Indian rupee expected to regain strength in coming months

Indian rupee expected to regain strength in coming monthsThe Indian rupee, which last week slipped to its record low of more than 65 against the US dollar, is expected to regain strength in the coming months.

Economists are of the view that the government's various ongoing efforts would help rupee regain strength against the greenback and revert below 60 to the US dollar.

28 mega projects expected to be cleared in CCI’s Monday meeting

28 mega projects expected to be cleared in CCI’s Monday meetingThe Government's Cabinet Committee on Investment (CCI) is meeting on Monday to discuss 28 mega investment projects worth Rs 172,000 crore.

Sources, with direct knowledge of the matter, said that most of these investment projects were expected to get cleared by the committee.

Of the mega investment projects, 18 are power plant projects worth nearly Rs 82,000 crore. These projects have long been stuck over various issues related to FSAs (fuel supply agreements).

'Madras Cafe' earns over Rs.20 crore; viewers call it intelligent

Madras-CafeNew Delhi, Aug 26 : Shoojit Sircar-directed "Madras Cafe", which courted controversy after Tamil activists alleged that the political thriller presents LTTE cadres as terrorists, has not only impressed audiences, who tag it as an "intelligent film", but also collected over Rs. 20 crore in three days.

Trade analyst Taran Adarsh tweeted that the movie, which released Aug 23 on 1,200 screens, collected over Rs. 20 crore within three days of its release.

White-label ATM rollout may take more time

White-label ATM rollout may take more timeThe roll out of white-label automated teller machines (ATM) may still take a long time as most of the successful applicants are not still unready to start operations, a Reserve Bank of India (RBI) official said.

White-label ATMs are teller machines that don't have a label of a particular bank as these machines are installed and operated by non-bank entities. In simple words, these machines offer services to customers of all banks.

New vaccine launched to battle typhoid

Typbar-TCVHyderabad, Aug 26 : Bharat Biotech, a leading biotechnology company specializing in vaccines, Monday launched a new vaccine for typhoid that can be given to infants below two years of age and to adults too.

Typbar-TCV is said to be the world's first clinically proven typhoid conjugate vaccine which can provide long term protection to adults as well as children six months old and above.

Chennai auto-rickshaws to be equipped with GPS & electronic digital printers

Chennai auto-rickshaws to be equipped with GPS & electronic digital printersTamil Nadu Chief Minister J Jayalalithaa on Sunday announced that all auto-rickshaws in the state's capital Chennai would be equipped with new meters having global positioning system (GPS) and an e-digital printer.

Jayalalithaa also announced that all the auto-rickshaws in the capital would be fitted with the meters by the government, free of cost.

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