Prime Minister Narendra Modi’s government has its work cut out if it wants to transform the country’s health system and provide a universal health insurance programme.
India’s stock market, like its peers across the world, is no stranger to sudden trading halts due to technical glitches. On Thursday, India’s second-biggest exchange operator BSE halted trading across all its segments due to a network outage. Trading on the NSE bourse was not affected.
Rajiv Gandhi was the former prime minister of India. Rajiv Goswami was a Delhi student who set himself on fire in 1990 to protest job reservations for India’s so-called backward classes. Gandhi has a place named for him in the middle of New Delhi: Rajiv Chowk.
By Sankalp Phartiyal and Ankush Arora
The benchmark BSE Sensex fell in three of five sessions this week, as higher crude prices hurt sentiment and the cabinet’s decision to delay a hike in gas prices disappointed investors. Caution also prevailed ahead of the June derivatives’ expiry on Thursday and fears of more violence in Iraq prompted investors to pare positions.
By Ankush Arora and Sankalp Phartiyal
(Any opinions expressed here are those of the author and not of Thomson Reuters)
In the opening scene of director Sajid Khan’s “Humshakals” (lookalikes), Ashok Singhania (Saif Ali Khan) rattles off a series of unfunny jokes at a club as unamused guests flee. In a way, the scene is a sign of things to come, portending a long-winded tale with dull, contrived and ineffective humour.
Vijender Singh, the pin-up boy of Indian boxing, made his Bollywood debut on Friday, starring in a thriller about four youngsters who get into trouble with the police.
The new government will pursue an economic reform agenda that foresees introducing the goods and services tax, encouraging foreign investment and speeding approvals for major business projects, President Pranab Mukherjee said in a parliamentary address on Monday.
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.
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.