The core team: Dr. Manmohan Singh, prime minister, with Sonia Gandhi and Rahul Gandhi
Results of the general elections in India have been announced, and Congress beat its toughest competitor, BJP, by a mile. The nation welcomed the results with open arms. Hope and optimism abound: India is looking forward to a government that brings with it political stability, no sudden swings in decision-making (this time the ruling party isn’t at the mercy of its sometimes unruly allies), and the possibility of continuing on the growth path while (hopefully) shielding the nation from the full impact of the global recession. The stock market has responded with a big thump: The BSE (Bombay Stock Exchange) Sensex rose more than 2,111 points to around 14,000 on Monday morning. Even if temporarily, consumers have all but forgotten the sounds of slowdown. It’s out-and-out buoyancy!
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