India wipes ₹2,700 cr auto fuel‑efficiency fines, delays CAFE‑3 compliance
The Indian government erased ₹2,700 cr in CAFE‑2 fuel‑efficiency fines for 18 major automakers, effectively resetting their compliance liabilities. It also pushed the deadline for meeting future CAFE‑3 standards to September 2027, giving the sector breathing room but diluting the original emissions push.