TopNews

New Delhi, Aug 8 : NTPC is likely to start supplying 250 MW power to Bangladesh from next month, giving a boost to India’s power diplomacy in South Asia.

"NTPC Vidyut Vyapar Nigam (NVVN), a subsidiary of NTPC, is expected to start supplying power to Bangladesh from September 2013," the state-run power producer said.

NVVN is the nodal agency for supply of power to Bangladesh.

South Korea has launched a fleet of wireless electric buses in its southeastern city of Gumi, becoming the first in the world to test the technology on public roads.

The fleet of Online Electric Vehicle (OLEV) buses recharge wirelessly while driving on a specially-equipped 15-mile stretch of road.

Just below the surface of the road, there are electrical cables capable of magnetically transferring power to the buses. The buses have special electrical coils underside their chassis. These electrical coils collect power from the road.

Social networking giant Facebook has finally completed the roll out of its new advanced Graph Search tool to all English-speaking users in the United States. The company first started rolling out the feature for English-speaking users around a month ago.

Unveiled in January this year, the Graph Search feature provides users with a new way to mine the massive social network for getting personally relevant information.

Hero MotoCorp managing director & chief executive Pawan Munjal has expressed confidence that the two-wheeler maker would not only be able to retain its leadership but also further increase its market share in India.

Since its separation from its Japanese joint venture partner Honda Motors in December 2010, Hero MotoCorp has been suffering a gradual decline in its market share, as Honda is making steady inroads in the two-wheeler market.

New Delhi, Aug 8 : Zee Entertainment Enterprises Ltd (ZEEL) Thursday announced the launch of '& Pictures', the country's first interactive Hindi movie channel, going on air Aug 18. Apart from showing movies, it will engage audiences through various digital platforms.

Their first step towards being interactive has been the launch of instant movie-making contest -- Never &ing Movie, which has been developed by Experience Commerce (EC), a digital agency, which went live on Aug 5.

Washington, Aug 8 : US consumer credit increased at an annual rate of 5.9 percent in June, a slower gain than 7.5 percent in the previous month, the US Federal Reserve said.

Total consumer borrowing rose from a revised $2.83 trillion in May to a seasonally adjusted $2.85 trillion in June, reported Xinhua.

Revolving debt, which includes credit card spending, decreased to $853.6 billion in June, down 3.8 percent from the May figure.

The borrowing in the non-revolving category that includes auto and student loans, rose at an annual rate of 10.0 percent to $1.99 trillion.