Provident Financial News
04.04 / 06:27
Provident
Pool
Trade
stage
innovations
Department
International
Startup MahaRathi Challenge will have Rs 70 crore prize pool: Piyush Goyal
Startup Mahakumbh 2025, an event being organised by the Department for Promotion of Industry and Internal Trade (DPIIT), is hosting a series of competitions to promote innovation in in fields such as cybersecurity, AI, robotics, biotech, and more. The prize pool for the competiton, will be Rs 70 crore according to Union minister of commerce and industry Piyush Goyal on Thursday. Goyal described the Startup MahaRathi Challenge as India’s largest private-funded challenge. Goyal took to X to praise the initiative and said, “Rs 70 crore challenge money to encourage new startups!”
04.04 / 03:31
Provident
community
Healthcare
Bill
inclusion
reports
Last day of Parliament's Budget Session: Centre to push key legislations
Union Minister Arjun Ram Meghwal is expected to introduce the Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024, which aims to reserve seats for Scheduled Tribes in Goa and rescind seats in the Legislative Assembly. «The Bill for enabling reservation of seats in accordance with article 332 of the Constitution for effective democratic participation of members of Scheduled Tribes and to provide for the readjustment of seats in the Legislative Assembly of the State of Goa, in so far as such readjustment is necessitated by inclusion of certain communities in the list of the Scheduled Tribes in the State of Goa and for matters connected therewith or incidental thereto, be taken into consideration,» the legislative business reads. Additionally, Union Minister Rajiv Pratap Rudy will introduce a Bill to amend the Mental Healthcare Act, 2017, and the Mental Healthcare (Amendment) Bill, 2024. Other key presentations include the Committee on Estimates' Sixth Report on promoting climate-resilient agriculture and the Standing Committee on Housing and Urban Affairs' Fifth Report on regional rapid transit systems.
04.04 / 03:31
Provident
Progressive
CEO
Remark
community
social
innovations
Zepto CEO Piyush Goyal responds to Piyush Goyal's 'delivery boys' jibe: 'We employed 1.5 lakh people'
Piyush Goyal stirred controversy while addressing the Startup Mahakumbh 2025 in New Delhi. His remarks on India’s startup ecosystem, specifically his rhetorical question, «Are we going to be happy being delivery boys and girls? » drew mixed reactions from the entrepreneurial community. By comparing India’s startup landscape to China’s, Goyal ignited a broader debate about the country’s technological aspirations and economic growth.
03.04 / 20:32
Provident
NVIDIA
Nintendo
performer
information
Features
Videos
Nintendo Switch 2 to feature Nvidia-powered performance upgrade with DLSS and ray tracing; release set for June 5
Nvidia processor, but many details remain under wraps. The company released minimal technical information about its product, although Nvidia released explanations for how its technology drives the hybrid console-operation device.
03.04 / 18:49
COST
Provident
Target
love
country
symptoms
Jon Love: The housing crisis has a simple solution — and it doesn't involve yet another government program
We continually hear from various levels of government about the latest programs, subsidies and other plans to deal with the housing crisis, but they always target symptoms, not the cause. And the source cause of Canada’s housing issues is straightforward: excess taxation and intense regulation on construction, which limit supply and elevate cost.
03.04 / 18:39
Provident
Football
shooting
show
reports
Videos
Destinations
Mo Salah’s appearance in kit fuels contract extension speculation among Liverpool fans
Liverpool fans erupted with excitement this week when Mohamed Salah appeared with club garments and a TV production crew. Fans rapidly speculated about the situation because many believed the team might finally reveal an extended contract for Salah. The current reports show that Liverpool fans were wrong about the situation unfolding.
03.04 / 18:33
UPS
Provident
travelers
Watching planes take off & land
airport lounge provides a cocoon of relative tranquillity. Within this setting, watching planes take off and land becomes an unexpectedly blissful experience. As you sip a warm cup of coffee, the giant window before you frames a vibrant tableau of flying machines. Each takeoff is a statement of triumph — a defying act against gravity, climbing elegantly up, up and away. It stirs a sense of awe, reminding you that planes are magical things. Watching landings, on the other hand, evoke comfort and connection. The sight of a plane descending smoothly, its wheels gently kissing the tarmac, brings a sense of closure. Journeys safely ending, reunions awaiting.
