Thursday was ‘Super Thursday’ in India – the biggest day in the country’s protracted general election – and beyondbrics takes a look at the battle in Maharashtra.
With Easter this weekend, the FT India team will give the blog a break on Friday – but check back next week as elections continue in the world’s largest democracy. Continue reading »
It is what might be dubbed “super Thursday” in India, the biggest voting day in the country’s month-long election. 121 constituencies are up for grabs in a dozen states, including Uttar Pradesh, the largest electoral battleground.
But strategists for the ruling Congress party, facing an ignominious defeat, will be paying just as much attention to voters turning out today in Maharashtra — a stronghold the party hopes may just save it from a polling washout. Continue reading »
As we heard from the FT this morning, film stars in India often graduate into politics, putting their fame to use at the ballot box.
Stars from Bollywood and many of its regional language peers have been making the move into politics for decades now, supporting parties from either end of the political spectrum. But this year, parts of the film industry have been pushing the electorate to vote for a ‘secular’ party – a thinly veiled nudge away from would-be prime minister, Narendra Modi. Continue reading »
With the Indian Premier League cricket tournament kicking off on Wednesday, people were a little distracted from the mammoth general election.
But beyondbrics took a look at the criminal and financial history of candidates in Mumbai and questioned whether anyone – even Narendra Modi – can kick start the economy quickly. Continue reading »
Voting is already underway in the state of Maharashtra, with citizens in the city of Mumbai casting their ballot next week.
And to stir things up, National Election Watch has released a new report analysing the financial and criminal records of candidates in the region. The questionable past of many leading figures in Indian politics is, sadly, old news. But the fact that organisations are digging up such detailed information on would-be leaders is a sign of progress in the world’s largest democracy, where governance has become the issue of the day. Continue reading »
By Rajeev Malik
Fixing India’s economic ills will be challenging, even for Modi.
India is a country with multiple social, political and economic personalities. Decisions and their outcomes often appear to challenge logic, and rarely fail to confound, amaze or disappoint – sometimes all at once. Even on a good day, there seems to be crisis somewhere in the folds of this chaotic democracy. On a bad day, one often wonders how it functions at all, let alone how it evolved to be Asia’s second-fastest growing economy, before losing that status to multiple and self-inflicted policy mistakes. Continue reading »
Infosys kicked off earnings season on Tuesday morning and inflation numbers were released later in the day, putting the spotlight on business and the macroeconomy in India.
Beyondbrics took a look at the latest opinion polls and the more charismatic but yet less politically active of the Gandhi siblings – Priyanka Gandhi. Continue reading »
Though opinion polls are predicting that the Bharatiya Janata Party will lead India’s next government, there are some skeptics. They don’t doubt that the opposition Hindu nationalists will win enough seats to form a coalition, but think it may not win enough to appoint its controversial prime ministerial candidate, Narendra Modi.
Now, a new poll says the party will win 226 of the 543 elected seats in the Lok Sabha. Add in its allies and that is a total count of 275 seats – enough to give Modi the top job. Continue reading »
It has been years since Priyanka Gandhi was first touted by India’s governing Congress party as a political secret weapon who would one day be wheeled out to save the party and perhaps the nation.
Priyanka – daughter of Congress leader Sonia Gandhi, sister of the party’s figurehead Rahul Gandhi and great grand-daughter of India’s first prime minister Jawaharlal Nehru – was the subject of an article two years ago by my FT predecessor James Lamont entitled “Priyanka Gandhi’s time will come“. Continue reading »
It is a bank holiday in Mumbai, meaning markets are closed, but there was still lots for India to debate in the midst of a general election.
A new book on Sonia Gandhi’s control over Prime Minister Manmohan Singh has the public up in arms. And our guest writers question how certain the outcome of the polls really is. Continue reading »
Indian voters are turning out to cast their ballot in unusually high numbers, as the controversial Narendra Modi goes head to head with Rahul Gandhi, the scion of the Nehru-Gandhi dynasty.
That’s good news for Indian democracy. But why are more people coming out to cast their vote this year? And what does that mean for the results of the 2014 general election? Continue reading »
By Ashutosh Varshney
All opinion polls have predicted that the National Democratic Alliance (NDA), headed by Narendra Modi, leader of the Bharatiya Janata Party (BJP), will form the next government in India, even if it does not get an outright majority of parliamentary seats. While this may well come true, we need to ask some questions about how precisely opinion polls can predict winners in India’s parliamentary elections. Continue reading »
In spite of the 6.8 per cent slump in the share price of Adani Enterprises on Friday, the shares of the group led by billionaire industrialist Gautam Adani are up 163 per cent over the past six months – a performance that far outstrips the 11 per cent rise in the benchmark Nifty index over the same period.
The question is: what has turbo-charged the share price over the past six months and in particular on Thursday this week, when shares jumped 22.9 per cent before the partial correction on Friday? Continue reading »
A slew of new economic data out of Friday signalled just how badly India’s economy is doing. Industrial production in the month of February was far worse than expected. The trade gap narrowed, but partly because domestic demand is so weak at home. And a local industry body confirmed that car sales contracted for the second financial year in a row.
It’s time India got a new government – and your busy correspondents got a weekend break. Continue reading »
Thursday should have been marked as the day when voters in Delhi cast their ballot.
Instead, it will probably be marked as the day when Narendra Modi, prime ministerial candidate for the opposition Bharatiya Janata Party, finally admitted that he is married. Continue reading »