Provident Financial News
07.03 / 11:55
markets
COST
Provident
Sustainability
trends
Experts
performer
How data is transforming EV battery health monitoring
electric vehicle revolution is not just about sleek designs and impressive range figures—it's about ensuring that battery systems remain safe, efficient, and long-lasting. This can be done by leveraging advanced machine learning (ML) and statistical models, built on real-world battery data, to predict state-of-health (SoH) and state-of-charge (SoC), deliver timely alerts, and optimize battery performance.
07.03 / 09:29
UPS
Provident
Digital
Aware
security
country
inclusion
To boost financial inclusion, govt looks to double digital banking units, expand their offerings
Subscribe to enjoy similar stories. The union government proposes to expand the network of digital banking units (DBU) across the country by nearly doubling their number to around 200 in just over a year.
07.03 / 08:37
markets
UPS
Provident
CEO
Strategy
innovations
2020
Honda risks becoming a third wheel in India with its new electric scooter strategy
Subscribe to enjoy similar stories. For the world’s carmakers, the inexorable rise of Chinese electric vehicle-maker BYD and its local rivals in recent years has been a brutal lesson in disruptive innovation. China, a market that was once core to their global growth plans, has become a wasteland for their petrol-powered lineups as electric vehicles (EVs) grew from 6.2% of sales in 2020 to 45% last year.
07.03 / 08:25
markets
UPS
Provident
FIVE
consequences
When do you have to register for GST as a professional landlord?
Are you a landlord who earns rental income from commercial properties? If your earnings cross a certain threshold a year, you may have to register for the Goods and Services Tax (GST) and start charging tax on rent.
07.03 / 08:19
markets
Provident
students
Schools
Colleges
Nobel laureate Malala Yousafzai visits her hometown in Pakistan for the first time since 2012 Taliban attack
Nobel laureate and education activist Malala Yousafzai has returned to her hometown of Barkana in Swat’s Shangla district for the first time in thirteen years. This visit carried deep significance, marking her first trip since she survived an assassination attempt by the Taliban in 2012. Accompanied by her father, Ziauddin Yousafzai, and her husband, Asser Malik, Malala arrived in Barkana Shahpur by helicopter for a brief but meaningful visit. Her journey was not just personal but also a reaffirmation of her commitment to education and advocacy.
07.03 / 08:19
markets
Provident
Gap
Analysis
Trade
reports
rights
Regulatory norms on F&O should evolve based on continuous market feedback: Sundararaman Ramamurthy
«Also, risks do not materialise only in weekend. It happens every day. If there is a product to attract global risks on Monday, then if there is something materialising in between, it is a meaningful gap there should be another product,» says Sundararaman Ramamurthy, MD & CEO, BSE. What are the potential risks to the market ecosystem when there is a concentration of trading activity on a single expiry day? Sundararaman Ramamurthy: The regulator gave the option for selecting one expiry day by the exchanges. The regulators absolutely, of course, would have applied their mind for giving this option. NSE opted to continue for Thursday. Based on market feedback, we shifted it to Tuesday. Market feedback had a rationale for it. When you have a common expiry, an existing mature product trades more and no other product can enter in.
07.03 / 08:19
markets
Provident
Platform
country
innovations
Department
Explained: IndiaAI compute portal, AIKosha and other initiatives under the IndiaAI Mission
announced a slew of new initiatives under the IndiaAI Mission on Thursday, celebrating the programme's first year of promoting artificial intelligence (AI) access and innovation. Key launches included the IndiaAI compute portal and the AIKosha dataset platform. Here's a deeper look at the initiatives announced by the minister.
07.03 / 07:47
Provident
Parke
Actor
War
country
peace
Why Ukraine’s allies are divided over using $300 billion in Russian assets
Subscribe to enjoy similar stories. Days after Russia began its full-scale invasion of Ukraine, Kyiv’s allies united to deploy a weapon against the Kremlin: freezing Russia’s overseas assets. The question of what to do with the $300 billion in frozen funds has divided European countries ever since.
