India’s Tata to open 20 ‘beauty tech’ outlets, in talks with foreign brands

India’s Tata Group is planning to open at least 20 “beauty tech” stores where it will use virtual makeup kiosks and digital skin tests to get young, affluent shoppers to buy premium cosmetic products, according to a company document and a person familiar with its strategy. The move pits Tata, whose…

Shortage of Amul butter in Delhi, UP, among other states?

There appears to be a shortage of Amul butter in the market in various parts, including Delhi, Ahmedabad and Punjab with customers pointing it out on Twitter. The butter is apparently also not available on grocery apps as well. The shortage is also leading to fake Amul butter doing the rounds in the market. The…

What is digital rupee and how will it help bolster India’s economy

In a landmark moment, the Reserve Bank of India (RBI) rolled out India’s first digital rupee pilot project for the wholesale segment on November 1. It will launch a similar trial on the retail side soon. The digital rupee (e₹) is also known as Central Bank Digital Currency (CBDC). It is a digital form of…

Gold, silver prices today: Yellow metal witnesses hike, silver records dip on MCX | Check latest rates here

On Monday, while gold was trading on the higher side of the Multi Commodity Exchange (MCX), silver witnessed a new low. Recording a hike of Rs 45 or 0.09 per cent, gold futures, maturing on December 5, 2022, stood at Rs 50,862 per 10 grams on the MCX. Meanwhile, silver futures, maturing on December 5, 2022, witnessed a…

Reliance to step into salon business, plans to buy 49% stake in Naturals

Reliance Retail, a unit of Indian oil-to-chemicals conglomerate Reliance Industries, is set to enter the salon business and is in talks to buy a 49% stake in Naturals Salon & Spa, the chief executive of the salon chain said in a social media post on Friday. The existing promoters of Naturals Salon-parent, Groom…

Sensex, Nifty trade in red for second day amid weak global equities

Benchmark indices finished on a weak note on Thursday, extending their previous day’s decline amid a negative trend in global equity markets after the US Fed hiked interest rates by 75 basis points. The 30-share BSE Sensex declined 69.68 points or 0.11 per cent to settle at 60,836.41. During the day, it tanked…

Price of commercial LPG cylinder slashed | Check rates for your city

The prices of 19 kg commercial LPG cylinders were slashed by the Indian Oil Corporation Ltd. Prices of domestic cylinders will, however, continue to remain steady. The price of a 19 kg commercial cylinder of Indane will be cut by Rs 115.5 in Delhi, Rs 113 in Kolkata, Rs 115.5 in Mumbai and Rs 116.5 in Chennai. The…

Rupee hits new record low, falls to 83.08 against US Dollar

The Indian rupee has hit a fresh record low and is at 83.08 against US Dollar amid unabated foreign capital outflows and a strong dollar in the overseas markets. On Wednesday, the rupee plunged by 60 paise to record low levels of 83 for the first time against the US dollar. Besides, rising crude prices in the…

Gold-Silver Price Today, Oct 18, 2022: Yellow metals record jump, silver rates hike on MCX | Check here

For the second time in a row, gold and silver prices recorded a hike on the Multi Commodity Exchange (MCX). The precious metals are retailing on the higher side of the domestic market on Tuesday. With a jump on October 18, gold futures maturing on December 5, 2022, stood at Rs 50,364 per 10 grams on the domestic…