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

  • 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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.