Prime Minister Narendra Modi spoke to his New Zealand counterpart and expressed his gratitude for the warm wishes extended to him on securing a third term in office. Modi also discussed ways to strengthen the bilateral ties between the two countries and enhance cooperation in various sectors. The conversation between the two leaders reflects the strong bond and friendship between India and New Zealand.
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‘India a hot market but…’: Tesla says 100% car tariffs make customers anxious
Tesla, led by Elon Musk, views India as a promising market but is hindered by a 100% import tariff on automobiles, causing customer anxiety regarding vehicle pricing. CFO Vaibhav Taneja noted the company is evaluating its entry timing, as Tesla has made steps like securing showroom locations and advertising job openings, while also importing a Model Y vehicle for shipping purposes. Despite discussions with Indian officials to reduce tariffs, local manufacturers oppose any reductions, complicating...
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