Tuesday, October 16, 2018
 
 
Video: Page (1) of 1 - 05/18/14 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Video: India's New Party Election Could Lure U.S. Firms

By Clip Syndicate
The sweeping victory of India's opposition party and its pro-business leader will likely create a more stable, tax-friendly investment climate for U.S. companies, analysts say. On Friday, the Bharatiya Janata Party and its allies won more than the 272 seats needed for a majority in Parliament, pushing the long-dominant Congress party from power and setting the stage for Hindu nationalist Narendra Modi to become the next prime minster of the world's largest democracy. 63-year old Modi, the son of a tea seller who rose to become chief minister of the western state of Gujarat, campaigned on a platform that focused on economic development -- not religion. For example, the BJP said it would end "tax terrorism" partly by getting rid of controversial 2012 legislation that allowed for retroactive corporate taxes.






Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines