President rule in Maharashtra & worst Q2 results mar Modi 2.0
(WorldNews Pakistan)

In the worst day of its second tenure on Tuesday, Modi Sarkar was told by India’s largest public sector bank, State Bank of India that economy will grow only 4.2% in second quarter against 5% in last quarter. Last quarter result was already the worst in last six years. On top of that later in the afternoon, President rule was imposed in Maharashtra after BJP failed to meet the deadline to form a government 20 days after elections last month. Maharashtra is India’s most important state and contributes most in its GDP compared to any other state i.e. around 15%. With political instability in the largest state, the economic worries will further aggravate and Singapore DBS Bank has...