INSUBCONTINENT EXCLUSIVE:
Noted economist Swaminathan Aiyar on Thursday said the Karnataka cliffhanger has nothing to do with the volatility being witnessed in
Instead, it has to do with the developments in international markets.
The liquidity flight out of emerging markets, problems in places like
Turkey and Argentina, the spike in oil prices and rising interest rates in the United States are more adverse factors for markets than
politics, says while the Karnataka situation is still fluid, whatever happens is not going to reflect well on Prime Minister Narendra Modi
very-very distant prediction
We will have to refine the things as we come closer to the actual date
said.
Aiyar, Consulting Editor of ETNow, said it would not make much difference if the BJP fails to rule Karnataka, and in some way, it is
would say BJP would have a very tough time in central India and could lose two or all three of those states
Siddaramaiah felt the blow of anti-incumbency even though he was regarded as a pretty reasonably good chief minister
I think BJP will realise it is going to be in under pressure in all those states
optimistic to believe that Yeddyurappa and company would fail to buy over enough MLAs to make a difference
He says all of the horse-trading attempts will fail
JD-S and the Congress would come to power
It has often got in a direction different from the rest of the country
