India's election results show frustration over unequal economic growth

Indian shares plunged and the rupee tumbled after early results showed Prime Minister Narendra Modi's party winning far fewer seats than expected in the country's election, leaving it reliant on coalition partners. Billionaire Gautam Adani's business empire saw nearly $45 billion in its market value wiped off in a single day. We take a closer look at the state of the Indian economy. Plus, South Korea hosts leaders from dozens of African nations in a bid to boost trade, particularly in minerals. 

Jun 5, 2024 - 09:00
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India's election results show frustration over unequal economic growth
Indian shares plunged and the rupee tumbled after early results showed Prime Minister Narendra Modi's party winning far fewer seats than expected in the country's election, leaving it reliant on coalition partners. Billionaire Gautam Adani's business empire saw nearly $45 billion in its market value wiped off in a single day. We take a closer look at the state of the Indian economy. Plus, South Korea hosts leaders from dozens of African nations in a bid to boost trade, particularly in minerals.