Business

  • Gold prices in India hit a new high at ₹97,460/10g, setting a record.

    Gold prices in India hit a new high at ₹97,460/10g, setting a record.

    Today, gold prices reached a record high in India, with 22K gold at ₹89,350 per 10g and 24K gold at ₹97,460 per 10g in Delhi due to tariff uncertainties. Silver prices stayed stable at around ₹1 lakh per kg. The extremely pure 24K gold attracts buyers seeking top quality. Conversely, jewelry lovers and investors prefer…

  • Credit cards can be beneficial or detrimental; Learn the proper way to use them.

    Credit cards can be beneficial or detrimental; Learn the proper way to use them.

    Credit cards are a useful tool but have risks. Understanding how to use them correctly is crucial for managing debt and maintaining a good credit score. These tips cover dos and don’ts to help you manage your credit cards effectively. Paying your balance in full each month is crucial. It helps you avoid interest charges,…

  • India’s diamond exports hit a 20-year low due to certain reasons.

    India’s diamond exports hit a 20-year low due to certain reasons.

    In the fiscal year 2024-25, India’s cut and polished diamond exports reached a 20-year low due to decreased demand from major markets like the US and China. The Gems and Jewelry Export Promotion Council (GJEPC) stated that these exports typically make up nearly half of all gem and jewelry shipments. The GJEPC disclosed a 16.8%…

  • Indian exporters gain advantage from US tariffs on Chinese e-commerce shipments.

    Indian exporters gain advantage from US tariffs on Chinese e-commerce shipments.

    The US tariffs on Chinese e-commerce have created an opportunity for Indian exporters, especially those of customized goods. The Global Trade Research Initiative predicts that India, with over 100,000 sellers and $5 billion in exports, can capitalize on this gap left by China. GTRI emphasizes the need for urgent trade reforms in India, as the…

  • Google Pay and PhonePe users facing payment issues with UPI down.

    Google Pay and PhonePe users facing payment issues with UPI down.

    The popular UPI digital payment system in India is currently experiencing service disruptions. Many users are facing problems with payments and transfers. As of 12:00pm today, over 1,000 complaints about UPI services have been reported on Downdetector, with payment failures being the main issue. This follows two previous outages in March and April. On March…

  • KFC’s chicken toothpaste is real and already sold out.

    KFC’s chicken toothpaste is real and already sold out.

    KFC collaborated with Australian brand Hismile to launch an unusual product: fried chicken-flavored toothpaste inspired by KFC’s famous recipe. Priced at $13, the toothpaste promises to replicate the irresistible taste of KFC chicken and was exclusively sold on the Hismile website. The chicken-flavored toothpaste sold out within 48 hours of its launch, showing high demand.…

  • Gold prices reached a record high of ₹93,400 per 10g.

    Gold prices reached a record high of ₹93,400 per 10g.

    Gold prices surged to record highs globally and in India on Friday due to investor demand for a safe haven during economic uncertainty. In India, 24K gold is priced at ₹93,390 for 10gm, 22K gold at ₹85,610, and 18K gold at ₹70,050 per 10gm. Spot gold hit a new high at $3,219.84 per ounce on…

  • A credit score is important as it reflects your creditworthiness.

    A credit score is important as it reflects your creditworthiness.

    The credit score, also known as the CIBIL score in India, is crucial for assessing financial health. It ranges from 300 to 900, guiding lenders on the risk of lending. A high score lowers risk, leading to favorable loan terms. Understand credit scores and influencing factors for sustained financial stability. Your credit score is influenced…

  • Smartphone prices in India might decrease due to Trump’s tariffs on Chinese products.

    Smartphone prices in India might decrease due to Trump’s tariffs on Chinese products.

    The trade tensions between the US and China have led Chinese electronic component makers to offer up to 5% discounts to Indian firms, potentially reducing consumer electronics prices in India. Indian manufacturers may pass on some savings to customers to boost product demand. Recently, the US-China trade conflict intensified as President Trump imposed hefty tariffs…

  • Alcatel will sell its Indian-made smartphones on Flipkart.

    Alcatel will sell its Indian-made smartphones on Flipkart.

    French tech company Alcatel is making a comeback in the Indian smartphone market after seven years with an initial investment of $30 million. TCL Communication, a Chinese firm, will manage Alcatel’s business in India under a trademark license from Nokia. Alcatel phones will be manufactured locally and sold through Flipkart. Atul Vivek, Alcatel’s Chief Business…