Obesity has become too big a problem for India to ignore
Puja Changoiwala is the Mumbai-based author of the novel "Homebound" and the nonfiction books "Gangster on the Run" and "The Front Page Murders."
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Puja Changoiwala is the Mumbai-based author of the novel "Homebound" and the nonfiction books "Gangster on the Run" and "The Front Page Murders."
MUMBAI/TOKYO -- The chipmaking equipment industry is moving to set up bases of operation in India, as the country emerges as a promising alternative to China amid tensions between Beijing and the West.
Modi’s Bharatiya Janata Party (BJP), which emerged the winner but fell well short of its target of an overwhelming parliamentary majority, is expected to be sworn into office this weekend with the support of allies under the National Democratic Alliance (NDA).
Narendra Modi’s Bharatiya Janata Party (BJP), which has held a commanding presence in the Indian parliament, has lost its outright majority. This political shake-up triggered immediate turbulence in the financial markets.
Selloff comes after polls predicting large majority for National Democratic Alliance sent stocks to all-time highs.
Traders in Mumbai started the day with a shock as India began tallying votes from a seven-week election and it became clear that the government of Narendra Modi was not doing nearly as well as expected. By the end of trading on Tuesday, the markets were down 6 percent, nearly wiping out the year’s gains.
MUMBAI/SINGAPORE — Indian stocks tanked the most in four years on Tuesday (June 4), as vote counting suggested Prime Minister Narendra Modi's Bharatiya Janata Party (BJP)-led alliance is unlikely to win an overwhelming majority as predicted by exit polls.