Arvind Sanger, Geosphere Capital Management is of the opinion that the Fed will go slow on tapering because the US non-farm payroll was disappointing in terms of showing strong improvement in the labour market.
Japanese auto giant Honda today announced to recall 11,500 units of Standard variant of its premium motorcycle CBR 250R, which were produced and sold in India, due to defective brake system.
The country's "low-cost-high-quality manufacturing hub" tag got a boost today with the Japanese car major Honda announcing a plan to effect a ten-fold jump in exports from here this fiscal.