Provident Financial News

19.02 / 20:25

markets Provident FIVE community Diversity donates MacKenzie Scott’s philanthropy: She has donated $19 billion so far — who are the beneficiaries

MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, has made an extraordinary philanthropic contribution, donating $19 billion of her $35.6 billion fortune over the past five years.

19.02 / 18:41

markets COST UPS Provident stage Lenders close to finalising recast package for Vizag's RINL

State Bank of India (SBI) are in the final stages of working out a restructuring package for Vizag's Rashtriya Ispat Nigam (RINL), which includes a reduction in interest rates, reducing some contractual staff, and raising production capacity at the government-owned steelmaker that was defunct until recently.

19.02 / 18:41

Provident Opinion show Inside social inclusion Relationships HR specialist reveals how to tell if your colleagues really like you. Check if you are one of the office favorites

19.02 / 18:13

markets UPS Provident Apple Photos performer Features Apple introduces iPhone 16e: Affordable flagship with A18 chip, Apple Intelligence, 48MP fusion camera, and satellite connectivity – Here's price, key features, launch date, availability & everything you need to know!

A18 chip and Apple's first in-house cellular modem, the C1, ensuring fast performance and extended battery life. It also introduces Apple Intelligence, an intuitive personal assistant designed with user privacy in mind. The device features a 48MP Fusion camera with an integrated 2x Telephoto lens, allowing users to capture high-quality photos and videos. Additionally, it offers satellite connectivity options, including Emergency SOS and Roadside Assistance, to keep users connected even without cellular or Wi-Fi coverage. Pre-orders begin on February 21, with availability starting February 28.

19.02 / 18:13

markets Provident Manufacturing security economy Sustainability country Tapping minerals, pushing deep: Can India become a global leader in the critical minerals sector?

critical minerals such as lithium, cobalt, nickel and rare earth (RE) elements. Its mineral industry provides inputs for construction, energy, manufacturing and infrastructure, while critical minerals are needed for inputs for RE, EVs, electronics, batteries, etc. Keeping in mind current geopolitical factors like tariffs, India's mineral industry will play an increasingly important role in the country's economy.

19.02 / 15:35

markets Provident FIVE Healthcare President medicines Pharmaceuticals US reciprocal tariff on Indian pharma exports to impact American consumers: Pharmexcil

19.02 / 14:49

markets Provident MET Platform cricket Sporting Jio Hotstar throws a curveball as tech glitch disrupts Champions Trophy opener

19.02 / 12:29

markets UPS Provident Waters performer testing Okaya leads the charge with advanced inverters and next-gen batteries

19.02 / 12:29

markets Provident Assurant Remark information reports Karnataka Minister K J George says guarantee scheme money not monthly salary; BJP hits back

K J George's remark that funds from the guarantee schemes are «not like a monthly salary,» in response to complaints about delays in payments to beneficiaries has drawn sharp criticism from opposition BJP leaders on Wednesday.

19.02 / 10:21

markets Provident Analysis Align Trade Experts The Big Short-fame Bill Ackman seeks to build a modern-day Berkshire with Howard Hughes bid

Bill Ackman, known for his prescient market bets, has raised his takeover bid for Howard Hughes Holdings in a bold push to transform the company into a “modern-day” Berkshire Hathaway, drawing inspiration from Warren Buffett’s legendary investment empire. In a series of posts on microblogging platform X, formerly known as Twitter, the founder of hedge fund Pershing Square Capital Management announced a revised proposal to acquire 10 million newly issued shares of Howard Hughes at $90 per share. If the deal proceeds, Pershing Square will own 48% of the Texas-based real estate developer.

19.02 / 09:15

markets Provident Waters Google President country Features Mexico awaits new response from Google on dispute over Gulf of Mexico name before filing lawsuit

Mexico said Monday it's awaiting a new response from Google to its request that the tech company fully restore the name Gulf of Mexico to its Google Maps service before filing a lawsuit.

19.02 / 06:53

markets Provident security Death RAI Features LICs Smart Pension Plan: Important FAQs to know for your retirement planning

Life Insurance Corporation of India (LIC) has launched the LIC Smart Pension Plan, a non-participating, non-linked, individual/group, savings, and immediate annuity plan. A standout feature of the plan is its liquidity options, enabling policyholders to make partial or full withdrawals under specified conditions. Policyholders have the flexibility to receive annuity payments on an annual, half-yearly, quarterly, or monthly basis, depending on their preference. Moreover, the plan includes a special provision for National Pension System (NPS) subscribers, allowing them to opt for an immediate annuity.

