New Delhi: Gold spurted to hit over one-week high at Rs26,675 per ten grams by gaining Rs75 at the bullion market on Saturday amid a firming global trend and increased buying by jewellers to meet seasonal demand.

Federal Reserve’s status quo on interest rates, pickup in buying by jewellers and retailers, driven by ongoing festive and wedding season, mainly resulted in the rise of precious metals prices.

Google sent out invitations to media professionals for a press event in San Francisco on September 29, where it is expected to unveil two new Nexus Smartphones and a Chromecast.

The two new Android smartphones as per a speculation will be called the Nexus 5X and Nexus 6P and will be manufactured by LG and Huawaei, respectively, as per the droid-life report.

Taxi aggregator Ola said that it introduced number masking on its platform, which will enable mobile numbers of customers to remain undisclosed to drivers.

The aggregator integrated a cloud telephony solution, which sends an encrypted number to the driver whenever a customer books a cab.

Firm global cues, US Federal Reserve decision to maintain status quo on interest rates and continued negative WPI inflation, giving renewed impetus for a rate cut by the RBI in its monetary policy review scheduled on September 29 and a sharp appreciation in rupee helped the bulls to stage a strong performance on the street. Key benchmark indices registered a sharp rise of over 2 per cent for the week ended September 18.

The BSE Sensex and NSE Nifty advanced 608.70 points and 192.60 points to 26,218.91 and 7,981.90 on September 18 from 25,610.21 and 7,789.30 on September 11.

India’s national carrier Air India, the brand that today encompasses both the erstwhile Indian Airlines and Air India, has posted a loss (Rs 5,547 crore) for the eighth successive year since its merger in March 2007.

The accumulated loss is now more than Rs 44,000 crore ($7.3 billion)–equal to India’s annual health budget–and borrowing has grown to more than Rs 38,000 crore ($6.3 billion), according to data compiled by IndiaSpend from the Department of Public Enterprises.

NEW DELHI: Japanese car major Honda has recalled over two lakh cars — comprising CR-V SUV , City and Civic sedans and the Jazz hatchback — to fix problems with airbags. This is the biggest car recall in India. The models were manufactured between 2003 and 2012.

The company will recall 2,23,578 cars to replace airbag inflators. The defective airbag inflators were supplied by tainted Japanese supplier Takata. Honda and other Japanese car makers like Toyota and Nissan had to recall lakhs of cars across the world due to defective airbags supplied by Takata.

Mumbai: The National Stock Exchange of India Ltd (NSE) informed shareholders that it has submitted a proposal to the capital markets regulator on restructuring its business to comply with listing norms for exchanges.

Mumbai: The National Stock Exchange of India Ltd (NSE) informed shareholders that it has submitted a proposal to the capital markets regulator on restructuring its business to comply with listing norms for exchanges.

"Suzuki Motor Co. will celebrate its centenary in 2020 and from now till then we will launch 20 all new products of which a majority will be produced in India," so said Toshihiro Suzuki, President of Suzuki Motor Co. while speaking to a select group of Indian journalists on the sidelines of the Frankfurt Motor Show.

Kicking off this 20-model onslaught at Frankfurt was the all-new Baleno, totally made in India for the domestic as well as the global markets.

State Bank of India (SBI) on Friday said that there is a space for rate cut by the Reserve Bank of India (RBI) at its next policy later in the month as the possibility of food prices going up in coming months is negligible.

"I do still believe that there is a space for rate cut in India. How much is difficult to state at this point of time," SBI chairperson Arundhati Bhattacharya said on the sidelines of an investor conference here.

Batting strongly for Aadhaar cards, RBI Governor Raghuram Rajan today sought greater clarity on the apex court ruling on the matter, saying its usage can help a deserving person get credit, avoid overborrowing by individuals and plug leakages.

"We need greater clarity on the matter, especially after the recent Supreme Court ruling which says having Aadhaar card is not mandatory for availing of benefits," Rajan said, stressing that the apex court is not intending to stand in the way of voluntary usage of the cards.

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