The world's largest democracy underwent a significant political shift in its 2024 general election. Political pundits and exit polls predicted a landslide victory for India's Prime Minister Narendra Modi's Bharatiya Janata Party but the surprise result of the election reaffirmed the unpredictable nature of Indian politics. Although Prime Minister Modi has secured a third term, his BJP failed to achieve outright parliamentary majority in the 543-seat lower house of parliament. Nirmala Ganapathy, The Straits Times' India bureau chief discussed the factors that contributed to the shock election outcome and the priorities the new government will focus on.

The world's largest democracy underwent a significant political shift in its 2024 general election. Political pundits and exit polls predicted a landslide victory for India's Prime Minister Narendra Modi's Bharatiya Janata Party but the surprise result of the election reaffirmed the unpredictable nature of Indian politics. Although Prime Minister Modi has secured a third term, his BJP failed to achieve outright parliamentary majority in the 543-seat lower house of parliament. Nirmala Ganapathy, The Straits Times' India bureau chief discussed the factors that contributed to the shock election outcome and the priorities the new government will focus on.

What led to India's shock election outcome?

The certificate of entitlement (COE) premium for the Open category breached the $150,000 mark at the latest tender exercise to close at a new all-time high of $152,000.

What has caused prices of COEs to skyrocket over the last few years? And is it time for the government to review the system? 

Walter Theseira, Associate Professor, Economics & Head, Master of Management (Urban Transportation) Programme, Singapore University of Social Sciences shares his views. 

The certificate of entitlement (COE) premium for the Open category breached the $150,000 mark at the latest tender exercise to close at a new all-time high of $152,000.
What has caused prices of COEs to skyrocket over the last few years? And is it time for the government to review the system? 
Walter Theseira, Associate Professor, Economics &amp; Head, Master of Management (Urban Transportation) Programme, Singapore University of Social Sciences shares his views.

Weekly Wrap Up: Did Singapore's ride hailing scene cause COE prices to skyrocket?

A recap of the biggest news stories so you do not miss a thing, even while you were busy working.

A recap of the biggest news stories so you do not miss a thing, even while you were busy working.

The Weekly Wrap-Up

Social links:

Follow the podcast: