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Market Soars On Congress Victory

John Authers, investment editor for the Financial Time, wrote:

"True surprises for markets are rare. Monday’s rise of 17 per cent in India’s benchmark Sensex stock index was an exception. It is plain that the market is very happy that the ruling Congress party won a smashing victory in parliamentary elections, which should now give it much greater freedom of political manoeuvre."

Much hyped Third Front offers more bark than bite

Article Date: 
18 Mar 2009

Last week, Indian politics saw the attempt to create an anti-Congress and anti-BJP Third Front for the upcoming elections. Ten regional and leftist parties huddled near the southern city of Bangalore to discuss alliances, policy directives and possibly the prime minister's post.

Article Author: 
Aaradhana Jhunjhunwala
Article Source: 
Open Democracy
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