Govt extends EV motor import deadline to Aug end

The Centre has relaxed localisation rules under the PM E-DRIVE scheme, allowing electric bus and truck makers to import traction motors with rare-earth magnets till August 31. The move comes as manufacturers continue to face supply constraints.

In notifications issued on March 13, the Ministry of Heavy Industries extended the deadline to stop imports of traction motors used in electric trucks (N2/N3) and buses (M2/M3). This is the second such extension. The earlier deadline had already been pushed to March 2026. Read full story

Sensex slips after rally, IT stocks drag market lower

Indian equity markets traded lower on Tuesday as weakness in IT stocks and selling in heavyweight shares dragged indices down, keeping investors cautious amid global cues.

This comes after a strong rebound in the previous session, where the BSE Sensex surged nearly 939 points (1.26%) to close at 75,502.85, reclaiming the 75,500 mark. During Monday’s session, the index touched a high of 75,805.27 and a low of 73,949.76.

The Nifty 50 also gained 257.70 points (1.11%) to settle at 23,408.80, snapping a three-day losing streak before Tuesday’s fresh decline.

Horoscope today

Aries: Past efforts may pay off, and recognition may grow, though minor injury risks and business setbacks may occur.

Taurus: Workplace appreciation and job opportunities may arise, though family tensions and possible deception require caution.

Gemini: Job opportunities and career growth look promising, but betrayal risks and emotional matters may trouble you.

Cancer: Unexpected financial gains are possible, though eye issues and concerns about elders’ health may arise.

Leo: Workplace disappointment and health issues may affect you, so avoid investments and manage emotional stress.

Virgo: Job opportunities and recognition may come, though rising expenses and health concerns may create pressure.

Libra: Financial improvement is possible, but relationship tensions and health issues may need attention.

Scorpio: Business gains may come, but impulsive decisions, health concerns and family tensions require caution.

Sagittarius: Recognition and success in exams may bring joy, though workplace rivalry and health issues may arise.

Capricorn: Career growth is possible, though family health concerns and strained sibling relations may trouble you.

Aquarius: Workplace frustration and relationship issues may arise, though business gains and job opportunities may appear.

Pisces: Academic success and business gains are likely, though rising expenses and emotional sensitivity may affect you.