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.
Bharti Airtel Hits Record 40% Revenue Market Share, Pushes for Tariff Hike
Bharti Airtel’s revenue market share soared to an all-time high of nearly 40% in FY 2024–25, marking a 1.78 percentage point increase year-on-year in its mobile services segment. Despite the strong performance,...
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