Politics

Supporters holding flags of ruling Congress party leave after attending an election campaign rally by Rahul Gandhi at Hardoi district in Uttar Pradesh January 28, 2012. REUTERS/Adnan Abidi/Files

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; US 'fiscal cliff' bill passed

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Chinese Premier Li Keqiang waves upon his arrival at the airport in New Delhi May 19, 2013. Li on Sunday arrived in New Delhi for a three-day state visit. REUTERS/Adnan Abidi

Li Keqiang in India

Chinese Premier Li Keqiang on a three-day state visit.  Slideshow 

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Wed Jan 2, 2013 10:39am IST 

* The BSE index gains 0.63 percent after rising to its
highest intraday level since April 2011, while the NSE index
 is up 0.64 percent.
* The NSE is close to breaching the 6,000 mark for the first
time since Jan. 7, 2011. 
* The U.S. House of Representatives approved a deal on the
so-called fiscal cliff, sparking broad-based buying.
 
* Banking shares lead gainers as hopes for a January rate cut
gathered steam. ICICI Bank gains 1.1 percent while
State Bank of India is up 1.3 percent.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.reuters.com@reuters.net)
India Markets
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