Needing Help to Stay in Office, Modi No Longer Appears All-Powerful
Suddenly, the aura of invincibility around Narendra Modi has been shattered.
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Suddenly, the aura of invincibility around Narendra Modi has been shattered.
India is counting its over 640 million votes to decide who will win the nation’s biggest-ever election.
Selloff comes after polls predicting large majority for National Democratic Alliance sent stocks to all-time highs.
A tight Varanasi race and BJP’s Maharashtra downfall – here’s how India’s 2024 Lok Sabha polls defied expectations.
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.
In India’s last general election, in 2019, Prime Minister Narendra Modi’s party won 303 of 543 parliamentary seats — nearly six times as many as the main opposition party, the Indian National Congress. It was a stinging electoral blow for the Congress, a once-dominant party that has appeared greatly diminished in recent years, and exit polls in this year’s election had not suggested it would fare much better.
NEW DELHI -- Election Commission officials on Tuesday began counting ballots cast over India's six-week general election, which closed on June 1.
TOKYO -- Indian stocks rose in Monday morning trading, lifted by exit polls suggesting a landslide victory for Prime Minister Narendra Modi's ruling alliance in the world's largest general elections.