The Mint Report for 29 November 2011

Congress president Sonia Gandhi also spoke at the same youth rally. It was her first public speech since she returned from medical treatment in the United States. But Gandhi made no mention of the issue of FDI in retail. Some leaders from within the Congress party believe that decision was ill-timed, coming as it does just ahead of crucial state elections in Uttar Pradesh.

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And finally, Indian markets fell back into the red on Tuesday, with the fight over FDI in retail spooking investors. The Sensex plunged 159 points to 16,008. And the Nifty dropped 46 to 4,805.

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