_indian-prime-minister-narendra-modi39s-party-loses-outright-majority-leading-to-sharp-decline-in-etfs.jpg "Indian Prime Minister Narendra Modi's Party Loses Outright Majority, Leading to Sharp Decline in ETFs from inc prime Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:34
👁 View: 605K times
✓ Published: 06-Jun-2024
👁 View: 605K times
✓ Published: 06-Jun-2024
Description:
Indian Prime Minister Narendra Modi looked set to retain power, but his party lost its outright majority for the first time in 10 years as voters defied predictions of another landslide. Investors were unnerved by the outcome as it means Modi will depend on support from regional parties for the first time. Indian ETFs fell sharply as results showed Modi would not have a clear majority and policymaking could face more uncertainty. ETFs provide foreign investors easier access to Indian markets than direct stock investments. Investors had expected another Modi term to continue pro-business reforms and strong economic growth.
Indian Prime Minister Narendra Modi looked set to retain power, but his party lost its outright majority for the first time in 10 years as voters defied predictions of another landslide. Investors were unnerved by the outcome as it means Modi will depend on support from regional parties for the first time. Indian ETFs fell sharply as results showed Modi would not have a clear majority and policymaking could face more uncertainty. ETFs provide foreign investors easier access to Indian markets than direct stock investments. Investors had expected another Modi term to continue pro-business reforms and strong economic growth.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_lok-sabha-election-results-2024-124-pm-modi-resigns-prime-minister-again-on-june-8.webp "பிரதமர் நரேந்திர மோடி ராஜினாமா! ஜனாதிபதியிடம் ராஜினாமா கடிதம் கொடுத்தார்! <br/> <br/>Modi 3.O: PM Modi to take oath on evening of June 08, say sources | PM Modi submits resignation to President after cabinet recommends LS dissolution <br/> <br/> <br/>#LokSabhaElectionResults2024 <br/>#NDA <br/>#Modi <br/>#Resignation <br/>#ChandrababuNaidu <br/>#NitishKumar <br/><br/>~PR.54~ED.72~HT.74~")
_netradyne-camera-talk.webp "Prime Inc.")
_ls-election-results-2024-sanjay-raut-extends-full-support-to-rahul-gandhi-to-become-prime-minister.webp "In a recent statement, Shiv Sena leader Sanjay Raut discussed the leadership and future prospects of the INDIA alliance. On the question of Rahul Gandhi being the prime ministerial candidate, Raut expressed full support, stating, \")
⏲ 3:41 👁 26M
_breaking-news-prime-inc-backing-off-cameras-idea-prime-drivers-will-pay-for-cameras.webp "Trucker B")
⏲ 7 minutes 59 seconds 👁 690
_hauling-watermelon-to-maryland-124-prime-inc.webp "RunningOTR")
_china-willing-to-upgrade-economic-corridor-with-pakistan.webp "China willing to upgrade economic corridor with Pakistan<br/><br/>Beijing is willing to work with Islamabad to build an upgraded version of an economic corridor linking the two countries, China's leader Xi Jinping told visiting Pakistani Prime Minister Shehbaz Sharif on Friday.<br/><br/>Sharif pledged to ensure the safety of Chinese workers in Pakistan, state broadcaster CCTV reported. The report said that Sharif offered his government's condolences for the deaths in March of five Chinese engineers in a suicide bombing in Pakistan. They were working on a dam project in the South Asian country.<br/><br/>The Pakistani leader, near the end of a five-day visit, is making his first trip to China since his election in March. The China-Pakistan Economic Corridor includes building and improving roads and rail systems to link western China's Xinjiang region to Pakistan's Gwadar port on the Arabian sea. It is part of Xi's Belt and Road Initiative to increase trade by building infrastructure around the world.<br/><br/>Photos by AP<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#themanilatimes<br/>#worldnews <br/>#china<br/>#pakistan<br/>")
_lok-sabha-election-results-2024-124-pm-modi-resigns-prime-minister-again-on-june-8.jpg)
_netradyne-camera-talk.jpg)
_ls-election-results-2024-sanjay-raut-extends-full-support-to-rahul-gandhi-to-become-prime-minister.jpg)
_breaking-news-prime-inc-backing-off-cameras-idea-prime-drivers-will-pay-for-cameras.jpg)
_hauling-watermelon-to-maryland-124-prime-inc.jpg)
_china-willing-to-upgrade-economic-corridor-with-pakistan.jpg)
![[+]](/images/menu.gif){kind=small}