India’s recent Budget has introduced what many are dubbing “Harley diplomacy,” as it significantly lowers the cost of premium motorcycles by reducing import duties, according to a ToI report. Ahead of Prime Minister Narendra Modi’s upcoming visit to the U.S., the Union Budget proposes a substantial cut in customs duties on fully assembled motorcycles with engine capacities over 1,600cc—from 50% to 30%. This decision favors luxury brands such as Harley-Davidson, Ducati, Honda, and Suzuki, making these high-end bikes more affordable for Indian consumers.
Govt Restores Commercial LPG Supply, Withdraws Sectoral Curbs After Crisis Eases
The Union government has restored commercial liquefied petroleum gas (LPG) supplies to pre-crisis levels and withdrawn all sector-specific restrictions, signaling a return to normalcy after recent disruptions triggered by geopolitical tensions in...
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