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-SGX Nifty flat; U.S 'cliff' talks key
* Nifty futures on the Singapore Exchange gain 0.06 percent. The MSCI-Asia Pacific index, excluding Japan is up 0.08 percent. * Investors will watch the progress in the talks in Washington on how to avert the "fiscal cliff", $600 billion worth of tax hikes and spending cuts to take effect in the new year, after the Christmas break. * Foreign investors bought 4.6 billion rupees of stocks, while domestic institutions sold 2.4 billion rupees of stocks on Monday, when India's BSE index closed little changed at 19,255.09 points. * Traders feel the market has consolidated around current levels and further policy reforms are necessary for the market to scale new highs at a time when domestic flows are muted. * Credit Analysis and Research Limited (CARE) shares are set to list on Wednesday. (manoj.dharra@thomsonreuters.com)
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