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Solar-Powered Family Car Hailed As ‘The Future’. Here’s Why

Dutch car ‘Nuna 9’ was competing in against slick, single-seat aerodynamic vehicles (AFP) ADELAIDE, AUSTRALIA: A futuristic Dutch family car that not only uses the sun as power but supplies energy back to the grid was hailed as “the future” Sunday as the World Solar Challenge wrapped up. The innovative bi-annual contest, first run in 1987, began in Darwin a ... Read More »

Toyota seeking to halve Japan car models as domestic market shrinks

 Toyota Motor Corp is aiming to halve the number of car models it sells at home by 2025, a person briefed on the matter said – the second time this month that a Japanese automaker has emerged with plans to sharply scale back in a shrinking domestic market. Car sales in Japan have been on a declining trend for more ... Read More »

China is considering major investments in European finance as part of its global spending push

After ports and industrial parks, the deal makers leading China’strillion-dollar push to build a modern Silk Road are turning to the financial sector, targeting Europe’s banks, insurers and asset managers to tap funds and expertise. Jason Lee | Pool | Getty Images China President Xi Jinping attends a news conference at the Belt and Road Forum for International Cooperation on May 15, 2017 in Beijing, ... Read More »

iPhone SE Available on Paytm Mall for as Low as Rs. 19,990 With Cashback Offer

iPhone SE is one of the most affordable Apple smartphones that can be purchased in India right now, and the 32GB model can now be purchased for Rs. 22,990 from Paytm’s online retail store. Additionally, Paytm is also offering a Rs. 3,000 cashback on the purchase that would effectively bring down the price of the iPhone SE to Rs. 19,990. While the iPhone SE ... Read More »

Facebook Stock Hits Record High As Mobile Ad Sales Soar

Facebook surpassed 2 billion active monthly users recently Facebook Inc reported steady and steep quarterly revenue growth on Wednesday, as the world’s largest social network attracted more advertising dollars to its mobile empire, sending its shares to an all-time high. Facebook, which surpassed 2 billion active monthly users recently, owns four of the most popular smartphone apps on the planet: its ... Read More »

L&T Finance net soars 49% as advances surge

MUMBAI, JUL 26:   L&T Finance Holdings, financial services arm of the engineering major L&T, today reported consolidated net profit growth of 49 per cent at Rs. 309 crore for the three months to June driven by higher advances that clipped at 96.4 per cent and better asset quality. This is the fifth consecutive successful quarter for the company after many quarters of ... Read More »

Bitcoin swings as civil war looms

The value of the virtual currency Bitcoin has always been volatile. Even so, there has been particular turbulence in recent days as fears of a “civil war” among its adherents first grew and then subsided, although they have not gone away altogether. On Sunday, the value of one bitcoin dropped to about $1,863 (£1,430) before bouncing back to $2,402 on ... Read More »

Now, buy real estate as a structured financial product

After three tsunamis of demonetisation, RERA and GST, the real estate market is coming up with innovative offers with structured deals woven together for investors. The deals involve projects wherein the developer agrees to buy back the units at pre-determined returns if the desired sales rate is not achieved within a pre-defined period. The investor has the option to go ... Read More »

Mercedes-Benz India climbs up the ladder in overall car market as well

MUMBAI: The three-pointed star, the leader in India’s luxury-car space, is steadily climbing up the ladder in the overall automobile market as well. Mercedes-Benz sold more vehicles in India in the first six months of 2017 than brands such as Fiat, Nissan and Chevrolet, which offer much cheaper, including entry-level, cars here. And, Skoda, with its more affordable line of ... Read More »

Jeremy Corbyn promises lifelong free education as he demands an overhaul of the economy to stop private firms using technology to destroy jobs

Free lifelong education will be made available under Labour, Jeremy Corbyn vowed today as he demanded the state seize control of more of the economy. The Labour leader said private firms would destroy jobs if left unchecked as he warned ‘public institutions’ were needed to manage ‘rapid technological change’. In a speech to the British Chambers of Commerce, Mr Corbyn ... Read More »