India's foreign exchange reserves witnessed a substantial increase of $5.17 billion, reaching $696.65 billion for the week ending June 6, reversing the previous week's decline. This surge was fueled by gains in foreign currency assets and a significant rise in gold reserves. The robust reserve position is expected to bolster the RBI's efforts to stabilize the rupee amidst global volatility.
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Apple CEO Tim Cook may have hinted at iPhone price hike, here's what he said
Apple's CEO, Tim Cook, has indicated that rising computer memory costs are increasingly impacting the company's finances. While Apple absorbed initial increases, significantly higher expenses are expected from the June quarter onwards. This situation, coupled with supply chain issues for advanced processors affecting Macs, suggests potential price hikes for consumers as Apple explores various options. from Times of India https://ift.tt/rnhcE7O via IFTTT
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