New Delhi, Jul 15 (PTI) Following are the top business stories at 2100 hours:
DEL71 BIZ-2NDLD TESLA
* Tesla drives into India via import route with Model Y price starting at Rs 59.89 lakh
Mumbai: Global EV giant Tesla on Tuesday made its much-awaited entry into India, launching its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre here. *
DEL69 BIZ-LD TRADE DATA
* Exports remain flat in June at USD 35.14 bn; trade deficit narrows to 4-month low at USD 18.78 bn
New Delhi: India's exports remained flat at USD 35.14 billion in June due to global economic uncertainties, while trade deficit narrowed to a four-month low of USD 18.78 billion during the month, the government data showed on Tuesday. *
DEL58 BIZ-LD-STOCKS
* Stock markets cut short four-day decline; Sensex rises 317 pts on gains in auto, pharma shares
Mumbai: Stock markets snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI's comfort zone. *
DEL96 BIZ-LD RUPEE
* Rupee rises 16 paise against US dollar
Mumbai: The rupee appreciated 16 paise to close at 85.76 against the US dollar, tracking a weak greenback in the overseas market and a decline in global crude oil prices. *
DCM107 BIZ-INDIA-US-TARIFFS
* India in wait and watch mode: Official on possible impact of Trump tariffs from Aug
New Delhi: India can consider a plan to deal with the impact of the US tariffs only after assessing the full effect of these duties, scheduled to come into effect from August 1, and until then, the government will remain in a wait-and-watch mode, a senior official said on Tuesday. *
DCM48 BIZ-AUTO-SALES-SIAM
* Passenger vehicle sales drop 1.4 pc to 10.11 lakh units in Apr-Jun
Mumbai: Domestic passenger vehicle sales declined 1.4 per cent to 10,11,882 units in the first quarter of this fiscal from 10,26,006 in the corresponding quarter of last fiscal, Society of Indian Automobile Manufacturers (SIAM) said on Tuesday. *
DEL61 BIZ-GOLD-PRICE
* Gold declines Rs 200 to Rs 99,370/10 g; silver plunges Rs 3,000 to Rs 1.12 lakh/kg
New Delhi: Gold prices declined by Rs 200 to Rs 99,370 per 10 grams in the national capital on Tuesday due to fresh selling by stockists, according to the All India Sarafa Association. *
DCM55 BIZ-RESULTS-LD BOM
* Bank of Maharashtra Q1 profit rises 23 pc to Rs 1,593 cr, aims 17 pc credit growth
New Delhi: State-owned Bank of Maharashtra (BoM) on Tuesday reported a 23 per cent increase in net profit to Rs 1,593 crore during the first quarter, aided by a decline in bad loans and improvement in interest income. *