Victory for Democracy

Indian voters give the ossified Congress Party a thrashing and vote for a pro-reform agenda:
http://www.bloomberg.com/news/2014-05-15/india-to-count-551-million-votes-as-modi-projected-to-take-power.html

Foreign Policy Impact

http://www.project-syndicate.org/print/brahma-chellaney-assesses-the-likely-impact-of-narendra-modi-s-victory-on-his-country-s-economic-and-foreign-policies

Economic Impact
http://www.bloomberg.com/news/2014-05-16/modi-victory-spurs-optimism-india-economy-will-lead-bric-rebound.html 

http://www.project-syndicate.org/print/gita-gopinath-and-iqbal-dhaliwal-believe-that-narendra-modi-s-new-government-should-focus-its-agenda-on-five-areas

Market Reaction:

http://in.reuters.com/article/2014/05/16/india-bse-deutsche-idINKBN0DW0HL20140516