India’s ruling coalition is not about to fall

The threatened resignation of ministers belonging to the Tamil Nadu-based Dravida Munnetra Kazhagam (DMK) is by no means the beginning of the end for the ruling coalition led by the Indian National Congress (INC). Indeed, the threat is most likely an attempt to use brinkmanship tactics to gain the upper hand in negotiations over a seat-sharing alliance for the forthcoming Tamil Nadu state elections. The positive takeaway from a market perspective is that the INC (also referred to as the...

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