BBG just reporting a clear nod for Modi’s Bharatiya Janata Party (BJP) opposition party according to counting trends
- BJP on track for 272 seats on its own in the 543 seat parliament
- Rupee strengthened to 58.69 vs USD a little earlier. highest since June 2013 (ADD: BBG reporting now that RBI intervening to buy USD)
Reuters has this take on events leading up to the announcement
The BBC is running this continual update
What do our Indian readers think of this ? A good result for economy and people?
Add:
BBC now reporting that India’s governing Congress party admits defeat by the main opposition BJP as results come in from the general election
