Indian General Elections 2014 - page 2.

sgk

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!! HODL !!

Quote from: deadley on May 20, 2014, 08:10:02 AM

Quote from: sgk on May 20, 2014, 08:07:59 AM

Quote from: bryant.coleman on May 20, 2014, 03:42:05 AM

lol... Indian markets are breaking all records. The BSE Sensex is trading at 25,000+ levels. I made the right decision to invest in Indian equities (through pink sheets). Should have invested more. Grin

HOW DARE YOU INVEST IN ANYTHING OTHER THAN BITCOIN? Grin

lol, Bitcoin is very risky investment, and no one want to invest everything in only 1 side. simple rule for investment dont put all eggs in 1 basket. just diversify your investment and you will always be safe.

Agreed. It was only a joke. I have my own investment diversified

deadley

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Quote from: sgk on May 20, 2014, 08:07:59 AM

Quote from: bryant.coleman on May 20, 2014, 03:42:05 AM

lol... Indian markets are breaking all records. The BSE Sensex is trading at 25,000+ levels. I made the right decision to invest in Indian equities (through pink sheets). Should have invested more. Grin

HOW DARE YOU INVEST IN ANYTHING OTHER THAN BITCOIN? Grin

lol, Bitcoin is very risky investment, and no one want to invest everything in only 1 side. simple rule for investment dont put all eggs in 1 basket. just diversify your investment and you will always be safe.

sgk

legendary

Activity: 1470

Merit: 1002

!! HODL !!

Quote from: bryant.coleman on May 20, 2014, 03:42:05 AM

lol... Indian markets are breaking all records. The BSE Sensex is trading at 25,000+ levels. I made the right decision to invest in Indian equities (through pink sheets). Should have invested more. Grin

HOW DARE YOU INVEST IN ANYTHING OTHER THAN BITCOIN? Grin

bryant.coleman

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Activity: 3752

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lol... Indian markets are breaking all records. The BSE Sensex is trading at 25,000+ levels. I made the right decision to invest in Indian equities (through pink sheets). Should have invested more. Grin

bryant.coleman

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Quote from: sgk on May 17, 2014, 08:06:28 AM

Nitish Kumar just resigned. I know there was always tension between Nitish and Modi but I didn't think he would go to such heights.

Around 50 MLAs from Nitish's party are planning to break-away and form a new outfit. The BJP is planning to form the new government, with the help of these rebels. So the best option for Nitish right now is to dissolve the assembly.

deadley

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Quote from: sgk on May 17, 2014, 08:06:28 AM

Nitish Kumar just resigned. I know there was always tension between Nitish and Modi but I didn't think he would go to such heights.

he resigned from Bihar CM position because he dont have full mandte and if he did not resigned then other party force him for motion and his govt. will fall.

sgk

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!! HODL !!

Nitish Kumar just resigned. I know there was always tension between Nitish and Modi but I didn't think he would go to such heights.

deadley

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Quote from: bryant.coleman on May 17, 2014, 12:05:16 AM

Quote from: sgk on May 16, 2014, 02:06:19 PM

So it looks like there is no 'Modi Wave' in South India after all. Modi even tried to attract people using Rajnikanth as a bait, but that didn't work as well.

NDA did well in South India. Here is the break down of the S Indian seats:

TN (+ PD + AN): Total seats 41. ADMK - 37, NDA - 4 (BJP - 2, PMK - 1, AINRC-1).

KER (+ LX): Total seats 21. UPA - 13, Left -8, NDA -0.

Karnataka (+Goa): Total seats 30. NDA - 19 (BJP - 19), UPA - 9, JDS- 2.

Andhra: Total seats 42. NDA - 20 (TDP - 16, BJP -4). UPA - 3, TRS - 11, YSRC - 8.

So for South India, there are a total of 134 seats, of which NDA got 43 (BJP - 25). Not a bad performance.

but mostly seats from allies and about Karnataka, last time BJP had government there Yedurappa was CM and he resigned coz of corruption charges and then yedurappa resigned from BJP too and make his party and then in assembly election he fight election alone that is the reason BJP lost election in assembly so after that yedurappa merged his party in BJP again and that is why BJP got so many seats from Karnataka.

sgk

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!! HODL !!

Quote from: bryant.coleman on May 17, 2014, 12:05:16 AM

Quote from: sgk on May 16, 2014, 02:06:19 PM

So it looks like there is no 'Modi Wave' in South India after all. Modi even tried to attract people using Rajnikanth as a bait, but that didn't work as well.

NDA did well in South India. Here is the break down of the S Indian seats:

TN (+ PD + AN): Total seats 41. ADMK - 37, NDA - 4 (BJP - 2, PMK - 1, AINRC-1).

KER (+ LX): Total seats 21. UPA - 13, Left -8, NDA -0.

Karnataka (+Goa): Total seats 30. NDA - 19 (BJP - 19), UPA - 9, JDS- 2.

Andhra: Total seats 42. NDA - 20 (TDP - 16, BJP -4). UPA - 3, TRS - 11, YSRC - 8.

So for South India, there are a total of 134 seats, of which NDA got 43 (BJP - 25). Not a bad performance.

