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Sensex senses stability followed by growth

The 30-stock index of Sensex will be seen touching an all time high probably before the country goes to polls for electing the Lok Sabha in 2014. The failure of the UPA-II government to increase the economic growth of the country where inflation has been at an all time high is set to be past. The Lok Sabha elections are all set to usher in the BJP which is expected to become the largest single party riding on the Modi wave. The 30-stock index is merely 496.75 points away from the peak figure of 21483.74 mark scaled on December 9, last year. The uppish curve of the stock markets will likely enable the Sensex to touch an all time new high of 22000 just on the eve of the elections 2014 in India. It seems that the markets have become sagacious about the stability of the incoming government leading to the economic growth of the...

Lok Sabha 2014 – overview

With the Lok Sabha polls knocking at the door all the parties are out with their latest strategies on the anvil. The BJP has been busy wooing the minorities especially the Muslims with their innovative propaganda. There is no doubt about two facts in the lead up to the elections slated to be held this year in April-May 2014. The first of them being, the trust and conviction that Narendra Modi BJP’s Prime Ministerial candidate has generated among the electorate who feel that he is man who should be the PM of the country. Most of the people of India are totally disgusted with the disillusioned rule of the UPA-II government and will vote against the Congress in these elections being the second point. BJP however is in a fix as they have been labeled non-secular and the hard liners in their party and among their allies are core right winged. The riots of Godhra have left about an indelible mark on the minds of the people which their call for development of India has not been able to erase completely. The BJP chief Rajnath Singh while addressing a Muslim gathering at New Delhi tried to make amends stating that the party was ready to apologize to the public for wherever mistakes they had committed and accept it with shame. It is however not known whether this is also a pre-election strategy that is being aimed to garner minority votes. Singh reiterated that their party was for development of India irrespective of religion, caste or creed. He requested them that they should vote to bring them to power by securing a majority in the coming elections for the benefit of the entire nation. Just like Modi he asked for a chance to fulfill their expectations by aiding them to secure the magical figure of 272+ seats in the Lok Sabha. The BJP chief assured that the BJP will forge a nation where brotherhood and humanity will reign. Conversing on the devastating riots of Gujarat in 2002 he added that their rivals were simply beating the drums so as to build up a negative image of Modi and BJP as they had to cover up their own past mistakes. He also added that the court has granted a clean chit and there is no case against Modi now. The BJP chief said that in accordance to the Indian Constitution reservations are be provided on the right basis and not on religious lines. BJP leader Arun Jaitley also called upon all...

Another take for the third front

The impossible has being achieved on the Indian political firmament as a third front is being formed to take on the fight in the upcoming Lok Sabha elections against both BJP and Congress. CPI-M leader Prakash Karat announced at a press meeting after heads of 11 parties met today at Delhi to form a platform that is non-BJP and non-Congress. The objective of such an alliance will be to prevent the BJP and its allies from coming to power at the Centre as their basic policies are non-secular. Earlier an informal meeting had been held between Bihar CM Nitish Kumar and the Left leaders to evoke the idea of floating a third alliance at the residence of JD(S) chief and former PM HD Deve Gowda. The parties included under the umbrella are the Janata Dal United, the Samajwadi Party, the AIADMK, the Janata Dal Secular, the Biju Janata Dal and the Left. However CPI-M leader Sitaram Yechury had ruled out its taking shape before the Lok Sabha polls on Monday last. Samajwadi Party leader Mulayam Singh had also agreed with him in the run up to this meeting of 11 party heads. The front would bring relief to the people of India both in the economic front while protecting them from communal forces. Mamata Banerjee (Trimanul Congress) and Lalu Prasad (RJD) have ruled out joining the front with Lalu Prasad calling it an alliance where everyone wants to be the PM of the...

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