What Indian business expects from Modi 3.0
After a brief panic, investors and bosses welcome the new government
HOW MUCH is one-party rule worth to India Inc? Judging by the market reaction to the results of the general election, the figure is around $400bn. That is the total market value lost by Mumbai-listed stocks on June 4th, when it turned out that rather than securing a big majority, as exit polls had predicted, the ruling Bharatiya Janata Party (BJP) of Narendra Modi would need coalition partners to govern.
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This article appeared in the Business section of the print edition under the headline “Mumbai mood swings”
Business June 15th 2024
- The war for AI talent is heating up
- A price war breaks out among China’s AI-model builders
- The EU hits China’s carmakers with hefty new tariffs
- The rise of the hard right alarms German business leaders
- What Indian business expects from Modi 3.0
- How Gen Zs rebel against Asia’s rigid corporate culture
- Hey Siri! Help me get Apple out of an AI-shaped hole
From the June 15th 2024 edition
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