Provident Financial News
28.03 / 09:35
28.03 / 07:33
Provident
Digital
Software
Research
innovations
stars
reports
Europe has tech stars. They’re far behind the US.
Subscribe to enjoy similar stories. It wasn’t long ago—say, two months— that European governments and companies thought nothing of relying on Microsoft software for daily tasks or Amazon.com’s Amazon Web Services for data storage. Not so much anymore.
28.03 / 07:13
markets
COST
Citi
Provident
Sustainability
Destinations
Low costs can make India APAC's data centre hub
In terms of data centre construction cost, India recorded one of the highest increases in the Asia Pacific (APAC) region, rising by 5% in 2024 due to increasing land prices, power infrastructure demand, and high-spec, AI-ready facilities, said the real estate services firm. Despite this, the country remains a competitive investment destination compared with mature markets like Japan and Australia, it said.
28.03 / 05:47
Provident
Aware
cover
consequences
Department
Equality
Updates
Claimed HRA but skipped TDS on rent? The taxman wants answers
The Income Tax Department is sending notices to salaried taxpayers who claimed House Rent Allowance (HRA) but did not deduct tax at source (TDS) on rent payments in past financial years. The notices ask taxpayers to verify their HRA claims—and if incorrect, amend their tax returns before the 31 March deadline.
28.03 / 05:23
Provident
CEO
security
Diversity
performer
cover
audience
Blackstone-backed ASK Asset & Wealth Management Group receives in-principle approval from Sebi for mutual fund business
in-principle approval from the Securities and Exchange Board of India (SEBI) for its mutual fund business. The company is a leading player in the investment and wealth management space, This development marks a significant milestone in ASK’s strategic expansion, reinforcing its commitment to delivering high-quality investment solutions. The mutual fund offering will complement ASK’s existing suite of investment solutions, which cover listed equity portfolio management, alternates and wealth management, providing a broader range of opportunities for investors across segments, according to a release. Also Read | Best medium to long duration mutual funds to invest in March 2025
28.03 / 02:33
markets
IPO
Provident
Manufacturing
Platform
security
track
Rapid Fleet Management IPO listing today. Check GMP ahead of the debut
NSE SME platform on Friday. Ahead of the listing, the company's shares are having a muted GMP of Rs 0 in the grey market. This indicates a flat to negative listing at the bourses, but could change depending on the sentiments in the secondary market. The company will utilise the Rs 44 crore it raised from the public offer for purchase of vehicles, working capital requirements and general corporate purposes.
28.03 / 01:35
markets
Provident
Platform
Entertainment
country
JetSynthesys part exits Pune-based Nautilus Mobile after Krafton buys majority stake for ₹118 cr
Subscribe to enjoy similar stories. South Korean gaming giant Krafton will acquire a controlling stake in Pune-based Nautilus Mobile for ₹118 crore and the transaction is expected to give JetSynthesys a part exit.
27.03 / 20:47
Provident
Career
Gemini
love
stars
prevention
infection
Horoscope today, March 28, 2025: Financial gains for Gemini, stress and challenges await Sagittarius – Detailed predictions for all Zodiac signs on love, career, and health
Horoscope Today, March 28, 2025: Astrologers predicts a day filled with financial rewards for Gemini, while Sagittarius may encounter unexpected stress. As the stars shift, each zodiac sign is poised to experience a mix of highs and lows across love, career, and health. While Gemini can confidently explore new financial ventures, Sagittarius will need patience and resilience to navigate potential challenges. Let's explore what the universe has in store for you today.
27.03 / 20:47
Provident
FIVE
Ball
security
shooting
show
performer
Los Angeles Lakers upgrade Jordan Goodwin’s contract for two years under NBA deal; Cam Reddish waived by team
Lakers made a formal decision to remove guard Jordan Goodwin from the two-way contract system so he can now play full-time for the main roster before the playoffs begin. The Los Angeles Lakers’ decision signaled their confidence in his impact ahead of the postseason. The team dismissed forward Cam Reddish from its roster as they needed the open spot to sign guard Goodwin. The Lakers promoted Goodwin because of his significant contributions since joining the team in January, with particular strength in defense and energy.
27.03 / 18:01
Provident
WhatsApp
Cycling
country
information
International
India offered $3.73 bn loans to 6 partner countries during 2022-2025, Parliament told
Lines of Credit and Concessional Financing Scheme, through a lending bank to six partner countries during January 2022-January 2025, the Parliament was informed on Thursday. Minister of State for External Affairs Kirti Vardhan Singh said this in a written response to a query in Rajya Sabha. The Ministry of External Affairs was asked the details of foreign aid, developmental assistance, and loans provided by India to other countries between January 2022 and January 2025. «Government of India has offered new loans, under the Lines of Credit (LOCs) and Concessional Financing Scheme (CFS), through a lending bank to six partner countries during January 2022-January 2025. »The total amount of loans offered to these partner countries during the above-mentioned period stands at over USD 3.73 billion. This excludes disbursements for ongoing projects under earlier LOCs," the minister said. The MEA was also asked the details of foreign aid, developmental assistance, and loans received by India from other countries between January 2022 and January 2025.
