कोशिश गोल्ड - मुक्त
Tax change can force EVs to win on value
Financial Express Mumbai
|October 25, 2025
TCO, NOT TAX BREAKS, WILL DEFINE THE WINNER: OSM
INDIA'S PUSH FOR green mobility has hit an interesting crossroads. The recent reduction of the goods and services tax (GST) on petrol, diesel, and CNG three-wheelers from 28% to 18% has narrowed the price gap with their electric counterparts, which retain a favourable 5% GST rate. This reform, intended to boost the overall auto sector, has sparked concern among some in the electric vehicle (EV) industry that price-sensitive buyers might revert to internal combustion engine (ICE) options.
But Uday Narang, founder of the commercial electric mobility firm Omega Seiki Mobility (OSM), views the GST reduction as a catalyst for efficiency and innovation within the EV space.
यह कहानी Financial Express Mumbai के October 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Financial Express Mumbai से और कहानियाँ
Financial Express Mumbai
Byju's plea against Aakash rights issue rejected
THE NATIONAL COMPANY Law Tribunal has declined to grant any interim relief to insolvency-bound edtech firm Byju’s, which sought to restrain Aakash Educational Services (AESL) from convening its extraordinary general meeting (EGM) for arights issue.
1 min
October 25, 2025
Financial Express Mumbai
Don't give any comfort to dishonest taxpayers: FM
Festive retail sales hit ₹6.05 lakh crore, surge 25% annually
2 mins
October 25, 2025
Financial Express Mumbai
Sebi blocks mutual funds from pre-IPO investments
IN A SURPRISE development, the Securities and Exchange Board of India (Sebi) has directed mutual fund (MF) houses not to invest in pre-initial public offering (IPO) share placements.
2 mins
October 25, 2025
Financial Express Mumbai
GX Group to invest ₹3,000 cr in Photonics chip ecosystem
GX GROUP, A Netherlands-headquartered broadband major plans to invest about Rs 3,000 crore over the next four years into its new subsidiary, GX Quantum Photonics focused on developing advanced indigenous photonic chips and modules for 5G/6G, AI data centres, EV LiDAR, and quantum communication applications.
1 min
October 25, 2025
Financial Express Mumbai
Why single out India for restrictions, asks Goyal
INDIA ON FRIDAY questioned “selective exemptions” from sanctions by the US on buying oil from Russian companies, while singling out India for penal tariffs and indicated that decisions like sanctions have to be taken by the world as a whole.
1 min
October 25, 2025
Financial Express Mumbai
Adland's heart loses its beat
IN PIYUSH'S WORLD, Bobby Pawar did not exist.
1 mins
October 25, 2025
Financial Express Mumbai
US govt to fight lawsuits challenging $100K H-1B visa fee
THE US GOVERNMENT has said it will fight lawsuits aimed at blocking the $100,000 fee imposed on new H-1B visa petitions, asserting that “for far too long” the system was “spammed with fraud” and must be overhauled to prioritise American workers.
1 min
October 25, 2025
Financial Express Mumbai
RBI proposes 70% cap on financing for acquisitions
Suggests raising banks’ exposures to capital market
3 mins
October 25, 2025
Financial Express Mumbai
Blackstone acquires 70% in Ace Insurance for ₹1,700 cr
GLOBAL PRIVATE EQUITY giant Blackstone has acquired a majority stake in New Delhi-based Ace Insurance Brokers for around ₹1,700 crore, marking one of the largest transactions in India’s insurance intermediary market.
1 mins
October 25, 2025
Financial Express Mumbai
RBL in talks to onboard 160 mn Zerodha clients
RBL BANK IS in advanced discussions to open bank accounts for Zerodha’s 160 million broking clients — a move that could unlock up to ₹40,000 crore in sticky deposits and deliver more than 30% overnight boost to the bank’s deposit base — said sources close to the development.
2 mins
October 25, 2025
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