Why Raamdeo Agarwal believes Indian markets will double in next 5-6 years despite Modi-led NDA's less than predicted mandate

Narendra Modi , Earns Narrow Election Win For, Historic Third Term. Reuters reports that Indian Prime Minister Narendra Modi is set to win a historic third term on June 4, but with vastly diminished majority following a rare electoral setback. . For the first time in a decade, Modi's ruling Bharatiya Janata Party lost its majority in parliament. . The party is now dependent on regional allies to secure the half-way mark required to stay on top of the world's largest democracy. For the BJP to drop below the majority mark, this is a personal setback for him, Yogendra Yadav, Psephologist and the founder of a small political group opposed to the BJP, via Reuters. Since taking power a decade ago, Modi has been ruling as the alliance's unquestioned leader, however, his opponents have seen his reign as the country sliding towards authoritarianism. . My sole issue with Modi today is that he has become larger than the party itself. In a democratic system... a party should always supersede an individual, Surendra Kumar Dwivedi, Former head of the Department of Political Science at Lucknow University, via Reuters. The election win makes Modi only the second Indian leader to win a third term after founding Prime Minister Jawaharlal Nehru. The election win makes Modi only the second Indian leader to win a third term after founding Prime Minister Jawaharlal Nehru. Prior to the election win, Modi promised a transformative next five years in office. Reuters reports that Modi's presidency has seen India become the world's fastest growing major economy, and he has expressed aspirations of improving on those gains. What we have done in the last 10 years is only a preview, a trailer. We have a lot more to do. Modi is taking the country to a different level in the world, Narendra Modi, Prime Minister of India, via Reuters