LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Assembly Election Results 2018: BJP trails in vote count of three state polls, in setback for PM Modi

Assembly Election Results 2018: Ruling Bharatiya Janata Party was trailing on Tuesday in three big heartland states, two TV networks said, as counting began from local elections seen as a final trial of strength for Prime Minister Narendra Modi before general elections next year.   

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Assembly Election Results 2018: BJP trails in vote count of three state polls, in setback for PM Modi
Ruling Bharatiya Janata Party was trailing on Tuesday in three big heartland states, as counting began from local elections seen as a final trial of strength for Modi before general elections next year. Image source: reuters
Written By: Reuters
Updated: Tue, Dec 11, 2018
11:57 am
Reuters
RELATED NEWS
Om Birla to be NDA nominee for Lok Sabha Speaker Om Birla to be NDA nominee for Lok Sabha Speaker
Fitch warns of fiscal slippage if govt goes for populist interim budget Fitch warns of fiscal slippage if govt goes for populist interim budget
How India's 450 mn smartphone users could decide Narendra Modi, Rahul Gandhi's fate in 2019 Lok Sabha elections How India's 450 mn smartphone users could decide Narendra Modi, Rahul Gandhi's fate in 2019 Lok Sabha elections
Kerala bandh: BJP-called shutdown derails state Kerala bandh: BJP-called shutdown derails state
Farmers body says this is why PM Narendra Modi led BJP lost in Hindi heartland of Madhya Pradesh, Chhattisgarh and Rajasthan Farmers body says this is why PM Narendra Modi led BJP lost in Hindi heartland of Madhya Pradesh, Chhattisgarh and Rajasthan

Assembly Election Results 2018: Ruling Bharatiya Janata Party was trailing on Tuesday in three big heartland states, two TV networks said, as counting began from local elections seen as a final trial of strength for Prime Minister Narendra Modi before general elections next year. 

Analysts say a big loss for the BJP would signal rural dismay and help unite opposition to Modi, though his personal popularity remains high, despite criticism that he was unable to deliver on promises to create jobs for young people and improve conditions for farmers.

The elections are also a test for Rahul Gandhi, the chief of the main opposition Congress party, who is trying to forge a broad alliance with regional groups to mount the most serious challenge to Modi yet in the election that must be held by May.

In Rajasthan, the Congress was leading in 81 seats of the 199-member assembly against the BJP`s 56 in the initial round of voting, India Today TV said. 

In Chhattisgarh, the Congress was ahead in 46 of the 90 seats at stake with the BJP at 22 and was holding to a slender lead in the most populous state at stake, Madhya Pradesh, the network said.

#ZBizHeadlines | इस वक्त की सुर्खियां
- मध्यप्रदेश और छत्तीसगढ़ में लग सकता है बीजेपी को झटका
- बाज़ार में निचले स्तर से शानदार रिकवरी pic.twitter.com/bDcUCQsb5E

— Zee Business (@ZeeBusiness) December 11, 2018

The Times Now channel also said the BJP was trailing in all three states, where it had grabbed almost all the parliamentary seats in its landslide win in the last general election in 2014.

Poll analysts cautioned that with the counting in preliminary stages, it was too early to predict the outcome of state races involving millions of voters.

Local issues usually dominate state polls, but politicians are seeing the elections as a pointer to the national vote just months away.

The Indian rupee dropped as much as 1.5 percent to 72.465 per dollar, while bond yields rose 12 basis points to 7.71 percent after the resignation of the central bank governor.

The broader NSE share index was down 1.3 percent with investors cautious ahead of the state election results. 

Equity analysts had warned that Monday`s surprise resignation of Urjit Patel, the governor of the Reserve Bank of India, after a long tiff with the government, could send the markets crashing.

"As the three erstwhile BJP states have a large agrarian population, the BJP`s drubbing could be interpreted to mean that farm unrest is real," Nomura said in a research note.

"A rout of the BJP on its homeground states should encourage cohesion among the opposition parties to strengthen the non-BJP coalition for the general elections."

Regional parties are likely to retain two smaller states that also report results on Tuesday, Telangana and Mizoram, the polls show.

Rahul Gandhi, the fourth generation scion of the Nehru-Gandhi dynasty, has sought to build a coalition of regional groups, some headed by experienced firebrand, ambitious politicians.

Congress has already said it would not name Rahul Gandhi, who is seen as lacking experience, as a prime ministerial candidate.

"When one and one become eleven, even the mighty can be dethroned," opposition leader Akhilesh Yadav said of the prospect of growing opposition unity.  

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Bharatiya Janata Party (BJP)Congress
RELATED NEWS
Om Birla to be NDA nominee for Lok Sabha Speaker Om Birla to be NDA nominee for Lok Sabha Speaker
Fitch warns of fiscal slippage if govt goes for populist interim budget Fitch warns of fiscal slippage if govt goes for populist interim budget
How India's 450 mn smartphone users could decide Narendra Modi, Rahul Gandhi's fate in 2019 Lok Sabha elections How India's 450 mn smartphone users could decide Narendra Modi, Rahul Gandhi's fate in 2019 Lok Sabha elections
Kerala bandh: BJP-called shutdown derails state Kerala bandh: BJP-called shutdown derails state
Farmers body says this is why PM Narendra Modi led BJP lost in Hindi heartland of Madhya Pradesh, Chhattisgarh and Rajasthan Farmers body says this is why PM Narendra Modi led BJP lost in Hindi heartland of Madhya Pradesh, Chhattisgarh and Rajasthan

LATEST NEWS

PUBG Mobile 1.3 beta update: APK download link for global version - Check all details here!

Realme 8 Series with huge 108MP camera coming soon in India - Here's all you need to know!

Salman Khan, Katrina Kaif, Emraan Hashmi attend puja before ''Tiger 3'' goes on floors

Rain lashes J&K, to continue for 24 hrs

Britannia Industries share price: Sharekhan recommends Buy with an unchanged price target of Rs 4200

SAIL share price: Anand Rathi initiates coverage with BUY recommendation and a target price of Rs 94 per share

Indian Pro Music League Grand Opening: Salman Khan's 'mega selfie' on world's biggest music league with Riteish Deshmukh, Genelia D'Souza, Shraddha Kapoor, others now viral on social media

World's BIGGEST Music Reality Show! Zee brings Indian Pro Music League today with Salman Khan as brand ambassador

Yes Bank Share price: This is what Choice Broking highlights

Indian economy 2021: With 0.4% GDP growth in 3rd quarter, country out of technical recession

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved