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New car sales fall 10.4% in 2017 as used imports surge

Volkswagen remains the most popular new car brand with 13,829 registrations in 2017. Photograph: Krisztian Bocsi/Bloomberg via Getty Images New car sales were down 10.43 per cent in 2017, to 131,356, with weaker sterling driving a significant rise in used imports. While there was a fall in new car registrations, used imports rose 29.52 per cent to 93,454 last year. ... Read More »

Pixel 2 at Rs. 39,999 and More as Part of Flipkart’s Mobile Big Shopping Days Sale

HIGHLIGHTS Pixel 2 offer includes a flat discount, apart from a card-based discount Flipkart’s Big Shopping Days sale will be held from Thursday Phones like Redmi 5A, Canvas Infinity Pro to be launched in the sale The Google Pixel 2 is the company’s latest offering in the premium smartphone segment but the steep pricing has been putting off a lot of prospective ... Read More »

As India moves towards premium cars, can Dzire topple Alto?

This could be the year when the proverbial cookie in the domestic car industry crumbled. Over the last three months, India’s largest selling car for well over a decade, Maruti Alto, has been outsold by stable-mate Dzire. In the diminutive mini car’s long reign at the top, this has happened for the first time ever. As a budget-oriented value for money car, ... Read More »

Nazi forums closed as Reddit purges ‘violent content’

Reddit has closed down several extremist forums after updating its policy regarding violent content. The newly banned and removed pages include r/NationalSocialism, r/Nazi, r/whitesarecriminals and r/far_right. Reddit’s new policy says: “Do not post content that encourages, glorifies, incites, or calls for violence or physical harm against an individual or a group of people.” One legal expert has said the policy may ... Read More »

Nokia 7 Launch in China Expected on October 19 as HMD Global Sends Invites

Nokia 7 may become the next Nokia smartphone to be unveiled as the company has sent out invitesfor a launch in China on October 19. While there is no mention of which handset will be unveiled in the Nokia invite, a teaser on Tmall with the same date points to the number ‘7’, or Qi in Chinese. This has sparked the speculation that it will be Nokia ... Read More »

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 »