Google's Showcases Self-Driving Car, Roams without Steering Wheel or Driver's Seat

Google has Showcased its ability to build a new car, which it sent rolling on the streets. Google announced its latest innovation with its self-driving car that has no seat for a driver or a steering wheel.

Sergey Brin, CEO Google unveiled this new prototype that comes with only two seats, and runs on a technology dependent on built-in sensors, lasers, camera data and a software system that will navigate the vehicle safely.

The car has no brake pedals, accelerator or steering wheel. This was revealed during an interview at Recode Code Conference in Palos Verdes, Calif. This two-seater has a snubbed smiley face front, which is made out of a soft foam-like material with its windshields made out of plastic instead of the regular glass. This will help lessen the damage to both passengers and pedestrians in the case of an accident. This car is an extension to the company's driverless car project.

Google wanted to make self-driving cars safer than the ones driven by humans and that was the company's role, Brin said.

Though there were no crashes during its testing phase, the car can only be driven at a Speed of 25 miles per hour, increasing the reaction time in case of an accident. The car is designed in such a way, that there is no human interference in Driving the Vehicle.
 

During its designing Process, Google prioritized on the safety feature of the vehicle, Chris Urmson, director of Self-Driving Car Project said in a post on the official blog. He underlined that the sensors of the car "can detect objects out to a distance of more than two football fields in all directions" and it is helpful in tackling the intersection of roads or busy streets.

Though the car is not designed for luxury, it certainly has the necessary things that a car must have to house passengers - two seats with Seatbelts, space for belongings, start and stop buttons and a screen showing the car's route. "We're planning to build about a hundred prototype vehicles, and later this summer, our Safety Drivers will start testing early versions of these vehicles that have manual controls," added Urmson.

He Promised that by 2017, the Company will have kick-started a small pilot program in California that will allow these self-driving cars on the main streets. He also said that the company was open to work with partners in order to bring this technology to the world. The car has already logged in 700,000 miles of public roads in autonomous mode.

Sharing his excitement Urmson noted: "We're really excited about this vehicle - it's something that will allow us to really push the capabilities of self driving technology, and understand the limitations," BBC reported.

Currently only three states in U.S. allow operation of autonomous cars that includes Nevada, Florida and California, but apart from Nevada, other two have given the green signal only for the testing of such vehicles. The autonomous car project is also been envisioned by other auto industry majors like Nissan, General Motors, Continental, Ford Motor Co and Tesla, CNET reported. Supporters of such types of cars explain that they are not only safer but will lessen pollution and revolutionize transport industry.


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Top 10 Stock Brokers in India

Lately People have a lot of option while choosing a stock broker because of increase in number of stock broker in India. But still it is not easy to choose the best one. You need to be sure of what is important for you before deciding on the stock broker. Some pointers to keep in mind are

1) Full Service or Discount Broker: The main difference among them is full service would allow you to trade in all financial instrument while discount broker will generally allow you to trade in one financial instrument (Stock, commodity) .

2)Online Trading vs Phone Trading: Depending on how Comfortable you are with online trading,if you are not choose a broker which provide you phone trading.

3) How often do you trade : Decide if you are going to trade or invest that is, will you be trading often or you will just buy stock couple of time a year in which case the brokerage is less important than if you are a trader.

4) Will you Require Advice : Would you need financial adviser to trade or would you be trading on your own. If you need adviser, remember to get some historical data of how good the adviser is and would you be comfortable with giving him your money.

Top 10 Brokers in India :

1) ICICI Direct : By far the biggest and most well know stock broker in India.  They have decent service and easy to use user interface but there brokerage is really high compared to what other discount brokers are providing. There biggest selling point is there seamless integration with your ICICI bank account which make transfer/withdrawal of funds really easy and quick. Great for investor but not for tarder. You can find detailed information about ICICI Direct brokerage charges here.

2) Sharekhan : Incorporated in February 2000, Sharekhan is India’s 2nd largest stock broker providing brokerage services through its online trading website Sharekhan.com and 1950 Share shops which includes branches & Franchises in more than 575 cities across India. They are full service broker and provide various other services like asset management etc. You can find my detailed review for Sharekhan brokerage charges here.

3) RKSV : They are discount broker  operating from Mumbai. They provide very competitive rates of Rs 25 per trade irrespective of the size of the trade. They also have unlimited plan in which they charge Rs 1999 for unlimited trades. You can find RKSV review here.

