Provident Financial News

24.05 / 13:47
COST Provident Aware wellness show reports Why HR managers could open the door to new business for advisors
There’s rarely been a better time for financial advisors to work with employers to provide support to the millions of workers who need help with their money management.
24.05 / 13:33
UPS Provident Opinion Cycling performer Features rights Best treadmill brands: Choose from our selection of top 8 models for improved well-being and health
1. Lifelong FitPro The Lifelong FitPro LLTM09 is a versatile motorised treadmill designed for home use, featuring a 2.5 HP peak motor and manual incline.
24.05 / 13:33
Provident Digital Enterprise innovations rights Companies' AI adoption will hinge on safety standards: Deepak Sharma of Suryoday Small Finance Bank
Suryoday Small Finance Bank, said at Mint Digital Innovation Summit on Friday.Speaking about the implementation of AI and generative AI services responsibly in the all-important banking and financial services industry, Sharma said the adoption of standards for AI will define benchmarks for the quality of datasets, transparent audits of these datasets, referencing of data and, most importantly, building an understanding of AI models for the right implementation.“There are key themes when one is looking at mass adoption of AI, including whether the data is voluminous enough. If the answers to such questions is yes, you’ll have a checklist to move ahead in AI adoption. Be it AI or generative AI, they can only do as much as is provided.
24.05 / 13:15
markets Blockchain Provident Digital Platform security social Investing in the Metaverse: Is It Worth It?
The concept of the Metaverse has gained significant attention in recent times, prompting many to consider its investment prospects.
24.05 / 11:37
COST UPS Provident Sustainability community country innovations How rooftop solar is reshaping energy consumption
India, a country full of vitality and aspirations, is experiencing a quiet but potent revolution on its rooftops. The development of solar technology is not merely changing the country’s skyline, but also reshaping its energy consumption patterns fundamentally. Solar power is starting to emerge as a sign of sustainable development and energy independence, even in the most isolated villages and busy metropolises. Rooftop Revolution A quiet transformation is taking place on the rooftops of India's vast urban areas. An increasing number of individuals, businesses, and industries are opting for solar energy to meet their energy requirements in an eco-friendly manner. Rooftop solar systems decrease the dependency on fossil fuels by managing energy production with sunlight resulting in reduced carbon emissions. Rooftop solar has gained immense popularity among residential and commercial users. As per the Ministry of New and Renewable Energy, India has achieved 5th rank globally in solar power deployment. As of 30-06-2023, solar projects of a capacity of 70.10 GW have been commissioned in the country. This capacity of 70.10 GW includes 57.22 GW from ground-mounted solar projects, 10.37 GW from rooftop solar projects, and 2.51 GW from off-grid solar projects. Government incentives like the Solar Rooftop Subsidy Scheme, laws on net energy metering*, and endless endeavours to lower the cost of solar panels with continuous technological advancements made rooftop solar more cost-effective than in the past.
24.05 / 11:23
UPS Provident Opinion show performer Features Best Durafit treadmill: Top 6 options for every fitness enthusiast to elevate home workout
What buyers are saying on Amazon?Buyers on Amazon appreciate the treadmill's quality, value, and service, highlighting its ease of assembly and installation. However, some criticize its performance and noise levels.Why choose this product?Choose this treadmill for its quality, value, ease of assembly, and excellent customer service.The Durafit Panther Multifunction Treadmill is designed for home use, featuring a powerful 5.5 HP peak DC motor and a maximum speed of 18 km/h.
24.05 / 10:19
COST Provident Extreme Aware wellness Updates What are subprime personal loans and how to apply for them? MintGenie explains
personal loans cater to borrowers with lower credit scores, typically below 620, who may face challenges in qualifying for conventional bank loans. These loans carry elevated interest rates, intended to offset the heightened risk of borrower default for the lenders.These lenders prioritise a borrower’s repayment capacity, a departure from traditional lenders who heavily rely on credit scores as a measure of creditworthiness.
