NarendraModi’s emphatic re-election victory makes inevitable something that was long feared: the transformation of India from secular democracy to Hindu majoritarian state. Far from helping to reverse the global tide of illiberal figures and movements, voters in the world’s largest democracy have advanced it. Modi won with a landslide despite having failed miserably in his central mission: to create jobs ...

Bloomberg Stocks rose in Europe on Monday and markets were mixed in Asia as investors mulled three weeks of global declines amid escalating US-China trade tensions. Core sovereign bonds in the European Union advanced after mainstream parties held their ground against populists in elections. The Euro Stoxx index rose, helped by Fiat Chrysler’s proposed merger with France’s Renault, which drove ...

Bloomberg Indian equities advanced amid continued optimism that Prime Minster Narendra Modi will adopt more policies to spur growth in Asia’s third-biggest economy. The benchmark S&P BSE Sensex rose 0.6 percent to 39,683.29 in Mumbai, adding to a series of record highs this year after capping its best week in seven months. The NSE Nifty 50 Index advanced 0.7 percent, ...