Business

  • 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.

    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.

    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.

    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.

    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.

    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?

    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…

  • FM Sitharaman will meet RBI’s top brass on Feb 8 for post-budget discussions.

    FM Sitharaman will meet RBI’s top brass on Feb 8 for post-budget discussions.

    Finance Minister Nirmala Sitharaman will address the RBI’s central board on February 8 post-budget to coordinate fiscal and monetary strategies to boost GDP growth. The meeting, following the RBI’s monetary policy review, may include an interest rate cut to stimulate growth amid easing inflation. The Finance Minister stays on course for fiscal consolidation, reducing the…

  • Finance Minister Sitharaman highlights infrastructure as a priority with a 10.23% increase in capex in Budget 2025-26.

    Finance Minister Sitharaman highlights infrastructure as a priority with a 10.23% increase in capex in Budget 2025-26.

    Finance Minister Nirmala Sitharaman emphasized a sustained focus on capital expenditure and highlighted a significant rise of 10.23% compared to the revised estimate for 2024-25, amounting to over Rs 11.21 lakh crore. She also mentioned the government’s commitment to boosting consumption. Additionally, she stated that public expenditure on asset building has achieved a remarkable level,…

  • Core sector industries grew by 4% in December.

    Core sector industries grew by 4% in December.

    India’s core sector industries saw a 4% rise in output in December, driven by increased coal, steel, and electricity production, as per government data. These industries like coal, steel, and electricity make up 40.27% of the Index of Industrial Production. The growth rate of core industries indicates overall industrial growth. In December 2024, all sectors…

  • 1 crore more people will pay zero income tax under Budget 2025-26, announced Finance Minister Sitharaman.

    1 crore more people will pay zero income tax under Budget 2025-26, announced Finance Minister Sitharaman.

    Finance Minister Nirmala Sitharaman stated that the tax rebate increase to Rs 12 lakh in the 2025-26 Budget will exempt around 1 crore more individuals from paying income tax, resulting in more money for people. The revised tax structure now allows those with a net taxable income of up to Rs 12 lakh to be…