India to cut taxes on many consumer goods following steep US tariffs | NYGazet

India moves to cut taxes on hundreds of consumer goods ranging from air conditioners to small cars to bolster local consumption and cushion the economy from the blow of steep U.S. import tariffs.

NEW DELHI (AP) — India will cut taxes on hundreds of consumer goods ranging from air conditioners to small cars to bolster local consumption, its government said Wednesday, as New Delhi moves to cushion its economy from the blow of steep U.S. import ... [2238 chars]