Thursday, September 10
Electric vehicle (EV) manufacturers may face a competitive setback if the government proceeds with a proposed reduction in Goods and Services Tax (GST) on internal combustion engine (ICE) vehicles, according to a recent report by HSBC Investment Research.The report highlights that lowering taxes on traditional vehicles could erode the pricing advantage currently enjoyed by EVs, potentially slowing the sector's growth momentum."EV players will face a disadvantage if taxes are reduced on ICE vehicles," the report added.The Government has proposed to scrap two slabs under the GST regime.Bihar Deputy Chief Minister Samrat Choudhary on Thursday said that the Group of Ministers (GoM) has extended its support to the Centre's proposals to eliminate the 12 per cent and 28 per cent slabs under the G
Indians granted visas to study in the UK fell further this year, continuing a downward trend, according to new Home Office data released on Thursday. A total of 98,014 Indian students were issued visas in the year ending June 2025, second only to Chinese students at 99,919. Both groups recorded a fall compared to last year, with Indian numbers down 11 per cent and Chinese numbers down seven per cent. The statistics show that most Indian students are pursuing postgraduate courses. “The trend in sponsored study visas in recent years has been mainly driven by those coming to study for a Master’s... In the year ending March 2025, four out of five (81 per cent) Indian students came to the UK to study for a Master’s level qualification, compared to just over half (59 per cent) of Chinese s
