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GST 2.0: Luxury EV penetration declines
January 05, 2026
|Financial Express Kolkata
ELECTRIC VEHICLE (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions offering better total cost of ownership, according to industry players.
While the trend is also visible in the mass market segment, it is the entry luxury segment that is witnessing a more marked shift towards internal combustion engine (ICE) vehicles as price difference between EV and ICE widened under the new GST rates.
هذه القصة من طبعة January 05, 2026 من Financial Express Kolkata.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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Financial Express Kolkata
Trade deal stalled as Modi didn’t call Trump: US Commerce Secy
ATRADE PACT between India and the United States stalled last year because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump ahead of a deal, US Commerce Secretary Howard Lutnick said on Friday.
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Major reforms expected in customs procedures
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1 mins
January 10, 2026
Financial Express Kolkata
Fx reserves drop $9.8 bn, biggest dip in 14 months
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1 min
January 10, 2026
Financial Express Kolkata
RBI guv: Regulators and regulated are in the same team
RESERVE BANK OF India (RBI) governor Sanjay Malhotra on Friday said digitalisation is transforming the financial system, demanding agility and collaboration in regulation and supervision.
1 min
January 10, 2026
Financial Express Kolkata
Govt's AGR lifeline to lift Vi's funding prospects
Telco gets 10-yr moratorium
1 min
January 10, 2026
Financial Express Kolkata
Pension funds may directly invest in infra
ASSETS UNDER MANAGEMENT under NPS for the government sector and the nongovernment sector stood at around ₹16 lakh crore as on November 30, 2025.
1 mins
January 10, 2026
Financial Express Kolkata
Bain’s Manappuram deal faces delay as RBI objects
SEBI, COMPETITION COMMISSION HAVE ACCORDED APPROVALS
1 min
January 10, 2026
Financial Express Kolkata
Trump cancels 2nd wave of attacks on Venezuela
US PRESIDENT DONALD Trump said he had canceled a second wave of attacks on Venezuela following cooperation from the South American nation.
1 min
January 10, 2026
Financial Express Kolkata
EV sales momentum to slow down in 2026
CHINA'S RETAIL SALES of newenergy vehicles (NEVs) are set to expand at a slower pace this year as government-backed trade-in subsidies are gradually phased out, removing a key pillar of support for the world's biggest auto market.
1 min
January 10, 2026
Financial Express Kolkata
Gifting of MF units to minors will not lower tax liability
YOUR QUERIES: INCOME TAX
2 mins
January 10, 2026
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