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As India switches to BS-VI, sub Rs 10 lakh petrol cars may gain

As India switches to BS-VI, sub Rs 10 lakh petrol cars may gain

Finance
Mumbai: Petrol-run vehicles priced below Rs 10 lakh are likely to be the initial gainers when India transitions to Bharat Stage-VI emission standards in April, according to industry executives and experts. Factors that are expected to work against diesel vehicles include price hikes that would likely be sharper than on petrol-run models and continuing uncertainty over the availability of BS-VI compliant fuel across the country. Companies that focus on large diesel-powered utility vehicles could therefore take a bigger hit, at least initially, than those that specialise in petrol. Introduction of BS-VI would impact the sub Rs 10 lakh and the Rs 10 lakh-plus price bands differently, said Vinay Raghunath, partner and leader, automotive, EY. “In the first category, OEMs have already announced
West Ham 1-3 Arsenal: Gunners gain first win under Freddie Ljungberg

West Ham 1-3 Arsenal: Gunners gain first win under Freddie Ljungberg

Sports
Arsenal came from behind to end their nine-match winless streak as Freddie Ljungberg enjoyed his first victory as interim manager at the expense of his former club West Ham.Eighteen-year-old Gabriel Martinelli marked his full Premier League debut by side-footing an equaliser which cancelled out Angelo Ogbonna's deflected first-half opener at London Stadium.Within nine minutes, Nicolas Pepe had curled a magnificent second into the top corner and Pierre-Emerick Aubameyang fired in a third. The salvo turned the game on its head and piled the pressure on West Ham boss Manuel Pellegrini, whose side have taken four points from their past nine league games and conceded three times in three successiv...
Survey finds gain in endangered red squirrel population

Survey finds gain in endangered red squirrel population

Technology
Wildlife officials say an endangered squirrel subspecies in southeastern Arizona is fighting its way back after much of its mountain habitat was burned by a 2017 wildfireByThe Associated PressNovember 16, 2019, 5:17 AM1 min read Wildlife officials say an endangered squirrel subspecies in southeastern Arizona is fighting its way back after much of its mountain habitat was burned by a 2017 wildfire. The Arizona Game and Fish Department says the Mount Graham red squirrel’s population is stabilizing, with a 4% increase recorded in September during an annual survey that produced an estimate of 78 squirrels, up from 75 in 2018. According to the department, the population peaked at about 550 in the late 1990s. Before the 2017 wildfire, the population ranged between 200 and 300. Terrestrial wildli
New home loan takers to gain instantly from RBI cut

New home loan takers to gain instantly from RBI cut

Finance
NEW DELHI: New home loan borrowers are set to immediately gain from the latest round of rate reduction by RBI but existing borrowers can get the benefit of repo-linked rates by paying legal and administrative charges, which has been waived by certain banks but others are charging as much as Rs 10,000. On an average, home loan rates are likely to fall by 25 basis points for new borrowers, and the gain can be higher for those who have not migrated so far from marginal cost of lending (MCLR) -linked loans to those linked to RBI's repo rate and doing so now. To take the benefit of the new system, existing borrowers, whose interest rates are pegged to the bank's MCLR, will have to migrate to the new system. For this, banks are charging legal and administrative charges, which varies from nil to...