India Finance Minister Says Growth Needs Equity Capital
Nirmala Sitharaman said India needs capital, especially equity, to sustain growth of more than 7%, as foreign investors seek tax relief after selling a record $31 billion in Indian stocks this year.
India needs equity capital to support growth, the country's federal finance minister said on Monday, as foreign investors seek tax relief after selling a record $31 billion in Indian stocks this year.To sustain growth of more than 7%, India needs capital, especially equity, Nirmala Sitharam said at…