reliance capital

Uday Kotak, founder of Kotak Mahindra Bank, urged India to reduce its reliance on foreign capital and cultivate a robust domestic pool of long-term risk capital for true self-reliance. He emphasized that companies should prioritize building businesses with a three-to-five-year vision over short-term stock price fluctuations, advocating for stronger domestic private equity and venture capital ecosystems.

Rajasthan Royals captain Riyan Parag admitted his team let a winning position slip against Delhi Capitals, citing a dramatic collapse after reaching 160 for 2 in 14 overs. Parag lamented the team's poor execution in middle and death overs, as well as in the field, stating they were not up to the mark.

India must cut reliance on foreign capital & build a strong domestic pool: Uday Kotak

Google plans a massive $190 billion investment in AI infrastructure, a six-fold increase from 2022, signaling a strong push into custom silicon with its new TPU 8th generation. This strategic move aims to reduce reliance on third-party chip suppliers like Nvidia, enhancing both training and inference capabilities for its AI models and services.

To Cut Fossil Fuel Use, Boost EVs

RIL, Tata group exploring greater flexibility; move may affect IT companies return to office plans

Rupee hit a fresh record low of 96.07 against the US dollar on Friday, extending its losing streak over three straight sessions amid soaring crude oil prices and escalating tensions in West Asia. At the interbank foreign exchange market, the rupee opened at 95.86 against the US dollar and slipped further to 95.94, down 30 paise from its previous close.

India is significantly boosting defence spending and prioritizing domestic production, aiming for self-reliance and export growth. New policies like 'Make in India' and DAP 2020 are reshaping procurement, encouraging local manufacturing and foreign collaboration. Despite global supply chain challenges, indigenous production and exports are rising, signaling a strategic shift towards greater defence capability and autonomy.

Bees are vital pollinators, crucial for global food security and ecosystems, yet face severe threats from climate change, pesticides, and habitat loss. Their declining populations, particularly in India, signal a critical ecological crisis. Urgent action is needed from farmers and citizens to protect these essential insects.

PM Modi has called on citizens to adopt measures aimed at conserving foreign exchange, as the surge in oil prices triggered by the Iran conflict has intensified pressure on the rupee and strained India’s foreign exchange reserves.

And that’s the trap that ‘Philosopher King’ Xi Jinping wants to avoid when coming up against Don Tzu, but who is Thucydides anyway? What trap did he lay? And will the US and China go to war?

India’s macro exposure to the Middle East continues to be transmitted primarily through energy and critical input prices, reflecting structurally high dependence on imported crude and natural gas.

The Indian rupee is facing significant pressure, weakening against the US dollar due to soaring crude oil prices driven by Middle East geopolitical tensions and persistent foreign fund outflows. Despite India's robust economic growth, the currency's slide continues as the Reserve Bank of India intervenes to curb volatility rather than target a specific exchange rate.

Oracle faces a significant bank-debt challenge due to its massive data centre expansion for OpenAI, reportedly requiring $300 billion. Lenders struggle with exposure limits, impacting their ability to finance these projects. This comes as Oracle also plans substantial job cuts, highlighting financial pressures despite efforts to secure funding.