The main opposition Congress party has accused Modi and his Bharatiya Janata Party (BJP) of shielding Adani and stonewalling independent investigations into his dealings in the country, charges the ruling party has denied. Congress workers have also held street protests demanding a parliamentary probe.

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Stock benchmarks in India surged on Monday as Prime Minister Narendra Modi’s Bharatiya Janata Party-led alliance secured a thumping victory in the nation’s wealthiest state of Maharashtra.

Prime Minister Narendra Modi’s Hindu nationalist party is headed for a victory in state elections in politically significant Maharashtra while the opposition won mineral-rich Jharkhand state

Indian Prime Minister Narendra Modi's party and its allies were set to return to power in the nation's richest state, television channels reported on Saturday, a boost for the Hindu-nationalist leader after a disappointing general election.

Prime Minister Narendra Modi and his party scored a big political win over the weekend. After losing its parliamentary majority in national elections in June, the BJP posted a landslide victory in a state election in Maharashtra,

By Bharath Rajeswaran (Reuters) -Indian shares extended their rally on Monday after Prime Minister Modi's party and its allies scored a decisive win in the country's richest state of Maharashtra. The NSE Nifty 50 rose 1.