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Iconic Ford Mustang to make India debut

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By  Newsgram Staff Writer

Car lovers in India have something to cheer about. Ford is planning to bring its iconic pony car, the Mustang in India, an English newspaper reported.

Sources close to the firm suggested this thing on the sidelines of Ford’s Sanand plant inauguration in Gujarat, the manufacturer has discussed the prospects of launching the Mustang in India. It could be available for sale in India by the coming festive season in 2015, quoted The Indian Express.

The Ford Mustang was first launched in 1964, and over the years, the power machine has passed through various transformations and established its status in the automotive world.

The Ford Mustang has a large number of following in western countries and the current generation beast is available in three petrol engine configurations- a 310PS, which produces 2.3 litre four-cylinder Eco Boost petrol, followed by a 3.7 litre V6 engine that develops 300PS and a 5.0-litre 435PS V8.

Ford is initially expected to bring the Mustang with the four-cylinder Eco Boost engine coupled to the automatic gearbox in fastback shape to India.

 

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Nepal’s Central Bank Announces Ban of Indian Notes Above Rs 100

Currently, only the notes with a denomination of Rs 100 and below are freely exchangeable in Nepal

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Indian Currency. Pixabay

Nepal’s central bank has announced the ban of Indian currency notes with denominations above Rs 100.

The Nepal Rastra Bank (NRB) on Sunday issued a circular for the institutions licensed by it notifying them about the ban, reports Xinhua news agency.

Authorised to Issue Currency Notes.
Rs. 2000 note was issued by RBI who maynot ahve been Authorised to Issue Currency Notes. Wikimedia.

Nepal’s cabinet in December had decided to ban the use of these currency notes.

The decision to ban these notes has come a time when the NRB has requested the Reserve Bank of India (RBI) arequesting the latter to allow Nepal to use currency notes with all denominations.

Also Read- Sabarimala Tantri Gets More Time to Explain Purification Rituals

Currently, only the notes with a denomination of Rs 100 and below are freely exchangeable in Nepal. (IANS)