Aluminium on MCX settled down -0.84% at 124.6 on profit booking tracking LME prices fell 0.5 percent amid rise in Shanghai stocks after prices seen supported after news that Xinjiang Jiarun Resources shut down 200,000 mt of disqualified aluminium capacity. Prices seen supported in the week as supporting prices was the inventory draws from London Metal Exchange warehouses, but a rise in Shanghai stocks on Friday limited this bullish sentiment. Still, overall LME holdings are sitting at just 1.7 million tons. Inventories in Shanghai, meanwhile, are at their highest in about a year. Meanwhile, China’s total March aluminium production rose to 2.707 million tons from 2.534 million in February.

Nickel on MCX settled down -1.31% at 604.8 on profit booking tracking weakness in LME prices dropped by 1.5 percent to $9,345 as a smaller discount indicates tighter supply. The discount of LME cash nickel to the three-month contract shrank to $50 a tonne from $67.50 late last month, the largest since January 2015. World's nickel market was in deficit of 20,000 tonnes during the first two months of 2017, according to latest data from World Bureau of Metal Statistics (WBMS). According to WBMS, the supply deficit was 62,000 tonnes for the whole year of 2016. Refined production from January to February 2017 was 272,100 tonnes and demand was 292,200 tonnes.

Zinc on MCX settled down -1.91% at 166.65 tracking LME prices closed 1.8 percent lower at $2,584 as recent price gains have spurred miners around the world to increase output. World Bureau of Metal Statistics (WBMS) data show global zinc market was in 177,000 tonnes of deficit during January and February 2017, compared to 258,000 tonnes of deficit in 2016. Global refined zinc output added 6.0% year-on-year in the first two months of the year. Consumption was up 7%, with 87,000 tonnes from Japan, up 16% year-on-year. Global refined zinc demand increased 143,000 tonnes on a yearly basis during January-February. China’s apparent zinc consumption was 967,000 tonnes, representing 44% of global total.

Copper on MCX settled down -0.32% at 363 as worries over political instability and global demand prompted investors to cut bets on higher prices. Three-month copper on the London Metal Exchange closed flat at $5,622.50 a tonne, leaving it down 1.2 percent in the week. Investors have overestimated global growth and the impact of supply disruptions at major copper mines. The global refined copper market had a 51,000 tonne surplus in January, up from a 44,000 tonne surplus in January last year, the International Copper Study Group (ICSG) said. But the strike at the Escondida mine in February-March meant "next month's report should reflect a tighter market".

Naturalgas on MCX settled down -1.08% at 201.2 as momentum-based traders pile on to a recent losing skid tied to a weak time of year for demand. A late-winter rally has been followed up by a steady retreat throughout April, a time of year when temperate weather often lowers demand for the heating fuel. Further downside price action is also suggested by the recent failure against the upward sloping trendline which had defined price action since the late February low was established. The U. S. Energy Information Administration said in its weekly report that natural gas storage in the U. S. rose by 54 billion cubic feet in the week ended April 14, compared to forecasts for a build of 48 billion.

Crudeoil on MCX settled down -2.82% at 3208 on renewed concerns that increasing U. S. production and high inventories will thwart OPEC's attempts to reduce the global crude glut. Prices fell as doubts emerged over the effect of the OPEC/non-OPEC production cut by almost 1.8 million barrels per day (bpd) during the first half of the year. Saudi Arabia and Kuwait, key members of the Organization of the Petroleum Exporting Countries, favour extending their production-limiting deal with non-member producers into the second half of the year. Russia's Energy Minister Alexander Novak, however, declined to say whether the top oil producer would adhere to an extension before a joint meeting on May 25, saying global stocks were declining.

Silver on MCX settled down -0.52% at 41289 as investors kept an eye on the upcoming French presidential vote that is seen as too close to call. Investors opted for caution ahead of the French presidential election, as opinion polls indicated centrist candidate Emmanuel Macron holds a slender lead over far-right candidate Marine Le Pen. According to Opinion-Orpi’s daily poll of voting intentions, centrist candidate Emmanuel Macron would garner 23% of the vote while Marine Le pen would garner 22%. Meanwhile, investors mulled over comments from U. S. Treasury Secretary Steven Mnuchin, after he said Thursday, the Trump administration is ‘close’ to bringing forward tax reform.

Gold on MCX settled up 0.42% at 29418 as investors awaited the first-round of voting in the presidential French election at the weekend and possible announcements about tax changes in the United States. There was potential for safe-haven buying of gold after France said security forces were fully mobilized for the weekend vote after an Islamist militant killed a policeman Thursday night. Safe-haven demand re-emerged after a French policeman was shot dead and two others were wounded in central Paris on Thursday night in an attack claimed by the Islamic State militant group. Investors were also watching events in Washington.

New Delhi [India], Apr 22 : Pioneer in innovative, smart mobile and virtual reality technologies HTC Corporation has announced the launch of their virtual reality system, HTC VIVE™ making it the first complete VR system available to customers in the India market. VIVE will be available exclusively on Amazon.in via pre-order from April 22nd, 2017.

The site vive.com/in will go live by 25 April 2017. VIVE will soon be available for an in-store experience across select locations in India.

These select locations will be equipped with an interactive VIVE demonstration station, fully open to the public for individual sessions to experience a variety of virtual reality content supported by the platform.

New Delhi [India], Apr 22 : Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry on Friday announced plans for GTA to join its Bedbank business unit.

