i

Currency market shut today on account of Buddha Purnima

the volatility in spot may continue and 75.30-75.50 will act as a strong support and we may see a bounce towards 76.50 level, says Rahul Gupta, Head of Research- Currency, Emkay Global Financial Services.




i

Buy USDINR; target of 76.20 - 76.40: ICICI Direct

ICICI Direct The USDINR pair managed to close above 76 levels as the US Dollar index moved near 100 levels. Negative tic equities and selling by FIIs are likely to keep the rupee move in check.




i

Rupee ends higher at 75.55 per dollar

The IIP numbers ahead are expected to be weak and are going to further worsen the rupee-dollar equation, says Sugandha Sachdeva VP-Metals, Energy Currency Research, Religare Broking.




i

Buy USDINR; target of 76.10 - 76.30: ICICI Direct

ICICI Direct The USDINR pair managed to close above 76 levels as US Dollar index moved near 100 levels. Negative domestic equities and selling by FIIs are likely to keep the rupee move in check.




i

Jaguar launches F-Type facelift at Rs 95.12 lakh

The mid-life update was first unveiled in 2019 and the launch was scheduled for this year, but thanks to the coronavirus, there hasn’t been a big event or any fanfare. Instead, the company silently announced the price and put the car up for sale.




i

Nokia 6.3 to come with Zeiss quad-camera setup and a top-end Snapdragon 600 series chipset

The Nokia 6.3 will likely be powered by a Snapdragon 670 or 675 mobile processor.




i

Mercedes-Benz product roadmap intact, but deferred; 2020 E-Class launch now likely next year

In a live chat with Overdrive on Instagram, Martin Schwenk, MD and CEO of Mercedes-Benz India said that while the product roadmap remains unchanged, it has been deferred. Mainly affected by this is the launch of the Mercedes E-Class facelift.




i

Volvo partners with Luminar for LiDAR tech; plans to sell self-driving cars by 2022

For those of you who don’t know, LiDAR stands for Light Detection and Ranging. It emits millions of pulses of laser light to create a 3D map of its surroundings.




i

Coronavirus impact: How digital learning is gaining acceptability among students, teachers

Indian teachers have broken the myth about their inability to use technology. We already have 3,000 schools lined up to adopt our platform, and more are joining the queue every day.




i

Nissan Kicks to launch with all-new turbo-petrol engine

The Nissan Kicks is a SUV that rivals the Hyundai Creta and the Kia Seltos and while the other two cars are already on sale with the latest emission upgrades, the Kicks is slated for a launch as soon when the lockdown period ends.




i

Coronavirus pandemic | How my boss monitors me while I work from home

One main feature of Hubstaff is an activity monitor that gives managers a snapshot of what an employee is doing. Broken down in 10-minute increments, the system tallies what percentage of time the worker has been typing or moving the computer mouse. That percentage acts as a productivity score.




i

Xiaomi Mi 10 flagship with 108 MP quad-camera setup, Snapdragon 865 to launch today

The company is also launching the Mi Box (A device that can convert a regular TV to a smart TV) and new true wireless earbuds alongside the Mi 10.




i

In Pics | Lamborghini Huracan Evo RWD Spyder: All you need to know

The Huracan Evo RWD is already distinguishable from its all-wheel-drive counterpart because of the redesigned front splitter. The Spyder, however, differentiates itself further with twin buttresses over the engine and a new rear diffuser. (Image source: Lamborghini)




i

BMW launches all-new 8-series Gran Coupe in India

This four door coupe is the pinnacle of luxury cars in BMW#39;s lineup with the added performance to boot. Unlike the 7-series however, the 8-series is designed to be sportier and the inspiration shows through.




i

Xiaomi Mi 10 5G with Snapdragon 865 SoC, 108 MP Camera, launched in India: Check Price, Specifications, Offers

The Xiaomi Mi 10 is priced in India starting from 49,999.




i

BMW launches 2020 M8 sportscar in India at Rs 2.15 crore

The M8 is now BMW’s flagship sportscar and gets two doors in addition to all the luxury that BMW offers inside two doors.




i

In Pics | Electric vehicles launched and expected in 2020

Here#39;s a look at all the electric vehicles that launched and will be launched in 2020




i

Roaming #39;robodog#39; politely tells Singapore park goers to keep apart

The remote-controlled, four-legged machine built by Boston Dynamics was first deployed in a central park on Friday as part of a two-week trial that could see it join other robots policing Singapore#39;s green spaces during a nationwide lockdown.




i

Xiaomi Mi 10 5G vs OnePlus 8 Pro: Which one should you buy?