24.05 / 10:19
Provident FIVE Election stars reports Courts Updates 'Hands-off approach' needed: SC refuses to direct EC to upload voter turnout data amid Lok Sabha elections
Also Read:Lok Sabha Elections 2024: 60% updated voter turnout in phase 5 polling, slightly less than 2019The court stated that it cannot issue any such directions at the moment as five phases of polling have concluded and two remain and it would be difficult for the poll panel to mobilise manpower.The apex court also adjourned the interlocutory application (IA) filed by the Association for Democratic Reforms (ADR) to be listed before the regular bench after the elections, reported PTI.The court pointed out that prima facie it appears the prayers in the application are similar to the main petition pending since 2019 on the issue."This (IA) has to be taken with the pending writ petition because in between the elections, a hands-off approach has to be adopted," the court said."Granting any relief in IA will amount to granting relief in the main petition which is pending," PTI reported quoting the bench.Also Read: 'Could be exploited…': ECI opposes release of booth-wise voter turnout data, files affidavit in Supreme CourtIt said it needs to understand the ground reality and not overburden the poll panel by changing the process midway.The ADR has filed an interim application in its 2019 PIL seeking directions to the poll panel that "scanned legible copies of Form 17C Part-I (Account of Votes Recorded)" of all polling stations be uploaded immediately after the polls.On May 17, the top court had sought within a week the Election Commission's response on the NGO's plea seeking a direction to upload polling station-wise voter turnout data on its website within 48 hours of the conclusion of polling for each phase of the Lok Sabha elections.Also Read: 'Correct star campaigners' discourses': EC raps Congress and BJP, asks them to
24.05 / 09:53
markets UPS Provident Platform Adobe Research US-based Pienza Ventures to offer accelerator initiative for SAAS-based Indian B2B startups
Pienza Ventures is betting big on SAAS-based B2B Indian start-ups with an initial $5 million booty and a unique accelerator programme to facilitate market access to the US, which hosts the world’s largest start-up ecosystem and VC activity.Founded by Aaron Bird and backed by Version One Capital, MHS Ventures and Cercano Management, Pienza is setting up an office in Bengaluru to drive its aggregator programme to identify and steer fresh entrepreneurial ventures, its partner and angel investor Jofin Joseph told Livemint.Aaron, a super-angel with 70-plus angel investments, founded Bizible, which was acquired by Marketo in 2018. Later Marketo itself was acquired by Adobe.
24.05 / 08:55
Provident security Trade reports travelers Courts Updates Delhi High Court orders BharatPe Co-founder Ashneer Grover, wife to provide ₹80 crore security for US travel
₹80 crores before travelling to the United States. They must furnish the security by way of property and submit their Emirates Card to ensure they do not travel to the United Arab Emirates (UAE), as they hold “golden visas," as per Hindustan Times report.Also Read | Mahindra & Mahindra Financial Services share price Today Live Updates: Mahindra & Mahindra Financial Services Stock Up in Trading TodayThe court has allowed the couple to travel separately to the US for their children's summer school after consulting with the Economic Offences Wing regarding their travel conditions.Also Read | Tech Mahindra share price Today Live Updates: Tech Mahindra Stock Falls Amid Market VolatilityAccording to the Hindustan Times report, they must share details of their stay, including hotel accommodations, travel plans, and phone numbers, with the court and the investigating agencies.According to the court's schedule, Ashneer Grover will leave for the US on May 26 and return to India on June 14, while Madhuri Jain Grover will travel to the US on June 15 and return to India on July 1, as per the report in HT.Also Read | Apollo Tyres share price Today Live Updates: Apollo Tyres Stock Plummets in Trading TodayAdditionally, the court has directed the couple not to create any third-party rights on the shares of BharatPe that they hold.
24.05 / 07:31
markets UPS Provident Digital Trade track How to invest in corporate bonds in India?
interest rate hikes, ever! The immediate impact? Bonds lost in double digits. The returns they made in over a year were wiped out in a span of weeks. For instance, the Total Bond index, which tracks the US investment grade bonds, marked 2022 as its worst year on record going back 250 years.
24.05 / 05:49
Provident Career security Align students reports Headlines Over 8,000 IITians couldn't get jobs in 2024 campus placement drive, pay scale dipping below ₹10 lakh: Report
salary package upon completing their engineering degree. The latest report revealed 8,000 IITians have not found a job through campus placement this year.In a LinkedIn post, IIT Kanpur alumnus and placements mentor Dheeraj Singh shared three years' placement data based on 23 RTIs (Right to Information), annual reports, media reports, and student insights. In 2024, 21,500 were registered at IITs, of which 13,410 were placed while 8,090 were yet to find jobs.The number of unplaced students almost doubled this year as compared to 2023.
24.05 / 04:49
COST Provident security wellness Healthcare cover Pregnancy Why should you consider maternity insurance before starting a family? Here are 5 key reasons
The increasing expenses associated with childbirth in India are fueling a greater interest inhealth insurance policies that include maternity coverage. It is essential to explore the real-life challenges of starting a family, emphasising the necessity for thorough preparation. Maternity insurance emerges as a cornerstone in this readiness, offering essential support for the well-being and financial stability of both mothers-to-be and their babies.