4) HDFC Security: They are one of the larger broking house in India and with there bank branches, they have one of the largest network which is only after ICICI. They have a vast network of bank branch in even smaller town. You can find detailed review about HDFC security here.

5) Kotak Security : They are one more well know name in Financial services and with there bank branches in big cities they are able to cater to clients in big cities. There online service is decent but brokerage is not that competitive. You can find detailed review about Kotak Security here.

6) Reliance Money: They came with a bang but lately have lost a lot of sheen from there name. There have been lots of question about there business practices. You can find detailed review about reliance money here.

7) Motilal Oswal : These are one of the decent broker operating in India. You can find detailed review about Motilal Oswal here.

8) Karvy : They are one of the oldest broking house operating in India. They are the brokers which your fathers used to use for buying there IPO and MF but there online service are  not that great. Lately they are upgrading there online platform and there brokerage is also comparable to other full house brokers.

9) SBICapSec : This is the broking arm of State Bank of India but there broking service is not very great. There brokerage structure is also not very competitive and being a public sector bank, there is a lot to be desired as far as the customer service is concerned. You can find detailed review about SBI Capital Security here.

10) Zerodha : They are one of the new stock broker in India which have started discount trading in India. They have a very competitive brokerage structure and decent customer service. These type of discount brokers are new in India and providing tough competition to full service brokers. You can find detailed review about Zerodha here.

If you are a NRI or have moved out of India on work VISA but still want to trade in Indian Stock market, read out in depth article about opening Demat account for NRI.
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Gold Prices May Decline to Rs. 24,000 by Diwali: Industry Body

Gold Prices May Decline to Rs. 24,000 by Diwali
Following the easing of 20:80 Gold import norms by the Reserve Bank, India Bullion & Jewellers Association (IBJA) on Thursday said gold prices are likely to fall to Rs. 23,000-24,000 per 10 grams by Diwali as it also expects the customs duty reduction in the forthcoming budget.

"RBI's easing of 20:80 gold import norms is positive for the gems and jewellery industry. We expect this will be followed by reduction of the Customs duty to 4-5 per cent from the current 10 per cent in the forthcoming Budget, resulting in declining of gold prices and (Price) is likely to be at Rs. 23,000-24,000 by Diwali," IBJA president Mohit Khamboj told reporters in Mumbai.

The Yellow Metal is likely to be on par with the global prices as the premiums will also go down due to the positive steps taken by the governmet, he said.

"It will also reduce the gold inflow through the grey market."

The RBI on Wednesday eased gold import norms by allowing select trading houses, in addition to some banks, to procure the precious metal to boost exports. 

In July last year, the apex bank had imposed severe restrictions on gold imports to check burgeoning current account deficit and Depreciating Rupee.

Under the 20:80 Scheme, an importer has to ensure that at least one-fifth, or 20 per cent, of every lot of imported gold is exclusively made available for the purpose of exports and the balance for domestic use.

Meanwhile, gold prices in the spot market dropped by Rs. 800, or nearly 3 per cent, to Rs. 28,100 per 10 grams on Thursday - its lowest level since August.
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Car Review: The Jaguar C-X17 Stretches the Design Possibilities of the Segment with a Five-Seater Format

The Jaguar C-X17 Combines the character and Driving experience of a sports car with increased Presence, style and flexibility. A five-seater sports crossover concept built on the aluminium-intensive architecture, the C-X17 blends sleek lines, sporting performance and sophistication with enhanced practicality. Having made its debut at Auto Guangzhou 2013, the C-X17 is every inch a Jaguar. The Revised C-X17, developed for China, has a luxurious, spacious and innovative cabin featuring bespoke, high-quality, traditionally British-inspired interior finishes and materials. The seats are lightweight units with a sculpted free-standing appearance, visually enhancing the airiness of the cabin.

The sense of openness inside the cabin is heightened by the C-X17’s unique panoramic roof, constructed from a series of sculpted vanes running from front to rear, closely arranged in parallel and integrated into the header and cant rails. They are contoured on the lower side to generate extra headroom, and shaped to create a ring of space that enables a whole-roof view of the sky above, giving the occupants a sense of openness. The topside of the vanes follows the smooth profile of the glass roof, maintaining the sleek exterior lines of the C-X17.

