Author: Gaurav

As credit card usage surges across the country, so do the associated risks and pitfalls. Recently it has been witnessed that with the rise in the use of credit cards there has also been an escalation in defaults, particularly among younger users tempted by easy credit and rewards. Here are five risks associated with using credit cards you should not ignore:1. Debt trap from high interest ratesCredit card interest rates in India are among the highest in the lending industry. The RBI has mandated all the banks to set a ceiling rate of interest, including other associated charges, processing fees etc.…

Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. If you’ve been holding off on your startup idea, now’s the time to take action. Biela.dev is here to make turning your ideas into fully functioning software easier than ever before.Biela.dev is an AI-driven coding platform that helps entrepreneurs create websites and applications from scratch. Developed by TitanLabs and supported by TeachMeCode Institute, this innovative tool enables founders to launch their ideas with nothing but a prompt.Founders Without Engineers Biela is redefining the startup journey. For founders without technical expertise, creating the…

HighlightsNivea India has appointed Akshay Kawale as the business unit head for the Derma division, effective April 3, 2025. Akshay Kawale brings over 16 years of experience from prominent organizations such as Glenmark Pharmaceuticals, Abbott Laboratories, GlaxoSmithKline, and L’Oréal. In his new role, Kawale will lead the Derma business unit for the Eucerin brand, focusing on growth strategies centered around consumer needs in the Indian market. Akshay KawaleNivea India has announced the appointment of Akshay Kawale as the business unit head – Derma, effective April 3, 2025.Kawale brings over 16 years of experience from various organisations in the pharmaceutical and…

Q. My wife and I have been investing in ELSS mutual funds for the past 5 years. However, we have been concerned with the volatility associated with our current portfolio, especially during the past 1 year. Our friends have suggested that we explore passive mutual funds, specifically funds tracking the BSE Low Volatility Index. Kindly, elaborate on the pros and cons of investing in the BSE Low Volatility Index.Omveer Shukla, Pune, MaharashtraWhat is the BSE Low Volatility Index?Investing in the stock market can be thrilling, but it often comes with significant risks due to market fluctuations. For investors seeking stability,…

MOUs Signed with Indian Government and Inauguration of Renesas’ Bengaluru and Noida Offices Mark Investments to Accelerate Growth in India’s Key Semiconductor Hubs Renesas Electronics Corporation announced its partnership with the Ministry of Electronics & Information Technology (MeitY), Government of India, to support local startups and academic institutions in the field of VLSI and embedded semiconductor systems. Renesas also celebrated the expansion of its offices in Bengaluru and Noida to accommodate its growing R&D teams, with the inauguration ceremonies. This strategic move underscores Renesas’ commitment to innovation and excellence in India and aims to drive continued growth in the region. Renesas…

The price of the Nothing Phone 3 has been revealed ahead of its launch. Nothing is expected to launch this flagship smartphone in the Indian market soon, showcasing many significant upgrades. New Delhi: After the successful Nothing Phone (3a) series, the UK-based company Nothing is gearing up to unveil its flagship smartphone in India very soon. This new device will serve as an upgrade from the Nothing Phone 2, which was launched in 2023. Last week, the company teased the upcoming launch, and now, CEO Carl Pei has revealed the anticipated price for the Nothing Phone 3. It’s set to…

Q4 results on May 14: Eicher Motors, Tata Power, Lupin, Apollo Tyres, Muthoot Finance, Jubilant Foodworks, Shree Cements, Sagility, and Berger Paints India are among at least 116 companies scheduled to release their Q4FY25 earnings reports today.During this week, from May 12-18, over 500 companies are set to announce their Q4FY25 or March quarter results. These include flagship names such as Bharti Airtel, BHEL, GAIL, Godrej Industries, Hero Motocorp, Tata Motors, and Tata Steel, among others.Q4 Results Today: Tata Power, Eicher Motors, Lupin and more — May 14At least 75 companies are set to release their Q4 earnings on May…

Opinions expressed by Entrepreneur contributors are their own. On a busy Saturday afternoon in Mountain View, California, the line at Alexander’s Patisserie — a pastry shop known for its precision and innovation — can stretch out the door. Customers eye a display case of delicacies, from black sesame croissants to more than 20 flavors of macarons. It’s easy to assume the appeal is in the presentation, but beneath the patisserie’s viral popularity is an authentic story: one of team leadership, craftsmanship and a dedication to continuous improvement.Central to this story is Shuyao Cao, better known as Chef Shu. As the…

The evolution of India’s foreign exchange policies have been a mirror of the country’s development and its relationship with the complex yet integral, global economic landscape. Foreign Exchange Management Act, 1999 (FEMA) marked a significant shift from earlier Foreign Exchange Regulation Act, 1973 (FERA). Unlike FERA, which was primarily control-oriented, FEMA is focused on facilitating management of foreign exchange with an underlying philosophy that businesses/ individuals would be largely self-compliant with regulators acting as facilitators and post-facto evaluators, enabling responsible growth while maintaining accountability and public trust.The government nonetheless followed a “trust but verify” stance, passing on the baton of…

Gold price today: Gold rates declined significantly in the domestic futures market Wednesday morning as easing US-China trade war concerns weighed on bullion prices. MCX Gold June 5 contracts traded 0.45 per cent lower at ₹93,230 per 10 grams around 9:10 AM.International gold prices also declined on easing US-China trade war tensions.The US and China have agreed to lower tariffs by 115 percentage points on each other to 30 per cent and 10 per cent, respectively, for 90 days as talks proceed to finalise a mutual pact.According to Reuters, US President Donald Trump on Monday said he does not see…