Look to Gujarat to hear ‘good news’

Some 10 days ago, when the stock market was witnessing a momentary upturn on the news of the Prime Minister’s new purposefulness in decision-making, a senior executive of a reputable stockbroking firm telephoned me. What, he asked, was the likelihood of the Samajwadi Party replacing the Trinamool Congress in the government and facilitating the much-delayed FDI in retail?

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