COALITIONS

IS killed more than 4,000 since Syria territorial defeat: monitor

Islamic State fighters have killed nearly 4,100 people in Syria since 2019, according to a war monitor. This comes despite the jihadist group's loss of its last stronghold in the country that year.

8% GDP growth not sustainable yet; bond index inclusion may see short-term volatility: Abheek Barua

After the inclusion in the JP Morgan global bond index, in the short term. we need to prepare for volatility. But in the long term, the collateral and the second-round benefits are huge, says Abheek Barua. He expects this to lead to an improvement in the fixed-income ecosystem, which unfortunately has not taken off that well

Fiscal discipline key to India's growth prospects: Sanjay Nayar

So, we will have to also think about how we channel the energies towards more advanced and more modern techniques and technology, because that is what we need right now.

'You have to vote' Donald Trump tells US evangelical Christians

Former US President Donald Trump urged evangelical Christians to vote for him in the upcoming November election, promising to "aggressively" protect their religious freedom if elected. Speaking at a Washington conference organized by the Faith and Freedom Coalition, Trump emphasized the need for higher voter turnout among evangelicals, who were pivotal in his 2016 victory and 2020 campaign. He assured his audience of his commitment to defending religious liberty and addressing anti-Christian bias through a proposed federal task force.

Swearing-in ceremony of a coalition government

It was the fifth oath-taking ceremony at the Rashtrapati Bhavan forecourt and was the largest. Besides Prime Minister Narendra Modi, leaders of regional parties, including Chirag Paswan and Ram Mohan Naidu, received the loudest cheer.

Markets should double in next four-five years: Milind Karmarkar

Maybe we will look at it at that point in time, but right now we miss getting into it early, but as of now we do not want to buy it.

See policy continuity even with coalition government: Gokul Laroia, CEO, Morgan Stanley Asia

Morgan Stanley's Asia CEO Gokul Laroia discussed Indian elections, markets, and risks with Nishanth Vasudevan before an investor conference.

The world's now oysterer: Why a coalition govt will likely add to India’s geopolitical heft, not reduce it

The Modi government has already set out to tweak its image. In his first address to NDA members on June 7, the PM said his government believed in the philosophy of 'Sarva Panth Sambhava' (all religions are equal)'. At the diplomatic level, the image of a friendly and more accommodating government would help win many more friends.

PM Modi equals record feat of 3rd straight term as challenges await

Prime Minister Narendra Modi took the oath of office for a third straight term, making history as the first non-Congress leader to achieve this feat. His BJP party's third-best tally of 240 seats is seen as a disappointment despite the victory. The National Democratic Alliance, led by Modi, won 293 seats, the biggest success for any pre-poll alliance without a single party majority. Modi's political journey from Gujarat chief minister to the helm of Indian politics has been marked by a mix of Hindutva and development, reshaping the political landscape.

Modi 3.0 takes shape: List of ministers who will likely be part of NDA Cabinet

On Sunday, Bharatiya Janata Party leader Narendra Modi is set to begin his third term, with the National Democratic Alliance playing a significant role. Around 30 ministers will be sworn in at the presidential palace, with their identities yet to be revealed but speculated upon by insiders. In the 2024 elections, Modi's BJP fell short, prompting negotiations with the 15-member coalition, the NDA, to secure parliamentary majority.

Economists expect big-bang reforms to continue under Modi 3.0

Modi is set to be sworn in for third term as India's Prime Minister in coalition government with key partners Telugu Desam Party and Janata Dal (United). Economists anticipate focus on economic reforms to achieve goal of Vikshit Bharat by 2047. Budget to prioritize infrastructure, manufacturing, and welfare schemes amid global economic challenges.

Modi 3.0: How different will be the third Modi government

Narendra Modi is scheduled to take take oath for the third term as India's Prime Minister in a changed political landscape. Allies demand concessions, potentially affecting economic agenda. Expectations for populist budget with focus on welfare and rural areas, though concerns raised over economic impact. Reform agenda may face challenges due to weakened mandate, but continuity likely in infrastructure investment and business environment improvements.

