Earlier in the week, markets were spooked by the results of India’s election after Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) fell short of the predicted landslide victory and will now have to govern with coalition partners at the cost of greater compromises. There will still be political continuity, Modi will again be prime minister, and while some changes are expected in some positions, the members of the coalition are generally maintained. There will not be much change in terms of India’s role on the geopolitical scene. This was commented by Velina Chakarova, a geopolitical strategist, in the program “Business Start” with host Hristo Nikolov.
