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US stocks open higher as inflation rises moderately in July

US stocks open higher as inflation rises moderately in July

Time of India20 hours ago
Wall Street's main indexes opened higher on Tuesday after data showed inflation rose broadly in line with expectations in July, putting the Federal Reserve on track to lower interest rates next month.
The
Dow
Jones Industrial Average rose 75.4 points, or 0.17%, at the open to 44050.53. The S&P 500 rose 21.7 points, or 0.34%, to 6395.17, while the Nasdaq Composite rose 122.0 points, or 0.57%, to 21507.441.
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by Taboola
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Volkswagen Tayron 7-seater SUV spotted again: Check expected price, features, launch details of Kia Carens, Tata Safari rival
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Time of India

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  • Time of India

Volkswagen Tayron 7-seater SUV spotted again: Check expected price, features, launch details of Kia Carens, Tata Safari rival

The Volkswagen Tayron , a 7-seater SUV expected to enter the Indian market, has been spotted once again on local roads. This time, the SUV was seen fully undisguised, carrying a TC number plate, according to an auto enthusiast who shared the images. The sightings indicate Volkswagen is moving closer to launching the model in India, likely by early 2026. Volkswagen Tayron Spyshots Reveal Design The recent images show the rear of the Tayron clearly, highlighting wrap-around tail lights that resemble the Tiguan R-Line variant. The main distinguishing feature is the Tayron badge on the tailgate. While only the rear of the vehicle was visible in the spyshots, the SUV's design appears consistent with the international version sold abroad. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Industry experts suggest that the Tayron will bring Volkswagen's global 7-seater design language to India, offering a modern look and spacious interiors suitable for families. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Volkswagen Tayron expected price The expected price of the Volkswagen Tayron 7-seater SUV in India varies across different sources. Estimates range from ₹35 lakh to ₹65 lakh (ex-showroom), depending on the variant and features. Volkswagen Tayron Platform and Expected Features The upcoming Volkswagen 7-seater SUV will be based on the MQB EVO platform, the same used in other global models. Although full interior details have not been officially revealed, reports indicate that the Tayron may feature a 10.25-inch digital instrument cluster, a 12.9-inch touchscreen infotainment system, level 2 ADAS, HUD, ventilated and powered front seats, and other comfort and safety features commonly seen in premium SUVs. Live Events These features aim to position the Tayron as a competitive offering in India's growing 7-seater SUV segment, which includes rivals from Hyundai, Kia, and Mahindra. Volkswagen Tayron Engine and Transmission Under the hood, the Tayron is expected to be powered by a 2.0-litre turbo petrol engine. Transmission duties are likely to be handled by a 7-speed DSG unit, with the possibility of an all-wheel-drive (AWD) configuration for better handling and stability. This setup could appeal to buyers looking for both city driving convenience and occasional off-road capability. Volkswagen Tayron Launch Details Volkswagen has not officially confirmed the launch date for the Tayron in India. However, analysts expect the SUV to make its debut by early 2026. The 7-seater SUV market in India has been expanding steadily, and Volkswagen's entry with the Tayron could strengthen its position among family-focused buyers seeking premium features and modern design. The Tayron's launch will compete with popular models such as the Hyundai Alcazar, Kia Carens, and Tata Safari, all of which are already established in India's 7-seater SUV segment. With global design, advanced technology, and flexible seating, the Tayron could be a strong contender in the segment.

Rupee-rouble rule: RBI clears path for faster India-Russia payments
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Time of India

