India is cutting the corporate tax rate to 25.2% from 30%. This is to promote growth and investment. India to allow local companies to pay income tax at 22% . The new effective rate on new manufacturing companies is 17.01%. All part of the strategy to avoid the 5% growth trend

Welcome to #India 🇮🇳: Investors are loving the change & hoovering up more Indian equities as the Sensex is up +2.8% after a sharp rally on Friday. They sell most of Asia Narendra Modi is in the US & will likely push investment prospects & visibility NatixisCommitments Natixis Research CIB

Thread Reader App unroll

Polygamy is still common in Africa, the Islamic world and parts of Asia. It makes civil war more likely