Heard on the Street: India's prime minister and President Trump took to the stage together in Texas on Sunday. At home, Narendra Modi’s finance ministry is taking a leaf out of the Trump playbook with a headline-grabbing corporate tax cut.
Indian Prime Minister Narendra Modi and President Trump took to the stage together in Texas on Sunday. At home, Mr. Modi’s finance ministry is taking a leaf out of the Trump playbook with a headline-grabbing tax cut for companies.
The move could goose the Indian equity market, but won’t begin to remedy what ails the broader economy.
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