Hosur based two-wheeler manufacturer TVS Motor Company has confirmed that the company is working on introducing hybrid and electric scooters and said that the new hybrid scooter will make its market debut in India in December 2017. The hybrid scooter will be powered by both battery and petrol. TVS also confirmed that it will introduce an electric scooter as soon as in March 2018. The company has been working on electric bike for over six years now, Venu Srinivasan, Chairman and MD, TVS Motor Company said “Last month we have decided to unwrap our electric push. The main obstacle of it has been the life of lead acid battery”.

The Reserve Bank of India (RBI) on Friday announced sale of government securities worth Rs 10,000 crore via open market operations (OMO) which will be conducted on August 29. An OMO sale is conducted to suck excess liquidity from the system while an OMO purchase is done to infuse liquidity. The RBI is selling five different securities — 7.28% GS 2019, 8.79% GS 2021, 7.16% GS 2023, 8.33% GS 2026 and 8.60% GS 2028. This is the fourth OMO sale announced by the RBI this financial year. The first one was announced on June 30.

WASHINGTON: India is "behaving like a mature power" in the Doklam standoff in the Sikkim section and making China look like an adolescent throwing a tamper tantrum, a top American defence expert has said.

India and China have been locked in a face-off in the Doklam area for the last 50 days after Indian troops stopped the Chinese People's Liberation Army from building a road in the area.

The State Bank of India (SBI), India's largest lender, reported on Friday a consolidated net profit of Rs 3,105.35 crore for the 3-month period that ended on June 30. This is the first quarterly result after the merger of its five associate banks and Bharatiya Mahila Bank, which took effect on April 1, 2017.

But the large accretion of bad loans was a dampener to an otherwise smooth exercise. The fresh bad loan additions during the quarter were about Rs 26,249 crore, taking the gross non-performing assets (NPAs) of the bank to Rs 1,88,068 crore. Arundhati Bhattacharya, Chairman, SBI, said, "About 95 per cent of the quarter's slippages are from the watch-list.

Multi Commodity Exchange (MCX) will launch the country's first gold options contract in September allowing even smaller players in the bullion industry an instrument to hedge their risk, a senior company official told Reuters.

"Somewhere around end September we will launch gold options. We have already conducted mock drills," Murgank Paranjape, managing director of MCX, said on the sidelines of a conference.

The most interesting – and the most heartening – bit about Akshay Kumar’s latest, Toilet: Ek Prem Katha, is that it’s devoid of a villain. We don’t need one, the film suggests at one point, for we’ve been letdown by our people’s insistence on “sabhyata (civility)” and “sanskriti (culture)”. It’s an argument that merits some attention, more so because it comes in a Kumar film, which is usually known for its nationalist fervour. It’s also a rare instance of a Hindi film looking inwards, telling us that instead of holding someone else responsible for the quandary we find ourselves in, maybe we ought to look in the mirror more often. It’s a pity, however, that this line of inquiry, or introspection, pops up in a film that doesn’t have a lot going for it otherwise.

It seems Bollywood is the reason why the Internet Archive (archive.org), an online digital library that allows people to find archived versions of webpages via a free service called the Wayback Machine, is blocked in India.

Since August 8, 2017, many Indians have reported they've been unable to access the Internet Archive. Users have received this message when attempting to go to the site:

TVS Motors is planning to launch new hybrid and electric vehicles in the near future. The hybrid vehicle will be launched by the end of 2017, while the electric vehicle is expected to be launched by February or March 2018.

TVS Motor Chairman Venu Srinivasan said that the company has been working on an electric bike for over six years now.

The State Bank of India has rolled out a new system of credit assessment for the small and medium enterprises in a bid to ease the availability of credit to the sector.

The new system will internally evaluate SMEs having a loan requirement of Rs 50 lakh and above on the basis of cash flow rather than balance sheet of the firm.

Microsoft today announced a new version of Windows 10 that’s specifically geared toward professional users that use high-end hardware to support mission-critical workloads. As rumored, Windows 10 Pro for Workstations will feature Microsoft’s server-grade file system (the Resilient File System), support for persistent memory (NVDIMM-N), faster file sharing with SMB Direct and support for high-end hardware with up to 4 CPUs and 6TB of memory.

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