Kotak Mahindra Bank founder Uday Kotak said India must cut its reliance on foreign capital and build a strong domestic pool of long-term risk capital to become truly self-reliant.Speaking at an event organised by the Confederation of Indian Industry, Kotak said a “truly Aatmanirbhar” nation is one that “does not need to depend on somebody…

When India imports goods (such as gold), it pays for it in dollars. The more a product is imported (both in value and quantity), the more the requirement for dollars. (AI image) Gold may be a safe haven asset but India’s love for the yellow metal is adding pressure to its foreign exchange reserves buffer…

The District Consumer Disputes Redressal Commission, Chandigarh has held that the Employees’ Provident Fund Organisation (EPFO) cannot cite software glitches or technical issues to justify a nearly 10-year delay in transferring provident fund (PF) accumulations from an employee’s old account to a new one.The commission partly allowed a complaint filed by employee Rajesh Garg and…

BENGALURU: The Centre for Cellular and Molecular Platforms (C-CAMP) Tuesday said it has deepened its partnership with American laboratory technology giant Agilent Technologies, giving a far wider range of Indian researchers access to some of the most sophisticated drug-testing equipment in the world, without having to buy it themselves.Think of it as a library, but…

AI image for representation US stocks retreated on Tuesday as rising oil prices, sticky inflation and a selloff in technology shares cooled Wall Street’s record-setting rally.The S&P 500 fell 0.6 per cent after closing at an all-time high in the previous session, while the Dow Jones Industrial Average dropped 288 points, or 0.6 per cent….