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Mod 109

Modi's party lost a key state election in Bihar, prompting concerns he may struggle to pass economic reforms; Indian stocks and the rupee fell to their lowest in over a month on the election result but pared some losses.

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28 views1 page

Mod 109

Modi's party lost a key state election in Bihar, prompting concerns he may struggle to pass economic reforms; Indian stocks and the rupee fell to their lowest in over a month on the election result but pared some losses.

Uploaded by

phaltu_
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Modi needs to win most state elections in the next three years to secure full control of

parliament, and the heavy loss in the northern state of Bihar prompted some to fret he could
struggle to push through key economic reforms.
After falling as much as 2.3 per cent on Monday to its lowest level since September 29, the NSE
was 1.2 per cent lower as of 1345 India time (0815 GMT).
The rupee and 10-year benchmark bond fell to their lowest since September 16, but recovered to
post milder losses.

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