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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India shares post biggest daily gain in 2 wks on rate cut hopes
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MUMBAI, Jan 25 (Reuters) - Indian shares posted their
biggest daily percentage gain in almost two weeks on Friday, as
interest-rate sensitive stocks such as State Bank of India rose
on expectations the central bank will ease monetary policy next
week.
Maruti Suzuki India Ltd gained 4.2 percent after
posting its first quarterly profit increase in 18 months.
State Bank of India rose 2.4 percent, while
property developer DLF Ltd gained 3 percent.
The BSE index provisionally rose 0.96 percent,
posting its biggest gain since Jan. 14. The 50-share NSE index
gained 0.92 percent.
(Reporting by Manoj Dharra; Editing by Rafael Nam)
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