Start making sense of your financial wellness.

Watch the Sitholes every Thursday at 17h30 on e.tv

India’s BJP heading for big win

Comment on this story


iol pic wld_INDIA-ELECTION-POLLS_0515_11

Reuters

Supporters of Hindu nationalist Narendra Modi, the prime ministerial candidate for India's main opposition BJP, shower confetti from the top of a bus in the western Indian city of Ahmedabad. Picture: Amit Dave

New Delhi - Opposition candidate Narendra Modi will be the next prime minister of India, with early election results on Friday showing the pro-business Hindu nationalist and his party headed for the biggest victory the country has seen in 30 years.

The alliance led by Modi's Bharatiya Janata Party (BJP) was winning the vote count in 325 parliamentary seats, far more than the majority of 272 required to rule. Even on its own, the BJP was ahead in 273 seats.

The United Progressive Alliance led by the Gandhi family's Congress Party, which has ruled India for the last decade, was leading in just 67 seats - its worst-ever showing.

Modi has promised to unblock stalled investments in power, road and rail projects to revive economic growth that has fallen to a decade low of below five percent. - Reuters


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks

Business Directory