Indian shares rise on government’s stimulus boost
Indian shares gained on Monday, led by a
surge in financial stocks, as investors cheered the government’s
decision to withdraw a recent tax surcharge on foreign investors
and speed up a $10 billion capital infusion into state-run
banks.
surge in financial stocks, as investors cheered the government’s
decision to withdraw a recent tax surcharge on foreign investors
and speed up a $10 billion capital infusion into state-run
banks.
Posted by Reuters
