Bajaj Auto Thursday launched the 2019 edition of its premium motorcycle Dominar 400, priced at Rs 1.74 lakh (ex-showroom Delhi).

The new Dominar 400 comes with a liquid cooled 373.3cc engine that delivers significantly higher 40 PS power, up from 35 PS in the previous generation, the company said in a statement.

Cash on hand Rs 1.76 lakh crore and debt of Rs four lakh crore may sound outlandish, but the deliberate false declaration was made in his affidavit by a candidate for the by-election to the Perambur assembly segment in Tamil Nadu.

The figures, which sarcastically refer to the notional value of 2G spectrum scam and the debt burden of the Tamil Nadu government, were mentioned by the son of a freedom fighter in a bid to expose chinks in the Election Commission's screening process of the mandatory declaration.

The BJP has topped the chart of political advertisers on Google with an advertisement spent share of around 32%, while its rival Congress is ranked sixth with a meagre 0.14% share.

According to Google's Indian Transparency Report, released on Thursday, political parties and their affiliates have spent Rs 3.76 crore on advertisements since February 19, 2019.

Housing Development Finance Corporation Limited (HDFC) shares hit an all-time high of Rs 2,057, up 2.3 per cent, in intra-day trade on the BSE on Thursday after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6 per cent in the first bi-monthly monetary policy meet of the financial year (FY) 2019-20.

Repo rate is the rate at which the RBI lends money to the commercial banks, in case of any shortfall of funds.

For the second time in as many months, the Reserve Bank of India (RBI) on Thursday slashed repo rate by 25 basis points to 6 per cent.

The Reserve Bank of India (RBI) had reduced the repo rate by 25 basis points in February, after a gap of 18 months. A back-to-back cut in interest rate would provide relief to borrowers in the election season.

The government may blacklist Tata Motors for delaying delivery of e-buses to transport departments of six cities, according to the Economic Times. The report quoted unnamed officials as saying that the automobile major might have failed to deliver the buses on time due to battery issues and delays in manufacturing.

As reported earlier by Business Standard, Tata Motors had won tenders to supply buses to Lucknow, Jammu, Kolkata, Indore, Guwahati and Jaipur under the first phase of a programme to promote the use of electric vehicles in cities.

The Madras High Court on Wednesday asked the federal government to ban Chinese video app TikTok, saying it was “encouraging pornography”.

Created by Beijing Bytedance Technology Co, TikTok allows users to create and share short videos with special effects. It has become hugely popular in rural India, home to most of the country’s 1.3 billion people.

Congress president Rahul Gandhi will file his nomination from Wayanad Lok Sabha seat in Kerala around 11.30 AM on Thursday. The Congress chief is contesting from Wayanad in addition to his traditional stronghold of Amethi in Uttar Pradesh.

Mr Gandhi will be accompanied by senior Congress leaders including his sister and AICC in-charge of eastern Uttar Pradesh, Priyanka Gandhi.

The rupee opened 12 paise lower at 68.53 against the US dollar on Thursday. The domestic currency surged by 33 paise to close at 68.41 amid the greenback's weakness against key rivals overseas, even as oil prices firmed up on supply concerns.

It was the third straight session of gain for the domestic currency, during which it has strengthened by 89 paise.

Reliance Industries (RIL) said on Wednesday its subsidiary Reliance Jio Digital Services had entered into a strategic transaction with Haptik Infotech, a conversational artificial intelligence (AI) platform that will build India’s largest AI assistant company across chat, voice and regional languages.

The company said the transaction size (including investment for growth and expansion) is estimated to be Rs 700 crore, with Rs 230 crore as the consideration for the initial business transfer.

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