Politics
Weakened Congress wondering if early elections will help
The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term. Full Article
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MARKET EYE-Indian shares gain; banks, Bharti Airtel leads
* The BSE index up 0.55 percent and the NSE index gains 0.51 percent. * Banking stocks such as ICICI Bank gain on hopes of rising demand for loans in the holiday season. * ICICI bank gains 1.2 percent, while the State Bank of India is up 1.1 percent. * Bharti Airtel gains 0.7 percent after reporting margins slightly better than analysts' expectations, dealers say. * Bharti said consolidated net profit fell 29.8 percent to 7.21 billion rupees ($132.5 million)for its fiscal second quarter ended September from 10.27 billion rupees a year earlier. * However, shares in Tata Power Co Ltd fell 1.03 percent after posting a surprise second-quarter loss on Tuesday, hit by higher finance and depreciation costs at its power projects and lower revenue from its coal units. (abhishek.vishnoi@thomsonreuters.com)
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