Both phones are pretty evenly matched in terms of performance.




i

On a single track: Rail, Union Budget merged

The 92-year-old habit of presenting a separate Railway Budget has finally come to an end. Railway Budget has been merged with Union Budget. The government has also advanced the date for Budget presentation and having just one head of expenditure by merging both plan and non-plan expenditures.




i

Importance of railways goes away now: Former Rail Minister

Dinesh Trivedi, Former Rail Minister, said: "If you don’t have a separate Budget for railways the importance for railways goes away. You don’t need a railway minister, merge it with surface transport."




i

7 questions you wanted to ask about Rail, Union Budget merger

The Finance Ministry on Wednesday accepted the NITI Aayog member Bibek Debroy-initiated and Railway Minister Suresh Prabhu-backed proposal to merge the Rail and General Budgets. Here’s a quick take on the benefits and drawbacks of the merger.




i

Ending plan non-plan expenditure: What does it mean?

The government now plans to switch to a capital and revenue-spending classifications. This will help create a clear and effective link between the government’s earnings, spending and outcomes.




i

Investments for rlys won't go down after merger: Yashwant Sinha

Speaking to CNBC-TV18 Former Finance Minister Yashwant Sinha said the railways can’t be treated like any other department. "My own feeling is that the Finance Minister will have to grant a lot of autonomy to the Ministry of Railways, he said.




i

Rlys won't have to pay dividend under merged Budget: Fin Secy

Once the circular is issued Budget exercise will kick off, Finance Secretary Ashok Lavasa told CNBC-TV18. Under the contours of the merged Budget, gross budgetary support to Railways Ministry will continue, so will the commercial arrangements of Railways Ministry, he said.




i

‘Merging Budgets will bring railways to center stage of policy’

With plans to remove classification according to plan and non-plan expenditures, Shaktikanta Das says the government has already started conducting dry runs of a budget without plan and non-plan expenditures.




i

Budget overhaul: 2017 may be a breakout year for policy making

The Cabinet decision to bring forward the presentation of the union Budget and merge the Railway budget with it, along with a likely roll-out of the Goods and Services Tax from April 1 next year, could well make 2017 a breakout year for policy-making.




i

FM Jaitley takes dig at Rahul's demand for separate farm Budget

At a press briefing, Jaitley announced that the Cabinet headed by Prime Minister Narendra Modi has decided to scrap nearly a century old practice of having a separate railway budget and merging it with general budget.




i

'Merger of Budgets a step towards privatisation of Railways'

"The abolition of a separate railway budget is not what it is purported to be. It is a measure towards commercialisation and privatisation of the Indian Railways," CPI(M) Politburo said in a statement.




i

Need for Kisan Budget as PM Modi govt not paying heed to farmers

"They (farmers) fear that BJP government and Arun Jaitleyji will not give farmers their rightful share so I have asked the government to directly tell what it will do for the farmers next year", the Congress vice-president stressed.




i

Finance Ministry issues instructions for Budget 2017-18

The instructions were issued following the Cabinet decision to merge rail and general Budgets, do away with distinction between plan and non-plan expenditure, and advance date of Budget presentation with a view to complete the entire exercise before March 31, the fiscal year end.




i

Parliamentary panel to examine merger of Budgets

With the Cabinet's approving the merger of Railway Budget with General Budget, the parliamentary panel on finance has decided to 'examine' the move along with its "ramifications thereof".




i

Finance Ministry may talk to EC before finalising Budget date

The elections in five states, he said, are likely to be held in phases and the government in no way wants any of them to clash with the Budgetary exercise.




i

Uber redBus partner with ixigo for train travellers

ixigo, India’s leading mobile travel marketplace has announced partnerships with Uber and redBus to enable instant bookings for cabs and buses natively within ixigo trains app.




i

RBI latest meeting 'diluted' its old policy framework: Nomura

On Tuesday, the central bank surprised the market with a 25-basis-point cut to its policy repo rate, or the rate at which it lends to banks, to 6.25 percent.




i

Pixel launch: Is Google Assistant's AI an assault on privacy?

