Modi sworn in as India's PM for third time

Indian Prime Minister Narendra Modi has been sworn in for a third term, AFP reported.

During the ceremony, Modi was surrounded by representatives of his nationalist Bharatiya Janata Party (BJP) and coalition partners the National Democratic Alliance (NDA)

The outcome of the last elections was worse than expected for Modi and he will rule with coalition partners in his third term. Uncertainty over the new coalition government's economic policies led to a sharp fall in Indian stocks the day after the final results became clear. | BGNES