19.02 / 06:05

markets Provident RAI prevention Courts As fear looms over seat, Jailed MP Amritpal Singh files petition to attend ongoing Parliament session

Amritpal Singh, jailed Lok Sabha MP and Pro-Khalistleader, has filed a petition in the Punjab High Court to allow him to attend the ongoing Parliament session as there is a possibility that his seat may be vacated due to his prolonged absence.

19.02 / 05:13

markets Provident Waters country Department medicines Kerala to launch first ever project on collection, disposal of expired medicines

19.02 / 05:13

markets Provident Action Bill cover Schools Courts End of arbitrary arrest by income tax officers? New Income Tax Bill 2025 proposes to decriminalise Section 276CCC

Tax Bill 2025 has said a person who failed to file an Income Tax Return (ITR) after a search operation will not be prosecuted under clause 480 without prior approval of higher tax authorities. Earlier in the Income Tax Act, 1961, there was no requirement for such approval. Also, the new tax Bill explicitly mentions that clause 480 which corresponds to Section 276CCC of Income Tax Act, 1961, is a non-cognizable offence. Earlier it was not explicitly mentioned in the 1961 Act. For the uninitiated, cognizable offence means authorities can arrest without prior court approval. Non-cognizable offence means authorities need prior approval from a court before arresting the person.

19.02 / 03:27

markets Provident Aviat RAI country International Pucca helipad to be developed every 45 km, airport every 150 km in Madhya Pradesh: CM Yadav

Madhya Pradesh Chief Minister Mohan Yadav has said under the state's new civil aviation policy, a 'pucca' helipad will be built in every 45 km radius and an airport in every 150 km. Yadav was speaking on Tuesday during a dialogue with industrialists in Indore in connection with the 'Invest Madhya Pradesh — Global Investors Summit' to be held in Bhopal on February 24 and 25.

19.02 / 00:59

markets UPS Provident security Analysis Trade testing NSE Clearing asks BSE to pay Rs 104 crore as SGF dues

NSE Clearing, the clearing house of the National Stock Exchange, has issued a fresh demand of ₹104 crore on the BSE as a contribution to the Settlement Guarantee Fund (SGF), according to sources. The demand is based on a recent stress test held on January 25, and BSE has been asked to provide the required contribution by February 28, one of the sources cited said.

10.02 / 11:31

markets UPS Provident Citizens Strategy show To avoid new TDS on interest above Rs 1 lakh how much senior citizens should invest in bank FD

senior citizens earning interest income from bank FDs to Rs 1 lakh in a given financial year from FY 2026. If the annual interest amount crosses Rs 1 lakh in a particular bank i.e. aggregate level in a bank. This means if a senior citizen can keep his/her interest income limited to up to Rs 1 lakh then no TDS will be deducted by the bank.

10.02 / 11:31

markets Citi Provident Tesla Experts testing Traffic Tesla robotaxis by June? Musk turns to Texas for hands-off regulation

Elon Musk told investors in late January that Tesla would roll out «autonomous ride-hailing for money» by June in Austin, Texas — a state where the company faces almost no regulation, raising questions about how much safety and legal risk Tesla is willing to take on as it deploys unproven driverless technology on public streets.

10.02 / 10:37

markets UPS Provident Aware pandemic cover LIC is India’s most privileged insurer. So why is it losing its way?

Subscribe to enjoy similar stories. India’s insurance sector is the 10th largest in the world, expected to be worth $170 billion by 2027. Driven by increased digitisation and awareness of the importance of insurance, the sector has grown at leaps and bounds since the pandemic.

10.02 / 09:49

UPS Citi Provident CEO Platform Metro Delhivery expects rapid commerce business to generate ₹80-100 crore by fiscal end

Subscribe to enjoy similar stories. Listed third-party logistics player Delhivery Ltd expects its one-month-old rapid commerce business to generate revenue in the range of ₹80-100 crore by the end of the current fiscal year, underscoring the growing demand for ultra-fast deliveries in India’s e-commerce landscape, co-founder and chief executive officer Sahil Barua, said on Friday. The Gurugram-based courier company rolled out Rapid Commerce, a sub-2-hour delivery service, in January.

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