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Business News/ Economy / Cost of Living Highlights Jan 09: Petrol and diesel prices steady. Check here
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Cost of Living Highlights Jan 09: Petrol and diesel prices steady. Check here

As we enter the second week of the new year, the cost of living continues to be a pressing concern for many. The surge in inflation rates has elevated the global cost of living, impacting the common man's finances. 

Cost of Living Highlights Jan 09 (Photographer: Prashanth Vishwanathan/Bloomberg)Premium
Cost of Living Highlights Jan 09 (Photographer: Prashanth Vishwanathan/Bloomberg)

Cost of Living Highlights Jan 09: Latest updates on Indian Economy

09 Jan 2024, 06:30:56 PM IST

Health Insurance: How to avail quick cashless facility during medical emergency? A step-by-step guide

In the face of unexpected health challenges, health insurance can either emerge as a dependable 'knight in shining armour' or a ‘complex labyrinth to navigate’.

Regrettably, in the aftermath of an emergency, individuals often develop a less favourable perception of both insurance and insurers. This perception primarily stems from a lack of understanding of the fundamental concepts related to health insurance and its processes at the time of an emergency. Read more here

09 Jan 2024, 05:26:16 PM IST

Moto G34 5G with Snapdragon 695 SoC launched in India

Motorola has launched its budget Moto G34 5G smartphone in India, powered by the Qualcomm Snapdragon 695 SoC. The smartphone was previously launched in China just before Christmas and is now finally making its way to the Indian market.

The Moto G34 5G features a 6.5-inch HD+ IPS display with a resolution of 1600 x 720 pixels, a refresh rate of 120Hz and a peak brightness of 500 nits. Read more here

09 Jan 2024, 04:33:30 PM IST

India would require 6.4 crore additional homes by 2036 because of population growth: Report

It would require 6.4 crore more homes by 2036 to match the housing demand of India's increasing population, according to CREDAI-Liases Foras.

"The additional housing requirement by 2036 due to the population growth is 64 million in India," read the joint report released by realtors' apex body CREDAI, in collaboration with data analytic firm Liases Foras at the New India Summit held in Varanasi. Read more here 

09 Jan 2024, 03:16:05 PM IST

Indian Railways to recruit for 1,646 Apprentice posts

Indian Railways' North Western Railway has invited applications for Apprentice posts. Eligible candidates can apply online through the official website of North Western Railway at rrcjaipur.in. This recruitment drive will fill up 1646 posts in the organization. The registration process will begin on January 10 and will end on February 10. Read more here

09 Jan 2024, 02:17:39 PM IST

Cost of Living Live Jan 09: Crude oil futures gain on spot demand

Crude oil prices on Tuesday increased ₹79 to ₹5,942 per barrel in futures trade as participants widened their positions following a firm spot demand.

On the Multi Commodity Exchange, crude oil for January delivery traded higher by ₹79, or 1.35 per cent, at ₹5,942 per barrel in 16,377 lots.

Analysts said raising of bets by participants kept crude oil prices higher in futures trade.

Globally, West Texas Intermediate crude oil was up by 0.72 per cent to USD 71.28 per barrel, and Brent crude traded 0.78 per cent higher at USD 76.71 per barrel in New York.

09 Jan 2024, 02:16:08 PM IST

Cost of Living Live Jan 09: Gold futures rise ₹175 to ₹62,270 per 10 grams

Gold prices on Tuesday jumped ₹175 to ₹62,270 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.

On the Multi Commodity Exchange, gold contracts for February delivery traded higher by ₹175, or 0.28 per cent, at ₹62,270 per 10 grams in a business turnover of 10,841 lots.

Fresh positions built up by participants led to a rise in gold prices, analysts said.

Globally, gold futures went up by 0.43 per cent to USD 2,042.30 per ounce in New York.

09 Jan 2024, 11:56:29 AM IST

Cost of Living Live Jan 09: Souled Store partners with Simpl to strengthen its e-commerce platform with 1-Tap Checkout

 

· Aims to offer greater convenience in checkout in partnership with Simpl to millions of its customers, mostly millennials and Gen Z

· The company generates over 90% of its sales through its own e-commerce platform

· It witnessed a 5X growth compared to the average business during the Black Friday sale last November, with winter wear categories being the top demand, followed by oversized t-shirts and denim.

Other partners with whom simpl tied up in 2023 - Swiggy in December, Myntra in November, ixigo in October, McDonald's in June, IRCTC and Zoop in August.

09 Jan 2024, 11:47:50 AM IST

Cost of Living Live Jan 09: Vistara anniversary sale, domestic fares start at ₹1899

Economy Class fares commence at an enticing ₹1809 for the Guwahati-Dibrugarh route, fostering a seamless journey for travelers with a passion for discovery. Premium Economy welcomes explorers with fares starting at ₹2309 (Guwahati-Dibrugarh), while those seeking a heightened experience can relish Business Class at ₹9909 (Ahmedabad-Mumbai). Economy Class invited globetrotters to Delhi-Kathmandu with return all-inclusive fares starting at ₹9999. For those desiring an elevated travel experience, Premium Economy beckons at ₹13499 (Delhi-Kathmandu), while Business Class sets the stage for luxury at ₹29999 (Delhi-Dhaka).

09 Jan 2024, 11:19:00 AM IST

Cost of Living Live Jan 09: Prices of petrol and diesel decline in Gujarat

In Gujarat, the prices of petrol and diesel have experienced a decrease of 56 paise, with petrol seeing a reduction of 30 paise and diesel decreasing by 28 paise. Meanwhile, no change has been observed in the prices of petrol and diesel in any other state or union territory. Conversely, Maharashtra has witnessed an increase of 52 paise in both petrol and diesel prices. Punjab, too, has experienced a rise in petrol prices by 22 paise and diesel prices by 21 paise.

09 Jan 2024, 11:04:20 AM IST

Cost of Living Live Jan 09: Gold prices remained steady

Gold prices remained steady on Tuesday. The cost of 24 carat gold is Rs.6397.0 per gm, and the cost of 22 carat gold is Rs.5865.0 per gm.

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