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Asian news from Mumbai

Obesity has become too big a problem for India to ignore - asia.nikkei.com - India -  Mumbai

Obesity has become too big a problem for India to ignore

Puja Changoiwala is the Mumbai-based author of the novel "Homebound" and the nonfiction books "Gangster on the Run" and "The Front Page Murders."

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Nikkei staff writers - India attracts chipmaking equipment companies as China alternative - asia.nikkei.com - Japan -  Tokyo - China - Taiwan -  Beijing - India -  New Delhi -  Mumbai - South Korea

India attracts chipmaking equipment companies as China alternative

MUMBAI/TOKYO -- The chipmaking equipment industry is moving to set up bases of operation in India, as the country emerges as a promising alternative to China amid tensions between Beijing and the West.

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Can India - Biman Mukherji - Can India’s Modi win over allies to press ahead with economic reforms after election? - scmp.com - India -  Mumbai - county Christian

Can India’s Modi win over allies to press ahead with economic reforms after election?

Modi’s Bharatiya Janata Party (BJP), which emerged the winner but fell well short of its target of an overwhelming parliamentary majority, is expected to be sworn into office this weekend with the support of allies under the National Democratic Alliance (NDA).

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Narendra Modi - Diksha Madhok - Indian stocks have worst day in 4 years as Modi’s hopes of a huge majority fade - edition.cnn.com - India -  New Delhi -  Mumbai

Indian stocks have worst day in 4 years as Modi’s hopes of a huge majority fade

New Delhi CNN —

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Nigel Green - India investor appeal to survive Modi vote setback - asiatimes.com - India -  New Delhi -  Mumbai

India investor appeal to survive Modi vote setback

Narendra Modi’s Bharatiya Janata Party (BJP), which has held a commanding presence in the Indian parliament, has lost its outright majority. This political shake-up triggered immediate turbulence in the financial markets.

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India’s stock market dips as expectations of Modi landslide recede - aljazeera.com - India -  Mumbai

India’s stock market dips as expectations of Modi landslide recede

Selloff comes after polls predicting large majority for National Democratic Alliance sent stocks to all-time highs.

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Alex Travelli - India’s Stock Market Tumbles on Close-Run Election Result - nytimes.com - India -  Mumbai

India’s Stock Market Tumbles on Close-Run Election Result

Traders in Mumbai started the day with a shock as India began tallying votes from a seven-week election and it became clear that the government of Narendra Modi was not doing nearly as well as expected. By the end of trading on Tuesday, the markets were down 6 percent, nearly wiping out the year’s gains.

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Narendra Modi - India shares plunge as polls show Modi's mandate slipping - asiaone.com - India - Singapore -  Mumbai

India shares plunge as polls show Modi's mandate slipping

MUMBAI/SINGAPORE — Indian stocks tanked the most in four years on Tuesday (June 4), as vote counting suggested Prime Minister Narendra Modi's Bharatiya Janata Party (BJP)-led alliance is unlikely to win an overwhelming majority as predicted by exit polls.

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