Thursday, Apr 26, 2018 | Last Update : 04:52 PM IST

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Scooter will be launched either towards the end of May or by early June 2018 at an estimated price of Rs 70,000 (ex-showroom).

Suzuki Burgman Street 125 launch details revealed

DC CORRESPONDANT | PTI

It would become the only maxi-styled scooter on sale in India when launched.

The second-generation Honda Amaze is available in four variants with the option of a CVT automatic with both its petrol and diesel engines.

Honda reveals specifications of the 2018 Amaze

DC CORRESPONDANT | PTI

The petrol engine now develops 90PS (1199cc instead of 1198cc), 2PS more than the previous model.

Total income grew 27.8 per cent to Rs 7,163.95 crore as against Rs 5,606.38 crore in the same quarter of 2016-17. (Photo: PTI)

Yes Bank Q4 net profit surges 29 per cent at Rs 1,179 crore

Facebook Inc (FB.O) shares rose on Wednesday after the social network reported a surprisingly strong 63 per cent rise in profit and an increase in users.

Facebook's rise in profits, users show resilience after scandals

Commerce and Industry Minister Suresh Prabhu.

Disappointed over US plans to tighten visa norms: Suresh Prabhu

Various parties which have shown interest in the Air India privatisation process, have raised significant and important issue related to the disinvestment and the government will reply to them, says R N Choubey.

Important queries raised by parties on Air India disinvestment: Choubey

The government is considering a national policy on retail trade with a view to ensuring orderly growth of the fast growing sector.

Govt considering national policy for retail trade

Ford India on Thursday launched a compact utility vehicle Freestyle with introductory price starting at Rs 5.09 lakh (ex showroom).

Ford drives in Freestyle with price starting at Rs 5.09 lakh

Innovative technologies and models which are corruption-free will help fulfil the Prime Minister's New India vision, Road Transport Minister Nitin Gadkari said on Thursday.

Innovative technologies to help fulfil New India vision, says Gadkari

The government will soon acquire the stake of Reserve Bank of India in housing finance regulator National Housing Bank (NHB), sources said.

Govt to soon acquire RBI's stake in National Housing Bank

The Reserve Bank of India on Thursday fixed the reference rate of the rupee at 66.8299 against the US dollar and 81.3788 for the euro.

RBI sets rupee reference rate at 66.8299 against US dollar

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Tinder tales: Here's the secret ingredient to get that first date

IPL 2018: Virat, MS Dhoni battle it out in middle, Anushka, Sakshi cheer from stands

Anushka Sharma (right) and Sakshi Dhoni (left) were seen cheering from the stands at M. Chinnaswamy Stadium. (Photo: BCCI)

British Sikh MP launches campaign for direct Amritsar-London flights

'In 2016, even with no direct connectivity, approximately 1.89 lakh passengers (517 per day) travelled between Amritsar and the UK as transit passengers, via other Indian and foreign airports. The demand is there and we hope the supply will come soon,' Dhesi said. (Photo: PTI)

17 commoners who have married into royal families

Britain's Prince Harry (L) and his US fiancee Meghan Markle attend a service of commemoration and thanksgiving to mark Anzac Day in Westminster Abbey in London on April 25, 2018. (Photo: AFP)

Here are two mango recipes to make summer sweeter

Ripe, succulent and absolutely divine, not only are mangoes one of the most looked forward to fruits of the season, but can be modified into an array of mouth-watering dishes as well. (Photo: Pixabay)

ICC World Cup 2019: Schedule, venues, match-timings to be announced today

Virat ohli's India will be playing their first match of the World Cup against South Africa on June 5. (Photo: AFP)

ICC Cricket World Cup 2019: Here's is the likely schedule, venues

India are expected to play their first match of the World Cup against South Africa on June 5. (Photo: AFP)

Snapchat introduces Snappables – a new form of Lenses with AR

These Snappables are activated by your facial expressions and movements.

Astrum launches PAD CW300 — a wireless charging pad

The Astrum Pad CW300 wireless charger comes with a price tag of Rs 3,499.

George RR Martin to release 'Game of Thrones' prequel

The Game of Thrones author has not yet finished the novel which will follow 2011's A Dance With Dragons in the series. (Photo: AP)

Gallery

Over the years, the taste of Indian SUV buyers has changed a lot. While big and bulky SUVs used to be the popular choice earlier, nowadays, compact SUVs are the ones dominating the SUV space. In sync with the trend, we bring you a list of top five such SUVs that are priced in the Rs 10-20 lakh bracket. (Source: CarDekho.com)

Top SUVs to buy under Rs 20 lakh

Top SUVs to buy under Rs 20 lakh

More Galleries

Over the years, the taste of Indian SUV buyers has changed a lot. While big and bulky SUVs used to be the popular choice earlier, nowadays, compact SUVs are the ones dominating the SUV space. In sync with the trend, we bring you a list of top five such SUVs that are priced in the Rs 10-20 lakh bracket. (Source: CarDekho.com)

Top SUVs to buy under Rs 20 lakh

The new Elite i20 is quite similar to the outgoing model. That said, it has got just enough to set it apart from its predecessor and make it a worthy update. Let’s take a closer look at the new car and see what it packs, starting with its prices. (Source: CarDekho.com)

Hyundai Elite i20: First look review

Auto Expo 2018 opened to a big start with the reveal of Maruti Suzuki’s Future-S concept, which previews the design language of future Maruti small cars. In addition, the carmaker also launched the new Swift and an electric car concept. But the Auto Expo is not just about Maruti. There some interesting products from Honda, Toyota, Tata and Mahindra too to watch out for. Here are the 10 cars that we’ve shortlisted for you to have a closer look. (Source: CarDekho.com)

10 cars not to miss at Auto Expo 2018

The sales of SUVs have spiralled upwards in the last couple of years and 2018 promises to be no different. Several new SUVs from various car manufacturers are set to rain down on us so that the Indian car buyer is spoilt for choice. The list comprises of several new models, the reintroduction of discontinued ones and facelifts of existing ones. Without further ado, let’s get down to business and take a look at all the new SUVs that are set to be launched this year. (Source: CarDekho.com)

SUVs that we expect in India in 2018

Autos

Japanese automakers that rely heavily on exports to sell their models in the United States would be hardest hit by trade restrictions.

