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; Tata Motors, ONGC lead
* The BSE index is up 0.6 percent and the 50-share NSE index rises 0.55 percent. * Shares in India's Tata Motors gain 3.1 percent after unit Jaguar Land Rover (JLR) was seen posting solid January sales. * Oil and Natural Gas Corp gains 1.5 percent, marking a second day of gains after quarterly earnings beat estimates. * Shares in Kingfisher Airlines fall to the maximum daily limit of 5 percent after lenders said they would initiate recovery proceedings against the defaulting carrier. * All eyes are now on January WPI data, due on Thursday, which is expected to have eased to its lowest level in three years, due to a smaller rise in prices of manufactured goods, according to a Reuters poll. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.thomsonreuters.com@reuters.net)
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