The cut to 18% is sensible and the localisation condition is the right one. A locally built hybrid still pays eighteen times what a new energy vehicle pays.
15 Sep
The Wire
Latest
The cut to 18% is sensible and the localisation condition is the right one. A locally built hybrid still pays eighteen times what a new energy vehicle pays.
15 Sep
A ceiling on unpaid refunds is not a commitment to pay them. Rs390 billion is roughly $1.4 billion of private working capital held at zero interest.
15 Sep
A hawkish hold with a named 50-100bp hike in reserve — and a Rs75 billion fuel subsidy that shifts inflation from the CPI into the deficit.
15 Sep
No app, no data connection, no smartphone. The Fuel Pass System reuses biometric SIM registration — but the token redemption controls have not been published.
15 Sep
Tech
No app, no data connection, no smartphone. The Fuel Pass System reuses biometric SIM registration — but the token redemption controls have not been published.
15 Sep
Business
A ceiling on unpaid refunds is not a commitment to pay them. Rs390 billion is roughly $1.4 billion of private working capital held at zero interest.
15 Sep
Economy
A hawkish hold with a named 50-100bp hike in reserve — and a Rs75 billion fuel subsidy that shifts inflation from the CPI into the deficit.
15 Sep
Industry
The cut to 18% is sensible and the localisation condition is the right one. A locally built hybrid still pays eighteen times what a new energy vehicle pays.
15 Sep
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