Provident Financial News
09.03 / 09:29
markets
UPS
Provident
Experts
prevention
strain
India's shift from institutional to family-based childcare gaining force despite challenges
But those who stay behind are left in the care of grandparents or older siblings, often facing emotional strain and the burden of household responsibilities. For both groups, the consequences are stark: disrupted education, limited access to healthcare, and exposure to child labour and early marriage.
09.03 / 07:55
markets
UPS
Provident
Manufacturing
Food
prevention
USFDA pulls up Granules India for lapses in maintaining storage facilities, equipment at Telangana plant
Granules India for failing to maintain buildings for drug storage and avoiding adequate procedures regarding cleaning and maintenance of equipment at its Telangana-based formulations plant. In a warning letter to the company's Chairman and Managing Director Krishna Prasad Chigurupati, the US Food and Drug Administration (USFDA) stated that the company failed to establish and follow adequate written procedures for maintaining equipment at the Medchal-Malkajgiri-based manufacturing facility. The USFDA inspected the facility from August 26 to September 6, 2024. «Our investigators observed significant contamination in multiple ducts of non-dedicated use in the preparation of finished drug products manufactured at your facility,» the USFDA stated.
09.03 / 06:33
markets
Provident
Platform
security
economy
social
Want Budget benefits? Gig workers must do this now
Ministry of Labour and Employment has called on platform workers to register on the e-Shram portal to access benefits announced in the Union Budget 2025-26. A gig worker is someone who takes on short-term jobs, often for multiple service providers or aggregators. Recognising their contribution to the economy, the government has introduced measures to support them, including online registration, identity cards, and healthcare coverage under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). The AB-PMJAY scheme offers ₹5 lakh per family per year for secondary and tertiary care hospitalisation at over 31,000 public and private empanelled hospitals across India.
09.03 / 06:23
Provident
Strategy
WhatsApp
country
Features
Bank of Baroda launches first savings account for women NRIs
Bank of Baroda has launched a specialised savings account for women NRIs, becoming the first Indian public sector bank to offer such a product. The BoB Global Women NRE & NRO Savings Account provides benefits including concessional rates on home and auto loans, reduced processing fees, full waivers on locker rent, and a customised debit card with complimentary airport lounge access. The account also comes with free personal and air accident insurance coverage. Beena Vaheed, executive director at Bank of Baroda, said the bank aims to cater to the changing needs of global Indian women. «The bob Global Women NRE & NRO Savings Account recognises the changing dynamics of today’s global Indian women and is designed to empower them,» she said. In addition to the women-centric offering, the bank has upgraded its bob Premium NRE & NRO Savings Account. The enhanced account features a debit card with higher transaction limits, free airport lounge access, free safe deposit locker, and concessional loan rates.
09.03 / 05:59
Citi
Provident
Target
Fighting
War
Battlefield
The America-sized hole in Ukraine’s war effort
Subscribe to enjoy similar stories. The Russian army was advancing relentlessly in northeastern Ukraine in the summer of 2022 when the U.S. tipped the scales with new weapons and crucial battlefield intelligence.
09.03 / 05:45
markets
Provident
Food
Myanmar
Refugees
International
Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Bangladesh — Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact the nutrition of more than 1 million refugees and create «social and mental pressure.» President Donald Trump abruptly stopped most foreign aid and dismantled the U.S. Agency for International Development, which has significantly hampered the global humanitarian sector. Trump's Jan. 20 executive order froze the funding for a 90-day review. The World Food Program, the main U.N. food agency, recently announced that cuts to food rations will take effect from April 1 in Cox's Bazar, Bangladesh, where dozens of camps are inhabited by Rohingya refugees.
09.03 / 04:53
markets
Citi
Provident
Digital
RAI
Updates
NEET 2025 application form correction: NTA to open window on March 9, check last date, how to edit and what can be edited
NEET 2025 application on March 9. Candidates can make changes in selected fields and document uploads. The window will be open till March 11, 11:50 pm. The application process had begun on February 7 and had closed on March7, 11:50 pm. In an instance where the application is reopened, the correction window wil also be reopened. The agency has announced the NEET application correction dates in advance for the first time.
09.03 / 04:53
Provident
Google
Inside
social
exclusive
Features
Videos
Nap room, message chairs, micro kitchen: Designer gives a sneak peek at the enviable amenities at Google's Gurgaon office
Recently, a woman provided her social media audience with an exclusive inside look at Google’s Gurgaon, India, office, and her video quickly gained immense popularity.
