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Budget paves the way for India-US Harley diplomacy as customs duty on bigger bikes slashed
Credit: IndiaTimes- Published on February 2, 2025
Ahead of PM Modi's visit to the US, the Union Budget reduces import duties on bigger bikes, benefiting companies like Harley-Davidson. While cars like Tesla saw a customs duty cut, the actual effective tax remains unchanged due to the newly added Agriculture Infrastructure and Development Cess.
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Union budget of India
Annual budget of the Republic of India
Leader of the House J P Nadda expressed the government's readiness to discuss any issue but criticized the opposition for attempting to disrupt proceedings..
Credit: IndiaTimes - Published 18 hours ago
Narendra Modi
Prime Minister of India since 2014
Amit Shah has announced an investment of Rs 2.5 lakh crore for the northeastern states, ensuring job opportunities within the region in the next 10 years. Under..
Credit: IndiaTimes - Published 27 minutes ago
Congress leader Gaurav Gogoi in Lok Sabha demanded a statement from Prime Minister Modi over his discussions with US President Trump on trade and tariffs...
Credit: IndiaTimes - Published 36 minutes ago
Prime Minister Narendra Modi addressed the Indian diaspora in Mauritius, highlighting the deep historical and cultural ties between the two nations. He announced..
Credit: IndiaTimes - Published 2 hours ago
Mauritius Prime Minister Navinchandra Ramgoolam announced that Prime Minister Narendra Modi will be conferred with the country’s highest civilian award, The..
Credit: IndiaTimes - Published 3 hours ago
Prime Minister Narendra Modi presented a Banarasi saree in royal blue to Mauritius President Dharam Gokhool's wife, Brinda, during his visit for the National Day..
Credit: IndiaTimes - Published 6 hours ago
Tesla, Inc.
American electric vehicle and clean energy company
Amid the market volatility sparked by Donald Trump's on-off tariff plans, during which the benchmark S&P 500 index fell by 3.1% last week and the Nasdaq entered..
1 day ago • Sky News
US President Donald Trump claimed India has agreed to reduce tariffs after being exposed for high charges. This announcement comes as Tesla anticipates entering..
Credit: IndiaTimes - Published 4 days ago
US companies Harley-Davidson and Tesla, despite President Trump's push for lower Indian import duties, prefer manufacturing outside the US. Harley imports its..
Credit: IndiaTimes - Published 5 days ago
Tesla charging stations have been set on fire in the US state of Massachusetts as a backlash against Elon Musk grows.
6 days ago • Sky News