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Coalition rule could be good news for the Indian economy

Coalition rule could be good news for the Indian economy
Previous multiparty governments have pushed through tough reforms

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In a surprising turn of events, India's financial markets experienced a bout of uncertainty as it became evident that Prime Minister Narendra Modi's Bharatiya Janata Party was set to lose its parliamentary majority. Ritesh Kumar Singh, founder and chief executive of Indonomics Consulting in New Delhi, has been closely monitoring the situation.

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