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India Election

All articles tagged with #india election

market-and-economy1 year ago

Modi's Narrow Win Shocks Markets and Investors Worldwide

Investors remained optimistic despite a weaker-than-expected JOLTS report, with major indexes closing higher. India's Prime Minister Narendra Modi declared victory in a tight election, likely needing coalition support. Analysts discuss the potential impact of Apple's upcoming Worldwide Developers Conference on its stock, particularly regarding AI advancements. Oil prices fell as OPEC+ did not extend production cuts, disappointing traders. President Biden's executive action on immigration aims to reduce asylum seekers at the southern border, while Warner Bros. Discovery announced a price hike for its streaming service Max.

politics1 year ago

Modi Claims Victory in India Election, Faces New Challenges

Indian Prime Minister Narendra Modi has declared victory in the general election, securing a third consecutive term for his coalition, but fell short of the landslide win he anticipated. The BJP-led alliance won 288 out of 543 parliamentary seats, while the opposition INDIA coalition secured 233 seats, defying exit polls. The muted celebrations at BJP headquarters contrasted with the jubilant mood at the opposition Congress party office. The narrower-than-expected victory has raised concerns about the BJP's ability to pass legislation and maintain its dominance.

politics1 year ago

Modi's Victory Overshadowed by BJP's Election Setbacks

Indian Prime Minister Narendra Modi declared victory in the national elections, securing a third term for his National Democratic Alliance (NDA). However, his Bharatiya Janata Party (BJP) fell short of an outright majority, necessitating reliance on coalition partners. The results mark a significant setback for Modi, who had aimed for a 400-seat supermajority. The opposition, led by Rahul Gandhi's National Congress, made unexpected gains, challenging Modi's previously unassailable electoral dominance. The election outcome has significant implications for India's political landscape and its strategic global relationships.