Indians and foreign investors are hopeful about another five years with Modi as prime minister, but will he live up to their expectations? Photo: Getty ImagesNEW DELHI—Prime Minister Narendra Modi, India’s popular nationalist leader, won a sweeping mandate for a second five-year term, setting the stage for further economic change in one of Asia’s fastest-growing economies but also more divisive social policies for his Hindu nationalist supporters. After nine hours of counting, the official government tally shows the ruling Bharatiya Janata Party and its allies appeared set to win more than 340 seats—enough to reach a majority in India’s lower house of Parliament, which has 543...

Source: Wall Street Journal May 23, 2019 05:37 UTC