09.03 / 04:45
markets
UPS
Provident
FIVE
wellness
performer
International
KFin Tech stock crashes 50% but retains its premium over CAMS. What’s next?
Subscribe to enjoy similar stories. KFin Technology is a leading registrar and transfer agent (RTA) in India's mutual fund industry, operating in a duopoly market. Its business is cyclical as it depends on the capital market's performance.
09.03 / 01:01
markets
COST
Provident
FIVE
Mobile
Experts
5G’s cosmic ring: Unlocking global connectivity with non-terrestrial networks
NTN) along with terrestrial 5G has the potential to revolutionise the telecom industry by creating a seamless network, unlocking new revenue streams for telcos, according to experts. They added that the integration of NTN with terrestrial 5G could enable remote data services and maritime communications and will allow telecom service players to offer more reliable and high-quality services, ranging from ultra-low latency applications to high-bandwidth services. Unlike traditional mobile towers that beam signals to mobile phones, the 5G NTN standard leverages satellites in orbit to transmit connectivity, including data, to handsets on earth. NTN is now a part of 3GPP Release-19 specifications for 5G. 3GPP is a global body which specifies telecommunications standards that are followed by telcos, chipmakers and handset providers.
08.03 / 14:25
markets
Citi
Provident
Aware
Sustainability
RAI
track
Digantara commissions commercial space surveillance satellite, SCOT
Digantara commissioned the world’s first commercial space-based space surveillance satellite, SCOT (space camera for object tracking), on Saturday. Launched aboard SpaceX’s Transporter-12 mission on January 14, SCOT aims to safeguard and manage Earth’s orbits. The satellite was successfully commissioned, achieving first light on Saturday. SCOT captured its inaugural image of the city of Buenos Aires while passing over South America. On January 17, Prime Minister Narendra Modi had said on X, “Kudos to Indian Space startup Digantara on the success of Mission SCOT. This is an important contribution of the growing Indian Space industry towards enhancing Space situational awareness.”
08.03 / 13:37
markets
Provident
Puzzle
RAI
testing
rights
NYT Mini Crossword March 8, 2025: Hints and answers to solve the Saturday brain teaser
Unlike the full-sized crossword, which requires a subscription, The Mini provides a bite-sized test of wit and vocabulary that many eagerly anticipate each day. For those tackling today’s edition on Saturday, March 8, 2025, here is a comprehensive breakdown of the hints and solutions to help you along the way.
08.03 / 11:23
markets
Provident
Citizens
Mobile
Election
reports
International
Delhi CM approves Rs 2500 monthly aid in cabinet: How women can apply for it, documents required; check details
Also read: Maiya Samman Yojana: Rs 2,500 to be credited in only these women's accounts; check date and eligibility Delhi chief minister Rekha Gupta, while making the announcement on Women's Day, said, «Today is Women's Day. We had our cabinet meeting today, and our cabinet has approved the scheme — the promise that we made during the Delhi elections to provide Rs 2500 to the women. We made a provision of Rs 5100 crores in the Delhi budget for the implementation of the scheme. We have formed the committee, which will be led by me and the registration for the scheme will begin soon — a portal will be launched soon,» as per The Times of India report.
08.03 / 09:25
markets
Provident
Cooper
community
President
International
Muslim nations adopt Arab alternative to Trump's Gaza plan
Organisation of Islamic Cooperation formally adopted early Saturday an Arab League counter-proposal to US President Donald Trump's plan to take over Gaza and displace its residents, calling on the international community to support the regional initiative. The decision by the 57-member grouping came at an emergency meeting in Jeddah, Saudi Arabia, three days after the Arab League ratified the plan at a summit in Cairo. The Egyptian-crafted alternative to Trump's widely condemned takeover proposes to rebuild the Gaza Strip under the future administration of the Palestinian Authority.
