Provident Financial News
23.01 / 06:11
23.01 / 06:05
23.01 / 06:05
Provident
Digital
Platform
Mobile
prevention
guidelines
Updates
Cyber frauds on RBI’s radar: Banks mandated to use TRAI’s MNRL technology by March 31, 2025
Reserve Bank of India (RBI) wants to leave no stone unturned when it comes to prevention of cyber fraud with banking consumers. Recently the RBI has given a direction to all banks, etc to use Telecom Regulatory Authority of India (TRAI)’s MNRL list available on the Digital Intelligence Platform (DIP) to enhance the bank’s fraud risk monitoring and prevention. This technology developed by the Ministry of Communications can prevent bank accounts from being operated as Money Mules and / or being involved in cyber frauds.
23.01 / 05:27
markets
Provident
Manufacturing
Strategy
Sustainability
innovations
testing
Walmart announces strategic pilots with India-based startups
India-based startups to provide solutions for its US supply chain and sourcing operations. «Tech innovation is what drives real-world solutions to move forward a globally resilient supply chain. By collaborating with global innovators, we're leveraging fresh ideas to build a more resilient supply network,» said Kyle Carlyle, vice president of sourcing Innovation & Surety of Supply, at Walmart.
23.01 / 01:13
23.01 / 01:13
Provident
FIVE
economy
stage
information
politician
Investigations
Could Ottawa's investigation of Interac e-Transfer lead to lower transaction fees?
If you’ve ever used online banking to send money as a gift, pay a friend back for dinner or send rent to your landlord, there’s a good chance you used Interac e-Transfer to do it. The service allows people to request, send and receive money directly through Canadian personal and business bank accounts. Interac Corp. says 88 per cent of Canadians have used e-Transfer, and the company processed nearly 1.2 billion transactions in 2023.
23.01 / 01:13
UPS
Provident
President
2020
rights
Interviews
Amazon closures a ‘slap in the face’ to Quebec workers, union says
Amazon.com Inc. announced on Wednesday that it will close all its Quebec warehouses and lay off about 1,700 full-time employees — a move the union representing workers at the e-commerce behemoth’s only unionized Canadian facility called a “slap in the face for all workers in Quebec.”
23.01 / 01:01
markets
Provident
Manufacturing
Research
Xiaomi
electronic
Rising giants Dixon, Tatas set to wrestle for India EMS crown
Dixon Technologies and Tata Electronics.
23.01 / 00:25
markets
Provident
Platform
shooting
show
reports
Servify shoots for unicorn tag with $100 million fundraise
Subscribe to enjoy similar stories. Mumbai: Smartphone care and warranty provider Servify is in early talks with venture capital and private equity firms to raise $100 million, before it joins the swelling crowd of startups rushing to the public markets. The Mumbai-based startup is eyeing the fundraise at a potential valuation of $1 billion, as it prepares for an initial public offering of shares in 24 months, said two people with knowledge of the development, requesting not to be identified.
23.01 / 00:25
Provident
Aware
Merit
security
economy
Align
cover
Awareness, affordability, and attractiveness: Insurance sector's budget wishlist
Subscribe to enjoy similar stories. The Union budget 2025 has provided a good opportunity to consider measures that can further support the insurance sector, which is fundamental to fostering a secure and resilient economy, supporting both individual and collective financial well-being. The Insurance Regulatory and Development Authority of India’s (Irdai) vision of ‘Insurance for all by 2047’ aligns closely with India’s broader ambition of becoming a developed economy within a similar timeframe.
23.01 / 00:11
UPS
Provident
Platform
social
innovations
2020
Amazon to close 7 warehouses in Canada and eliminate 1,700 jobs
Amazon says it's closing all seven of its warehouses in the Canadian province of Quebec over the next two months
22.01 / 22:47
markets
Provident
Extreme
Strategy
President
PAM
What did Joe Biden and Donald Trump talk during the shared limousine ride to the U.S. Capitol for the President's swearing-in ceremony? Amy Klobuchar shares details
US President Donald Trump, Senator Amy Klobuchar being present there provided few insights of the surprisingly cordial conversation between former US President Joe Biden and US President Donald Trump, reported Huffpost.
22.01 / 20:07
22.01 / 20:03
UPS
Provident
Fighting
Matthews
information
reports
rights
Amazon to close all 7 Quebec warehouses, say it’s not union based
Amazon Canada will close all seven of its facilities in Quebec over the next couple of months, the company announced Wednesday.
22.01 / 19:11
Citi
Provident
Food
Flushing
social
rights
International
Starbucks' policy change flushes out a debate over public restroom access
Starbucks’ decision to restrict its restrooms to paying customers has flushed out a wider problem: a patchwork of restroom use policies that varies by state and city
22.01 / 18:23
22.01 / 10:55
Provident
Target
FIVE
Analysis
economy
trends
show
budget 2025
Budget 2025: Do income tax cuts make sense and will it revive consumption?
Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman’s eighth union budget, set to be presented on 1 February, provides a critical opportunity to boost Indian economy's slowing consumption momentum through income tax cuts. There is a compelling case for this move: tax relief announced in the budget in July last year offered minimal benefits to low-income groups and, when adjusted for inflation, worsened the situation for high-income groups, a Mint analysis showed.
22.01 / 09:55
markets
UPS
Provident
Digital
Strategy
innovations
budget 2025
Budget 2025 can unlock new opportunities for insurance sector. What about 100% FDI?
India Budget: The Indian insurance sector is at the cusp of a new growth trajectory that needs policy intervention by the government. The Union budget will provide an excellent opportunity to pump up the insurance sector, which is expecting a reduction in GST rates — to make health and term insurance more affordable, an increase of tax exemption to encourage people for buying insurance policies that would ultimately provide security, long-term capital and ease the inflationary effects on individual tax payers.
22.01 / 09:41
Provident
FIVE
Manufacturing
Sustainability
country
innovations
reports
From waste to green gold: 5 battery recycling stocks to watch out for in 2025
Subscribe to enjoy similar stories. As India races towards an electric future, powered by renewable energy and electric vehicles (EVs), a looming question casts a shadow on this green ambition: what happens to millions of EV batteries at the end of their life? With gigafactories rising and mining for critical materials like lithium and cobalt taking an environmental toll, the need for a robust battery recycling ecosystem has never been more urgent.
22.01 / 09:41
COST
Provident
Manufacturing
NVIDIA
Research
country
innovations
Mint Explainer: Will the $500 billion Stargate plan help the US trump China?
Subscribe to enjoy similar stories. BENGALURU : Geopolitics continues to dictate global tech policies and strategies. The latest example is the Stargate Project, one of US President Donald Trump's first major business initiatives after returning to office.
22.01 / 09:15
Provident
Aviat
Airlines
economy
Reddit
Trade
Updates
Businessman uses daughter’s car accident in sales pitch. What internet has to say
Dave Drimmie recently drew widespread criticism for using his daughter’s car accident as a metaphor to promote his services on LinkedIn. While some expressed concern for his daughter’s well-being, others found his post distasteful, accusing him of leveraging a traumatic incident for professional gain.
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