time21 minutes ago

  • Time of India

Rupee-rouble rule: RBI clears path for faster India-Russia payments

The Reserve Bank of India (RBI) has taken steps to simplify and accelerate trade settlements in rupees with Russia, a move that comes amid growing interest in rupee-rouble transactions following recent global trade developments, as reported by TOI. Why rupee-rouble trade is in focus The spotlight on rupee-rouble trade intensified after US President Donald Trump announced higher tariffs on Indian exports. In response, RBI on August 5 allowed authorised dealer (AD) category-1 banks to open special rupee vostro accounts (SRVAs) for their foreign correspondent banks without prior approval. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program On August 12, RBI further relaxed rules, permitting funds in these accounts to be invested freely in government securities and treasury bills. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How to Choose Gas Flow Meters TechBullion Undo What is a vostro account? A vostro account is a domestic bank account maintained for a foreign bank, holding the foreign bank's funds in local currency. 'An SRVA facilitates oil trade with Russia by enabling transactions to be settled directly in rupees without converting through third-party currencies like the dollar,' experts note. Live Events An Indian bank maintaining an account in Indian rupees for a Russian bank is called a vostro account. How the RBI move helps Previously, banks needed RBI permission to open SRVAs, slowing down trade settlements. The new guidelines let banks open accounts independently, streamlining invoicing, payments, and settlements for rupee-based international trade. Impact on trade with Russia In the oil sector, Russian exporters can hold Indian rupees in SRVAs maintained with Indian banks. This allows Indian importers to pay for oil shipments directly in rupees, bypassing the dollar. The change reduces currency conversion costs , exchange rate risks, and payment delays. Challenges in rupee-rouble settlements India's oil-driven trade deficit with Russia means rupees accumulate with Russian exporters, complicating settlements. Many Russian firms prefer dollar payments despite being exempt from US sanctions. Meanwhile, the tightly controlled and volatile rouble often forces conversions through the dollar, and Western sanctions restricting access to SWIFT create operational hurdles. How challenges are being addressed To navigate these issues, RBI and government bodies are: Developing a dynamic rupee-rouble exchange mechanism to avoid costly dollar conversions. Establishing payment confirmation systems and exploring alternative financial messaging networks to replace SWIFT. Allowing Russian entities to invest surplus rupee balances from SRVAs in Indian government securities, bonds, equity, and infrastructure projects. Proposing use of rupee balances for third-country exports, letting Russian suppliers buy Indian goods while receiving payments in other currencies. Discussions are also underway for trilateral settlement mechanisms involving the UAE. These measures aim to make rupee-rouble trade more efficient while mitigating operational, currency, and regulatory risks. With inputs from TOI

UPPSC GIC Lecturer Notification 2025 Out at uppsc.up.nic.in: Check vacancies, eligibility, steps to apply and more
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Time of India

time21 minutes ago

  • Time of India

UPPSC GIC Lecturer Notification 2025 Out at uppsc.up.nic.in: Check vacancies, eligibility, steps to apply and more

The Uttar Pradesh Public Service Commission (UPPSC) has announced the recruitment of 1,516 Lecturer (Pravakta) positions in Government Inter Colleges (GICs) across Uttar Pradesh. This marks the first such recruitment drive since December 2020. The application process commenced on August 12, 2025, and will conclude on September 12, 2025, with corrections allowed until September 19, 2025 . Eligibility Criteria Age Limit: Candidates must be between 21 and 40 years of age as of July 1, 2025. Age relaxations are applicable for reserved categories and differently-abled candidates . Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Educational Qualification: A Master's degree in the relevant subject from a recognized university is required. Additionally, a Bachelor of Education ( degree has been made mandatory for this recruitment cycle . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Language Proficiency: Proficiency in Hindi equivalent to the 10th standard level is necessary . Selection Process The selection involves a three-tier examination system: Live Events Preliminary Examination: Mode: Offline Duration: 2 hours Marks: 300 Subjects: General Studies, General Hindi, English, and the concerned subject (objective type) Mains Examination Mode: Offline Duration: 3 hours Marks: 400 Subjects Paper I: General Hindi and Essay Writing Paper II: Concerned Subject (Descriptive type) Interview: Candidates who qualify the Mains Examination will be called for an interview, which carries 12.2% weightage in the final selection . How to Apply One-Time Registration (OTR): Complete the OTR process on the UPPSC official website . Online Application: Fill out the application form and submit it online through the UPPSC portal. Application Fee: Pay the requisite application fee as per your category. Documents: Ensure all necessary documents, including educational certificates and caste certificates, are ready for upload. For detailed information and to apply, please visit the official UPPSC website:

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