The National Stock Exchange building in Mumbai, India. Reuters
Mamata Banerjee’s prime ministerial ambitions may have been severely jolted by the violence during the West Bengal elections which has recalled, according to a polling officer, what used to happen in Bihar a decade or so ago. Nor is the latest period of lawlessness the only time when West Bengal has seen such unruliness.
This refers to the report ‘Modi will return to power in a big way, exit polls indicate,” May 20, Gulf Today). There have already been speculations over the results of several exit polls, conducted mainly by the leading news channels in India. It seems the outcome of the so called polls gives a sigh of relief to the BJP-led NDA alliance,
On May 23, the seven-week long Indian election process will come to an end. The votes will be counted and a winner will be declared. No matter who wins, the real winner will be India’s democracy. I say this as an Indian American who has had the privilege of living in the two largest — and, I would add, greatest — democracies in the world.
India’s new comprehensive Cooling Action Plan targets an increase in sustainable cooling for the good of its population, while helping to fight climate change As UN Environment pointed out, four years after temperatures hit the high forties in India, claiming over 2,000 lives, parts of the country
Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding on the timing of its planned $15 billion listing in the city, with sources saying China’s biggest e-commerce company is now considering different dates.
Mexico’s central bank (CB) has hinted that further monetary policy easing could be on the way. The bank cut its key lending rate on Thursday for the first time since June 2014, citing slowing inflation and increasing slack in the economy.
Global stock markets rose on Friday as investors put economic growth fears and trade jitters to one side, deciding that they had had enough drama and losses for one week.
Goldman Sachs India Securities said India has already attracted $13 billion net foriegn funds so far this year and expects the trend to continue. “India has already attracted net capital inflows of about $13 billion so far this year which contrasts