SUBSCRIBERS
Mumbai votes as India's sales tax threatens revenue
Published Tue, Feb 21, 2017 · 09:50 PM
Mumbai
INDIA'S financial hub Mumbai went to the polls on Tuesday to elect a civic administration that will shepherd it through an expected fall in revenue amid the rollout of a national sales tax.
At stake is the municipality's ability to provide better living standards in Mumbai - key to the success of Prime Minister Narendra Modi's plan to compete with the likes of Singapore by offering foreign entrepreneurs residency rights.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
German unemployment rises more than expected, labour office says
China’s top leaders hint at property support, interest rate cuts
Thai economic growth slows in March due to soft demand, tourism
Indonesia may offer dual citizenship to attract overseas workers, minister says
Bank of Japan upbeat on consumption, service price outlook
Any pivot on rates by Fed will mean more blood in stock markets