07.03 / 07:47
Provident
Man
Action
Remark
voice
social
cricket
Pakistani cricket icon Mohammad Hafeez gets slammed by Indian netizens after pics of his meeting with banned preacher Zakir Naik go viral
Zakir Naik, a polarizing Islamic preacher who is facing legal action in India over allegations of financial misconduct and promoting radical ideologies through inflammatory speeches. Hafeez went a step further by uploading images from their encounter on social media, a move that sparked widespread criticism and disappointment among netizens. As soon as the images surfaced online, social media users expressed strong disapproval. One individual, voicing their frustration, sarcastically remarked, «No surprise that your cricket is in shambles.» Another person provided a more pointed critique, highlighting the broader implications of Hafeez’s association with Naik. «This is exactly why the Indian cricket team and government are reluctant to visit Pakistan,» they commented. «The man in your picture is a fugitive wanted by Indian law enforcement.» Despite the backlash, Hafeez had shared the pictures with enthusiasm, captioning them with, «It was a pleasure meeting Zakir Naik.» In one image, Hafeez is seen standing beside Naik, dressed in a traditional brown kurta pajama. Another photograph captures them seated at a restaurant, with Hafeez appearing in a casual T-shirt. However, rather than receiving positive engagement, the post ignited a wave of online outrage.
07.03 / 07:47
markets
Provident
FIVE
Manufacturing
Healthcare
KPI
hospital
Betting on the future: Five high-growth stocks poised for long-term success
Subscribe to enjoy similar stories. Investors on the hunt for high-growth opportunities know that picking the right stocks is more than just chasing short-term gains—it's about identifying businesses with strong fundamentals, industry tailwinds, and the ability to scale over time. As India’s economy surges toward the $5 trillion mark, key sectors like renewable energy, healthcare, digital infrastructure, and technology are presenting massive wealth-creation opportunities.
07.03 / 07:47
markets
Provident
Metro
Discover
War
track
travelers
Paris train services disrupted after WWII bomb unearthed near Gare du Nord station
World War II bomb discovered near the tracks at Paris’ Gare du Nord train station on Friday morning disrupted travel for thousands of commuters. The unexploded ordnance affected metro, national, and international rail services, including Eurostar trains. French railway company TER confirmed the discovery in a statement on social media platform X. “An unexploded bomb from the Second World War was discovered near the tracks,” TER stated. Furthermore, all Eurostar trains to London have been halted following the bomb's discovery in Paris, as reported by AP.
07.03 / 06:31
markets
Provident
Citizens
President
Celebrity
country
Warning sign for immigrants? Official English hits different coming from Trump's White House
Trump’s recent declaration of English as the official language of the US may seem relatively benign. Most residents already speak English and most immigrants are eager to learn it. Under most presidents, such a directive might have been largely symbolic. After all, 32 states already have English as their official language. But Trump isn’t most presidents. He has demonized immigrants for more than a decade, making them the scapegoats for nearly every societal ill. In his first term he complained that too many of them came from “[expletive] countries.” At a campaign event last March, he decried those who speak languages “that nobody in this country has ever heard of. It’s a very horrible thing.” In his address to Congress this week, he touted his new executive order and accused legal immigration of resulting in “beautiful towns destroyed.”
07.03 / 02:17
markets
COST
ETH
Provident
Digital
Bitcoin
Bitcoin sinks after Trump’s executive order disappoints market
strategic Bitcoin reserve and a stockpile of other digital assets, according to a post on X by White House crypto czar David Sacks. Bitcoin and other tokens fell as Sacks said that taxpayer money would not be spent to acquire cryptocurrencies for either.
07.03 / 02:17
markets
Provident
Platform
NVIDIA
President
Department
Investigations
US Labor Department investigating Nvidia, Amazon-backed startup Scale AI
Scale AI, a data labeling startup backed by tech giants Nvidia, Amazon and Meta, for its compliance with the Fair Labor Standards Act, the California-based firm said on Thursday. The investigation is looking into Scale AI's compliance with fair pay practices and working conditions and was initiated nearly an year ago under the former President Joe Biden's administration, the company said. The startup said over the last year it has worked with the department to explain its business model and the emerging artificial intelligence industry.
