Modi secures historic third term but falls short of outright majority

India's Prime Minister Narendra Modi won the election, but his party didn't get enough seats to rule alone. This means they need to work with other parties to run the government. Modi's party won fewer seats this time compared to the last election. This might make it harder for them to make big changes in the country. The stock market in India reacted positively to the election results. Investors are waiting to see how the new government will work and if they will make any important decisions. Some experts think that having a balanced government with different parties is good because it helps to keep things fair. Modi's victory was unexpected, and he celebrated it. He has been in power for a while and has made some changes in the country. However, some promises like creating more jobs and increasing farmers' incomes have not been fulfilled yet. The economy is growing fast, but many young people are still struggling to find work. Investors are watching the job market closely. If it shows signs of weakness, the Federal Reserve might decide to lower interest rates. But if the job market gets too bad, it could lead to an economic recession. It's important to keep an eye on these developments to understand how the economy is doing.