Modi’s election shortfall in India has Wall Street scrambling

Modi’s election shortfall in India has Wall Street scrambling

Indian Prime Minister Narendra Modi gestures, at the Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024.  Adnan Abidi | Reuters A stunning political setback for Indian Prime Minister Narendra Modi has business executives in the country furiously making calls, trying to better understand the impact on India’s economy and investment landscape following Modi’s failure to … Read more

India’s Modi secures record 3rd term but his party loses outright majority  – National

India’s Modi secures record 3rd term but his party loses outright majority  – National

China, Ukraine and other nations sent their congratulations on Wednesday as Prime Minister Narendra Modi’s government began preparations for his swearing-in for a record third term following the world’s largest democratic election. Modi’s Hindu-nationalist Bharatiya Janata Party planned to meet with allies later Wednesday to discuss the government’s formation. Official results from the Election Commission … Read more

stocks, news, data and the next ECB decision

stocks, news, data and the next ECB decision

European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank’s Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024. Frederick Florin | Afp | Getty Images European stocks were higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank … Read more

India’s election results deal a blow to Modi’s political, economic plans

India’s election results deal a blow to Modi’s political, economic plans

Indian Prime Minister Narendra Modi gestures as he arrives at Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024.  Adnan Abidi | Reuters The election outcome in India has turned out to be a huge political blow for Prime Minister Narendra Modi and his ruling party, and has significant implications on how … Read more

Roaring Kitty’s wealth, Modi’s victory

Roaring Kitty’s wealth, Modi’s victory

Traders work on the floor of the New York Stock Exchange (NYSE) in January, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

India’s Narendra Modi declares victory despite election blow

India’s Narendra Modi declares victory despite election blow

India’s Prime Minister Narendra Modi (C) flashes victory sign as he arrives at the Bharatiya Janata Party (BJP) headquarters to celebrate the party’s win in country’s general election, in New Delhi on June 4, 2024.  Arun Sankar | Afp | Getty Images Indian Prime Minister Narendra Modi declared victory in the country’s election late on … Read more

India election: PM Modi may need coalition allies to secure 3rd term – National

India election: PM Modi may need coalition allies to secure 3rd term – National

Prime Minister Narendra Modi’s coalition led in a majority of seats Tuesday in India’s general election, according to early figures, but faced a stronger challenge from the opposition than expected after it pushed back against the leader’s mixed economic record and polarizing politics. Modi was still widely expected to be elected to a third five-year … Read more

Indian Opposition Calls Its Strong Election Showing A ‘Moral And Political Loss’ For Modi

Indian Opposition Calls Its Strong Election Showing A ‘Moral And Political Loss’ For Modi

NEW DELHI (AP) — India’s main opposition Congress party has called its alliance’s strong showing a “win for democracy” and a “moral and political loss” for Prime Minister Narendra Modi. Modi was still widely expected to be elected to a third five-year term and a partial count showed his coalition led in a majority of … Read more

Modi’s BJP-led alliance set for narrower-than-expected win

Modi’s BJP-led alliance set for narrower-than-expected win

India’s Prime Minister Narendra Modi displays his inked marked finger after casting his ballot at a polling booth at Ranip, Ahmedabad on May 7, 2024.  Sajjad Hussain | Afp | Getty Images The Bharatiya Janata Party-led National Democratic Alliance was set to come to power in India again, according to the Election Commission of India … Read more

Vote counting to start, Modi’s BJP projected to win

Vote counting to start, Modi’s BJP projected to win

Supporters of the ruling Bharatiya Janta Party (BJP) holding cut-outs of India’s Prime Minister a Narendra Modi during an election campaign rally in Amritsar on May 30, 2024.  Narinder Nanu | Afp | Getty Images India will start counting votes for its 2024 general election at 08:00a.m. local time on Tuesday, with Narendra Modi projected … Read more