The Reserve Bank of India’s monetary policy committee is likely to keep repo rates unchanged when it announces its decisions on Friday. This is expected to take place as the MPC is aiming to support the recovering economic growth.
Union Minister for Road Transport & Highways Nitin Gadkari said that Tesla has been in talks with the government and that they have been asked to make their cars in India. He also said that a Tesla car will be ‘sasti’ and cost Rs 35 lakh.
Benchmark indices opened lower amid mixed global cues on Monday. At 9:18 hours, Sensex declined 96 points to 59,963.36 and Nifty slipped 23 points to 17,872.
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