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Mumbai to be made a global financial hub: Sinha

The Dollar Business Bureau Emphasizing on ‘Why can't India become an international financial centre like Singapore and London?,’ the Indian Minister of State for Finance Jayant Sinha on Friday said that the Government of India mulls to develop Mumbai as a major international finance centre. Sinha also exuded confidence that the $ 2 trillion Indian economy will become a $ 4-5 trillion economy in the next 10-12 years, speaking at an event organized by the Indian Private and Venture Capital Association (IVCA) in Delhi. Referring to this as a right time when India is receiving good capital inflows, Sinha called for investments assuring investors of addressing tax issues in the upcoming budget. Earlier on Thursday, in a meeting with the Central Government ...