24.05 / 04:37
markets COST Provident security Experts rights With guaranteed returns, do FDs offer a good investment bet to investors? Experts answer
Fixed deposits (FDs) are often seen as an epitome of financial security. You put your money in, and after a fixed period, you get it back with interest added to it. Sounds foolproof, right? However, there is an advantage of safety but the returns are not ‘high’ in the true sense of the word.
24.05 / 04:37
markets IPO Provident security Enterprise wellness recommendations Awfis Space Solutions IPO Day 3: Check latest GMP, subscription status. Should you apply?
₹598.93 crore from the issue. The bidding for Awfis Space Solutions IPO commenced on May 22 and will conclude on May 27.Awfis Space Solutions is the largest flexible workspace solutions company in India as of 9MFY24 providing solutions to small and medium enterprises (SMEs), based on the total number of centers.Let us check Awfis Space Solutions IPO GMP today, subscription status and review.Awfis Space Solutions IPO GMP today, or grey market premium today, is ₹100 per share, as per stock market observers.
24.05 / 02:47
Provident Assurant Investigations Maharashtra news: 7 died in Thane's boiler blast incident, CM Eknath Shinde orders probe
ANI.Maharashtra Chief Minister Eknath Shinde ordered a high-level inquiry into the Dombivali boiler blast incident. He also announced a compensation of ₹5 lakh each to the kin of the deceased while assuring that the government would take care of the treatment of the injured."A high-level enquiry will be conducted and an investigation will be carried out against the accused. No one will be spared.
24.05 / 02:47
markets Provident CEO Strategy Enterprise President Relationships HPE's Communications Technology Group to transition to HCLTech in $225 Million deal
Hewlett Packard Enterprise’s (HPE) Communications Technology Group (CTG) for $225 million, approximately ₹1,874 crore, in an all-cash transaction, as per an exchange filing.According to a joint statement from the companies, around 1,500 employees and 700 contractors experienced in telecom engineering services across various countries—such as Spain, Italy, India, Japan, China, the Americas, and the APAC region—will transition to HCLTech as part of the agreement.HCLTech stated in a regulatory filing that the deal involves the “purchase of certain assets (CSS) of Communications Technology Group, a business division of Hewlett Packard Enterprise Company". CSS delivers engineering services to leading global Communications Service Providers (CSPs) leveraging its intellectual properties in a global delivery model" with a total purchase price of $225 million.This acquisition will bolster HCL Technologies' position in the telecom sector by enhancing its engineering services and utilizing CSS' intellectual property, solutions, and talent at prominent CSPs across Europe, Japan, the Americas, and the APAC region, including 20 of the top 30 CSPs worldwide.HCLTech CEO and Managing Director C Vijayakumar said, "With this transaction and our planned strategic partnership with HPE, we are strengthening our telecom practice to address the rapidly expanding and transforming global telecom market.
24.05 / 02:21
markets Citi Provident Ripple security Trade diving US stock changes push FX trades into Asia's 'twilight zone'
settlement window next week is expected to upend trading for Asian money managers, pushing some to secure funds in the early hours of their mornings when currency markets are at their thinnest and most jumpy. From May 28, investors from Singapore, Tokyo or Seoul who buy U.S. shares during the Wall Street day will have just 24 hours to validate their trades and convert their funds into dollars to complete the deals, down from two days previously.
24.05 / 02:21
Citi Provident Target Booking Fighting President Seven dead in Russian strikes on Kharkiv as Kyiv pleads for weapons
Kharkiv with missiles on Thursday, killing seven people in a printing house, as President Volodymyr Zelenskiy called out his western allies for not providing enough military support to rebuff Russian attacks. Moscow's forces have hammered the northeastern city for months and launched a ground assault into the north of the surrounding region on May 10, an offensive that Kyiv says has stalled on two lines of attack for now. Authorities said Russia fired about 15 missiles at the city and the nearby town of Liubotyn, targeting mostly transport infrastructure and a large printing house in Kharkiv where around 50 people were located at the time of the strike.
24.05 / 01:31
COST Provident Extreme Gap President Experts Schools Steep H-1B fee hike to burn a big hole in IT companies pockets
visa fees could make doing business extremely difficult for Indian IT service providers and make a significant dent on their pockets. The Indian IT industry relies on H-1B visas to take tens of thousands of highly skilled workers to the US for specialty occupations as such professionals are in short supply there.

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