(Bloomberg) — Sign up for theIndia Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Most Read from Bloomberg Indian Prime Minister Narendra Modi’s vast domestic agenda is in jeopardy after his party failed to win an outright majority in […]
(Bloomberg) — Prime Minister Narendra Modi is facing his first challenge after forming the government as a national entrance exam for admission to India’s medical colleges sparked outrage over allegations of corruption. Most Read from Bloomberg Some 2.4 million students took the exam this year to get admissions for over 100,000 seats in state-run and […]
By Rishika Sadam HYDERABAD, India (Reuters) – A former member of the opposition Congress and an on-and-off ally of Indian Prime Minister Narendra Modi could decide the shape and stability of the next government after a vote count on Tuesday returned a fractured verdict. Chandrababu Naidu, whose party has the second highest number of parliamentary […]
By Sarita Chaganti Singh, Rishika Sadam and Rupam Jain NEW DELHI/HYDERABAD (Reuters) -Regional parties in Indian Prime Minister Narendra Modi’s alliance demanded on Thursday more funds for their states and federal cabinet positions as negotiations began on forming a new coalition government, alliance leaders and sources said. Modi was named leader of the National Democratic […]
NEW DELHI (AP) — India’s bruised and battered opposition was largely written off in the lead-up to the national election as too weak and fragmented to take on Prime Minister Narendra Modi and his powerful Hindu nationalist governing party. It scored a stunning comeback, slowing the Modi juggernaut and pushing his Bharatiya Janata Party well […]
(Bloomberg) — After falling short of a majority in India’s election, Narendra Modi’s future is now in the hands of two notoriously unreliable allies. Most Read from Bloomberg Modi’s ruling Bharatiya Janata Party was leading in 240 seats, short of the 272 needed for an outright parliamentary majority. He can still form a government if […]
(Bloomberg) — For Gautam Adani, an underwhelming election win for Narendra Modi’s party is worse than a short-seller attack. Most Read from Bloomberg The Indian tycoon’s wealth tumbled by almost $25 billion Tuesday, the biggest one-day loss for an Asian billionaire ever, after the Modi-led political alliance failed to deliver the landslide electoral victory predicted […]
Prime Minister Narendra Modi’s National Democratic Alliance coalition has won a majority in parliament, according to official results from India’s Election Commission. The commission said the NDA won 285 seats and was leading in one race yet to be called, more than the 272 seats needed to secure a majority but far fewer than had […]
India’s ruling Bharatiya Janata Party, or BJP, had hoped for a landslide victory in the country’s six-week general election – the largest display of democracy, by far, in a year of voting around the world. But with results still coming in on June 4, 2024, the party, led by Prime Minister Narendra Modi, looked to […]
Prime Minister Narendra Modi’s coalition is leading in a majority of seats in India’s general election, according to early figures. However, Mr Modi’s coalition faces a stronger challenge from the opposition than expected after it pushed back against the leader’s mixed economic record and polarising politics. The counting of more than 640 million votes cast […]
By Sethuraman N R BENGALURU (Reuters) -Indian shares posted their worst session in more than four years on Tuesday, as voting trends showed Prime Minister Narendra Modi’s alliance falling short of a predicted landslide victory. While the Modi-led National Democratic Alliance will still likely form the government, analysts said the Bharatiya Janata Party winning fewer […]
By YP Rajesh, Shilpa Jamkhandikar and Shivam Patel NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP)-led alliance raced to a clear majority in the 543-member lower house of parliament in early vote-counting trends on Tuesday, TV channels showed. The channels showed the ruling National Democratic Alliance (NDA) was ahead in more […]