India to Cut Taxes, Increase Spending in Bid to Revive Growth - News Summed Up

India to Cut Taxes, Increase Spending in Bid to Revive Growth


NEW DELHI—India is cutting income taxes and increasing spending, hoping to resuscitate growth, which has tumbled to a 10-year low in Asia’s third-largest economy. Some economists and executives, however, warned that some of the measures unveiled over the weekend could end up hurting the economy more than they help it. In its national budget...


Source: Wall Street Journal February 02, 2020 13:30 UTC



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