Advertisement
Singapore markets open in 4 hours 22 minutes

  • Straits Times Index

    3,292.69
    +10.64 (+0.32%)
     

  • S&P 500

    5,018.39
    -17.30 (-0.34%)
     

  • Dow

    37,903.29
    +87.37 (+0.23%)
     

  • Nasdaq

    15,605.48
    -52.34 (-0.33%)
     

  • Bitcoin USD

    57,343.11
    -2,450.02 (-4.10%)
     

  • CMC Crypto 200

    1,195.00
    -144.06 (-10.77%)
     

  • FTSE 100

    8,121.24
    -22.89 (-0.28%)
     

  • Gold

    2,328.60
    +25.70 (+1.12%)
     

  • Crude Oil

    79.21
    -2.72 (-3.32%)
     

  • 10-Yr Bond

    4.5950
    -0.0910 (-1.94%)
     

  • Nikkei

    38,274.05
    -131.61 (-0.34%)
     

  • Hang Seng

    17,763.03
    +16.12 (+0.09%)
     

  • FTSE Bursa Malaysia

    1,575.97
    -6.69 (-0.42%)
     

  • Jakarta Composite Index

    7,234.20
    -7,155.78 (-49.73%)
     

  • PSE Index

    6,700.49
    -69.15 (-1.02%)
     

India's new EV policy allows imports from any country, including China, official says

Reuters

NEW DELHI (Reuters) - India has no restrictions on the import of electric vehicles from any country, including China, under a new EV policy, a senior government official told broadcaster CNBC-TV18 on Tuesday.

Last month, India announced lowering import taxes on certain electric vehicles produced by carmakers who commit to invest at least $500 million and start domestic manufacturing within three years.

(Reporting by Shivam Patel in New Delhi; Editing by YP Rajesh)