The best journalists get front-row seats to the most tumultuous years of a nation. Rajdeep Sardesai, one of India’s best-known journalists, was in such a position for this year’s general election in India, in which 815 million people voted. Their decisions brought the Bharatiya Janata Party and its leader Narendra Modi into power, ending 67 years of near-uninterrupted control of Indian politics by the Congress Party and the Nehru-Gandhi clan.
Love him or hate him, you cannot ignore him. If you’re in India, the chances are that there’s at least one of his novels on your bookshelf or one of his columns in the newspaper in front of you on the table. If you still haven’t escaped from him, there are tons of interviews lately like this one showing up in front of you.
In his maiden budget, Railway Minister Sadananda Gowda said the bulk of future railway projects will be financed through public-private partnerships and his ministry would seek cabinet approval for allowing foreign direct investment in the state-owned network, excluding passenger services.
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.
India’s diversified equity funds outperformed the broader markets in May and recorded their best monthly performance in five years, as stocks rallied on hopes of an economic revival after the Narendra Modi-led Bharatiya Janata Party (BJP) won a decisive election mandate.
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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.