India’s PM Narendra Modi set to win historic third term — but with surprisingly slim majority

Indian Prime Minister Narendra Modi is set to secure a historic third term, but his party has now lost its majority rule for the first time in a decade.  

While Modi, 73, celebrated his smallest victory ever on Tuesday, things looked grim for his Bharatiya Janata Party (BJP), which maintained a majority rule in India since 2014. 

The latest outcome shocked the nation, as Modi and BJP members were predicted to win by another landslide. India’s stock market fell by 6% after the votes were tallied.