Modi premium for Indian stocks gets a hard look after elections

With the leader now navigating coalition politics after a weaker-than-expected mandate in this week’s national election, the so-called Modi premium is under scrutiny. Investors are looking for proof that Modi can continue his reforms with the same vigor, while balancing the demands of alliance partners and avoiding populist measures to regain public support.

India to scale 'new heights' of progress under PM Modi's leadership, say NDA partners

President Droupadi Murmu appointed NDA Parliamentary Party leader Narendra Modi as prime minister-designate. Modi received congratulations from BJP and coalition leaders predicting progress under his leadership over the next five years. Telugu Desam Party MP Kinjarapu Ram Mohan Naidu confirmed support for the NDA, emphasising their commitment to nation-building and regional aspirations. Various leaders expressed confidence in Modi's leadership and the NDA government's ability to advance the country's development.

Public sector banks pin hopes on new Govt for higher PLI for employees

State-run banks are optimistic about a more lucrative performance-linked incentive (PLI) for employees and are advocating for a five-day banking week as a new coalition government takes charge. Bank unions and employee associations seek a review of the current PLI scheme, introduced in 2020, which currently offers up to 15-days salary for growth exceeding 15%. Recent wage settlements have included a 17% salary increase and proposed a five-day week, pending government approval. Banks' cumulative profit exceeded ₹1.4 lakh crore in FY 2024.

Budget to indicate policy priorities of coalition govt, says Moody's

Moody's Analytics highlighted that the upcoming Union Budget will set policy priorities for the coalition government, shaping the next five years' growth trajectory.

Watch: Flashback! BJP's Late Pramod Mahajan’s humorous Parliament speech on coalition govt goes viral

Time will tell if Modi can run a stable government, says P Chidambaram

Chidambaram questions the stability of PM Narendra Modi's coalition government and discusses the challenges of forming alliances with regional parties. He emphasizes the Congress' focus on electoral transparency and improvement, rejecting comparisons between Modi and Nehru and criticizing misleading exit polls.

Lok Sabha Results: Coalition govt is back. Will policy paralysis too strike again?

Over the past decade, Narendra Modi has propelled India's economy to become one of the fastest-growing globally, positioning it to soon rank as the world's third-largest. His emphasis on reforms and dynamic policies, exemplified by initiatives like Make in India, has bolstered manufacturing and infrastructure growth. However, the recent Lok Sabha election results, leading to a coalition government, raise concerns about potential challenges and policy paralysis ahead. Expert analyses suggest that while coalition governments have historically been effective in driving economic growth, they have struggled to control inflation.

Lok Sabha results googly may unsettle Indian companies unfamiliar with coalition pitch

Post-election, certain Indian businesses face uncertainty after years of stability under Modi's single-party majority. Concerns arise about decision-making and reforms as BJP's weaker mandate shifts dynamics. Industry veterans note silence from typically vocal business leaders, who now await potential changes in the new cabinet amid speculations about Modi's altered work style.

After two Lok Sabha iterations, multiplayer politics on the national level gets its mojo back

We, along with Modi, are entering uncharted waters now. Uncharted not for India, of course - which has had plenty of trysts with coalition governments since the time pre-millennials can remember - but for the PM on his third gig unfamiliar with power-sharing, and for us, not knowing how he'll handle anything more than his own set of demands.

Back to the future with N Chandrababu Naidu

The recent election has a nostalgic touch, reminiscent of the 1990s when coalition governments were common. Andhra Pradesh's chief minister-designate, N Chandrababu Naidu, a key figure from that era, is poised to play a significant role in national politics again. Naidu, known for leading the United Front coalition in 1996 and transforming Andhra Pradesh with his tech-savvy governance in the late 90s, has upstaged the incumbent CM and secured 16 Lok Sabha seats. With today's focus on AI and semiconductor manufacturing, Naidu's return could blend his tech enthusiasm with coalition politics anew.

Coalitions, building economic agreement

India's economic reforms are not slowed down by re-entering coalition politics. The country has a history of tough decisions and reformist outcomes under coalition rule since the 1990s.