India's PM Modi concedes defeat in Bihar
INEW DELHI] Narendra Modi conceded defeat in a key election in Bihar, one of India's biggest and poorest states, on Sunday in a major blow for the prime minister.
"Had a telephone conversation with Shri @NitishKumar & congratulated him on the victory," Mr Modi said on Twitter of his opponent, Bihar Chief Minister Nitish Kumar.
Election Commission results showed Mr Modi's Hindu nationalist party leading in only 52 seats in the 243-seat state assembly compared to 158 for Kumar's coalition of regional parties, as vote counting continues.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month