Newsmakers: Gold price falls by Rs 200, Mercedes to hike car prices and more

Social networking firm Facebook activated its Safety Check feature in Chennai as the state witnessed the heaviest rainfall seen in a century.

Facebook activated the feature to allow people mark themselves as safe from the floods.

Google has also posted a link on its homepage called 'Resources for the Chennai floods', which provides details about relief camps and updates people about the situation in the city.

Gold prices tumbled by Rs 200 to Rs 25,350, extending its slide for the second straight day at the bullion market on December 3,2015.

Silver too remained under selling pressure and dropped by 450 to trade below the 34,000-mark at Rs 33,700 per kg.

Mercedes-Benz India will increase prices of its vehicles across all models by up to 2 per cent from January 1, 2016, to offset rising input cost.

Power Minister Piyush Goyal on December 3, 2015 said that the central government was committed to provide electricity to all villages by 2018.

The minister said 18,452 villages are to be provided electricity under the Deen Dayal Upadhyay Gramin Jyoti Yojana (DDUGJY).

India's economy will grow at 7.4 per cent in the current fiscal, which will further improve to over 8 per cent in 2016-17, Standard & Poor's Ratings Services projected on December 3, 2015.