Business
Gold Prices Rise in Mangaluru; Demand for Ornaments Remains Strong
Mangaluru: Gold prices in the coastal city of Mangaluru have been reported at high levels today. The rate for 24 karat gold (99.9% purity) stands at Rs.14,962 per gram. The price for 22 karat gold (91.6% purity) is Rs.13,715 per gram. Meanwhile, 18 karat gold (75% purity) is being sold at Rs.11,222 per gram.
Mangaluru is well known for its deep cultural connection with gold. The city has a long tradition of buying and wearing gold ornaments. This tradition continues strongly even today.
Local jewellers say that demand for gold remains steady despite high prices. Many people still prefer to invest in gold for safety and long-term value. Gold is also an important part of weddings and festivals in the region.
Apart from its love for seafood, Mangaluru is also famous for its gold market. The gold trade in the city has a long history and continues to grow.
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Buyers are advised to check the latest rates before making a purchase. They can also use a gold rate calculator to get exact pricing based on weight and purity.
Experts say that gold prices may change depending on global market trends. Customers should stay updated and make careful decisions while buying gold.
New Delhi: The price of domestic LPG cooking gas cylinders has been increased by Rs 29 across India. This is the second price hike in the last three months.
The increase comes as global energy prices continue to rise due to the ongoing conflict in the Middle East.
After the revision, a domestic LPG cylinder now costs Rs 942 in Delhi, Rs 941.40 in Mumbai, Rs 968 in Kolkata, and Rs 957.50 in Chennai. In Bengaluru, the new price is Rs 944.50 per cylinder.
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The government said the cost of supplying LPG has increased significantly. However, subsidies under the Pradhan Mantri Ujjwala Yojana continue to help over 10 crore beneficiaries.
Petrol, diesel, and CNG prices have also increased in recent weeks as global fuel markets remain volatile.
Business: Honda Cars India has started delivering the new 2026 Honda City Hybrid to customers. The first car was handed over at a dealership in Bengaluru.
Honda President and CEO Takashi Nakajima attended the special delivery event. Other senior company officials were also present.
The first customer received a Crystal Black Pearl Honda City Hybrid. The car was delivered with a symbolic key and a gift hamper.
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The updated City comes with new features such as ventilated front seats and a 360-degree camera. It also offers wireless Apple CarPlay, Android Auto, and a sunroof.
The sedan is available with petrol and strong-hybrid powertrain options. Honda claims the hybrid version delivers a mileage of 27.26 kmpl.
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The Honda City competes with the Volkswagen Virtus, Skoda Slavia, and Hyundai Verna in India.
Business : Indian companies borrowed $5.43 billion from abroad in March, according to RBI data. This was 51% lower than March last year.
Experts said the weak rupee and high global interest rates made foreign loans less attractive for companies.
In the financial year 2025-26, India Inc raised nearly $43 billion through foreign borrowings. This was down from $61 billion in the previous year.
In March 2025, borrowings had crossed $11 billion due to large deals by companies like JSW Steel and Tata Semiconductor Manufacturing.
Companies are also avoiding overseas loans because hedging costs have become expensive during currency volatility.
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The RBI reportedly discussed easing foreign borrowing rules and offering hedging support, but no final decision was taken.
Market experts said the ongoing West Asia conflict has increased uncertainty, making companies cautious about raising funds from abroad.
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