BFM 89.9
The Business Station
BFM 89.9
The Business Station
Indian Tax Cuts: Enough to Boost the Economy?
Indian Tax Cuts: Enough to Boost the Economy?
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India unveiled an unexpected corporate tax cut last week, in a move to arrest their falling GDP growth, which touched a six-year low of 5% in the second quarter of 2019. We speak to Ross Cameron, Portfolio Manager/Analyst for Emerging Markets Equities at Northcape Capital, about Indian equities, the biggest winners of the tax cut, and whether at the end of the day it will be enough to save the Indian economy.
Presenter: Lyn Mak, Wong Shou Ning, Sharidz Abdullah
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