The second advantage for incumbents, at least in India, is they have a long history of after sales for their existing vehicles and that has to translate to the EV as well.
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.
Gold and silver prices opened higher on MCX as easing geopolitical tensions and US-Iran peace talk hopes influenced sentiment. Silver gained sharply while gold held
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