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India considers trade curbs on Turkey, Malaysia over Kashmir

Bloomberg India is considering placing curbs on some imports from Turkey and Malaysia, in response to their leaders’ comments on the autonomy of Kashmir, people familiar with the matter said. Prime Minister Narendra Modi’s government is exploring the possibility of both tariff and non-tariff measures to limit import of goods from the two countries, the people said, asking not to ...

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Manila grants tax perks to lure back investors

Bloomberg The Philippine capital is granting tax perks as it seeks to restore the historic city to its glory, Mayor Francisco Domagoso said in his speech before businessmen. Companies that build along Escolta Street in the country’s old business district will be exempted from business and real property taxes for 15 years, Domagoso said in a speech at the Management ...

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Infosys drags Indian stock makets lower

Bloomberg Infosys Ltd dragged India stocks lower after an anonymous whistle-blower complaint alleged the software exporter used irregular practices to shore up profits. The S&P BSE Sensex declined 0.9% to 38,963.84 in Mumbai. The NSE Nifty 50 Index slipped 0.6%. Infosys sank 16%, weighing the most on both gauges and offsetting post-earning gains in HDFC Bank Ltd and Reliance Industries ...

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