RBI panel announced 25 basis points rate cut but Indian stock markets were expecting a small rate cut. The rate cut hasn't led to any major market movement.

Unlike its other major counterpart MMR, NCR has fared better in shedding its overall unsold stock on both quarterly and yearly basis.

Collectively, NCR saw new supply of 5,790 units in Q3 2019 as against 4,200 units a year ago and nearly 13,570 units in the preceding quarter of Q2 2019. If we break it city-wise:

Huawei founder Ren Zhengfei has recently commented that the Chinese telecom giant is looking forward to license its 5G technology exclusively to a US telecom company.

German automotive supplier Webasto has begun the production of electric-vehicle (EV) batteries in its home country, at the Schierling site in the Regensburg district.

British media outlet Autocar has reported that the series production of German automaker Volkswagen (VW)’s compact electric car in Polo size is not likely to be commenced before 2023.