The Indian government on Tuesday announced its list of cabinet ministers along with their portfolios, a day after Narendra Modi was sworn in as the new prime minister.
The benchmark BSE Sensex rose 2.4 percent this week as domestic-oriented stocks surged on hopes the incoming BJP government would keep up its promises to kick start an economy whose growth has dipped to its slowest in a decade.
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.
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.
Cosmetic surgeon Jamuna Pai inspects the face of the Miss India contestant before her in Mumbai, furrows her brow and points to a blemish. The verdict: the young woman needs a botox injection in her chin because the “proportions are off by 0.6 percent.”
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By Shyamantha Asokan
Nitin Gadkari is a top leader of India’s Hindu nationalist opposition party, which is forecast to emerge as the front-runner in the country’s mammoth general election. A series of opinion polls this year say that the Bharatiya Janata Party (BJP), led by prime ministerial candidate Narendra Modi, will win the biggest chunk of the 543 parliamentary seats up for grabs. Results are due on May 16.
Campaign season in India means it’s also promise season, and political parties aren’t short on pledges for what they would do if they come to power after election results come out in May. From the Tamil Nadu-based MDMK party’s pledge to rename the country “The United States of India” to the Odisha-based BJD‘s promise to “guarantee” development projects, there are plenty of promises floating around to help parties capture, retain or regain power.