Interior finish
The C-X17’s interior door finish is a waxed Clay Walnut wood veneer. For the interior metal finishes, ruthenium is used instead of bright work, creating a darker, more tonal effect that suits the subtle, premium feel of the cabin, and the top surface panels of the interactive surface console are laser-etched with a brogue-inspired pattern.

Unique features
The C-X17 has an interactive surface console that runs the length of the car’s centre tunnel. Made up of a series of interconnecting touch screens encased in transparent acrylic glass, it connects those in the rear cabin with the driver and front seat passengers via a secure in-car Wi-Fi network. It allows the vehicle occupants to upload pictures, video and sound files from their mobile devices and share them with fellow passengers, as well as on social media channels. It features rear exit detection, which uses sensors to warn exiting passengers of quickly-approaching hazards, such as cyclists and mopeds. The instrument panel has a twin-dial configurable TFT console with provision for a head up display – a system which projects vital information onto the windscreen for the driver to process quickly, akin to the systems used in modern fighter aircraft.

The profile
The C-X17’s low profile and large wheels give it a powerful, planted stance. The long bonnet’s twin ‘power bulges’ and prominent grille impart a muscular look. The headlamps hint at the C-X17’s sedan siblings while the grille is inspired by the XJ, resulting in a distinctive family look that is reassuringly familiar yet uniquely appealing.

The C-X17’s twin ‘heartlines’ are clearly visible when viewed in profile. The accentuated length of the windows adds to the vehicle’s overall sense of sleekness.

The rear of the vehicle has a distinctive touch of sports car about it, with the haunch, taillights and detailing all bringing to mind the Jaguar F-Type.

The Roofline swoops quickly rearwards, culminating in a distinctive cantilevered spoiler over a steeply raked rear window that clearly enhances the crossover’s sporting, ‘fast-even-at-standstill’ appearance.

The first Jaguar to be Delivered from the new architecture will be a new mid-size (C/D) segment premium sedan, which will be rolled-out globally from 2015.

VITAL STATISTICS
Ground clearance
213 mm

Height
1649 mm

Width
1959 mm

Length
4718 mm

Wheelbase
2905 mm

Wheel size
23 inches
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Flipkart buys Myntra

Flipkart, India's largest e-tailer, acquired Online Fashion Portal Myntra on Thursday and said it would Invest $100 Million in the Fashion Business. 

"It's a 100% acquisition and going forward we have big plans in this segment," Said Sachin Bansal, co-founder of Bangalore-based Flipkart. 

In what is the Biggest Consolidation in India's e-commerce Sector, Homegrown e-retailer Flipkart is buying Bangalore-based online fashion store Myntra.

Flipkart Said it would invest $100 million in the Fashion Business.

Financial details of the deal were not disclosed but a source in the company said the transaction was valued at close to $300 million. 

The Deal gives Flipkart a Stronger hold in the fast-growing online fashion Business in India. 

Myntra co-founder and CEO Mukesh Bansal will be joining Flipkart board and will be heading the fashion business at Flipkart. Bansal said that there will be no change in roles post acquisition. Both Flipkart and Myntra will continue to work separately.

India's e-commerce market has seen huge growth in the past few years as more people log on to the Internet to shop. While apparel and electronics are bestsellers for most e-commerce firms, categories such as home decor and household items are also popular.

The industry, estimated to be worth about USD 3 billion currently, has firms such as Snapdeal, eBay and Amazon, which follow the marketplace model.

Flipkart started in 2007 as an online bookstore and now sells products across categories, including fashion and electronics. It now also sells white goods and furniture.

Led by increasing Internet penetration and youngsters shopping online, Flipkart's annualised sales crossed $1 billion (over Rs 6,100 crore) a year ahead of target.

The company planned to reach the billion dollar mark for gross merchandise value by 2015.
It also operates under the marketplace model, which allows retailers to offer products on its platform.

Since its inception, the Bangalore-based firm founded by Sachin Bansal and Binny Bansal has raised over $500 million from investors including Naspers, Tiger Global, Accel Partners, Dragoneer, Morgan Stanley, Sofina and Vulcan Capital.

Last year, it raised $360 million from private equity firms, one of the largest funding deals in the Indian e-commerce space.

Myntra sells products from over 650 brands like Nike, HRX by Hrithik Roshan, Biba and Steve Madden and clocked revenue of about Rs 1,000 crore in the previous financial year.

It aims to double its revenue in this financial year as it expands its seller base and adds products.

