EV manufacturers point out that converting a regular petrol car into a flex-fuel vehicle requires only about Rs 17,000-25,000 per unit, whereas developing an EV demands vastly greater investments in research, battery development, and localisation.
A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote.
A Manipur Police commando and two police constables were killed while nine others were injured when militants ambushed road-opening parties at two different places in Chandel district of Manipur on Thursday.
Sandeep Shanbhag offers tips on post Budget taxation rates.
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