07.03 / 01:15
UPS
Provident
security
Mobile
show
information
Jaggi-led Gensol's debt woes much bigger than thought
Subscribe to enjoy similar stories. Mumbai: The debt troubles of Gensol Engineering Ltd, whose loans were downgraded to default by two rating agencies this week, are more pronounced than initially thought. Mint has learnt that Ahmedabad-based solar plant construction company has delayed repayments to one of its largest lenders, the Indian Renewable Energy Development Agency (Ireda), by up to two months.
06.03 / 23:33
Provident
Digital
CEO
coinbase
Election
President
Bitcoin
Trump To Hold Crypto Summit Friday—What You Need To Know
President Trump plans to host cryptocurrency executives at the White House on Friday, a crypto summit that could offer new insight into the administration’s agenda regarding digital assets.
06.03 / 20:01
markets
Provident
Digital
Experts
RAI
performer
Vikings extend contract for Theo Jackson amid uncertain futures for Bynum and Smith
Minnesota Vikings started their off-season activities with a safety, Theo Jackson, who received a two-year agreement valued at $12.615 million. Jackson participated in every Vikings game the past season before his pending restricted free agent status. The Vikings invested in extending Jackson’s contract despite his primary role as a special teamer because they foresee him taking on defense responsibilities in the future.
06.03 / 16:35
markets
IPO
Provident
CEO
Enterprise
wellness
Diversity
With NCLT nod in place, business services provider Quess to list new firms on exchanges in two months
Quess Corp will list its two new entities Bluspring Enterprises and Digitide Solutions in two months, the company founder-chairman Ajit Isaac told ET on Thursday. The Bengaluru-headquartered company with diverse businesses is moving swiftly to cement the independent identities of new firms. “We are among the few companies that have been on course on the demerger scheme,” Isaac said. The company began the process of demerger two years ago which helped it plan the leadership and governance structures well in advance. The two new companies are a result of the deployment of capital raised through an IPO about eight years ago. “This is a proof of our capital allocation strategy,” he added.
06.03 / 16:35
markets
Provident
Strategy
Sustainability
Parke
Boxing
International
NCRTC invites bids to appoint project management unit for property development along the route
NCRTC) which is executing the Rs 30,000-crore Delhi-Meerut regional rapid transit system (RRTS) project has invited bids to engage a Project Management Unit (PMU) for property development along the Delhi-Ghaziabad-Meerut Namo Bharat corridor. This initiative aims to monetize land parcels, generate non-fare box revenue, and create commercial, residential, and service hubs around Namo Bharat stations. Namo Bharat Stations cater to thousands of commuters daily. The identified plots will be developed into retail spaces such as malls, Retail-Dining-Entertainment (RDE) hubs, integrated parking units with offices, rental housing, studio apartments, hospitals, and theme parks.
06.03 / 15:35
markets
Provident
CEO
economy
Solomonic
reports
Recession looming? Goldman Sachs CEO David Solomon’s two-word response brings big relief; here's what he said
US economy and rumors of a possible recession, Goldman Sachs CEO David Solomon provided some reassurance with a straightforward yet effective answer, as per a report.
06.03 / 10:57
markets
Provident
Manufacturing
economy
Food
Trade
country
India's economic growth pegged at 6.5% for FY26 despite Trump tariff threat: CRISIL
CRISIL. The forecast rests on two key assumptions: the continuation of normal monsoon patterns and soft commodity prices. CRISIL expects that these factors, coupled with cooling food inflation, tax benefits outlined in the Union Budget 2025-2026, and lower borrowing costs, will stimulate discretionary consumption. «India’s resilience is being tested again. Over the past few years, we have built a few safe harbours against exogenous shocks — healthy economic growth, low current account deficit and external public debt, and adequate forex reserves — which provide ample policy latitude. So, while the waters can turn choppy, consumption-led rural and urban demand will be crucial to short-term growth. On the other hand, continuing investments and efficiency gains will aid in the medium term. We foresee both manufacturing and services supporting growth through fiscal 2031,» said Amish Mehta, Managing Director and CEO of CRISIL.
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