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.
UPI Transactions for Eating Out and Food Delivery Soar 34%
Whether it’s dining out or ordering in, food continues to be India’s favorite indulgence, supported by impressive growth numbers. Spending at restaurants and eateries has surged notably this year, with Unified Payments...
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