Myntra has about 100 sellers on board and plans to increase this number to 1,000 by fiscal end.

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Narendra Modi World's 2nd Most-Popular Leader on Facebook after Obama

Washington: Narendra Modi has the Fastest growing Facebook page for any elected official in the world and is only Second after US President Barack Obama in terms of fan following of Politicians, an official of the social Networking website said. 

"Modi Continues to have the fastest growing page (for the last day, week and month) of any politician or elected official worldwide," Andy Stone from Facebook policy communications told PTI. 

On April 7, the first phase of the general elections, Modi had 12.46 million fans on the Facebook. Today, when he was appointed by president Pranab Mukherjee as the next Prime Minister of the Country, it had jumped to 15.245 million fans. 

After US president Barack Obama, Who has over 40 million fan following on Facebook, Modi is the second most popular politician in the world. 

It is only during this election cycle, that he crossed Mitt Romney, the former Republican presidential candidate, who now has 11.345 million fan following. 

Modi, however, has greater growth rate on Facebook (1.171%) Compared to Obama's 0.305%. 

On the day of counting, mentions of Modi saw an increase of seven times. 

The General election which concluded with the BJP getting a majority in the Parliament, has seen a record growth in Facebook pages in India, Stone said.

"Since elections were called on March 5th, Facebook users in India have been engaging with their friends, the candidates and political parties to discuss the 2014 Lok Sabha elections," Stone said. 

From the day elections were announced to the day polling ended, 29 million people in India made 227 million interactions (posts, comments, shares, and likes) regarding the Indian Elections on Facebook. 

That is two-thirds of all daily active Facebook users in India and an average of 10 interactions per person. In addition, 13 million people made 75 million interactions regarding Modi, Stone said. 

On each day of the polling, Facebook ran a megaphone to people in India letting them know it was Election Day and encouraging them to share that they voted. This megaphone was seen by over 31 million people, Stone said.

Moreover, the candidates and political parties saw a large amount of interactions on their Facebook pages. 

"During the election, Modi became the second most-liked politician on Facebook behind only Obama and Arvind Kejriwal also joined the ranks of the top five liked politicians globally," the Facebook official said.

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Car Review: Audi RS5

Fast Facts

Engine Cylinders: V8
Displacement (cc) : 4163
Engine : 4.5 FSI
Power : 450PS @ 8250rpm
Torque : 430Nm @ 4000-6000rpm
Transmission Drive Type : AWD
Gearbox : 7-speed
Transmission : Automatic Acceleration 0-100 
km/h : 4.5 0-60
km/h : NA
Top Speed : 250

The Audi RS5 comes across as a vehicle with all the right traits of a sports car combined with the practicality of a machine that can be used on a Daily basis. The collective characteristics work their magic to offer an exhilarating drive experience.

On Paper it is easy to doubt the intentions of the all new Audi RS5; even more so in a market like India where the practicality of such a vehicle Doesn’t immediately come across.
We still don’t have the roads or the right kind of drivers to handle a brute vehicle such as this, however it is these preconceived notions that proved to be my biggest folly when it came to judging the RS5. It is still a brute, but it has the right pedigree and that goes a long way in making the car suitable for two entirely different driving scenarios.

As for the looks department, the RS5 doesn’t have much to boast about over its predecessor and it retains that subtle aggression combined with the regular Audi family look.
Don’t misinterpret that to mean anything else, for the car is a head turner for sure and we got a taste of that while trying to do the shoot on a busy road where just about everyone stopped to pull out their camera and take a click as well! After all, those taunt lines in the sheet metal, squinted headlights fitted with awesome looking LEDs, large air intakes, low front bumper, dual exhaust pipes and the rear diffuser are not to be missed. Bringing the entire package together are the large 19 inch smoked grey alloys shod with a sliver of 265/35 R19 rubber. The exquisite paint job in electric blue added to the visual treat and it is worthy to note that the new RS5’s body is 20mm lower than its Predecessor which adds to its squat wide stance and has a significant impact on the aggressive profile that the car boasts of.

Having said that, all is forgotten once you hear the engine roar to life and you can’t help but smile while quickly checking yourself out in the rear view mirror in a bid to truly confirm that you are in fact in the driver’s seat of this tuxedo clad brute. It is about this time that your mind’s eye gets filled with visions of a long winding road, blurry landscape and the solid growl of the engine as the only soundtrack to this moment.
Just knowing what exists under the hood is enough to get you daydreaming as such but the real treat obviously lies in actually unleashing the full potential of the engine.Opening the frameless door and sliding into the driver’s seat, you just can’t help feeling a little wicked. 

