Tesla has no interest in manufacturing electric cars in India: Kumaraswamy

Tesla has no interest in manufacturing electric cars in India: Kumaraswamy

New Delhi, June 2 (H.S.): Union Heavy Industries Minister H.D. Kumaraswamy announced that Tesla is interested only in establishing showrooms in India, not in manufacturing cars. In contrast, Mercedes Benz, Volkswagen-Skoda, Hyundai, and Kia have shown a desire to manufacture electric vehicles in the country. These comments were made during a press conference to unveil…

Reserve Bank expect to reduce repo rate by 0.25 percent on June 4

Reserve Bank expect to reduce repo rate by 0.25 percent on June 4

New Delhi, June 2 (H.S): The Reserve Bank of India (RBI) is expected to cut the policy interest rate by 0.25 percent for the third consecutive time, as the inflation rate remains below the target of four percent amid global uncertainties from American tariffs. A bi-monthly monetary review meeting by the RBI’s Monetary Policy Committee…

Market declines slightly; investors gains ₹1.05 lakh crore despite fluctuations

Market declines slightly; investors gains ₹1.05 lakh crore despite fluctuations

New Delhi, June 2(HS): The domestic stock market experienced minor declines on Monday, closing down after a day of fluctuations. Initially, trading commenced weakly, with notable selling pressure leading to a decline of significant proportions in the first half hour. A subsequent rally by buyers managed to push the stock market briefly into positive territory…

IPL 2025: Shreyas Iyer and Hardik Pandya Fined for Slow Over Rate

IPL 2025: Shreyas Iyer and Hardik Pandya Fined for Slow Over Rate

New Delhi, June 02 (H.S.): In the IPL 2025 Qualifier-2 match, Punjab Kings’ captain Shreyas Iyer and Mumbai Indians’ captain Hardik Pandya were fined for slow over rates at the Narendra Modi Stadium, Ahmedabad. Iyer faced a ₹24 lakhs fine for a second offense this season, while other players were fined ₹6 lakhs or 25%…

India's coal production grew to 86.24 MT in May 2025

India's coal production grew to 86.24 MT in May 2025

Delhi, 2 June (H.S.): India’s coal production and dispatch saw steady growth in May 2025, achieving 86.24 MT (Provisional) compared to 83.96 MT in May 2024. Production from captive/commercial mines rose significantly to 16.93 MT (Provisional) from 13.83 MT year-on-year. As of May 31, 2025, coal stocks held by companies increased by 29.18%, reaching 122.69…

Sensex fall below 81,000 mark due to early trading pressure

Sensex fall below 81,000 mark due to early trading pressure

Delhi, 2 June (H.S.): The domestic stock market is under consistent pressure today, starting with a decline. Initial trading saw attempts by buyers to stabilize the market, but both the Sensex and Nifty remained in the red. After the first hour, the Sensex was down by 0.75 percent, while the Nifty fell by 0.67 percent….