08.03 / 07:33
markets
Provident
Action
Airlines
economy
Parke
International
Denied wheelchair by Air India, elderly woman falls down at Delhi airport, lands in ICU
Indira Gandhi International Airport. The elderly passenger, the widow of a decorated Lieutenant General, had pre-booked a wheelchair with Air India for her Delhi-to-Bengaluru flight on 4th March. But when she arrived at Terminal 3, no wheelchair was provided despite repeated requests. Her granddaughter, Paraul Kanwar, recounted the ordeal in a viral post on X (formerly Twitter). “We tried for almost an hour, requesting airline staff, the airport help desk, even alternate airline staff from IndiGo (who had a free wheelchair but refused to share).” With no help in sight, the frail woman attempted to walk across three parking lanes with the support of a family member. But exhaustion took its toll. Near the Air India premium economy counter, her legs gave way. She collapsed.
08.03 / 06:31
markets
COST
Provident
Election
RAI
Schools
Where will funds come from? Congress leader Sandeep Dikshit questions BJP's financial aid scheme in Delhi
Sandeep Dikshit on Saturday questioned the implementation of the BJP's financial aid scheme of providing Rs 2,500 per month to women in Delhi and said that the scheme compromises 60 per cent of the national capital's budget. «If they fulfil that promise, we will welcome it. However, there is only one question: Where will the funds for this come from? The BJP had said that every woman above the age of 18 would be given this honour. If we go by the Election Commission's data, there were approximately 72 lakh female voters in Delhi. The total cost for this comes to around Rs 21,600 crore. Now, considering the entire development budget is 37,000 crore, which includes hospitals, schools, and subsidies, how can you allocate around 60 percent of the budget to just one scheme?» Dikshit told ANI. «I hope that the money spent by the Delhi government will not compromise development,» the Congress leader said.
08.03 / 06:19
markets
COST
Provident
Election
RAI
Schools
'Where will funds come from': Sandeep Dikshit questions BJP's financial aid scheme in Delhi
Sandeep Dikshit on Saturday questioned the implementation of the BJP's financial aid scheme of providing Rs 2,500 per month to women in Delhi and said that the scheme compromises 60 per cent of the national capital's budget. «If they fulfil that promise, we will welcome it. However, there is only one question: Where will the funds for this come from? The BJP had said that every woman above the age of 18 would be given this honour. If we go by the Election Commission's data, there were approximately 72 lakh female voters in Delhi. The total cost for this comes to around Rs 21,600 crore. Now, considering the entire development budget is 37,000 crore, which includes hospitals, schools, and subsidies, how can you allocate around 60 percent of the budget to just one scheme?» Dikshit told ANI. «I hope that the money spent by the Delhi government will not compromise development,» the Congress leader said.
08.03 / 05:35
Provident
Strategy
Analysis
trends
Trade
Experts
rights
Gensol promoters sell 2.37% stake after 70% drop in shares, to consider stock split
Gensol Engineering’s promoters announced on Friday that they have sold 2.37% of the total equity in the company, amounting to 9 lakh shares, to ‘unlock liquidity and reinvest in the business.’ This move comes after the stock plunged 70% over the last eight trading sessions. In a separate filing, the board also disclosed plans to consider a stock split and explore fundraising options, including equity issuance, foreign currency convertible bonds, and other financial instruments, during its upcoming board meeting on March 13.
07.03 / 22:25
COST
Provident
CRA
security
wellness
reports
CRA hits taxpayer with hefty 'foreign property' penalty over Swiss bank account
As you begin to prepare your 2024 tax return in the days ahead, you should pay close attention to a seemingly innocuous question on page 2 of the return. The question asks whether you owned or held “specified foreign property” where the total cost amount of all such property, at any time in 2024, was more than $100,000. If the answer is yes, the return instructs you to complete Form T1135, Foreign Income Verification Statement.
07.03 / 15:39
07.03 / 11:55
markets
Provident
security
social
Updates
International
Ladki Bahin Yojana: Eligible women beneficiaries to receive 8th, 9th instalments of Rs 3000 ahead of International Women's day
Ladki Bahin Yojana are eagerly waiting to receive the next instalment. Ahead of International Women's Day 2025, the Maharashtra government has announced that it will deposit the pending instalments in the bank accounts of 2.52 crore eligible women. Also read: Maiya Samman Yojana: Rs 2,500 to be credited in only these women's accounts; check date and eligibility Maharashtra Women and Child Welfare Minister Aditi Tatkare shared the update, emphasizing the scheme's goal of empowering women through financial assistance. The 8th and 9th instalments for February and March will amount to a total honorarium of Rs 3,000 (Rs 1500 + Rs 1500), as per the social media post. As per the official statement, these funds will be credited by March 7, 2025.
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