Provident Financial News

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

financial independence in these years not just desirable, but essential. Retirement planning is not merely a financial exercise; it is a strategic alignment of today's investments with tomorrow’s needs, ensuring a sustained quality of life even after the steady flow of income ceases. A robust retirement plan is one that not only secures your future but also ensures a continuous income stream during your golden years, safeguarding your independence.

Reserve Bank of India's commentary and inflation forecasts may not provide visibility on when rates may fall but swap traders are betting on a 50 basis-point cut in local borrowing costs starting February 2025 as central banks globally start tilting towards a softer monetary policy. A basis point is a hundredth of a percentage point.

Prime Minister Narendra Modi on Thursday stressed on the need to transform the agricultural sector and said the government is making comprehensive efforts to make the lives of farmers better. Addressing the nation from the ramparts of the Red Fort on the 78th Independence Day, he also expressed concerns on deterioration in soil health due to use chemical fertilisers. He said the government has launched programmes to encourage natural farming, and budget allocations too have been increased to promote such farm practices.

Amidst the heated debate, Vatsal Sanghvi, founder of 1811 Labs, a Bengaluru-based startup focusing on GenAI SaaS products, stepped forward to defend Cognizant's position. He stated that the salary should be considered a «training stipend» rather than a full-fledged salary, citing concerns over the quality of fresh graduates entering the workforce. “The quality of freshers is often so bad that even Rs 20k per month is overspending. Most don’t know how to communicate professionally, can’t code properly, and don’t know how to behave in a professional environment,” Sanghvi shared on X (formerly Twitter). He emphasized that the market is open, and those who believe the compensation is inadequate are free to seek opportunities elsewhere. “It is an open market—don’t apply if you don’t think it’s fair. Unlike other gigs, there’s plenty of opportunity to grow if these individuals focus on building skill,” he added.

self-help groups and have become integral to family decision-making, contributing to broader social change, Prime Minister Narendra Modi said on Thursday. On the occasion of the 78th Independence Day, Modi addressed the nation from the ramparts of the Red Fort and hailed women empowerment. «We are proud to see that women are becoming economically self-reliant,» Modi said. «When women become self-reliant, they participate in family decision-making processes, which will ensure significant social transformation,» he said.

The South Korean crypto exchange Bithumb could shun its long-term banking partnership with NongHyup Bank in favor of a deal with rival bank Kookmin.

While financial advisors have massively ramped up their tech adoption since the COVID-19 pandemic, the industry still faces many challenges with respect to technology, according to a report by Cerulli Associates.

UBS Group Wednesday morning became the latest wealth management firm to declare it was increasing yields on clients’ cash held in advisory accounts, joining Wells Fargo & Co., Morgan Stanley and others who also recently raised rates due to competitors paying substantially better yields on cash.

Riot Games is introducing a new PvE mode in Teamfight Tactics (TFT) called Tocker’s Trials. This follows the recent release of the Swarm mode in League of Legends. Here’s what you need to know about Tocker’s Trials.

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...

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...

Goldman Sachs (GS), a traditional Wall Street firm considered a bitcoin skeptic, has disclosed a surprising investment in a recent regulatory filing—shares of spot bitcoin (BTCUSD) exchange-traded funds (ETFs).

CCI on Wednesday approved the US-based Hewlett Packard Enterprise Company's proposal to acquire Juniper Networks, Inc. HPE specialises in business information technology, offering infrastructure products to support the IT systems of customers, related software to automate and simplify IT operations, and cloud solutions as a service. «The proposed combination pertains to the acquisition by Hewlett Packard Enterprise Company (HPE) of 100 per cent of the outstanding shares of, and sole control over, Juniper Networks, Inc. »The proposed combination is to be carried out by way of a reverse triangular merger through which Jasmine Acquisition Sub, Inc. (a wholly-owned subsidiary of HPE) will merge with and into Juniper, such that Juniper will be the surviving entity and will become a wholly-owned subsidiary of HPE," CCI said in a release.

Telecommunications firm Rogers Communications Inc. is abusing its market power following its blockbuster acquisition of Shaw Communications Inc., according to a complaint by a Canadian television company.

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By Murtaza Haider and Stephen Moranis

Vinesh Phogat's petition against her disqualification at the Paris Olympics, Indian Olympic Association (IOA) confirmed on Wednesday. IOA President Dr PT Usha has expressed her shock and disappointment at the decision of the Sole Arbitrator at CAS to dismiss Phogat’s application against the United World Wrestling (UWW) and the International Olympic Committee (IOC). The Indian wrester was disqualified by the IOC for weighing 100 grams more than permissible limit moments before her gold medal bout.

Franklin Templeton is looking to enlarge its slice of the SMA pie as its models find another home with a leading fintech and TAMP provider.

Deciding between a hybrid vehicle and a plug-in hybrid vehicle comes down to three questions

Snappy Kraken, a provider of marketing technology for financial advisors, has launched Snappy Kraken Enterprise, a comprehensive growth and marketing platform designed for mid-market and enterprise-level financial services organizations, including registered investment advisors and broker-dealers.