After the billionaire Elon Musk postponed a visit to India in late April, Musk’s team hasn’t made any further inquiries with officials in New Delhi. According to sources, "The government is given to understand that Tesla has capital issues and doesn’t plan on pledging fresh investment into India in the near future," The loss of interest in India comes as Tesla reported a second consecutive drop in quarterly deliveries globally and faces heightened competition in China. Musk announced major staff reductions in April, the EV maker’s first new model in years, the Cybertruck, has been slow to ramp up while construction of a new plant in Mexico has been delayed.

The Adani narrative has transcended beyond Adani and is now developing into a public dispute between American researcher and short seller Hindenburg and financial market regulator SEBI. The Adani Saga is expected to conclude in disarray.

BSNL launches a special 4G SIM card for Amarnath Yatra pilgrims. This SIM card provides users with the benefit of unlimited voice calling and data while traveling. Amarnath Yatra 2024 runs from 29 June to 19 August, during which Baba Barfani is seen. This SIM helps pilgrims stay connected with family.

Jio tariff increase: Reliance Jio has announced a significant tariff hike from July 3, 2024, and discontinued two popular prepaid plans, ₹395 and ₹1,559 options. These plans offered unlimited 5G data and had long validity, making them popular among users.

As of July 2, 2024, petrol and diesel prices in India are unchanged from March 2024. Fuel prices, influenced by international crude oil fluctuations, are updated daily at 6 am by state-run oil companies such as Hindustan Petroleum and Indian Oil.

The Oil marketing companies announced a reduction in the price of 19 kg LPG commercial cylinders on Monday. before the price of an LPG commercial cylinder was reduced by Rs 30 for 19kg, the cost was 1676 in Dehli, but now it is 1646.

Boeing gets sanctioned by the National Safety Board over breaking an agreement by disclosing details of an investigation into the 737 Max 9 mid-air incident that happened in January. The agency cited violations of investigative information that were not cleared to release and speculating about the cause of the incident. The fallout began in 2018, amplified in January 2024 after the mid-air incident involving an Alaska Airlines 737 plane adds to the growing list of troubles Boeing has encountered this year Boeing is already facing criminal prosecution threat. As a result of these sanctions, Boeing will not be able access information related to the investigation. Boeing is also set to appear at a board hearing on August 6 and 7 in Washington.

On derivatives' expiry day, Sensex and Nifty opened higher but fell due to profit-booking. Expert Dr. V K Vijayakumar predicts a short-term market rise to Sensex 80,000, led by largecaps like banking and telecom. Osho Krishan advises buying Suven Life Sciences and Sutlej Textiles for potential gains.

Eicher Trucks & Buses, a division of VE Commercial Vehicles (VECV), today announced the production of its 50,000th totally factory-built bus at its Baggad Plant in Madhya Pradesh. The Eicher Skyline Pro E electric bus is the company's milestone vehicle.

More than a year after revelations by Hindenburg Research pulled the rug from under Adani Group stocks, Gautam Adani termed the report as "baseless accusations by a foreign short-seller". In an impassioned speech to shareholders at the annual general meeting (AGM) of Adani Enterprises, the group chairman called the accusations an unprecedented attack on the company's integrity and honour and added that its three core values – the courage to withstand, trust in its capabilities and commitment to purpose, helped the group ride the tide. Gautam Adani said the attack was different from typical short-sellers who looked for financial gains. He called it a two-pronged attack aimed at hurting the group's financial standing and, at the same time, an information distortion campaign, dragging the group into a political battlefield.