India’s Slowing Economy Puts Modi’s Coming Budget on the Spot

  • 📰 WSJ
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Investors, companies and consumers will look to the budget announcement—expected Saturday—for signs Prime Minister Modi has a clear plan to reverse the slump

NEW DELHI—With economic growth flagging, India’s government will offer a budget that increases spending while seeking new revenue from sales of government companies and higher tariffs.

The spending is meant to put more money in consumers’ pockets, both directly and by creating jobs in industries such as construction.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India must spend — not cut taxes — to boost ailing economy, says professorIndia grew by just 4.5% in the three months that ended in September — it was the slowest expansion in six years for Asia's third-largest economy. Isn't 4.5% a great growth rate? I mean, we didn't grow that much. More like perfesser.
Source: CNBC - 🏆 12. / 72 Read more »

Coronavirus flight suspensions: Delta, American, United - Business InsiderDelta just suspended China flights for longer than any other airline, a red flag as the unprecedented coronavirus wreaks havoc on the airline industry Looks like Delta is actually being realistic about how long this is going to impact China travel.
Source: BusinessInsider - 🏆 729. / 51 Read more »