| Tata Motors' Tiago, Tigor score 4-star in crash test: Global NCAP
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| Vehicle safety group Global NCAP on Wednesday said homegrown auto maker Tata Motors' compact cars Tiago and sedan Tigor achieved four star rating for adult occupant protection in a crash test. The two cars achieved three stars for child occupant protection in the #SaferCarsForIndia crash test, Global NCAP said in a statement. Vehicle safety group said it tested Tigor model as Tiago and Tigor are the same car in the front and passenger compartment. Tigor/Tiago offers two frontal airbags as standard. Its structure and footwell area have been rated as unstable. Head and neck protection for adult occupants was good, it added. "Chest protection for passenger was adequate and marginal for the driver. Femur and knees showed marginal protection as there is risk of contracting dangerous structures behind the fascia," it said. In terms of child occupant protection, the car scored three stars. The Tigor/Tiago does not offer three point belt in all seating positions and does not offer ISOFIX ...
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| Refined soya oil futures fall on tepid demand
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| Refined soya oil prices on Wednesday fell by Rs 7.4 to Rs 873 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market. On the National Commodity and Derivatives Exchange, refined soya oil for delivery in February declined by Rs 7.4, or 0.84 per cent, to Rs 873 per 10 kg in 55,605 lots. The refined soya oil contracts for March dropped by Rs 5.4, or 0.62 per cent, to Rs 864.2 per 10 kg in 27,165 lots. Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices.
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| Crude oil futures fall over 1 pc on global cues
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| Crude oil futures on Wednesday fell by Rs 48 to Rs 4,138 per barrel after participants reduced positions tracking a subdued trend in global markets. On the Multi Commodity Exchange, crude oil for February delivery dropped by Rs 48, or 1.15 per cent, to Rs 4,138 per barrel with a business volume of 21,399 lots. Crude oil for March delivery was quoting lower by Rs 43, or 1.03 per cent, at Rs 4,150 per barrel with an open interest of 612 lots. Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid weak spot demand. Globally, West Texas Intermediate crude oil traded 0.57 per cent lower at USD 58.05 per barrel. Brent Crude, the international benchmark, dropped 0.45 per cent to trade at USD 64.30 per barrel in New York.
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| Maruti Suzuki sells 5 lakh BS-VI vehicles ahead of implementation of new emission norms
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| The country's largest carmaker Maruti Suzuki India on Wednesday said its BS-VI compliant vehicles have reached cumulative sales of 5 lakh units ahead of the implementation of stricter emission norms from April 1. The company is now offering ten models with BS-VI compliant petrol engines, Maruti Suzuki India Ltd (MSIL) said in a statement. "This achievement reaffirms the growth potential of new engines and technologies in India," MSIL Managing Director & CEO Kenichi Ayukawa said. He further said,"Early introduction of the BS-VI compliant engine in our popular models represents our commitment to the government's vision for clean and green environment." MSIL introduced its first BS-VI compliant petrol car in April 2019, a full year in advance from the mandatory deadline. The company's range of BS-VI compliant petrol models includes Alto, Eeco, S-Presso, Celerio, WagonR, Swift, Baleno, Dzire, Ertiga and XL6. "These contribute nearly 75 per cent of the company's petrol volumes," MSIL ..
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| Gold futures slip Rs 105 to Rs 39,806 per 10 gm
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| Gold prices on Wednesday fell by Rs 105 to Rs 39,806 per 10 gram in futures trade as participants cut down their positions in line with a weak trend overseas. On the Multi Commodity Exchange, gold prices for delivery in February fell by Rs 105, or 0.26 per cent, to Rs 39,806 per 10 gram in a business turnover of 1,373 lots. The yellow metal for April delivery slumped Rs 136, or 0.34 per cent, to Rs 39,895 per 10 gram in 124 lots. Analysts said subdued overseas cues influenced sentiments here. Globally, gold was trading 0.46 per cent lower at USD 1,550.70 an ounce in New York.
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