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GST 2.0: Luxury EV penetration declines

Financial Express Lucknow

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January 05, 2026

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.

- PRESS TRUST OF INDIA

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.

Financial Express Lucknow'den DAHA FAZLA HİKAYE

Financial Express Lucknow

Bangladesh suspends visa services in India

BANGLADESH'S INTERIM GOVERNMENT on Thursday saidit hasasked its key missions in India,including at New Delhi, to suspend visa services over security concerns.

time to read

1 min

January 09, 2026

Financial Express Lucknow

India, Germany close to $8-bn submarine deal

INDIA AND GERMANY are hammering out the details of a submarine manufacturing deal worth at least $8 billion — the largest-ever defence agreement for New Delhi — according to officials with direct knowledge of the details.

time to read

2 mins

January 09, 2026

Financial Express Lucknow

Flexicap plans trim mid-cap holdings

THE ALLOCATION OF assets under management (AUM) of flexicap schemes towards mid-cap stocks has fallen from around 16-17% in the past three years to 14% as of November-end, ACE MF data show.

time to read

1 mins

January 09, 2026

Financial Express Lucknow

2025 reset cooperation priorities

FfD4, COP30, and the G20 were opportunities for India to show its prowess for multilateral negotiations, while rejuvenating its domestic stance on tax policy

time to read

3 mins

January 09, 2026

Financial Express Lucknow

Sebi alleges BofA unit shared private information

THE WALLSTREET Journal first reported the October 30 dated Sebi notice, citing people familiar with the matter.

time to read

2 mins

January 09, 2026

Financial Express Lucknow

RBI mulling more relief for tariff-hit exporters

THE RESERVE BANK of India (RBI) is considering new ways to support exporters hit by US tariffs after a moratorium on loan repayments it offered last year drew few takers, two sources aware of the matter said.

time to read

1 mins

January 09, 2026

Financial Express Lucknow

Jewellery stocks decline despite robust Q3 updates

SHARES OF JEWELLERY companies, including Senco Gold, PC Jeweller, Kalyan Jewellers, PN Gadgil, TBZ and Titan, fell on Thursday, a day after staging a sharp rally on the back of strong Decemberquarter (Q3) updates.

time to read

1 min

January 09, 2026

Financial Express Lucknow

US court orders Vembu to furnish $1.7-bn bond in divorce case

A CALIFORNIA COURT, hearing the divorce petition of Zoho co-founder and chief scientist Sridhar Vembu, has directed him to submit a bond of $1.7 billion, citing concerns over post-petition asset transfers and their potential impact on the division of marital property.

time to read

1 min

January 09, 2026

Financial Express Lucknow

Alphabet pips Apple, No. 2 in m-cap

AFTER THE Al BOOM

time to read

1 min

January 09, 2026

Financial Express Lucknow

Higher US tariffs loom over India

Move to punish countries buying oil from Russia

time to read

1 min

January 09, 2026

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