India’s Delhi mandates electric-only new registrations for two- and three-wheelers Change Delhi, India will prohibit registration of new petrol two-wheelers from April 1, 2028 and require that all new three-wheeler registrations be electric from January 1, 2027. Why it matters The policy removes internal-combustion vehicles as a valid option for new fleet additions in one of India’s largest urban transport markets. Vehicle sourcing, fleet expansion, and dealer inventory strategies must shift to electric models within defined timelines, eliminating the ability to add petrol or diesel vehicles to the city’s operational fleet. Economic Times · Apr 12 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India’s Karnataka state imposes 5–10% lifetime road tax on electric cars, jeeps and buses Change India’s Karnataka state amended its Motor Vehicles Taxation rules to impose a one-time lifetime road tax on electric cars, jeeps and buses at 5% for vehicles priced under ₹10 lakh, 8% for ₹10–25 lakh and 10% above ₹25 lakh, payable at registration; electric two-wheelers remain exempt. Why it matters The amendment removes EV tax exemption in one of India’s key auto markets, introducing an upfront cost burden at purchase. Automakers, financiers and fleet operators must now adjust pricing, demand expectations and financing structures for EV sales in Karnataka. Economic Times · Apr 11 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India delays energy efficiency deadline for counter-top induction hobs Change India delayed the mandatory star-labelling compliance for counter-top induction hobs by six months, moving the enforceable deadline from July 1, 2026 to January 1, 2027. Why it matters Regulatory enforcement of mandatory star-rating requirements for counter-top induction hobs is suspended, removing the immediate compliance obligation for manufacturers and importers. The pause creates uncertainty for buyers and for schedules tied to energy-efficiency upgrades, forcing changes to procurement and certification timelines. Economic Times · Apr 6 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
Italy, Germany, Spain, Portugal and Austria ask EU to tax energy surplus profits Change Italy, Germany, Spain, Portugal and Austria sent a joint letter to the European Commission requesting an EU-wide contributory tax on excess profits from energy companies that would revive the 2022 solidarity contribution and target large multinational oil firms including profits earned abroad. Why it matters The ministers insist national excise moves must be paired with a coordinated EU instrument, which constrains member states from financing temporary consumer relief solely through unilateral measures. That demand raises the requirement for a common legal basis and agreement on levy scope and revenue-sharing before any EU-coordinated relief can be implemented. Euronews · Apr 5 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
Sri Lanka raises electricity tariffs and orders strict energy conservation Change Sri Lanka implemented new electricity prices effective April 1, applying an 8.5% increase for most users and a 25% rise for consumers exceeding 180 units per billing cycle, and directed state institutions to switch off air conditioners by 3 p.m. Why it matters Public-sector and municipal operations face mandatory limits on daytime grid consumption that restrict scheduling of activities requiring significant power. Event organisers can no longer use the national grid for gatherings above 100 people and must secure alternative generation or reduce attendance. The Hindu · Mar 31 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India mandates E20 petrol supply nationwide Change India mandated oil marketing companies to supply petrol blended with 20% ethanol (E20) across all states and Union Territories, effective April 1. Why it matters Retail and distribution networks now face a uniform E20 availability requirement that eliminates staggered regional rollouts. Fuel procurement and logistics teams must incorporate ethanol sourcing, storage and blending into national allocation plans to avoid supply gaps. India Today · Mar 30 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
US Treasury Department issues licenses for Venezuela critical-mineral operations Change The US Treasury Department on March 27, 2026 issued general licenses authorizing the supply of specified items and services for critical-mineral operations in Venezuela and permitting the negotiation and execution of contingent investment contracts there. Why it matters Operators engaging with Venezuela's minerals sector must now ensure activity fits within the license conditions to remain lawful. That requirement forces firms and financial intermediaries to change compliance, contracting, and transaction-screening procedures to rely on the new legal pathway. National Today · Mar 29 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India caps industrial and commercial gas at 80% Change India capped industrial and commercial gas usage at around 80% of normal consumption and imposed export levies on diesel and aviation turbine fuel. Why it matters Operators now face binding supply constraints that make maintaining current production schedules harder without fuel switching or output cuts. Exporters must absorb higher shipment costs or curtail outbound sales because levies raise the marginal price of exports. Economic Times · Mar 28 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India extends electric two-wheeler subsidies and e-rickshaw support Change India extended subsidies for electric two-wheelers through July 31, 2026, raised the electric two-wheeler sales target to 2.48 million units, and extended subsidies for e-rickshaws and e-carts through March 31, 2028 while sharply reducing the allocation for the e-rickshaw/e-cart category. Why it matters Procurement and rollout plans must now account for a finite subsidy eligibility window that forces faster purchasing and claims processing. Small-scale e-rickshaw and e-cart projects face substantially reduced available support, increasing the likelihood that some planned units will not receive scheme funding. Economic Times · Mar 28 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India caps incentives and sets registration deadlines for electric two- and three-wheelers Change India limited PM E-DRIVE subsidy eligibility to electric two-wheelers with ex-factory prices up to Rs 1.5 lakh and electric three-wheelers up to Rs 2.5 lakh, capped total scheme disbursements at Rs 10,900 crore, and fixed registration cut-offs of July 31, 2026 for two-wheelers and March 31, 2028 for three-wheelers. Why it matters The revision creates binding eligibility gates based on vehicle price and registration timing, so units that exceed the price ceilings or are registered after the cut-offs cannot claim PM E-DRIVE support. Because the scheme is fund-limited and subcomponents can close once allocations are exhausted, claimants face the risk that incentives will end before the scheme’s terminal date. Economic Times · Mar 28 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India relaxes land-border bidding restrictions for BHEL tenders Change India granted a five-year exemption from Rule 144(xi) of the General Financial Rules, 2017 for 21 critical inputs in Bharat Heavy Electricals Limited tenders, allowing companies from countries that share a land border with India, including China, to participate in bidding. Why it matters Procurement teams at Bharat Heavy Electricals Limited must now accept and evaluate bids from firms based in neighbouring land-border countries for the listed advanced industrial inputs, removing the previous registration barrier. Domestic manufacturers of these 21 items can no longer rely on land-border exclusions to block foreign competitors and must compete directly for BHEL orders. Economic Times · Mar 27 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
India's PNGRB orders city gas distributors to provide piped gas to residential institutions Change India's Petroleum and Natural Gas Regulatory Board (PNGRB) ordered city gas distributors to provision piped natural gas to residential schools, colleges, hostels and similar communal kitchens within five days where infrastructure permits, and to submit a compliance report after five days and then daily. Why it matters City gas distributors must prioritise and implement last-mile piped connections to residential educational and communal housing facilities under a compressed timetable. The order also requires ongoing reporting, forcing distributors to resolve local infrastructure bottlenecks and scheduling constraints quickly. The Hindu · Mar 26 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link