Asia a bright spot for Japan carmakers facing sluggish US trade concerns

GSX-S750 priced at Rs 7.45 lakh (ex-showroom Delhi).

Suzuki Motorcycle drives in GSX-S750 in India

The Bespoke Collective of the House of Rolls-Royce has conceived a darker iteration of Black Badge Wraith and Dawn, presented in a limited collection, named Adamas. (Photo: ANI)

Adamas collection takes Rolls-Royce Black Badge into further darkness

Triumph Motorcycles India eyes 10 per cent growth First TVS Apache Owners Group south chapter meet ends 2018 Honda Amaze’s launch date out

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Companies

Tech major Adobe is betting big on sectors like banking and financial services and hospitality to drive its growth in India.

Adobe bets on banking, hospitality to drive growth in India

The cuts will result in job losses and include a scaling-back of its business with hedge funds.

Deutsche Bank announces major overhaul of investment bank

Nokia on Thursday posted weaker-than-expected quarterly profits as telecom operators, particularly in North America, held off spending.

Nokia posts sharp quarterly profit fall, sees 5G accelerating

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block in West Bengal.

Essar Oil and Gas to invest Rs 900 cr in CBM block

The software services firm had registered a profit of Rs 2,267 crore in the year-ago period.

Wipro falls nearly 5 per cent after disappointing Q4 earnings

Facebook had said that globally personal information of up to 87 million users, mostly in the US, may have been improperly shared with Cambridge Analytica.

Centre sends fresh notice to Facebook

The company claimed that its digital revenue grew 9 per cent sequentially and 27.6 per cent on a year-on-year basis in Q4 constituting 26.7 per cent of its revenue.

Clients’ bankruptcies pull down Wipro’s quarterly net

Shares of Bharti Airtel rose by over 3 per cent on Wednesday.

Airtel shares gain over 3 per cent; mcap rises by Rs 5,477 cr

Economy

US-India economic engagement is underperforming in spite of the progress that has been made over the past 30 years. (Photo: PTI)

Need for serious negotiations on US-India free trade agreement: experts

Currency withdrawals in the January-March quarter were at Rs 1.4 lakh crore, about 27 per cent more than in the same quarter of 2016.

Currency hoarding on despite govt, RBI assurance

Banks' credit rose 11.52 per cent year-on-year to Rs 84,78,459 crore in the fortnight ended April 13, RBI data showed.

Bank credit grows at 11.52 per cent, deposits at 7.96 per cent

Reserve Bank of India to hike rates in June policy: report Finance ministry won’t favour cut in fuel duty Infra lending may take a back seat as RBI refuses to budge on new NPA rules

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Market

The BSE Sensex rebounded by over 212 points on Thursday to end at a nearly three-month high of 34,713.60 on buying by domestic investors in FMCG, IT, banking and consumer durables stocks amid a strengthening rupee.

Sensex zooms 212 pts, Nifty tops 10,600

Realty, metal, healthcare, infrastructure, auto,FMCG and power sectors led the recovery.

Sensex recovers 57 points ahead of F&O expiry

A higher opening in the domestic equity market influenced the rupee uptrend. (Photo: PTI)

Rupee recovers from 14-month low in opening trade

The yellow metal on Wednesday hit a low of $1,318.51 an ounce, its lowest since March 21.

Gold hovers near 5-week lows amid dollar pressure, rising yields

US West Texas Intermediate (WTI) crude futures were up 31 cents, or 0.5 percent, at $68.36 per barrel.

Oil prices rise on concerns over supply disruptions

Benchmark Sensex fell over 115 points while the Nifty closed below 10,600 on Wednesday amid weak global cues and unabated foreign fund outflows.

Sensex sheds 115 points on weak global cues, profit-booking

The Reserve Bank of India on Wednesday fixed the reference rate of the rupee at 66.6983 against the US dollar and 81.4253 for the euro.

RBI sets rupee reference rate at 66.6983 against US dollar

Crude oil futures fell 0.22 per cent to Rs 4,520 per barrel on Wednesday.

Crude oil futures fall 0.22 per cent on weak global cues

In Other News

Mittal also made a strong case for reducing interest rates by 100 basis points or 1 per cent to help the industry.

Allow promoters to bid under IBC if not willful defaulters: CII

India will work to create a network with other major oil buyers in Asia, such as China, South Korea and Japan, to negotiate better terms with sellers, the country’s Oil Minister Dharmendra Pradhan said in New Delhi on Thursday.

Govt will network with major oil buyers to negotiate with sellers

Iran's semi-official Mehr news agency is reporting that authorities have ordered network providers to stop hosting the popular social-messaging app Telegram.

Iran orders providers to stop hosting Telegram App: report

Leverage AI to create healthcare, education solutions: Prasad Kazakhstan introduces 72-hour free transit visa for Indian citizens Draft National Telecom Policy to be released on May 1

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