Vote counting begins, Modi's BJP likely to win third term
CNBC — June 4, 2024, 02:00 AM UTC
Summary: India has begun counting votes for the 2024 general election, with Narendra Modi projected to win a third consecutive term as Prime Minister. Exit polls suggest the BJP-led coalition could secure 365 seats in the lower house. Markets reacted positively, with the Nifty50 and Sensex hitting record highs. India's economy grew by 8.2% in the fiscal year ending March 2024 under Modi's leadership. Infrastructure development is a key focus for the new government.
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