Narendra | Common News Update

Indian Prime Minister Narendra Modi has secured a second term after winning the country's general election.The Bharatiya Janata Party (BJP) claims it has won re-election with a commanding lead, with Mr Modi tweeting: "Together we grow. Together we prosper. Together we will build a strong and inclusive India. India wins yet again!" The election has been seen as a referendum on Mr Modi, whose economic reforms have had mixed results but whose popularity as a social underdog has endured.He began the campaign under pressure after losing three state elections amid rising anger over farm prices and unemployment.However, campaigning shifted to national security after a suicide car bomb killed 40 Indian police in the contested Kashmir region in February. ...

WATCHING money drain from your bank account has never been so much fun. On WhatsApp, a messaging service ubiquitous in India, sending rupees is now as easy as posting a selfie. Set-up is a breeze, because all Indian banks have been corralled onto a common payment platform on which anyone, from Google and Samsung to local payment firms and banks themselves, can build their own user interface. Money zips instantly from one bank account to the other, without any need to set up a pesky digital wallet or download some new app. At least outside China, there is no simpler way to shift money today.WhatsApp’s offering is being rolled out gradually. The number of transactions routed through the Unified Payment Interface (UPI), the system on which WhatsApp and the rest are riding, has soared from alm...

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India election: Narendra Modi secures second term

Narendra Modi wants to boost formalisation. How is he faring?