India dispatch

A daily take on markets, economy and politics

It was all thanks to the stars, Stupid!

Well now it’s all clear: The Congress-led government won the confidence thanks to the stars! Late on Monday astrologer M Sivagurunathan, and several others, called the election in favour of Manmohan Singh:

“The planet Jupiter is favourably placed in Manmohan Singh’s horoscope. This will protect him against the Saturn and Mars combination, that is in the 10th cuspal point from his ascendant, because of which he is facing this situation,” he told the Times of India.

Obviously!

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July 23, 2008 Posted by indiadispatch | Uncategorized | , , , , , , , | 1 Comment

Live blogging: Bookies pay $12m for MPs vote

Independent MPs in India’s parliament are having a hard time deciding whether to vote for or against the UPA government led by Manmohan Singh. The challenging decision, though, is not related to political principles or beliefs, but its related to picking the best monetary offer.

Newspapers in India and abroad have been reporting all kinds horse trading, but the one that beats them all is the bookies offer to buy MPs vote to help them win their bets.

The Times of India reports that: “bookies — [who ] consider the UPA government as the odds-on favourite to survive the trust vote — have developed huge stakes in the continuance of the UPA government and are going all out to try and fix the outcome of the trust vote.”

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July 22, 2008 Posted by indiadispatch | Uncategorized | , , , , , , , , , , , , | 2 Comments