"This deal brings another great bedbank to the Hotelbeds Group family, following the announcement in February that Tourico Holidays will also be integrating with us. Both of these important deals clearly underline our steadfast commitment to accelerate the growth of our business both organically and via M&A activity," said Joan Vila, Executive Chairman of Hotelbeds Group.

New Delhi [India], Apr 22 : Following more than two years of verification and testing, SoftBank Corp., a subsidiary of SoftBank Group Corp. on Friday announced its decision to deploy the Ericsson Radio Dot System across Japan to deliver premium indoor connectivity to its subscribers.

SoftBank began extensive testing of the Radio Dot System and several other indoor solutions in Japan in June 2015 to evaluate its options for meeting the huge demand for better indoor coverage in mid-sized to large buildings.

The Ericsson Radio Dot System proved its ability to enable high-performance voice and data coverage and capacity in a broad range of enterprise buildings and public venues, and will now be deployed for SoftBank later this year.

New Delhi [India], Apr 21 : Before the digital era began, home loan processing was very unpredictable. However, with digitization, a whole new world of instant credit and instant loans was formed.

Technological initiatives coupled with credit processes has transformed the entire customer experience forming a lending ecosystem. Now a day's banks and institutions rely more on credit reports generated by credit information agency - CIBIL for gauging a loan applicant. An applicant with a score of 750 or above can get a home loan smoothly.

Low interest rates on housing loan and IT benefits have induced many to own a property. Nowadays CIBIL is helping borrowers to check the best loan available based on his/her credit scores and history.

Port Blair [India], April 21 : In a first of its kind study, peptides, from the venom of cone snails, have been identified that opens up possibilities of drug research for several human ailments.

The study was conducted by a team of Indian scientists from Port Blair-based National Institute of Ocean Technology, NIOT and Indian Institute of Science, IISc, Bangalore.

They identified short peptides with six amino acids, which globally, is the first small contryphan identified so far.

New Delhi [India], Apr 21 : A report published by the Internet and Mobile Association of India ( IAMAI) and Nielsen ranked Delhi number one regarding overall Internet readiness, overtaking last year's winner Maharashtra.

The report titled 'Index of Internet Readiness of Indian States' was released by Aruna Sundararajan, Secretary, Ministry of Electronics and Information Technology ( MeiTy), Government of India on Wednesday.

Delhi takes the first slot not only amongst small states and Union Territories but also when all states are taken together. The capital city-state is followed by Karnataka, Maharashtra, Kerala and Tamil Nadu.

According to the report, Delhi gets this rank primarily because of its fabulous e-infrastructure and e-participation.

New Delhi [India], Apr 21 : Patanjali Ayurveda's Co-Founder and CEO Acharya Balkrishna on Thursday announced that the company is planning to expand globally in the near future, while addressing a 'Made in India - Food Buyer Seller Meet' organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Agricultural and Processed Food Products Export Development Authority ( APEDA).

He urged players of food processing sector to come together and promote healthy food products.

"This initiative taken by FICCI is an example of industry players taking a step towards making Indian food industry an international brand accepted by all. Patanjali Ayurveda Ltd. is committed to go global and fight adulteration in Food industry," said Balkrishna.

New Delhi [India], Apr 20 : While people claim to value their memories more than any other form of data stored on their digital devices, they are happy to sell them for little money, research by Kaspersky Lab shows.

A survey has shown that for 49 percent of people, private and sensitive photos of themselves are the most precious data they have on their devices, followed by photos of their children and spouses.

The thought of losing these precious memories is considered more distressing for them than the prospect of a car accident, breaking up with a partner, or a quarrel with a friend or family member.

However, when confronted with the decision to delete this data for money, people nevertheless gave their digital data such as photos away for as little as 10.37EUR.

New Delhi [India], Apr 20 : Governor Chelyabinsk Region Russia, Boris Dubrovsky on Thursday invited the Indian industry to explore the investment opportunities in the Chelyabinsk Region of Russia, which offers tax incentives to foreign investors.

Speaking at an interactive session organized by FICCI, Boris Dubrovsky held out the assurance that the Chelyabinsk Region would cooperate with the Indian businesses and their investment will be fully protected.

He said that Indian investments in Russia were estimated at USD eight billion and Russian investments in India totaled about USD three billion.

New Delhi [India], Apr 20 : Hyper-local startup Jugnoo has announced AskLocal - a Geo-location based hyper-local content platform for users where they can access locally relevant information.

With this, Jugnoo is introducing a new way to connect within cities based on relevant content, reviews, and recommendations.

Just like Facebook and Twitter, which are friends-based and events-based content networks respectively, the AskLocal vertical offers a location-based content network. The feature will be Geo-location based, allowing users to view local feeds for their city.

It is part of the bouquet of hyper-local services offered by Jugnoo that includes rides, meals, fresh, and menus.

New Delhi [India], Apr 20 : #FindYourBeat, the online musical challenge, launches today on Facebook and Twitter.

#FindYourBeat is a one-minute social, musical challenge to engage and reward people through their love for music. The contest starts on 20th April and will run for a period of three days, ending on 22nd April 2017.

New Delhi [India], Apr 20 : E-commerce portal Myntra on Wednesday announced that it has acquired InLogg, a Bengaluru-based technology platform that provides end to end logistics solutions for the ecommerce sector.

As part of the acquisition, the team at InLogg has been inducted into Myntra, making it an acqui-hire that will further strengthen and expand Myntra's supply chain capabilities.