27.03 / 16:57
UPS
Provident
Apple
Interface
President
Experts
Features
This Apple computer is nearly 50 years old – But someone paid over Rs 3 crores for it. What makes it so special?
The auction featured various rare Apple memorabilia, but the Apple-1 computer was the highlight. This specific unit, listed as #91 in the official Apple-1 registry, was rated 8.0 out of 10 for its condition. It retained its original integrated circuits with clear labeling and was meticulously restored to working order by vintage Apple expert Corey Cohen. Alongside the computer, the winning bidder also received an original user manual featuring handwritten notes referencing Apple’s founders. Bobby Livingston, Executive Vice President at RR Auction, emphasized the significance of the device, stating, “Owning an Apple-1 is more than possessing a computer; it’s a piece of history—a direct connection to the groundbreaking vision of Jobs, Wozniak, and the pioneering team that transformed the world of technology.”
27.03 / 16:57
UPS
IPO
Provident
Reuters
information
reports
What's wrong with Nvidia-backed cloud services provider? Report claims CoreWeave plans to reduce US IPO
CoreWeave plans to reduce the size of its U.S. initial public offering and price the shares below range, a person familiar with the matter told Reuters on Thursday, as per a report. The Nvidia-backed cloud services provider is now looking to sell 37.5 million shares and price them below the range at $40 apiece, the source added, requesting anonymity discussing confidential information. The sale would fetch up to $1.5 billion, Reuters reported. The listing is being closely watched as a test for the fragile U.S. IPO market and a gauge of whether investor enthusiasm for AI newcomers remains strong or is waning. CoreWeave and some existing investors had initially aimed to sell 49 million shares in the offering priced between $47 and $55 each to raise as much as $2.7 billion. The company did not immediately respond to Reuters' request for comment.
27.03 / 14:55
Provident
Digital
SEC
security
Coherent
President
Bitcoin
Big Cryptocurrency regulations coming in US as Donald Trump's Securities and Exchange Commission pick reveals key details
«A top priority of my chairmanship will be to work with my fellow Commissioners and Congress to provide a firm regulatory foundation for digital assets through a rational, coherent, and principled approach,» Atkins, who was an SEC commissioner from 2002 to 2008, said in written remarks on Wednesday. Atkins is set to testify at a Senate confirmation hearing on Thursday at a time of major change at the agency and across the federal workforce. A well-known Washington lawyer with extensive business ties, Atkins will face questions from Democrats about potential conflicts of interest and his support for deregulation. He appears unlikely to face serious obstacles to confirmation, however, according to analysts. Earlier on Tuesday, U.S. videogame retailer GameStop said it would include bitcoin as a treasury reserve asset to diversify its corporate holdings, betting on the world's biggest cryptocurrency to help turnaround its struggling primary business.
27.03 / 11:59
UPS
Provident
CEO
Platform
Strategy
AJ Bell sells Platinum SIPP and SSAS business in £25m deal
AJ Bell Platinum, its SIPP and SSAS business, has 3,600 customers with £3.2bn of assets under administration. Clients and assets are due to transfer in the second half of the year. The deal sees £18.5m transferred on completion, made up of £17.5m in cash and £1m in new InvestAcc shares, and £6.5m of deferred consideration in cash, subject to certain conditions. AJ Bell Investments AUM rises 38% as platform business hits £89.5bn AUA AJ Bell CEO Michael Summersgill said: «Our strategy is to provide easy-to-use, low-cost platform propositions using a single, scalable operating model t...
27.03 / 11:53
27.03 / 11:53
UPS
Provident
Target
Digital
students
country
Bank of Baroda goes live with PM-Vidyalaxmi Scheme
Bank of Baroda on Thursday announced that it has gone live with the new Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme to provide financial support to meritorious students. The PM-Vidyalaxmi Scheme is an initiative by the central government for students seeking financial assistance to pursue higher education and to ensure that financial constraints do not deprive the youth of India from pursuing quality higher education. Applicants can digitally apply for an education loan under the PM-Vidyalaxmi Scheme from Bank of Baroda through the PM-Vidyalaxmi portal, the public sector lender said in a release.