Yes, there is a monstrous engine under the long hood, but before you get to firing it up, it is highly recommended that to take a minute to soak in the aesthetics of the interiors.
From the leather wrapped steering wheel to the brushed aluminum ‘quattro’ on the dash, everything boasts of fine quality. Add to that a host of gizmos and gadgetry such as the now standard Audi MMI system, large screen display and numerous buttons to Control a host of features. What is genuinely missing however is a large red START/STOP button, which would have worked well with a car such as this, while instead you have to just press the key fob in its slot to get the engine to roar to life.
A bit of a letdown, but hopefully Audi will grant my wish in the next model upgrade.
On the space front, the RS5 offers generous electronically adjustable front seats, however the rear seats are a squeeze and best left for little kids. One can’t really complain about the fact considering the RS5 is essentially a sports coupe destined for two passengers and some luggage at best.

What you essentially get is a 4163cc V8 FSI petrol engine that is capable of churning out 450 hp @ 8250 rpm and a solid torque of 430Nm between 4000-6000 rpm. Mated to a 7-speed S tronic gearbox that offers gear change times of just a few hundredths of a second, the RS5 is capable of going from 0-100 km/h in just 4.5 seconds and is regulated to touch 250km/h. I am sure that an ungoverned version is capable of going much faster, but that shall remain a thought to fuel my dreams. The sheer brilliance however lies in the manner in which you can tap into all that power.
If you so choose to, the RS5 will putter along at low two digit speeds with ease, making it very easy to drive in traffic and when the open road beckons, all you have to do is prod the gas a bit and she just surges forward like a jet powering up for takeoff. What’s more? Well, the driving is further influenced by the paddle shifters on the steering wheel which not only allow you to control the shifts but also adds its two bits to the overall drive experience that the RS5 offers, and did I mention the term ‘launch control’? That’s right, in order to limit tyre slip and offer the best possible traction while accelerating from standstill the RS5 comes fitted with the launch control program which is a delight to employ, however it is important to note that this isn’t a feature for daily driving.

Now all that power would be useless without the right equipment to support it. In doing so, Audi has ensured that the RS5 comes packed to the hilt on that front as well.
Starting with the quattro all-wheel-drive, you also get a self-locking crown gear center differential, torque vectoring and the standard ABS, ESP and EBD.
All these systems ensure that you stay planted on the road and have maximum control at all times while enjoying the sheer drive dynamics that this coupe offers. In fact the crown gear center differential is capable of varying the torque between the front and rear axles with up to 75 per cent flowing to the front or up to 85 per cent to the rear if necessary. Under normal driving circumstances, it maintains a 40:60 ratio in order to offer a rear-biased configuration to add to the sporty handling. Audi has given the car the works in making sure that it comes to stop in minimal time as well. Utilizing large ventilated petal disc brakes on all four wheels, each unit employs steel friction rings which are perforated and connected to the aluminum brake caps via pins. The front calipers have eight pistons each and in layman terms all this translates to the fact that the RS5 can stop on a dime.

Further to this, The RS5 comes standard with the driver select driving dynamics system which allows you to choose between comfort, auto and dynamic modes which immediately impact the characteristics of the steering, gearbox, accelerator and exhaust system. Further to this, Audi offers a sport differential and dynamic steering as optional extras if the customer wishes to opt for them.
Regardless, the driver select dynamics system changes this car around from a laid back coupe offering a rather comfortable ride in the city to a scorcher with precision inputs on the highway. What really proved to be a revelation was a stint in Mumbai traffic where the comfort mode made a lot of sense and I was amazed at the ride quality, despite the ultra-low profile tyres.
Once back on the Mumbai-Pune expressway, it was back to dynamic mode and unleashing those horses under the hood!
Cross 120 km/h and the rear spoiler automatically pops up to do its business and contribute to the overall drive dynamics of the car.

Overall, the RS5 is an absolute delight to drive and you really can’t get enough of unleashing all that power whenever the chance presents itself. It also has a practical twist to its otherwise sports oriented package and this according to me is the RS5’s winning attribute for it caters to more than just one need. Simply put, this car brings the joys of motoring to the fore.

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