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Jul 8, 2014
via India Insight

Railway Budget 2014: Reactions from the common man

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In his maiden budget, Railways Minister Sadananda Gowda said the bulk of India’s future railway projects will be financed through public-private partnerships and that his ministry would seek cabinet approval for allowing foreign direct investment in the state-owned network. (Click here for Rail Budget highlights)

India Insight spoke to people at the New Delhi railway station for their thoughts on the railway budget:

Jun 20, 2014
via India Insight

Markets this week: Mahindra and Mahindra, RIL top Sensex losers

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By Ankush Arora and Sankalp Phartiyal

The BSE Sensex and Nifty, India’s main stock indexes, both fell 0.5 percent this week as worries over escalating Iraq tensions, a weak domestic monsoon and profit-taking weighed on sentiment.

On Friday, global oil prices inched towards a nine-month high on increased risks of supply disruption from Iraq. Investors fear spiraling crude prices and a weak monsoon could add to inflation woes and hurt India’s current account deficit.

Jun 6, 2014
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Markets this week: Sensex surges 5 percent on hopes from Modi, ONGC rallies

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By Ankush Arora and Aditya Kalra

The BSE Sensex ended at a record closing high on Friday, rising 5 percent during the week, as Indian shares rallied on hopes of faster economic recovery after Narendra Modi became India’s prime minister last month.

Markets have high hopes that the new Modi-led government would push for policy reforms and end bottlenecks that have stymied growth in Asia’s third-largest economy.

Jun 5, 2014
via India Insight

Brokerages bullish on Sensex, revise targets after Modi win

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By Sankalp Phartiyal and Aditya Kalra

Indian stock markets rallied to record highs in May with the benchmark BSE Sensex breaching the 25,000 mark for the first time after Narendra Modi won a clear mandate to govern Asia’s third-largest economy.

Markets surged as Modi’s Bharatiya Janata Party (BJP) and its allies stormed to power on promises to revive India’s struggling economy, which is growing below 5 percent, and create more jobs for its 1.25 billion people.

May 30, 2014
via India Insight

Modi boost helps Sensex rise 8 pct in May, Sesa jumps 51 pct

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By Ankush Arora and Sankalp Phartiyal

Indian shares rose sharply and scaled new record highs in May, with the benchmark index rising above 25,000 points on hopes of an economic revival after pro-business Narendra Modi became India’s new prime minister.

The BSE Sensex touched a life high of 25,375 points on May 16, the day results for the five-week election gave Modi’s Bharatiya Janata Party a clear mandate to govern Asia’s third-largest economy. In May, the index rose 8 percent, its best monthly performance since October.

May 16, 2014
via India Insight

Markets this week: BHEL, Sesa Sterlite top Sensex gainers

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By Ankush Arora and Sankalp Phartiyal

India’s stock market closed the week on a record-breaking note as the Bharatiya Janata Party led by Narendra Modi swept the Lok Sabha election, handing the Congress party its worst ever result.

Surpassing 25,000 for the first time on the day of counting, the benchmark Sensex jumped 4.9 percent this week. The broader Nifty, which also scaled a fresh peak on Friday, rose 5 percent.

May 9, 2014
via India Insight

Markets this week: ICICI, Hindalco top Sensex gainers

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By Sankalp Phartiyal and Ankush Arora

The BSE Sensex and the Nifty rose more than 2 percent in a week that was largely lacklustre until the main stock indexes hit fresh life highs on Friday, buoyed by optimism that India’s principal opposition party would get a majority in the ongoing election.

On Monday, India will vote in the last leg of its staggered five-week long election that began on April 7. Results are due on May 16.

Mar 31, 2014
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Markets this quarter: Sensex gains 5.7 percent, L&T surges 19 percent

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By Aditya Kalra and Sankalp Phartiyal

Indian shares posted record highs in March as strong foreign buying sent blue-chip stocks such as Larsen & Toubro higher and boosted overall investor sentiment ahead of a general election.

Provisional data showed foreign investors bought shares worth more than $3 billion in March, pushing the BSE Sensex to a life high of 22,467.21 points on the last trading day of the quarter. While the index rose 6 percent during the month, it rose 5.7 percent in the Jan-March period.

Mar 21, 2014
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Markets this week: M&M, GAIL top Sensex losers

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By Sankalp Phartiyal and Ankush Arora

India’s benchmark indexes ended lower this week after scaling fresh peaks on Tuesday. The Sensex ended the week down 0.26 percent in its second consecutive week of falls. Indian markets were shut on Monday for a public holiday.

While strong buying by foreign investors bolstered blue chips, profit-booking and worries U.S. interest rates would rise sooner than expected kept shares under pressure.

Mar 5, 2014
via India Insight

Key dates in India’s election history

Voting for the 2014 general election will begin on April 7, the Election Commission said on Wednesday.

(For facts and figures on the 2014 election, click here)

Here is a timeline of key dates in India’s election history:

1947 – Jawaharlal Nehru, one of the founding fathers of independent India, becomes the country’s first prime minister. His appointment starts a long period of political dominance of the Congress party and the country’s most powerful dynasty, the Gandhi-Nehru family.