27.03 / 11:53
UPS
Provident
Digital
show
information
reports
prevention
Scammers pose as police, trick 78-year-old into losing Rs 13 lakh life savings in digital heist
scammers posing as police officers, who extorted Rs 13 lakh from him, reported TOI. The fraudsters falsely accused him of money laundering and threatened his arrest within two days. Ratan Singh, an English teacher at a coaching centre and resident of Pandav Nagar, described the harrowing experience in his complaint. It all started on December 19 when he received a call while preparing tea before heading to work. The caller warned that his phone number would be disconnected within two hours. The call was then transferred to someone impersonating a policeman, who handed it over to a person claiming to be a Deputy Commissioner of Police (DCP). “They created a scene that made me believe the call was legitimate. Then the torture began,” Ratan recounted, said the report. The scammers escalated the situation by telling Ratan he was implicated in a money laundering case. They claimed his property would be sealed, and he would be arrested within two days unless he complied. They instructed him to provide his bank details, including the balance in his accounts, and demanded that he transfer his money to their accounts to avoid arrest and property confiscation. According to TOI, to heighten the pressure, the scammers told Ratan he was under surveillance and asked for personal information, including his location and battery percentage. They warned him not to inform anyone, threatening to seize his house if he did. Fearing the repercussions, Ratan did not tell his wife or daughter about the calls.
27.03 / 10:37
UPS
Provident
Bill
track
country
voice
Lok Sabha passes National Disaster Management (Amendment) Bill, 2024
Disaster Management (Amendment) Bill, 2024, on Thursday which aims to improve the country's disaster management system. The Bill, which amends the Disaster Management Act of 2005, was cleared in the Rajya Sabha on Tuesday through a voice vote. The Disaster Management (Amendment) Bill makes several important changes to the existing law. The original Act set up key bodies, including the National Disaster Management Authority (NDMA) and the State Disaster Management Authority (SDMA), to manage disasters at national and state levels. These authorities have a key role in planning for and responding to disasters. However, the new Bill gives more responsibilities to these authorities.
27.03 / 08:51
Provident
Aware
Fishing
Updates
International
boating
aquatics
"Our government has inherited the problem": EAM replies on Indian fishermen detained by Sri Lanka
Indian fishermen detained in Sri Lanka during the question hour in Rajya Sabha on Thursday, External Affairs Minister S Jaishanker said that the current government inherited the situation due to events that can be traced back to 1974 and 1976. Jaishankar detailed Sri Lanka's legal framework, stating, «Sri Lanka has two laws--the Fisheries and Aquatic Resources Act of 1996 and the Fisheries Regulation of Foreign Fishing Boats of 1979. Both these acts were amended in 2018 and 2023, providing for much stiffer sentences, bigger fines, and greater detention.» He explained that many of those serving sentences are boat owners, skippers, or repeat offenders, complicating resolution efforts. He stated that the «root cause» of the ongoing issue related to the detention of Indian fishermen in Sri Lanka began in 1974 when the international maritime boundary line was drawn, followed by an exchange of letters in 1976 with Sri Lanka delineating fishing jurisdiction. «The house is aware that, in a way, our government has inherited the problem. This problem began in 1974 when the international maritime boundary line was drawn, followed by an exchange of letters in 1976 delineating fishing jurisdiction. These decisions are the root cause of the situation,» EAM said while replying to the question raised by DMK MP Tiruchi Siva.
27.03 / 08:27
Provident
WhatsApp
show
information
reports
Adani starts getting regular payments from Bangladesh, restores power supply
Indian billionaire Gautam Adani’s power generation unit resumed full electricity supply to the nation, four months after halving the feed over unpaid dues. “We’re making regular payments to Adani and receiving power as per our requirements,” Rezaul Karim, chairman of Bangladesh Power Development Board, said on Thursday. He didn’t specify the quantum of payments and whether past arrears have been cleared. Data from BPDB shows Adani increased power supply more than two weeks ago.
27.03 / 06:53
UPS
Provident
Waters
Cycling
testing
IITian-nutrionist warns: Your morning bed tea habit could be making you fat and insulin resistant
bed tea. This long-standing tradition is more than just a habit—it’s a source of comfort, a morning ritual that signals the start of the day. However, IIT- IIT-biochemist and nutritionist Manish Bhagwani warns that this habit might be doing more harm than good, especially for those struggling with insulin resistance and metabolic health. According to Bhagwani, the human body naturally prepares for the day by increasing cortisol levels before waking up. This surge elevates blood glucose, triggering a small release of insulin to provide energy for the morning ahead. While this is a normal process, the problem arises when individuals already have insulin resistance—something that affects more than 50% of urban Indians today. In such cases, the natural morning insulin spike is much higher, further complicating metabolic health.
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