Business

  • The INR rises by 1%, its largest increase in more than 2 years.

    The INR rises by 1%, its largest increase in more than 2 years.

    SabinaNow24X7

    The Indian rupee surged over 1% on February 11 to the 87 mark against the US dollar, its strongest rally in two years, potentially aided by the Reserve Bank of India. Opening at 87.35, it then strengthened to 87.0750. This increase, the largest since November 2022, positioned the rupee as the top performer in Asia…

  • Save multiple addresses on Swiggy for Android by following these steps.

    Save multiple addresses on Swiggy for Android by following these steps.

    SabinaNow24X7

    Ordering food is made simple with apps like Swiggy, delivering your favorite meals to your doorstep. Android users benefit from saving multiple delivery addresses for added convenience. Our guide streamlines the ordering process by eliminating the need to re-enter address details, ensuring smoother and faster transactions. Download Swiggy from Google Play, sign in or register…

  • RBI cuts repo rate by 25bps.

    RBI cuts repo rate by 25bps.

    SabinaNow24X7

    RBI Governor Sanjay Malhotra announced a 25 basis point cut in the repo rate, reducing it from 6.5% to 6.25%. This is the first rate cut since May 2020 by the Monetary Policy Committee (MPC), which sets the repo rate for RBI’s lending to commercial banks. The repo rate was cut by 25bps, and adjustments…

  • Amazon plans to invest $100B+ in AI this year.

    Amazon plans to invest $100B+ in AI this year.

    SabinaNow24X7

    Amazon plans to invest over $100 billion in AI this year, with most going to enhance AWS, as announced by the CEO Andy Jassy during the Q4 earnings call. This decision contrasts with anticipated AI budget cuts in the tech industry. In 2024, Jassy highlighted a fourth-quarter capex of $26.3 billion, suggesting a yearly investment…

  • Zomato to be named ‘Eternal’ for trading on stock exchanges, with brand name unchanged.

    Zomato to be named ‘Eternal’ for trading on stock exchanges, with brand name unchanged.

    SabinaNow24X7

    Food-tech giant Zomato officially changed its name to Eternal after approval from the board. The company began using “Eternal” internally after acquiring Blinkit to distinguish between the company and the app. Co-founder Deependra Goyal explained the shift, stating that the new name signifies a broader future driven by entities like Blinkit. The group CEO confirmed…

  • Gold hits record high of Rs 8,432 per gram due to geo-political uncertainties.

    Gold hits record high of Rs 8,432 per gram due to geo-political uncertainties.

    SabinaNow24X7

    Gold prices in India hit a record high of Rs 8,432 per gram on Wednesday, rising by Rs 1,322 from Rs 8,310 on February 4 due to increased safe-haven buying amid global uncertainties. Experts attribute this surge to safe-haven demand sparked by China’s response to US tariffs. Market experts from Motilal Oswal Financial Services Limited…

  • Amazon, a major online retailer, struggles with operating physical stores – a situation with a touch of irony.

    Amazon, a major online retailer, struggles with operating physical stores – a situation with a touch of irony.

    SabinaNow24X7

    Amazon, a dominant online retailer, is facing challenges in physical stores. According to The Wall Street Journal, workforce for Amazon Go convenience stores has been cut by almost 50% since 2023. These stores, offering contactless payment, struggle to attract regular customers. Amazon, a dominant online retailer, faces challenges establishing a presence in physical stores. The…

  • VinFast EVs will be available for purchase in India soon.

    VinFast EVs will be available for purchase in India soon.

    SabinaNow24X7

    At Auto Expo 2025, VinFast debuted its global vehicle range for India, starting with the VF7 electric SUV. Following this flagship model, more affordable options are planned for next year, with successful premium models like the VF8 and VF9 available in other regions. Despite recent floods, VinFast is on track to construct its manufacturing plant…

  • Ultimate credit card can make shopping rewarding for aromatherapy enthusiasts in India.

    Ultimate credit card can make shopping rewarding for aromatherapy enthusiasts in India.

    SabinaNow24X7

    Certain credit cards cater to Indian aromatherapy enthusiasts, enhancing their shopping experience with rewards and benefits, particularly suited for buying essential oils and diffusers. This article presents five top credit cards tailored to meet the specific needs of aromatherapy shoppers. The SBI Cashback Card is a great option for those shopping online for aromatherapy products.…

  • Gold prices have surpassed ₹83,000 for 10g. What is fueling this rally?

    Gold prices have surpassed ₹83,000 for 10g. What is fueling this rally?

    SabinaNow24X7

    Gold prices in India surged to over ₹83,350 per 10gm today, aligning with global trends as spot gold nears a record $2,830.49 per ounce. Factors like global inflation, geopolitical tensions, volatile markets, central bank purchases, and dollar fluctuations are fueling the precious metal’s ascent. The US tariff policies on key nations like China, Mexico, and…

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