You're right, thanks for pointing out the stats. NDA especially did well in Karnataka and Andhra.

bryant.coleman

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Quote from: sgk on May 16, 2014, 02:06:19 PM

So it looks like there is no 'Modi Wave' in South India after all. Modi even tried to attract people using Rajnikanth as a bait, but that didn't work as well.

NDA did well in South India. Here is the break down of the S Indian seats:

TN (+ PD + AN): Total seats 41. ADMK - 37, NDA - 4 (BJP - 2, PMK - 1, AINRC-1).

KER (+ LX): Total seats 21. UPA - 13, Left -8, NDA -0.

Karnataka (+Goa): Total seats 30. NDA - 19 (BJP - 19), UPA - 9, JDS- 2.

Andhra: Total seats 42. NDA - 20 (TDP - 16, BJP -4). UPA - 3, TRS - 11, YSRC - 8.

So for South India, there are a total of 134 seats, of which NDA got 43 (BJP - 25). Not a bad performance.

AnonyMint

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Running a state and the Indian federal government is not the same:

http://www.forbes.com/sites/meghabahree/2014/03/24/even-narendra-modi-may-not-be-able-to-help-the-indian-economy/

Quote

Global investment bank Credit Suisse in a new report titled “Elections: Much Ado About Nothing”, says elections will not revive an investment cycle in India. Reason: The majority of the projects that could help boost investments and the economy are stuck either because of a lack of funds, or are in an already crowded market or are awaiting approvals by state governments, and not the federal government.

Modi's economic development model (like China's) hinged on stealing land from peasants, massive debt for crony capitalists, forcing the peasants into low-wage labor industries:

http://www.forbes.com/sites/meghabahree/2014/03/12/doing-big-business-in-modis-gujarat/

Unfortunately globally there is an oversupply of both industrial capacity, industrial labor, and debt.

As I explained in upthread posts, there just isn't much fiscal, debt, and global capacity wiggle room for him to change much.

He can try to privatize and get the state out of the economy, but this pays off if the capacity exists to employ the people. Rather if he does that heading into a global conflagcollapse that I expect 2016ish, he is likely to get instead political backlash.

Thoughts?

deadley

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Quote from: beetcoin on May 16, 2014, 02:25:03 PM

there are so many parties - can someone do an overview of what the parties that have won believe in? and if those groups are open to the adoption of bitcoin? i doubt it is so, but who knows.

lol, I dont think any party will even talk about Bitcoin, you are talking about adoption. RBI clearly said becareful about Bitcoin for bitcoins trader.

beetcoin

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there are so many parties - can someone do an overview of what the parties that have won believe in? and if those groups are open to the adoption of bitcoin? i doubt it is so, but who knows.

deadley

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Quote from: sgk on May 16, 2014, 02:06:19 PM

So it looks like there is no 'Modi Wave' in South India after all. Modi even tried to attract people using Rajnikanth as a bait, but that didn't work as well.

Its normal for South India becoz regional parties very strong there. still BJP won some seats.

sgk

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!! HODL !!

So it looks like there is no 'Modi Wave' in South India after all. Modi even tried to attract people using Rajnikanth as a bait, but that didn't work as well.

deadley

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Quote from: bryant.coleman on May 16, 2014, 11:26:15 AM

Quote from: newIndia on May 16, 2014, 11:02:22 AM

Looks like ADMK has emerged as the 3rd largest keeping behind TMC at 4th.

ADMK won 37 out of the 39 seats it had contested. A win ratio of close to 95%. The NDA won the remaining two seats, leaving the DMK and INC seatless. Still, it will be interesting to know whether they would join the NDA government or not.

I dont think they will. and another interesting thing will NDA accept them if AIDMK will want to join NDA.

bryant.coleman

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Quote from: newIndia on May 16, 2014, 11:02:22 AM

Looks like ADMK has emerged as the 3rd largest keeping behind TMC at 4th.

ADMK won 37 out of the 39 seats it had contested. A win ratio of close to 95%. The NDA won the remaining two seats, leaving the DMK and INC seatless. Still, it will be interesting to know whether they would join the NDA government or not.

deadley

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Quote from: newIndia on May 16, 2014, 11:02:22 AM

Quote from: bryant.coleman on May 16, 2014, 07:48:51 AM

The results so far:

NDA: 336 (BJP - 284 seats)
UPA: 59 (INC - 46 seats)
ADMK: 37
TMC: 34
Others: 77

Looks like ADMK has emerged as the 3rd largest keeping behind TMC at 4th.

it was expected from AIDMK, they were expecting 30+. and they got it .

newIndia

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Quote from: bryant.coleman on May 16, 2014, 07:48:51 AM

The results so far:

NDA: 336 (BJP - 284 seats)
UPA: 59 (INC - 46 seats)
ADMK: 37
TMC: 34
Others: 77

Looks like ADMK has emerged as the 3rd largest keeping behind TMC at 4th.

deadley

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Quote from: Sithara007 on May 16, 2014, 08:31:11 AM

Never expected this much victory margin for the NDA. They almost got the two-thirds majority. And the Indian National Congress (which has ruled India for more than 5 decades since the independence) has been almost wiped out.

even Modi did not expected this kind of mandate, it is really unbelievable. BJP finished SP and BSP. BSP did not won single seat.

Topic: Indian General Elections 2014 - page 2. (Read 5310 times)