions from today's meeting:
11.09 / 15:24
COST
Provident
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Photos
information
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AI will force a transformation of tech infrastructure
AI is about to make the cloud a lot heavier. Cloud services and private networks for years had to handle relatively limited amounts of data. Now that artificial intelligence and deep learning are driving vast quantities of photos, video, sound and natural language into the mix, however, data that was once counted in gigabytes and terabytes is measured in much larger units of petabytes and exabytes.
11.09 / 15:16
11.09 / 14:57
11.09 / 14:11
Blockchain
Provident
Digital
Platform
security
information
reports
Indonesian Crypto Exchange Indodax Falls Victim to a Hack, Loses $22 Million
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
11.09 / 14:04
markets
UPS
Provident
Platform
Trade
stage
Features
RCO Finance (RCOF) Launches Robo-Advisor for New Crypto Traders
New DeFi trading platform RCO Finance ($RCOF) offers a fresh approach to crypto investments, particularly for new traders. The platform, now in presale mode, aims to provide tools that could help both beginners and more experienced investors maximize their trading strategies.
11.09 / 13:41
markets
COST
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Provident
economy
Food
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US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week
11.09 / 13:15
markets
Provident
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Cycling
Factor investing: Unlocking market secrets with value, momentum, and quality
Read this | Indian investors are discovering the power of factor investing Though it feels new, factor investing has been around for a long time. What’s changed is the rise of financial products, like factor-based indices and mutual funds, that explicitly follow specific factors. Historically, fund managers would optimize for different factors at various points in the market cycle.
11.09 / 12:54
markets
UPS
Citi
Provident
show
innovations
rights
PM SVANidhi: An idea that lays down a model for marginal vendors to go formal
₹1.5 lakh and ₹1 lakh, respectively. As a broad observation, street vendors in states/UTs where they are in high concentration earn less than those who operate in states/UTs where they show lower density but form a larger share of the workforce. In such a scenario, PM SVANidhi offers crucial support by facilitating financial access, regardless of the market conditions in their regions.
11.09 / 11:58
markets
Provident
Platform
Trade
Experts
information
Department
Trade portal launched to provide all information related to exports, imports
Trade Connect ePlatform is developed in collaboration with the Ministry of MSME, EXIM Bank, TCS, Department of Financial Services (DFS), and the Ministry of External Affairs (MEA). Launching the portal, Commerce and Industry Minister Piyush Goyal said that it would act as a one-stop solution for all kinds of information such as customs duties, rules and regulations. The portal is set to address information asymmetry by offering exporters comprehensive support and resources.
11.09 / 09:35
markets
Provident
Digital
Platform
Entertainment
audience
Videos
Amagi expands global footprint with Mexico entry
Amagi, a Bangalore-based unicorn and the global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), has entered the Mexican market. This strategic expansion reflects Amagi's commitment to global growth and underscores its confidence in the potential of Latin America's media and entertainment industry. As part of this move, Amagi has appointed Miriam Rios as the Director of Account Management to spearhead its sales efforts in Mexico.
11.09 / 09:09
markets
UPS
Provident
students
Schools
Courts
rights
NCPCR files affidavit in Supreme Court against plea rejecting 'UP Board of Madarsa Education Act 2004'
National Commission for Protection of Child Rights (NCPCR) on Wednesday filed an affidavit in the Supreme Court on a plea challenging Allahabad High Court's March 22 judgment striking down 'UP Board of Madarsa Education Act 2004'. NCPCR says that the education imparted to children in Madrasa is not comprehensive, and is therefore against the provisions of Right to Education Act, 2009. The Madrasa's are infringing on children's fundamental right to a good education by failing to provide these basic requirements. Children are denied not only a suitable education but also a healthy atmosphere and improved opportunities for growth, affidavit states.
11.09 / 08:11
markets
Provident
Digital
SEC
security
Strategy
Bitcoin
Bitcoin Price Struggles Near $56K; Metaplanet Expands Holdings and tZero Gains Approval
Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...
11.09 / 07:16
markets
UPS
Provident
pandemic
trends
President
What the gold rally says about market uncertainty
inflation) diminishes gold’s appeal: from a yield perspective, investors are better off holding treasury bonds rather than a non-yielding asset like gold. Read this | Are sovereign gold bonds the new ‘gold standard’ in investing? In recent months, however, US bond yields have declined, driven by expectations of easing monetary policy, and they’ve fallen more than inflation. From January to August, the two-year treasury yield dropped by 33 basis points (bps), and the 10-year yield fell 24 bps, while inflation decreased by 20 bps between January and July.
11.09 / 06:37
Blockchain
Provident
Digital
SEC
security
Trade
cover
Overstock-Backed tZero Secures Broker-Dealer License From FINRA
Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.
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