Provident Financial News

27.02 / 07:37

markets Provident Highways Justice Diversity Courts 'Unfair for commuters to pay tolls on poorly maintained highways': HC orders NHAI to cut toll fee by 80%

27.02 / 05:43

markets Provident Booking Airlines Cycling travelers India’s travel rush has a clear winner—and it’s not airlines

Subscribe to enjoy similar stories. Sixty-two crore and counting! The staggering footfall at the Maha Kumbh surpasses the population of several nations, highlighting the unstoppable rise of religious tourism. Social media has been a game-changer, making trip planning seamless, while mobile phones and high-speed internet have made navigating destinations easier than ever.

27.02 / 01:57

markets Provident FIVE Cooper Food Myanmar country India-Myanmar bond over food festival

U Kyaw Soe Win delivered a speech at the Mekong-Ganga Food Festival, organized by the Embassy of India in Yangon in collaboration with the Indian Women’s Association in Yangon and the Myanmar Women Entrepreneurs Network, at the Secretariat Yangon in Yangon, last week.

27.02 / 01:49

COST UPS Provident Digital CEO Research reports Cyient’s earnings revival distant even as new CEO announcement is positive

Subscribe to enjoy similar stories. The battered Cyient Ltd stock is struggling to regain its footing after weak December quarter (Q3FY25) results, an abrupt CEO resignation, and a sharp cut in FY25 guidance sent shares into a tailspin. On 24 January, the stock had plunged 23% as earnings downgrades poured in and concerns over leadership uncertainty deepened.

27.02 / 00:49

markets UPS Provident FIVE Research cover Lower capital requirements for bank loans to NBFCs to ease funding woes

Subscribe to enjoy similar stories. The Reserve Bank of India’s decision to ease rules on bank loans to non-banking financial companies (NBFCs) has been driven by a slowdown in credit flow to these entities, which have been facing a funding crunch amid systemic liquidity deficit and rising asset quality stress in small-ticket and microfinance loans, analysts said. On Tuesday, the central bank reversed the increase in risk weight - or the capital that banks must set aside for every loan to cover for potential loss - on loans to NBFCs, in a move that's expected to make it easier for banks to boost on-lending, which has been constrained by higher capital requirements.

27.02 / 00:49

markets UPS Provident Target security Strategy wellness Ultra-long bonds: Centre mulls strategy to deepen insurance market, cushion insurers’ businesses

Subscribe to enjoy similar stories. New Delhi: The Indian government may consider issuing 50-year on-tap bonds in the next fiscal (FY26), in a bid to encourage insurance companies to subscribe and better manage their business, two people familiar with the matter said.

27.02 / 00:49

markets UPS Provident Sustainability trends Trade recommendations Three stocks to buy today: Recommended by Ankush Bajaj

Subscribe to enjoy similar stories. India’s stock markets witnessed a mixed ride on 25 February, the previous trading session before today. The S&P BSE Sensex managed to break its five-day losing streak, closing 147.71 points, or 0.20%, higher at 74,602.12 points.

27.02 / 00:15

markets Provident Booking Universities RAI show reports Bad to worse: Microfinance sector NPAs hit ₹50,000 crore at the end of December last year

Non-performing assets in the microfinance sector surged to an all-time high of ₹50,000 crore, or 13% of the gross loans, at the end of December last year, even as the RBI reduced the need for higher capital allocation against risky unsecured assets.

26.02 / 23:55

markets Provident President hospital reports medicines International Doctors sound alarm over Donald Trump’s mysterious hand bruise; here's what it could mean for his health

26.02 / 20:17

markets Provident Career Gemini love travelers Relationships Horoscope Today, February 27, 2025: What does your horoscope say for Thursday, February 27? Check predictions for Leo, Pisces, Virgo, Gemini, Aries, and all zodiac signs

26.02 / 18:39

markets Provident Waters SpaceX Intuit testing SpaceX Lunar Lander launch today: Here’s how to watch the rocket launch live

26.02 / 17:49

Provident Action Remark Reddit Discover performer social Techie claims US-based Indian founders deducted 80% salary over resignation dispute; netizens offer advice

26.02 / 17:49

markets COST Provident Digital Progressive recommendations View: BharatNet crucial for achieving progress towards Digital India's goals

Bharat Broadband Network Limited (BBNL), is one of the largest rural telecom initiatives in the world. It's designed to bring broadband connectivity to every village. Initially launched in 2011 as National Optical Fibre Network (NOFN), BharatNet aims to connect 2.5 lakh gram panchayats (GPs). With an initial budget of Rs 42,000 cr, about Rs 40,000 cr has been spent.

26.02 / 17:49

markets Provident Platform social reports Updates Investigations Is Slack down today, February 26? Users face major outage and connection issues worldwide

26.02 / 13:31

markets Provident Volkswagen Justice information Department Courts $1.4 bn tax demand on Volkswagen: Bombay HC asks Customs to file affidavit on time limitation

Bombay High Court on Wednesday directed the Customs department to explain through an affidavit how its September 2024 show-cause notice raising a tax demand of $1.4 billion from Skoda Auto Volkswagen India was not barred by limitation. A division bench of Justices B P Colabawalla and Firdosh Pooniwalla has been extensively hearing the plea filed by the automobile company challenging the notice on the grounds that it was arbitrary and illegal.

26.02 / 13:31

markets Provident Strategy Align Bill President RAI No Tax on Overtime: Will the House Budget 2025 bill make overtime pay tax-free? Key changes, medicaid cuts, and GOP's spending plan explained

House Budget 2025 proposal has introduced a major change—no tax on overtime pay, which could significantly impact American workers. The bill, backed by House Republicans, aims to provide relief to employees by making overtime earnings tax-free. Alongside this, the budget includes Medicaid cuts, spending reductions, and tax policies aligned with former President Donald Trump’s economic strategy. As Congress debates the provisions, the outcome of the House budget vote will determine if these changes take effect. Here’s everything you need to know about the budget bill 2025 and its potential impact.

26.02 / 12:57

markets Provident Platform security Mobile Highways information Track your car insurance details online in minutes

26.02 / 12:57

markets UPS Provident Digital Justice Courts Online gaming companies move HC against regulations

Madras High Court to declare certain provisions of the Tamil Nadu Online Gaming Authority (Real Money Games) Regulations, 2025 as unconstitutional.

26.02 / 11:47

COST Provident wellness President War country reports How much has the US spent on Ukraine in the war?

Subscribe to enjoy similar stories. President Trump says the U.S. has spent $350 billion on the war in Ukraine—a figure that is at odds with Ukrainian President Volodymyr Zelensky’s tally, as well as U.S.

26.02 / 11:03

COST Provident security film classical reports How much rent Shah Rukh Khan is paying as family moves out of Mannat

26.02 / 11:03

markets Provident CEO Food RAI show Retail sales in India see 5% growth in January 2025, says RAI

Retailers Association of India (RAI).

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