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We have seen an example of one such action, and that is the cut in the rate of taxes paid by Indias corporates. The stock market reacted very positively to this step by the Narendra Modi government and we shall see in the coming days if this enthusiasm continues and delivers stronger growth. The state that is efficient can devise and implement policies that it believes can boost growth. However, this can happen only when the state is efficient in doing this. (Representational image)Business
India emerges fourth largest stock market

Edges Hong Kong with $4.4 tn market capitalisation

24 Jan 2024 1:35 AM IST

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