Sure, artificial intelligence can make life simpler by suggesting you places to eat, tell you weather, or even crack a joke. The more you use it, the more it learns about your habits and preferences. The protocols pertaining to artificial intelligence, or the lack of it, make our data less secure and more vulnerable.




i

Tech up to a healthier world

Sensors, 3D printed skin, wearables, reconstructed organs, revolutionized clinical trials, personalized medicine and what not – get ready for a new era of healthcare




i

Up over 200% in 1 year, what's buzzing with Borosil Glass?

Shares of Borosil Glass Works have increased threefold over the past one year as the company has posted strong revenue and EBIDTA growth over the past few quarters.




i

Steel stocks rally as govt extends MIP on 66 steel products

Stocks like Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel gained over 1 percent from previous close.




i

Why you should not be always chasing returns

Most people focus on returns and chase products that offer the best returns at any point.




i

Jhunjhunwala-partnered fund buys stake in TFCI: What's buzzing?

In an interview with CNBC-TV18, Satpal Arora, MD of Tourism Finance Corporation of India (TFCI), talked about the state of business and the outlook ahead.




i

Workload in IT to come down due to AI; jobs to reduce: Genpact

But along with that the employment growth rates have started to dip, NV 'Tiger' Tyagarajan says. The percentage addition of employees in India will not be same as past. And due to advancements, a workforce with higher skill sets is required for the IT industry, he says.




i

Flipkart records highest-ever single day sale, grosses $200mn

This is the biggest ever single day sale for Bangalore-based Flipkart, since the time the company started in 2007.




i

Subramanian Swamy seeks ban on import of cement from Pakistan

"Allowing imports of cement from Pakistan, therefore, carried with it the additional risk in that it provides an effective cover for smuggling of contraband goods and harmful weapons and ammunition concealed in cement bags which comes in rakes and trucks, in the hands of disruptionist elements," he said.




i

Endurance Technologies IPO opens: Should you subscribe?

The Aurangabad-based company aims to mop up nearly Rs 1,162 crore (at higher end of price band) by diluting 17.5 percent stake through the issue that will close on October 7. It already raised Rs 348.52 crore through anchor investors' portion on Tuesday, the day before issue opening.




i

Cautiously optimistic on India; eyeing earnings revival: Sanger

Global liquidity tailwinds are unlikely to get any better from now and that makes Arvind Sanger, Managing Partner at Geosphere Capital Management “cautiously optimistic” on the Indian markets.




i

Scope for meaningful rate cuts going ahead: Neelkanth Mishra

Credit Suisse' Neelkanth Mishra expects repo rate to fall to a decade low in the coming quarters. He says that beginning December the market may see a robust and widespread pick-up which may boost indices.




i

Automation threatens 69% jobs in India: World Bank

"In large parts of Africa, it is likely that technology could fundamentally disrupt this pattern. Research based on World Bank data has predicted that the proportion of jobs threatened in India by automation is 69 percent, in China it is 77 percent and in Ethiopia, the percentage of jobs threatened by automation is 85 percent," he said.




i

Bond bull market may pause but is far from over: Expert

The benchmark 10-year government-security yield remained stuck in 8-7.5 percent range through all of 2015 and half of 2016, moving lower to sub-7 percent only when the RBI promised in April to reduce the system's liquidity deficit. The yield may now fall more.




i

Moneycontrol Exclusive: Govt plans overhaul of tax administration for smooth GST rollout

The government has readied plans for a major change in India’s tax administration structure, including overhauling the Central Board of Excise and Customs (CBEC) to ensure a glitch-free roll-out of a nation-wide goods and services tax (GST).