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India Businesses Cheer Opposition's Election Gains

In India, stock markets and businesses are upbeat following a solid win for the opposition in a recent round of state elections. Domestic investors hope these victories will propel the Bharatiya Janata Party, seen as more business friendly, into power in national elections to be held by May next year.   The opposition Bharatiya Janata Party’s victories in four key state elections prompted stock markets to rise to a record high earlier this week before losing some momentum by...

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