India Sensex Rises as Pay Hike Lifts Automakers, Consumer Stocks

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  • Govt to aim to pass GST Bill in monsoon session of parliament
  • Mining companies, restaurant chains advance on new policies

Indian stocks advanced to a one-week high after the government approved an increase in salaries for civil servants, spurring optimism the payout will bolster consumption that has been the key driver of the nation’s world-beating growth.

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