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Monday, September 9, 2024

Gadkari: EVs may not need subsidies in 2 years

Nitin Gadkari, the road transport minister, indicated that electric vehicles could be subsidy-free within two years as their prices are expected to equal those of petrol and diesel vehicles due to declining battery costs. He emphasized consumer choice and highlighted issues related to fuel import bills and pollution from internal combustion engine vehicles.

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'Appropriate time for a rate cut': RBI governor in policy meet

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