Apple kicks off critical holiday season with watch that monitors blood oxygen

Apple Inc on Tuesday introduced a new Apple Watch Series 6 that monitors blood oxygen and starts at $399, kicking off a fall product lineup for a holiday shopping season that will be unlike any other due to Covid-19. Apple is also introducing a low-cost Apple Watch SE starting at $279 that does not monitor blood oxygen saturation. Apple was expected to update several products including iPads and headphones at an event on Tuesday broadcast from its Cupertino, California, headquarters. Its biggest seller – the iPhone – is expected to…

After saying no, Toyota says yes to expansion plan in India

Toyota Motor Corp. said on Tuesday that it remains committed to the Indian market and its local unit announced an investment of more than ₹2,000 crore, just hours after a report cited a top company official as saying that the company will halt its expansion plans because of high taxes on cars. “The future of sustainable mobility is strong here in India and Toyota is proud to be part of this journey. We are investing 2000+ crore towards the electrification of vehicles,” Vikram Kirloskar, vice-chairman of Toyota Kirloskar Motors, the…

Indian spot gold rate and silver price on Sep 16, 2020

An increase of 0.02% in spot gold price in India was seen since yesterday, taking the value to Rs. 51460.0 from Rs. 51450.0. It was also higher than the previous week average of Rs. 50805.71 by 1.29%. Although the gold price in both global($1959.9) as well as Indian market(Rs. 51460.0) experienced a growth, the spot gold prices in Indian market grew by a lesser rate of 0.02% as compared to Global gold prices of 0.31%. Gold and other precious metals on Sep 16, 2020 Global spot prices continued to grow…

SBI changing rules for OTP-based cash withdrawal facility from September 18

From September 18, the State Bank of India (SBI) customers will be able to avail the one-time password (OTP) based cash withdrawal facility throughout the day. This facility allows SBI’s customers to withdraw Rs 10,000 and above from its ATMs by entering an OTP sent on their registered mobile number, along with their debit card PIN each time. Active since January 1, 2020 for the purpose of extra security, this service can currently be availed between 8 PM-8 AM. “With the introduction of 24×7 OTP-based cash withdrawal facility, SBI has…

The return of the native rice variety

R. Yuvasenthilkumar, a post-graduate in organic agriculture, near Modakurichi in Tamil Nadu, used to raise paddy varieties such as IR 20 and ADT 38 on his two-acre farm till 2012. Having developed an interest in native varieties — specifically, ones that grow without the use of fertilizers — he went on a quest for almost a year looking for such paddy varieties. He tried cultivating varieties from the delta areas. However, the yield was not satisfactory. Then, he learnt from elders in his locality that before the 1970s, they used…

India delays levying retaliatory tariff on U.S. goods to June 16

India delayed on Tuesday the implementation of higher tariffs on some goods imported from the United States to June 16, according to a government statement.The new duties were to come into force from May 16.Angered by Washington’s refusal to exempt it from new steel and aluminum tariffs, New Delhi announced in June last year a plan to raise the import tax on U.S. products such as almonds, walnuts and apples.But since then, New Delhi has repeatedly delayed the implementation of the new tariffs.

India has scope for reducing untargeted food, fertiliser subsidies: IMF

There is a lot of scope in India for reducing untargeted food and fertilizer subsidies and enhancing revenue administration, the IMF has said.“When one looks at some of the populist proposals announced by political parties during this election season, the important thing is to look at the benefits but also look at the costs and to look at the details,” Paolo Mauro, Deputy Director, the International Monetary Fund’s Fiscal Affairs Department, told reporters at a news conference here on Wednesday.“Certainly, when one looks at the case of India, there is…

Volkswagen launches Ameo Corporate edition at Rs 6.69 lakh

German auto major Volkswagen Friday said it has launched a new version of its compact sedan Ameo in India, priced at Rs 6.69 lakh (ex-showroom). The Ameo Corporate edition has been introduced to cater to corporate and business customers, the company said in a statement.”Through the Ameo Corporate edition, we aim to offer globally renowned standards of safety, quality and fun-to-drive experience to all our customers,” Volkswagen Passenger Cars Director Steffen Knapp said.The petrol trim of the model is priced at Rs 6.69 lakh, while the diesel trim is tagged…