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Tax change can force EVs to win on value
Financial Express Bengaluru
|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.
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Financial Express Bengaluru
PMO reviews IndiGo flight disruptions
SENIOR OFFICIALS FROM the DGCA, the Airports Authority of India, and the Ministry of Civil Aviation met with the Prime Minister's Office (PMO) late on Tuesday to discuss IndiGo's recent flight disruptions.
1 min
December 11, 2025
Financial Express Bengaluru
Are you helpless? Delhi HC asks Centre
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1 min
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Financial Express Bengaluru
Airbus CEO: Boeing likely to win order race this year
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1 min
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Financial Express Bengaluru
India's offer best: USTR
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2 mins
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Financial Express Bengaluru
1% of Indians hold 40% of wealth
ENTRENCHED INEQUALITY
1 min
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Financial Express Bengaluru
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1 min
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Financial Express Bengaluru
Booster dose for spatial tech
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1 mins
December 11, 2025
Financial Express Bengaluru
Fast adoption to define AI winners: Nadella
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1 min
December 11, 2025
Financial Express Bengaluru
State refiners lead in Russia oil deals; RIL halts purchases
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2 mins
December 11, 2025
Financial Express Bengaluru
India-EU deal blueprint almost ready, says Goyal
FTA TRACKER
1 mins
December 11, 2025
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