03.04 / 18:33
03.04 / 18:33
Provident
Progressive
security
Analysis
Trade
stage
country
ET Analysis: India must leverage US President’s tariff flexibility clause
non-reciprocal trading arrangement. Here, India has an early mover advantage that it needs to drive home at the earliest. India is among the few countries with which the Trump Administration has already announced and progressed talks on a trade deal. It’s probably the first country to which the USTR has sent delegation to negotiate and by all accounts, the conversation is now at advanced stage. From Trump’s perspective the modification authority clause — Section 4 of the tariff order under the International Emergency Economic Powers Act – provides him with an effective bargaining chip in a trade negotiation. It allows to him raise tariffs and deploy other remedies in case a trading partner were to deploy retaliatory measures. At the same time, it gives him the power to reduce tariffs or limit the scope of duties imposed if the country aligns itself to the US on economic and security matters. Israel, which too has got hit with 17 per cent tariffs despite being among the first to officially cut duties for the US, falls in this category and is likely to benefit from this clause. As for India, a trade deal will open the doors for Trump to make that exception, counting on the overall strategic convergence between both countries across a range of national security issues including critical and sensitive technologies. More importantly, it’s not also in US interests to allow tariffs to impact cooperation in other areas like defence, space and nuclear sectors.
03.04 / 17:03
Provident
Food
voice
social
rapper
reports
Headlines
Blake Lively faces backlash from all corners amid the Justin Baldoni lawsuit; here's the latest incident
Blake Lively seems to be making headlines every now and then due to one reason or the other amid the Justin Baldoni lawsuit controversy. Blake Lively's recent visit to a Connecticut donut shop was intended to be a casual gesture of support for a friend. Instead, it sparked an online controversy. Given her ongoing lawsuit against Justin Baldoni, some believe the move was an untimely PR distraction. Although her supporters are rallying behind her intentions, the timing has caused further controversy.
03.04 / 15:53
UPS
Provident
Aviat
Airlines
Align
Bill
International
Parliament passes Aircraft Objects Bill to boost lessor protections, streamline leasing process
It empowers aircraft leasing companies to repossess planes if airlines fail to pay lease rentals. Once enacted, the bill is expected to align Indian law with international aviation standards and provide stronger protections for lessors, improving the investment climate for aircraft leasing in India.
03.04 / 15:17
markets
Provident
Fox
Manufacturing
security
President
cover
Ford launches From America, For America to offer employee-pricing plan as Donald Trump's auto tariffs go into effect
Ford has launched a discount campaign in an attempt to attract more buyers and cruise through the competition, as other vehicle manufacturers hike prices in order to cover the increased tariffs on imported cars and auto parts. The initiative was rolled out on Thursday as President Donald Trump's 25 per cent tariffs on imported cars and auto parts came into force.
03.04 / 14:27
UPS
Provident
Target
FIVE
Research
medicines
rights
How PPFAS is trying to change wealth management with simple advice
Subscribe to enjoy similar stories. MUMBAI : Parag Parikh Financial Advisory Services (PPFAS) Ltd’s flagship flexi-cap scheme has a cult following in the mutual fund space. After all, it has generated a compound annual growth rate (CAGR) of 18% since its launch in 2013.
03.04 / 11:49
03.04 / 11:49
UPS
Provident
Platform
Software
Fallout
performer
Tech Mahindra, ServiceNow partner to offer broadband solutions to CSPs
Tech Mahindra on Thursday announced its partnership with ServiceNow to offer broadband solutions tailored for Communication Service Providers (CSPs). The alliance will provide a comprehensive vertical solutions stack that will include services for planning and building networks, managing operations, enhancing customer experience, and monetising services, according to a company statement. «The partnership leverages Tech Mahindra's netOps.now platform, a pre-integrated end-to-end solution built on ServiceNow Technology, Media and Telecommunications (TMT) product suites, to unify customer care, operations, order management, and partner ecosystems for CSPs. »Additionally, the solution provides AI-driven analytics, Network-as-a-Service (NaaS), cloud-native Open Source Software (OSS) systems and intelligent automation to streamline operations and capitalise on the fast-growing 'Everything-as-a-Service' opportunity," it said.
