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Bulletin
Also a Times investigation into the destruction in Ukraine.
By Amélia Nierenberg
Indian Prime Minister Narendra Modi called for a third term. But early effects suggest his party won by a much narrower margin than expected. The aura of invincibility that surrounded Modi has been shattered.
The effects indicated that Modi’s Bharatiya Janata Party would still win maximum parliamentary seats, but not enough to secure an absolute majority. He will probably want small parties in his coalition to form a government. The result was an unexpected setback for B. J. P.
See the effects here.
The Indian National Congress, the main opposition, is doing more than expected. The party, according to many, is irrevocably weakened after heavy defeats in the last two elections. Congress and its allies have increased their margin against Modi by taking advantage of problems such as unemployment. , social justice, and the prime minister’s ties to India’s billionaires.
Background: Modi will be only the second Indian leader to begin a third consecutive term after Jawaharlal Nehru, the first prime minister. Modi called it “a historic achievement in Indian history. “
Economy: As the effects became more apparent, Indian stock markets plummeted. Yesterday, at the end of trading, markets were down 6 percent, all but erasing the year’s gains.
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