Sales of mopeds from the only manufacturer in the country — TVS Motors — has witnessed a decline since March 2017 on a year-on-year basis leading to the sharpest fall in July when it declined by a huge 19.20% to 60,589 units. During the April-June quarter of FY18, moped sales declined by 10.91% at 193,493 units against 217,201 units in the same period a year ago. However, in FY17, total domestic sales of mopeds at 890,367 units was higher than that of scooters which was at 826,291 units. According to Abdul Majeed, Partner PwC, consumers’ preferences are changing from mopeds to other two-wheelers.

Coal India Ltd (CIL) on Friday said it is expecting to garner about Rs 527 crore of additional annual revenue with revisions in sizing, loading charges and additional charges for supply of slack and steam coal.

“Coal India Ltd in its 346th Board meeting held on August 31, 2017, approved the revision in sizing charges, rapid loading silo (RLS) charges, revision in additional charges for supply of slack and steam coal,” the miner said in a regulatory filing.

The country's largest carmaker Maruti Suzuki IndiaBSE 1.53 % Limited (MSIL) on Thursday reported 26.2% increase in domestic wholesales at 151270 units for August as the company stocked dealerships anticipating festive demand.

The company had sold 119906 units in the corresponding period of the last financial year.

Zakir Musa, a former Hizbul Mujahideen commander and the head of a newly created al-Qaeda's Kashmir cell Ansar Ghazwat-Ul-Hind on Thursday said that Prime Minister Narendra Modi cannot stop them and they will hoist a flag of Islam on the Indian subcontinent.

In a 10-minute audio message released on YouTube channel Ansar Ghazwa, Zakir Musa also threatened to 'liberate' India from the rule of 'cow-worshipping' PM Modi and Hindus, reported Times of India.

The Blue Whale Challenge has claimed its first victim in Tamil Nadu in a 19-year-old college student, who hanged himself at his house, police said today.

Vigesh in a suicide note said "the game was a devastating one... Once you enter it, you would not be able to come out", they said.

Skipper Virat Kohli today described India's 168-run win over Sri Lanka in the fourth ODI as a clinical performance and said he would continue to experiment with the team's line-up in the fifth and final one-dayer.

Batting first, India posted a huge 375-5 in the fourth ODI with Kohli (131 off 96 balls) and opener Rohit Sharma (104 off 88 balls) scoring sublime centuries.

Automobile manufacturer Hyundai Motor India (HMIL) on Thursday said it has received an "overwhelming response" for the "Next Gen Verna" sedan.

According to the company, it has received more than 7,000 bookings since the launch of the sedan in India on August 22, 2017.

Mumbai: A general restraint prevailed in the stock market on Thursday with all eyes on GDP data for the June quarter as the Sensex and the Nifty both closed positive for the second day, aided by supporting overseas trend.

The indices were on their toes ahead of release of the growth numbers slated for post-market hours on Thursday. Since it was the last day for August derivatives contracts, speculators went about covering their short bets in the last lap, which kept the positivity going.

The Finance Ministry on Thursday ruled out opening another window for depositing the scrapped Rs 500 and Rs 1,000 notes, with the government now saying that it had expected all the annulled currency to be returned, in line with the latest RBI data.

While the Reserve Bank on Wednesday revealed that 99% of the Rs 15.44 lakh crore currency junked on November 8 last year had come back, some had pleaded with the government for another window to deposit their small holding old Rs 500 and Rs 1,000.

Punjab National Bank has cut marginal cost based lending rates by up to 0.25 per cent for select maturities, effective tomorrow. The state-owned lender has also slashed its base rate by 0.20 per cent to 9.15 per cent. “The bank has reduced marginal cost of funds based lending rate (MCLR) by 20-25 basis points with effect from September 1, 2017,” PNB said in a regulatory filing.

It has trimmed the MCLR by 0.25 per cent each for overnight to 7.75 per cent.

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