03.04 / 11:33
03.04 / 11:33
Provident
Boeing
SpaceX
War
testing
Amazon to launch first batch of Starlink-rival satellites
Amazon is preparing to launch its first full batch of Project Kuiper satellites next week, marking a crucial milestone in the tech giant's bid to compete with Elon Musk's Starlink. The mission, named Kuiper Atlas 1, will launch 27 satellites using an Atlas V rocket from Cape Canaveral, Florida at 12:00 pm EDT (1600 GMT) on Wednesday, April 9, Amazon said. The deployment will be carried out by the United Launch Alliance (ULA) industrial group, a joint venture between Boeing and Lockheed Martin.
03.04 / 11:33
COST
Citi
Provident
WhatsApp
country
Traffic
NHAI to develop 121 km Guwahati ring road for Rs 5,729 crore
NHAI will develop a 121-km-long Guwahati Ring Road on build-operate-toll mode at a total cost of Rs 5,729 crore, an official statement said on Thursday. The statement further said the concession period of the contract is 30 years, including the construction period of four years. «Providing impetus to the project, the state government of Assam will bear 50 per cent of land cost, provide exemption from royalty on aggregates and state portion of GST contributing about Rs. 1,270 crore,» it said, adding that thus, the gross project cost is about Rs 7,000 crore. The Guwahati Ring Road project will have three sections which include 56 km long 4-lane Access-Controlled Northern Guwahati Bypass, widening of the existing 8 km bypass on NH 27 from four lanes to six lanes, and improvement of existing 58 km long bypass on NH 27. Notably, a 3 km long major bridge over river Brahmaputra will also be constructed as a part of the project. The Guwahati Ring Road will provide seamless connectivity to long-distance traffic plying on the East-West Corridor of NH-27, which is the gateway to North-East Region of the country. The development of the Ring Road will help to decongest Guwahati City and neighboring North- Eastern states by bypassing major traffic coming from West Bengal/Bihar to Silchar, Nagaland and Tripura.
03.04 / 11:21
Provident
FIVE
Here's why you may want to open PPF accounts for your spouse, children and parents
Subscribe to enjoy similar stories. If you want to get the maximum possible interest for the year in your Public Provident Fund (PPF) account, April is a crucial month. If you invest ₹1.5 lakh in PPF from 1-5 April, you are entitled to the full year’s interest, as the per-month interest is calculated on the lowest balance in the first five days of the month, and April marks the start of the financial year.
03.04 / 11:13
UPS
Provident
WhatsApp
Photos
consequences
EPFO eases claim process; cancelled cheque, bank account verification by employers not needed
At present, members of Employees' Provident Fund Organisation (EPFO), while applying for withdrawal of funds from PF accounts online, need to upload image of cheque leaf or attested photo copy of the passbook of the bank account seeded with the UAN (Universal Account Number) or PF number. The employers are also required to approve the bank account details of the applicant. The EPFO has completely dispensed with the requirement of uploading an image of a cheque leaf or attested bank passbook while filing online claims, the labour ministry said in a statement. These two steps have been done away with to ensure 'ease of living' for EPF members and 'ease of doing business' for employers. These measures will significantly streamline the process of claim settlement and reduce grievances related to claim rejections, it stated. These requirement were initially relaxed on a pilot basis for certain KYC-updated members. Since the pilot launch on May 28, 2024, the move has already benefited 1.7 crore EPF members. Following the successful pilot, EPFO has now extended this relaxation to all members, the ministry said.
03.04 / 11:13
Provident
Art
Aware
wellness
Freedom
show
peace
Breather between breathtaking and breathfulness
Between the conception And the creation Between the emotion And the response Falls the Shadow — The Hollow Men, TS Eliot “I think of my works as meditation, [samadhi],” says Trishla Jain. And it shows. Looking at her canvases, you realise two processes are at work — one, the very essence of the creative process that takes form in her paintings is on display; two, this process is reversed by an active act of immersion for the viewer who now becomes part of the creative process. In other words, we are in the Shadow zone — the breather — between conception and creation, between emotion and its response.
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