Modi’s Pay Increase for India Federal Staff Fuels Sensex Rally

Updated on
  • Sensex jumps most in Asia as auto, consumer companies shine
  • Consumption to help boost demand ‘robustly’: Deutsche Bank

India’s benchmark equities index climbed to a 13-month high as automakers and consumer companies rose amid speculation payment of past dues to government staff this week will stoke sales of cars and appliances.

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